# WARRANT
AGREEMENT

# OF
STEALTH MEDIALABS, INC.

# 312,500
Shares

# Dated
as of October 1, 2002

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# WARRANT
AGREEMENT

This
WARRANT AGREEMENT (this Agreement) is made and entered into
as of October 1, 2002 (the Issuance Date), by and between Stealth
MediaLabs, Inc., a Nevada corporation (the Company), and GCH
Capital, Ltd., or its assigns (the Holder).

The
Company and the Holder hereby agree as follows:

Section 1.
Issuance of the Warrant; Transferability and Form of the Warrant.

| | a. The Warrant. The Company hereby grants to the Holder a warrant
attached hereto as Annex A (the Warrant) to purchase up to an
aggregate of 312,500 shares of the common stock, $0.01 par value, of the Company
(the Common Stock), at an exercise price of $0.35 per share. The
shares of fully paid, duly authorized and non-assessable Common Stock issuable
upon exercise of the Warrant are referred herein as the Warrant
Shares.
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| | b. Transfer Restrictions. Holder agrees not to sell, transfer or
otherwise dispose of the Warrant or Warrant Shares, unless a registration
statement under the Securities Act of 1933, as amended (the Securities
Act), is in effect with regard thereto or unless such sale, transfer or
other disposition is made pursuant to a transaction exempt from such
registration and registration or qualification under applicable state securities
laws.
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| | c. Transfer  General. Subject to the terms hereof, the Warrant
shall be transferable only on the books of the Company maintained at its
principal office upon delivery thereof duly endorsed by the Holder or by its
duly authorized attorney or representative, or accompanied by proper evidence of
succession, assignment or authority to transfer. In all cases of transfer, the
original power of attorney, duly approved, or a copy thereof, duly certified,
shall be deposited and remain with the Company. In case of transfer by
executors, administrators, guardians or other legal representatives, duly
authenticated evidence of their authority shall be produced, and may be required
to be deposited and to remain with the Company in its discretion. Upon any
registration of transfer, the person to whom such transfer is made shall receive
a new Warrant or Warrants as to the portion of the Warrant transferred, and the
Holder shall be entitled to receive a new Warrant or Warrants from the Company
as to the portion thereof retained (each of which new Warrants shall evidence
the right to purchase one (1) Warrant Share or an integral multiple of one (1)
Warrant Share). The designated transferee or transferees will be recorded in the
register maintained by the Company as the Holder(s) of the new Warrant(s).
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| | d. Form of the Warrant. The form of the Warrant and of the election
to purchase Warrant Shares (the Subscription Form) shall be
substantially as set forth respectively in Annex A and Annex B attached hereto.
The Warrant and any replacement Warrant shall be executed on behalf of the
Company by its Chairman of the Board, its Chief Executive Officer, President or
one of its Vice Presidents. The Warrant shall be dated as of the date of
execution thereof by the Company either upon initial issuance or upon transfer.
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Section 2.
Term of the Warrant; Exercise of the Warrant; Restrictions on Exercise;  Exercise  Price,
Etc.

