**Exhibit      10.32**

**STOCK      ISSUANCE AND PARTICIPATION RIGHTS AGREEMENT**

**STOCK      ISSUANCE AND PARTICIPATION RIGHTS AGREEMENT**

**RECITALS**

**WHEREAS,**

**WHEREAS,      **

**NOW,      THEREFORE**

| **I.** | **ISSUANCE                OF SHARES** |
|--------|---------------------------------------|

|   | A. | Closing.                Upon the terms and subject to the conditions set forth in this Agreement,                as consideration for MTVN’s execution and delivery of the License                Agreement and the rights and licenses granted by MTVN under the License                Agreement, the Company shall issue the Shares to MTVN (registered                i/n/o                “Viacom International Inc.”), and MTVN shall accept the Shares from the                Company. MTVN’s execution and delivery of the License Agreement and the                rights and licenses granted by MTVN under the License Agreement shall                constitute full payment of the purchase price by MTVN for the Shares.                The                closing of the issuance of the Shares (the “Closing”)                shall take place concurrently herewith at the offices of Hughes Hubbard                & Reed LLP, One Battery Park Plaza, New York, NY, or at such other                time and place as the Parties may mutually                agree. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | B. | Conditions                to Closing.                MTVN’s obligation to accept the Shares at the Closing is subject to (i)                the execution and delivery of the License Agreement by the Company                and                (ii) the execution and delivery of this Agreement by the Company.                The                Company’s obligation to issue the Shares at the Closing is subject to (i)                the execution and delivery of the License Agreement by MTVN and (ii)                the                execution and delivery of this Agreement by                MTVN. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | C. | Certificates.                One or more certificates evidencing ownership of the Shares shall                contain                the legends set forth in paragraph 4(F) hereof. In addition, MTVN                hereby                covenants and agrees that the Shares may only be disposed of in compliance                with state and federal securities laws. In connection with any transfer                of                the Shares that is not registered under the Securities Act of 1933,                as                amended (the “Securities                Act”),                the Company may require MTVN to provide to the Company an opinion                of                counsel reasonably satisfactory to the Company, to the effect that                such                transfer does not require registration of such transferred Shares                under                the Securities Act. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | D. | Lock-up.                Notwithstanding anything to the contrary in this Agreement, MTVN                hereby                covenants and agrees that during the period commencing from the issuance                of the Shares as contemplated by this Agreement and ending on the                two-year                anniversary of the Effective Date, MTVN shall not, without the prior                written consent of the Company, offer, sell, agree to sell, assign,                transfer, pledge or otherwise dispose of the Shares (including, without                limitation, any pledge or, and/or grant of a security interest in,                some or                all of the Shares in connection with a margin account or other loan                secured by the Shares); provided,                however,                that no consent shall be necessary from the Company in the event                of any                such offer, sale, agreement to sell, assignment transfer, pledge                or other                disposition of the Shares to one or more of MTVN’s                affiliates. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | E. | Listing                of Securities.                The Company agrees, (i) at any time the Common Stock is listed or                traded                on the New York Stock Exchange, the American Stock Exchange, the                Nasdaq                Global Market, the Nasdaq Capital Market, the OTC Bulletin Board                or any                other trading market (each, a “Trading                Market”),                it will cause the Shares to be listed and admitted for trading on                such                Trading Market as promptly as possible, and (ii) it will take all                action                reasonably necessary to continue the listing and trading of its Common                Stock on such Trading Market and will comply in all material respects                with                the Company’s reporting, filing and other obligations under the bylaws or                rules of any such Trading Market. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **II.** | **GRANT                OF PARTICIPATION RIGHT** |
|---------|-------------------------------------------------|

