<PAGE>
Exhibit 10.13

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                     8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                      Building L-200
New York, NY 10118                                          Scottsdale, AZ 85258

TEL: 212-216-9732                                              TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net


                         LIGHTHOUSE FINANCIAL GROUP, LLP




                            PLACEMENT AGENT AGREEMENT

         THIS PLACEMENT AGENT AGREEMENT (the "Agreement") is made and entered
into as of the 7th day of June, 2001 and through the period ending the 31 day of
December, 2001 by and between Virtgame.com, Corp., a Delaware corporation, with
a business address at 5230 Carroll Canyon Road, Suite 318, San Diego, CA, 92121
(the "Issuer"), and Lighthouse Financial Group, LLC, a Delaware limited
liability company, with a business address at 350 Fifth Avenue, Suite 5808, New
York, NY, 10118 (the "Agent").

                                    RECITALS:

         A. The Issuer desires to obtain the services of Agent to assist it in
an offering and sale of the Stock in the certain jurisdictions and to assist it
by introducing a broker-dealer who will engage in any type of offering to the
existing holders of approximately 14 million shares of Common Stock outstanding,
$.001 par value (the "Stock"), at a price to be determined per share in cash
(the "Offering").

         B. The Agent is a member of the National Association of Securities
Dealers, Inc. (the "NASD") and is willing, as an Agent, to assist the Issuer in
the offering and sale of the Stock in the Jurisdictions on the terms and
conditions set forth herein.

                                   AGREEMENT:

         NOW, THEREFORE, for and in consideration of the foregoing, and of the
mutual covenants, agreements, undertakings, representations and warranties
contained herein, the parties hereto agree as follows:

         I. APPOINTMENT OF AGENT. The Issuer hereby appoints the Agent as its
Agent in the Jurisdictions for the Offering.

         The Issuer further appoints the Agent to act in its behalf to
(introduce a broker -dealer) to form and manage a selling group to sell the
Offering. The Issuer maintains the right in its sole discretion to approve or
disapprove any potential member of the selling group.

         2. ACCEPTANCE OF APPOINTMENT; Best Efforts. The Agent hereby accepts
the appointment described in Section I above and agrees, as Agent for the
Issuer, to use its best efforts to find purchasers for the Stock in the
Jurisdictions. The Agent makes no commitment to purchase all or any of the
shares of the Stock.

                                       1
<PAGE>


LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                    8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                     Building L-200
New York, NY 10118                                         Scottsdale, AZ 85258

TEL: 212-216-9732                                             TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net


                         LIGHTHOUSE FINANCIAL GROUP, LLP

         3. OTHER JURISDICTIONS. The Issuer retains the right to employ other
agents in jurisdictions other than the Jurisdictions for and in connection with
the sale of the Stock. However, the Issuer, in its sole discretion, may accept
or reject those agents.

         4. PROCEEDS to Issuer. The net proceeds that shall be paid to the
Issuer on the sale of Stock by the Agent at a price to be determined per share.

         5. AGENT COMPENSATION. (a) As compensation for its activities hereunder
and pursuant hereto, the Agent shall be paid a commission as follows:

                  i.       Engagement fee in the amount of $ 10,000 on or before
                           July 3 1 2001.

                  ii.      400,000 shares of Common Stock of the Issuer upon the
                           full execution of this Placement Agent Agreement.

                  iii.     The Agent and/or its designees shall have the right
                           to participate in any offering in which a
                           broker-dealer who was introduced by Agent to Issuer
                           engages in for the benefit of Issuer, upon such terms
                           and conditions as are satisfactory in form and
                           substance to Agent, Issuer and their respective
                           counsel at the time of such offering;

                  iv.      400,000 shares of Common Stock of the Issuer upon the
                           Closing of the Offering.

         (b)      Issuer shall prepare and file a registration statement
                  covering all or any portion of the Agent's stock and other
                  securities in the Issuer promptly after the closing of the
                  Offering.

         6. AGENT EXPENSES. The Agent shall be reimbursed for of all of its,
non-allowable due diligence expenses and legal fees in disbursements up to
$40,000, whether or not there is a closing under the Offering.

