Annual report pursuant to Section 13 and 15(d)

NOTE 15 - COMMON STOCK PURCHASE WARRANTS (Tables)

v3.7.0.1
NOTE 15 - COMMON STOCK PURCHASE WARRANTS (Tables)
12 Months Ended
Dec. 31, 2016
Other Liabilities Disclosure [Abstract]  
Warrants

The following is a summary of activity for warrants to purchase common stock for the year ended December 31, 2016:


 

 

December 31, 2016

 

 

 

Number of Warrants

 

 

Weighted

Avg.

Exercise

Price

 

 

Remaining Contractual Life (Years)

 

Outstanding at the beginning of the year

 

 

609,340

 

 

$

.54

 

 

 

4.5

 

Warrants expired, forfeited or cancelled

 

 

(307,250

)

 

 

.41

 

 

 

 

 

Warrants issued with debt, debt modifications or services

 

 

7,359,893

 

 

 

.23

 

 

 

4.6

 

Warrants exchanged for common stock

 

 

(5,250

)

 

 

6.67

 

 

 

 

 

Outstanding at end of period

 

 

7,656,733

 

 

 

.24

 

 

 

4.6

 

Exercisable at end of period

 

 

7,656,733

 

 

$

.24

 

 

 

4.6