Item XVII List of securities offerings and shares issued for services in the past two years
i) Securities were offered to Messrs. Tang and Hassoun in the amount of Seventeen Million Four Hundred Five Thousand (17,405,000) common shares each in lieu of compensation for their continued service to the Company. The shares held from this issuance are restricted.
ii) Securities have been and currently are being offered pursuant to SEC Rule 504. Please refer to Form 504 filed on August 14, 2009.