Pro Forma Warrant Information (September 30, 2008)

Shares Series "A"
($1)
Series "B"
($3)
Series "C"
($5)
Series "D"
($7)
394,434 2,850,575 8,237,330 1,968,560 15,315,241
Cash & Investment Receivable
$487,260 $2,850,575 $24,711,990 $9,842,800 $107,206,687
Cumulative Cash & IR
$487,260 $3,337,835 $28,049,825 $37,892,625 $145,099,312
Cumulative Shares
394,434 3,245,009 11,482,539 13,451,099 28,766,340
Cash & IR Per Share
$1.24 $1.03 $2.44 $2.82 $5.04
Actual Pro Forma Pro Forma Pro Forma Pro Forma

The above table calculates the simple sum of current cash & investment receivable, plus cash from some future exercise of warrants, to portray the pro forma cumulative cash investment per share if all cash raised were invested, at each warrant level. Projected future profits are given zero weight and not included in the above pro forma numbers.