Document:

Exhibit 10.6

 

EXECUTION COPY

 

SUBORDINATION AGREEMENT

 

SUBORDINATION AGREEMENT, dated as of April 26, 2006 (as amended, supplemented or
otherwise modified from time to time, this “Agreement”), by and among
the Subordinated Lenders (as hereinafter defined), MEDICOR LTD., a Delaware
corporation (the “Company”), and SILVER OAK CAPITAL, L.L.C., a Delaware limited
liability company, in its capacity as collateral agent (in such capacity, the “Collateral
Agent”) for the holders from time to time of the Senior Notes (as
hereinafter defined) issued pursuant to the Securities Purchase Agreement (as
hereinafter defined).

 

RECITALS

 

WHEREAS, the Company has agreed to issue, and the Purchasers (as
defined in the Securities Purchase Agreement) have agreed to purchase, Senior Notes
in the aggregate principal amount of $50,000,000 pursuant to the Securities
Purchase Agreement, dated as of April 26, 2006 (as amended, supplemented or otherwise modified from time
to time, the “Securities Purchase
Agreement”) by and among the Company and the Purchasers from time to time
party thereto;

 

WHEREAS, it is a condition to the obligation of the Purchasers
to purchase the Senior Notes that the Subordinated Lenders agree to subordinate
the Subordinated Obligations (as hereinafter defined) to the Senior Obligations
(as hereinafter defined) on the terms set forth herein; and

 

WHEREAS, the
Subordinated Lenders will receive substantial direct and indirect benefits from
the issuance of the Senior Notes.

 

AGREEMENT

 

NOW, THEREFORE, in consideration of the foregoing and to induce the Purchasers
to purchase the Senior Notes, and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the Subordinated
Lenders agree with the Collateral Agent for the benefit of the holders of the
Senior Obligations as follows:

 

1.                                       Definitions.  In addition to those terms defined elsewhere
in this Agreement, as used in this Agreement, the following terms shall have
the following meanings:

 

“Collateral”
means the collective reference to any and all property from time to time
subject to security interests to secure payment or performance of the Senior
Obligations.

 

“Common Stock” means (a) the
Company’s common stock, par value $0.001 per share, and (b) any capital
stock resulting from a reclassification of such common stock.

 

“Enforcement Action” means any action by a
Subordinated Lender to collect or receive payments or distributions, exercise a
remedy, foreclose on collateral, if any, commence a legal proceeding or
undertake any other enforcement action with respect to the Subordinated Obligations.

 

 

“Guarantee and
Collateral Agreement” means the Guarantee and Collateral Agreement, dated
as of April 26,
2006 (as amended, supplemented or otherwise modified from time to time), by and
among the Company and the Guarantors in favor of the Collateral Agent.

 

“Guarantors” shall have the meaning given to
such term in the Guarantee and Collateral Agreement.

 

“Insolvency Event” means (a) the
Company or any of its Subsidiaries commencing any case, proceeding or other
action (i) under any existing or future law of
any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency,
reorganization, conservatorship or relief of debtors, seeking to have an order
for relief entered with respect to it, or seeking to adjudicate it a bankrupt
or insolvent, or seeking reorganization, arrangement, adjustment, winding-up,
liquidation, dissolution, composition or other relief with respect to it or its
debts, or (ii) seeking appointment of a receiver,
trustee, custodian, conservator or other similar official for it or for all or
any substantial part of its assets, or the Company or any of its Subsidiaries
making a general assignment for the benefit of its creditors, (b) there being commenced against the Company or any of
its Subsidiaries any case, proceeding or other action of a nature referred to
in clause (a) above which (i) results
in the entry of an order for relief or any such adjudication or appointment or (ii) remains undismissed, undischarged or unbonded
for a period of 30 days, (c) there being
commenced against the Company, or any of its Subsidiaries, any case, proceeding
or other action seeking issuance of a warrant of attachment, execution,
distraint or similar process against all or any substantial part of its assets
which results in the entry of an order for any such relief which shall not have
been vacated, discharged, or stayed or bonded pending appeal within 30 days
from the entry thereof, (d) the Company, or any
of its Subsidiaries, taking any action in furtherance of, or indicating its
consent to, approval of, or acquiescence in, any of the acts set forth in
clause (a), (b), or (c) above, or (e) the Company
or any of its Subsidiaries generally not paying, or being unable to pay, or admitting
in writing its inability
to pay, its debts as they become due.

 

“Integrated Amended and
Restated Promissory Note” means the Amended and Restated Promissory Note,
dated as of the date hereof, by and among the Company and Integrated LLC (as
amended, supplemented or otherwise modified from time to time).

 

“Integrated LLC”
means International Integrated Incorporated, LLC, a Nevada limited liability
company.

 

“Principal Market”
means, with respect to the Common Stock or any other security, the principal
securities exchange or trading market for the Common Stock or such other
security.

 

“Registration
Rights Agreement” means the Registration Rights Agreement, dated as
of April 26, 2006 (as
amended, supplemented or otherwise modified from time to time), among the
Company and the initial holders of the Senior Notes relating to the filing of
registration statements covering, among other things, the resale of the
Registrable Securities (as defined therein).

 

“Senior Debt Documents”
means the collective reference to the Securities Purchase Agreement, the Senior
Notes, the Senior Security Documents and all other documents or

 

2

 

instruments that from time to time evidence the Senior
Obligations or secure or support payment or performance thereof.

 

“Senior Lenders” means the holders from time to
time of the Senior Notes.

 

“Senior Notes” means the senior secured
convertible notes of the Company issued and outstanding to the Senior Lenders from
time to time, pursuant to the Securities Purchase Agreement.

 

“Senior Obligations”
means the collective reference to the unpaid principal of, and interest on, the
Senior Notes and all other obligations and liabilities of the Company to the Collateral
Agent and the Senior Lenders (including, without limitation, interest accruing
at the then applicable rate provided in the Securities Purchase Agreement and
the Senior Notes after the filing of any petition in bankruptcy, or the
commencement of any insolvency, reorganization or like proceeding, relating to
the Company, whether or not a claim for post-filing or post-petition interest
is allowed in such proceeding), whether direct or indirect, absolute or
contingent, due or to become due, or now existing or hereafter incurred, which
may arise under, out of, or in connection with, the Securities Purchase
Agreement, the Senior Notes, this Agreement, the other Senior Debt Documents, any
other Transaction Document (as such term is defined in the Securities Purchase
Agreement) or any other document made, delivered or given in connection
therewith, in each case whether on account of principal, interest,
reimbursement obligations, fees, indemnities, costs, expenses or otherwise
(including, without limitation, all fees and disbursements of counsel to the Collateral
Agent or to the Senior Lenders that are required to be paid by the Company
pursuant to the terms of the Securities Purchase Agreement, this Agreement or
any other Senior Debt Document).

 

“Senior Security Documents” means the Guarantee
and Collateral Agreement, any other applicable Transaction Document and all other documents
and instruments, now existing or hereafter arising, which create or perfect, or
purport to create or perfect, a
security interest in property to secure payment or performance of the Senior
Obligations.

 

“Sirius LLC” means
Sirius Capital, LLC, a Delaware limited liability company.

 

“Sirius Promissory Note”
means the Promissory Note, dated as of April 26, 2006 by and among the Company and Sirius LLC (as amended, supplemented
or otherwise modified from time to time).

 

“Subordinated Debt
Documents” means any applicable securities purchase agreement, the
Subordinated Notes and all other documents or instruments that from time to
time evidence of the Subordinated Obligations.

 

“Subordinated Lenders” means Integrated LLC and
Sirius LLC, and their respective subsidiaries, if any, and, as applicable, any
other holder of the Subordinated Obligations from time to time party to any subordinated securities purchase
agreement.

 

“Subordinated Notes” means
the subordinated unsecured notes of the Company issued and outstanding from
time to time to Integrated LLC, with a principal amount outstanding of $31,039,186.11
as of the date hereof, pursuant to the Integrated Amended and Restated

 

3

 

Promissory Note and the subordinated
unsecured convertible notes of the Company issued and outstanding to Sirius
LLC, with a principal amount outstanding of $37,500,000 as of the date hereof,
pursuant to the Sirius Promissory Note.

 

“Subordinated Obligations” means the collective
reference to the unpaid principal of and interest on the Subordinated Notes and
all other obligations and liabilities of the Company to the Subordinated
Lenders (including, without limitation, interest accruing at the then
applicable rate provided in the applicable Subordinated Debt Documents after the
filing of any petition in bankruptcy, or the commencement of any insolvency,
reorganization or like proceeding, relating to the Company, whether or not a
claim for post-filing or post-petition interest is allowed in such proceeding),
whether direct or indirect, absolute or contingent, due or to become due, or
now existing or hereafter incurred, which may arise under, out of, or in connection
with, the Subordinated Notes, this Agreement, any other Subordinated Debt
Document or any other document made, delivered or given in connection therewith,
in each case whether on account of principal, interest, reimbursement
obligations, fees, indemnities, costs, expenses or otherwise (including,
without limitation, all fees and disbursements of counsel to the Subordinated
Lenders that are required to be paid by the Company pursuant to the terms of any
applicable subordinated purchase agreement, this Agreement or any other
Subordinated Debt Document).

 

“Subsidiary”
means any entity in which the Company, directly or indirectly, owns (5%) or
more of the outstanding capital stock, equity or similar interests or voting
power of such entity at the time of this Agreement or at any time hereafter.

 

“Warrants” means the
warrants issued to the original buyers
of the Senior Notes pursuant to the Securities Purchase Agreement and
all warrants issued in exchange or substitution therefor or replacement
thereof.

 

“Weighted
Average Price” means, as of any date, the dollar volume-weighted
average price for the such security on its Principal Market during the period
beginning at 9:30 a.m. New York City time (or such other time as its
Principal Market publicly announces is the official open of trading) and ending
at 4:00 p.m. New York City time (or such other time as its Principal
Market publicly announces is the official close of trading) as reported by
Bloomberg through its “Volume at Price” functions, or if the foregoing does not
apply, the dollar volume-weighted average price of such security in the
over-the-counter market on the electronic bulletin board for such security
during the period beginning at 9:30 a.m. New York City time (or such other
time as such over-the-counter market publicly announces is the official open of
trading), and ending at 4:00 p.m. New York City time (or such other time
as such over-the-counter market publicly announces is the official close of
trading) as reported by Bloomberg, or, if no dollar volume-weighted average
price is reported for such security by Bloomberg for such hours, the average of
the highest closing bid price and the lowest closing ask price of any of the
market makers for such security as reported in the “pink sheets” by the
National Quotation Bureau, Inc.

 

2.                                       Subordination.  (a)  The
Company and each of the Subordinated Lenders party hereto agree, for itself and
each future holder of the Subordinated Obligations, that the Subordinated
Obligations are expressly “subordinate and junior in right of payment” (as that
phrase is defined immediately below) to all Senior Obligations.

 

4

 

(b)                                 “Subordinate
and junior in right of payment” means that:

 

(i)                                     no
part of the Subordinated Obligations shall have any claim to the assets of the Company
on a parity with or prior to the claim of the Senior Obligations; and

 

(ii)                                  until
at least 90 days after the Senior Notes have been paid in full during time which
no Insolvency Event shall have occurred, without the express prior written
consent of the Collateral Agent and the holders of at least
a majority of the aggregate principal amount of the Senior Notes then
outstanding, (A) no Subordinated Lender will take, demand or
receive from the Company, and the Company will not make, give or permit,
directly or indirectly, by set-off, redemption, purchase or in any other
manner, any payment of or security for the whole or any part of the
Subordinated Obligations, including, without limitation, any letter of credit
or similar credit support facility to support payment of the Subordinated Obligations
and (B) no Subordinated Lender will accelerate
for any reason the scheduled maturities of any amount owing under the
Subordinated Notes or take any Enforcement Action; provided, however,
that upon the occurrence of an Insolvency Event the Subordinated Lenders may
accelerate the scheduled maturities of the Subordinated Notes.

 

(c)                                  The
expressions “prior payment in full,” “payment in full,” “paid in full” and any
other similar terms or phrases when used in this Agreement with respect to the
Senior Obligations shall mean the indefeasible payment in full, in immediately
available funds, of all of the Senior Obligations.

 

3.                                       Additional
Provisions Concerning Subordination.  (a)  The Subordinated
Lenders and the Company agree that upon the occurrence of any Insolvency Event:

 

(i)                                     all
Senior Obligations shall be paid in full before any payment or distribution is
made with respect to the Subordinated Obligations; and

 

(ii)                                  any
payment or distribution of assets of the Company, whether in cash, property or
securities, to which any Subordinated Lender would be entitled except for the
provisions hereof, shall be paid or delivered by the Company, or any receiver,
trustee in bankruptcy, liquidating trustee, disbursing Collateral Agent or
other person making such payment or distribution, directly to the Collateral
Agent, for the account of the Collateral Agent and Senior Lenders, to the
extent necessary to pay in full all Senior Obligations, before any payment or
distribution shall be made to any Subordinated Lender.

 

(b)                                 Upon
the occurrence of any event or proceeding described in clause (a)(i) or
(b) of the definition of “Insolvency Event” in Section 1 of this
Agreement commenced by or against the Company:

 

(i)                                     each
Subordinated Lender irrevocably authorizes and empowers the Collateral Agent (A) to demand, sue for, collect and receive every
payment or distribution on account of the Subordinated Obligations payable or
deliverable in connection with such event or proceeding and give acquittance
therefor, (B) to file claims and proofs of
claim in any statutory or non-statutory proceeding and take such other actions,
in its own name as Collateral Agent, or in the name of the Subordinated Lenders

 

5

 

or otherwise, as the Collateral Agent may deem necessary or advisable
for the enforcement of the provisions of this Agreement and (C) to vote
any of the claims of any Subordinated Lender in connection with any such
Insolvency Event; provided, however, that the foregoing
authorization and empowerment imposes no obligation on the Collateral Agent to
take any such action;

 

(ii)                                  each
Subordinated Lender shall take such action, duly and promptly, as the Collateral
Agent may request from time to time (A) to
collect the Subordinated Obligations for the account of the Senior Lenders and (B) to file appropriate proofs of claim in respect
of the Subordinated Obligations; and

 

(iii)                               each
Subordinated Lender shall execute and deliver such powers of attorney,
assignments or proofs of claim or other instruments as the Collateral Agent may
request to enable the Collateral Agent to enforce any and all claims in respect
of the Subordinated Obligations and to collect and receive any and all payments
and distributions which may be payable or deliverable at any time upon or in
respect of the Subordinated Obligations.

 

(c)                                  If
any payment or distribution, whether consisting of money, property or
securities, whether occurring before or after the occurrence of any Event of
Default (as such term is defined in the Securities Purchase Agreement), be
collected or received by any Subordinated Lender in respect of the Subordinated
Obligations, such Subordinated Lender forthwith shall deliver the same to the Collateral
Agent for the account of the Senior Lenders, in the form received, duly
indorsed to the Collateral Agent, if required, to be applied to the payment or
prepayment of the Senior Obligations until the Senior Obligations are paid in
full.  Until so delivered, such payment
or distribution shall be held in trust by such Subordinated Lender as the
property of the Senior Lenders, segregated from other funds and property held
by such Subordinated Lender.

 

4.                                       Subrogation.  Subject to the payment in full of the Senior
Obligations, the Subordinated Lenders shall be subrogated to the rights of the Senior
Lenders to receive payments or distributions of assets of the Company in
respect of the Senior Obligations until the Senior Obligations shall be paid in
full.  For the purposes of such
subrogation, payments or distributions to the Collateral Agent, for the account
of the Senior Lenders, of any money, property or securities to which any Subordinated
Lender would be entitled except for the provisions of this Agreement shall be
deemed, as between the Company and its creditors other than the Senior Lenders
and such Subordinated Lender, to be a payment by the Company to or on account
of Subordinated Obligations, it being understood that the provisions of this
Agreement are, and are intended solely, for the purpose of defining the respective
rights, priorities and interests of the Collateral Agent, Subordinated Lenders
and the Senior Lenders.

