----

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|   | REVOLUTIONS MEDICAL CORPORATON      |   |
|--------|-------------------------------------|--------|
|   | (Name of Registrant in its Charter) |   |

| Nevada                                                              |   | 0-28629       |   | 73-1526138                                         |
|---------------------------------------------------------------------|--------|-------------------------|--------|----------------------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (SEC File Number)  |   | (I.R.S. Employer  Identification Number) |

| Large accelerated filer                                        | o | Accelerated filer         | o      |
|---------------------------------------------------------------------|---|---------------------------|--------|
| Non-accelerated filer (Do not check if a smaller reporting company) | o | Smaller reporting company | þ |

----

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----

| 1.   | Add discussion of our results of operations for the year ended December 31, 2008 compared to the year ended December 31, 2007 |
|----------------|-------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Correct Item 8a, Controls and procedures to correct the date and to explain our plans to remediate material weaknesses. |
|----------------|-------------------------------------------------------------------------------------------------------------------------|

| 3.   | Correct language related to Note 3 to the financial statements , Mutual Release and Settlement Agreement With Former CEO |
|----------------|--------------------------------------------------------------------------------------------------------------------------|

| 4.   | To expand verbiage in Note 1, Long-Lived Assets related to the goodwill on the financial statements. |
|----------------|------------------------------------------------------------------------------------------------------|

| 5.   | To correct the Section 302 (Exhibits 31.1 and 31.2) and provided updated signed certifications of Section 906 certifications (Exhibit 99.1 and 99.2) |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Quarter ended       |   | High   |   |   | Low    |   |
|--------------------------|--------|--------|--------|--------|--------|--------|
| December 31, 2008   |   | $      | 0.480  |   |   | $      | 0.140 |   |
| September 30, 2008  |   | $      | 0.570  |   |   | $      | 0.260 |   |
| June 30, 2008       |   | $      | 0.590  |   |   | $      | 0.120 |   |
| March 31, 2008      |   | $      | 0.205  |   |   | $      | 0.069 |   |
| December 31, 2007   |   | $      | 0.300  |   |   | $      | 0.060 |   |
| September 30, 2007       |   | $      | 0.650  |   |   | $      | 0.260 |   |
| June 30, 2007       |   | $      | 1.000  |   |   | $      | 0.410 |   |
|                     |   |   |   |   |   |   |   |   |

----

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|                                  |   |                            |   |   |    |      |   |    |   |                     |   |   | Long Term Compensation  |   |
|---------------------------------------|--------|---------------------------------|--------|--------|---------|-----------|--------|---------|--------|--------------------------|--------|--------|-------------------------|--------|
|                                  |   | Annual Compensation   |   |   | Awards  |      |   | Payouts |   |
| Name and PrincipalPosition  |   | Year                       |   | Salary |    |      | Bonus  |    |   | OtherAnnual Compensation |   |   | Restricted Stock Awards |   |   | Securities Underlying Options /SARs |   |   | LTIP Payouts |   |   | All Other Compensation |   |
|                                  |   |                            |   |   |    |      |   |    |   |                     |   |   |                    |   |   |   |   |   |   |   |   |   |   |
| Ron Wheet,CEO                    |   | 2007                            |   | $      | 150,000 | (1)  |   | $       | -0-    |                     |   | $      | -0-                     |   |   |   |   |   |   | $ | 142,000 | (2) |   | $ | -0- |   |   | $ | -0- |   |
|                                  |   |                            |   |   |    |      |   |    |   |                     |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ron Wheet,CEO                    |   | 2008                            |   | $      | 206,250 | (3)  |   | $       | -0-    |                     |   | $      | -0-                     |   |   |   |   |   |   | $ | - |   |   | $ | -0- |   |   | $ | -0- |   |

----

| Name            |   | Shares Acquired on Exercise  |   | Value Realized         |   | Number of Securities Value of Underlying Unexercised  Options/SARs at FY-End Exercisable/ Unexercisable  |   | Unexercised In-the-Money Options/SARs at FY-End Exercisable/Unexercisable |
|----------------------|--------|----------------------------------------|--------|-----------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------|
|                 |   |                                   |   |                        |   |                                                                                                                                        |   |                                                                           |
|  Ron Wheet, CEO |   | N/A                               |   | N/A     |   | 7,000,000(1)                                                                                                                                |   | .08 exercise price                                                             |

| Name and Address                                                    |   |   Beneficial  Relationship to Company |   |     Outstanding  Common Stock |   |  Percentage of Ownership Common Stock |
|---------------------------------------------------------------------|--------|-----------------------------------------------------------|--------|-------------------------------------------------------------|--------|--------------------------------------------|
|                                                                |   |                                                      |   |                                                        |   |                                       |
| Rondald L. Wheet 2073 Shell Ring Circle Mt. Pleasant, SC 29466 |   | CEO and Director                                     |   | 3,312,000                                         |   | 11.10%*                                    |
|                                                                |   |                                                      |   |                                                        |   |                                       |
| Dr. Thomas Beahm                                                    |   | Director                                        |   | 2,298,349                                              |   | 7.70%                                      |
|                                                                |   |                                                      |   |                                                        |   |                                       |
| Thomas O'Brien                                       |   | Director                                        |   | 1,784,349                                              |   | 5.98%                                      |

----

----

| Independent Registered Public Accounting Firm                                                                                          | 23     |
|----------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                   |   |
| Balance Sheets At December 31, 2008 and 2007                                                                                           | 24     |
|                                                                                                                                   |   |
| Statements Of Operations From Inception (August 16, 1996) Through December 31, 2008 And For The Years Ended December 31, 2008 and 2007 | 25     |
|                                                                                                                                   |   |
| Statements Of Cash Flows From Inception (August 16, 1996) Through December 31, 2008 And For The Years Ended December 31, 2008 and 2007 | 26     |
|                                                                                                                                   |   |
| Statements Of Shareholders' Equity From Inception (August 16, 1996) Through December 31, 2008                                          | 27     |
|                                                                                                                                   |   |
| Notes to Financial Statements                                                                                                          | 32     |

----

|   |                                        |   |
|--------|---------------------------------------------|--------|
|   | /s/ Sutton Robinson Freeman & Co., P. C |   |
|   |                                        |   |
|   |                                        |   |
|   | Sutton Robinson Freeman & Co., P. C.    |   |
|   | Certified Public Accountants                |   |
|   |                                        |   |
|   | March 30, 2009                              |   |
|   | Tulsa, Oklahoma                             |   |

