CONTINUING PERSONAL GUARANTY

     THIS  CONTINUING  GUARANTY  ("GUARANTY")  is  entered into as of January 29
2004,  by  Nicholas  H. VandenBrekel and Mark Mroczkowski, jointly and severally
("GUARANTORS"),  in  favor  of  La  Jolla  Cove  Investors,  Inc. ("LJCI"), with
reference  to  the  following:

     WHEREAS, Guarantors are shareholders and officers of Sequiam Corporation, a
California  corporation  ("SEQUIAM");

     WHEREAS, Sequiam has issued a 7% Promissory Note dated January 29 2004 (the
"NOTE")  to  LJCI;

     WHEREAS,  a  material  inducement  to  LJCI  in  accepting the Note was the
issuance of a satisfactory guaranty of Sequiam's obligations under the Note; and

     WHEREAS, LJCI has agreed to accept such a guaranty from Guarantors

     NOW,  THEREFORE,  in  consideration  of  the  mutual promises and covenants
contained herein, and for other good and valuable consideration, the receipt and
sufficiency  of  which are hereby acknowledged, Guarantors agree to guaranty the
Guarantied Obligations (as hereinafter defined) in accordance with the following
terms  and  conditions:

      Guarantors hereby unconditionally and irrevocably guaranty the performance
of  Sequiam's  obligations  under  the  Note  in  favor  of  LJCI,  each  of its
affiliates, assigns and successors in interest, arising under or with respect to
the  Note  (the  "GUARANTIED  OBLIGATIONS"),  when  the  same  shall  become due
(including  amounts that would become due but for the operation of the automatic
stay  under  section  362(a) of the Bankruptcy Code, 11 U.S.C. Sec. 101 et seq.)
and  agree  to pay any and all costs and expenses (including attorneys' fees and
disbursements)  incurred by LJCI in enforcing any rights under this Guaranty. In
furtherance of the foregoing and not in limitation of any other right which LJCI
may  have  at  law  or  in  equity against Guarantors by virtue hereof, upon the
failure  of Sequiam to perform any of the Guarantied Obligations when and as the
same  become  due,  as  aforesaid,  Guarantors  will, within ten (10) days after
written  demand  therefor,  perform all Guarantied Obligations then due to LJCI.

     Guarantors  further  agree  that  this  Guaranty  constitutes a guaranty of
performance  and  payment when due and not merely of collection. The obligations
of  the  Guarantors  under  this Guaranty shall not be subject to any reduction,
limitation,  defense,  setoff,  recoupment,  impairment  or  termination for any
reason,  including,  without limitation, by reason of the invalidity, illegality
or  unenforceability  of  any  of the Guarantied Obligations or any discharge of
Sequiam  from  any  of  the  Guarantied  Obligations  in a bankruptcy or similar
proceeding  or  otherwise. Without limiting the generality of the foregoing, the
obligations  of  Guarantors  under  this  Guaranty  shall  not  be discharged or
impaired  or otherwise affected by any default, failure or delay or by any other
act or thing or omission or delay to do any other act or thing that may or might
in  any  manner  or  to  any  extent  vary the risk of Guarantors or which would
otherwise  operate  as  a  discharge of Guarantors as a matter of law or equity.
This Guaranty shall remain in full force and effect without regard to any future
event,  including,  without  limitation,  the  bankruptcy,  insolvency,
reorganization,  dissolution  or  liquidation  of  Sequiam.


<PAGE>
     Guarantors  agree that the Guarantied Obligations may be rescinded, waived,
extended,  renewed  or  altered,  in whole or in part, without notice or further
assent  from  Guarantors, and that Guarantors will remain bound by this Guaranty
notwithstanding any such rescission, waiver, extension, renewal or alteration of
any  Guarantied  Obligation.

     Guarantors  hereby  waive  (i)  all  presentments, demands for performance,
notices  of  nonperformance,  protest,  notices of protest, notices of dishonor,
notices  of acceptance of this Guaranty, and notices of nonpayment; and (ii) any
and  all  rights,  defenses  and  benefits  arising  under California Civil Code
Sections  2809,  2810,  2819, 2839, 2845, 2847, 2848, 2849, 2850, 2899 and 3433,
and  all  other  rights,  defenses  and  benefits  limiting  the liability of or
exonerating  Guarantor  or  sureties  offered  by law as well as the benefits of
Sections  580a-580d  and  726  of  the  California  Code of Civil Procedure. The
obligations  of  the Guarantors under this Guaranty shall not be affected by (i)
the  failure  of  LJCI  to assert any claim or demand or to enforce any right or
remedy against Sequiam under the provisions of the Agreement, including, without
limitation,  the  failure  of LJCI to proceed first against Sequiam or to pursue
any  other  remedy in LJCI's power; (ii) LJCI settling, releasing, compromising,
collecting or otherwise liquidating the Guarantied Obligations in any manner, as
LJCI  may determine, unless otherwise agreed by LJCI and Guarantor; or (iii) the
failure  of LJCI to exercise any right or remedy against Sequiam with respect to
the Guarantied Obligations or any provision of the Agreement.

