Windswept Environmental Systems, Inc. (fka WEGI)

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In last 2 years WEGI contractually agreed to pledge Laurus Master Fund MILIONS as shares at .0001 > I just did quick scan of the filing, I will stop by tomorrow and or next days and answer Cargo Hauler and Birks request for me to post some info.

Here are some interesting issues I noticed in my quick scan thru > All directly Cut n pasted from the current SEC filing >

http://www.sec.gov/Archives/edgar/data/814915/000114420407027666/0001144204-07-027666-index.htm

On September 12, 2005, the Company issued 1,500,000 shares of its common stock to Laurus in connection with its partial exercise of the option issued to it in connection with its original investment at an exercise price of $.0001 per share for an aggregate exercise price of $150


REAFFIRMATION AND RATIFICATION AGREEMENT

April 17, 2007

Purchaser and the Company granting Purchaser the right to purchase 30,395,179 shares of the Company's common stock, par value $0.0001 per share (the "Common Stock") at an exercise price of $.0001 per share

Not to mention the notes to the current filing outlines this look into the share structure >

The diluted loss per share for the three and nine months ended March 31, 2007 excludes from the calculation 79,996,452 shares issuable upon the exercise of stock options and warrants and 25,395,710 shares issuable upon the conversion of convertible securities, respectively.

They DO notate the risk to common stock>

Equity Price Risk - Our primary market risk exposure relates to the shares of common stock issuable upon conversion of the Note. In connection with the issuance of the Note, we issued to Laurus a warrant to purchase 13,750,000 shares of our common stock and options to purchase 30,395,175 and 11,145,000 shares of our common stock. On September 12, 2005, we issued 1,500,000 shares of our common stock to Laurus in connection with its partial exercise of the original option. These shares have been recorded at their intrinsic value, which is based on the difference between the exercise price per share and the market price per share of our common stock on June 30, 2005, the date of issuance at the inception date of the agreement.