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Doc Will

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Doc Will

Re: A deleted message

Thursday, 02/24/2011 1:10:39 PM

Thursday, February 24, 2011 1:10:39 PM

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RESERVED SHARES

As of November 30, 2010
Authorized / Issued

2008 Consultant Plan 1,865,000,000 / 1,112,757,943

2008 Employee Plan 1,110,800,000 / 475,038,733

That leaves authorized but unissued reserved shares of 1,308,003,324 that appear not to be available for sale to meet funding of POW Mill and mining startup.

I am sure that you were aware of this but did you take it into consideration in your earlier calculation of funds available from future stock sales?

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