Document:

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     EXECUTION  COPY
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                           LOAN AND SECURITY AGREEMENT
                           ---------------------------

     THIS  LOAN  AGREEMENT (this "Agreement"), made and entered into as of April
15,  2003, by and between NEOGENOMICS, INC., a Florida corporation ("Borrower"),
MVP 3, LP, a Delaware liability company ("MVP"), and NEOGENOMICS, INC., a Nevada
corporation  and  the  parent  of  Borrower  (the  "Guarantor").

                                    RECITALS
                                    --------

A.     MVP  and certain individual guarantors (the "Individual Guarantors") have
obtained  a  loan  (the  "Fifth Third Loan") from Fifth Third pursuant to a Loan
Agreement  of  even  date  herewith  (the  "Fifth  Third  Loan  Agreement")

B.     MVP  desires  to  lend a significant portion of the proceeds of the Fifth
Third  Loan  to  Borrower  to  be  used  by Borrower for general working capital
purposes.

     C.     Borrower  is  a  wholly  owned  subsidiary  of  Guarantor.

D.     Guarantor  will receive a direct benefit from the loans made to Borrower,
inasmuch  as  it  is  the  parent  of  Borrower.

E.     MVP  is willing to make the loans to Borrower described in this Agreement
upon  and  subject  to  the  terms  and  conditions  set  forth  herein.

                                   PROVISIONS
                                   ----------

     NOW,  THEREFORE,  for  and  in  consideration  of  the  agreements  herein
contained,  the  parties  hereby  agree  as  follows:

     l.     INCORPORATION  OF  RECITALS.  The Recitals portion of this Agreement
            ---------------------------
is  hereby  incorporated by this reference as though it were fully set forth and
rewritten  herein,  and  the  affirmative  statements therein contained shall be
deemed  to be representations of Borrower, and Guarantor to MVP which are hereby
ratified  and  confirmed.

2.     LOAN FACILITIES.  MVP hereby agrees to lend to Borrower up to the maximum
       ---------------
sum  of  One  Million Five Hundred Thousand Dollars ($1,500,000.00) (hereinafter
referred  to  as  the  "Loan"),  on  and  subject  to  the  terms and conditions
hereinafter  set  forth.  As  used  in this Agreement, the term "Liabilities" or
"Liability"  shall  mean  the Loan and any and all other indebtedness, advances,
obligations,  covenants,  undertakings and liabilities of Borrower and Guarantor
(including  amendments,  restatements,  modifications,  extensions  and renewals
thereof)  to  MVP  or  any affiliate of MVP under all documents now or hereafter
executed  by  Borrower  and/or Guarantor in favor of (or acquired by) MVP or any
affiliate  of MVP (the "Loan Documents") or however created, direct or indirect,
now existing or hereafter arising, due or to become due, absolute or contingent,
participated  in  whole  or  in part, whether evidenced or created by promissory
notes,  agreements or otherwise, in any manner acquired by or accruing to MVP or
any  affiliate of MVP, whether by agreement, assignment or otherwise, as well as
any  and  all  obligations  of Borrower or Guarantors to MVP or any affiliate of
MVP,  whether  absolute,  contingent  or  otherwise and howsoever and whensoever
(whether  now  or  hereafter)  created,  including,  without  limitation,  (a)
obligations  of  another  or  others guaranteed or endorsed by Borrower, and (b)
whether  or  not  presently  contemplated  by  the  parties  on the date hereof,
including all costs and expenses incurred in the collection of such indebtedness
or  the  loan  referred to herein, taxes levied, insurance and repairs to or for
the  maintenance  of  the  Collateral  hereinafter  described.  As  used in this
Agreement, an "Advance" shall mean a sum advanced by MVP from time to time under
the  Loan,  and  "Advances"  shall  mean  all  such  sums  collectively.

     3.     TERM  OF  LOAN.  The specific provisions of the Loan, including, but
            --------------
not  limited  to,  the  rate  of interest, term, late charge, prepayment rights,
conditions for draws and default rate of interest, are contained in that certain
Note  of  even  date  herewith  from  Borrower  to MVP (the "Note"), in the form
attached  hereto  as  Exhibit A, as the same may be amended, restated, modified,
                      ---------
extended  and/or  replaced  from  time  to  time.

     4.     EVIDENCE  OF INDEBTEDNESS AND SECURITY INTEREST.  The Loan described
            -----------------------------------------------
in  paragraph 2 hereof shall be evidenced by the Note, as described in paragraph
3  hereof,  executed by Borrower in favor of MVP.  The Note shall be secured by:

     (a)     Security  Agreement  executed  by Borrower in favor of MVP dated of
even date herewith, as the same may be amended, modified, restated, replaced and
extended  from  time to time, encumbering all business assets of Borrower, to be
delivered  to  MVP  concurrent  with  this  Agreement;

     (b)     Security  Agreement  executed by Guarantor in favor of MVP dated of
even date herewith, as the same may be amended, modified, restated, replaced and
extended  from time to time, encumbering all business assets of Guarantor, to be
delivered  to  MVP  concurrent  with  this  Agreement;

     (c)     Guaranty  executed  by  the Guarantor in favor of MVP dated of even
date  herewith,  as  the  same  may be amended, modified, restated, replaced and
extended  from  time  to  time,  to  be  delivered  to  MVP concurrent with this
Agreement;

     (d)     Stock  Pledge Agreement executed by Guarantor in favor of MVP dated
of  even date herewith, as the same may be amended, modified, restated, replaced
and  extended  from  time  to  time, to be delivered to MVP concurrent with this
Agreement;  and

     (e)     such  other  and  additional instruments as may now or hereafter be
granted  by  Borrower  or  the  Guarantor  to  MVP.

     To secure the performance of this Agreement, and subject to Permitted Liens
and  the  security  interest  granted  to  Fifth  Third BANK, FLORIDA, a Florida
banking  corporation,  Borrower  hereby  grants  in  favor  of  MVP a continuing
security  interest  in  all  accounts,  equipment,  inventory, goods, equipment,
trademarks  and  tangible  and intangible personal property of Borrower (as such
terms  are  defined  under  the  Uniform Commercial Code enacted in the State of
Florida,  as  amended  from  time  to  time  ("UCC")), regardless of whether the
foregoing is now owned or existing or is owned, acquired or arises hereafter and
the proceeds and products of all of the foregoing including, without limitation,
proceeds  from  all  eminent domain or condemnation awards or insurance covering
the  described property.  Borrower hereby authorizes MVP to file any and all UCC
financing  statements,  amendments, continuations and/or modifications which MVP
deems  necessary  or desirable to create, maintain and/or perfect a valid second
security  interest  created  herein  in  such  property.

     As  used  herein,  the  term  "Collateral"  shall  include  all  documents,
instruments  and property described in (a) through (e) above (sometimes referred
to  as  the  "Loan  Documents"), and all of Borrower's and/or Guarantor's right,
title and interest in any sums, documents or instruments at any time credited by
or  due  from  MVP  or  any  affiliate of MVP to Borrower or Guarantor or in the
possession  of  MVP  or  any  affiliate  of  MVP, including, without limitation,
deposits.  Upon  the  occurrence  of  any  default  by  Borrower,  Borrower  and
Guarantor  hereby  authorize MVP to appropriate and use any of the Collateral or
proceeds  of  the  Collateral referred to in this paragraph 4 in which MVP has a
security interest or of which MVP or any affiliate of MVP has possession and any
of  the  sums,  documents  or  instruments  referred  to in this sentence or the
proceeds  thereof  for  application against the Liabilities.  Borrower shall not
sell,  assign,  transfer or grant a security interest to any other person in, or
otherwise  encumber,  the Collateral and sums covered by this paragraph 4 except
in favor of MVP.  Guarantor shall not sell, assign, transfer or grant a security
interest  to any other person in, or otherwise encumber, the Collateral and sums
covered  by  this  paragraph 4 except in favor of MVP or in favor of Borrower as
collaterally  assigned  to  MVP, or as otherwise permitted under any of the Loan
Documents.  As  used  herein  the  term  "Person"  includes  natural  persons,
corporations  (which  shall  be  deemed  to  include  business  trusts), limited
liability  companies,  associations  and partnerships. As used herein the phrase
"Permitted  Liens"  means the following:  (a) liens for taxes, fees, assessments
or other governmental charges or levies, either not yet due and payable or being
contested in good faith by appropriate proceedings with appropriate reserves for
full  payment  of  the same;  (b) liens (i) upon or in any equipment acquired or
held  by  Borrower  or  Corporate Guarantor to secure the purchase price of such
equipment  or  indebtedness  incurred  solely  for  the purpose of financing the
acquisition  of  such  equipment,  but  not  to  exceed  Fifty  Thousand Dollars
($50,000.00) in the aggregate, or (ii) existing on such equipment at the time of
its  acquisition,  provided  that the lien is confined solely to the property so
acquired  and  improvements  thereon,  and  the  proceeds of such equipment, and
provided,  further,  that  the same has been disclosed to Fifth Third in writing
prior  to  the execution of this Agreement; (c) leases or subleases and licenses
or sublicenses granted to others in the ordinary course of Corporate Guarantor's
business  not interfering in any material respect with the business or financial
condition  of  Corporate  Guarantor  and which do not, in the aggregate, require
payments  by  Corporate  Guarantor  in  excess  of  Fifty  Thousand  Dollars
($50,000.00), and any interest or title of a lessor, licensor or under any lease
or license provided that such leases, subleases, licenses and sublicenses do not
prohibit  the  grant  of the security interest granted hereunder; and  (d) liens
incurred  in  connection  with  the  extension,  renewal  or  refinancing of the
indebtedness  secured  by liens of the type described in clauses (a) through (c)
above, provided that any extension, renewal or replacement lien shall be limited
to  the property encumbered by the existing lien and provided that the principal
amount  of  the  indebtedness  being  extended,  renewed  or refinanced does not
increase.

     5.     FINANCIAL  STATEMENTS,  BOOKS  AND  RECORDS.
            -------------------------------------------

     (a)     Borrower  shall furnish to MVP its opening balance sheet reflecting
the  net worth of Borrower, which shall be certified by Borrower or otherwise in
a manner satisfactory to MVP. Borrower shall also furnish MVP with copies of all
of its federal tax returns (with all schedules) and all reports filed by it with
any  governmental  entity  or  agency  within  ten  (10)  days  of  filing.
Notwithstanding  the  foregoing,  MVP may, at its option, upon the occurrence of
any  default  by  Borrower  or  Guarantor,  require  Borrower to furnish updated
financial  statements  during  the term of the loan on a periodic basis together
with  such  other  financial  information as may from time to time be reasonably
required  by  MVP,  all  in  form  and  detail  reasonably  satisfactory to MVP.

               (b)       As  soon  as  practicable  and  in  any  event  within
forty-five (45) days after the end of each of the first three fiscal quarters of
each  fiscal  year Guarantor shall furnish to MVP, either (i) a copy of a report
on  Form  10-QSB,  or  any  successor form, and any amendments thereto, filed by
Guarantor  with  the  Securities  and  Exchange  Commission  with respect to the
immediately  preceding  fiscal quarter or (ii) an unaudited consolidated balance
sheet  of  Guarantor  as  of  the  close  of  such  fiscal quarter and unaudited
consolidated  statements  of income, stockholders' equity and cash flows for the
fiscal  quarter  then  ended  and  that  portion  of the fiscal year then ended,
including  the  notes  thereto,  all  in  reasonable  detail  setting  forth  in
comparative  form  the  corresponding  figures  for  the corresponding period or
periods  of  (or,  in  the  case  of  the  balance  sheet, as of the end of) the
preceding  fiscal  year and prepared in accordance with GAAP and, if applicable,
containing  disclosure  of  the  effect  on the financial position or results of
operations  of  any  change  in  the  application  of  accounting principles and
practices  during  the period, and certified by a the Chief Executive Officer or
Chief  Financial Officer of Guarantor to present fairly in all material respects
the financial condition of the Parent and Guarantor as of their respective dates
and  the  results  of  operations  of  Guarantor and Borrower for the respective
periods  then  ended,  subject  to  normal  year  end  adjustments.

         (c)    As  soon as practicable and in any event within ninety (90) days
after  the  end of each fiscal year Guarantor shall furnish to MVP, either (i) a
copy  of  a  report  on  Form  10-KSB, or any successor form, and any amendments
thereto,  filed  by  Guarantor  with the Securities and Exchange Commission with
respect to the immediately preceding fiscal year or (ii) an audited consolidated
balance  sheet of the Borrower and Guarantor as of the close of such fiscal year
and  audited  consolidated  statements  of income, stockholders' equity and cash
flows  for  the  fiscal  year  then  ended,  including the notes thereto, all in
reasonable  detail  setting  forth in comparative form the corresponding figures
for  the  preceding  fiscal year and prepared by an independent certified public
accounting  firm  in  accordance  with  GAAP  and,  if  applicable,  containing
disclosure  of  the  effect on the financial position or results of operation of
any  change in the application of accounting principles and practices during the
year.

     (e)     In  addition to the foregoing, Borrower and Guarantor shall make or
cause  to  be made available to MVP or its representative(s) such books, records
and  reports (including, but not limited to, income tax returns) that in any way
may  reasonably  pertain to said party's financial  condition or the loan herein
made  by  MVP  upon  reasonable  request therefor from time to time made by MVP.

     6.     FINANCIAL  COVENANTS.  Beginning  with  the  calendar quarter ending
            --------------------
June  30,  2003,  and continuing with each calendar quarter thereafter until all
Loans  are  paid  in full and there is no credit available to Borrower from MVP,
Borrower's  working  capital  as  a  percentage  of its gross revenues shall not
exceed  forty  percent  (40%),  calculated  as  follows:  Borrower's (a) current
assets  less  current  liabilities  determined  pursuant  to  generally accepted
accounting  principles ("GAAP") divided by (b) Borrower's gross revenues for the
preceding  four  (4) quarters, determined pursuant to GAAP.  This ratio shall be
measured  as  of  the end of each calendar quarter on a rolling four (4) quarter
basis  and  calculation of the same shall be prepared by Guarantor and submitted
to MVP upon the earlier of (y) within forty-five (45) days after the end of each
calendar  quarter  except  the  last  and within ninety (90) days after the last
calendar  quarter  or (z) three (3) business days of the filing of any quarterly
or  annual  reports of either Guarantor or Parent with the Securities & Exchange
CommissionIn  the  event  Borrower fails to comply with any financial covenant,
availability  under  the  Revolving Line of Credit shall be suspended until such
time as Borrower demonstrates it has achieved compliance and has paid a covenant
waiver  fee  in  an  amount established by MVP for any such waiver (which amount
shall  not  exceed  the  amount of the waiver fee that MVP is required to pay to
Fifth  Third).
     .

