Document:

SUBSCRIPTION AGREEMENT

      THIS  SUBSCRIPTION  AGREEMENT  (this  "Agreement"),  dated  as of May 9,
2005, by and among Bidville,  Inc., a Nevada corporation (the "Company"),  and
Delmount  International  Ltd.,  Road Town,  P.O. Box 3159,  Tortola,  BVI (the
"Subscriber").

      WHEREAS,  the Company and the Subscriber are executing and delivering this
Agreement in reliance upon an exemption from securities registration afforded by
the  provisions of Section 4(2),  Section 4(6) and/or  Regulation D ("Regulation
D") as promulgated by the United States Securities and Exchange  Commission (the
"Commission") under the Securities Act of 1933, as amended (the "1933 Act").

      WHEREAS,  the  parties  desire  that,  upon the terms and  subject  to the
conditions contained herein, the Company shall issue and sell to the Subscriber,
as provided herein, and the Subscriber,  shall purchase Two Million Five Hundred
Thousand  Dollars  ($2,500,000)  (the "Purchase  Price") of principal  amount of
Series A Preferred Stock of the Company  ("Preferred Stock") with the rights and
privileges set forth in the  Certificate  of Designation  creating the Preferred
Stock (in the form annexed hereto as Exhibit 1) in ten separate  closings of 250
shares of  Preferred  Stock per  Closing  as more fully  described  in Section 1
herein.  Each  share  of  Preferred  Stock is  convertible  into  shares  of the
Company's  common stock, $ 0.001 par value (the "Common  Stock") at a conversion
price of $0.60  (such that each share of  Preferred  Stock is  convertible  into
1,667  shares  of  Common  Stock),  and  Common  Stock  purchase  warrants  (the
"Warrants")  in the form  attached  hereto as Exhibit 2, to  purchase  shares of
Common Stock (the "Warrant Shares"). The Preferred Stock, shares of Common Stock
issuable upon conversion of the Preferred Stock (the "Shares"), the Warrants and
the Warrant Shares are collectively referred to herein as the "Securities."

      NOW,  THEREFORE,  in  consideration  of the  mutual  covenants  and  other
agreements  contained in this  Agreement the Company and the  Subscriber  hereby
agree as follows:

      1. Closing.

            (a)  Subject  to  the  satisfaction  or  waiver  of  the  terms  and
conditions  of this  Agreement,  on each of May 9, 2005,  May 16, 2005,  May 23,
2005, June 6, 2005, June 20, 2005, July 5, 2005, July 18, 2005,  August 1, 2005,
August  15,  2005  and  August  29,  2005  (each  hereinafter  individually  and
collectively  referred to as the "Closing Date"),  the Subscriber shall purchase
and the Company shall sell to the Subscriber 250 shares of Preferred  Stock at a
price of One Thousand  ($1,000)  Dollars per share of Preferred  Stock,  and the
amount  of  Warrants  determined  pursuant  to  Section 2 below.  The  aggregate
principal amount of the Preferred Stock to be purchased by the Subscriber on the
Closing Date shall, in the aggregate, be equal to the Purchase Price.

            (b) In the event the  Subscriber has complied with the terms of this
Agreement  and each of the 10 Closing  Dates has occurred  pursuant to the terms
herein,  the  Subscriber  shall have the option to purchase an additional  1,000
shares of  Preferred  Stock (for a purchase  price of One  Million  ($1,000,000)
Dollars).  The Option and the  closing  of the  Option  must occur  prior to the
earlier of  September  26, 2005 or 28 days after  receiving  the notice that the
registration  statement  covering  the  resale of the  shares  of  Common  Stock
underlying  the  Preferred  Stock  and the  Warrant  Shares  has  been  declared
effective (which shall be deemed a "Closing Date").

            (c) The Company shall notify the  Subscriber in writing  immediately
after the  registration  statement  covering  the resale of the shares of Common
Stock  underlying  the Preferred  Stock and the Warrant Shares has been declared
effective.  Within 14  calendar  days after such  notice  the  Subscriber  shall
purchase and the Company shall sell the remaining  shares of Preferred Stock and
Warrants in the Closing  Dates in  SubSection  (a) above which have not yet then
occurred.

                                       1
(Subscription Agreement)

<PAGE>

      2.  Warrants.  On the initial  Closing  Date,  the Company  will issue and
deliver a Warrant to the Subscriber to purchase up to 3,500,000 common shares in
the form annexed hereto as Exhibit 2.

      3.  Subscriber's  Representations  and Warranties.  The Subscriber  hereby
represents  and  warrants  to and  agrees  with  the  Company  only  as to  such
Subscriber that:

            (a) Organization and Standing of the Subscriber. The Subscriber is a
corporation, partnership or other entity duly incorporated or organized, validly
existing  and in  good  standing  under  the  laws  of the  jurisdiction  of its
incorporation or organization.

            (b)  Authorization and Power. The Subscriber has the requisite power
and  authority  to enter into and perform  this  Agreement  and to purchase  the
Preferred Stock and Warrants being sold to it hereunder. The execution, delivery
and performance of this Agreement by such Subscriber and the  consummation by it
of the transactions contemplated hereby and thereby have been duly authorized by
all  necessary  corporate  or  partnership  action,  and no  further  consent or
authorization  of such  Subscriber  or its  Board  of  Directors,  stockholders,
partners, members, as the case may be, is required. This Agreement has been duly
authorized,  executed and delivered by such Subscriber and constitutes, or shall
constitute  when executed and delivered,  a valid and binding  obligation of the
Subscriber  enforceable  against the  Subscriber  in  accordance  with the terms
thereof.

            (c) No Conflicts.  The execution,  delivery and  performance of this
Agreement  and  the   consummation   by  the  Subscriber  of  the   transactions
contemplated  hereby  or  relating  hereto  do not and will not (i)  result in a
violation   of  such   Subscriber's   charter   documents  or  bylaws  or  other
organizational  documents or (ii) conflict  with, or constitute a default (or an
event which with notice or lapse of time or both would become a default)  under,
or  give to  others  any  rights  of  termination,  amendment,  acceleration  or
cancellation  of any  agreement,  indenture or instrument or obligation to which
the  Subscriber is a party or by which its  properties  or assets are bound,  or
result in a violation of any law, rule, or regulation, or any order, judgment or
decree of any court or governmental  agency  applicable to the Subscriber or its
properties  (except for such  conflicts,  defaults and  violations as would not,
individually  or in the  aggregate,  have a  material  adverse  effect  on  such
Subscriber). The Subscriber is not required to obtain any consent, authorization
or order of, or make any filing or registration  with, any court or governmental
agency in order for it to  execute,  deliver or perform  any of its  obligations
under this Agreement or to purchase the Preferred  Stock or acquire the Warrants
in  accordance  with  the  terms  hereof,  provided  that  for  purposes  of the
representation  made in this  sentence,  the  Subscriber is assuming and relying
upon the accuracy of the relevant  representations and agreements of the Company
herein.

            (d)  Information on Company.  The Subscriber has been furnished with
or has had access at the EDGAR Website of the  Commission to the Company's  Form
10-KSB  for the year  ended  December  31,  2004 as filed  with the  Commission,
together with all  subsequently  filed Forms 10-QSB,  8-K, and filings made with
the  Commission  available  at  the  EDGAR  website  (hereinafter   referred  to
collectively  as the  "Reports").  In addition,  the  Subscriber has received in
writing  from the Company  such other  information  concerning  its  operations,
financial condition and other matters as the Subscriber has requested in writing
(such other information is collectively,  the "Other Written Information"),  and
considered  all  factors  the  Subscriber  deems  material  in  deciding  on the
advisability of investing in the Securities.

                                       2

(Subscription Agreement)

<PAGE>

            (e) Information on Subscriber. The Subscriber is, and will be at the
time of the conversion of the Preferred  Stock and exercise of the Warrants,  an
"accredited  investor",  as such term is defined in Regulation D promulgated  by
the Commission  under the 1933 Act, is  experienced in investments  and business
matters,  has  made  investments  of a  speculative  nature  and  has  purchased
securities of United States  publicly-owned  companies in private  placements in
the past and, with its  representatives,  has such  knowledge and  experience in
financial, tax and other business matters as to enable the Subscriber to utilize
the  information  made available by the Company to evaluate the merits and risks
of and to make an informed  investment  decision  with  respect to the  proposed
purchase,  which  represents a speculative  investment.  The  Subscriber has the
authority and is duly and legally  qualified to purchase and own the Securities.
The  Subscriber  is able to bear the risk of such  investment  for an indefinite
period and to afford a complete loss thereof.  The  information set forth on the
signature page hereto  regarding the  Subscriber is accurate.  The Subscriber is
not  required  to be  registered  as a  broker-dealer  under  Section  15 of the
Securities  Exchange Act of 1934, as amended (the "1934 Act") and the Subscriber
is not a broker-dealer.

            (f) Purchase of Preferred  Stock and Warrants.  On the Closing Date,
the Subscriber  will purchase the Preferred  Stock and Warrants as principal for
its own account for investment only and not with a view toward, or for resale in
connection with, the public sale or any distribution thereof. Upon the execution
of this Agreement the Subscriber acknowledges and agrees that its obligations to
purchase  the  Preferred  Stock and  Warrants as set forth herein is binding and
non-revocable.

