Title of Securities to be Registere
Post# of 63696
Title of Securities to be Registered | Amount to be Registered (1) | Proposed Maximum Offering Price per Share (2) | Proposed Maximum Aggregate Offering Price (1) | Amount of Registration Fee | ||||
Common Stock, $0.0001 par value per share | 1,354,798 shares (3) | $0.0598 | $81,017 | $11.05 | ||||
Common Stock, $0.0001 par value per share | 506,300,087 shares (4) | $0.0598 | $30,276,745 | $4,129.75 | ||||
Common Stock, $0.0001 par value per share | 29,268,390 shares (5) | $0.0598 | $1,750,250 | $238.73 | ||||
Common Stock, $0.0001 par value per share | 67,037,105 shares (6) | $0.0598 | $4,008,819 | $546.80 | ||||
Common Stock, $0.0001 par value per share | 1,050,000 shares (7) | $0.0598 | $62,790 | $8.57 | ||||
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(1) | Pursuant to Rule 416(a) of the Securities Act of 1933, this registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or similar transaction under the anti-dilution provisions of the standalone inducement awards or the registrant’s 2010 Equity Incentive Plan, as amended (the “ 2010 Plan ”) or the forms of awards granted thereunder. |
(2) | Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and (h) of the Securities Act of 1933, and based on the average of the high and low sale prices of the registrant’s Common Stock, as quoted on the Over the Counter Bulletin Board on November 9, 2012. |
(3) | Represents shares of Common Stock reserved for issuance pursuant to options available for grant (but not yet granted) under the 2010 Plan less shares previously registered on form S-8 under the 2010 Plan. |
(4) | Represents shares of Common Stock reserved for issuance upon the exercise of 506,300,087 inducement options granted on April 10, 2012 to George F. Tidmarsh, M.D., Ph.D. given in connection with his employment. |
(5) | Represents shares of Common Stock reserved for issuance (i) upon the exercise of 18,907,498 inducement options and (ii) pursuant to an inducement restricted stock unit award for 10,360,892 shares of Common Stock, in each case granted on April 10, 2012 to Saiid Zarrabian given in connection with his services as a director. |
(6) | Represents shares of Common Stock reserved for issuance (i) upon the exercise of 67,022,886 inducement options and (ii) pursuant to an inducement restricted stock unit award for 14,219 shares of Common Stock, in each case granted on April 10, 2012 to James Rolke given in connection with his employment. |
(7) | Represents shares of Common Stock reserved for issuance pursuant to an inducement restricted stock unit award for 1,050,000 shares of Common Stock, granted on August 17, 2012 to Chester S. Zygmont, III given in connection with his services as a consultant. |