COPsync, Inc. | 2013 | FY | 3

A summary of the status of the Company’s outstanding warrants and the changes during 2012 and 2013 is as follows:

         
Weighted Average
 
   
Shares
   
Exercise Price
 
Outstanding, January 1, 2012
   
7,130,582
   
$
0.20
 
                 
Granted
   
3,611,400
   
$
0.10
 
                 
Cancelled
   
-
   
$ 
-
 
Expired
   
(400,000)
   
$ 
0.20
 
                 
Outstanding, December 31, 2012
   
10,341,982
   
$
0.17
 
                 
Exercisable, December 31, 2012
   
10,341,982
   
$
0.17
 
                 
Granted
   
  707,860
   
$
0.10
 
                 
Expired
   
-
   
$ 
-
 
                 
Outstanding, December 31, 2013
   
11,049,842
   
$
0.16
 
                 
Exercisable, December 31, 2013
   
11,049,842
   
$
0.16
 

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