            (g) Compliance with  Securities Act. The Subscriber  understands and
agrees that the Securities  have not been  registered  under the 1933 Act or any
applicable  state  securities laws, by reason of their issuance in a transaction
that does not  require  registration  under  the 1933 Act  (based in part on the
accuracy of the representations and warranties of Subscriber  contained herein),
and  that  such  Securities  must  be  held  indefinitely  unless  a  subsequent
disposition is registered  under the 1933 Act or any applicable state securities
laws or is exempt from such registration.

            (h) Shares Legend.  The Shares and the Warrant Shares shall bear the
following or similar legend:

            "THE SHARES  REPRESENTED  BY THIS  CERTIFICATE  HAVE NOT
            BEEN  REGISTERED  UNDER THE  SECURITIES  ACT OF 1933, AS
            AMENDED. THESE SHARES MAY NOT BE SOLD, OFFERED FOR SALE,
            PLEDGED OR  HYPOTHECATED  IN THE ABSENCE OF AN EFFECTIVE
            REGISTRATION  STATEMENT UNDER SUCH SECURITIES ACT OR ANY
            APPLICABLE STATE SECURITIES LAW OR AN OPINION OF COUNSEL
            REASONABLY  SATISFACTORY  TO  BIDVILLE,  INC.  THAT SUCH
            REGISTRATION IS NOT REQUIRED."

                                       3

(Subscription Agreement)

<PAGE>

            (i)  Warrants  Legend.  The  Warrants  shall bear the  following  or
similar legend:

            "THIS  WARRANT AND THE SHARES OF COMMON  STOCK  ISSUABLE
            UPON  EXERCISE OF THIS WARRANT HAVE NOT BEEN  REGISTERED
            UNDER  THE  SECURITIES  ACT OF 1933,  AS  AMENDED.  THIS
            WARRANT  AND THE SHARES OF COMMON  STOCK  ISSUABLE  UPON
            EXERCISE OF THIS  WARRANT  MAY NOT BE SOLD,  OFFERED FOR
            SALE,  PLEDGED  OR  HYPOTHECATED  IN THE  ABSENCE  OF AN
            EFFECTIVE  REGISTRATION  STATEMENT  AS TO  THIS  WARRANT
            UNDER SAID ACT OR ANY APPLICABLE STATE SECURITIES LAW OR
            AN  OPINION  OF  COUNSEL   REASONABLY   SATISFACTORY  TO
            BIDVILLE, INC. THAT SUCH REGISTRATION IS NOT REQUIRED."

             (j)  Communication  of Offer.  The offer to sell the Securities was
directly  communicated  to the  Subscriber  by the  Company.  At no time was the
Subscriber  presented  with or solicited  by any leaflet,  newspaper or magazine
article,  radio  or  television  advertisement,  or any  other  form of  general
advertising  or solicited or invited to attend a promotional  meeting  otherwise
than in connection and concurrently with such communicated offer.

             (k) Authority;  Enforceability. This Agreement and other agreements
delivered together with this Agreement or in connection  herewith have been duly
authorized,  executed and delivered by the  Subscriber and are valid and binding
agreements  enforceable in accordance  with their terms,  subject to bankruptcy,
insolvency, fraudulent transfer, reorganization,  moratorium and similar laws of
general  applicability  relating to or affecting creditors' rights generally and
to general principles of equity; and the Subscriber has full corporate power and
authority  necessary to enter into this Agreement and such other  agreements and
to perform its obligations hereunder and under all other agreements entered into
by the Subscriber relating hereto.

            (l)  Restricted   Securities.   Subscriber   understands   that  the
Securities have not been registered  under the 1933 Act and such Subscriber will
not sell, offer to sell, assign,  pledge,  hypothecate or otherwise transfer any
of the Securities unless pursuant to an effective  registration  statement under
the 1933 Act.
            (m) No  Governmental  Review.  The  Subscriber  understands  that no
United States federal or state agency or any other  governmental or state agency
has passed on or made  recommendations  or  endorsement of the Securities or the
suitability  of the  investment  in the  Securities,  nor have such  authorities
passed upon or endorsed the merits of the offering of the Securities.

            (n) No Market  Manipulation.  The Subscriber has not taken, and will
not take,  directly  or  indirectly,  any  action  designed  to,  or that  might
reasonably be expected to, cause or result in  stabilization  or manipulation of
the price of the Common Stock to facilitate the sale or resale of the Securities
or affect the price at which the Securities may be issued or resold.

            (o) Correctness of Representations.  The Subscriber  represents that
the foregoing representations and warranties are true and correct as of the date
hereof and, unless the Subscriber  otherwise  notifies the Company prior to each
Closing Date shall be true and correct as of each Closing Date.

            (p) Survival.  The foregoing  representations  and warranties  shall
survive the Closing Date for a period of three years.

                                       4

(Subscription Agreement)

<PAGE>

      4.  Company  Representations  and  Warranties.  Except as set forth in the
Disclosure Schedule and the Reports,  the Company represents and warrants to and
agrees with each Subscriber that:

            (a) Due Incorporation.  The Company is a corporation duly organized,
validly  existing and in good standing under the laws of the jurisdiction of its
incorporation and has the requisite corporate power to own its properties and to
carry  on its  business  is  disclosed  in the  Reports  . The  Company  is duly
qualified as a foreign  corporation  to do business  and is in good  standing in
each jurisdiction  where the nature of the business  conducted or property owned
by it makes such  qualification  necessary,  other than those  jurisdictions  in
which the failure to so qualify would not have a Material  Adverse  Effect.  For
purpose of this  Agreement,  a "Material  Adverse  Effect" shall mean a material
adverse effect on the financial condition, results of operations,  properties or
business of the Company taken as a whole.

            (b) Outstanding  Stock. All issued and outstanding shares of capital
stock of the Company has been duly  authorized  and validly issued and are fully
paid and nonassessable.

            (c) Authority;  Enforceability. This Agreement, the Preferred Stock,
and  the  Warrants,  and any  other  agreements  delivered  together  with  this
Agreement or in connection herewith (collectively  "Transaction Documents") have
been duly  authorized,  executed and  delivered by the Company and are valid and
binding  agreements  enforceable  in  accordance  with their  terms,  subject to
bankruptcy,  insolvency,  fraudulent  transfer,  reorganization,  moratorium and
similar laws of general applicability relating to or affecting creditors' rights
generally and to general  principles of equity.  The Company has full  corporate
power  and  authority  necessary  to enter  into  and  deliver  the  Transaction
Documents and to perform its obligations thereunder.

            (d) Additional  Issuances.  There are no  outstanding  agreements or
preemptive or similar rights  affecting the Company's common stock or equity and
no  outstanding   rights,   warrants  or  options  to  acquire,  or  instruments
convertible  into or  exchangeable  for, or  agreements or  understandings  with
respect to the sale or issuance  of any shares of common  stock or equity of the
Company or other  equity  interest  in any of the  Subsidiaries  of the  Company
except as described on Schedule 4(d).

            (e) Consents.  No consent,  approval,  authorization or order of any
court,  governmental  agency or body or arbitrator having  jurisdiction over the
Company,  or any  of its  Affiliates,  the  Bulletin  Board  nor  the  Company's
shareholders  is required for the  execution  by the Company of the  Transaction
Documents and compliance and performance by the Company of its obligations under
the Transaction Documents,  including, without limitation, the issuance and sale
of the Securities.

            (f) No  Violation  or Conflict.  Assuming  the  representations  and
warranties  of the  Subscriber  in Section 4 are true and  correct,  neither the
issuance  and  sale of the  Securities  nor  the  performance  of the  Company's
obligations  under this Agreement and all other  agreements  entered into by the
Company relating thereto by the Company will:

                  (i)  violate,  conflict  with,  result  in  a  breach  of,  or
constitute  a default  (or an event which with the giving of notice or the lapse
of time or both would be reasonably  likely to  constitute a default)  under (A)
the articles or certificate of incorporation,  charter or bylaws of the Company,
(B) to the Company's knowledge, any decree, judgment,  order, law, treaty, rule,
regulation or determination applicable to the Company of any court, governmental
agency or body, or arbitrator  having  jurisdiction over the Company or over the
properties or assets of the Company or any of its  Affiliates,  (C) the terms of
any  bond,  debenture,  note  or any  other  evidence  of  indebtedness,  or any
agreement, stock option or other similar plan, indenture,  lease, mortgage, deed
of trust or other  instrument to which the Company or any of its Affiliates is a
party,  by which the Company or any of its Affiliates is bound,  or to which any
of the properties of the Company or any of its Affiliates is subject, or (D) the
terms of any  "lock-up"  or similar  provision  of any  underwriting  or similar
agreement to which the Company,  or any of its  Affiliates is a party except the
violation,  conflict,  breach,  or  default  of which  would not have a Material
Adverse Effect; or

                                       5
(Subscription Agreement)

<PAGE>

                  (ii) result in the creation or imposition of any lien,  charge
or encumbrance upon the Securities or any of the assets of the Company or any of
its Affiliates; or

                  (iii) result in the activation of any anti-dilution  rights or
a reset or repricing of any debt or security instrument of any other creditor or
equity holder of the Company,  nor result in the acceleration of the due date of
any obligation of the Company; or

                  (iv) result in the activation of any  piggy-back  registration
rights of any person or entity  holding  securities of the Company or having the
right to receive securities of the Company.

