Warrants |
Weighted Average Exercise Price |
Weighted Average Remaining Contractual Life in Years | Intrinsic Value | |||||||||||||
Balance September 30, 2010 | 250,000 | $ | 1.20 | |||||||||||||
Granted | 824,000 | $ | 0.03 | |||||||||||||
Forfeited/Cancelled | - | - | ||||||||||||||
Exercised | - | - | ||||||||||||||
Balance September 30, 2011 - outstanding | 1,074,000 | $ | 0.30 | 1.27 | $ | 8,560 | ||||||||||
Balance September 30, 2011 - exercisable | 1,074,000 | $ | 0.30 | 1.27 | $ | 8,560 |