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<P align="right" style="font-size: 10pt">Registration No.&nbsp;333-<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>



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<P align="center" style="font-size: 14pt"><B>UNITED STATES SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<P align="center" style="font-size: 18pt"><B>Form&nbsp;S-8</B>


<P align="center" style="font-size: 10pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>



<P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">


<P align="center" style="font-size: 24pt"><B>SAVE THE WORLD AIR, INC.</B>


<DIV align="center" style="font-size: 10pt"><B>(Exact name of registrant as specified in its charter)</B></DIV>


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<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD align="center" valign="top"><B>Nevada</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>52-2088326</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>(State or other jurisdiction of incorporation<BR>
or organization)</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>(I.R.S. Employer<BR>
Identification No.)</B></TD>
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<P align="center" style="font-size: 10pt"><B>5125 Lankershim Boulevard<BR>
North Hollywood, CA 91601<BR>
(Address of principal executive offices)</B>



<P align="center" style="font-size: 10pt"><B>Consulting Agreement<BR>
(Full title of the plan)</B>



<P align="center" style="font-size: 10pt"><B>Edward L. Masry, Esq.<BR>
Masry &#038; Vititoe<BR>
5707 Corsa Avenue, Second Floor<BR>
Westlake Village, CA 91362<BR>
(Name and address of agent for service)</B>



<P align="center" style="font-size: 10pt"><B>(818)&nbsp;991-8900<BR>
(Telephone number, including area code, of agent for service)</B>



<P align="center" style="font-size: 10pt"><I>With a Copy to:</I><BR>
<B>Douglas K. Simpson<BR>
Rein Evans &#038; Sestanovich LLP<BR>
1925 Century Park East, 16<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> Floor<BR>
Los Angeles, CA 90067<BR>
(310)&nbsp;551-3100</B>



<P align="center" style="font-size: 10pt"><B>Calculation of Registration Fee</B>


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    <TD width="7%">&nbsp;</TD>
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    <TD width="7%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-bottom: 3px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount to be</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed maximum</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed maximum</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Title of securities to be</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>registered</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>offering</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>aggregate offering</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount of</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>registered</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>(1)</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>price per share</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>price</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>registration fee</B></TD>
    <TD width="1%">&nbsp;</TD>
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                    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Common Stock, par value $0.001 per share(2)</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="center" valign="top" style="border-top: 1px solid #000000">50,000 shares</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">$1.00</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">$50,000</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">$5.89</TD>
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-top: 3px solid #000000">&nbsp;</TD>
</TR>

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<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top">
    <TD width="1%" nowrap align="left">(1)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">The amount of Common Stock registered hereunder shall be deemed to
include any additional shares issuable as a result of any stock
split, stock dividend or other change in the capitalization of the
Registrant.</TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD width="1%" nowrap align="left">(2)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Shares of Common Stock that are issuable upon exercise of
outstanding warrants to purchase an aggregate of 50,000 shares of
Common Stock at an exercise price of $1.00 per share.</TD>
</TR>

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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">PART I INFORMATION REQUIRED IN THE SECTION 10 (a)&nbsp;PROSPECTUS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;3. Incorporation of Documents by Reference.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;4. Description of Securities.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;5. Interests of Named Experts and Counsel.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;6. Indemnification of Officers and Directors.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;7. Exemption from Registration Claimed.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;8. Exhibits.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#008">Item&nbsp;9. Undertakings.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="v04643exv5w1.htm">Exhibit 5.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="v04643exv23w1.htm">Exhibit 23.1</A></TD></TR>
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<!-- link1 "PART I INFORMATION REQUIRED IN THE SECTION 10 (a)&nbsp;PROSPECTUS" -->
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<P align="center" style="font-size: 10pt"><B>PART I</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE SECTION 10 (a)&nbsp;PROSPECTUS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As permitted by Rule&nbsp;428 under the Securities Act of 1933, as amended, this Registration
Statement omits the information specified in Part&nbsp;I of Form S-8. The documents constituting Part&nbsp;I
of this Registration Statement will be sent or given to the participant as required by Rule&nbsp;428(b).