----

|                                                                          |   | December 31, 2008 |        |    | December 31, 2007 |   |
|-------------------------------------------------------------------------------|--------|-------------------|-------------|---------|-------------------|--------|
| ASSETS                                                                        |   |              |        |    |              |   |
| CURRENT ASSETS                                                                |   |              |        |    |              |   |
| Cash                                                 |   | $                 | 4,796       |    |              | $      | 2,398 |   |
| Goodwill                                                  |   |              | 23,276      |    |              |   | 23,276 |   |
|                                                                          |   |              |        |    |              |   |   |   |
|  TOTAL ASSETS                                             |   | $                 | 28,072      |    |              | $      | 25,674 |   |
|                                                                          |   |              |        |    |              |   |   |   |
| LIABILITIES AND SHAREHOLDERS' EQUITY                                          |   |              |        |    |              |   |   |   |
|                                                                          |   |              |        |    |              |   |   |   |
| CURRENT LIABILITIES                                                           |   |              |        |    |              |   |   |   |
| Accounts payable and accrued liabilities                            |   | $                 | 466,683     |    |              | $      | 284,286 |   |
| Accrued Salaries                                                    |   |              | 1,158,103   |    |              |   | 1,214,563 |   |
| Notes Payable and Accrued Interest                                  |   |              | 143,429     |    |              |   | 295,097 |   |
|                                                                          |   |              |        |    |              |   |   |   |
|     Total current liabilities                   |   |              | 1,768,215   |    |              |   | 1,794,036 |   |
|                                                                          |   |              |        |    |              |   |   |   |
|        Total liabilities    |   |              | 1,768,215   |    |              |   | 1,794,036 |   |
|                                                                          |   |              |        |    |              |   |   |   |
| Minority Interest                                              |   |              | --          |    |              |   | (122,750 | ) |
|                                                                          |   |              |        |    |              |   |   |   |
| SHAREHOLDERS' DEFICIENCY                                                      |   |              |        |    |              |   |   |   |
| Preferred stock, $0.001 par value,                                            |   |              |        |    |              |   |   |   |
|  5,000,000 shares authorized; 1,000,000 shares                           |   |              |        |    |              |   |   |   |
|  issued and outstanding                              |   |              | 1,000       |    |              |   | 1,000 |   |
| Common stock, $0.001 par value,                                               |   |              |        |    |              |   |   |   |
| 250,000,000 shares authorized; 26,883,195 and                                 |   |              |        |    |              |   |   |   |
| 18,127,422 shares issued and outstanding at                                   |   |              |        |    |              |   |   |   |
| December 31, 2008 and 2007, respectively                       |   |              | 26,883      |    |              |   | 18,127 |   |
|                                                                          |   |              |        |    |              |   |   |   |
| Paid in capital                                      |   |              | 18,769,691  |    |              |   | 17,537,824 |   |
| Deficit accumulated during the development stage                              |   |              | (20,537,717 | )  |              |   | (19,202,563 | ) |
|                                                                          |   |              |        |    |              |   |   |   |
|     Total shareholders' deficiency         |   |              | (1,740,143  | )  |              |   | (1,645,612 | ) |
|                                                                          |   |              |        |    |              |   |   |   |
| TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIENCY                           |   | $                 | 28,072      |    |              | $      | 25,674 |   |

----

|                                                    |   | FROM INCEPTION (AUGUST 16, 1996) THROUGHDECEMBER 31, 2008 |        |          | YEAR ENDEDDECEMBER 31, 2008 |   |       | YEAR ENDEDDECEMBER 31, 2007 |   |
|---------------------------------------------------------|--------|-------------------------------------------------------------------------------|-------------|---------------|----------------------------------|--------|------------|---------------------------------------|--------|
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |
| Investment Income                   |   | $                                                                             | 170,753     |          |                             | $      | --         |                                  |   | $ | -- |   |
| Other Income                             |   |                                                                          | 3,857       |          |                             |   | --         |                                  |   |   | -- |   |
|                                                    |   |                                                                          | 174,610     |          |                             |   | --         |                                  |   |   | -- |   |
| EXPENSES                                                |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Research and development            |   |                                                                          | 2,283,056   |          |                             |   | 246,040    |                                  |   |   | 166,030 |   |
|     Purchased R&D- Clear Image       |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Transaction (See Note 3)                      |   |                                                                          | 3,309,515   |          |                             |   | --         |                                  |   |   | 3,309,515 |   |
| General and administrative          |   |                                                                          | 14,567,764  |          |                             |   | 831,528    |                                  |   |   | 847,166 |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
|     Total operating expenses   |   |                                                                          | 20,160,335  |          |                             |   | 1,077,568  |                                  |   |   | 4,322,711 |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Operating loss                                |   |                                                                          | (19,985,725 | )   |                             |   | (1,077,568 | )                 |   |   | (4,322,711 | ) |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Interest income                               |   |                                                                          | 17,276      |          |                             |   | --         |                                  |   |   | -- |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Interest expense                                   |   |                                                                          | 122,297     |          |                             |   | --         |                                  |   |   | 37,663 |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Gain on disposal of assets                    |   |                                                                          | 794         |          |                             |   | --         |                                  |   |   | -- |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Gain on extinguishment of debt           |   |                                                                          | 10,398      |          |                             |   | 10,398     |                                  |   |   | -- |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Depreciation and amortization       |   |                                                                          | 75,536      |          |                             |   | --         |                                  |   |   | -- |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Compensation cost for options                      |   |                                                                          | 566,049     |          |                             |   | 342,801    |                                  |   |   | 223,248 |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Net loss before minority interest                  |   |                                                                          | (20,721,139 | )        |                             |   | (1,409,971 | )                      |   |   | (4,583,622 | ) |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Minority Interest in Subsidiary Loss               |   |                                                                          | (183,422    | )   |                             |   | (74,817    | )                 |   |   | (108,605 | ) |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Net loss from operations                           |   | $                                                                             | (20,537,717 | )        |                             | $      | (1,335,154 | )                                |   | $ | (4,475,017 | ) |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
| Weighted average sharesoutstanding                 |   |                                                                          | 37,187,111  |          |                             |   | 14,541,824 |                                  |   |   | 17,597,226 |   |
|                                                    |   |                                                                          |        |          |                             |   |       |                                  |   |   |   |   |
|  Net loss per share (Note 1)        |   | $                                                                             | (0.55       | )        |                             | $      | (0.09      | )                                |   | $ | (0.25 | ) |

