2010 ANNUAL REPORT - Webtech Wireless

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFor the twelve months ended December 31, 2010 and December 31, 2009and the five-month period ended December 31, 2008Exercise pricerangeQuantityOptions outstandingWeighted averageremainingcontractual life(Years)Weighted averageexercise priceQuantityExercisable optionsWeighted averageremainingcontractual life(Years)Weighted averageexercise price$0.37- $0.46 2,240,900 4.72 $0.37 - 4.98 $0.37$0.47- $0.71 978,570 4.23 $0.58 25,405 4.41 $0.48$0.72- $0.75 1,758,682 3.21 $0.75 1,062,200 3.21 $0.75$0.76- $1.10 770,487 3.29 $0.93 437,318 2.87 $0.96$1.11- $1.19 72,000 3.00 $1.15 72,000 3.00 $1.15$1.20- $1.50 1,070,322 3.56 $1.27 1,048,982 3.56 $1.27$1.51- $1.65 4,500 3.47 $1.65 1,500 3.47 $1.656,895,461 3.91 $0.71 2,647,405 3.30 $1.00Note 14Contributed surplusAmountBalance December 31, 2008 $4,131Stock option expense 826Options granted on acquisition 91Stock options exercised (155)Balance December 31, 2009 $4,893Stock option expense 1,401Stock option expense - cancelled options 620Balance December 30, 2010 $6,91446 (Dollar amounts in 000’s except number of shares and per share amounts)