EXHIBIT 10.12(b)


    AMENDMENT TO THE SPANISH DISTRIBUTION AGREEMENT DATED NOVEMBER 10TH, 2003

                BETWEEN CORONADO INDUSTRIES, INC. AND IZASA, S.A.


     THIS is an AMENDMENT to the existing Spanish Distribution Agreement,  dated
November  10th,  2003,  by and between,  Coronado  Industries,  Inc.  having its
headquarters at 16929 E. Enterprise Drive,  Suite 202,  Fountain Hills,  Arizona
85268  (hereinafter  referred to as "CI"),  and Izasa,  S.A.  having  offices at
Aragoneses 13 - 28108  Alcobendas - Madrid (Spain)  (hereinafter  referred to as
"IZASA").

     The Parties wish to modify sections 2.1(d),  2.2(i), 2.2(ii) and 8.1 of the
Spanish Distribution Agreement as follows

     SECTION 2. PRICE, RETURNS, PURCHASE OBLIGATIONS, PRODUCT SUPPLY

     2.1(d)    The  above  supply  prices  will be fixed  until  December  2006.
               Beginning in January 2007 CI can adjust the supply price based on
               a  reported  U.S.   manufacturing   inflation  index,  with  such
               adjustment using 2003 as the base year.

     2.2(i)    IZASA   will  have  the   following   annual   minimum   purchase
               requirements ('Annual Minimum')

                      Calendar Year                          Annual Minimum
               -----------------------------------------------------------------
               September 2004 to December 2004                     *
               -----------------------------------------------------------------
               January 2005 to December 2005                       *
               -----------------------------------------------------------------
               January 2006 to December 2006                       *
               -----------------------------------------------------------------
               January 2007 to December 2007                       *
               -----------------------------------------------------------------
               January 2008 to December 2008                       *
               -----------------------------------------------------------------
               * [CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE
                 COMMISSION]

     2.2(ii)   IZASA and CI will agree to a delivery  schedule  for the calendar
               year 2004  minimum  quantities  by  September  1,  2004.  For the
               remaining  years of this  agreement  Izasa and CI will agree to a
               delivery  schedule for each year's `Annual  Minimum' by September
               15th of the prior year.

     SECTION 8. TERM AND TERMINATON

     8.1  The term of this  Agreement  shall be for a period  of five (5)  years
          from  September 1, 2004.  Izasa may extend the term for an  additional
          two (2) years by  agreeing  to a  minimum  purchase  of  [CONFIDENTIAL
          INFORMATION  OMITTED AND FILED SEPARATELY WITH THE COMMISSION] in year
          six (6) and seven  (7).  Following  the  initial 7 year term  outlined
          above,  this  Agreement will be  automatically  renewable on an annual
          basis,  unless  either  Party  notifies  the  other 6 months  prior to
          expiration  of the initial term,  or each annual  extension,  of their
          intention not to renew,

II)  All  other  terms  and  conditions   contained  in  the  original   Spanish
     Distribution Agreement remain the same

Page 1 Amendment to Izasa Spanish Distribution Agreement - July 23, 2004

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     IN WITNESS WHEREOF,  the parties have executed this Agreement as of the day
and year first written above.

CORONADO INDUSTRIES, INC.                  IZASA S.A.

By:     /s/ Gary R. Smith                  By:    /s/ Xavier Valls
    --------------------------                 ---------------------------
Name:   Gary R. Smith                      Name:  Xavier Valls
Title:  President                          Title: Managing Director S.E.
Date:   __________________________         Date:   __________________________

Page 2 Amendment to Izasa Spanish Distribution Agreement - July 23, 2004