Convertible Notes and Warrants (Tables)

3 Months Ended

Mar. 31, 2013

2011 Investor Warrants

Convertible Notes and Warrant Liabilities

Summary of warrants outstanding

	2011 Warrants		Exercise Price
Beginning balance — December 31, 2012	40,000,000		$	0.15
Less: Canceled	(40,000,000	)	0.15
Add: Issued	65,263,156		0.098
Less: Exercised	(8,749,999	)	0.098
Ending Balance — March 31, 2013	56,513,157		$	0.098

$0.15 Warrants

Convertible Notes and Warrant Liabilities

Summary of warrants outstanding

$0.15 Warrants	Warrants		Exercise Price
Beginning balance at December 31, 2012	10,000,000		$	0.15
Less: Canceled	(10,000,000	)	0.15
Add: Issued	16,315,790		0.098
Less: Exercised	—		—
Ending balance at March 31, 2013	16,315,790		$	0.098

$0.25 Warrants

Convertible Notes and Warrant Liabilities

Summary of warrants outstanding

$0.25 Warrants	Warrants		Exercise Price
Beginning balance at December 31, 2012	10,000,000		$	0.25
Less: Canceled	(10,000,000	)	0.25
Less: Exercised	—		—
Ending balance at March 31, 2013	—		$	—

T

Third Tranche Warrants

Convertible Notes and Warrant Liabilities

Summary of warrants outstanding

Third Tranche Warrants	Warrants		Exercise Price
Beginning balance at January 16, 2013	2,500,000		$	0.15
Less: Canceled warrants	(2,500,000	)	0.15
Ending balance at March 31, 2013	—		$	—