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Thursday, 10/23/2008 10:40:58 AM

Thursday, October 23, 2008 10:40:58 AM

Post# of 220
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5890718

CALCULATION OF REGISTRATION FEE

Title of Each Class of
Securities to be
Registered Amount To Be
Registered(1) Proposed Maximum
Offering Price Per
Share Proposed Maximum
Aggregate Offering
Price Amount of
Registration Fee
Common Stock, par
value $0.001 per share 7,260,849 (2) $ 0.08 (3) $ 580,867.92 (3) $ 22.83
Common Stock, par
value $0.001 per share 132,400 (4) $ 0.00237 (7) $ 313.79 (7) $ 0.02
Common Stock, par
value $0.001 per share 953,753 (4) $ 0.60 (7) $ 572,251.80 (7) $ 22.49
Common Stock, par
value $0.001 per share 127,758 (4) $ 0.76 (7) $ 97,096.08 (7) $ 3.82
Common Stock, par
value $0.001 per share 1,030,000 (4) $ 0.49 (7) $ 504,700 (7) $ 19.84
Common Stock, par
value $0.001 per share 628,700 (4) $ 0.29 (7) $ 182,323 (7) $ 7.17
Common Stock, par
value $0.001 per share 1,266,871 (5) $ 0.08 (3) $ 101,349.68 (7) $ 3.98
Common Stock, par
value $0.001 per share 3,473,561 (6) $ 0.08 (3) $ 277,884.88 (7) $ 10.92
TOTAL 14,873,892 N/A $ 2,316,787.15 $ 91.07


(1) Pursuant to Rule 416 of the Securities Act of 1933, as amended, (the “Securities Act”) this registration statement (the “Registration Statement”) also registers such indeterminate number of additional shares of common stock that may be offered pursuant to the anti-dilution provisions set forth in the 2007 Incentive Stock Plan.


(2) Represents shares of Common Stock reserved for issuance pursuant to awards which may be granted under the 2007 Incentive Stock Plan.


(3) Estimate pursuant to Rules 457(c) under the Securities Act, solely for the purpose of calculating the registration fee, based upon the average the bid and asked price as reported on the OTCBB on September 16, 2008.


(4) Represents shares of Common Stock which may be issued upon exercise of options previously granted under the 2007 Incentive Stock Plan.


(5) Represents Stock Purchase Rights granted under the 2007 Incentive Stock Plan.


(6) Represents shares of restricted Common Stock granted under the 2007 Incentive Stock Plan of which 3,000,000 shares are subject to certain vesting terms.


(7) Calculated pursuant to Rule 457(h) under the Securities Act.


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