Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Warrants (Tables)

v2.4.0.6
Stock Options and Warrants (Tables)
9 Months Ended
Sep. 30, 2012
Stock Options And Warrants Tables  
Summary of the stock option activity

 

    Options Outstanding     Weighted Average Exercise Price  
Outstanding as of December 31, 2011     16,078,979     $ 0.19  
Granted     26,384,193       0.04  
Forfeited     3,679,027       0.17  
Exercised            
Outstanding as of September 30, 2012     38,784,145     $ 0.08  
Exercisable as of September 30, 2012     23,415,441     $ 0.08  

Summary of the warrant activity

 

    Warrants Outstanding     Weighted Average Exercise Price  
Outstanding as of December 31, 2011     105,001,252      $ 0.06  
Granted     462,300,546        0.01  
Forfeited     52,500,000        0.01  
Adjustments     (15,300,000)       0.01  
Exercised            
Outstanding as of September 30, 2012     499,501,798      $ 0.01