Duos Technologies Group, Inc. Annual report pursuant to section 13 and 15(d)

Annual report pursuant to section 13 and 15(d)

STOCK PURCHASE WARRANTS AND OPTIONS (Tables)

STOCK PURCHASE WARRANTS AND OPTIONS (Tables)

12 Months Ended

Dec. 31, 2012

STOCK PURCHASE WARRANTS AND OPTIONS [Abstract]

Schedule of Warrants Activity

Following is a summary of warrants outstanding:


		For the Year Ended
		December 31, 2012								December 31, 2011
		Shares				Weighted Avg Exercise Price				Shares				Weighted Avg Exercise Price
Outstanding at beginning of period			3,300,000			$	0.14				-				-
Granted			4,470,000			$	0.09				3,300,000			$	0.14
Exercised			-				-				-				-
Forfeited			2,750,000			$	0.10				-				-
Expired			-				-				-				-
Outstanding at end of period			5,020,000			$	0.09				3,300,000			$	0.14
Exercisable at end of period			5,020,000			$	0.09				3,300,000			$	0.14

Weighted average grant date fair value						$	0.06							$	0.10
Weighted average remaining contractual term							3.96								4.03

Stock Option Activity

Following is a summary of options outstanding:


		For the Year Ended
		December 31, 2012								December 31, 2011
		Shares				Weighted Avg Exercise Price				Shares				Weighted Avg Exercise Price
Outstanding at beginning of period			-				-				15,000,000			$	3.000
Granted			350,000			$	0.035				-				-
Exercised			-				-				-				-
Forfeited			-				-				-				-
Expired			-				-				15,000,000			$	3.000
Outstanding at end of period			350,000			$	0.035				-				-
Exercisable at end of period			100,000			$	0.035				-				-

Weighted average grant date fair value						$	0.04								-
Weighted average remaining contractual term							4.59								-