         7. SUBSCRIPTIONS. Each subscriber purchasing Stock through the Agent
shall subscribe for the Stock by completing and executing a subscription
agreement in the form attached hereto as Exhibit A ("Subscription Agreement")
and delivering the completed and executed Subscription Agreement along with
payment to the Agent. The Agent will transmit such Subscription Agreements
directly to the Issuer by noon the next business day after receipt.

         8. ACCEPTANCE OR REJECTION OF SUBSCRIPTIONS. The Issuer has the right
to accept or reject any subscription. Only upon the acceptance of a subscription
by the Issuer is a sale made. Upon the acceptance of a subscription, the Issuer
shall execute the acceptance on the Subscription Agreement, and shall forward a
duplicate of the accepted Subscription Agreement to the subscriber with a copy
to the Agent.

         9. REPRESENTATIONS AND WARRANTIES OF THE ISSUER. The Issuer represents
and warrants to, and agrees with the Agent that:

                                       2
<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                    8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                     Building L-200
New York, NY 10118                                         Scottsdale, AZ 85258

TEL: 212-216-9732                                             TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP

         (a)      The Issuer is a corporation duly organized, validly existing
                  and in good standing under the laws of the State of Delaware
                  with power and authority to own its properties and to conduct
                  its business as described in the Offering documents;

         (b)      The Issuer has a duly authorized and outstanding
                  capitalization as set forth in the Offering documents, its
                  capital stock conforms to the description contained in the
                  Offering documents and the Stock conforms to the description
                  contained in the Offering documents and the Stock, when issued
                  and delivered pursuant to Subscription Agreements, shall be
                  duly and validly issued, fully paid and non-assessable;

         (c)      The Issuer shall prepare and file the Offering documents with
                  the Jurisdictions in which such filing(s) is required, if any
                  and shall use its best efforts to cause the registration or
                  exemption with each such regulatory agency to become
                  effective;

         (d)      The Offering documents does not contain any untrue statement
                  of a material fact or omit to state any material fact required
                  to be stated or necessary to make the statements in the
                  Offering documents, in light of the circumstances under which
                  they are made, not misleading;

         (e)      The consolidated financial statements and schedules filed
                  with, and as part of, the Offering documents present fairly
                  the cost of the assets, the liabilities and the capital stock
                  of the Issuer as of the dates of the statements and schedules,
                  all in conformity with generally accepted accounting
                  principles ("GAAP") applied on a consistent basis throughout
                  the entire periods involved, except that those of such
                  financial statements and schedules that are unaudited do not
                  contain the notes normally required by GAAP and are subject to
                  audit adjustments, and since the respective dates of the
                  financial statements and schedules there has been no material
                  adverse change in the condition or general affairs of the
                  Issuer, financial or otherwise, other than as referred to in,
                  or contemplated by, the Offering documents;

The execution and delivery of this Agreement, the consummation of the
transactions contemplated in this Agreement and compliance with the terms and
provision of this Agreement shall not conflict with, or result in a breach of,
any of the terms or provisions of, or constitute a default under, the Articles
of Incorporation, as amended, or the Bylaws of the Issuer or any of its
subsidiaries, or any indenture, mortgage or other agreement or instrument to
which the Issuer or any of its subsidiaries is a party or by which any of their
respective assets or properties are bound, or any applicable law, rule,
regulation, judgment, order or decree of any government, governmental
instrumentality or court, domestic or foreign, having jurisdiction over the
Issuer or any of its subsidiaries or any of their respective assets or
properties, except for instances where not material to the Issuer;

         (g)      This Agreement has been duly authorized, executed and
                  delivered on behalf of the Issuer, and is the valid, binding
                  and enforceable obligation of the Issuer; and

         (h)      No authorization, approval, consent or license of any
                  regulatory body or authority is required for the valid
                  authorization, issuance, sale and delivery of the Stock, or,
                  if so required, all authorizations, approvals, consents and
                  licenses have been obtained and are in full force and effect,
                  except for instances where not material to the Issuer.


