<table>
<tbody><tr style="vertical-align: bottom">
    <td colspan="2" style="text-align: center; padding-left: 10pt; text-indent: -10pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>
    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">Warrant <br>Derivative</td><td style="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</td><td style="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</td>
    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">Put <br>Derivative</td><td style="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</td><td style="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</td>
    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">Total</td><td style="padding-bottom: 1pt">&nbsp;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(234,249,232)">
    <td colspan="2" style="text-align: left; padding-left: 10pt; text-indent: -10pt">Balances at April 1, 2010</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>
    <td style="text-align: left">$</td><td style="text-align: right">849,211</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>
    <td style="text-align: left">$</td><td style="text-align: right">110,940</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>
    <td style="text-align: left">$</td><td style="text-align: right">960,151</td><td style="text-align: left">&nbsp;</td></tr>
<tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="text-align: left; padding-left: 20pt; text-indent: -10pt">Fair value adjustments</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,987,932</td><td style="padding-bottom: 1pt; text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">(105,668</td><td style="padding-bottom: 1pt; text-align: left; border-bottom: Black 1pt solid">)</td><td style="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,882,264</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(234,249,232)">
    <td colspan="2" style="text-align: left; padding-left: 10pt; text-indent: -10pt">Balances at March 31, 2011</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>
    <td style="text-align: left">&nbsp;</td><td style="text-align: right">2,837,143</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>
    <td style="text-align: left">&nbsp;</td><td style="text-align: right">5,272</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>
    <td style="text-align: left">&nbsp;</td><td style="text-align: right">2,842,415</td><td style="text-align: left">&nbsp;</td></tr>
<tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="text-align: left; padding-left: 20pt; text-indent: -10pt">Fair value adjustments</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">168,176</td><td style="padding-bottom: 1pt; text-align: left; border-bottom: Black 1pt solid">&nbsp;</td><td style="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">(5,272</td><td style="padding-bottom: 1pt; text-align: left; border-bottom: Black 1pt solid">)</td><td style="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">162,904</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(234,249,232)">
    <td style="text-align: left; width: 1%; padding-left: 10pt; text-indent: -10pt">&nbsp;</td><td style="text-align: left; width: 47%; padding-left: 10pt; text-indent: -10pt">Balances at March 31, 2012</td><td style="padding-bottom: 2.5pt; text-align: left; width: 1%">&nbsp;</td><td style="padding-bottom: 2.5pt; width: 3%">&nbsp;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left; width: 1%">$</td><td style="border-bottom: Black 2.5pt double; text-align: right; width: 12%">3,005,319</td><td style="padding-bottom: 2.5pt; text-align: left; width: 1%; border-bottom: Black 2.5pt double">&nbsp;</td><td style="padding-bottom: 2.5pt; width: 3%; border-bottom: Black 2.5pt double">&nbsp;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left; width: 1%">$</td><td style="border-bottom: Black 2.5pt double; text-align: right; width: 12%">—</td><td style="padding-bottom: 2.5pt; text-align: left; width: 1%; border-bottom: Black 2.5pt double">&nbsp;</td><td style="padding-bottom: 2.5pt; width: 3%; border-bottom: Black 2.5pt double">&nbsp;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left; width: 1%">$</td><td style="border-bottom: Black 2.5pt double; text-align: right; width: 12%">3,005,319</td><td style="padding-bottom: 2.5pt; text-align: left; width: 1%">&nbsp;</td></tr>
</tbody></table>
<table>
<tbody><tr>
<td> </td><td> </td><td> </td>
<td>Warrant <br/>Derivative</td><td> </td><td> </td>
<td>Put <br/>Derivative</td><td> </td><td> </td>
<td>Total</td><td> </td></tr>
<tr>
<td>Balances at April 1, 2010</td><td> </td><td> </td>
<td>$</td><td>849,211</td><td> </td><td> </td>
<td>$</td><td>110,940</td><td> </td><td> </td>
<td>$</td><td>960,151</td><td> </td></tr>
<tr>
<td>Fair value adjustments</td><td> </td><td> </td>
<td> </td><td>1,987,932</td><td> </td><td> </td>
<td> </td><td>(105,668</td><td>)</td><td> </td>
<td> </td><td>1,882,264</td><td> </td></tr>
<tr>
<td>Balances at March 31, 2011</td><td> </td><td> </td>
<td> </td><td>2,837,143</td><td> </td><td> </td>
<td> </td><td>5,272</td><td> </td><td> </td>
<td> </td><td>2,842,415</td><td> </td></tr>
<tr>
<td>Fair value adjustments</td><td> </td><td> </td>
<td> </td><td>168,176</td><td> </td><td> </td>
<td> </td><td>(5,272</td><td>)</td><td> </td>
<td> </td><td>162,904</td><td> </td></tr>
<tr>
<td> </td><td>Balances at March 31, 2012</td><td> </td><td> </td>
<td>$</td><td>3,005,319</td><td> </td><td> </td>
<td>$</td><td>—</td><td> </td><td> </td>
<td>$</td><td>3,005,319</td><td> </td></tr>
</tbody></table>