| | a. Term of the Warrant.Subject to the terms of this Agreement,
Holder shall have the right, which right may be exercised in whole or in part,
from time to time, beginning on the Issuance Date and ending on July 1, 2007
(the Expiration Date), to purchase from the Company Warrant Shares.
If the last day for the exercise of the Warrant is not a day (a Business
Day) other than a Saturday, Sunday or other day on which commercial banks
in New York, New York are authorized or required by law to close, then the
Warrant may be exercised on the next succeeding Business Day.
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| | Notwithstanding
the foregoing, in no event shall Holder be entitled to exercise any portion of
the Warrant to the extent that, after such exercise, the sum of (1) the number
of shares of Common Stock beneficially owned by the Holder, and (2) the number
of shares of Common Stock issuable upon the full or partial exercise of the
Warrant with respect to which the determination of this sentence is being made,
would result in beneficial ownership by Holder of more than 4.99% of the
outstanding shares of Common Stock (after taking into account the shares to be
issued to Holder upon such exercise). For purposes of the immediately preceding
sentence, beneficial ownership shall be determined in accordance with Section
13(d) of the Securities Exchange Act of 1934, as amended (the 1934
Act) ), and Rule 13d-3 promulgated thereunder. The Holder further
agrees that if the Holder transfers or assigns any of the Warrant to any
affiliate of such Holder, such transfer or assignment shall be made subject to
the transferees or assignees specific agreement to be bound by the
provisions of this Section. This provision will be waived upon the closing of a
merger or other acquisition of the Company or a substantial portion of its
assets.
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| | b.
Vesting of the Warrant. The Warrant is fully vested and may be
exercised on or after the Issuance Date in accordance with the terms of this
Agreement and the Warrant.
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| | c. Exercise of the Warrant.The Warrant may be exercised upon
surrender to the Company, at its principal office, of the Warrant, together with
the Subscription Form completed and signed, and upon payment to the Company of
the Exercise Price (as defined in and determined in accordance with the
provisions of Sections 2(e)and 6 hereof) for the number of Warrant
Shares in respect of which such Warrant is then being exercised (such surrender
of Warrant, delivery of the Subscription Form and payment of the Exercise Price
hereinafter called the Exercise of the Warrant). Upon partial
exercise, a new Warrant for the unexercised Warrant Shares shall be delivered by
the Company to Holder within five (5) Business Days. Subject to Section 2(f),
payment of the Exercise Price shall be by delivery of cash, or a certified or
official bank check in the amount of such Exercise Price.
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| | Subject
to Section 3 hereof, upon such surrender of a Warrant and payment of the
Exercise Price as aforesaid, the Company shall issue and cause to be delivered
within five (5) Business Days to Holder or, upon the written order of the
Holder, in such name or names as Holder may designate, a certificate or
certificates for the number of Warrant Shares so purchased upon the exercise of
such Warrant, together with cash, as provided in Section 6(d) hereof in lieu of
any fractional Warrant Shares otherwise issuable upon such surrender. 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 Warrant Shares as of the date of the Exercise of the Warrant.
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| | d. Compliance with Government Regulations.Holder acknowledges that
neither the Warrant nor the Warrant Shares have been qualified or registered
under the Securities Act or any state securities laws, and therefore may be sold
or disposed of in the absence of such registration or qualification only
pursuant to an exemption from such registration or qualification and in
accordance with this Agreement. Until such time as the Warrant Shares have been
registered under the Securities Act, the Warrant and the Warrant Shares will
bear a legend to the following effect:
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| | THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND
EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR WITH THE
SECURITIES COMMISSION OF ANY STATE UNDER ANY APPLICABLE STATE SECURITIES OR BLUE
SKY LAWS. SUCH SECURITIES MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT
PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR IN A TRANSACTION EXEMPT FROM
THE REGISTRATION REQUIREMENTS OF THOSE SECURITIES LAWS.
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| | e.
Exercise  Price.  The price per share at which the Warrant  Shares shall be  purchasable
upon exercise of  the  Warrant  shall be $0.35 per share of Common  Stock,  subject to
adjustment  as provided in Section 6  hereof (the "Exercise Price").
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| | f.
Cashless/Net Exercise. In lieu of exercising the Warrant or any portion  thereof
for cash, the Holder shall have the right to convert the Warrant, or any  portion
thereof, into Warrant Shares by executing and delivering to the Company,  at its
principal executive office, a duly executed Subscription Form, specifying  the number of
Warrant Shares as to which the Warrant is being exercised, and  accompanied by the
surrender of the Warrant. The number of Warrant Shares to be  issued shall be computed
using the following formula:
X = [y(A-B)]/A
X = the number of Warrant Shares to be issued to such Holder
Y = the total number of Warrant Shares then issuable upon exercise of the Warrant in full
A = the Fair Value (as defined below) of one Warrant Share
B = the Exercise Price (as adjusted) on the date of conversion
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Section
3. Payment of Taxes.The Company will pay all documentary stamp
taxes, if any, attributable to the issuance of the initial Warrant delivered
pursuant to this Agreement and Warrant Shares upon the exercise of Warrant. The
Company shall not be required to pay any income tax or taxes resulting from the
issuance of the Warrant or any other tax or taxes other than as set forth above
which may be payable in respect of any transfer involved in the issue or
delivery of the Warrant or certificates for Warrant Shares.