            (g) The Securities. The Securities upon issuance:

                  (i) are, or will be, free and clear of any security interests,
liens, claims or other encumbrances, subject to restrictions upon transfer under
the 1933 Act and any applicable state securities laws;

                  (ii) have been, or will be, duly and validly authorized and on
the date of issuance of the Shares and upon exercise of the Warrants, the Shares
and Warrant Shares will be duly and validly issued, fully paid and nonassessable
or if registered  pursuant to the 1933 Act, and resold  pursuant to an effective
registration statement will be free trading and unrestricted);

                  (iii) will not have been  issued or sold in  violation  of any
preemptive  or other  similar  rights of the  holders of any  securities  of the
Company;

                  (iv)  will  not  subject  the  holders   thereof  to  personal
liability by reason of being such holders; and

                  (v)   will not result in a violation  of Section 5 under the
1933 Act.

            (h) Litigation. There is no pending or, to the best knowledge of the
Company,  threatened action, suit, proceeding or investigation before any court,
governmental agency or body, or arbitrator having jurisdiction over the Company,
or any of its  Affiliates  that would affect the execution by the Company or the
performance by the Company of its obligations  under the Transaction  Documents.
Except as disclosed on the  Disclosure  Schedule or in the Reports,  there is no
pending  or, to the best  knowledge  of the  Company,  basis  for or  threatened
action, suit, proceeding or investigation before any court,  governmental agency
or body,  or  arbitrator  having  jurisdiction  over the Company,  or any of its
Affiliates  which  litigation  if  adversely  determined  would  have a Material
Adverse Effect.

            (i)  Reporting  Company.  The  Company  is a  publicly-held  company
subject to reporting  obligations pursuant to Section 13 of the 1934 Act and has
a class of common shares  registered  pursuant to Section 12(g) of the 1934 Act.
Pursuant to the  provisions  of the 1934 Act,  the Company has filed all reports
and other materials  required to be filed thereunder with the Commission  during
the preceding twelve months.

            (j) No Market Manipulation.  The Company and its Affiliates have not
taken,  and will not take,  directly or indirectly,  any action  designed to, or
that might  reasonably  be  expected  to,  cause or result in  stabilization  or
manipulation  of the price of the Common Stock to facilitate  the sale or resale
of the  Securities or affect the price at which the  Securities may be issued or
resold.

                                       6

(Subscription Agreement)

<PAGE>

            (k) Information Concerning Company. The Reports contain all material
information  relating to the Company and its operations and financial  condition
as of their  respective  dates which  information  is  required to be  disclosed
therein. Since the date of the financial statements included in the Reports, and
except as modified in the Other Written  Information or in the Schedules hereto,
there has been no Material  Adverse Event  relating to the  Company's  business,
financial condition or affairs not disclosed in the Reports.  The Reports do not
contain any untrue statement of a material fact or omit to state a material fact
required to be stated  therein or necessary to make the  statements  therein not
misleading in light of the circumstances when made.

            (l)  Defaults.  The Company is not in  violation  of its articles of
incorporation or bylaws. The Company is (i) not in default under or in violation
of any other material agreement or instrument to which it is a party or by which
it or any of its  properties  are bound or affected,  which default or violation
would have a Material  Adverse  Effect,  (ii) not in default with respect to any
order of any court,  arbitrator or  governmental  body or subject to or party to
any order of any court or governmental authority arising out of any action, suit
or proceeding  under any statute or other law  respecting  antitrust,  monopoly,
restraint  of trade,  unfair  competition  or similar  matters,  or (iii) to the
Company's  knowledge not in violation of any statute,  rule or regulation of any
governmental authority which violation would have a Material Adverse Effect.

            (m) No  Integrated  Offering.  Neither the  Company,  nor any of its
Affiliates,  nor any  person  acting on its or their  behalf,  has  directly  or
indirectly  made any offers or sales of any security or solicited  any offers to
buy  any  security  under  circumstances  that  would  cause  the  offer  of the
Securities  pursuant to this Agreement to be integrated  with prior offerings by
the Company for purposes of the 1933 Act or any applicable  stockholder approval
provisions,  including,  without limitation,  under the rules and regulations of
the  Bulletin  Board.  Nor will the  Company or any of its  Affiliates  take any
action or steps that would cause the offer or issuance of the  Securities  to be
integrated with other offerings. The Company will not conduct any offering other
than the transactions contemplated hereby that will be integrated with the offer
or issuance of the Securities.

            (n) No General  Solicitation.  Neither the  Company,  nor any of its
Affiliates,  nor to its knowledge, any person acting on its or their behalf, has
engaged in any form of general  solicitation or general  advertising (within the
meaning of Regulation D under the 1933 Act) in connection with the offer or sale
of the Securities.

            (o) Listing.  The  Company's  common stock is quoted on the Bulletin
Board.  The Company has not received any oral or written  notice that its common
stock is not eligible nor will become  ineligible  for quotation on the Bulletin
Board  nor that  its  common  stock  does  not  meet  all  requirements  for the
continuation  of such quotation and the Company  satisfies all the  requirements
for the continued quotation of its common stock on the Bulletin Board.

            (p) No  Undisclosed  Liabilities.  The Company has no liabilities or
obligations which are material,  individually or in the aggregate, which are not
disclosed  in the  Reports  and Other  Written  Information,  other  than  those
incurred in the ordinary course of the Company's  businesses  since December 31,
2004 and which,  individually or in the aggregate,  would reasonably be expected
to have a Material Adverse Effect.

            (q) No Undisclosed Events or Circumstances. Since December 31, 2004,
no event or  circumstance  has occurred or exists with respect to the Company or
its  businesses,  properties,  operations or financial  condition,  that,  under
applicable law, rule or regulation,  requires public  disclosure or announcement
prior to the date  hereof by the  Company  but  which  has not been so  publicly
announced or disclosed in the Reports.

                                       7

(Subscription Agreement)

<PAGE>

            (r) Capitalization.  The authorized and outstanding capital stock of
the Company as of the date of this Agreement and the Closing Date (not including
the Securities) are set forth on Schedule 4(d).  Except as set forth on Schedule
4(d),  there are no options,  warrants,  or rights to subscribe to,  securities,
rights or obligations  convertible  into or exchangeable for or giving any right
to  subscribe  for any  shares of  capital  stock of the  Company  or any of its
Subsidiaries.  All of the outstanding shares of Common Stock of the Company have
been  duly  and   validly   authorized   and  issued  and  are  fully  paid  and
nonassessable.

            (s)  Subsidiary  Representations.  The  Company  makes  each  of the
representations  contained in Sections 4(a),  (b), (d), (f), (h), (k), (m), (q),
(r),  and (t) of  this  Agreement,  as same  relate  to each  Subsidiary  of the
Company. For purposes of this Agreement, "Subsidiary" means, with respect to any
entity at any date, any  corporation,  limited or general  partnership,  limited
liability company, trust, estate,  association,  joint venture or other business
entity) of which more than 50% of (i) the  outstanding  capital stock having (in
the absence of  contingencies)  ordinary voting power to elect a majority of the
board of directors or other managing body of such entity,  (ii) in the case of a
partnership or limited liability company, the interest in the capital or profits
of such  partnership  or  limited  liability  company  or (iii) in the case of a
trust,  estate,  association,  joint  venture or other  entity,  the  beneficial
interest in such trust, estate,  association or other entity business is, at the
time of determination, owned or controlled directly or indirectly through one or
more  intermediaries,  by such entity. All the Company's  Subsidiaries as of the
Closing Date are set forth on Schedule 4(s) hereto

            (t) Correctness of Representations.  The Company represents that the
foregoing  representations  and  warranties  are true and correct as of the date
hereof in all material respects,  and, unless the Company otherwise notifies the
Subscriber prior to each Closing Date, shall be true and correct in all material
respects as of each Closing Date.

            (u) Survival.  The foregoing  representations  and warranties  shall
survive the Closing Date for a period of three years.

      5. Regulation D Offering.  The offer and issuance of the Securities to the
Subscriber  is being  made  pursuant  to the  exemption  from  the  registration
provisions  of the 1933 Act afforded by Section 4(2) or Section 4(6) of the 1933
Act and/or Rule 506 of Regulation D promulgated thereunder. On the Closing Date,
the Company will provide an opinion reasonably acceptable to Subscriber from the
Company's  legal  counsel  opining  on the  availability  of an  exemption  from
registration  under the 1933 Act as it relates to the offer and  issuance of the
Securities and other matters  reasonably  requested by  Subscriber.  The Company
will provide, at the Company's expense,  such other legal opinions in the future
as are  reasonably  necessary  for the  issuance  and resale of the Common Stock
issuable upon  conversion  of the  Preferred  Stock and exercise of the Warrants
pursuant to an effective registration statement.

      6.1.  Conversion of Preferred  Stock.  Upon the  conversion of a Preferred
Stock or part thereof, the Company shall, at its own cost and expense,  take all
necessary action, to assure that the Company's  transfer agent shall issue stock
certificates in the name of Subscriber (or its nominee) or such other persons as
designated by Subscriber and in such denominations to be specified at conversion
representing the number of shares of Common Stock issuable upon such conversion.
The Company  warrants that no instructions  other than these  instructions  have
been given to the transfer agent of the Company's Common Stock and that,  unless
waived  by  the  Subscriber,  the  Shares  will  be  free-trading,   and  freely
transferable,   and  will  not  contain  a  legend  restricting  the  resale  or
transferability  of the Shares provided the Shares are being sold pursuant to an
effective  registration  statement  covering the Shares or are otherwise  exempt
from registration.