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant is not filing these documents with the Securities and Exchange Commission (the
&#147;Commission&#148;) as part of this Registration Statement or as prospectuses or prospectus supplements
pursuant to Rule&nbsp;424 of the Securities Act.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Copies of the Consulting Agreement (the &#147;Plan&#148;), the Annual Report on Form 10-KSB of Save the
World Air, Inc., a Nevada corporation (the &#147;Registrant&#148;), for the year ended December&nbsp;31, 2003, all
Quarterly Reports on Form 10-QSB and any Current Reports filed with the Commission during the past
twelve months have been provided to the Plan participant.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant also undertakes to furnish, without charge, to such participant or persons
purchasing any of the securities registered hereby, copies of all such documentation. Requests
should be directed to Edward L. Masry, Esq. at the address and telephone appearing on the Cover
Page of this Registration Statement.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional information regarding the Registrant may be reviewed at the Commission&#146;s web site
www.sec.gov, in the Edgar Archives.

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<P align="center" style="font-size: 10pt"><B>PART II</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>


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<P align="left" style="font-size: 10pt"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents which have been filed with the Commission by the Registrant are
incorporated herein by reference and made a part hereof:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Registrant&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31,
2003, filed with the Commission on April&nbsp;15, 2004;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The following reports filed pursuant to Sections 13(a) or 15(d) of the Securities Act
of 1934 (the &#147;Exchange Act&#148;):


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2002, filed with the
Commission on March&nbsp;25, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;8-K dated May&nbsp;20, 2004, filed with the Commission on May&nbsp;21, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;8-K dated May&nbsp;24, 2004, filed with the Commission on May&nbsp;28, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB for the fiscal quarter ended March&nbsp;31, 2003, filed with the
Commission on June&nbsp;7, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB for the fiscal quarter ended June&nbsp;30, 2003, filed with the
Commission on June&nbsp;7, 2004;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB for the fiscal quarter ended September&nbsp;30, 2003, filed with the
Commission on June&nbsp;7, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB/A for the fiscal quarter ended March&nbsp;31, 2003, filed with the
Commission on July&nbsp;1, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB/A for the fiscal quarter ended June&nbsp;30, 2003, filed with the
Commission on July&nbsp;1, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB/A for the fiscal quarter ended September&nbsp;30, 2003, filed with
the Commission on July&nbsp;1, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB for the fiscal quarter ended March&nbsp;31, 2004, filed with the
Commission on July&nbsp;16, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;8-K dated July&nbsp;1, 2004, filed with the Commission on July&nbsp;12, 2004;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB for the fiscal quarter ended June&nbsp;30, 2004, filed with the
Commission on August&nbsp;23, 2004; and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
    <TD>Form&nbsp;10-QSB for the fiscal quarter ended September&nbsp;30, 2004, filed with the
Commission on December&nbsp;6, 2004; and</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The description of the Common Stock contained in the Registrant&#146;s Form 10-SB, filed with
the Commission on January&nbsp;27, 2000, as amended by Amendment No.&nbsp;1 to Form 10-SB, filed with the
Commission on March&nbsp;2, 2000 and as further amended by Amendment No.&nbsp;2 to Form 10-SB, filed with the
Commission on March&nbsp;3, 2000.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Registrant pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of
the Securities Exchange Act of 1934 (the &#147;Exchange Act&#148;) subsequent to the effective date of this
Registration Statement, prior to the filing of a post-effective amendment to this Registration
Statement indicating that all securities offered hereby have been sold or deregistering all
securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be
a part hereof from the date of filing of such documents. Any statement contained herein or in any
document incorporated or deemed to be incorporated by reference herein shall be deemed to be
modified or superseded for purposes of this Registration Statement to the extent that a statement
contained in any other subsequently filed document which also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed to constitute a part of this Registration Statement, except as so
modified or superseded.

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<P align="left" style="font-size: 10pt"><B>Item&nbsp;4. Description of Securities.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

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<P align="left" style="font-size: 10pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None.