Section
4. Mutilated or Missing Warrant.In case any Warrant shall be
mutilated, lost, stolen or destroyed, the Company shall issue and deliver in
exchange and substitution for and upon cancellation of the mutilated Warrant, or
in lieu of and substitution for the Warrant lost, stolen or destroyed, a new
Warrant of like tenor and representing an equivalent right or interest; but only
upon receipt of evidence reasonably satisfactory to the Company of such loss,
theft or destruction of such Warrant and an agreement to indemnify the Company,
also reasonably satisfactory to the Company.

Section 5.
Reservation of Warrant Shares.

| | a. Reservation of Warrant Shares.Therehave been reserved,
and the Company shall at all times reserve, out of its authorized and unissued
shares of Common Stock, that number of shares of Common Stock sufficient at all
times to provide for the full exercise of the Warrant. The transfer agent for
the Common Stock and every subsequent transfer agent (Transfer
Agent) for any shares of the Companys capital stock issuable upon
the exercise of the Warrant will be and are hereby irrevocably authorized and
directed at all times until 5:00 p.m. Pacific Time on the Expiration Date to
reserve such number of authorized shares as shall be requisite for such purpose.
The Company will keep a copy of this Agreement on file with the Transfer Agent
for any shares of the Companys capital stock issuable upon the exercise of
the Warrant. The Company covenants that the issuance, sale and delivery of the
Warrant in accordance with this Agreement, and the issuance, sale and delivery
of the Warrant Shares upon exercise of the Warrant have been duly authorized by
all necessary corporate action on the part of the Company. Sufficient authorized
but unissued shares of Common Stock have been reserved by all necessary
corporate action in connection with the prospective exercise of the Warrant. The
Company covenants that all Warrant Shares which may be issued upon exercise of
Warrant will, upon payment in accordance with this Agreement be duly authorized,
validly issued, fully paid, nonassessable, and free of and from all preemptive
or stock purchase rights, taxes, liens, charges, pledges, mortgages, security
interests, and other encumbrances or claims of any kind with respect thereto
except as created by such Holder. The Company will supply the Transfer Agent
with duly executed stock certificates for such purpose and will provide or
otherwise make available any cash which may be payable as provided in Section
6(d) of this Agreement. The Company will furnish to such Transfer Agent a copy
of all notices of adjustments, and certificates related thereto, transmitted to
each Holder. Any Warrant surrendered in the exercise of the rights thereby
evidenced shall be, subject to the issuance of replacement Warrant for the
Warrant Shares not exercised at such time pursuant to Section 2(c), canceled by
the Company.
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| | b.  Cancellation  of Warrant.  In the event the Company shall purchase or otherwise  acquire
any Warrant,  the  same shall be canceled and retired.
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Section
6. Adjustment of Exercise Price and Number of Warrant Shares. The
number and kind of securities purchasable upon the exercise of the Warrant and
the Exercise Price shall be subject to adjustment from time to time upon the
happening of certain events, as hereinafter discussed.