 

5.                                       Consent
of Subordinated Lenders.  (a)  Each Subordinated Lender
consents that, without the necessity of any reservation of rights against any Subordinated
Lender, and without notice to or further assent by any Subordinated Lender:

 

(i)                                     any
demand for payment of any Senior Obligations made by the Collateral Agent or
any Senior Lender may be rescinded in whole or in part by the Collateral Agent

 

6

 

or any such Senior Lender, and any Senior Obligation may be continued,
and the Senior Obligations, or the liability of the Company or any guarantor or
any other party upon or for any part thereof, or any collateral security or
guarantee therefor or right of offset with respect thereto, or any obligation
or liability of the Company or any other party under the Securities Purchase
Agreement or any other agreement, may, from time to time, in whole or in part,
be renewed, extended, modified, accelerated, compromised, waived, surrendered,
or released by the Collateral Agent or any Senior Lender each in its sole
discretion; and

 

(ii)                                  the
Securities Purchase Agreement, the Senior Notes and any other Senior Debt Document
may be amended, supplemented, modified or terminated, in whole or in part, as
the Collateral Agent or any Senior Lender may deem advisable each in its sole discretion
from time to time, and any collateral security at any time held by the Collateral
Agent or any Senior Lender for the payment of any of the Senior Obligations may
be sold, exchanged, waived, surrendered or released;

 

in each case all without
notice to or further assent by any Subordinated Lender, which will remain bound
under this Agreement, and all without impairing, abridging, releasing or
affecting the subordination provided for herein.

 

(b)                                 Each
Subordinated Lender waives any and all notice of the creation, renewal,
extension or accrual of any of the Senior Obligations and notice of or proof of
reliance by the Senior Lenders upon this Agreement.  The Senior Obligations, and any of them,
shall be deemed conclusively to have been created, contracted or incurred in
reliance upon this Agreement, and all dealings between the Company and the Senior
Lenders shall be deemed to have been consummated in reliance upon this
Agreement.  Each Subordinated Lender
acknowledges and agrees that the Senior Lenders have relied upon the
subordination provided for herein in acquiring its Senior Notes.  Each Subordinated Lender waives any notice of
or proof of reliance on this Agreement and any protest, demand for payment and
notice of default.

 

6.                                       Negative
Covenants of the Subordinated Lenders. 
So long as any of the Senior Obligations shall remain outstanding, no Subordinated
Lender shall:

 

(a)                                  without
the prior written consent of the Company given in accordance with the terms of
the Senior Notes, sell, assign, or otherwise transfer, in whole or in part, the
Subordinated Obligations or any interest therein to any other person (a “Transferee”)
or create, incur or suffer to exist any security interest, lien, charge or
other encumbrance whatsoever (collectively, a “Transfer”) upon the
Subordinated Obligations in favor of any Transferee.  Upon any such Transfer (1) such
action shall be made expressly subject to this Agreement and (2) the Transferee shall expressly acknowledge to the
Collateral Agent, by a writing substantially in the form of Exhibit A attached hereto, the
subordination provided for herein and agrees to be bound by all of the terms
hereof.  Any purported transfer in
violation of this Section 6(a) shall be null and void;

 

(b)                                 without
the prior written consent of the Collateral Agent, permit any of the
Subordinated Debt Documents to be amended, modified or otherwise supplemented;

 

7

 

(c)                                  without
the prior written consent of the Collateral Agent, commence or join with any
creditors other than the Senior Lenders in commencing, any proceeding referred
to in clause (b) or (c) of the definition of “Insolvency Event”; or

 

(d)                                 with
respect to Sirius LLC, effect a sale or other disposition of any shares of
Common Stock issued to it pursuant to Sections 4 or 8 of the Sirius Promissory
Note (the “Conversion Shares”) or (ii) offer to sell, contract to
sell, grant any option to purchase or enter into any similar transaction with
regard to the Conversion Shares or any security convertible into or
exchangeable for the Conversion Shares which has the same economic effect as a
sale or other disposition of the Conversion Shares unless (x) a Registration
Statement (as defined in the Registration Rights Agreement) shall have been
effective for at least 45 days prior to such date and shall continue to be
effective and available for the sale of not less than 150% of the Registrable
Securities issuable upon conversion of all of the outstanding Senior Notes and
exercise of all of the outstanding Warrants, in accordance with the
Registration Rights Agreement, and no Grace Period (as defined in the
Registration Rights Agreement) applicable to such Registration Statement shall
be in effect nor shall there have been any Grace Period which is not an
Allowable Grace Period (as defined in the Registration Rights Agreement)
applicable to such Registration Statement and (y) the Weighted Average Price of
the Common Stock shall have been at least $6.00 (subject to adjustments for
stock splits, stock dividends combinations, reclassifications and other events)
for at least 20 out of 30 of the Trading Days immediately preceding the date on
which Sirius LLC proposes to effect such sale or other disposition.

 

7.                                       Senior
Obligations Unconditional.  All
rights and interests of the Senior Lenders hereunder, and all agreements and
obligations of the Subordinated Lenders and the Company hereunder, shall remain
in full force and effect irrespective of:

 

(a)                                  any
lack of validity or enforceability of any Senior Security Documents or any
other Senior Debt Documents;

 

(b)                                 any
change in the time, manner or place of payment of, or in any other term of, all
or any of the Senior Obligations, or any amendment or waiver or other
modification, whether by course of conduct or otherwise, of the terms of the Securities
Purchase Agreement or any other Senior Security Document;

 

(c)                                  any
exchange, release or nonperfection of any security interest in any Collateral,
or any release, amendment, waiver or other modification, whether in writing or
by course of conduct or otherwise, of all or any of the Senior Obligations or
any guarantee thereof; or

 

(d)                                 any
other circumstances which otherwise might constitute a defense available to, or
a discharge of, the Company in respect of the Senior Obligations, or of either
any Subordinated Lender or the Company in respect of this Agreement.

 

8.                                       Representations
and Warranties.  Each Subordinated
Lender represents and warrants to the Collateral Agent and the Senior Lenders
that:

 

(a)                                  its
Subordinated Notes (i) have been issued to it
for good and valuable consideration (ii) are
owned by such Subordinated Lender free and clear of any security interests,
liens, charges or encumbrances whatsoever arising from, through or under such Subordinated

 

8

 

Lender, other than the interest of the Senior Lenders
under this Agreement, (iii) are payable solely
and exclusively to such Subordinated Lender and to no other person and are
payable without deduction for any defense, offset or counterclaim and (iv) constitute the only evidence of the obligations
evidenced thereby;

 

(b)                                 such
Subordinated Lender has the corporate power and authority and the legal right
to execute and deliver and to perform its obligations under this Agreement and
has taken all necessary corporate action to authorize its execution, delivery
and performance of this Agreement;

 

(c)                                  this
Agreement constitutes a legal, valid and binding obligation of such Subordinated
Lender;

 

(d)                                 the
execution, delivery and performance of this Agreement will not violate any
provision of any requirement of law or contractual obligation of such Subordinated
Lender and will not result in the creation or imposition of any lien on any of
the properties or revenues of such Subordinated Lender pursuant to any requirement
of law or any contractual obligation of such Subordinated Lender, except the
interest of the Senior Lenders under this Agreement; and

 

(e)                                  no
consent or authorization of, filing with, or other act by or in respect of, any
arbitrator or governmental authority and no consent of any other person
(including, without limitation, any stockholder or creditor of such Subordinated
Lender), is required in connection with the execution, delivery, performance,
validity or enforceability of this Agreement.

 

9.                                       No
Representation by Collateral Agent. 
Neither the Collateral Agent nor any Senior Lender has made, and none of
them hereby or otherwise makes to the Subordinated Lenders, any representations
or warranties, express, or implied, nor does the Collateral Agent or any Senior
Lender assume any liability to any Subordinated Lender with respect to (a) the financial or other condition of the Company
under any instruments of guarantee with respect to the Senior Obligations, (b) the enforceability, validity, value or
collectibility of the Senior Obligations or the Subordinated Obligations, any
collateral therefor, or any guarantee or security which may have been granted
in connection with any of the Senior Obligations or the Subordinated
Obligations or (c) the Company’s title or right
to transfer any collateral or security.

 

10.                                 Waiver
of Claims.  To the maximum extent
permitted by law, each Subordinated Lender waives any claim it might have
against the Senior Lenders with respect to, or arising out of, any action or
failure to act or any error of judgment, negligence, or mistake or oversight
whatsoever on the part of the Collateral Agent, the Senior Lenders or their
respective directors, officers, employees or Collateral Agents with respect to
any exercise of rights or remedies under the Senior Debt Documents or any
transaction relating to the Collateral. 
Neither the Collateral Agent, any Senior Lender nor any of their
respective directors, officers, employees or agents shall be liable for failure
to demand, collect or realize upon any of the Collateral or for any delay in
doing so or shall be under any obligation to sell or otherwise dispose of any
Collateral upon the request of the Company or any Subordinated Lender or any
other person or to take any other action whatsoever with regard to the
Collateral or any part thereof.

 

9

 

11.                                 Provisions
Applicable After Bankruptcy.  The
provisions of this Agreement shall continue in full force and effect
notwithstanding the occurrence of any event contemplated under clause (a) or
(b) of the definition of “Insolvency Event” in Section 1 of this
Agreement.

 

12.                                 Further
Assurances.  The Subordinated Lenders
and the Company, at their own expense and at any time from time to time, upon
the written request of the Collateral Agent will promptly and duly execute and
deliver such further instruments and documents and take such further actions as
the Collateral Agent reasonably may request for the purposes of obtaining or
preserving the full benefits of this Agreement and of the rights and powers
herein granted.

 

13.                                 Provisions
Define Relative Rights.  This
Agreement is intended solely for the purpose of defining the respective rights,
priorities and interests of the Collateral Agent, the Senior Lenders and the Subordinated
Lenders only, and no other person shall have any right, benefit or other
interest under this Agreement.

 

14.                                 Legend.  Each Subordinated Lender and the Company will
cause each of the Subordinated Notes to bear upon its face the following
legend:

 

ALL INDEBTEDNESS EVIDENCED BY THIS NOTE IS
SUBORDINATED TO OTHER INDEBTEDNESS PURSUANT TO, AND TO THE EXTENT PROVIDED IN,
AND IS OTHERWISE SUBJECT TO THE TERMS OF, THE SUBORDINATION AGREEMENT, DATED APRIL 26, 2006 (AS AMENDED, SUPPLEMENTED OR
OTHERWISE MODIFIED FROM TIME TO TIME, THE “SUBORDINATION AGREEMENT”), BY
AND AMONG MEDICOR LTD., A DELAWARE CORPORATION, SILVER OAK CAPITAL, L.L.C., A
DELAWARE LIMITED LIABILITY COMPANY, AS COLLATERAL AGENT, AND THE HOLDERS FROM
TIME TO TIME OF THE SUBORDINATED OBLIGATIONS (AS DEFINED THEREIN), INCLUDING,
WITHOUT LIMITATION, THIS NOTE.

 

15.                                 Powers
Coupled With An Interest.  All
powers, authorizations and agencies contained in this Agreement are coupled
with an interest and are irrevocable until the Senior Obligations are paid in
full.

 

16.                                 Authority
of Collateral Agent.  The Company and
the Subordinated Lenders acknowledge that the rights and responsibilities of
the Collateral Agent under this Agreement with respect to any action taken by
the Collateral Agent or the exercise or non-exercise by the Collateral Agent of
any option, request, judgment or other right or remedy provided for herein or
resulting or arising out of this Agreement shall, as between the Collateral Agent
and the Senior Lenders, be governed by the Securities Purchase Agreement and by
such other agreements with respect thereto as may exist from time to time among
them, but, as between the Collateral Agent, the Company and the Subordinated
Lenders, the Collateral Agent shall be conclusively presumed to be acting as Collateral
Agent for the Senior Lenders with full and valid authority so to act or refrain
from acting, and neither the Company nor any Subordinated Lender shall be under
any obligation, or entitlement, to make any inquiry respecting such authority.

 

10

 

17.                                 Notices.  All notices or demands by any
party hereunder must be in writing and personally delivered or sent by
registered or certified mail, postage prepaid, return receipt requested, or by
prepaid facsimile, telecopy, telegram (with messenger delivery specified), or
other method of electronic communication as follows:

 

	
   

  	
  Subordinated

  	
   

  	
   

  
	
   

  	
  Lenders:

  	
  INTERNATIONAL INTEGRATED
  INCORPORATED, LLC

  
	
   

  	
   

  	
  4560 South Decatur
  Boulevard, Suite 201

  
	
   

  	
   

  	
  Las Vegas, Nevada 89103

  
	
   

  	
   

  	
  Attention:

  	
  Donald K. McGhan

  
	
   

  	
   

  	
  Facsimile:

  	
  702-932-4563

  
	
   

  	
   

  	
  Email:

  	
  iowagrad@att.net

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SIRIUS CAPITAL, LLC

  
	
   

  	
   

  	
  4560 South Decatur
  Boulevard, Suite 201

  
	
   

  	
   

  	
  Las Vegas, Nevada 89103

  
	
   

  	
   

  	
  Attention:

  	
  Nikki M. Pomeroy

  
	
   

  	
   

  	
  Facsimile:

  	
  702-364-0799

  
	
   

  	
   

  	
  Email:

  	
  mcikkin@aol.com

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Collateral Agent:

  	
  SILVER OAK CAPITAL, L.L.C.

  
	
   

  	
   

  	
  c/o Angelo,
  Gordon & Co., L.P.

  
	
   

  	
   

  	
  245 Park Avenue

  
	
   

  	
   

  	
  New York, NY 10167

  
	
   

  	
   

  	
  Attention:

  	
  Gary I. Wolf

  
	
   

  	
   

  	
  Facsimile:

  	
  212-867-6395

  
	
   

  	
   

  	
  Email:

  	
  gwolf@angelogordon.com

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  With a copy to:

  	
  PAUL, WEISS, RIFKIND,
  WHARTON & GARRISON LLP

  
	
   

  	
   

  	
  1285 Avenue of the
  Americas

  
	
   

  	
   

  	
  New York, NY
  10019-6064

  
	
   

  	
   

  	
  Attn:

  	
  Eric Goodison

  
	
   

  	
   

  	
  Facsimile:

  	
  212-492-0292

  
	
   

  	
   

  	
  Email:

  	
  egoodison@paulweiss.com

  

 

The parties may change
the address at which they receive notice by giving notice to each other in the
foregoing manner.  Notices or demands
sent in accordance with this Section 17 shall be deemed to be received on
the earlier of the date of actual receipt or five calendar days after
deposit in United States mail.

 

18.                                 Governing
Law; Venue; Waiver of Jury Trial.

 

(i)                                     THE
VALIDITY OF THIS AGREEMENT, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT
HEREOF AND THEREOF, AND THE RIGHTS OF THE PARTIES HERETO AND THERETO WITH
RESPECT TO ALL MATTERS ARISING HEREUNDER OR RELATED HERETO SHALL BE DETERMINED
UNDER,

 

11

 

GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS
OF THE STATE OF NEW YORK.

 

(ii)                                  THE
PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS
AGREEMENT SHALL BE TRIED AND LITIGATED ONLY IN THE STATE OF NEW YORK IN
THE BOROUGH OF MANHATTAN AND TO THE EXTENT PERMITTED BY APPLICABLE LAW, THE FEDERAL
COURTS FOR THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURTS
THEREFROM, PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT
AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT THE COLLATERAL
AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE THE COLLATERAL AGENT ELECTS
TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE
FOUND.  THE COMPANY WAIVES, TO THE EXTENT
PERMITTED UNDER APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO ASSERT THE
DOCTRINE OF FORUM NON CONVENIENS OR TO
OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS
SECTION.

