Quarterly report pursuant to Section 13 or 15(d)

Convertible Notes and Warrants (Tables)

v2.4.0.8
Convertible Notes and Warrants (Tables)
6 Months Ended
Jun. 30, 2013
2011 Warrants
 
Convertible Notes and Warrant Liabilities  
Summary of warrants outstanding

 

 

 

2011 Warrants

 

Exercise
Price

 

Beginning balance — December 31, 2012

 

40,000,000

 

$

0.15

 

Less: Canceled

 

(40,000,000

)

0.15

 

Add: Issued

 

65,263,156

 

0.098

 

Less: Exercised

 

(29,085,523

)

0.098

 

Ending Balance — June 30, 2013

 

36,177,633

 

$

0.098

 

2012 Warrants - $0.15 Warrants
 
Convertible Notes and Warrant Liabilities  
Summary of warrants outstanding

 

 

$0.15 Warrants

 

Warrants

 

Exercise
Price

 

Beginning balance at December 31, 2012

 

10,000,000

 

$

0.15

 

Less: Canceled

 

(10,000,000

)

0.15

 

Add: Issued

 

16,315,790

 

0.098

 

Less: Exercised

 

 

 

Ending balance at June 30, 2013

 

16,315,790

 

$

0.098

 

2012 Warrants - $0.25 Warrants
 
Convertible Notes and Warrant Liabilities  
Summary of warrants outstanding

$0.25 Warrants

 

Warrants

 

Exercise
Price

 

Beginning balance at December 31, 2012

 

10,000,000

 

$

0.25

 

Less: Canceled

 

(10,000,000

)

0.25

 

Ending balance at June 30, 2013

 

 

$

 

 

Third Tranche Warrants
 
Convertible Notes and Warrant Liabilities  
Summary of warrants outstanding

 

 

Third Tranche Warrants

 

Warrants

 

Exercise
Price

 

Beginning balance at December 31, 2012

 

 

$

 

Add: Issued

 

2,500,000

 

$

0.15

 

Less: Canceled warrants

 

(2,500,000

)

0.15

 

Ending balance at June 30, 2013

 

 

$