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Pastimes : 37,465th Subject

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To: caly who wrote (21)2/7/2007 3:59:22 PM
From: caly   of 68
 
MDII

As of November 9, 2006, the Company had 22,620,110 shares of common stock outstanding.

As of June 30, 2006 the Company had 22,335,110 shares of Common Stock outstanding.

As of April 30, 2006 the Company had 19,685,787 shares of Common Stock outstanding.

As of December 31, 2005 the Company had 17,685,787 shares of the Common Stock outstanding.

22,620,110 5,306,122 23.46%
+
1.6 million

24220110 5,306,122 21.9%

not fully diluted

1. 12.5% vest and are exercisable quarterly

Common Stock Option $0.39 01/24/2007 A 93,100 03/31/2007 ( 1 ) 03/31/2012 Common Stock 93,100 $0.39 150,000 D

Common Stock Option $0.39 01/24/2007 A 300,000 07/01/2007 ( 1 ) 07/01/2012 Common Stock 300,000 $0.39 500,000 D

Common Stock Option $0.39 01/24/2007 A 100,000 01/25/2007 ( 1 ) 01/25/2012 Common Stock 100,000 $0.39 300,000 D

Common Stock Option $0.39 01/24/2007 A 125,000 01/25/2007 ( 1 ) 01/25/2012 Common Stock 125,000 $0.39 275,000 D
Common Stock Option $0.39 01/24/2007 A 100,000 01/25/2007 ( 1 ) 01/25/2012 Common Stock 100,000 $0.39 278,000 D

Common Stock OPtion $0.39 01/24/2007 A 450,000 01/25/2007 ( 1 ) 01/25/2012 Common Stock 450,000 $0.39 734,800 D

Common Stock Option $0.39 01/24/2007 A 300,000 01/25/2007 ( 1 ) 01/25/2012 Common Stock 300,000 $0.39 500,000 D

Common Stock Option $0.39 01/24/2007 A 150,000 01/25/2007 ( 1 ) 01/25/2012 Common Stock 150,000 $0.39 300,000 D

Common Stock Option $0.42 01/01/2007 A 10,000 01/01/2007 01/01/2017 Common Stock 10,000 $0.42 185,000 D

Common Stock Option $0.42 01/01/2007 A 26,000 01/01/2007 01/01/2017 Common Stock 26,000 $0.42 412,500 D

Common Stock Option $0.42 01/01/2007 A 22,500 01/01/2007 01/01/2017 Common Stock 22,500 $0.42 290,000 D

Common Stock Option $0.42 01/01/2007 A 15,000 01/01/2007 01/01/2017 Common Stock 15,000 $0.42 130,000 D
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