EXHIBIT 10.10


                               SUPPLY AGREEMENT

 THIS AGREEMENT is made the 17th  day of July, 2002

 BETWEEN the person, persons or company more particularly described in Part I
 of the Schedule hereto (hereinafter called "the Supplier") of the first part
 and the person, persons or company more particularly described in Part II of
 the Schedule hereto (hereinafter called "the Purchaser") of the second part.

 WHEREAS :

 (A)  The Purchaser desires to purchase the Products from the Supplier.

 (B)  The Supplier desires to supply the Products to the Purchaser.

 (C)  The Products  are  specially  manufactured  by  the  Supplier  for  the
      Purchaser's exclusive requirements.

 WHEREAS IT IS HEREBY AGREED as follows :

 1.   Definitions

 In this  Agreement  the  following words  and  expressions  shall  have  the
 following meaning unless the context clearly requires otherwise:

 "Hong Kong" means the Hong Kong Special Administrative Region.

 "Intellectual Property" means  any patent, copyright,  registered design  or
 unregistered design right and any application for any of the foregoing,  any
 rights in respect  of Confidential  Information and  any other  intellectual
 property right. "month" means calendar month

 "Products" means  goods purchased  by the  Purchaser  from the  Supplier  in
 accordance with this Agreement and more particularly set out in Part III  of
 the Schedule hereto or such other goods  as agreed by the parties from  time
 to time;

 "Purchase Order"  means  the  individual purchase  order  for  the  Products
 separately agreed between the parties hereto pursuant to this Agreement.

 "Specification" means the specification for the Products as specified by the
 Supplier from time to time.

 2.   Agreement to supply

 The Supplier hereby agrees to supply  the Products to the Purchaser and  the
 Purchaser agrees to purchase the Products  supplied by the Supplier  subject
 to the terms and conditions of this Agreement.

 3.   Ordering of the Products; Payment Terms

 (1)  The Purchaser  will from  time  to time  provide  the Supplier  with  a
 written Purchase  Order specifying  the quantity,  quality,  specifications,
 description, price,  time  and place  of  delivery and  any  other  relevant
 information of the Products to be  supplied by the Supplier, subject to  the
 terms of this Agreement.

 (2)  The  Supplier  shall  accept  or  reject  all  Purchase  Orders  placed
 hereunder by notice  to the  Purchaser within  30 days  of the  time of  the
 receipt of the  Purchase Order;  provided, however,  that in  the event  the
 Supplier does not affirmatively reject such Purchase Order within 30 days of
 the time of the receipt of the Purchase Order, the Supplier shall be  deemed
 to have accepted such Purchase Order.

 (3)  The Purchaser estimates  that it will  place orders for  not less  than
 300,000 units of  the Products within  the first 3  years from execution  of
 this Agreement.

 (4)  Unless otherwise provided in an accepted Purchase Order, Purchaser will
 make all payments  owed to Supplier  within thirty (30)  days of receipt  of
 invoices (net  30 terms),  except for  those items  required to  be paid  in
 advance of manufacturing or shipment.

 4.   Delivery, acceptance and cancellation

 (1)  After written acceptance  by Purchaser   of  the alpha  version of  the
 Product and  upon  Supplier's  acceptance  of  a  qualified  purchase  order
 submitted by Purchaser, Supplier will produce the Product developed pursuant
 to this Agreement subject  to the terms  and price set  out in the  accepted
 purchase order.

 (2)  The Purchaser  shall be  deemed to  have  accepted the  Products  after
 satisfactory inspection of the products delivered to the Purchaser or within
 10 days after delivery to Purchaser, whichever occurs first.

 (3)  The Supplier shall use commercially  reasonable efforts to make  timely
 delivery of the Products  in accordance with  mutually agreed upon  delivery
 dates. In addition the Supplier shall notify the Purchaser in writing of any
 possible delay in the agreed to delivery of the Products as soon as possible
 prior to the scheduled delivery date.

 (4)  Notwithstanding anything to the contrary herein, the Supplier  reserves
 the right  to adopt  an equitable  plan of  allocation and  adjust  delivery
 schedules accordingly in the event of  shortages or other events not  within
 the control of the Supplier.

