For Q2 Period Ended June 30, 2008; the Steven M. Hershman Revocable Trust (Beneficial Owner Steven M. Hershman. LFLS Chairman & President) bought 9,500 LFLS Common Stock shares at $0.88 per share for a consideration of $8,360 in an OTC broker agency transaction and also the Company redeemed 27,500 Series B Convertible Preferred Stock at $0.70 per share for a consideration of $19,250 in order to repay a Loan due from Shareholder in same amount.