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      Nutracea S-8 7-17-2006
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As
                filed with the Securities and Exchange Commission on July 17,
                2006</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registration
                No. </font></div>
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            <td width="50%" style="border-bottom: black thin solid;">&#160;</td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman"><br><strong>SECURITIES
      AND EXCHANGE COMMISSION</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Washington,
      D.C. 20549</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman"><strong>FORM
      S-8</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>REGISTRATION
      STATEMENT</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>UNDER</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>THE
      SECURITIES ACT OF 1933</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 24pt; FONT-FAMILY: Times New Roman"><strong>NUTRACEA</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
      Name of Registrant as Specified in Its Charter)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
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            <td valign="top" width="44%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>California</strong></font></div>
            </td>
            <td width="4%">&#160;</td>
            <td valign="top" width="44%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>87-0673375</strong></font></div>
            </td>
            <td width="4%">&#160;</td>
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            <td width="4%">&#160;</td>
            <td valign="top" width="44%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                or Other Jurisdiction </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                Incorporation or Organization)</font></div>
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            <td width="4%">&#160;</td>
            <td valign="top" width="44%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(I.R.S.
                Employer&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Identification
                No.)</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>1261
      Hawk&#8217;s Flight Court</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>El
      Dorado Hills, California 95762</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
      of Principal Executive Offices)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>The
      RiceX Company 1997 Stock Option Plan; </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Non-Plan
      options to purchase common stock granted by The RiceX Company; and
</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NutraCea
      2005 Equity Incentive Plan</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Full
      Title of the Plans)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Bradley
      Edson</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Chief
      Executive Officer</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NutraCea
      </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>1261
      Hawk&#8217;s Flight Court</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>El
      Dorado Hills, California 95762</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>(916)
      933-7000</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Name,
      Address and Telephone Number of Agent For Service)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Copies
      to:</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Christopher
      V. Chediak, Esq.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Weintraub
      Genshlea Chediak Law Corporation </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">400
      Capitol Mall, 11</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><sup>th</sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      Floor
</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Sacramento,
      CA 95814</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CALCULATION
      OF REGISTRATION FEE</strong></font><br></div>
    <div>
      <div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td valign="bottom" width="28%" style="border-bottom: black thin solid;">&#160;</td>
                <td valign="bottom" width="13%" style="border-bottom: black thin solid;">&#160;</td>
                <td valign="bottom" width="16%" style="border-bottom: black thin solid;">&#160;</td>
                <td valign="bottom" width="17%" style="border-bottom: black thin solid;">&#160;</td>
                <td valign="bottom" width="11%" style="border-bottom: black thin solid;">&#160;</td>
              </tr>
              <tr>
                <td valign="bottom" width="28%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Title
                    of Securities to be Registered</strong></font></div>
                </td>
                <td valign="bottom" width="13%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Amount
                    </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>to
                    be </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Registered
                    (1)</strong></font></div>
                </td>
                <td valign="bottom" width="16%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Proposed
                    Maximum Offering Price Per Share</strong></font></div>
                </td>
                <td valign="bottom" width="17%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Proposed
                    Maximum Aggregate Offering Price</strong></font></div>
                </td>
                <td valign="bottom" width="11%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Amount
                    of Registration Fee</strong></font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="28%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
                    Stock to be issued under The RiceX Company 1997 Stock Option
                    Plan</font></div>
                </td>
                <td valign="middle" width="13%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6,580,285
                    (2) </font></div>
                </td>
                <td valign="middle" width="16%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$.35
                    (3)</font></div>
                </td>
                <td valign="middle" width="17%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$2,303,099.75</font></div>
                </td>
                <td valign="middle" width="11%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$246.43</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="28%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
                    Stock to be issued upon exercise of non-plan options granted
                    by The RiceX
                    Company </font></div>
                </td>
                <td valign="middle" width="13%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;321,783
                    (4) </font></div>
                </td>
                <td valign="middle" width="16%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$.50
                    (3)</font></div>
                </td>
                <td valign="middle" width="17%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$160,891.50</font></div>
                </td>
                <td valign="middle" width="11%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$17.22</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="28%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
                    Stock to be issued under the Registrant&#8217;s 2005 Equity Incentive
                    Plan</font></div>
                </td>
                <td valign="middle" width="13%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10,000,000
                    (5) </font></div>
                </td>
                <td valign="middle" width="16%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$.95
                    (6)</font></div>
                </td>
                <td valign="middle" width="17%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$
                    9,500,000</font></div>
                </td>
                <td valign="middle" width="11%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$1,016.5
                    </font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: -27pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left">&#160;</div>
    <div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
                  to Rule 416(a), this Registration Statement also covers any additional
                  securities that may be offered or issued in connection with any
                  stock
                  split, stock dividend or similar
                  transaction.</font></div>
              </td>
            </tr>

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            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 18pt;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Represents
                  shares issuable upon exercise of outstanding stock options granted
                  under
                  The RiceX Company 1997 Stock Option Plan, as amended, which were
                  assumed
                  by the Registrant on October 4, 2005, pursuant to an Agreement
                  and Plan of
