 |

| 
| 


SHARE STRUCTURE
As of December 2011
| Issued and Outstanding: | 45,812,090 |
| Stock Options: | 3,245,000 |
Warrants @ $0.55 (expire April 29, 2012) | 3,040,105 |
Warrants @ $0.30 (expire May 24, 2012) | 3,816,437 |
Warrants @ $0.25 (expire May 24, 2012) | 592,000 |
Warrants @ $0.50 (expire October 29, 2012) | 480,240 |
| Fully Diluted: | 56,985,872 |
| Cash: | $1.4 million |
| Fully Diluted Cash: | $5.6 million |
|

|  |