                                       3
<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                    8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                     Building L-200
New York, NY 10118                                         Scottsdale, AZ 85258

TEL: 212-216-9732                                             TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP


         10. COVENANTS OF THE ISSUER. The Issuer covenants that:

         (a)      The Issuer shall not at any time make or file any amendment or
                  supplement to the Offering documents of which the Agent
                  previously has not been advised and furnished a copy, or to
                  which the Agent reasonably may object in writing. The Issuer
                  shall prepare and file any amendments or supplements to the
                  Offering documents that in the reasonable opinion of counsel
                  for the Agent may be necessary in connection with the offering
                  and sale of the Stock by the Agent, and shall use its best
                  efforts to cause each such amendment or supplement to become
                  effective as promptly as possible.

         (b)      The Issuer shall deliver to the Agent a confidential listing
                  of potential investors for the Offering, including contact
                  information for each such potential investor (the
                  "Confidential Investor List"). The Issuer shall also deliver
                  to the Agent, without charge, from time to time during the
                  term of this Agreement as many copies of the Offering
                  documents, the Offering Circular included therein (as amended
                  from time to time, the "Circular") and any other documents as
                  the Agent reasonably may request.

         (c)      The Issuer shall use its best efforts to comply with, and to
                  continue to comply with, all applicable state and federal
                  securities and other laws so as to permit the continuation of
                  the offering and sale of the Stock.

         (d)      The Issuer promptly shall notify the Agent in the event of (i)
                  the issuance by any federal or state securities commission or
                  authority of any stop order suspending the effectiveness of
                  the Offering documents, or (ii) the institution or notice of
                  the intended institution of any action or proceeding for that
                  purpose. The Issuer shall make every reasonable effort to
                  prevent the issuance of such a stop order, and, if such a stop
                  order is issued at any time, to obtain the withdrawal of the
                  order at the earliest possible time.

         (e)      The Issuer will cooperate with the Agent in connection with,
                  and shall make available to the Agent such documents and other
                  information as the Agent shall reasonably require to satisfy,
                  its reasonable due diligence requirements.

         11. REPRESENTATIONS AND WARRANTIES OF THE AGENT. The Agent represents
and warrants to, and agrees with the Issuer that:

         (a)      The Agent is a member in good standing of the NASD and is
                  currently licensed in the jurisdictions in which the offering
                  will be sold;

         (b)      The Agent and all persons employed by it or who work for it as
                  agents have all necessary permits, licenses and permissions to
                  enable it and them to act as agent for the Issuer in the
                  offering and sale of the Stock as required by applicable state
                  and federal securities and other laws; and

                                       4
<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                    8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                     Building L-200
New York, NY 10118                                         Scottsdale, AZ 85258

TEL: 212-216-9732                                             TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP

         (c)      Neither the Agent nor any partner, director or officer of the
                  Agent is disqualified under Rule 262 promulgated under the
                  Securities Act or any applicable disqualification provision of
                  any Jurisdiction's law.

         12. COVENANTS OF THE AGENT. The Agent covenants that:

         (a)      The Agent shall not sell the stock offered pursuant to the
                  Offering documents in any manner that violates the conditions
                  imposed by applicable state or federal securities laws in
                  connection with an offer and sale of securities pursuant to
                  registrations pertaining to the Offering and under the
                  Securities Act and the registrations and/or exemptions
                  therefrom in each of the Jurisdictions.

         (b)      The Agent shall use its best efforts to contact all of the
                  potential investors listed in the Confidential Investor List
                  to be provided by the Issuer for purposes of Offering and
                  selling the Stock in the Offering. The Agent shall be limited
                  to offering the Stock solely to the potential investors listed
                  in the Confidential Investor List, and the Agent shall not be
                  required to contact any additional potential investors listed
                  in the Confidential Investor List not already contacted by the
                  Agent, after the Issuer has accepted Subscription Agreements
                  from investors for the total amount of Stock available in the
                  Offering.