                  Merger and Reorganization among the Registrant, Red Acquisition
                  Corporation and The RiceX Company. </font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 18pt;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(3)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Estimated
                  solely for the purpose of computing the amount of registration
                  fee
                  pursuant to Rule 457(h) under the Securities Act of 1933, as amended,
                  based on the weighted average exercise price of the outstanding
                  options.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 18pt;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(4)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Represents
                  shares issuable upon exercise of outstanding non-plan stock options
                  granted by the RiceX Company, which were assumed by the Registrant
                  on
                  October 4, 2005, pursuant to an Agreement and Plan of Merger and
                  Reorganization among the Registrant, Red Acquisition Corporation
                  and The
                  RiceX Company. </font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 18pt;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(5)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Represents
                  shares that are reserved for issuance under the Registrant&#8217;s 2005 Equity
                  Incentive Plan.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: -18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 18pt;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(6)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Estimated
                  pursuant to Rule 457(c) under the Securities Act of 1933, as amended,
                  based on the average of the high and low prices per share of the
                  common
                  stock of the Registrant on July 14, 2006, as reported on the OTC
                  Bulletin
                  Board on July 14, 2006. </font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PART
      II</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>INFORMATION
      REQUIRED IN THE REGISTRATION STATEMENT</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      3.&#160;&#160; INFORMATION INCORPORATED BY REFERENCE.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NutraCea
      (the &#8220;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><em>Registrant</em></strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8221;)
      hereby
      incorporates by reference into this Registration Statement the following
      documents and information previously filed with the Securities and Exchange
      Commission (&#8220;Commission&#8221;):</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><br></font>
            <div>
              <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                  <tr valign="top" style="line-height: 1.25;">
                    <td style="width: 36pt;">&#160;</td>
                    <td style="width: 18pt;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)</font></div>
                    </td>
                    <td>
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                        Registrant&#8217;s Annual Report on Form 10-KSB for the fiscal year ended
                        December 31,
                        2005.</font></div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
        </div>
      </div>
      <div>&#160;</div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 36pt;">&#160;</td>
              <td style="width: 18pt;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
                  other reports filed pursuant to Section 13(a) or 15(d) of the Securities
                  Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), since the end of
                  the fiscal year covered by the annual report referred to in (a)
                  above.
                  </font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 90pt; TEXT-INDENT: -54pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 36pt;">&#160;</td>
              <td style="width: 18pt;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                  description of the Registrant&#8217;s Common Stock contained in the Registrant&#8217;s
                  registration statement on Form 10-SB filed with the Commission
                  on April
                  19, 2001 under Section 12 of the Exchange Act, including any amendment
                  or
                  report filed for the purpose of updating such
                  description.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 54pt; TEXT-INDENT: -18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 36pt;">&#160;</td>
              <td style="width: 18pt;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
                  documents that we subsequently file under Sections 13(a), 13(c),
                  14 and
                  15(d) of the Exchange Act before we file a post-effective amendment
                  which
                  indicates that all securities offered have been sold or which deregisters
                  all securities then remaining unsold, shall be deemed to be incorporated
                  by reference in this Registration Statement and to be a part hereof
                  from
                  the date of filing of such documents, except as to specific sections
                  of
                  such statements as set forth therein. Unless expressly incorporated
                  into
                  this Registration Statement, a report furnished on Form 8-K prior
                  or
                  subsequent to the date hereof, shall not be incorporated by reference
                  into
                  this Registration Statement. </font></div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Any
      statement incorporated herein shall be deemed to be modified or superseded
      for
      the purposes of this Registration Statement to the extent that a statement
      contained herein or in any other subsequently filed document that 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,
      except as so modified or superseded, to constitute a part of this Registration
      Statement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: -36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      4.&#160;&#160; DESCRIPTION OF SECURITIES.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      5.&#160;&#160; INTERESTS OF NAMED EXPERTS AND COUNSEL</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      applicable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: -36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      6.&#160;&#160; INDEMNIFICATION OF DIRECTORS AND OFFICERS.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      204 of the California General Corporation Law provides that a corporation may,
      in its Articles of Incorporation, eliminate or limit the personal liability
      of a
      director for monetary damages in an action brought by or in the name of the
      corporation for a breach of a director's duties to the corporation except to
      the
      extent that the liability arises from intentional misconduct or knowing
      violation of law, actions contrary to the best interests of the corporation
      or
      involving the absence of good faith, transactions in which a director receives
      an improper benefit, actions that violate the director's duty of care, or
      actions for which directors have personal liability under the California General
      Corporation Law.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      317 of the California General Corporation Law provides that a corporation has
      the power to indemnify any person who was or is a party or is threatened to
      be
      made a party to any proceeding if such person acted in good faith and in a
      manner the person reasonably believed to be in the best interest of the
      corporation. If the proceeding is a criminal proceeding the person to be
      indemnified must also have had no reasonable cause to believe that such person's
      conduct was unlawful. Such indemnity may be granted by the corporation if the
      person is successful in the defense of the matter or if it is determined that
      such indemnity is proper by a quorum of directors that are not involved in
      such
      proceeding, by an independent counsel in a written opinion, by a majority of
      the
      shareholders, or the court in which such proceeding is pending.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company has adopted provisions in its Articles of Incorporation and Bylaws
      to
      limit the liability of directors and provide indemnity to the full extent
      permitted by the California General Corporation Law. Such provisions are
      sufficiently broad to permit the indemnification of such persons in certain
      circumstances against liabilities arising under the Securities
      Act.</font></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Insofar
      as indemnification for liabilities arising under the Securities Act of 1933,
      as
      amended (the &#8220;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><em>Securities
      Act</em></strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8221;)
      may be
      permitted to our directors and officers, and to persons controlling our company
