A summary of the options and warrants issued is presented in the table below:
|
| Weighted Average Exercise Price |
|
| Number of Options and Warrants |
|
| Weighted Average Remaining Contractual Term |
|
| Aggregate Fair Value |
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
Outstanding at June 30, 2011 |
| $ | 0.50 |
|
|
| 54,924 |
|
|
| 5.99 |
|
| $ | 55 |
|
Granted |
|
| 0.02 |
|
|
| 155,000 |
|
|
| 2.51 |
|
|
| 151,900 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding at June 30, 2012 |
|
| 0.04 |
|
|
| 209,924 |
|
|
| 3.16 |
|
|
| 151,955 |
|
Granted |
|
| 0.45 |
|
|
| 3,441,050 |
|
|
| 1.48 |
|
|
| 732,304 |
|
Cancelled |
|
| 1.00 |
|
|
| (1,500,000 | ) |
|
| 0.17 |
|
|
| - |
|
Exercised |
|
| 0.02 |
|
|
| (1,458,677 | ) |
|
| 2.35 |
|
|
| (610,644 | ) |
Outstanding at June 30, 2013 |
| $ | 0.06 |
|
|
| 692,297 |
|
|
| 2.68 |
|
| $ | 273,615 |
|