EXHIBIT 10.28

                                 PROMISSORY NOTE
                                 ---------------

October 10, 2002                                                      $10,000.00

         1. PROMISSORY  NOTE.  Subject to all the following terms and conditions
set forth in this  Promissory  Note (this  "Note"),  FinancialContent,  Inc.,  a
Delaware  corporation  (the  "Company"),  for value  received to cover  investor
relations expense, moving expense, and other miscellaneous expenses, promises to
pay to Asia Pacific  Ventures (the "Holder"),  in accordance with the provisions
hereof,  on December 31, 2002 the  principal  amount of (Ten  Thousand  Dollars)
($10,000.00),  plus  interest  as set forth in  Section 2 below  accrued on such
unpaid and  principal  amount  from time to time  outstanding  until  paid.  All
payments of principal and/or interest under this Note will be made at the office
of the Company.

         2. INTEREST.  Interest under this Note shall accrue at the rate of 12%,
compounded monthly, from the date of such Note until paid in full. Such interest
shall only be payable upon the  repayment of all  principal  due hereunder or as
otherwise specified herein.

         3. ACCELERATION. Notwithstanding the provisions contained in this Note,
the entire  amount of  principal  advanced  to the  Company  under this Note and
remaining unpaid,  plus all unpaid interest on unpaid principal under this Note,
shall  immediately  be due and payable upon an Event of Default (as  hereinafter
defined).

         4.  SECURITY  AGREEMENT.  The  payment  of this note is  secured by the
Security  Agreement  dated  December  13, 2001 from the Company to Asia  Pacific
Ventures  granting  a  security  interest  in  and to  the  following  described
property: accounts receivable,  inventory,  machinery,  equipment,  goodwill and
furniture,  together with all other property  described in or referred to in the
Security Agreement.

         5. EVENTS OF DEFAULT.  If any of the following events shall occur (each
herein  individually  referred to as an "Event of  Default"),  the Company shall
immediately  provide  notice thereof to the Holder of this Note, who may declare
the entire unpaid  principal and accrued  interest on this Note  immediately due
and payable,  by written notice to the Company effective upon dispatch (provided
that upon the  occurrence of an event  described in subsection 5.1 or 5.2 below,
the entire unpaid principal and accrued interest on this Note shall  immediately
become due and payable), without any other presentment, demand, protest or other
notice of any kind or  character,  all of which  are  hereby  expressly  waived,
anything herein to the contrary notwithstanding:

                5.1.  The  institution  by  the  Company  of  proceedings  to be
adjudicated  bankrupt  or  insolvent,  or the  consent by it to  institution  of
bankruptcy  or  insolvency  proceedings  against  it or  the  filing  by it of a
petition  or answer or  consent  seeking  reorganization  or  release  under the
Federal  Bankruptcy  Code,  or any other  similar  federal or state law,  or the
consent  by it to the  filing  of any  such  petition  or the  appointment  of a
receiver,  liquidator,  assignee,  trustee,  or other similar  official,  of the
Company,  or of any substantial part of its property,  or the making by it of an
assignment  for the benefit of  creditors,  or the admission by it in writing of
its  inability  to pay its debts  generally  as they become due or the taking of
corporate action by the Company in furtherance of any such actions; or

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                5.2.  If,  within sixty (60) days after the  commencement  of an
action against the Company seeking any bankruptcy,  insolvency,  reorganization,
liquidation,  dissolution or similar relief under any present or future statute,
law or  regulation,  such action shall not have been  dismissed or all orders or
proceedings  thereunder  affecting the operations or the business of the Company
stayed,  or if the stay of any such order or proceeding  shall thereafter be set
aside, or if, within sixty (60) days after the  appointment  without the consent
or  acquiescence  of the Company of any trustee,  receiver or  liquidator of the
Company or of all or any substantial part of the properties of the Company, such
appointment shall not have been vacated; or

                5.3. The Company shall have defaulted in payment of principal or
interest  under this Note and such  default  shall have  continued  for ten days
following written notice thereof from the Holder.

         6. REPRESENTATIONS. The Company hereby represents and warrants that:

                6.1.   Organization   and  Good  Standing.   The  Company  is  a
corporation duly organized, validly existing and in good standing under the laws
of the State of Delaware.

                6.2.  Due  Authorization,   Execution  and  Enforceability.  The
execution and delivery by the Company of and the  performance of its obligations
under this Note have been duly authorized by all necessary  corporate  action on
the part of the  Company and this Note has been duly and  validly  executed  and
delivered by the Company and  constitutes  a valid and binding  agreement of the
Company enforceable in accordance with its terms.