| | a. Mechanical  Adjustments.  The number of Warrant  Shares  purchasable  upon the exercise
of the Warrant and  the Exercise Price shall be subject to adjustment as follows:
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| | i.
Subdivision or Combination of Shares.In case the Company shall at any
time subdivide (including, without limitation through a stock split or stock
dividend) its outstanding shares of Common Stock into a greater number of
shares, the Exercise Price in effect immediately prior to such subdivision shall
be proportionally reduced and the number of Warrant Shares purchasable hereunder
shall be proportionately increased. In case the outstanding shares of the Common
Stock of the Company shall be combined (including, without limitation through a
reverse stock split) into a smaller number of shares, the Exercise Price in
effect immediately prior to such combination shall be proportionately increased
and the number of Warrant Shares purchasable hereunder shall be proportionately
decreased; provided, however, in no event shall the Exercise Price
for the Warrant Shares exceed the aggregate Exercise Price of the unexercised
portion of the Warrant Shares.
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| | ii.
Reorganization, Merger, etc.In case of any capital reorganization,
reclassification or similar transaction involving the capital stock of the
Company (other than as provided in Section 6(a)(ii)), any consolidation, merger
or business combination of the Company with another corporation, or the sale,
conveyance or similar transaction of all or substantially all of its assets to
another corporation, shall be effected in such a way that holders of the Common
Stock shall be entitled to receive stock, securities, or assets (including cash)
with respect to or in exchange for shares of the Common Stock, then, prior to
and as a condition of such reorganization, reclassification, consolidation,
merger, business combination, sale, conveyance or similar transaction, lawful
and adequate provision shall be made whereby the Holder shall thereafter have
the right to receive upon exercise of the Warrant and in lieu of the Warrant
Shares, such shares of stock, securities or assets (including cash) as may be
issued or payable with respect to or in exchange for a number of outstanding
shares of Common Stock equal to the number of shares of Common Stock immediately
theretofore purchasable upon the exercise of the Warrant had such
reorganization, reclassification, consolidation, merger, business combination,
sale, conveyance or similar transaction not taken place. In any such case,
appropriate provision shall be made with respect to the rights and interests of
the Holder to the end that the provisions hereof (including, without limitation,
provisions for adjustment of the Exercise Price and of the number of Warrant
Shares purchasable upon the exercise of the Warrant) shall thereafter be
applicable, as nearly as possible in relation to any stock, securities or assets
thereafter deliverable upon the exercise of the Warrant.
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| | iii.
Adjustment of Number of Shares.Subject to any applicable exceptions set
forth in Section 6(a)(vii) below, if and whenever after the date hereof the
Company shall in any manner (i) issue or sell any shares of its Common Stock for
less than Fair Value (as defined in Section 6(a)(ix) below) as determined at the
date of such issuance or sale (based on the date the certificates representing
such shares were issued, regardless of the date printed on such certificates),
or (ii) issue, sell or grant (whether directly or indirectly or by assumption in
a consolidation, merger or otherwise) any rights to subscribe for or to purchase
any options, warrant, convertible securities, exchangeable securities, or any
other securities or other rights to acquire from the Company shares of Common
Stock (the Common Stock Equivalents), or issue or sell (whether
directly or indirectly or by assumption in a merger or otherwise) Common Stock
Equivalents, and the price per share for which Common Stock is issuable upon
exercise, conversion or exchange of such Common Stock Equivalents (determined by
dividing (x) the aggregate amount received or receivable by the Company as
consideration for the issue, sale or grant of such Common Stock Equivalents,
plus the minimum aggregate amount of additional consideration, if any, payable
to the Company upon the conversion, exchange or exercise thereof, by (y) the
total maximum number of shares of Common Stock issuable upon the exercise,
conversion or exchange of all such Common Stock Equivalents) shall be less than
the Fair Value of the Common Stock on the date of such issue, sale or grant,
whether or not the rights to convert, exchange or exercise thereunder are
immediately exercisable, then (A) the Exercise Price shall be reduced to a price
determined by multiplying the Exercise Price in effect prior to the adjustment
referred to in this Section 6(a)(iv) by a fraction, the numerator of which is an
amount equal to the number of shares of Common Stock outstanding immediately
prior to such issue, sale or grant, and the denominator of which is the total
number of shares of Common Stock outstanding immediately after such issue, sale
or grant (assuming exercise or conversion of any Common Stock Equivalents issued
in such issue, sale or grant), and (B) the number of shares of Common Stock,
taking into account all shares of Common Stock thereto issued upon exercise of
each Warrant, required to be issued by the Company to the Holder (the
Exercise Quantity) shall be adjusted to equal the number obtained by
dividing (x) the Exercise Price in effect immediately prior to such issue, sale
or grant, multiplied by the Exercise Quantity immediately prior to such issue,
sale or grant by (y) the Exercise Price resulting from the adjustment made
pursuant to clause (A) above.
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| | iv.
Record Date.The record date for the holders of Common Stock for the
purpose of entitling them (a) to receive a dividend or other distribution
payable in shares of Common Stock or Common Stock Equivalents, or (b) to
subscribe for purchase or otherwise receive any shares of Common Stock or Common
Stock Equivalents shall be the date determined by the Board as the record date
for such purposes or, if none is established by the Board, then the record date
shall be the date immediately prior to such action.
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| | v.
