Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS

v3.19.1
STOCK WARRANTS
3 Months Ended
Mar. 31, 2019
Stock Warrants  
STOCK WARRANTS

NOTE 7 – STOCK WARRANTS

 

The following table summarizes information with respect to outstanding warrants to purchase common stock of the Company at March 31, 2019:

 

Exercise     Number     Expiration
Price     Outstanding     Date
$ 3.50       4,905,710     December 2023
$ 63.00       54,400     October 2021
$ 69.00       4,736     October 2021
          4,964,846      

 

During the quarter ended March 31, 2019, 20,000 warrants with an exercise price of $3.50 were exercised for proceeds of approximately $70,000.

 

During the quarter ended March 31, 2019 and March 31, 2018, 233 and 108 warrants with an exercise price of $2,500 and $1,200, respectively, expired.