Annual report pursuant to Section 13 and 15(d)

Summary of the status of warrants December 31, 2012 presented below (Details)

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Summary of the status of warrants December 31, 2012 presented below (Details)
Number of Warrants
Weighted Average Exercise Price
Outstanding, beginning of year at Dec. 31, 2011 20,413,430 0.19
Issued 1,425,112 0.12
Exercised (583,333) 0.15
Expired (4,890,000) 0.23
Outstanding, end of period at Dec. 31, 2012 16,365,209 0.17