Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Invision Capital, Inc. - Exhibit 10.1

SHARE PURCHASE AGREEMENT 

THIS AGREEMENT is dated for reference as of the 5th day
  of April, 2006. 

AMONG: 

EDI EXPLORATION DRILLING INTERNATIONAL
  HOLDING GmbH, a company duly formed under the laws
  of Germany, with its principal office at Goethestrasse 61, D-45721 Haltern Am
  See, Germany 

(hereinafter called the "Vendor") 

OF THE FIRST PART 

AND: 

INVISION CAPITAL, INC.,
  a corporation duly formed under the laws of Nevada with its principal office
  at #205 - 1480 Gulf Road, Point Roberts, WA 98281 

(hereinafter called the "Purchaser")

OF THE SECOND PART 

AND: 

EDI EXPLORATION DRILLING INTERNATIONAL
  GmbH, a company with limited liability duly formed under the laws of
  Germany with its principal office at Goethestrasse 61, D-45721 Haltern Am See,
  Germany 

(hereinafter called the "Company") 

OF THE THIRD PART 

AND:

FRANK RIGNEY of 768 Westcot
  Place, West Vancouver, British Columbia, Canada V7S 1N9 

(hereinafter called the "Principal Shareholder")

OF THE FOURTH PART 

WHEREAS: 

A. The Purchaser has offered to purchase all of the issued and
  outstanding shares of the Company; 

B. The Vendor has agreed to sell to the Purchaser all of the
  issued and outstanding shares of the Company held by the Vendor on the terms
  and conditions set forth herein; 

1 

C. In order to induce the Vendor to sell the shares of the Company
  to the Purchaser, the Principal Shareholder has agreed to sell and transfer
  to the Vendor certain shares of the Purchaser; 

D. In order to record the terms and conditions of the agreement
  among them the parties wish to enter into this Agreement; 

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration
  of the foregoing and of the sum of $1.00 paid by the Purchaser to the Vendor
  and to the Company, the receipt of which is hereby acknowledged, the parties
  hereto agree each with the other as follows: 

	1. 	
      INTERPRETATION

1.1 Where used herein or in any amendments or Schedules hereto,
  the following terms shall have the following meanings: 

	 	(a) 	
      "Business" means the business in which the Company is engaged,
        namely:

	 	 	 	 
	 		(i) 	
      selling, deploying and maintaining machinery for water
        exploration; and

	 	 	 	 
	 		(ii) 	
      any other enterprise that is directly related to the foregoing.

	 	 	 	 
	 	(b) 	
      "Closing Date" means the fifth business day following the
        day on which the Company delivers the financial statements referred to
        in Article 5 to the Purchaser or such other date as may be mutually agreed
        upon by the parties hereto but in any event not more than 60 days from
        the date of this Agreement.

	 	 	 	 
	 	(c) 	
      "Company Financial Statements" means those audited financial
        statements of the Company, as at December 31, 2005, which are attached
        as Schedule "A" hereto.

	 	 	 	 
	 	(d) 	
      "Company Shares" means all of the shares of the registered
        capital stock of the Company held by the Vendor, being all of the issued,
        outstanding and registered shares of the Company.

	 	 	 	 
	 	(e) 	
      “Patents” means the patent applications described
        in Schedule “I“ hereto.

	 	 	 	 
	 	(f) 	
      "Principal Shares" means the 20,000,000 presently issued
        restricted common shares of the Purchaser held by the Principal Shareholder
        to be transferred to the Vendor as described in paragraph 2.4.

	 	 	 	 
	 	(g) 	
      "Purchaser Audited Financial Statements" means those audited
        financial statements of the Purchaser as at July 31, 2005, attached as
        Schedule “B” hereto.

	 	 	 	 
	 	(h) 	
      "Purchaser Financial Statements" means, collectively, the
        Purchaser Audited Financial Statements and the Purchaser Unaudited Financial
        Statements.

	 	 	 	 
	 	(i) 	
      "Purchaser Shares" means those fully paid and non-assessable
        shares in the common stock of the Purchaser to be issued by the Purchaser
        to the Vendor as set out in Article 2.

2 

	 	(j) 	
      “Purchaser Unaudited Financial Statements” means
        those unaudited financial statements of the Purchaser as at January 31,
        2006, attached as Schedule “C” hereto.

	 	 	 
	 	(k) 	
      “Securities Act” means the United States Securities
        Act of 1933.

1.2 All dollar amounts referred to in this Agreement are in United
  States funds, unless expressly stated otherwise.

1.3 The following schedules are attached to and form part of
  this Agreement: 

Schedule A – Company Financial Statements

  Schedule B – Purchaser Audited Financial Statements 

  Schedule C – Purchaser Unaudited Financial Statements 

  Schedule D – Employment, Service & Pension Agreements of the Company
  

  Schedule E – Real Property & Leases of the Company 

  Schedule F – Encumbrances on the Company's Assets 

  Schedule G – Company Litigation 

  Schedule H – Purchaser Litigation 

  Schedule I – Patents and Trademarks of the Company 

  Schedule J – Agreement and Deed of Transfer 

	2. 	
      SHARE EXCHANGE AND PURCHASE OF SHARES

2.1 The Vendor hereby covenants and agrees to sell, assign and
  transfer to the Purchaser, and the Purchaser covenants and agrees to purchase
  from the Vendor, the Company Shares held by the Vendor. 

2.2 In consideration for the sale of the Company Shares by the
  Vendor to the Purchaser, the Purchaser shall allot and issue to the Vendor or
  its nominees the Purchaser Shares. 

2.3 The total number of Purchaser Shares to be allotted and issued
  by the Purchaser to the Vendor or its nominees shall be 50,000,000 shares.

2.4 In consideration for the Vendor entering into this Agreement
  and completing the sale of the Company Shares to the Purchaser, the Principal
  Shareholder agrees to transfer the Principal Shares (20,000,000 shares in the
  common stock of the Purchaser) to the Vendor on the Closing Date at and for
  an aggregate price of US $10,000. 

2.5 The Vendor acknowledges that the Purchaser Shares are “restricted
  securities” within the meaning of the Securities Act and will be issued
  to the Vendor in accordance with Regulation S of the Securities Act. Any certificates
  representing the Purchaser Shares will be endorsed with the following legend
  in accordance with Regulation S of the Securities Act: 

“THE SECURITIES REPRESENTED BY
  THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE
  "ACT"), AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION
  REQUIREMENTS OF THE ACT PROVIDED BY REGULATION S PROMULGATED UNDER THE ACT.
  SUCH SECURITIES MAY NOT BE 

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REOFFERED FOR SALE OR RESOLD OR OTHERWISE TRANSFERRED EXCEPT
  IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO AN EFFECTIVE
  REGISTRATION UNDER THE ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION
  UNDER THE ACT. HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED
  UNLESS IN COMPLIANCE WITH THE ACT.” 

	3. 	 COVENANTS, REPRESENTATIONS AND WARRANTIES 

        OF THE VENDOR AND THE COMPANY

     The Vendor and the Company jointly
  and severally covenant with and represent and warrant to the Purchaser as follows,
  and acknowledge that the Purchaser is relying upon such covenants, representations
  and warranties in connection with the purchase by the Purchaser of the Company
  Shares: 

3.1 The Company has been duly incorporated and organized, is
  a validly existing company with limited liability and is in good standing under
  the laws of Germany; it has the corporate power to own or lease its property
  and to carry on the Business; it is duly qualified as a company with limited
  liability to do business and is in good standing with respect thereto in each
  jurisdiction in which the nature of the Business or the property owned or leased
  by it makes such qualification necessary; and it has all necessary licenses,
  permits, authorizations and consents to operate its Business in accordance with
  the terms of its business plan. 

3.2 The total share capital of the Company consists of 35,750
  shares, the paid-in capital of the Company consists of € 35,750 and the
  additional paid-in capital of the Company consists of € 1,063,980. 

3.3 The Company Shares owned by the Vendor are owned by it as
  the beneficial and recorded owner with good and marketable title thereto, free
  and clear of all mortgages, liens, charges, security interests, adverse claims,
  pledges, encumbrances and demands whatsoever. 

3.4 No person, firm or corporation has any agreement or option
  or any right or privilege (whether by law, pre-emptive or contractual) capable
  of becoming an agreement or option for the purchase from the Vendor of any of
  the Company Shares held by it. 

3.5 No person, firm or corporation has any agreement or option,
  including convertible securities, warrants or convertible obligations of any
  nature, or any right or privilege (whether by law, pre-emptive or contractual)
  capable of becoming an agreement or option for the purchase, subscription, allotment
  or issuance of any of the unissued shares in the capital of the Company or of
  any securities of the Company. 

3.6 Except as described below in this paragraph, the Company
  does not have any subsidiaries or agreements of any nature to acquire any subsidiary
  or to acquire or lease any other business operations and will not prior to the
  Closing Date acquire, or agree to acquire, any subsidiary or business without
  the prior written consent of the Purchaser: 

4 

	 	(a) 	 The Company has executed a non-binding Memorandum of
        Understanding (the “KLR MOU”) with KLR Industries Ltd. (“KLR”),
        a company incorporated under the laws of India, for the formation of a
        joint venture entity to be owned 50% by each of the Company and KLR. A
        copy of the KLR MOU has been provided to the Purchaser and the Purchaser
        hereby expressly acknowledges and consents to the ongoing negotiations
        with KLR regarding the subject matter of the KLR MOU.

	 	 	 
	 	(b) 	 The Company has incorporated or acquired two Namibian
        companies, Exploration Drilling International Southern Africa (Proprietary)
        Limited (“EDISA”) and Exploration Drilling International Namibia
        (Properietary) Limited (“EDI Nam”), each of which are currently
        wholly owned subsidiaries of the Company. The Company has disclosed that
        EDI SA and EDI Nam do not currently engage in any business activities
        or own substantial business assets.

3.7 The Company will not, without the prior written consent of
  the Purchaser, issue any additional shares or ownership interest in the Company
  from and after the date hereof to the Closing Date or create any options, warrants
  or rights for any person to subscribe for or acquire any unissued shares in
  the capital of the Company or ownership interest in the Company. 

3.8 The Company is not a party to or bound by any guarantee,
  warranty, indemnification, assumption or endorsement or any other like commitment
  of the obligations, liabilities (contingent or otherwise) or indebtedness of
  any other person, firm or corporation. 

3.9 The books and records of the Company fairly and correctly
  set out and disclose in all material respects, in accordance with generally
  accepted accounting principles, the financial position of the Company as at
  the date hereof, and all material financial transactions of the Company relating
  to the Business have been accurately recorded in such books and records. 

3.10 The Company Financial Statements present fairly the assets,
  liabilities (whether accrued, absolute, contingent or otherwise) and the financial
  condition of the Company as at the date thereof and there will not be, prior
  to the Closing Date, any material increase in such liabilities other than increases
  arising as a result of carrying on the Business in the ordinary and normal course.

3.11 The entering into of this Agreement and the consummation
  of the transactions contemplated hereby will not result in the violation of
  any of the terms and provisions of the constating documents or bylaws of the
  Company or of any indenture, instrument or agreement, written or oral, to which
  the Company or the Vendor may be a party. 

3.12 The entering into of this Agreement and the consummation
  of the transactions contemplated hereby will not, to the best of the knowledge
  of the Company and the Vendor, result in the violation of any law or regulation
  of Germany or of any states in which they are resident or in which the Business
  is or at the Closing Date will be carried on or of any municipal bylaw or ordinance
  to which the Company or the Business may be subject. 

3.13 This Agreement has been duly authorized, validly executed
  and delivered by the Company and the Vendor. 

5 

3.14 The Business has been carried on in the ordinary and normal
  course by the Company since the date of the Company Financial Statements and
  will be carried on by the Company in the ordinary and normal course after the
  date hereof and up to the Closing Date. 

3.15 Except in connection with the real property leases described
  on Schedule E hereto, no capital expenditures in excess of $5,000 have been
  made or authorized by the Company since the date of the Company Financial Statements
  and no capital expenditures in excess of $5,000 will be made or authorized by
  the Company after the date hereof and up to the Closing Date without the prior
  written consent of the Purchaser. 

3.16 Except as disclosed in the Schedules hereto, the Company
  is not a party to any written or oral employment, service, consulting or pension
  agreement, and, the Company does not have any employees or consultants who cannot
  be dismissed on not more than one months notice without further liability. 

3.17 Except as disclosed in the Schedules hereto, the Company
  does not have outstanding any bonds, debentures, mortgages, notes or other indebtedness,
  and the Company is not under any agreement to create or issue any bonds, debentures,
  mortgages, notes or other indebtedness, except liabilities incurred in the ordinary
  course of business. 

