Exhibit 10.18

                              CONSULTING AGREEMENT

     AGREEMENT (this  "Agreement")  made as of this 3rd day of May, 2004, by and
between Transnational Industries, Inc. (the "Company") and Charles F. Huber (the
"Consultant").

                                   WITNESSETH:

     WHEREAS,  the Company  desires to retain the Consultant to provide  certain
consulting services to the Company as specified herein; and

     WHEREAS,  the  Consultant  is prepared  to provide  the  Company  with such
consulting services; and

     WHEREAS,  such consulting  relationship  may be terminated on the terms set
forth herein;

     NOW THEREFORE,  in  consideration  of the foregoing,  the mutual  covenants
hereinafter set forth and other good and valuable consideration, the receipt and
sufficiency  of  which is  hereby  acknowledged,  the  parties  hereto  agree as
follows:

1. Consulting  Relationship.  During the Consulting Period (defined below),  the
Consultant  shall  provide  consulting  services to the Company  with respect to
strategy and analysis and other  services as may be reasonably  requested by the
Company.  The  Consultant  shall be reasonably  available to provide  consulting
services  during normal business hours during the entire  Consulting  Period and
shall provide such services as requested by the Company.  Effective  immediately
upon the  execution  and  delivery  hereof,  the  Consultant  hereby  resigns as
Chairman of the  Company's  Board of Directors  (it being agreed and  understood
that the  Chairman is not  resigning  as a director of the Company or its Spitz,
Inc. subsidiary).

2. Consulting Period.  The Consultant shall provide  consulting  services to the
Company, on the terms and conditions set forth in this Agreement, for the period
beginning on the date hereof and ending when  terminated by either side pursuant
to  the  following  sentence  (the  "Consulting  Period").  The  Company  or the
Consultant may terminate this Agreement, with or without cause, at any time upon
written  notice to the other  party;  provided,  however,  that the  Company may
terminate this Agreement only with the approval of its Board of Directors.

3.  Compensation.  In  consideration  of the consulting  services to be rendered
hereunder  by the  Consultant  to the  Company,  the  Company  shall  pay to the
Consultant  the sum of Fifty Two Thousand  Five Hundred  Dollars  ($52,500)  per
annum,  payable in twelve (12) equal monthly  installments  in a manner mutually
acceptable to the Company and the Consultant.

4. Authority of the  Consultant.  The Consultant  shall have no authority to act
for or on behalf of the Company or to bind the Company in any manner without the
Company's  express written  approval.  The Consultant  agrees not to contact any
third  parties  with  respect to the  Company's  business  under this  Agreement
without the Company's express written approval.

<PAGE>

5.  Independent  Contractor.  It is expressly  agreed that the  Consultant is an
independent contractor and not an employee of the Company. During the Consulting
Period, the Company shall not control the  instrumentalities,  details, or means
by which the  Consultant  achieves  the  results  for which  the  Consultant  is
retained under this Agreement. It is expected that during the Consulting Period,
the  Consultant  will  provide  only  advisory  and  consulting  services,  and,
consequently,  will not be subject to the supervision or control of the Company.
The  Consultant  shall choose the time and manner for  performing the consulting
services  according to the Consultant's  own routines and schedules.  During the
Consulting  Period, the Consultant shall set the Consultant's own hours of work,
and there shall be no obligation by the Consultant to submit reports relating to
the method in which  consulting  services  are  rendered  under this  Agreement.
Nothing in this Agreement shall establish an agency, partnership,  joint venture
or employee relationship between the Company and the Consultant.  The Consultant
shall not  conduct  business  in the name of the  Company.  With  respect to the
services to be performed by the Consultant,  the Consultant shall not be treated
in any manner as an  employee  for  federal,  state or local tax  purposes.  The
Consultant shall have sole responsibility for the withholding and payment of all
taxes, fees and assessments due to federal, state, local or other authorities.

6.  Waiver.  The  Consultant  acknowledges  that the  Company  has the  right to
terminate  this  Agreement at any time,  and that it is the  expectation  of the
parties that at some time the Company shall terminate this Agreement for reasons
unrelated to the  Consultant's  age or any disabilities the Consultant may have.
Therefore,  to the extent legally  allowable,  the Consultant  hereby waives any
right to claim  discrimination  under the ADEA,  the ADA or any other federal or
state law relating to his age and health upon his termination.

7. Governing Law. This Agreement shall be construed,  interpreted,  enforced and
applied in accordance with the laws of the State of Pennsylvania.

8.  Arbitration.  The Consultant and the Company agree that any and all disputes
that  either  party  may have  with the  other  party  which  arise  out of this
Agreement  shall be resolved  through  final and binding  arbitration  conducted
within thirty (30) miles of  Philadelphia,  Pennsylvania  in accordance with the
rules and regulations of the American  Arbitration  Association  then in effect.
Both parties  understand and agree that the arbitration  shall be instead of any
civil litigation and that the  arbitrator's  decision shall be final and binding
to the fullest  extent  permitted  by law and  enforceable  by any court  having
jurisdiction thereof.

9.  Miscellaneous.  Any notice or other  communication  required or which may be
given  hereunder  shall  be  in  writing  and  shall  be  delivered  personally,
telecopied,  or sent by certified,  registered or express mail, postage prepaid,
to the  Consultant  at the  address  set  forth  on the  signature  page to this
Agreement and to the Company at its principal business address, or at such other
addresses  as shall be  specified  by the parties by like  notice,  and shall be
deemed given when so delivered personally or telecopied,  or if mailed, two days
after the date of mailing.  This Agreement contains the entire agreement between
the parties with respect to the subject  matter hereof and  supersedes all prior
contracts and other  agreements,  written or oral, with respect thereto.  All of
the terms of this Agreement shall inure to the benefit of, be enforceable by and
be binding upon the parties hereto and their respective  successors and assigns;
provided,  that the Consultant  shall not have the right to assign his rights or
duties hereunder or any interest herein without the prior written consent of the
Company.


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<PAGE>


     IN WITNESS  WHEREOF,  the parties  hereto have caused this  Agreement to be
duly executed on the date and year first above written.

                                            COMPANY:

                         TRANSNATIONAL INDUSTRIES, INC.


                         By:  /s/Jonathan A. Shaw
                              --------------------------
                                 Name: Jonathan A. Shaw
                                 Title: President and Chief Executive Officer


                         CONSULTANT:


                              /s/Charles F. Huber
                              --------------------------
                                 Charles F. Huber
                                 Address: 149 Parsonage Road
                                 Greenwich, Connecticut 06830




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