Exhibit
      10.4

    


    


    THE
      WARRANTS AND UNDERLYING SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE
      HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE "ACT"), AND
      ARE
“RESTRICTED SECURITIES” AS THAT TERM IS DEFINED IN RULE 144 UNDER THE ACT. THE
      SECURITIES REPRESENTED HEREBY MAY NOT BE OFFERED FOR SALE, SOLD OR OTHERWISE
      TRANSFERRED EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS
      UNDER THE ACT, THE AVAILABILITY OF WHICH IS TO BE ESTABLISHED TO THE
      SATISFACTION OF THE COMPANY.

    


    


    Class
      S
      Series 1 Warrant

    Issue
      Date: January 10, 2008

    


    WARRANT
      TO PURCHASE ___________
      SHARES

    CURRENT
      TECHNOLOGY CORPORATION 

    WARRANT
      AGREEMENT AND CERTIFICATE

    


    This
      certifies that, for value received, MSGI
      Security Solutions, Inc., 575 Madison Avenue, New York, NY, USA
      10022,
      the
      registered holder hereof (the "Warrantholder") is entitled to purchase from
      Current Technology Corporation (the "Company"), with
      its
      principal office located at Suite 1430, 800 West Pender Street, Vancouver,
      BC,
      Canada V6C 2V6, at any time before 5:00 P.M., Pacific Time on January 9, 2013
      (the "Termination Date") at the purchase price of $0.15 per share (the "Exercise
      Price"), the number of Shares of the Company's no par value Common Stock (the
      "Shares") set forth above. The number of Shares purchasable upon exercise of
      this Warrant and the Exercise Price per Share shall be subject to adjustment
      from time to time as set forth in Section 4 below.

    


    Section
      1. Transfer
      or Exchange of Warrant.

    


    1.1 The
      Company shall be entitled to treat the registered owner of any Warrant (the
      "War-rantholder") as the owner in fact thereof for all purposes and shall not
      be
      bound to recognize any equitable or other claim to or interest in such Warrant
      on the part of any other person, and shall not be liable for any registration
      of
      transfer of Warrants which are registered or to be registered in the name of
      a
      fidu-ciary or the nominee of a fiduciary unless made with the actual knowledge
      that a fiduciary or nominee is committing a breach of trust in requesting such
      registration of transfer, or with such knowledge of such facts that its
      participation therein amounts to gross negligence or bad faith.

    


    1.2 This
      Warrant may not be sold, transferred, assigned or hypothecated except pursuant
      to all applicable federal and state securities laws.

    


    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    1.3 A
      Warrant
      shall be transferable only on the books of the Company upon delivery of this
      Warrant Certificate duly endorsed by the Warrantholder or by his duly authorized
      attorney or representative, or accompanied by proper evidence of succession,
      assignment or authority to transfer. Upon any regis-tration of transfer, the
      Company shall deliver a new Warrant Certificate to the persons entitled
      thereto.

    


    Section
      2. Term
      of Warrants; Exercise of Warrants.

    


    2.1 Subject
      to the terms of this Agreement and Certificate, the Warrant-holder shall have
      the right, which may be exercised commencing upon issuance and ending at 5:00
      p.m. Pacific Time on the Termination Date, to purchase from the Company the
      number of Shares which the Warrantholder may at that time be entitled to
      purchase on exercise of this Warrant.

    


    2.2 A
      Warrant
      shall be exercised by surrender to the Com-pany, at its principal office, of
      this Certificate evi-dencing the Warrant to be exercised, together with the
      form
      of election to purchase attached hereto duly filled in and signed, and payment
      to the Company of the Exercise Price for the number of Shares in respect of
      which such Warrant is then exercised. Payment of the aggregate Exer-cise Price
      shall be made in cash or certified funds.

    


    2.3 Subject
      to Section 5 hereof, upon surrender of a Warrant Certificate and payment of
      the
      Exercise Price as aforesaid, the Company shall issue and cause to be de-livered
      with all reasonable dispatch to or upon the written order of the Warrantholder
      exercising such Warrant and in such name or names as such Warrantholder may
      designate, certificates for the number of Shares so purchased upon the exercise
      of such Warrant. Such certificate or certificates shall be deemed to have been
      issued and any person so designated to be named therein shall be deemed to
      have
      become a holder of record of such Shares- as of the date of receipt by the
      Company of such Warrant Certificate- and payment of the Exercise Price. The
      rights of purchase represented by the Warrants shall be exercisable, at the
      election of the Warrantholders thereof, either in full or from time to time
      in
      part and, in the event that a Warrant Certificate is exercised to purchase
      less
      than all of the Shares purchasable on such exer-cise at any time prior to the
      Termination Date, a new Warrant Certificate evidencing the re-maining Warrant
      or
      Warrants will be issued.