3.18 Except as disclosed in the Schedules hereto, the Company
  is not the owner, lessee or under any agreement to own or lease any real property.

3.19 Except as disclosed in the Schedules hereto, the Company
  owns, possesses and has good and marketable title to its undertaking, property
  and assets, and without restricting the generality of the foregoing, all those
  assets described in the balance sheet included in the Company Financial Statements,
  free and clear of any and all mortgages, liens, pledges, charges, security interests,
  encumbrances, actions, claims or demands of any nature whatsoever or howsoever
  arising. 

3.20 The Company has its property insured against loss or damage
  by all insurable hazards or risks on a replacement cost basis and such insurance
  coverage will be continued in full force and effect to and including the Closing
  Date; to the best of the knowledge of the Company and the Vendor, the Company
  is not in default with respect to any of the provisions contained in any such
  insurance policy and has not failed to give any notice or present any claim
  under any such insurance policy in due and timely fashion. 

3.21 The Company does not have any outstanding material agreements,
  contracts or commitments, whether written or oral, of any nature or kind whatsoever,
  including, but not limited to, employment, service, consulting or pension agreements,
  other than those agreements expressly listed in the Schedules hereto or otherwise
  expressly disclosed in this Agreement. 

3.22 Except as provided in the Schedules hereto, there are no
  actions, suits or proceedings (whether or not purportedly on behalf of the Company),
  pending or threatened against or affecting the Company or affecting the Business,
  at law or in equity, or before or by any federal, state, municipal or other
  governmental department, commission, board, bureau, agency or instrumentality,
  domestic or foreign and neither the Company nor the Vendor are aware of any
  existing ground on which any such action, suit or proceeding might be commenced
  with any reasonable likelihood of success. 

3.23 The Company is not in material default or breach of any
  contracts, agreements, written or oral, indentures or other instruments to which
  it is a party and there are no facts, which, 

6 

after notice or lapse of time or both, that would constitute
  such a default or breach, and all such contracts, agreements, indentures or
  other instruments are now in good standing and the Company is entitled to all
  benefits thereunder. 

3.24 The Company has the right to use all of the patents and
  trademarks, both domestic and foreign, in relation to the Business as set out
  in the Schedules hereto. 

3.25 To the best of the knowledge of the Company and the Vendor,
  the conduct of the Business does not infringe upon the patents, trade marks,
  trade names or copyrights, domestic or foreign, of any other person, firm or
  corporation. 

3.26 To the best of the knowledge of the Company and the Vendor,
  the Company is conducting and will conduct the Business in compliance with all
  applicable laws, rules and regulations of each jurisdiction in which the Business
  is or will be carried on, the Company is not in material breach of any such
  laws, rules or regulations and is, or will be on the Closing Date, fully licensed,
  registered or qualified in each jurisdiction in which the Company owns or leases
  property or carries on or proposes to carry on the Business to enable the Business
  to be carried on as now conducted and its property and assets to be owned, leased
  and operated, and all such licenses, registrations and qualifications are or
  will be on the Closing Date valid and subsisting and in good standing and that
  none of the same contains or will contain any provision, condition or limitation
  which has or may have a materially adverse effect on the operation of the Business.

3.27 All facilities and equipment owned or used by the Company
  in connection with the Business are in good operating condition and are in a
  state of good repair and maintenance. 

3.28 Except as disclosed in the Company Financial Statements
  and salaries incurred in the ordinary course of business since the date thereof,
  the Company has no loans or indebtedness outstanding which have been made to
  or from directors, former directors, officers, shareholders and employees of
  the Company or to any person or corporate body not dealing at arm's length with
  any of the foregoing, and will not, prior to closing, pay any such indebtedness
  unless in accordance with budgets agreed in writing by the Purchaser. 

3.29 The Company has made full disclosure to the Purchaser of
  all aspects of the Business and has made all of its books and records available
  to the representatives of the Purchaser in order to assist the Purchaser in
  the performance of its due diligence searches and no material facts in relation
  to the Business have been concealed by the Company or the Vendor. 

3.30 There are no material liabilities of the Company of any
  kind whatsoever, whether or not accrued and whether or not determined or determinable,
  in respect of which the Company or the Purchaser may become liable on or after
  the consummation of the transaction contemplated bythis Agreement, other than
  liabilities which may be reflected on the Company Financial Statements, liabilities
  disclosed or referred to in this Agreement or in the Schedules attached hereto,
  or liabilities incurred in the ordinary course of business and attributable
  to the period since the date of the Company Financial Statements, none of which
  has been materially adverse to the nature of the Business, results of operations,
  assets, financial condition or manner of conducting the Business. 

3.31 The Articles, bylaws and other constating documents of the
  Company in effect with the appropriate corporate authorities as at the date
  of this Agreement will remain in full force and effect without any changes thereto
  as at the Closing Date. 

3.32 The directors and officers of the Company are as follows:

7 

	 	Name 	Position 
	 	  	  
	 	Guenter Thiemann 	Managing Director 
	 	Rainer Rotthaeuser 	Managing Director 

3.33 The Vendor represents and warrants to the Purchaser and
  the Principal Shareholder that the Vendor is not a “U.S. Person” as
  defined by Regulation S of the United States Securities Act of 1933
  and is not acquiring the Purchaser Shares for the account or benefit of a U.S.
  Person. 

3.34 The Vendor represents and warrants to the Purchaser that
  it is acquiring the Purchaser Shares for investment purposes, only, with no
  present intention of dividing its interest with others or reselling or otherwise
  disposing of any or all of the Purchaser Shares. 

3.35 The Vendor acknowledges that the Vendor was not in the United
  States at the time the offer to acquire the Purchaser Shares was received it.

	4. 	
      COVENANTS, REPRESENTATIONS AND WARRANTIES OF
        THE PURCHASER AND THE PRINCIPAL SHAREHOLDER

     The Purchaser and the Principal
  Shareholder covenant with and represent and warrant to the Vendor and the Company
  as follows and acknowledge that the Vendor is relying upon such covenants, representations
  and warranties in entering into this Agreement: 

4.1 The Purchaser has been duly incorporated and organized and
  is validly subsisting under the laws of the State of Nevada; it is a reporting
  issuer under the United States Securities Exchange Act of 1934
  and is in good standing with respect to all filings required to be made under
  such statutes with the United States Securities and Exchange Commission; it
  has the corporate power to own or lease its properties and to carry on its business
  as now being conducted by it; and it is duly qualified as a corporation to do
  business and is in good standing with respect thereto in each jurisdiction in
  which the nature of its business or the property owned or leased by it makes
  such qualification necessary. 

4.2 The authorized capital of the Purchaser consists of 1,000,000,000
  shares of common stock with a par value $0.001 per share, of which 51,992,000
  shares are currently issued and outstanding as fully paid and non-assessable.
  Upon completion of the transactions set out in paragraphs 2.1 through 2.4 of
  this Agreement, the Purchaser will have 101,992,000 shares of common stock issued
  and outstanding, of which the Vendor will be the legal or beneficial owner of
  70,000,000 shares. 

4.3 No person, firm or corporation has any agreement or option,
  including convertible securities, warrants or convertible obligations of any
  nature, or any right or privilege (whether by law, pre-emptive or contractual)
  capable of becoming an agreement or option for the purchase, subscription, allotment
  or issuance of any of the unissued shares in the capital of the Purchaser.

4.4 The Purchaser will not, without the prior written consent
  of the Vendor, issue any additional shares from and after the date hereof to
  the Closing Date or create any options, warrants or rights for any person to
  subscribe for any unissued shares in the capital of the Purchaser. 

4.5 The directors and officers of the Purchaser are as follows:

8 

	 	Name 	             
           Position 
	 	John Boschert 	Director, President, Secretary and Treasurer 

4.6 The Purchaser Audited Financial Statements present fairly
  the assets, liabilities (whether accrued, absolute, contingent or otherwise)
  and the financial condition of the Purchaser as at the date thereof. 

4.7 The Purchaser Unaudited Financial Statements present fairly
  the assets, liabilities (whether accrued, absolute, contingent or otherwise)
  and the financial condition of the Purchaser as of the date thereof and there
  will not be, prior to the Closing Date, any material increase in such liabilities.

4.8 There have been no material adverse changes in the financial
  position or condition of the Purchaser or damage, loss or destruction materially
  affecting the business or property of the Purchaser since the date of the Purchaser
  Unaudited Financial Statements except as may be disclosed by the Purchaser in
  Current Reports on Form 8-K filed with the United States Securities and Exchange
  Commission. 

4.9 The Purchaser has made full disclosure to the Vendor of all
  material aspects of the Purchaser's business and has made all of its books and
  records available to the representatives of the Vendor in order to assist the
  Vendor in the performance of its due diligence searches and no material facts
  in relation to the Purchaser's business have been concealed by the Purchaser.

4.10 The Purchaser is not a party to or bound by any agreement
  or guarantee, warranty, indemnification, assumption or endorsement or any other
  like commitment of the obligations, liabilities (contingent or otherwise) or
  indebtedness of any other person, firm or corporation. 

4.11 Except as disclosed in the Schedules attached hereto, there
  are no actions, suits or proceedings (whether or not purportedly on behalf of
  the Purchaser), pending or threatened against or affecting the Purchaser or
  affecting the Purchaser's business, at law or in equity, or before or by any
  federal, state, municipal or other governmental department, commission, board,
  bureau, agency or instrumentality, domestic or foreign and the Purchaser is
  not aware of any existing ground on which any such action, suit or proceeding
  might be commenced with any reasonable likelihood of success. 

4.12 The Purchaser's common shares are quoted on the NASD OTC
  Bulletin Board and the Purchaser is not in breach of any regulation, by-law
  or policy of, or any of the terms and conditions of its quotation on the NASD
  OTC Bulletin Board applicable to the Purchaser or its operations. 

4.13 The Purchaser does not currently have any employees and
  is not party to any collective agreements with any labour unions or other association
  of employees. 

4.14 The Purchaser does not have any subsidiaries or agreements
  of any nature to acquire any subsidiary or to acquire or lease any other business
  operations and will not prior to the Closing Date acquire, or agree to acquire,
  any subsidiary or business without the prior written consent of the Company.

4.15 The business of the Purchaser now and until the Closing
  Date will be carried on in the ordinary and normal course after the date hereof
  and upon to the Closing Date and no material 

9 

transactions shall be entered into until the Closing Date without
  the prior written consent of the Vendor. 

4.16 No liability, cost or expense will be incurred or payable
  by the Purchaser in connection with the disposition of any of its properties.

4.17 No capital expenditures in excess of $5,000 have been made
  or authorized by the Purchaser since the date of the Purchaser Audited Financial
  Statements and no capital expenditures in excess of $5,000 will be made or authorized
  by the Purchaser after the date hereof and up to the Closing Date without the
  prior written consent of the Vendor. 

4.18 The Purchaser is not indebted to any of its directors or
  officers nor are any of the Purchaser's directors or officers indebted to the
  Purchaser. 

4.19 The Purchaser has good and marketable title to its properties
  and assets as set out in the Purchaser Audited Financial Statements and such
  properties and assets are not subject to any mortgages, pledges, liens, charges,
  security interests, encumbrances, actions, claims or demands of any nature whatsoever
  or howsoever arising. 

4.20 The Corporate Charter, Articles of Incorporation and Bylaws
  and any other constating documents of the Purchaser in effect with the appropriate
  corporate authorities as at the date of this Agreement will not have been materially
  changed as at the Closing Date. 

4.21 There are no material liabilities of the Purchaser of any
  kind whatsoever, whether or not accrued and whether or not determined or determinable,
  in respect of which the Purchaser or the Company may become liable on or after
  the consummation of the transaction contemplated by this Agreement, other than
  liabilities which may be reflected on the Purchaser Audited Financial Statements,
  liabilities disclosed or referred to in this Agreement or in the Schedules attached
  hereto, or liabilities incurred in the ordinary course of business and attributable
  to the period since the date of the Purchaser Audited Financial Statements,
  none of which has been materially adverse to the nature of the Purchaser's business,
  results of operations, assets, financial condition or manner of conducting the
  Purchaser's business. 

4.22 The entering into of this Agreement and the consummation
  of the transactions contemplated hereby will not result in the violation of
  any of the terms and provisions of the constating documents or bylaws of the
  Purchaser or of any indenture, instrument or agreement, written or oral, to
  which the Purchaser may be a party. 

4.23 The entering into of this Agreement and the consummation
  of the transactions contemplated hereby will not, to the best of the knowledge
  of the Purchaser, result in the violation of any law or regulation of the United
  States or the State of Nevada or of any local government bylaw or ordinance
  to which the Purchaser or the Purchaser's business may be subject. 

4.24 This Agreement has been duly authorized, validly executed
  and delivered by the Purchaser. 

4.25 The Purchaser has no contracts with any officers, directors,
  accountants, lawyers or others which cannot be terminated with not more than
  one month's notice. 