|   | A. | The                Company shall, at least fourteen (14) days prior to any issuance                by the                Company of any of its securities (other than Excluded Securities)                in a                transaction primarily for the purpose of raising capital (a “Financing”),                give written notice of such proposed issuance to MTVN (the “Participation                Right Notice”).                The Participation Right Notice shall describe the securities proposed                to                be issued by the Company and specify the number, price and payment                terms.                MTVN shall have the participation right, for a period of ten (10)                days                from such notice, to purchase, at the same price per security and                on                substantially the same terms and conditions (and subject to execution                of                substantially similar definitive documentation) as are being offered                to                other investors in such proposed Financing, such number of additional                securities of the Company equal to an aggregate of thirty-five percent                (35%) of the aggregate gross proceeds of such proposed Financing.                MTVN may                accept the Company’s offer as to the full number of securities offered to                it or any lesser number, by delivering written notice thereof to                the                Company prior to the expiration of the aforesaid ten (10) day period,                in                which case in the event of and upon the closing of such proposed                Financing, the Company shall sell, and MTVN shall purchase, at the                same                price per security and on the same terms and conditions (and subject                to                execution of substantially similar definitive documentation) as are                being                sold to other investors in such proposed Financing, the number of                securities agreed to be purchased by MTVN in such written notice.                If the                Company does not receive such written notice from MTVN prior to the                expiration of the aforesaid ten (10) day period, MTVN shall be deemed                to                have notified the Company that it does not elect to participate in                such                proposed Financing and the Company shall be free at any time, after                the                end of the aforesaid ten (10) day period and prior to sixty (60)                days                after the end of the aforesaid ten (10) day period, to sell to any                third                party or parties the number of such securities not agreed by MTVN                to be                purchased by it. However, if such third party sale or sales are not                consummated within such sixty (60) day period, the Company shall                not sell                such securities as shall not have been purchased within such period                without again complying with this paragraph. As used in this Agreement,                “Excluded                Securities”                shall mean (it is understood and agreed that the following list of                Excluded Securities is provided for the avoidance of doubt and that                Excluded Securities are not likely to be issued in any Financing)                (i)                securities issued to employees officers, directors, contractors,                advisors                or consultants of the Company pursuant to employee benefit plans,                arrangements or agreements approved by the Company’s Board of Directors,                (ii) securities issued or issuable upon exercise of any options,                warrants                or other rights to purchase any securities of the Company, (iii)                any                equity securities issued pursuant to a merger, acquisition or similar                business combination, (iv) shares issued in connection with any stock                split, stock dividend, or recapitalization of the Company and (v)                any                equity securities issued in connection with a public offering of                the                Company’s securities. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | B. | The                Company’s obligations under the above paragraph shall terminate and be of                no further force or effect automatically and without further action                upon                the earlier of (i) a Change of Control in the Company (as defined                in                Section 9.3 of the License Agreement) or (ii) the termination or                expiration of the License                Agreement. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| **III.** | **REPRESENTATIONS                AND WARRANTIES OF THE                COMPANY** |
|----------|---------------------------------------------------------------------------------|

