Annual report pursuant to Section 13 and 15(d)

EQUITY TRANSACTIONS (Tables)

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EQUITY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2013
Equity Transactions Tables  
Schedule of warrant activity for the year

A summary of warrant activity for the years ended December 31, 2013 and December 31, 2012 is presented as follows:

 

    Number of     Exercise  
    Warrants     Price  
                 
Warrants Outstanding at January 1, 2012     2,917,000       $0.50 to $1.50  
Issued        3,562,500       $0.40 to $0.50  
Exercised            
Forfeited/expired/canceled     (140,000 )      
                 
Warrants Outstanding at January 1, 2013     6,339,500       $0.40 to $1.50  
Issued     3,976,750       $.50 to $1.00  
Exercised            
Forfeited/expired/canceled     (605,000 )     $.50 to $1.50  
                 
Warrants Outstanding at December 31, 2013     9,711,250       $.50 to $1.00