EXHIBIT 10.3


                           Sonic Jet Performance, Inc.
                           11782 Western Ave. Unit 18
                                Stanton, CA 90680


                                October 30, 2002


A.   AGREEMENT:  Sonic Jet Performance,  Inc.,  herein referred to as "SJET" and
     Mission Capital  Investment  Group,  herein referred to as "Mission" hereby
     enter into this  agreement  for the  purpose  of  providing  capital  raise
     services  to SJET.  Mission  agrees to provide the herein  below  described
     services to SJET, and SJET agrees to provide the herein below  compensation
     for said services.


B.   SERVICES PROVIDED:

               1. Mission will use its "best efforts" to raise capital for SJET.
               Specifically, Mission will attempt to secure investors in the
               Private Placement dated April 10, 2002.

               2. Mission will attempt to correspond with shareholders,
               potential investors and the investment community for the purpose
               of introducing and raising capital for SJET.

               3. Mission may introduce candidates to SJET for strategic
               alliance, joint venture or other beneficial business
               relationships based upon subsequent agreement between the
               parties.

               4. Mission may introduce institutional investors to SJET and/or
               schedule events within the financial community in an effort to
               develop institutional investment in SJET (including investment
               not according to the Private Placement referenced above).

               5. Mission will provide compliance review, as needed, for all
               monies raised in the Private Placement.


C.   COMPENSATION:  As compensation for Mission's services under this Agreement,
     SJET hereby promises and agrees to compensate Mission in the following
     manner:

               1.   Twelve  percent  (12%)  commission  on any and  all  capital
                    raised for SJET directly by Mission; and

               2.   Five  percent  (5%)  in  SJET  common  stock  on any and all
                    capital raised for SJET directly by Mission.

               3.   Fifty-dollars   ($50)   per   customer   compliance   review
                    performed.


D.   TERMS AND CONDITIONS: This agreement will terminate, unless extended by the
     written agreement of both parties, on April 10, 2003. This Agreement may be
     cancelled  upon 120 days  advanced  written  notice to the  non-terminating
     party,  except that said 120 day written notice of cancellation  may not be
     given during the calendar month in which this Agreement is executed.



                    Initials: _____ (Mission); _____ (SJET)

<PAGE>

E.   REPRESENTATIONS  AND  WARRANTIES:  SJET and Mission  hereby  represent  and
     warrant as follows:

               1.   Both SJET and  Mission  have full legal  authority  to enter
                    into this Agreement.

               2.   The execution, delivery and providing of services under this
                    Agreement  within the time and manner herein  specified will
                    not conflict with, nor result in a breach of, nor constitute
                    default  to any  existing  agreement,  indenture,  or  other
                    instrument  to which  either SJET or Mission is  currently a
                    party or by which either entity may be bound or affected.

               3.   SJET  promises and agrees to  cooperate  with and to provide
                    all documents, records, certificates,  signatures,  releases
                    or other  writings  and/or things needed,  necessary  and/or
                    expedient to this Agreement upon written request.

               4.   Mission  warrants that it holds a broker/dealer  license and
                    is a  broker/dealer  in good  standing  with the  Securities
                    Exchange  Commission  (SEC) and the National  Association of
                    Securities Dealers (NASD). 5. Mission warrants that licensed
                    brokers  in  good  standing  with  the  Securities  Exchange
                    Commission (SEC) and the National  Association of Securities
                    Dealers (NASD) will perform all compliance work.


F.   ASSIGNMENTS:  This  Agreement  is binding and shall inure to the benefit of
     the parties hereto and their  respective  successors and assigns.  provided
     that not withstanding the foregoing, neither party shall assign or transfer
     any rights or obligations hereunder, except that:

               1. SJET may assign or transfer this Agreement to a successor
               corporation in the event of a merger, consolidation, transfer, or
               sale of all or substantially all of the assets of SJET, provided
               that no such further assignment shall relieve SJET from liability
               for the obligations assumed by it hereunder.

               2. Mission may assign or transfer this Agreement to any member,
               which is an affiliate of Mission or its employees, provided that
               no such assignment shall relieve Mission from liability for its
               obligations hereunder or that such transfer does not violate its
               NASD Membership Agreement.

G.   ENTIRE AGREEMENT:  Each of the parties hereby covenants that this Agreement
     is  intended  to  and  does  contain  and   embodies   herein  all  of  the
     understandings and agreements, both written and oral, of the parties hereby
     with respect to the subject  matter of this Agreement and that there exists
     no oral  agreement  or  understanding,  expressed  or implied,  whereby the
     absolute,  final and  unconditional  character and nature of this Agreement
     shall  be in any  way  invalidated  or  adversely  affected.  There  are no
     representations or warranties other than those set forth herein.

H.   ARBITRATION:  SJET and Mission each mutually agree to arbitrate any and all
     differences,  claims,  or  disputes,  of every  kind  (statutory  or other)
     arising out of this agreement or its termination. Such arbitration would be
     in Orange County, California, or other mutually-agreed location, before the
     American Arbitration  Association,  and in lieu of any court action. In the
     event a dispute arises over the  interpretation or performance of any party
     under this  Agreement,  and as a result of said dispute,  a claim,  action,
     arbitration  or suit  should  arise,  the  parties  hereby  agree  that the
     non-prevailing party in said claim action,  arbitration,  or suit shall pay
     the attorney fees and litigation expenses of the prevailing party.

I.   ADDRESS  OF  PARTIES:  Each party  shall at all times keep the other  party
     informed as to its  principal  place of  business.  The parties  shall also


                    Initials: _____ (Mission); _____ (SJET)

<PAGE>

     promptly  notify the other party of any change of  address.  Correspondence
     should be directed as follows:

               If to Sonic Jet:

               Attn: Rao Mankal
               11782 Western Ave
               Unit 18
               Stanton, CA 90680
               714-895-0944
               714-895-7139 Fax

               If to Mission Capital Investment Group:

               Attn: Christopher Johndrow
               2865 East Coast Highway
               Suite 306
               Corona Del Mar, CA, 92625
               949-439-8623

J.   NOTICES:  All notices that are required to be given may be sent pursuant to
     the  provisions  of this  Agreement  and  shall  be  sent  to the  parties'
     principal  place of  business  by  certified  mail,  with  return  receipts
     requested, or by overnight package delivery service. Notices shall be valid
     from the date of mailing as indicated by  registered  postmark or validated
     airmail receipt.


K.   MODIFICATION AND WAIVER: Modification or waiver of any of the provisions of
     this Agreement shall be effective only if made in writing and executed with
     the same  formalities as are present within this Agreement.  The failure of
     any party to insist upon strict  performance  of any of the  provisions  of
     this Agreement shall not be construed as a waiver of any subsequent default
     of the same or similar nature or of any other nature or kind.



AGREED TO AND ACCEPTED:                    AGREED TO AND ACCEPTED:
------ -- --- ---------                    ------ -- --- --------
Sonic Jet Performance, Inc.                Mission Capital Investment Group, Inc
Date: 10/30/02                             Date: 10/30/02
By:                                        By:
   -----------------------------               ---------------------------------
   Madhava Rao Mankal, President               Christopher Johndrow, Principal


                    Initials: _____ (Mission); _____ (SJET)