|
Reverse Stock Split
|
||||||||||||||||||||
|
Expiration
|
Warrants
|
Exericse
|
Restated
|
Restated
|
||||||||||||||||
|
Issued Class A Warrants
|
Grant Date
|
Date
|
Granted
|
Price
|
Warrants
|
Price
|
||||||||||||||
|
April, 2008 Supply Agreement
|
4/16/2008
|
4/15/2013
|
5,000 | $ | 15.00 | 10 | $ | 7,500.00 | ||||||||||||
|
Aprl, 2008 Finder's Fees
|
4/14/2008
|
4/13/2013
|
3,125 | $ | 10.00 | 6 | $ | 5,000.00 | ||||||||||||
|
May, 2008 Finder's Fees
|
5/19/2008
|
5/18/2013
|
1,875 | $ | 10.00 | 4 | $ | 5,000.00 | ||||||||||||
|
January, 2009 Debt Extensions
|
1/27/2009
|
1/26/2014
|
26,800 | $ | 1.00 | 54 | $ | 500.00 | ||||||||||||
|
September, 2010 Debt Extension
|
9/9/2010
|
9/9/2013
|
51,000 | $ | 0.05 | 102 | $ | 25.00 | ||||||||||||
|
January, 2011 Debt Extension
|
1/11/2011
|
1/10/2014
|
12,000 | $ | 0.05 | 24 | $ | 25.00 | ||||||||||||
|
Total issued Class A warrants
|
99,800 | 200 | ||||||||||||||||||
|
Unissued Class B warrants (a):
|
||||||||||||||||||||
|
April, 2008 Finder's Fees
|
3,125 | 6 | ||||||||||||||||||
|
May, 2008 Finder's Fees
|
1,875 | 4 | ||||||||||||||||||
|
Total unissued Class B Warrants
|
5,000 | 10 | ||||||||||||||||||
|
Total Warrants
|
104,800 | 210 | ||||||||||||||||||
|
Weighted
|
Reverse Stock Split
|
|||||||||||||||
|
Average
|
Restated
|
Restated
|
||||||||||||||
|
Shares
|
Price
|
Warrants
|
Price
|
|||||||||||||
|
Activity for our common stock warrants is presented below:
|
||||||||||||||||
|
Total warrants outstanding March 31, 2011
|
116,470,441 | $ | 1.60 | 232,941 | $ | 800.00 | ||||||||||
|
New warrants granted
|
97,500,000 | 0.02 | 195,000 | $ | 10.00 | |||||||||||
|
Warrants that expired
|
(70,000 | ) | (140 | ) | ||||||||||||
|
Total warrants outstanding March 31, 2012
|
213,900,441 | 0.04 | 427,801 | $ | 20.00 | |||||||||||
|
Cashless exercise of warrants
|
(1,000,000 | ) | (2,000 | ) | ||||||||||||
|
Warrants that expired
|
(112,500 | ) | (225 | ) | ||||||||||||
|
Warrants surrendered for exchange of new convertible notes
|
(212,501,323 | ) | (425,002 | ) | ||||||||||||
|
Warrants (Class B) cancelled for exchange of new convertible notes
|
(181,818 | ) | (364 | ) | ||||||||||||
|
Total warrants outstanding March 31, 2013
|
104,800 | $ | 2.19 | 210 | $ | 1,095.00 | ||||||||||