----

|                                                                                                  |   | FROM INCEPTION (AUGUST 16,1996) THROUGHDECEMBER 31, 2008  |        |                                  | YEARS ENDED |   |
|-------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------|-------------|---------------------------------------|-------------|--------|
|                                                                                                  |   |                                                                                    |        | DECEMBER 31, 2008           |        |   | DECEMBER 31, 2007 |   |
| OPERATING ACTIVITIES                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |
| Net loss                                                                               |   | $                                                                                       | (20,537,717 | )                                     |        | $      | (1,335,154 | )  |   | $ | (4,475,017 | ) |
| Plus non-cash charges to earnings:                                                                    |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Stock compensation expense                                                                            |   |                                                                                    | 566,049     |                                  |        |   | 342,801 |   |   |   | 223,248 |   |
| Depreciation and amortization                                                                    |   |                                                                                    | 75,525      |                                  |        |   | - |   |   |   | - |   |
| Purchase R&D - Clear Image                                                         |   |                                                                                    | 3,309,514   |                                  |        |   | -- |   |   |   | 3,309,514 |   |
| Common stock issued for services                                             |   |                                                                                    | 3,617,328   |                                  |        |   | 259,920 |   |   |   | - |   |
| Preferred stock issued for services                                |   |                                                                                    | 20,000      |                                  |        |   | - |   |   |   | - |   |
| Expenses paid by third parties                                                                        |   |                                                                                    | 57,134      |                                  |        |   | - |   |   |   | - |   |
| Contribution of services by officer and employees                                 |   |                                                                                    | 799,154     |                                  |        |   | - |   |   |   | -- |   |
| Services by officer and employees paid for                                                            |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| with non-cash consideration                                                                 |   |                                                                                    | 167,500     |                                  |        |   | - |   |   |   | - |   |
| Compensation cost for option price reduction                       |   |                                                                                    | 50,000      |                                  |        |   | - |   |   |   | - |   |
| Amortization of compensation cost for options                                                         |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| granted to non-employees and common stock                                                             |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| issued for services                                                               |   |                                                                                    | 1,775,577   |                                  |        |   | - |   |   |   | - |   |
| Allowance for doubtful accounts                                                   |   |                                                                                    | 50,900      |                                  |        |   | - |   |   |   | - |   |
| Gain on extinguishment of debt                                                              |   |                                                                                    | (10,398     | )                 |        |   | (10,398 | )   |   |   | - |   |
| Write-off of Notes Receivable                                                          |   |                                                                                    | 14,636      |                                  |        |   | - |   |   |   | - |   |
| Write-off of Notes Payable                                                             |   |                                                                                    | (8,239      | )       |        |   | (8,239 | )    |   |   | - |   |
| Write-off of organizational costs                                                      |   |                                                                                    | 3,196       |                                  |        |   | - |   |   |   | - |   |
| Write-off of zero value investments                                          |   |                                                                                    | 785,418     |                                  |        |   | - |   |   |   | - |   |
| Write-off of leasehold improvements and computer equipment                                  |   |                                                                                    | 2,006       |                                  |        |   | - |   |   |   | - |   |
| Compensation costs for stock options and warrants                                                     |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| granted to non-employees                                                          |   |                                                                                    | 1,205,015   |                                  |        |   | - |   |   |   | - |   |
| Change in working capital accounts:                                                                   |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| (Increase) decrease in receivables from related parties            |   |                                                                                    | (68,900     | )                      |        |   | - |   |   |   | - |   |
| (Increase) decrease in goodwill                                         |   |                                                                                    | (23,276     | )                           |        |   | - |   |   |   | (23,276 | ) |
| (Increase) decrease in other receivables                                                         |   |                                                                                    | (176,577    | )                                |        |   | - |   |   |   | - |   |
| Increase (decrease) in accrued salaries and consulting                                           |   |                                                                                    | 933,051     |                                  |        |   | (56,550 | )   |   |   | 273,501 |   |
| Increase (decrease) in accrued interest                                           |   |                                                                                    | 91,177      |                                  |        |   | - |   |   |   | 37,664 |   |
| Increase (decrease) in accounts payable and accrued liabilities                             |   |                                                                                    | 1,558,230   |                                  |        |   | 182,395 |   |   |   | 300,259 |   |
|                                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Total operating activities                                                                  |   |                                                                                    | (5,743,697  | )                           |        |   | (625,225 | )  |   |   | (354,107 | ) |
|                                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| INVESTING ACTIVITIES                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Purchase of equipment                                                                  |   |                                                                                    | (67,042     | )                      |        |   | - |   |   |   | - |   |
| Investment in syringe patent development                                          |   |                                                                                    | (10,000     | )                                |        |   | - |   |   |   | - |   |
| Investment in Ives Health Company                                                      |   |                                                                                    | (251,997    | )            |        |   | - |   |   |   | - |   |
| Investment in The Health Club                                                     |   |                                                                                    | (10,000     | )                 |        |   | - |   |   |   | - |   |
|                                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   | - |   |
| Total investing activities                                                                  |   |                                                                                    | (339,039    | )                                     |        |   | - |   |   |   |   |   |
|                                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| FINANCING ACTIVITIES                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Loans from shareholders                                                           |   |                                                                                    | 13,907      |                                  |        |   | - |   |   |   | - |   |
| Repayment of loans from shareholders                                                             |   |                                                                                    | (8,005      | )                           |        |   | - |   |   |   | - |   |
| Repayments of Promissory Notes                                                              |   |                                                                                    | 190,754     |                                  |        |   | - |   |   |   | - |   |
| Common stock subscribed                                                           |   |                                                                                    | 34,000      |                                  |        |   | - |   |   |   | - |   |
| Sale of preferred stock for cash:                                                 |   |                                                                                    | (1,000      | )                 |        |   | - |   |   |   | - |   |
| Sale of common stock for cash:                                                                        |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| To third-party investors (prior to merger)                                             |   |                                                                                    | 574,477     |                                  |        |   | - |   |   |   | - |   |
| To third-party investors                                                                    |   |                                                                                    | 4,005,867   |                                  |        |   | 304,823 |   |   |   | 474,999 |   |
| From exercise of stock options                                                         |   |                                                                                    | 1,322,417   |                                  |        |   | 397,617 |   |   |   | - |   |
| Less:  Issue Costs                                                                     |   |                                                                                    | (102,318    | )                           |        |   | - |   |   |   | - |   |
| Convertible debentures issued for cash                                                 |   |                                                                                    | 355,000     |                                  |        |   | - |   |   |   | - |   |
| Payment of exclusive license note payable                                              |   |                                                                                    | (100,000    | )                 |        |   | - |   |   |   | - |   |
|                                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Total financing activities                                                   |   |                                                                                    | 6,285,099   |                                  |        |   | 702,440 |   |   |   | 474,999 |   |
| Minority interest                                                                                |   |                                                                                    | (197,567    | )                                |        |   | (74,817 | )  |   |   | (122,750 | ) |
| Change in cash                                                               |   |                                                                                    | 4,796       |                                  |        |   | 2,398 |   |   |   | (1,858 | ) |
| Cash at beginning of period                                                            |   |                                                                                    | -           |                                  |        |   | 2,398 |   |   |   | 4,256 |   |
| Cash at end of period                                                                  |   | $                                                                                       | 4,796       |                                  |        | $      | 4,796 |   |   | $ | 2,398 |   |
|                                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Supplemental disclosure of cash flow information:                                                     |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Cash paid for interest and taxes during the period                           |   |                                                                                    | 57,571      |                                  |        |   | - |   |   |   | 28,487 |   |
|                                                                                                  |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Non-cash financing and investing activities:                                                          |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| Investment in Globe Joint Venture                   |   |                                                                                    | (637,566    | )            |        |   | - |   |   |   | - |   |
| Common stock issued to founders                                                   |   |                                                                                    | 7,000       |                                  |        |   | - |   |   |   | - |   |
| Common stock issued in connection with merger                                                         |   |                                                                                    |        |                                  |        |   |   |   |   |   |   |   |
| with Cerro Mining Corporation                                                     |   |                                                                                    | 300         |                                  |        |   | - |   |   |   | - |   |
| 20 to 1 reverse stock split                                                       |   |                                                                                    | 138,188     |                                  |        |   | - |   |   |   | 138,188 |   |
| Common stock issued in Ives merger                                                               |   |                                                                                    | 346,262     |                                  |        |   | - |   |   |   | - |   |
| Common stock subscriptions                                                                       |   |                                                                                    | 69,800      |                                  |        |   | - |   |   |   | - |   |
| Capitalized compensation cost for options granted                                           |   |                                                                                    | 1,487,700   |                                  |        |   | - |   |   |   | - |   |
| Common stock issued in exchange for promissory note                                              |   |                                                                                    | 676,500     |                                  |        |   | - |   |   |   | - |   |
| Common stock issued for payment of debt                                           |   |                                                                                    | 152,553     |                                  |        |   | 133,032 |   |   |   | 6,914 |   |
| Common stock issued for convertible debentures                                         |   |                                                                                    | 190,660     |                                  |        |   | - |   |   |   | - |   |
| Common stock issued for services                                   |   |                                                                                    | 706,663     |                                  |        |   | - |   |   |   | 235,000 |   |
| Common stock issued to pay Ives debt                                                   |   |                                                                                    | 27,000      |                                  |        |   | - |   |   |   | - |   |
| Common stock issued to Clear Image shareholders under short form merger      |   |                                                                                    | 12,208      |                                  |        |   | 12,208 |   |   |   | - |   |