    


    2.4 The
      Warrantholder will pay all documentary stamp taxes, if any, attributable to
      the
      initial issuance of the Shares upon the exercise of Warrants.

    


    Section
      3. Intentionally
      left blank.
      

    


    Section
      4. Adjustment
      of Exercise Price and Shares.

    


    4.1 If
      there
      is any change in the number of shares of outstanding Common Stock through the
      declaration of stock dividends, or through a recapitalization resulting in
      stock
      splits or combina-tions or exchanges of such shares, the number of shares of
      Common Stock underlying the Warrants, and the exercise price per share of the
      outstanding Warrants, shall be proportionately adjusted by the Board to reflect
      any increase or decrease in the number of issued shares of Common Stock;
      provided, however, that any fractional shares resulting from such adjustment
      shall be eliminat-ed.

    


    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    4.2 In
      the
      event of the proposed dissolution or liquidation of the Company, or any
      corporate separation or division, including, but not limited to, split-up,
      split-off or spin-off, or a merger or consolida-tion of the Company with another
      corporation, the Board may provide that each Warrantholder shall have the right
      to exercise such Warrant (at its then current Exercise Price) solely for the
      kind and amount of shares of stock and other securities, property, cash or
      any
      combination thereof receivable upon such dissolution, liquida-tion, corporate
      separation or division, or merger or consolidation by a holder of the number
      of
      shares of Common Stock for which such Warrant might have been exercised
      immediately prior to such dissolution, liquidation, corporate separation or
      division, or merger or consolidation; or, in the alternative the Board may
      provide that the Warrants shall terminate as of a date fixed by the Board;
      provided, however, that not less than 30 days' written notice of the date so
      fixed shall be given to each Warrantholder, who shall have the right, during
      the
      period of 30 days preceding such termination, to exercise the Warrant as to
      all
      or any part of the shares of Common Stock covered thereby.

    


    4.3 The
      preceding paragraph shall not apply to a merger or consolidation in which the
      Company is the surviving corporation and shares of Common Stock are not
      converted into or exchanged for stock, securities of any other corporation,
      cash
      or any other thing of value. Not-with-standing the preceding sentence, in case
      of any consolidation or merger of another corporation into the Company in which
      the Company is the surviving corporation and in which there is a
      reclassification or change (including a change to the right to receive cash
      or
      other property) of the shares of Common Stock (excluding a change in par value,
      or from no par value to par value, or any change as a result of a subdivision
      or
      combination, but including any change in such shares into two or more classes
      or
      series of shares), the Board may provide that the holder of this Warrant shall
      have the right to exercise such Warrant solely for the kind and amount of shares
      of stock and other securities (including those of any new direct or indirect
      parent of the Company), property, cash or any combination thereof receivable
      upon such reclassifica-tion, change, consolida-tion or merger by the holder
      of
      the number of shares of Common Stock for which such Warrant might have been
      exercised.

    


    4.4 In
      the
      event of a change in the Common Stock of the Company as presently constituted
      into the same number of shares with a par value, the shares resulting from
      any
      such change shall be deemed to be the Common Stock of the Company within the
      meaning of this agreement. 

    


    4.5 To
      the
      extent that the foregoing adjustments relate to stock or securities of the
      Company, such adjust-ments shall be made by the Board, whose determination
      in
      that respect shall be final, binding and conclusive.

    


    4.6 Except
      as
      expressly provided herein, the Warrantholder shall have no rights by reason
      of
      any subdivi-sion or consolidation of shares of stock of any class, or the
      payment of any stock dividend or any other increase or decrease in the number
      of
      shares of stock of any class, or by reason of any dissolution, liquidation,
      merger, or consolidation or spin-off of assets or stock of another corporation;
      and any issue by the Company of shares of stock of any class, or securities
      convertible into shares of stock of any class, shall not affect, and no
      adjustment by reason thereof shall be made with respect to, the number or price
      of shares of Common Stock subject to this Warrant. The grant of this Warrant
      shall not affect in any way the right or power of the Company to make
      adjustments, reclassifications, reorganiza-tions or changes of its capital
      or
      business structures, or to merge or consolidate, or to dissolve, liquidate,
      or
      sell or transfer all or any part of its business or assets.

