Profile

IN ADDITION TO THE POTENTIAL CASH TOTAL, THE AGENTS MAY RECEIVE UP TO A MAXIMUM OF 730,767 WARRANTS. EACH WARRANT MAY BE EXERCISED FOR 1 COMMON SHARE AT A PRICE OF $2.34 PER SHARE FOR A PERIOD OF 7.5 YEARS FROM DATE OF ISSUANCE.

2015-12-21

$87,504.00

$0.00

IN ADDITION TO CASH, THE AGENT MAY RECEIVE UP TO 64,106 WARRANTS. EACH WARRANT MAY BE EXERCISED FOR 1 COMMON SHARE AT A PRICE OF $2.34 PER SHARE FOR A PERIOD OF 7.5 YEARS FROM DATE OF ISSUANCE.

2015-12-21

$380,155.00

$0.00

CASH FEE EQUAL TO 7.2% OF GROSS PROCEEDS PLACED BY THE PLACEMENT AGENTS PLUS WARRANTS TO PURCHASE COMMON STOCK EQUAL TO 10% OF THE SHARES SOLD IN THE OFFERING.

2015-12-04

$2,741,872.00

Yes

$0.00

INCLUDES THE ISSUANCE OF A WARRANT TO PURCHASE SERIES A PREFERRED STOCK UNDERLYING SHARES OF COMMON STOCK REPRESENTING A VALUE OF $723,000.

2015-10-05

D/A

$1,375,260.00

Yes

$0.00

2015-09-16

D/A

$16,350.00

Yes

$0.00

2015-09-14

D/A

$29,806.00

Yes

$0.00

2015-08-24

D/A

$75,000.00

Yes

$0.00

2015-08-24

D/A

$1,125,000.00

Yes

$0.00

2015-07-27

$402,344.00

$0.00

2015-06-25

$1,200,000.00

$0.00

2015-04-06

D/A

$0.00

2015-02-25

D/A

$720,000.00

Yes

$0.00

2015-01-09

$420,000.00

Yes

$0.00

2014-12-23

$712,288.00

$0.00

CASH FEE EQUAL TO 7% OF GROSS PROCEEDS PLACED BY THE AGENT(S) PLUS WARRANTS TO PURCHASE COMMON STOCK EQUAL TO 7% OF THE SHARES SOLD IN THE OFFERING.

2014-09-23

$500,000.00

Yes

$0.00

COMMISSIONS ARE BASED ON A PERCENTAGE. THIS IS THE MAXIMUM AMOUNT PAYABLE ASSUMING FULL AMOUNT OF OFFERING IS SOLD. COMMISSION INCLUDES WARRANTS IN ADDITION TO CASH PAYMENT.

2014-09-17

D/A

$811,098.00

$0.00

TOTAL SALES COMMISSION INCLUDES REIMBURSEMENT OF FEES AND ISSUANCE OF OF 557,100 SHARES OF COMMON STOCK.

2014-06-26

$29,806.00

Yes

$0.00

2014-06-04

$16,350.00

Yes

$0.00

2014-05-21

D/A

$0.00

BROOKLINE GROUP, LLC WILL RECEIVE A CASH FEE EQUAL TO 8% AND AN EQUITY FEE PAYABLE IN COMMON STOCK EQUAL TO 6% OF THE GROSS OFFERING PROCEEDS RECEIVED BY THE COMPANY FROM INVESTORS INTRODUCED BY BROOKLINE.

2014-05-15

$1,125,000.00

Yes

$0.00

2014-05-09

D/A

$1,375,260.00

Yes

$0.00

2014-04-21

$1,018,240.00

Yes

$0.00

THE AGENT ALSO RECEIVED WARRANTS EXERCISABLE FOR APPROXIMATELY 1,720,199 SHARES OF COMMON STOCK OF THE ISSUER AT A PRICE OF CDN$0.81 PER SHARE FOR A PERIOD OF 60 MONTHS WITH RESPECT TO THE U.S. PORTION OF THE OFFERING.

2014-04-01

D/A

$145,500.00

$0.00

CASH FEE EQUAL TO 6% OF GROSS PROCEEDS PLACED BY THE AGENT(S) PLUS WARRANTS TO PURCHASE COMMON STOCK EQUAL TO 10% OF THE SHARES ISSUABLE UPON EXERCISE OF WARRANTS ISSUED TO INVESTORS PLACED BY THE AGENT(S).

2014-01-10

$69,400.00

$0.00

SALES COMMISSIONS ARE $14,000 FOR BROOKLINE GROUP, LLC AND $55,400 FOR MONARCH CAPITAL GROUP LLC.

2013-10-30

D/A

$320,000.00

Yes

$0.00

COMMISSIONS ARE BASED ON A PERCENTAGE. THIS IS THE MAXIMUM CASH AMOUNT PAYABLE ASSUMING FULL AMOUNT OF OFFERING IS SOLD. THE PLACEMENT AGENT WILL ALSO RECEIVE WARRANTS IN ADDITION TO CASH PAYMENT.