                                       8

(Subscription Agreement)

<PAGE>

      6.2. Adjustments.  The Conversion Price, Warrant exercise price and amount
of Shares  issuable upon  conversion of the Preferred  Stock and exercise of the
Warrants shall be adjusted as described in this  Agreement,  the  Certificate of
Designation for the Preferred Stock, and Warrants.

      7. Participation in Future  Financings.  From the date hereof until August
29, 2006,  provided the Subscriber is in full  compliance with the terms of this
Agreement and all of the scheduled Closings has occurred,  upon any financing by
the  Company of its Common  Stock or Common  Stock  Equivalents  (a  "Subsequent
Financing"), the Subscriber shall have the right to participate in up to 100% of
such Subsequent  Financing (the  "Participation  Maximum").  At least 10 Trading
Days prior to the closing of the Subsequent Financing, the Company shall deliver
to the  Subscriber  a written  notice of its  intention  to effect a  Subsequent
Financing ("Pre-Notice"),  which Pre-Notice shall ask the Subscriber if he wants
to review the details of such financing (such  additional  notice, a "Subsequent
Financing  Notice").  Upon the written request of the Subscriber,  and only upon
the written request by the Subscriber,  for a Subsequent  Financing Notice,  the
Company shall promptly, but no later than three Trading Days after such request,
deliver  a  Subsequent  Financing  Notice  to such  Subscriber.  The  Subsequent
Financing Notice shall describe in reasonable  detail the proposed terms of such
Subsequent  Financing,  the amount of proceeds intended to be raised thereunder,
the Person with whom such Subsequent  Financing is proposed to be effected,  and
attached to which shall be a term sheet or similar document relating thereto. If
by 6:30 p.m. (New York City time) on the tenth Trading Day after the  Subscriber
has received the Pre-Notice,  notifications by the Subscriber of his willingness
to participate in the Subsequent  Financing is, in the aggregate,  less than the
total  amount of the  Subsequent  Financing,  then the  Company  may  effect the
remaining  portion of such  Subsequent  Financing  on the terms set forth in the
Subsequent  Financing  Notice.  If the  Company  receives  no  notice  from  the
Subscriber as of such 10th Trading Day, such Subscriber  shall be deemed to have
notified the Company that he does not elect to participate.  If the Company does
not close on the  Subsequent  Financing  described in the  Pre-Notice  within 30
calendar days after the date the Subscriber  receives the  Pre-Notice,  then, if
the Company  proposes to complete such transaction it must send the Subscriber a
new Pre-Notice and the process set forth above must be complied with.

      8. Use of Proceeds.  The Company  shall use the net proceeds from the sale
of the Securities hereunder for marketing and working capital purposes.

      9.  Covenants of the Company.  The Company  covenants  and agrees with the
Subscriber as follows:

            (a) Stop Orders.  The Company will advise the  Subscriber,  promptly
after it receives  notice of issuance by the  Commission,  any state  securities
commission or any other  regulatory  authority of any stop order or of any order
preventing or suspending  any offering of any  securities of the Company,  or of
the  suspension  of the  qualification  of the Common  Stock of the  Company for
offering or sale in any  jurisdiction,  or the  initiation of any proceeding for
any such purpose.

            (b)  Listing.  The Company  will  maintain the listing of its Common
Stock on the American Stock Exchange,  Nasdaq SmallCap  Market,  Nasdaq National
Market System,  Bulletin  Board,  or New York Stock  Exchange  (whichever of the
foregoing is at the time the principal trading exchange or market for the Common
Stock (the "Principal Market")), and will use its best efforts to comply in with
the Company's reporting,  filing and other obligations under the bylaws or rules
of the Principal Market, as applicable. As of the date of this Agreement and the
Closing Date, the Bulletin Board is and will be the Principal Market.

            (c) Market Regulations. The Company shall notify the Commission, the
Principal  Market and applicable  state  authorities,  in accordance  with their
requirements, of the transactions contemplated by this Agreement, and shall take
all other  necessary  action and proceedings as may be required and permitted by
applicable  law, rule and  regulation,  for the legal and valid  issuance of the
Securities to the Subscriber and promptly provide copies thereof to Subscriber.

                                       9

(Subscription Agreement)

<PAGE>

            (d) Filing  Requirements.  From the date of this Agreement and until
the sooner of (i) three (3) years after the Closing  Date, or (ii) until all the
Shares and  Warrant  Shares have been resold or  transferred  by the  Subscriber
pursuant to the Registration Statement or pursuant to Rule 144, the Company will
use its best efforts to (A) cause its Common Stock to continue to be  registered
under  Section  12(b) or 12(g) of the 1934 Act, (B) comply in all respects  with
its  reporting  and filing  obligations  under the 1934 Act, (C) comply with all
reporting  requirements  that are applicable to an issuer with a class of shares
registered  pursuant to Section  12(b) or 12(g) of the 1934 Act, as  applicable,
and (D) comply with all requirements related to any registration statement filed
pursuant  to this  Agreement.  The  Company  agrees to timely file a Form D with
respect to the Securities if required  under  Regulation D and to provide a copy
thereof to each Subscriber promptly after such filing.

            (e) Non-Public  Information.  The Company  covenants and agrees that
neither it nor any other person acting on its behalf will provide the Subscriber
or its  agents  or  counsel  with  any  information  that the  Company  believes
constitutes   material  non-public   information,   unless  prior  thereto  such
Subscriber shall have agreed in writing to receive such information. The Company
understands and confirms that each Subscriber  shall be relying on the foregoing
representations in effecting transactions in securities of the Company.

      10. Covenants of the Company and Subscriber Regarding Indemnification.

            (a) The Company agrees to indemnify,  hold  harmless,  reimburse and
defend the Subscriber, the Subscriber's officers, directors, agents, Affiliates,
control persons, and principal  shareholders,  against any claim, cost, expense,
liability,  obligation,  loss or damage (including reasonable legal fees) of any
nature,  incurred by or imposed  upon the  Subscriber  or any such person  which
results,  arises out of or is based upon (i) any material  misrepresentation  by
Company  or  breach of any  warranty  by  Company  in this  Agreement  or in any
Exhibits or Schedules  attached hereto,  or other agreement  delivered  pursuant
hereto; or (ii) after any applicable  notice and/or cure periods,  any breach or
default in  performance  by the  Company of any  covenant or  undertaking  to be
performed by the Company  hereunder,  or any other agreement entered into by the
Company and Subscriber relating hereto.

            (b) The Subscriber agrees to indemnify, hold harmless, reimburse and
defend  the  Company  and each of the  Company's  officers,  directors,  agents,
Affiliates,  control  persons  against  any  claim,  cost,  expense,  liability,
obligation,  loss or damage  (including  reasonable  legal  fees) of any nature,
incurred by or imposed upon the Company or any such person which results, arises
out of or is based upon (i) any material  misrepresentation by the Subscriber in
this  Agreement  or in any  Exhibits  or  Schedules  attached  hereto,  or other
agreement  delivered pursuant hereto; or (ii) after any applicable notice and/or
cure  periods,  any breach or default in  performance  by the  Subscriber of any
covenant or  undertaking  to be performed by the  Subscriber  hereunder,  or any
other agreement entered into by the Company and Subscriber, relating hereto.

            (c) The  procedures  set forth in  Section  8.6  shall  apply to the
indemnification set forth in Sections 10(a) and 10(b) above.

                                       10

(Subscription Agreement)

<PAGE>

      11. Registration.

            (a)  Registration  Rights.  The Company  hereby grants the following
registration  rights to holders of the  Securities.  The Company shall file with
the Commission a Form SB-2 registration statement (the "Registration Statement")
(or such  other  form  that it is  eligible  to use) in order to  register  Nine
Million  Five  Hundred  Thousand   (9,500,000)   shares  of  Common  Stock  (the
"Registrable  Securities" which shall include Six Million shares of Common Stock
underlying the Preferred Stock and Three Million Five Hundred  Thousand  Warrant
Shares) plus those shares of Common Stock set forth on Schedule 11(a) for resale
and  distribution  under the 1933 Act not later than forty  (40)  business  days
after the initial Closing Date (the "Filing Date").