 

(iii)                               EACH
OF THE PARTIES HERETO HEREBY WAIVES ITS RESPECTIVE RIGHTS TO A JURY TRIAL OF
ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY
OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT
CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY
CLAIMS.  EACH OF THE PARTIES HERETO
REPRESENTS THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY
WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL.  IN THE EVENT OF LITIGATION, A COPY OF THIS
AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.

 

19.                                 Integrated
Agreement.  This Agreement shall
constitute the entire agreement between the parties with respect to the subject
matter hereof, shall supersede all prior agreements, representations or
understandings between the parties and may not be amended except by a writing
signed by both parties.

 

20.                                 Additional
Remedies.  If the Company or any Subordinated
Lender violates any of the terms of this Agreement, in addition to any remedies
in law, equity, or otherwise, the Collateral Agent may restrain such violation
in any court of law and may, in its own or any other applicable name, interpose
this Agreement as a defense in any action by the Company or any Subordinated
Lender, as applicable.

 

21.                                 Counterparts.  This Agreement may be executed in
counterparts, each of which shall be deemed an original and all of which
together shall constitute one agreement.

 

22.                                 Severability.  Any provision of this Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof, and any

 

12

 

such prohibition or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction.

 

23.                                 Amendments
in Writing; No Waiver; Cumulative Remedies.  (a)  None of the terms or
provisions of this Agreement may be waived, amended, supplemented or otherwise
modified except by a written instrument executed by the Collateral Agent in
accordance with Section 10(e) of the Securities Purchase Agreement,
the Company and each Subordinated Lender; provided that any provision of
this Agreement may be waived by the Collateral Agent in accordance with Section 10(e) of
the Securities Purchase Agreement in a letter or agreement executed by the Collateral
Agent or by facsimile telecopy, telegram or other method of electronic
communication from the Collateral Agent.

 

(b)                                 No
failure to exercise, nor any delay in exercising, on the part of the Collateral
Agent, any right, power or privilege hereunder shall operate as a waiver
thereof.  No single or partial exercise
of any right, power or privilege hereunder shall preclude any other or further
exercise thereof or the exercise of any other right, power or privilege.

 

(c)                                  The
rights and remedies herein provided are cumulative, may be exercised singly or
concurrently and are not exclusive of any other rights or remedies provided by
law.

 

24.                                 Section Headings.  The section headings used in this
Agreement are for convenience of reference only and are not to affect the
construction hereof or be taken into consideration in the interpretation
hereof.

 

25.                                 Successors
and Assigns.  (a)  This
Agreement shall be binding upon the successors and assigns of the Company and
the Subordinated Lenders and shall inure to the benefit of the Collateral Agent
and the Senior Lenders and their successors and assigns.

 

(b)                                 Upon
a successor Collateral Agent becoming the Collateral Agent under the Securities
Purchase Agreement, such successor Collateral Agent automatically shall become
the Collateral Agent hereunder with all the rights and powers of the Collateral
Agent hereunder without the need for any further action on the part of any
party hereto.

 

26.                                 Pronouns.  All pronouns and any variations thereof used
herein shall be deemed to refer to the masculine, feminine, or neuter, singular
or plural, as the identity of the person or persons may require.

 

[Signatures follow on next page.]

 

13

 

IN WITNESS WHEREOF, the parties have executed this Subordination
Agreement as of the day and year first above written.

 

 

	
   

  	
  SILVER OAK CAPITAL, L.L.C.,

  
	
   

  	
  a Delaware limited liability company, as

  Collateral Agent

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Michael L. Gordon

  	
   

  
	
   

  	
   

  	
  Name:

  	
  Michael L. Gordon

  	
   

  
	
   

  	
   

  	
  Title:

  	
  Managing Member

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  MEDICOR LTD.,

  
	
   

  	
  a Delaware Corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Theodore R. Maloney

  	
   

  
	
   

  	
   

  	
  Name:

  	
  Theodore R. Maloney

  	
   

  
	
   

  	
   

  	
  Title:

  	
  Chief Executive Officer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  INTERNATIONAL INTEGRATED

  INCORPORATED, LLC,

  
	
   

  	
  a Nevada limited liability company, as

  Subordinated Lender

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Donald K. McGhan

  	
   

  
	
   

  	
   

  	
  Name:

  	
  Donald K. McGhan

  	
   

  
	
   

  	
   

  	
  Title:

  	
  Managing Member

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  SIRIUS CAPITAL, LLC,

  
	
   

  	
  a Delaware limited liability company, as

  Subordinated Lender

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Donald K. McGhan

  	
   

  
	
   

  	
   

  	
  Name:

  	
  Donald K. McGhan

  	
   

  
	
   

  	
   

  	
  Title:

  	
  Managing Member

  	
   

  

 

14

 

EXHIBIT A

 

FORM OF JOINDER

 

Reference is made to that certain Subordination Agreement, dated as of April 26, 2006 (as amended, supplemented or otherwise modified from time to
time, the “Subordination Agreement”), by and among the Subordinated
Lenders (as defined therein), MediCor Ltd., a Delaware corporation (the “Company”),
and Silver Oak Capital, L.L.C., a Delaware limited liability company, in its
capacity as collateral agent (in such capacity, the “Collateral Agent”)
for the holders from time to time of the Senior Notes (as defined therein)
issued pursuant to the Securities Purchase Agreement (as defined therein).  All capitalized terms used but not defined
herein shall have the respective meanings ascribed to them in the Subordination
Agreement.

 

WHEREAS, the undersigned desires
to become a Transferee of the Subordinated Obligations and, as evidence
thereof, a holder of Subordinated Notes; and

 

WHEREAS, Section 6(a) of
the Subordination Agreement prohibits such transfer of the Subordinated
Obligations unless the undersigned expressly acknowledges the subordination
provided for in the Subordination Agreement and agrees to be bound by all the
terms thereof.

 

NOW, THEREFORE, in
consideration of the foregoing, and for good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the undersigned hereby
(i) joins the Subordination Agreement as a Subordinated Lender, (ii) assumes
and agrees to be bound to all the terms set forth therein and (iii) makes
all the representations and warranties of a Subordinated Lender set forth in
the Subordination Agreement as if made on the date hereof.

 

[Signatures follow on next page.]

 

 

IN WITNESS WHEREOF, the Transferee has executed this Joinder as of           day
of                   , 2006.

 

 

	
   

  	
  [JOINED PARTY]

  
	
   

  	
  a 

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  	
   

  
							

 

 

ACKNOWLEDGED and
agreed as of           day
of                  ,
2006.

 

	
   

  	
  MEDICOR LTD.,

  
	
   

  	
  a Delaware Corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  SILVER OAK CAPITAL, L.L.C.,

  
	
   

  	
  a Delaware limited liability company, as

  Collateral Agent

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  

 

2EXHIBIT 10.7

 

AMENDED AND RESTATED SUBORDINATED PROMISSORY
NOTE

 

THIS AMENDED AND RESTATED SUBORDINATED
PROMISSORY NOTE (THIS “NOTE”) IS AN
AMENDMENT AND RESTATEMENT TO THAT CERTAIN PROMISSORY NOTE DATED APRIL 26,
2006 IN THE ORIGINAL PRINCIPAL AMOUNT OF THIRTY ONE MILLION THIRTY NINE
THOUSAND ONE HUNDRED EIGHTY SIX AND ELEVEN CENTS ($31,039,186.11) (INCLUDING
SEVEN MILLION EIGHT HUNDRED FIFTY TWO THOUSAND NINE HUNDRED TWENTY EIGHT
DOLLARS AND SEVENTY THREE CENTS ($7,852,928.73) OF ACCRUED AND UNPAID INTEREST
THEREON) (THE “ORIGINAL NOTE”) MADE BY MEDICOR
LTD., A DELAWARE CORPORATION (“MEDICOR”), AS
SUCCESSOR TO INTERNATIONAL INTEGRATED INCORPORATED, A BRITISH VIRGIN ISLANDS
CORPORATION (“IIIBV”), IN FAVOR OF
INTERNATIONAL INTEGRATED INDUSTRIES, LLC, A NEVADA LIMITED LIABILITY COMPANY
(THE “HOLDER”).  THIS PROMISSORY NOTE IS MADE IN PLACE OF THE
ORIGINAL NOTE.

 

ALL INDEBTEDNESS EVIDENCED BY THIS NOTE IS
SUBORDINATED TO OTHER INDEBTEDNESS PURSUANT TO, AND TO THE EXTENT PROVIDED IN,
AND IS OTHERWISE SUBJECT TO THE TERMS OF, THE SUBORDINATION AGREEMENT, DATED APRIL 26,
2006 (AS AMENDED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME, THE “SUBORDINATION AGREEMENT”), BY AND AMONG MEDICOR, SILVER OAK
CAPITAL, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY, AS “COLLATERAL
AGENT”, AND THE HOLDERS FROM TIME TO TIME OF THE SUBORDINATED
OBLIGATIONS (AS DEFINED THEREIN), INCLUDING, WITHOUT LIMITATION, THIS NOTE.

 

	
  April 26, 2006

  	
  Las Vegas, Nevada

  

 

FOR VALUE RECEIVED, MediCor
hereby promises to pay to the order of the Holder, at the Holder’s principal
address, the principal sum of certain loans made by Holder to MediCor or to
IIIBV, the predecessor to MediCor (or such lesser amount as shall equal the
aggregate unpaid principal amount of the loans (the “Loans”)
made by Holder to MediCor or IIIBV), in lawful money of the United States of
America and in immediately available funds, on the dates and in the principal
amounts as set forth in Schedule 1 to Exhibit A to this
Promissory Note (the “Note”) and to
pay interest on the unpaid principal amount of each such Loan, at such office,
in like money and funds, for the period commencing on the date of such Loan
until such Loan shall be paid in full, at the rates per annum and on the
Maturity Date as provided in Exhibit A to this Note.  As used herein, the term, “Holder” shall mean Holder and any subsequent holder of this
Note, as applicable from time to time.

 

The date and amount of each
Loan made by the Holder to MediCor, and each payment made on account of the
principal of such Loan, shall be recorded by Holder on its books and, prior to
any transfer of this Note, endorsed by Holder on Schedule 1 to Exhibit A
attached to this Note or any continuation of such Exhibit A, provided that
the failure of Holder to make any such recordation or endorsement shall not
affect the obligations of MediCor to make a payment when due of any amount
owing under this Note in respect of the Loans made by Holder.

 

This Note may be prepaid in
full or in part, without penalty, upon not less than five (5) days’ prior
written notice to Holder, with such right to prepayment to become effective ten
(10) business days after the Maturity Date as defined and expressly
outlined in Exhibit A to this Note. 
Principal and interest are payable in lawful money of the United States
of America.

 

1

 

Prior to the indefeasible
payment in full in cash of the Senior Notes (as defined below), all interest on
this Note shall be paid only by adding such interest to the principal amount of
this Note.

 

If the Holder notifies MediCor in writing of a default in the payment of principal
or interest when due pursuant to the terms hereof (an “Event of
Default”), Holder shall have the option, without demand or notice,
to declare the then entire balance of principal, together with all accrued
interest thereon, immediately due and payable and to exercise all rights and
remedies available to Holder hereunder. Upon the occurrence of an Event of
Default, and so long as such Event of Default shall continue, the entire
balance of principal together with all accrued interest thereon shall bear
interest at the then applicable rate plus two percent (2%) (the “Default Interest Rate”). 
No delay or omission on the part of Holder hereof in exercising any right
under this Note shall operate as a waiver of such right.  The application of the Default Interest Rate
shall not be interpreted or deemed to extend any cure period set forth herein
or otherwise limit any of Holder’s remedies hereunder or thereunder.

 

The Holder may assign or
transfer all or any portion of its rights hereunder only upon the terms and
conditions set forth in the Subordination Agreement and with the prior written
consent of the Company.  Any purported
transfer in violation of this provision shall be null and void.

 

The Holder of this Note agrees,
for itself and each future holder of this Note, that this Note is expressly “subordinate
and junior in right of payment” (as that phrase is defined in the Subordination
Agreement) to those certain Senior Secured Convertible Notes dated as of April 26,
2006 (the “Senior Notes”) made by MediCor in favor
of those persons listed in the Schedule of Purchasers attached to the
Securities Purchase Agreement (as defined in the Subordination Agreement).

 

MediCor hereby waives
diligence, presentment, protest and demand, notice of protest, dishonor and
nonpayment of this Note and expressly agrees that, without in any way affecting
the liability of MediCor hereunder, Holder may extend any maturity date or the
time for payment of any installment due hereunder, accept security, release any
party liable hereunder and release any security now or hereafter securing this
Note.  MediCor further waives, to the
full extent permitted by law, the right to plead any and all statutes of
limitations as a defense to any demand on this Note, or on any deed of trust,
security agreement, lease assignment, guaranty or other agreement now or
hereafter securing this Note.

 

If this Note is not paid when
due, or if any Event of Default occurs, MediCor promises to pay all costs of
enforcement and collection, including but not limited to, Holder’s reasonable
attorneys’ fees, whether or not any action or proceeding is brought to enforce
the provisions hereof.

 

Every provision of this Note is
intended to be severable.  In the event
any term or provision hereof is declared to be illegal or invalid for any
reason whatsoever by a court of competent jurisdiction, such illegality or
invalidity shall not affect the balance of the terms and provisions hereof,
which terms and provisions shall remain binding and enforceable.

 

It is the intent of MediCor and
Holder in the execution of this Note and all other instruments securing this
Note that the Loans evidenced hereby be exempt from the restrictions of
applicable usury laws of any jurisdiction. In the event that, for any reason,
it should be determined that any applicable usury law of any jurisdiction is
applicable for the Loans, Holder and MediCor stipulate and agree that none of
the terms and provisions contained herein shall ever be construed to create a
contract for use, forbearance or detention of money requiring payment of
interest at a rate in excess of the maximum interest rate permitted to be
charged by such applicable laws.  In such
event, if any Holder of this Note shall collect monies which are deemed to
constitute interest which would otherwise increase the

 

2

 

effective interest rate on this Note to a
rate in excess of the maximum rate permitted to be charged by the applicable
laws of such jurisdiction, all such sums deemed to constitute interest in
excess of such maximum rate shall, at the option of Holder, be credited to
payment of the sums due hereunder or returned to MediCor.

 

In this Note, the singular
shall include the plural and the masculine shall include the feminine and
neuter gender, and vice versa, if the context so requires.

 

THIS NOTE SHALL BE GOVERNED BY, AND CONSTUED
IN ACCORDANCE WITH, THE LAW OF THE STATE OF DELAWARE APPLICABLE TO CONTRACTS
MADE AND PERFORMED WITHIN THE STATE OF DELAWARE.

 

 

	
   

  	
  MediCor Ltd.,

  
	
   

  	
  a Delaware corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   /s/
  Theodore R. Maloney

  	
   

  
	
   

  	
  Name: Theodore R. Maloney

  
	
   

  	
  Title: Chief Executive Officer

  

 

3

 

EXHIBIT A

 

EXHIBIT OF LOANS

 

This Promissory Note evidences
certain Loans made by Holder to MediCor or MediCor’s predecessor, IIIBV,
on the dates and in the principal amounts, at the interest rate(s) and of the
maturity date as set forth below, subject to the payments of principal,
conversion of a portion of the outstanding balance of this Promissory Note to
Preferred Stock of MediCor or the exercise of warrants and/or options each as
more fully set forth on the attached Schedule 1 to this Exhibit A.  The maturity date for this Promissory Note
shall be the date that is six (6) months beyond the date that is the
earlier of: (i) the maturity date of the Senior Notes; or (ii) the
date in which the entire principal amount of Senior Notes have been: (y)
converted pursuant to Sections 4 or 9 of the Senior Notes; or (z) redeemed
pursuant to Section 5 of the Senior Notes (the “Maturity
Date”).

