Exhibit 8.1

LIST OF SUBSIDIARIES

The Company has the following wholly-owned subsidiaries:

• MAST INC., a Delaware corporation.
• 7070179 Canada Inc., a Canadian corporation.
• Pageant International, incorporated under the laws of the Turks & Caicos Islands and continued to Barbados.
• Pageant Technologies (USA) Inc., a Utah corporation and a wholly-owned subsidiary of Pageant International.
• Memtech International Inc, incorporated under the laws of the Bahamas.
• Memtech International (USA) Inc., a Delaware corporation and a wholly-owned subsidiary of Memtech International.