            (b) Registration Procedures. If and whenever the Company is required
by the provisions of Section 11(a) to effect the registration of any Registrable
Securities under the 1933 Act, the Company will, as expeditiously as possible:

                  (i)  subject  to the  timelines  provided  in this  Agreement,
prepare and file with the Commission a registration  statement  required herein,
with  respect  to such  securities  and use  its  best  efforts  to  cause  such
registration  statement  to become  and remain  effective  for the period of the
distribution  contemplated  thereby  (determined as herein  provided),  promptly
provide to the holders of the Registrable  Securities  copies of all filings and
Commission letters of comment and notify Subscriber (by telecopier and by e-mail
addresses  provided by Subscriber)  promptly after the Company  receives  notice
that  (i)  the  Commission  has  no  comments  or no  further  comments  on  the
Registration  Statement,  and (ii) the Registration  Statement has been declared
effective;

                  (ii) prepare and file with the Commission  such amendments and
supplements to such Registration Statement and the prospectus used in connection
therewith  as may be  necessary to keep such  Registration  Statement  effective
until such  Registration  Statement has been effective for a period of three (3)
years,  and  comply  with the  provisions  of the 1933 Act with  respect  to the
disposition of all of the Registrable  Securities  covered by such  Registration
Statement in accordance with the Subscribers  intended method of disposition set
forth in such Registration Statement for such period;

                  (iii) furnish to the  Subscriber,  at the  Company's  expense,
such number of copies of the Registration  Statement and the prospectus included
therein  (including each preliminary  prospectus) as such persons reasonably may
request in order to  facilitate  the  public  sale or their  disposition  of the
securities covered by such registration statement;

                  (iv) use its commercially  reasonable best efforts to register
or qualify the Registrable  Securities  covered by such  registration  statement
under the securities or "blue sky" laws of Nevada and such  jurisdictions as the
Subscriber shall request in writing,  provided,  however, that the Company shall
not for any such purpose be required to qualify  generally to transact  business
as a foreign  corporation in any jurisdiction where it is not so qualified or to
consent to general service of process in any such jurisdiction;

                  (v) if applicable,  list the Registrable Securities covered by
such  registration  statement with any  securities  exchange on which the Common
Stock of the Company is then listed;

                  (vi)  immediately  notify  the  Subscriber  when a  prospectus
relating  thereto  is  required  to be  delivered  under  the 1933  Act,  of the
happening  of any event of which the Company has  knowledge as a result of which
the  prospectus  contained in such  registration  statement,  as then in effect,
includes  an untrue  statement  of a material  fact or omits to state a material
fact required to be stated therein or necessary to make the  statements  therein
not misleading in light of the circumstances then existing; and

                                       11

(Subscription Agreement)

<PAGE>

                  (vii) provided same would not be in violation of the provision
of  Regulation  FD under the 1934 Act,  make  available  for  inspection  by the
Subscriber,  and  any  attorney,  accountant  or  other  agent  retained  by the
Subscriber or underwriter,  all publicly available,  non-confidential  financial
and other records,  pertinent corporate documents and properties of the Company,
and cause the Company's officers, directors and employees to supply all publicly
available,  non-confidential information reasonably requested by the Subscriber,
attorney, accountant or agent in connection with such registration statement.

            (c) Provision of Documents.  In  connection  with each  registration
described in this Section 11,  Subscriber will furnish to the Company in writing
such  information  and  representation  letters  with  respect to itself and the
proposed  distribution by it as reasonably shall be necessary in order to assure
compliance with federal and applicable state securities laws.

            (d)  Non-Registration  Events.  The Company and the Subscriber agree
that the  Subscriber  will suffer damages if the  Registration  Statement is not
filed by the Filing Date and it would not be feasible to ascertain the extent of
such damages with precision.  Accordingly,  if the Registration Statement is not
filed on or  before  the  Filing  Date (a  "Non-Registration  Event"),  then the
Company shall  deliver to the holder of  Registrable  Securities,  as Liquidated
Damages,  an amount  equal to  one-tenth  (1/10th) of a percent  (0.1%) for each
calendar day thereafter of the Purchase Price of the Preferred  Stock  purchased
through such date.  The Company  must pay the  Liquidated  Damages in cash.  The
Liquidated  Damages  must be paid  every  fifteen  calendar  (15) days after the
Non-Registration  Event or shorter part thereof for which Liquidated Damages are
payable.  In the event a Registration  Statement is filed by the Filing Date but
is withdrawn  prior to being  declared  effective by the  Commission,  then such
Registration  Statement  will be deemed to have not been filed.  Notwithstanding
the  foregoing,  the Company  shall not be liable to the  Subscriber  under this
Section 11.4 for any events or delays  occurring as a consequence of the acts or
omissions of the Subscriber contrary to the obligations undertaken by Subscriber
in this Agreement. Liquidated Damages will not accrue nor be payable pursuant to
this Section 11.4 nor will a  Non-Registration  Event be deemed to have occurred
for times during which Registrable  Securities are transferable by the holder of
Registrable Securities pursuant to Rule 144(k) under the 1933 Act.

            (e) Expenses. All expenses incurred by the Company in complying with
Section 11,  including,  without  limitation,  all registration and filing fees,
printing  expenses,  fees and  disbursements  of counsel and independent  public
accountants for the Company,  fees and expenses  (including  reasonable  counsel
fees) incurred in connection with complying with state  securities or "blue sky"
laws, fees of the National  Association of Securities  Dealers,  Inc.,  transfer
taxes, fees of transfer agents and registrars, costs of insurance and fee of one
counsel for all Subscriber are called "Registration  Expenses." All underwriting
discounts  and  selling  commissions  applicable  to  the  sale  of  Registrable
Securities,  including  any  fees  and  disbursements  of  one  counsel  to  the
Subscriber, are called "Selling Expenses." The Company will pay all Registration
Expenses in connection with the registration statement under Section 11.

      12. Indemnification and Contribution.

            (a) In the event of a  registration  of any  Registrable  Securities
under the 1933 Act  pursuant  to Section  11, the  Company  will,  to the extent
permitted by law,  indemnify and hold harmless the  Subscriber,  each officer of
the  Subscriber,  each  director of the  Subscriber,  each  underwriter  of such
Registrable  Securities  thereunder and each other person,  if any, who controls
such Subscriber or underwriter  within the meaning of the 1933 Act,  against any
losses,  claims,  damages  or  liabilities,  joint  or  several,  to  which  the
Subscriber,  or such underwriter or controlling  person may become subject under
the  1933  Act  or  otherwise,  insofar  as  such  losses,  claims,  damages  or

                                       12

(Subscription Agreement)

<PAGE>

liabilities  (or actions in respect  thereof) arise out of or are based upon any
untrue  statement or alleged untrue  statement of any material fact contained in
any  registration   statement  under  which  such  Registrable   Securities  was
registered under the 1933 Act pursuant to Section 11, any preliminary prospectus
or final prospectus  contained therein,  or any amendment or supplement thereof,
or arise out of or are based  upon the  omission  or alleged  omission  to state
therein a material fact  required to be stated  therein or necessary to make the
statements  therein not misleading in light of the circumstances  when made, and
will subject to the provisions of Section 11.6(c) reimburse the Subscriber, each
such  underwriter  and  each  such  controlling  person  for any  legal or other
expenses  reasonably  incurred  by  them in  connection  with  investigating  or
defending any such loss, claim, damage, liability or action; provided,  however,
that the Company  shall not be liable to the  Subscriber  to the extent that any
such damages arise out of or are based upon an untrue statement or omission made
in any preliminary  prospectus if (i) the Subscriber failed to send or deliver a
copy of the final prospectus  delivered by the Company to the Subscriber with or
prior to the delivery of written  confirmation  of the sale by the Subscriber to
the person  asserting  the claim from which such damages  arise,  (ii) the final
prospectus  would  have  corrected  such  untrue  statement  or  alleged  untrue
statement or such omission or alleged omission,  or (iii) to the extent that any
such loss,  claim,  damage or liability arises out of or is based upon an untrue
statement or alleged untrue statement or omission or alleged omission so made in
conformity with information furnished by the Subscriber, or any such controlling
person  in  writing  specifically  for use in  such  registration  statement  or
prospectus.

            (b) In  the  event  of a  registration  of  any  of the  Registrable
Securities  under the 1933 Act pursuant to Section 11,  Subscriber  will, to the
extent  permitted by law,  indemnify  and hold  harmless  the Company,  and each
person,  if any, who  controls  the Company  within the meaning of the 1933 Act,
each officer of the Company who signs the registration statement,  each director
of the Company,  each  underwriter  and each person who controls any underwriter
within the  meaning of the 1933 Act,  against  all  losses,  claims,  damages or
liabilities,  joint or several, to which the Company or such officer,  director,
underwriter  or  controlling  person  may become  subject  under the 1933 Act or
otherwise, insofar as such losses, claims, damages or liabilities (or actions in
respect  thereof) arise out of or are based upon any untrue statement or alleged
untrue  statement of any material fact contained in the  registration  statement
under  which such  Registrable  Securities  were  registered  under the 1933 Act
pursuant to Section 11, any preliminary prospectus or final prospectus contained
therein,  or any amendment or supplement  thereof,  or arise out of or are based
upon the omission or alleged  omission to state therein a material fact required
to be stated therein or necessary to make the statements therein not misleading,
and will reimburse the Company and each such officer, director,  underwriter and
controlling person for any legal or other expenses  reasonably  incurred by them
in connection  with  investigating  or defending any such loss,  claim,  damage,
liability  or action,  provided,  however,  that the  Subscriber  will be liable
hereunder in any such case if and only to the extent that any such loss,  claim,
damage  or  liability  arises  out of or is based  upon an untrue  statement  or
alleged untrue  statement or omission or alleged  omission made in reliance upon
and in  conformity  with  information  pertaining  to the  Subscriber,  as such,
furnished in writing to the Company by Subscriber  specifically  for use in such
registration statement or prospectus,  and provided,  further, however, that the
liability  of the  Subscriber  hereunder  shall be limited  to the net  proceeds
actually  received by the  Subscriber  from the sale of  Registrable  Securities
covered by such registration statement.