      pursuant to the foregoing provisions, we have been informed that in the opinion
      of the Securities and Exchange Commission, such indemnification is against
      public policy as expressed in the Securities Act and is therefore
      unenforceable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Registrant also maintains a director and officer liability insurance
      policy.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: -36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      7.&#160;&#160; EXEMPTION FROM REGISTRATION CLAIMED.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      applicable. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: -36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
      8.&#160;&#160; EXHIBITS.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      following documents are filed as exhibits to this registration
      statement:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><br>
      <div align="left">
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibit
                  No</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.</font></div>
              </td>
              <td align="left" valign="top" width="5%" style="border-bottom: #ffffff solid;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
                </td>
              <td align="left" valign="top" width="77%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 81pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Description</font></div>
              </td>
              <td align="left" valign="top" width="10%" style="border-bottom: #ffffff solid;">&#160;</td>
            </tr>
            <tr>
              <td align="justify" valign="top" width="8%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
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                  and Amended Articles of Incorporation as filed with the Secretary
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                  reference to Exhibit 3.3 to Registrant&#8217;s Annual Report on Form 10-KSB
                  filed with the Commission on April 16, 2002).</font></div>
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              <td align="justify" valign="top" width="77%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
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              <td align="left" valign="top" width="8%">
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                  of Amendment of Articles of Incorporation as filed with the Secretary
                  of
                  State of California on August 4, 2003 (incorporated herein by reference
                  to
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
              </td>
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                  of Amendment of Articles of Incorporation as filed with the Secretary
                  of
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                  reference
                  to exhibits previously filed on Registrant&#8217;s Quarterly Report on Form
                  10-QSB, filed on November 19, 2003).</font></div>
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              <td align="left" valign="top" width="10%">&#160;</td>
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              <td align="left" valign="top" width="77%">&#160;</td>
              <td align="left" valign="top" width="10%">&#160;</td>
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            <tr>
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                  of Amendment of Articles of Incorporation as filed with the Secretary
                  of
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                  by
                  reference to Exhibit 3.03 to Registrant&#8217;s Form SB-2 filed with the
                  Commission on November 21, 2005).</font></div>
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              <td align="left" valign="top" width="10%">&#160;</td>
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              </td>
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              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">
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                  Bylaws, as amended (incorporated herein by reference to Exhibit
                  3.05 to
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                  2006).</font></div>
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              <td align="left" valign="top" width="10%">&#160;</td>
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            <tr>
              <td align="left" valign="top" width="8%">&#160;</td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
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              <td align="left" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.06</font></div>
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              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">
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                  RiceX Company 1997 Stock Option Plan (incorporated herein by reference
                  to
                  The RiceX Company&#8217;s Registration Statement on Form 10-SB, filed on May 18,
                  1998). </font></div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">&#160;</td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">&#160;</td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.07</font></div>
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              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">
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                  Registrant&#8217;s 2005 Equity Incentive Plan (incorporated herein by reference
                  to Exhibit 10.02 to Registrant&#8217;s Form SB-2 filed with the Commission on
                  November 21, 2005).</font></div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">&#160;</td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">&#160;</td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.01</font></div>
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              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Opinion
                  of Weintraub Genshlea Chediak Law Corporation.</font></div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">&#160;</td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">&#160;</td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23.01</font></div>
              </td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consent
                  of Malone &amp; Bailey, PC, Certified Public Accountants.</font></div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">&#160;</td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">&#160;</td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23.02</font></div>
              </td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">
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                  of Weintraub Genshlea Chediak Law Corporation (included in Exhibit
                  5.01).</font></div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">&#160;</td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">&#160;</td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">24.01</font></div>
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              <td align="left" valign="top" width="77%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Power
                  of Attorney (see signature page).</font></div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">&#160;</td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">&#160;</td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">
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                  of Option Assumption Agreement between the Registrant and option
                  holders
                  relating to assumed stock options granted pursuant to The RiceX
                  Company
                  1997 Stock Option Plan (incorporated herein by reference to Exhibit
                  10.45
                  to Registrant&#8217;s Form SB-2 filed with the Commission on November 21,
                  2005).</font></div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="8%">&#160;</td>
              <td align="left" valign="top" width="5%">&#160;</td>
              <td align="left" valign="top" width="77%">&#160;</td>
              <td align="left" valign="top" width="10%">&#160;</td>
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                  of Option Assumption Agreement between Registrant and option holders
                  relating to assumed non-plan stock options granted by The RiceX
                  Company
                  (incorporated herein by reference to Exhibit 10.46 to Registrant&#8217;s Form
                  SB-2 filed with the Commission on November 21, 2005).</font></div>
              </td>
              <td align="left" valign="top" width="10%">&#160;</td>
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        </table>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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        <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ITEM
          9.&#160;&#160; </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>UNDERTAKINGS.</strong></font></div>
      </div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 9pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      undersigned Registrant hereby undertakes:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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; (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 in the