Prohibited Actions.So long as a Warrant is outstanding, then the Company
will not avoid or seek to avoid the observance or performance of any of the
terms of this Agreement or the Warrant or take any action which results in the
occurrence of any of the foregoing, but will at all times in good faith carry
out of all such terms and take all such actions as may be necessary or
appropriate in order to protect the rights of the Holder of the Warrant against
dilution or other impairment.
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| | vi.
Adjustment Notices to Holder.Whenever the number of Warrant Shares
purchasable upon the exercise of the Warrant or the Exercise Price of such
Warrant Shares is adjusted, as herein provided, the Company shall, within ten
(10) business days following the event which triggered such adjustment, mail by
first class, postage prepaid, to each Holder notice of such adjustment or
adjustments and shall deliver to each Holder a copy of a certificate (an
Adjustment Certificate) of either the Board of Directors of the
Company or of a firm of independent public accountants selected by the Board of
Directors of the Company (who may be the regular accountants employed by the
Company) setting forth the number of Warrant Shares purchasable upon the
exercise of the Warrant and the Exercise Price of such Warrant Shares after such
adjustment, setting forth a brief statement of the facts requiring such
adjustment and setting forth the computation by which such adjustment was made.
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| | vii.
Exercise Price Defined.As used in this Agreement and the Warrant, the
term Exercise Price shall mean the purchase price per share
specified in this Agreement and the Warrant until the occurrence of an event
specified in this Section 6 and thereafter shall mean said price, as adjusted
from time to time, in accordance with the provisions of this Section 6.
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| | viii.
Fair Value Defined.Fair Value as of a particular date shall mean the
closing price for the day before the day in question. The closing price shall be
the last reported sale price on the day in question or, in case no such reported
sale takes place on such day, on the most recent reported sale prior to such day
in question, in each case on the principal national securities exchange on which
the Common Stock is listed or admitted to trading or, if not listed or admitted
to trading on any national securities exchange, the last trade price as reported
by the National Association of Securities Dealers Automated Quotation System,
(the NASDAQ), Over the Counter or Bulletin Board market, or the
pink sheets, whichever is applicable. If such quotations are
unavailable, or with respect to other appropriate security, property, assets,
business or entity, Fair Value shall mean the fair value of such
item as determined by mutual agreement reached by the Company and the Holder of
Common Stock issuable under the Warrant or, in the event the parties are unable
to agree, an opinion of an independent nationally recognized investment banking,
accounting or appraisal firm or firms retained by the Company, at the
Companys expense, to determine such Fair Value.
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| | ix.
Adjustments: Additional  Shares,  Securities or Assets.  In the event that at any time,
as a result of an  adjustment  made  pursuant to this Section 6, the Holder  shall,  upon
Exercise of the Warrant,  become  entitled to receive  shares and/or other  securities or
assets (other than Common Stock) then,  wherever  appropriate,  all  references  herein
to shares of Common  Stock shall be deemed to refer to and include  such shares and/or
other  securities or assets;  and  thereafter  the number of such shares and/or other
securities or assets.
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| | x.
Computation of Adjustment.If any adjustment to the number of shares of
Common Stock issuable upon the exercise of each Warrant or any adjustment to the
Exercise Price is required pursuant to Section 6 hereof, the number of shares of
Common Stock issuable upon exercise of each Warrant or the Exercise Price shall
be rounded up to the nearest 1/100th cent or 1/100th
Share, as appropriate.
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| | b.
Notice of Consolidation or Merger.If the Company shall at any time
consolidate or merge into any other corporation or transfer all or substantially
all of its assets, then the Company shall deliver written notice to the Holder
of such merger, consolidation or sale of assets at least twenty (3) days prior
to the closing of such merger, consolidation or sale of assets and the Warrant
shall terminate and expire immediately prior to the closing of such merger,
consolidation or sale of assets.
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| | c.
Statement on the Warrant. Irrespective of any adjustments in the Exercise
Price or the number or kind of shares purchasable upon the exercise of the
Warrant, the Warrant theretofore or thereafter issued may continue to express
the same price and number and kind of shares as are stated in the Warrant
initially issuable pursuant to this Agreement; provided, however, that the
Warrant shall be exercisable on the terms set forth in the latest Adjustment
Certificate delivered pursuant to Section 6(a)(vi) hereof.
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Section
7. Registration Rights. So long as the Warrant Shares are not then
registered or otherwise freely tradeable by the Holder, each time that the
Company shall propose the registration under the Securities Act of any shares of
Common Stock of the Company, notice of such proposed registration stating the
total number of shares proposed to be the subject of such registration shall be
given to the record owners of the Warrants. The Company will automatically
include in any registration statement filed with the Commission with regard to
such proposed registration the number of Registrable Securities requested to be
included therein by the Holder, subject to any underwriters cutbacks. For
purposes hereof, the term Registrable Securities means the shares of
Common Stock issuable upon exercise of the Warrants, as well as any other shares
of Common Stock then beneficially owned by the Holder, to the extent such shares
cannot be resold without limitation by the holders thereof without registration
under the Securities Act.