            (c) Promptly  after  receipt by an  indemnified  party  hereunder of
notice of the  commencement of any action,  such  indemnified  party shall, if a
claim in respect thereof is to be made against the indemnifying party hereunder,
notify the indemnifying party in writing thereof,  but the omission so to notify
the indemnifying party shall not relieve it from any liability which it may have
to such  indemnified  party other than under this  Section  12(c) and shall only
relieve it from any liability which it may have to such indemnified  party under
this Section 12(c),  except and only if and to the extent the indemnifying party
is prejudiced by such omission. In case any such action shall be brought against
any  indemnified  party  and it  shall  notify  the  indemnifying  party  of the
commencement thereof, the indemnifying party shall be entitled to participate in
and, to the extent it shall wish, to assume and  undertake  the defense  thereof

                                       13

(Subscription Agreement)

<PAGE>

with counsel  satisfactory to such indemnified party, and, after notice from the
indemnifying  party to such  indemnified  party of its election so to assume and
undertake the defense  thereof,  the  indemnifying  party shall not be liable to
such  indemnified  party  under  this  Section  12(c)  for  any  legal  expenses
subsequently  incurred by such indemnified  party in connection with the defense
thereof other than reasonable costs of investigation and of liaison with counsel
so selected,  provided,  however,  that,  if the  defendants  in any such action
include  both  the  indemnified  party  and  the  indemnifying   party  and  the
indemnified  party shall have reasonably  concluded that there may be reasonable
defenses  available  to it  which  are  different  from or  additional  to those
available to the indemnifying party or if the interests of the indemnified party
reasonably  may be deemed to conflict  with the  interests  of the  indemnifying
party, the indemnified  parties,  as a group, shall have the right to select one
separate  counsel and to assume such legal defenses and otherwise to participate
in the defense of such  action,  with the  reasonable  expenses and fees of such
separate  counsel  and  other  expenses  related  to  such  participation  to be
reimbursed by the indemnifying party as incurred.

            (d) In order to provide for just and equitable  contribution  in the
event of joint  liability under the 1933 Act in any case in which either (i) the
Subscriber,  or any  controlling  person  of the  Subscriber,  makes a claim for
indemnification  pursuant to this Section 12 but it is judicially determined (by
the entry of a final judgment or decree by a court of competent jurisdiction and
the expiration of time to appeal or the denial of the last right of appeal) that
such  indemnification may not be enforced in such case  notwithstanding the fact
that  this  Section  12  provides  for  indemnification  in such  case,  or (ii)
contribution under the 1933 Act may be required on the part of the Subscriber or
controlling person of the Subscriber in circumstances for which  indemnification
is not provided  under this Section 12; then, and in each such case, the Company
and the Subscriber will contribute to the aggregate losses,  claims,  damages or
liabilities  to which they may be subject  (after  contribution  from others) in
such proportion to fault as judicially determined,  provided,  however, that, in
any such  case,  no  person or entity  guilty  of  fraudulent  misrepresentation
(within  the  meaning  of  Section  11(f) of the 1933 Act) will be  entitled  to
contribution  from any person or entity  who was not  guilty of such  fraudulent
misrepresentation.

      13. Miscellaneous.

            (a) Notices. All notices, demands,  requests,  consents,  approvals,
and other  communications  required or permitted  hereunder  shall be in writing
and, unless otherwise  specified herein,  shall be (i) personally  served,  (ii)
deposited  in the mail,  registered  or  certified,  return  receipt  requested,
postage  prepaid,  (iii) delivered by reputable air courier service with charges
prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed
as set forth below or to such other  address as such party shall have  specified
most recently by written notice. Any notice or other  communication  required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or  delivery  by  facsimile,   with  accurate  confirmation   generated  by  the
transmitting  facsimile  machine,  at the address or number designated below (if
delivered on a business day during normal business hours where such notice is to
be received),  or the first  business day following  such delivery (if delivered
other than on a business day during normal  business  hours where such notice is
to be received) or (b) on the second  business day following the date of mailing
by express courier service,  fully prepaid,  addressed to such address,  or upon
actual receipt of such mailing,  whichever shall first occur.  The addresses for
such  communications  shall be: (i) if to the Company,  to: Bidville,  Inc., 601
Cleveland Street, Suite 120, Clearwater,  Florida 33755, Attn: Michael Palandro,
CEO,  telecopier  number:  (727)  442-9444,  with a copy by telecopier  only to:
Berkman,  Henoch,  Peterson & Peddy, P.C., Attn: Jeffrey Stein, Esq., telecopier
number:   (516)  222-6209,   and  (ii)  if  to  the  Subscriber,   to:  Delmount
International  Ltd., Road Town, P.O. Box 3159,  Tortola,  BVI , Attn: Rolf Hess,
telecopier number: 011 41 43 499 9561.

            (b) Entire Agreement; Assignment. This Agreement and other documents
delivered in  connection  herewith  represent the entire  agreement  between the
parties hereto with respect to the subject matter hereof and may be amended only
by a writing  executed by both parties.  Neither the Company nor the  Subscriber
have  relied  on any  representations  not  contained  or  referred  to in  this
Agreement and the documents  delivered  herewith.  No right or obligation of the
Company shall be assigned without prior notice to and the written consent of the
Subscriber.

                                       14

(Subscription Agreement)

<PAGE>

            (c)  Counterparts/Execution.  This  Agreement may be executed in any
number of  counterparts  and by the  different  signatories  hereto on  separate
counterparts,  each of which, when so executed, shall be deemed an original, but
all such  counterparts  shall constitute but one and the same  instrument.  This
Agreement  may be executed by  facsimile  signature  and  delivered by facsimile
transmission.

            (d) Law Governing this  Agreement.  This Agreement shall be governed
by and  construed in  accordance  with the laws of the State of Florida  without
regard to conflicts of laws and principles  that would result in the application
of the substantive  laws of another  jurisdiction.  Any action brought by either
party  against  the  other  concerning  the  transactions  contemplated  by this
Agreement shall be brought only in the state courts of Florida or in the federal
courts  located  in the  state  of  Florida.  The  parties  and the  individuals
executing this Agreement and other agreements referred to herein or delivered in
connection herewith on behalf of the Company agree to submit to the jurisdiction
of such courts and waive trial by jury. The  prevailing  party shall be entitled
to recover from the other party its reasonable attorney's fees and costs. In the
event that any provision of this Agreement or any other  agreement  delivered in
connection  herewith is invalid or unenforceable under any applicable statute or
rule of law, then such provision shall be deemed  inoperative to the extent that
it may  conflict  therewith  and shall be deemed  modified to conform  with such
statute  or  rule of  law.  Any  such  provision  which  may  prove  invalid  or
unenforceable  under any law shall not affect the validity or  enforceability of
any other provision of any agreement.

            (e) Specific Enforcement,  Consent to Jurisdiction.  The Company and
Subscriber  acknowledge  and agree that  irreparable  damage  would occur in the
event  that  any of the  provisions  of this  Agreement  were not  performed  in
accordance  with  their  specific  terms  or  were  otherwise  breached.  It  is
accordingly agreed that the parties shall be entitled to one or more preliminary
and final  injunctions  to prevent or cure  breaches of the  provisions  of this
Agreement and to enforce  specifically  the terms and  provisions  hereof,  this
being in  addition  to any other  remedy to which any of them may be entitled by
law or equity. Subject to Section 13(e) hereof, each of the Company,  Subscriber
and any signator hereto in his personal  capacity hereby waives,  and agrees not
to  assert in any such  suit,  action or  proceeding,  any claim  that it is not
personally  subject to the jurisdiction in Florida of such court, that the suit,
action or  proceeding is brought in an  inconvenient  forum or that the venue of
the suit, action or proceeding is improper. Nothing in this Section shall affect
or limit any right to serve process in any other manner permitted by law.

            (f)  Termination.  The Company may terminate  this  Agreement at any
time if any of the Closing Dates has not occurred  within seven calendar days of
its  scheduled  time (as set forth in  Section  1(a)  above).  In such event the
Company shall notify the Subscriber in writing.  The Subscriber  shall then have
the right to purchase  all of the shares of Preferred  Stock and Warrants  which
have not yet been  purchased  within 14 calendar  days after such notice  (which
shall be  deemed a Closing  Date).  On the  fifteenth  calendar  day after  such
notice,  assuming the  Subscriber  does not purchase  such  remaining  shares of
Preferred Stock and Warrants,  this Agreement shall terminate and the Subscriber
shall have no right to acquire additional Securities.

                      [THIS SPACE INTENTIONALLY LEFT BLANK]

                                       15
<PAGE>

SIGNATURE PAGE TO SUBSCRIPTION AGREEMENT

      Please acknowledge your acceptance of the foregoing Subscription Agreement
by signing and returning a copy to the  undersigned  whereupon it shall become a
binding agreement between us.

                                          Bidville, Inc.
                                          a Nevada corporation

                                          By:
                                             -----------------------------------
                                                Name:    Michael Palandro
                                                Title:   President, CEO

                                          Dated: May 9, 2005

                                          Delmount International Ltd.

