General form of registration statement for all companies including face-amount certificate companies

6. COMMON STOCK AND WARRANTS (Tables)

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6. COMMON STOCK AND WARRANTS (Tables)
12 Months Ended
Dec. 31, 2012
Common Stock And Warrants  
Warrant activity

 

Warrant Summary – The following table summarizes warrant activity for the years ended December 31, 2012 and 2011 (number of shares in thousands):

 

    Number of
Shares
    Price per
Share
  Weighted
Average
Exercise Price
 
Balance at December 31, 2010     258     $1.80 – $745.50   $ 183.00  
Warrants issued     330     $22.50   $ 22.50  
Warrants exercised     (162 )   $6.75   $ 6.75  
Balance at December 31, 2011     426     $1.80 – $745.50   $ 117.60  
Warrants issued     4,633     $6.45 –  $8.85   $ 2.85  
Warrants exercised     (20 )   $1.80 –  $7.95   $ 7.80  
Balance at December 31, 2012     5,039     $1.80 – $745.50   $ 17.10