         13. TERMINATION OF AGREEMENT. This Agreement may, subject to the other
provisions hereof, be terminated as follows:

         (a)      At any time prior to the commencement of the Offering, the
                  Issuer may, by notice to the Agent, terminate this Agreement;
                  and at any time prior to the commencement of the Offering, the
                  Agent may, by notice to the Issuer, terminate this Agreement;

         (b)      By the Agent at any time by notice to the Issuer because of
                  any failure on the part of the Issuer to comply with any of
                  the terms and provisions, or to fulfill any of the conditions
                  hereof, or if for any reason the Issuer is unable to perform
                  its obligations hereunder;

         (c)      By the Issuer at any time by notice to the Agent because of
                  any failure on the part of the Agent to comply with any of the
                  terms and provisions, or to fulfill any of the conditions
                  hereof, or if for any reason the Agent is unable to perform
                  its obligations hereunder;

         (d)      By the Issuer at any time by notice to the Agent because of
                  disapproval of the terms of this Agreement by the NASD, SEC,
                  or any state securities regulatory authority charged with
                  approving such agreements or the registration of the Offering
                  or any exemption therefrom. However, without first terminating
                  this Agreement, the Issuer and the Agent, by mutual written
                  consent, may amend this Agreement, by adding, deleting, or
                  modifying any of the provisions hereof if necessary to obtain
                  approval of this Agreement or of the offering by the NASD,
                  SEC, or any state securities regulatory authority.

         (e)      Upon the occurrence and satisfactory completion of the
                  offering and sale of all of the Stock and the distribution of
                  the proceeds to the Agent.

                                       5
<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                    8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                     Building L-200
New York, NY 10118                                         Scottsdale, AZ 85258

TEL: 212-216-9732                                             TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP


         14. INDEMNIFICATION. The Issuer shall indemnify and hold harmless the
Agent and each person, if any, who controls the Agent within the meaning of
Section 15 of the Securities Act from and against any and all losses, claims,
damages, expenses or liabilities, joint or several, to which they or any of them
may become subject under the Securities Act or under any other statute or at
common law or otherwise, and, except as provided below, shall reimburse the
Agent and each controlling person, if any, for any legal or other expenses
reasonably incurred by them or any of them in connection with investigating or
defending any actions whether or not resulting in any liability, insofar as the
losses, claims, damages, expenses, liabilities actions or expenses
(collectively, "Losses") arising out of or are based upon any untrue statement
or alleged untrue statement of a material fact contained in the Offering
documents, or arising out of or based upon the omission or alleged omission to
state a material fact contained in the Offering documents, or arising out of or
based upon the omission or alleged omission to state a material fact required to
be stated in the Offering documents necessary in order to make the statements in
the Offering documents not misleading, unless the untrue statement or omission
was made in the Offering documents in reliance upon and in conformity with
information furnished in writing to the Issuer by the Agent directly or through
counsel expressly for the purpose of inclusion therein. However, this
indemnification provision shall not benefit the Agent or any person controlling
the Agent if the Agent failed to send or give a copy of the Offering documents
to a person at or prior to the time an offer of Stock was made to that person,
or acted in violation of any covenants made by it herein.

         Promptly after receipt by the Agent or any person controlling the Agent
of notice of the commencement of any action with respect to which
indemnification may be sought from the Issuer under this Section, the Agent
shall notify the Issuer in writing of the commencement, and, subject to the
provisions stated below, the Issuer shall assume the defense of the action
(including the employment of counsel and the payment of expenses) in so far as
the action relates to any alleged Losses with respect to which indemnification
may be sought from the Issuer. The Agent or any person controlling the Agent
shall have the right to employ separate counsel in any action and to participate
in the defense of the action, but the fees and expenses of such counsel must be
specifically authorized in writing by the Issuer before being incurred. The
Issuer shall not be liable, and shall not be required, to indemnify any person
in connection with any settlement of any action effected without the Issuer's
consent in writing.

         The Agent shall indemnify and hold harmless the Issuer, each of its
directors, each of its officers, and each person, if any, who controls the
Issuer within the meaning of Section l5ofthe Securities Act from and against any
and all Losses to which they or any of them may become subject under the
Securities Act or under any other statute or at common law or otherwise, and,
except as provided below, shall reimburse the Issuer and each director, officer
or controlling person, if any, for any legal or other expenses reasonably
incurred by them or any of them in connection with investigating or defending
any actions whether or not resulting in any liability, (i) insofar as the Losses
arise out of or are based upon any untrue statement or alleged untrue statement
of a material fact contained the Offering documents, or arise out of or are
based upon the omission or alleged omission to state a material fact required to
be stated in the Offering documents or necessary in order to make the statements
in the Offering documents not misleading, but only in so far as the untrue
statement or omission was made in the Offering documents in reliance upon and in


                                       6
<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                    8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                     Building L-200
New York, NY 10118                                         Scottsdale, AZ 85258

TEL: 212-216-9732                                             TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP


conformity with information furnished in writing to the Issuer by the Agent
directly or through counsel expressly for the purpose of inclusion therein, or
(ii) in so far as the Losses arise out of or are based upon any statements made
or action taken in connection with an offer or sale in connection with the
offering and under the Securities Act and the registrations and/or exemptions
therefrom in each of the Jurisdictions.

