Exhibit 10.55

BETWEEN

COLLINS FOODS GROUP PTY LTD

AND

WORLDWIDE RESTAURANT CONCEPTS, INC.

AND

AUSTRALIAN MANAGEMENT GROUP MEMBERS









COLLINS FOODS GROUP PTY LTD
SHAREHOLDERS' AGREEMENT







HoganBesleyBoydLevel 6, 82 Eagle Street, Brisbane
GPO Box 458 Brisbane Queensland 4001
Telephone (07) 3229 4408        Facsimile (07) 3229 0590

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TABLE OF CONTENTS

|CLAUSE   |  | PAGE                                          
|-------- |  | ----------------------------------------------
|1.       |  | INTERPRETATION                                
|2.       |  | ACQUISITION OF AMG SHARES BY AMG MEMBERS      
|3.       |  | DURATION OF AGREEMENT                         
|4.       |  | RESTRICTION ON TRANSFER OF AMG SHARES         
|5.       |  | ACQUISITION OF AMG SHARES AT DISCRETION OF WRC
|6.       |  | ALLOCATION OF ADDITIONAL AMG SHARES           
|7.       |  | RIGHT TO REQUIRE SALE OF AMG SHARES           
|8.       |  | MANDATORY ACQUISITION OF AMG SHARES BY WRC    
|9.       |  | AUTHORITY OF AMG REPRESENTATIVE               
|10.      |  | GENERAL PROVISIONS                            
|11.      |  | DISPUTES                                      
|SCHEDULE |  | 13                                            

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COLLINS FOODS GROUP PTY LTD  SHAREHOLDERS' AGREEMENT

THIS SHAREHOLDERS' AGREEMENTis made on the 22 day of March, 2004.

PARTIES

BACKGROUND

IT IS AGREED

1.     INTERPRETATION

1.1   Definitions



1

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2

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1.2   Interpretation



3

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2.     ACQUISITION OF AMG SHARES BY AMG MEMBERS

3.     DURATION OF AGREEMENT

4

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4.     RESTRICTION ON TRANSFER OF AMG SHARES

5

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5.     ACQUISITION OF AMG SHARES AT DISCRETION OF WRC

6

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7

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6.     ALLOCATION OF ADDITIONAL AMG SHARES

7.     RIGHT TO REQUIRE SALE OF AMG SHARES

8

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8.     MANDATORY ACQUISITION OF AMG SHARES BY WRC

9

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9.     AUTHORITY OF AMG REPRESENTATIVE

10.   GENERAL PROVISIONS



10

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Address:

16 Edmondstone Street
Newmarket Qld 4051Facsimile No:

(07) 3352 0877




Address: Suite 300, Building B, 15301 Ventura Boulevard, Sherman Oaks, California 91403, United States of AmericaFacsimile No:

(0015) 1 818 530 0189




Care of the AMG Representative, at the same address and facsimile number as are shown for the Company.




11

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11.   DISPUTES

12

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SCHEDULE  AUSTRALIAN MANAGEMENT GROUP MEMBERS

A.1 Senior Management Group

Name

AddressesKevin Perkins

205 Sugars Road, AnsteadLynne Grace

3 Chardonnay Court, CarseldineJames Ryan

2 Beachcrest Road, Wellington PointSimon Perkins

11 Yarrunga Court, WestlakeMark Argent

10 Firewheel Crt, Eatons HillRoss Brown

35 Empire Vista, OrmistonJohn Hands

PO Box 301, AshgrovePam Martin

14 Eucalyptus Place, Albany CreekJames Misakian

c/- Prem Pomsoong, Minor Food Group, 99 Berli Jucker House, 15th Floor, Soi Rubia Sukhumvit 42, Klongtoey, Bangkok, Thailand 10110David Nash

8 Dudley Court, BunyaJeremy Ryland

6 Greenmont Close, Ashgrove


13

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A.2 Selected Employees

Name

AddressJim McDonald

99 Ash Drive, Banora Point, NSWRitchie Wood

5 Morgan Close, Manly WestRon Gageler

9 Prasada Court, Eatons HillMike Mothersole

53 Whiteside Road, WhitesideIan Scrymgeour

41 Lurnea Crescent, Mountain CreekMartin Clarke

15 Wood Drive, ToowoombaMick Price

Appt 6, 18 - 30 Sir Leslie Thiess Drive, TownsvillePaul Irvine

80 Chalk Street, WooloowinWayne Hargens

2/5 Collabah Close, White RockJan Hemsley

28 Royal Terrace, HamiltonArun Bakshi

12 Moolah Road, Terry HillsPhillip Coleman

PO Box 15, AnnerleyNarelle Cordaro

148 Samsonvale Road, StrathpineBrad Lederhose

1 Denube Avenue, BeechboroCherie Howden

44 Aralia Street, Ferny HillsJudy Fenton

PO Box 7268, East BrisbaneIan Glanfield

132 Menser Street, CalamvaleLes Stiles

9 Turnberry Drive, Victoria PointVicki Pettinari

PO Box 523, LutwycheShaun Smith

1 Grande Terrace, Monterey KeysTrevor Stammers

3 Edzell Place, CarindaleDwight George

57 Delaney Circuit, CarindaleSue Conquest

18 Brigadoon Crescent, Eatons HillJodie Fry

8 Duet Court, Eatons HillSusie Gilroy

21 Hermitage Crescent, ThornlandsRenae Stone

6 Silex St, MansfieldBob Bothwell

39 Seaforth Crescent, Seaforth, NSW


14

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IN WITNESS WHEREOF, the Parties have signed this Agreement on the date first set out above.

|                                                                                                                        |  |         |  |                                                       
|----------------------------------------------------------------------------------------------------------------------- |  | ------- |  | ------------------------------------------------------
|THE COMMON SEALofCOLLINS
FOODS GROUP PTY LTDis affixed as
required by the terms of its Constitution:                    |  | )
)
)   |  |                                                       
|                                                                                                                        |  |         |  |                                                       
|/s/KEVIN PERKINSSignature of Director/Secretary                                                                         |  |         |  | /s/LYNNE GRACESignature of Director                   
|                                                                                                                        |  |         |  |                                                       
|Kevin PerkinsName of Director/Secretary                                                                                 |  |         |  | Lyne GraceName of Director                            
|                                                                                                                        |  |         |  |                                                       
|THE COMMON SEALofWORLDWIDE
RESTAURANT CONCEPTS, INC.is
affixed as required by the terms of its Articles
of Association: |  | )
)
)
) |  |                                                       
|                                                                                                                        |  |         |  |                                                       
|/s/A. KEITH WALLSignature of Authorised Representative                                                                  |  |         |  | /s/MICHAEL GREENSignature of Authorised Representative
|                                                                                                                        |  |         |  |                                                       
|A. Keith WallName of Authorised Representative                                                                          |  |         |  | A. Keith WallName of Authorised Representative        
|                                                                                                                        |  |         |  |                                                       
|SIGNEDfor and on behalf of the individual AUSTRALIAN MANAGEMENT GROUP
MEMBERSby the members of the Executive
Group:     |  | )
)
)
) |  |                                                       
|                                                                                                                        |  |         |  |                                                       
|/s/KEVIN PERKINSKevin Perkins                                                                                           |  |         |  | /s/LYNNE GRACELynne Grace                             
|                                                                                                                        |  |         |  |                                                       
|/s/KEVIN PERKINSJames Ryan                                                                                              |  |         |  | /s/SIMON PERKINSSimon Perkins                         

15

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