7.     FEES.   Borrower  shall  also  pay  at Closing all out-of-pocket expenses
       ----
incurred  by MVP in connection with the Loan, including, without limitation, all
fees  due  by  MVP  to  Fifth  Third  and  its  attorney's  and representatives,
attorneys'  fees  and  expenses,  documentary  stamp  taxes  and recording fees;
provided  that  in  no  event  shall  such  fees  exceed Twenty Thousand Dollars
($20,000).  In  addition, at such time as there is additional Availability under
the  Note,  Borrower  shall pay MVP, concurrent with the first Advance under the
Note  from  such  additional Availability, a commitment fee in the amount of the
greater  of  two  percent  (2%) of such additional Availability or Five Thousand
Dollars  ($5,000.00), provided that the total commitment fee payable by Borrower
                      --------
under  the  Note  shall  not  exceed  Fifteen  Thousand  Dollars  ($15,000.00).

     8.     BORROWER'S  REPRESENTATIONS,  WARRANTIES AND UNDERTAKINGS.  Borrower
            ---------------------------------------------------------
hereby  represents,  warrants  and  covenants  to  MVP that all of the following
statements  are  true and correct in all material respects and shall continue to
be  so  until all Liabilities are paid in full and MVP has no obligation to make
further  Advances:

     (a)     Borrower  is  duly organized and validly existing under the laws of
the  State  of  Florida.  Borrower  is  duly  qualified  and is authorized to do
business  in  all  other  states  and  jurisdictions where the character of  its
property  or  the  nature  of  its activities make such qualification necessary;

     (b)     Borrower  has  the  right  and  power  and  is  duly authorized and
empowered to enter into, execute, deliver and perform this Agreement and each of
the  other  Loan  Documents to which it is a party.  The execution, delivery and
performance  of  this Agreement and each of the other Loan Documents to which it
is a party have been duly authorized by all necessary action and do not and will
not,  to the best of Borrower's knowledge, after reasonable inquiry, contravene,
violate,  result  in a breach of or constitute a default under any of Borrower's
governing  documents,  any  applicable  law,  rule,  regulation,  order,  writ,
judgment, injunction, or decree, or any indenture or loan or credit agreement of
Borrower;

     (c)     This Agreement is, and each of the other Loan Documents to which it
is  a  party  when  delivered  under  this Agreement will be, a legal, valid and
binding  obligation  of Borrower enforceable against it in accordance with their
respective  terms,  and  no notice to or consent of any governmental body or any
Person  is  needed  in  connection  with this Agreement or any Advance under the
Loans;

     (d)     To  the  best  of  Borrower's  knowledge, after reasonable inquiry,
Borrower  has,  and  is  in  good  standing  with  respect  to, all governmental
consents,  approvals,  authorizations,  permits,  certificates,  inspections and
franchises  necessary  to  continue to conduct its business as heretofore and/or
proposed  to  be conducted by it and to own stock of and/or lend money to Parent
and/or  Guarantor  as  now  owned  and/or  proposed  to  be  owned  by  it;

     (e)     Borrower  is  not  a  party  or subject to any contract, agreement,
charter  or other  restriction, which materially adversely  affects its business
or  the  lending  of  money to or ownership of stock of Parent and/or Guarantor.
Borrower  is not a party or subject to any contract or agreement which restricts
its  right  or  ability  to  incur  any  indebtedness  which  would prohibit the
execution  of  or  compliance with this Agreement by Borrower.  Borrower has not
agreed  or  consented to cause, nor will Borrower permit in the future (upon the
happening  of a contingency or otherwise) the Collateral to be subject to a lien
that  is  not  permitted  under  this  Agreement;

     (f)     There are no actions, suits, proceedings or investigations pending,
or  to  the knowledge of Borrower, threatened, against or affecting Borrower, or
the  business,  operations,  properties,  prospects,  profits  or  condition  of
Borrower, in any court or before any governmental authority or arbitration board
or  tribunal.  Borrower  is  not  in  default  with  respect to any order, writ,
injunction,  judgment,  decree  or  rule of any court, governmental authority or
arbitration  board  or  tribunal;

     (g)     Neither  the  financial  statements of Borrower, this Agreement nor
any other written statement of Borrower to  MVP, contain any untrue statement of
a  material  fact  or  omit  a  material  fact  necessary to make the statements
contained  therein  or  herein  not misleading.  There is no material fact which
Borrower has failed to disclose to MVP in writing which adversely affects or, so
far  as Borrower can now foresee, will adversely affect the business, prospects,
profits  or  condition  (financial or otherwise) of Borrower or Guarantor or the
ability  of  Borrower  or  Guarantor  to  perform  this  Agreement;

     (h)     To  the  best  of Borrower's knowledge, Borrower and Guarantor have
duly complied with, and their respective property and business operations are in
compliance  in  all  material respects with, and will maintain compliance in all
material  respects  with,  the  provisions of all federal, state and local laws,
rules  and  regulations  applicable  to  Borrower  and/or  Guarantor  and  their
respective  property or the conduct of their respective business, and there have
been  no  citations,  notices  or  orders of noncompliance issued to Borrower or
Guarantor under any such law, rule or regulation, including, without limitation,
any  demand  for  reimbursement,  recoupment and/or setoff from any governmental
entity  or  Private  Third  Party Payor rendering payment to Guarantor.  As used
herein, "Private Third Party Payor" includes any insurance product, self-insured
employer,  or other source of payment for health care services which is not paid
directly  by  a  governmental  entity  under a governmental program covering the
provision  of  health  care  and/or  laboratory  services;

     (i)     Borrower  shall  use  the  loan  proceeds  solely  for the purposes
described  herein  and  as  represented  in  Borrower's  loan  request;

     (j)     Borrower  and/or  Individual  Guarantors  have  and  will  have the
ability  to  appoint  a  majority  of  the  directors  of  Guarantor;

     (k)     Borrower  has  not  employed or engaged any broker, finder or agent
who  may  claim  a  commission  or fee on the loan transaction described in this
Agreement  and  Borrower  hereby agrees to indemnify and hold MVP  harmless from
any  such  claim  or  demand  and  litigation  resulting  therefrom;

     (l)     Borrower shall, from time to time, upon request of MVP, furnish MVP
with  such  information  and  documents  reasonably  necessary  to protect MVP's
interest in the Collateral and to effectuate the terms of this Agreement and the
other  Loan  Documents;

     (m)     No event has occurred and no condition exists which would, upon the
execution  and  delivery  of this Agreement or Borrower's performance hereunder,
constitute  an  event  of  default as hereinafter described.  Borrower is not in
default, and no event has occurred and  no conditions exist which constitute, or
which with the passage of time or the giving of notice or both would constitute,
a default in the payment of any indebtedness of Borrower to any person for money
borrowed  which  could  have  a  material  adverse  effect  on  Borrower;

     (n)     Borrower  has  and  will  maintain good and marketable title in the
items  of  property  described  herein  as Collateral owned by Borrower free and
clear  of any liens, encumbrances or adverse claims, whether legal or equitable,
except  for  Permitted  Liens or as agreed in writing by MVP.  Borrower shall at
all  times  maintain  such  insurance,  to  such  extent and against such risks,
including,  fire,  theft,  workmen's  compensation claims, general liability and
property  damage, as is customary with companies in the same or similar business
or  as  required  by  MVP,  providing  a  schedule  of  same  to  MVP;

     (o)     Borrower  will  not  incur,  create,  assume or permit to exist any
indebtedness  or liability for borrowed money which could constitute a lien upon
or  create a security interest in its assets except (i) in favor of MVP, or (ii)
Permitted  Liens;

     (p)     Borrower  will not directly or indirectly guarantee or otherwise be
responsible  for  payment  or performance of the obligations of any other Person
except  in  favor  of  MVP;

     (q)     Borrower  will  not sell, transfer or otherwise dispose of all or a
substantial  part  of  its assets to any Person;;  will not consolidate or merge
with  any other Person, or acquire all or substantially all of the properties or
assets  of any other Person; will not enter into any arrangement with any Person
whereby  it shall sell or transfer and then lease back any kind of property used
in  its  business,  whether  now  owned  or  hereafter  acquired;;

     (r)     The  financial  statements  and  other  information  supplied  by
Borrower,  and/or  Guarantor for the Loans were in all material respects correct
on  the  date supplied (subject to normal year end audit adjustments), and since
their  dates  no material adverse change in the financial condition of Borrower,
and/or  Guarantor  has  occurred;

     (s)     Borrower  will  not  sell or offer to sell or otherwise transfer or
encumber  all  or  a  part  of  the Collateral owned by Borrower without written
consent  of  MVP,  except if the same is replaced by substitute Collateral of at
least  equal value or as otherwise permitted under this Agreement; Borrower will
keep  the  Collateral  owned  by  Borrower in good order and repair and will not
destroy the Collateral.  MVP, at its option, may discharge taxes, liens or other
encumbrances  placed  on  the Collateral and may pay for the preservation of the
Collateral.  Borrower  agrees  to  reimburse  MVP,  upon  demand,  for  any such
expenditures;

     Each  request for an Advance made by Borrower pursuant to this Agreement or
any  of  the  other  Loan  Documents  shall  constitute:  (i)  an  automatic
representation  and  warranty  by Borrower to MVP that there does not then exist
any  event  of  default; and (ii) a reaffirmation as of the date of said request
that  all  of  the  representations and warranties of Borrower contained in this
Agreement  and  the  other  Loan  Documents are true and correct in all material
respects.  The  representations  and  warranties  of  Borrower contained in this
Agreement  or  any  of  the  other  Loan  Documents shall survive the execution,
delivery  and  acceptance thereof by MVP and the parties thereof and the Closing
of  the  transactions  described  therein  or  related  thereto.

     9.     GUARANTOR'S REPRESENTATIONS, WARRANTIES AND UNDERTAKINGS.  Guarantor
            --------------------------------------------------------
hereby  represents,  warrants  and  covenants  to  MVP that all of the following
statements  are  true and correct in all material respects and shall continue to
be  so  until all Liabilities are paid in full and MVP has no obligation to make
further  Advances:

     (a)     Guarantor  is duly organized and validly existing under the laws of
the  State  of  Nevada.  Guarantor  is  duly  qualified  and is authorized to do
business  in  all  other  states  and  jurisdictions where the character of  its
property  or  the  nature  of  its activities make such qualification necessary;

     (b)     Guarantor  has  the  right  and  power  and  is duly authorized and
empowered to enter into, execute, deliver and perform this Agreement and each of
the  other  Loan  Documents to which it is a party.  The execution, delivery and
performance  of  this Agreement and each of the other Loan Documents to which it
is a party have been duly authorized by all necessary action and do not and will
not, to the best of Guarantor's knowledge, after reasonable inquiry, contravene,
violate,  result in a breach of or constitute a default under any of Guarantor's
governing  documents,  any  applicable  law,  rule,  regulation,  order,  writ,
judgment, injunction, or decree, or any indenture or loan or credit agreement of
Guarantor;

     (c)     This Agreement is, and each of the other Loan Documents to which it
is  a  party  when  delivered  under  this Agreement will be, a legal, valid and
binding  obligation of Guarantor enforceable against it in accordance with their
respective  terms,  and  no notice to or consent of any governmental body or any
Person  is  needed  in  connection  with this Agreement or any Advance under the
Loans;

     (d)     To  the  best  of  Guarantor's knowledge, after reasonable inquiry,
Guarantor  has,  and  is  in  good  standing  with  respect to, all governmental
consents,  approvals,  authorizations,  permits,  certificates,  inspections and
franchises  necessary  to  continue to conduct its business as heretofore and/or
proposed  to  be  conducted  by  it;

     (e)     Guarantor  is  not  a  party or subject to any contract, agreement,
charter or other  restriction, which materially adversely  affects its business.
Guarantor is not a party or subject to any contract or agreement which restricts
its  right  or  ability  to  incur  any  indebtedness  which  would prohibit the
execution  of or compliance with this Agreement by Guarantor.  Guarantor has not
agreed  or consented to cause, nor will Guarantor permit in the future (upon the
happening  of a contingency or otherwise) the Collateral to be subject to a lien
that  is  not  permitted  under  this  Agreement;

     (f)     Except  as set forth in Schedule 9(f) hereto, there are no actions,
suits,  proceedings or investigations pending, or to the knowledge of Guarantor,
threatened,  against  or  affecting  Guarantor,  or  the  business,  operations,
properties, prospects, profits or condition of Guarantor, in any court or before
any  governmental  authority or arbitration board or tribunal.  Guarantor is not
in default with respect to any order, writ, injunction, judgment, decree or rule
of  any  court,  governmental  authority  or  arbitration  board  or  tribunal;

     (g)     Neither  the  financial statements of Guarantor, this Agreement nor
any  other  written statement of Guarantor to  MVP, contain any untrue statement
of  a  material  fact  or  omit a material fact necessary to make the statements
contained  therein  or  herein  not misleading.  There is no material fact which
Guarantor  has  failed to disclose to MVP in writing which adversely affects or,
so  far  as  Guarantor  can  now  foresee,  will  adversely affect the business,
prospects,  profits  or  condition  (financial  or  otherwise)  of  Borrower  or
Guarantor  or  the  ability  of Borrower or Guarantor to perform this Agreement;

