EXHIBIT 10.1


                          MUTUAL RESCISSION AGREEMENT
                          ---------------------------

      This  Mutual  Rescission  Agreement  (the "Agreement") is made and entered
into  as  of  this  31st  day  of  December, 2003, among Xenicent, Inc., a North
Carolina  corporation  ("XCNT"),  Mr. Duane Bennett, the majority shareholder of
XCNT  ("Bennett"),  Giantek  Technology  Corporation,  a  Taiwanese  corporation
("GTC"), and Frank Chen and Sofia Yeh, formerly the majority shareholders of GTC
(the  "Shareholders").

     WHEREAS,  pursuant  to  Section 1 of that certain Share Exchange Agreement,
dated  June  27, 2002 (the "Share Exchange Agreement"), among XCNT, Bennett, GTC
and  the Shareholders, XCNT issued 550,000 shares of its common stock (the "XCNT
Shares") to the Shareholders in exchange for the transfer by the Shareholders to
XCNT of shares of GTC common stock (the "GTC Shares") owned by the Shareholders,
representing  sixty  percent  (60%)  of GTC's issued and outstanding shares on a
fully  diluted  basis;

     WHEREAS,  the  XCNT Shares and the GTC Shares were to be held in a mutually
agreed  upon  escrow  account for a period of 24 months pursuant to the terms of
the  Share  Exchange  Agreement;

     WHEREAS,  XCNT,  Bennett,  GTC  and  the  Shareholders terminated the Share
Exchange Agreement pursuant to discussions that were confirmed by a letter dated
December 21, 2003 (the "Termination Letter"), to be effective as of December 31,
2003,  and  the  parties have rescinded their reciprocal investments in XCNT and
GTC  pursuant  to  the  unwind  provisions  of Section 4.3 of the Share Exchange
Agreement;

     WHEREAS,  as contemplated by the Termination Letter, XCNT, Bennett, GTC and
the Shareholders now desire to set forth the terms of their mutual rescission of
shares  of XCNT and GTC, and otherwise release and hold each other harmless with
respect  to  the  obligations  under  the  Share Exchange Agreement, as amended.

     NOW,  THEREFORE, in consideration of the promises, and the mutual covenants
and  agreements,  XCNT,  Bennett,  GTC  and  the  Shareholders agree as follows:

1.   Mutual  Rescission  of  the  Share  Exchange  Agreement.
     --------------------------------------------------------

The  parties  hereto  agree  that  the  Share Exchange Agreement, as amended, is
hereby  rescinded  in  all  respects,  and  each  party is to be put back in the
position that they were in prior to its execution, with the exception that funds
expended  for  transaction  costs  shall  not  be  refunded  to  any  party.

2.   Unwind  and  Exchange  of  the  XCNT  Shares  and  GTC  Shares.
     ---------------------------------------------------------------

XCNT  shall  sign  and  return  the  GTC  Shares  to  the  Shareholders, and the
Shareholders  shall  sign  and  return 400,000 of the XCNT Shares to XCNT.  Each
party  agrees  to  instruct  the escrow agent holding such shares to effect such
transfer.

3.   Return  by  the  Shareholders  of  ABC  Realty  Co.  Share  Dividend
     --------------------------------------------------------------------

The  Shareholders  hereby  transfer  to XCNT all share certificates representing
shares  of  ABC  Realty  Co.

4.   Release  from  Liability.
     -------------------------

Each  of  the  parties hereto, for themselves, and their successors, assigns and
agents  do  hereby  fully  and  completely  mutually  release each other and all
related  parties  from  any  and  all  liabilities of any kind, whether known or
unknown,  which  now  exist  or  may  exist  arising  out  of the Share Exchange
Agreement,  or  any  amendment  thereto.

5.   Indemnification  by  GTC  and  the  Shareholders.
     -------------------------------------------------

GTC and the Shareholders, jointly and severally, will hold harmless XCNT and its
related parties, including Bennett, from all claims that may arise from a breach
of  this  Agreement.

6.   Indemnification  by  XCNT  and  Bennett.
     ----------------------------------------

XCNT  and Bennett, jointly and severally, will hold harmless GTC and its related
parties,  including  the  Shareholders,  from  all  claims that may arise from a
breach  of  this  Agreement.

7.   Further  Assurances.
     --------------------

The  parties  hereto  shall  separate  their  interests and use their good faith
efforts  to  effect  the  rescission  contemplated  herein  without  dispute.

8.   Other.
     ------

This  Agreement  (i) shall be governed and construed in accordance with the laws
of  the  State  of  North  Carolina.;  and  (ii)  may be executed in one or more
counterparts,  each  of which when put together with the others shall constitute
one  and  the  same  agreement.


IN  WITNESS WHEREOF, the parties have signed this Mutual Rescission Agreement as
of  the  date  first  written  above.


                                       XENICENT, INC.


                                   By: /s/ Duane C. Bennett
                                       --------------------
                                       Duane C. Bennett
                                      (As President and in his
                                       Individual Capacity)



                                       GIANTEK TECHNOLOGY CORPORATION

                                   By: /s/ Frank Chen
                                       --------------
                                       Frank Chen
                                      (As President and in his
                                       Individual Capacity)


                                       GIANTEK TECHNOLOGY CORPORATION

                                   By: /s/ Sofia Yeh
                                       -------------
                                       Sofia Yeh
                                      (As Special Assistant and in her
                                       Individual Capacity)