|   | A. | The                Company is duly incorporated, validly existing and in good standing                under                the laws of the State of Nevada, with the corporate power and authority                to                own and use its properties and assets and to carry on its business                as                currently conducted. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | B. | The                Company has the requisite corporate power and authority to enter                into and                to consummate the transactions contemplated by this Agreement and                otherwise to carry out its obligations                hereunder. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | C. | The                authorized capital of the Company consists of 310,000,000 shares                of                capital stock, of which there are authorized 300,000,000 shares of                common                stock, $0.001 par value per share, and 10,000,000 shares of preferred                stock, $0.001 par value per share. 24,130,276 shares of such common                stock                are issued and outstanding and no shares of such preferred stock                are                issued and outstanding. No securities of the Company are entitled                to                preemptive or similar rights, and no Person (as defined below) has                any                right of first refusal, preemptive right, right of participation,                or any                similar right to participate in the issuance of the Shares or the                other                transactions contemplated by this Agreement. “Person”                means an individual, corporation, partnership, limited liability                company,                limited general partnership, syndicate, person, trust, association,                organization or other entity. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | D. | Upon                the issuance of the Shares as contemplated by this Agreement, the                Shares                shall be duly and validly issued, fully-paid and nonassessable, free                and                clear of any lien, except for restrictions on the transfer of securities                arising under federal or state securities laws and regulations and                except                as contemplated by paragraph I.D of this                Agreement. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | E. | The                execution, delivery and performance of this Agreement by the Company                and                the consummation of the transactions contemplated hereby do not and                will                not (i) conflict with or violate any provision of the Company’s                certificate or articles of incorporation, bylaws or other organizational                or charter documents; or (ii) except as would not reasonably be expected                to result in a material adverse effect in the Company’s business assets,                financial condition or results of operations, conflict with, or constitute                a default (or an event that with notice or lapse of time or both                would                become a default) under of any agreement to which the Company or                any of                its subsidiaries is a party, result in a violation of any law, rule,                regulation, order, judgment, induction, decree or other restrictions                of                any court or governmental authority to which the Company or any of                its                subsidiaries is subject or by which any of their assets are bound                or                otherwise subject. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | F. | The                Company has filed all reports, forms or other information required                to be                filed by it under the Securities Exchange Act of 1934, as amended                (the                “Exchange                Act”),                including pursuant to Section 13(a) or 15(d) thereof, for the twelve                months preceding the date hereof or such shorter period as the Company                was                required by law to file such reports (the foregoing materials and                all                exhibits included therein and financial statements, notes and schedules                thereto and documents incorporated by reference therein being collectively                referred to herein as the “SEC                Reports”)                on a timely basis or has timely filed a valid extension of such time                of                filing and has filed any such SEC Reports prior to the expiration                of any                such extension. As of their respective dates, the SEC Reports complied                in                all material respects with the requirements of the Securities Act                and the                Exchange Act and the rules and regulations of the Commission promulgated                thereunder, and none of the SEC Reports, when filed, contained any                untrue                statement of material fact or omitted to state a material fact required                to                be stated therein or necessary in order make the statements therein,                in                light of the circumstances under which they were made, not misleading.                The                financial statements of the Company included in the SEC Reports comply                in                all material respects with applicable accounting requirements and                the                rules and regulations of the Commission with respect thereto as in                effect                at the time of filing (or amendment thereto, as applicable). Such                financial statements have been prepared in accordance with GAAP applied                on                a consistent basis during the periods involved, except as may be                otherwise                specified in such financial statements or the notes thereto, and                fairly                present in all material respects the financial position of the Company                and                its consolidated Subsidiaries as of and for the dates thereof and                the                results of operations and cash flows for the periods then ended,                subject,                in the case of unaudited statements, to normal, immaterial, year-end                audit                adjustments. For purposes of this Agreement, any reports, forms or                other                information provided to the Commission whether by filing, furnishing                or                otherwise providing, is included in the term “filed” (or any derivations                thereof). |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | G. | Except                as specified in the SEC Reports, the Company has not, since October                27,                2006, received notice from any Trading Market to the effect that                the                Company is not in compliance with the listing or maintenance requirements                thereof. The Company is, and has no reason to believe that it will                not in                the foreseeable future continue to be, in compliance with the listing                and                maintenance requirements for continued listing of the Common Stock                on the                Trading Market on which the Common Stock is currently listed or quoted.                The issuance and sale of the Shares under this Agreement does not                contravene the rules and regulations of the Trading Market on which                the                Common Stock is currently listed or quoted, and no approval of the                shareholders of the Company thereunder is required for the Company                to                enter into and to consummate the transactions contemplated by this                Agreement, including, without limitation, to issue and deliver the                Shares                to MTVN as contemplated by this                Agreement. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **IV.** | **REPRESENTATIONS                AND WARRANTIES OF MTVN** |
|---------|-----------------------------------------------------------|