     (h)     To  the  best of Guarantor's knowledge, Guarantor has duly complied
with, and its property and business operations are in compliance in all material
respects  with,  and will maintain compliance in all material respects with, the
provisions  of  all  federal,  state  and  local  laws,  rules  and  regulations
applicable  to  Guarantor  and  its  property  or  the  conduct of its business,
including,  without  limitation,  federal,  state  and  local  laws,  rules  and
regulations  relating  or  pertaining  to data protection, confidentiality, safe
working  conditions,  billing  and  collections,  referrals  and  laboratory and
manufacturing  practices,  and the purchase, storage, movement, use and disposal
of  hazardous  or  potentially  hazardous  substances  used  in  connection with
research  work and manufacturing operations (including radioactive compounds and
infectious  disease agents).  There have been no citations, notices or orders of
noncompliance  issued  to  Guarantor  under  any  such  law, rule or regulation,
including,  without  limitation, any demand for reimbursement, recoupment and/or
setoff  from  any  governmental  entity  or  Private Third Party Payor rendering
payment  to Guarantor.  As used herein, "Private Third Party Payor" includes any
insurance  product, self-insured employer, or other source of payment for health
care  services  which  is  not  paid  directly  by a governmental entity under a
governmental  program  covering  the  provision of health care and/or laboratory
services;

     (i)     Guarantor  shall  use  the  loan  proceeds  solely for the purposes
described  herein  and  as  represented  in  Borrower's  loan  request;

     (j)     Borrower  and/or  Individual Guarantors have been and will have the
ability  to  appoint  a  majority  of  the  directors  of  Parent;

     (k)     Guarantor  has  not employed or engaged any broker, finder or agent
who  may  claim  a  commission  or fee on the loan transaction described in this
Agreement  and  Guarantor hereby agrees to indemnify and hold MVP  harmless from
any  such  claim  or  demand  and  litigation  resulting  therefrom;

     (l)     Guarantor  shall,  from  time to time, upon request of MVP, furnish
MVP  with  such  information and documents reasonably necessary to protect MVP's
interest in the Collateral and to effectuate the terms of this Agreement and the
other  Loan  Documents;

     (m)     No event has occurred and no condition exists which would, upon the
execution  and  delivery of this Agreement or Guarantor's performance hereunder,
constitute  an  event  of default as hereinafter described.  Guarantor is not in
default, and no event has occurred and  no conditions exist which constitute, or
which with the passage of time or the giving of notice or both would constitute,
a  default  in  the  payment  of any indebtedness of Guarantor to any person for
money  borrowed  which  could  have  a  material  adverse  effect  on Guarantor;

     (n)     Guarantor  has  and  will maintain good and marketable title in the
items  of  property  described herein as Collateral free and clear of any liens,
encumbrances or adverse claims, whether legal or equitable, except for Permitted
Liens  or  as  agreed  in writing by MVP.  Guarantor shall at all times maintain
such  insurance,  to such extent and against such risks, including, fire, theft,
workmen's  compensation  claims,  general  liability  and property damage, as is
customary with companies in the same or similar business or as required by Bank,
providing  a  schedule  of  same  to  Bank;

     (o)     Guarantor  will  not  incur,  create, assume or permit to exist any
indebtedness  or liability for borrowed money which could constitute a lien upon
or  create  a  security  interest  in  its  assets except (i) in favor of MVP or
Borrower, (ii) Permitted Liens or (iii) for taxes and assessments which may be a
lien  but  are  not  due  and  payable;

     (p)     Guarantor will not directly or indirectly guarantee or otherwise be
responsible  for  payment  or performance of the obligations of any other Person
except  in  favor  of  MVP;

     (q)     Guarantor  will not sell, transfer or otherwise dispose of all or a
substantial  part  of  its assets to any Person;;  will not consolidate or merge
with  any other Person, or acquire all or substantially all of the properties or
assets  of  any other Person unless, with respect to any merger, (i) such Person
is  organized  under the law of the United States or one of its states, (ii) the
Guarantor  is the corporation surviving such merger, and (iii) immediately prior
to and after giving effect to such merger, no Default or Event of Default exists
or  would  exist; will not enter into any arrangement with any Person whereby it
shall  sell  or  transfer  and  then lease back any kind of property used in its
business,  whether  now  owned  or hereafter acquired; and will not, without the
prior  written  consent  of  MVP,;

     (r)     The financial statements and other information supplied by Borrower
and/or Guarantor for the Loans were in all material respects correct on the date
supplied  (subject  to normal year end audit adjustments), and since their dates
no  material  adverse  change  in  the  financial  condition  of Borrower and/or
Guarantor  has  occurred;

     (s)     Guarantor  will  not sell or offer to sell or otherwise transfer or
encumber  all  or  a  part  of the Collateral owned by Guarantor without written
consent  of  MVP or as otherwise permitted by this Agreement, except if the same
is  replaced  by  substitute  Collateral of at least equal value; Guarantor will
keep  the  Collateral  owned  by Guarantor in good order and repair and will not
destroy the Collateral.  MVP, at its option, may discharge taxes, liens or other
encumbrances  placed  on  the Collateral and may pay for the preservation of the
Collateral.  Guarantor  agrees  to  reimburse  MVP,  upon  demand,  for any such
expenditures;

     (t)     Guarantor  has  not  received  notice  from any governmental entity
(including  federal,  state  or  local)  that  Guarantor has received a material
overpayment on receivables, which material overpayment (in excess of any related
provision for the same on that person's financial statements and records)  would
decrease  the  overall  value  of the accounts receivable of the Guarantor by in
excess  of  Twenty-Five  Thousand  Dollars  ($25,000.00);

     (u)     Guarantor  will promptly and immediately notify MVP upon receipt of
any  notice  of overpayment of Twenty-Five Thousand Dollars ($25,000.00) or more
in  excess  of  the  related  provision  on  the  books  of  the affected person
("Extraordinary  Overpayment")  and of any attempt by any governmental entity or
any Private Third Party Payor to recoup such Extraordinary Overpayment.  As used
herein, "Private Third Party Payor" includes any insurance product, self-insured
employer,  or other source of payment for health care services which is not paid
directly  by  a  governmental  entity  under a governmental program covering the
provision  of  health  care  and/or  laboratory  services.

     Each  request for an Advance made by Borrower pursuant to this Agreement or
any  of  the  other  Loan  Documents  shall  constitute:  (i)  an  automatic
representation  and  warranty by Guarantor to MVP that there does not then exist
any  event  of  default; and (ii) a reaffirmation by Guarantor as of the date of
said  request  that  all  of  the  representations  and  warranties of Guarantor
contained in this Agreement and the other Loan Documents are true and correct in
all  material  respects.  The  representations  and  warranties  of  Guarantor
contained in this Agreement or any of the other Loan Documents shall survive the
execution,  delivery  and  acceptance thereof by MVP and the parties thereof and
the  Closing  of  the  transactions  described  therein  or  related  thereto.

     10.     EXISTENCE  AND AUTHORITY; OTHER DOCUMENTS.  At or prior to Closing,
             -----------------------------------------
Borrower  shall  furnish  to  MVP:

     (a)     A  true,  correct  and  complete copy of all governing documents of
Borrower  and  all  amendments  thereto,  certified by the Secretary of State or
other  appropriate  official of its jurisdiction of formation, or by the general
partner  of  Borrower  for  unfiled  documents;

     (b)     A  true,  correct  and  complete copy of all governing documents of
Guarantor  and  all  amendments  thereto, certified by the Secretary of State or
other  appropriate  official  of  its  jurisdiction  of incorporation, or by the
secretary  of  Guarantor  for  unfiled  documents;

     (c)     Certified  copy  of  resolutions  and  incumbency certificates from
Borrower  authorizing  the  execution,  delivery  and  consummation  of  the
transactions  contemplated  by  this  Agreement  and  all  other  documents  or
instruments  to  be  executed  and  delivered  in  conjunction  herewith;

     (d)     Certified  copy  of  resolutions  and  incumbency certificates from
Guarantor  authorizing  the  execution,  delivery  and  consummation  of  the
transactions  contemplated  by  this  Agreement  and  all  other  documents  or
instruments  to  be  executed  and  delivered  in  conjunction  herewith;

     (e)     A certificate issued by the Secretary of State or other appropriate
official  of  Guarantor's  jurisdiction  of incorporation evidencing Guarantor's
authority  to  do  business;  and

     (d)     Such  other  documents,  instruments,  certificates, agreements  or
information as MVP shall request in connection with the matters and transactions
contemplated  by  this  Agreement  and  the  other  Loan  Documents.

     11.     ADDITIONAL  CONDITIONS  TO  CLOSING  AND/OR  ADVANCES.
             -----------------------------------------------------
     (a)     No  Advances  will  be made under the Note if such amount, together
with  all  outstanding  and  unpaid  advances  under  the Note, would exceed the
Borrowing  Base,  as  defined  in  the  Note.

     (b)     Lockbox.  At  Closing,  Borrower shall execute and deliver to Fifth
             -------
Third,  and shall thereafter at all times until the Liabilities are paid in full
and  MVP  has no obligation to make any Advances, maintain an agreement pursuant
to  which  all  accounts  receivable  payable  to  Borrower are deposited into a
lockbox  over  which  Fifth  Third  has  dominion.  Such  agreement  shall  be
irrevocable  as  to  all  accounts  receivable  debtors  other than governmental
                                                         ----- ----
agencies  and/or  payors.

     12.     BORROWER'S  AFFIRMATIVE  AGREEMENTS.  In  addition  to  any  other
             -----------------------------------
covenants  and  agreements  of Borrower hereunder, Borrower agrees that from the
date  hereof  and  until  payment  in full of all Liabilities and termination of
MVP's  obligation  to  make  Advances,  unless  MVP  shall  otherwise consent in
writing,  it shall (a) cause to be done all things reasonably needed to preserve
its  rights  and  franchises and make good faith efforts to comply with all laws
applicable  to  it;  continue  to  conduct  its business substantially as it has
during the present year or as it has represented same to MVP; and, at all times,
maintain such insurance, to such extent and against such risks, including, fire,
theft,  workmen's compensation claims, general liability and property damage, as
is  customary  with  companies  in  the  same  or  similar business, providing a
schedule of same to MVP; (b) promptly pay all of its obligations, and all taxes,
assessments and governmental charges imposed upon it and its business operations
before  they  are  in default, as well as all lawful claims for labor, materials
and  supplies  or  otherwise  which,  if  unpaid,  might  become a lien upon its
properties;  (c)  promptly  notify  MVP  of any default by Borrower or Guarantor
relating  to  any  indebtedness  of  Borrower  or  Guarantor  or  any  material,
contractual  obligation of Borrower or Guarantor; (d) protect, indemnify, defend
and  save  harmless,  MVP, any affiliate of MVP, and their respective directors,
officers,  agents  and employees from and against any and all liability, expense
or damage of any kind or nature and from any suits, claims or demands, including
reasonable  legal  fees and expenses on account of any matter or thing or action
or  failure  to  act  of  MVP  or such affiliate of MVP, whether in suit or not,
arising  out  of this Agreement or any Loan Documents or Security Instrument (as
defined  in  either  of the Notes) or in connection herewith or therewith unless
said  suit,  claim  or  damage  is  caused  by  the  sole  negligence or willful
malfeasance  of MVP or such affiliate of MVP; and (f) at MVP's request, promptly
execute  or  cause  to  be  executed  and  deliver to MVP any and all documents,
instruments,  agreements  and  information  deemed  necessary  by  MVP, in MVP's
reasonable  discretion,  to perfect or to continue the perfection of MVP's liens
created  hereunder,  to facilitate the collection of the Collateral or otherwise
to  give  effect to or carry out the terms or intent of this Agreement or any of
the  other  Loan  Documents.  The indemnification set forth herein shall survive
the  Closing  of  the  transaction and the repayment of all Liabilities incurred
under  the  Loan  Documents.

     13.     GUARANTOR'S  AFFIRMATIVE  AGREEMENTS.  In  addition  to  any  other
             ------------------------------------
covenants  and agreements of Guarantor hereunder, Guarantor agrees that from the
date  hereof  and  until  payment  in full of all Liabilities and termination of
MVP's  obligation  to  make  Advances,  unless  MVP  shall  otherwise consent in
writing,  it shall (a) cause to be done all things reasonably needed to preserve
its  rights  and  franchises and make good faith efforts to comply with all laws
applicable  to  it;  continue  to  conduct  its business substantially as it has
during the present year or as it has represented same to MVP; and, at all times,
maintain such insurance, to such extent and against such risks, including, fire,
theft,  workmen's compensation claims, general liability and property damage, as
is  customary  with  companies  in  the  same  or  similar business, providing a
schedule of same to MVP; (b) promptly pay all of its obligations, and all taxes,
assessments and governmental charges imposed upon it and its business operations
before  they  are  in default, as well as all lawful claims for labor, materials
and  supplies  or  otherwise  which,  if  unpaid,  might  become a lien upon its
properties;  (c)  promptly  notify  MVP  of any default by Borrower or Guarantor
relating  to  any  indebtedness  of  Borrower  or  Guarantor  or  any  material,
contractual  obligation of Borrower or Guarantor; (d) protect, indemnify, defend
and  save  harmless,  MVP, any affiliate of MVP, and their respective directors,
officers,  agents  and employees from and against any and all liability, expense
or damage of any kind or nature and from any suits, claims or demands, including
reasonable  legal fees and expenses on account of any matter  or thing or action
or  failure  to  act  of  MVP  or such affiliate of MVP, whether in suit or not,
arising  out  of this Agreement or any Loan Documents or Security Instrument (as
defined  in  either  of the Notes) or in connection herewith or therewith unless
said  suit,  claim  or  damage  is  caused  by  the  sole  negligence or willful
malfeasance  of MVP or such affiliate of MVP; and (e) at MVP's request, promptly
execute  or  cause  to  be  executed  and  deliver to MVP any and all documents,
instruments,  agreements  and  information  deemed  necessary  by  MVP, in MVP's
reasonable  discretion,  to perfect or to continue the perfection of MVP's liens
created  hereunder,  to facilitate the collection of the Collateral or otherwise
to  give  effect to or carry out the terms or intent of this Agreement or any of
the  other Loan Documents, specifically excluding, however, any patient records.
The  indemnification  set  forth  herein  shall  survive  the  Closing  of  the
transaction  and  the  repayment  of  all  Liabilities  incurred  under the Loan
Documents.

