NGCOA, Canada –– 1,732,722
VIP Sportsonline ---1,242,044
Mr. Dennis Conly (Employee) –– 832,226
Mr. Donald Cook (Employee) –– 737,640
Mr. Terry McBride (Employee) –– 640,581
Mr. Larry Ungerman (Golf Course Owner and Private Investor) –– 200,000
Mr. Donald Seable (Golf Course Owner) –– 100,000
Mr. Craig Tuck (Employee) –– 148,396
Mr. John Ranson (Employee) –– 143,146
Mr. Richard Watson (Golfmax Director) –– 137,500
Ms. Claudia Dulgheru (Employee) –– 74,667
Mr. Chad Worthman (Employee) –– 73,333
Ms. Fiona Daigle (Employee) –– 67,333
Mr. Harvie Cocks (Private Investor) –– 50,000
Mr. Dalton Hicks (Golf Course Owner) –– 50,000
Mr. Colin Nesbitt (Golf Course Owner) –– 50,000
Mr. Mark Seabrook (Golf Course Owner) –– 50,000
Mr. Neil Kapp (Golfmax Director and Golf Course Owner) –– 50,000
Mr. Ian Stone (Golf Course Owner) - 50,000
Mr. Patrick Stoqua (Private Investor) –– 50,000
Mr. Scott Atkinson (Golf Course Owner) –– 40,000
Mr. Zak Ungerman (Private Investor) –– 25,000
Ms. Alexis Ungerman (Private Investor) –– 25,000
Mr. Craig Conly (Private Investor) –– 25,000

Total Outstanding Shares = 6,594, 588


NOTE: Private offers have recently been made by Dennis Conly and Richard Watson to purchase shares held by former employees.