----

|                                                                    |   | Preferred Shares |   |   | Stock Amount |   |   | Common Shares |   |   | Stock Amount |          |   | Paid-In Capital |    |                | Deficit Accumulated during the Development Stage |   |      | Subscription Receivable |   |   | Total      |                            |
|-------------------------------------------------------------------------|--------|-----------------------|--------|--------|-------------------|--------|--------|--------------------|--------|--------|-------------------|---------------|--------|----------------------|---------|---------------------|-----------------------------------------------------------------|--------|-----------|------------------------------|--------|--------|------------|---------------------------------|
| Balance at Inception                                                    |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |
|    (August 16, 1996)                                |   |                  | -      |   |              |   | -      |               |   |   | -                 |          |   |                 | -       |                |                                                            |   | -         |                         |   |   | -          |                            |   |   | - |   |   |   | - |   |
| Cerro Mining/Maxxon-                                                    |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| OK Merger:                                                              |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Cerro Mining                         |   |                  | -      |   |              |   | -      |               |   |   | 531,000           |          |   |                 | 531     |                |                                                            |   | (231      | )                            |   |   | -          |                            |   |   | - |   |   |   | 300 |   |
| Maxxon-OK:                                                              |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Shares issued to founders                                     |   |                  | -      |   |              |   | -      |               |   |   | 7,000,000         |          |   |                 | 7,000   |                |                                                            |   | -         |                         |   |   | -          |                            |   |   | - |   |   |   | 7,000 |   |
| Shares sold                                                        |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| for cash to third-party investors                             |   |                  | -      |   |              |   | -      |               |   |   | 578,000           |          |   |                 | 578     |                |                                                            |   | 573,899   |                         |   |   | -          |                            |   |   | - |   |   |   | 574,477 |   |
| Ives Transactions:                                                      |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Investment in Ives                                                      |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Health Company                                                |   |                  | -      |   |              |   | -      |               |   |   | 311,240           |          |   |                 | 311     |                |                                                            |   | 310,951   |                         |   |   | -          |                            |   |   | - |   |   |   | 311,261 |   |
| Investment in The                                                       |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Health Club                                    |   |                  | -      |   |              |   | -      |               |   |   | 35,000            |          |   |                 | 35      |                |                                                            |   | 34,965    |                         |   |   | -          |                            |   |   | - |   |   |   | 35,000 |   |
| Conversion of                                                           |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Ives Debt                                                     |   |                  | -      |   |              |   | -      |               |   |   | 18,513            |          |   |                 | 19      |                |                                                            |   | 26,981    |                         |   |   | -          |                            |   |   | - |   |   |   | 27,000 |   |
| Issuance of Common                                                      |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Stock for:                                                              |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Cash from third-party investors           |   |                  | -      |   |              |   | -      |               |   |   | 218,569           |          |   |                 | 219     |                |                                                            |   | 353,501   |                         |   |   | -          |                            |   |   | - |   |   |   | 353,720 |   |
| Cash from related party                                                 |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Promissory Notes                                         |   |                  | -      |   |              |   | -      |               |   |   | 64,500            |          |   |                 | 65      |                |                                                            |   | 128,935   |                         |   |   | -          |                            |   |   | - |   |   |   | 129,000 |   |
| Subscriptions Receivable                                                |   |                  | -      |   |              |   | -      |               |   |   | 52,757            |          |   |                 | 53      |                |                                                            |   | 69,747    |                         |   |   | -          |                            |   |   | - |   |   |   | (69,800 | )   |
| Services Rendered                                             |   |                  | -      |   |              |   | -      |               |   |   | 90,499            |          |   |                 | 90      |                |                                                            |   | 173,337   |                         |   |   | -          |                            |   |   | - |   |   |   | 173,427 |   |
| Debentures Converted                                     |   |                  | -      |   |              |   | -      |               |   |   | 102,673           |          |   |                 | 103     |                |                                                            |   | 74,897    |                         |   |   | -          |                            |   |   | - |   |   |   | 75,000 |   |
| Net Income (Loss) at                                                    |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| December 31, 1997                                             |   |                  | -      |   |              |   | -      |               |   |   | -                 |          |   |                 | -       |                |                                                            |   | -         |                         |   |   | (795,376   | )      |   |   | - |   |   |   | (795,376 | ) |
|                                                                    |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Balance at December 31, 1997                                  |   |                  | -      |   |              |   | -      |               |   |   | 9,002,751         |          |   |                 | 9,003   |                |                                                            |   | 1,746,982 |                         |   |   | (795,376   | )      |   |   | (69,800 | )    |   |   | 890,808 |   |
| Issuance of Common                                                      |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Stock for:                                                              |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Conversion of Ives                                                      |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Debt                                           |   |                  | -      |   |              |   | -      |               |   |   | 44,827            |          |   |                 | 45      |                |                                                            |   | 54,955    |                         |   |   | -          |                            |   |   | - |   |   |   | 55,000 |   |
| Cash from third-                                                        |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| party investor                                 |   |                  | -      |   |              |   | -      |               |   |   | 50,000            |          |   |                 | 50      |                |                                                            |   | 90,950    |                         |   |   | -          |                            |   |   | - |   |   |   | 91,000 |   |
| Options exercised by                                                    |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| third-parties for cash                                   |   |                  | -      |   |              |   | -      |               |   |   | 545,867           |          |   |                 | 546     |                |                                                            |   | 359,354   |                         |   |   | -          |                            |   |   | - |   |   |   | 359,900 |   |
| Options exercised by                                                    |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| third-parties for services                                    |   |                  | -      |   |              |   | -      |               |   |   | 24,133            |          |   |                 | 24      |                |                                                            |   | 18,076    |                         |   |   | -          |                            |   |   | - |   |   |   | 18,100 |   |
| Services Rendered by                                                    |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| third-parties                                            |   |                  | -      |   |              |   | -      |               |   |   | 988,007           |          |   |                 | 988     |                |                                                            |   | 573,560   |                         |   |   | -          |                            |   |   | - |   |   |   | 574,549 |   |
| Debentures Converted by                                                 |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| third parties                             |   |                  | -      |   |              |   | -      |               |   |   | 548,574           |          |   |                 | 549     |                |                                                            |   | 274,451   |                         |   |   | -          |                            |   |   | - |   |   |   | 275,000 |   |
| Settlement with                                                         |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| related party                                  |   |                  | -      |   |              |   | -      |               |   |   | 350,000           |          |   |                 | 350     |                |                                                            |   | -         |                         |   |   | -          |                            |   |   | - |   |   |   | 350 |   |
| Certificates canceled:                                        |   |                  | -      |   |              |   | -      |               |   |   | (91,572           | )   |   |                 | (92     | )    |                                                            |   | (40,173   | )                       |   |   | -          |                            |   |   | - |   |   |   | (40,265 | ) |
| Value of Services                                                       |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Contributed                                                             |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| by Officer and Employees                                           |   |                  | -      |   |              |   | -      |               |   |   | -                 |          |   |                 | 114,154 |                |                                                            |   |      |                         |   |   | -          |                            |   |   | - |   |   |   | 114,154 |   |
| Compensation Cost                                                       |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| for Stock Options Granted                                               |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| To Non-Employees                                              |   |                  | -      |   |              |   | -      |               |   |   | -                 |          |   |                 | -       |                |                                                            |   | 918,187   |                         |   |   | -          |                            |   |   | - |   |   |   | 918,187 |   |
| Cancellation of                                                         |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Subscriptions                                                           |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| Receivable from related party        |   |                  | -      |   |              |   | -      |               |   |   | -                 |          |   |                 | -       |                |                                                            |   |      |                         |   |   |       |                            |   |   | 69,800 |   |   |   | 69,800 |   |
| Net Income (Loss) at                                                    |   |                  |   |   |              |   |   |               |   |   |              |          |   |                 |    |                |                                                            |   |      |                         |   |   |       |                            |   |   |   |   |   |   |   |   |
| December 31, 1998                                             |   |                  | -      |   |              |   | -      |               |   |   | -                 |          |   |                 | -       |                |                                                            |   | -         |                         |   |   | (2,584,383 | )                               |   |   | - |   |   |   | (2,584,383 | ) |
| Balance at December 31, 1998                                       |   |                  | -      |   |              |   | -      |               |   |   | 11,462,587        |          |   |                 | 11,463  |                |                                                            |   | 4,110,497 |                         |   |   | (3,379,759 | )                |   |   | 0 |   |   |   | 742,201 |   |

