----

|                                                           |   |            Three Months                                      |        |   |     Nine      Months                                 |   |
|----------------------------------------------------------------|--------|---------------------------------------------------------------------------------------|-------------|--------|---------------------------------------------------------------------|--------|
|                                                           |   |                 Ended September 30, |        |   |         Ended      September 30, |   |
|                                                           |   |    2009                                                                     |        |   |     2008                                             |   |   |     2009 |   |   |     2008 |   |
| Basic      Earnings Per Share:                                 |   |                                                                                  |        |   |                                                                |   |   |   |   |   |   |   |
| Net loss                                             |   | $                                                                                     | (19,696,483 | )      |                                                                | $      | (18,973,448 | ) |   | $ | (30,627,188 | ) |   | $ | (24,651,059 | ) |
|                                                           |   |                                                                                  |        |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Earnings on common shares                                      |   | $                                                                                     | (19,696,483 | )      |                                                                | $      | (18,973,448 | ) |   | $ | (30,627,188 | ) |   | $ | (24,651,059 | ) |
|                                                           |   |                                                                                  |        |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average      commonshares outstanding – basic   |   |                                                                                  | 7,918,217   |   |                                                                |   | 7,918,217 |   |   |   | 7,918,217 |   |   |   | 7,918,119 |   |
|                                                           |   |                                                                                  |        |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Basic earnings per common      share                           |   | $                                                                                     | (2.49       | )      |                                                                | $      | (2.40 | ) |   | $ | (3.87 | ) |   | $ | (3.11 | ) |
|                                                           |   |                                                                                  |        |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      Earnings Per Share:Net loss                       |   | $                                                                                     | (19,696,483 | )      |                                                                | $      | (18,973,448 | ) |   | $ | (30,627,188 | ) |   | $ | (24,651,059 | ) |
|                                                           |   |                                                                                  |        |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average      commonShares outstanding – diluted |   |                                                                                  | 7,918,217   |   |                                                                |   | 7,918,217 |   |   |   | 7,918,217 |   |   |   | 7,949,943 |   |
|                                                           |   |                                                                                  |        |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      earnings per common share                         |   | $                                                                                     | (2.49       | )      |                                                                | $      | (2.40 | ) |   | $ | (3.87 | ) |   | $ | (3.10 | ) |