4.26 No agreement has been made with Purchaser in respect of
  the purchase and sale contemplated by this Agreement that could give rise to
  any valid claim by any person against the Company or the Vendor for a finder's
  fee, brokerage commission or similar payment. 

10 

4.27 The Principal Shares are owned by the Principal Shareholder
  as the beneficial and recorded owner with good and marketable title thereto,
  free and clear of all mortgages, liens, charges, security interests, adverse
  claims, pledges, encumbrances and demands whatsoever. 

4.28 Upon the receipt by the Purchaser of the Company Shares
  from the Vendor, the Purchaser Shares to be issued by the Purchaser to the Vendor
  will be validly issued, fully paid and non-assessable shares in the common stock
  of the Company. 

	5. 	
      ACTS IN CONTEMPLATION OF CLOSING

5.1 The Company covenants and agrees with the Purchaser and the
  Principal Shareholder to, prior to or on the Closing Date, deliver to the Purchaser
  those audited annual financial statements and unaudited interim financial statements
  of the Company as are required by Item 310 of Regulation SB of the United States
  Securities and Exchange Commission in order to permit the Purchaser to make
  the United States Securities and Exchange Commission filings required in respect
  of the purchase and sale of the shares of the Company in accordance with this
  Agreement.

	6. 	
      CONDITIONS OF CLOSING

6.1 All obligations of the Purchaser under this Agreement are
  subject to the fulfilment, at or prior to the Closing Date, of the following
  conditions: 

	 	(a) 	
      The respective representations and warranties of the Vendor
        and the Company contained in this Agreement or in any Schedule hereto
        or certificate or other document delivered to the Purchaser pursuant hereto
        shall be substantially true and correct as of the date hereof and as of
        the Closing Date with the same force and effect as though such representations
        and warranties had been made on and as of such date, regardless of the
        date as of which the information in this Agreement or any such Schedule
        or certificate is given, and the Purchaser shall have received on the
        Closing Date certificates dated as of the Closing Date, in forms satisfactory
        to counsel for the Purchaser and signed under seal by the Vendor and by
        two senior officers of the Company to the effect that their respective
        representations and warranties referred to above are true and correct
        on and as of the Closing Date with the same force and effect as though
        made on and as of such date, provided that the acceptance of such certificates
        and the closing of the transactions herein provided for shall not be a
        waiver of the respective representations and warranties contained in Articles
        3 and 4 or in any Schedule hereto or in any certificate or document given
        pursuant to this Agreement which covenants, representations and warranties
        shall continue in full force and effect for the benefit of the Purchaser;

	 	 	 
	 	(b) 	
      the Company shall have caused to be delivered to the Purchaser
        either a certificate of an officer of the Company or, at the Purchaser's
        election, an opinion of legal counsel acceptable to the Purchaser's legal
        counsel, in either case, in form and substance satisfactory to the Purchaser,
        dated as of the Closing Date, to the effect that:

11 

	 	(i) 	
      the Company owns, possesses and has good and marketable
        title to its undertaking, property and assets, and without restricting
        the generality of the foregoing, those assets described in the balance
        sheet included in the Company Financial Statements, free and clear of
        any and all mortgages, liens, pledges, charges, security interests, encumbrances,
        actions, claims or demands of any nature whatsoever and howsoever arising;

	 	 	 
	 	(ii) 	
      the Company has been duly incorporated, organized and is
        validly existing under the laws of Germany, it has the corporate power
        to own or lease its properties and to carry on its business that is now
        being conducted by it and is in good standing with respect to filings
        with the appropriate governmental authorities;

	 	 	 
	 	(iii) 	
      the issued and authorized capital of the Company is as
        set out in this Agreement and all of the issued and outstanding shares
        have been validly issued as fully paid and non-assessable;

	 	 	 
	 	(iv) 	
      all necessary approvals and all necessary steps and corporate
        proceedings have been obtained or taken to permit the Company Shares to
        be duly and validly transferred to and registered in the name of the Purchaser;
        and

	 	 	 
	 	(v) 	
      the consummation of the purchase and sale contemplated
        by this Agreement, including, but not limited to, the transfer of the
        Company Shares to the Purchaser, will not be in breach of any laws of
        Germany , and, in particular but without limiting the generality of the
        foregoing, the execution and delivery of this Agreement by the Vendor
        and the Company has not breached and the consummation of the purchase
        and sale contemplated hereby will not be in breach of any laws of Germany
        or of any other country or state in which a Vendor is resident or the
        Company carries on business;

	 		
      and, without limiting the generality of the foregoing,
        that all corporate proceedings of the Company, its shareholders and directors
        and all other matters which, in the reasonable opinion of counsel for
        the Purchaser, are material in connection with the transaction of purchase
        and sale contemplated by this Agreement, have been taken or are otherwise
        favorable to the completion of such transaction.

	 	 	 
	 	(c) 	
      At the Closing Date there shall have been no materially
        adverse change in the affairs, assets, liabilities, or financial condition
        of the Company or the Business (financial or otherwise) from that shown
        on or reflected in the Company Financial Statements.

	 	 	 
	 	(d) 	
      No substantial damage by fire or other hazard to the Business
        shall have occurred prior to the Closing Date.

	 	 	 
	 	(e) 	
      The Company shall have delivered to the Purchaser those
        financial statements of the Company specified in paragraph 5.1 hereof.

6.2 In the event any of the foregoing conditions contained in
  paragraph 6.1 hereof are not fulfilled or performed at or before the Closing
  Date to the reasonable satisfaction of the Purchaser, the Purchaser may terminate
  this Agreement by written notice to the Vendor and in such event the Purchaser
  shall be released from all further obligations hereunder but any of such conditions
  may be 

12 

waived in writing in whole or in part by the Purchaser without
  prejudice to its rights of termination in the event of the non-fulfilment of
  any other conditions. 

6.3 All obligations of the Vendor under this Agreement are subject
  to the fulfilment, at or prior to the Closing Date, of the following conditions:

	 	(a) 	
      The representations and warranties of the Purchaser contained
        in this Agreement or in any Schedule hereto or certificate or other document
        delivered to the Company and the Vendor pursuant hereto shall be substantially
        true and correct as of the date hereof and as of the Closing Date with
        the same force and effect as though such representations and warranties
        had been made on and as of such date, regardless of the date as of which
        the information in this Agreement or any such Schedule or certificate
        is given, and the Vendor shall have received on the Closing Date a certificate
        dated as of the Closing Date, in a form satisfactory to the Vendor and
        signed under seal by two senior officers of the Purchaser, to the effect
        that such representations and warranties referred to above are true and
        correct on and as of the Closing Date with the same force and effect as
        though made on and as of such date, provided that the acceptance of such
        certificate and the closing of the transaction herein provided for shall
        not be a waiver of the representations and warranties contained in Article
        4 or in any Schedule hereto or in any certificate or document given pursuant
        to this Agreement which covenants, representations and warranties shall
        continue in full force and effect for the benefit of the Vendor.

	 	 	 	 
	 	(b) 	
      The Purchaser shall have caused to be delivered to the
        Vendor either a certificate of an officer of the Purchaser or, at the
        Vendor's election, an opinion of legal counsel acceptable to counsel to
        the Vendor, in either case, in form and substance satisfactory to the
        Vendor, dated as of the Closing Date, to the effect that:

	 	 	 	 
	 		(i) 	
      the Purchaser has been duly incorporated and organized
        and is validly subsisting under the laws of the State of Nevada, it has
        the corporate power to own or lease its properties and to carry on its
        business that is now being conducted by it and is in good standing with
        respect to all filings with the appropriate corporate authorities in Nevada
        and with respect to all annual and quarterly filings with the United States
        Securities and Exchange Commission;

	 	 	 	 
	 		(ii) 	
      the issued and authorized capital of the Purchaser is as
        set out in this Agreement and all issued shares have been validly issued
        as fully paid and non-assessable;

	 	 	 	 
	 		(iii) 	
      all necessary approvals and all necessary steps and corporate
        proceedings have been obtained or taken to permit the Purchaser Warrants
        to be duly and validly issued to the Vendor and the Purchaser Shares to
        be duly and validly allotted and issued to and registered in the name
        of the Vendor;

	 	 	 	 
	 		(iv) 	
      the consummation of the purchase and sale contemplated
        by this Agreement, including, but not limited to, the issuance and delivery
        of the Purchaser Shares to the Vendor, in consideration of the purchase
        of the Company Shares from the Vendor, will not be in breach of any laws
        of Nevada and, in particular, but without limiting the generality of the
        foregoing, the execution and delivery of this Agreement by the Purchaser

13 

has not breached, and the consummation
  of the purchase and sale contemplated hereby will not be in breach of, any securities
  laws of the United States of America; 

and, without limiting the generality
  of the foregoing, that all corporate proceedings of the Purchaser, its shareholders
  and directors and all other matters which, in the reasonable opinion of counsel
  for the Company, are material in connection with the transaction of purchase
  and sale contemplated by this Agreement, have been taken or are otherwise favorable
  to the completion of such transaction. 

	 	(c) 	At the Closing Date there shall have been no materially
        adverse change in the affairs, assets, liabilities, financial condition
        or business (financial or otherwise) of the Purchaser from that shown
        on or reflected in the Purchaser Audited Financial Statements. 

6.4 In the event that any of the conditions contained in paragraph
  6.3 hereof shall not be fulfilled or performed by the Purchaser at or before
  the Closing Date to the reasonable satisfaction of the Vendor then the Vendor
  shall have all the rights and privileges granted to the Purchaser under paragraph
  6.2, mutatis mutandis. 

	7. 	
      CLOSING ARRANGEMENTS

7.1 The closing shall take place on the Closing Date at the offices
  of the Vendor at Goethestrasse 61, D-45721 Haltern Am See, Germany, or at such
  other time and place as the parties may mutually agree. 

7.2 On the Closing Date, upon fulfilment of all the conditions
  set out in Article 6 which have not been waived in writing by the Purchaser
  or by the Vendor, as the case may be, then: 

	 	(a) 	
      the Vendor shall deliver to the Purchaser:

	 	 	 	 
	 		(i) 	
      the Agreement and Deed of Transfer in the form attached
        as Schedule J hereto and such other documents as may be necessary to record
        the transfer of the Company to the Purchaser in the commercial registry
        in Gelsenkirchen;

	 	 	 	 
	 		(ii) 	
      the certificates and officer's certificate or opinion referred
        to in paragraph 6.1; and

	 	 	 	 
	 		(iii) 	
      evidence satisfactory to the Purchaser and its legal counsel
        of the completion by the Company and the Vendor of those acts referred
        to in paragraph 5.1.

	 	 	 	 
	 	(b) 	
      the Vendor and the Company shall cause the Company Shares
        to be transferred into the name of the Purchaser, or its nominee, to be
        duly and regularly recorded in the books and records of the Company;

	 	 	 	 
	 	(c) 	
      the Purchaser shall issue, execute and deliver to the Vendor:

	 	 	 	 
	 		(i) 	
      certificates representing the Purchaser Shares duly endorsed
        with legends, acceptable to the Purchaser's counsel, respecting restrictions

14 

	 		
      on transfer as required by or necessary under the applicable
        securities legislation of the United States or any state, including, but
        not limited to, the non-transferability of such shares for a period of
        one year from the Closing Date;

	 	 	 
	 	(ii) 	
      the certificates and officer's certificate or opinion referred
        to in paragraph 6.3;

	 	 	 
	 	(iii) 	
      sequential resignations and directors resolutions such
        that the following will have been appointed directors and/or officers
        of the Purchaser immediately following closing:

	 	Name 	Position 
	 	  	  
	 	Rainer Rotthaeuser 	Director & President 
	 	Guenter Thiemann 	Secretary & Treasurer 
	 	John Boschert 	Director 

	 	  	(iv) all agreements, deeds
      or other documents (including but not limited to a power of attorney) which
      are necessary to register the transfer of the Company from the Vendor to
      the Purchaser in the commercial registry of Gelsenkirchen; 
	 	  
	 	  	  	  
	 	(d) The Principal Shareholder shall deliver
      to the Vendor the certificates representing all the Principal Shares duly
      endorsed in blank for transfer or with a stock power of attorney (in either
      case with the signature guaranteed by the appropriate official) with all
      applicable security transfer taxes paid. 

