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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">2022 through 2034</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<div class="CursorPointer">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;">    June 30,     </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> December 31,</font></strong></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><br/></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> 2015 </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> 2014</font></strong></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;" colspan="2"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px;" colspan="2"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 78%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Finished goods </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>46,845</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>88,362</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Raw materials </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>200,654</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>237,556</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Work-In-Process </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>10,169</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>41,449</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>257,668</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>367,367</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
</table>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="border-collapse: collapse; margin-left: 0pt; width: 100%;" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><br/></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Years </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; font-family: 'Times New Roman'; width: 89%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Computers and office equipment </font></p>
</td>
<td style="vertical-align: top; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman'; width: 9%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font> - <font>7</font> </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>5</font> </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Manufacturing tooling </font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font> - <font>7</font> </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">Demo Equipment</font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font></font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<div class="CursorPointer">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>    June 30,    <br/></strong></font><font style="font-family: 'Times New Roman';"><strong>2015</strong></font></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>December 31,<br/></strong></font><font style="font-family: 'Times New Roman';"><strong>2014</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><br/></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 78%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Computers and office equipment  </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>122,889</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>123,708</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Leasehold improvements</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>23,874</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>23,874</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Manufacturing tooling</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>97,288</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>97,288</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Demo Equipment</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13,706</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>30,576</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 10px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>257,757</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>275,446</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Less: Accumulated depreciation</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>110,514</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>78,967</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 10px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total Fixed Assets, Net</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>147,243</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>196,479</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Accounting Policies and Estimates</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Presentation of Taxes Collected from Customers</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Sales taxes are imposed on the Company's sales to nonexempt customers. The Company collects the taxes from customers and remits the entire amounts to the governmental authorities. The Company's accounting policy is to exclude the taxes collected and remitted from revenues and expenses.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Shipping and Handling</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Shipping and handling charges billed to customers are recorded as revenue. Shipping and handling costs are recorded within cost of goods sold on the statement of operations.</font></p>
</div>
December 31,2022
15823
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Recent Accounting Developments</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Revenue from Contracts with Customers </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">and created a new topic in the FASB Accounting Standards Codification ("ASC"), Topic 606. The new standard provides a single comprehensive revenue recognition framework for all entities and supersedes nearly all existing U.S. GAAP revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that an entity should recognize revenue in a manner that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard is designed to create greater comparability for financial statement users across industries and also requires enhanced disclosures. The amendments are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is not permitted. We are currently evaluating the impact this guidance may have on our financial statements and related disclosures.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In June 2014, the FASB issued ASU 2014-10, </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Development Stage Entities </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Topic 915): Elimination of Certain Financial Reporting </font><font style="font-size: 10pt;">Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company evaluated and adopted ASU 2014-10 during the year 2014.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In June 2014, the FASB issued ASU 2014-12, </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">"Compensation - Stock Compensation" </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">providing explicit guidance on how to account for share-based payments granted to employees in which the terms of the award provide that a performance target that affects vesting could be achieved after the requisite service period. The amendments in this Update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted. We are currently evaluating the impact this guidance may have on our financial statements.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">We reviewed all other significant newly issued accounting pronouncements and determined they are either not applicable to our business or that no material effect is expected on our financial position and results of our operations.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Valuation of Intangible Assets</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">We review identifiable intangible assets for impairment in accordance with ASC 350 — Intangibles —Goodwill and Other, whenever events or changes in circumstances indicate the carrying amount may not be recoverable. Our intangible assets are currently solely the costs of obtaining trademarks and patents. Events or changes in circumstances that indicate the carrying amount may not be recoverable include, but are not limited to, a significant change in the medical device marketplace and a significant adverse change in the business climate in which we operate. If such events or changes in circumstances are present, the undiscounted cash flows method is used to determine whether the intangible asset is impaired. Cash flows would include the estimated terminal value of the asset and exclude any interest charges. If the carrying value of the asset exceeds the undiscounted cash flows over the estimated remaining life of the asset, the asset is considered impaired, and the impairment is measured by reducing the carrying value of the asset to its fair value using the discounted cash flows method. The discount rate utilized is based on management's best estimate of the related risks and return at the time the impairment assessment is made.</font></p>
</div>
34256
18500
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Advertising</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Advertising costs are expensed as incurred. Advertising expenses were </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">$<font>500</font> and $<font>1,417</font> in the three and six months ended June 30, 2015 and were </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">$<font>1,250</font> and $<font>7,793</font> in the three and six months ended <font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">June </font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">30, 2014</font>.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; /* background-color: #fffff0;">Research and Development</strong><br/><br/>Research and development costs are charged to operations as incurred. Research and development expenses were $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>58,285</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and $<font>120,947</font> in the three and six months ended June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">and </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">were $<font>131,285</font> and $<font>249,636</font> in the three and six months ended June 30, 2014</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Revenue Recognition</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company recognizes revenue in accordance with the SEC's Staff Accounting Bulletin Topic 13 Revenue Recognition and ASC 605-Revenue Recognition.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred, the fee is fixed and determinable and collectability is probable. Delivery is considered to have occurred upon either shipment of the product or arrival at its destination based on the shipping terms of the transaction. The Company's standard terms specify that shipment is FOB Skyline and the Company will, therefore, recognize revenue upon shipment in most cases. This revenue recognition policy applies to shipments of the STREAMWAY FMS units as well as shipments of cleaning solution kits. When these conditions are satisfied, the Company recognizes gross product revenue, which is the price it charges generally to its customers for a particular product. Under the Company's standard terms and conditions, there is no provision for installation or acceptance of the product to take place prior to the obligation of the customer. The customer's right of return is limited only to the Company's standard one-year warranty whereby the Company replaces or repairs, at its option, and it would be rare that the STREAMWAY FMS unit or significant quantities of cleaning solution kits may be returned. Additionally, since the Company buys both the STREAMWAY FMS units and cleaning solution kits from “turnkey” suppliers, the Company would have the right to replacements from the suppliers if this situation should occur.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Receivables</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Receivables are reported at the amount the Company expects to collect on balances outstanding. The Company provides for probable uncollectible amounts through charges to earnings and credits to the valuation based on management's assessment of the current status of individual accounts, changes to the valuation allowance have not been material to the financial statements.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Inventories</strong></font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong> </strong></font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Inventories are stated at the lower of cost or market, with cost determined on a first-in, first-out basis. Inventory balances are as</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">follows:</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<div style="display: block;">
<div class="CursorPointer">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
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<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;">    June 30,     </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> December 31,</font></strong></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><br/></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> 2015 </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> 2014</font></strong></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;" colspan="2"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px;" colspan="2"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 78%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Finished goods </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>46,845</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>88,362</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Raw materials </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>200,654</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>237,556</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Work-In-Process </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>10,169</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>41,449</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>257,668</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>367,367</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
</table>
</div>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Property and Equipment</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives of the respective assets. Estimated useful asset life by classification is as follows:</font></p>
<div>
<table style="border-collapse: collapse; margin-left: 0pt; width: 100%;" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><br/></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Years </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; font-family: 'Times New Roman'; width: 89%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Computers and office equipment </font></p>
</td>
<td style="vertical-align: top; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman'; width: 9%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font> - <font>7</font> </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>5</font> </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Manufacturing tooling </font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font> - <font>7</font> </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">Demo Equipment</font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font></font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
</table>
</div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company's investment in Fixed Assets consists of the following:</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<div style="display: block;">
<div class="CursorPointer">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>    June 30,    <br/></strong></font><font style="font-family: 'Times New Roman';"><strong>2015</strong></font></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>December 31,<br/></strong></font><font style="font-family: 'Times New Roman';"><strong>2014</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><br/></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 78%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Computers and office equipment  </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>122,889</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>123,708</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Leasehold improvements</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>23,874</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>23,874</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Manufacturing tooling</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>97,288</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>97,288</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Demo Equipment</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13,706</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>30,576</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 10px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>257,757</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>275,446</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Less: Accumulated depreciation</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>110,514</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>78,967</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 10px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total Fixed Assets, Net</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>147,243</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>196,479</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
</div>
</div>
</div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Upon retirement or sale, the cost and related accumulated depreciation are removed from the balance sheet and the resulting gain or loss is reflected in operations. Maintenance and repairs are charged to operations as incurred.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Intangible Assets</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Intangible assets consist of trademarks and patent costs. Amortization expense was $<font>1,444</font> and $<font>2,888</font> in the three and six months ended June 30, 2015, and was $<font>0</font> in the three and six months ended June 30, 2014.The assets are reviewed for impairment annually, and impairment losses, if any, are charged to operations when identified.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Income Taxes</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company accounts for income taxes in accordance with ASC 740- Income Taxes (“ASC 740”). Under ASC 740, deferred tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and net operating loss and credit carryforwards using enacted tax rates in effect for the year in which the differences are expected to impact taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company reviews income tax positions expected to be taken in income tax returns to determine if there are any income tax uncertainties. The Company recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on technical merits of the positions. The Company has identified no income tax uncertainties.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tax years subsequent to </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2011 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">remain open to examination by federal and state tax authorities.</font></p>
</div>
38000
39000
3600
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Patents and Intellectual Property</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="font-size: 10pt; /* line-height: 108%; */ margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> On January 25</font>th, 2014 the Company filed a non-provisional PCT Application No. PCT/US2014/013081 claiming priority from the U.S. Provisional Patent Application, number 61756763 which was filed one year earlier on January 25th, 2013. The Patent Cooperation Treaty (“PCT”) allows an applicant to file a single patent application to seek patent protection for an invention simultaneously in each of the 148 countries of the PCT, including the United States. By filing this single “international” patent application through the PCT, it is easier and more cost effective than filing separate applications directly with each national or regional patent office in which patent protection is desired.</p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Our PCT patent application is for the new model of the surgical fluid waste management system. We obtained a favorable International Search Report from the PCT searching authority indicating that the claims in our PCT application are patentable (i.e., novel and non-obvious) over the cited prior art. A feature claimed in the PCT application is the ability to maintain continuous suction to the surgical field while measuring, recording and evacuating fluid to the facilities sewer drainage system. This provides for continuous operation of the STREAMWAY System unit in suctioning waste fluids, which means that suction is not interrupted during a surgical operation, for example, to empty a fluid collection container or otherwise dispose of the collected fluid.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company holds the following granted patents in the United States and a pending application in the United States on its earlier models: US7469727, US8123731 and U.S. Publication No. US20090216205 (collectively, the “Patents”). These Patents will begin to expire on August 8, 2023.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE</strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong> </strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>7 – RENT OBLIGATION</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company leases its principal office under a lease that can be cancelled after three years with proper notice per the lease and an amortized schedule of adjustments that will be due to the landlord. The lease extends <font>five</font> years and expires January 2018. In addition to rent, the Company pays real estate taxes and repairs and maintenance on the leased property. Rent expense was $<font>15,823</font> and $<font>34,256</font> for the three and six months ended June 30, 2015 and was $<font>15,447</font> and $<font>33,056</font> for the three and six months ended June 30, 2014 respectively.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company's rent obligation for the next five years is as follows:</font></p><p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 88%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2015 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>18,500</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2016 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>38,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2017 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>39,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2018 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>3,600</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2019 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>-</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 88%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2015 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>18,500</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2016 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>38,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2017 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>39,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2018 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>3,600</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2019 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>-</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
</div>
2018-01-31
P5Y
479910
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Subsequent Events</strong></font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong> </strong></font></p>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">As described in Note 3 below, on July 24, 2015, the Company amended its Certificate of Incorporation, pursuant to which the authorized common stock was increased to <font>100,000,000</font> shares of common stock and the authorized preferred stock was increased to <font>20,000,000</font> shares.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">On February 4, 2014, the Company raised $<font>2,055,000</font> in gross proceeds from a private placement of <font>20,550</font> shares of Series A Convertible Preferred Stock, par value $<font>0.01</font>, with a stated value of $<font>100</font> per share (the “Series A Preferred Shares”) and warrants to purchase shares of the Company's common stock.  </font></font><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;"></font><font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;"></font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;"></font><font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;"></font><font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; /* background-color: #ffffff;"><font>In connection with the Company's proposed offering of <font>1,666,667</font> units (the “Units”), each consisting of one share of the Company's common stock, one share of the Company's Series B Convertible Preferred Stock and four of the Company's Series A Warrants, the holders of a majority of the Series A Preferred Shares have, as of July 20, 2015, agreed to exchange all of the outstanding Series A Preferred Shares for units with the same terms as the Units (the “Exchange Units”) such that for every dollar of stated value of Series A Preferred Shares tendered the holders will receive an equivalent value of Exchange Units based on the public offering price of the Units in this offering (the “Unit Exchange”).  Accordingly, assuming the public offering price for the Units is $<font>9.00</font> per Unit, then all of the Series A Preferred Shares will be exchanged into <font>228,334</font> Exchange Units. The warrants that were issued in connection with the issuance of the Series A Preferred Shares will remain outstanding; however, the warrant amounts will be reduced so that the warrants will be exercisable into an aggregate of <font>84,770</font> shares of the Company's common stock. The Unit Exchange is subject to and will be consummated currently with the consummation of the Company's offering of Units. Each holder of Series A Preferred Shares that has agreed to the terms of the Unit Exchange has entered into the Exchange Agreement with the Company.  Upon effectiveness of the Unit Exchange, the Series A Preferred Shares will be cancelled and resume the status of authorized but unissued shares of preferred stock.</font></font></font></font></font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"></font><br/></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">From July through September 2014, the Company entered into a series of securities purchase agreements pursuant to which the Company issued approximately $<font>1.8</font> million original principal amount of convertible promissory notes (the “2014 Convertible Notes”) and warrants exercisable for shares of the Company's common stock. The original principal amount of the 2014 Convertible Notes was subsequently reduced to approximately $<font>1.6</font> million in accordance with their terms.  In April and May 2015, the Company issued and sold to Magna Equities II, LLC additional Convertible Notes in an aggregate original principal amount of $<font>275,000</font> containing terms substantially similar to the 2014 Convertible Notes (the “2015 Convertible Notes” and, together with the 2014 Convertible Notes, the “Convertible Notes”).  As of June 30, 2015, $<font>927,663</font> aggregate principal amount of Convertible Notes, plus accrued and unpaid interest thereto, has been converted into shares of the Company's common stock and $<font>933,073</font> aggregate principal amount of Convertible Notes remains outstanding. In connection with the Company's proposed offering of Units, the holders of the Convertible Notes have agreed to not exercise their right to convert the Convertible Notes into shares of the Company's common stock, in exchange for the Company's agreement to redeem all of the outstanding Convertible Notes promptly following the consummation of the Company's offering of Units at a redemption price equal to <font>140%</font> of the principal amount, plus accrued and unpaid interest to the redemption date. The Company estimates that the total redemption price to redeem all outstanding Convertible Notes will be approximately $<font>1.4</font> million. Of this amount, approximately $<font>167,031</font> will be paid to its affiliates in redemption of their Convertible Notes.  Each holder of the Convertible Notes that has agreed to the foregoing terms has entered into an Amendment to Senior Convertible Notes and Agreement with the Company</font>.</font></div>
</div>
</div>
</div>
</div>
486564
6654
479910
P2Y6M
0.63
34.50
26.25
0.0137
37.50
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 1 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Nature of Operations and Continuance of Operations</strong></font></p>
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<p style="font-size: 10pt; /* line-height: 108%; */ margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Skyline Medical Inc. (the "Company") was incorporated under the laws of the State of Minnesota in 2002. Effective August 6, 2013, the Company changed its name to Skyline Medical Inc. As of June</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 30, 201</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">5</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, the registrant had </font><font><font style="font-family: 'Times New Roman'; font-size: 10pt;">3,312</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">,863</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> shares of common stock, par value $<font>.01</font> per share, outstanding, Pursuant to an Agreement and Plan of Merger dated effective December 16, 2013, the Company merged with and into a Delaware corporation with the same name that was its wholly-owned subsidiary, with such Delaware Corporation as the surviving corporation of the merger. The Company has developed an environmentally safe system for the collection and disposal of infectious fluids that result from surgical procedures and post-operative care. The Company also makes ongoing sales of our proprietary cleaning fluid and filters to users of our systems. In April 2009, the Company received 510(k) clearance from the FDA to authorize the Company to market and sell its STREAMWAY FMS products.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has suffered recurring losses from operations and has a stockholders' deficit. These factors raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. In July 2015, we filed a registration statement with the SEC in connection with a proposed public offering of a Series B Convertible Preferred Stock and Series A Warrants (the “Units”). We continue to pursue this public offering, with the intention of listing our common stock and the Units on NASDAQ.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Since inception to June</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 30, 201</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">5</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, the Company raised approximately $<font>9,168,000</font> in equity, inclusive of $<font>2,055,000</font> from a private placement of Series </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">A</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Convertible Preferred Stock, and $<font>5,685,000</font> in debt financing. See “Management's Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources.”</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Recent Accounting Developments</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Revenue from Contracts with Customers </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">and created a new topic in the FASB Accounting Standards Codification ("ASC"), Topic 606. The new standard provides a single comprehensive revenue recognition framework for all entities and supersedes nearly all existing U.S. GAAP revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that an entity should recognize revenue in a manner that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard is designed to create greater comparability for financial statement users across industries and also requires enhanced disclosures. The amendments are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is not permitted. We are currently evaluating the impact this guidance may have on our financial statements and related disclosures.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In June 2014, the FASB issued ASU 2014-10, </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Development Stage Entities </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Topic 915): Elimination of Certain Financial Reporting </font><font style="font-size: 10pt;">Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company evaluated and adopted ASU 2014-10 during the year 2014.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In June 2014, the FASB issued ASU 2014-12, </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">"Compensation - Stock Compensation" </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">providing explicit guidance on how to account for share-based payments granted to employees in which the terms of the award provide that a performance target that affects vesting could be achieved after the requisite service period. The amendments in this Update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted. We are currently evaluating the impact this guidance may have on our financial statements.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">We reviewed all other significant newly issued accounting pronouncements and determined they are either not applicable to our business or that no material effect is expected on our financial position and results of our operations.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Valuation of Intangible Assets</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">We review identifiable intangible assets for impairment in accordance with ASC 350 — Intangibles —Goodwill and Other, whenever events or changes in circumstances indicate the carrying amount may not be recoverable. Our intangible assets are currently solely the costs of obtaining trademarks and patents. Events or changes in circumstances that indicate the carrying amount may not be recoverable include, but are not limited to, a significant change in the medical device marketplace and a significant adverse change in the business climate in which we operate. If such events or changes in circumstances are present, the undiscounted cash flows method is used to determine whether the intangible asset is impaired. Cash flows would include the estimated terminal value of the asset and exclude any interest charges. If the carrying value of the asset exceeds the undiscounted cash flows over the estimated remaining life of the asset, the asset is considered impaired, and the impairment is measured by reducing the carrying value of the asset to its fair value using the discounted cash flows method. The discount rate utilized is based on management's best estimate of the related risks and return at the time the impairment assessment is made.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Accounting Policies and Estimates</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Presentation of Taxes Collected from Customers</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Sales taxes are imposed on the Company's sales to nonexempt customers. The Company collects the taxes from customers and remits the entire amounts to the governmental authorities. The Company's accounting policy is to exclude the taxes collected and remitted from revenues and expenses.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Shipping and Handling</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Shipping and handling charges billed to customers are recorded as revenue. Shipping and handling costs are recorded within cost of goods sold on the statement of operations.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Advertising</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Advertising costs are expensed as incurred. Advertising expenses were </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">$<font>500</font> and $<font>1,417</font> in the three and six months ended June 30, 2015 and were </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">$<font>1,250</font> and $<font>7,793</font> in the three and six months ended <font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">June </font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">30, 2014</font>.</font></p>
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<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font> </p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; /* background-color: #fffff0;">Research and Development</strong><br/><br/>Research and development costs are charged to operations as incurred. Research and development expenses were $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>58,285</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and $<font>120,947</font> in the three and six months ended June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">and </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">were $<font>131,285</font> and $<font>249,636</font> in the three and six months ended June 30, 2014</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Revenue Recognition</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company recognizes revenue in accordance with the SEC's Staff Accounting Bulletin Topic 13 Revenue Recognition and ASC 605-Revenue Recognition.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred, the fee is fixed and determinable and collectability is probable. Delivery is considered to have occurred upon either shipment of the product or arrival at its destination based on the shipping terms of the transaction. The Company's standard terms specify that shipment is FOB Skyline and the Company will, therefore, recognize revenue upon shipment in most cases. This revenue recognition policy applies to shipments of the STREAMWAY FMS units as well as shipments of cleaning solution kits. When these conditions are satisfied, the Company recognizes gross product revenue, which is the price it charges generally to its customers for a particular product. Under the Company's standard terms and conditions, there is no provision for installation or acceptance of the product to take place prior to the obligation of the customer. The customer's right of return is limited only to the Company's standard one-year warranty whereby the Company replaces or repairs, at its option, and it would be rare that the STREAMWAY FMS unit or significant quantities of cleaning solution kits may be returned. Additionally, since the Company buys both the STREAMWAY FMS units and cleaning solution kits from “turnkey” suppliers, the Company would have the right to replacements from the suppliers if this situation should occur.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Receivables</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Receivables are reported at the amount the Company expects to collect on balances outstanding. The Company provides for probable uncollectible amounts through charges to earnings and credits to the valuation based on management's assessment of the current status of individual accounts, changes to the valuation allowance have not been material to the financial statements.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Inventories</strong></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Inventories are stated at the lower of cost or market, with cost determined on a first-in, first-out basis. Inventory balances are as</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">follows:</font></p>
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<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;">    June 30,     </font></strong></p>
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<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> December 31,</font></strong></p>
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<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> 2015 </font></strong></p>
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<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> 2014</font></strong></p>
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<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Finished goods </font></p>
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<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>46,845</font></td>
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<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>88,362</font></td>
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<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>200,654</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>237,556</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Work-In-Process </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>10,169</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>41,449</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>257,668</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>367,367</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
</table>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Property and Equipment</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives of the respective assets. Estimated useful asset life by classification is as follows:</font></p>
<div>
<table style="border-collapse: collapse; margin-left: 0pt; width: 100%;" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><br/></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Years </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; font-family: 'Times New Roman'; width: 89%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Computers and office equipment </font></p>
</td>
<td style="vertical-align: top; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman'; width: 9%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font> - <font>7</font> </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Leasehold improvements </font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>5</font> </font></p>
</td>
<td style="vertical-align: top; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Manufacturing tooling </font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">   </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font> - <font>7</font> </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; width: 87.73%; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">Demo Equipment</font></p>
</td>
<td style="vertical-align: top; width: 6.7pt; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font></font></p>
</td>
<td style="vertical-align: top; width: 11.11%; text-align: center; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; ;font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
</table>
</div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company's investment in Fixed Assets consists of the following:</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<div style="display: block;">
<div class="CursorPointer">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>    June 30,    <br/></strong></font><font style="font-family: 'Times New Roman';"><strong>2015</strong></font></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>December 31,<br/></strong></font><font style="font-family: 'Times New Roman';"><strong>2014</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><br/></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 78%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Computers and office equipment  </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>122,889</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>123,708</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Leasehold improvements</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>23,874</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>23,874</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Manufacturing tooling</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>97,288</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>97,288</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Demo Equipment</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13,706</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>30,576</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 10px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>257,757</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>275,446</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Less: Accumulated depreciation</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>110,514</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>78,967</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 10px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total Fixed Assets, Net</font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>147,243</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>196,479</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
</div>
</div>
</div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Upon retirement or sale, the cost and related accumulated depreciation are removed from the balance sheet and the resulting gain or loss is reflected in operations. Maintenance and repairs are charged to operations as incurred.</font></p>
