Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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I think this is the total for shares 2011

(b) COMMON SHARES ISSUED

Number of

Shares Amount

Balance, January 1, 2010 58,302,862 $ 29,939,171

Opel Inc. Exchangeable Shares, exchanged into common

shares 1,824,987 372,029

Shares issued on private placements 25,164,665 7,178,965

Share issue costs - (794,593)

Value assigned to warrants and compensation warrants - (2,365,131)

Balance, December 31, 2010 85,292,514 34,330,441

Shares issued on the exercise of stock options 1,425,750 532,322

Fair value of stock options exercised - 192,113

Shares issued on the exercise of warrants and compensation warrants 2,341,366 959,099

Fair value of warrants and compensation warrants exercised - 423,547

Balance, March 31, 2011 89,059,630 $ 36,437,522

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