Solidus Communications Inc (SLDC)

[DOLLARLAND]

Disclosure of Outstanding Share Data

As at the date of this quarterly report, we had 154,186,675 shares of common stock issued and outstanding. We have 1,150,000 one year warrants outstanding at an average exercise price of $0.0499 per share. These warrants expire in October and November 2011.

In September 2011, the Company issued 16,582,478 common shares in connection with the conversion of $53,397 of convertible debentures and accrued interest. The conversions had an average price of $0.00322 per share.