         Promptly after receipt of notice of the commencement of any action with
respect to which indemnification may be sought from the Agent under this
Section, the Issuer shall notify the Agent in writing of the commencement, and,
subject to the provisions stated below, the Agent shall assume the defense of
the action (including the employment of counsel and the payment of expenses) in
so far as the action relates to any alleged Losses with respect to which
indemnification may be sought from the Agent. The Issuer and each director,
officer or controlling person shall have the right to employ separate counsel in
any action and to participate in the defense of the action, but the fees and
expenses of the counsel shall not be the expense of the Agent unless the
employment of the counsel has been specifically authorized in writing by the
Agent. The Agent shall not be liable, and shall not be required, to indemnify
any person in connection with any settlement of any action effected without the
Agent's consent in writing.

         15. CONTRIBUTION. If the indemnity referred to in Section 14 should be,
for any reason whatsoever, unenforceable, unavailable or otherwise insufficient
to hold each indemnified person harmless, the indemnified person shall pay to or
on behalf of each indemnified person contributions for Losses so that each
indemnified person ultimately bears only a portion of such Losses as is
appropriate (i) to reflect the relative benefits received by each such
indemnified person, respectively, on the one hand and the indemnifying person on
the other hand in connection with the transaction, or (ii) if the allocation of
that basis is not permitted by applicable law, to reflect not only the relative
fault of each such indemnified person, respectively, and the indemnifying person
as well as any other relevant equitable considerations. The respective relative
benefits received by the Agent and the Issuer shall be deemed to be in the same
proportion as the aggregate commission paid to the Agent bears to the total
gross proceeds of the Offering. The relative fault of each indemnifying person
shall be determined by reference to, among other things, whether the actions or
omissions to act were by such indemnifying person and the parties' relative
intent, knowledge, Access to information and opportunity to correct or prevent
such action or omission to act.

         16. PROVISIONS TO SURVIVE DELIVERY. The representations, warranties,
covenants, indemnities, understandings, agreements, and other statements of the
Issuer and the Agent contemplated by, set forth in, or made pursuant to, this
Agreement and the indemnification agreements of the Issuer and the Agent shall
survive delivery of, and payment for, the Stock.

         17. ARBITRATION. Any dispute arising out this Agreement or breach
hereof shall, at the election of a party hereto, by written notice to the other
(the "Non-electing Party"), be referred to the American Arbitration Association
(the "AAA") to be settled by arbitration in the city and state where the
Non-electing Party, or its principal executive office, is located under the then
existing Commercial Arbitration Rules of the AAA. Any arbitration conducted
pursuant hereto shall be conducted by a recognized independent and impartial


                                       7
<PAGE>


LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                    8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                     Building L-200
New York, NY 10118                                         Scottsdale, AZ 85258

TEL: 212-216-9732                                             TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP


arbitrator mutually agreed to by the Issuer and the Agent involved in such
dispute, or, if they cannot agree, by three (3) arbitrators, one chosen by the
Issuer, one chosen by the Agent and the third (who shall be a recognized
independent and impartial arbitrator and who shall act as chairperson of the
arbitrators) selected by the first two arbitrators; provided, however, that if
either party fails to appoint an arbitrator within fifteen (15) calendar days of
its receipt of written notice by the other that the other has appointed an
arbitrator, the arbitration shall be conducted by an arbitrator selected by the
AAA. If the arbitrators selected by the issuer and the Agent fail to agree on a
third arbitrator, the third arbitrator shall be appointed by the AAA. All costs
of each arbitration pursuant to this Section (including, without limitation, all
fees of the arbitrator(s) and attorneys' fees) shall be borne by the party whose
last written offer of settlement (or claim if no offer of settlement was made by
such party) differed by a greater amount from the award made by the
arbitrator(s), or in the case of an arbitration to determine a matter other than
a dollar amount or percentage, by the party against whom the decision of the
arbitration(s) shall be rendered, as such issue is determined by the
arbitrator(s); provided, however, that no offer of settlement shall be disclosed
by a party to the arbitrator(s) until after the arbitrator(s) has (have)
rendered an award or decision on the merits.

