WARRANTS
We currently have eight different classes of warrants outstanding as
follows: Mobilestream Acquisition Warrants and Carbon Recovery Class B, D, and E
Acquisition Warrants, the 2007 Private Placement Warrants, the 2007 Private Sale
Warrants, the 2007 December 2007 Private Placement Warrants, the Black Diamond
Warrants and the Nutmeg Warrants, all of which may be converted into shares of
our Common Stock, with these characteristics:
CLASS NUMBER EXERCISE PRICE EXPIRATION DATE
Mobilestream 3,705,867 $4.75 December 31, 2008
B 3,908,340 $2.75 December 31, 2008
D 1,397,500 $2.75 December 31, 2008(1)
E 1,397,600 $4.00 December 31, 2008
Private Placement 400,000 $-0- December 31, 2009
Private Placement 400,000 $0.80 December 31, 2009
Private Sale 290,000 $2.50 December 31, 2008
Private Sale 215,040 $2.75 December 31, 2008
Private Placement 650,000 $2.00 December 31, 2012