|   | A. | MTVN                understands and acknowledges that: (i) the Shares have neither been                registered under the Securities Act nor qualified under any state                securities laws; (ii) the Shares are being offered and issued pursuant                to                an exemption from registration contained in the Securities Act and                qualification provisions of applicable state securities laws; and                (iii)                the availability of such exemption and qualification provisions depends                in                part on, and the Company will rely upon the accuracy and truthfulness                of,                our representations contained in this Agreement to the extent they                impact                such exemption and MTVN hereby consents to such                reliance. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | B. | MTVN                understands and acknowledges that the Shares may not be offered,                resold,                pledged or otherwise transferred except (i) pursuant to an exemption                from                registration under the Securities Act or pursuant to an effective                registration statement in compliance with Section 5 under the Securities                Act and (ii) in accordance with all applicable securities laws of                the                states of the United States. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | C. | MTVN                is acquiring the Shares solely for its own account for investment                and not                for the interest of any other person and not with a view to, or in                connection with, any resale or distribution of the Shares or any                part                thereof. MTVN has no agreement, arrangement or other understanding                with                any Person to sell, transfer or pledge the Shares or any part thereof                or                which would guarantee MTVN any profit or against any loss with respect                to                such Shares, and MTVN has no plan to enter into such an agreement                or                arrangement; provided,                however,                that it is understood and agreed that the transfer to an affiliate                of MTVN                as contemplated by the proviso in paragraph I.D. shall not mean that                this                representation and warranty was inaccurate. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | D. | MTVN                is not acquiring the Shares as a result of any advertisement, article,                notice or other communication regarding the Shares published in any                newspaper, magazine or similar media or broadcast over television                or radio                or presented at any seminar or any other general solicitation or                general                advertisement. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | E. | MTVN                is an “accredited investor” as defined in Rule 501(a) under the Securities                Act. MTVN is not a registered broker-dealer under Section 15 of the                Exchange Act. MTVN has such knowledge, sophistication and experience                in                business and financial matters so as to be capable of evaluating                the                merits and risks of such investment. MTVN is able to bear the economic                risks of an investment in the Shares and is able to afford a complete                loss                of such investment. MTVN can afford to hold the Shares for an indefinite                period of time and MTVN has no need for liquidity in an investment                in the                Shares. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | F. | MTVN                understands and acknowledges that there will be placed on the certificates                evidencing the Shares, or any substitutions therefor, the following                legends: |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | G. | MTVN                acknowledges that prior to MTVN’s decision to make an investment in the                Shares, MTVN has reviewed the SEC Reports as necessary to make an                informed                investment decision with respect to MTVN’s investment in the                Shares. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | H. | MTVN                acknowledges that an investment in the Shares involves, and has considered                carefully before deciding to make an investment in the Shares, certain                risks and uncertainties set forth in the SEC Reports, including those                identified under the heading “Risk Factors” in the Company’s most recent                Quarterly Report on Form 10-QSB and the Company’s most recent Annual                Report on Form 10-KSB, filed with the Securities and Exchange Commission.                MTVN has taken full cognizance of, understands such risks, and has                obtained sufficient information to evaluate the merits and risks                of an                investment in the Shares. MTVN understands and acknowledges that                no                federal or state agency has passed on or made any recommendations                or                endorsements with respect to MTVN’s acquisition of the                Shares. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | I. | In                making its decision to make an investment in the Shares, MTVN has                relied                solely upon its own independent investigation made by it and its                legal                counsel and advisors. MTVN understands and agrees that, except as                set                forth in this Agreement, neither the Company nor the Company’s management                is making any representations or warranties of any kind respecting                the                Shares or any economic returns or tax related effects that may result                from                MTVN’s acquisition of the Shares, except for the express representations                and warranties of the Company contained in this Agreement. MTVN disclaims                reliance upon any statements, representations, warranties or projections                by the Company respecting the Company, the Shares or the present                or future                value of the Shares, except for the express representations and warranties                of the Company contained in this                Agreement. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| **V.** | **MISCELLANEOUS** |
|--------|-------------------|

