Exhibit 10.16

                    AMENDED AND RESTATED CONSULTING AGREEMENT

     This Amended and Restated  Consulting  Agreement is made as of the 27th day
of July, 2006, by and between Poseidis, Inc. (the "Company"), a corporation duly
organized  and existing  under the laws of Florida with offices at 222 Lakeview,
West Palm Beach,  Florida 33401, and Christophe  Giovannetti (the "Consultant"),
with an address of 241 List Road, Palm Beach, Florida 33480.

     WHEREAS,  Company is engaged in the  business  of mineral  water  resources
exploitation,  bottling and  distributing;  and the Consultant is engaged in the
business of creating,  marketing and branding food  products.  In addition,  the
Consultant  renders  consulting  services for planning and implementation of new
business plans and marketing  strategies  related to new business  opportunities
including the La Troliere water spring;

     WHEREAS,  the Company  retained  the  services of the  Consultant,  and the
Company and the Consultant  have previously  entered into consulting  agreements
pursuant to which the Consultant has provided consulting services to the Company
and the Company has issued and delivered to the Consultant  6,653,000  shares of
the Company's common stock (the "Shares") in payment of consulting fees; and

     WHEREAS,  the Company has determined that errors occurred in the historical
accounting  treatment of the consulting  fees and the issuance of the Shares and
in the calculation of the price per share applicable to the Shares;

     WHEREAS,  the Company and the Consultant  desire to correct such errors and
to  consolidate,  amend,  and  restate  the  terms  of the  previous  consulting
agreements as set forth herein.

     NOW  THEREFORE,  in  consideration  of the mutual  promises  and  covenants
hereinafter set forth and intending to be legally bound thereby, the Corporation
and the Consultant hereby agree as follows:

     1. The Company hereby confirms retaining the services of the Consultant for
the period  commencing  January 1, 2001 and terminating on December 31, 2005. In
exchange for the Consulting  Services  rendered (as that term is defined herein)
during such five-year  period,  the Consultant and the Company have agreed upon,
and the Consultant has received from the Company,  a fee of 6,653,000  shares of
the Company's  common stock.  The Consultant will be able to request  additional
issuance of shares,  in a quantity to be validated and approved by the Board, to
individuals and/or corporation that will be necessary, and of significant use in
order to assist the  Consultant  in the  definition  and  implementation  of the
business plan, new products development, market analysis, and more generally all
activities  directly  related to its mission  for the  Company.  The  Consultant
agrees not to transfer  the Shares (or any  portion of the  Shares)  directly or
indirectly  to any third party for a period of two years  commencing  July,  11,
2005, except to a purchaser who is acquiring substantially all the assets of the
Company or at least 75% of the Company's issued and outstanding common stock.

     2. The Consultant shall, employing his best efforts,  assist the Company by
providing the following ("Consulting Services"):  business strategy services and
provide the Company with a new  business  plan and strategy for the Source in La
Troliere,  France  which shall  include new product  line  development,  derived
communication  strategies, as well as marketing strategies and implementation of
such new business plan strategy.



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     3. The  Consultant  shall be an  independent  contractor  and shall have no
right or  authority  to assume  or create  any  obligations  or  responsibility,
express  or  implied,  on  behalf  of or in  the  name  of the  Company,  unless
specifically  authorized  in  writing  by the  Company.  No  provision  of  this
Agreement  shall  be  construed  to  preclude  Consultant  from  pursuing  other
consulting projects.

     4. The  Consultant  (including any person or entity acting for or on behalf
of the  Consultant)  shall not be liable  for any  mistakes  of fact,  errors of
judgment,  for losses sustained by the Company or any subsidiary or for any acts
or  omissions  of any  kind  unless  caused  by the  negligence  or  intentional
misconduct of the  Consultant or any person or entity acting for or on behalf of
the Consultant.

