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Note 8 - Warrants To Purchase Common Stock: Schedule of warrants (Tables)
3 Months Ended
Mar. 31, 2013
Tables/Schedules  
Schedule of warrants

 

A summary of warrants issued, exercised and expired for the three months ended March 31, 2013 follows:                                                       

 

 

 

 

 

 

 

Shares

 

 

Weighted-Average

Exercise Price

 

 

Weighted-

Average

Remaining

Contractual Term

Outstanding at December 31, 2012

 

661,947

 

 

 

  $1.25

 

 

 

2.15

Granted

 

843,770

 

 

 

  $1.00

 

 

 

2.00

Exercised

 

        --

 

 

 

     --

 

 

 

   --

Expired

 

(11,667)

 

 

 

$3.00

 

 

 

3.00

Outstanding at March 31, 2013

 

  1,494,050

 

 

 

  $1.25

 

 

 

1.95

Exercisable at March 31, 2013

 

  1,494,050

 

 

 

  $1.25

 

 

 

1.95