벎떨APP눈첵 Group, Inc. Quarterly report pursuant to sections 13 or 15(d)

Quarterly report pursuant to sections 13 or 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

9 Months Ended

Jan. 31, 2014

A summary of the Company's warrant activity during the nine months ended January 31, 2014 is presented below:


				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Warrants	Shares			Price		Term		Value
Balance Outstanding, April 30, 2013		9,090,292		$	0.40
Issued		14,378,183			0.29
Exercised		(4,231,840	)		0.19
Forfeited		(40,000	)		0.50
Expired		-			-
Balance Outstanding, January 31, 2014		19,196,635		$	0.33		4.5	$	1,003,192

Exercisable, January 31, 2014		19,196,635		$	0.33		4.5	$	1,003,192

Stock Incentive Plan To Employees And Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Assumptions Used In Valuing Stock Options

The following table summarizes the assumptions the Company utilized to record compensation expense for stock options granted to employees during the three months ended January 31, 2014:


		January 31,
Assumptions		2014
Expected life (years)		3.75
Expected volatility		45.0%
Weighted-average volatility		45.0%
Risk-free interest rate		0.38%
Dividend yield		0.00%

Schedule of Stock Option Activity

A summary of the Company's stock option activity for employees and directors during the nine months ended January 31, 2014 is presented below:


						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Options	Shares			Price		Term		Value
Balance Outstanding, April 30, 2013		7,344,381		$	0.35
Issued		2,463,711		$	0.35
Exercised		-
Forfeited		(495,006	)	$	0.34
Expired		-
Balance Outstanding, January 31, 2014		9,313,086		$	0.34		4.1	$	-

Exercisable, January 31, 2014		2,005,885		$	0.35		3.8	$	-

Stock Incentive Plan To Non Employees [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Assumptions Used In Valuing Stock Options

The following table summarizes the assumptions the Company utilized to record compensation expense for stock options granted to non-employees during the three months ended January 31, 2014:


		January 31,
Assumptions		2014
Expected life (years)		NA
Expected volatility		NA
Weighted-average volatility		NA
Risk-free interest rate		NA
Dividend yield		NA

Schedule of Stock Option Activity

A summary of the Company's stock option activity for non-employees during the nine months ended January 31, 2014 is presented below:

Weighted

Average

Remaining

Aggregate

Number of

Exercise

Contractual

Intrinsic

Options

Shares

Price

Term

Value

Balance Outstanding, April 30, 2013

270,000

0.35

Granted

Exercised

Forfeited

Expired

Balance Outstanding, January 31, 2014

270,000

0.35

3.7

Exercisable, January 31, 2014

58,333

N/A

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details