Quarterly report pursuant to sections 13 or 15(d)

STOCK WARRANTS

v2.4.0.8
STOCK WARRANTS
3 Months Ended
Mar. 31, 2014
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 March 31, 2014: 
 
Exercise
 
Number
 
Expiration
 
Price
 
Outstanding
 
Date
 
$
4.25
 
 
1,181,384
 
August 2018
 
 
12.00
 
 
456,009
 
December 2017 to February 2018
 
 
20.00
 
 
14,538
 
January 2015
 
 
25.00
 
 
354,229
 
January 2017 to February 2019
 
 
 
 
 
2,006,160
 
 
 
 
During the three months ended March 31, 2014, the Company issued an aggregate of 1,119,746 shares of its common stock upon the exercise of warrants at $4.25 per share.