      Registration Statement; and (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 (i) and (ii) do not apply if the information
      required to be included in a post-effective amendment thereby 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 into the Registration
      Statement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">That,
      for
      the purpose of determining any liability under the Securities 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.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(3)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(4)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">That,
      for
      purposes of determining any liability under the Securities Act, each filing
      of
      the Registrant&#8217;s annual report pursuant to Section 13(a) or Section 15(d) of the
      Exchange Act that is incorporated by reference in this 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.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 108pt; TEXT-INDENT: -108pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Insofar
      as indemnification for liabilities arising under the Securities Act may be
      permitted to directors, officers and controlling persons of the Registrant
      pursuant to the provisions described under Item 6 above, 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
      Securities 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 Securities
      Act and will be governed by the final adjudication of such
      issue.</font></div><br>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">3</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
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        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
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      to 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
      for
      filing on Form S-8 and has duly caused this Registration Statement to be signed
      on its behalf by the undersigned, thereunto duly authorized, in the City of
      Sacramento, State of California, on this 14th day of July, 2006.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div align="left">
      <table border="0" cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="50%">&#160;</td>
            <td align="left" colspan="2" valign="top" width="40%">
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            </td>
            <td align="left" valign="top" width="10%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="50%">&#160;</td>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="36%">&#160;</td>
            <td align="left" valign="top" width="10%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="50%">&#160;</td>
            <td align="left" valign="top" width="4%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:</font></div>
            </td>
            <td align="left" valign="top" width="36%" style="border-bottom: black thin solid;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
                Bradley Edson</font></div>
            </td>
            <td align="left" valign="top" width="10%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="50%">&#160;</td>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="36%">
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          </tr>
          <tr>
            <td align="left" valign="top" width="50%">&#160;</td>
            <td align="left" valign="top" width="4%">&#160;</td>
            <td align="left" valign="top" width="36%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">President
                and Chief Executive Officer</font></div>
            </td>
            <td align="left" valign="top" width="10%">&#160;</td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">4</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>POWER
      OF ATTORNEY</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">KNOW
      ALL
      BY THESE PRESENTS that each individual whose signature appears below constitutes
      and appoints Bradley Edson and Todd C. Crow, and each of them, his
      attorneys-in-fact, and agents, each with the power of substitution, for him
      and
      in his name, place and stead, in any and all capacities, to sign 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, granting unto said
      attorneys-in-fact and agents, and each of them, full power and authority to
      do
      and perform each and every act and thing requisite and necessary to be done
      in
      and about the premises, as fully to all intents and purposes as he might or
      could do in person, hereby ratifying and confirming all that said
      attorneys-in-fact and agents or any of them, or his or their substitute or
      substitutes, may lawfully do or cause to be done by virtue hereof. This Power
      of
      Attorney may be signed in one or more counterparts. </font></div>
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      to the requirements of the Securities Act of 1933, this Registration Statement
      has been signed by the following persons in the capacities and on the dates
      indicated.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div align="left">
      <div>
        <div align="left">
          <table border="0" cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Signature</font></div>
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                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
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                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
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              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
                    Bradley Edson</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">
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                    Chief Executive Officer</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">July
                    17, 2006</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Bradley
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                <td align="left" valign="top" width="32%">
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                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
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                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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                    Todd C. Crow</font></div>
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                    14, 2006</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
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                    David Bensol</font></div>
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                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="32%">
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                    14, 2006</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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                    Eliot Drell</font></div>
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</td>
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</td>
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              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="32%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
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                    James C. Lintzenich</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
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                </td>
              </tr>
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                <td align="left" valign="top" width="32%">
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              <tr>
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              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
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                <td align="left" valign="top" width="2%" style="border-bottom: #ffffff solid;">&#160;
</td>
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              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
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                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="2%">&#160;</td>
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                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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                <td align="left" valign="top" width="32%" style="border-bottom: black thin solid;">
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                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
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                <td align="left" valign="top" width="2%">&#160;</td>
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                    14, 2006</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="32%">
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="32%">&#160;</td>
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        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
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      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">5</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
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        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>EXHIBIT
