2.4.0.80009 - Disclosure - WARRANTStruefalsefalse1false
falsefalseFrom2013-03-01to2013-05-31http://www.sec.gov/CIK0001404943duration2013-03-01T00:00:002013-05-31T00:00:001true
1pvso_WarrantsAbstractpvso_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse| 1falsefalsefalse00falsefalsefalse | xbrli:stringItemTypestringfalse0
2false
2pvso_WarrantsTextBlockpvso_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse| 1falsefalsefalse00<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the three months ended May 31, 2013, the
Company issued 70,000 warrants in connection with the issuance of Convertible Promissory Notes referenced in Note 5 below. These
warrants were issued between March 1, 2013 and May 14, 2013, are exercisable at $3.00 per share and expire between March 1, 2017
and May 14, 2017. These warrants vest immediately. The Company analyzed the transaction for derivative liability and determined
it did not apply.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In connection with the issuance of the Convertible
Promissory Notes, we issued placement agent warrants in an aggregate amount to purchase 8,480 shares of common stock. These placement
agent warrants are exercisable at $2.50 per share, have a term of 5 years and a cashless exercise feature and vest immediately.
The fair value of these warrants was determined to be $25,498, as calculated using the Black-Scholes model. Assumptions used in
the Black-Scholes model included: (1) a discount rate of 0.75%; (2) an expected term of 5 years; (3) an expected volatility of
301%; and (4) zero expected dividends.</p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">The following table summarizes common stock purchase warrants
issued and outstanding:</p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p>
<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"><b>Warrants</b></font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="border-bottom: black 1pt solid">
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>Weighted</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>average</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>exercise</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>price</b></p></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="border-bottom: black 1pt solid">
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>Aggregate</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>intrinsic</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>value</b></p></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="border-bottom: black 1pt solid">
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>Weighted</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>average</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>remaining</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>contractual</b></p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: center"><b>life (years)</b></p></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom">
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="width: 56%; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">Outstanding at February 28, 2013</font></td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 8%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">2,732,074</font></td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 1%; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="width: 8%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> 1.12</font></td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 1%; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="width: 8%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">6,489,388</font></td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 1%; line-height: 115%"> </td>
<td style="width: 8%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">3.52</font></td>
<td style="width: 1%; line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">Granted</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">78,480</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> $</font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">2.95</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"></font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%">-</td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">3.89</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">Exercised</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> -</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> -</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">-</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">-</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">Forfeited</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> -</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> -</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">-</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">-</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">Expired</font></td>
<td style="line-height: 115%"> </td>
<td style="border-bottom: black 2.25pt double; line-height: 115%"> </td>
<td style="border-bottom: black 2.25pt double; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> -</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="border-bottom: black 2.25pt double; line-height: 115%"> </td>
<td style="border-bottom: black 2.25pt double; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> -</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="border-bottom: black 2.25pt double; line-height: 115%"> </td>
<td style="border-bottom: black 2.25pt double; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">-</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="border-bottom: black 2.25pt double; line-height: 115%"> </td>
<td style="border-bottom: black 2.25pt double; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">-</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">Outstanding at May 31 2013</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">2,810,554</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> 1.18</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font-family: Times New Roman, Times, Serif">3,770,130</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"> 3.53</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td></tr>
</table>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table summarizes common
stock purchase warrants issued and outstanding:</p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Warrants exercisable at May 31, 2013
are:</p>
<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p>
<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td colspan="2" style="padding-right: 1.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"><b>Exercise</b></font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="padding-right: 1.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"><b>Weighted average</b></font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="padding-right: 1.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"><b>Exercisable number of</b></font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom">
<td colspan="2" style="border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"><b>prices</b></font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"><b>Number of shares</b></font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"><b>remaining life (years)</b></font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td colspan="2" style="border-bottom: black 1pt solid; padding-right: 1.8pt; text-align: center; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black"><b>shares</b></font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="width: 2%; padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="width: 10%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">0.68</font></td>
<td style="width: 2%; line-height: 115%"> </td>
<td style="width: 2%; text-align: right; line-height: 115%"> </td>
<td style="width: 6%; line-height: 115%"> </td>
<td style="width: 13%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">220,000</font></td>
<td style="width: 2%; line-height: 115%"> </td>
<td style="width: 2%; text-align: right; line-height: 115%"> </td>
<td style="width: 7%; line-height: 115%"> </td>
<td style="width: 15%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">3.46</font></td>
<td style="width: 2%; line-height: 115%"> </td>
<td style="width: 2%; line-height: 115%"> </td>
<td style="width: 8%; line-height: 115%"> </td>
<td style="width: 25%; padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">220,000</font></td>
<td style="width: 2%; line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">0.91</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">1,497,122</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">3.67</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">1,497,124</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">1.40</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">786,250</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">3.24</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">786,250</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">1.50</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">150,000</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">3.35</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">150,000</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">2.50</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">8,480</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">4.77</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">8,480</font></td>
<td style="line-height: 115%"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="padding-right: 0.8pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">$</font></td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">3.00</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">148,700</font></td>
<td style="line-height: 115%"> </td>
<td style="text-align: right; line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">3.75</font></td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="line-height: 115%"> </td>
<td style="padding-right: 0.8pt; text-align: right; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif; color: black">148,700</font></td>
<td style="line-height: 115%"> </td></tr>
</table>falsefalsefalse | nonnum:textBlockItemTypenaCustom ElementNo definition available.false0
falseWARRANTSUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://metastat.com/role/Warrants12