Number of Shares | Exercise Price | Weighted Average Price | ||||||||||
Warrants as of December 31, 2011 | - | $ | - | $ | - | |||||||
Issued in 2012 | 7,260,000 | $ | 1.00 1.50 | $ | 1.02 | |||||||
Expired | - | $ | - | $ | - | |||||||
Exercised | - | $ | - | $ | - | |||||||
Warrants as of December 31, 2012 | 7,260,000 | $ | 1.00-1.50 | $ | 1.02 | |||||||
Issued in 2013 | 5,159,168 | $ | 1.00 15.00 | $ | 1.77 | |||||||
Expired | - | $ | - | $ | - | |||||||
Exercised | 4,461,668 | $ | 0.50-0.75 | $ | 0.55 | |||||||
Warrants as of December 31, 2013 | 7,957,500 | $ | 1.00 15.00 | $ | 1.77 |