TERAWULF INC. — Director's Dealing 2007

Sep 10, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IKONICS CORP (IKNX)
CIK: 0001083301
Period of Report: 2007-09-06

Reporting Person: NERGES JOSEPH R (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-06	Common Stock	P	500	$8.98	Acquired	288478	Direct
2007-09-06	Common Stock	P	780	$9.00	Acquired	289258	Direct
2007-09-07	Common Stock	P	800	$9.00	Acquired	290058	Direct
2007-09-07	Common Stock	P	87	$8.99	Acquired	290145	Direct
2007-09-10	Common Stock	P	6	$9.27	Acquired	290151	Direct
2007-09-10	Common Stock	P	100	$9.28	Acquired	290251	Direct
2007-09-10	Common Stock	P	1394	$9.30	Acquired	291645	Direct