Investors.
CAPITAL STRUCTURE
Year-end June 30th
Director/management holdings - (fully diluted) 19%
Shares Issued and Outstanding - 17,119,831
Stock options outstanding - 1,702,400
Warrants outstanding - 2,136,000
Shares fully diluted - 20,958,231
Market capitalization (fully diluted) - $9MM
Working capital - $1,600,000
2006 CAPEX - $1,500,000
2006 G&A (est.) - $260,000