TERAWULF INC. — Director's Dealing 2008

Mar 19, 2008

SEC Form 4/A — Form 4/A

Issuer: IKONICS CORP (IKNX)
CIK: 0001083301
Period of Report: 2008-03-13

Reporting Person: Andresen Charles H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-13	Common Stock	M	2175	$2.6667	Acquired	26289	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-13	Stock Option (right to buy)	$2.6667	M	2175	Disposed	2008-04-24	Common Stock (2175)	Direct

Footnotes

F1: The transaction previously reported on Form 4 filed on 03/17/2008 referenced the expiration date of the exercised options as 02/24/2008 when it should have reported the expiration date of the exercised options as 04/24/2008. This amended Form 4 is filed for the purpose of properly reporting the expiration date of the stock options on Table II.

F2: Not applicable.

F3: This option was previously reported as covering 1,450 shares at an exercise price of $4.00 per share, but was adjusted to reflect the 3-for-2 stock split on May 13, 2004.