DISCIPLINED PERSONS LIST

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Name	Barnscher, Walter Leo
Date of Order or Settlement	April 2, 2004
Banned Until	April 2, 2007
Sanction	3-year trading ban with conditions 3-year director/officer ban with conditions 3-year investor relations ban An undertaking to comply with the Securities Act
Payment Agreed / Ordered	$6,500 plus $3,500 in costs
Violation	Unregistered distribution Unregistered trading Acting contrary to the public interest
Ruling Body	BCSC
Supporting Documents	New Release Settlement/Order

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