 | 


| | July 07, 2009
|
| |
| Common Shares Issued |
|
|
45,825,470 |
| Warrants |
|
|
32,666 |
| Includes Agt’s wts @ $0.20 to Jun 22, 2010 |
32,666 |
|
|
| Stock Options |
|
|
|
| Stock Option Plan: |
|
|
|
| Includes options @ $0.75 to Oct 11/11 |
1,950,000 |
|
|
| Includes options @ $0.92 to May 1/12 |
150,000 |
|
|
| Includes options @ $0.50 to Feb 8/13 |
200,000 |
|
|
| Includes options @ $0.15 to Sep 19/13 |
1,800,000 |
4,100,000 |
|
| Arrangement Options: |
|
|
|
| Includes options @ $0.944 to Aug 8/09 |
90,830 |
|
|
| Includes options @ $0.858 to Oct 18/09 |
50,000 |
|
|
| Includes options @ $0.858 to Jan 27/10 |
8,333 |
|
|
| Includes options @ $0.987 to Mar 22/10 |
41,250 |
|
|
| Includes options @ $0.729 to May 18/10 |
74,999 |
|
|
| Includes options @ $0.848 to April 12/11 |
251,328 |
|
|
| Includes options @ $1.02 to Jul 13/11 |
22,500 |
539,240 |
4,639,240 |
| FULLY DILUTED CAPITALIZATION |
|
|
50,497,376 |
|
| |
|  |