Document:

EXHIBIT 10.2
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                LETTER OF INTENT TO ACQUIRE QVERGENT RADIO CORP.
                ------------------------------------------------

Qvergent Radio Corp.
P.O. Box 1316
Laguna Beach, California  92652

October 11, 2000

PERSONAL AND CONFIDENTIAL
ePromo.com, Inc.
11930 Menaul Blvd. NE, Ste. 107
Albuquerque, New Mexico 87112

         Re:    Proposed Acquisition of Qvergent Radio Corp. by ePromo.com, Inc.
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Gentlemen:

         This letter of intent will confirm the mutual intentions of ePromo.com,
Inc., a Nevada  corporation,  ("Acquiror")  for the  acquisition  by Acquiror of
Qvergent Radio Corp.,  a Delaware  corporation  ("Target")  and certain  related
matters.

         The terms of the proposed merger (the "Merger") will be pursuant to and
are subject to the execution of a definitive agreement to be entered into by the
parties (the "Acquisition  Agreement").  The principal terms of such Acquisition
Agreement will include the following:

         1. The Merger. At the closing of the Merger, Target will merge with and
into a wholly-owned subsidiary of Acquiror ("Merger Sub"), with Target remaining
as the surviving corporation.

         1.2Consideration to be paid in the Merger.    The following  ePromo.com
shareholders  (the "CD Promo  Shareholders")  own a total of eight million three
hundred  seventy-eight  thousand  five  hundred  ninety  (8,378,590)  shares  of
ePromo.com common stock:

            Darren Everitt              2,285,070 shares
            Karl Heimer Karlsson        2,285,070 shares
            David Beasley               761,690 shares
            John Stephens               761,690 shares
            Arnar Gunnlaugsson          1,523,380 shares
            Domain Decision Ltd         761,690 shares

Subject to upward  adjustment  as  described  herein,  the  purchase  price (the
"Purchase  Price")  payable  in the Merger  shall be four  million  one  hundred
eighty-nine thousand two hundred ninety-five  (4,189,295) shares of the CD Promo
Shareholders common stock (the "Initial Shares").  The Initial Shares payable to
the  Target's  shareholders  shall not be newly issued  shares of Acquiror,  but

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already  existing shares owned by the CD Promo  Shareholders.  Acquiror,  the CD
Promo  Shareholders and QRC will identify a legal and contractual  mechanism for
the CD Promo  Shareholders to give back a portion of their shares to Acquiror in
order for Acquiror to fulfill its obligation to purchase  Target.

         3. Other  Negotiations.  After  signing  this  letter,  Target will not
initiate  or,  subject to the  fiduciary  obligations  of Target's  officers and
directors,  hold discussions concerning the sale or acquisition of Target or its
assets  with any party  other  than  Acquiror;  provided,  however,  that if the
Acquisition  Agreement  has not been executed by October 31, 2000 (or such later
date as the  parties  may  agree),  these  restrictions  will no  longer  apply.
Provided further, that this restriction shall be subject to a limited "fiduciary
out" which allows Target to negotiate and provide  information in response to an
unsolicited superior proposal if required by such fiduciary duties.

         4. No Public  Announcement;  No  Disclosure.  The parties shall make no
public  announcement  concerning  this letter,  their  discussions  or any other
memos,  letters or agreements  between the parties  relating to any  acquisition
unless disclosure is required under applicable law. Under no circumstances  will
either party  discuss or disclose the existence or terms of this letter (or that
the parties are holding  discussions) with or to any third party other than such
legal,  accounting and financial advisors of the parties who have a need to know
such information solely for purposes of assisting with respect to the Merger.

         5. Due  Diligence.  At such time prior to the  closing of the Merger as
may be reasonably requested,  each party shall make available to the other party
and the other party's  employees,  agents and  representatives  all  information
concerning  the  operation,  business  and  prospects  of such  party  as may be
reasonably requested by the other party, including,  without limitation,  making
the working  papers of such party's  independent  certified  public  accountants
available  for  inspection  by the other party's  independent  certified  public
accountants.  Each party will  cooperate with the other party for the purpose of
permitting  the other party to discuss such party's  business and prospects with
such party's customers,  creditors,  suppliers and other persons having business
dealings with such party.

         6. Principal Representations and Warranties.

            (a)  Acquiror.  Acquiror  will  deliver  copies  of its most  recent
            reports on Forms 10-K, 10-Q and 8-K to Target, and warrant that such
            documents, taken together, are free\ from material misstatements and
            omissions.  Additionally,  the  Acquisition  Agreement  will contain
            customary representations and warranties of Acquiror covering, among
            other things.

