X0303 4 2010-11-15 0 0001160142 InterMetro Communications, Inc. IMTO 0001370548 Touber Joshua Samuel 2685 PARK CENTER DRIVE BUILDING A SIMI VALLEY CA 93065 1 0 0 0 Common Stock 3739706 D Common Stock 123246 I See footnote Warrant 1.5 2011-12-29 Common Stock 1073132 1073132 D Stock Options 0.0406 2010-11-15 4 D 0 123232 D 2014-03-28 Common Stock 123232 0 D Stock Options 0.01 2010-11-15 4 A 0 123232 A 2014-03-28 Common Stock 123232 123232 D Stock Options 0.406 2010-11-15 4 D 0 61616 D 2016-01-20 Common Stock 61616 0 D Stock Options 0.01 2010-11-15 4 A 0 61616 A 2016-01-20 Common Stock 61616 61616 D Warrant 0.162 2011-12-29 Common Stock 134453 134453 D Warrant 0.406 2011-12-29 Common Stock 23160 23160 D Warrant 0.5 2018-07-14 Common Stock 250000 250000 D Warrant 0.01 2017-10-05 Common Stock 250000 250000 D Warrant 0.01 2017-10-05 Common Stock 200000 200000 D 2008 Convertible Note 0.25 2010-10-05 2012-02-28 Common Stock and Warrants 263750 263750 D 2009 Convertible Note 0.25 2010-10-05 2012-02-28 Common Stock and Warrants 211000 211000 D Beneficially owned by Laurel Research, Inc. All options and warrants are currently exercisable. The reported transactions involved an amendment of outstanding options, resulting in the deemed cancellation of the "old" options and the grant of replacement options. The "new" options have the same terms and are fully exercisable. These securities, which are additional consideration for modifying the terms of secured loans with InterMetro Communications, Inc. on October 5, 2010, represent principal, fees, and accrued interest that can be converted into common stock. The amount reported represents the amount of principal and fees only. If the note is converted prior to March 31, 2011, the reporting person will also receive one warrant for each share of common stock issued upon such conversion. Each such warrant will be exercisable for one share of common stock at $0.01 per share for a period of seven years from the date of issue. /s/ Joshua Touber 2010-11-16