|
|
|
Number of Shares |
|
Exercise Price |
| ||
|
Balance at December 31, 2010 |
|
6,263,209 |
|
$ 3.66 to $5.00 |
| ||
|
Exercised for cash |
|
(5,183,209 |
) |
3.66 to 3.75 |
| ||
|
Exercised in cashless exchange |
|
(80,000 |
) |
3.75 |
| ||
|
Balance at December 31, 2011 |
|
1,000,000 |
|
$5.00 |
| ||
|
Issuance of new warrants |
|
10,000,000 |
|
$4.23 |
| ||
|
Balance at December 31, 2012 |
|
11,000,000 |
|
$ |
4.23 to 5.00 |
| |
|
Expiration of warrants |
|
(10,000,000 |
) |
$4.23 |
| ||
|
Balance at December 31, 2013 |
|
1,000,000 |
|
$5.00 |
| ||
|
Weighted average exercise price |
|
$ |
5.00 |
|
|
| |