                                          By:
                                             -----------------------------------
                                                Name:    Rolf Hess
                                                Title:   Director

                                          Dated:  May 9, 2005

<PAGE>

                  Schedule 4(d)            Additional Issuances / Capitalization

      1. In  conjunction  with the December 2003 sale of an aggregate  4,410,000
shares of restricted,  unregistered common stock pursuant to a private placement
memorandum,  the Company issued an aggregate  4,410,000 1/2 warrants to purchase
the Company's common stock at a price of $1.00 per share for each full warrant.

      2. On August 24, 2003,  NoBidding  entered  into an  Executive  Employment
Agreement with Mr. Michael  Palandro  (Palandro) under which Palandro will serve
as NoBidding's Chief Executive Officer for a period of three (3) years,  through
August 31, 2006. Under his agreement,  Palandro  received options to purchase up
to 2,010,000 shares of common stock in Bidville at a price of $0.001 per share.
These options vest in one-third  increments  (approximately  670,000  shares) on
each  anniversary  date of this agreement,  commencing on the 13th month of this
agreement.  There is no expiration date on these options;  however,  the Company
used an  arbitrary  life of 60 months  for all  option  valuation  calculations.
Subsequently  the term of the options was  formalized as 10 years from the grant
date which had no material effect on the fair value of the options.

      3. On August 28, 2003,  NoBidding  entered  into an  Executive  Employment
Agreement  with Mr.  Alan  Phiet  Pham  (Pham)  under  which  Pham will serve as
NoBidding's  Director  of  Information  Technologies  for a period  of three (3)
years,  through August 31, 2006.  Under his agreement,  Pham received options to
purchase up to 100,000  shares of common  stock in Bidville at a price of $0.001
per share.  These  options vest in one-third  increments  (approximately  33,333

<PAGE>

shares) on each anniversary date of this agreement, commencing on the 13th month
of this agreement.  There is no expiration date on these options;  however,  the
Company  used  an  arbitrary  life  of  60  months  for  all  option   valuation
calculations.  Subsequently  the term of the options was  formalized as 10 years
from the grant  date  which  had no  material  effect  on the fair  value of the
options.

      4. On August 28, 2003,  NoBidding  entered  into an  Executive  Employment
Agreement  with Ms.  Kim  Cullen  (Cullen)  under  which  Cullen  will  serve as
NoBidding's  Director  of  Marketing  for a period of three (3)  years,  through
August 31, 2006.
Under her agreement, Cullen received options to purchase up to 100,000 shares of
common stock in Bidville at a price of $0.001 per share.  These  options vest in
one-third increments  (approximately  33,333 shares) on each anniversary date of
this  agreement,  commencing  on the 13th month of this  agreement.  There is no
expiration date on these options; however, the Company used an arbitrary life of
60 months for all option  valuation  calculations.  Subsequently the term of the
options  was  formalized  as 10 years from the grant date which had no  material
effect on the fair value of the options.

      5. On January 12, 2004, the Company  entered into an Executive  Employment
Agreement  with Mr. Gerald Parker  (Parker) under which Parker will serve as the
Company's President for a period of three (3) years,  through December 31, 2006.
Under his agreement,  Parker received options to purchase up to 1,000,000 shares
of common stock  pursuant to the  Company's  Incentive  Plan at $4.27 per share.
These options vest in one-third  increments  (approximately  333,333  shares) on
each  anniversary  date of this agreement,  commencing on the 13th month of this
agreement.  There is no expiration date on these options;  however,  the Company
used an  arbitrary  life of 60 months  for all  option  valuation  calculations.
Subsequently  the term of the options was  formalized as 10 years from the grant
date which had no material effect on the fair value of the options.

      6. On November 17, 2004,  the Board of Directors of the Company  appointed
Stephen C.  Gingrich  to serve as Chief  Financial  Officer of the Company for a
term of three years and as a member of the  Company's  Board of  Directors.  For
such services,  Mr. Gingrich shall receive options to purchase 250,000 shares of
the  Company's  common stock,  vesting  equally in one-third  increments  over a
three-year period, with an exercise price of $.36 per share.

      7. During June 2004, the Company issued 300,000 options to purchase common
stock  to  2  entities  pursuant  to  consulting  agreements.  The  options  are
exercisable as follows:

            200,000 for a period of 5 years at $3 per share
            100,000 for a period of 2 years at $2 per share

      8. During  August 2004,  the Company  issued  660,000  options to purchase
common stock pursuant to a consulting agreement.  The options are exercisable as
follows:

            660,000 for a period of 4 years, 10 months at $1.00 per share

      9. During  September  2004, the Company issued 300,000 options to purchase
common  stock  pursuant to a  consulting  agreement as described in Note 14. The
options are exercisable as follows:

                  300,000 for a period of 3 years at $1 per share

<PAGE>

                  Schedule 4(s)            Subsidiaries

      1. NoBidding, Inc. a New Jersey, USA, corporation is the operating unit of
Bidivlle, Inc..

<PAGE>

                  Schedule 11(a)           Other Securities to be Registered

      1.  2,205,000  shares of Common Stock  underlying  those certain  warrants
issued by the Company in December 2003.WARRANT AGREEMENT
                                 BIDVILLE, INC.

THIS WARRANT  ("WARRANT")  AND THE SHARES OF COMMON STOCK WHICH MAY BE PURCHASED
UPON THE EXERCISE OF THIS WARRANT HAVE BEEN ACQUIRED  SOLELY FOR  INVESTMENT AND
HAVE NOT BEEN  REGISTERED  UNDER THE  SECURITIES  ACT OF 1933,  AS AMENDED  (THE
"ACT"),  OR ANY STATE SECURITIES LAWS. SUCH SECURITIES MAY NOT BE SOLD,  OFFERED
FOR SALE,  PLEDGED OR  HYPOTHECATED  IN THE ABSENCE OF SUCH  REGISTRATION  OR AN
OPINION OF COUNSEL  SATISFACTORY  TO THE COMPANY AND ITS COUNSEL THAT SUCH SALE,
OFFER,  PLEDGE OR  HYPOTHECATION  IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS
DELIVERY REQUIREMENTS OF THE ACT AND OF ANY APPLICABLE STATE SECURITIES LAWS.

THIS  CERTIFIES  THAT,  for value  received,  Delmount  International  Ltd. (the
"Holder") is entitled to  subscribe  for and  purchase  3,500,000  shares of the
fully paid and nonassessable  Common Stock, $ .001 par value (the "Shares"),  of
Bidville, Inc., a Nevada corporation (the "Company"),  at the aggregate exercise
price of $0.60 per share (the  "Exercise  Price"),  on or before March 31, 2010,
subject to the  provisions  and upon the terms and  conditions  hereinafter  set
forth.

1. Vesting, Method of Exercise; Payment.

      (a) Vesting.  2,500,000  warrants  shall vest after  Holder has  purchased
      2,500  shares of Bidville  Series A Preferred  Stock for  $2,500,000.  The
      remaining 1,000,000 warrants shall vest pro rata upon the Holders exercise
      of its option to purchase  up to an  additional  1,000  shares of Bidville
      Series A Preferred Stock.

      (b) Cash Exercise.  Any purchase rights represented by this Warrant may be
      exercised  by the Holder,  in whole or in part,  by the  surrender of this
      Warrant (with the notice of exercise  form  attached  hereto as Exhibit A,
      duly executed) at the principal office of the Company,  and by the payment
      to the Company,  by certified,  cashier's or other check acceptable to the
      Company or by wire transfer to an account designated by the Company, of an
      amount  equal  to  the  aggregate  Exercise  Price  of  the  Shares  being
      purchased.

      (c)  Stock  Certificates.  In the  event  of any  exercise  of the  rights
      represented  by this  Warrant,  certificates  for the Shares so  purchased
      shall be delivered to the Holder within a reasonable time and, unless this
      Warrant  has  been  fully   exercised  or  has  expired,   a  new  Warrant
      representing  the shares with respect to which this Warrant shall not have
      been exercised shall also be issued to the Holder within such time.

2. Stock Fully Paid; Reservation of Shares.

All of the Shares  issuable upon the exercise of the rights  represented by this
Warrant will, upon issuance and receipt of the Exercise Price therefor, be fully
paid and nonassessable,  and free from all taxes, liens and charges with respect
to the issue thereof.  During the period within which the rights  represented by
this Warrant may be exercised,  the Company  shall at all times have  authorized
and reserved for issuance  sufficient  shares of its Common Stock to provide for
the exercise of the rights represented by this Warrant.

