X0306 4 2012-10-12 0 0001160142 InterMetro Communications, Inc. IMTO 0001370548 Touber Joshua Samuel C/O INTERMETRO COMMUNICATIONS, INC. 2685 PARK CENTER DRIVE, BLDG. A SIMI VALLEY CA 93065 1 0 1 0 Common Stock 2012-10-12 4 C 0 1240348 0.15 A 4980054 D Common Stock 2012-10-12 4 C 0 619758 0.15 A 5599812 D Common Stock 123246 I See footnote Warrant 0.25 2012-10-12 4 J 0 250000 0 A 2019-10-11 Common Stock 250000 250000 D Warrant 0.01 2012-10-12 4 J 0 250000 0 A 2019-10-11 Common Stock 250000 250000 D Warrant 0.25 2012-10-12 4 J 0 200000 0 A 2019-10-11 Common Stock 200000 200000 D Warrant 0.01 2012-10-12 4 J 0 200000 0 A 2019-10-11 Common Stock 200000 200000 D Warrant 0.01 2012-10-12 4 J 0 186054 0 A 2019-10-11 Common Stock 186054 186054 D Warrant 0.01 2012-10-12 4 J 0 92965 0 A 2019-10-11 Common Stock 92965 92965 D 2008 Convertible Note 0.25 Common Stock 263750 263750 D 2008 Convertible Note 0.25 2012-10-12 4 D 0 263750 0 D Common Stock 263750 0 D 2008 Convertible Note 0.15 2012-10-12 4 A 0 186054 0 A Common Stock 186054 186054 D 2008 Convertible Note 0.15 2012-10-12 4 C 0 186054 0 D Common Stock 186054 0 D 2008 Convertible Note 0.5 2012-10-12 4 A 0 250000 0 A Common Stock 250000 250000 D 2009 Convertible Note 0.25 Common Stock 211000 211000 D 2009 Convertible Note 0.25 2012-10-12 4 D 0 211000 0 D Common Stock 211000 0 D 2009 Convertible Note 0.15 2012-10-12 4 A 0 92965 0 A Common Stock 92965 92965 D 2009 Convertible Note 0.15 2012-10-12 4 C 0 92965 0 D Common Stock 92965 0 D 2009 Convertible Note 0.5 2012-10-12 4 A 0 200000 0 A Common Stock 200000 200000 D Shares acquired through conversion of existing principal amounts on the 2008 Convertible Note (See footnote 7) Shares acquired through conversion of existing principal amounts on the 2009 Convertible Note (See footnote 7). Held in the name of Laurel Research, Inc., of which Mr. Touber is President Warrants received as consideration for modifying the terms of secured loans with InterMetro Communications, Inc. (See footnote 7) All warrants are currently exercisable. Warrants received in combination with shares acquired pursuant to conversion rights included in terms of the modified secured loans with InterMetro Communications, Inc. (See footnote 7) Effective 10/12/12, the terms of the secured loans by the 2008 and 2009 Convertible Notes were modified: (i) a portion of the principal of the 2008 and 2009 Convertible Notes were converted into shares of common stock at a rate of $0.15; (ii) warrants representing a right to purchase shares equal to the number of dollars converted were granted; and (iii) the remaining balance of the principal and accrued interest of the 2008 and 2009 Convertible Notes were converted into new promissory notes (See Footnote 8 & 9). The amount reported represents the balance of the principal, fees and accrued interest for the 2008 Convertible Note ($77,696 + $172,304) and in the aggregate represents the principal only, of the amended and restated 2008 Convertible Note ("Amended 2008 Note"). All principal, fees and accred interest are convertible into common stock at a conversion rate of $0.50 and are immediately exercisable until the note is paid in full. The amount of the Amended 2008 Note reflects principal only. The amount reported represents the balance of the principal, fees and accrued interest for the 2009 Convertible Note ($118,035 + $91,965) and in the aggregate represents the principal only, of the amended and restated 2009 Convertible Note ("Amended 2009 Note"). All principal, fees and accrued interest are convertible into common stock at a conversion rate of $0.50 and are immediately exercisable until the note is paid in full. The amount of the Amended 2009 Note reflects principal only. /s/ Joshua Touber 2012-10-16