 (5)  If Purchaser  cancels  an  accepted  purchase  order  within  15  days,
 inclusive, from the acceptance  of the purchase  order, the Purchaser  shall
 not be responsible for any amount or costs incurred or committed by Supplier
 for the terminated purchase order.

 (5)  If Purchaser cancels an accepted purchase order after 15 days from  the
 acceptance of the  purchase order  and sixty (60)  days or  less before  the
 scheduled Product ship date, Purchaser shall be responsible for 100% of  the
 unit price for all accepted purchase orders.

 (6)  If Purchaser cancels an accepted purchase order after 15 days from  the
 acceptance of the purchase  order and more than  sixty (60) days before  the
 scheduled Product ship date,  Purchaser shall be  responsible for an  amount
 equal to costs incurred or committed by Supplier for the terminated Purchase
 Order or portion  thereof that  cannot be  canceled or  diverted to  another
 sale.   Said charges  shall not  exceed  100% of  the  order value  for  the
 canceled units.

 5.   Warranties and liability

 (1)  The Supplier warrants that the Products will correspond in all material
 respects with the  Specification at the  time of delivery  and will be  free
 from material defects  in material and  workmanship for a  period of 1  year
 from the date of the initial use.

 (2)  The Purchaser warrants as follows:-

      (a)  The  Purchaser  is   the  legal  and   beneficial  owner  of   the
           Intellectual Property;

      (b)  The manufacturing of the goods is not in contravention of any  law
           or regulations governing the same;

      (c)  The manufacturing of  the goods does  not infringe any  copyright,
           patent, design,  trademark,  trade  secret  or  other  proprietary
           rights or rights  of publicity  or privacy  or any  other form  of
           property or proprietary rights, whether intellectual or otherwise;

      (d)  The information supplied by the Purchaser is correct and  accurate
           in all material respects.

 (3)  In no event will either party be liable for any punitive, incidental or
 consequential damages  in  any  action  arising  from  or  related  to  this
 Agreement.  In no event will  either party's liability for monetary  damages
 under this Agreement exceed the amount paid by Purchaser to Supplier in  the
 one-year period before the claim arose.

 6.   Title and risk

 (1)  Title shall pass on acceptance of the Products by the Purchaser.

 (2)  Risk shall pass on acceptance of the Products by the Purchaser.

 7.   Duration and termination

 (1)  This Agreement shall come into force on the date of execution and shall
 continue from year to year.

 (2)  Notwithstanding the foregoing, either party may by giving to the  other
 3 months' written notice to terminate this Agreement.

 8.   Confidentiality

 Any documents  or  written  materials  delivered  by  the  Supplier  to  the
 Purchaser pursuant  to  this  Agreement shall  be  treated  as  confidential
 information, irrespective  of  any  indication thereof.  Such  documents  or
 materials shall remain the sole property  of the Supplier and the  Purchaser
 shall return or dispose of the same upon the request of the Supplier.

 9.   Notice

 (1)  A notice, approval, consent or  other communication in connection  with
 this Agreement must be  in writing and must  be left at  the address of  the
 addressee, or sent by prepaid ordinary post to the address of the  addressee
 or sent  by facsimile  to the  facsimile number  of the  addressee which  is
 specified in this  Clause or if  the addressee notifies  another address  or
 facsimile number then to that address or facsimile number.

 (2)  A notice, approval,  consent or other  communication takes effect  from
 the time it is received unless alter time is specified in it.

 (3)  A letter or facsimile is taken to be  received in the case of a  posted
 letter, on the seventh day  after posting and in  the case of facsimile,  on
 production of a transmission report by the machine from which the  facsimile
 was sent which indicates that the facsimile was sent in its entirety to  the
 facsimile number of the recipient.

 10.  Binding effect

 This Agreement shall  be binding  on and  shall be  to the  benefit of  each
 party's successors and assigns and personal representatives (as the case may
 be).


