Common use of Maximum Number of Shares Clause in Contracts

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 462,963 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G. Capital, LLC, and its affiliates, affiliates to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 25,000,000 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 119.565 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s 's Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s 's Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 Sharesis 140,625. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 81,304 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s 's Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s 's Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 Sharesis as set forth above. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s 's Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s 's Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 Sharesis 376,875. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 16,750,000 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 Sharesis 185,625. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 8,250,000 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 33,333 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G Capital, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.the

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 120,370 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G. Capital, LLC, and its affiliates, affiliates to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 54,667 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G Capital, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.the

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 264,700 Shares; provided, however, that if the Company does not voluntarily pre-pay the entire outstanding balance of the 16% Debenture on or before July 31, 2006, then after such date the maximum number of Shares of Common Stock exercisable pursuant to this Warrant is 529,400 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 124,348 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s 's Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s 's Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 114,783 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G Capital, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding. In the event that on or before April 15, 2005, the Company pre-pays not less than $104,839 of the principal amount due under the Note, then 17,217 Warrants shall cancel.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 272,609 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s 's Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, to equal 9.99% of the Company’s 's Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is _______ Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s 's Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G. Capital, LLC, and its affiliates, to equal 9.99% of the Company’s 's Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G. Capital, LLC, and its affiliates, affiliates to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 233,043 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G Capital, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding. In the event that on or before April 15, 2005, the Company pre-pays not less than $220,161 of the principal amount due under the Note, then 34,956 Warrants shall cancel.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 342,593 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G. Capital, LLC, and its affiliates, affiliates to equal 9.99% of the Company’s Common Stock then outstanding.

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 45,333 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory GroupM.A.G Capital, LLC, and its affiliates, to equal 9.99% of the Company’s Common Stock then outstanding.the

Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is1,750,000 is 265,000 Shares. However, notwithstanding anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of (a) the Holder and its affiliates or (b) Mercator Advisory Group, LLC, and its affiliates, affiliates to equal 9.99% of the Company’s Common Stock then outstanding.