The TSX Venture Exchange has accepted for filing the company's proposal to issue 44 million common shares at a deemed price of 1.5 cents per share to settle outstanding debt for $660,000.

Number of creditors:  38 creditors

Insiders:  Ashraf Zaghloul, $139,500, 9.3 million shares at 1.5 cents; Kristine Lewis, $139,500, 9.3 million shares at 1.5 cents

Warrants:  none

The company shall issue a news release when the shares are issued and the debt extinguished.