2013-08-29

$60,000.00

$0.00

2013-07-03

$280,000.00

Yes

$0.00

COMMISSIONS ARE BASED ON A PERCENTAGE. THIS IS THE MAXIMUM AMOUNT PAYABLE ASSUMING FULL AMOUNT OF OFFERING IS SOLD. COMMISSION INCLUDES WARRANTS IN ADDITION TO CASH PAYMENT.

2013-06-20

D/A

$80,000.00

$0.00

2013-06-10

$10,000.00

$0.00

2013-06-03

$80,000.00

$0.00

2013-05-03

$30,000.00

Yes

$0.00

THE COMPANY SHALL PAY THE BROKER A CASH FEE OF TEN % OF THE GROSS CASH PROCEEDS AND WARRANTS FOR TEN % OF THE SHARES ISSUED AT THE SAME TERMS AS THE INVESTOR.

2013-04-24

$60,000.00

$0.00

2013-04-01

$50,000.00

$0.00

2013-03-27

D/A

$101,664.00

Yes

$0.00

THE UNDERWRITERS ALSO RECEIVED BROKER WARRANTS EXERCISABLE FOR APPROXIMATELY 1,962,087 SHARES OF COMMON STOCK OF THE ISSUER AT A PRICE OF CDN$0.575 PER SHARE FOR A PERIOD OF 60 MONTHS WITH RESPECT TO THE U.S. PORTION OF THE OFFERING.

2013-03-25

$40,000.00

Yes

$0.00

PLACEMENT AGENT TO RECEIVE CASH EQUAL TO 8% GROSS PROCEEDS RAISED THROUGH INVESTORS INTRODUCED BY IT AND WARRANTS TO PURCHASE COMMON STOCK EQUAL TO 8% OF THE TOTAL NUMBER OF SHARES OF COMMON STOCK PURCHASED BY INVESTORS.

2013-03-15

$85,000.00

Yes

$0.00

THE COMPANY SHALL PAY THE BROKER A CASH FEE OF TEN PERCENT OF THE GROSS CASH PROCEEDS AND TEN PERCENT OF THE WARRANTS ISSUED AT THE SAME TERMS AS THE INVESTOR.

2013-03-15

$85,562.00

Yes

$0.00

THE UNDERWRITERS ALSO RECEIVED BROKER WARRANTS EXERCISABLE FOR APPROXIMATELY 1,926,087 SHARES OF COMMON STOCK OF THE ISSUER AT A PRICE OF CDN$0.575 PER SHARE FOR A PERIOD OF 60 MONTHS WITH RESPECT TO THE U.S. PORTION OF THE OFFERING.

2013-03-07

$0.00

2013-02-07

$1,104,202.00

$0.00

2013-01-11

$100,000.00

$0.00

2013-01-10

$24,000.00

Yes

$0.00

2012-12-27

$240,000.00

Yes

$0.00

PLACEMENT AGENT WILL RECEIVE CASH EQUAL TO 8% GROSS PROCEEDS RAISED THROUGH INVESTORS INTRODUCED BY IT AND WARRANTS TO PURCHASE NUMBER OF SHARES OF COMMON STOCK EQUAL TO 8% OF THE TOTAL NUMBER OF SHARES PURCHASED BY SUCH INVESTORS AT $1.10 EXERCISE PRICE.

2012-11-21

$123,700.00

Yes

$0.00

2012-10-11

D/A

$127,243.00

Yes

$0.00

Yes

2012-09-06

$480,000.00

Yes

$0.00

PLACEMENT AGENT WILL RECEIVE CASH EQUAL TO 8% OF TOTAL GROSS PROCEEDS RAISED AND WARRANTS TO PURCHASE A NUMBER OF SHARES OF COMMON STOCK EQUAL TO 8% OF THE TOTAL NUMBER OF SHARES RAISED IN THE OFFERING EXERCISABLE AT AN EXERCISE PRICE OF $2.20 PER SHARE

2012-08-16

$182,500.00

$0.00

2012-07-16

$500,000.00

$0.00

SALES COMMISSIONS CONSISTED OF APPROXIMATELY $500,000 AND 5 YEAR WARRANTS TO PURCHASE AN AGGREGATE OF APPROXIMATELY 400,000 SHARES OF COMMON STOCK AT AN EXERCISE PRICE OF $1.10 PER SHARE.

2012-01-10

$0.00

THE PLACEMENT AGENT IS ENTITLED TO COMPENSATION EQUAL TO 8% OF THE TOTAL PROCEEDS RECEIVED ONLY FROM INVESTORS INTRODUCED TO THE COMPANY. INVESTORS IN THE CLOSING WERE NOT INTRODUCED BY THE PLACEMENT AGENT.

2011-10-14

D/A

$30,154.00

Yes

$0.00

Yes

2011-09-23

$105,000.00

Yes

$0.00

2011-09-16

D/A