</div>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Intangible Assets</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Intangible assets consist of trademarks and patent costs. Amortization expense was $<font>1,444</font> and $<font>2,888</font> in the three and six months ended June 30, 2015, and was $<font>0</font> in the three and six months ended June 30, 2014.The assets are reviewed for impairment annually, and impairment losses, if any, are charged to operations when identified.</font></p>
</div>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Income Taxes</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company accounts for income taxes in accordance with ASC 740- Income Taxes (“ASC 740”). Under ASC 740, deferred tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and net operating loss and credit carryforwards using enacted tax rates in effect for the year in which the differences are expected to impact taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company reviews income tax positions expected to be taken in income tax returns to determine if there are any income tax uncertainties. The Company recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on technical merits of the positions. The Company has identified no income tax uncertainties.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tax years subsequent to </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2011 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">remain open to examination by federal and state tax authorities.</font></p>
</div>
<p style="line-height: 12pt; margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Patents and Intellectual Property</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="font-size: 10pt; /* line-height: 108%; */ margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> On January 25</font>th, 2014 the Company filed a non-provisional PCT Application No. PCT/US2014/013081 claiming priority from the U.S. Provisional Patent Application, number 61756763 which was filed one year earlier on January 25th, 2013. The Patent Cooperation Treaty (“PCT”) allows an applicant to file a single patent application to seek patent protection for an invention simultaneously in each of the 148 countries of the PCT, including the United States. By filing this single “international” patent application through the PCT, it is easier and more cost effective than filing separate applications directly with each national or regional patent office in which patent protection is desired.</p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Our PCT patent application is for the new model of the surgical fluid waste management system. We obtained a favorable International Search Report from the PCT searching authority indicating that the claims in our PCT application are patentable (i.e., novel and non-obvious) over the cited prior art. A feature claimed in the PCT application is the ability to maintain continuous suction to the surgical field while measuring, recording and evacuating fluid to the facilities sewer drainage system. This provides for continuous operation of the STREAMWAY System unit in suctioning waste fluids, which means that suction is not interrupted during a surgical operation, for example, to empty a fluid collection container or otherwise dispose of the collected fluid.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company holds the following granted patents in the United States and a pending application in the United States on its earlier models: US7469727, US8123731 and U.S. Publication No. US20090216205 (collectively, the “Patents”). These Patents will begin to expire on August 8, 2023.</font></p>
</div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Subsequent Events</strong></font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong> </strong></font></p>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">As described in Note 3 below, on July 24, 2015, the Company amended its Certificate of Incorporation, pursuant to which the authorized common stock was increased to <font>100,000,000</font> shares of common stock and the authorized preferred stock was increased to <font>20,000,000</font> shares.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">On February 4, 2014, the Company raised $<font>2,055,000</font> in gross proceeds from a private placement of <font>20,550</font> shares of Series A Convertible Preferred Stock, par value $<font>0.01</font>, with a stated value of $<font>100</font> per share (the “Series A Preferred Shares”) and warrants to purchase shares of the Company's common stock.  </font></font><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;"></font><font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;"></font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;"></font><font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;"></font><font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; /* background-color: #ffffff;"><font>In connection with the Company's proposed offering of <font>1,666,667</font> units (the “Units”), each consisting of one share of the Company's common stock, one share of the Company's Series B Convertible Preferred Stock and four of the Company's Series A Warrants, the holders of a majority of the Series A Preferred Shares have, as of July 20, 2015, agreed to exchange all of the outstanding Series A Preferred Shares for units with the same terms as the Units (the “Exchange Units”) such that for every dollar of stated value of Series A Preferred Shares tendered the holders will receive an equivalent value of Exchange Units based on the public offering price of the Units in this offering (the “Unit Exchange”).  Accordingly, assuming the public offering price for the Units is $<font>9.00</font> per Unit, then all of the Series A Preferred Shares will be exchanged into <font>228,334</font> Exchange Units. The warrants that were issued in connection with the issuance of the Series A Preferred Shares will remain outstanding; however, the warrant amounts will be reduced so that the warrants will be exercisable into an aggregate of <font>84,770</font> shares of the Company's common stock. The Unit Exchange is subject to and will be consummated currently with the consummation of the Company's offering of Units. Each holder of Series A Preferred Shares that has agreed to the terms of the Unit Exchange has entered into the Exchange Agreement with the Company.  Upon effectiveness of the Unit Exchange, the Series A Preferred Shares will be cancelled and resume the status of authorized but unissued shares of preferred stock.</font></font></font></font></font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"></font><br/></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">From July through September 2014, the Company entered into a series of securities purchase agreements pursuant to which the Company issued approximately $<font>1.8</font> million original principal amount of convertible promissory notes (the “2014 Convertible Notes”) and warrants exercisable for shares of the Company's common stock. The original principal amount of the 2014 Convertible Notes was subsequently reduced to approximately $<font>1.6</font> million in accordance with their terms.  In April and May 2015, the Company issued and sold to Magna Equities II, LLC additional Convertible Notes in an aggregate original principal amount of $<font>275,000</font> containing terms substantially similar to the 2014 Convertible Notes (the “2015 Convertible Notes” and, together with the 2014 Convertible Notes, the “Convertible Notes”).  As of June 30, 2015, $<font>927,663</font> aggregate principal amount of Convertible Notes, plus accrued and unpaid interest thereto, has been converted into shares of the Company's common stock and $<font>933,073</font> aggregate principal amount of Convertible Notes remains outstanding. In connection with the Company's proposed offering of Units, the holders of the Convertible Notes have agreed to not exercise their right to convert the Convertible Notes into shares of the Company's common stock, in exchange for the Company's agreement to redeem all of the outstanding Convertible Notes promptly following the consummation of the Company's offering of Units at a redemption price equal to <font>140%</font> of the principal amount, plus accrued and unpaid interest to the redemption date. The Company estimates that the total redemption price to redeem all outstanding Convertible Notes will be approximately $<font>1.4</font> million. Of this amount, approximately $<font>167,031</font> will be paid to its affiliates in redemption of their Convertible Notes.  Each holder of the Convertible Notes that has agreed to the foregoing terms has entered into an Amendment to Senior Convertible Notes and Agreement with the Company</font>.</font></div>
</div>
</div>
</div>
</div>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Interim Financial Statements</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company has prepared the unaudited interim financial statements and related unaudited financial information in the footnotes in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. These interim financial statements reflect all adjustments consisting of normal recurring accruals, which, in the opinion of management, are necessary to present fairly the Company's financial position, the results of its operations and its cash flows for the interim periods. These interim financial statements should be read in conjunction with the annual financial statements and the notes thereto contained in the Form 10-K filed with the SEC on </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">April 30</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">. The nature of the Company's business is such that the results of any interim period may not be indicative of the results to be expected for the entire year.</font></p>
</div>
P3Y
1444
0
3312863
125.25
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 2 – DEVELOPMENT STAGE OPERATIONS</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company was formed April 23, 2002. Since inception to August 6</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>3,312,863</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> shares of common stock have been issued between par value and $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>125.25</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;">. Operations since incorporation have been devoted to raising capital, obtaining financing, development of the Company's product, and administrative services</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, customer acceptance and sales and marketing strategies</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font></p>
</div>
1133856
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 5 - LOSS PER SHARE</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table presents the shares used in the basic and diluted loss per common share computations:</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">  Three Months Ended<br/>June 30,  </font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">  Six Months Ended<br/>June 30,  </font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2015</font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2014</font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2015</font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2014</font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Numerator:</font></div>
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<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
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<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
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<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="2" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="2" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td align="left" valign="bottom" style="width: 56%; text-indent: 20px;">
<div style="display: block; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Net loss available in basic and diluted calculation</font></div>
</td>
<td align="right" valign="bottom" style="width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; width: 8%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(1,185,327</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; width: 8%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(1,735,954</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; width: 8%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(1,411,122</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; width: 8%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(3,352,949</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Denominator:</font></div>
</td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="text-indent: 20px; background-color: rgb(204, 238, 255);">
<div style="display: block; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Weighted average common shares outstanding-basic</font></div>
</td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3,263,356</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2,968,279</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3,182,706</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2,958,965</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="background-color: rgb(204, 238, 255);">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Effect of diluted stock options and warrants<sup> (1)</sup></font></div>
</td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>-</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>-</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>-</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>-</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="padding-bottom: 2px; background-color: rgb(204, 238, 255);">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Weighted average common shares outstanding-basic</font></div>
</td>
<td align="right" valign="bottom" style="padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3,263,356</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2,968,279</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3,182,706</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2,958,965</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="padding-bottom: 4px; background-color: rgb(204, 238, 255);">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Loss per common share basic and diluted</font></div>
</td>
<td align="right" valign="bottom" style="padding-bottom: 4px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(0.36</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(0.58</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="padding-bottom: 4px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(0.44</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(1.13</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
</tr>
</table>
</div>
<table width="100%" cellpadding="0" border="0" cellspacing="0">
<tr>
<td style="width: 10%;border-bottom-width: 1pt !important;border-bottom-style: solid !important;border-bottom-color: rgb(0, 0, 0) !important;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
</tr>
</table>
<table width="100%" cellpadding="0" border="0" cellspacing="0">
<tr>
<td style="width: 2%; vertical-align: top;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #fffff0;">(1)</font></td>
<td style="width: 98%;">
<div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The number of shares underlying options and warrants outstanding as of June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">and June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">are </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>1,133,856</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>847,848</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.</font></div>
</td>
</tr>
</table>
</div>
</div>
16.50
3.75
37.50
0.75
P2Y
P6Y6M
0.59
0.0013
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" width="100%" style="font-family: Times New Roman; font-size: 10pt;">
<tr>
<td valign="bottom" style="padding-bottom: 2px;"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td valign="bottom" style="padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="6" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">  Three Months Ended<br/>June 30,  </font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td valign="bottom" style="padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="6" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">  Six Months Ended<br/>June 30,  </font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
</tr>
<tr>
<td valign="bottom" style="padding-bottom: 2px;"><font style="font-size: 8pt;">  </font></td>
<td valign="bottom" style="padding-bottom: 2px;"><font style="font-size: 8pt;"> </font></td>
<td colspan="2" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2015</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td valign="bottom" style="padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2014</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td valign="bottom" style="padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2015</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td valign="bottom" style="padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2014</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="background-color: rgb(204, 238, 255);">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Numerator:</font></div>
</td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="2" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="2" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="2" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="2" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td align="left" valign="bottom" style="width: 56%; text-indent: 20px;">
<div style="display: block; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Net loss available in basic and diluted calculation</font></div>
</td>
<td align="right" valign="bottom" style="width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; width: 8%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(1,185,327</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; width: 8%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(1,735,954</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; width: 8%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(1,411,122</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; width: 8%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(3,352,949</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Denominator:</font></div>
</td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="text-indent: 20px; background-color: rgb(204, 238, 255);">
<div style="display: block; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Weighted average common shares outstanding-basic</font></div>
</td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3,263,356</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2,968,279</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3,182,706</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2,958,965</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="background-color: rgb(204, 238, 255);">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Effect of diluted stock options and warrants<sup> (1)</sup></font></div>
</td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>-</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>-</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>-</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>-</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="padding-bottom: 2px; background-color: rgb(204, 238, 255);">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Weighted average common shares outstanding-basic</font></div>
</td>
<td align="right" valign="bottom" style="padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3,263,356</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2,968,279</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3,182,706</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2,958,965</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: right;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="padding-bottom: 4px; background-color: rgb(204, 238, 255);">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Loss per common share basic and diluted</font></div>
</td>
<td align="right" valign="bottom" style="padding-bottom: 4px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(0.36</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(0.58</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="padding-bottom: 4px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(0.44</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
<td align="right" valign="bottom" style="background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td valign="bottom" style="text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">$</font></td>
<td valign="bottom" style="text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: rgb(0, 0, 0) !important; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>(1.13</font></font></td>
<td nowrap="nowrap" valign="bottom" style="text-align: left; padding-bottom: 2px; background-color: rgb(204, 238, 255);"><font style="display: inline; font-family: times new roman; font-size: 10pt;">)</font></td>
</tr>
</table>
</div>
<table width="100%" cellpadding="0" border="0" cellspacing="0">
<tr>
<td style="width: 10%;border-bottom-width: 1pt !important;border-bottom-style: solid !important;border-bottom-color: rgb(0, 0, 0) !important;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
</tr>
</table>
<table width="100%" cellpadding="0" border="0" cellspacing="0">
<tr>
<td style="width: 2%; vertical-align: top;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #fffff0;">(1)</font></td>
<td style="width: 98%;">
<div><font style="font-family: 'Times New Roman'; font-size: 10pt;">The number of shares underlying options and warrants outstanding as of June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">and June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">are </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>1,133,856</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>847,848</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.</font></div>
</td>
</tr>
</table>
</div>
1.00
7919000
7919000
1150000
1150000
9069000
9069000
9069000
9069000
0.0297
89796
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 6 – </strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>INCOME TAXES</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The provision for income taxes consists of an amount for taxes currently payable and a provision for tax consequences deferred to future periods.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred income taxes are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred income tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">There is no income tax provision in the accompanying statements of operations due to the cumulative operating losses that indicate a <font>100</font>% valuation allowance for the deferred tax assets and state income taxes is appropriate.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-size: 10pt;">During September 2013, the Company experienced an "ownership change" as defined in Section 382 of the Internal Revenue Code which could potentially limit the ability to utilize the Company's net operating losses (NOLs). The general limitation rules allow the Company to utilize its NOLs subject to an annual limitation that is determined by multiplying the federal long-term tax-exempt rate by the Company's value immediately before the ownership change.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-size: 10pt;">At June 30, 2015, the Company had approximately $<font>19.9</font> million of gross NOLs to reduce future federal taxable income, the majority of which are expected to be available for use in 2015, subject to the Section 382 limitation described above. The federal NOLs will expire <font>beginning in 2022</font> if unused. The Company also had approximately $<font>12.4</font> million of gross NOLs to reduce future state taxable income at December 31, 2014, which will expire in years <font>2022 through 2034</font> if unused. The Company's net deferred tax assets, which include the NOLs, are subject to a full valuation allowance. At December 31, 2014, the federal and state valuation allowances were $<font>8.1</font> million and $<font>1.0</font> million, respectively.</font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-size: 10pt;"></font><br/></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The valuation allowance has been recorded due to the uncertainty of realization of the benefits associated with the net operating losses. Future events and changes in circumstances could cause this valuation allowance to change.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The components of deferred income taxes at June 30, 2015 and December 31, 2014 are as follows:</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';">    March 31,    </font></strong></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="3">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';"> December 31, </font></strong></font></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';"> 2015 </font></strong></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';"> 2014</font></strong></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';"> </font></strong></font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;" colspan="2"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px;" colspan="2"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred Tax Asset: </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; text-align: right; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; text-align: right; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 78%; text-indent: 10px;">
<p style="margin-top: 0pt; margin-right: 0.8pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Net Operating Loss </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%;"><font>7,919,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%;"><font>7,919,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 10px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0.8pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Other </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>1,150,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>1,150,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Total Deferred Tax Asset </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>9,069,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>9,069,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Less Valuation Allowance </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>9,069,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>9,069,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Net Deferred Income Taxes </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>—</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>—</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
</table>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';">    March 31,    </font></strong></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="3">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';"> December 31, </font></strong></font></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';"> 2015 </font></strong></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';"> 2014</font></strong></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><strong><font style="font-family: 'Times New Roman';"> </font></strong></font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;" colspan="2"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"></td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px;" colspan="2"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred Tax Asset: </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; text-align: right; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; text-align: right; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 78%; text-indent: 10px;">
<p style="margin-top: 0pt; margin-right: 0.8pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Net Operating Loss </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%;"><font>7,919,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%;"><font>7,919,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 10px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0.8pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Other </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>1,150,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>1,150,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Total Deferred Tax Asset </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>9,069,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>9,069,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Less Valuation Allowance </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>9,069,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>9,069,000</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Net Deferred Income Taxes </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>—</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>—</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
</table>
</div>
19900000
8100000
1000000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">beginning in 2022</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE</strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong> </strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>8 – LIABILITY FOR EQUITY-LINKED FINANCIAL INSTRUMENTS</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company adopted ASC 815- Derivatives and Hedging (“ASC 815”) on January 1, 2009. ASC 815 mandates a two-step process for evaluating whether an equity-linked financial instrument or embedded feature is indexed to the entity's own stock. It was effective for fiscal years beginning after December 15, 2008, and interim periods within those fiscal years, which was the Company's first quarter of 2009. Many of the warrants issued by the Company contain a strike price adjustment feature, which upon adoption of ASC 815, changed the classification (from equity to liability) and the related accounting for warrants with a $<font>479,910</font> estimated fair value of as of January 1, 2009. An adjustment was made to remove $<font>486,564</font> from paid-in capital (the cumulative values of the warrants on their grant dates), a positive adjustment of $<font>6,654</font> was made to accumulated deficit, representing the gain on valuation from the grant date to January 1, 2009, and $<font>479,910</font> was booked as a liability. The warrants issued in 2011 do not contain a strike price adjustment feature and, therefore, are not treated as a liability.</font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The January 1, 2009 valuation was computed using the Black-Scholes valuation model based upon a <font>2.5</font>-year expected term, an expected volatility of <font>63</font>%, an exercise price of $<font>34.50</font> per share, a stock price of $<font>26.25</font>, a zero dividend rate and a <font>1.37</font>% risk free interest rate. Subsequent to January 1, 2009 these warrants were re-valued at the end of each quarter and a gain or loss was recorded based upon their increase or decrease in value during the quarter. Likewise, new warrants that were issued during 2009 and 2010</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">were valued, using the Black-Scholes valuation model on their date of grant and an entry was made to reduce paid-in capital and increase the liability for equity-linked financial instruments. These warrants were also re-valued at the end of each quarter based upon their expected life, the stock price, the exercise price, assumed dividend rate, expected volatility and risk free interest rate. A significant reduction in the liability was realized in 2010 primarily due to a reduction from $<font>37.50</font> to $<font>16.50</font> per share in the underlying stock price. The Company realized a slight increase in the liability for existing warrants during the first quarter of 2012. In 2013 there was a significant decrease in the liability primarily due to current expirations and the amount of warrants reaching expiration in the near term. </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">In 2014, all warrants expired and the liability was reduced to zero</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font></p>
<p style="line-height: 0.05pt; margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The inputs to the Black-Scholes model during 2009 through 2014 were as follows:</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
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<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Stock price</font><br/></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;" align="center"> </td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; width: 9%; background-color: #cceeff;" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> $ <font>3.75 </font>to<br/>$<font>37.50</font> </font></p>
</td>
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<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
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<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Exercise price </font></p>
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<td style="vertical-align: top; padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman';" align="center"> </td>
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<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> $ <font>.75 </font>to<br/>$<font>26.613</font> </font></p>
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<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
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<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Expected life </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center"> </td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt 0.9pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>2.0</font> to <font>6.5</font> years </font></p>
</td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt 0.9pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
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<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Expected volatility </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; text-align: center; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; text-align: center;" align="right"><font>59<font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; /* background-color: #ffffff;">%</font></font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; text-align: center;" align="right"><font> </font></td>
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<tr style="background-color: #cceeff;">
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Assumed dividend rate </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; text-align: center; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; text-align: center; background-color: #cceeff;" align="right"><font>-<font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; /* background-color: #fffff0;">%</font></font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; text-align: center; background-color: #cceeff;" align="right"><font> </font></td>
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<tr>
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<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Risk-free interest rate </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman';"> </td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>.13</font>% to <font>2.97</font>% </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The original valuations, annual gain</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">/(</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">loss) and end of year valuations are shown below:</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><br/></p>
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<table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse: collapse; height: 0px; margin-left: 0.100000001490116px;">
<tr style="height: 2pt;">
<td height="2" style="height: 5pt; padding: 0px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal;"></td>
<td height="2" style="height: 5pt; padding-top: 0px; padding-right: 1px; color: black; font-size: 6pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 7pt;"> </font></td>
<td height="2" style="height: 5pt; padding-top: 0px; padding-right: 1px; color: black; font-size: 6pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-top-style: none; border-right-style: none; border-left-style: none; white-space: normal; text-align: center; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><br/><font style="font-size: 7pt;">Initial<br/>Value </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="/* padding-top: 1px; */ /* padding-right: 1px; */ /* padding-left: 1px; */ color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; padding-left: -100pt; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Annual<br/>Gain<br/>(Loss)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value at<br/>12/31/09</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">2010 Gain<br/>(Loss) </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><br/></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value at<br/>12/31/10</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;"> 2011 Gain<br/>(Loss) </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value at</font><br/><font style="font-size: 7pt;">12/31/2011 </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">2012 Gain<br/>(Loss) </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><br/></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value</font><br/><font style="font-size: 7pt;">at 12/31/2012 </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">2013 Gain</font><br/><font style="font-size: 7pt;">(Loss)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><br/></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value<br/>at 12/31/2013</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><br/></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">2014 Gain</font><br/><font style="font-size: 7pt;">(Loss)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value at</font><br/><font style="font-size: 7pt;">12/31/2014</font></td>
</tr>
<tr style="height: 2pt; background-color: #cceeff;">
<td height="2" style="height: 2pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; width: 9%; background: #cceeff;"><font style="font-size: 8pt;">January 1, 2009 adoption</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font><font style="mso-spacerun: yes;"> </font>479,910</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>(390,368</font>)</font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>870,278</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$ </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>868,772</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$ </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font><font style="mso-spacerun: yes;"> </font>1,506</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>(88,290</font>)</font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$ </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>89,796</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>(21,856</font>)</font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font>111,652</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font><font style="font-size: 8pt;">100,053</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>11,599</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>11,599</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 1%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 6/30/2009</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>169,854</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="/* padding-top: 1px; */ /* padding-right: 1px; */ /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>20,847</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>149,007</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>147,403</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>1,604</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>(4,689</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>6,293</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>6,293</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt; background-color: #cceeff;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background: #cceeff;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 9/30/2009</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>39,743</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>(738</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>40,481</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>40,419</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>62</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>(1,562</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>1,624</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>910</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>714</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>714</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 12/31/2009</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: none none solid; border-bottom-width: 1pt !important; border-bottom-color: black !important; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: none none solid; border-bottom-width: 1pt !important; border-bottom-color: black !important; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>12,698</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>617</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-style: none none solid; border-bottom-width: 1pt !important; border-bottom-color: windowtext !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: none none solid; border-bottom-width: 1pt !important; border-bottom-color: windowtext !important; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>12,081</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>12,053</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>28</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>(724)</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>752</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>415</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>337</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>337</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 2pt; background-color: #cceeff;">
<td height="2" style="height: 2pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: right; background: #cceeff;"><font style="font-size: 8pt;">Subtotal    </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>702,205</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>1,071,847</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 3/31/2010</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>25,553</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>25,014</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>539</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>(5,570</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>6,109</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>3,701</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>2,408</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>2,408</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt; background-color: #cceeff;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background: #cceeff;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 6/30/2010</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>31,332</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>30,740</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>592</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>(6,122</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>6,714</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>6,083</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>631</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>631</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 9/30/2010</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>31,506</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>20,891</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>10,615</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>(44,160</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>54,775</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>1,338</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>53,437</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>53,437</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 5pt; background-color: #cceeff;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background: #cceeff;"><font style="font-size: 8pt;">Total    </font></td>
<td style="padding-top: 1px; padding-right: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>790,596</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>(369,642</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"></font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;">  </font><font><font style="mso-spacerun: yes;"> </font>1,071,847</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>1,145,292</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>14,946</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>(151,117</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>166,063</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>(3,116</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>169,179</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>157,580</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>11,599</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>11,599</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-top-width: 1pt !important; border-bottom-width: 2pt !important; border-top-color: windowtext !important; border-bottom-color: windowtext !important; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
