EQUITY (Tables)

3 Months Ended

Mar. 31, 2014

Equity Tables

Summary of common stock activity

	Common Stock
Shares outstanding at December 31, 2013		87,548,613
Shares issued pursuant to options exercised for cash		33,920
Shares issued pursuant to warrants exercised for cash		3,090,000
Shares outstanding at March 31, 2014		90,672,533

Summary of warrant activity

	Warrants			Weighted- Average Exercise  Price
Balance at December 31, 2013		6,598,416		$	0.52
Granted		277,778		$	2.10
Expired / Canceled		(50,000	)	$	1.08
Exercised		(3,090,000	)	$	0.50
Balance at March 31, 2014		3,736,194		$	0.81

Summary of stock option plans activity

	Options			Weighted- Average Exercise Price
Balance at December 31, 2013		3,783,411		$	0.94
Granted		-		$	-
Expired/Cancelled		(6,250	)	$	0.92
Exercised		(33,920	)	$	0.71
Balance at March 31, 2014		3,743,241		$	0.95