Authorized:

Unlimited

Undiluted Shares Outstanding:

171,196,700

Closing price July 21, 2008

$0.12

Market Capitalization:

$20,543,600

Warrants:

114,074,916

Stock Options:

11,761,000

Fully Diluted:

297,032,616

Proceeds on exercise of all Warrants and Options

$67,496,069

Average share price of dilution

$0.54