Odyssey Petroleum Corp (ODEFF)

[dayneyus]

Shares outstanding:
At September 30, 2010 and the current date, the Company has 187,088,733 shares outstanding.

Management Cease Trade Order

On September 18, 2010, the Company’s requested the B.C. Securities Commission to issue a Management Cease Trade Order (“MCTO”) as the annual audited financial statements for the year ended December 31, 2009 could not be SEDAR filed on time. The Company completed the financial statement filing on July 13, 2010, but the Company continues to be under a MCTO until the 51-101 reserve report is filed. An independent party has been engaged to complete the reserve report, which is currently being prepared.