OSAGE EXPLORATION & DEVELOPMENT INC | 2013 | FY | 3


As of December 31, 2013 and 2012, the Company had outstanding dilutive securities, consisting entirely of warrants. Changes in warrants outstanding are as follows:

 

    Shares     Weighted Average Exercise Price     Average Remaining Contractual Life
Balance December 31, 2011     1,125,000     $ 1.25     0.27 years
Granted     2,246,843     $ 0.01      
Exercised     (200,000 )   $ 0.01      
Balance December 31, 2012     3,171,843     $ 0.45     1.75 years
Exercised     (350,000 )   $ 0.01      
Cancelled or Expired     (1,125,000 )   $ 1.25      
Balance December 31, 2013     1,696,843     $ 0.01     3.35 years


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