	8. 	
      ACTIONS TO BE TAKEN AFTER CLOSING

8.1 As soon as reasonably practicable after closing of the transactions
  set out in this Agreement, and no later than 10 days after an information statement
  is prepared, filed with United States Securities and Exchange Commission and
  transmitted to the security holders of the Purchaser, each in accordance with
  section 14(f) of the United States Securities Exchange Act of 1934 and Rule
  14f-1 promulgated thereunder, the Purchaser shall deliver sequential resignations
  and directors resolutions such that the directors and/or officers of the Purchaser
  shall be as follows: 

	 	Name 	Position 
	 	  	  
	 	Rainer Rotthaeuser 	Director & President 
	 	Guenter Thiemann 	Director, Secretary & Treasurer 

	9. 	
      GENERAL PROVISIONS

9.1 Time shall be of the essence of this Agreement. 

9.2 This Agreement contains the whole agreement between the parties
  hereto in respect of the purchase and sale of the Company Shares and there are
  no warranties, representations, 

15 

terms, conditions or collateral agreements expressed, implied
  or statutory, other than as expressly set forth in this Agreement. 

9.3 This Agreement shall enure to the benefit of and be binding
  upon the parties hereto and their respective successors and permitted assigns.
  The Purchaser may not assign this Agreement without the consent of the Company
  which consent may be withheld for any reason whatsoever. 

9.4 Any notice to be given under this Agreement shall be duly
  and properly given if made in writing and delivered or telecopied to the addressee
  at the address as set out on page one of this Agreement. Any notice given as
  aforesaid shall be deemed to have been given or made on, if delivered, the date
  on which it was delivered or, if telecopied, on the next business day after
  it was telecopied. Any party hereto may change its address for notice from time
  to time by providing notice of such change to the other parties hereto in accordance
  with the foregoing. 

9.5 This Agreement may be executed in one or more counter-parts,
  each of which so executed shall constitute an original and all of which together
  shall constitute one and the same agreement. 

9.6 This Agreement shall be construed and enforced in accordance
  with, and the rights of the parties shall be governed by, the laws of the State
  of Nevada, and each of the parties hereto irrevocably attorns to the jurisdiction
  of the courts of the State of Nevada. 

9.7 No claim shall be made by the Company or the Vendor against
  the Purchaser, or by the Purchaser against the Company or the Vendor, as a result
  of any misrepresentation or as a result of the breach of any covenant or warranty
  herein contained unless the aggregate loss or damage to such party exceeds $5,000.

-- INTENTIONALLY LEFT BLANK --

16 

IN WITNESS WHEREOF the parties hereto have executed this
  Agreement as of the day and year first above written. 

EDI EXPLORATION DRILLING INTERNATIONAL HOLDING GmbH 

	/s/ Rainer Rotthaeuser
    	 	/s/ Guenter Thiemann 
	Per: Rainer Rotthaeuser, 	 	Per: Guenter Thiemann, 
	         Managing
      Director 	 	         Managing
      Director 
	  	 	  
	EDI EXPLORATION DRILLING INTERNATIONAL GmbH
    
	  	 	  
	  	 	  
	  	 	  
	/s/ Rainer Rotthaeuser
    	 	/s/ Guenter Thiemann 
	Per: Rainer Rotthaeuser, 	 	Per: Guenter Thiemann, 
	         Managing Director
    	 	         Managing
      Director 
	  	 	  
	INVISION CAPITAL, INC. 	 	  
	  	 	  
	  	 	  
	  	 	  
	/s/ John Boschert
    	 	  
	Per: John Boschert, 	 	  
	        President, Secretary
      and Treasurer 	 	  
	  	 	  
	SIGNED, SEALED AND DELIVERED 	 	  
	BY JOHN BOSCHERT as attorney for 	 	  
	FRANK RIGNEY 	 	  
	in the presence of: 	 	  
	  	 	  
	  	 	  
	/s/ Stephen F.X.
      O’Neill 	 	/s/ John Boschert 
	Signature of Witness 	 	JOHN BOSCHERT as attorney for 
	  	 	FRANK RIGNEY 
	  	 	  
	Stephen F.X. O'Neill
    	 	  
	Name 	 	  
	  	 	  
	#1880 – 1055 West Georgia Street 	 	  
	Vancouver, BC V6E
      3P3 	 	  
	 	 	 
	Address 	 	  

17

	SCHEDULE "A" 
	 
	to that Share Purchase Agreement 
	dated for reference as of the 5th day of April, 2006 
	 
	COMPANY FINANCIAL STATEMENTS 

  

 

 

 

 

 

 

 

 

  

	SCHEDULE "B" 
	 
	to that Share Purchase Agreement 
	dated for reference as of the 5th day of April, 2006 
	 
	PURCHASER AUDITED FINANCIAL STATEMENTS 

Report of Independent Registered Public Accounting Firm

The Board of Directors and Shareholders Invision Capital, Inc.:

We have audited the accompanying balance sheet of Invision Capital,
  Inc. as of July 31, 2005, and the related statements of operations, changes
  in shareholders’ deficit, and cash flows for the years ended July 31, 2005
  and 2004, and from January 24, 2003 (inception) through July 31, 2005. These
  financial statements are the responsibility of the Company’s management.
  Our responsibility is to express an opinion on these financial statements based
  on our audits.

We conducted our audits in accordance with the standards of the
  Public Company Accounting Oversight Board (United States). Those standards require
  that we plan and perform the audits to obtain reasonable assurance about whether
  the financial statements are free of material misstatement. An audit includes
  examining, on a test basis, evidence supporting the amounts and disclosures
  in the financial statements. An audit also includes assessing the accounting
  principles used and significant estimates made by management, as well as evaluating
  the overall financial statement presentation. We believe that our audits provide
  a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
  fairly, in all material respects, the financial position of Invision Capital,
  Inc. as of July 31, 2005, and the results of its operations and its cash flows
  for the years ended July 31, 2005 and 2004, and from January 24, 2003 (inception)
  through July 31, 2005 in conformity with accounting principles generally accepted
  in the United States of America.

The accompanying financial statements have been prepared assuming
  that the Company will continue as a going concern. As discussed in Note 1 to
  the financial statements, the Company’s significant operating losses raise
  substantial doubt about its ability to continue as a going concern. Management’s
  plan in regard to this matter is also discussed in Note 1. The financial statements
  do not include any adjustments that might result from the outcome of this uncertainty.

Cordovano and Honeck, LLP 

  Denver, Colorado 

  September 30, 2005

F-2

INVISION CAPITAL, INC. 

  (An Exploration Stage Company) 

  Balance Sheet

  (Presented in U.S. Dollars)

  July 31, 2005

	Assets  	 
	Current assets: 	 	 
    	 
	   Cash 	$	 2,468 	 
	  	 	  	 
	Liabilities and Shareholders’
      Deficit  	 
	Current liabilities:
    	 	 
    	 
	   Accrued liabilities 	$	 3,000 	 
	   Indebtedness
      to related party (Note 2) 	 	3,225
    	 
	               
                           
         Total current liabilities 	 	6,225 	 
	  	 	  	 
	Shareholders’ deficit (Notes 2 and 4):
    	 	  	 
	   Common
      stock, $.001 par value; 200,000,000 shares authorized, 	 	 
    	 
	           10,398,400
      shares issued and outstanding 	 	10,399 	 
	   Additional
      paid-in capital 	 	62,911
    	 
	   Accumulated deficit 	 	(77,281	) 
	   Cumulative
      translation adjustment 	 	214 	 
	             
                           
           Total shareholders’ deficit 	 	(3,757	) 
	  	$	 2,468
    	 

See accompanying notes to financial statements 

  F-3

INVISION CAPITAL, INC. 

  (An Exploration Stage Company)

  Statements of Operations

  (Presented in U.S. Dollars)

	  	 	  	 	 	  	 	 	January 24, 	 
	  	 	  	 	 	  	 	 	2003 	 
	  	 	  	 	 	  	 	 	(Inception) 	 
	  	 	For The Year Ended 	 	 	Through 	 
	  	 	July 31, 	 	 	July 31, 	 
	  	 	2005 	 	 	2004 	 	 	2005 	 
	Expenses: 	 	  	 	 	  	 	 	  	 
	   Contributed rent (Note 2) 	$	 1,200 	 	$	 1,200 	 	$	 3,000 	 
	   Contributed administrative support
      (Note 2) 	 	150 	 	 	200 	 	 	450 	 
	   Unproven mineral interest acquisition costs (Note
      3) 	 	— 	 	 	— 	 	 	7,420 	 
	   Unproven mineral interest exploration
      costs (Note 3) 	 	— 	 	 	18,787 	 	 	18,787 	 
	   Professional fees 	 	6,425 	 	 	13,899 	 	 	30,807 	 
	   Licenses and other filing fees
    	 	1,775 	 	 	— 	 	 	1,775 	 
	   Office 	 	1,626 	 	 	9,381 	 	 	12,966 	 
	   Other 	 	645 	 	 	353 	 	 	2,076 	 
	                 
                           
       Total expenses 	 	11,821
    	 	 	43,820
    	 	 	77,281
    	 
	             
                           
           Loss from operations 	 	(11,821	) 	 	(43,820	) 	 	(77,281	) 
	Income tax provision (Note 5) 	 	— 	 	 	— 	 	 	— 	 
	  	 	  	 	 	  	 	 	  	 
	                 
                           
       Net loss 	$	 (11,821	) 	$	 (43,820	) 	$	 (77,281	) 
	  	 	  	 	 	  	 	 	  	 
	Basic and diluted loss per share 	$	 (0.00	) 	$	 (0.00	) 	 	  	 
	  	 	  	 	 	  	 	 	  	 
	Basic and diluted weighted average 	 	  	 	 	  	 	 	  	 
	   common shares outstanding 	 	10,398,400 	 	 	10,398,400 	 	 	  	 

See accompanying notes to financial statements 

  F-4

INVISION CAPITAL, INC. 

  (An Exploration Stage Company)

  Statement of Changes in Shareholders' Deficit

  (Presented in U.S. Dollars)

	  	 	  	 	 	  	 	 	  	 	 	  	 	 	Cumulative 	 	 	  	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	Translation 	 	 	  	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	Adjustment 	 	 	  	 
	  	 	  	 	 	  	 	 	Additional 	 	 	  	 	 	Other 	 	 	  	 
	  	 	Common Stock 	 	 	Paid-In 	 	 	Accumulated 	 	 	Comprehensive 	 	 	  	 
	  	 	Shares 	 	 	Par Value 	 	 	Capital 	 	 	Deficit 	 	 	Loss 	 	 	Total 	 
	Balance at January 24, 2003 (inception) 	 	— 	 	$	 — 	 	$	 — 	 	$	 — 	 	$	 — 	 	$	 — 	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	January 2003, common stock sold to an officer
    	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 ($.001/share) (Note 2) 	 	4,000,000 	 	 	4,000 	 	 	— 	 	 	— 	 	 	— 	 	 	4,000 	 
	March 2003, common stock sold in private stock
    	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 offering ($.001/share) (Note 4) 	 	6,000,000 	 	 	6,000 	 	 	— 	 	 	— 	 	 	— 	 	 	6,000 	 
	May and June 2003, common stock sold in 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 private stock offering ($.15/share) (Note 4) 	 	397,740 	 	 	398 	 	 	59,263 	 	 	— 	 	 	— 	 	 	59,661 	 
	Office space and administrative support 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 contributed by an officer (Note 2) 	 	— 	 	 	— 	 	 	700 	 	 	— 	 	 	— 	 	 	700 	 
	Capital contributions by an officer (Note 2)
    	 	— 	 	 	— 	 	 	99 	 	 	— 	 	 	— 	 	 	99 	 
	Comprehensive loss: 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 Net loss, period ended July 31, 2003
    	 	— 	 	 	— 	 	 	— 	 	 	(21,640	) 	 	— 	 	 	(21,640	) 
	 Cumulative translation adjustment 	 	—
    	 	 	—
    	 	 	—
    	 	 	—
    	 	 	(370	) 	 	(370	) 
	Comprehensive loss 	 	— 	 	 	— 	 	 	— 	 	 	— 	 	 	— 	 	 	(22,010	) 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Balance at July 31, 2003 	 	10,397,740 	 	 	10,398 	 	 	60,062 	 	 	(21,640	) 	 	(370	) 	 	48,450 	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	October 2003, common stock issued related to
    	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 June 2003 private stock offering (Note 4) 	 	660 	 	 	1 	 	 	99 	 	 	— 	 	 	— 	 	 	100 	 
	Office space and administrative support 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 contributed by an officer (Note 2) 	 	— 	 	 	— 	 	 	1,400 	 	 	— 	 	 	— 	 	 	1,400 	 
	Comprehensive loss: 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 Net loss, year ended July 31, 2004 	 	— 	 	 	— 	 	 	— 	 	 	(43,820	) 	 	— 	 	 	(43,820	) 
	 Cumulative translation adjustment 	 	— 	 	 	— 	 	 	— 	 	 	— 	 	 	242 	 	 	242 	 
	Comprehensive loss 	 	—
    	 	 	—
    	 	 	—
    	 	 	—
    	 	 	—
    	 	 	(43,578	) 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Balance at July 31, 2004 	 	10,398,400 	 	 	10,399 	 	 	61,561 	 	 	(65,460	) 	 	(128	) 	 	6,372 	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Office space and administrative support 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 contributed by an officer (Note 2) 	 	— 	 	 	— 	 	 	1,350 	 	 	— 	 	 	— 	 	 	1,350 	 
	Comprehensive loss: 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 Net loss, year ended July 31, 2005 	 	— 	 	 	— 	 	 	— 	 	 	(11,821	) 	 	— 	 	 	(11,821	) 
	 Cumulative translation adjustment 	 	— 	 	 	— 	 	 	— 	 	 	— 	 	 	342 	 	 	342 	 
	Comprehensive loss 	 	— 	 	 	— 	 	 	— 	 	 	— 	 	 	— 	 	 	(11,479	) 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Balance at July 31, 2005 	 	10,398,400 	 	$	 10,399 	 	$	 62,911 	 	$	 (77,281	) 	$	 214 	 	$	 (3,757	) 

See accompanying notes to financial statements 

  F-5

INVISION CAPITAL, INC. 

