| Summary of stock option activity |
|
|
|
Option Shares
Outstanding |
|
Weighted-Average
Exercise Price |
|
Aggregate Intrinsic
Value ($000’s) |
|
|
Balance at July 31, 2012 |
|
3,175,000 |
|
$ |
0.24 |
|
$ |
24 |
|
|
Granted |
|
2,200,000 |
|
0.21 |
|
165 |
|
|
Exercised |
|
(750,000 |
) |
0.18 |
|
50 |
|
|
Forfeited / Cancelled |
|
(273,500 |
) |
0.33 |
|
— |
|
|
Balance at April 30, 2013 |
|
4,351,500 |
|
$ |
0.23 |
|
$ |
275 |
| |
|
|
|
Option Shares
Outstanding |
|
Weighted-Average
Exercise Price |
|
Aggregate Intrinsic
Value ($000’s) |
|
|
Balance at July 31, 2011 |
|
— |
|
— |
|
$ |
— |
|
|
Granted |
|
3,260,000 |
|
$ |
0.24 |
|
|
|
|
Exercised |
|
— |
|
— |
|
|
|
|
Forfeited / Cancelled |
|
(85,000 |
) |
0.40 |
|
— |
|
|
Balance at July 31, 2012 |
|
3,175,000 |
|
$ |
0.24 |
|
$ |
24 |
|
|
| Schedule of stock options activity by range of exercise prices |
|
Range of Exercise Prices |
|
Number of
Shares
Outstanding |
|
Weighted
Average
Contractual Life
(in years) |
|
Weighted
Average
Exercise Price |
|
Number
Of Shares
Exercisable |
|
Weighted
Average
Remaining
Contractual
Life (in years) |
|
Weighted Average
Exercise Price |
|
|
$ |
0.18 - 0.42 |
|
4,351,500 |
|
6.94 |
|
$ |
0.23 |
|
3,060,699 |
|
5.85 |
|
$ |
0.22 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Range of Exercise Prices |
|
Number of
Shares
Outstanding |
|
Weighted
Average
Contractual Life
(in years) |
|
Weighted
Average
Exercise Price |
|
Number
Of Shares
Exercisable |
|
Weighted
Average
Remaining
Contractual
Life (in years) |
|
Weighted Average
Exercise Price |
|
|
$ |
0.18 - 0.40 |
|
3,175,000 |
|
7.53 |
|
0.24 |
|
1,962,500 |
|
6.24 |
|
$ |
0.23 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|