X0202 3 2006-02-04 0 0001107522 WORLD AM, INC. WDAM 0001381869 PIRONTI GEORGE RAYMOND JR 3959 VAN DYKE ROAD, #152 LUTZ FL 33558 0 0 1 0 Option 0 2006-01-29 2010-01-29 Common Stock 3774194 D Warrants 0 2005-02-04 2008-02-04 Common Stock 22500000 D Exercisable at 10% of the closing price on the date of exercise. This option was granted on July 28, 2005 in payment for services rendered to the company. These warrants were purchased in a private offering on February 4, 1005. According to the provisions of the warrants, the number of shares underlying the warrant is obtained by dividing the purchase price of three units by the lowest reported bid price of the Company's common stock during the 365-day period following the commencement of the pricing period (February 4, 2005); this number was fixed at 22,500,000 shares on February 4, 2006 (15,000,000 shares plus 7,500,000 shares based on the 1 for 2 stock divideent on August 15, 2005). Exercisable at $0.0025 per share. G. Raymond Pironti 2007-04-05