Stock transactions and preferred stock dividends (Tables)

9 Months Ended

Sep. 30, 2013

Information regarding the conversions is set forth below.


Name of Holder	Number of Shares of Series A1 Preferred Stock Converted		Number of Common Shares Issued
Burlingame Equity Investors II, LP		16		100,800
Burlingame Equity Investors Master Fund, LP		184		1,159,200
Charles B. Davis*		100		1,333,333
Tucker Family Investments LLLP		25		333,333
Mark Venjohn		10		133,333
Pete Haman		35		466,667
Nicholas L. Scheidt*		100		1,333,333
Michael J. Finney		5		66,667
William and Sara Kroske		2.5		33,333
Michael A. Geller		10		133,333
John H. Rosasco		10		133,333
Lyon Oil & Gas Company		10		133,333
T P Furlong		5		66,667

*	Executive Officer and Director of the Company

Transactions for Cash Consideration, Promissory Notes and Cancellation of Certain Series A1 Preferred Shares

In addition, in connection with the conversions of Series A1 Preferred Stock by Burlingame Equity Investors II, LP and Burlingame Equity Investors Master Fund, LP, the Company also entered into transactions with these entities in exchange for cash consideration, promissory notes and cancellation of certain Series A1 Preferred Shares.


Name of Holder	Cash Consideration		Promissory Note – Principal		Series A1 Preferred Shares Cancelled
Burlingame Equity Investors II, LP	$	4,000	$	48,000		16
Burlingame Equity Investors Master Fund, LP	$	46,000	$	552,000		184