EXHIBIT 10.9

                         Debt Settlement Agreement

     THIS DEBT SETTLEMENT AGREEMENT is dated effective the 12th day of
December, 2001.

BETWEEN:  LMC CAPITAL CORP., a body corporate, duly incorporated
          pursuant to the laws of the State of Nevada, and having
          offices at Suite 2602 - 1111 Beach Ave., Vancouver, BC V6E 1T9

(the "Company")

AND:      ETIFF HOLDINGS, INC., a body corporate, duly
          incorporated pursuant to the laws of the State of
          Delaware and having its offices at 8025 Excelsior Drive,
          Suite 200 Madison, Wisconsin 53717

(the "Creditor")

AND:      K-TRONIK INT'L CORP., a body corporate, duly
          incorporated pursuant to the laws of the State of
          California and having its offices at 290 Vincent Avenue
          3rd Floor, Hackensack NJ 07601

          ("K-Tronik")

AND:      EIGER TECHNOLOGIES INC., a body corporate, duly
          incorporated pursuant to the laws of the Province of
          British Columbia and having its offices at 330 Bay
          Street, Toronto, Ontario M5H 2S8

          ("Eiger")

A.  The COMPANY, K-TRONIK, EIGER and ETIFF (a wholly owned
    subsidiary of EIGER) have agreed, pursuant to a share purchase
    agreement dated effective November 29, 2001 (the "K-Tronik
    Agreement"), that the Company and ETIFF are to engage in a
    reverse acquisition of the Company by ETIFF which results in
    ETIFF holding a majority of the issued and outstanding shares of
    LMC and which will also result in the Company holding all of the
    issued and outstanding shares of K-Tronik.

B.  ETIFF is owed the sum of $4,071,000 by K-Tronik (the "Debt")
    which sum includes principal and interest accruing to date.

C.  Pursuant to the K-Tronik Agreement, the Company has agreed on
    Closing to settle the Debt of K-Tronik, which is to be its
    subsidiary, and to issue to ETIFF, in full and final
    satisfaction of the Debt, 4,071,000 shares of its common stock
    (the "Shares").  ETIFF has agreed to accept the Shares in full
    and final satisfaction of the Debt.

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the sum
of $10.00 paid by the Company to the Creditor, the receipt and
sufficiency of which is hereby acknowledged by the Creditor, and subject
to the terms and conditions hereinafter set out, the parties hereto have
agreed and do hereby agree as follows:

1.  Eiger, to the extent that it has not already done so, hereby
    acknowledges that it has no further interest in and to the Debt
    and that the Debt has been assigned to ETIFF in consideration of
    the issuance to Eiger of  shares of ETIFF.  K-Tronik, to the
    extent that it has not already done so, agrees to this
    assignment of the Debt to ETIFF and consents to it.

2.  Subject to the closing of the K-Tronik Agreement and subject to
    the terms hereof, the Company agrees to issue, and the Creditor
    agrees to accept, the Shares in full and complete satisfaction
    of the Debt.

3.  Subject to the closing of the K-Tronik Agreement and upon
    delivery of the Shares to the Creditor, the Creditor releases
    and forever discharges the Company and K-Tronik, their
    successors and assigns, from all manner of actions, suits,
    debts, dues, accounts, bonds, contracts, claims and demands
    whatsoever which against the Company and K-Tronik it ever had,
    now has, or which its successors or assigns or any of them
    hereafter may have, by reason of the Debt owing by K-Tronik to
    the Creditor.

4.  The Creditor acknowledges and agrees that the issuance of the
    Shares by the Company shall be conditional upon the closing of
    the reverse acquisition contemplated by the K-Tronik Agreement.

5.  The Creditor acknowledges that there are no representations or
    warranties given by the Company or its Directors or Officers
    concerning the value of the Shares. The Creditor further
    acknowledges that this is not a formal proposal pursuant to any
    bankruptcy legislation.

6.  The Creditor acknowledges that the distribution of the Shares is
    exempted from the registration and prospectus requirements of
    the Securities Act of 1933 and accordingly any resale or further
    distribution of the Shares is subject to the registration
    requirements of said Act unless an exemption from resale
    registration can be found.  The Creditor acknowledges that the
    distribution to it of the Shares does not constitute a "public"
    sale or distribution as contemplated in Section 4(2) of the
    Securities Act of 1933.

7.  The parties hereto agree to execute all further documents and
    assurances as may be necessary to give effect to the intent
    expressed herein.

8.  Notwithstanding any other term contained herein, the Creditor
    shall be entitled, in its sole discretion, to terminate this
    Agreement at any time prior to the issuance of the Shares by the
    Company.

9.  Save and except as concerns the K-Tronik Agreement, it is agreed
    that this written instrument embodies the entire agreement of
    the parties hereto with regard to the matters dealt with herein,
    and that no understandings or agreements, verbal or otherwise,
    exist between the parties except as herein expressly set out.

10. Time shall be of the essence in this Agreement.

11. This Agreement shall be governed by and be construed in
    accordance with the laws of the State of Nevada  The courts of
    the State of Nevada shall have sole jurisdiction to hear and
    determine all manner of disputes and claims arising out of or in
    any way connected with the construction, breach or alleged,
    threatened or anticipated breach of this Agreement and determine
    all questions as to the validity, existence or enforceability hereof.

12. This Agreement shall enure to the benefit of and be binding upon
    the parties hereto, their respective heirs, executors,
    administrators, successors and assigns.

13. All funds referred to in this Agreement are in US funds.

14. This Agreement may be executed in two or more counterparts and
    by facsimile, each of which shall be deemed an original, but all
    of which together shall constitute one and the same instrument.

15. The parties hereto agree that they shall, before and after
    closing of the K-Tronik Agreement take all steps reasonably
    necessary to effect the transactions contemplated in this
    Agreement and, in particular, shall take all steps reasonably
    necessary to comply with any State or Federal US laws relating
    to the assignments of debt contemplated herein.

IN WITNESS WHEREOF the parties have executed this Agreement on the day
and year first above written.

LMC CAPITAL CORP.
/s/ Philip Cassis
Philip Cassis, President

K-TRONIK INT'L CORP.
/s/ Robert Kim
Mr. Robert Kim, President and Director

EIGER TECHNOLOGY CORP.
/s/ Gerry Racicot
Mr. Gerry Racicot, President and Director

ETIFF HOLDINGS, INC.
/s/ Keith Attoe
Mr. Keith Attoe, Secretary and Director