----

|                                                                                                 |   | Preferred Shares |   |   | Stock Amount |   |   | Common Shares |   |   | Stock Amount |   |   | Paid-In Capital |   |   | Deficit Accumulated during the Development Stage |   |       | Subscription Receivable |   |   | Total      |                      |
|------------------------------------------------------------------------------------------------------|--------|-----------------------|--------|--------|-------------------|--------|--------|--------------------|--------|--------|-------------------|--------|--------|----------------------|--------|--------|-----------------------------------------------------------------|--------|------------|------------------------------|--------|--------|------------|---------------------------|
| Issuance of Common                                                                                   |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |
| Stock for:                                                                                           |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |
| Cash from third-party investor                                                        |   |                  | -      |   |              |   | -      |               |   |   | 390,693           |   |   |                 | 390    |   |                                                            |   | 342,034    |                         |   |   | -          |                      |   |   | - |   |   |   | 342,424 |   |
| Less: Issue Costs                                                                          |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | (16,743    | )                  |   |   | -          |                      |   |   | - |   |   |   | (16,743 | ) |
| Options exercised by                                                                                 |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| third-parties for cash                                                                          |   |                  | -      |   |              |   | -      |               |   |   | 300,000           |   |   |                 | 300    |   |                                                            |   | 149,700    |                         |   |   | -          |                      |   |   | - |   |   |   | 150,000 |   |
| Services Rendered by                                                                                 |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| third-parties                                                                                   |   |                  | -      |   |              |   | -      |               |   |   | 164,069           |   |   |                 | 164    |   |                                                            |   | 166,579    |                         |   |   | -          |                      |   |   | - |   |   |   | 166,743 |   |
| Value of Services                                                                                    |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Contributed by Officer and Employees                                                       |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | 280,000    |                         |   |   | -          |                      |   |   | - |   |   |   | 280,000 |   |
| Compensation Cost for Stock                                                                          |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| options Granted to Non-Employees                                            |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | 89,728     |                         |   |   | -          |                      |   |   | - |   |   |   | 89,728 |   |
| Net Income (Loss)                                                                                    |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| at December 31, 1999                                                                            |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | (1,014,555 | )                       |   |   | -          |                      |   |   | - |   |   |   | (4,014,555 | ) |
| Balance at December 31, 1999                                                          |   |                  | -      |   |              |   | -      |               |   |   | 12,317,349        |   |   |                 | 12,317 |   |                                                            |   | 5,121,795  |                         |   |   | (4,394,314 | )          |   |   | 0 |   |   |   | 739,798 |   |
| Issuance of Common                                                                                   |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Stock for:                                                                                           |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Cash from third-party investor                                                   |   |                  | -      |   |              |   | -      |               |   |   | 862,776           |   |   |                 | 863    |   |                                                            |   | 249,525    |                         |   |   | -          |                      |   |   | - |   |   |   | 250,388 |   |
| Less: Issue CostsValue of Services                                                                   |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Contributed by Officer and Employees                                             |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | 405,000    |                         |   |   | -          |                      |   |   | - |   |   |   | 405,000 |   |
| Net Income (Loss) at                                                                                 |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| December 31, 2000                                                                     |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   |       |                         |   |   | (1,347,859 | )          |   |   | - |   |   |   | (1,347,859 | ) |
| Balance at December 31, 2000                                                                         |   |                  | -      |   |              |   | -      |               |   |   | 13,180,125        |   |   |                 | 13,180 |   |                                                            |   | 5,776,320  |                         |   |   | (5,742,173 | )          |   |   | 0 |   |   |   | 47,327 |   |
| Issuance of Common                                                                                   |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Stock for:                                                                                           |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Cash from third-party investor                                                             |   |                  | -      |   |              |   | -      |               |   |   | 6,558,333         |   |   |                 | 6,558  |   |                                                            |   | 1,598,142  |                         |   |   | -          |                      |   |   | - |   |   |   | 1,604,700 |   |
| Purchased by Employees                                                                |   |                  | -      |   |              |   | -      |               |   |   | 3,650,000         |   |   |                 | 3,650  |   |                                                            |   | 543,850    |                         |   |   | -          |                      |   |   | (547,500 | )    |   |   | - |   |
| Issued for Repayment of Debt                                                               |   |                  | -      |   |              |   | -      |               |   |   | 50,000            |   |   |                 | 50     |   |                                                            |   | 7,450      |                         |   |   | -          |                      |   |   | - |   |   |   | 7,500 |   |
| Less: Issue Costs                                                           |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | (85,575    | )                  |   |   | -          |                      |   |   | - |   |   |   | (85,575 | ) |
| Services Rendered by                                                                                 |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| third-parties                                                                                   |   |                  | -      |   |              |   | -      |               |   |   | 450,000           |   |   |                 | 450    |   |                                                            |   | 422,000    |                         |   |   | -          |                      |   |   | - |   |   |   | 422,450 |   |
| Compensation Cost of stock issued                                                                    |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| and options granted for services                                            |   |                  | -      |   |              |   | -      |               |   |   | 200,000           |   |   |                 | 200    |   |                                                            |   | 1,487,500  |                         |   |   | -          |                      |   |   | - |   |   |   | 1,487,700 |   |
| Compensation Cost of stock issued                                                                    |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| and options granted for services                                                                     |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| to be amortized                                                                            |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | (1,048,754 | )        |   |   | -          |                      |   |   | - |   |   |   | (1,048,754 | ) |
| Net Income (Loss) at                                                                                 |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| December 31, 2001                                                                     |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | (2,199,085 | )                  |   |   | -          |                      |   |   | - |   |   |   | (2,199,085 | ) |
| Balance at December 31, 2001             |   |                  | -      |   |              |   | -      |               |   |   | 24,088,458        |   |   |                 | 24,088 |   |                                                            |   | 8,700,933  |                         |   |   | (7,941,258 | )                    |   |   | (547,500 | )   |   |   | 236,263 |   |
| Issuance of Common                                                                                   |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Stock for:                                                                                           |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Cash from third-party investor                                    |   |                  | -      |   |              |   | -      |               |   |   | 3,625,000         |   |   |                 | 3,625  |   |                                                            |   | 358,875    |                         |   |   | -          |                      |   |   | - |   |   |   | 362,500 |   |
| Exercise of Options                                                              |   |                  | -      |   |              |   | -      |               |   |   | 2,006,822         |   |   |                 | 2,007  |   |                                                            |   | (2,007     | )             |   |   | -          |                      |   |   | - |   |   |   | - |   |
| Payment towards                                                                                      |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| promissory note balances                                                                   |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | -          |                         |   |   | -          |                      |   |   | 102,803 |   |   |   | 102,803 |   |
| Amortized Compensation                                                                               |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Cost of stock issued and options                                                                     |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| granted for services                                                   |   |                  | -      |   |              |   | -      |               |   |   | -                 |   |   |                 | -      |   |                                                            |   | 759,795    |                         |   |   | -          |                      |   |   | - |   |   |   | 759,795 |   |
|                                                                                                 |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| Compensation Cost of stock issued                                                                    |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| and options granted for services                                                           |   |                  | -      |   |              |   | -      |               |   |   | 1,200,000         |   |   |                 | 1,200  |   |                                                            |   | 323,300    |                         |   |   | -          |                      |   |   | - |   |   |   | 324,500 |   |
| Net Income (Loss)at                                                                                  |   |                  |   |   |              |   |   |               |   |   |              |   |   |                 |   |   |                                                            |   |       |                         |   |   |       |                      |   |   |   |   |   |   |   |   |
| December 31, 2002                                                                          |   |                  | -      |   |              |   | -      |               |   |   |              |   |   |                 | --     |   |                                                            |   | -          |                         |   |   | (1,933,676 | )                    |   |   | - |   |   |   | (1,933,676 | ) |
| Balance at December 31, 2002                                 |   |                  | -      |   |              |   | -      |               |   |   | 30,920,280        |   |   |                 | 30,920 |   |                                                            |   | 10,140,896 |                         |   |   | (9,874,934 | )     |   |   | (444,697 | )    |   |   | (147,815 | ) |

