Outstanding Warrants

Exercisable Warrants

Average

Weighted

Weighted

Remaining

Average

Range of

Number

Contractual Life in Years

Exercise Price

Number

Exercise Price

$

0.05

1,250,000

2.70

$

0.05

1,250,000

$

0.05

0.06

16,050,000

3.59

0.06

16,050,000

0.06

0.07

3,000,000

3.70

0.07

3,000,000

0.07

0.08

34,612,227

2.99

0.08

34,612,227

0.08

0.09

775,000

2.53

0.09

775,000

0.09

0.10

126,747,505

4.13

0.10

126,277,642

0.10

0.11

2,550,000

4.42

0.11

2,550,000

0.11

0.12

100,000

3.12

0.12

100,000

0.12

0.13

3,007,557

5.00

0.13

3,007,557

0.13

0.14

2,600,000

4.67

0.14

2,600,000

0.14

0.15

1,356,667

0.70

0.15

1,356,667

0.15

0.17

50,000

0.25

0.17

50,000

0.17

0.19

50,000

0.37

0.19

50,000

0.19

192,148,956

4.34

191,679,093

$

0.09