Warrants and Options (Table)

12 Months Ended

Dec. 31, 2013

Warrants And Options Table

Summary of Warrants Issued And Outstanding

Below is a table summarizing the warrants issued and outstanding as of December 31, 2013.

Date Issued	Number Outstanding		Exercise Price $		Contractual Life (Years)		Expiration Date	Value if Exercised $
03/15/11		200,000		0.50		5	3/15/2016		100,000
03/24/11		100,000		0.50		5	3/24/2016		50,000
04/01/11		100,000		0.50		5	4/1/2016		50,000
06/21/11		100,000		0.50		5	6/21/2016		50,000
07/13/11		250,000		1.05		5	07/13/16		262,500
05/11/12		344,059		2.60		4	05/10/16		894,553
05/11/12		26,685		1.75		3	05/10/15		46,699
03/20/13		200,000		2.47		3	03/20/16		494,000
							-03/20/19
06/10/13		29,750		2.00		5	06/10/18		59,500
08/07/13		45,000		2.40		3	08/07/16		108,000
11/25/13		456,063		2.40		5	11/25/18		1,094,551
12/31/13		64,392		2.40		5	11/25/18		154,541
12/31/13		1,915,949		1.74		4.5	–	$	3,364,344

Summary of options issued and outstanding

Below is a table summarizing the options issued and outstanding as of December 31, 2013.

Date Issued	Number Outstanding		Exercise Price $		Contractual Life (Years)		Expiration Date	Value if Exercised $
11/25/11		690,000		3.00-5.00		3	05/25/15-11/25/17		2,760,000
09/01/12		30,000		4.31-6.31		3	03/01/16-09/01/18		159,300
12/13/12		100,000		3.01		3	12/13/15		301,000
03/20/13		37,000		2.35-4.35		3	09/20/16-03/20/19		123,950
09/02/13		16,300		2.35-4.35		3	03/02/14-09/02/16		54,605
12/31/13		873,300	$	3.89		3	–	$	3,398,855