                 (i)   The due incorporation and good standing of Acquiror.

                 (ii)  Acquiror's title to its assets,including its intellectual
                 property, free of all liens and encumbrances.

                 (iii) Compliance,  in all material respects,  with all laws and
                 governmental  regulations applicable to Acquiror's business and
                 operations.

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                 (iv) The absence of  undisclosed  pending  claims,  litigation,
                 contract defaults, etc.

            (b)  Target.  The  Acquisition   Agreement  will  contain  customary
            representations  and  warranties  of Target  covering,  among  other
            things.

                 (i)  The due incorporation and good standing of Target.

                 (ii) The  accuracy  of  all   financial  statements  of  Target
                 submitted to Target and the absence of undisclosed liabilities.

                 (iii)Target's title to its  assets,  including its intellectual
                 property, free of all liens and encumbrances.

                 (iv) Compliance,  in all material  respects,  with all laws and
                 governmental  regulations  applicable to Target's  business and
                 operations.

                 (v)  The  absence of  undisclosed  pending  claims, litigation,
                 contract defaults\, etc.

         7. Acquiror's  Conditions to Close  Merger.   In addition to such other
conditions to closing as are usual in a merger  transaction,  the following will
be  conditions  to the closing of the Merger by  Acquiror  (which  Acquiror  may
waive, in Acquiror's sole discretion):

            (a)  The representation  of  warranties  of  Target  are true in all
            material respects on the date of the closing.

            (b)  The closing of the  Merger  shall  have  occurred  on or before
            October 31, 2000.

            (c)  An opinion of counsel for Target, satisfactory to Acquiror,  as
            to matters usual in a merger transaction.

            (d)  Approval  of  the  Merger  by  the  board  of   directors   and
            shareholders of Target.

            (e)  Execution  and  delivery,  on or before  October 31, 2000, of a
            definitive  and  binding  Acquisition  Agreement  setting  forth all
            material terms of the Merger.

            (f)  Compliance with applicable federal and state securities laws.

         8. Target's Conditions to Close Acquisition.  In addition to such other
conditions to closing as are usual in a merger  transaction,  the following will
be conditions to the closing of the Merger by Target (which Target may waive, in
Target's sole discretion):

            (a)  The representations  and warranties of Acquiror are true in all
            material respects on the date of the closing.

            (b)  The  approval  of the  Merger  by the  board  of  directors  of
            Acquiror.

            (c)  The closing of the  Merger  shall  have  occurred  on or before
            September 30, 2000.

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            (d)  An opinion of counsel for Acquiror,  satisfactory to Target, as
            to matters usual in an acquisition transaction.

            (e)  Execution and  delivery, on or before  September 25, 2000, of a
            definitive  and  binding  Acquisition  Agreement  setting  forth all
            material terms of the Merger.

            (f)  Greg Barela shall be provided with an  employment  agreement to
            serve as Chief  Executive  Officer  of  Acquiror  on such  terms and
            conditions as are acceptable to both Target and Acquiror.

            (g)  Approval  of  the  Merger  by  the  board  of   directors   and
            shareholders of Target.

            (h)  Compliance with applicable federal and state securities laws.

         9. Treatment of Target Accounts  Payable.  Acquiror  acknowledges  that
Target has accumulated  approximately one hundred thousand dollars ($100,000) of
accounts payable. Acquiror agrees to assume the obligation to pay these accounts
payable upon consummation of the Merger.

         10.Registration Rights.  Certain of Target's employees (the "Founders")
shall be given  registration  rights  with  respect to certain  Acquiror  common
shares  received and equaling  approximately  $180,000 in value and comprising a
portion of the Purchase Price. The registration rights shall be specified in the
form of a registration  rights agreement (the  "Registration  Rights Agreement")
and shall  allow for the  Founders  to elect to have  their  shares of  Acquiror
common stock registered as soon as practicable following the Merger.

         11.Continued  Funding  of  Target.    In  connection  with the  Merger,
Acquiror shall covenant and agree to supply working capital to Target  following
the  closing  of the  Merger at the level of at least  $100,000  per month for a
period of twelve (12) consecutive months.

         12.Confidentiality.    The parties to this letter of intent shall exert
reasonable efforts to preserve and contain all proprietary information and trade
secrets of the other party received or confirmed in documentary  form related to
the merger transaction and shall not disclose to any third party or use any such
proprietary information or trade secret for personal advantage,  except that the
receiving party shall be free to use and disclose all or any of such proprietary
information  and trade secrets  which (a) were already in the receiving  party's
possession at the time of disclosure by the disclosing  party;  (b) are a matter
of public  knowledge;  (c) hereunder are hereafter  published other than through
the receiving party; or (d) are lawfully  obtained by the receiving party from a
third party without restrictions of confidentiality.