      INDEX</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

          <tr valign="top" style="line-height: 1.25;">
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                No</u></strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>.</strong></font></div>
            </td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Description</u></strong></font></div>
            </td>
          </tr>

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      following documents are filed as exhibits to this registration
      statement:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left">&#160;</div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left">
        <div align="left">
          <table cellpadding="0" cellspacing="0" width="100%">

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                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
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                    No</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.</font></div>
                </td>
                <td align="left" valign="top" width="5%" style="border-bottom: #ffffff solid;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
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                <td align="left" valign="top" width="77%" style="border-bottom: black thin solid;">
                  <div style="DISPLAY: block; MARGIN-LEFT: 81pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Description</font></div>
                </td>
                <td align="left" valign="top" width="10%" style="border-bottom: #ffffff solid;">&#160;</td>
              </tr>
              <tr>
                <td align="justify" valign="top" width="8%">&#160;</td>
                <td align="justify" valign="top" width="5%">&#160;</td>
                <td align="justify" valign="top" width="77%">&#160;</td>
                <td align="justify" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
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                </td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
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                    and Amended Articles of Incorporation as filed with the Secretary
                    of State
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                    reference to Exhibit 3.3 to Registrant&#8217;s Annual Report on Form 10-KSB
                    filed with the Commission on April 16, 2002).</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="justify" valign="top" width="8%">&#160;</td>
                <td align="justify" valign="top" width="5%">&#160;</td>
                <td align="justify" valign="top" width="77%">&#160;</td>
                <td align="justify" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
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                </td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
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                    of Amendment of Articles of Incorporation as filed with the Secretary
                    of
                    State of California on August 4, 2003 (incorporated herein by
                    reference to
                    Exhibit 3.01.1 to Registrant&#8217;s Form SB-2 filed with the Commission on
                    November 21, 2005).</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="justify" valign="top" width="8%">&#160;</td>
                <td align="justify" valign="top" width="5%">&#160;</td>
                <td align="justify" valign="top" width="77%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
                </td>
                <td align="justify" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
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                    of Amendment of Articles of Incorporation as filed with the Secretary
                    of
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                    by reference
                    to exhibits previously filed on Registrant&#8217;s Quarterly Report on Form
                    10-QSB, filed on November 19, 2003).</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
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                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
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                    of Amendment of Articles of Incorporation as filed with the Secretary
                    of
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                    by
                    reference to Exhibit 3.03 to Registrant&#8217;s Form SB-2 filed with the
                    Commission on November 21, 2005).</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
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                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
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                    3.05 to
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                    2006).</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.06</font></div>
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                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
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                    reference to
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                    1998). </font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.07</font></div>
                </td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Registrant&#8217;s 2005 Equity Incentive Plan (incorporated herein by reference
                    to Exhibit 10.02 to Registrant&#8217;s Form SB-2 filed with the Commission on
                    November 21, 2005).</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><a href="ex5_01.htm">5.01</a></font></div>
                </td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Opinion
                    of Weintraub Genshlea Chediak Law Corporation.</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><a href="ex23_01.htm">23.01</a></font></div>
                </td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consent
                    of Malone &amp; Bailey, PC, Certified Public Accountants.</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23.02</font></div>
                </td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consent
                    of Weintraub Genshlea Chediak Law Corporation (included in Exhibit
                    5.01).</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">24.01</font></div>
                </td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Power
                    of Attorney (see signature page).</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="77%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="8%">
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                    of Option Assumption Agreement between the Registrant and option
                    holders
                    relating to assumed stock options granted pursuant to The RiceX
                    Company
                    1997 Stock Option Plan (incorporated herein by reference to Exhibit
                    10.45
                    to Registrant&#8217;s Form SB-2 filed with the Commission on November 21,
                    2005).</font></div>
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                <td align="left" valign="top" width="10%">&#160;</td>
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                <td align="left" valign="top" width="77%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
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                    of Option Assumption Agreement between Registrant and option
                    holders
                    relating to assumed non-plan stock options granted by The RiceX
                    Company
                    (incorporated herein by reference to Exhibit 10.46 to Registrant&#8217;s Form
                    SB-2 filed with the Commission on November 21, 2005).</font></div>
                </td>
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[{"type": "S-8", "sequence": "1", "filename": "forms-8.htm", "description": "NUTRACEA S-8 7-17-2006", "secsgml_size_bytes": 131958}]
{"company-data": {"conformed-name": "NUTRACEA", "cik": "0001063537", "assigned-sic": "2040", "irs-number": "870673375", "state-of-incorporation": "CA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-135814", "film-number": "06965478"}, "business-address": {"street1": "1261 HAWK'S FLIGHT", "city": "EL DORADO HILLS", "state": "CA", "zip": "95762", "phone": "9169337000"}, "mail-address": {"street1": "1261 HAWK'S FLIGHT", "city": "EL DORADO HILLS", "state": "CA", "zip": "95762"}, "former-company": [{"former-conformed-name": "NUTRASTAR INC", "date-changed": "20011221"}, {"former-conformed-name": "ALLIANCE CONSUMER INTERNATIONAL INC", "date-changed": "20010418"}]}
Nutracea S-8 7-17-2006
As
                filed with the Securities and Exchange Commission on July 17,
                2006
Registration
                No.
SECURITIES
      AND EXCHANGE COMMISSION
Washington,
      D.C. 20549
FORM
      S-8
REGISTRATION
      STATEMENT
UNDER
THE
      SECURITIES ACT OF 1933
NUTRACEA
(Exact
      Name of Registrant as Specified in Its Charter)
California
87-0673375
(State
                or Other Jurisdiction
of
                Incorporation or Organization)
(I.R.S.
                Employer
Identification
                No.)
