Level 1

Level 2

Level 3

Total

Money market funds – Cash

and cash equivalents

$    1,713,353

$                  -

$             -

$    1,713,353

Videocon Industries Limited

global depository receipts

5,730,583

-

-

5,730,583

Total financial assets

$    7,443,936

$                  -

$             -

$    7,443,936

Level 1

Level 2

Level 3

Total

Money market funds – Cash

and cash equivalents

$         339,693

$                  -

$             -

$       339,693

U.S. government securities -

Cash and cash equivalents

-

500,000

-

500,000

Videocon Industries Limited

global depository receipts

4,728,367

-

-

4,728,367

Total financial assets

$      5,068,060

$       500,000

$             -

$     5,568,060

Level 1

Level 2

Level 3

Total

Money market funds – Cash

and cash equivalents

$ 339,693

$ -

$ -

$ 339,693

Certificates of deposit–

Short-term investments

500,000

500,000

Videocon Industries Limited

global depository receipts

4,728,367

4,728,367

Total financial assets

$5,068,060

$ 500,000

$ -

$5,568,060

Level 1

Level 2

Level 3

Total

Money market funds – Cash

and cash equivalents

$ 5,685

$ -

$ -

$ 5,685

U.S. government securities –

Cash and cash equivalents

599,994

599,994

U.S. government securities and certificates of deposit–

Short-term investments

2,249,159

2,249,159

Videocon Industries Limited

global depository receipts

5,382,051

5,382,051

Total financial assets

$5,387,736

$2,849,153

$ -

$8,236,889

For the Three Months

 Ending January 31, 2013

Beginning balance

 $ 

                                     -

Aggregate fair value of bifurcated conversion feature issued

1,180,000

Change in fair value of bifurcated conversion feature

-

Ending balance

                     1,180,000