----

|                                                                                   |   | PreferredShares |   |   | Stock Amount |   |   | Common Shares |   |   | Stock Amount |   |   | Paid-In Capital |        |   | Deficit Accumulatedduring the Development Stage |   |       | SubscriptionReceivable |   |   | Total       |                |
|----------------------------------------------------------------------------------------|--------|-----------------|--------|--------|-------------------|--------|--------|--------------------|--------|--------|-------------------|--------|--------|----------------------|-------------|--------|------------------------------------------------------|--------|------------|------------------------|--------|--------|-------------|---------------------|
| Issuance of Common Stock for:                                                          |   |            |   |   |              |   |   |               |   |   |              |   |   |                 |        |   |                                                 |   |       |                   |   |   |        |                |
| MPI settlement costs of stock issued and options granted for services        |   |            | --     |   |              |   | --     |               |   |   | 1,140,000         |   |   |                 | 1,140       |   |                                                 |   | 139,560    |                   |   |   | --          |                |   |   | -- |   |   |   | 140,700 |   |
| Compensation cost of stock issued and options granted for services                |   |            | --     |   |              |   | --     |               |   |   | 7,000,000         |   |   |                 | 7,000       |   |                                                 |   | 133,000    |                   |   |   | --          |                |   |   | -- |   |   |   | 140,000 |   |
| Amortized compensation cost of stock issued and options granted for services |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | 288,959    |                   |   |   | --          |                |   |   | -- |   |   |   | 288,959 |   |
| Indemnification cost of stock issued and options granted for services             |   |            | --     |   |              |   | --     |               |   |   | 4,000,000         |   |   |                 | 4,000       |   |                                                 |   | 76,000     |                   |   |   | --          |                |   |   | -- |   |   |   | 80,000 |   |
| Payment towards promissory note balances                                |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | --         |                   |   |   | 69,201      |                |   |   |   |   |   |   | 69,201 |   |
| Net Income (Loss) at December 31, 2003                                       |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | --         |                   |   |   | (1,391,518  | )                   |   |   | -- |   |   |   | (1,391,519 | ) |
| Balance at December 31, 2003                                                      |   |            | --     |   |              |   | --     |               |   |   | 43,060,280        |   |   |                 | 43,060      |   |                                                 |   | 10,778,415 |                   |   |   | (11,266,452 | )    |   |   | (375,496 | ) |   |   | (820,473 | ) |
| Issuance of Common Stock for:                                                          |   |            |   |   |              |   |   |               |   |   |              |   |   |                 |        |   |                                                 |   |       |                   |   |   |        |                |   |   |   |   |   |   |   |   |
| Cash from third- party investor                                              |   |            | --     |   |              |   | --     |               |   |   | 100,000           |   |   |                 | 100         |   |                                                 |   | 4,900      |                   |   |   | --          |                |   |   | -- |   |   |   | 5,000 |   |
| Exercise of Options                                                               |   |            | --     |   |              |   | --     |               |   |   | 5,866,000         |   |   |                 | 5,866       |   |                                                 |   | 248,234    |                   |   |   | --          |                |   |   | -- |   |   |   | 254,100 |   |
| Exercise of Warrants                                                                   |   |            | --     |   |              |   | --     |               |   |   | 1,462,000         |   |   |                 | 1,462       |   |                                                 |   | 71,638     |                   |   |   | --          |                |   |   | (1,000 | )   |   |   | 72,100 |   |
| Compensation cost of stock issued for services                                    |   |            | --     |   |              |   | --     |               |   |   | 32,850,000        |   |   |                 | 32,850      |   |                                                 |   | 881,150    |                   |   |   | --          |                |   |   | -- |   |   |   | 914,000 |   |
| Payment towards promissory note balances                                |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | --         |                   |   |   | --          |                |   |   | 18,750 |   |   |   | 18,750 |   |
| Net Income (Loss) at December 31, 2004                                       |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | --         |                   |   |   | (1,552,008  | )                   |   |   | -- |   |   |   | (1,552,008 | ) |
| Balance at December 31, 2004                                                 |   |            | --     |   |              |   | --     |               |   |   | 83,338,280        |   |   |                 | 83,338      |   |                                                 |   | 11,984,337 |                   |   |   | (12,818,460 | )                   |   |   | (357,746 | )    |   |   | (1,108,531 | ) |
| Issuance of Common Stock for Cash:                                                |   |            |   |   |              |   |   |               |   |   |              |   |   |                 |        |   |                                                 |   |       |                   |   |   |        |                |   |   |   |   |   |   |   |   |
| From third-party investors                                              |   |            | --     |   |              |   | --     |               |   |   | 13,039,187        |   |   |                 | 13,039      |   |                                                 |   | 277,661    |                   |   |   | --          |                |   |   | -- |   |   |   | 290,700 |   |
| From the exercise of options                                                           |   |            | --     |   |              |   | --     |               |   |   | 1,800,000         |   |   |                 |  1,800 |   |                                                 |   | 43,200     |                   |   |   | --          |                |   |   | -- |   |   |   | 45,000 |   |
| Issuance of Common Stock for Subscription                               |   |            | --     |   |              |   | --     |               |   |   | 5,200,000         |   |   |                 | 5,200       |   |                                                 |   | 28,800     |                   |   |   | --          |                |   |   | (34,000 | ) |   |   | -- |   |
| Common stock issued for services                                                  |   |            | --     |   |              |   | --     |               |   |   | 21,250,000        |   |   |                 | 21,250      |   |                                                 |   | 455,250    |                   |   |   | --          |                |   |   | -- |   |   |   | 476,500 |   |
| Common stock issued pursuant to Joint Venture                                |   |            | --     |   |              |   | --     |               |   |   | 5,833,331         |   |   |                 | 5,833       |   |                                                 |   | 132,000    |                   |   |   | --          |                |   |   | -- |   |   |   | 137,833 |   |
| Value of warrants granted pursuant to Joint Venture                     |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | 499,733    |                   |   |   | --          |                |   |   | -- |   |   |   | 499,733 |   |
| Value of options granted for services                                   |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | 130,900    |                   |   |   | --          |                |   |   | -- |   |   |   | 130,900 |   |
| Reclassification of receivables against amounts owed                         |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | --         |                   |   |   | --          |                |   |   | 357,746 |   |   |   | 357,746 |   |
| Net Income (Loss) at December 31, 2005                                       |   |            | --     |   |              |   | --     |               |   |   | --                |   |   |                 | --          |   |                                                 |   | --         |                   |   |   | (1,310,783  | )                   |   |   | -- |   |   |   | (1,310,783 | ) |
| Balance at December 31, 2005                                                 |   |            | --     |   |              |   | --     |               |   |   | 130,460,798       |   |   |                 | 130,460     |   |                                                 |   | 13,551,881 |                   |   |   | (14,129,243 | )                   |   |   | (34,000 | )  |   |   | (480,902 | ) |

