Common use of Prior Shares Issued Under Regulation S or Regulation D Clause in Contracts

Prior Shares Issued Under Regulation S or Regulation D. In the past six months the Company raised $4,265,500 in Regulation S offerings. The Company has raised $5,000,000 in Regulation D offerings in August of 1997 a portion of which is being rolled-over. Also, the Company is in the process of raising up to an additional $3,800,000 in Regulation D financing.

Prior Shares Issued Under Regulation S or Regulation D. In the past six twelve months the Company raised $4,265,500 3,850,000 in Regulation S offeringsofferings of which $1,640,000 remains unconverted. The Company has raised $5,000,000 4,500,000 in Regulation D offerings in August of 1997 a portion the past eighteen months of which is being rolled-over. Also, the Company is in the process principal amount of raising up to an additional $3,800,000 in Regulation D financing4,500,000 remains unconverted.

Prior Shares Issued Under Regulation S or Regulation D. In the past six twelve months the Company raised $4,265,500 $ 2,600,000 in Regulation S offeringsofferings of which $500,000 has not yet been converted. The Company has raised $5,000,000 $ -0- in Regulation D offerings in August of 1997 a portion the past twelve months of which is being rolled-over. Also, the Company is in the process of raising up to an additional $3,800,000 in Regulation D financing$ -0- has not yet been converted.

Prior Shares Issued Under Regulation S or Regulation D. In the past six months the Company raised $4,265,500 in Regulation S offerings. The Company has raised $5,000,000 in Regulation D offerings in August of 1997 a portion of which is being rolled-over. Also, the Company is in the process of raising up to an additional $3,800,000 in Regulation D financingpast six months.

Prior Shares Issued Under Regulation S or Regulation D. In the past six months the Company raised $4,265,500 0 in Regulation S offeringsofferings for which it issued no shares of its Common Stock. The Company has raised $5,000,000 1,000,000 in Regulation D offerings in August of 1997 a portion of which is being rolled-over. Also, the Company is in the process of raising up to an additional $3,800,000 in Regulation D financingpast 12 months.

Prior Shares Issued Under Regulation S or Regulation D. In the past six months the Company raised $4,265,500 in Regulation S offerings. The Company has raised $5,000,000 in Regulation D offerings in August of 1997 a portion of which is being rolled-rolled over. Also, Also the Company is in the process of raising up to an additional $3,800,000 in Regulation D financing.

Prior Shares Issued Under Regulation S or Regulation D. In the past six twelve months the Company raised $4,265,500 -0- in Regulation S offeringsofferings of which $-0- remains unconverted. The Company has raised a total of $5,000,000 4,497,870 in Regulation D offerings in August of 1997 a portion the past eighteen months of which is being rolled-overthe principal amount of $1,230,000 remains unconverted. Also, $3,131,000 of the Company is in total raised was from the process sale of raising up to an additional $3,800,000 in Regulation D financingconvertible debentures.