Item 1.01 Entry into a Material Definitive Agreement.

Effective September 5, 2008, we entered into a loan agreement with 51644 Newfoundland and Labrador Inc., a company of which a director and officer of our company holds a controlling interest. Under the terms of the loan agreement, 51644 Newfoundland has agreed to loan our company up to $25,000. The loan is non-intererst bearing. The principal amount of the loan is due and payable five years from the advancement date. Proceeds of the loan are to be used to further business development and research and development activities.

Effective October 16, 2008, we entered into a convertible loan agreement with Albert E. Hickman, a director and officer of our company. Under the terms of the convertible loan agreement, Mr. Hickman has agreed to loan our company up to $ 50,000. The loan is convertible into shares of common stock at a conversion price of $0.07 per share. The loan will bear interest at a rate of 10% per annum. The principal amount of the loan is due and payable five years from the advancement date. Proceeds of the loan are to be used to repay an outstanding loan of $25,000 owing to 51644 Newfoundland and Labrador Inc., and to further business development and research and development activities.

Item 9.01 Financial Statements and Exhibits

10.1 Loan Agreement with 51644 Newfoundland and Labrador Inc.

10.2 Loan Agreement with Albert E. Hickman