14.     BORROWER'S  NEGATIVE  COVENANTS.  In addition to any other covenants and
        -------------------------------
agreements  of Borrower hereunder, Borrower agrees that from the date hereof and
until  payment in full of all Liabilities and termination of MVP's obligation to
make Advances, unless MVP shall otherwise consent in writing, it shall not:  (a)
incur  or  permit  to  exist any indebtedness or liability for borrowed money in
excess  of  Fifty Thousand Dollars ($50,000.00), except for the Liabilities, the
existing  indebtedness  set  forth  on  Schedule  14(a)  attached  hereto, or as
approved  by  MVP; (b) incur or permit to exist any lien or other encumbrance on
the  Collateral  other  than  in  favor  of  MVP  or as permitted hereunder; (c)
guarantee or otherwise be responsible for obligations of any other Person except
in  favor of MVP or any affiliate of MVP; (d) permit the declaration, or payment
of  any  dividend  in  respect  of,  or its capital stock; (e) to the extent the
following would cause a material adverse effect on Borrower's ability to perform
its  obligations  hereunder, make any substantial change in its present business
or  engage in any activities apart from its present business; dissolve, merge or
consolidate  with  or into any other Person, or otherwise change its identity or
corporate  structure,  ,  or all or a substantial part of its assets (except for
inventory  in  the ordinary course of business) whether now owned or hereinafter
acquired,  change  its  corporate  or  tradename,  or change its chief executive
and/or  operating  offices; and (f) create, incur, assume or suffer to exist any
lease  obligation  in  excess of Fifty Thousand Dollars ($50,000.00), other than
Permitted  Liens  or  lease  obligations  incurred  in  the  ordinary  course of
business, make any investment in, or make any loan or advance to, any Person, or
purchase  or  acquire  obligations  owned  by  others.

15.     GUARANTOR'S  NEGATIVE COVENANTS.  In addition to any other covenants and
        -------------------------------
agreements  of  Guarantor  hereunder, Guarantor agrees that from the date hereof
and until payment in full of all Liabilities and termination of MVP's obligation
to  make  Advances, unless MVP shall otherwise consent in writing, it shall not:
(a) incur or permit to exist any indebtedness or liability for borrowed money in
excess  of Fifty Thousand Dollars ($50,000.00), except for the Liabilities or as
approved  by  MVP; (b) incur or permit to exist any lien or other encumbrance on
the  Collateral  other  than  in  favor  of  MVP  or as permitted hereunder; (c)
guarantee or otherwise be responsible for obligations of any other Person except
in  favor  of  MVP  or  any  affiliate of MVP; (d) permit the declaration of, or
payment of any dividend in respect of,  its capital stock; (e) to the extent the
following would cause a material adverse effect on Borrower's ability to perform
its  obligations  hereunder, make any substantial change in its present business
or  engage in any activities apart from its present business; dissolve, merge or
consolidate  with  or into any other Person, or otherwise change its identity or
corporate  structure,  ,  or all or a substantial part of its assets (except for
inventory  in  the ordinary course of business) whether now owned or hereinafter
acquired,  change  its  corporate  or  tradename,  or change its chief executive
and/or  operating  offices; and (f) create, incur, assume or suffer to exist any
lease  obligation  in  excess of Fifty Thousand Dollars ($50,000.00), other than
Permitted  Liens  or  lease  obligations  incurred  in  the  ordinary  course of
business, make any investment in, or make any loan or advance to, any Person, or
purchase  or  acquire  obligations  owned  by  others.

     16.     EVENTS  OF  DEFAULT.  The  following  are  Events  of  Default:
             -------------------

     (a)     Payment.  Default  in  the payment of any Liability within ten (10)
             -------
days  of  when  due, or default with respect to any indebtedness (other than the
Liabilities)  of  Borrower  when  due or default in the performance of any other
obligation incurred in connection with any indebtedness of Borrower for borrowed
money,  subject  to  any applicable grace or cure periods, if the effect of such
default  is  the  accelerated  maturity  of  such  indebtedness;

     (b)     Breach  of  Representations  or  Warranties.  The  breach of any of
             -------------------------------------------
Borrower's  or  any  Guarantor's  representations,  covenants,  agreements  or
warranties contained in this Agreement (including, without limitation, those set
forth  in  Section  11  of  this  Agreement)  or under the Loan Documents or any
Security  Instrument (as defined in either of the Notes) in any material respect
or  the  same  being  misleading  in  any  material respect or the breach of any
representations  or  warranties  contained  in  any other instrument executed in
favor  of  MVP  or  any  affiliate  of  MVP;

     (c)     Payment  of  Over-Advance.  Refusal  or  failure  to pay amounts in
             -------------------------
excess  of  the  Borrowing  Base ("Over-Advance") within ten (10) days after the
occurrence  of  such  Over-Advance;

               (d)     Other  Terms,  Covenants  or  Agreements.  Default in the
                       ----------------------------------------
performance  of  any other term, covenant, condition, obligation or agreement of
this  Agreement,  any Guaranty, any Security Instrument (as defined in either of
the  Notes) or any Loan Document which continues unremedied for thirty (30) days
after written notice of such event to Borrower or Guarantor (as the case may be)
from  MVP,  or  any  material  event  of  default on the part of Borrower or any
Guarantor  due  to  non-performance  under  any  loan,  agreement,  document  or
instrument to which Borrower or any Guarantor is now or hereafter a party, or by
which any of Borrower's or Guarantor's property is bound, which default or event
of  default  is  not cured within the period of grace, if any, provided therein;

     (e)     Liens,  Sales,  Conveyances, etc.  Any sale, conveyance or transfer
             ---------------------------------
of  any  rights  in the Collateral securing the Liabilities, or any destruction,
loss  or  damage  of  or  to the Collateral in any material respect other than a
Permitted  Lien  or  as  expressly  permitted pursuant to this Agreement, or the
creation  of  any  lien  on  the  Collateral (except a Permitted Lien, a lien to
Secured  Party  or  as  expressly  agreed  by  MVP  in  writing.)

     (f)     Maintenance  of  Insurance.  Failure  of  Borrower  to maintain any
             --------------------------
insurance  required  under  the  terms  of  any  Security  Instrument.

     (g)     Voluntary  Actions.  Borrower  shall  apply  for  or consent to the
             ------------------
appointment  of  a  receiver, trustee or liquidator for itself or for any of its
properties  or  assets,  admit  in  writing  the  inability to pay debts, make a
general  assignment  for  the  benefit  of creditors, be adjudicated bankrupt or
insolvent, or file a voluntary petition  under any bankruptcy law, or a petition
or  answer  seeking  reorganization  or an arrangement with creditors or to take
advantage  of any bankruptcy, reorganization, insolvency, or liquidation law, or
an  answer  admitting the material allegations of a petition filed against it in
any  proceeding  under  any  such  law, or any of the foregoing shall occur with
respect  to  any  Guarantor;

     (h)     Involuntary  Actions.  An  order  shall  be  entered,  without  the
             --------------------
application  or  consent  of Borrower, by any court approving a petition seeking
reorganization  of Borrower or of all or a substantial part of the properties or
assets  of  Borrower or appointing a receiver, trustee or liquidator of Borrower
and  such  order  shall  continue unstayed and in effect for a period of  thirty
(30)  days  or  more,  or  the  institution  of  any  garnishment proceedings by
attachment,  levy  or  otherwise,  against any deposit balance maintained or any
property  deposited  with  MVP by Borrower and such proceeding is not discharged
within  ten  (10)  days of its commencement, or any of the foregoing shall occur
with  respect  to  any  Guarantor  or  Parent.

     17.     ACTION  UPON DEFAULT.  Upon the occurrence of any Event of Default,
             --------------------
in  addition  to  all  rights  and  remedies available to it at law or in equity
(which  rights  and remedies are expressly reserved by MVP) MVP may, upon notice
to  Borrower,  at  its  election  (but without any obligation to do so), without
further  demand  or  notice  of  any kind or any appraisal or evaluation, all of
which  are  hereby  expressly  waived  by  Borrower:

     (a)     Cease  making  any  Advances  under  the  Note;

     (b)     Pay  any  taxes, discharge any lien, procure any insurance, pay any
contractor,  subcontractor,  materialman  or  supplier  or  cure  any default by
Borrower  or Guarantor and the costs thereof shall be deemed Liabilities bearing
interest at the highest Default Rate under the Notes and secured by the Security
Instruments  (as  defined  in  either  of  the  Notes),  and/or  the Collateral;

     (c)     Declare  the  Note  and  any  or  all  Liabilities  due and payable
forthwith in full, both as to principal and interest, anything contained in this
Agreement  or the Loan Documents to the contrary notwithstanding (which shall be
automatic  upon  the occurrence of any event described in 16(g) or 16(h) above).

     MVP  may  proceed  to  the  enforcement of this Agreement or any other Loan
Documents  with its rights and remedies as provided by law or equity against any
Collateral  in  any  combination  or  order  as  MVP  shall  choose.

     18.     FURTHER MVP RIGHTS.  Without limiting any other provision contained
             ------------------
herein,  should  any  or all Liabilities become forthwith due and payable as set
forth  in paragraph 17 above, MVP may sell or deliver the Collateral or any part
thereof,  in  good faith at any broker's board, or at public or private sale, in
whole  at any time or in part from time to time within Florida or elsewhere, for
cash, upon credit or for future delivery and at such place or prices as it shall
deem  satisfactory.  MVP may be a good faith purchaser of any Collateral and may
apply  to  the  purchase  price  of the Collateral any amounts due and unpaid as
Liabilities.  Any  such  sales  shall  be  free  from  any  right  or  equity of
redemption  in  Borrower  or  any  Guarantor,  which right or equity, if any, is
hereby expressly waived and released by Borrower and all Guarantors.  In case of
any  sale  by MVP of any of the Collateral on credit or for future delivery, the
Collateral  sold  may  be retained by MVP until the selling price is paid by the
purchaser,  but  MVP  shall  incur  no  liability  in  case  of a failure of the
purchaser  to  take  up  or pay for the Collateral so sold.  In case of any such
failure,  such  Collateral  so  sold  may  be  again similarly sold.  In lieu of
exercising  a  power  of  sale hereunder conferred upon it, MVP may, in its sole
discretion, proceed by suit or suits at law or in equity to enforce the security
interest  and  sell  the Collateral, or any portion thereof, under a judgment or
decree  of a court or courts of competent jurisdiction.  Borrower and Guarantors
each  authorize  MVP,  in  connection  with  any  sale,  assignment, transfer or
delivery  for  the  purpose  of enforcing this Agreement, to execute and deliver
such  bills  of  sale,  assignments  and  other  instruments  that the MVP shall
consider  necessary.  Nevertheless,  Borrower  and  Guarantors  each  agree,  if
requested  by  MVP, to ratify and confirm any such sale, assignment, transfer or
delivery by executing and delivering to MVP  or any purchaser all bills of sale,
assignments,  releases and other proper  instruments or documents to effect such
ratification  and  confirmation  as  may be designated at any such request.  The
proceeds  of such sales may be applied to the Liabilities in any manner or order
MVP  desires.  MVP  shall have all of the rights and remedies of a secured party
under  the  Uniform  Commercial  Code  as adopted in Florida and under any other
applicable  law.

     19.     NO  WAIVER.  The  failure  of  MVP to insist upon strict compliance
             ----------
with  and performance of any of the terms and conditions of this Agreement shall
not  constitute  a  waiver  of  any  such term or condition.  Any waiver granted
hereunder shall be in writing signed by MVP and shall apply only to the specific
instance referenced therein and only for that specific time.  Any waiver granted
for  one event shall not constitute a waiver of any same or similar condition or
event  occurring at a subsequent date.  No waiver by MVP of any Event of Default
shall be held or construed to be  a waiver of any other Event of Default whether
or  not  subsequently  occurring.  No  Advances  under  this  Agreement  shall
constitute  a  waiver  of  any of the conditions of the MVP's obligation to make
further  Advances,  nor,  in  the  event  Borrower is unable to satisfy any such
condition,  shall  any  such  failure  to insist upon strict compliance have the
effect of precluding MVP from thereafter declaring such inability to be an Event
of Default as herein provided.  The remedies set forth herein are cumulative and
are  in  addition  to any other remedies available to MVP by law or equity or by
any  other  documents  executed  by Borrower or any Guarantor in connection with
this  loan, and MVP may pursue any one, several or all of said remedies upon the
occurrence  of  any  Event  of  Default.

     20.     GENERAL  CONDITIONS.
             -------------------

     (a)     Indemnity.  Each  of  Borrower and Guarantor hereby indemnifies and
             ---------
agrees  to  defend  and  hold  harmless each of MVP and any affiliate of MVP and
their respective directors, officers, agents and employees, from and against any
and  all  liabilities,  claims,  charges,  losses,  expenses (including, without
limitation,  attorneys'  fees  and  disbursements)  or  damages  of any kind  or
nature, or otherwise which may arise in connection with this Agreement or any of
the  other  Loan  Documents or the consummation of the transactions contemplated
herein  or therein, except to the extent any such liabilities,  claims, charges,
losses,  expenses  or  damages  arise  solely  and  directly  out  of  the gross
negligence  or  willful  misconduct  of  MVP  or  any  affiliate of MVP or their
respective  directors,  officers,  agents  or  employees.

     (b)     Submission  of  Evidence.  Any  condition  of  this Agreement which
             ------------------------
requires  the  submission  of  evidence  of  the existence or non-existence of a
specified  fact or facts implies as a condition the  existence or non-existence,
as  the case may be, of such fact or facts, and MVP shall, at all times, be free
to  independently establish to its satisfaction such existence or non-existence.