</table>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr style="background-color: #cceeff;">
<td style="padding: 0px; font-family: 'Times New Roman'; width: 89%; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Stock price</font><br/></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;" align="center"> </td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; width: 9%; background-color: #cceeff;" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> $ <font>3.75 </font>to<br/>$<font>37.50</font> </font></p>
</td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; width: 1%; background-color: #cceeff;" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="padding: 0px; font-family: 'Times New Roman'; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Exercise price </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman';" align="center"> </td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> $ <font>.75 </font>to<br/>$<font>26.613</font> </font></p>
</td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Expected life </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center"> </td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt 0.9pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>2.0</font> to <font>6.5</font> years </font></p>
</td>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt 0.9pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Expected volatility </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; text-align: center; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; text-align: center;" align="right"><font>59<font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; /* background-color: #ffffff;">%</font></font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; text-align: center;" align="right"><font> </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Assumed dividend rate </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; text-align: center; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; text-align: center; background-color: #cceeff;" align="right"><font>-<font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; /* background-color: #fffff0;">%</font></font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; text-align: center; background-color: #cceeff;" align="right"><font> </font></td>
</tr>
<tr>
<td style="vertical-align: top; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Risk-free interest rate </font></p>
</td>
<td style="vertical-align: top; padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman';"> </td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>.13</font>% to <font>2.97</font>% </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt 0.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
</td>
</tr>
</table>
</div>
</div>
479910
-390368
870278
868772
1506
-88290
-21856
111652
100053
11599
11599
169854
20847
149007
147403
1604
-4689
6293
6293
39743
-738
40481
40419
62
-1562
1624
910
714
714
12698
617
12081
12053
28
-724
752
415
337
337
702205
1071847
25553
25014
539
-5570
6109
3701
2408
2408
31332
30740
592
-6122
6714
6083
631
631
31506
20891
10615
-44160
54775
1338
53437
53437
790596
-369642
1071847
1145292
14946
-151117
166063
-3116
169179
157580
11599
11599
84657
60000
300000
4.88
61539
300000
61539
300000
600000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<div style="display: block;">
<div style="display: block;">
<div style="line-height: 1;">
<table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse: collapse; height: 0px; margin-left: 0.100000001490116px;">
<tr style="height: 2pt;">
<td height="2" style="height: 5pt; padding: 0px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal;"></td>
<td height="2" style="height: 5pt; padding-top: 0px; padding-right: 1px; color: black; font-size: 6pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 7pt;"> </font></td>
<td height="2" style="height: 5pt; padding-top: 0px; padding-right: 1px; color: black; font-size: 6pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-top-style: none; border-right-style: none; border-left-style: none; white-space: normal; text-align: center; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><br/><font style="font-size: 7pt;">Initial<br/>Value </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="/* padding-top: 1px; */ /* padding-right: 1px; */ /* padding-left: 1px; */ color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; padding-left: -100pt; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Annual<br/>Gain<br/>(Loss)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value at<br/>12/31/09</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">2010 Gain<br/>(Loss) </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><br/></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value at<br/>12/31/10</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;"> 2011 Gain<br/>(Loss) </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value at</font><br/><font style="font-size: 7pt;">12/31/2011 </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">2012 Gain<br/>(Loss) </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><br/></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value</font><br/><font style="font-size: 7pt;">at 12/31/2012 </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">2013 Gain</font><br/><font style="font-size: 7pt;">(Loss)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><br/></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value<br/>at 12/31/2013</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><br/></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">2014 Gain</font><br/><font style="font-size: 7pt;">(Loss)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center;"><font style="font-size: 7pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 200; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: normal; text-align: center; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2"><font style="font-size: 7pt;">Value at</font><br/><font style="font-size: 7pt;">12/31/2014</font></td>
</tr>
<tr style="height: 2pt; background-color: #cceeff;">
<td height="2" style="height: 2pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; width: 9%; background: #cceeff;"><font style="font-size: 8pt;">January 1, 2009 adoption</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font><font style="mso-spacerun: yes;"> </font>479,910</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>(390,368</font>)</font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>870,278</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$ </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>868,772</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$ </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font><font style="mso-spacerun: yes;"> </font>1,506</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>(88,290</font>)</font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$ </font></td>
<td style="border: none; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>89,796</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>(21,856</font>)</font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font>111,652</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font><font style="font-size: 8pt;">100,053</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>11,599</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>11,599</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; width: 2%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: left; width: 1%; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: solid none none; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 4%; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding: 0px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-top-width: 1pt !important; border-top-color: black !important; white-space: nowrap; text-align: right; width: 1%; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 6/30/2009</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>169,854</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="/* padding-top: 1px; */ /* padding-right: 1px; */ /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>20,847</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>149,007</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>147,403</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>1,604</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>(4,689</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>6,293</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>6,293</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt; background-color: #cceeff;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background: #cceeff;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 9/30/2009</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>39,743</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>(738</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>40,481</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>40,419</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>62</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>(1,562</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>1,624</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>910</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>714</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>714</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 12/31/2009</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: none none solid; border-bottom-width: 1pt !important; border-bottom-color: black !important; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: none none solid; border-bottom-width: 1pt !important; border-bottom-color: black !important; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>12,698</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>617</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-style: none none solid; border-bottom-width: 1pt !important; border-bottom-color: windowtext !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-style: none none solid; border-bottom-width: 1pt !important; border-bottom-color: windowtext !important; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>12,081</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>12,053</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>28</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>(724)</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>752</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>415</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>337</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>337</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 2pt; background-color: #cceeff;">
<td height="2" style="height: 2pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: right; background: #cceeff;"><font style="font-size: 8pt;">Subtotal    </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>702,205</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>1,071,847</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 3/31/2010</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>25,553</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>25,014</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>539</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>(5,570</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>6,109</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>3,701</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>2,408</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>2,408</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt; background-color: #cceeff;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background: #cceeff;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 6/30/2010</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>31,332</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>30,740</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>592</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>(6,122</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>6,714</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>6,083</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>631</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>631</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 15.75pt;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;">Warrants issued in quarter</font><br/><font style="font-size: 8pt;">ended 9/30/2010</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>31,506</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>20,891</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>10,615</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>(44,160</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>54,775</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>1,338</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>53,437</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>53,437</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri, sans-serif; vertical-align: bottom; white-space: nowrap; text-align: right;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr style="height: 5pt; background-color: #cceeff;">
<td height="21" style="height: 15.75pt; padding: 0px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border: none; white-space: normal; text-align: left; background: #cceeff;"><font style="font-size: 8pt;">Total    </font></td>
<td style="padding-top: 1px; padding-right: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>790,596</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>(369,642</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"></font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;">  </font><font><font style="mso-spacerun: yes;"> </font>1,071,847</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font><font style="mso-spacerun: yes;"> </font>1,145,292</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>14,946</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font style="mso-spacerun: yes;"> </font><font>(151,117</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>166,063</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>(3,116</font>)</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>169,179</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>157,580</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>11,599</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>11,599</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
<td style="padding-top: 1px; padding-right: 1px; /* padding-left: 1px; */ color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: left; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;">$</font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 6pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important; background: #cceeff;"><font style="font-size: 8pt;"><font>-</font></font></td>
<td style="padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 7pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: 'Times New Roman', serif; vertical-align: bottom; border-top-width: 1pt !important; border-bottom-width: 2pt !important; border-top-color: windowtext !important; border-bottom-color: windowtext !important; white-space: nowrap; text-align: right; background: #cceeff;"><font style="font-size: 8pt;"> </font></td>
</tr>
</table>
</div>
</div>
</div>
</div>
</div>
26.613
0.014
314484
299509
680444
648050
0.200
600000
0.24
357282
0.200
240000
20623
213334
353334
1.05
4.88
100000
0.20
0.24
0.20
176667
176667
1.05
4.88
2000000
4000000
156243
20833
0.20
155000
13889
7.50
300000
0.10
0.10
250000
20000
0.20
305589.04
19231
25000
52
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman'; clear: both;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 9 – RELATED PARTY TRANSACTIONS</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Audit Committee has the responsibility to review and approve all transactions to which a related party and the Company may be a party prior to their implementation, to assess whether such transactions meet applicable legal requirements.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Rick Koenigsberger, a director, is a holder of membership units in SOK Partners.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Convertible Note Issuances to Dr. Samuel Herschkowitz and SOK Partners, LLC</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On September 11, 2013, both the Herschkowitz Note and the SOK Note (each as defined below in this Note 9) were converted in full by the holders thereof at $<font>0.014</font> per share. The principal and interest balance of the Herschkowitz Note of $<font>314,484</font> was converted into <font>299,509</font> shares of common stock. The principal and interest balance of the SOK Note of $<font>680,444</font> was converted into <font>648,050</font> shares of common stock. The collateral that secured these notes was released back to the Company.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The remaining disclosure of this Note 9 provides historical information regarding the Herschkowitz Note, the SOK Note and certain other convertible note issuances.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On March 28, 2012, the Company, entered into a Convertible Note Purchase Agreement, dated as of March 28, 2012 (the “SOK Purchase Agreement”) with SOK Partners, LLC (“SOK Partners”), and an investment partnership. Josh Kornberg, who is the Company's Chief Executive Officer and interim Chairman of the Board, and Dr. Samuel Herschkowitz are affiliates of the manager of SOK Partners and Ricardo Koenigsberger, a director, is a holder of membership units of SOK Partners. Pursuant to the SOK Purchase Agreement, the Company issued a <font>20.0</font>% convertible note due August 2012 in the principal amount of up to $<font>600,000</font>. Principal and accrued interest on the note is due and payable on August 28, 2012. The Company's obligations under the note are secured by the grant of a security interest in substantially all tangible and intangible assets of the Company. The SOK Purchase Agreement and the note included customary events of default that include, among other things, non-payment defaults, covenant defaults, inaccuracy of representations and warranties, cross-defaults to other indebtedness and bankruptcy and insolvency defaults. The occurrence of an event of default would have resulted in the acceleration of the Company's obligations under the note, and interest rate of twenty-four (<font>24</font>%) percent per annum accrues if the note had not been paid when due.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On March 28, 2012, the Company received an advance of $<font>84,657</font> under the note, including a cash advance of $<font>60,000</font> net of a prepayment of interest on the first $<font>300,000</font> in advances under the note. The holder of the note was entitled to convert the note into shares of common stock of the Company at an initial conversion price per share of $<font>4.88</font> per share, subject to adjustment in the event of (1) certain issuances of common stock or convertible securities at a price lower than the conversion price of the note, and (2) recapitalizations, stock splits, reorganizations and similar events. In addition, the Company is required to issue two installments of an equity bonus to SOK Partners in the form of common stock valued at the rate of $4.88 per share. In March 2012, the Company issued the first equity bonus to SOK Partners, consisting of <font>61,539</font> shares of common stock, with a second installment due within five business days after SOK Partners has made aggregate advances under the note of at least $<font>300,000</font>. In May 2012 the Company issued the second installment consisting of <font>61,539</font> shares of common stock subsequent to SOK Partners surpassing the aggregate advances of $<font>300,000</font>. Until the maturity date of the note, if the Company obtained financing from any other source without the consent of SOK Partners, then the Company is required to issue additional bonus equity in an amount equal to $<font>600,000</font> less the aggregate advances on the note made prior to the breach. The principal balance of the SOK Note was $<font>357,282</font> as of December 31, 2012.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As long as any amount payable under the SOK Note remained outstanding, SOK Partners or its designee were entitled to appoint a new member to the Company's Board of Directors, to be appointed upon request. Ricardo Koenigsberger was appointed to the Board by SOK Partners on June 25, 2012.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On March 28, 2012, the Company signed an Amended and Restated Note Purchase Agreement, dated as of December 20, 2011, with Dr. Samuel Herschkowitz (as amended, the “Herschkowitz Purchase Agreement”). Pursuant to the Herschkowitz Purchase Agreement, the Company issued a <font>20.0</font>% convertible note due June 20, 2012 in the principal amount of $<font>240,000</font> for previous advances under the note. The Company's obligations under the note were secured by the grant of a security interest in substantially all tangible and intangible assets of the Company. The Company has previously issued to Dr. Herschkowitz an equity bonus consisting of <font>20,623</font> shares of common stock. An additional 100,000 shares were transferred to Dr. Herschkowitz effective in April 2012, upon the occurrence of an event of default on the note. On August 13, 2012, the Company entered into a settlement and forbearance agreement described below, relating to the defaults under the Herschkowitz Note and other matters.</font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As long as any amount payable under the Herschkowitz Note remained outstanding, Dr. Herschkowitz or his designee was entitled to appoint a special advisor to the Company's Board of Directors, to be appointed as a member of the Board upon request. Pursuant to this authority, Josh Kornberg was appointed to the Board on March 9, 2012. In addition, pursuant to this authority, Mr. Koenigsberger was appointed to the Board on June 25, 2012.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Pursuant to a letter dated April 20, 2012, Dr. Herschkowitz advised the Company of the occurrence of numerous events of default under the terms of the Herschkowitz Note and the Herschkowitz Note Purchase Agreement. As a result of such events of default, Dr. Herschkowitz asserted significant rights as a secured creditor of the Company, including his rights as a secured creditor with a security interest in substantially all assets of the Company. Without a settlement relating to the defaults and other matters, Dr. Herschkowitz could have taken action to levy upon the Company's assets, including patents and other intellectual property.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, the Company and Atlantic Partners Alliance LLC (“APA”) were parties to a letter agreement dated March 14, 2012, providing APA and its affiliates (including Dr. Herschkowitz and SOK) with rights to avoid dilution relating to additional issuances of equity securities by the Company through July 14, 2012, evidencing the parties' intent that APA would be provided with significant protection against dilution. This protection was in recognition of APA's investments in the Company involving a high degree of risk and the Company's contemplated need for restructuring its indebtedness, which were anticipated to result, and have resulted, in significant dilution. The parties acknowledged that Dr. Herschkowitz and SOK would not have made their historical cash investments in the Company to the same degree had the dilution protection not been provided, and the investments by these parties have enabled the Company to avoid insolvency. Since the respective dates of the Herschkowitz Note Purchase Agreement and the SOK Note Purchase Agreement, the Company has issued in excess of <font>213,334</font> shares of common stock to parties other than APA and its affiliates, resulting in significant dilution.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Effective August 15, 2012, the Company entered into a letter agreement with Dr. Herschkowitz, APA and SOK (the “Forbearance Agreement”). Under the Forbearance Agreement, among other things, (i) Dr. Herschkowitz agreed to forbear from asserting his rights as a secured creditor to substantially all of the Company's assets, resulting from the Company's defaults; (ii) the Company issued an aggregate <font>353,334</font> shares of common stock to Dr. Herschkowitz and SOK and adjusted the conversion price of their convertible notes to $<font>1.05</font> per share from $<font>4.88</font> per share, to satisfy the Company's obligations to adjust for dilution under the March 14, 2012 letter agreement; (iii) Dr. Herschkowitz and SOK agreed to extend the maturity of their notes to December 31, 2012; (iv) the Company agreed to pay certain compensation to Dr. Herschkowitz upon the achievement of financial milestones; and (v) Dr. Herschkowitz clarified and waived certain of his rights, including the right to interest at a penalty rate upon default.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong> </strong></font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the Forbearance Agreement, Dr. Herschkowitz agreed to forbear from exercising any of his rights arising under the Herschkowitz Note or the Herschkowitz Note Purchase Agreement with respect to the existing defaults against the Company, subject to the limitations set forth in the letter agreement and without releasing or waiving any future breach of the letter agreement. He further agreed to forbear from exercising any rights with respect to events of default, security interests in the collateral and other similar remedies against the Company or his interests under the Herschkowitz Note or the Herschkowitz Note Purchase Agreement until the occurrence of an event of default under the Herschkowitz Note: (a) that does not constitute an existing default; and (b) occurs and accrues after the effective date of the letter agreement.</font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Dr. Herschkowitz and the Company acknowledged that <font>100,000</font> shares of the Company's common stock, constituting the “penalty shares” under the Herschkowitz Note Purchase Agreement, were delivered to Dr. Herschkowitz in April 2012 as provided in the Herschkowitz Note Purchase Agreement upon an event of default. Notwithstanding a provision that would have increased the rate of interest from <font>20</font>% to <font>24</font>% upon an event of default, Dr. Herschkowitz agreed that the Company would not pay the increased rate of interest but would accrue interest at <font>20</font>% until a subsequent event of default.</font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Under the Forbearance Agreement, the Herschkowitz Note and the SOK Note were amended as follows: (i) the due dates of the notes were extended to December 31, 2012 from the previous due dates of June 20, 2012 and August 28, 2012, respectively; (ii) Dr. Herschkowitz will release his security agreement after payment of all currently outstanding promissory notes to parties other than SOK; and (iii) the Herschkowitz Note was amended to add certain events of default relating to judgments against the Company or other creditors taking action with respect to the collateral. In consideration of the extension additional milestone fees were revised as described below. Pursuant to a Forbearance and Settlement Agreement with these parties dated August 15, 2012, as subsequently amended, the due date of these notes were extended to <font>August 31, 2013</font>.</font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">APA and its affiliates agreed to terminate the letter agreement regarding dilution dated March 14, 2012. In consideration of the various provisions of the letter agreement and in recognition of the understanding of the parties regarding dilution and the agreements of APA and its affiliates to forbear and to extend the due dates of the notes, the Company (i) issued <font>176,667</font> shares to Dr. Herschkowitz, (ii) issued <font>176,667</font> shares to SOK, and (iii) the conversion price of the Herschkowitz Note and the SOK Note, respectively was changed to $<font>1.05</font> per share from $<font>4.88</font> per share.</font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In the event that the Company consummated the following series of transactions on or prior to June 30, 2013: (i) a merger or similar transaction with a public shell company, (ii) raising between $<font>2</font> million and $<font>4</font> million through an offering of the securities of the public shell company concurrent with or subsequent to the shell merger; and (iii) <font>listing the Company's shares on NASDAQ pursuant to an underwritten offering of the Company's securities resulting in gross proceeds of between $5 million and $30 million, then the Company would have been required to deliver to Dr. Herschkowitz the following compensation: (A) $75,000 upon consummating the shell merger, (B) $150,000 upon consummating the qualifying financing round; and (C) 3% of the gross proceeds of the NASDAQ underwriting, which payment shall under no circumstances be less than $200,000 or greater than $1,000,000. The Company was also required to reimburse Dr. Herschkowitz at his actual out-of-pocket cost for reasonable expenses incurred in connection with the shell transactions, with a maximum limit of $10,000 for such expenses.</font></font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt;">In connection with the extension of the due date for the Herschkowitz Note and the SOK Note on March 6, 2013, the milestone fees were revised. The following fees were payable to Dr. Herschkowitz in the event that the Company consummates the following series of transactions on or prior to December 31, 2013: </font><font><font style="font-size: 10pt;">(i) financing raising not less than $1 million, compensation of $75,000; (ii) a going private transaction, compensation of $200,000; and (iii) 3% of the gross proceeds of the NASDAQ underwriting, which payment shall under no circumstances be less than $200,000 or greater than $3,000,000. In May 2013 Dr. Herschkowitz received $75,000 after the Company surpassed raising $1 million. On January 6, 2014 a side-letter to the forbearance agreement was signed between Dr. Herschkowitz and the Company. Skyline agreed that the private offering for its Series A Convertible Preferred Stock, plus any future offering of any class of its preferred stock, shall be considered a NASDAQ underwriting for purposes of Section 8(e) of the Forbearance Agreement. As such Dr. Herschkowitz received $200,000 or 3% of the gross proceeds of any such offering per the terms of Section 8(e) of the Forbearance Agreement. In addition, any listing of the Company's shares on the New York Stock Exchange shall qualify as a NASDAQ underwriting under the Forbearance Agreement. For the avoidance of doubt, the payment in the aggregate for all offerings qualifying as a NASDAQ underwriting shall under no circumstances be less than $200,000 or greater than $1,000,000. Section 8(e) of the Forbearance Agreement will apply to any transactions consummated by Skyline on or before June 30, 2014.</font></font></font><font style="font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">As a result of the transactions under the Forbearance Agreement and other investments, Dr. Herschkowitz, SOK and their affiliates currently own shares of common stock and securities representing beneficial ownership of approximately 49% of the Company's outstanding common stock, giving such parties significant control over election of the Board of Directors and other matters.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On November 6, 2012, the Company issued and sold convertible promissory notes in the total principal amount of $<font>156,243</font> to Dr. Herschkowitz and certain of his assignees.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> The Company issued to these parties an aggregate <font>20,833</font> shares of common stock in consideration of placement of the notes. The notes bear interest at a rate of <font>20</font>% per annum and are secured by a security interest in the Company's accounts receivable, patents and certain patent rights and are convertible into common stock upon certain mergers or other fundamental transactions at a conversion price based on the trading price prior to the transaction. The proceeds from this transaction were used to pay off approximately $<font>155,000</font> in principal amount of secured indebtedness.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Such notes were converted in April 2013 into <font>13,889</font> shares of common stock at $<font>7.50</font> per share.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In December 2013 the Company received an additional $<font>300,000</font> in debt financing from SOK Partners under a non-convertible grid note due <font>February 28, 2014</font>, with <font>10</font>% interest based on a 365 day year. Dr. Herschkowitz received <font>10</font>% of the gross proceeds in advance, and the Company received $<font>250,000</font> in three tranches in December 2013. In January 2014, the Company received an additional $<font>20,000</font> from SOK Partners completing the grid note maximum. Should the company default on the note the interest rate will increase to <font>20</font>% interest based on a 365 day year. In February 2014, the Company wired $<font>305,589.04</font> to SOK Partners in complete payment of the grid note, including interest.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In connection with the sale of the Preferred Shares on February 4, 2014 as described in Note 3, Josh Kornberg, our CEO, was one of the Purchasers. Mr. Kornberg purchased <font>19,231</font> Preferred Shares for a purchase price of $<font>25,000</font> and received warrants to purchase <font>52</font> shares of common stock. As described in Note 1 under “Recent Developments,” in connection with the Company's proposed offering of Units, the holders of a majority of the Preferred Shares, including Mr. Kornberg, have, as of July 20, 2015, agreed to exchange all of the outstanding Preferred Shares for units with the same terms as the Units (the “Exchange Units”).</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <br/>On July 23, 2014, the Company entered into the a securities purchase agreement pursuant to which the Company agreed to issue and sell convertible notes and warrants to SOK, under the terms described in Note 4 of this Report. SOK's note (the “SOK Note”) had an original principal amount of $<font>122,196</font>, and the warrant issued to SOK (the “SOK Warrant”) was to initially acquire up to <font>5,431</font> additional shares of Common Stock for an aggregate purchase price of $<font>100,000</font> (with a reduced principal amount as described below representing an approximately <font>8.7</font>% original issue discount). Under a provision in the existing agreements, upon effectiveness of a resale registration statement covering certain shares, on September 9, 2014, the principal amount of the SOK Note was reduced to $<font>108,696</font> and the number of SOK Warrants was reduced to <font>4,831</font> shares. As described in Note 1 under “Recent Developments,” in connection with the Company's proposed offering of Units, the holders of the Convertible Notes have agreed to not exercise their right to convert the Convertible Notes into shares of the Company's common stock, in exchange for the Company's agreement to redeem all of the outstanding Convertible Notes promptly following the consummation of the Company's offering of Units at a redemption price equal to <font>140</font>% of the principal amount, plus accrued and unpaid interest to the redemption date.<br/></font></p>
</div>
2013-08-31
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">listing the Company's shares on NASDAQ pursuant to an underwritten offering of the Company's securities resulting in gross proceeds of between $5 million and $30 million, then the Company would have been required to deliver to Dr. Herschkowitz the following compensation: (A) $75,000 upon consummating the shell merger, (B) $150,000 upon consummating the qualifying financing round; and (C) 3% of the gross proceeds of the NASDAQ underwriting, which payment shall under no circumstances be less than $200,000 or greater than $1,000,000. The Company was also required to reimburse Dr. Herschkowitz at his actual out-of-pocket cost for reasonable expenses incurred in connection with the shell transactions, with a maximum limit of $10,000 for such expenses.</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"><font style="font-size: 10pt;">(i) financing raising not less than $1 million, compensation of $75,000; (ii) a going private transaction, compensation of $200,000; and (iii) 3% of the gross proceeds of the NASDAQ underwriting, which payment shall under no circumstances be less than $200,000 or greater than $3,000,000. In May 2013 Dr. Herschkowitz received $75,000 after the Company surpassed raising $1 million. On January 6, 2014 a side-letter to the forbearance agreement was signed between Dr. Herschkowitz and the Company. Skyline agreed that the private offering for its Series A Convertible Preferred Stock, plus any future offering of any class of its preferred stock, shall be considered a NASDAQ underwriting for purposes of Section 8(e) of the Forbearance Agreement. As such Dr. Herschkowitz received $200,000 or 3% of the gross proceeds of any such offering per the terms of Section 8(e) of the Forbearance Agreement. In addition, any listing of the Company's shares on the New York Stock Exchange shall qualify as a NASDAQ underwriting under the Forbearance Agreement. For the avoidance of doubt, the payment in the aggregate for all offerings qualifying as a NASDAQ underwriting shall under no circumstances be less than $200,000 or greater than $1,000,000. Section 8(e) of the Forbearance Agreement will apply to any transactions consummated by Skyline on or before June 30, 2014.</font></div>
2014-02-28
1.00
0.04
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 10 – RETIREMENT SAVINGS PLAN</strong></font></p> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">We have a pre-tax salary reduction/profit-sharing plan under the provisions of Section 401(k) of the Internal Revenue Code, which covers employees meeting certain eligibility requirements. In </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">fiscal </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2015</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014, we matched <font>100</font>%, of the employee's contribution up to <font>4</font>% of their earnings. The employer contribution was $</font><font><font style="font-family: 'Times New Roman'; font-size: 10pt;"></font><font><font style="font-family: 'Times New Roman'; font-size: 10pt;">6,652</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"></font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">and $</font><font><font style="font-family: 'Times New Roman'; font-size: 10pt;"></font><font><font style="font-family: 'Times New Roman'; font-size: 10pt;">14,713</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"></font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> for the three and six months ending June 30, 2015 and was $<font>8,171</font> and $<font>12,304</font> for the three and six months ending June 30, 2014, respectively. </font></p> </div>
6652
14713
500000
200000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 11 – COMMITMENTS AND CONTINGENCIES</strong></font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> On July 17, 2014, Skyline Medical Inc. (the “Company”) and a stockholder entered into a settlement agreement and release (the “Settlement Agreement”) with Marshall Ryan (“Ryan”) and a company related to Ryan (together, the “Plaintiffs”). The settlement relates to a previously disclosed lawsuit by the Plaintiffs initiated in March 2014. Ryan is an engineer who previously worked with the Company on design of certain of the Company's products. The lawsuit alleged among other things, breach of a 2008 consulting agreement, a 2006 manufacturing agreement and a 2006 supply agreement among the Plaintiffs and the Company, various claims of fraud and negligent misrepresentation, and breach of the duty of good faith and fair dealing.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Under the Settlement Agreement, the parties have agreed that the lawsuit will be dismissed. The Company has agreed to pay Ryan an aggregate of $<font>500,000</font> in various cash installments through April 25, 2015, which amount includes $<font>200,000</font> in installments that are payable during the remainder of 2014. The Settlement Agreement, among other things, extinguishes any prior claims of Plaintiffs for royalties or other alleged rights to payments under their prior agreements with the Company. <font>Payment of the outstanding balance under the Settlement Agreement will be accelerated if the Company raises $2 million or more of gross dollars in a single funding round or raises aggregate funding of $4 million of gross dollars on or before April 10, 2015</font>. If the Company defaults on the required cash payments and fails to cure as provided in the Settlement Agreement, then Ryan will have the option to either sue Skyline to enforce the Settlement Agreement or rescind the Settlement Agreement, including returning all payments previously made thereunder.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Settlement Agreement also contains mutual releases covering claims other than a breach of the Settlement Agreement. In the Settlement Agreement, Ryan fully, unconditionally and irrevocably affirms and ratifies the Company's rights to Ryan's prior patent assignments, and disclaims any right, title or interest in the Company's Streamway product including any claims to royalties both past and future. In addition, the parties confirmed that the patents related to the Streamway product belong exclusively to Skyline and remain in full force and effect.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On April 27, 2015, the Company entered into a Third Extension of Settlement Agreement (the “Third Extension”) with Ryan and the Plaintiffs. Under the Third Extension the parties have agreed that in consideration for this Memorandum of Understanding Skyline will pay Ryan $<font>50,000</font> to be added to the current balance; Skyline will pay <font>18</font>% interest on the current balance retroactive to certain dates; all payments will be made in full by no later than June 2, 2015, except <font>that if Skyline obtains gross funding, as measured from all its funding and revenue beginning on April 1, 2015, in the amounts specified below, payment shall accelerate as follows: if Skyline obtains gross funding of at least $2,000,000 or more but less than $4,000,000, it shall immediately pay $250,000 to Ryan toward the current balance; if Skyline obtain gross funding of at least $4,000,000 or more, it shall immediately pay any portion of the current balance, third extension payment and interest not already paid. Additionally, incremental payments to be deducted from the current balance will be made in the following amounts: Skyline will pay $15,000 on or before May 29, 2015.</font> The incremental payment, if made, will be deducted from the December 24, 2015 payment due pursuant to Paragraph 1.3 of the Settlement Agreement.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><em>Darryl C. Demaray, Brady P. Farrell, Christopher S. Howell and Ronald W. Walters v. Skyline Medical Inc.</em> On April 29, 2015, the plaintiffs filed an action in District Court in Dakota County, Minnesota against the Company. The <font>four</font> plaintiffs are current or former employees of the Company who were or are each engaged as a Regional Sales Manager. The action alleges, among other things, breach of employment agreements, failure to pay certain cash and non-cash compensation, negligent misrepresentation and unjust enrichment. The plaintiffs are seeking the amounts they claim are due, in addition to, among other things, certain penalties and certain attorney's fees and costs. The Company's records indicate that certain amounts are owing to these individuals. The Company intends to defend against the claims vigorously.</font></p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">Payment of the outstanding balance under the Settlement Agreement will be accelerated if the Company raises $2 million or more of gross dollars in a single funding round or raises aggregate funding of $4 million of gross dollars on or before April 10, 2015</div>
50000
0.18
53355
593426
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">that if Skyline obtains gross funding, as measured from all its funding and revenue beginning on April 1, 2015, in the amounts specified below, payment shall accelerate as follows: if Skyline obtains gross funding of at least $2,000,000 or more but less than $4,000,000, it shall immediately pay $250,000 to Ryan toward the current balance; if Skyline obtain gross funding of at least $4,000,000 or more, it shall immediately pay any portion of the current balance, third extension payment and interest not already paid. Additionally, incremental payments to be deducted from the current balance will be made in the following amounts: Skyline will pay $15,000 on or before May 29, 2015.</div>
4
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 12 – SUPPLEMENTAL CASH FLOW DATA</strong></font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash payments for interest were $<font>441</font> and $<font>10,161</font> for the three and six months ended June 30, 2015 and were $<font>3,468</font> and $<font>21,606</font> for the three and six months ended June 30, 2014.</font></p>
</div>
Skyline Medical Inc.
