We have a whack of warrants expiring in the next three months as follows -

June 2014 8,750,000 .12

July " 15,000,000 .10

August " 26,400,000 .10

Total - 50,150,000

With other amounts 2016 - 2019 (21,000,000 @ .15 Aug. 2016)

Compensation Options

June 2014 750,000 .12

I am sure there a lot of shareholders out there who will not be too happy with the present low price who would like to exercise their warrants, although with now, in excess of two million shares on some days, offered @ .065, it would seem like a much better deal than the .10 to .12 range. rj

note - this info was as of December 31st 2013