The following table shows outstanding warrants as of December 31, 2013, all of which were issued in the July 2011 private placement financing transaction. All of the outstanding warrants have cashless exercise provisions in the event the registration statement registering the resale of the shares of common stock issuable upon exercise of the warrants is not effective or the prospectus forming a part of the registration statement is not current. All warrants are exercisable for common stock.
|
Date Issued |
Warrant Shares |
Exercise Price |
Expiration Date | Cash if Exercised |
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|
July 18, 2011 |
14,791,376 | $ | 0.75 | July 18, 2016 | $ | 11,093,532 | ||||||||||