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S-1
2015-06-30
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p><font style="font-family: 'times new roman', times; font-size: 10pt;"><b>NOTE 4 – SHORT-TERM NOTES PAYABLE</b> </font><br/></p> <div style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0pt; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: block;"> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: 'Times New Roman'; font-size: 10pt;">From July through September 2014, we entered into a series of securities purchase agreements pursuant to which we issued approximately $<font>1.8</font> </font><font style="display: inline; font-family: 'Times New Roman'; font-size: 10pt;">million original principal amount (subsequently reduced to approximately $<font>1.6</font> million aggregate principal amount in accordance with their terms) of convertible promissory notes (the “2014 Convertible Notes”) and warrants exercisable for shares of our common stock for an aggregate purchase price of $<font>1,475,000</font>. Of this amount, we issued to SOK Partners, LLC, an affiliate of the Company, $<font>122,196</font> original principal amount of the 2014 Convertible Notes and warrants exercisable for <font>5,431</font> shares of our common stock for an aggregate purchase price of $<font>100,000</font>. In April and May 2015, we issued and sold to a private investor additional Convertible Notes in an aggregate original principal amount of $<font>275,000</font> for an aggregate purchase price of $<font>250,000</font>, containing terms substantially similar to the 2014 Convertible Notes (the “2015 Convertible Notes” and, together with the 2014 Convertible Notes, the “Convertible Notes”). No warrants were issued with the 2015 Convertible Notes.</font></div> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: 'Times New Roman'; font-size: 10pt;"> </font></div> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: 'Times New Roman'; font-size: 10pt;">Under a provision in the existing agreements, upon effectiveness of a resale registration statement covering certain shares, on September 9, 2014, the principal amount of the notes was reduced by <font>11</font>%, to $<font>1,603,260</font> and the number of Warrants was reduced by <font>11</font>%, to <font>71,257</font> shares.</font></div> <br/></div> <div style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0pt; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: 'Times New Roman'; font-size: 10pt;">As of June 30, 2015, $<font>927,663</font> aggregate principal amount of Convertible Notes, plus accrued and unpaid interest thereto, have been converted into shares of our common stock and $<font>933,073</font> aggregate principal amount of Convertible Notes remains outstanding.</font></div> <div style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0pt; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: block;"><br/></div> <div style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0pt; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: block; margin-left: 0pt; margin-right: 0pt;"> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: 'Times New Roman'; font-size: 10pt;">As described in Note 1 under “Subsequent Events”, in connection with the Company's proposed offering of Units, the holders of the Convertible Notes have agreed to not exercise their right to convert the Convertible Notes into shares of the Company's common stock, in exchange for the Company's agreement to redeem all of the outstanding Convertible Notes promptly following the consummation of the Company's offering of Units at a redemption price equal to <font>140</font>% of the principal amount, plus accrued and unpaid interest to the redemption date. The Company estimates that the total redemption price to redeem all outstanding Convertible Notes will be approximately $<font>1.4</font> million. Of this amount, approximately $<font>167,031</font> will be paid to its affiliates in redemption of their Convertible Notes.  Each holder of the Convertible Notes that has agreed to the foregoing terms has entered into an Amendment to Senior Convertible Notes and Agreement with the Company.</font></div> </div> </div>
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1576
1597
13.50
546
5
7360
7365
20.25
5040
50
102010
102060
4.88
133
1
649
650
9.38
13333
133
124867
125000
5.25
227
2
1188
1190
5.63
1556
16
1151
1167
1505270
1505270
-9406304
63040
148761
723367
3700070
112054
239290
247338
413695
-39696
57534
245192
-23034
129427
33179
1132410
429033
1594468
776548
-64000
69000
-3371413
-3855166
101409
162761
19828
53355
-121237
-216116
1500000
1822718
305000
2055000
157081
2337378
3407081
4160096
-85569
88814
13139
415775
694500
402669
480616
2318568
100521
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Accounting Policies and Estimates</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div>
</div>
9168000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 1 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Nature of Operations and Continuance of Operations</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Skyline Medical Inc. (the "Company") was incorporated under the laws of the State of Minnesota in 2002. Effective August 6, 2013, the Company changed its name to Skyline Medical Inc. As of December 31, 2014, the registrant had <font>3,092,766</font> shares of common stock, par value $<font>.01 </font>per share, outstanding, adjusted for a <font>1-for-75</font> reverse stock split effective October 24, 2014. In this Report, all numbers of shares and per share amounts, as appropriate, have been stated to reflect the reverse stock split. Pursuant to an Agreement and Plan of Merger dated effective December 16, 2013, the Company merged with and into a Delaware corporation with the same name that was its wholly-owned subsidiary, with such Delaware Corporation as the surviving corporation of the merger. The Company has developed an environmentally safe system for the collection and disposal of infectious fluids that result from surgical procedures and post-operative care. The Company also makes ongoing sales of our proprietary cleaning fluid and filters to users of our systems. In April 2009, the Company received 510(k) clearance from the FDA to authorize the Company to market and sell its STREAMWAY FMS products.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has suffered recurring losses from operations and has a stockholders' deficit. These factors raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. In September 2014, we filed a registration statement with the SEC in connection with a proposed public offering of common stock and warrants. We continue to pursue this public offering, with the intention of listing our common stock on NASDAQ, and we intend to update the registration statement as soon as possible following the filing of this report. We also are seeking additional financing through one or more private placements of securities.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">  </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Since inception to December 31, 2014, the Company raised approximately $<font>9,168,000</font> in equity, inclusive of $<font>2,055,000</font> from a private placement of Series A Convertible Preferred Stock, and $<font>5,435,000</font> in debt financing. See “Management's Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources.”</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Recent Accounting Developments</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, <font style="font-style: italic; display: inline;">Revenue from Contracts with Customers </font>and created a new topic in the FASB Accounting Standards Codification ("ASC"), Topic 606. The new standard provides a single comprehensive revenue recognition framework for all entities and supersedes nearly all existing U.S. GAAP revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that an entity should recognize revenue in a manner that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard is designed to create greater comparability for financial statement users across industries and also requires enhanced disclosures. The amendments are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is not permitted. We are currently evaluating the impact this guidance may have on our financial statements and related disclosures.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In June 2014, the FASB issued ASU 2014-10, <font style="font-style: italic; display: inline;">Development Stage Entities </font>(Topic 915): Elimination of Certain Financial Reporting </font><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company evaluated and adopted ASU 2014-10 during the year 2014.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In June 2014, the FASB issued ASU 2014-12, <font style="font-style: italic; display: inline;">"Compensation - Stock Compensation" </font>providing explicit guidance on how to account for share-based payments granted to employees in which the terms of the award provide that a performance target that affects vesting could be achieved after the requisite service period. The amendments in this Update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted. We are currently evaluating the impact this guidance may have on our financial statements.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">We reviewed all other significant newly issued accounting pronouncements and determined they are either not applicable to our business or that <font>no</font> material effect is expected on our financial position and results of our operations.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Valuation of Intangible Assets</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">We review identifiable intangible assets for impairment in accordance with ASC 350 — Intangibles —Goodwill and Other, whenever events or changes in circumstances indicate the carrying amount may not be recoverable. Our intangible assets are currently solely the costs of obtaining trademarks and patents. Events or changes in circumstances that indicate the carrying amount may not be recoverable include, but are not limited to, a significant change in the medical device marketplace and a significant adverse change in the business climate in which we operate. If such events or changes in circumstances are present, the undiscounted cash flows method is used to determine whether the intangible asset is impaired. Cash flows would include the estimated terminal value of the asset and exclude any interest charges. If the carrying value of the asset exceeds the undiscounted cash flows over the estimated remaining life of the asset, the asset is considered impaired, and the impairment is measured by reducing the carrying value of the asset to its fair value using the discounted cash flows method. The discount rate utilized is based on management's best estimate of the related risks and return at the time the impairment assessment is made. The Company wrote off the entire original STREAMWAY FMS product patent of $<font>140,588</font> in June 2013. The balance represented intellectual property in the form of patents for our original STREAMWAY FMS product. The Company's enhanced STREAMWAY FMS product has a new patent pending.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Accounting Policies and Estimates</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Presentation of Taxes Collected from Customers</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Sales taxes are imposed on the Company's sales to nonexempt customers. The Company collects the taxes from customers and remits the entire amounts to the governmental authorities. The Company's accounting policy is to exclude the taxes collected and remitted from revenues and expenses.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Shipping and Handling</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Shipping and handling charges billed to customers are recorded as revenue. Shipping and handling costs are recorded within cost of goods sold on the statement of operations.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Advertising</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Advertising costs are expensed as incurred. Advertising expenses were $<font>19,394</font> in 2014, and there were no advertising expenses in 2013.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Research and Development</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Research and development costs are charged to operations as incurred.  Research and development costs were approximately <font>$394,000</font> and<font> $235,000</font> for 2014 and 2013, respectively.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Revenue Recognition</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company recognizes revenue in accordance with the SEC's Staff Accounting Bulletin Topic 13 Revenue Recognition and ASC 605- Revenue Recognition.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred, the fee is fixed and determinable and collectability is probable. Delivery is considered to have occurred upon either shipment of the product or arrival at its destination based on the shipping terms of the transaction. The Company's standard terms specify that shipment is FOB Skyline and the Company will, therefore, recognize revenue upon shipment in most cases. This revenue recognition policy applies to shipments of the STREAMWAY FMS units as well as shipments of cleaning solution kits. When these conditions are satisfied, the Company recognizes gross product revenue, which is the price it charges generally to its customers for a particular product. Under the Company's standard terms and conditions, there is no provision for installation or acceptance of the product to take place prior to the obligation of the customer. The customer's right of return is limited only to the Company's standard one-year warranty whereby the Company replaces or repairs, at its option, and it would be rare that the STREAMWAY FMS unit or significant quantities of cleaning solution kits may be returned. Additionally, since the Company buys both the STREAMWAY FMS units and cleaning solution kits from “turnkey” suppliers, the Company would have the right to replacements from the suppliers if this situation should occur.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Receivables</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Receivables are reported at the amount the Company expects to collect on balances outstanding. The Company provides for probable uncollectible amounts through charges to earnings and credits to the valuation based on management's assessment of the current status of individual accounts, changes to the valuation allowance have not been material to the financial statements.</font></div>
</div>
<div style="text-indent: 0pt; display: block;"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"><font style="display: inline; font-weight: bold;">Inventories</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Inventories are stated at the lower of cost or market, with cost determined on a first-in, first-out basis. Inventory balances are as follows:</font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div>
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" colspan="6" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">December 31,</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="padding: 0px;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
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<tr>
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<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2014</font></strong></div>
</td>
<td style="font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td nowrap="nowrap" valign="bottom" colspan="2" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2013</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="padding: 0px;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="right" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 78%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Finished goods</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>88,362</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>56,818</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Raw materials</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>237,556</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>18,603</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Work-In-Process</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>41,449</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>46,754</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>367,367</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>122,175</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div><div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Property and Equipment</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives of the respective assets. Estimated useful asset life by classification is as follows:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div align="left">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-family: 'Times New Roman';" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; text-align: center;border-bottom-width: 1pt !important;border-bottom-style: solid !important;border-bottom-color: rgb(0, 0, 0) !important;" nowrap="nowrap">
<div style="text-align: center; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="font-size: 8pt;"><strong>Years</strong></font></div>
</td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" style="width: 88%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Computers and office equipment</font></div>
</td>
<td style="font-family: 'Times New Roman'; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman'; width: 9%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font> - <font>7</font></font></td>
<td style="text-align: left; font-family: 'times new roman'; width: 1%;" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: white;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Leasehold improvements</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>5</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Manufacturing Tooling</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font> - <font>7</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: white;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Demo Equipment</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
</table>
</div>
</div>
</div>
<div align="left">
<div class="CursorPointer"> <br/></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company's investment in Fixed Assets consists of the following:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div>
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; padding: 0px;" nowrap="nowrap" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong> December 31,</strong></font></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong>2014</strong></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px;" align="left"><font style="font-size: 8pt;"><strong> </strong></font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px;" align="left"><font style="font-size: 8pt;"><strong> </strong></font></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" nowrap="nowrap" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong>2013</strong></font></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 78%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Computers and office equipment</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>123,708</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>61,505</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Leasehold Improvements</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>23,874</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>23,614</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Manufacturing Tooling</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>97,288</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>89,900</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Demo Equipment</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>30,576</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="right"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Total</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>275,446</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>175,019</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Less: Accumulated Depreciation</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>78,967</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>16,909</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Total Fixed Assets, Net</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>196,479</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>158,110</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Upon retirement or sale, the cost and related accumulated depreciation are removed from the balance sheet and the resulting gain or loss is reflected in operations. Maintenance and repairs are charged to operations as incurred.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Intangible Assets</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Intangible assets consist of trademarks and patent costs. These assets are not subject to amortization until the property patented is in production. The assets are reviewed for impairment annually, and impairment losses, if any, are charged to operations when identified.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Income Taxes</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company accounts for income taxes in accordance with ASC 740- <font style="font-style: italic; display: inline;">Income Taxes (“ASC 740”)</font>. Under ASC 740, deferred tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and net operating loss and credit carryforwards using enacted tax rates in effect for the year in which the differences are expected to impact taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company reviews income tax positions expected to be taken in income tax returns to determine if there are any income tax uncertainties. The Company recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on technical merits of the positions. The Company has identified no income tax uncertainties.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">  </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Tax years subsequent to 2011 remain open to examination by federal and state tax authorities.</font></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Patents and Intellectual Property</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On January 25th, 2014 the Company filed a non-provisional PCT Application No. PCT/US2014/013081 claiming priority from the U.S. Provisional Patent Application, number 61756763 which was filed one year earlier on January 25th, 2013. The Patent Cooperation Treaty (“PCT”) allows an applicant to file a single patent application to seek patent protection for an invention simultaneously in each of the 148 countries of the PCT, including the United States. By filing this single “international” patent application through the PCT, it is easier and more cost effective than filing separate applications directly with each national or regional patent office in which patent protection is desired.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Our PCT patent application is for the new model of the surgical fluid waste management system. We obtained a favorable International Search Report from the PCT searching authority indicating that the claims in our PCT application are patentable (i.e., novel and non-obvious) over the cited prior art. A feature claimed in the PCT application is the ability to maintain continuous suction to the surgical field while measuring, recording and evacuating fluid to the facilities sewer drainage system. This provides for continuous operation of the STREAMWAY System unit in suctioning waste fluids, which means that suction is not interrupted during a surgical operation, for example, to empty a fluid collection container or otherwise dispose of the collected fluid.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company holds the following granted patents in the United States and a pending application in the United States on its earlier models: US7469727, US8123731 and U.S. Publication No. US20090216205 (collectively, the “Patents”). These Patents will begin to expire on August 8, 2023.</font></div>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Presentation of Taxes Collected from Customers</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Sales taxes are imposed on the Company's sales to nonexempt customers. The Company collects the taxes from customers and remits the entire amounts to the governmental authorities. The Company's accounting policy is to exclude the taxes collected and remitted from revenues and expenses.</font></div>
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Shipping and Handling</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Shipping and handling charges billed to customers are recorded as revenue. Shipping and handling costs are recorded within cost of goods sold on the statement of operations.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Advertising</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Advertising costs are expensed as incurred. Advertising expenses were $<font>19,394</font> in 2014, and there were no advertising expenses in 2013.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Research and Development</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Research and development costs are charged to operations as incurred.  Research and development costs were approximately <font>$394,000</font> and<font> $235,000</font> for 2014 and 2013, respectively.</font></div>
</div>
2055000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Nature of Operations and Continuance of Operations</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Skyline Medical Inc. (the "Company") was incorporated under the laws of the State of Minnesota in 2002. Effective August 6, 2013, the Company changed its name to Skyline Medical Inc. As of December 31, 2014, the registrant had <font>3,092,766</font> shares of common stock, par value $<font>.01 </font>per share, outstanding, adjusted for a <font>1-for-75</font> reverse stock split effective October 24, 2014. In this Report, all numbers of shares and per share amounts, as appropriate, have been stated to reflect the reverse stock split. Pursuant to an Agreement and Plan of Merger dated effective December 16, 2013, the Company merged with and into a Delaware corporation with the same name that was its wholly-owned subsidiary, with such Delaware Corporation as the surviving corporation of the merger. The Company has developed an environmentally safe system for the collection and disposal of infectious fluids that result from surgical procedures and post-operative care. The Company also makes ongoing sales of our proprietary cleaning fluid and filters to users of our systems. In April 2009, the Company received 510(k) clearance from the FDA to authorize the Company to market and sell its STREAMWAY FMS products.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The accompanying financial statements have been prepared assuming the Company will continue as a going concern. The Company has suffered recurring losses from operations and has a stockholders' deficit. These factors raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. In September 2014, we filed a registration statement with the SEC in connection with a proposed public offering of common stock and warrants. We continue to pursue this public offering, with the intention of listing our common stock on NASDAQ, and we intend to update the registration statement as soon as possible following the filing of this report. We also are seeking additional financing through one or more private placements of securities.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">  </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Since inception to December 31, 2014, the Company raised approximately $<font>9,168,000</font> in equity, inclusive of $<font>2,055,000</font> from a private placement of Series A Convertible Preferred Stock, and $<font>5,435,000</font> in debt financing. See “Management's Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources.”</font></div>
</div>
5435000
140588
19394
56818
18603
46754
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Recent Accounting Developments</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, <font style="font-style: italic; display: inline;">Revenue from Contracts with Customers </font>and created a new topic in the FASB Accounting Standards Codification ("ASC"), Topic 606. The new standard provides a single comprehensive revenue recognition framework for all entities and supersedes nearly all existing U.S. GAAP revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that an entity should recognize revenue in a manner that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard is designed to create greater comparability for financial statement users across industries and also requires enhanced disclosures. The amendments are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is not permitted. We are currently evaluating the impact this guidance may have on our financial statements and related disclosures.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In June 2014, the FASB issued ASU 2014-10, <font style="font-style: italic; display: inline;">Development Stage Entities </font>(Topic 915): Elimination of Certain Financial Reporting </font><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Requirements. ASU 2014-10 eliminates the distinction of a development stage entity and certain related disclosure requirements, including the elimination of inception-to-date information on the statements of operations, cash flows and stockholders' equity. The amendments in ASU 2014-10 will be effective prospectively for annual reporting periods beginning after December 15, 2014, and interim periods within those annual periods, however early adoption is permitted. The Company evaluated and adopted ASU 2014-10 during the year 2014.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In June 2014, the FASB issued ASU 2014-12, <font style="font-style: italic; display: inline;">"Compensation - Stock Compensation" </font>providing explicit guidance on how to account for share-based payments granted to employees in which the terms of the award provide that a performance target that affects vesting could be achieved after the requisite service period. The amendments in this Update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Early adoption is permitted. We are currently evaluating the impact this guidance may have on our financial statements.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">We reviewed all other significant newly issued accounting pronouncements and determined they are either not applicable to our business or that <font>no</font> material effect is expected on our financial position and results of our operations.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Valuation of Intangible Assets</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">We review identifiable intangible assets for impairment in accordance with ASC 350 — Intangibles —Goodwill and Other, whenever events or changes in circumstances indicate the carrying amount may not be recoverable. Our intangible assets are currently solely the costs of obtaining trademarks and patents. Events or changes in circumstances that indicate the carrying amount may not be recoverable include, but are not limited to, a significant change in the medical device marketplace and a significant adverse change in the business climate in which we operate. If such events or changes in circumstances are present, the undiscounted cash flows method is used to determine whether the intangible asset is impaired. Cash flows would include the estimated terminal value of the asset and exclude any interest charges. If the carrying value of the asset exceeds the undiscounted cash flows over the estimated remaining life of the asset, the asset is considered impaired, and the impairment is measured by reducing the carrying value of the asset to its fair value using the discounted cash flows method. The discount rate utilized is based on management's best estimate of the related risks and return at the time the impairment assessment is made. The Company wrote off the entire original STREAMWAY FMS product patent of $<font>140,588</font> in June 2013. The balance represented intellectual property in the form of patents for our original STREAMWAY FMS product. The Company's enhanced STREAMWAY FMS product has a new patent pending.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Revenue Recognition</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company recognizes revenue in accordance with the SEC's Staff Accounting Bulletin Topic 13 Revenue Recognition and ASC 605- Revenue Recognition.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred, the fee is fixed and determinable and collectability is probable. Delivery is considered to have occurred upon either shipment of the product or arrival at its destination based on the shipping terms of the transaction. The Company's standard terms specify that shipment is FOB Skyline and the Company will, therefore, recognize revenue upon shipment in most cases. This revenue recognition policy applies to shipments of the STREAMWAY FMS units as well as shipments of cleaning solution kits. When these conditions are satisfied, the Company recognizes gross product revenue, which is the price it charges generally to its customers for a particular product. Under the Company's standard terms and conditions, there is no provision for installation or acceptance of the product to take place prior to the obligation of the customer. The customer's right of return is limited only to the Company's standard one-year warranty whereby the Company replaces or repairs, at its option, and it would be rare that the STREAMWAY FMS unit or significant quantities of cleaning solution kits may be returned. Additionally, since the Company buys both the STREAMWAY FMS units and cleaning solution kits from “turnkey” suppliers, the Company would have the right to replacements from the suppliers if this situation should occur.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Receivables</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Receivables are reported at the amount the Company expects to collect on balances outstanding. The Company provides for probable uncollectible amounts through charges to earnings and credits to the valuation based on management's assessment of the current status of individual accounts, changes to the valuation allowance have not been material to the financial statements.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"><font style="display: inline; font-weight: bold;">Inventories</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Inventories are stated at the lower of cost or market, with cost determined on a first-in, first-out basis. Inventory balances are as follows:</font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">December 31,</font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2014</font></strong></div>
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</td>
<td nowrap="nowrap" valign="bottom" style="padding: 0px;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="right" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 78%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Finished goods</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>88,362</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>56,818</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Raw materials</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>237,556</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>18,603</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Work-In-Process</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>41,449</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>46,754</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>367,367</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>122,175</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
</div>
P3Y
P7Y
P5Y
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Property and Equipment</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives of the respective assets. Estimated useful asset life by classification is as follows:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div align="left">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-family: 'Times New Roman';" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; text-align: center;border-bottom-width: 1pt !important;border-bottom-style: solid !important;border-bottom-color: rgb(0, 0, 0) !important;" nowrap="nowrap">
<div style="text-align: center; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="font-size: 8pt;"><strong>Years</strong></font></div>
</td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" style="width: 88%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Computers and office equipment</font></div>
</td>
<td style="font-family: 'Times New Roman'; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman'; width: 9%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font> - <font>7</font></font></td>
<td style="text-align: left; font-family: 'times new roman'; width: 1%;" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: white;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Leasehold improvements</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>5</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Manufacturing Tooling</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font> - <font>7</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: white;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Demo Equipment</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
</table>
</div>
</div>
</div>
<div align="left">
<div class="CursorPointer"> <br/></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company's investment in Fixed Assets consists of the following:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div>
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; padding: 0px;" nowrap="nowrap" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong> December 31,</strong></font></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong>2014</strong></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px;" align="left"><font style="font-size: 8pt;"><strong> </strong></font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px;" align="left"><font style="font-size: 8pt;"><strong> </strong></font></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" nowrap="nowrap" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong>2013</strong></font></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 78%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Computers and office equipment</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>123,708</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>61,505</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Leasehold Improvements</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>23,874</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>23,614</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Manufacturing Tooling</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>97,288</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>89,900</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Demo Equipment</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>30,576</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="right"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Total</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>275,446</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>175,019</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Less: Accumulated Depreciation</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>78,967</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>16,909</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Total Fixed Assets, Net</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>196,479</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>158,110</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Upon retirement or sale, the cost and related accumulated depreciation are removed from the balance sheet and the resulting gain or loss is reflected in operations. Maintenance and repairs are charged to operations as incurred.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Intangible Assets</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Intangible assets consist of trademarks and patent costs. These assets are not subject to amortization until the property patented is in production. The assets are reviewed for impairment annually, and impairment losses, if any, are charged to operations when identified.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Income Taxes</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company accounts for income taxes in accordance with ASC 740- <font style="font-style: italic; display: inline;">Income Taxes (“ASC 740”)</font>. Under ASC 740, deferred tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and net operating loss and credit carryforwards using enacted tax rates in effect for the year in which the differences are expected to impact taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company reviews income tax positions expected to be taken in income tax returns to determine if there are any income tax uncertainties. The Company recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on technical merits of the positions. The Company has identified no income tax uncertainties.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">  </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Tax years subsequent to 2011 remain open to examination by federal and state tax authorities.</font></div>
</div>
P3Y
P7Y
P3Y
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Patents and Intellectual Property</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On January 25th, 2014 the Company filed a non-provisional PCT Application No. PCT/US2014/013081 claiming priority from the U.S. Provisional Patent Application, number 61756763 which was filed one year earlier on January 25th, 2013. The Patent Cooperation Treaty (“PCT”) allows an applicant to file a single patent application to seek patent protection for an invention simultaneously in each of the 148 countries of the PCT, including the United States. By filing this single “international” patent application through the PCT, it is easier and more cost effective than filing separate applications directly with each national or regional patent office in which patent protection is desired.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Our PCT patent application is for the new model of the surgical fluid waste management system. We obtained a favorable International Search Report from the PCT searching authority indicating that the claims in our PCT application are patentable (i.e., novel and non-obvious) over the cited prior art. A feature claimed in the PCT application is the ability to maintain continuous suction to the surgical field while measuring, recording and evacuating fluid to the facilities sewer drainage system. This provides for continuous operation of the STREAMWAY System unit in suctioning waste fluids, which means that suction is not interrupted during a surgical operation, for example, to empty a fluid collection container or otherwise dispose of the collected fluid.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company holds the following granted patents in the United States and a pending application in the United States on its earlier models: US7469727, US8123731 and U.S. Publication No. US20090216205 (collectively, the “Patents”). These Patents will begin to expire on August 8, 2023.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" colspan="6" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">December 31,</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="padding: 0px;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2014</font></strong></div>
</td>
<td style="font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td nowrap="nowrap" valign="bottom" colspan="2" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">2013</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="padding: 0px;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px 4px 0px 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="right" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 78%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Finished goods</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>88,362</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>56,818</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Raw materials</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>237,556</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>18,603</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Work-In-Process</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>41,449</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>46,754</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>367,367</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>122,175</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div align="left">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-family: 'Times New Roman';" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; text-align: center;border-bottom-width: 1pt !important;border-bottom-style: solid !important;border-bottom-color: rgb(0, 0, 0) !important;" nowrap="nowrap">
<div style="text-align: center; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="font-size: 8pt;"><strong>Years</strong></font></div>
</td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" style="width: 88%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Computers and office equipment</font></div>
</td>
<td style="font-family: 'Times New Roman'; width: 1%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman'; width: 9%;"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font> - <font>7</font></font></td>
<td style="text-align: left; font-family: 'times new roman'; width: 1%;" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: white;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Leasehold improvements</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>5</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Manufacturing Tooling</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font> - <font>7</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr style="background-color: white;">
<td align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Demo Equipment</font></div>
</td>
<td style="font-family: 'Times New Roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="text-align: center; font-family: 'times new roman';"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>3</font></font></td>
<td style="text-align: left; font-family: 'times new roman';" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
</table>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; padding: 0px;" nowrap="nowrap" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong> December 31,</strong></font></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong>2014</strong></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px;" align="left"><font style="font-size: 8pt;"><strong> </strong></font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px;" align="left"><font style="font-size: 8pt;"><strong> </strong></font></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" nowrap="nowrap" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-size: 8pt;"><strong>2013</strong></font></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 78%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Computers and office equipment</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>123,708</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>61,505</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Leasehold Improvements</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>23,874</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>23,614</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Manufacturing Tooling</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>97,288</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>89,900</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Demo Equipment</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>30,576</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="right"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Total</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>275,446</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 4px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>175,019</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Less: Accumulated Depreciation</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>78,967</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>16,909</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; /* font-weight: bold; */">Total Fixed Assets, Net</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>196,479</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 4px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>158,110</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
61505
23614
89900
175019
16909
394000
235000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">1-for-75</div>
0
3092766
125.25
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 2 – DEVELOPMENT STAGE OPERATIONS</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company was formed April 23, 2002. Since inception through December 31, 2014, <font>3,092,766</font> shares of common stock have been issued between par value and $<font>125.25</font>. Operations since incorporation have primarily been devoted to raising capital, obtaining financing, development of the Company's product, administrative services, customer acceptance and sales and marketing strategies.</font></div>
</div>
P10Y
2055000
0.01
21334
24.38
61539
19.50
9.75
0.0499
71257
0.08
300000
33333
9.00
33333
11.25
77644
2667
9.00
95238
95238
11.25
500000
0.01
5.25
500000
95239
6.00
47619
11.25
2667
4444
0.75
156243
11169
14881
7.50
4762
0.08
1000000
80000
13.50
P5Y
61481
14.85
275640
5926
13.50
7.50
11.25
34.50
1044490
139265
87117
9.38
18.75
125000
13333
0.0078
0.0204
0.00
0.59
0.66
1.43
18.34
4336
1.25
15442
21538
20550
2055000
24.38
1482
0.06
19.50
970
4444
11.25
3333
3725
0.06
19.50
1561
5431
12.38
0.11
4831
12.38
28986
12.38
0.11
61539
24.38
37440
12.38
0.11
0.06
19.50
1561
13700
0.01
0.06
1559
0.0144
0.0275
0.00
0.59
0.66
P5Y
P10Y
3.2006
13.9195
168856
6.75
468431
9.75
239816
6.75
343196
9.00
15467
18.00
111025
13.50
7472
0.75
238682
8.25
385733
6.75
461920
10.50
75683
8.12
161375
3.81
7879
23.58
81851
13.54
4936
1.76
40722
8.38
448601
7.51
500722
7.95
429930
7.19
P7Y11M8D
723367
3700070
198220
P16M
0.75
7333
P6Y6M7D
4.875
134
P8Y2M12D
5.25
2031
P7Y7M13D
5.625
192000
P8Y2M16D
5.925
23206
P8Y2M19D
6.00
123998
P7Y7M17D
6.50
3845
P10Y
6.60
5332
P7Y25D
8.25
3636
P9Y9M4D
9.9375
3019
P8Y6M14D
10.50
3238
P8Y6M14D
11.25
13666
P8Y29D
12.75
10069
P9Y3M14D
13.875
2160
P9Y3M
15.00
3334
P9Y2M19D
17.25
40261
P9Y2M8D
18.75
3335
P9Y1M24D
20.25
4940
P9Y4D
21.75
1336
P8Y9M7D
23.85
1260
P8Y9M
24.75
334
P8Y8M23D
25.6125
134
P8Y5M26D
0.75
400
P11M8D
6.00
102857
P3Y2M12D
9.00
2666
P3Y25D
11.25
204200
P3Y7D
12.375
71257
P4Y7M10D
12.38
5557
P4Y10M6D
13.50
4444
P3Y5M19D
14.85
23612
P3Y4M28D
15.00
1168
P1M2D
20.25
1481
P4Y1M17D
24.375
83080
P4Y5M16D
1066067
2666667
4000000
666667
266667
4000000
10666667
1333334
11666
0.75
126029
5.25
6.00
238556
4.875
25.613
72350
6.50
18.75
25.613
400
0.75
71368
11.25
15.00
267579
6.00
14.85
161375
12.375
24.375
0.75
24.375
0.120
