EXHIBIT 4.1

                            CORONADO INDUSTRIES, INC.
                         2004 EMPLOYEE STOCK BONUS PLAN


I.   PURPOSE

This 2004  Employee  Stock  Bonus  Plan  is  intended  to reward  employees  and
consultants through the ownership of common stock of Coronado  Industries,  Inc.
by  employees  of  and   consultants  to  the  Corporation  by  giving  suitable
recognition,  in addition to salaries and bonuses, to their ability and industry
which  contribute  materially  to  the  success  of the  Corporation's  business
interests.


II.  DEFINITIONS

In this  Plan,  except  where  the  context  otherwise  clearly  indicates,  the
following definitions apply:

(1)  "Board" means the Board of Directors of the Corporation.

(2)  "Corporation" means Coronado Industries, Inc., a Nevada corporation, or any
entity  that,  directly  or  indirectly,  through  one or  more  intermediaries,
controls,  is controlled by or is under common control with Coronado Industries,
Inc.

(3)  "Date of Grant" means the date on which the Board approves the grant of the
Option under this Plan to the Optionee.

(4)  "Incentive  Stock  Option"  means any Option  granted under this Plan which
complies  with the  provisions  of Section 422A of the Internal  Revenue Code of
1986, as amended from time to time (herein called the "Code").

(5)  "Key  Employee"  means any  employee  who is an officer or is employed in a
managerial,  professional or other key position (including directors who provide
services beyond the normal  activities of a director);  provided,  however,  the
term  "Key  Employee"  shall  not  include  any  employee   (hereinafter  called
"Shareholder  Employee") of the Corporation who, at the date of grant, owns more
than ten  percent  (10%) of the total  combined  voting  power of all classes of
stock of the Corporation (or its parent or subsidiary,  if applicable).  For the
purposes of this  limitation,  an employee  shall be considered as owning Shares
owned  directly  or  indirectly  by or for his  brothers  and  sisters,  spouse,
ancestors and lineal  descendants;  and stock owned directly or indirectly by or
for a  corporation,  partnership,  estate or trust shall be  considered as being
owned proportionately by or for its shareholders, partners or beneficiaries.

(6)  "Non-Qualified Stock Option" means any Option granted under this Plan which
does not qualify in whole or in part as an  "incentive  stock  option" under the
provisions of Section 422A of the Code.

(7)  "Option" means a common stock option granted pursuant to the Plan.

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(8)  "Optionee"  means a person  or  entity  to whom a common  stock  option  is
granted under this Plan, including, but not limited to, a Key Employee.

(9)  "Plan" means this 2004 Employee Stock Bonus Plan.

(10) "Share"  means  a  share  of  the  $.001  par  value  common  stock  of the
Corporation  that has been  previously  authorized  but unissued,  or issued and
reacquired by the Corporation.

(11) "Value" means the lowest bid price published by the National Association of
Securities  Dealers,  Inc.  (or  registered  securities  exchange or NASDAQ,  if
appropriate)  of the Shares on the date of grant,  or if not  available for that
day,  then the next earliest  preceding day in which the price is available.  If
the Shares should become listed on a national  registered  securities  exchange,
then the Value shall be the reported  closing price for the day in question.  In
all other  cases,  the Value shall be the fair market  value  determined  by the
method the Board deems reasonable.  Value shall be determined  without regard to
securities law  restrictions,  or any other  restriction which by its terms will
lapse.


III. TERM OF PLAN

This Plan shall  become  effective  upon its  adoption  by the  Board.  It shall
continue  in  effect  for a term of ten years  unless  sooner  terminated  under
Article X. This Plan shall  remain in effect  after its term for the  purpose of
administration  of any Option  granted  pursuant  to its  provisions.  No Option
granted  during the term of the Plan shall be  adversely  affected by the end of
the term of this Plan.  Options must be granted  within ten years of the date on
which the Plan is adopted or the date the Plan is approved by the  stockholders,
whichever is earlier.


IV.  SHARES TO BE OPTIONED

The maximum  number of Shares  which may be optioned and sold under this Plan is
3,350,000  Shares.  If Options granted under this Plan shall terminate or expire
without  being  wholly  exercised,  new Options  may be granted  under this Plan
covering the number of Shares to which such termination or expiration relates.


V.   ADMINISTRATION OF THE PLAN

The Plan shall be administered by the Board of Directors of the Corporation,  or
a committee of Board members, if such is appointed.


VI.  NON-QUALIFIED STOCK OPTIONS

Only Non-qualified Stock Options may be granted to any Optionee under this Plan.
Each  Non-qualified  Stock Option granted under this Article VI shall be subject
to the  following  conditions:


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(1)  The Option price shall be at least fifty  percent (50%) of the Value of the
Share at the Date of Grant.

