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Warrants
12 Months Ended
Dec. 31, 2012
Warrants [Abstract]  
Warrants

Note 10: Warrants

 

The following table describes all of the common stock purchase warrants outstanding at December 31, 2012. All of the warrants have a cashless exercise provision and a five-year life from the date of issuance.

 

Outstanding Common Stock Purchase Warrants  
      Issuance       Expiry     Exercise     Warrant  
      Date       Date     Price     Shares  
Series B Convertible Preferred Holders     05/18/09 to 12/22/09       05/18/14 to 12/22/14     $ 0.3000       12,457,500  
Agent Warrants - 2009     10/31/09       10/31/14     $ 0.3500       2,500,000  
Series C Convertible Preferred Holders     04/27/10 to 06/11/10       04/27/15 to 06/11/15     $ 0.3000       7,883,078  
Agent Warrants - 2010     6/11/10       6/11/15     $ 0.3500       1,576,616  
Agent Initial Engagement Warrants     8/4/11       8/4/16     $ 0.0800       1,485,838  
Convertible Debenture Holders     01/27/12 to 03/30/12       01/27/17 to 03/30/17     $ 0.0745       20,510,701  
Agent Warrants - 2012     3/30/12       3/30/17     $ 0.0745       6,066,870  
Convertible Debenture Holders     08/28/12 to 12/31/12       08/28/17 to 12/31/17     $ 0.1287       5,066,453  
Agent Warrants - 2012     12/31/12       12/31/17     $ 0.1287       1,519,936  
                                 
Warrants outstanding at December 31, 2012                             59,066,992