1261
      Hawk's Flight Court
El
      Dorado Hills, California 95762
(Address
      of Principal Executive Offices)
The
      RiceX Company 1997 Stock Option Plan;
Non-Plan
      options to purchase common stock granted by The RiceX Company; and
NutraCea
      2005 Equity Incentive Plan
(Full
      Title of the Plans)
Bradley
      Edson
Chief
      Executive Officer
NutraCea
1261
      Hawk's Flight Court
El
      Dorado Hills, California 95762
(916)
      933-7000
(Name,
      Address and Telephone Number of Agent For Service)
Copies
      to:
Christopher
      V. Chediak, Esq.
Weintraub
      Genshlea Chediak Law Corporation
400
      Capitol Mall, 11
th
Floor
Sacramento,
      CA 95814
CALCULATION
      OF REGISTRATION FEE
Title
                    of Securities to be Registered
Amount
to
                    be
Registered
                    (1)
Proposed
                    Maximum Offering Price Per Share
Proposed
                    Maximum Aggregate Offering Price
Amount
                    of Registration Fee
Common
                    Stock to be issued under The RiceX Company 1997 Stock Option
                    Plan
6,580,285
                    (2)
$.35
                    (3)
$2,303,099.75
$246.43
Common
                    Stock to be issued upon exercise of non-plan options granted
                    by The RiceX
                    Company
321,783
                    (4)
$.50
                    (3)
$160,891.50
$17.22
Common
                    Stock to be issued under the Registrant's 2005 Equity Incentive
                    Plan
10,000,000
                    (5)
$.95
                    (6)
$
                    9,500,000
$1,016.5
(1)
Pursuant
                  to Rule 416(a), this Registration Statement also covers any additional
                  securities that may be offered or issued in connection with any
                  stock
                  split, stock dividend or similar
                  transaction.
(2)
Represents
                  shares issuable upon exercise of outstanding stock options granted
                  under
                  The RiceX Company 1997 Stock Option Plan, as amended, which were
                  assumed
                  by the Registrant on October 4, 2005, pursuant to an Agreement
                  and Plan of
                  Merger and Reorganization among the Registrant, Red Acquisition
                  Corporation and The RiceX Company.
(3)
Estimated
                  solely for the purpose of computing the amount of registration
                  fee
                  pursuant to Rule 457(h) under the Securities Act of 1933, as amended,
                  based on the weighted average exercise price of the outstanding
                  options.
(4)
Represents
                  shares issuable upon exercise of outstanding non-plan stock options
                  granted by the RiceX Company, which were assumed by the Registrant
                  on
                  October 4, 2005, pursuant to an Agreement and Plan of Merger and
                  Reorganization among the Registrant, Red Acquisition Corporation
                  and The
                  RiceX Company.
(5)
Represents
                  shares that are reserved for issuance under the Registrant's 2005 Equity
                  Incentive Plan.
(6)
Estimated
                  pursuant to Rule 457(c) under the Securities Act of 1933, as amended,
                  based on the average of the high and low prices per share of the
                  common
                  stock of the Registrant on July 14, 2006, as reported on the OTC
                  Bulletin
                  Board on July 14, 2006.
PART
      II
INFORMATION
      REQUIRED IN THE REGISTRATION STATEMENT
ITEM
      3.   INFORMATION INCORPORATED BY REFERENCE.
NutraCea
      (the "
Registrant
")
      hereby
      incorporates by reference into this Registration Statement the following
      documents and information previously filed with the Securities and Exchange
      Commission ("Commission"):
(a)
The
                        Registrant's Annual Report on Form 10-KSB for the fiscal year ended
                        December 31,
                        2005.
(b)
All
                  other reports filed pursuant to Section 13(a) or 15(d) of the Securities
                  Exchange Act of 1934, as amended (the "Exchange Act"), since the end of
                  the fiscal year covered by the annual report referred to in (a)
                  above.
(c)
The
                  description of the Registrant's Common Stock contained in the Registrant's
                  registration statement on Form 10-SB filed with the Commission
                  on April
                  19, 2001 under Section 12 of the Exchange Act, including any amendment
                  or
                  report filed for the purpose of updating such
                  description.
(d)
All
                  documents that we subsequently file under Sections 13(a), 13(c),
                  14 and
                  15(d) of the Exchange Act before we file a post-effective amendment
                  which
                  indicates that all securities offered have been sold or which deregisters
                  all securities then remaining unsold, shall be deemed to be incorporated
                  by reference in this Registration Statement and to be a part hereof
                  from
                  the date of filing of such documents, except as to specific sections
                  of
                  such statements as set forth therein. Unless expressly incorporated
                  into
                  this Registration Statement, a report furnished on Form 8-K prior
                  or
                  subsequent to the date hereof, shall not be incorporated by reference
                  into
                  this Registration Statement.
Any
      statement incorporated herein shall be deemed to be modified or superseded
      for
      the purposes of this Registration Statement to the extent that a statement
      contained herein or in any other subsequently filed document that 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,
      except as so modified or superseded, to constitute a part of this Registration
      Statement.
ITEM
      4.   DESCRIPTION OF SECURITIES.
Not
      applicable.
ITEM
      5.   INTERESTS OF NAMED EXPERTS AND COUNSEL
.
Not
      applicable.
ITEM
      6.   INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Section
      204 of the California General Corporation Law provides that a corporation may,
      in its Articles of Incorporation, eliminate or limit the personal liability
      of a
      director for monetary damages in an action brought by or in the name of the
      corporation for a breach of a director's duties to the corporation except to
      the
      extent that the liability arises from intentional misconduct or knowing
      violation of law, actions contrary to the best interests of the corporation
      or
      involving the absence of good faith, transactions in which a director receives
      an improper benefit, actions that violate the director's duty of care, or
      actions for which directors have personal liability under the California General
      Corporation Law.