Section
8. No Rights as Stockholder; Notices to Holder.Nothing
contained in this Agreement or in the Warrant shall be construed as conferring
upon the Holder or its permitted transferees the right to vote or to receive
dividends or to consent to or receive notice as a stockholder in respect of any
meeting of stockholders for the election of directors of the Company or any
other matter, or any rights whatsoever as a stockholder of the Company; provided
that this provision shall not limit the required notice as set forth in Section
6 hereof.

Section
9. Inspection of Warrant Agreement.The Company shall keep copies of
this Agreement and any and all notices given or received hereunder available for
inspection by the Holder during normal business hours at its principal office.

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Section
10. Identity of Transfer Agent.Forthwith upon the appointment of any
subsequent transfer agent for the Common Stock or any other shares of the
Companys capital stock issuable upon the exercise of the Warrant the
Company will notify the Holder of the name and address of such subsequent
transfer agent.

Section
11. Notices. Any notices, requests and demands by the Holder to the
Company pursuant to this Agreement to be effective shall be in writing
(including by facsimile), and, unless otherwise expressly provided herein, shall
be deemed to have been duly given or made when delivered by hand, or three (3)
days after being deposited in the mail, postage prepaid, or, in the case of a
facsimile notice, when received, or, in the case of delivery by a nationally
recognized overnight courier, when received, addressed to the Company at:

| | STEALTH MEDIALABS, INC.
203 N. Wabash, Suite 1805
Chicago, Illinois, 60601
Attention: President
Tel: (847) 356-0799
Fax: (312) 896-9235
| | ---------------------------------------------------------------------------------------------------------------------------------------

Any
notices, requests and demands by the Company to the Holder pursuant to this
Agreement to be effective shall be in writing (including by facsimile), and,
unless otherwise expressly provided herein, shall be deemed to have been duly
given or made when delivered by hand, or three (3) days after being deposited in
the mail, postage prepaid, or, in the case of a facsimile notice, when received,
or, in the case of delivery by a nationally recognized overnight courier, when
received, addressed to the Holder at their addresses on the signature page
hereto. 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 writing to
the other party.

