This fine print:
Explanation of Responses:
1. Mr. Lapidus will be entitled to receive these options upon the Company having assets greater than liabilities as shown by the Company's quarterly and annual reports filed with the Securities and Exchange Commission ("SEC").
2. Mr. Lapidus will be entitled to receive these options upon the Company achieving aggregate revenues in excess of $1,000,000 in any four consecutive quarters, as shown by the Company's quarterly and annual reports filed with the SEC.