         Any award granted or decision reached pursuant to arbitration hereunder
shall be final and binding upon the parties and payment shall be made as so
determined within seven calendar days of the date of the award or decision.
Judgment upon the arbitration award or decision may be entered in any court
having competent jurisdiction.

         18. GOVERNING LAW. This Agreement shall be construed in accordance with
the laws of the State of New York without regard to conflict of law principles.

         19. ASSIGNMENT. Neither this Agreement nor any interest of any party
herein may be assigned, pledged or transferred without the prior written consent
of the parties hereto.

         20. Binding Effect. This Agreement inures to the benefit of, and is
binding upon, the parties hereto, and their respective heirs, representatives,
successors, assigns and controlling person, but nothing herein shall be
construed as an authorization or right of any party to assign its rights and
obligations hereunder. A successor or an assign does not include a purchaser of
Stock of the Issuer solely by reason of that purchase.

         21. WAIVER. No waiver of any provision hereof is valid unless it is in
writing and signed by the person against whom it is charged.

         22. NOTICE. Any notice required or permitted to be given pursuant
hereto must be in writing addressed to the person at the address specified
herein, or at an address changed in this manner.

         23. ENTIRE AGREEMENT. This Agreement, including all exhibits,
constitutes the entire agreement among the parties with respect to the subject
matter hereof.

                                       8
<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                    8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                     Building L-200
New York, NY 10118                                         Scottsdale, AZ 85258

TEL: 212-216-9732                                             TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP

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

       THE ISSUER:                                 VIRTGAME. M, CORP.



                                                By:  /S/ Leo 1. George
                                                     -----------------
                                                     Leo 1. George
                                                     Chairman of the Board



       THE AGENT:                               Lighthouse Financial Group, LLC



                                                By:   /S/ Robert J. Bradley
                                                      ---------------------
                                                      Robert J. Bradley
                                                      Principal/ Partner


                                       9

<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                     8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                      Building L-200
New York, NY 10118
                                                            Scottsdale, AZ 85258
TEL: 212-216-9732
                                                               TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP

August 25, 2001

AMENDED AND RESTATED:
---------------------

                            PLACEMENT AGENT AGREEMENT
                            -------------------------

         THIS PRIVATE PLACEMENT AGREEMENT (the "Agreement") is made and entered
into as of the 18th day of April, 2001 and through the period ending the 30th
day of September, 2001 by and between Virtgame.com, Corp., a Delaware
corporation, with a business address at 5230 Carroll Canyon Road, Suite 318, San
Diego, CA, 92121 (the "Issuer"), and Lighthouse Financial Group, LLC, a Delaware
limited liability company, with a business address at 350 Fifth Avenue, Suite
5808, New York, NY, 10118 (the "Agent").

                                    Recitals:
                                    ---------

         A. The Issuer desires to obtain the services of Agent to assist it in
an effort to raise a minimum of $37,500 and a maximum of $500,000 in bridge
financing capital (the "Offering"). The Issuer is offering to sell to certain,
qualified investors a maximum of 13 Units each of which consists of one 10%
Subordinated Convertible Note for a principal amount of $3 7,5 00 a unit and a
warrant to purchase 150,000 shares of Common Stock of the Company (the "Units").

         B. The Agent is a member of the National Association of Securities
Dealers, Inc. (the "NASD") and is willing, as an Agent, to assist the Issuer in
the offering and sale of the Units in the Jurisdictions on the terms and
conditions set forth herein.