Section
12. Governing Law.This Agreement shall be governed by and construed
in accordance with the laws of the State of California, without giving effect to
principles of conflict of laws thereof. The parties hereto agree to submit to
the jurisdiction of the courts of the State of California in any action or
proceeding arising out of or relating to this Agreement. Venue for any such
actions shall be in the state or federal courts of Los Angeles, California. In
the event of litigation, the prevailing party shall be entitled to reasonable
attorneys fees and costs.

Section
13. Supplements and Amendments.The Company and the Holder may from
time to time supplement or amend this Agreement in order to cure any ambiguity
or to correct or supplement any provision contained herein which may be
defective or inconsistent with any other provision herein, or to make any other
provisions in regard to matters or questions arising hereunder which the Company
and the Holder may deem necessary or desirable and which shall not be
inconsistent with the provisions of the Warrant and which shall not adversely
affect the interests of the Holder. Any such supplement or amendment shall be
effective only if signed by the Company and the Holder.

Section 14.
Successors.  All the  covenants  and  provisions  of this  Agreement by or for the
benefit of the  Company shall bind and inure to the benefit of the successors and assigns
of the parties hereto.

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Section
15. Benefits of This Agreement.Nothing in this Agreement shall be
construed to confer upon any person other than the Company and the Holder (and
their respective successors and assigns) any legal or equitable right, remedy or
claim under this Agreement and this Agreement shall be for the sole and
exclusive benefit of the Company and the Holder, and their respective assignees.

Section 16.
Captions.  The  captions of the Sections of this  Agreement  have been  inserted for
convenience  only and shall have no substantive effect.

Section 17.
Counterparts.  This  Agreement may be executed in any number of  counterparts  each of
which when  so executed shall be deemed to be an original;  but such  counterparts
together  shall  constitute but one and the  same instrument.

Section
18. Limitation of Liability.No provision hereof, in the absence of
affirmative action by any Holder to purchase shares of Common Stock, and no
enumeration herein of the rights or privileges of any Holder of a Warrant, shall
give rise to any liability of such Holder for the purchase price of any Common
Stock or as a shareholder of the Company, whether such liability is asserted by
the Company or by creditors of the Company.

Section
19. Waiver and Course of Dealing. No course of dealing or any delay
or failure to exercise any right hereunder on the part of any party thereto
shall operate as a waiver of such right or otherwise prejudice the rights,
powers or remedies of such party.

Section
20. THE PARTIES HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OF THE CONTEMPLATED
TRANSACTIONS, WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER SOUNDING IN
CONTRACT, TORT OR OTHERWISE. THE PARTIES AGREE THAT ANY OF THEM MAY FILE A COPY
OF THIS PARAGRAPH WITH ANY COURT AS WRITTEN EVIDENCE OF THE KNOWING, VOLUNTARY
AND BARGAINED-FOR AGREEMENT AMONG THE PARTIES IRREVOCABLY TO WAIVE TRIAL BY JURY
AND THAT ANY PROCEEDING WHATSOEVER BETWEEN THEM RELATING TO THIS AGREEMENT OR
ANY OF THE CONTEMPLATED TRANSACTIONS SHALL INSTEAD BE TRIED IN A COURT OF
COMPETENT JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.

IN
WITNESS WHEREOF, the Company has caused this Agreement to be duly executed as of
the day, month and year first above written.

|HOLDER:GCH CAPITAL, LTD.
By: /s/ Jean Turner
      Jean Turner, Secretary |  | THE COMPANY:STEALTH MEDIALABS, INC.,
By:  /s/ Howard E. Leventhal
Name: Howard E. Leventhal
Title: Chief Executive officer
|------------------------------------------------------------------------- |  | --------------------------------------------------------------------------------------------------------------------------

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# ANNEX
A

THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND
EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR WITH THE
SECURITIES COMMISSION OF ANY STATE UNDER ANY APPLICABLE STATE SECURITIES OR BLUE
SKY LAWS. SECURITIES MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO
AN EFFECTIVE REGISTRATION STATEMENT OR IN A TRANSACTION EXEMPT FROM THE
REGISTRATION REQUIREMENTS OF THOSE SECURITIES LAWS.