                6.3. No Default or Conflicts. The execution and delivery of this
Note by the Company and the performance by the Company of its obligations  under
this Note do not and will not  conflict  with or result in a violation or breach
of, or require any consent,  approval,  authorization  or order  under,  (i) any
applicable law, statute, rule or regulation, judgment, injunction, order, decree
or agreement or (ii) the certificate of incorporation or bylaws of the Company.

         7. NO  RIGHTS  OR  LIABILITIES  AS  STOCKHOLDER.  This Note does not by
itself  entitle the Holder to any voting rights or other rights as a stockholder
of the Company

         8.  AMENDMENT;  WAIVER.  Any term of this Note may be amended,  and the
observance  of any term of this Note may be  waived  (either  generally  or in a
particular  instance and either  retroactively or  prospectively) by the written
consent of the Company  and the  Holder.  Any  amendment  or waiver  effected in
accordance  with the previous  sentence shall be binding upon each future holder
or transferee  of this Note (or part  thereof) and the Company.  The Company and
all endorsers  and  guarantors  of this Note hereby waive  presentment,  demand,
protest,  notice of  dishonor,  notice of  non-payment,  notice of maturity  and
notice of protest for  nonpayment  of this Note and consent to any  extension or
postponement of the time of payment or any other indulgence.

         9.  ASSIGNMENT.  This Note may not be  assigned or  transferred  by the
Holder without the prior written consent of the Company.

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         10.  SUCCESSORS  AND  ASSIGNS.  Subject to  Section  8, all  covenants,
agreements and  undertakings  in this Note by or on behalf of any of the parties
shall bind and inure to the benefit of the respective  successors and assigns of
the parties whether so expressed or not.

         11.  TREATMENT OF NOTE. To the extent  permitted by generally  accepted
accounting  principles,  the Company will treat,  account and report the Note as
debt and not equity for  accounting  purposes  and with  respect to any  returns
filed with federal, state or local tax authorities.

         12. HEADINGS. The headings in this Note are for purposes of convenience
of reference only, and shall not be used to interpret this Note.

         13. NOTICES.  Any notice,  request or other  communication  required or
permitted  hereunder  must be given in writing  and shall be deemed to have been
duly given when personally delivered or when deposited in the United States mail
by  registered  or  certified  mail,  postage  prepaid or sent via a  nationally
recognized  overnight  courier  service  to the  Company  or the Holder at their
respective addresses set forth below:

                  To the Company:

                  FinancialContent, Inc.
                  400 Oyster Point Boulevard, Suite 435
                  So. San Francisco, CA 94080
                  Attn: Wing Yu, CEO
                  Fax: 650-837-9850

                  To the Holder:

                  Asia Pacific Ventures
                  Suite 1-3 16th Floor
                  Kinwick Centre
                  32 Hollywood Road
                  Central Hong Kong, Hong Kong

The Company or Holder may each by written notice so given change its address for
future notices hereunder.

         14.  GOVERNING  LAW;  JURISDICTION.  This Note shall be  construed  and
enforced in accordance  with, and governed by, the internal laws of the State of
California, excluding that body of law applicable to conflicts of law.

         15. ATTORNEYS' FEES. The parties hereto shall pay their own legal fees.
If action is brought to enforce  the  provisions  of this Note,  the  prevailing
party shall be entitled to recover its reasonable costs and expenses,  including
legal fees and disbursements of counsel.

         16. TERMS BINDING.  By execution  hereof,  the Holder of this Note (and
each  subsequent  holder of this Note) accepts and agrees to be bound by all the
terms and conditions of this Note.

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         17.  SEVERABILITY.  In the event any one or more of the  provisions  of
this Note shall for any reason be held to be invalid,  illegal or unenforceable,
in whole or in part or in any  respect,  or in the event that any one or more of
the provisions of this Note operate or would prospectively operate to invalidate
this Note, then and in any such event,  such  provision(s)  only shall be deemed
null and void and shall not  affect  any  other  provision  of this Note and the
remaining  provisions of this Note shall remain  operative and in full force and
effect and in no way shall be affected, prejudiced or disturbed thereby.

         18. ENTIRE  AGREEMENT.  This Note  constitutes  and contains the entire
agreement  of the  parties  and  supersedes  any  and  all  prior  negotiations,
correspondence,  understandings,  agreements,  duties or obligations between the
parties respecting the subject matter hereof.

         IN WITNESS  WHEREOF,  the parties have entered into this Note as of the
date first written above.

                             FINANCIALCONTENT, INC.
                             a Delaware corporation


                             By:      /s/ Wing Yu
                                      ------------------------------------------
                             Name:    Wing Yu
                             Title:   Chief Executive Officer

























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