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WARRANTS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2014
Dec. 31, 2013
WARRANTS    
Summary of the Company's outstanding warrants

 

 

 

 

Number of
Warrants

 

Wtd Avg.
Exercise Price

 

Wtd Avg.
Remaining
Term

 

Intrinsic
Value

 

Outstanding at December 31, 2013

 

18,770,591

 

$

0.35

 

4.64

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

2,014,308

 

0.40

 

4.16

 

 

Less Exercised

 

1,300,000

 

0.01

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at March 31, 2014

 

19,484,899

 

$

0.38

 

4.32

 

$

1,918,848

 

 

 

 

 

 

 

 

 

Wtd Avg.

 

 

 

 

 

Number of
Shares

 

Wtd Avg.
Exercise Price

 

Remaining
Term

 

Intrinsic
Value

 

None outstanding at December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

18,770,591

 

0.35

 

4.62

 

$

416,000

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2013

 

18,770,591

 

0.35

 

4.62