Capital Structure

Share Capital as of December 31, 2011.

  Exercise Price  
Shares Outstanding   479,933,610
Options
$0.10 - $0.125 14,100,000
Warrants @ $0.20 expiring Jan 8/13 1,400,000
Fully Diluted   495,433,610
Potential Funds from Dilution   $1,762,500