                                   Agreement:
                                   ----------

         5.       AGENT COMPENSATION. (a) As compensation for its activities
hereunder and pursuant hereto, the Agent shall be paid a commission as follows:

         i.       Each acceptance by the Company, in whole or in part, of a
                  Subscription Agreement from any prospective Purchaser shall be
                  deemed to be a separate closing as of the date of such
                  acceptance (a "Closing"). As sole consideration for the
                  services provided by Agent hereunder, within five (5) days of
                  any Closing, the Company shall pay to Agent cash and or
                  warrants in any combination of the two in an amount equal to
                  twenty percent (20%) of the total principal amount of any
                  Units actually purchased by a prospective Purchaser first
                  introduced to the Company by the Agent and accepted by the
                  Company.

                                        1
<PAGE>


LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                     8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                      Building L-200
New York, NY 10118
                                                            Scottsdale, AZ 85258
TEL: 212-216-9732
                                                               TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP


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

            THE ISSUER:                        VIRTGAME.COM, CORP.



                                                  By:
                                                        Scott A. Walker
                                                        Chief Executive Officer




            THE AGENT:                         Lighthouse Financial Group, LLC



                                                   By:
                                                        Robert J. Bradley
                                                        Principal/ Partner

                                       2
<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                     8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                      Building L-200
New York, NY 10118
                                                            Scottsdale, AZ 85258
TEL: 212-216-9732
                                                               TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP

October 1, 2001

Second Amended and Restated:
----------------------------

                            PLACEMENT AGENT AGREEMENT
                            -------------------------

         THIS PRIVATE PLACEMENT AGREEMENT (the "Agreement") is made and entered
into as of the 18" day of April, 2001 and through the period ending the 31st day
of December, 2001 by and between Virtgame.com, Corp., a Delaware corporation,
with a business address at 5230 Carroll Canyon Road, Suite 318, San Diego, CA,
92121 (the "Issuer"), and Lighthouse Financial Group, LLC, a Delaware limited
liability company, with a business address at 350 Fifth Avenue, Suite 5808, New
York, NY, 10118 (the "Agent").

                                    Recitals:
                                    ---------

         A. The Issuer desires to obtain the services of Agent to assist it in
an effort to raise a minimum of $37,500 and a maximum of $500,000 in bridge
financing capital (the "Offering"). The Issuer is offering to sell to certain,
qualified investors a maximum of 13 Units each of which consists of one 10%
Subordinated Convertible Note for a principal amount of $37,500 a unit and a
warrant to purchase 150,000 shares of Common Stock of the Company (the "Units").

         B. The Agent is a member of the National Association of Securities
Dealers, Inc. (the "NASD") and is willing, as an Agent, to assist the Issuer in
the offering and sale of the Units in the Jurisdictions on the terms and
conditions set forth herein.

                                   Agreement:
                                   ----------

         5.       AGENT COMPENSATION. (a) As compensation for its activities
hereunder and pursuant hereto, the Agent shall be paid a commission as follows:

         i.       Each acceptance by the Company, in whole or in part, of a
                  Subscription Agreement from any prospective Purchaser shall be
                  deemed to be a separate closing as of the date of such
                  acceptance (a "Closing"). As sole consideration for the
                  services provided by Agent hereunder, within five (5) days of
                  any Closing, the Company shall pay to Agent cash and or
                  warrants in any combination of the two in an amount equal to
                  twenty percent (20%) of the total principal amount of any
                  Units actually purchased by a prospective Purchaser first
                  introduced to the Company by the Agent and accepted by the
                  Company.

<PAGE>

LIGHTHOUSE FINANCIAL GROUP, LLC
MEMBERS NASD, SIPC
Empire State Building                                     8360 E. Via de Ventura
350 Fifth Avenue, Suite 5807                                      Building L-200
New York, NY 10118
                                                            Scottsdale, AZ 85258
TEL: 212-216-9732
                                                               TEL: 480-905-5525
FAX: 212-216-9735
E-mail: jmorfit@lhfg.net

                         LIGHTHOUSE FINANCIAL GROUP, LLP


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


            THE ISSUER:                                 VIRTGAME.COM, CORP



                                                  By:
                                                        Scott A. Walker
                                                        Chief Executive Officer




            THE AGENT:                         Lighthouse Financial Group, LLC



                                                   By:
                                                        Robert J. Bradley
                                                        Principal/ Partner