Marathon Patent Group, Inc. | 2013 | FY | 3


    Number of Warrants     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life (Years)  
Balance at December 31, 2012     199,162     $ 7.02       6.52  
Granted     582,175       6.50       2.46  
Cancelled     -       -       -  
Forfeited     (73,077 )     6.50       8.08  
Exercised     -       -       -  
Balance at December 31, 2013     708,260     $ 6.66       2.74  
                         
Warrants exercisable at December 31, 2013     680,055     $ 6.66          
Weighted average fair value of warrants granted during the period ended December 31, 2013           $ 6.50          

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