     (c)     MVP  Sole  Beneficiary.  All terms, provisions, covenants and other
             ----------------------
conditions  of  the  obligations  of  MVP to make Advances hereunder are imposed
solely  and  exclusively  for the benefit of MVP and its successors and assigns,
and  no other person  shall have standing to require satisfaction of such terms,
covenants and other conditions in accordance with their terms or be deemed to be
a beneficiary of such terms, covenants and other conditions, any or all of which
may  be freely waived, in whole or in part, by MVP at any time if, in MVP's sole
discretion,  MVP  deems  it  advisable  or  desirable  to  do  so.

     (d)     Severability  of Provisions.  Any provision of this Agreement which
             ---------------------------
is prohibited or unenforceable in the State of Florida or in any jurisdiction in
the United States shall, as to the State of  Florida or such jurisdiction in the
United  States,  be  ineffective  to  the  extent  of  such  prohibition  or
unenforceability  without  invalidating  the  remaining  provisions  hereof  or
affecting  the  validity  or  enforceability  of  such  provision  in  any other
jurisdiction.

     (e)     Headings.  The  headings and captions of various paragraphs of this
             --------
Agreement  are  for convenience of reference only and are not to be construed as
defining  or limiting, in any way, the scope or intent of the provisions hereof.

     (f)     No  Joint Venture.  Neither Borrower or Guarantor are and shall not
             -----------------
be  deemed  to  be  a  joint venturer with, or an agent of, MVP for any purpose.

     (g)     Incorporation  By  Reference.  Borrower  and  Guarantors agree that
             ----------------------------
until  this Agreement is terminated by the repayment to MVP and any affiliate of
MVP of all principal and interest due and owing on both of the Notes, any of the
Liabilities,  and other sums due and owing pursuant to the other Loan Documents,
either  of  the  Notes,  the  Security  Instruments (as defined in either of the
Notes),  and  the  other  Loan Documents shall be made subject to all the terms,
covenants,  conditions,  obligations,  stipulations  and agreements contained in
this Agreement to the same extent and effect as if fully set forth in and made a
part  of the Notes, such Security Instruments, and the other Loan Documents.  In
the  event  of  a  direct  conflict  between  any  of the Loan Documents and the
provisions  of  this  Agreement,  this  Agreement  shall  be  controlling.

     (h)     Further  Assurances.  Borrower and Guarantors hereby agree promptly
             -------------------
to execute and deliver such additional documents, agreements and instruments and
promptly to take such additional action as MVP may  at any time and from time to
time  reasonably request in writing in order for MVP to obtain the full benefits
and  rights  granted  or  purported  to  be  granted  by  this  Agreement.

     21.     INSPECTIONS.  MVP,  through  its  officers,  agents,  employees  or
             -----------
designees,  shall  have  the right at all reasonable times to examine the books,
records, accounting data and other documents of Borrower and/or Guarantor and to
make  extracts  therefrom  or copies thereof.  Said books, records and documents
shall be made available to MVP, its officers, agents and employees promptly (and
in  any  event  within  three  (3)  business days) upon written demand therefor.
Notwithstanding  the  foregoing  or  any  other provision of this Agreement, MVP
acknowledges that at no time will it be permitted, or have a right to, access to
any  private  patient  records.

     22.     COSTS  AND  EXPENSES.  Borrower  shall  pay all reasonable expenses
             --------------------
incidental  to  the  making  and administration of this loan, including, but not
limited  to,  pre-Closing,  Closing  and post-Closing expenses, commitment fees,
recording and filing fees, appraisal fees, attorneys' fees and any and all other
out-of-pocket  expenses  or  fees  incurred  in connection with the negotiation,
preparation,  review, amendment or modification of the documents relating to the
Loans,  the  administration  of  the  Loans,  or the enforcement of any of MVP's
rights.  Borrower agrees that MVP's determination that an expense is a necessary
expense incidental to the making or administration of the Loans shall constitute
a  conclusive  determination  of  Borrower's  obligation  to  pay such expenses.

     23.     NOTICES.  Any  notices  required to be given herein by any party to
             -------
the other shall be in writing and either personally delivered or sent registered
or  certified  mail,  postage  prepaid,  return  receipt  requested,  to:

     Borrower:            Neogenomics,  Inc.
                          1726  Medical  Blvd.,  Suite  101
                          Naples,  FL  34110
                          Attention:  Michael  Dent

     Guarantor:           Neogenomics,  Inc.
                          1726  Medical  Blvd.,  Suite  101
                          Naples,  FL  34110
                          Attention:  Michael  Dent

         MVP:             MVP  3,  LP
                          1740  Persimmon  Drive
                          Naples,  FL  34109
                          Attention:   Steven  Jones

or  such  other  address  as  either  party hereafter designates to the other in
writing  as  aforesaid.

24.     MISCELLANEOUS.  No  right,  interest  or  benefit  of Borrower hereunder
        -------------
shall  be  assigned  or otherwise transferred by it.  This Agreement, the Notes,
the Loan Documents and any other documents required to be executed and delivered
by  Borrower  or  any  of  the  Guarantors  in  accordance  with this Agreement,
constitute  the  entire  and  complete agreement by and between MVP and Borrower
concerning  the Loans described in this Agreement.  In the event of any conflict
or inconsistency between this Agreement and any of the other Loan Documents, the
terms  of  this Agreement shall govern.  No change, amendment or modification of
or  to  this  Agreement,  the  Notes, the Loan Documents and/or any of the other
documents  executed  and delivered by Borrower or any of the Guarantors shall be
binding  unless  in  writing and signed by MVP.  All representations, warranties
and  agreements  herein  contained shall survive the Closing.  This Agreement is
made  and entered into for the sole protection and benefit of MVP, affiliates of
MVP, Borrower, and their respective successors  and assigns, and no other person
shall  have any right of action hereon. Time is of the essence hereof.  Whenever
used, the singular number shall include the plural, the plural the singular, and
the  use  of  any  gender shall include all genders.  Upon Borrower's payment in
full of any loans now or hereafter issued by MVP or any affiliate of MVP for the
benefit  of or at the request of Borrower or Parent, under this Agreement or any
other  document,  instrument  or  agreement related to this Agreement, MVP shall
cause  Fifth  Third  to  release  Borrower  and Parent from any and all of their
obligations  under  the  Fifth  Third  Loan  Documents.

     25.     GOVERNING LAW; CONSENT TO FORUM.  This Agreement and all other Loan
             -------------------------------
Documents have been negotiated, executed and delivered at and shall be deemed to
have  been  made  in  the  State  of Florida.  This Agreement and all other Loan
Documents  shall be governed by and construed in accordance with the laws of the
State  of  Florida;  provided,  however,  that if any of the Collateral shall be
                     --------   -------
located  in  any  jurisdiction other than Florida, the laws of such jurisdiction
shall govern the method, manner and procedure for foreclosure of MVP's lien upon
such Collateral and the enforcement of MVP's other remedies with respect to such
Collateral  to the extent that  the laws of such jurisdiction are different from
or  inconsistent with the laws of Florida.  As part of the consideration for new
value  this day received, Borrower and Guarantors each hereby consent and submit
to  the  personal  jurisdiction of the Circuit Court for Collier County, Florida
and  the  United  States  District Court for the Middle District of Florida, and
waive  personal service of any and all process upon it and consent that all such
service  of  process  be  made  by certified or registered mail directed to such
party  at  the address stated in paragraph 23, with service so made deemed to be
completed  upon  actual  receipt  thereof.  Borrower  and each of the Guarantors
waive  any  objection to jurisdiction and venue of any action instituted against
it  as  provided  herein  and  agree  not to assert any defense based on lack of
jurisdiction  or  venue.

     26.     WAIVER  OF  RIGHT  TO  TRIAL BY JURY.  BORROWER, GUARANTOR, AND MVP
             ------------------------------------
EACH  HEREBY UNCONDITIONALLY AND IRREVOCABLY WAIVE ANY AND ALL RIGHT TO TRIAL BY
JURY  IN  ANY  ACTION,  SUIT,  COUNTERCLAIM OR CROSS-CLAIM ARISING IN CONNECTION
WITH,  OUT OF OR OTHERWISE RELATING TO THIS AGREEMENT, THE OTHER LOAN DOCUMENTS,
THE  LIABILITIES, ANY COLLATERAL OR ANY TRANSACTION ARISING THEREFROM OR RELATED
THERETO.

     27.     CLOSING.  All references herein to the "Closing" shall be deemed to
             -------
refer  to  the  actual date on which this Agreement is executed and delivered to
MVP,  which  is  April  ll,  2003.
                        --

     28.   ASSIGNMENT.   No party may assign either this Agreement or any of his
           ----------
or  its  rights,  interests,  or obligations hereunder without the prior written
approval of the other parties hereto; provided, however, that MVP may assign any
                                      -----------------
or  all  of its rights and interests hereunder to Fifth Third in order to secure
its  obligations  under  the  Fifth  Third  Loan  Agreement.

                   [BALANCE OF THIS PAGE INTENTIONALLY BLANK.]

<PAGE>
IN  WITNESS  WHEREOF,  this  Agreement  has been executed by the duly authorized
officers  of  Borrower,  Guarantor  and  MVP  as of the day and year first above
written.

Signed  In  the  Presence  of:     MVP:

MVP  3,  L.P.,  a  Delaware  limited  partnership

By  MEDICAL  VENTURES  PARTNERS
LLC.  a  Delaware  limited  liability  company,
its  general  partner,

Print  Name
By:
Name:
Its:

Borrower:

NEOGENOMICS,  INC.,  a  Florida  corporation

Print  Name
By:

Print  Name:
Name:
Its:

Guarantor:

NEOGENOMICS,  INC.,  a  Nevada  corporation

By
Print  Name:
Name:
Its:

<PAGE>
<PAGE>
                                     ------
                                    EXHIBIT A
                                    ---------

                                      NOTE
                                      ----

$1,500,000.00     As  of  April  15,  2003
                                                                 Naples, Florida

FOR  VALUE  RECEIVED,  the undersigned, NEGENOMICS, INC., a Florida corporation,
having  its  principal  office at1726 Medical Blvd., Suite 101, Naples, FL 34110
(hereinafter  referred to as "Borrower"), promises to pay to the order of MVP 3,
LP,  a  Delaware  limited  liability  company,  with an office at 1740 Persimmon
Drive,  Naples,  FL  34109  (hereinafter  referred  to as "MVP"), or holder, the
principal  sum  of One Million Five Hundred Thousand Dollars ($1,500,000.00), or
so much thereof as may be advanced by MVP to Borrower from time to time pursuant
to  the  terms  hereof  and  of  that certain Loan and Security Agreement by and
between  Borrower  and  MVP  dated  of  even  date  herewith (as the same may be
amended,  modified,  restated,  extended  and/or replaced from time to time, the
"Loan Agreement"), together with any additional payments or sums provided for in
this  Note,  the  Loan  Agreement,  and the Security Instruments (as hereinafter
defined),  with interest from the date of advance, at the rate and in the manner
hereinafter specified.  The principal amount of each loan made by MVP under this
Note  and the amount of each prepayment made by Borrower under this Note will be
recorded by MVP in the regularly maintained data processing records of MVP.  The
aggregate  unpaid principal amount of all loans set forth in such schedule or in
such  records  will  be  presumptive  evidence of the principal amount owing and
unpaid  on  this  Note.  However, failure by MVP to make any such entry will not
limit  or  otherwise  affect  Borrower's  obligations  under this Note, the Loan
Agreement,  or  the  Security  Instruments.  Borrower  may  not  prepay and then
reborrow  any  principal  sums  hereunder.  At  no  time  will  the total of all
Advances  (as  hereafter  defined)  exceed the lesser of the face amount of this
Note  or  the  Borrowing  Base  (as hereinafter defined). If the total principal
amount  of  all  Advances  made hereunder at any time exceeds the face amount of
this  Note or exceeds the Borrowing Base (as hereinafter defined), Borrower will
immediately  pay  the  amount  of  such  excess  to  MVP.

Interest
--------

Interest  shall be at the rate per annum equal to the Prime Rate (as hereinafter
defined)  plus eight percent (8%).  Interest shall be charged on the outstanding
principal  balance  of  this  Note  from  time  to time owing from the date such
principal is advanced.  During the term of this Note, the rate of interest shall
be  based  on  the  hereinafter  defined Prime Rate from time to time in effect.
Said  rate  of  interest  shall  increase and decrease automatically and without
notice  in the same amount and on the same day that said Prime Rate increases or
decreases.  Any  reference  herein to the "prime rate of interest" or Prime Rate
is  hereby  defined  to  mean  the prime, base or reference rate of interest for
commercial loans set and established by MVP from time to time, which rate is not
intended  to  be nor is defined as the lowest rate of interest charged by MVP to
its  most  preferred borrowers and whether or not such rate is actually charged.
All  Interest shall be calculated on the basis of a 360-day year for actual days
elapsed.  Interest  after  maturity  (whether  as  stated,  by  acceleration  or
otherwise)  on  any  and  all  portions  of  the principal amount and any unpaid
interest  shall  be at a rate per annum equal to six percent (6%) above the rate
otherwise  then  payable  (hereinafter  referred  to  as  the  "Default  Rate of
Interest").   Interest  shall  be  payable in arrears and shall accrue as of the
date  of  the  first  Advance  hereunder.

Payments
--------

     Interest only on the unpaid principal balance of this Note shall be due and
payable  monthly  in  arrears  commencing  on  the last day of April, 2003, with
successive payments due on the last day of each succeeding and consecutive month
thereafter,  and  continuing  until  maturity  (as  stated,  by  acceleration or
otherwise), at which time the then outstanding principal amount hereof, which is
acknowledged by Borrower to be a balloon payment, together with interest and any
and  all other amounts due hereunder or under the hereinafter described Security
Instruments  shall  be  due  and payable.  All payments under this Note shall be
applied,  at MVP's discretion, to payment of accrued interest, late fees and any
other  amounts  due  and  payable  by  Borrower  hereunder or under the Security
Instruments  with  the  balance  to be applied towards the principal amount owed
hereunder.