     Guarantors  acknowledge  that  all  of  the  waivers and consents set forth
herein  are  freely granted, after consultation with competent counsel, since it
is  the  Guarantors'  purpose  and  intent  that  all of Guarantors' obligations
hereunder  be  absolute,  independent  and  unconditional  under  any  and  all
circumstances.  Guarantors  hereby represent and warrant to LJCI that Guarantors
have  the  power, right and authority to enter into this Guaranty. This Guaranty
shall  be  binding  upon  the  Guarantors  and  their  personal representatives,
successors and assigns and shall inure to the benefit of LJCI and its successors
and  assigns.  This  Guaranty  may be executed by facsimile, with such facsimile
copy  to  serve  as  a  duly executed original and as conclusive evidence of the
consent and ratification of the matters contained herein by Guarantors.

     This  Guaranty  shall  be  governed  by,  and  construed  and  enforced  in
accordance with, the laws of the State of California.

     All  judicial  proceedings  brought against Guarantors with respect to this
Guaranty  may be brought in any state or federal court of competent jurisdiction
in  San  Diego,  California,  and  by  execution  and delivery of this Guaranty,
Guarantors  accept  the  nonexclusive  jurisdiction  of the aforesaid courts and
irrevocably  agree  to  be  bound by any judgment rendered thereby in connection
with  this  Guaranty.

     All  notices  required or permitted hereunder shall be in writing and shall
be  deemed  effectively  given (i) upon personal delivery to the party notified,
(ii)  three days after deposit with the United States Post Office, by registered
or  certified  mail,  postage  prepaid,  return receipt requested, (iii) one day
after  deposit  with  a  nationally recognized overnight courier service such as
Federal  Express  or  (iv)  on the day of facsimile transmission, with confirmed
transmission;  in  any case addressed to the party to be notified at the address
indicated  below  for  that  party,  or  at such other address as that party may
indicate  by  providing  ten  (10)  days'  advance  written  notice to the other
parties:


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<PAGE>


               (a)  If to La Jolla Cove Investors, Inc., to:

                    La Jolla Cove Investors, Inc.
                    7817 Herschel Avenue, Suite 200
                    La Jolla, California 92037
                    Telephone:  (858) 551-8789
                    Facsimile:  (858) 551-8779

               (b)  If to Guarantors:

                    Nicholas H. VandenBrekel
                    300 Sunport Lane
                    Orlando, Florida 32809
                    Facsimile:  (407) 541-0774
                    Telephone:  (407) 240-1431

                    Mark Mroczkowski
                    300 Sunport Lane
                    Orlando, Florida 32809
                    Telephone:  (407) 541-0774
                    Facsimile:  (407) 240-1431

     GUARANTORS  HEREBY  WAIVE  AND  COVENANT  THAT  GUARANTORS  WILL NOT ASSERT
(WHETHER  AS  PLAINTIFF,  DEFENDANT OR OTHERWISE), ANY RIGHT TO TRIAL BY JURY IN
ANY  FORUM  IN  RESPECT  OF  ANY ISSUE, CLAIM, DEMAND, ACTION OR CAUSE OF ACTION
ARISING OUT OF OR BASED UPON THIS GUARANTY OR ANY GUARANTEED OBLIGATION, IN EACH
CASE WHETHER NOW EXISTING OR HEREAFTER ARISING OR WHETHER IN CONTRACT OR IN TORT
OR  OTHERWISE.

     IN  WITNESS WHEREOF, the undersigned have duly executed this Guaranty as of
the  day  and  year  first  written  above.


                                       /s/ Nicholas H. VandenBrekel
                                       -------------------------------------
                                       Nicholas H. VandenBrekel


                                       /s/ Mark Mroczkowski
                                       -------------------------------------
                                       Mark Mroczkowski


                                      -3-
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