CTI INDUSTRIES CORP | 2013 | FY |

The following is a summary of the activity of the Company’s warrants for the years ended December 2013 and 2012:

 

		December 31, 2013					December 31, 2012
				Weighted Avg.					Weighted Avg.
		Shares		Exercise Price			Shares		Exercise Price
Outstanding and exercisable, beginning of period		-		$	-		-		$	-
Granted		140,048			0.01		140,048			0.01
Exercised		-			-		-			-
Cancelled		-			-		-			-
Outstanding and exercisable at the end of period		140,048		$	0.01		140,048		$	0.01