Prepayments;  Required  Payments
--------------------------------

     Borrower  may  prepay  this  Note  in  whole or in part at any time without
premium  or  penalty.  No  prepayment  or required payment made pursuant to this
section  shall  be  deemed  to  relieve Borrower of its obligation to make other
payments  hereunder,  including,  without  limitation  any  scheduled  interest
payment.

Term  of  Note
--------------

     The  entire  unpaid  principal  balance of this Note, together with accrued
interest  thereon,  shall  be  due  and  payable  unless  earlier accelerated as
provided  herein,  on  March  31,  2005, subject to extension by MVP in its sole
discretion  ("Maturity  Date").

Place  of  Payments
-------------------

     Payments  shall  be  payable in lawful money of the United States to MVP at
its office at 1740 Persimmon Drive, Naples, FL  34109, or at such place as shall
hereafter  be  designated  by  written  notice from the holder to  the Borrower.

Monetary  Default
-----------------

     Upon the failure to make any payment required hereunder or under any of the
other Security Instruments or under any other obligation of Borrower to MVP when
due,  the  entire  unpaid principal of this Note, together with accrued interest
thereon  and any other sums due to MVP by Borrower, shall become at once due and
collectible at the option of the MVP or holder, without notice or demand and MVP
or  holder  may  proceed  to foreclose all liens and security interests securing
this  Note.  The notice of the exercise of the option to accelerate contained in
this  paragraph  is  hereby expressly waived by Borrower.  Failure of the MVP or
holder  to  exercise  this  option shall not constitute a waiver of the right to
exercise  the  same  in  the  event  of  any  subsequent  default.

<PAGE>
------
"Security  Instruments"
-----------------------

     The  payment  of  this  Note  is  secured  by valid and subsisting (a) Loan
Agreement,  (b) Security Agreement of even date herewith executed by Borrower in
favor  of  MVP,  as  the  same  may  be amended, modified, extended, replaced or
restated  from  time  to  time  ("Borrower  Security  Agreement"),  (c) Security
Agreement  of  even  date  herewith  executed  by  NeoGenomics,  Inc.,  a Nevada
corporation  and the parent of Borrower ("Parent"), in favor of MVP, as the same
may  be  amended,  modified,  extended,  replaced, or restated from time to time
("NeoGenomics  Security Agreement"), and (d) a Stock Pledge Agreement, even date
herewith,  executed  by  Parent, as the same may be amended, modified, extended,
replaced,  or  restated  from  time to time (the "Stock Pledge Agreement").  The
Loan  Agreement,  the  Borrower  Security  Agreement,  the  NeoGenomics Security
Agreement,  and  the  Stock  Pledge  Agreement, and all other instruments now or
hereafter  executed in connection with or as security for this Note or any other
obligations  of  Borrower  to  MVP  have  heretofore  and  shall  hereinafter be
collectively  referred  to  as  the  "Security  Instruments."

Security  and  Non-Monetary  Default
------------------------------------

     All  of the agreements, conditions, covenants, warranties, representations,
provisions  and  stipulations  made  by or imposed upon Borrower in the Security
Instruments are hereby made a part of this Note to the same extent, and with the
same force and effect, as if they were fully recited herein.  Should there be an
Event  of Default (as defined in the Loan Agreement), then MVP, or holder, shall
have  (after  the expiration of any applicable grace period and notice expressly
set  forth  in  the  Loan  Agreement), in addition to any  and all other rights,
remedies  and  recourses  available  to  it, the right and option to declare the
entire  unpaid principal balance and accrued interest on this Note and any other
sums  due  to  MVP by Borrower at once due and payable without further demand or
presentment  for  payment  to  Borrower,  and proceed to foreclose all liens and
security  interests  securing  the  payment  of  same  and to invoke all rights,
remedies  and  recourses  relating  thereto.  The  notice of the exercise of the
option  to  accelerate contained in this paragraph is hereby expressly waived by
Borrower.  Failure of the MVP or holder to exercise the option contained in this
paragraph shall not constitute a waiver of the right to exercise the same in the
event  of  any  subsequent  default.

Late  Charge
------------

     In the event that any payment herein provided for shall become overdue  for
a period in excess of ten (10) days, a late charge of five percent (5%)  of such
amount  so  overdue  shall become immediately due to the MVP or holder, not as a
penalty,  but  as  agreed compensation to MVP or holder for the additional costs
and expenses incident to such default in making a payment or payments.  Borrower
acknowledges  that the exact amount of such costs and expenses may be difficult,
if  not  impossible,  to  determine with certainty, and further acknowledges and
confesses  the  amount of such charge to be a consciously considered, good faith
estimate  of the actual damage to MVP or holder by reason of such default.  Said
charge  shall  be  payable  in  any event no later than the due date of the next
subsequent  payment  hereunder.  Assessment  of the late charge shall not in any
event  be deemed to extend the date upon which such installment is due.  Failure
to  pay  an  assessed late charge is an event of default.  The assessment and/or
collection  of  any late charge shall in no way impair MVP's right to pursue any
other  remedies  upon  default hereunder, nor shall the acceptance by MVP of any
late  payment or other performance which does not strictly comply with the terms
of this Note or any of the Security Instruments, be deemed to be a waiver of any
rights  of  MVP  arising  as  a  result  of  any  other  failure  to  comply.

Default  Rate
-------------

     In  the  event  of  any  default  hereunder  or  under  any of the Security
Instruments,  the  unpaid  principal  balance  of this Note and accrued interest
thereon,  together with the late charge set forth in the preceding paragraph and
all  other  sums  due  to  MVP or holder by Borrower, shall bear interest at the
Default  Rate  of  Interest  until  all  sums  are  paid  in  full.

Right  of  Set-Off
------------------

     Borrower  grants  to MVP a contractual possessory security interest in, and
hereby  assigns,  conveys, delivers, pledges and transfers to MVP all Borrower's
right,  title and interest in and to, the accounts of Borrower with MVP (whether
checking,  savings,  or  some  other  account), including without limitation all
accounts  held  jointly  with someone else and all accounts Borrower may open in
the future, excluding, however, all IRA and Keogh accounts.  Borrower authorizes
MVP,  to  the  extent permitted by applicable law and upon the occurrence of any
default hereunder or under any of the Security Instruments, to charge or set-off
all  sums  owing  on  this  Note  against  any  and all such accounts, provided,
however,  without  impairing or limiting MVP's security interest, that MVP shall
not  set-off  against  any  IRA  or  Keogh  accounts.

Conditions  for  Advance
------------------------

No Advance shall be made hereunder if MVP in its sole discretion determines that
the  total  amount  of  all  outstanding  and unpaid Advances plus the requested
Advance  would exceed the Borrowing Base.  No Advance shall be made hereunder if
Borrower  is  in default hereunder or under any of the Security Instruments.  No
Advance  shall  be made hereunder without submission of a current Borrowing Base
Certificate  evidencing  that  the  total  of  such  requested  Advance plus all
outstanding  and  unpaid  Advances  will  not  exceed  the  Borrowing  Base.

Borrowing  Base  Covenant
-------------------------

     At  all  times  hereafter,  and  so  long  as  any principal is outstanding
hereunder  or Bank has any obligation to advance funds hereunder, Borrower shall
not  permit  the  total of all unpaid Advances hereunder to exceed the Borrowing
Base.  Bank  may, by notice to Borrower, require compliance with such additional
covenants  as  Bank  may, in its reasonable discretion, deem necessary to ensure
that  Borrower's  financial status does not change in a material adverse manner.

<PAGE>

Definitions
-----------

     As  used  herein,  the  following  terms  shall have the following meaning:

     "Accounts"  shall  have  the  meaning  ascribed  thereto  in  the  Uniform
Commercial Code in effect in the State of Florida from time to time, as the same
may  be  amended  and/or  modified.

     "Advance"  shall  mean  each  principal  amount  advanced  hereunder.

     "Borrowing  Base"  shall mean the total of eighty percent (80%) of Eligible
Accounts plus fifty percent (50%) percent of the Book Value (determined pursuant
to  GAAP)  of  all  Equipment owned by Borrower plus One Hundred and Twenty Five
Thousand  Dollars ($125,000) during the period between the date of this Note and
June  30,  2003  and  plus  Five Hundred Thousand Dollars ($500,000) thereafter.

     "Borrowing  Base  Certificate" shall mean a collateral report substantially
in  the form of Schedule A attached hereto and incorporated herein by reference,
identifying  the  calculation  of  and  basis  for  the  Borrowing  Base.

     "Eligible  Accounts"  shall mean all of NeoGenomics' Accounts minus (a) any
of  NeoGenomics  Accounts  which  are unpaid more than ninety (90) days from the
earlier of the date of invoice or billing, (b) any of NeoGenomics' Accounts owed
by  an Account Debtor for whom twenty-five percent (25%) or more of such Account
Debtor's  Total  Accounts  are unpaid more than sixty (60) days from the date of
invoice,  (c)  contra accounts, i.e., Accounts owed by an Account Debtor to whom
NeoGenomics is also a vendor, (d) Accounts owed by a foreign Account Debtor, and
(e)  Accounts  owed  to  NeoGenomics  by Borrower or any other entity related to
either  Borrower  or  NeoGenomics  by  common  ownership.

     "Equipment"  shall  have  the  meaning  ascribed  thereto  in  the  Uniform
Commercial Code in effect in the State of Florida from time to time, as the same
may  be  amended  and/or  modified.

     "GAAP"  means  generally  accepted  accounting  principles,  consistently
applied.

     "Person"  means any individual, entity or governmental agency, and shall be
construed  in  its  broadest  sense.

Additional  Requirements
------------------------

     Borrower  shall  submit  to  MVP  the  following:

(a)     upon (i) execution of this Note, (ii) with every request for an Advance,
and (iii) on or before the twentieth (20th) day of every month, a Borrowing Base
Certificate  evidencing  that  the  total  of all outstanding Advances as of the
execution  of  this Note (for a Borrowing Base Certificate submitted pursuant to
(i)  above),  upon  making  of  such  additional Advance taking into account the
Advance  requested  (for a Borrowing Base Certificate submitted pursuant to (ii)
above) or as of the end of the preceding month (for a Borrowing Base Certificate
submitted pursuant to (iii) above) does not exceed the Borrowing Base and, for a
Borrowing  Base  Certificate  submitted  pursuant  to  (i)  or (iii) above, also
containing  a  complete  aging  of  NeoGenomics'  Accounts and accounts payable;

(b)     within  three  (3)  days  of  filing, complete copies of its federal tax
returns,  with  all  schedules;

(c)     such  additional  documents  regarding  Borrower's  financial condition,
assets  or  ability  to  repay Advances as Bank may deem necessary or desirable.

Waiver  of  Laws
----------------

     Borrower hereby waives the benefit of any laws which now or hereafter might
authorize  the  stay  of any execution to be issued on any judgment recovered on
this  Note  or  the  exemption  of  any  property  from levy or sale thereunder.
Borrower  also  waives  and  releases  unto  MVP  or holder hereof, all  errors,
defects  and  imperfections whatsoever of a procedural nature in the entering of
any  judgment  or  any  process  or  proceedings  relating  thereto.

WAIVER  OF  RIGHT  TO  TRIAL  BY  JURY.
--------------------------------------

     BORROWER  AND MVP EACH HEREBY UNCONDITIONALLY AND IRREVOCABLY WAIVE ANY AND
ALL  RIGHT  TO  TRIAL  BY  JURY IN ANY ACTION, SUIT, COUNTERCLAIM OR CROSS-CLAIM
ARISING  IN  CONNECTION  WITH,  OUT  OF  OR OTHERWISE RELATING TO THIS NOTE, THE
SECURITY INSTRUMENTS, THE OBLIGATIONS EVIDENCED HEREBY, AND/OR ANY COLLATERAL OR
ANY  TRANSACTION  ARISING  THEREFROM  OR  RELATED  HERETO.

Non-Waiver
----------

     The  remedies  of  this  Note  and  the aforedescribed Security Instruments
securing the same, providing for the enforcement of the payment of the principal
sum thereby secured, together with the interest thereon, and for the performance
of  the  covenants,  conditions  and  agreements,  matters and things herein and
therein  contained,  are  cumulative and concurrent and may be pursued singly or
successively  or  together,  at the sole discretion of MVP or holder, and may be
exercised  as  often as occasion therefor shall occur.  The waiver by MVP or any
holder  hereof  of, or failure to enforce any covenant or condition of this Note
or  the Security Instruments, or to declare any default thereunder or hereunder,
shall  not  operate as a waiver of any subsequent default or affect the right of
the  MVP  or  holder  to  exercise  any  right or remedy not expressly waived in
writing  by  MVP  or  holder.

Payment  of  Expenses
---------------------

     Borrower shall pay, upon receipt of an invoice therefor, all legal fees and
other  out-of-pocket  expenses  incurred  by  MVP  in  connection  herewith.

Costs  of  Collection
---------------------

     Borrower  hereby  unconditionally  agrees to pay the costs of collection of
this  Note, including, but not limited to, reasonable attorney fees incurred  by
MVP  or  holder,  if  collectible  in  the  jurisdiction  in which a judgment is
rendered  or  sought  to  be  enforced.

Acknowledgment  of  Type  of  Debt  and  Use  of  Proceeds
----------------------------------------------------------

Borrower  hereby  acknowledges,  warrants  and  represents  that  this  is not a
consumer  transaction  and  that the principal sum evidenced hereby was not used
for  any  consumer  purpose but was used solely in connection with a commercial,
business  transaction.  Borrower  hereby  acknowledges,  warrants and represents
that  it  will  use all Advances solely as and for its working capital purposes.

Binding  Effect
---------------

     This obligation shall bind Borrower and Borrower's successors and permitted
assigns,  as  the case may be, and the benefits hereof shall inure to any holder
hereof  and  its  successors  and  assigns.