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<P align="left" style="font-size: 10pt"><B>Item&nbsp;6. Indemnification of Officers and Directors.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;78.751 of the General Corporation Law of the State of Nevada contains provisions
entitling directors and officers of a corporation to indemnification from judgments, fines, amounts
paid in settlement, and reasonable expenses, including attorney&#146;s fees, as the result of an action
or proceeding in


<P align="center" style="font-size: 10pt">&nbsp;
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<P align="left" style="font-size: 10pt">which they may be involved by reason of being or having been a director or officer
of the corporation, provided such officers or directors acted in good faith.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As permitted by Section&nbsp;78.751, Article&nbsp;11 of the Registrant&#146;s by-laws provides for
indemnification of directors and officers against certain liabilities. Pursuant to the Registrant&#146;s
by-laws, the Registrant&#146;s officers and directors are indemnified, to the fullest extent available
under Nevada law, against expenses, liabilities and losses actually and reasonably incurred in
connection with threatened, pending or completed proceedings, whether civil, criminal,
administrative or investigative, to which an officer or director is, was or is threatened to be
made a party by reason of the fact that he or she is or was one of the Registrant&#146;s directors or
officers. The Registrant may advance expenses in connection with defending any such proceeding,
provided the indemnified person undertakes to repay any such amounts if it is later determined that
he or she was not entitled to be indemnified by the Registrant.

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<P align="left" style="font-size: 10pt"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

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<P align="left" style="font-size: 10pt"><B>Item&nbsp;8. Exhibits.</B>



<P>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">&nbsp;&nbsp;5.1</TD>
    <TD>Opinion of Rein Evans &#038; Sestanovich LLP</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">23.1&nbsp;&nbsp;</TD>
    <TD>Consent of Weinberg &#038; Company, P.A.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">23.2&nbsp;&nbsp;</TD>
    <TD>Consent of Rein Evans &#038; Sestanovich LLP (included in
Exhibit&nbsp;5.1 to this Registration Statement).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="left">24.1&nbsp;&nbsp;</TD>
    <TD>Powers of Attorney (contained on signature page).</TD>
</TR>

</TABLE>

<!-- link2 "Item&nbsp;9. Undertakings." -->
<DIV align="left"><A NAME="008"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;9. Undertakings.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act
of 1933, as amended (the &#148;1933 Act&#148;);


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;To reflect in the prospectus any facts or events arising after the effective
date of the Registration Statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the information set forth in
the Registration Statement;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;To include any material information with respect to the plan of
distribution not previously disclosed in the Registration Statement or any material change to such
information in the Registration Statement;

<P align="left" style="font-size: 10pt"><I>provided, however</I>, that paragraphs (1)(i) and (1)(ii) do not apply if the information required
to be included in a post-effective amendment by those paragraphs is contained in periodic reports
filed by the Registrant pursuant to Section&nbsp;13 or Section 15(d) of the Exchange Act that are
incorporated by reference in the Registration Statement.



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the 1933 Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes that, for the purposes of determining any
liability under the 1933 Act, each filing of the Registrant&#146;s annual report pursuant to Section
13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee
benefit plan&#146;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by
reference in the Registration Statement shall be deemed to be a new Registration Statement relating
to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial bona fide offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the 1933 Act may be permitted to
directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions,
or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the 1933 Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer or
controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the 1933 Act and will be governed by
the final adjudication of such issue.


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="009"></A></DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In accordance with the requirements of the Securities Act of 1933, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements of filing on Form
S-8 and authorized this registration statement to be signed on its behalf by the undersigned, in
the City of North Hollywood, State of California on January&nbsp;12, 2005.


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>Save the World Air, Inc.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Eugene E. Eichler
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Eugene E. Eichler&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">President and Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and
appoints Edward L. Masry and Eugene E. Eichler, and each of them, as their true and lawful
attorneys-in-fact and agents with full power of substitution and resubstitution, for them and in
their name, place and stead, in any and all capacities, to sign any and all instruments which said
attorneys-in-fact and agents, and any one of them, determine may be necessary or advisable or
required to enable said corporation to comply with the Securities Act of 1933, as amended, and any
rules and regulations or requirements of the Securities and Exchange Commission in connection with
this registration statement, including any and all amendments, (including post-effective
amendments) to this registration statement, and to file the same with all exhibits thereto, and all
documents in connection therewith, with the Securities and Exchange Commission, and to make any and
all state securities law or blue sky filings, granting unto said attorneys-in-fact and agents, full
power and authority to do and perform each and every act and thing requisite or necessary to be
done in and about the premises, as fully to all intents and purposes as they might or could do in
person, hereby ratifying and confirming that said attorneys-in-fact and agents, or any substitute
or substitutes, may lawfully do or cause to be done by virtue hereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In accordance with the requirements of the Securities Act of 1933, this registration statement
was signed by the following persons in the capacities and on the dates stated:

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="45%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">/s/ Edward L. Masry
<HR size="1" noshade color="#000000">
Edward L. Masry, Esq</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chief Executive Officer and
Chairman of the Board (Principal
Executive Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 12, 2005</TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" valign="top">/s/ Eugene E. Eichler
<HR size="1" noshade color="#000000">
Eugene E. Eichler, CPA</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
President, Chief Financial
Officer, Treasurer and Director
(Principal Financial and
Accounting Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 12, 2005</TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" valign="top">/s/ Bruce H. McKinnon
<HR size="1" noshade color="#000000">
Bruce H. McKinnon</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chief Operating Officer,
Executive Vice President and
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 12, 2005</TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" valign="top">/s/ Robert F. Sylk
<HR size="1" noshade color="#000000">
Robert F. Sylk</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Vice President and Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 12, 2005</TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" valign="top">/s/ J. Joseph Brown
<HR size="1" noshade color="#000000">
Hon. J. Joseph Brown, AO</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 12, 2005</TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" valign="top">/s/ John F. Price
<HR size="1" noshade color="#000000">
John F. Price, Ph.D</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 12, 2005</TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" valign="top">/s/ Joseph Helleis
<HR size="1" noshade color="#000000">
Joseph Helleis</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 12, 2005</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>


</BODY>
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sv8
Table of Contents
Registration No. 333-
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
SAVE THE WORLD AIR, INC.
(Exact name of registrant as specified in its charter)
Nevada
52-2088326
(State or other jurisdiction of incorporation
or organization)
(I.R.S. Employer
Identification No.)
5125 Lankershim Boulevard
North Hollywood, CA 91601
(Address of principal executive offices)
Consulting Agreement
(Full title of the plan)
Edward L. Masry, Esq.
Masry & Vititoe
5707 Corsa Avenue, Second Floor
Westlake Village, CA 91362
(Name and address of agent for service)
(818) 991-8900
(Telephone number, including area code, of agent for service)
With a Copy to:
Douglas K. Simpson
Rein Evans & Sestanovich LLP
1925 Century Park East, 16
th
Floor
Los Angeles, CA 90067
(310) 551-3100
Calculation of Registration Fee
Amount to be
Proposed maximum
Proposed maximum
Title of securities to be
registered
offering
aggregate offering
Amount of
registered
(1)
price per share
price
registration fee
Common Stock, par value $0.001 per share(2)
50,000 shares
$1.00
$50,000
$5.89
(1)
The amount of Common Stock registered hereunder shall be deemed to
include any additional shares issuable as a result of any stock
split, stock dividend or other change in the capitalization of the
Registrant.
(2)
Shares of Common Stock that are issuable upon exercise of
outstanding warrants to purchase an aggregate of 50,000 shares of
Common Stock at an exercise price of $1.00 per share.
TABLE OF CONTENTS
PART I INFORMATION REQUIRED IN THE SECTION 10 (a) PROSPECTUS
PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
Item 4. Description of Securities.
Item 5. Interests of Named Experts and Counsel.
Item 6. Indemnification of Officers and Directors.
Item 7. Exemption from Registration Claimed.
Item 8. Exhibits.
Item 9. Undertakings.
SIGNATURES
Exhibit 5.1
Exhibit 23.1
Table of Contents
PART I
INFORMATION REQUIRED IN THE SECTION 10 (a) PROSPECTUS
As permitted by Rule 428 under the Securities Act of 1933, as amended, this Registration
Statement omits the information specified in Part I of Form S-8. The documents constituting Part I
of this Registration Statement will be sent or given to the participant as required by Rule 428(b).
The Registrant is not filing these documents with the Securities and Exchange Commission (the
"Commission") as part of this Registration Statement or as prospectuses or prospectus supplements
pursuant to Rule 424 of the Securities Act.
Copies of the Consulting Agreement (the "Plan"), the Annual Report on Form 10-KSB of Save the
World Air, Inc., a Nevada corporation (the "Registrant"), for the year ended December 31, 2003, all
Quarterly Reports on Form 10-QSB and any Current Reports filed with the Commission during the past
twelve months have been provided to the Plan participant.
