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Re: None

Tuesday, 03/08/2011 8:42:24 AM

Tuesday, March 08, 2011 8:42:24 AM

Post# of 92948
Warrants,


Jon, the warrants(as they are called) for Optimus and Socius financing are NOT the same as the warrants issued to CD holders under the amended terms to fend off default.

The CD holders received warrants that can be exercised at 10 cents any time prior to June 30,2014. When holders exercise these warrants the monies received go to ACT's treasury. When first registered there was approx 192MM warrants. Some of these warrants were cancelled when Bristol received approx. 50MM shares at .02 from lawsuit..The upcoming 10K due by next Wednesday will determine what was exercised. Once again, the warrants for Optimus and Socius are called warrants but do not fit into above category. Hope that helps you.http://www.sec.gov/Archives/edgar/data/1140098/000101376209001837/forms1.htm

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