         13.Expenses.    Acquiror will ultimately be responsible for payment the
expenses in  connection  with the  transactions  contemplated  hereby.  Target's
attorneys shall draft the definitive documents. Acquiror shall assume payment to
Target's attorneys upon consummation of the Merger.

         14.Tax  Consequences.   It is currently  contemplated  that the parties
will  desire the Merger to  constitute  a  reorganization  described  in section
368(a) of the Internal Revenue Code. The parties will consent to such reasonable
changes in the terms outlined above as such changes may be requested in order to
obtain such income tax treatment.

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         15.Governing  Law.   This letter shall be governed by the internal laws
of the State of California applicable to contracts wholly executed and performed
therein.

         16.Closing Date.  The parties shall use their best efforts to close the
Merger by October 31, 2000.

                                      * * *

         The foregoing  letter of intent is a non-binding  proposal only, and is
not and should not be  construed  as an offer or  commitment  by  Acquiror  with
respect  to the  transactions  contemplated  hereby  except as set forth in this
paragraph.  This  letter  of  intent  is  not  intended  to  set  forth  binding
obligations  of Acquiror or Target,  except for  paragraphs 3, 4 and 12, and all
rights and  obligations  of  Acquiror  and Target  are  subject to  negotiation,
execution and delivery of a definitive Acquisition Agreement.

         Notwithstanding  the  delivery  of this  letter  of intent or any past,
present  or  future  approvals  by  the  management,   board  of  directors,  or
stockholders of any party to the proposed  transaction (or any related person or
entity) or any other  past,  present or future  written  or oral  indication  of
assent, or indications of results of negotiations or agreement,  no party to the
proposed transaction (and no person or entity related to any such party) will be
under any legal obligation, except as expressly provided herein, with respect to
the proposed  transaction  or any similar  transaction,  and no offer or binding
commitment  of any  nature  whatsoever  shall be  implied,  unless and until the
formal  agreement  providing for the transaction has been executed and delivered
by all parties thereto.

         Upon the execution of a definitive  Acquisition  Agreement  relating to
the matters set forth  herein,  the  provisions of this letter of intent and all
prior discussions will merge into such agreement.

         [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

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         If you  are in  agreement  with  the  foregoing,  please  confirm  such
agreement by signing and returning to us the enclosed copy of this letter.

                                    Very truly yours,

                                    Qvergert Radio Corp., a Delaware corporation

                                    By:
                                    Name: _____________________________
                                    Title:  ______________________________

Agreed in principal

                                    ePromo.com, Inc., a Nevada corporation

                                    By:
                                    Name: _____________________________
                                    Title:  ______________________________

                                       22EXHIBIT 10.3
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                          AMENDMENT TO LETTER OF INTENT
                          -----------------------------

                              Qvergent Radio Corp.
                                  P.O. Box 1316
                         Laguna Beach, California 92652

                                November 1, 2000

                                   ePromo.com
                         11930 Menaul Blvd. NE, Ste. 107
                          Albuquerque, New Mexico 87112

  Re:Extension of Letter of Intent Concerning Proposed Acquisition of Qvergent
  ----------------------------------------------------------------------------

Gentlemen:

         By this  letter  we  confirm  the terms of the  Letter of Intent  dated
October 11, 2000, between ePromo.com,  a Nevada corporation,  and Qvergent Radio
Corp.,  a Delaware  corporation,  and hereby agree to extend the  provisions set
forth in Section 3 of the Letter of Intent  requiring the Acquisition  Agreement
to be executed by October 31, 2000. The Letter of Intent is hereby  modified and
amended to extend the  exclusivity  provisions  of Section 3 until  November 15,
2000.

         Each  of  the  terms  and  conditions  of  the  Letter  of  Intent  are
incorporated  herein by this  reference.  Capitalized  terms not defined in this
Modification  to Letter of Intent shall have the meaning  provided in the Letter
of Intent.

         If the foregoing accurately sets forth our agreement, please sign where
indicated below.

                                    Very truly yours,

                                    QVERGENT RADIO CORP, a Delaware
                                    corporation

                                    By:
                                         --------------------------
                                    Name:
                                         --------------------------
                                    Its:
                                         --------------------------

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Qvergent Radio Corporation
November 1, 2000

ACKNOWLEDGED AND AGREED
TO AS OF NOVEMBER __, 2000 BY:

EPROMO.COM

By:
    ------------------------
Its:
    ------------------------

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