A summary of the Company’s warrants outstanding and exercisable as of August 31, 2013 and 2012 is as follows:
| Shares of Common Stock Issuable from Warrants Outstanding as of | |||||||||||||
| Description | August 31, 2013 | August 31, 2012 | Exercise Price | Expiration | |||||||||
| Series G | 625,000 | 625,000 | $ | 0.64 | April 17, 2015 | ||||||||
| Series H | 1,755,126 | - | $ | 0.83 | February 1, 2016 | ||||||||
| Total | 2,380,126 | 625,000 | |||||||||||