(2)  During the Optionee's  lifetime,  Non-qualified Stock Options granted under
this Article VI may not be sold, pledged, assigned or transferred in any manner,
and may be exercised  during the Optionee's  lifetime only by the Optionee.  Any
Option that is  exercisable  after the  Optionee's  death is  exercisable by the
person or persons to whom his rights  under the Option shall have passed by will
or the laws of descent and distribution.

(3)  Each  Non-qualified  Stock  Option  granted  under this Article VI shall be
exercised during the period beginning on the Date of Grant and ending on the ten
(10) year anniversary of the Date of Grant.

(4)  A Non-qualified Stock Option shall be exercised when written notice of such
exercise is given to the  Corporation  at its principal  business  office by the
Optionee  and full  payment for the Shares  with  respect to which the option is
exercised has been received by the Corporation.  Until the issuance of the stock
certificates,  no right to vote or to receive dividends or any other rights as a
stockholder shall exist with respect to the optioned Shares  notwithstanding the
exercise  of the  Option.  No  adjustment  will be made for a dividend  or other
rights for which the record date is prior to the date that the stock certificate
is issued.  Payment for the Shares shall be made with cash,  previously acquired
Shares having a Value equal to the Option price,  or previously  acquired Shares
having a Value  less  than  the  Option  price,  plus  cash.  Upon  exercise  of
Non-qualified  Stock Option and payment of the purchase  price,  the Corporation
shall promptly issue the Shares to the Optionee.

(5)  In the event an Optionee who is an Employee of the  Corporation  who during
his  lifetime  ceases to be employed  by the  Corporation  for any  reason,  any
Non-qualified  Stock Option or unexercised  portion  thereof which was otherwise
exercisable  on the  date of  termination  of  employment  shall  expire  unless
exercised  within a period  of three  (3)  months  from the date his  employment
terminates, but in no event later than ten (10) years from the Date of Grant. In
the event of the death of an Optionee  (who is an  employee of the  Corporation)
during  the  three (3) month  period,  the  Non-qualified  Stock  Option  may be
exercised by the person or persons to whom his rights under the Option passed by
will or laws of descent and  distribution to the same extent and during the same
period that the Optionee could have exercised the Non-qualified Stock Option had
the Optionee not died.  If an Optionee dies while  employed by the  Corporation,
any  Non-qualified  Stock  Option  or  unexercised  portion  thereof  which  was
otherwise  exercisable  at the time of the  Optionee's  death  may be  exercised
within twelve (12) months of the  Optionee's  death,  but in no event later than
ten (10)  years  from the Date of Grant,  by the  person or  persons to whom his
rights under the Option  passed by will or laws of descent or  distribution.  An
Optionee's  continuous  employment shall not be deemed interrupted by a leave of
absence approved by the Corporation.


VII.  ADJUSTMENTS UPON CHANGES IN CAPITALIZATION

Whenever a stock split or stock dividend  occurs,  (1) the number of Shares that
can thereafter be purchased,  and the Option price per Share,  under each Option
that has been granted under this Plan and not exercised, and (2) every number of


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Shares used in determining whether a particular Option is grantable  thereafter,
shall be appropriately adjusted.


VIII.  CORPORATE TRANSACTIONS

(1)  If the Corporation is dissolved or liquidated, or is merged or consolidated
into or with another  corporation,  other than by a merger or  consolidation  in
which  the  Company  is the  surviving  corporation,  the then  exercisable  and
unexercised  Options granted under the Plan may or may not be exercisable  after
the  date  of  such  dissolution,   liquidation,  merger  or  consolidation,  as
determined by the Board at the time of such event or at the Date of Grant of the
Option.

(2)  Notwithstanding any provision of this Plan, the Board is authorized to take
such action upon the Date of Grant of an Option or at any time  thereafter as it
determines  to be necessary or  advisable,  and fair and equitable to Optionees,
with  respect to Options held by Optionees in the event of a sale or transfer of
all or  substantially  all of the Company's  assets,  or merger or consolidation
(other  than a merger or  consolidation  in which the  Company is the  surviving
corporation and no shares are converted into or exchanged for  securities,  cash
or any other thing of value).  Such  action may include  (but is not limited to)
the following:

     (a)  Accelerating the  exercisability  of any Option to permit its exercise
in full  during  such  period  as the  Committee  in its sole  discretion  shall
prescribe  following the public  announcement of a sale or transfer of assets or
merger or consolidation.

     (b)  Permitting  an  Optionee,  at  any  time  during  such  period  as the
Committee in its sole discretion  shall prescribe  following the consummation of
such a merger,  consolidation  or sale or transfer of assets,  to surrender  any
Option (or any portion thereof) to the Company for cancellation.

     (c)  Requiring any Optionee, at any time following the consummation of such
a merger,  consolidation or sale or transfer of assets, if required by the terms
of the  agreements  relating  thereto,  to surrender  any Option (or any portion
thereof) to the Company in return for a substitute Option which is issued by the
corporation  surviving such merger or  consolidation  or the  corporation  which
acquired  such assets (or by an  affiliate  of such  corporation)  and which the
Committee,  in its sole  discretion,  determines to have a value to the Optionee
substantially  equivalent to the value to the Optionee of the Option (or portion
thereof) so surrendered.

