Outstanding Warrants

Exercisable Warrants

Exercise

Price

Number

Weighted

Remaining

Contractual

Life in Years

Exercise

Price

Number

Weighted

Average

Exercise

Price

$

0.05

1,000,000

1.20

$

0.05

1,000,000

$

0.05

0.06

16,050,000

2.09

0.06

16,050,000

0.06

0.07

2,500,000

2.20

0.07

2,500,000

0.07

0.08

30,468,477

1.96

0.08

30,468,477

0.08

0.09

225,000

1.31

0.09

225,000

0.09

0.10

125,673,734

2.83

0.10

125,673,734

0.10

0.11

3,704,795

3.73

0.11

3,704,795

0.11

0.12

2,050,000

4.66

0.12

2,050,000

0.12

0.14

2,550,000

3.25

0.14

2,550,000

0.14

0.18

400,000

4.50

0.18

400,000

0.18

184,622,006

2.65

184,622,006

$

0.09