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> (i) the product of (x) the arithmetic average of the lowest three volume weighted average prices of the Common Stock during the ten consecutive trading days ending and including the trading day immediately preceding the applicable conversion date and (y) 72.5% (or if an event of default has occurred and is continuing, 70%), and (ii) $11.25 (as adjusted for stock splits, stock dividends, recapitalizations or similar events).</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 3 – STOCKHOLDERS' DEFICIT, STOCK OPTIONS AND WARRANTS</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company has an equity incentive plan, which allows issuance of incentive and non-qualified stock options to employees, directors and consultants of the Company, where permitted under the plan. The exercise price for each stock option is determined by the Board of Directors. Vesting requirements are determined by the Board of Directors when granted and currently range from immediate to three years. Options under this plan have terms ranging from three to <font>ten</font> years.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On February 4, 2014, (the “Closing Date”) we raised $<font>2,055,000</font> in gross proceeds from a private placement of Series A Convertible Preferred Stock, par value $<font>0.01</font> (the “Preferred Shares”) pursuant to a Securities Purchase Agreement with certain investors (the Purchasers”) purchased 20,550 Preferred Shares, and warrants (the “Warrants”) to acquire an aggregate of approximately <font>21,334</font> shares of Common Stock. The Preferred Shares are convertible into shares of Common Stock at an initial conversion price of $19.50 per share of Common Stock. The Warrants are exercisable at an exercise price of $<font>24.38</font> per share and expire five years from the Closing Date. If the Common Stock is not listed on the NASDAQ Stock Market, the New York Stock Exchange, or the NYSE MKT within 180 days of the Closing, the Company was required to issue additional Warrants to purchase additional shares of Common Stock, equal to 30% of the shares of Common Stock which the Preferred Shares each Purchaser purchased are convertible into. As of August 4, 2014, the Company issued additional warrants to purchase <font>61,539</font> shares to the Purchasers in connection with this provision.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Securities Purchase Agreement requires the Company to register the resale of the shares of Common Stock underlying the Preferred Shares (the “Underlying Shares”) and the Common Stock underlying the Warrants (the “Warrant Shares”). On September 9, 2014, a resale registration statement covering the Underlying Shares, the Warrant Shares and certain other securities (the “Resale Registration Statement”) was declared effective.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"><font>The Preferred Shares are convertible at the option of the holder into the number of shares of Common Stock determined by dividing the stated value of the Preferred Shares being converted by the conversion price of $<font>19.50</font>, subject to adjustment for stock splits, reverse stock splits and similar recapitalization events. If the Company issues additional shares of Common Stock, other than certain stock that is excluded under the terms of the Securities Purchase Agreement, in one or more capital raising transactions with an aggregate purchase price of at least $100,000 for a price less than the then existing conversion price for the Preferred Shares (the “New Issuance Price”), then the then existing conversion price shall be reduced to the New Issuance Price, provided, however, that under no circumstances shall the New Issuance Price be less than $9.75 or reduced to a price level that would be in breach of the listing rules of any stock exchange</font> or that would have material adverse effect on the Company's ability to list its Common Stock on a stock exchange, including but not limited to the change of accounting treatment of the Preferred Stock. In July 2014, in connection with the issuance of certain convertible notes, the conversion price of the Preferred Stock was adjusted to $<font>9.75</font> per share. Further, the Company has agreed to additional shares of Common Stock to holders of the Preferred Stock in certain circumstances, as described in the following paragraph. The Preferred Shares contain certain limitations on conversion so that the holder will not own more than <font>4.99</font>% of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable upon conversion of Preferred Shares held by the applicable holder, with the percentage subject to increase in certain circumstances. The Preferred Shares are eligible to vote with the Common Stock on an as-converted basis, but only to the extent that the Preferred Shares are eligible for conversion without exceeding the Beneficial Ownership Limitation. The Preferred Shares are entitled to receive dividends on a pari passu basis with the Common Stock, when, and if declared. Upon any liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary (a “Liquidation”), after the satisfaction in full of the debts of the Company and the payment of any liquidation preference owed to the holders of shares of Common Stock ranking prior to the Preferred Shares upon liquidation, the holders of the Preferred Shares shall receive, prior and in preference to the holders of any junior securities, <font>an amount equal to $2,055,000 times 1.2, plus all declared but unpaid dividends.</font></font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In July 2014, in connection with the offering of convertible notes and warrants and in connection with the waiver of certain rights, the Company agreed to issue additional shares of Common Stock to the Preferred Stockholders (the “Additional Shares”) (A) automatically upon the closing of a Qualified Public Offering (as defined in the Certificate of Designation), to the extent that (i) the Qualified Public Offering closes within six (6) months of the first closing of the convertible notes offering (“Qualified Public Offering Deadline”) and (ii) 70% of the public offering price per share of the Common Stock in the Qualified Public Offering (the “QPO Discount Price”) is less than the Conversion Price floor contained in Section 7(e)(i) of the Certificate of Designation (the “Conversion Price Floor”), or (B) if a Qualified Public Offering has not been consummated by the Qualified Public Offering Deadline, upon the Preferred Stockholders' conversion of their shares of Preferred Stock to the extent that 70% of the volume weighted average price of the Common Stock on the principal Trading Market (as defined in the Certificate of Designation) of the Common Stock during the ten Trading Days (as defined in the Certificate of Designation) immediately preceding the Qualified Public Offering Deadline (the “Non-QPO Discount Price”) is less than the Conversion Price Floor.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Warrants are exercisable on any day on or after the date of issuance, have an exercise price of $24.38 per share, subject to adjustment, and a term of five years from the date they are first exercisable. However, a holder will be prohibited from exercising a Warrant if, as a result of such exercise, the holder, together with its affiliates, would exceed the Beneficial Ownership Limitation as described above for the Preferred Shares. If any Warrant has not been fully exercised prior to the first anniversary of the Closing and if during such period the Company has not installed or received firm purchase orders (accepted by the Company) for at least 500 STREAMWAY ® Automated Surgical Fluid Disposal Systems, then, the number of shares of Common Stock for which such Warrant may be exercised shall be increased 2.5 times.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In addition, in July, August and September 2014, the Company issued <font>71,257</font> warrants to investors in convertible notes as further described below.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="font-style: italic; display: inline; font-family: Times New Roman; font-size: 10pt;">Accounting for share-based payment</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company has adopted ASC 718- <font style="font-style: italic; display: inline;">Compensation-Stock Compensation </font>("ASC 718"). Under ASC 718 stock-based employee compensation cost is recognized using the fair value based method for all new awards granted after January 1, 2006 and unvested awards outstanding at January 1, 2006. Compensation costs for unvested stock options and non-vested awards that were outstanding at January 1, 2006, are being recognized over the requisite service period based on the grant-date fair value of those options and awards, using a straight-line method. We elected the modified-prospective method under which prior periods are not retroactively restated.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">ASC 718 requires companies to estimate the fair value of stock-based payment awards on the date of grant using an option-pricing model or other acceptable means. The Company uses the Black-Scholes option valuation model which requires the input of significant assumptions including an estimate of the average period of time employees will retain vested stock options before exercising them, the estimated volatility of the Company's common stock price over the expected term, the number of options that will ultimately be forfeited before completing vesting requirements, the expected dividend rate and the risk-free interest rate. Changes in the assumptions can materially affect the estimate of fair value of stock-based compensation and, consequently, the related expense recognized. The assumptions the Company uses in calculating the fair value of stock-based payment awards represent the Company's best estimates, which involve inherent uncertainties and the application of management's judgment. As a result, if factors change and the Company uses different assumptions, the Company's equity-based compensation expense could be materially different in the future.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Since the Company's common stock has no significant public trading history, and the Company has experienced no significant option exercises in its history, the Company is required to take an alternative approach to estimating future volatility and estimated life and the future results could vary significantly from the Company's estimates. <font>The Company compiled historical volatilities over a period of 2 to 7 years of 15 small-cap medical companies traded on major exchanges and 10 mid-range medical companies on the OTC Bulletin Board and combined the results using a weighted average approach.</font> In the case of ordinary options to employees the Company determined the expected life to be the midpoint between the vesting term and the legal term. In the case of options or warrants granted to non-employees, the Company estimated the life to be the legal term unless there was a compelling reason to make it shorter.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">When an option or warrant is granted in place of cash compensation for services, the Company deems the value of the service rendered to be the value of the option or warrant. In most cases, however, an option or warrant is granted in addition to other forms of compensation and its separate value is difficult to determine without utilizing an option pricing model. For that reason the Company also uses the Black-Scholes option-pricing model to value options and warrants granted to non-employees, which requires the input of significant assumptions including an estimate of the average period the investors or consultants will retain vested stock options and warrants before exercising them, the estimated volatility of the Company's common stock price over the expected term, the number of options and warrants that will ultimately be forfeited before completing vesting requirements, the expected dividend rate and the risk-free interest rate. Changes in the assumptions can materially affect the estimate of fair value of stock-based consulting and/or compensation and, consequently, the related expense recognized.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Since the Company has limited trading history in its stock and no first-hand experience with how its investors and consultants have acted in similar circumstances, the assumptions the Company uses in calculating the fair value of stock-based payment awards represent its best estimates, which involve inherent uncertainties and the application of management's judgment. As a result, if factors change and the Company uses different assumptions, the Company's equity-based consulting and interest expense could be materially different in the future.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company determines the grant date fair value of options and warrants using a Black-Scholes option valuation model based upon assumptions regarding risk-free interest rate, expected dividend rate, volatility and estimated term.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In January 2013, in connection with a private placement offering we issued <font>8</font>% convertible one year promissory notes in an aggregate principal amount of $<font>300,000</font> convertible into <font>33,333</font> shares of common stock assuming a conversion rate of $<font>9.00</font> per share and five year warrants to purchase up to an aggregate of <font>33,333</font> shares of the corporation's common stock at an exercise price of $<font>11.25</font> per share. The value of the notes are being treated as a debt discount with an aggregate discount of $<font>77,644</font>, and amortized as an additional interest expense over the twelve month term of the notes. In addition, we issued to the placement agent for these sales five year warrants to purchase an aggregate of <font>2,667</font> shares of common stock at an exercise price of $<font>9.00</font> per share.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In January and March 2013, in connection with a separate and new private placement offering we issued <font>95,238</font> shares of common stock at $5.25 per share and warrants to purchase <font>95,238</font> shares of common stock at $<font>11.25</font> per share to 5 investors in return for their $<font>500,000</font> investment in the Company.</font> </div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On March 15, 2013 the Company completed the private sale of 95,239 shares of the Company's common stock, par value $<font>.01</font> per share, at $<font>5.25</font> per share for an aggregate purchase price of $<font>500,000</font>, warrants to purchase <font>95,239</font> shares of common stock at an exercise price of $<font>6.00</font> per share, and warrants to purchase <font>47,619</font> shares of common stock at an exercise price of $<font>11.25</font> per share.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In April 2013, the Company issued <font>2,667</font> shares of common stock, par value $<font>.01</font> per share, to a former consultant exercising options; the Company issued <font>4,444</font> shares of common stock, par value $.01 per share, at $<font>0.75</font> per share to the former CEO exercising options.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In May 2013, the Company converted four (4) notes totaling $<font>156,243</font>, plus $<font>11,169</font> in interest; issued in November 2012, the noteholders received <font>14,881</font> shares of common stock, par value $<font>.01</font>, at $<font>7.50</font> per share. One of the noteholders was Dr. Samuel Herschkowitz who received <font>4,762</font> shares.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In May and June 2013 in connection with a private placement offering we issued <font>8</font>% convertible one year promissory notes in an aggregate principal amount of $<font>1,000,000</font> convertible into <font>80,000</font> shares of common stock assuming a conversion rate of $<font>13.50</font> per share and <font>five</font> year warrants to purchase up to an aggregate of <font>61,481</font> shares of the corporation's common stock at an exercise price of $<font>14.85</font> per share. The value of the notes net of discount was $<font>275,640</font> in 2013; due in May and June 2014. In addition, we issued to the placement agent for these sales five year warrants to purchase an aggregate of <font>5,926</font> shares of common stock at an exercise price of $<font>13.50</font> per share.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In August and September 2013 the Company entered into agreements with holders of certain of its outstanding warrants to purchase the Company's common stock to amend the exercise price of the warrant to $<font>7.50</font> per share in connection with the agreement of each such holder to exercise the warrants in full. Prior to the amendments, the exercise prices of such warrants ranged from $<font>11.25</font> to $<font>34.50</font> per share. Twenty-four warrants were exercised with a reduced exercise price, and nineteen warrants were exercised pursuant to a net exercise provision. Together such warrant exercises resulted in aggregate cash proceeds of $<font>1,044,490</font> to the Company, and the issuance of an aggregate <font>139,265</font> shares of common stock through the reduced warrant exercise and <font>87,117</font> shares which were issued pursuant to a net exercise provision.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In October 2013 the Company entered into agreements with a holder of certain of its outstanding warrants to purchase the Company's common stock to amend the exercise price of the warrant to $<font>9.38</font> per share in connection with the agreement of the holder to exercise the warrants in full. Prior to the amendments, the exercise price of such warrants was $<font>18.75</font> per share. Two warrants were exercised with a reduced exercise price. Together the warrant exercises resulted in aggregate cash proceeds of $<font>125,000</font> to the Company, and the issuance of an aggregate <font>13,333</font> shares of common stock.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">For grants of stock options and warrants in 2013 the Company used a <font>0.78</font>% to <font>2.04</font>% risk-free interest rate, <font>0</font>% dividend rate, <font>59</font>% or <font>66</font>% volatility and estimated terms of 5 or 10 years. Value computed using these assumptions ranged from $<font>1.43</font> to $<font>18.34</font> per share.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In January 2014 the Company issued <font>4,336</font> shares of common stock to the former CEO at $<font>1.25</font> per share upon his exercising options.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In January through March 2014, 9 warrant holders exercised warrants through a cashless exercise for a total of <font>15,442</font> shares of common stock.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In January and February 2014 the Company issued warrants to purchase <font>21,538</font> shares pursuant to a February 4, 2014 private placement whereby the Company issued <font>20,550</font> shares of Series A Convertible Preferred Stock raising gross proceeds of $<font>2,055,000</font>. The warrants are at an exercise price of $<font>24.38</font>.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In February 2014 the Company issued a warrant to purchase <font>1,482</font> shares of common stock at an exercise price of $20.25 to a major shareholder Dr. Samuel Herschkowitz. The warrant is in consideration for a bridge loan extended in December 2013 that has been paid in February 2014.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On March 31, 2014, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>19.50</font> per share. As a result <font>970</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In March 2014, the Company issued <font>4,444</font> shares of common stock to a warrant holder for a partial cash exercise at $<font>11.25</font> per share; issued <font>3,333</font> shares to the holder via the cashless exercise of the remainder of the warrant.</font> </div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In June 2014, the Company issued <font>3,725</font> shares of common stock to a warrant holder exercising cashless warrants.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On June 30, 2014, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>19.50</font> per share. As a result <font>1,561</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On June 30, 2014, the Company issued a warrant to purchase <font>5,431</font> shares of common stock at an exercise price of $<font>12.38</font> to SOK Partners, LLC, in consideration for a bridge loan in the form of convertible notes. On September 9, 2014 the Resale Registration Statement went into effect. The convertible note agreement provided an immediate approximately <font>11</font>% reduction to the warrant agreement. Therefore, the warrant has been adjusted to purchase <font>4,831</font> shares of common stock at an exercise price of $<font>12.38</font> to SOK Partners, LLC in consideration for a bridge loan.</font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In July 2014, the Company issued warrants to purchase <font>28,986</font> shares of common stock at an exercise price of $<font>12.38</font> to two lenders in consideration for a bridge loan in the form of convertible notes. The shares above reflect approximately an <font>11</font>% reduction resulting from the Resale Registration Statement that went effective September 9, 2014.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In August 2014, the Company issued warrants to purchase <font>61,539</font> of common stock at an exercise price of $<font>24.38</font> to the Purchasers of the Preferred Shares. The Securities Purchase Agreement with the Preferred Shareholders stipulated that if the Company was not listed on either the NASDAQ Stock Market, the New York Stock Exchange or the NYSE MKT within 180 days of closing the agreement then warrants to purchase the above additional shares would be issued in aggregate to the Preferred Shareholders.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In August and September 2014, the Company issued warrants to purchase <font>37,440</font> shares of common stock at an exercise price of $<font>12.38</font> to four lenders in consideration for a bridge loan in the form of convertible notes. The shares above reflect the approximate <font>11</font>% reduction resulting from the Resale Registration Statement that went effective September 9, 2014.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On September 30, 2014, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>19.50</font> per share. As a result <font>1,561</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In November 2014, the Company issued <font>13,700</font> shares of common stock, par value $<font>0.01</font>, in escrow for debt settlement.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On December 31, 2014, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $19.50 per share. As a result <font>1,559</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">For grants of stock options and warrants in 2014 the Company used a <font>1.44</font>% to <font>2.75</font>% risk-free interest rate, <font>0</font>% dividend rate, <font>59</font>% or <font>66</font>% volatility and estimated terms of <font>5</font> or <font>10</font> years. Value computed using these assumptions ranged from $<font>3.2006</font> to $<font>13.9195</font> per share.</font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The following summarizes transactions for stock options and warrants for the periods indicated: </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div>
<div style="display: block;">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td colspan="6" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Stock Options</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Warrants</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="width: 20px; padding: 0px;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;"> </font></strong></div>
</td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" colspan="2" nowrap="nowrap" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Average</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" colspan="2" nowrap="nowrap" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Average</font></strong></div>
</td>
<td style="font-family: 'Times New Roman'; padding: 0px;" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Number of</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Exercise</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Number of</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Exercise</font></strong></div>
</td>
<td style="font-family: 'Times New Roman'; padding: 0px;" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Shares</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Price</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Shares</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Price</font></strong></div>
</td>
<td style="font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 56%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Outstanding at December 31, 2012</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>168,856</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>6.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>468,431</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>9.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Issued</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>239,816</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>343,196</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>9.00</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Expired</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(15,467</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>18.00</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(111,025</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>13.50</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Exercised</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(7,472</font></td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>0.75</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(238,682</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>8.25</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Outstanding at December 31, 2013</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>385,733</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>461,920</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>10.50</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Issued</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>75,683</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>8.12</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>161,375</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>3.81</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Expired</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(7,879</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>23.58</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(81,851</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>13.54</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Exercised</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(4,936</font></td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1.76</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(40,722</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>8.38</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Outstanding at December 31, 2014</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 2.80pt double !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>448,601</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>7.51</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 2.80pt double !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>500,722</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>7.95</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
</div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">At December 31, 2014, <font>429,930</font> stock options are fully vested and currently exercisable with a weighted average exercise price of $<font>7.19</font> and a weighted average remaining term of <font>7.94</font> years. There are 500,722 warrants that are fully vested and exercisable. Stock-based compensation recognized in 2014 and 2013 was $<font>723,367</font> and $<font>3,700,070</font>, respectively. The Company has $<font>198,220</font> of unrecognized compensation expense related to non-vested stock options that are expected to be recognized over the next <font>16</font> months.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The following summarizes the status of options and warrants outstanding at December 31, 2014:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div>
<div style="display: block;">
<div class="CursorPointer" align="center">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%; margin-left: 0.1px; margin-right: 0.1px;" cellpadding="0" cellspacing="0">
<tr>
<td style="padding: 0px; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" align="center" valign="bottom" colspan="3">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt; text-align: left;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Range of Exercise Prices</font></strong></div>
</td>
<td style="padding: 0px; font-family: 'Times New Roman'; vertical-align: bottom;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></div>
</td>
<td style="padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" align="center" valign="bottom"><strong><font style="font-size: 8pt; font-family: 'times new roman', times;">Shares</font></strong></td>
<td style="padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman'; vertical-align: bottom;" align="center" valign="bottom"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" align="center" colspan="2" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Weighted</font></strong></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Average</font></strong></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Remaining</font></strong></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Life</font></strong></div>
</td>
<td style="padding: 0px 5px; white-space: nowrap; vertical-align: bottom; width: 20px;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></div>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Options:</font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; width: 1%;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom" colspan="1" align="right"><font>0.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 53%;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 1%;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 1%;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom" align="right"><font>7,333</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 1%;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom" align="right"><font>6.52</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 1%;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>4.875</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>134</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.20</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>5.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>2,031</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>7.62</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>5.625</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>192,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.21</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>5.925</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>23,206</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>8.22</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>6.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>123,998</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>7.63</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>6.50</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,845</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>10.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>6.60</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>5,332</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>7.07</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>8.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,636</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>9.76</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>9.9375</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>3,019</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.54</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>10.50</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,238</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>8.54</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>11.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>13,666</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.08</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>12.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>10,069</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>9.29</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>13.875</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>2,160</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>9.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>15.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,334</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>9.22</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>17.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>40,261</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>9.19</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>18.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,335</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>9.15</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>20.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>4,940</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>9.01</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>21.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>1,336</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>8.77</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>23.85</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>1,260</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>24.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>334</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>8.73</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>25.6125</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="right"><font>134</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.49</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: right;" align="left"><br/></td>
<td style="vertical-align: bottom; white-space: nowrap; text-align: right;" colspan="1" valign="bottom" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt; text-align: center;" align="left"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total</font></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: right;" align="left"></td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="right"><font>448,601</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap;" valign="bottom" align="right"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; background-color: #cceeff;" valign="bottom" colspan="1" align="right"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; background-color: #cceeff;" valign="bottom" align="right"></td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; background-color: #cceeff;" valign="bottom" align="right"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"><font style="font-family: 'times new roman', times; font-size: 10pt;">Warrants:</font></td>
<td style="vertical-align: bottom; white-space: nowrap;" colspan="1" valign="bottom" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap;" valign="bottom" align="right"></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap;" valign="bottom" align="right"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>0.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>400</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>0.94</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>6.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>102,857</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3.20</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>9.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>2,666</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>3.07</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>11.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>204,200</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3.02</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>12.375</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>71,257</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>4.61</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>12.38</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>5,557</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>4.85</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>13.50</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>4,444</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>3.47</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>14.85</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>23,612</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3.41</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>15.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>1,168</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>0.09</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>20.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>1,481</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>4.13</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>24.375</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="right"><font>83,080</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>4.46</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: right;" align="left"><br/></td>
<td style="vertical-align: bottom; white-space: nowrap; text-align: right;" colspan="1" valign="bottom" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt; text-align: center;" align="left"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total</font></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: right;" align="left"></td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="right"><font>500,722</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap;" valign="bottom" align="right"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
</table>
</div>
</div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Stock options and warrants expire on various dates from January 2015 to December 2024. </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The shareholders approved an increase in authorized shares to <font>1,066,067</font> shares in an annual shareholder meeting held on June 22, 2010 and approved an increase in authorized shares to <font>2,666,667</font> shares in a special shareholder meeting held on September 7, 2011.</font></div>
<font style="display: inline; font-family: Times New Roman; font-size: 8pt;">  </font>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The shareholders approved an increase in authorized shares to <font>4,000,000</font> shares in a special shareholder meeting held on January 15, 2013.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The shareholders approved an amendment of the Company's 2012 Stock Incentive Plan to increase the reserve of shares authorized for issuance to <font>666,667</font> shares and to increase the threshold of limitation on certain grants to <font>266,667</font> shares on April 15, 2013.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">An increase from <font>4,000,000</font> to <font>10,666,667</font> authorized shares, and an amendment of the Company's 2012 Stock Incentive Plan to increase the reserve of shares authorized for issuance to <font>1,333,334</font> shares was approved at the September 10, 2013 annual meeting.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">Stock Options and Warrants Granted by the Company</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The following table is the listing of stock options and warrants as of December 31, 2014 by year of grant:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div>
<div style="display: block;">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Stock Options:</font></div>
</td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr>
<td style="padding: 0px; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Year</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">       Shares       </font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" nowrap="nowrap" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Price</font></strong></div>
</td>
<td style="padding: 0px; width: 20px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 76%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2011</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 9%;" valign="bottom"><font>11,666</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%; text-align: left;" align="left" valign="bottom"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #cceeff;">$</font> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 9%;" valign="bottom"><font>.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2012</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>126,029</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="right" valign="bottom"><font>5.25 </font>- <font>6.00</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2013</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>238,556</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="right" valign="bottom"><font>4.875 </font>- <font>25.613</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2014</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>72,350</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; font-family: 'Times New Roman';" align="right"><font>6.50 </font>- <font>18.75</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 2.80pt double !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>448,601</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; font-family: 'Times New Roman';" align="right"><font>.75 </font>- <font>25.613</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Warrants:</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" colspan="2" nowrap="nowrap" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" colspan="2" nowrap="nowrap" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Year</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">    Shares    </font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Price</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2010</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>400</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2012</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>71,368</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="right" valign="bottom"><font>11.25</font> - <font>15.00</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2013</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>267,579</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="right" valign="bottom"><font>6.00</font> - <font>14.85</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2014</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>161,375</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important;" align="left"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #cceeff;">$</font> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; font-family: 'Times New Roman';" align="right"><font>12.375 </font>- <font>24.375</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 2.80pt double !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>500,722</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; font-family: 'Times New Roman';" align="right"><font>.75 </font>- <font>24.375</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
</div>
</div>
</div>
250494
103088
40000
40000
40000
80000
280615.81
137470
56627
1200000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td colspan="6" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Stock Options</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Warrants</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="width: 20px; padding: 0px;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;"> </font></strong></div>
</td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" colspan="2" nowrap="nowrap" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Average</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" colspan="2" nowrap="nowrap" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Average</font></strong></div>
</td>
<td style="font-family: 'Times New Roman'; padding: 0px;" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Number of</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Exercise</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Number of</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Exercise</font></strong></div>
</td>
<td style="font-family: 'Times New Roman'; padding: 0px;" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Shares</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Price</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Shares</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td style="font-family: 'Times New Roman';" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
<td colspan="2" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-size: 8pt;">Price</font></strong></div>
</td>
<td style="font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><strong><font style="font-size: 8pt;">  </font></strong></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 56%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Outstanding at December 31, 2012</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>168,856</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>6.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>468,431</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>9.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Issued</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>239,816</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>343,196</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>9.00</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Expired</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(15,467</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>18.00</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(111,025</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>13.50</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Exercised</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(7,472</font></td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>0.75</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(238,682</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>8.25</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Outstanding at December 31, 2013</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>385,733</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>461,920</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>10.50</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Issued</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>75,683</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>8.12</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>161,375</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>3.81</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Expired</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(7,879</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>23.58</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(81,851</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>13.54</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Exercised</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(4,936</font></td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1.76</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(40,722</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>8.38</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Outstanding at December 31, 2014</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 2.80pt double !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>448,601</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>7.51</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 2.80pt double !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>500,722</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>7.95</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<div class="CursorPointer" align="center">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%; margin-left: 0.1px; margin-right: 0.1px;" cellpadding="0" cellspacing="0">
<tr>
<td style="padding: 0px; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" align="center" valign="bottom" colspan="3">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt; text-align: left;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Range of Exercise Prices</font></strong></div>
</td>
<td style="padding: 0px; font-family: 'Times New Roman'; vertical-align: bottom;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></div>
</td>
<td style="padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" align="center" valign="bottom"><strong><font style="font-size: 8pt; font-family: 'times new roman', times;">Shares</font></strong></td>
<td style="padding: 0px 5px; white-space: nowrap; font-family: 'Times New Roman'; vertical-align: bottom;" align="center" valign="bottom"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" align="center" colspan="2" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Weighted</font></strong></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Average</font></strong></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Remaining</font></strong></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Life</font></strong></div>
</td>
<td style="padding: 0px 5px; white-space: nowrap; vertical-align: bottom; width: 20px;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></div>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Options:</font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="center" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></div>
</td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; width: 1%;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom" colspan="1" align="right"><font>0.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 53%;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 1%;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 1%;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom" align="right"><font>7,333</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 1%;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom" align="right"><font>6.52</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; width: 1%;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>4.875</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>134</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.20</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>5.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>2,031</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>7.62</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>5.625</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>192,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.21</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>5.925</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>23,206</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>8.22</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>6.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>123,998</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>7.63</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>6.50</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,845</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>10.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>6.60</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>5,332</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>7.07</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>8.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,636</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>9.76</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>9.9375</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>3,019</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.54</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>10.50</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,238</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>8.54</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>11.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>13,666</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.08</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>12.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>10,069</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>9.29</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>13.875</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>2,160</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>9.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>15.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,334</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>9.22</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>17.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>40,261</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>9.19</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>18.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3,335</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>9.15</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>20.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>4,940</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>9.01</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>21.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>1,336</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>8.77</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>23.85</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>1,260</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>24.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>334</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>8.73</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>25.6125</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="right"><font>134</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>8.49</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: right;" align="left"><br/></td>