Section
      317 of the California General Corporation Law provides that a corporation has
      the power to indemnify any person who was or is a party or is threatened to
      be
      made a party to any proceeding if such person acted in good faith and in a
      manner the person reasonably believed to be in the best interest of the
      corporation. If the proceeding is a criminal proceeding the person to be
      indemnified must also have had no reasonable cause to believe that such person's
      conduct was unlawful. Such indemnity may be granted by the corporation if the
      person is successful in the defense of the matter or if it is determined that
      such indemnity is proper by a quorum of directors that are not involved in
      such
      proceeding, by an independent counsel in a written opinion, by a majority of
      the
      shareholders, or the court in which such proceeding is pending.
The
      Company has adopted provisions in its Articles of Incorporation and Bylaws
      to
      limit the liability of directors and provide indemnity to the full extent
      permitted by the California General Corporation Law. Such provisions are
      sufficiently broad to permit the indemnification of such persons in certain
      circumstances against liabilities arising under the Securities
      Act.
1
Insofar
      as indemnification for liabilities arising under the Securities Act of 1933,
      as
      amended (the "
Securities
      Act
")
      may be
      permitted to our directors and officers, and to persons controlling our company
      pursuant to the foregoing provisions, we have been informed that in the opinion
      of the Securities and Exchange Commission, such indemnification is against
      public policy as expressed in the Securities Act and is therefore
      unenforceable.
The
      Registrant also maintains a director and officer liability insurance
      policy.
ITEM
      7.   EXEMPTION FROM REGISTRATION CLAIMED.
Not
      applicable.
ITEM
      8.   EXHIBITS.
The
      following documents are filed as exhibits to this registration
      statement:
Exhibit
                  No
.
Description
4.01
Restated
                  and Amended Articles of Incorporation as filed with the Secretary
                  of State
                  of California as of December 13, 2001 (incorporated herein by
                  reference to Exhibit 3.3 to Registrant's Annual Report on Form 10-KSB
                  filed with the Commission on April 16, 2002).
4.02
Certificate
                  of Amendment of Articles of Incorporation as filed with the Secretary
                  of
                  State of California on August 4, 2003 (incorporated herein by reference
                  to
                  Exhibit 3.01.1 to Registrant's Form SB-2 filed with the Commission on
                  November 21, 2005).
4.03
Certificate
                  of Amendment of Articles of Incorporation as filed with the Secretary
                  of
                  State of California on October 31, 2003 (incorporated herein by
                  reference
                  to exhibits previously filed on Registrant's Quarterly Report on Form
                  10-QSB, filed on November 19, 2003).
4.04
Certificate
                  of Amendment of Articles of Incorporation as filed with the Secretary
                  of
                  State of California on September 29, 2005 (incorporated herein
                  by
                  reference to Exhibit 3.03 to Registrant's Form SB-2 filed with the
                  Commission on November 21, 2005).
4.05
Registrant's
                  Bylaws, as amended (incorporated herein by reference to Exhibit
                  3.05 to
                  Registrant's Form SB-2 filed with the Commission on June 12,
                  2006).
4.06
The
                  RiceX Company 1997 Stock Option Plan (incorporated herein by reference
                  to
                  The RiceX Company's Registration Statement on Form 10-SB, filed on May 18,
                  1998).
4.07
The
                  Registrant's 2005 Equity Incentive Plan (incorporated herein by reference
                  to Exhibit 10.02 to Registrant's Form SB-2 filed with the Commission on
                  November 21, 2005).
5.01
Opinion
                  of Weintraub Genshlea Chediak Law Corporation.
23.01
Consent
                  of Malone & Bailey, PC, Certified Public Accountants.
23.02
Consent
                  of Weintraub Genshlea Chediak Law Corporation (included in Exhibit
                  5.01).
24.01
Power
                  of Attorney (see signature page).
99.01
Form
                  of Option Assumption Agreement between the Registrant and option
                  holders
                  relating to assumed stock options granted pursuant to The RiceX
                  Company
                  1997 Stock Option Plan (incorporated herein by reference to Exhibit
                  10.45
                  to Registrant's Form SB-2 filed with the Commission on November 21,
                  2005).
99.02
Form
                  of Option Assumption Agreement between Registrant and option holders
                  relating to assumed non-plan stock options granted by The RiceX
                  Company
                  (incorporated herein by reference to Exhibit 10.46 to Registrant's Form
                  SB-2 filed with the Commission on November 21, 2005).
2
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; (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 in the
      Registration Statement; and (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 (i) and (ii) do not apply if the information
      required to be included in a post-effective amendment thereby 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 into the Registration
      Statement.
(2)
That,
      for
      the purpose of determining any liability under the Securities 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.
(4)
That,
      for
      purposes of determining any liability under the Securities Act, each filing
      of
      the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
      Exchange Act that is incorporated by reference in this 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 Securities Act may be
      permitted to directors, officers and controlling persons of the Registrant
      pursuant to the provisions described under Item 6 above, 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
      Securities 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 Securities
      Act and will be governed by the final adjudication of such
      issue.
3
SIGNATURES
Pursuant
      to 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
      for
      filing on Form S-8 and has duly caused this Registration Statement to be signed
      on its behalf by the undersigned, thereunto duly authorized, in the City of
      Sacramento, State of California, on this 14th day of July, 2006.