 11.  Time of the essence

 Time shall be of the essence  as regard to any  date or period mentioned  in
 this Agreement and  any other  date or period  substituted for  the same  by
 written agreement of the parties hereto.

 12.  Mutual assistance

 Notwithstanding completion of  this Agreement,  each of  the parties  hereto
 shall sign or execute any document or deed or to do any act or things as may
 reasonably requested by any party hereto to give full effect to the terms of
 this Agreement.

 13.  Variation

 Any variation of this Agreement must be in writing and signed by the parties
 hereto.

 14.  Condonation not waiver

 No condonation or forbearance by any party of any breach by the other  party
 of any provision hereto shall be deemed to be a waiver of any breach of that
 or any other provision hereof and any  forbearance or delay by any party  in
 exercising any  of  its  rights hereunder  shall  not  constitute  a  waiver
 whatsoever.

 15.  Laws and regulations

 References to any Ordinance, regulation or other statutory provision in this
 Agreement include  a  reference  to  such  Ordinance,  regulation  or  other
 statutory provision as modified, codified or re-enacted.

 16.  Jurisdiction

 This Agreement shall  be governed by  and construed in  accordance with  the
 laws of Hong Kong and the  parties hereto shall submit to the  non-exclusive
 jurisdiction of the courts of Hong Kong.

 17.  Gender and numbers

 It is  hereby  declared that  (if  the  context permits  and  requires)  the
 singular number  shall include  the plural  and the  masculine gender  shall
 include the feminine and the neuter.

 18.  Recitals and Schedules

 The recitals  and schedules  hereto have  the same  force and  effect as  if
 expressly set out in the  body of this Agreement  and any reference to  this
 Agreement shall include the recitals and the schedules.

 19.  Headings

 Headings used in this Agreement  are for ease of  reference only and do  not
 constitute part of this Agreement.

 20.  Force Majeure

 (1)  If either party is affected by Force Majeure it shall forthwith  notify
 the other party of the nature and extent thereof.

 (2)  Neither party shall  be deemed to  be in breach  of this Agreement,  or
 otherwise be liable to the other, by reason of any delay in performance,  or
 non-performance, of any of its obligations hereunder to the extent that such
 delay or  non-performance  is due  to  any Force  Majeure  of which  it  has
 notified the other party;  and the time for  performance of that  obligation
 shall be extended accordingly.

 (3)  If the Force Majeure  in question prevails for  a continuous period  in
 excess of six  months, the parties  shall enter into  bona fide  discussions
 with a view to alleviating its effects, or to agreeing upon such alternative
 arrangements as may be fair and reasonable.

     AS WITNESS the parties hereto have duly executed this Agreement the  day
 and year first above written.

                        THE SCHEDULE ABOVE REFERRED TO

                                    PART I
                                    ------
                                 THE SUPPLIER
                                 ------------

 CHINA ACTION MANAGEMENT LIMITED whose registered  office is situate at  1603
 Dina House, 11 Duddell Street, Central, Hong Kong

                                   PART II
                                   -------
                                THE PURCHASER
                                -------------

 INFORMATION TECHNOLOGY COMPANY LIMITED whose registered office is situate at
 Unit 1602-03, Park Building, 476 Castle Peak Road, Cheung Sha Wan,  Kowloon,
 Hong Kong.

                                   PART III
                                   --------
                                 THE PRODUCTS
                                 ------------

 A proprietary  set top  box to  distribute financial  and other  information
 through the FM radio broadcasting network whose functions include  retrieval
 of  transactions,  data  base   management,  redistribution  of  data,   and
 conversion of data from digital to  radio broadcast format. The set top  box
 is called "InfoPort" which may consist of  more than one version and may  be
 continually developed and improved by the  Purchaser or its agents  nominees
 or contractors from time to time

 SIGNED by                          )  /s/ Patrick A. Custer, CEO
                                    }  China Action Management Limited
 for and on behalf of the Supplier  )
 in the presence of :-              )


 SIGNED by                          )  /s/ Chan Ting, Director
                                    }  Information Technology Company Limited
 for and on behalf of the Purchaser )
 in the presence of :-              )