----

|                                                                                                                                                                                           |   | PreferredShares |      |   | Stock Amount |   |   | Common Shares |   |   | Stock Amount |    |   | Paid-In Capital |     |    | Deficit Accumulatedduring the Development Stage |   |       | SubscriptionReceivable |   |   | Total       |    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|-----------|--------|-------------------|--------|--------|--------------------|--------|--------|-------------------|---------|--------|----------------------|----------|---------|------------------------------------------------------|--------|------------|------------------------|--------|--------|-------------|---------|
| Issuance of Common Stock:                                                                                                                                                                      |   |            |      |   |              |   |   |               |   |   |              |    |   |                 |     |    |                                                 |   |       |                   |   |   |        |    |
| From the exercise of options for services                                                                                                                                       |   |            | --        |   |              |   | --     |               |   |   | 1,000,000         |    |   |                 | 1,000    |    |                                                 |   | --         |                   |   |   | --          |    |   |   | -- |   |   |   | 1,000 |   |
| From the exercise of options for cash                                                                                                                                                          |   |            | --        |   |              |   | --     |               |   |   | 3,000,000         |    |   |                 | 3,000    |    |                                                 |   | 72,000     |                   |   |   | --          |    |   |   | -- |   |   |   | 75,000 |   |
| From the exercise of warrants                                                                                                                                                             |   |            | --        |   |              |   | --     |               |   |   | 6,000,000         |    |   |                 | 6,000    |    |                                                 |   | --         |                   |   |   | --          |    |   |   | -- |   |   |   | -- |   |
| Payment of Common Stock Subscription                                                                                                                                                      |   |            | --        |   |              |   | --     |               |   |   | --                |    |   |                 | --       |    |                                                 |   | --         |                   |   |   | --          |    |   |   | 34,000 |   |   |   | 34,000 |   |
| Common Stock issued for services                                                                                                                                                               |   |            | --        |   |              |   | --     |               |   |   | 5,500,000         |    |   |                 | 5,500    |    |                                                 |   | 102,000    |                   |   |   | --          |    |   |   | -- |   |   |   | 107,500 |   |
| Preferred Stock issued for services                                                                                                                                                            |   |            | 1,000,000 |   |              |   | 1,000  |               |   |   | --                |    |   |                 | --       |    |                                                 |   | 19,000     |                   |   |   | --          |    |   |   | -- |   |   |   | 19,000 |   |
| Capital contributed by shareholder                                                                                                                                                             |   |            | --        |   |              |   | --     |               |   |   | --                |    |   |                 | --       |    |                                                 |   | 3,000      |                   |   |   | --          |    |   |   | -- |   |   |   | 3,000 |   |
| Cancellation of Joint Venture with Globe                          |   |            | --        |   |              |   | --     |               |   |   | --                |    |   |                 | --       |    |                                                 |   | (625,066   | )                      |   |   | --          |    |   |   | -- |   |   |   | (625,066 | ) |
| Common stock issued to Globe then returned to treasury                                                                                                                               |   |            | --        |   |              |   | --     |               |   |   | (500,000          | )  |   |                 | (500     | )       |                                                 |   | (12,000    | )                 |   |   | --          |    |   |   | -- |   |   |   | (12,500 | ) |
| Compensation cost for option price reduction                                                                                                                                              |   |            | --        |   |              |   | --     |               |   |   | --                |    |   |                 | --       |    |                                                 |   | 50,000     |                   |   |   | --          |    |   |   | -- |   |   |   | -- |   |
| Net Income (Loss) a December 31, 2006                                                                                                                                                |   |            | --        |   |              |   | --     |               |   |   | --                |    |   |                 | --       |    |                                                 |   | --         |                   |   |   | (598,302    | )  |   |   | -- |   |   |   | (598,302 | ) |
| Balance at December 31, 2006                                                                                                                                                              |   |            | 1,000,000 |   |              |   | 1,000  |               |   |   | 145,460,798       |    |   |                 | 145,460  |    |                                                 |   | 13,160,815 |                   |   | $      | (14,727,545 | )       |   |   | -- |   |   |   | (1,427,270 | ) |
| From the exercise of Issuance of Common Stock:                                                                                                                                                 |   |            |      |   |              |   |   |               |   |   |              |    |   |                 |     |    |                                                 |   |       |                   |   |   |        |    |   |   |   |   |   |   |   |   |
| Reverse stock split (1 for 20)                                                                                                                                                            |   |            | --        |   |              |   | --     |               |   |   | (138,187,826      | )       |   |                 | (138,188 | )  |                                                 |   | 138,188    |                   |   |   | --          |    |   |   | -- |   |   |   | -- |   |
| Sale of common stock for cash:                                                                                                                                                                 |   |            | --        |   |              |   | --     |               |   |   | 845,000           |    |   |                 | 845      |    |                                                 |   | 299,155    |                   |   |   | --          |    |   |   | -- |   |   |   | 300,000 |   |
| Issuance of common stock for Clear Image stock                                                                                                                                            |   |            | --        |   |              |   | --     |               |   |   | 8,273,788         |    |   |                 | 8,274    |    |                                                 |   | 3,301,241  |                   |   |   | --          |    |   |   | -- |   |   |   | 3,309,515 |   |
|  Stock compensation                                                                                                                                                                  |   |            | --        |   |              |   | --     |               |   |   | --                |    |   |                 | --       |    |                                                 |   | 223,246    |                   |   |   | --          |    |   |   | -- |   |   |   | 223,246 |   |
| Issuance of Common Stock:                                                                                                                                                                      |   |            |      |   |              |   |   |               |   |   |              |    |   |                 |     |    |                                                 |   |       |                   |   |   |        |    |   |   |   |   |   |   |   |   |
| From the exercise of options for cash                                                                                                                                           |   |            | --        |   |              |   | --     |               |   |   | 125,000           |    |   |                 | 125      |    |                                                 |   | 9,875      |                   |   |   | --          |    |   |   | -- |   |   |   | 10,000 |   |
| warrants                                                                                                                                                                                       |   |            | --        |   |              |   | --     |               |   |   | 345,662           |    |   |                 | 346      |    |                                                 |   | 6,568      |                   |   |   | --          |    |   |   | -- |   |   |   | 6,914 |   |
| Common Stock issued for services                                                                                                                                                     |   |            | --        |   |              |   | --     |               |   |   | 1,225,000         |    |   | $                    | 1,225    |    |                                                 |   | 388,775    |                   |   |   | --          |    |   |   | -- |   |   |   | 390,000 |   |
| Issuance of restricted stock                                                                                                                                                                   |   |            | --        |   |              |   | --     |               |   |   | 40,000            |    |   |                 | 40       |    |                                                 | $      | 9,960      |                   |   |   | --          |    |   |   | -- |   |   |   | 10,000 |   |
| Net Income (Loss) at December 31, 2007                                                                                                                                                         |   |            | --        |   |              |   | --     |               |   |   | --                |    |   |                 | --       |    |                                                 |   | --         |                   |   | $      | (4,475,017  | )  |   |   | -- |   |   |   | (4,475,017 | ) |
|  unknown                                                                                                                                                                             |   |            | --        |   |              |   | --     |               |   |   | --                |    |   |                 | --       |    |                                                 |   | --         |                   |   |   | --          |    |   |   | -- |   |   |   | (7,000 | ) |
| BALANCE AT DECEMBER 31, 2007                                                                                                                                                              |   |            | 1,000,000 |   |              |   | 1,000  |               |   |   | 18,127,422        |    |   | $                    | 18,127   |    |                                                 | $      | 17,537,824 |                   |   | $      | (19,202,563 | )       |   |   | -- |   |   | $ | (1,645,612 | ) |

----

|                                                                                  |   | PreferredShares |      |   | Stock Amount  |   |   | Common Shares |   |   | Stock Amount |   |   | Paid-In Capital |   |   | Deficit Accumulatedduring the Development Stage |   |       | SubscriptionReceivable |   |   | Total       |    |
|---------------------------------------------------------------------------------------|--------|-----------------|-----------|--------|-------------------------|--------|--------|--------------------|--------|--------|-------------------|--------|--------|----------------------|--------|--------|------------------------------------------------------|--------|------------|------------------------|--------|--------|-------------|---------|
| From the exercise of Issuance of Common Stock:                                        |   |            |      |   |                    |   |   |               |   |   |              |   |   |                 |   |   |                                                 |   |       |                   |   |   |        |    |
| Sale of common stock for cash:                                                        |   |            | --        |   |                    |   | --     |               |   |   | 4,720,978         |   |   | $                    | 4,722  |   |                                                 |   | 300,101    |                   |   |   | --          |    |   |   | -- |   |   |   | 304,823 |   |
| Issuance of Common Stock:                                                             |   |            |      |   |                    |   |   |               |   |   |              |   |   |                 |   |   |                                                 |   |       |                   |   |   |        |    |   |   |   |   |   |   |   |   |
| From the exercise of options for cash                                            |   |            | --        |   |                    |   | --     |               |   |   | 2,300,000         |   |   |                 | 2,300  |   |                                                 |   | 395,317    |                   |   |   | --          |    |   |   | -- |   |   |   | 397,617 |   |
| Common Stock issued for services                                                      |   |            | --        |   |                    |   | --     |               |   |   | 1,419,704         |   |   |                 | 1,419  |   |                                                 |   | 258,501    |                   |   |   | --          |    |   |   | -- |   |   |   | 259,920 |   |
| Common Stock issued for repayment of debt                                        |   |            | --        |   |                    |   | --     |               |   |   | 271,491           |   |   |                 | 271    |   |                                                 |   | 132,759    |                   |   |   | --          |    |   |   | -- |   |   |   | 133,030 |   |
| Common Stock issued to Clear Image investors to participate in the merger   |   |            | --        |   |                    |   | --     |               |   |   | 43,600            |   |   |                 | 44     |   |                                                 |   | 12,164     |                   |   |   | --          |    |   |   | -- |   |   |   | 12,208 |   |
| Stock compensation                                                                    |   |            | --        |   |                    |   | --     |               |   |   | --                |   |   |                 | --     |   |                                                 |   | 342,801    |                   |   |   | --          |    |   |   | -- |   |   |   | 342,801 |   |
| Acquired deficit of former Minority interest now Owned 100%                 |   |            | --        |   |                    |   | --     |               |   |   | --                |   |   |                 | --     |   |                                                 |   | (209,776   | )                 |   |   | --          |    |   |   | -- |   |   |   | (209,776 | ) |
| Net Income (Loss) at December 31, 2008                                                |   |            | --        |   |                    |   | --     |               |   |   | --                |   |   |                 | --     |   |                                                 |   | --         |                   |   |   | (1,335,154  | )  |   |   | -- |   |   |   | (1,335,154 | ) |
| BALANCE AT DECEMBER 31, 2008                                                |   |            | 1,000,000 |   |                    | $      | 1,000  |               |   |   | 26,883,195        |   |   | $                    | 26,883 |   |                                                 | $      | 18,769,691 |                   |   | $      | (20,537,717 | )       |   |   | -- |   |   | $ | (1,740,143 | ) |