NUTRACEA
By:
/s/
                Bradley Edson
Bradley
                Edson
President
                and Chief Executive Officer
4
POWER
      OF ATTORNEY
KNOW
      ALL
      BY THESE PRESENTS that each individual whose signature appears below constitutes
      and appoints Bradley Edson and Todd C. Crow, and each of them, his
      attorneys-in-fact, and agents, each with the power of substitution, for him
      and
      in his name, place and stead, in any and all capacities, to sign 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, granting unto said
      attorneys-in-fact and agents, and each of them, full power and authority to
      do
      and perform each and every act and thing requisite and necessary to be done
      in
      and about the premises, as fully to all intents and purposes as he might or
      could do in person, hereby ratifying and confirming all that said
      attorneys-in-fact and agents or any of them, or his or their substitute or
      substitutes, may lawfully do or cause to be done by virtue hereof. This Power
      of
      Attorney may be signed in one or more counterparts.
Pursuant
      to the requirements of the Securities Act of 1933, this Registration Statement
      has been signed by the following persons in the capacities and on the dates
      indicated.
Signature
Title
Date
Principal
                    Executive Officer:
/s/
                    Bradley Edson
President,
                    Chief Executive Officer
July
                    17, 2006
Bradley
                    Edson
and
                    a Director
Principal
                    Financial Officer
and
                    Principal Accounting Officer:
/s/
                    Todd C. Crow
Vice
                    President, Finance and
July
                    14, 2006
Todd
                    C. Crow
Chief
                    Financial Officer
Additional
                    Directors:
/s/
                    David Bensol
Director
July
                    14, 2006
David
                    Bensol
/s/
                    Eliot Drell
Director
July
                  14, 2006
Eliot
                    Drell
/s/
                    James C. Lintzenich
Director
July
                    14, 2006
James
                    C. Lintzenich
/s/
                    Edward L. McMillan
Director
July
                    14, 2006
Edward
                    L. McMillan
/s/
                    Patricia McPeak
Director
July
                  17, 2006
Patricia
                    McPeak
/s/
                    Steven W. Saunders
Director
July
                    14, 2006
Steven
                    W. Saunders
/s/
                    Kenneth L. Shropshire
Director
July
                    14, 2006
Kenneth
                    L. Shropshire
5
EXHIBIT
      INDEX
Exhibit
                No
.
Description
The
      following documents are filed as exhibits to this registration
      statement:
Exhibit
                    No
.
Description
4.01
Restated
                    and Amended Articles of Incorporation as filed with the Secretary
                    of State
                    of California as of December 13, 2001 (incorporated herein by
                    reference to Exhibit 3.3 to Registrant's Annual Report on Form 10-KSB
                    filed with the Commission on April 16, 2002).
4.02
Certificate
                    of Amendment of Articles of Incorporation as filed with the Secretary
                    of
                    State of California on August 4, 2003 (incorporated herein by
                    reference to
                    Exhibit 3.01.1 to Registrant's Form SB-2 filed with the Commission on
                    November 21, 2005).
4.03
Certificate
                    of Amendment of Articles of Incorporation as filed with the Secretary
                    of
                    State of California on October 31, 2003 (incorporated herein
                    by reference
                    to exhibits previously filed on Registrant's Quarterly Report on Form
                    10-QSB, filed on November 19, 2003).
4.04
Certificate
                    of Amendment of Articles of Incorporation as filed with the Secretary
                    of
                    State of California on September 29, 2005 (incorporated herein
                    by
                    reference to Exhibit 3.03 to Registrant's Form SB-2 filed with the
                    Commission on November 21, 2005).
4.05
Registrant's
                    Bylaws, as amended (incorporated herein by reference to Exhibit
                    3.05 to
                    Registrant's Form SB-2 filed with the Commission on June 12,
                    2006).
4.06
The
                    RiceX Company 1997 Stock Option Plan (incorporated herein by
                    reference to
                    The RiceX Company's Registration Statement on Form 10-SB, filed on May 18,
                    1998).
4.07
The
                    Registrant's 2005 Equity Incentive Plan (incorporated herein by reference
                    to Exhibit 10.02 to Registrant's Form SB-2 filed with the Commission on
                    November 21, 2005).
5.01
Opinion
                    of Weintraub Genshlea Chediak Law Corporation.
23.01
Consent
                    of Malone & Bailey, PC, Certified Public Accountants.
23.02
Consent
                    of Weintraub Genshlea Chediak Law Corporation (included in Exhibit
                    5.01).
24.01
Power
                    of Attorney (see signature page).
99.01
Form
                    of Option Assumption Agreement between the Registrant and option
                    holders
                    relating to assumed stock options granted pursuant to The RiceX
                    Company
                    1997 Stock Option Plan (incorporated herein by reference to Exhibit
                    10.45
                    to Registrant's Form SB-2 filed with the Commission on November 21,
                    2005).
99.02
Form
                    of Option Assumption Agreement between Registrant and option
                    holders
                    relating to assumed non-plan stock options granted by The RiceX
                    Company
                    (incorporated herein by reference to Exhibit 10.46 to Registrant's Form
                    SB-2 filed with the Commission on November 21, 2005).