Quarterly report pursuant to Section 13 or 15(d)

Common Stock (Tables)

v2.4.0.8
Common Stock (Tables)
9 Months Ended
Sep. 30, 2013
Summary Of Issuances

 

 

 

 

 

 

 

 

 

 

 

 

Date of Issuance

Number of Shares Issued

Market Value Per Share

Total Market Value of Share Issuance

February 12, 2010

300,000

$

1.22 

$

366,000 

May 24, 2010

200,000

 

1.40 

 

280,000 

June 15, 2010

200,000

 

1.15 

 

230,000 

August 2, 2010

400,000

 

1.37 

 

548,000 

September 21, 2010

200,000

 

1.20 

 

240,000 

October 21, 2010

200,000

 

1.16 

 

232,000 

November 11, 2010

200,000

 

1.06 

 

212,000 

 

 

 

 

 

 

Total

1,700,000

 

 

$

2,108,000 

 

December 18, 2007 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

 

 

 

 

 

 

 

 

Gross Proceeds:

 

$

6,800,023 

 

 

 

 

Allocated to liabilities:

 

 

        

    Warrant liabilities

 

 

1,392,476 

    Less: Warrants allocated to placement agent

 

 

(138,326)

    Put feature on common stock

 

 

4,401,169 

Total allocated to liabilities

 

 

5,655,319 

   

 

 

 

Allocated to equity:

 

 

 

   Common stock and additional paid-in capital

 

 

1,144,704 

 

 

 

 

 

 

 

 

Total allocated gross proceeds:

 

$

6,800,023 

 

March 20, 2008 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

 

 

 

 

 

 

 

 

Gross Proceeds:

 

$

900,001 

 

 

 

 

Allocated to liabilities:

 

 

        

    Warrant liabilities

 

 

190,917 

    Put feature on common stock

 

 

553,569 

Total allocated to liabilities

 

 

744,486 

   

 

 

 

Allocated to common stock and additional paid-in capital

 

 

155,515 

 

 

 

 

Total allocated gross proceeds:

 

$

900,001 

 

June 5, 2009 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

 

 

 

 

 

 

 

 

Gross Proceeds:

 

$

3,000,000 

 

 

 

 

Allocated to liabilities:

 

 

        

   Warrant liabilities

 

 

3,451,194 

   Less: Warrants allocated to placement agent

 

 

(122,257)

Total allocated to liabilities

 

 

3,328,937 

 

 

 

 

Allocated to equity:

 

 

 

   Common stock and additional paid-in capital

 

 

-

 

 

 

 

Allocated to expense:

 

 

 

   Derivative loss at inception

 

 

(328,937)

 

 

 

 

Total allocated gross proceeds:

 

$

3,000,000 

 

October 23, 2009 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

 

 

 

 

 

 

 

 

Gross Proceeds:

 

$

5,000,000 

 

 

 

 

Allocated to liabilities:

 

 

        

   Warrant liabilities

 

 

1,114,627 

   Less: Warrants allocated to placement agent

 

 

(101,693)

Total allocated to liabilities

 

 

1,012,934 

 

 

 

 

Allocated to equity:

 

 

 

   Common stock and additional paid-in capital

 

 

3,987,066 

 

 

 

 

 

 

 

 

Total allocated gross proceeds:

 

$

5,000,000 

 

June 30, 2010 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

 

 

 

 

 

 

 

 

Gross Proceeds:

 

$

10,000,000 

 

 

 

 

Allocated to liabilities:

 

 

        

   Warrant liabilities

 

 

1,980,880 

   Less: Warrants allocated to placement agent

 

 

(180,080)

Total allocated to liabilities

 

 

1,800,800 

 

 

 

 

Allocated to equity:

 

 

 

   Common stock and additional paid-in capital

 

 

8,199,200 

 

 

 

 

Total allocated gross proceeds:

 

$

10,000,000 

 

March 31, 2011 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

 

 

 

 

 

 

 

 

Gross Proceeds:

 

$

10,000,000 

 

 

 

 

Allocated to liabilities:

 

 

        

   Warrant liabilities

 

 

2,924,333 

   Less: Warrants allocated to placement agent

 

 

(97,667)

Total allocated to liabilities

 

 

2,826,666 

 

 

 

 

Allocated to equity:

 

 

 

   Common stock and additional paid-in capital

 

 

7,173,334 

 

 

 

 

Total allocated gross proceeds:

 

$

10,000,000 

 

December 4, 2012 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

A summary of the allocation of the proceeds of the offering is shown below:

 

 

 

 

 

 

 

 

 

Gross Proceeds:

 

$

7,260,000 

 

 

 

 

Allocated to liabilities:

 

 

        

   Warrant liabilities

 

 

2,637,216 

   Less: Warrants allocated to placement agent

 

 

(163,096)

Total allocated to liabilities

 

 

2,474,120 

 

 

 

 

 

 

 

 

Allocated to equity:

 

 

 

   Common stock and additional paid-in capital

 

 

4,785,880 

 

 

 

 

Total allocated gross proceeds:

 

$

7,260,000 

 

July 26, 2013 Financing [Member]
 
Summary Of Allocation Of Proceeds From Offering

A summary of the allocation of the proceeds of the offering is shown below:

 

 

 

 

 

 

 

 

 

Gross Proceeds:

 

$

5,700,000 

 

 

 

 

Allocated to liabilities:

 

 

        

   Warrant liabilities

 

 

1,406,441 

   Less: Warrants allocated to placement agent

 

 

(110,489)

Total allocated to liabilities

 

 

1,295,952 

 

 

 

 

 

 

 

 

Allocated to equity:

 

 

 

   Common stock and additional paid-in capital

 

 

4,404,048 

 

 

 

 

Total allocated gross proceeds:

 

$

5,700,000