Exhibit 10.8



                     [OBSIDIAN ENTERPRISES, INC. LETTERHEAD]

                      FORM OF LETTER AMENDING STOCK OPTIONS



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RE: extension of deadline to exercise options

Dear ______________,

     This letter hereby amends that certain Letter Agreement dated June 21, 2001
(a copy of which is attached  hereto) that set forth the  agreement  whereby you
were granted an option to purchase __________ shares of the common capital stock
of Danzer Corporation (now known as "Obsidian enterprises,  ant-") at a price of
$_______ per share (the "Option").  Pursuant to the Letter Agreement, the Option
expired on December 31, 2002. As you know, you were  prohibited  from exercising
the Option prior to its expiration on December 31, 2002 because the common stock
underlying  the Option had not been  registered on a  Registration  Statement on
Form  S-8  or  such  other   registration   statement   acceptable  to  Obsidian
Enterprises, Inc.

     Please be advised that during a meeting held on December 13, 2002 the Board
of Directors of Obsidian  Enterprises,  Inc. agreed to authorize an extension of
the  expiration  date for  exercising  the  Option to  December  31,  2003.  The
extension of the expiration  date to December 31, 2003 is only applicable to the
option issued  December 1999 for _______ common shares and is inapplicable as to
any other options set forth in the Letter Agreement.

     By your signature  hereto,  you hereby  acknowledge  receipt of this notice
extending  the  expiration  date for the Option  and also  ratify,  confirm  and
reaffirm in all respects  all terms,  conditions,  representations,  warranties,
obligations and  restrictions set for in the Letter  Agreement,  unless same are
specifically amended herein.


                                            Yours truly,

                                            /s/ Timothy S. Durham
                                            Timothy S. Durham
                                            Chairman of the Board




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                         [DANZER CORPORATION LETTERHEAD]



                                                  June 21, 2001

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Dear _______________:

     This letter (this "Letter  Agreement")  sets forth our agreement  regarding
your options (the "Options") to purchase the Company's  common stock,  par value
$.0001  per  share  (the  "Common  Stock"),  in  connection  with  that  certain
Acquisition  Agreement and Plan of Reorganization (the "Acquisition  Agreement")
by and among  Danzer  Corporation  (the  "Company"),  Danzer  Industries,  Inc.,
Pyramid Coach,  Inc.,  Champion Trailer,  Inc., United  Acquisition,  Inc., U.S.
Rubber Reclaiming, Inc., Obsidian Capital Partners, L.P. and Timothy S. Durham.

     In  exchange  for  good  and  valuable   consideration,   the  receipt  and
sufficiency of which is  acknowledged  by the parties,  the parties hereto agree
that:

     1. You  represent  and warrant to the Company and to all of its  successors
and assigns that you are the record and beneficial holder of all of the Options,
free and clear of all  encumbrances,  and that other than the Options you own no
other warrants, options or rights to purchase Common Stock in the Company.

     2. At the Effective Time, you hereby covenant and agree not to exercise any
of the Options  until the Company has (i) filed an  amendment  to the  Company's
Articles of  Incorporation  authorizing  120,000,000  shares of Common Stock and
(ii) has  registered  the Common Stock  underlying the Options on a Registration
Statement  on  Form  S-8  or  such  other  appropriate   registration  statement
acceptable to the Company.

     3. You  understand,  acknowledge  and agree that the Options  grant you the
right to  acquire  shares of  Common  Stock of the  Company  under the terms and
conditions  set forth  therein  and do not confer upon you any rights to acquire
capital stock in Danzer Industries, Inc. or any other securities of the Company.

     4. You understand, acknowledge and agree that the Company is relying on the
accuracy of the responses set forth in this Letter Agreement which you represent
to be true, correct and complete.
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     5. You  understand,  acknowledge,  covenant  and agree to  indemnify,  hold
harmless and defend the Company and its  affiliates  and agents,  successors and
assigns  with respect to any and all loss,  damage,  expense,  claim,  action or
liability  which  they may  incur as a result  of a  breach  or  untruth  of any
representations or warranties made by you herein.

     6. You agree to execute and deliver, or cause to be executed and delivered,
such  further  instruments  or  documents  or take such  other  action as may be
reasonably  necessary or convenient to carry out the  transactions  contemplated
hereby.

     7. You understand,  acknowledge and agree that this Letter  Agreement shall
have no force or effect in the event that the First Closing is not consummated.

     This Letter  Agreement  shall be governed and construed  under -the laws of
the State of Texas. In the event any party breaches, or threatens to breach, any
term or provision  contained in this Letter Agreement,  each party hereto agrees
that the  non-breaching  party  and/or its  affiliates  shall be entitled to the
right of specific  performance  and/or both  temporary and permanent  injunctive
relief  without  being  required  to prove  damages or furnish any bond or other
security.  In addition,  the non-breaching party and/or its affiliates shall not
be prohibited by this provision from pursuing other remedies available at law or
in equity.

     If any term, provision,  covenant, or condition of this Letter Agreement is
held to be invalid or unenforceable by a court of competent jurisdiction,  it is
to that extent deemed omitted and the remainder of this Letter  Agreement  shall
continue in full force and effect.

     This Letter Agreement may be amended,  modified or supplemented  only by an
instrument in writing  executed by the parties hereto.  Each party will bear its
own costs and expenses  associated with this transaction.  This Letter Agreement
will be binding  upon and inure to the benefit of the  parties  hereto and their
respective successors and assigns.

     This Letter Agreement is a legal and binding  agreement and constitutes the
complete  and entire  agreement  between the parties with respect to the subject
matter hereof and  supersedes  all prior  agreements  between the parties.  This
Letter Agreement shall not be construed in favor of, or against,  any particular
party by reason of any  presumption  with respect to the drafting of this Letter
Agreement.

     This Letter  Agreement  shall not be deemed to confer upon any person not a
party hereto any rights or remedies hereunder.

     This Letter  Agreement  may be executed in multiple  counterparts,  each of
which shall be deemed an original but all of which together will  constitute one
and the same instrument and facsimile  signatures shall be given the same effect
as original signatures.
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     Please  execute  this  Letter  Agreement  in the  space  provided  below to
evidence that the above is in accordance with our understanding.

                                  Yours truly,

                                  DANZER CORPORATION

                                  /s/ M.E. Williams
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                                  M.E. Williams
                                  President & Chief Executive Officer




ACKNOWLEDGED AND ACCEPTED this 21 day of June, 2001




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                                    SCHEDULE
                          IDENTIFYING MATERIAL DETAILS

                  Date     # Share of                         Expiration
Optionee          Issued   Common Stock     Price             Date
M.E. Williams     Dec-99   125,000          $0.05             Dec-02 (Attached
Kirby McLaughlin  Dec-99   75,000           $0.05             Dec-02 (Attached)