Waiver  of  Presentment,  Etc.
------------------------------

     Borrower,  and all sureties, endorsers and guarantors of this Note, if any,
hereby:  (a)  waive  demand,  presentment  for  payment,  notice of non-payment,
protest,  notice of protest and all other notice (unless notice  is specifically
otherwise required in this Note), filing of suit or diligence in collecting this
Note,  in  enforcing  any of the security rights or in proceeding against any of
the  property  which is collateral for this Note; (b) agree to any substitution,
exchange, addition or release of any such property or the addition or release of
any  party  or Person primarily or secondarily liable herein; (c) agree that MVP
or  holder  shall not be required first to institute any suit, or to exhaust its
remedies  against  the Borrower or any other Person or party in order to enforce
payment  of  this  Note; (d) consent to any extension, rearrangement, renewal or
postponement  of  time  of payment of this Note and to any other indulgence with
respect  hereto without notice, consent or consideration to any of them; and (e)
agree that, notwithstanding the occurrence of any of the foregoing, except as to
any  such  Person expressly released in writing by MVP or holder, they  shall be
and  remain  jointly  and severally, directly and primarily, liable for all sums
due  hereunder  and  under  any  and  all  of  the  Security  Instruments.

Governing  Law
--------------

     This  Note and the Security Instruments shall be governed and construed  in
accordance  with  the  laws  of  the  State of Florida and of the United States.

Severability  -  Usury
----------------------

     The  unenforceability or invalidity of any one or more provisions, clauses,
sentences  and/or  paragraphs of this Note shall not render any other provision,
clause,  sentence  and/or  paragraph  herein contained unenforceable or invalid.

     It  is  the intention of MVP or holder, which is signified by acceptance of
this  Note,  that  this  Note shall comply with all applicable usury laws now or
hereafter  in  effect.  Accordingly,  to  the  extent that any  rate of interest
stated in this Note exceeds the maximum rate of interest which may be charged on
loans of the type and nature evidenced by this Note, then said interest shall be
abated  and  reduced  to  the  extent  necessary  to  conform  with  the maximum
permissible  rate.

     IN WITNESS WHEREOF, Borrower has executed this Note as of the date and year
first  above  written  in  Naples,  Florida.

MVP  3,  L.P.,  a  Delaware  limited  partnership

By  MEDICAL  VENTURES  PARTNERS,  LLC.
a Delaware limited liability company, its
general  partner,

By:     ____________________________
Name:   Steven  Jones,  Member

NEOGENOMICS,  INC.,  a  Florida  corporation

By:
Name:  Michael  Dent
Its:    President  and  Chief  Executive  Officer

<PAGE>
                                   SCHEDULE A
                                    MVP 3, LP
                           BORROWING BASE CERTIFICATE

              NeoGenomics, Inc., a Florida corporation ("Company")

     The  undersigned,  in  accordance with and subject to the terms of the Loan
and  Security Agreement dated April 15, 2003 between NeoGenomics, Inc, a Florida
Corporation  ("Borrower")  and  MVP 3 LP, a Delaware Limited Partnership "(MVP")
(as  the  same  may  be  hereafter  amended, restated, extended, revised, and/or
modified from time to time, hereinafter referred to as the "Agreement"), and the
Revolving  Line  of Credit Note as defined therein ("Note"), hereby certifies as
of  ______________________________  [insert  month  and year] that the following
computations  have  been made in accordance with the provisions of the Agreement
and  the  Note  and  without  duplication  or  overlap:

A.     Accounts Availability per Formula     as per Borrowing Base definition in
the  Note  and  as  certified  on  the  attached  pass  through  Borrowing  Base
Certificate  to  Fifth  Third  Bank.
          $______________

B.     Equipment  Availability  per  Formula as per Borrowing Base definition in
the  Note  and  as  certified  on  the  attached  pass  through  Borrowing  Base
Certificate  to  Fifth  Third  Bank.
          $______________

C.     Non-Collateralized Availability as of the date first written above as per
the  Borrowing  Base  definition  in  the  Note
          $______________

D.     Total  Credit  Availability  per  Formula  (A+B+C)
$_____________

     Less  Outstanding  collateralized  debt  under  Note  (amounts  outstanding
pursuant  to  A+B  above)     $_____________

     Less  Outstanding  non-collateralized  debt under Note (amounts outstanding
pursuant  to  C  above)          $_____________

     Total  Amounts  Outstanding  prior  to  the  current  draw  request
$_____________

     EXCESS  (DEFICIT)  AVAILABILITY                              $_____________

     AMOUNT  OF  ADVANCE  REQUESTED  WITH  THIS  BORROWING  BASE  CERTIFICATE
$_____________

For  the  purposes  of  inducing  MVP  to  grant  Revolving Line of Credit Loans
pursuant  to  the  Note  and  Agreement,  we  hereby  certify that the foregoing
Borrowing  Base Certificate and the attached Borrowing Base Certificate to Fifth
Third  Bank is true and correct in all particulars and that there is no Event of
Default  or  event  which,  but for the passage of time or notice or both, would
constitute  an  Event  of  Default  under  the  Agreement  or  the  Note.

NeoGenomics,  Inc.,  a  Florida  corporation  ("Company")

By:__________________________________________
Title:_________________________________________
Dated:________________________________________

Borrowing  Base  Certificate  No.:____________SECURITY AGREEMENT
                               ------------------

Naples,  Florida     As  of  April  15,  2003

NEOGENOMICS,  INC.,  a  Florida  corporation  (hereinafter  the "Debtor") hereby
assign(s)  to  MVP 3, LP, a Delaware limited partnership for itself and as agent
for  any  affiliate  of  MVP (hereinafter the "Secured Party") as collateral and
grant(s)  to  Secured  Party a security interest in and to all items of property
described  in  paragraph  2  of  this  Security  Agreement  (the  "Agreement").
Capitalized  terms  used herein but not defined shall have the meanings assigned
to  them  in  the  Loan  Agreement  (as  defined  below).

          1.     OBLIGATIONS:  This  assignment  of  collateral  and  grant  of
security  interest  shall  secure all loans, advances, indebtedness and each and
every  other  obligation  or  liability  of Debtor owed to Secured Party and any
affiliate  thereof,  however created, of every kind and description, whether now
existing  or  hereafter  arising  and  whether direct or indirect, primary or as
guarantor or surety, absolute or contingent, due or to become due, liquidated or
unliquidated, matured or unmatured, participated in whole or in part, created by
trust  agreement,  lease,  overdraft,  agreement,  or  otherwise, whether or not
secured  by additional collateral, whether originated with Secured Party or owed
to  others  and  acquired by Secured Party by purchase, assignment or otherwise,
and  including,  without  limitation, all loans, advances, indebtedness and each
and  every  other  obligation  or  liability arising under that certain Loan and
Security  Agreement  ("Loan Agreement") between and among Secured Party, Debtor,
and  Neogenomics, Inc. a Nevada corporation and the parent of Debtor ("Parent"),
that  certain  Note  from Borrower to Secured Party dated of even date herewith,
loans,  advances  and/or  letters  of  credit now or hereafter issued by Secured
Party  or any affiliate of MVP for the benefit of or at the request of Debtor or
Parent,  all  obligations  to  perform  or forbear from performing acts, and all
agreements,  instruments  and  documents  evidencing, guarantying or securing or
otherwise  executed  in  connection with any of the foregoing, together with any
amendments,  modifications,  and  restatements  thereof,  and  all  expenses and
attorneys'  fees  incurred  or  other  sums  disbursed  by  Secured Party or any
affiliate  of  Fifth  Third  Bancorp under this Agreement or any other document,
instrument  or  agreement  related  to  any  of  the foregoing (collectively the
"Obligations")  The  parties  hereto  acknowledge  and  agree  that the security
interest  granted  hereto  is  subordinate  to  the  security  interest  in  the
Collateral  previously  granted  to Fifth Third Bancorp pursuant to that certain
Loan  and  Security  Agreement,  dated  as  of  the  date  hereof, by and among,
Borrower,  Secured Party, Debtor and certain other individuals (the "Fifth Third
Loan  Agreement"),  and to any future security interests which may be granted to
Fifth  Third  Bancorp  or  its  affiliates  .
..

     2.     COLLATERAL:  The  collateral hereby assigned and in which a security
interest  is granted includes that collateral now existing and hereafter arising
or  acquired  by  Debtor,  regardless  of where it is located, and is defined as
follows  (together  with all proceeds and products thereof and all additions and
accession  thereto,  replacements  thereof,  supporting  obligations  therefor,
guaranties  thereof,  insurance  or  condemnation  proceeds  thereof,  documents
related  thereto,  all  sales  of  accounts  constituting  a  right  to  payment
therefrom,  all tort or other claims against third parties arising out of damage
thereto  or destruction thereof, all property received wholly or partly in trade
or  exchange  thereof,  all fixtures attached or appurtenant thereto, all leases
thereof,  and all rents, revenues, issues, profits and proceeds arising from the
sale,  lease,  license,  encumbrance,  collection  or  any  other  temporary  or
permanent  disposition thereof, or any other interest therein, collectively, the
"Collateral"):

a.     All  Accounts, all Inventory, all Equipment, all General Intangibles, all
Investment  Property;

b.     all  instruments,  chattel  paper,  electronic  chattel paper, documents,
securities, moneys, cash, letters of credit, letter of credit rights, promissory
notes,  warrants,  dividends,  distributions, commercial tort claims, contracts,
agreements,  contract  rights  or  other  property,  owned by Debtor or in which
Debtor  has  an  interest,  including but not limited to, those which are now or
hereafter in the possession or control of Secured Party or in transit by mail or
carrier  to  or in the possession of any third party acting on behalf of Secured
Party,  without regard to whether Secured Party received the same in pledge, for
safekeeping,  as  agent  for  collection or transmission or otherwise or whether
Secured Party had conditionally released the same, and the proceeds thereof, all
rights  to  payment  from, and all claims against Secured Party, and any deposit
accounts  of  Debtor  with  Secured  Party, including all demand, time, savings,
passbook  or  other  accounts  and  all  deposits  therein;

c.     all assets and personal property now owned or hereafter acquired; all now
owned  and  hereafter  acquired inventory, equipment, fixtures, goods, accounts,
chattel  paper,  documents,  instruments,  farm  products,  general intangibles,
supporting  obligations,  software, and all rents, issues, profits, products and
proceeds  thereof,  wherever  any  of  the  foregoing  is  located;

d.     INTENTIONALLY  DELETED;
       -----------------------

e.     INTENTIONALLY  DELETED;  and
       -----------------------

     3.     DEFINITIONS:  Capitalized  terms  not  otherwise  defined  in  this
Agreement  shall  have the meanings attributed thereto in the applicable version
of  the  Uniform  Commercial  Code  adopted  in  the  state  of Florida, as such
definitions  may  be  enlarged  or  expanded  from  time  to time by legislative
amendment  thereto or judicial decision (the "Uniform Commercial Code"). As used
herein  the  following  capitalized  terms  will  have  the  following meanings:

     (a)     "Accounts"  means  all  accounts,  accounts  receivable,
health-care-insurance  receivables,  credit  card  receivables, contract rights,
instruments,  documents, chattel paper, tax refunds from federal, state or local
governments  and  all obligations in any form including without limitation those
arising  out  of  the  sale  or  lease  of goods or the retention of services by
Debtor;  all  guaranties,  letters  of  credit and other security and supporting
obligations  for  any  of the above; all merchandise returned to or reclaimed by
Debtor;  and  all books and records (including computer programs, tapes and data
processing  software)  evidencing  an  interest in or relating to the above; all
winnings in a lottery or other game of chance operated by a governmental unit or
person  licensed  to  operate such game by a governmental unit and all rights to
payment therefrom; and all "Accounts" as same is now or hereafter defined in the
Uniform  Commercial  Code.

     (b)     "Equipment"  means all goods (excluding inventory, farm products or
consumer  goods),  machinery,  machine  tools,  equipment,  fixtures,  office
equipment,  furniture,  furnishings, motors, motor vehicles, tools, dies, parts,
jigs,  goods  (including, without limitation, each of the items of equipment set
forth  on  any schedule which is either now or in the future attached to Secured
Party's  copy  of this Agreement), and all attachments, accessories, accessions,
replacements,  substitutions,  additions  and  improvements  thereto,  and  all
supplies  used or useful in connection therewith, and all "Equipment" as same is
now  or  hereafter  defined  in  the  Uniform  Commercial  Code.

     (c)     "General  Intangibles"  means  all  general  intangibles, choses in
action,  causes  of  action, obligations or indebtedness owed to Debtor from any
source  whatsoever,  payment  intangibles,  software  and  all  other intangible
personal  property  of  every  kind  and  nature (other than Accounts) including
without  limitation  patents, trademarks, trade names, service marks, copyrights
and  applications  for  any of the above, and goodwill, trade secrets, licenses,
franchises,  rights  under  agreements,  tax  refund  claims,  and all books and
records  including  all  computer  programs,  disks,  tapes, printouts, customer
lists,  credit files and other business and financial records, and the equipment
containing any such information, and all "General Intangibles" as same is now or
hereafter  defined  in  the  Uniform  Commercial  Code.

     (d)     "Inventory"  means  all  goods,  supplies,  wares, merchandises and
other  tangible  personal  property,  including  raw materials, work in process,
supplies  and components, and finished goods, whether held for sale or lease, or
furnished or to be furnished under any contract for service, or used or consumed
in business, and also including products of and accessions to inventory, packing
and  shipping  materials,  and  all  documents  of  title, whether negotiable or
non-negotiable,  representing  any of the foregoing, and all "Inventory" as same
is  now  or  hereafter  defined  in  the  Uniform  Commercial  Code.

     (e)     "Investment  Property"  means  a  security, whether certificated or
uncertificated,  security entitlement, securities account, commodity contract or
commodity  account  and  all  "Investment  Property" as same is now or hereafter
defined  in  the  Uniform  Commercial  Code.

     4.     WARRANTIES  AS  TO  DEBTOR: Debtor hereby represents and warrants to
Secured  Party  as  follows:

     (a)     That  he/she/it  is/are  a(n)  _____  individual;  _____  limited
partnership;  _____  limited  liability  company; __x__ corporation; _____ other
                                                    -
(specify)  with  a primary residence or principal place of business, as the case
may  be,  located at the address otherwise set forth herein, and is organized in
the  State  of  Florida,  license  number  _______  (if  applicable).