<td style="vertical-align: bottom; white-space: nowrap; text-align: right;" colspan="1" valign="bottom" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt; text-align: center;" align="left"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total</font></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: right;" align="left"></td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="right"><font>448,601</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap;" valign="bottom" align="right"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; background-color: #cceeff;" valign="bottom" colspan="1" align="right"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; background-color: #cceeff;" valign="bottom" align="right"></td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; background-color: #cceeff;" valign="bottom" align="right"></td>
<td style="vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"><font style="font-family: 'times new roman', times; font-size: 10pt;">Warrants:</font></td>
<td style="vertical-align: bottom; white-space: nowrap;" colspan="1" valign="bottom" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap;" valign="bottom" align="right"></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap;" valign="bottom" align="right"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>0.75</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>400</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>0.94</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>6.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>102,857</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3.20</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>9.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>2,666</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>3.07</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>11.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>204,200</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3.02</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>12.375</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>71,257</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>4.61</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>12.38</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>5,557</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>4.85</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>13.50</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>4,444</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>3.47</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>14.85</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>23,612</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>3.41</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>15.00</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>1,168</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>0.09</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman';" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" colspan="1" align="right"><font>20.25</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>1,481</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom" align="right"><font>4.13</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left">$</td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" colspan="1" align="right"><font>24.375</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="right"><font>83,080</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom" align="right"><font>4.46</font></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: right;" align="left"><br/></td>
<td style="vertical-align: bottom; white-space: nowrap; text-align: right;" colspan="1" valign="bottom" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt; text-align: center;" align="left"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total</font></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: right;" align="left"></td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="right"><font>500,722</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';"> </td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap;" valign="bottom" align="right"></td>
<td style="font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
</table>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Stock Options:</font></div>
</td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr>
<td style="padding: 0px; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Year</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">       Shares       </font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" nowrap="nowrap" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Price</font></strong></div>
</td>
<td style="padding: 0px; width: 20px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 76%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2011</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 9%;" valign="bottom"><font>11,666</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%; text-align: left;" align="left" valign="bottom"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #cceeff;">$</font> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 9%;" valign="bottom"><font>.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2012</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>126,029</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="right" valign="bottom"><font>5.25 </font>- <font>6.00</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2013</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>238,556</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="right" valign="bottom"><font>4.875 </font>- <font>25.613</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2014</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>72,350</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; font-family: 'Times New Roman';" align="right"><font>6.50 </font>- <font>18.75</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 2.80pt double !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>448,601</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; font-family: 'Times New Roman';" align="right"><font>.75 </font>- <font>25.613</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: white;">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Warrants:</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" colspan="2" nowrap="nowrap" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" colspan="2" nowrap="nowrap" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Year</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">    Shares    </font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Price</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;"> </font></strong></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2010</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>400</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>.75</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2012</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>71,368</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="right" valign="bottom"><font>11.25</font> - <font>15.00</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2013</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>267,579</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="right" valign="bottom"><font>6.00</font> - <font>14.85</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2014</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>161,375</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important;" align="left"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #cceeff;">$</font> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; font-family: 'Times New Roman';" align="right"><font>12.375 </font>- <font>24.375</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 2.80pt double !important; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>500,722</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; font-family: 'Times New Roman';" align="right"><font>.75 </font>- <font>24.375</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
</div>
</div>
0.01
0.01
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">The Company compiled historical volatilities over a period of 2 to 7 years of 15 small-cap medical companies traded on major exchanges and 10 mid-range medical companies on the OTC Bulletin Board and combined the results using a weighted average approach.</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">The Preferred Shares are convertible at the option of the holder into the number of shares of Common Stock determined by dividing the stated value of the Preferred Shares being converted by the conversion price of $<font>19.50</font>, subject to adjustment for stock splits, reverse stock splits and similar recapitalization events. If the Company issues additional shares of Common Stock, other than certain stock that is excluded under the terms of the Securities Purchase Agreement, in one or more capital raising transactions with an aggregate purchase price of at least $100,000 for a price less than the then existing conversion price for the Preferred Shares (the “New Issuance Price”), then the then existing conversion price shall be reduced to the New Issuance Price, provided, however, that under no circumstances shall the New Issuance Price be less than $9.75 or reduced to a price level that would be in breach of the listing rules of any stock exchange</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">an amount equal to $2,055,000 times 1.2, plus all declared but unpaid dividends.</div>
108696
4831
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"><font style="display: inline; font-weight: bold;">NOTE 4 – SHORT-TERM NOTES PAYABLE</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On July 23, 2014, the Company entered into a Securities Purchase Agreement (the “SOK Securities Purchase Agreement”) with SOK Partners, LLC, an affiliate of the Company (“SOK”), pursuant to which the Company agreed to issue and sell (i) a senior convertible note, in an original principal amount of $122,196 (the “SOK Note”), which SOK Note shall be convertible into a certain amount of shares (the “SOK Conversion Shares”) of Common Stock, in accordance with the terms of the SOK Note, and (ii) a warrant (the “SOK Warrant”) to initially acquire up to 5,431 additional shares of Common Stock (the “SOK Warrant Shares,” and collectively with the SOK Note, the SOK Warrant and the SOK Conversion Shares, the “SOK Securities”) for an aggregate purchase price of $100,000 (with the reduced principal amount as described below representing an approximately 8.7% original issue discount) (the “SOK Convertible Notes Offering”). Upon effectiveness of the Resale Registration Statement (as defined below) on September 9, 2014, the principal amount of the note was reduced to $<font>108,696</font> and the number of warrants was reduced to <font>4,831</font> shares.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Also, on July 23, 2014, the Company entered into a Securities Purchase Agreement with 31 Group, LLC (an affiliate of Aegis Capital Corp., the underwriter for the Company's pending public offering) pursuant to which the Company agreed to issue and sell (i) a senior convertible note, in an original principal amount of $610,978 (subsequently reduced to $543,478) (the “31 Group Note”), which shall be convertible into a certain amount of shares of Common Stock, in accordance with the terms of the 31 Group Note, (ii) a warrant (the “31 Group Warrant”) to initially acquire up to 27,155 additional shares of Common Stock (subsequently reduced to 24,155 shares) (the “31 Group Conversion Shares,” and collectively with the 31 Group Note, the 31 Group Warrant and the 31 Conversion Shares, the “31 Group Securities”) for an aggregate purchase price of $500,000 (representing an approximately 8.7% original issue discount) (the “31 Group Convertible Notes Offering”).</font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On July 31, 2014, August 8, 2014, August 12, 2014, September 4, 2014 and September 5, 2014, the Company entered into Securities Purchase Agreements (collectively, the “Affiliate Securities Purchase Agreements”) with certain affiliates of the Company and certain persons with whom the Company was required to have a pre-existing relationship (the “Affiliates”) pursuant to which the Company agreed to issue and sell (i) senior convertible notes, in an original aggregate principal amount of $1,069,222 (subsequently reduced to $951,086) (the “Affiliate Notes”), which Affiliate Notes shall be convertible into a certain amount of shares (the “Affiliate Conversion Shares”) of the Company's Common Stock in accordance with the terms of the Affiliate Notes, and (ii) warrants (the “Affiliate Warrants”) to initially acquire up to 48,879 additional shares of Common Stock (subsequently reduced to 42,271 shares) (the “Affiliate Warrant Shares,” and collectively with the Affiliate Notes, the Affiliate Warrants and the Affiliate Conversion Shares, the “Affiliate Securities”) for an aggregate purchase price of $875,000 (representing an approximately 8.7% original issue discount) (the “Affiliate Convertible Notes Offering”).</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The SOK Note, 31 Group Note and the Affiliate Notes mature on July 23, 2015 (subject to extension as provided in the Notes) and, in addition to the original issue discount, accrue interest at a rate of <font>12.0</font>% per annum. The Notes are convertible at any time after issuance, in whole or in part, at the Investor's or SOK's option, as the case may be, into shares of Common Stock, at a conversion price equal to the lesser of<font> (i) the product of (x) the arithmetic average of the lowest three volume weighted average prices of the Common Stock during the ten consecutive trading days ending and including the trading day immediately preceding the applicable conversion date and (y) 72.5% (or if an event of default has occurred and is continuing, 70%), and (ii) $11.25 (as adjusted for stock splits, stock dividends, recapitalizations or similar events).</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On September 30, 2014, the SOK Note, 31 Group Note and the Affiliate Notes had a combined amortization of $<font>250,494</font>. At the same point in time the SOK Note, the 31 Group Note and the Affiliate Notes had a combined original issue discount of $<font>103,088</font>. Additionally, as of September 30, 2014, the 31 Group, LLC converted $<font>40,000</font> of their note. One of the affiliate investors also converted $<font>40,000</font> of their note by September 30, 2014.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In October 2014, the 31 Group LLC converted $<font>40,000</font> of their note, and one of the affiliate investors converted $<font>80,000</font> of their note.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On November 18, 2014, one of the other affiliate investors converted their entire note totaling $<font>280,615.81</font>.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On December 31, 2014, the SOK Note, 31 Group Note and the Affiliates Note had a combined amortization of $<font>137,470</font>. At the same point in time the SOK Note, the 31 Group Note and the Affiliates Note had a combined original issue discount of $<font>56,627</font>.</font></div>
</div>
-6833568
-9406304
2990471
2026115
949323
847777
13000000
13600000
6000000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 5 - LOSS PER SHARE</font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The following table presents the shares used in the basic and diluted loss per common share computations:</font> </div>
<div class="CursorPointer"><br/></div>
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<div style="display: block;">
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<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="6" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Year Ended</font></strong></div>
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<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="6" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important;border-bottom-style: solid !important;border-bottom-color: rgb(0, 0, 0) !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">December 31,</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">2014</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" nowrap="nowrap" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">2013 </font></strong></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
<td style="padding: 0px;" nowrap="nowrap" colspan="3">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><br/></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="background-color: #cceeff;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Numerator:</font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr>
<td align="left" valign="bottom" style="text-indent: 10px; width: 78%;">
<div style="display: block; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Net loss available in basic and diluted calculation</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>(6,833,568</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>(9,406,304</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
</tr>
<tr>
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Denominator:</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="text-indent: 10px; background-color: #cceeff;">
<div style="display: block; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Weighted average common shares outstanding-basic</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom"><font>2,990,471</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom"><font>2,026,115</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="background-color: #cceeff;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Effect of dilutive stock options and warrants (1)</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom"><font>-</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom"><font>-</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td style="padding: 0px; background-color: #cceeff;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Weighted average common shares outstanding-diluted</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>2,990,471</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>2,026,115</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;" align="left"> </td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td style="padding: 0px; background-color: #cceeff;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Loss per common share-basic and diluted</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px 10px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;" align="left">$</td>
<td style="padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>(2.29</font></td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; text-align: left; white-space: nowrap; font-family: 'Times New Roman'; vertical-align: top; background-color: #cceeff;" align="left" valign="top"><font style="font-size: 10pt; font-family: 'times new roman', times;">)</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px 10px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;" align="left">$</td>
<td style="padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>(4.64</font></td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; text-align: left; white-space: nowrap; font-family: 'Times New Roman'; vertical-align: top; background-color: #cceeff;" align="left" valign="top"><font style="font-size: 10pt; font-family: 'times new roman', times;">)</font></td>
</tr>
</table>
</div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<table width="100%" cellpadding="0" border="0" cellspacing="0">
<tr>
<td style="width: 10%; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;"> </td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
<td style="width: 10%;"><br/></td>
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<td style="width: 10%;"><br/></td>
</tr>
</table>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<table width="100%" cellpadding="0" border="0" cellspacing="0">
<tr>
<td style="width: 2%; vertical-align: top;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(1)</font></td>
<td style="width: 98%;">
<div><font style="font-size: 10pt;">The number of shares underlying options and warrants outstanding as of December 31, 2014 and December 31, 2013 are <font>949,323</font> and <font>847,777</font>, respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive</font></div>
</td>
</tr>
</table>
</div>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="6" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">Year Ended</font></strong></div>
</td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td colspan="6" nowrap="nowrap" valign="bottom" style="border-bottom-width: 1pt !important;border-bottom-style: solid !important;border-bottom-color: rgb(0, 0, 0) !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">December 31,</font></strong></div>
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<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
</tr>
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">2014</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" nowrap="nowrap" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">2013 </font></strong></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
<td style="padding: 0px;" nowrap="nowrap" colspan="3">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><br/></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="background-color: #cceeff;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Numerator:</font></div>
</td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr>
<td align="left" valign="bottom" style="text-indent: 10px; width: 78%;">
<div style="display: block; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Net loss available in basic and diluted calculation</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>(6,833,568</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>(9,406,304</font></td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
</tr>
<tr>
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Denominator:</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="text-indent: 10px; background-color: #cceeff;">
<div style="display: block; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Weighted average common shares outstanding-basic</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom"><font>2,990,471</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom"><font>2,026,115</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td align="left" valign="bottom" style="background-color: #cceeff;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Effect of dilutive stock options and warrants (1)</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom"><font>-</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" valign="bottom"><font>-</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman'; background-color: #cceeff;" align="left" valign="bottom"> </td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td style="padding: 0px; background-color: #cceeff;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Weighted average common shares outstanding-diluted</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>2,990,471</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>2,026,115</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;" align="left"> </td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="vertical-align: top; text-align: left; font-size: 10pt; white-space: nowrap; padding: 0px 5px 0px 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: rgb(204, 238, 255);">
<td style="padding: 0px; background-color: #cceeff;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Loss per common share-basic and diluted</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px 10px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;" align="left">$</td>
<td style="padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>(2.29</font></td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; text-align: left; white-space: nowrap; font-family: 'Times New Roman'; vertical-align: top; background-color: #cceeff;" align="left" valign="top"><font style="font-size: 10pt; font-family: 'times new roman', times;">)</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;" align="left"> </td>
<td style="padding: 0px 10px 0px 0px; font-size: 10pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;" align="left">$</td>
<td style="padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>(4.64</font></td>
<td style="padding: 0px 5px 0px 0px; font-size: 10pt; text-align: left; white-space: nowrap; font-family: 'Times New Roman'; vertical-align: top; background-color: #cceeff;" align="left" valign="top"><font style="font-size: 10pt; font-family: 'times new roman', times;">)</font></td>
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<td style="width: 2%; vertical-align: top;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(1)</font></td>
<td style="width: 98%;">
<div><font style="font-size: 10pt;">The number of shares underlying options and warrants outstanding as of December 31, 2014 and December 31, 2013 are <font>949,323</font> and <font>847,777</font>, respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive</font></div>
</td>
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</table>
</div>
</div>
2990471
2026115
1.00
18700000
12400000
3259000
59000
3318000
3318000
64753
61150
37000
38000
39000
3000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 7 – RENT OBLIGATION</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company leases its principal office under a lease that can be cancelled after three years with proper notice per the lease and an amortized schedule of adjustments that will be due to the landlord. The lease extends <font>five</font> years and expires January 2018. In addition to rent, the Company pays real estate taxes and repairs and maintenance on the leased property. Rent expense was $<font>64,753</font> and $<font>61,150</font> for 2014 and 2013, respectively.</font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company's rent obligation for the next four years are as follows:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div class="CursorPointer">
<div style="display: block;">
<div class="CursorPointer">
<div>
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 88%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2015</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 9%;" valign="bottom"><font>37,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2016</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>38,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2017</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>39,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2018</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>3,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"><br/></td>
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</div>
</div>
</div>
</div>
2018-01-31
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 6– INCOME TAXES</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The provision for income taxes consists of an amount for taxes currently payable and a provision for tax consequences deferred to future periods.  Deferred income taxes are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.  Deferred income tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">There is no income tax provision in the accompanying statements of operations due to the cumulative operating losses that indicate a <font>100</font>% valuation allowance for the deferred tax assets and state income taxes is appropriate.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">During September 2013, the Company experienced an "ownership change" as defined in Section 382 of the Internal Revenue Code which could potentially limit the ability to utilize the Company's net operating losses (NOLs). The general limitation rules allow the Company to utilize its NOLs subject to an annual limitation that is determined by multiplying the federal long-term tax-exempt rate by the Company's value immediately before the ownership change.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">At December 31, 2013, the Company had approximately $<font>13.0</font> million of gross NOLs to reduce future federal taxable income, the majority of which are expected to be available for use in 2015, subject to the Section 382 limitation described above. The federal NOLs will expire <font><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">beginning in 2022</font></font> if unused. The Company also had approximately $<font>13.6</font> million of gross NOLs to reduce future state taxable income at December 31, 2013, which will expire in years <font><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">2022 through 2033</font></font> if unused. The Company's net deferred tax assets, which include the NOLs, are subject to a full valuation allowance. At December 31, 2013, the federal and state valuation allowances were $<font>6.0</font> million and $<font>1.2</font> million, respectively.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">At December 31, 2014, the Company had approximately $<font>18.7</font> million of gross NOLs to reduce future federal taxable income, the majority of which are expected to be available for use in 2015, subject to the Section 382 limitation described above. The federal NOLs will expire <font><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">beginning in 2022</font></font> if unused. The Company also had approximately $<font>12.4</font> million of gross NOLs to reduce future state taxable income at December 31, 2014, which will expire in years <font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">2022 through 2034</font> if unused. The Company's net deferred tax assets, which include the NOLs, are subject to a full valuation allowance. At December 31, 2014, the federal and state valuation allowances were $<font>8.1</font> million and $<font>1.0</font> million, respectively.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The valuation allowance has been recorded due to the uncertainty of realization of the benefits associated with the net operating losses. Future events and changes in circumstances could cause this valuation allowance to change.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The components of deferred income taxes at December 31, 2014 and December 31, 2013 are as follows:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">December 31,</font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">2014</font></strong></div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">2013</font></strong></div>
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<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="right" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Deferred Tax Asset:</font></div>
</td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';" align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 78%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Net Operating Loss</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>7,919,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>3,259,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Other</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1,150,000</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>59,000</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total Deferred Tax Asset</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>9,069,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>3,318,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Less Valuation Allowance</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>9,069,000</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>3,318,000</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Net Deferred Income Taxes</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';">—</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';">—</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"><br/></td>
</tr>
</table>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td nowrap="nowrap" valign="bottom" colspan="6" style="border-bottom-width: 1pt !important;border-bottom-style: solid !important;border-bottom-color: rgb(0, 0, 0) !important;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">December 31,</font></strong></div>
</td>
<td nowrap="nowrap" valign="bottom" style="padding: 0px;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" colspan="2" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">2014</font></strong></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"></td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px;" nowrap="nowrap" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><strong><font style="font-family: 'times new roman', times; font-size: 8pt;">2013</font></strong></div>
</td>
<td style="padding: 0px;" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;"> </font></div>
</td>
</tr>
<tr>
<td style="vertical-align: top; text-align: left; font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman';" align="right" colspan="2" nowrap="nowrap" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="vertical-align: top; text-align: left; font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr>
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Deferred Tax Asset:</font></div>
</td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;"> </font></td>
<td style="font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman';" align="right" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
<td style="font-family: 'Times New Roman'; padding: 0px;" align="left" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;">  </font></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 78%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Net Operating Loss</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>7,919,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 8%;" valign="bottom"><font>3,259,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Other</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1,150,000</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>59,000</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Total Deferred Tax Asset</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>9,069,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>3,318,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding: 0px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Less Valuation Allowance</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>9,069,000</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>3,318,000</font></td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Net Deferred Income Taxes</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';">—</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';">—</td>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px; white-space: nowrap;" align="left"><br/></td>
</tr>
</table>
</div>
0
0
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">beginning in 2022</font></div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">2022 through 2033</font></div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">beginning in 2022</font></div>
December 31,2022
P5Y
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 88%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2015</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 9%;" valign="bottom"><font>37,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2016</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>38,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2017</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>39,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">2018</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 10pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">$</td>
<td style="font-size: 10pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>3,000</font></td>
<td style="font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"><br/></td>
</tr>
</table>
</div>
3.75
37.50
0.75
24.38
P2Y
P6Y6M
0.59
0.0013
0.0297
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 8 – LIABILITY FOR EQUITY-LINKED FINANCIAL INSTRUMENTS</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Company adopted ASC 815- Derivatives and Hedging (“ASC 815”) on January 1, 2009. ASC 815 mandates a two-step process for evaluating whether an equity-linked financial instrument or embedded feature is indexed to the entity's own stock. It was effective for fiscal years beginning after December 15, 2008, and interim periods within those fiscal years, which was the Company's first quarter of 2009. Many of the warrants issued by the Company contain a strike price adjustment feature, which upon adoption of ASC 815, changed the classification (from equity to liability) and the related accounting for warrants with a $<font>479,910</font> estimated fair value of as of January 1, 2009. An adjustment was made to remove $<font>486,564</font> from paid-in capital (the cumulative values of the warrants on their grant dates), a positive adjustment of $<font>6,654</font> was made to accumulated deficit, representing the gain on valuation from the grant date to January 1, 2009, and $<font>479,910</font> was booked as a liability. The warrants issued in 2011 do not contain a strike price adjustment feature and, therefore, are not treated as a liability.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The January 1, 2009 valuation was computed using the Black-Scholes valuation model based upon a 2.5-year expected term, an expected volatility of <font>63</font>%, an exercise price of $<font>34.50</font> per share, a stock price of $<font>26.25</font>, a zero dividend rate and a <font>1.37</font>% risk free interest rate. Subsequent to January 1, 2009 these warrants were re-valued at the end of each quarter and a gain or loss was recorded based upon their increase or decrease in value during the quarter. Likewise, new warrants that were issued during 2009 and 2010 were valued, using the Black- Scholes valuation model on their date of grant and an entry was made to reduce paid-in capital and increase the liability for equity-linked financial instruments. These warrants were also re-valued at the end of each quarter based upon their expected life, the stock price, the exercise price, assumed dividend rate, expected volatility and risk free interest rate. A significant reduction in the liability was realized in 2010 primarily due to a reduction from $<font>37.50</font> to $<font>16.50</font> per share in the underlying stock price. The Company realized a slight increase in the liability for existing warrants during the first quarter of 2012. In 2013 there was a significant decrease in the liability primarily due to current expirations and the amount of warrants reaching expiration in the near term. In 2014, all warrants expired and the liability was reduced to zero.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The inputs to the Black-Scholes model during 2009 through 2014 were as follows:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div>
<div class="CursorPointer">
<div style="display: block;">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 88%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Stock price</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" valign="bottom"> </td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 9%;" align="center">$<font>3.75</font> - $<font>37.50</font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%;" align="left"></td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Exercise price</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="center">$<font>.75</font> - $<font>24.38</font></td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Expected life</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="vertical-align: bottom; white-space: nowrap;" nowrap="nowrap" valign="bottom" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2.0</font> to <font>6.5</font> years</font></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Expected volatility</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: center;" align="right"><font>59%</font></td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Assumed dividend rate</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: center;" align="right"><font>-</font>%</td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"><br/></td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Risk-free interest rate</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="vertical-align: bottom; white-space: nowrap;" nowrap="nowrap" valign="bottom" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>.13</font>% to <font>2.97</font>%</font></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
</table>
</div>
</div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The original valuations, annual gain (loss) and end of year valuations are shown below:</font></div>
<div class="CursorPointer"><br/></div>
<div>
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; margin-left: 0.100000001490116px;width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;"></td>
<td style="font-family: 'times new roman'; font-size: 7pt; padding: 0px;" align="left"></td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Initial <br/> Value</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Annual<br/>Gain <br/> (Loss)</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value at <br/> 12/31/09</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2010 <br/> Gain (Loss)</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value at <br/> 12/31/10</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2011 <br/> Gain (Loss)</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value at</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">12/31/2011</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-family: times new roman; font-size: 8pt;"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2012 <br/> Gain </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">(Loss)</font></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">at <br/> 12/31/2012</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-family: times new roman; font-size: 8pt;"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2013 <br/> Gain </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">(Loss)</font></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">at <br/> 12/31/2013</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-family: times new roman; font-size: 8pt;"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2014 <br/> Gain </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">(Loss)</font></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value at</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">12/31/2014</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" nowrap="nowrap" valign="bottom" style="width: 9%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">January 1, 2009 adoption</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>479,910</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>(390,368</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>870,278</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>868,772</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>1,506</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>(88,290</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>89,796</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>(21,856</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>111,652</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>100,053</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>11,599</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>11,599</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 6/30/2009</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>169,854</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>20,847</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>149,007</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>147,403</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>1,604</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(4,689</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,293</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,293</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 9/30/2009</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>39,743</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(738</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>40,481</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>40,419</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>62</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(1,562</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>1,624</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>910</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>714</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>714</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants is used in quarter ended 12/31/2009</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>12,698</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>617</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>12,081</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>12,053</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>28</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(724</font></td>
<td style="padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>752</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>415</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>337</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>337</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="right" valign="bottom">
<div style="text-indent: 20px; display: block; margin-left: 0pt; margin-right: 0pt; text-align: left;" align="right"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Subtotal</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>702,205</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>1,071,847</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 3/31/2010</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>25,553</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>25,014</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>539</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(5,570</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,109</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>3,701</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>2,408</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>2,408</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 6/30/2010</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>31,332</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>30,740</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>592</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(6,122</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,714</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,083</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>631</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>631</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 9/30/2010</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>31,506</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="right"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="right"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>20,891</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>10,615</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(44,160</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 8pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>54,775</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1,338</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>53,437</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>53,437</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px; text-indent: 20px;" align="right">
<div style="display: block; margin-right: 0pt; text-align: left;" align="right"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>790,596</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(369,642</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 8pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1,071,847</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1,145,292</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>14,946</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(151,117</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 8pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>166,063</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(3,116</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 8pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>169,179</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>157,580</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>11,599</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>11,599</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<div style="display: block;">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; width: 100%;" cellpadding="0" cellspacing="0">
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom" style="width: 88%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Stock price</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman'; width: 1%;" valign="bottom"> </td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 9%;" align="center">$<font>3.75</font> - $<font>37.50</font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%;" align="left"></td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Exercise price</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="center">$<font>.75</font> - $<font>24.38</font></td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Expected life</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="vertical-align: bottom; white-space: nowrap;" nowrap="nowrap" valign="bottom" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>2.0</font> to <font>6.5</font> years</font></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Expected volatility</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: center;" align="right"><font>59%</font></td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"><br/></td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Assumed dividend rate</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: center;" align="right"><font>-</font>%</td>
<td style="font-family: 'times new roman'; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"><br/></td>
</tr>
<tr style="background-color: white;">
<td align="left" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;">Risk-free interest rate</font></div>
</td>
<td style="font-size: 10pt; font-family: 'Times New Roman';" valign="bottom"> </td>
<td style="vertical-align: bottom; white-space: nowrap;" nowrap="nowrap" valign="bottom" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;"><font>.13</font>% to <font>2.97</font>%</font></div>
</td>
<td style="vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
</table>
</div>
</div>
</div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><br/></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table style="font-size: 10pt; font-family: 'times new roman'; margin-left: 0.100000001490116px;width: 100%;" cellpadding="0" cellspacing="0">
<tr>
<td style="font-family: 'times new roman'; font-size: 10pt; padding: 0px;"></td>
