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2011
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Information Circular: April 25, 2011
Instrument of Proxy 2011
Notice of Meeting 2011
Meeting Request, Non-Registered Shareholders
Meeting Request, Registered Shareholders
| Financials (CDN Dollars) |
2010 |
2009 |
2008 |
2007 |
2006 |
||
| Revenues | $ 4,967,861 | $ 5,106,494 | $ 3,176,995 | $ 1,989,404 | $ 1,094,466 | ||
| Cost of Sales | 1,961,745 | 2,244,601 | 2,159,846 | 1,351,395 | 861,147 | ||
| Gross Margin | 3,006,116 | 2,861,893 | 1,017,149 | 638,009 | 233,319 | ||
| Net Loss | 9,121,181 | 4,539,718 | 8,523,228 | 6,868,314 | (4,773,023 ) | ||
| Current Assets | 10,126,235 | 10,647,848 | 4,315,014 | 5,012,320 | 3,926,418 | ||
| Capital Assets | 402,535 | 478,968 | 262,331 | 252,826 | 224,644 | ||
| Rental Assets | 155,101 | 143,539 | 1,347,508 | 981,414 | 768,696 | ||
| Intangible Asset | 339,810 | 478,403 | 34,992 | 34,992 | 34,992 | ||
| Total Assets | 11,023,681 | 11,748,758 | 5,959,845 | 6,281,552 | 4,954,750 | ||
| Shareholders’ Equity | 1,998,786 | 6,817,785 | 1,848,960 | 3,631,779 | 3,505,020 | ||
| Per Share Data | |||||||
| Net Loss Per Share (Basic & Diluted) | (0.09) | (0.05) | (0.11) | (0.11) | (0.10) | ||
| Dividends Paid (Preferred Shares) | - | - | - | - | - | ||
| Dividends Paid (Convertible debt) | - | - | - | - | - | ||
| Shareholder Data | |||||||
| shares outstanding | 118,615,466 | 103,498,386 | 82,500,219 | 72,720,622 | 58,488,823 | ||
| Warrants outstanding at end of year | 29,655,609 | 11,377,499 | 2,572,500 | 9,535,960 | 17,136,016 | ||
| Outstanding options at end of year | 2,498,977 | 2,784,496 | 2,308,998 | 2,235,668 | 2,426,995 | ||
| Toronto Venture Exchange (TSX) (CDN$ per Share) | |||||||
| High | $0.59 | $0.70 | $1.48 | $1.29 | $0.68 | ||
| Low | $0.23 | $0.15 | $0.11 | $0.26 | $0.24 | ||
| Close | $0.26 | $0.53 | $0.20 | $1.26 | $0.38 | ||
