Quarterly report pursuant to Section 13 or 15(d)

Capital Stock (Tables)

v2.4.0.6
Capital Stock (Tables)
3 Months Ended
Jun. 30, 2012
Capital Stock Tables  
Black-Scholes Option Pricing Model

 

Assumption:   Pre-modification   Post-modification
Market price per share   $ 1.96     $ 1.96  
Exercise price per share (weighted average)   $ 2.76     $ 0.50  
Risk-free interest rate     0.16% - 0.41%       0.06 %
Expected term (years)     0.62 – 2.85       0.12  
Volatility     74.5% - 85.7%       85.7 %
Dividend rate     0.0 %     0.0 %
                 
Weighted Average Fair Value per share   $ 0.65     $ 1.46  

Warrant exercises and grants

 

  Exercise       Expiration       June 30,  
  Price       Date       2012  
                     
$ 0.88       5/17/2012 to 5/11/2014       15,428  
$ 1.125       12/28/2012       97,679  
$ 1.25       5/11/2014 to 12/31/2014       120,280  
$ 1.50       12/31/2012       325,000  
$ 1.75       12/31/2013       577,784  
$ 2.00       8/3/2013 to 12/31/2014       609,000  
$ 2.50       5/11/2014       493,650  
$ 2.625       12/31/2013       482,990  
$ 2.75       2/28/2017       272,724  
$ 3.00       1/4/2015 to 2/13/2016       609,857  
               
                  3,604,392