 

 

Schedule 1 - MediCor Ltd.

Notes Payable - to International Integrated
Industries, LLC

 

	
  Date

  	
   

  	
  Description

  	
   

  	
  Amount

  	
   

  	
  Principal
  Balance

  	
   

  	
  # Days

  	
   

  	
  10%
  Interest

  	
   

  	
  Accrued
  Interest

  	
   

  	
  Balance

  	
   

  
	
  4/1/2003

  	
   

  	
  Balance Assigned from
  III

  	
   

  	
  $

  	
  5,131,593.05

  	
   

  	
  $

  	
  5,131,593.05

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  5,131,593.05

  	
   

  
	
  4/1/2003

  	
   

  	
  Interest Assigned from
  III

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  177,618.24

  	
   

  	
  $

  	
  5,309,211.29

  	
   

  
	
  4/2/2003

  	
   

  	
  Deposit to Medicor

  	
   

  	
  $

  	
  100,000.00

  	
   

  	
  $

  	
  5,231,593.05

  	
   

  	
  2

  	
   

  	
  $

  	
  2,866.63

  	
   

  	
  $

  	
  180,484.87

  	
   

  	
  $

  	
  5,412,077.92

  	
   

  
	
  4/3/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00

  	
   

  	
  $

  	
  5,231,593.05

  	
   

  	
  1

  	
   

  	
  $

  	
  1,433.31

  	
   

  	
  $

  	
  181,918.18

  	
   

  	
  $

  	
  5,413,511.23

  	
   

  
	
  4/3/2003

  	
   

  	
  Deposit to Medicor

  	
   

  	
  $

  	
  50,000.00

  	
   

  	
  $

  	
  5,281,593.05

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00

  	
   

  	
  $

  	
  181,918.18

  	
   

  	
  $

  	
  5,463,511.23

  	
   

  
	
  4/8/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00

  	
   

  	
  $

  	
  5,281,593.05

  	
   

  	
  5

  	
   

  	
  $

  	
  7,235.06

  	
   

  	
  $

  	
  189,153.24

  	
   

  	
  $

  	
  5,470,746.29

  	
   

  
	
  4/8/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  5,481,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  189,153.24 

  	
   

  	
  $

  	
  5,670,746.29 

  	
   

  
	
  4/10/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  5,481,593.05 

  	
   

  	
  2

  	
   

  	
  $

  	
  3,003.61 

  	
   

  	
  $

  	
  192,156.85 

  	
   

  	
  $

  	
  5,673,749.90 

  	
   

  
	
  4/10/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  5,581,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  192,156.85 

  	
   

  	
  $

  	
  5,773,749.90 

  	
   

  
	
  4/25/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  5,581,593.05 

  	
   

  	
  15

  	
   

  	
  $

  	
  22,938.05 

  	
   

  	
  $

  	
  215,094.90 

  	
   

  	
  $

  	
  5,796,687.95 

  	
   

  
	
  4/25/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  5,731,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  215,094.90 

  	
   

  	
  $

  	
  5,946,687.95 

  	
   

  
	
  4/30/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  5,731,593.05 

  	
   

  	
  5

  	
   

  	
  $

  	
  7,851.50 

  	
   

  	
  $

  	
  222,946.40 

  	
   

  	
  $

  	
  5,954,539.45 

  	
   

  
	
  5/9/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  5,731,593.05 

  	
   

  	
  9

  	
   

  	
  $

  	
  14,132.70 

  	
   

  	
  $

  	
  237,079.10 

  	
   

  	
  $

  	
  5,968,672.15 

  	
   

  
	
  5/9/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  120,000.00 

  	
   

  	
  $

  	
  5,851,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  237,079.10 

  	
   

  	
  $

  	
  6,088,672.15 

  	
   

  
	
  5/14/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  5,851,593.05 

  	
   

  	
  5

  	
   

  	
  $

  	
  8,015.88 

  	
   

  	
  $

  	
  245,094.98 

  	
   

  	
  $

  	
  6,096,688.03 

  	
   

  
	
  5/14/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  5,951,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  245,094.98 

  	
   

  	
  $

  	
  6,196,688.03 

  	
   

  
	
  5/20/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  5,951,593.05 

  	
   

  	
  6

  	
   

  	
  $

  	
  9,783.44 

  	
   

  	
  $

  	
  254,878.42 

  	
   

  	
  $

  	
  6,206,471.47 

  	
   

  
	
  5/20/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  20,000.00 

  	
   

  	
  $

  	
  5,971,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  254,878.42 

  	
   

  	
  $

  	
  6,226,471.47 

  	
   

  
	
  5/23/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  5,971,593.05 

  	
   

  	
  3

  	
   

  	
  $

  	
  4,908.16 

  	
   

  	
  $

  	
  259,786.58 

  	
   

  	
  $

  	
  6,231,379.63 

  	
   

  
	
  5/23/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  6,071,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  259,786.58 

  	
   

  	
  $

  	
  6,331,379.63 

  	
   

  
	
  5/30/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,071,593.05 

  	
   

  	
  7

  	
   

  	
  $

  	
  11,644.15 

  	
   

  	
  $

  	
  271,430.73 

  	
   

  	
  $

  	
  6,343,023.78 

  	
   

  
	
  5/30/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  185,000.00 

  	
   

  	
  $

  	
  6,256,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  271,430.73 

  	
   

  	
  $

  	
  6,528,023.78 

  	
   

  
	
  5/31/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,256,593.05 

  	
   

  	
  1

  	
   

  	
  $

  	
  1,714.14 

  	
   

  	
  $

  	
  273,144.86 

  	
   

  	
  $

  	
  6,529,737.91 

  	
   

  
	
  6/2/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,256,593.05 

  	
   

  	
  2

  	
   

  	
  $

  	
  3,428.27 

  	
   

  	
  $

  	
  276,573.13 

  	
   

  	
  $

  	
  6,533,166.18 

  	
   

  
	
  6/2/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  6,356,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  276,573.13 

  	
   

  	
  $

  	
  6,633,166.18 

  	
   

  
	
  6/4/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,356,593.05 

  	
   

  	
  2

  	
   

  	
  $

  	
  3,483.06 

  	
   

  	
  $

  	
  280,056.20 

  	
   

  	
  $

  	
  6,636,649.25 

  	
   

  
	
  6/4/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  6,506,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  280,056.20 

  	
   

  	
  $

  	
  6,786,649.25 

  	
   

  
	
  6/11/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,506,593.05 

  	
   

  	
  7

  	
   

  	
  $

  	
  12,478.40 

  	
   

  	
  $

  	
  292,534.60 

  	
   

  	
  $

  	
  6,799,127.65 

  	
   

  
	
  6/11/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  40,000.00 

  	
   

  	
  $

  	
  6,546,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  292,534.60 

  	
   

  	
  $

  	
  6,839,127.65 

  	
   

  
	
  6/13/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,546,593.05 

  	
   

  	
  2

  	
   

  	
  $

  	
  3,587.17 

  	
   

  	
  $

  	
  296,121.77 

  	
   

  	
  $

  	
  6,842,714.82 

  	
   

  
	
  6/13/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  6,746,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  296,121.77 

  	
   

  	
  $

  	
  7,042,714.82 

  	
   

  
	
  6/24/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,746,593.05 

  	
   

  	
  11

  	
   

  	
  $

  	
  20,332.20 

  	
   

  	
  $

  	
  316,453.97 

  	
   

  	
  $

  	
  7,063,047.02 

  	
   

  
	
  6/24/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  30,000.00 

  	
   

  	
  $

  	
  6,776,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  316,453.97 

  	
   

  	
  $

  	
  7,093,047.02 

  	
   

  
	
  6/30/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,776,593.05 

  	
   

  	
  6

  	
   

  	
  $

  	
  11,139.61 

  	
   

  	
  $

  	
  327,593.57 

  	
   

  	
  $

  	
  7,104,186.62 

  	
   

  
	
  7/8/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,776,593.05 

  	
   

  	
  8

  	
   

  	
  $

  	
  14,852.81 

  	
   

  	
  $

  	
  342,446.38 

  	
   

  	
  $

  	
  7,119,039.43 

  	
   

  
	
  7/8/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  10,000.00 

  	
   

  	
  $

  	
  6,786,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  342,446.38 

  	
   

  	
  $

  	
  7,129,039.43 

  	
   

  
	
  7/9/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,786,593.05 

  	
   

  	
  1

  	
   

  	
  $

  	
  1,859.34 

  	
   

  	
  $

  	
  344,305.72 

  	
   

  	
  $

  	
  7,130,898.77 

  	
   

  
	
  7/9/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  7,186,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  344,305.72 

  	
   

  	
  $

  	
  7,530,898.77 

  	
   

  
	
  7/14/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,186,593.05 

  	
   

  	
  5

  	
   

  	
  $

  	
  9,844.65 

  	
   

  	
  $

  	
  354,150.37 

  	
   

  	
  $

  	
  7,540,743.42 

  	
   

  
	
  7/14/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  50,000.00 

  	
   

  	
  $

  	
  7,236,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  354,150.37 

  	
   

  	
  $

  	
  7,590,743.42 

  	
   

  
	
  7/18/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,236,593.05 

  	
   

  	
  4

  	
   

  	
  $

  	
  7,930.51 

  	
   

  	
  $

  	
  362,080.88 

  	
   

  	
  $

  	
  7,598,673.93 

  	
   

  
	
  7/18/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  7,336,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  362,080.88 

  	
   

  	
  $

  	
  7,698,673.93 

  	
   

  
	
  7/25/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,336,593.05 

  	
   

  	
  7

  	
   

  	
  $

  	
  14,070.18 

  	
   

  	
  $

  	
  376,151.06 

  	
   

  	
  $

  	
  7,712,744.11 

  	
   

  
	
  7/25/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  110,000.00 

  	
   

  	
  $

  	
  7,446,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  376,151.06 

  	
   

  	
  $

  	
  7,822,744.11 

  	
   

  
	
  7/29/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,446,593.05 

  	
   

  	
  4

  	
   

  	
  $

  	
  8,160.65 

  	
   

  	
  $

  	
  384,311.71 

  	
   

  	
  $

  	
  7,830,904.76 

  	
   

  
	
  7/29/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  50,000.00 

  	
   

  	
  $

  	
  7,496,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  384,311.71 

  	
   

  	
  $

  	
  7,880,904.76 

  	
   

  
	
  8/4/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,496,593.05 

  	
   

  	
  6

  	
   

  	
  $

  	
  12,323.17 

  	
   

  	
  $

  	
  396,634.88 

  	
   

  	
  $

  	
  7,893,227.93 

  	
   

  
	
  8/4/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  7,596,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  396,634.88 

  	
   

  	
  $

  	
  7,993,227.93 

  	
   

  
	
  8/12/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,596,593.05 

  	
   

  	
  8

  	
   

  	
  $

  	
  16,650.07 

  	
   

  	
  $

  	
  413,284.94 

  	
   

  	
  $

  	
  8,009,877.99 

  	
   

  
	
  8/12/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  7,696,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  413,284.94 

  	
   

  	
  $

  	
  8,109,877.99 

  	
   

  
	
  8/21/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,696,593.05 

  	
   

  	
  9

  	
   

  	
  $

  	
  18,977.90 

  	
   

  	
  $

  	
  432,262.84 

  	
   

  	
  $

  	
  8,128,855.89 

  	
   

  
	
  8/21/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  7,846,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  432,262.84 

  	
   

  	
  $

  	
  8,278,855.89 

  	
   

  
	
  8/28/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,846,593.05 

  	
   

  	
  7

  	
   

  	
  $

  	
  15,048.26 

  	
   

  	
  $

  	
  447,311.11 

  	
   

  	
  $

  	
  8,293,904.16 

  	
   

  
	
  8/28/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  7,946,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  447,311.11 

  	
   

  	
  $

  	
  8,393,904.16 

  	
   

  
	
  9/2/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  7,946,593.05 

  	
   

  	
  5

  	
   

  	
  $

  	
  10,885.74 

  	
   

  	
  $

  	
  458,196.85 

  	
   

  	
  $

  	
  8,404,789.90 

  	
   

  
	
  9/2/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  70,000.00 

  	
   

  	
  $

  	
  8,016,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  458,196.85 

  	
   

  	
  $

  	
  8,474,789.90 

  	
   

  
	
  9/9/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,016,593.05 

  	
   

  	
  7

  	
   

  	
  $

  	
  15,374.29 

  	
   

  	
  $

  	
  473,571.14 

  	
   

  	
  $

  	
  8,490,164.19 

  	
   

  
	
  9/9/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  95,000.00 

  	
   

  	
  $

  	
  8,111,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  473,571.14 

  	
   

  	
  $

  	
  8,585,164.19 

  	
   

  
	
  9/10/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,111,593.05 

  	
   

  	
  1

  	
   

  	
  $

  	
  2,222.35 

  	
   

  	
  $

  	
  475,793.49 

  	
   

  	
  $

  	
  8,587,386.54 

  	
   

  
	
  9/10/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  80,000.00 

  	
   

  	
  $

  	
  8,191,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  475,793.49 

  	
   

  	
  $

  	
  8,667,386.54 

  	
   

  
	
  9/15/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,191,593.05 

  	
   

  	
  5

  	
   

  	
  $

  	
  11,221.36 

  	
   

  	
  $

  	
  487,014.85 

  	
   

  	
  $

  	
  8,678,607.90 

  	
   

  
	
  9/15/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  30,000.00 

  	
   

  	
  $

  	
  8,221,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  487,014.85 

  	
   

  	
  $

  	
  8,708,607.90 

  	
   

  
	
  9/18/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,221,593.05 

  	
   

  	
  3

  	
   

  	
  $

  	
  6,757.47 

  	
   

  	
  $

  	
  493,772.33 

  	
   

  	
  $

  	
  8,715,365.38 

  	
   

  

 

1

 

	
  Date

  	
   

  	
  Description

  	
   

  	
  Amount

  	
   

  	
  Principal
  Balance

  	
   

  	
  # Days

  	
   

  	
  10%
  Interest

  	
   

  	
  Accrued
  Interest

  	
   

  	
  Balance

  	
   

  
	
  9/18/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  90,000.00 

  	
   

  	
  $

  	
  8,311,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  493,772.33 

  	
   

  	
  $

  	
  8,805,365.38 

  	
   

  
	
  9/24/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,311,593.05 

  	
   

  	
  6

  	
   

  	
  $

  	
  13,662.89 

  	
   

  	
  $

  	
  507,435.22 

  	
   

  	
  $

  	
  8,819,028.27 

  	
   

  
	
  9/24/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  8,411,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  507,435.22 

  	
   

  	
  $

  	
  8,919,028.27 

  	
   

  
	
  9/26/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,411,593.05 

  	
   

  	
  2

  	
   

  	
  $

  	
  4,609.09 

  	
   

  	
  $

  	
  512,044.31 

  	
   

  	
  $

  	
  8,923,637.36 

  	
   

  
	
  9/26/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  40,000.00 

  	
   

  	
  $

  	
  8,451,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  512,044.31 

  	
   

  	
  $

  	
  8,963,637.36 

  	
   

  
	
  9/30/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,451,593.05 

  	
   

  	
  4

  	
   

  	
  $

  	
  9,262.02 

  	
   

  	
  $

  	
  521,306.33 

  	
   

  	
  $

  	
  8,972,899.38 

  	
   