|   | A. | No                Assignment.                This Agreement shall be binding upon and shall inure to the benefit                of the                Parties hereto and their permitted assigns, except that neither this                Agreement nor either Party’s                rights or obligations hereunder shall                be assigned or transferred by either Party without the prior written                consent of the other Party                and any attempted assignment without                such written consent shall be void *ab                initio*                and of no force and effect; provided,                however, that (a) no consent shall be necessary from the Company                in the                event of any one or more assignments of any and/or all rights or                obligations hereunder, to one or more of MTVN’s affiliates or any                successor entity(ies) resulting from a merger, acquisition or                consolidation, spin-off, divestiture or otherwise succeeding to all                or a                substantial portion of the assets or business of MTVN. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | B. | Notices.                All notices and other communications required or permitted under                this                Agreement shall be in writing and delivered personally, mailed, first                class mail, postage prepaid, or via a nationally recognized overnight                courier, to the applicable Party at the addresses set forth below,                unless,                by notice, a Party changes or supplements the addressee and addresses                for                giving notice. All notices shall be deemed given on the date of                delivery. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | C. | Governing                Law and Interpretation; WAIVER OF JURY TRIAL.                This Agreement and all disputes, claims, actions, suits or other                proceedings arising hereunder shall be governed by, and construed                in                accordance with, the substantive law of the State of New York applicable                to contracts wholly made and to be performed within the State of                New York.                Each Party irrevocably submits to the sole and exclusive jurisdiction                of                the courts of New York State and the Federal courts of the Southern                District of New York, situated in the City, County and State of New                York.                Each Party irrevocably consents to the exercise of personal jurisdiction                over each of the Parties by such courts and waives any right to plead,                claim or allege that New York is an inconvenient forum. This Agreement                may                be executed in any number of counterparts, all of which taken together                shall constitute one single agreement between the Parties. Notwithstanding                the foregoing, each Party agrees that a final judgment in any such                suit,                action or other proceeding shall be conclusive and may be enforced                in                other jurisdictions by suit on the judgment or in any other manner                provided by law. EACH PARTY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL                BY                JURY OF ANY DISPUTE ARISING OUT OF OR RELATING TO THIS AGREEMENT                AND                AGREES THAT ANY SUCH DISPUTE SHALL BE TRIED BEFORE A JUDGE SITTING                WITHOUT                A JURY. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | D. | Amendment;                Waiver; Severability.                No amendment, modification, waiver or discharge of any provision                of this                Agreement shall be valid unless made in writing and signed by an                authorized representative of the Party against enforcement is sought.                No                failure or delay by either Party to exercise any right or enforce                any                obligation shall impair or be construed as a waiver or on-going waiver                of                that or any or other right or power, unless made in writing and signed                by                both Parties. If any provision of this Agreement is held to be illegal,                invalid or unenforceable, the remaining provisions of this Agreement                shall                be unimpaired and remain in full force and                effect. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | E. | Survival.                Any provision of this Agreement which, either by its terms or to                give                effect to its meaning, must survive, shall survive the cancellation,                expiration or termination of this Agreement. The representations                and                warranties of the Parties shall survive the Closing notwithstanding                any                knowledge that any Party may have and notwithstanding any investigation                conducted by any Party. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | F. | Entire                Agreement.                This Agreement and the License Agreement constitute the entire agreement                between the Parties and supersedes any prior or inconsistent agreements,                negotiations, representations and promises, written or oral with                respect                to the subject matter hereof. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | G. | Headings.                The headings and the paragraphs in this Agreement are for convenience                only                and shall not control or affect the meaning or construction of any                of the                provisions of this Agreement. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | H. | Counterparts.                This Agreement may be executed in one or more counterparts, all of                which                shall be considered one and the same agreement and each of which                shall be                deemed an original, and will become effective when one or more                counterparts have been signed by a party and delivered to the other                parties. Copies of executed counterparts transmitted by telecopy,                telefax                or other electronic transmission service shall be considered original                executed counterparts for purposes of this paragraph V.H., provided                that                receipt of copies of such counterparts is confirmed. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**[**
***Signature      Page Follows***
**]**

----

**IN      WITNESS WHEREOF,**

| **MTV                NETWORKS a division of VIACOM**                               | **GOFISH                CORPORATION**                 |
|------------------------------------------------------------------------------------|-------------------------------------------------------|
| **INTERNATIONAL                INC.**                                              |                                                  |
|                                                                               |                                                  |
| By:                                                                                |   /s/                Michael D. Fricklas    |   | By: |   /s/                Tabreez Verjee |   |
| Name:                   Michael D. Fricklas                         | Name:                   Tabreez Verjee |
| Title:                   Executive Vice President, General Counsel, | Title:                  President           |
|  Secretary                                                                    |                                                  |

**SIGNATURE      PAGE TO STOCK ISSUANCE AND PARTICIPATION RIGHTS AGREEMENT**

----