Weighted | |||||||||||||
Weighted | Average | ||||||||||||
Shares | Average | Remaining | Aggregate | ||||||||||
Under | Exercise | Contractual | Intrinsic | ||||||||||
Warrants | Price | Life | Value | ||||||||||
Outstanding at December 31, 2011 | 96,800 | $ | 122.0 | 4.5 years | $ | - | |||||||
Issued | 11,934 | 125.0 | |||||||||||
Exercised | |||||||||||||
Expired | - | ||||||||||||
Outstanding at December 31, 2012 | 108,734 | $ | 123.0 | 3.5 years | $ | - | |||||||
Issued | 12,387,156 | 2.5 | |||||||||||
Exercised | (122,734) | ||||||||||||
Expired | - | ||||||||||||
Outstanding and exercisable at December 31, 2013 | 12,373,156 | $ | 2.51 | 4.11 years | $ | 31,056,390 |