  
	
  9/30/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  40,000.00 

  	
   

  	
  $

  	
  8,491,593.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  521,306.33 

  	
   

  	
  $

  	
  9,012,899.38 

  	
   

  
	
  10/1/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,491,593.05 

  	
   

  	
  1

  	
   

  	
  $

  	
  2,326.46 

  	
   

  	
  $

  	
  523,632.79 

  	
   

  	
  $

  	
  9,015,225.84 

  	
   

  
	
  10/1/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  43,600.00 

  	
   

  	
  $

  	
  8,535,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  523,632.79 

  	
   

  	
  $

  	
  9,058,825.84 

  	
   

  
	
  10/3/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,535,193.05 

  	
   

  	
  2

  	
   

  	
  $

  	
  4,676.82 

  	
   

  	
  $

  	
  528,309.61 

  	
   

  	
  $

  	
  9,063,502.66 

  	
   

  
	
  10/3/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  90,000.00 

  	
   

  	
  $

  	
  8,625,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  528,309.61 

  	
   

  	
  $

  	
  9,153,502.66 

  	
   

  
	
  10/7/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,625,193.05 

  	
   

  	
  4

  	
   

  	
  $

  	
  9,452.27 

  	
   

  	
  $

  	
  537,761.88 

  	
   

  	
  $

  	
  9,162,954.93 

  	
   

  
	
  10/7/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  20,000.00 

  	
   

  	
  $

  	
  8,645,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  537,761.88 

  	
   

  	
  $

  	
  9,182,954.93 

  	
   

  
	
  10/10/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,645,193.05 

  	
   

  	
  3

  	
   

  	
  $

  	
  7,105.64 

  	
   

  	
  $

  	
  544,867.52 

  	
   

  	
  $

  	
  9,190,060.57 

  	
   

  
	
  10/10/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  40,000.00 

  	
   

  	
  $

  	
  8,685,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  544,867.52 

  	
   

  	
  $

  	
  9,230,060.57 

  	
   

  
	
  10/14/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,685,193.05 

  	
   

  	
  4

  	
   

  	
  $

  	
  9,518.02 

  	
   

  	
  $

  	
  554,385.54 

  	
   

  	
  $

  	
  9,239,578.59 

  	
   

  
	
  10/14/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  50,000.00 

  	
   

  	
  $

  	
  8,735,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  554,385.54 

  	
   

  	
  $

  	
  9,289,578.59 

  	
   

  
	
  10/20/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,735,193.05 

  	
   

  	
  6

  	
   

  	
  $

  	
  14,359.22 

  	
   

  	
  $

  	
  568,744.76 

  	
   

  	
  $

  	
  9,303,937.81 

  	
   

  
	
  10/20/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  50,000.00 

  	
   

  	
  $

  	
  8,785,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  568,744.76 

  	
   

  	
  $

  	
  9,353,937.81 

  	
   

  
	
  10/23/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,785,193.05 

  	
   

  	
  3

  	
   

  	
  $

  	
  7,220.71 

  	
   

  	
  $

  	
  575,965.46 

  	
   

  	
  $

  	
  9,361,158.51 

  	
   

  
	
  10/23/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  75,000.00 

  	
   

  	
  $

  	
  8,860,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  575,965.46 

  	
   

  	
  $

  	
  9,436,158.51 

  	
   

  
	
  10/28/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,860,193.05 

  	
   

  	
  5

  	
   

  	
  $

  	
  12,137.25 

  	
   

  	
  $

  	
  588,102.71 

  	
   

  	
  $

  	
  9,448,295.76 

  	
   

  
	
  10/28/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  45,000.00 

  	
   

  	
  $

  	
  8,905,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  588,102.71 

  	
   

  	
  $

  	
  9,493,295.76 

  	
   

  
	
  10/31/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,905,193.05 

  	
   

  	
  3

  	
   

  	
  $

  	
  7,319.34 

  	
   

  	
  $

  	
  595,422.05 

  	
   

  	
  $

  	
  9,500,615.10 

  	
   

  
	
  10/31/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  90,000.00 

  	
   

  	
  $

  	
  8,995,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  595,422.05 

  	
   

  	
  $

  	
  9,590,615.10 

  	
   

  
	
  11/4/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  8,995,193.05 

  	
   

  	
  4

  	
   

  	
  $

  	
  9,857.75 

  	
   

  	
  $

  	
  605,279.80 

  	
   

  	
  $

  	
  9,600,472.85 

  	
   

  
	
  11/4/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  80,000.00 

  	
   

  	
  $

  	
  9,075,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  605,279.80 

  	
   

  	
  $

  	
  9,680,472.85 

  	
   

  
	
  11/13/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,075,193.05 

  	
   

  	
  9

  	
   

  	
  $

  	
  22,377.19 

  	
   

  	
  $

  	
  627,656.99 

  	
   

  	
  $

  	
  9,702,850.04 

  	
   

  
	
  11/13/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  40,000.00 

  	
   

  	
  $

  	
  9,115,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  627,656.99 

  	
   

  	
  $

  	
  9,742,850.04 

  	
   

  
	
  11/14/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,115,193.05 

  	
   

  	
  1

  	
   

  	
  $

  	
  2,497.31 

  	
   

  	
  $

  	
  630,154.30 

  	
   

  	
  $

  	
  9,745,347.35 

  	
   

  
	
  11/14/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  9,215,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  630,154.30 

  	
   

  	
  $

  	
  9,845,347.35 

  	
   

  
	
  11/26/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,215,193.05 

  	
   

  	
  12

  	
   

  	
  $

  	
  30,296.53 

  	
   

  	
  $

  	
  660,450.82 

  	
   

  	
  $

  	
  9,875,643.87 

  	
   

  
	
  11/26/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  9,315,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  660,450.82 

  	
   

  	
  $

  	
  9,975,643.87 

  	
   

  
	
  11/26/2003

  	
   

  	
  Payment of
  interest

  	
   

  	
  $

  	
  (327,708.64

  	
  )

  	
  $

  	
  9,315,193.05 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  332,742.18 

  	
   

  	
  $

  	
  9,647,935.23 

  	
   

  
	
  11/30/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,315,193.05 

  	
   

  	
  4

  	
   

  	
  $

  	
  10,208.43 

  	
   

  	
  $

  	
  342,950.61 

  	
   

  	
  $

  	
  9,658,143.66 

  	
   

  
	
  12/17/2003

  	
   

  	
  Exercise of
  Warrants

  	
   

  	
  $

  	
  (5,250.75

  	
  )

  	
  $

  	
  9,309,942.30 

  	
   

  	
  17

  	
   

  	
  $

  	
  43,361.38 

  	
   

  	
  $

  	
  386,311.99 

  	
   

  	
  $

  	
  9,696,254.29 

  	
   

  
	
  12/30/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,309,942.30 

  	
   

  	
  13

  	
   

  	
  $

  	
  33,158.70 

  	
   

  	
  $

  	
  419,470.69 

  	
   

  	
  $

  	
  9,729,412.99 

  	
   

  
	
  12/30/2003

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  60,000.00 

  	
   

  	
  $

  	
  9,369,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  419,470.69 

  	
   

  	
  $

  	
  9,789,412.99 

  	
   

  
	
  12/31/2003

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,369,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  2,567.11 

  	
   

  	
  $

  	
  422,037.80 

  	
   

  	
  $

  	
  9,791,980.10 

  	
   

  
	
  1/8/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,369,942.30 

  	
   

  	
  8

  	
   

  	
  $

  	
  20,536.86 

  	
   

  	
  $

  	
  442,574.66 

  	
   

  	
  $

  	
  9,812,516.96 

  	
   

  
	
  1/8/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  16,000.00 

  	
   

  	
  $

  	
  9,385,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  442,574.66 

  	
   

  	
  $

  	
  9,828,516.96 

  	
   

  
	
  1/12/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,385,942.30 

  	
   

  	
  4

  	
   

  	
  $

  	
  10,285.96 

  	
   

  	
  $

  	
  452,860.62 

  	
   

  	
  $

  	
  9,838,802.92 

  	
   

  
	
  1/12/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  70,000.00 

  	
   

  	
  $

  	
  9,455,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  452,860.62 

  	
   

  	
  $

  	
  9,908,802.92 

  	
   

  
	
  1/16/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,455,942.30 

  	
   

  	
  4

  	
   

  	
  $

  	
  10,362.68 

  	
   

  	
  $

  	
  463,223.30 

  	
   

  	
  $

  	
  9,919,165.60 

  	
   

  
	
  1/16/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  9,555,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  463,223.30 

  	
   

  	
  $

  	
  10,019,165.60 

  	
   

  
	
  1/21/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,555,942.30 

  	
   

  	
  5

  	
   

  	
  $

  	
  13,090.33 

  	
   

  	
  $

  	
  476,313.63 

  	
   

  	
  $

  	
  10,032,255.93 

  	
   

  
	
  1/21/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  15,000.00 

  	
   

  	
  $

  	
  9,570,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  476,313.63 

  	
   

  	
  $

  	
  10,047,255.93 

  	
   

  
	
  1/23/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,570,942.30 

  	
   

  	
  2

  	
   

  	
  $

  	
  5,244.35 

  	
   

  	
  $

  	
  481,557.98 

  	
   

  	
  $

  	
  10,052,500.28 

  	
   

  
	
  1/23/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  30,000.00 

  	
   

  	
  $

  	
  9,600,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  481,557.98 

  	
   

  	
  $

  	
  10,082,500.28 

  	
   

  
	
  1/29/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,600,942.30 

  	
   

  	
  6

  	
   

  	
  $

  	
  15,782.37 

  	
   

  	
  $

  	
  497,340.35 

  	
   

  	
  $

  	
  10,098,282.65 

  	
   

  
	
  1/29/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  12,000.00 

  	
   

  	
  $

  	
  9,612,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  497,340.35 

  	
   

  	
  $

  	
  10,110,282.65 

  	
   

  
	
  1/29/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  15,000.00 

  	
   

  	
  $

  	
  9,627,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  497,340.35 

  	
   

  	
  $

  	
  10,125,282.65 

  	
   

  
	
  1/30/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,627,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  2,637.79 

  	
   

  	
  $

  	
  499,978.14 

  	
   

  	
  $

  	
  10,127,920.44 

  	
   

  
	
  1/30/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  10,000.00 

  	
   

  	
  $

  	
  9,637,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  499,978.14 

  	
   

  	
  $

  	
  10,137,920.44 

  	
   

  
	
  1/31/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,637,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  2,640.53 

  	
   

  	
  $

  	
  502,618.68 

  	
   

  	
  $

  	
  10,140,560.98 

  	
   

  
	
  2/2/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,637,942.30 

  	
   

  	
  2

  	
   

  	
  $

  	
  5,281.06 

  	
   

  	
  $

  	
  507,899.74 

  	
   

  	
  $

  	
  10,145,842.04 

  	
   

  
	
  2/2/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  9,000.00 

  	
   

  	
  $

  	
  9,646,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  507,899.74 

  	
   

  	
  $

  	
  10,154,842.04 

  	
   

  
	
  2/3/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  9,646,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  2,643.00 

  	
   

  	
  $

  	
  510,542.74 

  	
   

  	
  $

  	
  10,157,485.04 

  	
   

  
	
  2/3/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  10,046,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  510,542.74 

  	
   

  	
  $

  	
  10,557,485.04 

  	
   

  
	
  2/4/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  10,046,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  2,752.59 

  	
   

  	
  $

  	
  513,295.32 

  	
   

  	
  $

  	
  10,560,237.62 

  	
   

  
	
  2/4/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  10,446,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  513,295.32 

  	
   

  	
  $

  	
  10,960,237.62 

  	
   

  
	
  2/11/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  10,446,942.30 

  	
   

  	
  7

  	
   

  	
  $

  	
  20,035.23 

  	
   

  	
  $

  	
  533,330.56 

  	
   

  	
  $

  	
  10,980,272.86 

  	
   

  
	
  2/11/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  10,596,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  533,330.56 

  	
   

  	
  $

  	
  11,130,272.86 

  	
   

  

 

2

 

	
  Date

  	
   

  	
  Description

  	
   

  	
  Amount

  	
   

  	
  Principal
  Balance

  	
   

  	
  # Days

  	
   

  	
  10%
  Interest

  	
   

  	
  Accrued
  Interest

  	
   

  	
  Balance

  	
   

  
	
  2/13/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  10,596,942.30 

  	
   

  	
  2

  	
   

  	
  $

  	
  5,806.54 

  	
   

  	
  $

  	
  539,137.10 

  	
   

  	
  $

  	
  11,136,079.40 

  	
   

  
	
  2/13/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  10,696,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  539,137.10 

  	
   

  	
  $

  	
  11,236,079.40 

  	
   

  
	
  2/19/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  10,696,942.30 

  	
   

  	
  6

  	
   

  	
  $

  	
  17,584.01 

  	
   

  	
  $

  	
  556,721.12 

  	
   

  	
  $

  	
  11,253,663.42 

  	
   

  
	
  2/19/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  300,000.00 

  	
   

  	
  $

  	
  10,996,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  556,721.12 

  	
   

  	
  $

  	
  11,553,663.42 

  	
   

  
	
  2/24/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  10,996,942.30 

  	
   

  	
  5

  	
   

  	
  $

  	
  15,064.30 

  	
   

  	
  $

  	
  571,785.42 

  	
   

  	
  $

  	
  11,568,727.72 

  	
   

  
	
  2/24/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  11,196,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  571,785.42 

  	
   

  	
  $

  	
  11,768,727.72 

  	
   

  
	
  2/29/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,196,942.30 

  	
   

  	
  5

  	
   

  	
  $

  	
  15,338.28 

  	
   

  	
  $

  	
  587,123.70 

  	
   

  	
  $

  	
  11,784,066.00 

  	
   

  
	
  3/1/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,196,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  3,067.66 

  	
   

  	
  $

  	
  590,191.35 

  	
   

  	
  $

  	
  11,787,133.65 

  	
   

  
	
  3/1/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  11,346,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  590,191.35 

  	
   

  	
  $

  	
  11,937,133.65 

  	
   

  
	
  3/2/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,346,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  3,108.75 

  	
   

  	
  $

  	
  593,300.10 

  	
   

  	
  $

  	
  11,940,242.40 

  	
   

  
	
  3/2/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  11,446,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  593,300.10 

  	
   

  	
  $

  	
  12,040,242.40 

  	
   

  
	
  3/3/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,446,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  3,136.15 

  	
   

  	
  $

  	
  596,436.25 

  	
   

  	
  $

  	
  12,043,378.55 

  	
   

  
	
  3/3/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  50,000.00 

  	
   

  	
  $

  	
  11,496,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  596,436.25 

  	
   

  	
  $

  	
  12,093,378.55 

  	
   

  
	
  3/5/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,496,942.30 

  	
   

  	
  2

  	
   

  	
  $

  	
  6,299.69 

  	
   

  	
  $

  	
  602,735.95 

  	
   

  	
  $

  	
  12,099,678.25 

  	
   

  
	
  3/5/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  70,000.00 

  	
   

  	
  $

  	
  11,566,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  602,735.95 

  	
   

  	
  $

  	
  12,169,678.25 

  	
   

  
	
  3/12/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,566,942.30 

  	
   

  	
  7

  	
   

  	
  $

  	
  22,183.18 

  	
   

  	
  $

  	
  624,919.12 

  	
   

  	
  $

  	
  12,191,861.42 

  	
   

  
	
  3/12/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  11,666,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  624,919.12 

  	
   

  	
  $

  	
  12,291,861.42 

  	
   

  
	
  3/19/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,666,942.30 

  	
   

  	
  7

  	
   

  	
  $

  	
  22,374.96 

  	
   

  	
  $

  	
  647,294.08 

  	
   