The Registrant also undertakes to furnish, without charge, to such participant or persons
purchasing any of the securities registered hereby, copies of all such documentation. Requests
should be directed to Edward L. Masry, Esq. at the address and telephone appearing on the Cover
Page of this Registration Statement.
Additional information regarding the Registrant may be reviewed at the Commission's web site
www.sec.gov, in the Edgar Archives.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents which have been filed with the Commission by the Registrant are
incorporated herein by reference and made a part hereof:
(a) The Registrant's Annual Report on Form 10-K for the fiscal year ended December 31,
2003, filed with the Commission on April 15, 2004;
(b) The following reports filed pursuant to Sections 13(a) or 15(d) of the Securities Act
of 1934 (the "Exchange Act"):
•
Form 10-K for the fiscal year ended December 31, 2002, filed with the
Commission on March 25, 2004;
•
Form 8-K dated May 20, 2004, filed with the Commission on May 21, 2004;
•
Form 8-K dated May 24, 2004, filed with the Commission on May 28, 2004;
•
Form 10-QSB for the fiscal quarter ended March 31, 2003, filed with the
Commission on June 7, 2004;
•
Form 10-QSB for the fiscal quarter ended June 30, 2003, filed with the
Commission on June 7, 2004;
Table of Contents
•
Form 10-QSB for the fiscal quarter ended September 30, 2003, filed with the
Commission on June 7, 2004;
•
Form 10-QSB/A for the fiscal quarter ended March 31, 2003, filed with the
Commission on July 1, 2004;
•
Form 10-QSB/A for the fiscal quarter ended June 30, 2003, filed with the
Commission on July 1, 2004;
•
Form 10-QSB/A for the fiscal quarter ended September 30, 2003, filed with
the Commission on July 1, 2004;
•
Form 10-QSB for the fiscal quarter ended March 31, 2004, filed with the
Commission on July 16, 2004;
•
Form 8-K dated July 1, 2004, filed with the Commission on July 12, 2004;
•
Form 10-QSB for the fiscal quarter ended June 30, 2004, filed with the
Commission on August 23, 2004; and
•
Form 10-QSB for the fiscal quarter ended September 30, 2004, filed with the
Commission on December 6, 2004; and
(c) The description of the Common Stock contained in the Registrant's Form 10-SB, filed with
the Commission on January 27, 2000, as amended by Amendment No. 1 to Form 10-SB, filed with the
Commission on March 2, 2000 and as further amended by Amendment No. 2 to Form 10-SB, filed with the
Commission on March 3, 2000.
All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of
the Securities Exchange Act of 1934 (the "Exchange Act") subsequent to the effective date of this
Registration Statement, prior to the filing of a post-effective amendment to this Registration
Statement indicating that all securities offered hereby have been sold or deregistering all
securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be
a part hereof from the date of filing of such documents. Any statement contained herein or in any
document incorporated or deemed to be incorporated by reference herein shall be deemed to be
modified or superseded for purposes of this Registration Statement to the extent that a statement
contained in any other subsequently filed document which also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed to constitute a part of this Registration Statement, except as so
modified or superseded.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
None.
Item 6. Indemnification of Officers and Directors.
Section 78.751 of the General Corporation Law of the State of Nevada contains provisions
entitling directors and officers of a corporation to indemnification from judgments, fines, amounts
paid in settlement, and reasonable expenses, including attorney's fees, as the result of an action
or proceeding in
Table of Contents
which they may be involved by reason of being or having been a director or officer
of the corporation, provided such officers or directors acted in good faith.
As permitted by Section 78.751, Article 11 of the Registrant's by-laws provides for
indemnification of directors and officers against certain liabilities. Pursuant to the Registrant's
by-laws, the Registrant's officers and directors are indemnified, to the fullest extent available
under Nevada law, against expenses, liabilities and losses actually and reasonably incurred in
connection with threatened, pending or completed proceedings, whether civil, criminal,
administrative or investigative, to which an officer or director is, was or is threatened to be
made a party by reason of the fact that he or she is or was one of the Registrant's directors or
officers. The Registrant may advance expenses in connection with defending any such proceeding,
provided the indemnified person undertakes to repay any such amounts if it is later determined that
