Annual report pursuant to Section 13 and 15(d)

Note 3 - Stockholders' Equity (Tables)

v3.8.0.1
Note 3 - Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Stock Options And Warrants Tables  
Summary of the warrant activity
    Number of Warrants     Weighted Average Exercise Price  
Outstanding, December 31, 2014:      2,652,098     $ 2.50  
Granted     9,874,823       1.25  
Forfeited     (1,200 )     30.00  
Exercised     -          
Outstanding at December 31, 2015:     12,525,721     $ 1.25  
Granted     5,101,500       0.45  
Forfeited     (351,837)       1.25  
Exercised     (12,610,183 )     1.25  
Outstanding at December 31, 2016     4,665,201     $ 0.45  
                 
Exercisable warrants:                 
December 31, 2016     4,665,201     $ 0.45  
December 31, 2015     12,525,721     $ 1.25  
Summary of the stock option activity
    Number of Options     Weighted Average Exercise Price  
Outstanding, December 31, 2014     326,040     $ 15.00  
Granted     52,000       3.29  
Exercised     -          
Expired     (3,240 )     61.00  
Outstanding, December 31, 2015     374,800     $ 4.88  
Granted     -       -  
Exercised     -       -  
Expired     (947 )     56.27  
Outstanding, December 31, 2015     373,833     $ 4.76  
                 
Exercisable Options:                
December 31, 2015     270,762     $ 4.88  
December 31, 2016     373,833     $ 4.76  
Summary of outstanding and exercisable stock options
        Outstanding Options     Exercisable Options  
 

Range of

Exercise Prices

   

Number of

Options

    Weighted-Average Remaining Contractual Life    

Weighted-Average

Exercise Price

   

Number of

Options

   

Weighted-Average

Exercise Price

 
  $2.50 to $7.50      373,833       2.38     $ 4.76       273,833     $ 4.76