|
|
Weighted-
|
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|
|
Weighted-
|
Average
|
Aggregate
|
||||||||||||
|
Shares
|
Average
|
Remaining
|
Intrinsic
|
||||||||||||
|
|
Underlying
|
Exercise
|
Contractual
|
Value
|
|||||||||||
|
Description
|
Warrants
|
Price
|
Term (in years)
|
(In-the-Money)
|
|||||||||||
|
Outstanding and exercisable at December 31, 2011
|
800,000 | $ | 1.88 | 2.3 | $ | - | |||||||||
|
Warrants issued with long-term notes payable
|
402,778 | $ | 1.63 | 2.5 | $ | - | |||||||||
|
Warrants expired (Series A)
|
(200,000 | ) | $ | - | - | $ | - | ||||||||
|
Outstanding and exerciseable at December 31, 2012
|
1,002,778 | $ | 1.85 | 2.0 | |||||||||||
|
Warrants issued with long-tern Notes payable
|
100,000 | $ | .45 | 1.0 | $ | 45,000 | |||||||||
|
Warrants expired (Series B and C)
|
(200,000 | ) | |||||||||||||
|
Outstanding and exerciseable at December 31, 2013
|
902,778 | $ | 1.39 | 1.2 | |||||||||||