The following table sets forth certain information, as of April 30, 2012, respecting the beneficial ownership of our outstanding common stock by: (i) any holder of more than 5%; (ii) each of the Named Executive Officers and directors; and (iii) our directors and Named Executive Officers as a group, based on 1,829,302,289 shares of common stock outstanding. Except as otherwise indicated, each stockholder listed below has sole voting and investment power over the shares beneficially owned:
Name of Person or Group Nature of Ownership Amount Percent
Principal Stockholders: Iehab J. Hawatmeh Common stock 102,633,761 5.6% 4125 South 6000 West Options (1) 6,000,000 0.3% West Valley City, Utah 84128
All Executive Officers and Directors as a Group (3 persons): Common Stock 191,443,194 10.5% Total 199,843,194 10.9% _______________ (1) Excludes options to purchase up to 24,000,000 shares that have been accrued for services provided during 2008, 2009, 2010, and 2011. These options can be exercised any time upon issuance at exercise prices ranging between $0.002 and $0.016 per share.
(2) Includes 2,599,500 shares beneficially owned by Mr. Nora’s spouse. Includes 12,000,000 shares received from Mrs. Sawabini, on behalf of her husband Mr. Fakhouri.
(3) Excludes options to purchase up to 9,600,000 shares that have been accrued for services provided during 2008, 2009, 2010, and 2011. These options can be exercised any time upon issuance at exercise prices ranging between $0.002 and $0.016 per share.
(4) Excludes options to purchase up to 2,000,000 shares that have been accrued for services provided 2011. These options can be exercised any time upon issuance at an exercise price of $0.0021 per share.
The persons named in the above table have sole or shared voting and dispositive power respecting all shares beneficially owned, subject to community property laws where applicable. Beneficial ownership is determined according to the rules of the Securities and Exchange Commission, and generally means that a person has beneficial ownership of a security if he or she possesses sole or shared voting or investment power over that security. Each director, officer, or 5% or more stockholder, as the case may be, has furnished us information respecting beneficial ownership. Except as otherwise indicated, we believe that the beneficial owners of our common stock listed above, based on the information each of them has given to us, have sole or shared investment and voting power respecting their shares, except where community property laws may apply.
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