Date of conversion | Conversion Price | Shares of Common Stock Issued | Debt and Interest Converted | ||||||||
2011: | |||||||||||
July 2011 | $ | 4.13 | 18,160 | $ | 75,000 | ||||||
November 2011 | $ | 3.92 | 19,132 | $ | 75,000 | ||||||
Subtotal | 37,292 | $ | 150,000 | ||||||||
2013: | |||||||||||
February 2013 | $ | 3.73 | 6,635 | $ | 24,749 | ||||||
March 2013 | $ | 3.73 | 6,635 | $ | 24,749 | ||||||
April 2013 | $ | 3.73 | 67,024 | $ | 250,000 | ||||||
August 2013 | $ | 3.73 | 284,878 | $ | 1,062,595 | ||||||
September 2013 | $ | 3.73 | 246,264 | $ | 918,553 | ||||||
October 2013 | $ | 3.73 | 448,215 | $ | 1,671,840 | ||||||
November 2013 | $ | 3.73 | 136,402 | $ | 508,778 | ||||||
December 2013 | $ | 3.73 | 82,326 | $ | 307,067 | ||||||
Subtotal | 1,278,379 | $ | 4,768,331 | ||||||||
Total | 1,315,671 | $ | 4,918,331 | ||||||||