<td style="font-family: 'times new roman'; font-size: 7pt; padding: 0px;" align="left"></td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Initial <br/> Value</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Annual<br/>Gain <br/> (Loss)</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value at <br/> 12/31/09</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2010 <br/> Gain (Loss)</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value at <br/> 12/31/10</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2011 <br/> Gain (Loss)</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value at</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">12/31/2011</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-family: times new roman; font-size: 8pt;"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2012 <br/> Gain </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">(Loss)</font></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">at <br/> 12/31/2012</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-family: times new roman; font-size: 8pt;"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2013 <br/> Gain </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">(Loss)</font></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">at <br/> 12/31/2013</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="font-family: times new roman; font-size: 8pt;"><font style="display: inline; font-family: times new roman; font-size: 8pt;">2014 <br/> Gain </font><font style="display: inline; font-family: times new roman; font-size: 8pt;">(Loss)</font></font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; vertical-align: bottom;" align="left" valign="bottom"> </td>
<td style="padding: 0px; border-bottom-color: rgb(0, 0, 0) !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; vertical-align: bottom;" colspan="2" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Value at</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 8pt;">12/31/2014</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" nowrap="nowrap" valign="bottom" style="width: 9%;">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">January 1, 2009 adoption</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>479,910</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>(390,368</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>870,278</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>868,772</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>1,506</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>(88,290</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>89,796</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>(21,856</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>111,652</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>100,053</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>11,599</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>11,599</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom">$</td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman'; width: 4%;" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman'; width: 1%;" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 6/30/2009</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>169,854</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>20,847</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>149,007</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>147,403</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>1,604</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(4,689</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,293</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,293</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 9/30/2009</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>39,743</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(738</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>40,481</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>40,419</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>62</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(1,562</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>1,624</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>910</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>714</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>714</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants is used in quarter ended 12/31/2009</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>12,698</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>617</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>12,081</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>12,053</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>28</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(724</font></td>
<td style="padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>752</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>415</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>337</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>337</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="right" valign="bottom">
<div style="text-indent: 20px; display: block; margin-left: 0pt; margin-right: 0pt; text-align: left;" align="right"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Subtotal</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>702,205</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>1,071,847</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td align="left" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 3/31/2010</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>25,553</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>25,014</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>539</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(5,570</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,109</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>3,701</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>2,408</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>2,408</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td align="left" nowrap="nowrap" valign="bottom">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 6/30/2010</font></div>
</td>
<td style="font-size: 8pt; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>31,332</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="right" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>30,740</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>592</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>(6,122</font></td>
<td style="font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left" valign="bottom">)</td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,714</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>6,083</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>631</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>631</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
<td style="font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" valign="bottom"><font>-</font></td>
<td style="font-size: 8pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="left" valign="bottom"> </td>
</tr>
<tr style="background-color: white;">
<td style="padding: 0px;" align="left" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Warrants issued in quarter ended 9/30/2010</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>31,506</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="right"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="right"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>20,891</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>10,615</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(44,160</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 8pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>54,775</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1,338</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>53,437</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>53,437</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; border-bottom: #000000 1pt solid !important; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 1pt solid !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px; text-indent: 20px;" align="right">
<div style="display: block; margin-right: 0pt; text-align: left;" align="right"><font style="display: inline; font-family: times new roman; font-size: 8pt;">Total</font></div>
</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>790,596</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(369,642</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 8pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1,071,847</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>1,145,292</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>14,946</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(151,117</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 8pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>166,063</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>(3,116</font></td>
<td style="padding: 0px 10px 0px 0px; font-size: 8pt; text-align: left; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';" align="left">)</td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>169,179</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>157,580</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>11,599</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>11,599</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;" align="left"> </td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: left; vertical-align: bottom; padding-right: 10px; white-space: nowrap; font-family: 'Times New Roman';" align="left">$</td>
<td style="border-bottom: #000000 2.80pt double !important; padding: 0px; font-size: 8pt; text-align: right; vertical-align: bottom; white-space: nowrap; font-family: 'Times New Roman';"><font>-</font></td>
<td style="font-family: 'times new roman'; font-size: 8pt; padding: 0px 5px; white-space: nowrap;" align="left"> </td>
</tr>
</table>
</div>
</div>
0.24
0.10
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 9 - RELATED PARTY TRANSACTIONS</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Audit Committee has the responsibility to review and approve all transactions to which a related party and the Company may be a party prior to their implementation, to assess whether such transactions meet applicable legal requirements. </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">   </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="font-style: italic; display: inline; font-family: Times New Roman; font-size: 10pt;">Convertible Note Issuances to Dr. Samuel Herschkowitz and SOK Partners, LLC</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="font-style: italic; display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On September 11, 2013, both the Herschkowitz Note and the SOK Note (each as defined below in this Note 9) were converted in full by the holders thereof at $<font>0.014</font> per share. The principal and interest balance of the Herschkowitz Note of $<font>314,484</font> was converted into <font>299,509</font> shares of common stock. The principal and interest balance of the SOK Note of $<font>680,444</font> was converted into <font>648,050</font> shares of common stock. The collateral that secured these notes was released back to the Company.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The remaining disclosure of this Note 9 provides historical information regarding the Herschkowitz Note, the SOK Note and certain other convertible note issuances.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On March 28, 2012, the Company, entered into a Convertible Note Purchase Agreement, dated as of March 28, 2012 (the “SOK Purchase Agreement”) with SOK Partners, LLC (“SOK Partners”), and an investment partnership. Josh Kornberg, who is a member of the Company's Board of Directors, and Dr. Samuel Herschkowitz are affiliates of the manager of SOK Partners. Pursuant to the SOK Purchase Agreement, the Company issued a <font>20.0</font>% convertible note due August 2012 in the principal amount of up to $<font>600,000</font>. Principal and accrued interest on the note is due and payable on August 28, 2012. The Company's obligations under the note are secured by the grant of a security interest in substantially all tangible and intangible assets of the Company. The SOK Purchase Agreement and the note include customary events of default that include, among other things, non-payment defaults, covenant defaults, inaccuracy of representations and warranties, cross-defaults to other indebtedness and bankruptcy and insolvency defaults. The occurrence of an event of default could result in the acceleration of the Company's obligations under the note, and interest rate of twenty-four (<font>24</font>%) percent per annum accrues if the note is not paid when due.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On March 28, 2012, the Company received an advance of $<font>84,657</font> under the note, including a cash advance of $<font>60,000</font> net of a prepayment of interest on the first $<font>300,000</font> in advances under the note. The holder of the note is entitled to convert the note into shares of common stock of the Company at an initial conversion price per share of $<font>4.88</font> per share, subject to adjustment in the event of (1) certain issuances of common stock or convertible securities at a price lower than the conversion price of the note, and (2) recapitalizations, stock splits, reorganizations and similar events. In addition, the Company is required to issue two installments of an equity bonus to SOK Partners in the form of common stock valued at the rate of $4.88 per share. In March 2012, the Company issued the first equity bonus to SOK Partners, consisting of <font>61,539</font> shares of common stock, with a second installment due within five business days after SOK Partners has made aggregate advances under the note of at least $<font>300,000</font>. In May 2012 the Company issued the second installment consisting of <font>61,539</font> shares of common stock subsequent to SOK Partners surpassing the aggregate advances of $<font>300,000</font>. Until the maturity date of the note, if the Company obtains financing from any other source without the consent of SOK Partners, then the Company is required to issue additional bonus equity in an amount equal to $600,000 less the aggregate advances on the note made prior to the breach. The principal balance of the SOK Note was $<font>357,282</font> as of December 31, 2012.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">  </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">As long as any amount payable under the SOK Note remains outstanding, SOK Partners or its designee is entitled to appoint a new member to the Company's Board of Directors, who will be appointed upon request. Mr. Koenigsberger was appointed to the Board by SOK Partners on June 25, 2012.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On March 28, 2012, the Company signed an Amended and Restated Note Purchase Agreement, dated as of December 20, 2011, with Dr. Samuel Herschkowitz (as amended, the “Herschkowitz Purchase Agreement”). Pursuant to the Herschkowitz Purchase Agreement, the Company issued a <font>20.0</font>% convertible note due June 20, 2012 in the principal amount of $<font>240,000</font> for previous advances under the note. The Company's obligations under the note are secured by the grant of a security interest in substantially all tangible and intangible assets of the Company. The Company has previously issued to Dr. Herschkowitz an equity bonus consisting of <font>20,623</font> shares of common stock. An additional <font>100,000</font> shares were transferred to Dr. Herschkowitz effective in April 2012, upon the occurrence of an event of default on the note. On August 13, 2012, the Company entered into a settlement and forbearance agreement described below, relating to the defaults under the Herschkowitz Note and other matters.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">As long as any amount payable under the Herschkowitz Note remains outstanding, Dr. Herschkowitz or his designee is entitled to appoint a special advisor to the Company's Board of Directors, to be appointed as a member upon request. Pursuant to this authority, Josh Kornberg was appointed to the Board on March 9, 2012. In addition, pursuant to this authority, Mr. Koenigsberger was appointed to the Board on June 25, 2012.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Pursuant to a letter dated April 12, 2012, Dr. Herschkowitz advised the Company of the occurrence of numerous events of default under the terms of the Herschkowitz Note and the Herschkowitz Note Purchase Agreement. As a result of such events of default, Dr. Herschkowitz asserted significant rights as a secured creditor of the Company, including his rights as a secured creditor with a security interest in substantially all assets of the Company. Without a settlement relating to the defaults and other matters, Dr. Herschkowitz could have taken action to levy upon the Company's assets, including patents and other intellectual property.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In addition, the Company and Atlantic Partners Alliance LLC (“APA”) were parties to a letter agreement dated March 14, 2012, providing APA and its affiliates (including Dr. Herschkowitz and SOK) with rights to avoid dilution relating to additional issuances of equity securities by the Company through July 14, 2012, evidencing the parties' intent that APA would be provided with significant protection against dilution. This protection was in recognition of APA's investments in the Company involving a high degree of risk and the Company's contemplated need for restructuring its indebtedness, which were anticipated to result, and have resulted, in significant dilution. The parties acknowledged that Dr. Herschkowitz and SOK would not have made their historical cash investments in the Company to the same degree had the dilution protection not been provided, and the investments by these parties have enabled the Company to avoid insolvency. Since the respective dates of the Herschkowitz Note Purchase Agreement and the SOK Note Purchase Agreement, the Company had issued in excess of <font>213,334</font> shares of common stock to parties other than APA and its affiliates, resulting in significant dilution.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Effective August 15, 2012, the Company entered into a letter agreement with Dr. Herschkowitz, APA and SOK (the “Forbearance Agreement”). Under the Forbearance Agreement, among other things, (i) Dr. Herschkowitz agreed to forbear from asserting his rights as a secured creditor to substantially all of the Company's assets, resulting from the Company's defaults; (ii) the Company issued an aggregate <font>353,334</font> shares of common stock to Dr. Herschkowitz and SOK and adjusted the conversion price of their convertible notes to $<font>1.05</font> per share from $<font>4.88</font> per share, to satisfy the Company's obligations to adjust for dilution; (iii) Dr. Herschkowitz and SOK agreed to extend the maturity of their notes to December 31, 2012; (iv) the Company agreed to pay certain compensation to Dr. Herschkowitz upon the achievement of financial milestones; and (v) Dr. Herschkowitz clarified and waived certain of his rights, including the right to interest at a penalty rate upon default.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In the Forbearance Agreement, Dr. Herschkowitz agreed to forbear from exercising any of his rights arising under the Herschkowitz Note or the Herschkowitz Note Purchase Agreement with respect to the existing defaults against the Company, subject to the limitations set forth in the letter agreement and without releasing or waiving any future breach of the letter agreement. He further agreed to forbear from exercising any rights with respect to events of default, security interests in the collateral and other similar remedies against the Company or his interests under the Herschkowitz Note or the Herschkowitz Note Purchase Agreement until the occurrence of an event of default under the Herschkowitz Note: (a) that does not constitute an existing default; and (b) occurs and accrues after the date of the letter agreement.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Dr. Herschkowitz and the Company acknowledged that 100,000 shares of the Company's common stock, constituting the “penalty shares” under the Herschkowitz Note Purchase Agreement, were delivered to Dr. Herschkowitz in April 2012 as provided in the Herschkowitz Note Purchase Agreement upon an event of default. Notwithstanding a provision that would have increased the rate of interest from <font>20</font>% to <font>24</font>% upon an event of default, Dr. Herschkowitz agreed that the Company would not pay the increased rate of interest but would accrue interest at <font>20</font>% until a subsequent event of default.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">   </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Under the Forbearance Agreement, the Herschkowitz Note and the SOK Note were amended as follows: (i) the due dates of the notes were extended to December 31, 2012 from the previous due dates of June 20, 2012 and August 28, 2012, respectively; (ii) Dr. Herschkowitz will release his security agreement after payment of all currently outstanding promissory notes to parties other than SOK; and (iii) the Herschkowitz Note was amended to add certain events of default relating to judgments against the Company or other creditors taking action with respect to the collateral. In consideration of the extension additional milestone fees were revised as described below. Pursuant to a Forbearance and Settlement Agreement with these parties dated August 15, 2012, as subsequently amended, the due date of these notes were extended to August 31, 2013.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">APA and its affiliates agreed to terminate the letter agreement regarding dilution dated March 14, 2012. In consideration of the various provisions of the letter agreement and in recognition of the understanding of the parties regarding dilution and the agreements of APA and its affiliates to forbear and to extend the due dates of the notes, the Company (i) issued <font>176,667</font> shares to Dr. Herschkowitz, (ii) issued <font>176,667</font> shares to SOK, and (iii) the conversion price of the Herschkowitz Note and the SOK Note, respectively was changed to $<font>1.05</font> per share from $<font>4.88</font> per share.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In the event that the Company consummated the following series of transactions on or prior to June 30, 2013: (i) a merger or similar transaction with a public shell company, (ii) raising between $2 million and $4 million through an offering of the securities of the public shell company concurrent with or subsequent to the shell merger; and (iii)<font> <font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt;">listing the Company's shares on NASDAQ pursuant to an underwritten offering of the Company's securities resulting in gross proceeds of between $</font>5<font style="font-size: 10pt;"> million and $</font>30<font style="font-size: 10pt;"> million, then the Company would have to be required to deliver to Dr. Herschkowitz the following compensation: (A) $</font>75,000<font style="font-size: 10pt;"> upon consummating the shell merger, (B) $</font>150,000<font style="font-size: 10pt;"> upon consummating the qualifying financing round; and (C) </font>3<font style="font-size: 10pt;">% of the gross proceeds of the NASDAQ underwriting, which payment shall under </font>no<font style="font-size: 10pt;"> circumstances be less than $</font>200,000<font style="font-size: 10pt;"> or greater than $</font>1,000,000<font style="font-size: 10pt;">. The Company was also required to reimburse Dr. Herschkowitz at his actual out-of-pocket cost for reasonable expenses incurred in connection with the shell transactions, with a maximum limit of $</font>10,000<font style="font-size: 10pt;"> for such expenses.</font></font></font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In connection with the extension of the due date for the Herschkowitz Note and the SOK Note on March 6, 2013, the milestone fees were revised. The following fees were payable to Dr. Herschkowitz in the event that the Company consummates the following series of transactions on or prior to December 31, 2013: <font><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt;">(i) financing raising not less than $</font>1<font style="font-size: 10pt;"> million, compensation of $</font>75,000<font style="font-size: 10pt;">; (ii) a going private transaction, compensation of $</font>200,000<font style="font-size: 10pt;"> or greater; and (iii) </font>3<font style="font-size: 10pt;">% of the gross proceeds of the NASDAQ underwriting, which payment shall under </font>no<font style="font-size: 10pt;"> circumstances be less than $</font>200,000<font style="font-size: 10pt;"> or greater than $</font>3,000,000<font style="font-size: 10pt;">. In May 2013 Dr. Herschkowitz received $</font>75,000<font style="font-size: 10pt;"> after the Company surpassed raising $</font>1<font style="font-size: 10pt;"> million.</font></font></font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">As a result of the transactions under the Forbearance Agreement and other investments, Dr. Herschkowitz, SOK and their affiliates currently own shares of common stock and securities representing beneficial ownership of more than 49% of the Company's outstanding common stock, giving such parties significant control over election of the Board of Directors and other matters.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On November 6, 2012, the Company issued and sold convertible promissory notes in the total principal amount of $<font>156,243</font> to Dr. Herschkowitz and certain of his assignees.  The Company issued to these parties an aggregate <font>20,833</font> shares of common stock in consideration of placement of the notes. The notes bear interest at a rate of <font>20</font>% per annum and are secured by a security interest in the Company's accounts receivable, patents and certain patent rights and are convertible into common stock upon certain mergers or other fundamental transactions at a conversion price based on the trading price prior to the transaction. The proceeds from this transaction were used to pay off approximately $<font>155,000</font> in principal amount of secured indebtedness. Such notes were converted in April 2013 in to <font>13,889</font> shares of common stock at $<font>7.50</font> per share.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In December 2013 the Company received an additional $<font>300,000</font> in debt financing from SOK Partners under a non-convertible grid note due February 28, 2014, with <font>10</font>% interest based on a 365 day year. Dr. Herschkowitz received <font>10</font>% of the gross proceeds in advance, and the Company received $<font>250,000</font> in three tranches in December 2013. In January 2014, the Company received an additional $<font>20,000</font> from SOK Partners completing the grid note maximum. Should the company default on the note the interest rate will increase to <font>20</font>% interest based on a 365 day year. In February 2014, the Company wired $<font>305,589.04</font> to SOK Partners in complete payment of the grid note, including interest.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">In connection with the sale of the Preferred Shares on February 4, 2014 as described in Note 3, Josh Kornberg, our CEO, was one of the Purchasers. Mr. Kornberg purchased <font>19,231</font> Preferred Shares for a purchase price of $<font>25,000</font> and received warrants to purchase <font>52</font> shares of common stock.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On July 23, 2014, the Company entered into the SOK Securities Purchase Agreement pursuant to which the Company agreed to issue and sell certain securities to SOK, as described in Note 4 of this Report.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt;">(i) financing raising not less than $</font>1<font style="font-size: 10pt;"> million, compensation of $</font>75,000<font style="font-size: 10pt;">; (ii) a going private transaction, compensation of $</font>200,000<font style="font-size: 10pt;"> or greater; and (iii) </font>3<font style="font-size: 10pt;">% of the gross proceeds of the NASDAQ underwriting, which payment shall under </font>no<font style="font-size: 10pt;"> circumstances be less than $</font>200,000<font style="font-size: 10pt;"> or greater than $</font>3,000,000<font style="font-size: 10pt;">. In May 2013 Dr. Herschkowitz received $</font>75,000<font style="font-size: 10pt;"> after the Company surpassed raising $</font>1<font style="font-size: 10pt;"> million.</font></font></div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt;">listing the Company's shares on NASDAQ pursuant to an underwritten offering of the Company's securities resulting in gross proceeds of between $</font>5<font style="font-size: 10pt;"> million and $</font>30<font style="font-size: 10pt;"> million, then the Company would have to be required to deliver to Dr. Herschkowitz the following compensation: (A) $</font>75,000<font style="font-size: 10pt;"> upon consummating the shell merger, (B) $</font>150,000<font style="font-size: 10pt;"> upon consummating the qualifying financing round; and (C) </font>3<font style="font-size: 10pt;">% of the gross proceeds of the NASDAQ underwriting, which payment shall under </font>no<font style="font-size: 10pt;"> circumstances be less than $</font>200,000<font style="font-size: 10pt;"> or greater than $</font>1,000,000<font style="font-size: 10pt;">. The Company was also required to reimburse Dr. Herschkowitz at his actual out-of-pocket cost for reasonable expenses incurred in connection with the shell transactions, with a maximum limit of $</font>10,000<font style="font-size: 10pt;"> for such expenses.</font></font></div>
1.00
0.040
37730
32790
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 10 – RETIREMENT SAVINGS PLANS</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">We have a pre-tax salary reduction/profit-sharing plan under the provisions of Section 401(k) of the Internal Revenue Code, which covers employees meeting certain eligibility requirements. In fiscal 2013, and again in 2014, we matched <font>100</font>%, of the employee's contribution up to <font>4.0</font>% of their earnings. The employer contribution was $<font>37,730</font> and $<font>32,790</font> in 2014 and 2013. There were no discretionary contributions to the plan in 2014 and 2013.</font></div>
</div>
500000
200000
15.00
1728
17
1279
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 11 – COMMITMENTS AND CONTINGENCIES</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">On July 17, 2014, Skyline Medical Inc. (the “Company”) and a stockholder entered into a settlement agreement and release (the “Settlement Agreement”) with Marshall Ryan (“Ryan”) and a company related to Ryan (together, the “Plaintiffs”). The settlement relates to a previously disclosed lawsuit by the Plaintiffs initiated in March 2014. Ryan is an engineer who previously worked with the Company on design of certain of the Company's products. The lawsuit alleged among other things, breach of a 2008 consulting agreement, a 2006 manufacturing agreement and a 2006 supply agreement among the Plaintiffs and the Company, various claims of fraud and negligent misrepresentation, and breach of the duty of good faith and fair dealing.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Under the Settlement Agreement, the parties have agreed that the lawsuit will be dismissed. The Company has agreed to pay Ryan an aggregate of $<font>500,000</font> in various cash installments through April 25, 2015, which amount includes $<font>200,000</font> in installments that are payable during the remainder of 2014. The Settlement Agreement, among other things, extinguishes any prior claims of Plaintiffs for royalties or other alleged rights to payments under their prior agreements with the Company. <font><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt;">Payment of the outstanding balance under the Settlement Agreement will be accelerated if the Company raises $</font>2<font style="font-size: 10pt;"> million or more of gross dollars in a single funding round or raises aggregate funding of $</font>4<font style="font-size: 10pt;"> million of gross dollars on or before April 10, 2015.</font></font></font> If the Company defaults on the required cash payments and fails to cure as provided in the Settlement Agreement, then Ryan will have the option to either sue Skyline to enforce the Settlement Agreement or rescind the Settlement Agreement, including returning all payments previously made thereunder.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">The Settlement Agreement also contains mutual releases covering claims other than a breach of the Settlement Agreement. In the Settlement Agreement, Ryan fully, unconditionally and irrevocably affirms and ratifies the Company's rights to Ryan's prior patent assignments, and disclaims any right, title or interest in the Company's Streamway product including any claims to royalties both past and future. In addition, the parties confirmed that the patents related to the Streamway product belong exclusively to Skyline and remain in full force and effect.</font></div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt;">Payment of the outstanding balance under the Settlement Agreement will be accelerated if the Company raises $</font>2<font style="font-size: 10pt;"> million or more of gross dollars in a single funding round or raises aggregate funding of $</font>4<font style="font-size: 10pt;"> million of gross dollars on or before April 10, 2015.</font></font></div>
47111
57281
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;">NOTE 12 – SUPPLEMENTAL CASH FLOW DATA</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;">Cash payments for interest were $<font>47,111</font> and $<font>57,281</font> for the fiscal years ended December 31, 2014 and December 31, 2013, respectively. </font></div>
</div>
1296
1.25
4336
43
5387
5430
20.63
2000
20
41230
41250
12.75
3323
33
2460
2493
5.25
267
3
1397
1400
0.75
2174
22
1608
1630
13.50
2667
27
35973
36000
18.75
1333
13
24987
25000
4444
44
3289
3333
7.50
4807
48
3557
3605
5.63
3112
31
2302
2333
12.75
299
3
221
224
19.50
972
10
18909
-18919
705434
705434
694500
694500
11.25
7778
78
52422
52500
206
2054795
2055001
2133
21
23979
24000
18.75
1333
13
24987
25000
13.50
3725
37
2757
2794
19.50
1561
16
30384
-30400
313175
313175
9.75
1410
14
1044
1058
5.63
11111
111
62389
62500
5.25
333
3
1747
1750
6.68
3018
30
19970
20000
6.68
3019
30
19970
20000
5.85
3435
34
19966
20000
5.03
3894
38
19962
20000
19.50
1561
16
30385
-30401
5.14
3894
39
19961
20000
5.00
3997
40
19960
20000
5.26
3804
38
19962
20000
5.26
5706
57
29943
30000
5.95
5044
50
29950
30000
13700
137
137
5.05
55568
556
280060
280616
19.50
1561
16
30385
-30402
-1
106
1
1
2
122196
5431
100000
0.087
108696
4831
1.40
234012
318293
83566
98365
150446
219928
856219
1330222
151313
291584
139026
319303
189215
14773
1335773
1955882
-1185327
-1735954
-0.36
-0.58
3263356
2968279
-1185327
-1735954
-1411122
-3352949
3263356
2968279
3182706
2958965
1800000
1600000
1475000
122196
5431
100000
275000
250000
0.11
1603260
0.11
71257
927663
933073
1.40
1400000
167031
2.00
20000
200
39800
40000
2.27283
87997
880
199120
200000
2.0179
14867
149
29851
30000
2.00
15000
150
29850
30000
1.92417
12993
130
24870
25000
1.8578
16148
162
29838
20000
16
9.75
3121
31
30371
-30401
1
15447
33056
8171
12304
441
10161
3468
21606
10031
1417
7793
120947
131285
249636
2888
100000000
20000000
2055000
20550
0.01
100
275000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">In connection with the Company's proposed offering of <font>1,666,667</font> units (the “Units”), each consisting of one share of the Company's common stock, one share of the Company's Series B Convertible Preferred Stock and four of the Company's Series A Warrants, the holders of a majority of the Series A Preferred Shares have, as of July 20, 2015, agreed to exchange all of the outstanding Series A Preferred Shares for units with the same terms as the Units (the “Exchange Units”) such that for every dollar of stated value of Series A Preferred Shares tendered the holders will receive an equivalent value of Exchange Units based on the public offering price of the Units in this offering (the “Unit Exchange”).  Accordingly, assuming the public offering price for the Units is $<font>9.00</font> per Unit, then all of the Series A Preferred Shares will be exchanged into <font>228,334</font> Exchange Units. The warrants that were issued in connection with the issuance of the Series A Preferred Shares will remain outstanding; however, the warrant amounts will be reduced so that the warrants will be exercisable into an aggregate of <font>84,770</font> shares of the Company's common stock. The Unit Exchange is subject to and will be consummated currently with the consummation of the Company's offering of Units. Each holder of Series A Preferred Shares that has agreed to the terms of the Unit Exchange has entered into the Exchange Agreement with the Company.  Upon effectiveness of the Unit Exchange, the Series A Preferred Shares will be cancelled and resume the status of authorized but unissued shares of preferred stock.</div>
0
0.0499
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">The Preferred Shares are convertible at the option of the holder into the number of shares of Common Stock determined by dividing the stated value of the Preferred Shares being converted by the conversion price of $19.50, subject to adjustment for stock splits, reverse stock splits and similar recapitalization events. If the Company issues additional shares of Common Stock, other than certain stock that is excluded under the terms of the Securities Purchase Agreement, in one or more capital raising transactions with an aggregate purchase price of at least $100,000 for a price less than the then existing conversion price for the Preferred Shares (the “New Issuance Price”), then the then existing conversion price shall be reduced to the New Issuance Price, provided, however, that under no circumstances shall the New Issuance Price be less than $9.75 or reduced to a price level that would be in breach of the listing rules of any stock exchange</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">an amount equal to $<font>2,055,000</font> times 1.2, plus all declared but unpaid dividends.</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">The Company compiled historical volatilities over a period of 2 to 7 years of 15 small-cap medical companies traded on major exchanges and 10 mid-range medical companies on the OTC Bulletin Board and combined the results using a weighted average approach.</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Stock Options:</font><br/></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="6"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> Year </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;">     Shares     </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> Price</font></strong></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 76%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2011 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>11,666</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>0.75</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 76%;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2012 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%;"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%;"><font>126,029</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; width: 9%;"><font>5.25</font> -  <font>6.00</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2013 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>238,088</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; background-color: #cceeff;"><font>4.875</font> - <font>23.85</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2014 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>65,681</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"><font>6.50</font> - <font>18.75</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2015 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>66,926</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>3.10</font> - <font>3.45</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 20px;">
<p style="margin-top: 0pt; margin-right: 0.8pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>508,391</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>.75</font> - <font>25.613</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
</table>
<p style="line-height: 0.05pt; margin: 0pt; text-align: center; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<p style="margin: 0pt; text-align: center; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Warrants:</font><br/></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> Year </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important;" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;">     Shares     </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important;" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> Price</font></strong></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 76%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2010 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>400</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>0.75</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2011 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2012 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>69,801</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; background-color: #cceeff;"><font>11.25</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2013 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>267,579</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"><font>6.00</font>- <font>14.85</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2014 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>161,375</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; background-color: #cceeff;"><font>12.375</font> - <font>24.375</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2015 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>126,310</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; padding-right: 10px; white-space: nowrap;">$</td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>9.75</font> - <font>24.375</font><font></font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 20px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0.8pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>625,465</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>0.75</font> - <font>24.375</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
<p style="line-height: 0.05pt; margin: 0pt; text-align: center; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
</div>
2055000
P5Y
19.50
9.75
3122
0.06
9.75
3121
0.0163
0.0235
0.00
0.59
0.66
P5Y
P10Y
0.2750
5.5695
66926
3.14
126310
13.49
7136
13.55
1567
14.04
508391
6.96
625465
9.06
501723
6.31
P6Y5M5D
302981
352762
72354
P9M
0.75
7333
P6Y7D
3.10
59681
P10Y
4.875
134
P7Y8M12D
5.25
2031
P7Y2M8D
5.625
192000
P7Y8M16D
5.925
23206
P7Y8M19D
6.00
123998
P7Y1M17D
6.50
3845
P9Y6M4D
6.60
5332
P6Y6M25D
8.25
3636
P9Y3M4D
9.9375
3019
P8Y14D
10.50
3238
P8Y14D
11.25
13666
P7Y7M6D
12.75
3401
P8Y3M14D
13.875
2160
P8Y9M4D
15.00
3334
P8Y8M19D
17.25
40261
P8Y8M8D
18.75
3334
P8Y7M24D
20.25
4940
P8Y6M4D
21.75
1336
P8Y3M11D
23.85
1260
P8Y3M4D
0.75
400
P5M8D
6.00
102857
P2Y8M16D
9.00
2666
P2Y6M29D
9.75
155545
P4Y1M6D
11.25
203801
P2Y6M7D
12.375
71257
P4Y1M10D
12.38
5557
P4Y4M10D
13.50
4444
P2Y11M19D
14.85
23612
P2Y11M1D
20.25
1481
P3Y7M17D
24.375
53845
P3Y7M6D
11666
0.75
126029
5.25
6.00
238088
4.875
23.85
65681
6.50
18.75
66926
0.75
25.613
400
0.75
69801
11.25
267579
6.00
14.85
161375
12.375
24.375
126310
0.75
24.375
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style="display: block;">
<div style="display: block;">
<div style="display: block;">
<div style="display: block;">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>NOTE 3 – STOCKHOLDERS' DEFICIT, STOCK OPTIONS AND WARRANTS</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company has an equity incentive plan, which allows issuance of incentive and non-qualified stock options to employees, directors and consultants of the Company, where permitted under the plan. The exercise price for each stock option is determined by the Board of Directors. Vesting requirements are determined by the Board of Directors when granted and currently range from immediate to three years. Options under this plan have terms ranging from three to ten years.</font></p>
<p style="line-height: 12pt; margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<p style="font-size: 10pt; /* line-height: 108%; */ margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">On February 4, 2014, (the “Closing Date”) we raised $<font>2,055,000</font> in gross proceeds from a private placement of Series A Convertible Preferred Stock, par value $<font>0.01</font> (the “Preferred Shares”) pursuant to a Securities Purchase Agreement with certain investors (the Purchasers”) purchased <font>20,550</font> Preferred Shares, and warrants (the “Warrants”) to acquire an aggregate of approximately <font>21,334</font> shares of Common Stock. The Preferred Shares are convertible into shares of Common Stock at an initial conversion price of $19.50 per share of Common Stock. The Warrants are exercisable at an exercise price of $<font>24.38</font> per share and expire five years from the Closing Date. If the Common Stock is not listed on the NASDAQ Stock Market, the New York Stock Exchange, or the NYSE MKT within 180 days of the Closing, the Company was required to issue additional Warrants to purchase additional shares of Common Stock, equal to 30% of the shares of Common Stock which the Preferred Shares each Purchaser purchased are convertible into. As of August 4, 2014, the Company issued additional warrants to purchase <font>61,539</font> shares to the Purchasers in connection with this provision.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Securities Purchase Agreement requires the Company to register the resale of the shares of Common Stock underlying the Preferred Shares (the “Underlying Shares”) and the Common Stock underlying the Warrants (the “Warrant Shares”). On September 9, 2014, a resale registration statement covering the Underlying Shares, the Warrant Shares and certain other securities (the “Resale Registration Statement”) was declared effective.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>The Preferred Shares are convertible at the option of the holder into the number of shares of Common Stock determined by dividing the stated value of the Preferred Shares being converted by the conversion price of $19.50, subject to adjustment for stock splits, reverse stock splits and similar recapitalization events. If the Company issues additional shares of Common Stock, other than certain stock that is excluded under the terms of the Securities Purchase Agreement, in one or more capital raising transactions with an aggregate purchase price of at least $100,000 for a price less than the then existing conversion price for the Preferred Shares (the “New Issuance Price”), then the then existing conversion price shall be reduced to the New Issuance Price, provided, however, that under no circumstances shall the New Issuance Price be less than $9.75 or reduced to a price level that would be in breach of the listing rules of any stock exchange</font> or that would have material adverse effect on the Company's ability to list its Common Stock on a stock exchange, including but not limited to the change of accounting treatment of the Preferred Stock. <font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">In July 2014, in connection with the issuance of certain convertible notes, the conversion price of the Preferred Stock was adjusted to $<font>9.75</font> per share. Further, the Company has agreed to additional shares of Common Stock to holders of the Preferred Stock in certain circumstances, as described in the following paragraph. </font>The Preferred Shares contain certain limitations on conversion so that the holder will not own more than <font>4.99</font>% of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable upon conversion of Preferred Shares held by the applicable holder, with the percentage subject to increase in certain circumstances. The Preferred Shares are eligible to vote with the Common Stock on an as-converted basis, but only to the extent that the Preferred Shares are eligible for conversion without exceeding the Beneficial Ownership Limitation. The Preferred Shares are entitled to receive dividends on a pari passu basis with the Common Stock, when, and if declared. Upon any liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary (a “Liquidation”), after the satisfaction in full of the debts of the Company and the payment of any liquidation preference owed to the holders of shares of Common Stock ranking prior to the Preferred Shares upon liquidation, the holders of the Preferred Shares shall receive, prior and in preference to the holders of any junior securities, <font>an amount equal to $<font>2,055,000</font> times 1.2, plus all declared but unpaid dividends.</font></font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Warrants are exercisable on any day on or after the date of issuance, have an adjusted exercise price of $9.75 per share, subject to possible further adjustment, and a term of five years from the date they are first exercisable. However, a holder will be prohibited from exercising a Warrant if, as a result of such exercise, the holder, together with its affiliates, would exceed the Beneficial Ownership Limitation as described above for the Preferred Shares. If any Warrant has not been fully exercised prior to the first anniversary of the Closing and if during such period the Company has not installed or received firm purchase orders (accepted by the Company) for at least 500 STREAMWAY ® Automated Surgical Fluid Disposal Systems, then, the number of shares of Common Stock for which such Warrant may be exercised shall be increased to 2.5 times the previous amount. In January 2015, the number of shares of Common Stock for which each Warrant may be exercised was increased according to this provision. As described in Note 1 under “Subsequent Events”, the Company and the holders of the Preferred Shares have agreed to the exchange of the Preferred Shares for certain units, with an agreed-upon reduction in the number of shares for which each Warrant may be exercised. </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, in July, August and September 2014, the Company issued <font>71,257</font> warrants to investors in convertible notes as further described below.</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Accounting for share-based payment</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company has adopted ASC 718- Compensation-Stock Compensation ("ASC 718"). Under ASC 718 stock-based employee compensation cost is recognized using the fair value based method for all new awards granted after January 1, 2006 and unvested awards outstanding at January 1, 2006. Compensation costs for unvested stock options and non-vested awards that were outstanding at January 1, 2006, are being recognized over the requisite service period based on the grant-date fair value of those options and awards, using a straight-line method. We elected the modified-prospective method under which prior periods are not retroactively restated.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">ASC 718 requires companies to estimate the fair value of stock-based payment awards on the date of grant using an option-pricing model or other acceptable means. The Company uses the Black-Scholes option valuation model which requires the input of significant assumptions including an estimate of the average period of time employees will retain vested stock options before exercising them, the estimated volatility of the Company's common stock price over the expected term, the number of options that will ultimately be forfeited before completing vesting requirements, the expected dividend rate and the risk-free interest rate. Changes in the assumptions can materially affect the estimate of fair value of stock-based compensation and, consequently, the related expense recognized. The assumptions the Company uses in calculating the fair value of stock-based payment awards represent the Company's best estimates, which involve inherent uncertainties and the application of management's judgment. As a result, if factors change and the Company uses different assumptions, the Company's equity-based compensation expense could be materially different in the future.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Since the Company's common stock has no significant public trading history, and the Company has experienced no significant option exercises in its history, the Company is required to take an alternative approach to estimating future volatility and estimated life and the future results could vary significantly from the Company's estimates. <font>The Company compiled historical volatilities over a period of 2 to 7 years of 15 small-cap medical companies traded on major exchanges and 10 mid-range medical companies on the OTC Bulletin Board and combined the results using a weighted average approach.</font> In the case of ordinary options to employees the Company determined the expected life to be the midpoint between the vesting term and the legal term. In the case of options or warrants granted to non-employees, the Company estimated the life to be the legal term unless there was a compelling reason to make it shorter.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">When an option or warrant is granted in place of cash compensation for services, the Company deems the value of the service rendered to be the value of the option or warrant. In most cases, however, an option or warrant is granted in addition to other forms of compensation and its separate value is difficult to determine without utilizing an option pricing model. For that reason the Company also uses the Black-Scholes option-pricing model to value options and warrants granted to non-employees, which requires the input of significant assumptions including an estimate of the average period the investors or consultants will retain vested stock options and warrants before exercising them, the estimated volatility of the Company's common stock price over the expected term, the number of options and warrants that will ultimately be forfeited before completing vesting requirements, the expected dividend rate and the risk-free interest rate. Changes in the assumptions can materially affect the estimate of fair value of stock-based consulting and/or compensation and, consequently, the related expense recognized.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Since the Company has limited trading history in its stock and no first-hand experience with how its investors and consultants have acted in similar circumstances, the assumptions the Company uses in calculating the fair value of stock-based payment awards represent its best estimates, which involve inherent uncertainties and the application of management's judgment. As a result, if factors change and the Company uses different assumptions, the Company's equity-based consulting and interest expense could be materially different in the future.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Valuation and accounting for options and warrants</font></p>
