STOCK OPTIONS AND WARRANTS (Tables)

12 Months Ended

Dec. 31, 2013

Stock Options And Warrants Tables

Summary warrant activity

	Warrants Outstanding			Weighted Average Exercise Price
Outstanding, January 19, 2012		-		$	-
Outstanding Warrants Assumed with Merger on October 15, 2012		145,185			52.00
Exercised		-			-
Expired		(12,845	)		154.00
Outstanding, December 31, 2012		132,340		$	43.00
Granted		12,470,514			0.30
Exercised		-			-
Expired		(12,387	)		3.20
Outstanding, December 31, 2013		12,590,467		$	0.55

Outstanding warrants to purchase its common stock

Warrants Outstanding		Weighted Average Exercise Price Per Share		Weighted Average Remaining Life (Yrs)
	62,453	$	30.00		2.06
	57,500	$	25.00		0.50
	3,038,243	$	0.25		4.56
	9,432,271	$	0.30		4.90
	12,590,467	$	0.55		4.79

Weighted average assumption

	2013
Expected life	2.5 years
Estimated volatility		75.0	%
Risk-free interest rate		0.65	%
Dividends		-

Stock option activity

	Number of Shares			Weighted-Average Exercise Price
Options outstanding at January 19, 2012		-		$	-
Exercised		-			-
Granted		3,870,387			0.69
Forfeited		-			-
Expired		-			-
Options outstanding at December 31, 2012		3,870,387		$	0.69
Exercised		-			-
Granted		245,739			1.10
Forfeited		(122,868	)		1.02
Expired		-			-
Options outstanding at December 31, 2013		3,993,258		$	0.70

Stock Option Outstanding

		Outstanding Options
				Weighted Average				Exercisable Options
				Remaining		Aggregate				Aggregate
Range of				Contractual Life		Intrinsic				Intrinsic
Exercise Prices		Number		(Years)		Value		Number		Value
$	0.61		3,133,172		3.17	$	-		1,310,610	$	-
$	1.10		245,739		4.50		-		-		-
$	1.017		614,347		3.60		-		245,740	$	-
Totals			3,993,258		3.32	$	-		1,556,350	$	-