  (An Exploration Stage Company)

  Statement of Cash Flows

  (Presented in U.S. Dollars)

	  	 	  	 	 	  	 	 	January 24, 	 
	  	 	  	 	 	  	 	 	2003 	 
	  	 	  	 	 	  	 	 	(Inception) 	 
	  	 	For The Year Ended 	 	 	Through 	 
	  	 	July 31, 	 	 	July 31, 	 
	  	 	2005 	 	 	2004 	 	 	2005 	 
	Cash flows from operating activities: 	 	  	 	 	  	 	 	  	 
	   Net loss 	$	 (11,821	) 	$	 (43,820	) 	$	 (77,281	) 
	   Adjustments to reconcile net loss to net cash
    	 	  	 	 	  	 	 	  	 
	             
             Office space and administrative support 	 	  	 	 	  	 	 	  	 
	                                      
      contributed by a director (Note 2) 	 	1,350 	 	 	1,400 	 	 	3,450 	 
	             
             Changes in operating assets and liabilities:
    	 	  	 	 	  	 	 	  	 
	                                       Accounts
      payable and accrued expenses 	 	(1,300	) 	 	900 	 	 	3,000
    	 
	             
                           
                     Net cash used in
    	 	  	 	 	  	 	 	  	 
	                                                            
      operating activities 	 	(11,771	) 	 	(41,520	) 	 	(70,831	) 
	  	 	  	 	 	  	 	 	  	 
	Cash flows from financing activities: 	 	  	 	 	  	 	 	  	 
	   Capital contribution by an officer
      (Note 2) 	 	— 	 	 	— 	 	 	99 	 
	   Proceeds from sale of common stock 	 	— 	 	 	100 	 	 	69,761 	 
	   Proceeds from officer loan (Note
      2) 	 	3,225 	 	 	— 	 	 	3,225 	 
	                 
                           
                 Net cash provided by 	 	  	 	 	  	 	 	  	 
	                                                              
      financing activities 	 	3,225 	 	 	100 	 	 	73,085 	 
	  	 	  	 	 	  	 	 	  	 
	Effect of exchange rate changes on cash 	 	342 	 	 	242 	 	 	214 	 
	  	 	  	 	 	  	 	 	  	 
	             
                           
                     Net change in cash
    	 	(8,204	) 	 	(41,178	) 	 	2,468 	 
	  	 	  	 	 	  	 	 	  	 
	Cash, beginning of period 	 	10,672 	 	 	51,850 	 	 	— 	 
	  	 	  	 	 	  	 	 	  	 
	Cash, end of period 	$	 2,468 	 	$	 10,672 	 	$	 2,468 	 
	  	 	  	 	 	  	 	 	  	 
	Supplemental disclosure of cash flow information:
    	 	  	 	 	  	 	 	  	 
	   Cash paid during the period for: 	 	  	 	 	  	 	 	  	 
	   Income taxes 	$	 — 	 	$	 — 	 	$	 — 	 
	   Interest 	$	 —
    	 	$	 —
    	 	$	 —
    	 

See accompanying notes to financial statements 

  F-6

INVISION CAPITAL, INC. 

  (An Exploration Stage Company) 

  Notes to Financial Statements

(1) Summary of Significant Accounting Policies

Organization and Basis of Presentation

Invision Capital, Inc. (the “Company”) was incorporated
  in the state of Nevada on January 24, 2003 to engage in the acquisition, exploration
  and development of natural resource properties. The Company is in the exploration
  stage in accordance with Industry Guide 7. On July 7, 2003, the Company entered
  into an Option to Purchase and Royalty Agreement to acquire an unproven mineral
  claim located in the Thunder Bay Mining Division, Ontario, Canada (see Note
  3). The accompanying financial statements have been prepared assuming that the
  Company will continue as a going concern.

The Company’s significant operating losses raise substantial
  doubt about its ability to continue as a going concern. Inherent in the Company’s
  business are various risks and uncertainties, including its limited operating
  history, historical operating losses, dependence upon strategic alliances, and
  the historical success rate of mineral exploration. Management’s plan is
  to acquire interests in certain mining claims and explore for minerals.

The Company’s future success is primarily dependent upon
  the existence of minerals on the property for which the Company owns an option
  to acquire claims. No minerals have yet been discovered on the property. The
  Company’s success will also be dependent upon its ability to raise sufficient
  capital to fund its exploration program and, if minerals are discovered, to
  mine the discovery on a timely and cost-effective basis. There is no assurance
  that the Company will discover minerals or, if minerals are discovered, that
  it will be able to raise sufficient capital to mine the discovery on a timely
  and cost-effective basis.

Use of Estimates

The preparation of financial statements in accordance with generally
  accepted accounting principles requires management to make estimates and assumptions
  that affect the reported amounts of assets and liabilities and the disclosure
  of contingent assets and liabilities at the date of financial statements and
  the reported amounts of revenues and expenses during the reporting period. Actual
  results could differ from those estimates.

Functional Currency

The Company’s functional currency is the Canadian dollar;
  however, the accompanying financial statements and footnotes refer to United
  States (“U.S.”) dollars unless Canadian dollars are specifically designated
  with “CDN”.

Cash and Cash Equivalents

The Company considers all highly liquid securities with original
  maturities of three months or less when acquired to be cash equivalents. There
  were no cash equivalents at July 31, 2005.

Unproven Mineral Interest Costs

The Company’s unproven mineral interest costs, including
  acquisition costs, have been paid in cash. Exploration and development expenditures
  are expensed in the period incurred until such time as the Company establishes
  the existence of commercial feasibility, at which time these costs will be deferred.
  Administrative expenditures are expensed in the period incurred.

F-7

INVISION CAPITAL, INC.

  (An Exploration Stage Company)

  Notes to Financial Statements

Mineral interest acquisition costs and related interest and financing
  costs may be deferred until the property is placed into production, sold or
  abandoned only when and if proven and probable reserves have been found to exist.
  No proven or probable reserves are currently known to exist.

Offering Costs

The Company defers offering costs, such as legal, accounting
  and printing costs, until such time as the offering is completed. At that time,
  the Company offsets the offering costs against the proceeds from the offering.
  If an offering is unsuccessful, the costs are charged to operations at that
  time.

Earnings (loss) per Common Share

The Company reports loss per share using a dual presentation
  of basic and diluted loss per share. Basic loss per share excludes the impact
  of common stock equivalents. Diluted loss per share utilizes the average market
  price per share when applying the treasury stock method in determining common
  stock equivalents. At July 31, 2005, there were no variances between the basic
  and diluted loss per share as there were no potentially dilutive securities
  outstanding.

Income Taxes

The Company accounts for income taxes under the provisions of
  SFAS No. 109, Accounting for Income Taxes (SFAS 109). SFAS 109 requires
  recognition of deferred tax liabilities and assets for the expected future tax
  consequences of events that have been included in the financial statements or
  tax returns. Under this method, deferred tax liabilities and assets are determined
  based on the difference between the financial statement and tax bases of assets
  and liabilities using enacted tax rates in effect for the year in which the
  differences are expected to reverse.

Stock-based Compensation

The Company accounts for stock-based compensation arrangements
  in accordance with SFAS No. 123, Accounting for Stock-Based Compensation,
  which permits entities to recognize as expense, over the vesting period, the
  fair value of all stock-based awards on the date of grant. Alternatively, SFAS
  No. 123 allows entities to continue to apply the provisions of Accounting Principle
  Board (“APB”) Opinion No. 25 and provide pro forma net earnings (loss)
  disclosures for employee stock option grants as if the fair value-based method
  defined in SFAS No. 123 had been applied. The Company has elected to continue
  to apply the provisions of APB Opinion No. 25 and provide the pro forma disclosure
  provisions of SFAS No. 123. The Company did not report pro forma disclosures
  in the accompanying financial statements as the Company did not grant any employee
  stock awards as of July 31, 2005.

Foreign Currency Translation

The accounts of the Company’s foreign operations have been
  translated into United States dollars. Assets and liabilities of those operations
  are translated in U.S. dollars using exchange rates as of the balance sheet
  date; income and expenses are translated using the average exchange rates for
  the reporting period. Translation adjustments are deferred in accumulated other
  comprehensive income (loss), a separate component of shareholders’ equity.

Fiscal Year-end

The Company has adopted July 31, as its fiscal year-end.

F-8

INVISION CAPITAL, INC. 

  (An Exploration Stage Company)

  Notes to Financial Statements

(2) Related Party Transactions

An officer contributed office space to the Company for all periods
  presented. The office space was valued at $100 per month based on the market
  rate in the local area and is included in the accompanying financial statements
  as contributed rent expense with a corresponding credit to additional paid-in
  capital.

An officer contributed administrative services to the Company
  from January 24, 2003 (inception) through July 31, 2005. The time and effort
  was recorded in the accompanying financial statements based on the prevailing
  rates for such services, which equaled $50 per hour based on the level of services
  performed. The services are reported as contributed administrative services
  with a corresponding credit to additional paid-in capital.

During July 2005, the president advanced the Company CDN$4,000
  (US$3,225) for working capital. The loan does not carry an interest rate and
  is due on demand. The balance owed the officer is included in the accompanying
  financial statements as “Indebtedness to related party”.

In January 2003, the Company sold 4,000,000 shares of its restricted
  common stock to an officer for $4,000 ($.001/share).

(3) Option on Unproven Mineral Interests

On July 7, 2003, the Company entered into an Option to Purchase
  and Royalty Agreement to acquire an unproven mineral claim located in the Thunder
  Bay Mining Division, Ontario, Canada. Under the terms of the Option Agreement,
  the Company is required to:

A. Make cash payments and exploration
  expenditures as follows:

	 	  	 	Cash 	 	 	  	 	 	Exploration 	 	 	  	 	 	  	 
	 	  	 	Payments 	 	 	 
    	 	 	Expenditures 	 	 	 
    	 	 	Due Date 	 
	 	CDN 	$	 10,000.00 	 	 	CDN 	 	$	 - 	 	 	  	 	 	Closing of Option Agreement
    	 
	 	CDN 	$	 - 	 	 	CDN 	 	$	 35,000.00 	 	 	*  	 	 	June 30, 2004 	 
	 	CDN 	$	 - 	 	 	CDN 	 	$	 75,000.00 	 	 	** 	 	 	June 30, 2005 	 
	 	CDN 	$	 - 	 	 	CDN 	 	$	 100,000.00 	 	 	** 	 	 	June 30, 2006 	 
	 	CDN 	$	 50,000.00 	 	 	CDN 	 	$	 - 	 	 	** 	 	 	January 1, 2007 	 

	* 	
      During June 2004, the optionor reduced the amount of exploration
        costs to be incurred through June 30, 2004 from CDN$35,000 to CDN$25,370.
        The Company paid CDN$25,370 (US$18,787) in accordance with the revised
        terms of the agreement.

	 	 
	** 	
      During June 2005, the optionor extended the June 30, 2005
        deadline for completion of the exploration program to June 30, 2006 and
        extended all subsequent dates under the agreement by a period of one year.

	 	 
		
      B. Make advance royalty payments of CDN$50,000 per year,
        commencing January 1, 2008, until termination of the Agreement.

F-9

INVISION CAPITAL, INC. 

  (An Exploration Stage Company)

  Notes to Financial Statements

C. Issue 250,000 shares of its common stock to the optionor upon
  commencement of commercial production.

In addition to the above terms, the optionor will retain a four
  percent net smelter royalty in the mineral claims.

(4) Shareholders’ Equity

During March 2003, the Company offered for sale 6,000,000 shares
  at of its $.001 par value common stock at a price of $.001 per share. The Company
  closed the offering after selling all 6,000,000 shares for gross proceeds of
  $6,000.

