Ann: Release of Securities from Voluntary Escrow, page-70

The company as it currently stands will not have 2.2 billion shares on issue...

At the moment the company has $1.024 billion shares on issue... If all OB oppies get converted it will add another 616 million to the register but it will give the company an extra $6,160,000 in the bank... You can not include the OA oppies because they will most likely expire worthless... Also you can not include performance shares at the moment since if approved, it will change the fundamentals of the company for the better which will command a larger market cap because it will be more derisked....

So as it stands, since the OB oppies are in the money I will include them to the register and bank balance at the current moment if exercised...

1.64 billion shares on issue with potentially around $7.5m in the bank for a market cap of $37m... Still very undervalued imo