(3)  Subject  to any  action  which  the  Committee  may  take  pursuant  to the
provisions of this Article VIII,  in the event of any merger,  consolidation  or
sale or transfer of assets  referred to in this Article VIII,  upon any exercise
thereafter of an Option,  and Optionee  shall,  at no additional cost other than
payment of the Option price,  be entitled to receive in lieu of Shares,  (I) the
number and class of Shares or other  security,  or (ii) the  amount of cash,  or
(iii)  property,  or (iv) a combination of the foregoing,  to which the Optionee
would have been entitled pursuant to the terms of such merger,  consolidation or
sale or transfer of assets,  if immediately  prior thereto the Optionee had been
the holder of record of the number of Shares for which such  Option  shall be so
exercised.

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IX.  ADDITIONAL PROVISIONS APPLICABLE TO OPTIONS AND CERTAIN POWERS OF THE BOARD

The Board, in addition to any other powers granted it hereunder, shall have the
power, subject to the express provisions of the Plan:

(1)  To determine  the  provisions  of the  respective  Options other than those
provisions expressly stated or limited herein, which terms and provisions may be
set forth in Option agreements:

(2)  Without  limiting the  generality  of the  foregoing,  to provide in Option
agreements, in its discretion:

     (a)  For an agreement by the Optionee to render services to the Corporation
upon such terms and conditions as shall be specified in the agreement.

     (b)  For restrictions on the transfer, sale, or disposition of the stock to
be issued to the Optionee upon the exercise of his Option.

(3)  To require,  whether or not provided for in the pertinent  Option or Option
agreement of any person exercising an Option granted under the Plan, at the time
of such exercise, the execution of any paper or the making of any representation
or the giving of any commitment when the Board shall,  in its  discretion,  deem
necessary or advisable by reason of the securities  laws of the United States or
of any State.

(4)  To amend Options previously granted and outstanding under this Plan, but no
amendment  to any Option  agreement  shall be made  without  the  consent of the
Optionee if such amendment would adversely affect the Optionee; and no amendment
shall be made to any Option agreement which would cause the inclusion therein of
any  term or  provisions  inconsistent  with  the  Plan or  Section  422A of the
Internal Revenue Code, as amended (if applicable).

(5)  To grant  Options  after the date the Plan is adopted  provided the Options
granted are  specifically  contingent upon approval of this Plan by holders of a
majority of the Corporation's outstanding common stock.


X.   POWER TO AMEND OR TERMINATE THE PLAN

(1)  The Board may terminate  this Plan at any time, or amend or modify the Plan
without  shareholder  approval in such  respects as it shall deem  advisable  in
order that Options granted to Key Employees  shall be "Incentive  Stock Options"
as defined in Section 422A of the Internal Revenue Code of 1954, as amended,  or
to conform to any change in the law, or in order to comply  with the  provisions
of any rule or regulations  of the  Securities and Exchange  Commission or other
applicable  governmental  agency required to exempt the Plan or any transactions
under this Plan from the operation of Section 16(b) of the  Securities  Exchange
Act of 1934, as amended, or in any other respect which shall not be inconsistent
with the  provisions  of Section 422A of the Internal  Revenue Code of 1954,  as
amended, or Section 16(b) of the Securities Exchange Act of 1934, as amended.

(2)  The Board may terminate this Plan. Any  termination  shall not affect stock
options  already granted as those Options shall remain in force and effect as if
this  Plan had not been  terminated.  The  termination  or any  modification  or


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amendment of this Plan shall not,  without the consent of the  Optionee,  affect
his rights under an Option previously granted to him.

(3)  Only  with  shareholder  approval  can  the  Board  amend  the  Plan in the
following areas:

     (a)  Increasing  the  maximum  number  of  Shares  that may be  effectively
optioned, otherwise than through the making of an adjustment pursuant to Article
VII.

     (b)  Changing the class of employees eligible for Options.

     (c)  Decreasing  the  prices at which  previously  granted  Options  may be
exercised.


XI.  STOCKHOLDER APPROVAL

This Plan shall become  effective  upon receipt by the  Corporation  of approval
from the holders of a majority of the shares of common stock of the  Corporation
entitled to vote thereon.  This Plan shall not be effective unless such consents
are obtained within twelve (12) months before or after the Plan is adopted.

                                         CORONADO INDUSTRIES, INC.


                                         By  /s/ Gary R. Smith
                                             -----------------------------------
                                             Gary R. Smith, President

ATTEST:

/s/ G. Richard Smith
---------------------------
G. Richard Smith, Secretary



Date Approved By Shareholders: July 2, 2004


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