Document:

Exhibit 10.1

June 22,2001

Blue Heron Venture Fund, Ltd. Nassau, New Providence, The Bahamas

Dear Sir(s):

The undersigned, being the Chairman of CyPost Corporation (me "Company" or
"CyPost"), hereby acknowledge the following resolutions passed at the June
22nd., 2001 board meeting

Be it resolved, that the Company has received written notification (letter
attached) on June 18,2001 from Blue Heron Venture Fund, Ltd. to assign the
current loan in the amount of TWO MILLION EIGHTY FIVE THOUSAND US DOLLARS
($2,085,000) plus the accrued interest of EIGHT PERCENT (8%) as calculated as of
the date of June 18,2001 (calculation attached). As per; the above stated
notification, Blue Heron Venture Fund, Ltd. requests the transfer of the loan
amount plus the accrued interest owed by the Company to its shareholders. In
doing this the Company shall issue new promissory notes to the shareholders of
Blue Heron Venture Fund, Ltd. and cancellation of the existing Promissory Notes
(list attached of outstanding notes)

                                           Loan Amount     Accrued Interest
Bayshore Trading, LTD./, LTD U.S.         $  247,427.70      $ 73,9.58.30
Berkshire Capital Management Co., lnc     $  107,015.20         32,165.98
Joseph A. Fiore                           $  107,015.20         32,165.99
Amanda E. Johnson                         $  107,015.20         32,165.99
James A. Mylock Jr.                       $  107,015.20         32,165.99
John M. Peragine                          $  107,015.20         32,165.99
Monet Management Group. LTD.
To be assigned to Kelly Shane Montalban   $1,302,496.30

                                          $2,085,000.00      $ 234,788.24
                                          -------------------------------

Be it resolved, that the company has received written notification (1etter
attached) on June 18,2001 from Blue Heron Venture Food, Ltd. to distribute the
4,285,000 shares (registered and non-registered) of CyPost to its shareholders
below.

Bayshore Trading, LTD. , L TD. U.S                       457,259 shares
Mr. U.K. Menon                                           914,526 shares
Berkshire Capital Management Co., Inc.                   582,643 shares
-Joseph A. Fiore                                         582,642 shares
Amanda. E. Johnson                                       582,642 shares
James A. Mylock Jr.                                      582,642 shares
John M. Peragine                                         582,642 shares

A facsimile transmission here of signed by the undersigned will be sufficient to
establish the signature of the undersigned  and to constitute  the  concurrence
and consent in writing of the undersigned to the foregoing.

In witness where of  the  undersigned has signed this instrument

/s/ Robert Sendoh
-----------------
Robert Sendoh
Chairman of the Board
CyPost Corporation

<PAGE>Exhibit 10.2

PROMISSORY NOTE

FOR VALUE RECEIVED, CyPost Corporation, ("the Payer") of  900 -1281 West Georgia
Street, Vancouver, British Columbia Canada V6E 3J7, promises to pay to or to the
order of James A. Mylock, Jr., ("the Payee") of 99 Craig Lane, Dover Plains, New
York the sum of ONE HUNDRED SEVEN THOUSAND FIFTEEN UNITED STATES DOLLARS and
TWENTY CENTS ($107,015.20) with eight percent (8%) interest thereon, the sum
total principal and interest being due and payable ON DEMAND BY JAMES A. MYLOCK
JR IN WRITING.

CYPOST CORPORATION ACKNOWLEDES THAT IT'S BOARD OF DIRECTORS BY WAY OF WRITEN
RESOLUTION HAS APPROVED THIS NOTE.

FOR VALUE RECEIVED, the Payer and all endorsers of this Note hereby waive
presentment for payment, notices or formalities to which they might be entitled
and do hereby agree to pay all costs and expenses (including all legal costs)
paid or incurred in collecting the monies owed hereunder after the same shall
become due and 'payable under the laws of the State of New York, United States
of America

Dated at Vancouver, B.C. this 19th day of June 2001.

CyPost Corporation

/s/ Robert Sendoh
-----------------
Robert Sendoh
Chairman of the Board
CyPost Corporation

<PAGE>
PROMISSORY NOTE

FOR INTEREST ACCRUED ON OUTSTANDING DEBT, CyPost Corporation, ("the Payer") of
900-1281 West Georgia Street, Vancouver, British Columbia, Canada V6E 3J7,
promises to pay to or to the order of James A. Mylock, Jr., ("the Payee") of 99
Craig Lane, Dover Plains, New York sum of THIRTY TWO THOUSAND ONE HUNDRED SIXTY
FIVE UNITED STATES DOLLARS and NINETY NINE CENTS ($32,165.99) being due and
payable ON DEMAND BY JAMES A. MYLOCK, JR IN WRITING.

CYPOST CORPORATION ACKNOWLEDGES THAT US BOARD OF DIRECTORS BY WAY OF WRITTEN
RESOLUTION HAS APPROVED THTS NOTE.