     (b)     Debtor  further  warrants that its exact legal name is set forth in
the  initial  paragraph  of  this  Agreement,  and  its  Taxpayer  I.D.  No.  is
###-##-####.
          --

     (c)     Exhibit  B,  attached  to this Agreement and incorporated herein by
             ----------
reference,  lists  the  locations  of  any  and all of the Collateral of Debtor.

     5.     WARRANTIES  AS  TO COLLATERAL: Debtor hereby represents and warrants
to  Secured  Party  that:

     (a)     Except for the security interest granted to Fifth Third pursuant to
the  Fifth  Third  Loan  Agreement,  Permitted Liens, and the security agreement
hereby granted, Debtor is, and as to any property which at any time forms a part
of  the  Collateral, shall be, the sole owner of, with good and marketable title
in,  each  and  every  item  of the Collateral, or otherwise shall have the full
right  and  power  to grant a security interest in the Collateral, free from any
lien,  security  interest  or  encumbrance  whatsoever;

     (b)     Each  item  of  Collateral  is,  and  shall  be,  valid,  and  all
information  furnished  to  Secured  Party with regard thereto is, and shall be,
accurate  and  correct  in  all  respects  when  furnished;

     (c)     None  of  the  Collateral  shall  be  sold,  assigned, transferred,
discounted,  hypothecated,  or  otherwise  subjected to any lien, encumbrance or
security interest (except for Permitted Liens, liens in favor of Borrower and/or
Fifth  Third, or as otherwise expressly permitted under the Loan Agreement), and
that Debtor shall defend such Collateral and each and every part thereof against
claims  of  all  persons  at  any  time claiming such Collateral or claiming any
interest  therein  adverse  to  Secured  Party;

     (d)     The  provisions of this Agreement are sufficient to create in favor
of  Secured  Party  a valid and continuing lien on, and second security interest
in, the types of Collateral in which a security interest may be perfected by the
filing  of  UCC Financing Statements, and when such UCC Financing Statements are
filed  in  the requisite filing offices, and the requisite filing fees are paid,
such  filings  shall be sufficient to perfect such security interest (other than
Equipment  affixed  to  real  property  so  as  to  become  fixtures);

     (e)     If  any  of the Collateral is or will be attached to real estate in
such  a manner as to become a fixture under applicable state law, that said real
estate  is  not  encumbered  in  any  way, or if said real estate is encumbered,
Debtor  will  secure  from  the lien holder or the party in whose favor it is or
will  become  so  encumbered  a  written acknowledgment and subordination to the
security  interest hereby granted or a written disclaimer of any interest in the
Collateral,  in  such  form  as  is  acceptable  to  Secured  Party.

     (f)     The  financial  statements  of  Debtor  dated December 31, 2002 and
heretofore  submitted to the Secured Party are true and correct and there are no
material  adverse  changes  in the conditions, financial or otherwise, of Debtor
since  the  date  of  said  financial  statements.

     6.     DEBTOR'S  RESPONSIBILITIES:  Debtor covenants with, and warrants to,
Secured  Party  that  Debtor  shall:

     (a)     Furnish  to  Secured  Party,  in  writing,  a  current  list of all
Collateral  for  the purpose of identifying the Collateral and, further, execute
and  deliver  such  supplemental  instruments, documents, agreements and chattel
paper,  in  the form of assignments or otherwise, as Secured Party shall require
for  the purpose of confirming and perfecting, and continuing the perfection of,
Secured  Party's  security  interest  in any or all of such Collateral, or as is
necessary  to  provide  Secured  Party  with  control over the Collateral or any
portion  thereof;

     (b)     At its expense and upon request of Secured Party, furnish copies of
invoices  issued  by  Debtor  in  connection  with  the  Collateral,  furnish
certificates  of  insurance evidencing insurance on Collateral, furnish proof of
payment of taxes and assessments on Collateral, make available to Secured Party,
any  and  all  of  Debtor's  books,  records, written memoranda, correspondence,
purchase  orders,  invoices  and  other  instruments or writings that in any way
evidence  or  relate  to  the  Collateral;

     (c)     Keep  the  Collateral insured at all times against risks of loss or
damage  by  fire  (including  so-called extended coverage), theft and such other
casualties  including  collision  in  the case of any motor vehicle, all in such
amounts,  under  such  forms  of policies, upon such terms, for such periods and
written  by such companies or underwriters as is customary with companies in the
same  or  similar  business  and written by such companies or underwriters as is
satisfactory  to  Secured Party. In all cases losses shall be payable to Secured
Party  and  any  surplusage  shall  be paid to Debtor. All policies of insurance
shall provide for at least thirty (30) days prior written notice of cancellation
to  Secured  Party.  Should  Debtor  at  any  time  fail to purchase or maintain
insurance,  pay  taxes,  or pay for any expense, incident or such insurance, pay
such  taxes, order and pay for such necessary items of preservation, maintenance
or  protection,  and  Debtor  agrees to reimburse Secured Party for all expenses
incurred  under  this  paragraph;

     (d)     Pay  all  taxes  or  assessments  imposed on or with respect to the
Collateral;

     (e)     Keep all of the Collateral in good condition and repair, protecting
it  from  weather  and  other  contingencies  which might adversely affect it as
secured  hereunder;

     (f)     Notify  Secured  Party  immediately  in  writing of any information
which  Debtor  has  or  may  receive which might in any way adversely affect the
value  of  the  Collateral  or the rights of Secured Party with respect thereto;

     (g)     Notify  Secured  Party  promptly,  in writing, of any change in the
location  of  the Collateral or of any place of business or mailing addresses or
the  establishment  of  any  new  place  of  business  or  mailing  address;

     (h)     Pay  all costs of filing any financing, continuation or termination
statements  with  respect  to  the  security  interest  created  hereby;

     (i)     Upon  the  occurrence  of  an  Event  of  Default  or breach of any
provision of this Security Agreement, pay all expenses and reasonable attorneys'
fees  of  Secured  Party; and Debtor agrees that said expenses and fees shall be
secured  under  this  Agreement;

     (j)     Maintain  possession of all Collateral at the location disclosed to
Secured  Party  and  not  to  remove  the  Collateral  from  that  location;

     (k)     Not  sell, contract to sell, lease, encumber, or otherwise transfer
the  Collateral  (other than inventory in the ordinary course of business) until
the  Obligations  have been paid and performed, Debtor acknowledging nonetheless
that  Secured  Party has a security interest in the proceeds of such Collateral.

     (l)     Take  any  other  and  further  action  necessary  or  desirable as
requested  by  Secured Party to grant Secured Party control over the Collateral,
as  "control"  is  defined  in  the applicable version of the Uniform Commercial
Code,  including  without  limitation  (i)  executing  and/or authenticating any
assignments  or third party agreements; (ii) delivering, or causing the delivery
of,  any  of  the Collateral to the possession of Secured Party; (iii) obtaining
written  acknowledgments  of  the  lien  of  Secured  Party  and  agreements  of
subordination to such lien from third parties in possession of the Collateral in
a form acceptable to Secured Party. Debtor consents to and hereby authorizes any
third  party  in  an  authenticated  record or agreement between Debtor, Secured
Party,  and  the  third  party,  including  but  not  limited  to  depository
institutions,  securities  intermediaries,  and  issuers of letters of credit or
other  support obligations, to accept direction from Secured Party regarding the
maintenance  and  disposition  of  the  Collateral and the products and proceeds
thereof, and to enter into agreements with Secured Party regarding same, without
further  consent  of  the  Debtor.

     7.     ACCOUNTS  RECEIVABLE: Debtor hereby agrees that, notwithstanding the
fact  that  all  or  any  part  of  the Obligations is not matured and Debtor is
current  in  payment  according  to  the tenor of the Obligations, Secured Party
shall  have the absolute right to take any one or more of the following actions:

     (a)     Secured Party may serve written notice on Debtor instructing Debtor
to deliver to Secured Party all subsequent payments on accounts receivable which
Debtor  shall  do  until  notified  otherwise;

     (b)     Secured  Party  may  notify  the  account debtor(s) of its security
interest  and  instruct  such account debtor(s) to make further payments on such
accounts  to  Secured  Party  instead  of  to  Debtor;  and,

     (c)  Secured Party may serve written notice upon Debtor that all subsequent
billings  or  statements  of account rendered to any account debtor shall bear a
notation  directing  the  account  debtor(s) to make payment directly to Secured
Party. Any payment received by Secured Party pursuant to this paragraph shall be
retained  in  a separate noninterest bearing account as security for the payment
and  performance  of  all  Obligations  of  Debtor.

     8.     POWER  OF  ATTORNEY:  Debtor  hereby makes, constitutes and appoints
Secured  Party  its  true and lawful attorney-in-fact to act, with full power of
substitution,  with  respect  to  the  Collateral,  in  any  transaction,  legal
proceeding,  or  other  matter in which Secured Party is acting pursuant to this
Agreement, including, but not limited to executing, authenticating and/or filing
on its behalf: (i) UCC Financing Statements reflecting the lien of Secured Party
upon the Collateral and any other documents necessary or desirable to perfect or
otherwise  continue  the  security  interest  granted herein; and (ii) any third
party  agreements  or  assignments  to  grant  Secured  Party  control  over the
Collateral,  including but not limited to third party agreements between Debtor,
Secured  Party,  and  depository  institutions,  securities  intermediaries, and
issuers  of  letters  of  credit or other support obligations, which third party
agreements  direct  the  third  party  to  accept  direction  from Secured Party
regarding the maintenance and disposition of the Collateral and the products and
proceeds  thereof.

     9.     EVENTS  OF  DEFAULT:  Any  Event of Default under the Loan Agreement
shall  constitute  an  Event  of  Default  under  this  Security  Agreement.

     10.     REMEDIES.  Upon  the occurrence and until the waiver of an Event of
Default, Secured Party may, without further notice to Debtor, at Secured Party's
option, declare any note and all of the Obligations to become due and payable in
its  aggregate  amount;  provided  that  the  Obligations  shall  be accelerated
automatically  and  immediately  if  the  Event of Default is a filing under the
Bankruptcy  Code.  Secured  Party  may  resort  to  the rights and remedies of a
secured  party  under  the Uniform Commercial Code, including but not limited to
the  right  of  a  secured  party  to  (a) enter any premises of Debtor, with or
without  legal  process  and take possession of the Collateral and remove it and
any records pertaining thereto and/or remain on such premises and use it for the
purpose  of  collecting,  preparing  and  disposing of the Collateral; (b) ship,
reclaim,  recover,  store,  finish,  maintain and repair the Collateral; and (c)
sell  the Collateral at public or private sale. Debtor will be credited with the
net proceeds of such sale only when they are actually received by Secured Party,
and  any  requirement  of reasonable notice of any disposition of the Collateral
will  be  satisfied  if  such  notice  is  sent  to Debtor 10 days prior to such
disposition.  Debtor will, upon request, assemble the Collateral and any records
pertaining  thereto  and  make  them  available at a place designated by Secured
Party.  Secured Party may use, in connection with any assembly or disposition of
the  Collateral, any trademark, trade name, tradestyle, copyright, patent right,
trade  secret  or  technical  process  used or utilized by Debtor. No remedy set
forth herein is exclusive of any other available remedy or remedies, but each is
cumulative and in addition to every other remedy given under this Agreement, and
of  the  Obligations,  or  now  or  hereafter existing at law or in equity or by
statute.  Secured  Party  may  proceed  to  protect and enforce its rights by an
action  at law, in equity or by any other appropriate proceedings. No failure on
the part of Secured Party to enforce any of the rights hereunder shall be deemed
a waiver of such rights or of any Event of Default and no waiver of any Event of
Default  shall  be  deemed  to  be  a waiver of any subsequent Event of Default.

     11.     MISCELLANEOUS  PROVISIONS:

     (a)     All  rights  of  Secured  Party  shall  inure to the benefit of its
successors  and  assigns  and  all  obligations  of Debtor shall bind the heirs,
executors,  administrators,  successors  and  assigns  of  Debtor.

     (b)     Debtor  acknowledges  and  agrees that, in addition to the security
interests granted herein, Secured Party has a banker's lien and common law right
of  set-off  in  and  to Debtor's deposits, accounts and credits held by Secured
Party and Secured Party may apply or set off such deposits or other sums against
the  Obligations  upon  the  occurrence  of  an Event of Default as set forth in
paragraph  10  of  this  Agreement.

     (c)     This  Agreement contains the entire Agreement of the parties and no
oral Agreement whatsoever, whether made contemporaneously herewith or hereafter,
shall  amend,  modify  or  otherwise  affect  the  terms  of  this  Agreement.

     (d)     All  rights and liabilities hereunder shall be governed and limited
by  and  construed  in  accordance  with  the  laws  of  the  State  of Florida.

     (e)     Any provision herein which may prove limited or unenforceable under
any  law  or  judicial ruling shall not affect the validity or enforceability of
the  remainder  of  this  Agreement.

     (f)     Debtor  hereby  authorizes  Secured  Party  to  file a copy of this
Agreement  as a Financing Statement with appropriate county and state government
authorities  necessary  to  perfect  Secured  Party's  security  interest in the
Collateral  as  set forth herein. Debtor hereby further authorizes Secured Party
to  file  UCC  Financing  Statements  on behalf of Debtor and Secured Party with
respect  to  the  Collateral.

SECURED  PARTY:     DEBTOR:

MVP  3,  L.P.,  a  Delaware limited partnership
corporation

By  MEDICAL  VENTURES  PARTNERS
LLC.  a  Delaware  limited  liability  company,
its  general  partner,

By:  _______________________________
Steven  Jones,  Member

NEOGENOMICS, INC., a Florida

By:  _______________________________
Michael  Dent,  President  and  Chief  Executive  Officer

<PAGE>
                                    EXHIBIT A
                                    ---------

                                LEGAL DESCRIPTION
                                -----------------

                                      None.

<PAGE>
                                    EXHIBIT B
                                    ---------

1726  Medical  Blvd.,  Suite  101,  Naples,  Florida  34110

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