Magnolia Solar Corp | 2013 | FY | 3


 
Balance – December 31, 2008                         
   -        
Issued – in the 26.6 units
    2,660,000     $ 0.10  
Issued – to Placement Agent
    725,300     $ 0.10  
Balance – December 31, 2009
    3,385,300     $ 0.10  
Balance – December 31, 2010
    3,385,300     $ 0.10  
Issued – for public relations
    400,000     $ 0.50  
Balance – December 31, 2011
    3,785,300     $ 0.14  
Balance – December 31, 2012
    3,785,300     $ 0.14  
Balance – December 31, 2013
    3,785,300     $ 0.14  

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