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Re: ypsiCPA post# 10245

Friday, 01/30/2009 7:21:13 PM

Friday, January 30, 2009 7:21:13 PM

Post# of 51905

SELLING STOCKHOLDERS
The selling stockholders will be our current or future officers, directors, consultants and employees who acquire shares of our common stock pursuant to the Plan and are considered our “affiliates” as that term is defined in the federal securities laws. The selling stockholders may from time to time resell all, a portion, or none of the shares of our common stock covered by this Resale Prospectus.


As of the date of this Prospectus, no shares of common stock were subject to existing options under the Plan, and 200,000,000 were available for future grants.

http://www.sec.gov/Archives/edgar/data/1085069/000137219809000004/ex41.htm

EXHIBIT 4.1
2009 STOCK OPTION PLAN


American Security Resources Corp.
2009 Stock Option Plan

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