FOR VALUE RECEIVED, the Payer and all endorsers of this Note hereby, waive
presentment for payment, notices or formalities to which they might be entitled
and do hereby agree to pay all costs and expenses (including all legal costs)
paid or incurred in collecting the monies owed hereunder after the same shall
become due and payable under the laws of the State of New York, United States of
America.
Dated at Vancouver, B.C. this 19th  day of June  2001.
CyPost Corporation

/s/ Robert Sendoh
-----------------
Robert Sendoh
Chairman of the Board
CyPost Corporation

<PAGE>Exhibit 10.3

PROMISSORY NOTE

FOR VALUE RECEIVED, CyPost Corporation, ("the Payer") of  900 -1281 West Georgia
Street, Vancouver, British Columbia, Canada V6E 3J7, promises to pay to or to
the order of Amanda E. Johnson, ("the Payee") of 407 Haviland Drive, Patterson,
New York the sum of ONE HUNDRED SEVEN THOUSAND FIFTEENUNITED STATES DOLLARS and
TWENTY CENTS ($107,015.20) with eight percent (8%) interest thereon, the sum
total principal and interest being due and payable ON DEMAND BY AMANDA E.
JOHNSON IN WRITING.

CYPOST CORPORATION ACKNOWLEDGES THAT ITS BOARD OF DIRECTORS BY WAY OF WRITEN
RESOLUTION HAS APPROVED THIS NOTE.

FOR VALUE RECEIVED, the Payer and all endorsers of this Note hereby waive
presentment for payment, notices or formalities to which they might be entitled
and do hereby agree to pay all costs and expenses (including all legal costs)
paid or incurred in collecting the monies owed hereunder after the same shall
become due and payable under the laws of the State of New York, United States of
America.
Dated at Vancouver, B.C. this 19th day of June 2001.

CyPost Corporation

/s/ Robert Sendoh
-----------------
Robert Sendoh
Chairman of the Board
CyPost Corporation

<PAGE>
PROMISSORY NOTE

FOR INTEREST ACCRUED ON OUTSTANDING DEBT, CyPost Corporation, ("the Payer") of
900 -1281 West Georgia Street, Vancouver, British Columbia, Canada V6E 3J7,
promises to pay to or to the order of Amanda E. Johnson, ("the Payee") of 407
Haviland Drive, Patterson, New York the sum of THIRTY TWO THOUSAND ONE HUNDRED
SIXTY FIVE UNITED STATES DOLLARS and NINETY NINE CENTS ($32,165.99) being due
and payable ON DEMAND BY AMANDA E. JOHNSON IN WRITING.

CYPOST CORPORATION ACKNOWLEDGES THAT IT'S BOARD OF DIRECTORS BY
WAY OF WRI1TEN RESOLUTION HAS APPROVED THIS NOTE.

FOR VALUE RECEIVED, the Payer and all endorsers of this Note hereby waive
presentment for payment, notices or formalities to which they might be entitled
and do hereby agree to pay all costs and expenses (including all legal costs)
paid or incurred in collecting the monies owed hereunder after the same shall
become due and payable under the laws of the State of New York, United States of
America.
Dated at Vancouver, B.C. this 19th day of  2001.

CyPost Corporation

/s/ Robert Sendoh
-----------------
Robert Sendoh
Chairman of the Board
CyPost Corporation

<PAGE>Exhibit 10.4

PROMISSORY NOTE

FOR VALUE RECEIVED, CyPost Corporation, ("the Payer") of  900 -1281 West Georgia
Street, Vancouver, British Columbia, Canada V6E 3J7, promises to pay to or to
the order of John M. Peragine, ("the Payee") of 54 Madison Road, Scarsdale, New
York the sum of ONE HUNDRED SEVEN THOUSAND FIFTEEN UNITED STATES DOLLARS and
TWENTY CENTS ($107,015.20) with eight percent (8%) interest thereon, the sum
total principal and interest being due and payable ON DEMAND BY JOHN M. PERAGINE
IN WRITING.

CYPOST CORPORATION ACKNOWLEDGES THAT ITS BOARD OF DIRECTORS BYWAY OF WRITTEN
RESOLUTION HAS APPROVED THIS NOTE.

FOR VALUE RECEIVED, the Payer and all endorsers of this Note hereby waive
presentment for payment, notices or formalities to which they might be entitled
-and do hereby agree to pay all costs and expenses (including all legal costs)
paid or incurred in collecting the monies owed hereunder after the same shall
become due and payable under the laws of the State of New York, United States of
America.'
Dated at Vancouver, B.C. this 19th day of  June 2001.

CyPost Corporation

/s/ Robert Sendoh
-----------------
Robert Sendoh
Chairman of the Board
CyPost Corporation

<PAGE>
PROMISSORY NOTE

FOR INTEREST ACCRUED ON OUTSTANDING DEBT, CyPost Corporation,
("the Payer") of 900-1281 West Georgia Street, Vancouver, British Columbia,
Canada V6E 3J7, promises to pay to or to the order of John M. Peragine, ("the
Payee") of 54 Madison Road, Scarsdale, New York the sum of THIRTY TWO THOUSAND
ONE HUNDRED SIXTY FIVE UNITED STATES DOLLARS and NINETY NINE CENTS ($32,165.99)
being due and payable ON DEMAND BY JOHN M. PERAGINE IN WRITING.

CYPOST CORPORATION ACKNOWLEDGES THAT ITS BOARD OF DIRECTORS BY WAY OF WRITTEN
RESOLUTON HAS APPROVED THIS NOTE.

FOR VALUE RECEIVED, the Payer and all endorsers of this Note hereby waive
presentment for payment, notices or formalities to which they might be entitled
and do hereby agree to pay all costs and expenses (including all legal costs)
paid or incurred in collecting the monies owed hereunder after the same shall
become due and payable under the laws of the State of New York, United States of
America.
Dated at Vancouver, B.C. this  19th day of June 2001.

CyPost Corporation

/s/ Robert Sendoh
-----------------
Robert Sendoh
Chairman of the Board
CyPost Corporation

<PAGE>

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