During May and June 2003, the Company offered for sale 600,000
  shares at of its $.001 par value common stock at a price of $.15 per share.
  The Company closed the offering after selling 398,400 shares for gross proceeds
  of $59,761. However, the settlement of 660 of the shares sold (and the related
  $100 in proceeds) was not closed until October 2003.

Each offering was made in reliance on an exemption from registration
  of a trade in the United States under Rule 903 of Regulation S of the United
  States Securities Act of 1933, as amended.

(5) Income Taxes

A reconciliation of the U.S. statutory federal income tax rate
  to the effective tax rate is as follows:

	 	  	July 31, 
	 	  	2005 	2004 
	 	U.S. statutory federal rate 	15.00% 	15.00% 
	 	Contributed rent and services 	-1.71% 	-0.48% 
	 	Net operating loss for which no tax 	  	  
	 	  benefit is currently available 	-13.29%
    	-14.52%
    
	 	  	0.00% 	0.00% 

At July 31, 2005, deferred tax assets consisted of a net tax
  asset of $11,060, due to operating loss carryforwards of $73,731, which was
  fully allowed for, in the valuation allowance of $11,060. The valuation allowance
  offsets the net deferred tax asset for which there is no assurance of recovery.
  The changes in the valuation allowance for the years ended July 31, 2005 and
  2004 totaled $1,571 and $6,348, respectively. The current tax benefit also totaled
  $1,571 and $6,348 for the years ended July 31, 2005 and 2004, respectively.
  The net operating loss carryforward expires through the year 2025.

The valuation allowance will be evaluated at the end of each
  year, considering positive and negative evidence about whether the deferred
  tax asset will be realized. At that time, the allowance will either be increased
  or reduced; reduction could result in the complete elimination of the allowance
  if positive evidence indicates that the value of the deferred tax assets is
  no longer impaired and the allowance is no longer required.

Should the Company undergo an ownership change as defined in
  Section 382 of the Internal Revenue Code, the Company’s tax net operating
  loss carryforwards generated prior to the ownership change will be subject to
  an annual limitation, which could reduce or defer the utilization of these losses.

F-10

	SCHEDULE "C" 
	 
	to that Share Purchase Agreement 
	dated for reference as of the 5th day of April, 2006 
	 
	PURCHASER UNAUDITED FINANCIAL STATEMENTS 

	 INVISION CAPITAL INC. 
	 (An Exploration Stage Company) 
	 

	
	 

	
	 FINANCIAL STATEMENTS 
	 

	
	 

	
	 

	
	 JANUARY 31, 2006 
	 (Unaudited) 
	 (Stated in U.S. Dollars) 

	INVISION CAPITAL INC. 
	(An Exploration Stage Company) 
	  
	BALANCE SHEET 
	(Unaudited) 
	(Stated in U.S. Dollars) 

	  	 	January 31, 	 
	  	 	2006 	 
	  	 	  	 
	ASSETS 	 	  	 
	  	 	  	 
	Current 	 	  	 
	       Cash 	$	 297 	 
	  	 	  	 
	LIABILITIES 	 	  	 
	  	 	  	 
	Current 	 	  	 
	       Accounts payable and accrued liabilities
    	$	 2,894 	 
	       Indebtedness to
      related party (Note 2) 	 	6,225 	 
	  	 	9,119
    	 
	  	 	  	 
	STOCKHOLDERS’ DEFICIENCY 	 	  	 
	  	 	  	 
	       Common stock, $0.001 par value,
      200,000,000 shares 	 	  	 
	          
      authorized, 10,398,400 shares issued and outstanding 	 	10,399 	 
	       Additional paid-in capital 	 	63,611 	 
	       Accumulated deficit
    	 	(83,104	) 
	       Cumulative translation adjustment
    	 	272 	 
	  	 	(8,822	) 
	  	 	  	 
	  	$	 297 	 

The accompanying notes are an integral part of these financial
  statements. 

	INVISION CAPITAL INC. 
	(An Exploration Stage Company) 
	  
	STATEMENTS OF OPERATIONS 
	(Unaudited) 
	(Stated in U.S. Dollars) 

	  	 	  	 	 	  	 	 	  	 	 	  	 	 	January 24, 	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	2003 	 
	  	 	Three Months Ended 	 	 	Six Months Ended 	 	 	(Inception) to 	 
	  	 	January 31, 	 	 	January 31, 	 	 	January 31, 	 
	  	 	2006 	 	 	2005 	 	 	2006 	 	 	2005 	 	 	2006 	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Expenses 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	       Contributed rent
      (Note 2) 	$	 300 	 	$	 300 	 	$	 600 	 	$	 600 	 	$	 3,600 	 
	       Contributed administrative 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	         Support (Note
      2) 	 	50 	 	 	50 	 	 	100 	 	 	50 	 	 	550 	 
	       Unproven mineral interest 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	         acquisition
      costs 	 	- 	 	 	- 	 	 	- 	 	 	- 	 	 	7,420 	 
	       Unproven mineral interest 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	         exploration
      costs 	 	- 	 	 	- 	 	 	- 	 	 	- 	 	 	18,787 	 
	       Professional fees 	 	2,090 	 	 	1,105 	 	 	3,388 	 	 	2,625 	 	 	35,970 	 
	       Office 	 	95 	 	 	252 	 	 	599 	 	 	1,370 	 	 	13,565 	 
	       Other 	 	1,103
    	 	 	329 	 	 	1,136
    	 	 	364 	 	 	3,212
    	 
	   Total Expenses 	 	3,638 	 	 	2,036 	 	 	5,823 	 	 	5,009 	 	 	83,104 	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Loss from Operations 	 	(3,638	) 	 	(2,036	) 	 	(5,823	) 	 	(5,009	) 	 	(83,104	) 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	       Income tax provision
    	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	         (Note 4) 	 	- 	 	 	- 	 	 	- 	 	 	- 	 	 	- 	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Net Loss 	$	 (3,638	) 	$	 (2,036	) 	$	 (5,823	) 	$	 (5,009	) 	$	 (83,104	) 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Basic and Diluted Loss per 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Share 	$	 (0.00	) 	$	 (0.00	) 	$	 (0.00	) 	$	 (0.00	) 	 	  	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	Weighted Average Shares 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	   Outstanding 	 	10,398,400 	 	 	10,398,400 	 	 	10,398,400 	 	 	10,398,400 	 	 	  	 

The accompanying notes are an integral part of these financial
  statements. 

	INVISION CAPITAL INC. 
	(An Exploration Stage Company) 
	  
	STATEMENTS OF CASH FLOWS 
	(Unaudited) 
	(Stated in U.S. Dollars) 

	  	 	  	 	 	  	 	 	January 24, 	 
	  	 	  	 	 	  	 	 	2003 	 
	  	 	Six Months Ended 	 	 	(Inception) to 	 
	  	 	January 31, 	 	 	January 31, 	 
	  	 	2006 	 	 	2005 	 	 	2006 	 
	  	 	  	 	 	  	 	 	  	 
	Operating Activities: 	 	  	 	 	  	 	 	  	 
	     Net loss 	$	 (5,823	) 	$	 (5,009	) 	$	 (83,104	) 
	  	 	  	 	 	  	 	 	  	 
	     Adjustments to reconcile
      net loss to cash: 	 	  	 	 	  	 	 	  	 
	               Donated
      services and expenses 	 	700 	 	 	650 	 	 	4,150 	 
	  	 	  	 	 	  	 	 	  	 
	     Change in operating assets and liabilities:
    	 	  	 	 	  	 	 	  	 
	             
       Change in accounts payable and accrued liabilities 	 	(106	) 	 	(2,700	) 	 	2,894 	 
	Net Cash Provided by Operating Activities 	 	(5,229	) 	 	(7,059	) 	 	(76,060	) 
	  	 	  	 	 	  	 	 	  	 
	Financing Activities: 	 	  	 	 	  	 	 	  	 
	     Capital contribution by
      an officer (Note 2) 	 	- 	 	 	- 	 	 	99 	 
	     Proceeds from officer loan (Note 2) 	 	3,000 	 	 	- 	 	 	6,225 	 
	     Proceeds from the sale
      of common stock 	 	- 	 	 	- 	 	 	69,761 	 
	Net Cash Provided by Financing Activities 	 	3,000
    	 	 	- 	 	 	76,085
    	 
	  	 	  	 	 	  	 	 	  	 
	Effect of Exchange Rate Changes on Cash 	 	58 	 	 	149 	 	 	272 	 
	  	 	  	 	 	  	 	 	  	 
	Increase (Decrease) in Cash 	 	(2,171	) 	 	(6,910	) 	 	297 	 
	  	 	  	 	 	  	 	 	  	 
	Cash, Beginning of Period 	 	2,468
    	 	 	10,672
    	 	 	- 	 
	  	 	  	 	 	  	 	 	  	 
	Cash, End of Period 	$	 297 	 	$	 3,762 	 	$	 297 	 
	  	 	  	 	 	  	 	 	  	 
	  	 	  	 	 	  	 	 	  	 
	Supplemental Disclosure of Cash Flow Information:
    	 	  	 	 	  	 	 	  	 
	     Cash paid during the period for: 	 	  	 	 	  	 	 	  	 
	             
       Income taxes 	$	 - 	 	$	 - 	 	$	 - 	 
	               Interest
    	$	 - 	 	$	 - 	 	$	 - 	 

The accompanying notes are an integral part of these financial
  statements. 

	 INVISION CAPITAL INC. 
	 (An Exploration Stage Company) 
	 

	
	 NOTES TO FINANCIAL STATEMENTS 
	 (Unaudited) 
	 (Stated in U.S. Dollars) 

	 1. 	
BASIS OF PRESENTATION

	

 The financial statements presented herein have been prepared
  by Invision Capital Inc. (the “Company”) in accordance with the accounting
  policies in its audited financial statements for the year ended July 31, 2005
  as filed in its Form 10-KSB and should be read in conjunction with the notes
  thereto. The Company is in the exploration stage in accordance with Industry
  Guide 7. On July 7, 2003, the Company entered into an Option to Purchase and
  Royalty Agreement to acquire an unproven mineral claim located in the Thunder
  Bay Mining Division, Ontario, Canada (see Note 3). 

 In the opinion of management, all adjustments (consisting
  only of normal recurring adjustments) which are necessary to provide a fair
  presentation of operating results for the interim period presented have been
  made. The results of operations for the periods presented are not necessarily
  indicative of the results to be expected for the year. 

 Interim financial data presented herein are unaudited. 

 The Company’s functional currency is the Canadian dollar;
  however, the accompanying financial statements and footnotes refer to United
  States (“U.S.”) dollars unless Canadian dollars are specifically designated
  with “CDN”. 

	 2. 	
RELATED PARTY TRANSACTIONS

	

 An officer contributed office space to the Company for all
  periods presented. The office space was valued at $100 per month based on
  the market rate in the local area and is included in the accompanying financial
  statements as contributed rent expense with a corresponding credit to additional
  paid-in capital.

 Officers have contributed administrative services to the Company
  since inception. The time and effort has been recorded in the accompanying financial
  statements based on the prevailing rates for such services, which equals $50
  per hour based on the level of services performed. The services are reported
  as contributed administrative services with a corresponding credit to additional
  paid-in capital.

 During July and November 2005, the president advanced the
  Company CDN$4,000 (US$3,225) and $3,000 for working capital. The
  loan does not carry an interest rate and is due on demand. The balance owed
  the officer is included in the accompanying financial statements as indebtedness
  to related party”. 

 In January 2003, the Company sold 4,000,000 shares of its
  restricted common stock to an officer for $4,000 ($.001/share). 

	INVISION CAPITAL INC. 
	(An Exploration Stage Company) 
	  
	NOTES TO FINANCIAL STATEMENTS 
	(Unaudited) 
	(Stated in U.S. Dollars) 

	3. 	
      OPTION ON UNPROVEN MINERAL INTERESTS

On July 7, 2003, the Company entered
  into an Option to Purchase and Royalty Agreement (the “Agreement”)
  to acquire an unproven mineral claim located in the Thunder Bay Mining Division,
  Ontario, Canada. Under the terms of the Agreement, the Company is required to:

1. Make cash payments and exploration
  expenditures as follows: 

	 	Cash Payments
    	 	 	Exploration Expenditures 	 	 	  	 	 	  	 	 	Due Date 	 	 	  	 
	 	  	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 	 	  	 
	 	CDN 	$	 10,000 	 	 	CDN 	 	$	 - 	 	 	  	 	 	CDN 	 	$	         Closing
      of Agreement 	 
	 	CDN 	$	 - 	 	 	CDN 	 	$	 35,000 	 	 	 	 	 	* CDN 	 	$	        
      June 30, 2004 
	 	CDN 	$	 - 	 	 	CDN 	 	$	 75,000 	 	 	 	 	 	** CDN 	 	$	        
      June 30, 2006 
	 	CDN 	$	 - 	 	 	CDN 	 	$	 100,000 	 	 	 	 	 	** CDN 	 	$	        
      June 30, 2007 
	 	CDN 	$	 50,000 	 	 	CDN 	 	$	 - 	 	 	 	 	 	** CDN 	 	$	        
      January 1, 2008 

	 	* 	
      During June 2004, the optionor reduced the amount of exploration
        costs to be incurred through June 30, 2004 from CDN$35,000 to CDN$25,370.
        The Company paid CDN$25,370 (US$18,787) in accordance with the revised
        terms of the Agreement.