  	
  $

  	
  12,314,236.38 

  	
   

  
	
  3/19/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  130,000.00 

  	
   

  	
  $

  	
  11,796,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  647,294.08 

  	
   

  	
  $

  	
  12,444,236.38 

  	
   

  
	
  3/26/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,796,942.30 

  	
   

  	
  7

  	
   

  	
  $

  	
  22,624.27 

  	
   

  	
  $

  	
  669,918.35 

  	
   

  	
  $

  	
  12,466,860.65 

  	
   

  
	
  3/26/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  11,896,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  669,918.35 

  	
   

  	
  $

  	
  12,566,860.65 

  	
   

  
	
  3/31/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,896,942.30 

  	
   

  	
  5

  	
   

  	
  $

  	
  16,297.18 

  	
   

  	
  $

  	
  686,215.54 

  	
   

  	
  $

  	
  12,583,157.84 

  	
   

  
	
  4/1/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,896,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  3,259.44 

  	
   

  	
  $

  	
  689,474.97 

  	
   

  	
  $

  	
  12,586,417.27 

  	
   

  
	
  4/1/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  90,000.00 

  	
   

  	
  $

  	
  11,986,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  689,474.97 

  	
   

  	
  $

  	
  12,676,417.27 

  	
   

  
	
  4/2/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  11,986,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  3,284.09 

  	
   

  	
  $

  	
  692,759.07 

  	
   

  	
  $

  	
  12,679,701.37 

  	
   

  
	
  4/2/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  120,000.00 

  	
   

  	
  $

  	
  12,106,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  692,759.07 

  	
   

  	
  $

  	
  12,799,701.37 

  	
   

  
	
  4/12/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  12,106,942.30 

  	
   

  	
  10

  	
   

  	
  $

  	
  33,169.70 

  	
   

  	
  $

  	
  725,928.77 

  	
   

  	
  $

  	
  12,832,871.07 

  	
   

  
	
  4/12/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  145,000.00 

  	
   

  	
  $

  	
  12,251,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  725,928.77 

  	
   

  	
  $

  	
  12,977,871.07 

  	
   

  
	
  4/12/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  12,651,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  725,928.77 

  	
   

  	
  $

  	
  13,377,871.07 

  	
   

  
	
  4/16/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  12,651,942.30 

  	
   

  	
  4

  	
   

  	
  $

  	
  13,865.14 

  	
   

  	
  $

  	
  739,793.91 

  	
   

  	
  $

  	
  13,391,736.21 

  	
   

  
	
  4/16/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  13,051,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  739,793.91 

  	
   

  	
  $

  	
  13,791,736.21 

  	
   

  
	
  4/23/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,051,942.30 

  	
   

  	
  7

  	
   

  	
  $

  	
  25,031.12 

  	
   

  	
  $

  	
  764,825.03 

  	
   

  	
  $

  	
  13,816,767.33 

  	
   

  
	
  4/23/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  13,151,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  764,825.03 

  	
   

  	
  $

  	
  13,916,767.33 

  	
   

  
	
  4/28/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,151,942.30 

  	
   

  	
  5

  	
   

  	
  $

  	
  18,016.36 

  	
   

  	
  $

  	
  782,841.39 

  	
   

  	
  $

  	
  13,934,783.69 

  	
   

  
	
  4/28/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  20,000.00 

  	
   

  	
  $

  	
  13,171,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  782,841.39 

  	
   

  	
  $

  	
  13,954,783.69 

  	
   

  
	
  4/29/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,171,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  3,608.75 

  	
   

  	
  $

  	
  786,450.15 

  	
   

  	
  $

  	
  13,958,392.45 

  	
   

  
	
  4/29/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  40,000.00 

  	
   

  	
  $

  	
  13,211,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  786,450.15 

  	
   

  	
  $

  	
  13,998,392.45 

  	
   

  
	
  4/30/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,211,942.30 

  	
   

  	
  1

  	
   

  	
  $

  	
  3,619.71 

  	
   

  	
  $

  	
  790,069.86 

  	
   

  	
  $

  	
  14,002,012.16 

  	
   

  
	
  5/4/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,211,942.30 

  	
   

  	
  4

  	
   

  	
  $

  	
  14,478.84 

  	
   

  	
  $

  	
  804,548.70 

  	
   

  	
  $

  	
  14,016,491.00 

  	
   

  
	
  5/4/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  30,000.00 

  	
   

  	
  $

  	
  13,241,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  804,548.70 

  	
   

  	
  $

  	
  14,046,491.00 

  	
   

  
	
  5/12/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,241,942.30 

  	
   

  	
  8

  	
   

  	
  $

  	
  29,023.44 

  	
   

  	
  $

  	
  833,572.13 

  	
   

  	
  $

  	
  14,075,514.43 

  	
   

  
	
  5/12/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  20,000.00 

  	
   

  	
  $

  	
  13,261,942.30 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  833,572.13 

  	
   

  	
  $

  	
  14,095,514.43 

  	
   

  
	
  5/12/2004

  	
   

  	
  Options Excersied
  - DKM

  	
   

  	
  $

  	
  (12,426.80

  	
  )

  	
  $

  	
  13,249,515.50 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  833,572.13 

  	
   

  	
  $

  	
  14,083,087.63 

  	
   

  
	
  5/12/2004

  	
   

  	
  Options Excersied
  - DKM

  	
   

  	
  $

  	
  (193,579.08

  	
  )

  	
  $

  	
  13,055,936.42 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  833,572.13 

  	
   

  	
  $

  	
  13,889,508.55 

  	
   

  
	
  5/12/2004

  	
   

  	
  Options Excersied
  - JJM

  	
   

  	
  $

  	
  (7,456.08

  	
  )

  	
  $

  	
  13,048,480.34 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  833,572.13 

  	
   

  	
  $

  	
  13,882,052.47 

  	
   

  
	
  5/12/2004

  	
   

  	
  Options Excersied
  - JJM

  	
   

  	
  $

  	
  (193,579.08

  	
  )

  	
  $

  	
  12,854,901.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  833,572.13 

  	
   

  	
  $

  	
  13,688,473.39 

  	
   

  
	
  5/20/2004

  	
   

  	
  Payment of
  interest

  	
   

  	
  $

  	
  (350,000.00

  	
  )

  	
  $

  	
  12,854,901.26 

  	
   

  	
  8

  	
   

  	
  $

  	
  28,175.13 

  	
   

  	
  $

  	
  511,747.26 

  	
   

  	
  $

  	
  13,366,648.52 

  	
   

  
	
  5/31/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  12,854,901.26 

  	
   

  	
  11

  	
   

  	
  $

  	
  38,740.80 

  	
   

  	
  $

  	
  550,488.06 

  	
   

  	
  $

  	
  13,405,389.32 

  	
   

  
	
  6/10/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  12,854,901.26 

  	
   

  	
  10

  	
   

  	
  $

  	
  35,218.91 

  	
   

  	
  $

  	
  585,706.96 

  	
   

  	
  $

  	
  13,440,608.22 

  	
   

  
	
  6/10/2004

  	
   

  	
  Payment of
  interest

  	
   

  	
  $

  	
  (150,000.00

  	
  )

  	
  $

  	
  12,854,901.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  435,706.96 

  	
   

  	
  $

  	
  13,290,608.22 

  	
   

  
	
  6/11/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  12,854,901.26 

  	
   

  	
  1

  	
   

  	
  $

  	
  3,521.89 

  	
   

  	
  $

  	
  439,228.85 

  	
   

  	
  $

  	
  13,294,130.11 

  	
   

  
	
  6/11/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  13,054,901.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  439,228.85 

  	
   

  	
  $

  	
  13,494,130.11 

  	
   

  
	
  6/16/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,054,901.26 

  	
   

  	
  5

  	
   

  	
  $

  	
  17,883.43 

  	
   

  	
  $

  	
  457,112.28 

  	
   

  	
  $

  	
  13,512,013.54 

  	
   

  
	
  6/16/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  13,204,901.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  457,112.28 

  	
   

  	
  $

  	
  13,662,013.54 

  	
   

  
	
  6/22/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,204,901.26 

  	
   

  	
  6

  	
   

  	
  $

  	
  21,706.69 

  	
   

  	
  $

  	
  478,818.97 

  	
   

  	
  $

  	
  13,683,720.23 

  	
   

  
	
  6/22/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  16,500.00 

  	
   

  	
  $

  	
  13,221,401.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  478,818.97 

  	
   

  	
  $

  	
  13,700,220.23 

  	
   

  
	
  6/24/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,221,401.26 

  	
   

  	
  2

  	
   

  	
  $

  	
  7,244.60 

  	
   

  	
  $

  	
  486,063.57 

  	
   

  	
  $

  	
  13,707,464.83 

  	
   

  
	
  6/24/2004

  	
   

  	
  Deposit to Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  13,321,401.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  486,063.57 

  	
   

  	
  $

  	
  13,807,464.83 

  	
   

  
	
  6/30/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  13,321,401.26 

  	
   

  	
  6

  	
   

  	
  $

  	
  21,898.19 

  	
   

  	
  $

  	
  507,961.77 

  	
   

  	
  $

  	
  13,829,363.03 

  	
   

  
	
  6/30/2004

  	
   

  	
  Wire transfer for
  Medicor

  	
   

  	
  $

  	
  26,000,000.00 

  	
   

  	
  $

  	
  39,321,401.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  507,961.77 

  	
   

  	
  $

  	
  39,829,363.03 

  	
   

  
	
  6/30/2004

  	
   

  	
  Conversion to
  Preferred Stock

  	
   

  	
  $

  	
  (5,005,000.00

  	
  )

  	
  $

  	
  34,316,401.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  507,961.77 

  	
   

  	
  $

  	
  34,824,363.03 

  	
   

  
	
  7/1/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  34,316,401.26 

  	
   

  	
  1

  	
   

  	
  $

  	
  9,401.75 

  	
   

  	
  $

  	
  517,363.52 

  	
   

  	
  $

  	
  34,833,764.78 

  	
   

  
	
  7/1/2004

  	
   

  	
  Wire transfer for
  Medicor

  	
   

  	
  $

  	
  7,000,000.00 

  	
   

  	
  $

  	
  41,316,401.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  517,363.52 

  	
   

  	
  $

  	
  41,833,764.78 

  	
   

  

 

3

 

	
  Date

  	
   

  	
  Description

  	
   

  	
  Amount

  	
   

  	
  Principal
  Balance

  	
   

  	
  # Days

  	
   

  	
  10%
  Interest

  	
   

  	
  Accrued
  Interest

  	
   

  	
  Balance

  	
   

  
	
  7/2/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  41,316,401.26 

  	
   

  	
  1

  	
   

  	
  $

  	
  11,319.56 

  	
   

  	
  $

  	
  528,683.08 

  	
   

  	
  $

  	
  41,845,084.34 

  	
   

  
	
  7/2/2004

  	
   

  	
  Wire transfer for
  Medicor

  	
   

  	
  $

  	
  4,000,000.00 

  	
   

  	
  $

  	
  45,316,401.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  528,683.08 

  	
   

  	
  $

  	
  45,845,084.34 

  	
   

  
	
  7/7/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  45,316,401.26 

  	
   

  	
  5

  	
   

  	
  $

  	
  62,077.26 

  	
   

  	
  $

  	
  590,760.34 

  	
   

  	
  $

  	
  45,907,161.60 

  	
   

  
	
  7/7/2004

  	
   

  	
  Wire transfer to
  Medicor

  	
   

  	
  $

  	
  3,400,000.00 

  	
   

  	
  $

  	
  48,716,401.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  590,760.34 

  	
   

  	
  $

  	
  49,307,161.60 

  	
   

  
	
  7/9/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  48,716,401.26 

  	
   

  	
  2

  	
   

  	
  $

  	
  26,693.92 

  	
   

  	
  $

  	
  617,454.26 

  	
   

  	
  $

  	
  49,333,855.52 

  	
   

  
	
  7/9/2004

  	
   

  	
  Payment of
  interest

  	
   

  	
  $

  	
  (564,248.01

  	
  )

  	
  $

  	
  48,716,401.26 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  53,206.25 

  	
   

  	
  $

  	
  48,769,607.51 

  	
   

  
	
  7/9/2004

  	
   

  	
  Payment of
  principal

  	
   

  	
  $

  	
  (435,751.99

  	
  )

  	
  $

  	
  48,280,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  53,206.25 

  	
   

  	
  $

  	
  48,333,855.52 

  	
   

  
	
  7/31/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  48,280,649.27 

  	
   

  	
  22

  	
   

  	
  $

  	
  291,006.65 

  	
   

  	
  $

  	
  344,212.90 

  	
   

  	
  $

  	
  48,624,862.17 

  	
   

  
	
  8/31/2004

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  48,280,649.27 

  	
   

  	
  31

  	
   

  	
  $

  	
  410,054.83 

  	
   

  	
  $

  	
  754,267.73 

  	
   

  	
  $

  	
  49,034,917.00 

  	
   

  
	
  9/21/2004

  	
   

  	
  Payment of
  interest

  	
   

  	
  $

  	
  (754,267.00

  	
  )

  	
  $

  	
  48,280,649.27 

  	
   

  	
  21

  	
   

  	
  $

  	
  277,779.08 

  	
   

  	
  $

  	
  277,779.81 

  	
   

  	
  $

  	
  48,558,429.08 

  	
   

  
	
  9/21/2004

  	
   

  	
  Payment of
  principal

  	
   

  	
  $

  	
  (5,000,000.00

  	
  )

  	
  $

  	
  43,280,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  277,779.81 

  	
   

  	
  $

  	
  43,558,429.08 

  	
   

  
	
  9/30/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  43,280,649.27 

  	
   

  	
  9

  	
   

  	
  $

  	
  106,719.41 

  	
   

  	
  $

  	
  384,499.22 

  	
   

  	
  $

  	
  43,665,148.49 

  	
   

  
	
  10/29/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  43,280,649.27 

  	
   

  	
  29

  	
   

  	
  $

  	
  343,873.65 

  	
   

  	
  $

  	
  728,372.87 

  	
   

  	
  $

  	
  44,009,022.14 

  	
   

  
	
  10/29/2004

  	
   

  	
  Payment of
  interest

  	
   

  	
  $

  	
  (200,000.00

  	
  )

  	
  $

  	
  43,280,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  528,372.87 

  	
   

  	
  $

  	
  43,809,022.14 

  	
   

  
	
  10/31/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  43,280,649.27 

  	
   

  	
  2

  	
   

  	
  $

  	
  23,715.42 

  	
   

  	
  $

  	
  552,088.30 

  	
   

  	
  $

  	
  43,832,737.57 

  	
   

  
	
  11/18/2004

  	
   

  	
  Wire transfer to
  Medicor

  	
   

  	
  $

  	
  300,000.00 

  	
   

  	
  $

  	
  43,580,649.27 

  	
   

  	
  18

  	
   

  	
  $

  	
  214,918.27 

  	
   

  	
  $

  	
  767,006.57 

  	
   

  	
  $

  	
  44,347,655.84 

  	
   

  
	
  11/30/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  43,580,649.27 

  	
   

  	
  12

  	
   

  	
  $

  	
  143,278.85 

  	
   

  	
  $

  	
  910,285.41 

  	
   

  	
  $

  	
  44,490,934.68 

  	
   

  
	
  12/3/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  43,580,649.27 

  	
   

  	
  3

  	
   

  	
  $

  	
  35,819.71 

  	
   

  	
  $

  	
  946,105.13 

  	
   

  	
  $

  	
  44,526,754.40 

  	
   

  
	
  12/3/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  43,680,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  946,105.13 

  	
   

  	
  $

  	
  44,626,754.40 

  	
   

  
	
  12/8/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  43,680,649.27 

  	
   

