|
For the Year Ended December 31, 2013 |
||||||||||||||||
|
Beginning Outstanding |
Issued |
Exercised |
Ending Outstanding |
|||||||||||||
|
2011 Transaction |
23,075,000 | — | 11,772,500 | 11,302,500 | ||||||||||||
|
Exercise Agreement |
— | 4,500,000 | — | 4,500,000 | ||||||||||||
|
ipCapital |
400,000 | — | — | 400,000 | ||||||||||||
|
Consulting Warrant (1) |
— | 312,500 | — | 312,500 | ||||||||||||
|
Offer to Exercise |
— | 152,500 | — | 152,500 | ||||||||||||
|
Total |
23,475,000 | 4,965,000 | 11,772,500 | 16,667,500 | ||||||||||||
|
For the Year Ended December 31, 2012 |
||||||||||||||||
|
Beginning Outstanding |
Issued |
Exercised |
Ending Outstanding |
|||||||||||||
|
2011 Transaction |
23,075,000 | — | — | 23,075,000 | ||||||||||||
|
ipCapital |
400,000 | — | — | 400,000 | ||||||||||||
|
Total |
23,475,000 | — | — | 23,475,000 | ||||||||||||