	 	 	 
	 	** 	
      During June 2005, the optionor extended the remaining deadlines
        for completion of the exploration program by a period of one year.

	 	2. 	
      Make advance royalty payments of CDN$50,000 per year, commencing
        January 1, 2008, until termination of the Agreement.

	 	 	 
	 	3. 	
      Issue 250,000 shares of its common stock to the optionor
        upon commencement of commercial production.

In addition to the above terms, the optionor
  will retain a four percent net smelter royalty in the mineral claims. 

	4. 	
      INCOME TAXES

The Company records its income taxes
  in accordance with SFAS No. 109, “Accounting for Income Taxes”. The
  Company incurred net operating losses during the periods shown on the financial
  statements resulting in a deferred tax asset, which was fully allowed for; therefore,
  the net benefit and expense result in $-0- income taxes. 

SCHEDULE "D” 

to that Share Purchase Agreement

  dated for reference as of the 5th day of April, 2006 

EMPLOYMENT, SERVICE, CONSULTING & PENSION AGREEMENTS OF
  THE 

  COMPANY 

	 	1. 	
      Management Contract with Rainer Rotthaeuser.

	 	 	 
	 	2. 	
      Management Contract with Guenter Thiemann.

	 	 	 
	 	3. 	
      enclosure to Management Contract.

	 	 	 
	 	4. 	
      Consulting Agreement with Magdalena Rotthaeuser.

	 	 	 
	 	5. 	
      Consulting Agreement with Wolfgang D. Chittka.

	 	 	 
	 	6. 	
      Consulting Agreement with ETC – Environmental Technology
        Project Development and Consulting GmbH.

	 	 	 
	 	7. 	
      Freelance Agreement with Gerhard Grotendorst.

	 	 	 
	 	8. 	
      Employment Agreement with Manfred Bernardi.

	 	 	 
	 	9. 	
      Employment Agreement with Josef Grotendorst.

	 	 	 
	 	10. 	
      Employment Agreement with Marco Grotendorst.

	 	 	 
	 	11. 	
      Employment Agreement with Monika Schildmann.

SCHEDULE "E" 

to that Share Purchase Agreement 

  dated for reference as of the 5th day of April, 2006 

REAL PROPERTY & LEASES OF THE COMPANY 

	 	1. 	
      Lease Agreement between Magdalena Rotthaeuser and the Company
        with respect to the premises located at Goethestr. 61, 45721 Haltern am
        See, extending for an indefinite period, with monthly rent payable at
        a rate of €600 per month, plus VAT.

	 	 	 
	 	2. 	
      Lease Agreement between Magdalena Rotthaeuser and the Company
        with respect to the premises located at Halterner Str. 8, 46284 Dorstern,
        extending for an indefinite period, with monthly rent payable at a rate
        of €491.15 per month.

	SCHEDULE "F" 
	 
	to that Share Purchase Agreement 
	dated for reference as of the 5th day of April, 2006 
	 
	ENCUMBRANCES ON THE COMPANY'S ASSETS 
	 
	None. 

	SCHEDULE "G" 
	 
	to that Share Purchase Agreement 
	dated for reference as of the 5th day of April, 2006 
	 
	COMPANY LITIGATION 
	 
	None. 

	SCHEDULE "H" 
	 
	to that Share Purchase Agreement 
	dated for reference as of the 5th day of April, 2006 
	 
	PURCHASER LITIGATION 
	 
	None. 

	SCHEDULE "I" 
	 
	to that Share Purchase Agreement 
	dated for reference as of the 5th day of April, 2006 
	 
	PATENTS AND TRADEMARKS OF THE COMPANY 

	    PATENT/TRADEMARK 	DATE OF PATENT 	    PATENT NAME 
	   
      NUMBER 	APPLICATION 	  
	 PCT Application No. 

      No. PCT/EP2005/004581 
 
 

      
 
	April 28, 2005 
 
 
	Procedure
      and Sampling Device for the Winning of a Sample Medium containing Water
      and/or Oil and/or Gas and/or Solid Material from a Drill Hole. 

	PCT Application No. 

      No. PCT/EP2005/008116 
	July 26, 2005 
 
	Material for Sealing in Well Sinking and for Backfilling
      of Underground Cavities, especially Deep Bore Holes. 

	PCT
      Application No. 

      No. PCT/EP2006/001096 	February 8, 2005 
	Tube Well. 

	PCT
      Application No. 

      No. PCT/EP2003/07714 

      - European Application Reference Number 03 817 507.1 

      - German Application Reference Number 103 94 249.1 

      - US Application Reference Number <unknown>	July
      16, 2003 	Wells and Procedures for the Regeneration of a Well. 
	German Trademark 

      Application No. 305 68 335.1 	 	“EDI” Trademark. 
	German Trademark 

      Application No. 305 68 357.8 	 	EDI Logo. 
	German Trademark 

      Application No. 305 68 358.6 	 	“EDIPOWER” Trademark. 

	SCHEDULE "J" 
	 
	to that Share Purchase Agreement 
	dated for reference as of the 5th day of April, 2006 
	 
	AGREEMENT AND DEED OF TRANSFER 

AGREEMENT AND DEED OF TRANSFER 

THIS AGREEMENT AND DEED OF TRANSFER is dated for reference
  as of the ___ day of ___________, 2006. 

BETWEEN: 

EDI EXPLORATION DRILLING INTERNATIONAL
  HOLDING GmbH, a company duly formed under the laws of Germany, with
  its principal office at Goethestrasse 61, D-45721 Haltern Am See, Germany 

(hereinafter called the "Transferor")

OF THE FIRST PART 

AND: 

INVISION CAPITAL, INC.,
  a corporation duly formed under the laws of Nevada with its principal office
  at #205 - 1480 Gulf Road, Point Roberts, WA 98281 

(hereinafter called the "Transferee")

OF THE SECOND PART 

THIS DOCUMENT WITNESSES THAT for value received, the receipt
  and sufficiency of which is hereby acknowledged, the Transferor DOES HEREBY
  assign to the Transferee all of the Transferor’s shares, rights and interests
  in EDI Exploration Drilling International GmbH, a limited liability company
  duly formed under the laws of the Federal Republic of Germany, registered in
  the commercial register of the District Court (Amtsgericht) Gelsonkirchen under
  commercial registration No. HRB 8068, being a 100% ownership interest, free
  and clear of all liens, charges and encumbrances, and Transferee DOES HEREBY
  accept such assignment. 

	1. 	
      The Transferor hereby represents to the Transferee that
        the Transferor has all necessary authority to execute this Agreement and
        Deed of Transfer.

	 	 
	2. 	
      The Transferee hereby represents to the Transferor that
        the Transferee has all necessary authority to execute this Agreement and
        Deed of Transfer.

	 	 
	3. 	
      The Transferee and the Transferor agree to enter into any
        other documents and take such further actions as shall be necessary to
        give effect to this Agreement and Deed of Transfer.

	 	 
	4. 	
      Notwithstanding execution of this document and the transfer
        of the ownership of EDI Exploration Drilling International GmbH, the representations
        of the Transferee and the Transferor made in the agreement among the Transferee,
        the Transferor, EDI Exploration Drilling International GmbH, and Frank
        Rigney dated for reference as of the 5th day of April, 2006,
        shall survive this transfer of interest and remain in force and effect.

	 	 
	5. 	
      This Agreement may be executed in one or more counter-parts,
        each of which so executed shall constitute an original and all of which
        together shall constitute one and the same agreement.

IN WITNESS WHEREOF the parties hereto have executed this
  Agreement as of the day and year first above written. 

EDI EXPLORATION DRILLING INTERNATIONAL INVISION CAPITAL, INC.
  

  HOLDING GmbH 

	Per: ________________________________	Per: ________________________________
	         Guenter Thiemann,
      Managing Director 	         John Boschert,
      President and Director 
	            	           
    
	  	  
	         ________________________________               	                   
	         Rainer
      Rotthaeuser, Managing DirectorEXHIBIT 10.1

             CHANGE IN CONTROL SEVERANCE AGREEMENT

     THIS CHANGE IN CONTROL SEVERANCE AGREEMENT is dated this
21st day of April 2006, among Peoples Community Bancorp, Inc., a
Delaware corporation (the "Corporation"), Peoples Community Bank,
a Federally chartered savings bank and wholly owned subsidiary of
the Corporation (the "Bank"), and Rick W. Wade (the "Executive").
The Corporation and the Bank are collectively referred to as the
"Employers."

                           WITNESSETH

     WHEREAS, the Executive is presently an officer of each of
the Employers;

     WHEREAS, the Employers desire to be ensured of the
Executive's continued active participation in the business of the
Employers; and

     WHEREAS, in order to induce the Executive to remain in the
employ of the Employers and in consideration of the Executive's
agreeing to remain in the employ of the Employers, the parties
desire to specify the severance benefits which shall be due the
Executive in the event that his employment with the Employers is
terminated under specified circumstances;

     NOW THEREFORE, in consideration of the mutual agreements
herein contained, and upon the other terms and conditions
hereinafter provided, the parties hereby agree as follows:

     1.   Definitions.  The following words and terms shall have
the meanings set forth below for the purposes of this Agreement:

     (a)  Annual Compensation.  The Executive's "Annual
Compensation" for purposes of this Agreement shall be deemed to
mean the average level of compensation paid to the Executive by
the Employers or any subsidiary thereof during the most recent
five taxable years preceding the Date of Termination (or such
shorter period as the Executive was employed), and which was
included in the Executive's gross income for tax purposes,
including but not limited to the Executive's salary, bonuses and
all other amounts taxable to the Executive pursuant to any
employee benefit plans of the Employers.

     (b)  Cause. Termination of the Executive's employment for
"Cause" shall mean termination because of personal dishonesty,
incompetence, willful misconduct, breach of fiduciary duty
involving personal profit, intentional failure to perform stated
duties, willful violation of any law, rule or regulation (other
than traffic violations or similar offenses), final cease-and-
desist order or material breach of any provision of this
Agreement.  For purposes of this paragraph, no act or failure to
act on the Executive's part shall be considered "willful" unless
done, or omitted to be done, by the Executive not in good faith
and without reasonable belief that the Executive's action or
omission was in the best interests of the Employers.

     (c)  Change in Control of the Corporation.  "Change in
Control of the Corporation" shall mean a change in the ownership
of the Corporation, a change in the effective control of the

Corporation or a change in the ownership of a substantial portion
of the assets of the Corporation as provided under Section 409A
of the Code, as amended from time to time, and any IRS guidance,
including Notice 2005-1, and regulations issued in connection
with Section 409A of the Code. In no event, however, shall a
Change in Control be deemed to have occurred as a result of any
acquisition of securities or assets of the Corporation, the Bank,
or a subsidiary of either of them, by the Corporation, the Bank,
or any subsidiary of either of them, or by any employee benefit
plan maintained by any of them.

     (d)  Code.  "Code" shall mean the Internal Revenue Code of
1986, as amended.

     (e)  Date of Termination.  "Date of Termination" shall mean
(i) if the Executive's employment is terminated for Cause, the
date on which the Notice of Termination is given, and (ii) if the
Executive's employment is terminated for any other reason, the
date specified in the Notice of Termination.

     (f)  Disability.  Termination by the Employers of the
Executive's employment based on "Disability" shall be deemed to
have occurred if the Executive: (i) is unable to engage in any
substantial gainful activity by reason of any medically
determinable physical or mental impairment which can be expected
to result in death or can be expected to last for a continuous
period of not less than 12 months, or (ii) is, by reason of any
medically determinable physical or mental impairment which can be
expected to result in death or can be expected to last for a
continuous period of not less than 12 months, receiving income
replacement benefits for a period of not less than three months
under an accident and health plan covering employees of the
Employers.

     (g)  Effective Date.  The Effective Date of this Agreement
shall mean the date first above written.

