Annual report pursuant to Section 13 and 15(d)

Schedule of summary of common stock warrants (Tables)

v3.3.1.900
Schedule of summary of common stock warrants (Tables)
12 Months Ended
Dec. 31, 2015
Schedule of summary of common stock warrants (Tables)  
Schedule of summary of common stock warrants (Tables)

The following table summarizes common stock warrants as of each period:

 

 

Series A

 

Series B

 

Series C

 

Series D

 

A,B,C,D

Total

Warrants

 

Outstanding at December 31, 2013

1,188,909

 

5,332,981

 

128,180

 

15,312,627

 

21,962,697

 

Issued

-

 

-

 

-

 

-

 

-

 

Exercised

(1,188,909)

 

(5,328,481)

 

(128,180)

 

(807,861)

 

(7,453,431)

 

Outstanding at December 31, 2014

-

 

4,500

 

-

 

14,504,766

 

14,509,266

 

Issued

-

 

-

 

-

 

-

 

-

 

Exercised

-

 

-

 

-

 

(1,795,030)

 

(1,795,030)

 

Outstanding at December 31, 2015

-

 

4,500

 

-

 

12,709,736

 

12,714,236

 

Series E, F, G and H warrants were issued for investment banking and advisory services during 2009. The following table summarizes E, F, G and H warrants as of each period:

 

 

Series E

$1.00

exercise

price

 

Series F

$3.00

exercise

price

 

Series G

$0.65

exercise

price

 

Series H

$7.00

exercise

price

 

E,F,G,H

Total

Warrants

 

Outstanding at December 31, 2013

107,931

 

369,037

 

88,579

 

689,159

 

1,254,706

 

Issued

-

 

-

 

-

 

-

 

-

 

Exercised

(107,931)

 

(369,037)

 

(88,579)

 

-

 

(565,547)

 

Outstanding at December 31, 2014

-

 

-

 

-

 

689,159

 

689,159

 

Issued

-

 

-

 

-

 

-

 

-

 

Exercised

-

 

-

 

-

 

-

 

-

 

Outstanding at December 31, 2015

-

 

-

 

-

 

689,159

 

689,159

 

Shares issued in 2014 as a result of cashless exercise

73,388

 

210,870

 

70,152

 

-

 

354,410