Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS

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STOCK WARRANTS
9 Months Ended
Sep. 30, 2015
Stock Warrants [Abstract]  
Stock Warrants [Text Block]
NOTE 5 – STOCK WARRANTS
 
The following table summarizes information with respect to outstanding warrants to purchase common stock of the Company at September 30, 2015:
 
Exercise
Number
 
Expiration
 
Price
Outstanding
 
Date
 
$
4.25
 
 
918,979
 
August 2018
 
 
12.00
 
 
456,009
 
December 2017 to February 2018
 
 
25.00
 
 
354,229
 
January 2017 to February 2019
 
 
 
 
 
1,729,217
 
 
 
 
In January 2015, 14,538 warrants with an exercise price of $20.00 expired. During the quarter ended September 30, 2015, 2,000 warrants with an exercise price of $4.25 were exercised.