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|                                     |   | OPTIONS |       |   | WARRANTS |   |     | TOTAL   |   |   | WEIGHTED AVERAGE EXERCISE PRICE |    |
|------------------------------------------|--------|---------|------------|--------|----------|--------|----------|---------|--------|--------|---------------------------------|---------|
|                                     |   |    |       |   |     |   |     |    |   |   |                            |    |
|  Balance at December 31, 2007  |   |    | 10,985,000 |   |     |   | 107,500  |    |   |   | 11,092,500                      |    |   | $ | 0.090 |   |
|  Granted             |   |    | 1,800,000  |   |     |   | -        |    |   |   | 1,800,000                       |    |   |   | 0.215 |   |
|  Exercised                |   |    | (2,425,000 | )      |     |   | -        |    |   |   | (2,425,000                      | )       |   |   | 0.199 |   |
|  Expired/Forfeited             |   |    | -          |   |     |   | (107,500 | )  |   |   | (107,500                        | )  |   |   | 5.000 |   |
|                                     |   |    |       |   |     |   |     |    |   |   |                            |    |   |   |   |   |
|  BALANCE AT DECEMBER 31, 2008       |   |    | 10,360,000 |   |     |   | -        |    |   | $      | 10,360,000                      |    |   |   | 0.157 |   |

|                               |   | OPTIONS OUTSTANDING                              |       |   | EXERCISABLE                                                |   |
|------------------------------------|--------|--------------------------------------------------|------------|--------|------------------------------------------------------------|--------|
| Range of  Exercise Price |   | Number Outstanding at December 31,2008 |       |   | Weighted Average Remaining Contractual Life |   |   | Weighted Average Exercise Price |   |   | Number Exercisable atDecember 31, 2008 |   |   | Weighted Average ExercisePrice |   |
| OPTIONS                            |   |                                             |       |   |                                                       |   |   |   |   |   |   |   |   |   |   |
| 0.08 - 0.36                        |   |                                             | 10,250,000 |   |                                                       |   | 2.00 |   |   | $ | 0.10 |   |   |   | 10,250,000 |   |   | $ | 0.10 |   |
| 1.00                               |   |                                             | 55,000     |   |                                                       |   | 4.34 |   |   |   | 1.00 |   |   |   | 55,000 |   |   |   | 1.00 |   |
| 10.00                              |   |                                             | 55,000     |   |                                                       |   | 1.00 |   |   |   | 10.00 |   |   |   | 55,000 |   |   |   | 10.00 |   |
|                               |   |                                             |       |   |                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                               |   |                                             | 10,360,000 |   |                                                       |   |   |   |   |   |   |   |   |   | 10,360,000 |   |   |   |   |   |

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| No.       |   | Description of Exhibit                                                                                                                                                                                                                                             |
|-----------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|      |   |                                                                                                                                                                                                                                                               |
| 2.1  |   | Amended Articles of Incorporation (filed as Exhibit 2.1 to our Amended Form 10-SB filed August 15, 2001 with amendment filed as Exhibit A to our Definitive 14 C Information Statement filed November 29, 2007)                                                    |
|      |   |                                                                                                                                                                                                                                                               |
| 2.2  |   | Bylaws (filed as Exhibit 2.2 to our Amended Form 10-SB filed August 15, 2001)                                                                                                                                                                                      |
|      |   |                                                                                                                                                                                                                                                               |
| 4.1  |   | Form of Common Stock Certificate (filed as Exhibit 3.1 to our Form 10-SB filed December 23, 1999                                                                                                                                                                   |
|      |   |                                                                                                                                                                                                                                                               |
| 10.1      |   | Joint Venture Agreement with Globe dated November 3, 2006 (incorporated herein by reference to Exhibit 10.1 of the Company's Form 10-QSB for the quarter ended September 30, 2006, filed with the SEC on November 17, 2006)                                        |
|      |   |                                                                                                                                                                                                                                                               |
| 10.2      |   | Safety Scalpel Joint Venture agreement with Globe dated August 11, 2006 (incorporated herein by reference to Exhibit 10.2 of the Company's Form 10-QSB for the quarter ended June 30, 2006, filed with the SEC on August 19, 2006.)                                |
|      |   |                                                                                                                                                                                                                                                               |
| 10.3      |   | Employment Agreement with Rondald L. Wheet (Exhibit 10.3 of the Company's Form 10-KSB for the year ended December 31, 2007)                                                                                                                                        |
|      |   |                                                                                                                                                                                                                                                               |
| 10.4      |   | Mutual Release and Settlement Agreement between the Company and Gifford M. Mabie dated April 14, 2006 (incorporated herein by reference to Exhibit 10.13 of the Company's Form 10-KSB for the year ended December 31, 2004, filed with the SEC on April 15, 2006.) |
|      |   |                                                                                                                                                                                                                                                               |
| 10.5      |   | Agreement and Plan of Merger between Cerro Mining Corporation and the Company. dated May 9, 1997 (filed as Exhibit 6.6 to our Form 10-SB filed December 23, 1999)                                                                                                  |
|      |   |                                                                                                                                                                                                                                                               |
| 10.6      |   | Agreement and Plan of Merger between Clear Image Acquisition Corporation and the Company dated January 26, 2007 (filed as Exhibit 10.6 to our Form 8-K filed January 26, 2007)                                                                                     |
|      |   |                                                                                                                                                                                                                                                               |
| 31.1      |   | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*                                                                                                                                                                |
|      |   |                                                                                                                                                                                                                                                               |
| 31.2      |   | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*                                                                                                                                                                |
|      |   |                                                                                                                                                                                                                                                               |
| 32.1      |   | Certification Pursuant To 18 U.S.C. 1350), As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*                                                                                                                                                   |
|      |   |                                                                                                                                                                                                                                                               |
| 32.2      |   | Certification Pursuant To 18 U.S.C. 1350), As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*                                                                                                                                                   |

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|           | REVOLUTIONS MEDICAL CORPORATION |                    |
|----------------|---------------------------------|-------------------------|
|           |                            |                    |   |
|           |                            |                    |   |
|           |                            | /s/ RONDALD L. WHEET    |   |
|           |                            | Rondald L. Wheet,       |   |
|           |                            | Chief Executive Officer |   |
| March 16, 2010 |                            |                    |   |

| /s/ RONDALD L. WHEET               |   | Chief Executive Officer and Director                          |   | March 16, 2010 |
|------------------------------------|--------|---------------------------------------------------------------|--------|----------------|
| Rondald L. Wheet    |   | Principal Executive Officer and Principal Accounting Officer) |   |           |
|                               |   |                                                          |   |           |
|                               |   |                                                          |   |           |
| /s/ DR. THOMAS BEAHM               |   | Director                                                 |   | March 16, 2010 |
| Dr. Thomas Beahm                   |   |                                                          |   |           |
|                               |   |                                                          |   |           |
|                               |   |                                                          |   |           |
| /s/ THOMAS O'BRIEN                 |   | Director                                                      |   | March 16, 2010 |
| Thomas O'Brien                     |   |                                                          |   |           |

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