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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;&lt;b&gt;3. &lt;/b&gt;&amp;#160;&amp;#160;&lt;b&gt;LOSS PER SHARE&lt;/b&gt;
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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Basic loss per common share is calculated based upon net loss available to holders of common
   shares divided by the weighted average number of shares outstanding. For the three months ended
   June&amp;#160;30, 2010 and 2009, as the Company was in a net loss position, the diluted loss per share does
   not assume conversion or exercise of stock options and awards as they would have an anti-dilutive
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   common stock outstanding for the three months ended June&amp;#160;30, 2010 and 2009 were 95,326,137 and
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   &lt;div align="left" style="font-size: 10pt; margin-top: 10pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The following amounts are not included in the calculation of diluted loss per common share
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   &lt;/div&gt;&lt;/td&gt;
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       &lt;td align="right"&gt;13,768&lt;/td&gt;
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      <ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 128
 -Paragraph 40

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