Of the 5,088,911 shown in the annual report, only 2,738,500 shares were owned outright. the remainder were options, warrants, preferred stock which are shown in total.

The net difference is 2,350,411 of which 1,250,000 are options granted and can be exercised by 6/11/11 and 12/8/2013.

10,000 preferred convertible to 1,000,000 common have since expired in 6/2010 and additional options 325,000 were granted in 6/2010 with a option date of 6/30/2014.

He basically ownes 2,738,500 and has outstanding options of 1,575,000 with dates of 2011, 2013, and 2014.

All of the options are probably still intact, but as to the window timeframe, I have asked for clarification on this point.