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Monday, April 19, 2010 2:45:43 PM
All warrant holders that exercise their "B" warrant on or before September 11th, 2009 will receive 2 shares of restricted common stock for a total cost at $.003 or $.0015 per share.
Two for one before sept 11
A-1,000,000 x .0008 = $800
B-1,000,000 x .0015 = $1500
B-1,000,000 x .0015 = $1500
_________________________
3,000,000 = $3800
$3800 / 3,000,000 = .001266 average
After sept 11
A-1,000,000 x .0008 = $800
B-1,000,000 x .003 = $3000
_________________________
2,000,000 = $3800
$3800 / 2,000,000 = .0019 average
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