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11. SUBSEQUENT EVENTS
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Sep. 30, 2014
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| Subsequent Events [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
| 11.SUBSEQUENT EVENTS |
Warrant Exercises – From October 1, 2014 through November 11, 2014, certain holders exercised warrants in cash for an aggregate of 155,000 shares of the Company’s common stock for aggregate cash payments to the Company of $944,000.
A summary as of November 11, 2014 of outstanding warrants, which the Company recorded at fair value, with a weighted-average exercise price of $8.00, is as follows:
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