Warrant No. J02
-                  
                  
                  
         
                  
                  
                  
         
                  
                  
                  
         312,500 Shares

COMMON
STOCK PURCHASE WARRANT

# Void
After 5:00 P.M.

# Pacific
Time on July 1, 2007

THIS
CERTIFIES THAT, for value received, GCH Capital, Ltd., the registered holder of
this Common Stock Purchase Warrant (the Warrant) or permitted
assigns (the Holder), is entitled to purchase from STEALTH
MEDIALABS, INC., a Nevada corporation (the Company), subject to
Section 2(a) of the Warrant Agreement dated as of October 1, 2002, by and
between the Company and GCH Capital, Ltd. (the Warrant Agreement),
at any time until 5:00 p.m. Pacific Time on July 1, 2007 (the Expiration
Date), 312,500 shares of the common stock of the Company (the Common
Stock) at a price per share of $0.35 per share (the Purchase
Price). The number of shares purchasable upon exercise of this Warrant and
the Purchase Price per share shall be subject to adjustment from time to time as
set forth in the Warrant Agreement.

This
Warrant is issued under and in accordance with the Warrant Agreement and is
subject to the terms and provisions contained in the Warrant Agreement, all of
which are incorporated herein by reference. A copy of the Warrant Agreement
maybe obtained for inspection by the Holder hereof upon written request to the
Company.

This
Warrant may be exercised in whole or in part by presentation of this Warrant
with the Subscription Form, the form of which is attached hereto, duly executed
and simultaneous payment of the Exercise Price (subject to adjustment) at the
principal office of the Company. Payment of such price shall be payable at the
option of the Holder hereof in cash or by certified or official bank check or
wire transfer, or by tender of securities of the Company as set forth in the
Warrant Agreement.

This
Warrant may be exercised in whole or in part. Upon partial exercise, a Warrant
for the unexercised portion shall be delivered to the Holder. No fractional
shares will be issued upon the exercise of this Warrant but the Company shall
pay the cash value of any fraction upon the exercise of the Warrant.

The
Holder hereof maybe treated by the Company and all other persons dealing with
this Warrant as the absolute owner hereof for any purpose and as the person
entitled to exercise the rights represented hereby, or to the transfer hereof on
the books of the Company. Any notice to the contrary notwithstanding, and until
such transfer on such books, the Company may treat the Holder hereof as the
owner for all purposes.

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This
Warrant does not entitle the Holder hereof to any of the rights as a stockholder
of the Company until such time as this Warrant is exercised in accordance with
the Warrant Agreement.

| | STEALTH MEDIALABS, INC.,
a Nevada corporation
By:  /s/ Howard Leventhal
      Howard Leventhal
      Chief Executive Officer
| | ----------------------------------------------------------------------------------------------------------------------------

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ANNEX
B SUBSCRIPTION FORM

[INSERT DATE]

STEALTH
MEDIALABS, INC.

Attn:
President

Ladies and
Gentlemen:

[
   ] The undersigned hereby elects to exercise the warrant issued to it by
STEALTH MEDIALABS, INC. (the Company) pursuant to the Warrant
Agreement, between the Company and GCH Capital, Ltd., dated October 1, 2002,
(the Warrant Agreement) and to purchase thereunder ___________
(________) shares of Common Stock of the Company (the Shares) at a
purchase price of _______________ Dollars ($_______) per share or an aggregate
purchase price of _______________ Dollars ($_______) (the Purchase
Price).

[
   ] The undersigned hereby elects under the provision set forth in Section 2(f) of
the Warrant Agreement to make a net exercise of the Warrant as to __________
shares.

Pursuant
to the terms of the Warrant Agreement the undersigned has delivered the
aggregate Purchase Price herewith in full in cash or by certified check or wire
transfer, if applicable.

The
certificate(s) or other instruments for such shares shall be issued in the name
of the undersigned or as otherwise indicated below.

| | Very truly yours,
By:  ________________________
Name:  ______________________
Title: _______________________
| | ------------------------------------------------------------------------------------------------------------

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