Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Warrants (Tables)

v2.4.0.8
Stock Options and Warrants (Tables)
3 Months Ended
Aug. 31, 2014
Stock Option and Warrant Activity

The following table represents stock option and warrant activity as of and for the three months ended August 31, 2014:

 

     Number of
Shares
    Weighted
Average
Exercise Price
     Weighted
Average
Remaining
Contractual
Life in Years
     Aggregate
Intrinsic Value
 

Options and warrants outstanding – May 31, 2014

     30,806,361      $ 1.13         3.29       $ 177,042   
  

 

 

   

 

 

    

 

 

    

 

 

 

Granted

     300,000        0.66         —           —     

Exercised

     —          —           —           —     

Forfeited/expired/cancelled

     (170,000     1.27         —           —     

Options and warrants outstanding – August 31, 2014

     30,936,361        1.13         3.06         2,238,219   
  

 

 

   

 

 

    

 

 

    

 

 

 

Outstanding exercisable – August 31, 2014

     29,519,694      $ 1.14         3.02       $ 2,091,969