     5.  The  Company  and its  present  and  future  subsidiaries  jointly  and
severally, agree to indemnify and hold harmless the Consultant against any loss,
claim, damage or liability whatsoever,  (including reasonable attorneys fees and
expenses),  to which such  indemnified  party may become  subject as a result of
performing any act (or omitting to perform any act) contemplated to be performed
by the  Consultant  pursuant to this  Agreement  if such act or omission  did no
violate the  provisions of Section 4 of this  Agreement.  So long as the Company
has not provided  counsel to the indemnified  party in accordance with the terms
of this  Agreement,  the Company and its  subsidiaries  agree to  reimburse  the
defense of any action or investigation  (including reasonable attorneys fees and
expenses), subject to any understanding from such indemnified party to repay the
Company or its subsidiaries if it is ultimately determined that such indemnified
party is not entitled to such indemnity.  In case any action, suit or proceeding
shall be brought or threatened,  in writing,  against any indemnified  party, it
shall notify the Company  within  twenty (20) days after the  indemnified  party
receives notice of such action,  suit or such threat. The Company shall have the
right  to  appoint  the  Company's  counsel  to  defend  such  action,  suit  or
proceeding, provided that such indemnified party consents to such representation
by such counsel,  which consent shall not be unreasonably withheld. In the event
any counsel appointed by the Company shall not be acceptable to such indemnified
party, then the Company shall have the right to appoint  alternative counsel for
such indemnified party reasonably  acceptable to such indemnified  party,  until
such time as  acceptable  counsel can be  appointed.  In any event,  the Company
shall,  at its sole cost and expense,  be entitled to appoint  counsel to appear
and participate as co-counsel in the defense thereof.  The indemnified party, or
its co-counsel,  shall promptly supply the Company's  counsel with copies of all
documents,  pleadings and notices which are filed, served or submitted in any of
the aforementioned. No indemnified party shall enter into any settlement without
the  prior  written  consent  of  the  Company,   which  consent  shall  not  be
unreasonably withheld.

     6. This Agreement  shall be binding upon the Company and the Consultant and
their successors and assigns.  This Agreement terminates as of December 31, 2005
except as to the  restrictions  on the  transferability  of the  Shares  and the
indemnification terms set forth herein.

     7. If any  provision or provisions  of this  Agreement  shall be held to be
invalid,  illegal or unenforceable for any reason whatsoever,  (i) the validity,
legality  and  enforceability  of the  remaining  provisions  of this  Agreement
(including,  without  limitation,  each portion of any Section of this Agreement



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containing  any such  provision  held to be invalid,  illegal or  unenforceable)
shall not in any way be affected or  impaired  thereby;  and (ii) to the fullest
extent  possible,   the  provisions  of  this  Agreement   (including,   without
limitation,  each portion of any Section of this  Agreement  containing any such
provision held to be invalid, illegal or unenforceable) shall be construed so as
to give effect to the intent  manifested by the provision held invalid,  illegal
or unenforceable.

     8. No  supplement,  modification  or amendment of this  Agreement  shall be
binding  unless  executed in writing by both  parties  hereto.  No waiver of any
other  provisions  hereof  (whether  or not  similar)  shall be  binding  unless
executed in writing by both  parties  hereto nor shall such waiver  constitute a
continuing waiver.

     9. This  Agreement  may be  executed in one or more  counterparts,  each of
which shall for all  purposes be deemed to be an original but all of which shall
constitute one and the same Agreement.

     10. The Parties agree that should any dispute  arise in the  administration
of this  Agreement,  that the  agreement  shall be governed and construed by the
Laws of the State of Florida, United States of America.

     11. This Agreement  contains the entire agreement  between the Parties with
respect  to  the  consulting  services  to be  provided  to the  Company  by the
Consultant  and  supersedes  any and all  prior  understandings,  agreements  or
correspondence between the Parties.



     IN WITNESS  WHEREOF,  the  Company  and the  Consultant  have  caused  this
Agreement to be signed by duly authorized representatives as of the day and year
first above written.



        Poseidis, Inc.                               Consultant
    A Florida Corporation

By:     /s/ John J. McGovern                  /s/ Christophe Giovannetti
    -------------------------------           ---------------------------------
    John J. McGovern                          Christophe Giovannetti
    Executive Vice President and
    Chief Financial Officer





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