Total Warrants |
Weighted average exercise price |
Weighted average remaining life (in years) |
Aggregate intrinsic value |
|||||||||||||
Outstanding, as of December 31, 2011 |
8,250,000 | $ | 0.30 | |||||||||||||
Granted |
— | — | ||||||||||||||
Exercised |
— | — | ||||||||||||||
Forfeited |
— | — | ||||||||||||||
Expired |
— | — | ||||||||||||||
Outstanding, as of December 31, 2012 |
8,250,000 | $ | 0.30 | 2.97 | ||||||||||||
Granted |
30,419,129 | 0.25 | ||||||||||||||
Exercised |
— | — | ||||||||||||||
Forfeited |
— | — | ||||||||||||||
Expired |
— | — | ||||||||||||||
Outstanding, as of December 31, 2013 |
38,669,129 | $ | 0.26 | 2.79 | — | |||||||||||
Vested or expected to vest at December 31, 2013 |
38,669,129 | $ | 0.26 | 2.79 | — | |||||||||||
Exercisable at December 31, 2013 |
38,669,129 | $ | 0.26 | 2.79 | — |