  	
  5

  	
   

  	
  $

  	
  59,836.51 

  	
   

  	
  $

  	
  1,005,941.63 

  	
   

  	
  $

  	
  44,686,590.90 

  	
   

  
	
  12/8/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  43,880,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,005,941.63 

  	
   

  	
  $

  	
  44,886,590.90 

  	
   

  
	
  12/10/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  43,880,649.27 

  	
   

  	
  2

  	
   

  	
  $

  	
  24,044.19 

  	
   

  	
  $

  	
  1,029,985.82 

  	
   

  	
  $

  	
  44,910,635.09 

  	
   

  
	
  12/10/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  44,030,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,029,985.82 

  	
   

  	
  $

  	
  45,060,635.09 

  	
   

  
	
  12/23/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  44,030,649.27 

  	
   

  	
  13

  	
   

  	
  $

  	
  156,821.49 

  	
   

  	
  $

  	
  1,186,807.31 

  	
   

  	
  $

  	
  45,217,456.58 

  	
   

  
	
  12/23/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  20,000.00 

  	
   

  	
  $

  	
  44,050,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,186,807.31 

  	
   

  	
  $

  	
  45,237,456.58 

  	
   

  
	
  12/29/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  44,050,649.27 

  	
   

  	
  6

  	
   

  	
  $

  	
  72,412.03 

  	
   

  	
  $

  	
  1,259,219.34 

  	
   

  	
  $

  	
  45,309,868.61 

  	
   

  
	
  12/29/2004

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  50,000.00 

  	
   

  	
  $

  	
  44,100,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,259,219.34 

  	
   

  	
  $

  	
  45,359,868.61 

  	
   

  
	
  12/31/2004

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  44,100,649.27 

  	
   

  	
  2

  	
   

  	
  $

  	
  24,164.74 

  	
   

  	
  $

  	
  1,283,384.08 

  	
   

  	
  $

  	
  45,384,033.35 

  	
   

  
	
  1/11/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  44,100,649.27 

  	
   

  	
  11

  	
   

  	
  $

  	
  132,906.07 

  	
   

  	
  $

  	
  1,416,290.15 

  	
   

  	
  $

  	
  45,516,939.42 

  	
   

  
	
  1/11/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  44,300,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,416,290.15 

  	
   

  	
  $

  	
  45,716,939.42 

  	
   

  
	
  1/21/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  44,300,649.27 

  	
   

  	
  10

  	
   

  	
  $

  	
  121,371.64 

  	
   

  	
  $

  	
  1,537,661.79 

  	
   

  	
  $

  	
  45,838,311.06 

  	
   

  
	
  1/21/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  44,500,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,537,661.79 

  	
   

  	
  $

  	
  46,038,311.06 

  	
   

  
	
  1/31/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  44,500,649.27 

  	
   

  	
  10

  	
   

  	
  $

  	
  121,919.59 

  	
   

  	
  $

  	
  1,659,581.37 

  	
   

  	
  $

  	
  46,160,230.64 

  	
   

  
	
  1/31/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  250,000.00 

  	
   

  	
  $

  	
  44,750,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,659,581.37 

  	
   

  	
  $

  	
  46,410,230.64 

  	
   

  
	
  2/7/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  44,750,649.27 

  	
   

  	
  7

  	
   

  	
  $

  	
  85,823.16 

  	
   

  	
  $

  	
  1,745,404.54 

  	
   

  	
  $

  	
  46,496,053.81 

  	
   

  
	
  2/7/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  220,000.00 

  	
   

  	
  $

  	
  44,970,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,745,404.54 

  	
   

  	
  $

  	
  46,716,053.81 

  	
   

  
	
  2/11/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  44,970,649.27 

  	
   

  	
  4

  	
   

  	
  $

  	
  49,282.90 

  	
   

  	
  $

  	
  1,794,687.44 

  	
   

  	
  $

  	
  46,765,336.71 

  	
   

  
	
  2/11/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  900,000.00 

  	
   

  	
  $

  	
  45,870,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  1,794,687.44 

  	
   

  	
  $

  	
  47,665,336.71 

  	
   

  
	
  2/28/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  45,870,649.27 

  	
   

  	
  17

  	
   

  	
  $

  	
  213,644.12 

  	
   

  	
  $

  	
  2,008,331.56 

  	
   

  	
  $

  	
  47,878,980.83 

  	
   

  
	
  3/1/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  45,870,649.27 

  	
   

  	
  1

  	
   

  	
  $

  	
  12,567.30 

  	
   

  	
  $

  	
  2,020,898.86 

  	
   

  	
  $

  	
  47,891,548.13 

  	
   

  
	
  3/1/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  46,270,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,020,898.86 

  	
   

  	
  $

  	
  48,291,548.13 

  	
   

  
	
  3/18/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  46,270,649.27 

  	
   

  	
  17

  	
   

  	
  $

  	
  215,507.13 

  	
   

  	
  $

  	
  2,236,406.00 

  	
   

  	
  $

  	
  48,507,055.27 

  	
   

  
	
  3/18/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  500,000.00 

  	
   

  	
  $

  	
  46,770,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,236,406.00 

  	
   

  	
  $

  	
  49,007,055.27 

  	
   

  
	
  3/21/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  46,770,649.27 

  	
   

  	
  3

  	
   

  	
  $

  	
  38,441.63 

  	
   

  	
  $

  	
  2,274,847.63 

  	
   

  	
  $

  	
  49,045,496.90 

  	
   

  
	
  3/31/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  46,770,649.27 

  	
   

  	
  10

  	
   

  	
  $

  	
  128,138.77 

  	
   

  	
  $

  	
  2,402,986.39 

  	
   

  	
  $

  	
  49,173,635.66 

  	
   

  
	
  4/5/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  46,770,649.27 

  	
   

  	
  5

  	
   

  	
  $

  	
  64,069.38 

  	
   

  	
  $

  	
  2,467,055.77 

  	
   

  	
  $

  	
  49,237,705.04 

  	
   

  
	
  4/5/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  46,970,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,467,055.77 

  	
   

  	
  $

  	
  49,437,705.04 

  	
   

  
	
  4/7/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  46,970,649.27 

  	
   

  	
  2

  	
   

  	
  $

  	
  25,737.34 

  	
   

  	
  $

  	
  2,492,793.11 

  	
   

  	
  $

  	
  49,463,442.38 

  	
   

  
	
  4/7/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  47,170,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,492,793.11 

  	
   

  	
  $

  	
  49,663,442.38 

  	
   

  
	
  4/12/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  47,170,649.27 

  	
   

  	
  5

  	
   

  	
  $

  	
  64,617.33 

  	
   

  	
  $

  	
  2,557,410.44 

  	
   

  	
  $

  	
  49,728,059.71 

  	
   

  
	
  4/12/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  47,570,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,557,410.44 

  	
   

  	
  $

  	
  50,128,059.71 

  	
   

  
	
  4/21/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  47,570,649.27 

  	
   

  	
  9

  	
   

  	
  $

  	
  117,297.49 

  	
   

  	
  $

  	
  2,674,707.93 

  	
   

  	
  $

  	
  50,245,357.20 

  	
   

  
	
  4/21/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  300,000.00 

  	
   

  	
  $

  	
  47,870,649.27 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,674,707.93 

  	
   

  	
  $

  	
  50,545,357.20 

  	
   

  
	
  4/22/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  47,870,649.27 

  	
   

  	
  1

  	
   

  	
  $

  	
  13,115.25 

  	
   

  	
  $

  	
  2,687,823.18 

  	
   

  	
  $

  	
  50,558,472.45 

  	
   

  
	
  4/22/2005

  	
   

  	
  Warrant Exercised
  - NMP

  	
   

  	
  $

  	
  (5,002.27

  	
  )

  	
  $

  	
  47,865,647.00 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,687,823.18 

  	
   

  	
  $

  	
  50,553,470.18 

  	
   

  
	
  4/22/2005

  	
   

  	
  Options Exercised
  - JJM

  	
   

  	
  $

  	
  (45,000.00

  	
  )

  	
  $

  	
  47,820,647.00 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,687,823.18 

  	
   

  	
  $

  	
  50,508,470.18 

  	
   

  
	
  4/22/2005

  	
   

  	
  Options Exercised
  - JJM

  	
   

  	
  $

  	
  (193,579.08

  	
  )

  	
  $

  	
  47,627,067.92 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,687,823.18 

  	
   

  	
  $

  	
  50,314,891.10 

  	
   

  
	
  4/22/2005

  	
   

  	
  Options Exercised
  - DKM

  	
   

  	
  $

  	
  (193,579.08

  	
  )

  	
  $

  	
  47,433,488.84 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,687,823.18 

  	
   

  	
  $

  	
  50,121,312.02 

  	
   

  
	
  4/29/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  47,433,488.84 

  	
   

  	
  7

  	
   

  	
  $

  	
  90,968.33 

  	
   

  	
  $

  	
  2,778,791.52 

  	
   

  	
  $

  	
  50,212,280.36 

  	
   

  
	
  4/29/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  47,583,488.84 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,778,791.52 

  	
   

  	
  $

  	
  50,362,280.36 

  	
   

  
	
  4/30/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  47,583,488.84 

  	
   

  	
  1

  	
   

  	
  $

  	
  13,036.57 

  	
   

  	
  $

  	
  2,791,828.09 

  	
   

  	
  $

  	
  50,375,316.93 

  	
   

  
	
  5/4/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  47,583,488.84 

  	
   

  	
  4

  	
   

  	
  $

  	
  52,146.29 

  	
   

  	
  $

  	
  2,843,974.38 

  	
   

  	
  $

  	
  50,427,463.22 

  	
   

  
	
  5/4/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  47,783,488.84 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,843,974.38 

  	
   

  	
  $

  	
  50,627,463.22 

  	
   

  

 

4

 

	
  Date

  	
   

  	
  Description

  	
   

  	
  Amount

  	
   

  	
  Principal
  Balance

  	
   

  	
  # Days

  	
   

  	
  10%
  Interest

  	
   

  	
  Accrued
  Interest

  	
   

  	
  Balance

  	
   

  
	
  5/10/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  47,783,488.84 

  	
   

  	
  6

  	
   

  	
  $

  	
  78,548.20 

  	
   

  	
  $

  	
  2,922,522.58 

  	
   

  	
  $

  	
  50,706,011.42 

  	
   

  
	
  5/10/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  47,883,488.84 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,922,522.58 

  	
   

  	
  $

  	
  50,806,011.42 

  	
   

  
	
  5/13/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  47,883,488.84 

  	
   

  	
  3

  	
   

  	
  $

  	
  39,356.29 

  	
   

  	
  $

  	
  2,961,878.87 

  	
   

  	
  $

  	
  50,845,367.71 

  	
   

  
	
  5/13/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  300,000.00 

  	
   

  	
  $

  	
  48,183,488.84 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  2,961,878.87 

  	
   

  	
  $

  	
  51,145,367.71 

  	
   

  
	
  5/27/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  48,183,488.84 

  	
   

  	
  14

  	
   

  	
  $

  	
  184,813.38 

  	
   

  	
  $

  	
  3,146,692.25 

  	
   

  	
  $

  	
  51,330,181.09 

  	
   

  
	
  5/27/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  500,000.00 

  	
   

  	
  $

  	
  48,683,488.84 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  3,146,692.25 

  	
   

  	
  $

  	
  51,830,181.09 

  	
   

  
	
  5/31/2005

  	
   

  	
  Interest

  	
   

  	
   

  	
   

  	
  $

  	
  48,683,488.84 

  	
   

  	
  4

  	
   

  	
  $

  	
  53,351.77 

  	
   

  	
  $

  	
  3,200,044.02 

  	
   

  	
  $

  	
  51,883,532.86 

  	
   

  
	
  5/31/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  500,000.00 

  	
   

  	
  $

  	
  49,183,488.84 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  3,200,044.02 

  	
   

  	
  $

  	
  52,383,532.86 

  	
   

  
	
  6/17/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  350,000.00 

  	
   

  	
  $

  	
  49,533,488.84 

  	
   

  	
  17

  	
   

  	
  $

  	
  230,703.92 

  	
   

  	
  $

  	
  3,430,747.94 

  	
   

  	
  $

  	
  52,964,236.78 

  	
   

  
	
  6/23/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  500,000.00 

  	
   

  	
  $

  	
  50,033,488.84 

  	
   

  	
  6

  	
   

  	
  $

  	
  82,246.83 

  	
   

  	
  $

  	
  3,512,994.77 

  	
   

  	
  $

  	
  53,546,483.61 

  	
   

  
	
  6/30/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  500,000.00 

  	
   

  	
  $

  	
  50,533,488.84 

  	
   

  	
  7

  	
   

  	
  $

  	
  96,913.54 

  	
   

  	
  $

  	
  3,609,908.31 

  	
   

  	
  $

  	
  54,143,397.15 

  	
   

  
	
  7/12/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  50,733,488.84 

  	
   

  	
  12

  	
   

  	
  $

  	
  166,795.03 

  	
   

  	
  $

  	
  3,776,703.34 

  	
   

  	
  $

  	
  54,510,192.18 

  	
   

  
	
  7/22/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  50,933,488.84 

  	
   

  	
  10

  	
   

  	
  $

  	
  139,543.81 

  	
   

  	
  $

  	
  3,916,247.15 

  	
   

  	
  $

  	
  54,849,735.99 

  	
   

  
	
  7/27/2005

  	
   

  	
  Deposit to Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  51,133,488.84 

  	
   

  	
  5

  	
   

  	
  $

  	
  70,045.88 

  	
   

  	
  $

  	
  3,986,293.02 

  	
   

  	
  $

  	
  55,119,781.86 

  	
   

  
	
  7/31/2005

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  51,133,488.84 

  	
   

  	
  4

  	
   

  	
  $

  	
  56,036.70 

  	
   

  	
  $

  	
  4,042,329.72 

  	
   

  	
  $

  	
  55,175,818.56 

  	
   

  
	
  8/3/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  51,233,488.84 

  	
   

  	
  3

  	
   

  	
  $

  	
  42,109.72 

  	
   

  	
  $

  	
  4,084,439.44 

  	
   

  	
  $

  	
  55,317,928.28 

  	
   

  
	
  8/8/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  51,433,488.84 

  	
   

  	
  5

  	
   

  	
  $

  	
  70,456.83 

  	
   

  	
  $

  	
  4,154,896.27 

  	
   

  	
  $

  	
  55,588,385.11 

  	
   

  
	
  8/9/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  300,000.00 

  	
   

  	
  $

  	
  51,733,488.84 

  	
   

  	
  1

  	
   

  	
  $

  	
  14,173.56 

  	
   

  	
  $

  	
  4,169,069.83 

  	
   

  	
  $

  	
  55,902,558.67 

  	
   

  
	
  8/12/2005

  	
   

  	
  Payment of
  interest

  	
   

  	
  $

  	
  (100,000.00

  	
  )

  	
  $

  	
  51,733,488.84 

  	
   

  	
  3

  	
   

  	
  $

  	
  42,520.68 

  	
   

  	
  $

  	
  4,111,590.51 

  	
   

  	
  $

  	
  55,845,079.35 

  	
   

  
	
  8/16/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  500,000.00 

  	
   

  	
  $

  	
  52,233,488.84 

  	
   

  	
  4

  	
   

  	
  $

  	
  57,242.18 

  	
   

  	
  $

  	
  4,168,832.69 

  	
   

  	
  $

  	
  56,402,321.53 

  	
   

  
	
  8/26/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  300,000.00 

  	
   

  	
  $

  	
  52,533,488.84 

  	
   

  	
  10

  	
   

  	
  $

  	
  143,927.37 

  	
   

  	
  $

  	
  4,312,760.06 

  	
   

  	
  $

  	
  56,846,248.90 

  	
   

