| Note 14. WARRANTS |
The Company has the following
shares of common stock reserved for exercise of the warrants outstanding as of September 30, 2016:
| |
|
September 30, 2016 |
|
| |
|
Shares |
|
|
Weighted
Average
Exercise
Price
|
|
| |
|
|
|
|
|
|
| Warrants outstanding beginning of year |
|
|
32,426,008 |
|
|
$ |
0.18 |
|
| Warrants exercised |
|
|
(26,251,785 |
) |
|
|
0.17 |
|
| Warrants granted |
|
|
10,395,675 |
|
|
|
0.22 |
|
| Warrants expired |
|
|
(523.333 |
) |
|
|
(0.45 |
) |
| |
|
|
|
|
|
|
|
|
| Warrants outstanding end of period |
|
|
16,046,565 |
|
|
$ |
0.18 |
|
The following table summarizes
information about fixed-price warrants outstanding:
| Range of |
|
|
Number
Outstanding at
|
|
|
Average
Remaining
|
|
Weighted |
|
| Exercise |
|
|
September 30, |
|
|
Contractual |
|
Average |
|
| Prices |
|
|
2016 |
|
|
Life |
|
Exercise Price |
|
| |
|
|
|
|
|
|
|
|
|
| $ |
0.33 |
|
|
|
439,637 |
|
|
4 Months |
|
$ |
0.33 |
|
| $ |
0.16 |
|
|
|
750,000 |
|
|
6 Months |
|
$ |
0.16 |
|
| $ |
0.14 |
|
|
|
1,578,947 |
|
|
21 Months |
|
$ |
0.14 |
|
| $ |
0.21 |
|
|
|
400,644 |
|
|
21 Months |
|
$ |
0.21 |
|
| $ |
0.14 |
|
|
|
1,846,300 |
|
|
22 Months |
|
$ |
0.14 |
|
| $ |
0.06 |
|
|
|
4,567,002 |
|
|
24 Months |
|
$ |
0.06 |
|
| $ |
0.16 |
|
|
|
1,118,068 |
|
|
29 Months |
|
$ |
0.16 |
|
| $ |
0.13 |
|
|
|
863,392 |
|
|
30 Months |
|
$ |
0.13 |
|
| $ |
0.12 |
|
|
|
928,984 |
|
|
32 Months |
|
$ |
0.12 |
|
| $ |
0.35 |
|
|
|
1,625,000 |
|
|
45 Months |
|
$ |
0.35 |
|
| $ |
0.35 |
|
|
|
535,714 |
|
|
47 Months |
|
$ |
0.35 |
|
| $ |
0.44 |
|
|
|
1,214,286 |
|
|
47 Months |
|
$ |
0.44 |
|
| $ |
0.37 |
|
|
|
178,571 |
|
|
48 Months |
|
$ |
0.37 |
|
| |
|
|
|
|
16,046,545 |
|
|
|
|
|
|
|
|