     (h)  Good Reason.  Termination by the Executive of the
Executive's employment for "Good Reason" shall mean termination
by the Executive following a Change in Control of the Corporation
based on:

          (1)  Without the Executive's express written consent,
               the failure to elect or to re-elect or to appoint
               or to re-appoint the Executive to the office of
               Senior Vice President, Chief Operations Officer of
               the Employers or a material adverse change made by
               the Employers in the Executive's functions, duties
               or responsibilities as Senior Vice President,
               Chief Operations Officer of the Employers;

          (2)  Without the Executive's express written consent, a
               material reduction by the Employers in the
               Executive's base salary as the same may be
               increased from time to time or a material
               reduction in the package of fringe benefits
               provided to the Executive, taken as a whole;

          (3)  Without the Executive's express written consent,
               the Employers require the Executive to work in an
               office which is more than 30 miles from the

                                    2

               location of the Employers' current principal
               executive office, except for required travel on
               business of the Employers to an extent
               substantially consistent with the Executive's
               present business travel obligations;

          (4)  Any purported termination of the
               Executive's employment for Disability or
               Retirement which is not effected pursuant to a
               Notice of Termination satisfying the requirements
               of paragraph (i) below; or

          (5)  The failure by the Employers to obtain
               the assumption of and agreement to perform this
               Agreement by any successor as contemplated in
               Section 6 hereof.

     (i)  IRS.  IRS shall mean the Internal Revenue Service.

     (j)  Notice of Termination.  Any purported termination of
the Executive's employment by the Employers for any reason,
including without limitation for Cause, Disability or Retirement,
or by the Executive for any reason, including without limitation
for Good Reason, shall be communicated by written "Notice of
Termination" to the other party hereto.  For purposes of this
Agreement, a "Notice of Termination" shall mean a dated notice
which (i) indicates the specific termination provision in this
Agreement relied upon, (ii) sets forth in reasonable detail the
facts and circumstances claimed to provide a basis for
termination of the Executive's employment under the provision so
indicated, (iii) specifies a Date of Termination, which shall be
not less than thirty (30) nor more than ninety (90) days after
such Notice of Termination is given, except in the case of the
Employers' termination of the Executive's employment for Cause,
which shall be effective immediately; and (iv) is given in the
manner specified in Section 7 hereof.

     (k)  Retirement.  "Retirement" shall mean voluntary
termination by the Executive in accordance with the Employers'
retirement policies, including early retirement, generally
applicable to the Employers' salaried employees.

     2.   Benefits Upon Termination.   If the Executive's
employment by the Employers shall be terminated subsequent to a
Change in Control of the Corporation by (i) the Employers for
other than Cause, Disability, Retirement or the Executive's death
or (ii) the Executive for Good Reason, then the Employers shall:

     (a)  pay to the Executive a lump sum cash amount within five
business days of the Date of Termination, a cash severance amount
equal to one (1) times the Executive's Annual Compensation; and

     (b)  maintain and provide for a period ending at the earlier
of (i) the expiration of the remaining term of this Agreement as
of the Date of Termination or (ii) the date of the Executive's
full-time employment by another employer (provided that the
Executive is entitled under the terms of such employment to
benefits substantially similar to those described in this
subparagraph (b)), at no cost to the Executive, the Executive's
continued participation in all group insurance, life insurance,
health and accident insurance, disability insurance and other

                              3

employee benefit plans, programs and arrangements offered by the
Employers in which the Executive was entitled to participate
immediately prior to the Date of Termination (excluding (y) stock
option and restricted stock plans of the Employers and (z) cash
incentive compensation included in Annual Compensation), provided
that in the event that the Executive's participation in any plan,
program or arrangement as provided in this subparagraph (b) is
barred, or during such period any such plan, program or
arrangement is discontinued or the benefits thereunder are
materially reduced, the Employers shall arrange to provide the
Executive with benefits substantially similar to those which the
Executive was entitled to receive under such plans, programs and
arrangements immediately prior to the Date of Termination; and
provided further, that if the provision of any of the benefits
covered by this Section or Section 3(d) would trigger the 20%
excise tax and interest penalties under Section 409A of the
Internal Revenue Code (the "Code"), then the benefit(s) that
would trigger such tax and interest penalties shall not be
provided (the "Excluded Benefits"), and in lieu of the Excluded
Benefits the Employers shall pay to the Executive, in a lump sum
within 30 days following termination of employment or within 30
days after such determination should it occur after termination
of employment, a cash amount equal to the cost to the Employers
of providing the Excluded Benefits.

     3.   Limitation of Benefits under Certain Circumstances.  If
the payments and benefits pursuant to Section 2 hereof, either
alone or together with other payments and benefits which the
Executive has the right to receive from the Employers, would
constitute a "parachute payment" under Section 280G of the Code,
the payments and benefits payable by the Employers pursuant to
Section 2 hereof shall be reduced, in the manner determined by
the Executive, by the amount, if any, which is the minimum
necessary to result in no portion of the payments and benefits
under Section 2 being non-deductible to either of the Employers
pursuant to Section 280G of the Code and subject to the excise
tax imposed under Section 4999 of the Code.  The determination of
any reduction in the payments and benefits to be made pursuant to
Section 2 shall be based upon the opinion of independent tax
counsel selected by the Employers and paid by the Employers.
Such counsel shall be reasonably acceptable to the Employers and
the Executive; shall promptly prepare the foregoing opinion, but
in no event later than thirty (30) days from the Date of
Termination; and may use such actuaries as such counsel deems
necessary or advisable for the purpose. In the event that the
Employers and/or the Executive do not agree with the opinion of
such counsel, (i) the Employers shall pay to the Executive the
maximum amount of payments and benefits pursuant to Section 2, as
selected by the Executive, which such opinion indicates that
there is a high probability do not result in any of such payments
and benefits being non-deductible to the Employers and subject to
the imposition of the excise tax imposed under Section 4999 of
the Code and (ii) the Employers may request, and Executive shall
have the right to demand that the Employers request, a ruling
from the IRS as to whether the disputed payments and benefits
pursuant to Section 2 hereof have such consequences.  Any such
request for a ruling from the IRS shall be promptly prepared and
filed by the Employers, but in no event later than thirty (30)
days from the date of the opinion of counsel referred to above,
and shall be subject to Executive's approval prior to filing,
which shall not be unreasonably withheld.  The Employers and
Executive agree to be bound by any ruling received from the IRS
and to make appropriate payments to each other to reflect any
such rulings, together with interest at the applicable federal
rate provided for in Section 7872(f)(2) of the Code.  Nothing
contained herein shall result in a reduction of any payments or
benefits to which the Executive may be entitled

                              4

upon termination of employment under any circumstances other than
as specified in this Section 3, or a reduction in the payments
and benefits specified in Section 2 below zero.

     4.   Mitigation; Exclusivity of Benefits.

     (a)  The Executive shall not be required to mitigate the
amount of any benefits hereunder by seeking other employment or
otherwise, nor shall the amount of any such benefits be reduced
by any compensation earned by the Executive as a result of
employment by another employer after the Date of Termination or
otherwise.

     (b)  The specific arrangements referred to herein are not
intended to exclude any other benefits which may be available to
the Executive upon a termination of employment with the Employers
pursuant to employee benefit plans of the Employers or otherwise.

     5.   Withholding.  All payments required to be made by the
Employers hereunder to the Executive shall be subject to the
withholding of such amounts, if any, relating to tax and other
payroll deductions as the Employers may reasonably determine
should be withheld pursuant to any applicable law or regulation.

     6.   Assignability.  The Employers may assign this Agreement
and their rights and obligations hereunder in whole, but not in
part, to any corporation, bank, savings association or other
entity with or into which either of the Employers may hereafter
merge or consolidate or to which either of the Employers may
transfer all or substantially all of its respective assets, if in
any such case said corporation, bank or other entity shall by
operation of law or expressly in writing assume all obligations
of the Employers hereunder as fully as if it had been originally
made a party hereto, but may not otherwise assign this Agreement
or their rights and obligations hereunder.  The Executive may not
assign or transfer this Agreement or any rights or obligations
hereunder.

     7.   Notice.  For the purposes of this Agreement, notices
and all other communications provided for in this Agreement shall
be in writing and shall be deemed to have been duly given when
delivered or mailed by certified or registered mail, return
receipt requested, postage prepaid, addressed to the respective
addresses set forth below:

     To the Employers:   Boards of Directors
                         Peoples Community Bancorp, Inc.
                         Peoples Community Bank
                         6100 West Chester Road
                         West Chester, Ohio  45069

     To the Executive:   Rick W. Wade
                         8815 Castleford Lane
                         Cincinnati, Ohio 45242

     8.   Amendment; Waiver.  No provisions of this Agreement may
be modified, waived or discharged unless such waiver,
modification or discharge is agreed to in writing and

                                5

signed by the Executive and such officer or officers as may be
specifically designated by the Boards of Directors of the Employers
to sign on their behalf; however, that if the Employers determine,
after a review of the final regulations issued under Section 409A of
the Code and all applicable IRS guidance, that this Agreement should
be further amended to avoid triggering the tax and interest
penalties imposed by Section 409A of the Code, the Employers may
amend this Agreement to the extent necessary to avoid triggering
the tax and interest penalties imposed by Section.  No waiver by
any party hereto at any time of any breach by any other party
hereto of, or compliance with, any condition or provision of this
Agreement to be performed by such other party shall be deemed a
waiver of similar or dissimilar provisions or conditions at the
same or at any prior or subsequent time.

     9.   Governing Law.  The validity, interpretation,
construction and performance of this Agreement shall be governed
by the laws of the United States where applicable and otherwise
by the substantive laws of the Corporation's state of
jurisdiction.

     10.  Nature of Employment and Obligations.

     (a)  Nothing contained herein shall be deemed to create
other than a terminable at will employment relationship between
the Employers and the Executive, and the Employers may terminate
the Executive's employment at any time, subject to providing any
payments specified herein in accordance with the terms hereof.

     (b)  Nothing contained herein shall create or require the
Employers to create a trust of any kind to fund any benefits
which may be payable hereunder, and to the extent that the
Executive acquires a right to receive benefits from the Employers
hereunder, such right shall be no greater than the right of any
unsecured general creditor of the Employers.

     11.  Term of Agreement.  The term of this Agreement shall
run from the Effective Date through and including March 25, 2007,
and upon approval of the Boards of Directors of the Employers,
shall extend for an additional year on each March 25 thereafter.
Prior to March 25, 2007 and each March 25 thereafter, the Boards
of Directors of the Employers shall consider and review (after
taking into account all relevant factors, including the
Executive's performance) an extension of the term of this
Agreement, and the term shall continue to extend each year if the
Boards of Directors approve such extension unless the Executive
gives written notice to the Employers of the Executive's election
not to extend the term, with such written notice to be given not
less than thirty (30) days prior to any such anniversary date. If
the Boards of Directors of the Employers elect not to extend the
term, they shall give written notice of such decision to the
Executive not less than thirty (30) days prior to any such
anniversary date.  If any party gives timely notice that the term
will not be extended as of any annual anniversary date, then this
Agreement shall terminate at the conclusion of its remaining
term.  References herein to the term of this Agreement shall
refer both to the initial term and successive terms.

     12.  Headings.  The section headings contained in this
Agreement are for reference purposes only and shall not affect in
any way the meaning or interpretation of this Agreement.

                               6

     13.  Validity.  The invalidity or unenforceability of any
provision of this Agreement shall not affect the validity or
enforceability of any other provisions of this Agreement, which
shall remain in full force and effect.

     14.  Counterparts.  This Agreement may be executed in one or
more counterparts, each of which shall be deemed to be an
original but all of which together will constitute one and the
same instrument.

     15.  Regulatory Prohibition.  Notwithstanding any other
provision of this Agreement to the contrary, any payments made to
the Executive pursuant to this Agreement, or otherwise, are
subject to and conditioned upon their compliance with Section
18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k))
and the regulations promulgated thereunder.

     16.  Entire Agreement.  This Agreement embodies the entire
agreement between the Employers and the Executive with respect to
the matters agreed to herein.  All prior agreements between the
Employers and the Executive with respect to the matters agreed to
herein are hereby superseded and shall have no force or effect.

     IN WITNESS WHEREOF, this Agreement has been executed as of
the date first above written.

Attest:                         PEOPLES COMMUNITY BANCORP, INC.

/s/John E. Rathkamp             By: /s/Jerry D. Williams
__________________________          ___________________________________
John E. Rathkamp                    Jerry D. Williams
                                    President and Chief Executive Officer

Attest:                         PEOPLES COMMUNITY BANK

/s/John E. Rathkamp             By: /s/Jerry D. Williams
__________________________          __________________________________
John E. Rathkamp                    Jerry D. Williams
                                    President and Chief Executive Officer

                                EXECUTIVE

                                By: /s/Rick W. Wade
                                    __________________________________
                                    Rick W. Wade

                                     7

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