The table below summarizes the Companys warrants activities:
|
| Number of Warrant Shares |
| Exercise Price Range Per Share |
| Weighted Average Exercise Price |
| Fair Value at Date of Issuance |
| Aggregate Intrinsic Value |
| ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||||||
Balance, March 31, 2012 |
|
| - |
|
|
| $ | - |
|
|
| $ | - |
|
| $ | - |
|
|
| $ | - |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Granted |
|
| 1,200,000 |
|
|
|
| 0.75 |
|
|
|
| 0.75 |
|
|
| 124,800 |
|
|
|
| - |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Canceled |
|
| - |
|
|
|
| - |
|
|
|
| - |
|
|
| - |
|
|
|
| - |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Exercised |
|
| - |
|
|
|
| - |
|
|
|
| - |
|
|
| - |
|
|
|
| - |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Expired |
|
| - |
|
|
|
| - |
|
|
|
| - |
|
|
| - |
|
|
|
| - |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Balance, March 31, 2013 |
|
| 1,200,000 |
|
|
|
| 0.75 |
|
|
|
| 0.75 |
|
|
| 124,800 |
|
|
| $ | - |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Earned and exercisable, March 31, 2013 |
|
| 1,200,000 |
|
|
|
| 0.75 |
|
|
|
| 0.75 |
|
|
| 124,800 |
|
|
| $ | - |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Unvested, March 31, 2013 |
|
| - |
|
|
| $ | - |
|
|
| $ | - |
|
| $ | - |
|
|
| $ | - |
|
|