Share Structure

42,182,043 shares issued and outstanding

Options outstanding are as follows:

- 1,000,000 @ $0.10 expiring May 25, 2008
- 1,100,000 @ $0.15 expiring February 24, 2009

Warrants outstanding are as follows:

- 4,200,000 @ $0.20 expiring December 31, 2005
- 2,000,000 @ $0.10 expiring November 14, 2007