    


    
      
         

      

      
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    Section
      5. Mutilated
      or Missing Warrant Certificates.
      In case
      any Warrant Certificate shall be mutilated, lost, stolen or destroyed, the
      Company shall, at the request of the holder of such Certificate, issue and
      deliver, in exchange and substitution for and upon cancellation of the mutilated
      Certi-ficate, or in lieu of and substitution for the Certificate, lost, stolen
      or destroyed, a new Warrant Certificate of like tenor and repre-senting an
      equivalent right or interest; but only upon receipt of evidence satisfactory
      to
      the Company of such loss, theft or destruction of such Warrant Certi-ficate
      and
      indemnity, if requested, also satis-factory to the Company. An ap-plicant for
      such a substitute Warrant Certificate- shall also comply with such other
      reasonable regulations and pay such other reasonable charges as the Company
      may
      prescribe.

    


    Section
      6. Reservation
      of Shares of Common Stock.
      There
      has been reserved, and the Company shall at all times keep reserved so long
      as
      any of the Warrants remain outstanding, out of its authorized Common Stock
      a
      number of shares of Common Stock sufficient to provide for the exercise of
      the
      rights of purchase represented by the outstanding Warrants and the underlying
      securities.

    


    Section
      7. No
      Fractional Shares.
      The
      Company shall not be required to issue fractional shares or scrip representing
      fractional shares upon the exercise of the Warrants. As to any final fraction
      of
      a Share which the Warrantholder would otherwise be entitled to purchase upon
      such exercise, the Company shall pay a cash adjustment in respect of such final
      fraction in an amount equal to the same fraction of the market price of a share
      of Common Stock on the business day preceding the day of exercise.

    


    Section
      8. Transfer
      and Exercise to Comply With the Securities Act of 1933.

    


    8.1 The
      Warrants may not be exercised except in a transaction exempt from registration
      under the Act.

    


    8.2 The
      Company shall cause the following legend to be set forth on each Warrant
      Certificate and certificates representing the Warrant Shares, unless counsel
      for
      the Company is of the opinion as to any such Certificates that such legend
      is
      unnecessary:

    


    The
      securities represented by this certificate may not be offered for sale, sold
      or
      otherwise transferred except pur-suant to an effective registration statement
      made under the Securities Act of 1933 (the "Act"), or pursuant to an exemp-tion
      from registration under the Act the availability of which is to be established
      to the satisfaction of the Com-pany.

    


    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    Section
      9. Notices.
      Any
      notice pursuant to this Agreement by the Company or by the Warrantholders shall
      be in writing and shall be deemed to have been duly given if delivered or mailed
      certified mail, return receipt requested to the Company or the Warrantholder
      at
      the addresses set forth above. Each party hereto may from time to time change
      the address to which notices to it are to be delivered or mailed hereunder
      by
      notice in accordance herewith to the other party.

    


    Section
      10. Successors.
      All the
      covenants and provisions of this Agreement by or for the benefit of the Company
      or the Warrantholders shall bind and inure to the benefit of their respective
      successors and assigns.

    


    Section
      11. Applicable
      Law.
      This
      Warrant Agreement and Certificate and any replacement Certificate issued
      hereunder shall be governed by the laws of the State of Colorado.

    


    
      	 	 	 
	DATED:
              January 10, 2008	CURRENT
              TECHNOLOGY
              CORPORATION
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Robert
              Kramer
	 	Chief
              Executive Officer


    

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    PURCHASE
      FORM

    


    Dated
       _______________, ____

    


    


    The
      undersigned hereby irrevocably elects to exercise the Warrant represented by
      this Warrant Certificate to the extent of purchasing ________ Shares of CURRENT
      TECHNOLOGY CORPORATION and hereby makes payment of $0.15 per share in payment
      of
      the exercise price thereof.

    


    
      
        

      

    

     

    INSTRUCTIONS
      FOR REGISTRATION OF STOCK

    


    Name

     

    
      
        

      

    

    (please
      type or print in block letters)

     

    Address
      


     

    
      
 


    
      
        

      

    

    Signature

    


    Dated:
      ___________________,______

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    ASSIGNMENT
      FORM

    


    FOR
      VALUE RECEIVED, __________________________, hereby sells, assigns and transfers
      unto

    


    
      Name

       

      
        
          

        

      

      (please
        type or print in block letters)

       

      Address
        


       

      
        
 
the
        right to purchase Shares of CURRENT TECHNOLOGY CORPORATION represented by
        this
        Warrant Certificate to the extent of _______ Shares as to which such right
        is
        exercisable and does hereby irrevocably constitute and appoint CURRENT TECHNOLGY
        CORPORATION to transfer the same on the books of the Company with full power
        of
        substitution in the premises.

    

     

    
      
        
          

        

      

      Signature

      


      Dated:
        ___________________,______



    
      	
              Notice:
                the signature of this assignment must correspond with the name as
                it
                appears upon the face of this Warrant Cert-ifi-cate in every particular,
                with-out alteration or enlargement or any change
                whatever.

            


    

     

    
      
         

      

        7