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<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company determines the grant date fair value of options and warrants using a Black-Scholes option valuation model based upon assumptions regarding risk-free interest rate, expected dividend rate, volatility and estimated term. </font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-size: 10pt;">In January 2014 the Company issued <font>4,336</font> shares of common stock to the former CEO at $<font>1.25</font> per share upon his exercising options.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In January through March 2014, 9 warrant holders exercised warrants through a cashless exercise for a total of <font>15,442</font> shares of common stock.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In January and February 2014 the Company issued warrants to purchase <font>21,538</font> shares pursuant to a February 4, 2014 private placement whereby the Company issued 20,550 shares of Series </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">A</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Convertible Preferred Stock raising gross proceeds of $2,055,000. The warrants are at an exercise price of $<font>24.38</font>.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In February 2014 the Company issued a warrant to purchase <font>1,482</font> shares of common stock at an exercise price of $20.25 to a major shareholder Dr. Samuel Herschkowitz. The warrant is in consideration for a bridge loan extended in December 2013 that has been paid in February 2014.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On March 31, 2014, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>19.50</font> per share. As a result <font>970</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In March 2014, the Company issued <font>4,444</font> shares of common stock to a warrant holder for a partial cash exercise at $<font>11.25</font> per share; issued <font>3,333</font> shares to the holder via the cashless exercise of the remainder of the warrant.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In June 2014, the Company issued <font>3,725</font> shares of common stock to a warrant holder exercising cashless warrants.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On June 30, 2014, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>19.50</font> per share. As a result <font>1,561</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On June 30, 2014, the Company issued a warrant to purchase <font>5,431</font> shares of common stock at an exercise price of $<font>12.38</font> to SOK Partners, LLC, in consideration for a bridge loan in the form of convertible notes. On September 9, 2014 the Resale Registration Statement went into effect. The convertible note agreement provided an immediate approximately <font>11</font>% reduction to the warrant agreement. Therefore, the warrant has been adjusted to purchase <font>4,831</font> shares of common stock at an exercise price of $<font>12.38</font> to SOK Partners, LLC in consideration for a bridge loan.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In July 2014, the Company issued warrants to purchase <font>28,986</font> shares of common stock at an exercise price of $<font>12.38</font> to two lenders in consideration for a bridge loan in the form of convertible notes. The shares above reflect approximately an <font>11</font>% reduction resulting from the Resale Registration Statement that went effective September 9, 2014.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In August 2014, the Company issued warrants to purchase <font>61,539</font> of common stock at an exercise price of $<font>24.38</font> to the Purchasers of the Preferred Shares. The Securities Purchase Agreement with the Preferred Shareholders stipulated that if the Company was not listed on either the NASDAQ Stock Market, the New York Stock Exchange or the NYSE MKT within 180 days of closing the agreement then warrants to purchase the above additional shares would be issued in aggregate to the Preferred Shareholders.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In August and September 2014, the Company issued warrants to purchase <font>37,440</font> shares of common stock at an exercise price of $<font>12.38</font> to four lenders in consideration for a bridge loan in the form of convertible notes. The shares above reflect the approximate <font>11</font>% reduction resulting from the Resale Registration Statement that went effective September 9, 2014.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On September 30, 2014, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>19.50</font> per share. As a result <font>1,561</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In November 2014, the Company issued <font>13,700</font> shares of common stock, par value $<font>0.01</font>, in escrow for debt settlement.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On December 31, 2014, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>19.50</font> per share. As a result <font>1,559</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">For grants of stock options and warrants in 2014 the Company used a <font>1.44</font>% to <font>2.75</font>% risk-free interest rate, <font>0</font>% dividend rate, <font>59</font>% to <font>66</font>% volatility and estimated terms of <font>5</font> to <font>10</font> years. Value computed using these assumptions ranged from $<font>3.2006</font> to $<font>13.9195</font> per share.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In January 2015, the Company issued a dividend adjustment to the Purchasers of the Preferred Shares as described above. Certain previous dividends paid were calculated with an exercise price of $<font>19.50</font> per share, but should have been calculated at $<font>9.75</font> per share. As a result <font>3,122</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">March</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 31, 201</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">5</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, the Company issued dividends to the Purchasers of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>9.75</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font></font> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">per share. As a result </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>3,121</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> shares of common stock were issued to 16 holders of Preferred Shares.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On June 30, 2015, the Company issued dividends to Purchases of the Preferred Shares as described above. The dividends are at an annual rate of <font>6</font>% of the stated value of the Preferred Shares paid on a quarterly basis in the form of common stock per a stipulated $<font>9.75</font> per share. As a result <font>3,121</font> shares of common stock were issued to 16 holders of Preferred Shares.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">  </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">For grants of stock options and warrants in </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">the Company used a <font>1.63</font>% to <font>2.35</font>% risk-free interest rate, <font>0</font>% dividend rate, <font>59</font>% to <font>66</font>% volatility and estimated terms of <font>5</font> to <font>10</font> years. Value computed using these assumptions ranged from $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>0.2750</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> to $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>5.5695</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> per share.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following summarizes transactions for stock options and warrants for the periods indicated:</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
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<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>Stock</strong></font><font style="font-family: 'Times New Roman';"><strong> </strong></font><font style="font-family: 'Times New Roman';"><strong>Options</strong></font></font></p>
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<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="6">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Warrants</strong></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="8">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><br/></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Average</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Average</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>Number </strong></font><font style="font-family: 'Times New Roman';"><strong>of</strong></font></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Exercise</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>Number </strong></font><font style="font-family: 'Times New Roman';"><strong>of</strong></font></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Exercise</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Shares</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Price</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Shares</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Price</strong></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 56%; background-color: #cceeff;">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Outstanding at December 31, 2013 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>385,733</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>6.75</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>461,920</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>10.50</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Issued </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>75,683</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>8.12</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>161,375</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>3.81</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Expired </font></p>
</td>
<td style="background-color: #ffffff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(7,879</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; background-color: #ffffff;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>23.58</font></td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(81,851</font></td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13.54</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #ffffff;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Exercised </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(4,936</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>1.76</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(40,722</font></td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>8.38</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Outstanding at December 31, 2014 </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>448,601</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">$</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>7.51</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>500,722</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">$</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>7.95</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Issued </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>66,926</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>3.14</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>126,310</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13.49</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Expired </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(7,136</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: left; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13.55</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(1,567)</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>14.04</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Exercised </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Outstanding at June 30, 2015 </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>508,391</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">$</td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>6.96</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>625,465</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">$</td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>9.06</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
</div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">              </font></p>
<p style="line-height: 0.05pt; margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">At June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>501,723</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> stock options are fully vested and currently exercisable with a weighted average exercise price of $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>6.31</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and a weighted average remaining term of </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>6.43</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> years. All warrants are fully vested and exercisable. Stock-based compensation recognized for the six months ending June </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">and June </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2014 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">was $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>302,981</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>352,762</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, respectively. The Company has $</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>72,354</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> of unrecognized compensation expense related to non-vested stock options that are expected to be recognized over a weighted average period of approximately </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font>9</font> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">months.</font></p>
<p style="line-height: 12pt; margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following summarizes the status of options and warrants outstanding at June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">:</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="center" colspan="3">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"><strong> </strong></font><font style="font-family: 'times new roman', times;"><strong> Range of Prices</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="center"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"> </font></font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="center" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"><strong> Shares</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"><strong> </strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="center"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"> </font></font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="center" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"><strong> Weighted<br/>Remaining<br/>Life</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="color: #000000;"><em><font style="font-family: 'times new roman', times; font-size: 10pt;"><strong> </strong></font></em></font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center" colspan="2">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;">Options</font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px 2px 0px 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; width: 1%; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">0.75</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 55%; border-color: #000000 !important;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; width: 1%;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; width: 7%; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7,333</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; width: 1%;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; width: 7%; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.02</font></font></td>
<td style="padding: 0px 2px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%; border-color: #000000 !important;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3.10</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">59,681</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">10.00</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #fffff0;">$</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;"><font>3.45</font></font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;"><font>7,245</font></font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;"><font>9.76</font> </font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4.875</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">134</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.70</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5.25</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2,031</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.19</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5.625</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">192,000</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.71</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5.925</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">23,206</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.72</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.00</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">123,998</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.13</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.50</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,845</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.51</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.60</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5,332</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.57</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.25</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,636</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.26</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.9375</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,019</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.04</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">10.50</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,238</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.04</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">11.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">13,666</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.60</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">12.75</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,401</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.29</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">13.875</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2,160</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.76</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">15.00</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,334</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.72</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">17.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">40,261</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.69</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">18.75</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,334</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.65</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">20.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4,940</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.51</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">21.75</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">1,336</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.28</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">23.85</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">1,260</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.26</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"><font style="font-size: 10pt; font-family: 'times new roman', times;">Total</font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000; font-size: 10pt;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-right-color: #000000 !important; border-left-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-top-color: #000000 !important; border-top-width: 1pt !important; border-top-style: solid !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-right-color: #000000 !important; border-left-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-top-color: #000000 !important; border-top-width: 1pt !important; border-top-style: solid !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">508,391</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; width: 20px; background-color: #cceeff;">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; width: 20px; background-color: #cceeff;">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 20px; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap; text-align: right; width: 20px; background-color: #cceeff;" align="right"> </td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 20px; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="right"> </td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap;">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;">Warrants</font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap;">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">0.75</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">400</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">0.44</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.00</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">102,857</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.71</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.00</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2,666</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.58</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.75</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">155,545</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4.10</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">11.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">203,801</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.52</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">12.375</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">71,257</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4.11</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">12.38</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5,557</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4.36</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">13.50</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4,444</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.97</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">14.85</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">23,612</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.92</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">20.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">1,481</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3.63</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">24.375</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">53,845</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3.60</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total</font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">625,465</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
</table>
</div>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Stock options and warrants expire on various dates from December </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">to June </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2025</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="font-size: 10pt; line-height: 108%; margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> The shareholders approved an increase in authorized shares to <font>1,066,067</font> shares in an annual shareholder meeting held on June 22, 2010 and approved an increase in authorized shares to <font>2,666,667</font> shares in a special shareholder meeting held on September 7, 2011.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The shareholders approved an increase in authorized shares to <font>4,000,000</font> shares in a special shareholder meeting held on January 15, 2013.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The shareholders approved an amendment of the Company's 2012 Stock Incentive Plan to increase the reserve of shares authorized for issuance to <font>666,667</font> shares and to increase the threshold of limitation on certain grants to <font>266,667</font> shares on April 15, 2013.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">An increase from <font>4,000,000</font> to <font>10,666,667</font> authorized shares, and an amendment of the Company's 2012 Stock Incentive Plan to increase the reserve of shares authorized for issuance to <font>1,333,334</font> shares was approved at the September 10, 2013 annual meeting.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong> </strong></font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">On July 24, 2015, an amendment to the Certificate of Incorporation became effective, pursuant to which the authorized common stock was increased to <font>100,000,000</font> shares of common stock and the authorized preferred stock was increased to <font>20,000,000</font> shares.</font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"></font><br/></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Stock Options and Warrants Granted by the Company</strong></font></p>
<p style="margin: 0pt; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table is the listing of stock options and warrants as of June 30, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2015 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">by year of grant:</font></p>
<p style="margin: 0pt; text-align: center; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<div>
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Stock Options:</font><br/></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="6"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> Year </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;">     Shares     </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> Price</font></strong></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 76%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2011 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>11,666</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>0.75</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 76%;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2012 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%;"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%;"><font>126,029</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; width: 9%;"><font>5.25</font> -  <font>6.00</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2013 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>238,088</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; background-color: #cceeff;"><font>4.875</font> - <font>23.85</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2014 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>65,681</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"><font>6.50</font> - <font>18.75</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2015 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>66,926</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><br/></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;"><font>3.10</font> - <font>3.45</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 20px;">
<p style="margin-top: 0pt; margin-right: 0.8pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Total </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>508,391</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important;"><font>.75</font> - <font>25.613</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
</table>
<p style="line-height: 0.05pt; margin: 0pt; text-align: center; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
<p style="margin: 0pt; text-align: center; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0">
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Warrants:</font><br/></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> Year </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important;" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;">     Shares     </font></strong></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><strong><font style="font-size: 8pt;"> </font></strong></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important;" colspan="2">
<p style="margin: 0pt 1.8pt 0pt 0pt; text-align: center; font-family: 'times new roman';"><strong><font style="font-family: 'Times New Roman'; font-size: 8pt;"> Price</font></strong></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 76%; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2010 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>400</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 9%; background-color: #cceeff;"><font>0.75</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2011 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2012 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>69,801</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; background-color: #cceeff;"><font>11.25</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2013 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>267,579</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"><font>6.00</font>- <font>14.85</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; background-color: #cceeff;">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2014 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font>161,375</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; background-color: #cceeff;"><font>12.375</font> - <font>24.375</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt 0.8pt 0pt 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2015 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; border-bottom: #000000 1pt solid !important; padding: 0px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>126,310</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; padding-right: 10px; white-space: nowrap;">$</td>
<td style="vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>9.75</font> - <font>24.375</font><font></font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; text-indent: 20px; background-color: #cceeff;">
<p style="margin-top: 0pt; margin-right: 0.8pt; margin-bottom: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Total </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>625,465</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; font-family: 'Times New Roman'; font-size: 10pt; text-align: left; white-space: nowrap; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; border-bottom-color: #000000 !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; background-color: #cceeff;"><font>0.75</font> - <font>24.375</font></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
<p style="line-height: 0.05pt; margin: 0pt; text-align: center; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 12pt;"> </font></p>
</div>
</div>
</div>
</div>
</div>
</div>
9.75
3121
0.06
3.45
7245
P9Y9M4D
3.10
3.45
9.75
24.375
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="6">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>Stock</strong></font><font style="font-family: 'Times New Roman';"><strong> </strong></font><font style="font-family: 'Times New Roman';"><strong>Options</strong></font></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="6">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Warrants</strong></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="8">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><br/></p>
</td>
</tr>
<tr>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Average</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;" colspan="2"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Average</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>Number </strong></font><font style="font-family: 'Times New Roman';"><strong>of</strong></font></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Exercise</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman';"><strong>Number </strong></font><font style="font-family: 'Times New Roman';"><strong>of</strong></font></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Exercise</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Shares</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Price</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Shares</strong></font></p>
</td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; text-align: center; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"><strong>Price</strong></font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"><font style="font-size: 8pt;"> </font></td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; width: 56%; background-color: #cceeff;">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Outstanding at December 31, 2013 </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>385,733</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>6.75</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>461,920</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;">$</td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 8%; background-color: #cceeff;"><font>10.50</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; width: 1%; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Issued </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>75,683</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>8.12</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>161,375</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>3.81</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Expired </font></p>
</td>
<td style="background-color: #ffffff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(7,879</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; background-color: #ffffff;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>23.58</font></td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(81,851</font></td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13.54</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #ffffff;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Exercised </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(4,936</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>1.76</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(40,722</font></td>
<td style="vertical-align: bottom; padding: 0px 10px 0px 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>8.38</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
<td style="background-color: #ffffff; vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #ffffff; vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap; background-color: #ffffff;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Outstanding at December 31, 2014 </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>448,601</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">$</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>7.51</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>500,722</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">$</td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>7.95</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Issued </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>66,926</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>3.14</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>126,310</font></td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13.49</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Expired </font></p>
</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(7,136</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: left; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;">)</td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>13.55</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>(1,567)</font></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>14.04</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Exercised </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 1pt solid !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>-</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
<tr>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; text-align: left; font-family: 'times new roman'; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="vertical-align: top; font-family: 'times new roman'; padding: 0px 5px 0px 0px; text-align: left; white-space: nowrap;"> </td>
</tr>
<tr>
<td style="background-color: #cceeff; vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';">
<p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Outstanding at June 30, 2015 </font></p>
</td>
<td style="background-color: #cceeff; vertical-align: bottom; font-family: 'times new roman'; padding: 0px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>508,391</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">$</td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>6.96</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>625,465</font></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px 0px 0px; white-space: nowrap; background-color: #cceeff;"> </td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: left; font-family: 'times new roman'; font-size: 10pt; padding-right: 10px; white-space: nowrap;">$</td>
<td style="background-color: #cceeff; vertical-align: bottom; border-bottom: #000000 2.80pt double !important; padding: 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap;"><font>9.06</font></td>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; text-align: right; font-family: 'Times New Roman'; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"> </td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table style="border-collapse: collapse; width: 100%;" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="center" colspan="3">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"><strong> </strong></font><font style="font-family: 'times new roman', times;"><strong> Range of Prices</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="center"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"> </font></font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="center" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"><strong> Shares</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"><strong> </strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family: 'Times New Roman';" align="center"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"> </font></font></td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman'; border-bottom-width: 1pt !important; border-bottom-style: solid !important; border-bottom-color: #000000 !important;" align="center" colspan="2">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'times new roman', times;"><strong> Weighted<br/>Remaining<br/>Life</strong></font></font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; font-family: 'Times New Roman';" align="center">
<p style="margin: 0pt; text-align: center; font-family: 'times new roman';"><font style="color: #000000;"><em><font style="font-family: 'times new roman', times; font-size: 10pt;"><strong> </strong></font></em></font></p>
</td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center" colspan="2">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;">Options</font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px 2px 0px 0px; white-space: nowrap; font-family: 'Times New Roman'; background-color: #cceeff;" align="center">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; width: 1%; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; width: 1%; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">0.75</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 55%; border-color: #000000 !important;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; width: 1%;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; width: 7%; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7,333</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; width: 1%;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; width: 7%; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.02</font></font></td>
<td style="padding: 0px 2px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; width: 1%; border-color: #000000 !important;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3.10</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">59,681</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">10.00</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: nowrap; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #fffff0;">$</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;"><font>3.45</font></font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;"><font>7,245</font></font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"> </td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;"><font>9.76</font> </font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"> </td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4.875</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">134</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.70</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5.25</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2,031</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.19</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5.625</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">192,000</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.71</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5.925</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">23,206</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.72</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.00</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">123,998</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.13</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.50</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,845</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.51</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.60</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5,332</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.57</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.25</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,636</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.26</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.9375</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,019</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.04</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">10.50</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,238</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.04</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">11.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">13,666</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">7.60</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">12.75</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,401</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.29</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">13.875</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2,160</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.76</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">15.00</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,334</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.72</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">17.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">40,261</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.69</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">18.75</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3,334</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.65</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">20.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4,940</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.51</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">21.75</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">1,336</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.28</font></font></td>
<td style="padding: 0px; font-family: Arial; border-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: left; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">23.85</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">1,260</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">8.26</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"><font style="font-size: 10pt; font-family: 'times new roman', times;">Total</font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000; font-size: 10pt;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; border-right-color: #000000 !important; border-left-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-top-color: #000000 !important; border-top-width: 1pt !important; border-top-style: solid !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; border-right-color: #000000 !important; border-left-color: #000000 !important; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-top-color: #000000 !important; border-top-width: 1pt !important; border-top-style: solid !important; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">508,391</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap; width: 20px; background-color: #cceeff;">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap; width: 20px; background-color: #cceeff;">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 20px; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap; text-align: right; width: 20px; background-color: #cceeff;" align="right"> </td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap; width: 20px; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="right"> </td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap; width: 20px; background-color: #cceeff;" align="left"> </td>
</tr>
<tr>
<td style="vertical-align: bottom; padding: 0px 5px 0px 0px; white-space: nowrap;">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;">Warrants</font></p>
</td>
<td style="vertical-align: bottom; padding: 0px; white-space: nowrap;">
<p style="margin: 0pt; font-family: 'times new roman'; text-align: left;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> </font></p>
</td>
<td style="padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap; text-align: right;" align="right"></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">0.75</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">400</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">0.44</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">6.00</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">102,857</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.71</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.00</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2,666</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.58</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">9.75</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">155,545</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4.10</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">11.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">203,801</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.52</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">12.375</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">71,257</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4.11</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">12.38</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">5,557</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4.36</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">13.50</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">4,444</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.97</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">14.85</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">23,612</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">2.92</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">20.25</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">1,481</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3.63</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"><font style="font-family: 'times new roman', times; color: #000000;">$</font></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">24.375</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; border-bottom-width: 1pt !important; border-bottom-style: solid !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">53,845</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap; background-color: #cceeff;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-color: #000000 !important; background-color: #cceeff;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-color: #000000 !important; background-color: #cceeff;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">3.60</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #cceeff;" align="left"></td>
</tr>
<tr>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total</font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; padding: 0px 5px; text-align: right; font-family: Arial; color: #0000ff; font-size: 10pt; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important;" align="left"></td>
<td style="padding: 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: right; border-bottom-width: 2.8pt !important; border-bottom-style: double !important; border-bottom-color: #000000 !important;" align="right"><font><font style="font-family: 'times new roman', times; color: #000000;">625,465</font></font></td>
<td style="padding: 0px 5px 0px 0px; font-family: Arial; color: #0000ff; font-size: 10pt; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="vertical-align: bottom; font-family: 'times new roman'; padding: 0px 5px; white-space: nowrap;"><font style="font-family: 'times new roman', times; color: #000000;"> </font></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
<td style="font-family: 'times new roman'; padding: 0px; vertical-align: bottom; white-space: nowrap;" align="right"></td>
<td style="font-family: 'times new roman'; padding: 0px 5px 0px 0px; vertical-align: bottom; white-space: nowrap;" align="left"></td>
</tr>
</table>
</div>
9.75
The number of shares underlying options and warrants outstanding as of December 31, 2014 and December 31, 2013 are 949,323 and 847,777, respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive
The number of shares underlying options and warrants outstanding as of June 30, 2015 and June 30, 2014 are 1,133,856 and 847,848 respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.