he or she was not entitled to be indemnified by the Registrant.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
5.1
Opinion of Rein Evans & Sestanovich LLP
23.1
Consent of Weinberg & Company, P.A.
23.2
Consent of Rein Evans & Sestanovich LLP (included in
Exhibit 5.1 to this Registration Statement).
24.1
Powers of Attorney (contained on signature page).
Item 9. Undertakings.
The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities Act
of 1933, as amended (the "1933 Act");
(ii) To reflect in the prospectus any facts or events arising after the effective
date of the Registration Statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the information set forth in
the Registration Statement;
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the Registration Statement or any material change to such
information in the Registration Statement;
provided, however
, that paragraphs (1)(i) and (1)(ii) do not apply if the information required
to be included in a post-effective amendment by those paragraphs is contained in periodic reports
filed by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are
incorporated by reference in the Registration Statement.
Table of Contents
(2) That, for the purpose of determining any liability under the 1933 Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.
The undersigned Registrant hereby undertakes that, for the purposes of determining any
liability under the 1933 Act, each filing of the Registrant's annual report pursuant to Section
13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee
benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by
reference in the Registration Statement shall be deemed to be a new Registration Statement relating
to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial bona fide offering thereof.
Insofar as indemnification for liabilities arising under the 1933 Act may be permitted to
directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions,
or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the 1933 Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer or
controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the 1933 Act and will be governed by
the final adjudication of such issue.
Table of Contents
SIGNATURES
In accordance with the requirements of the Securities Act of 1933, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements of filing on Form
S-8 and authorized this registration statement to be signed on its behalf by the undersigned, in
the City of North Hollywood, State of California on January 12, 2005.
Save the World Air, Inc.
By:
/s/ Eugene E. Eichler
Name:
Eugene E. Eichler
Title:
President and Chief Financial Officer
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and
appoints Edward L. Masry and Eugene E. Eichler, and each of them, as their true and lawful
attorneys-in-fact and agents with full power of substitution and resubstitution, for them and in
their name, place and stead, in any and all capacities, to sign any and all instruments which said
attorneys-in-fact and agents, and any one of them, determine may be necessary or advisable or
required to enable said corporation to comply with the Securities Act of 1933, as amended, and any
rules and regulations or requirements of the Securities and Exchange Commission in connection with
this registration statement, including any and all amendments, (including post-effective
amendments) to this registration statement, and to file the same with all exhibits thereto, and all
documents in connection therewith, with the Securities and Exchange Commission, and to make any and
all state securities law or blue sky filings, granting unto said attorneys-in-fact and agents, full
power and authority to do and perform each and every act and thing requisite or necessary to be
done in and about the premises, as fully to all intents and purposes as they might or could do in
person, hereby ratifying and confirming that said attorneys-in-fact and agents, or any substitute
or substitutes, may lawfully do or cause to be done by virtue hereof.
In accordance with the requirements of the Securities Act of 1933, this registration statement
was signed by the following persons in the capacities and on the dates stated:
/s/ Edward L. Masry
Edward L. Masry, Esq
Chief Executive Officer and
Chairman of the Board (Principal
Executive Officer)
January 12, 2005
/s/ Eugene E. Eichler
Eugene E. Eichler, CPA
President, Chief Financial
Officer, Treasurer and Director
(Principal Financial and
Accounting Officer)
January 12, 2005
/s/ Bruce H. McKinnon
Bruce H. McKinnon
Chief Operating Officer,
Executive Vice President and
Director
January 12, 2005
/s/ Robert F. Sylk
Robert F. Sylk
Vice President and Director
January 12, 2005
/s/ J. Joseph Brown
Hon. J. Joseph Brown, AO
Director
January 12, 2005
/s/ John F. Price
John F. Price, Ph.D
Director
January 12, 2005
/s/ Joseph Helleis
Joseph Helleis
Director
January 12, 2005