Quarterly report pursuant to sections 13 or 15(d)

10. Warrants (Tables)

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10. Warrants (Tables)
6 Months Ended
Jun. 30, 2012
Warrants Tables  
Schedule Of Stockholders Equity Warrants

The following schedule summarizes the changes in the Company’s warrants for the six months ended June 30, 2012:

 

    Number     Exercise     Weighted Average  
    of     Price     Exercise Price  
    Warrants     per Share     per Share  
Exercisable December 31, 2011     471,108     $ 0.40     $ 0.40  
Warrants Granted     5,380,952     $ 0.33     $ 0.33  
Warrants Exercised                  
Warrants Expired                  
Balance at June 30, 2012     5,852,060     $ 0.33-0.40     $ 0.34  
                         
Exercisable June 30, 2012     5,852,060     $ 0.33-0.40     $ 0.34  

Schedule Of Outstanding Warrants

 

The following schedule summarizes the outstanding warrants at June 30, 2012:

 

Number of Warrants
Outstanding at 
June 30, 2012
  Number of 
Warrants 
Exercisable at 
June 30, 2012
  Expiration
Date
  Exercise Price
5,852,060   5,852,060   2013-2017   $ 0.33 - 0.40