Akamai Technologies, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the company, industry or security described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject company may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject company. This report contains forward looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward looking statements. Laguna Research Partners has received no compensation from the subject company. Laguna Research Partners and/or its owners, officers, employees, and/or members of their families may hold a position in and/or engage in transactions with respect to the securities of the companies mentioned herein. © Laguna Research Partners LLC 2000, 2001. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Cavico Corporation

Laguna Research Partners LLC is a research and analysis firm that produces business model, industry, economic, and geopolitical consulting studies and reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Laguna Research Partners was paid US eight-thousand five-hundred dollars by Cavico Corporation to provide six months of independent research coverage of Cavico, and payment was made in full before this coverage commenced. No Laguna Research Partners owner, officer, or employee holds a position in and/or engages in transactions with respect to the securities of the companies mentioned herein. © Laguna Research Partners LLC 2006. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Christie Systems, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the company, industry or security described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject company may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject company. This report contains forward looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward looking statements. Laguna Research Partners has received no compensation from the subject company. Laguna Research Partners and/or its owners, officers, employees, and/or members of their families may hold a position in and/or engage in transactions with respect to the securities of the companies mentioned herein. © Laguna Research Partners LLC 2000, 2001. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Great Panther Resources Limited

HOMELAND DEFENSE INDUSTRY: Alliant Techsystems Inc.; Anteon International Corp.; Armor Holdings, Inc.; CACI International Inc.; Check Point Software Technologies Ltd.; CompuDyne Corporation; DRS Technologies, Inc.; Identix, Inc.; Integrated Defense Technologies, Inc.; Internet Security Systems, Inc.; InVision Technologies, Inc.; L-3 Communications Holdings, Inc.; ManTech International Corporation; OSI Systems, Inc.; Symantec Corporation; United Defense Industries, Inc.; Veridian Corporation; Viisage Technology, Inc.; Visionics Corporation; Zebra Technologies Corp.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the company, industry or security described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject company may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject company. This report contains forward looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward looking statements. Laguna Research Partners has received no compensation from the subject company. Laguna Research Partners and/or its owners, officers, employees, and/or members of their families may hold a position in and/or engage in transactions with respect to the securities of the companies mentioned herein. © Laguna Research Partners LLC 2002. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

IMAX Corporation, Iwerks Entertainment, Inc., MegaSystems, Inc., Principia LightWorks, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the company, industry or security described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject company may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject company. This report contains forward looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward looking statements. Laguna Research Partners has received no compensation from the subject company. Laguna Research Partners and/or its owners, officers, employees, and/or members of their families may hold a position in and/or engage in transactions with respect to the securities of the companies mentioned herein. © Laguna Research Partners LLC 2001, 2002. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Lions Gate Entertainment Corp.

Laguna Research Partners LLC is an independent research firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the company, industry or security described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject company may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject company. This report contains forward looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward looking statements.  Laguna Research Partners is a paid consultant to the subject company. Laguna Research Partners and/or its owners, officers, employees, and/or members of their families may hold a position in and/or engage in transactions with respect to the securities of the companies mentioned herein. © Laguna Research Partners LLC 1999. All rights reserved.  Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Microvision, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the company, industry or security described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject company may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject company. This report contains forward looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward looking statements. Laguna Research Partners has received no compensation from the subject company. Laguna Research Partners and/or its owners, officers, employees, and/or members of their families may hold a position in and/or engage in transactions with respect to the securities of the companies mentioned herein. © Laguna Research Partners LLC 2000, 2001. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Security With Advanced Technology, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject companies and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Laguna Research Partners was compensated five-thousand dollars by Security With Advanced Technology, Inc. for a Research Report and a Summary of that Research Report, and payment was made in full prior to the commencement of the Research Report project.  Laguna Research Partners was also compensated seven-thousand five-hundred dollars by Security With Advanced Technology, Inc. for six months of Research Coverage regarding the Company, and payment was made in full prior to the commencement of coverage.  No promise of favorable point of view or opinion has been made by Laguna Research Partners to any of the subject companies. Neither Laguna Research Partners, its principals, nor the assigned analyst own or trade shares of any of the subject companies. © Laguna Research Partners LLC 2007. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

SpaceDev, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject companies and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Laguna Research Partners has been compensated six-thousand five-hundred dollars by RE Hill Properties - Louisville, LLC to issue one Update Report and payment was made prior to the issuance of that report. No promise of favorable point of view or opinion has been made by Laguna Research Partners to any of the subject companies. Neither Laguna Research Partners, its principals, nor the assigned analyst own or trade shares of any of the subject companies. © Laguna Research Partners LLC 2007. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Tank Sports, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject companies and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Laguna Research Partners was compensated four-thousand five-hundred dollars by Tank Sports, Inc. to issue one Update Report and payment was made prior to the issuance of that report. Tank Sports, Inc. has also agreed to compensate Laguna Research Partners seven-thousand five-hundred dollars for seven months of research coverage. No promise of favorable point of view or opinion has been made by Laguna Research Partners to any of the subject companies. Neither Laguna Research Partners, its principals, nor the assigned analyst own or trade shares of any of the subject companies. © Laguna Research Partners LLC 2007. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Terax Energy, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces business model, industry, economic, and geo-strategic studies and reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy or sell any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Laguna Research Partners was paid US twelve-thousand five-hundred dollars by Terax Energy, Inc. for six months of research coverage, and payment was made in full prior to the commencement of coverage. No Laguna Research Partners owner, officer, or employee holds a position in and/or engages in transactions with respect to the securities of the companies mentioned herein.  © Laguna Research Partners LLC 2006. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Vietnam Dairy Products Joint Stock Company ("Vinamilk")

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject companies and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Laguna Research Partners has received no compensation from any of the subject companies. No promise of favorable point of view or opinion has been made by Laguna Research Partners to any of the subject companies. Neither Laguna Research Partners, its principals, nor the assigned analyst own or trade shares of any of the subject companies. © Laguna Research Partners LLC 2006. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

Xenomics, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces business model, industry, economic, and geopolitical consulting studies and reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject company and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Laguna Research Partners was paid US six-thousand five-hundred dollars by Xenomics, Inc. to conduct this analysis and present our independent findings in written form, and payment was made in full before this analysis commenced. Laguna Research Partners has also been paid US five-thousand dollars by Xenomics, Inc. to conduct and issue in written form a CEO Interview with the chief executive officer of Xenomics. No Laguna Research Partners owner, officer, or employee holds a position in and/or engages in transactions with respect to the securities of the companies mentioned herein. © Laguna Research Partners LLC 2006. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.

XsunX, Inc.

Laguna Research Partners LLC is a research and analysis firm that produces company and industry research reports. This report is based on Laguna Research Partners’ independent analysis and judgement, but relies on materials supplied by the subject companies and other sources believed to be reliable. Except as otherwise indicated, Laguna Research Partners has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and Laguna Research Partners assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Laguna Research Partners has been compensated six-thousand five-hundred dollars by XsunX, Inc. to issue one Update Report and payment was made prior to the issuance of that report. Laguna Research Partners was also compensated six-thousand dollars by XsunX, Inc. for six months of Research Coverage regarding the Company, and payment was made in full prior to the commencement of coverage. No promise of favorable point of view or opinion has been made by Laguna Research Partners to any of the subject companies. Neither Laguna Research Partners, its principals, nor the assigned analyst own or trade shares of any of the subject companies. © Laguna Research Partners LLC 2007. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of Laguna Research Partners.