STOCKQUOTE

SHARE CAPITAL

Issued and Outstanding	16,388,924
Convertible Preferred	*28,388,924
45,246,255

*Convertible to either a common share at an effective price of $0.50 plus a warrant exercisable at $0.80 to February, 2013 or to an interest bearing debenture bearing interest at prime plus 2%. Up to 28 million common shares and 28 million warrants may be issued upon the exchange. Convertible preferred shares are held by a combination of funds, insiders and third parties who participated in the recapitalization.