  
	
  8/31/2005

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  52,533,488.84 

  	
   

  	
  5

  	
   

  	
  $

  	
  71,963.68 

  	
   

  	
  $

  	
  4,384,723.74 

  	
   

  	
  $

  	
  56,918,212.58 

  	
   

  
	
  9/6/2005

  	
   

  	
  Deposit to Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  52,733,488.84 

  	
   

  	
  6

  	
   

  	
  $

  	
  86,685.19 

  	
   

  	
  $

  	
  4,471,408.93 

  	
   

  	
  $

  	
  57,204,897.77 

  	
   

  
	
  9/9/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  1,500,000.00 

  	
   

  	
  $

  	
  54,233,488.84 

  	
   

  	
  3

  	
   

  	
  $

  	
  44,575.47 

  	
   

  	
  $

  	
  4,515,984.40 

  	
   

  	
  $

  	
  58,749,473.24 

  	
   

  
	
  9/14/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  54,333,488.84 

  	
   

  	
  5

  	
   

  	
  $

  	
  74,429.44 

  	
   

  	
  $

  	
  4,590,413.83 

  	
   

  	
  $

  	
  58,923,902.67 

  	
   

  
	
  9/21/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  54,533,488.84 

  	
   

  	
  7

  	
   

  	
  $

  	
  104,584.77 

  	
   

  	
  $

  	
  4,694,998.61 

  	
   

  	
  $

  	
  59,228,487.45 

  	
   

  
	
  9/23/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  54,733,488.84 

  	
   

  	
  2

  	
   

  	
  $

  	
  29,990.95 

  	
   

  	
  $

  	
  4,724,989.56 

  	
   

  	
  $

  	
  59,458,478.40 

  	
   

  
	
  9/30/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  54,933,488.84 

  	
   

  	
  7

  	
   

  	
  $

  	
  105,351.90 

  	
   

  	
  $

  	
  4,830,341.46 

  	
   

  	
  $

  	
  59,763,830.30 

  	
   

  
	
  10/5/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  55,333,488.84 

  	
   

  	
  5

  	
   

  	
  $

  	
  75,799.30 

  	
   

  	
  $

  	
  4,906,140.76 

  	
   

  	
  $

  	
  60,239,629.60 

  	
   

  
	
  10/14/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  1,000,000.00 

  	
   

  	
  $

  	
  56,333,488.84 

  	
   

  	
  9

  	
   

  	
  $

  	
  138,904.49 

  	
   

  	
  $

  	
  5,045,045.25 

  	
   

  	
  $

  	
  61,378,534.09 

  	
   

  
	
  10/21/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  56,433,488.84 

  	
   

  	
  7

  	
   

  	
  $

  	
  108,228.61 

  	
   

  	
  $

  	
  5,153,273.86 

  	
   

  	
  $

  	
  61,586,762.70 

  	
   

  
	
  10/28/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  56,533,488.84 

  	
   

  	
  7

  	
   

  	
  $

  	
  108,420.39 

  	
   

  	
  $

  	
  5,261,694.25 

  	
   

  	
  $

  	
  61,795,183.09 

  	
   

  
	
  10/31/2005

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  56,533,488.84 

  	
   

  	
  3

  	
   

  	
  $

  	
  46,465.88 

  	
   

  	
  $

  	
  5,308,160.13 

  	
   

  	
  $

  	
  61,841,648.97 

  	
   

  
	
  11/4/2005

  	
   

  	
  Deposit to Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  56,733,488.84 

  	
   

  	
  4

  	
   

  	
  $

  	
  62,173.69 

  	
   

  	
  $

  	
  5,370,333.81 

  	
   

  	
  $

  	
  62,103,822.65 

  	
   

  
	
  11/10/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  56,933,488.84 

  	
   

  	
  6

  	
   

  	
  $

  	
  93,589.30 

  	
   

  	
  $

  	
  5,463,923.11 

  	
   

  	
  $

  	
  62,397,411.95 

  	
   

  
	
  11/22/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  300,000.00 

  	
   

  	
  $

  	
  57,233,488.84 

  	
   

  	
  12

  	
   

  	
  $

  	
  188,164.89 

  	
   

  	
  $

  	
  5,652,088.01 

  	
   

  	
  $

  	
  62,885,576.85 

  	
   

  
	
  11/30/2005

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  57,233,488.84 

  	
   

  	
  8

  	
   

  	
  $

  	
  125,443.26 

  	
   

  	
  $

  	
  5,777,531.27 

  	
   

  	
  $

  	
  63,011,020.11 

  	
   

  
	
  12/1/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  57,433,488.84 

  	
   

  	
  1

  	
   

  	
  $

  	
  15,735.20 

  	
   

  	
  $

  	
  5,793,266.47 

  	
   

  	
  $

  	
  63,226,755.31 

  	
   

  
	
  12/9/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  125,000.00 

  	
   

  	
  $

  	
  57,558,488.84 

  	
   

  	
  8

  	
   

  	
  $

  	
  126,155.59 

  	
   

  	
  $

  	
  5,919,422.06 

  	
   

  	
  $

  	
  63,477,910.90 

  	
   

  
	
  12/19/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  57,708,488.84 

  	
   

  	
  10

  	
   

  	
  $

  	
  158,105.45 

  	
   

  	
  $

  	
  6,077,527.51 

  	
   

  	
  $

  	
  63,786,016.35 

  	
   

  
	
  12/29/2005

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  57,808,488.84 

  	
   

  	
  10

  	
   

  	
  $

  	
  158,379.42 

  	
   

  	
  $

  	
  6,235,906.93 

  	
   

  	
  $

  	
  64,044,395.77 

  	
   

  
	
  12/30/2005

  	
   

  	
  Warrant Exercised
  - NMP

  	
   

  	
  $

  	
  (5,000.66

  	
  )

  	
  $

  	
  57,803,488.18 

  	
   

  	
  1

  	
   

  	
  $

  	
  15,836.57 

  	
   

  	
  $

  	
  6,251,743.51 

  	
   

  	
  $

  	
  64,055,231.69 

  	
   

  
	
  12/30/2005

  	
   

  	
  Options Exercised
  - JJM

  	
   

  	
  $

  	
  (193,579.08

  	
  )

  	
  $

  	
  57,609,909.10 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,251,743.51 

  	
   

  	
  $

  	
  63,861,652.61 

  	
   

  
	
  12/30/2005

  	
   

  	
  Options Exercised
  - JJM

  	
   

  	
  $

  	
  (45,000.00

  	
  )

  	
  $

  	
  57,564,909.10 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,251,743.51 

  	
   

  	
  $

  	
  63,816,652.61 

  	
   

  
	
  12/30/2005

  	
   

  	
  Options Exercised
  - DKM

  	
   

  	
  $

  	
  (193,579.08

  	
  )

  	
  $

  	
  57,371,330.02 

  	
   

  	
  0

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  6,251,743.51 

  	
   

  	
  $

  	
  63,623,073.53 

  	
   

  
	
  12/31/2005

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  57,371,330.02 

  	
   

  	
  1

  	
   

  	
  $

  	
  15,718.17 

  	
   

  	
  $

  	
  6,267,461.68 

  	
   

  	
  $

  	
  63,638,791.70 

  	
   

  
	
  1/3/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  50,000.00 

  	
   

  	
  $

  	
  57,421,330.02 

  	
   

  	
  3

  	
   

  	
  $

  	
  47,195.61 

  	
   

  	
  $

  	
  6,314,657.29 

  	
   

  	
  $

  	
  63,735,987.31 

  	
   

  
	
  1/10/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  125,000.00 

  	
   

  	
  $

  	
  57,546,330.02 

  	
   

  	
  7

  	
   

  	
  $

  	
  110,362.82 

  	
   

  	
  $

  	
  6,425,020.12 

  	
   

  	
  $

  	
  63,971,350.14 

  	
   

  
	
  1/11/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  57,646,330.02 

  	
   

  	
  1

  	
   

  	
  $

  	
  15,793.52 

  	
   

  	
  $

  	
  6,440,813.63 

  	
   

  	
  $

  	
  64,087,143.65 

  	
   

  
	
  1/13/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  57,846,330.02 

  	
   

  	
  2

  	
   

  	
  $

  	
  31,696.62 

  	
   

  	
  $

  	
  6,472,510.25 

  	
   

  	
  $

  	
  64,318,840.27 

  	
   

  
	
  1/17/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  20,000.00 

  	
   

  	
  $

  	
  57,866,330.02 

  	
   

  	
  4

  	
   

  	
  $

  	
  63,415.16 

  	
   

  	
  $

  	
  6,535,925.41 

  	
   

  	
  $

  	
  64,402,255.43 

  	
   

  
	
  1/23/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  300,000.00 

  	
   

  	
  $

  	
  58,166,330.02 

  	
   

  	
  6

  	
   

  	
  $

  	
  95,615.88 

  	
   

  	
  $

  	
  6,631,541.29 

  	
   

  	
  $

  	
  64,797,871.31 

  	
   

  
	
  1/27/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  60,000.00 

  	
   

  	
  $

  	
  58,226,330.02 

  	
   

  	
  4

  	
   

  	
  $

  	
  63,809.68 

  	
   

  	
  $

  	
  6,695,350.97 

  	
   

  	
  $

  	
  64,921,680.99 

  	
   

  
	
  1/31/2006

  	
   

  	
  Warrants
  Exercised - Trust

  	
   

  	
  $

  	
  (20,036.32

  	
  )

  	
  $

  	
  58,206,293.70 

  	
   

  	
  4

  	
   

  	
  $

  	
  63,787.72 

  	
   

  	
  $

  	
  6,759,138.69 

  	
   

  	
  $

  	
  64,965,432.39 

  	
   

  
	
  2/1/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  400,000.00 

  	
   

  	
  $

  	
  58,606,293.70 

  	
   

  	
  1

  	
   

  	
  $

  	
  16,056.52 

  	
   

  	
  $

  	
  6,775,195.21 

  	
   

  	
  $

  	
  65,381,488.91 

  	
   

  
	
  2/8/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  58,806,293.70 

  	
   

  	
  7

  	
   

  	
  $

  	
  112,779.19 

  	
   

  	
  $

  	
  6,887,974.40 

  	
   

  	
  $

  	
  65,694,268.10 

  	
   

  
	
  2/10/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  50,000.00 

  	
   

  	
  $

  	
  58,856,293.70 

  	
   

  	
  2

  	
   

  	
  $

  	
  32,250.02 

  	
   

  	
  $

  	
  6,920,224.42 

  	
   

  	
  $

  	
  65,776,518.12 

  	
   

  
	
  2/17/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  59,006,293.70 

  	
   

  	
  7

  	
   

  	
  $

  	
  113,162.76 

  	
   

  	
  $

  	
  7,033,387.18 

  	
   

  	
  $

  	
  66,039,680.88 

  	
   

  
	
  2/27/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  150,000.00 

  	
   

  	
  $

  	
  59,156,293.70 

  	
   

  	
  10

  	
   

  	
  $

  	
  162,072.04 

  	
   

  	
  $

  	
  7,195,459.22 

  	
   

  	
  $

  	
  66,351,752.92 

  	
   

  
	
  2/28/2006

  	
   

  	
  Interest

  	
   

  	
  $

  	
  0.00 

  	
   

  	
  $

  	
  59,156,293.70 

  	
   

  	
  1

  	
   

  	
  $

  	
  16,207.20 

  	
   

  	
  $

  	
  7,211,666.42 

  	
   

  	
  $

  	
  66,367,960.12 

  	
   

  
	
  3/6/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  59,356,293.70 

  	
   

  	
  6

  	
   

  	
  $

  	
  97,571.99 

  	
   

  	
  $

  	
  7,309,238.41 

  	
   

  	
  $

  	
  66,665,532.11 

  	
   

  
	
  3/7/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  59,456,293.70 

  	
   

  	
  1

  	
   

  	
  $

  	
  16,289.40 

  	
   

  	
  $

  	
  7,325,527.81 

  	
   

  	
  $

  	
  66,781,821.51 

  	
   

  
	
  3/10/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  10,000.00 

  	
   

  	
  $

  	
  59,466,293.70 

  	
   

  	
  3

  	
   

  	
  $

  	
  48,876.41 

  	
   

  	
  $

  	
  7,374,404.21 

  	
   

  	
  $

  	
  66,840,697.91 

  	
   

  

 

5

 

	
  Date

  	
   

  	
  Description

  	
   

  	
  Amount

  	
   

  	
  Principal
  Balance

  	
   

  	
  # Days

  	
   

  	
  10%
  Interest

  	
   

  	
  Accrued
  Interest

  	
   

  	
  Balance

  	
   

  
	
  3/13/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  20,000.00 

  	
   

  	
  $

  	
  59,486,293.70 

  	
   

  	
  3

  	
   

  	
  $

  	
  48,892.84 

  	
   

  	
  $

  	
  7,423,297.06 

  	
   

  	
  $

  	
  66,909,590.76 

  	
   

  
	
  3/15/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  20,000.00 

  	
   

  	
  $

  	
  59,506,293.70 

  	
   

  	
  2

  	
   

  	
  $

  	
  32,606.19 

  	
   

  	
  $

  	
  7,455,903.24 

  	
   

  	
  $

  	
  66,962,196.94 

  	
   

  
	
  3/17/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  100,000.00 

  	
   

  	
  $

  	
  59,606,293.70 

  	
   

  	
  2

  	
   

  	
  $

  	
  32,660.98 

  	
   

  	
  $

  	
  7,488,564.23 

  	
   

  	
  $

  	
  67,094,857.93 

  	
   

  
	
  3/21/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  900,000.00 

  	
   

  	
  $

  	
  60,506,293.70 

  	
   

  	
  4

  	
   

  	
  $

  	
  66,308.27 

  	
   

  	
  $

  	
  7,554,872.49 

  	
   

  	
  $

  	
  68,061,166.19 

  	
   

  
	
  3/28/2006

  	
   

  	
  Warrants
  Exercised - Trust

  	
   

  	
  $

  	
  (20,036.32

  	
  )

  	
  $

  	
  60,486,257.38 

  	
   

  	
  7

  	
   

  	
  $

  	
  116,001.04 

  	
   

  	
  $

  	
  7,670,873.54 

  	
   

  	
  $

  	
  68,157,130.92 

  	
   

  
	
  3/30/2006

  	
   

  	
  Payment of
  interest

  	
   

  	
  $

  	
  (300,000.00

  	
  )

  	
  $

  	
  60,486,257.38 

  	
   

  	
  2

  	
   

  	
  $

  	
  33,143.15 

  	
   

  	
  $

  	
  7,404,016.69 

  	
   

  	
  $

  	
  67,890,274.07 

  	
   

  
	
  4/26/2006

  	
   

  	
  Deposit to
  Medicor

  	
   

  	
  $

  	
  200,000.00 

  	
   

  	
  $

  	
  60,686,257.38 

  	
   

  	
  27

  	
   

  	
  $

  	
  448,912.04 

  	
   

  	
  $

  	
  7,852,928.73 

  	
   

  	
  $

  	
  68,539,186.11
  

  	
   

  

 

	
  Principal
  And Interest At 26 April 2006

  	
   

  	
  $

  	
  68,539,186.11

  	
   

  
	
  Assigned
  Principal Amount in Connection with Re-issuance of Two Separate Notes on 26
  April 2006

  	
   

  	
  $

  	
  37,500,000.00

  	
   

  
	
  Remaining
  Principal of this Note

  	
   

  	
  $

  	
  23,186,257.38

  	
   

  
	
  Remaining
  Interest Capitalized for this Note

  	
   

  	
  $

  	
  7,852,928.73

  	
   

  
	
  Principal
  and Interest of this Note

  	
   

  	
  $

  	
  31,039,186.11

  	
   

  

 

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]