<PAGE>

3. Adjustments.

Subject  to the  provisions  of  Section  11  hereof,  the  number  and  kind of
securities  purchasable upon the exercise of this Warrant and the Exercise Price
therefor shall be subject to adjustment from time to time upon the occurrence of
certain events, as follows:

      (a)  Reclassification.  In the case of any  reclassification  or change of
      securities  issuable upon exercise of this Warrant (other than a change in
      par value,  or from par value to no par value, or from no par value to par
      value, or as a result of a subdivision or combination),  or in case of any
      merger of the  Company  with or into  another  corporation  (other  than a
      merger with another  corporation in which the Company is the acquiring and
      the   surviving   corporation   and   which   does  not   result   in  any
      reclassification  or  change  of  outstanding   securities  issuable  upon
      exercise of this Warrant),  or in case of any sale of all or substantially
      all of the  assets of the  Company,  the  Company,  or such  successor  or
      purchasing corporation, as the case may be, shall duly execute and deliver
      to the  holder  of this  Warrant  a new  Warrant  (in form  and  substance
      reasonably  satisfactory  to the holder of this  Warrant),  or the Company
      shall make appropriate provision without the issuance of a new Warrant, so
      that the  holder of this  Warrant  shall have the right to  receive,  at a
      total  purchase  price not to exceed that payable upon the exercise of the
      unexercised  portion of this Warrant,  and in lieu of the shares of Common
      Stock theretofore issuable upon exercise of this Warrant, (i) the kind and
      amount of shares of stock, other securities, money and property receivable
      upon  such  reclassification,  change,  merger  or sale by a holder of the
      number of shares of Common Stock then purchasable  under this Warrant,  or
      (ii) in the case of such a merger or sale in which the consideration  paid
      consists all or in part of assets other than  securities  of the successor
      or  purchasing  corporation,  at the option of the Holder of this Warrant,
      the securities of the successor or purchasing  corporation  having a value
      at the time of the transaction  equivalent to the fair market value of the
      Common  Stock  at the  time of the  transaction.  The  provisions  of this
      subparagraph  (a) shall similarly  apply to successive  reclassifications,
      changes, mergers and transfers.

      (b) Stock  Splits,  Dividends  and  Combinations.  In the  event  that the
      Company shall at any time subdivide the outstanding shares of Common Stock
      or shall issue a stock dividend on its outstanding  shares of Common Stock
      the number of Shares  issuable upon  exercise of this Warrant  immediately
      prior to such  subdivision or to the issuance of such stock dividend shall
      be   proportionately   increased,   and  the   Exercise   Price  shall  be
      proportionately  decreased, and in the event that the Company shall at any
      time combine the  outstanding  shares of Common Stock the number of Shares
      issuable  upon  exercise  of  this  Warrant   immediately  prior  to  such
      combination  shall be  proportionately  decreased,  and the Exercise Price
      shall be proportionately increased,  effective at the close of business on
      the date of such subdivision,  stock dividend or combination,  as the case
      may be.

      (c) Mandatory Call. When the average closing bid price of the common stock
      of the Company Inc.  meets or exceeds  200% of the Exercise  Price then in
      effect for ten  consecutive  trading days, the Company has the right,  but
      not the obligation,  to call all or part of the vested Warrants  provided,
      however,  that the  Company may not  exercise  the call  feature  unless a
      registration  statement registering the Shares has been declared effective
      at least twenty (20)  trading days earlier and is effective  from the date
      of delivery of the call notice until ten (10)  business days later and the
      shares underlying the warrants will be issued without  restrictive legend.
      The call price shall be subject to adjustment  according to the adjustment
      mechanisms set forth in Section 3 herein.  In the event the Company elects
      to exercise such right it shall provide written notice of its intention to
      the Holder (the "Call Notice").  If the Warrants are not exercised  within
      ten (10)  business  days  following  the date the Company  issues the Call
      Notice,  then the Company  shall buy each Warrant for a  consideration  of
      $0.001 per warrant and the  Warrants  and all rights  appurtenant  thereto
      shall  expire on the calendar day  immediately  following  the date of the
      Call Notice.

<PAGE>

      (d) Dilution  Protection.  If the Company,  at any time after the Warrants
      have vested as set forth above, issues shares of common stock, warrants or
      instruments that are convertible into shares of the Company's Common Stock
      at a price  per  share  below  the  then  current  Exercise  Price  of the
      outstanding  Warrants then the exercise price of the vested Warrants shall
      be adjusted to the price that the shares or warrants or  instruments  that
      are  convertible  into common stock are issued.  In  addition,  the Holder
      shall be issued additional  warrants  according to the following  formula:
      amount of warrants * (old exercise price / new exercise price) - amount of
      warrants.  For  example:  The Company  issues new shares at 30 cents,  the
      Holder has 10,000 vested Warrants:  The Holder shall therefore be entitled
      to receive 10,000 * ($0.60 / $0.30) - 10,000 = 10,000 additional  warrants
      and the exercise  price on all 20,000  warrants  will then be $0.30 versus
      the  original  $0.60.  If the  Company  issues  any  shares,  warrants  or
      instruments  that are convertible into shares of Company Common Stock at a
      price less than 1 cent,  then the dilution  shall be  calculated as if the
      issuance had happened at a price of one cent ($0.01).  Notwithstanding the
      foregoing, there shall be no adjustment for any options to purchase shares
      of Common Stock granted by the Company under any Company  option plan then
      in effect.

4.    Notice of Adjustments. Whenever the number of Shares purchasable hereunder
      or the  Exercise  Price  thereof  shall be adjusted  pursuant to Section 3
      hereof,  the Company shall provide notice to the Holder setting forth,  in
      reasonable detail,  the event requiring the adjustment,  the amount of the
      adjustment,  the method by which such adjustment was  calculated,  and the
      number  and class of  shares  which may be  purchased  thereafter  and the
      Exercise Price therefor after giving effect to such adjustment.

5.    Fractional Shares.  Notwithstanding any other language contained herein or
      the  terms  of the  Agreement,  this  Warrant  may  not be  exercised  for
      fractional  shares,  and such  portion of the Warrant  and any  fractional
      shares subject thereto shall expire.

6.    Representations of the Company.  The Company represents that all corporate
      actions  on  the  part  of  the  Company,  its  officers,   directors  and
      shareholders  necessary  for the sale and issuance of the Shares  pursuant
      hereto and the  performance  of the Company's  obligations  hereunder were
      taken prior to and are effective as of the effective date of this Warrant.

7.    Representations  and Warranties by the Holder.  The Holder  represents and
      warrants to the Company as follows:

      (a) This Warrant and the Shares  issuable upon exercise  thereof are being
      acquired for its own account,  for  investment  and not with a view to, or
      for resale in connection with, any distribution or public offering thereof
      within the meaning of the Securities Act of 1933, as amended (the "Act").

      (b) The Holder  understands  that the Warrant and the Shares have not been
      registered  under  the Act by reason of their  issuance  in a  transaction
      exempt from the registration and prospectus  delivery  requirements of the
      Act  pursuant to Section 4(2)  thereof,  and that they must be held by the
      Holder indefinitely,  and that the Holder must therefore bear the economic
      risk of such  investment  indefinitely,  unless a  subsequent  disposition
      thereof is registered under the Act or is exempted from such registration.
      The Holder further  understands  that the Shares have been qualified under
      issuance in a transaction  exempt from the  registration  requirements  of
      applicable state securities law, which exemptions depend upon, among other
      things,  the bona fide nature of the Holder's  investment intent expressed
      above.

      (c) The Holder has such knowledge and experience in financial and business
      matters  that it is  capable  of  evaluating  the  merits and risks of the
      purchase of this Warrant and the Shares purchasable  pursuant to the terms
      of this Warrant and of protecting its interests in connection therewith.

      (d) The Holder is able to bear the  economic  risk of the  purchase of the
      Shares pursuant to the terms of this Warrant.

<PAGE>

8.    Restrictive Legend.

The Shares (unless  registered under the Act) shall be stamped or imprinted with
a legend in  substantially  the following  form: THE SHARES  REPRESENTED BY THIS
CERTIFICATE  HAVE BEEN  ACQUIRED  FOR  INVESTMENT  AND NOT WITH A VIEW TO, OR IN
CONNECTION WITH, THE SALE OR DISTRIBUTION  THEREOF, AND HAVE NOT BEEN REGISTERED
UNDER THE  SECURITIES  ACT OF 1933,  AS AMENDED.  SUCH SHARES MAY NOT BE SOLD OR
TRANSFERRED IN THE ABSENCE OF SUCH  REGISTRATION OR UNLESS THE COMPANY  RECEIVES
AN OPINION  OF COUNSEL  REASONABLY  ACCEPTABLE  TO IT STATING  THAT SUCH SALE OR
TRANSFER IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF
THE ACT.

9.    Restrictions Upon Transfer and Removal of Legend.

      (a) The Company  need not  register a transfer  of this  Warrant or Shares
      bearing the restrictive  legend set forth in Section 8 hereof,  unless the
      conditions  specified in such legend are  satisfied.  The Company may also
      instruct  its  transfer  agent not to register the transfer of the Shares,
      unless  one of the  conditions  specified  in the  legend  referred  to in
      Section 8 hereof is satisfied.

      (b)  Notwithstanding  the provisions of paragraph (a) above, no opinion of
      counsel shall be necessary  for a transfer  without  consideration  by any
      holder  (i) if such  holder  is a  partnership,  to a partner  or  retired
      partner of such  partnership  who retires  after the date hereof or to the
      estate of any such partner or retired partner, or (ii) if such holder is a
      corporation,  to a  shareholder  of  such  corporation,  or to  any  other
      corporation under common control, direct or indirect, with such holder.

10. Rights of Shareholders.

No holder of this  Warrant  shall be entitled,  as a Holder,  to vote or receive
dividends or be deemed the holder of any Shares or any other  securities  of the
Company  which  may at any  time be  issuable  on the  exercise  hereof  for any
purpose,  nor shall  anything  contained  herein be construed to confer upon the
Holder of this  Warrant,  as such,  any of the  rights of a  stockholder  of the
Company or any right to vote for the  election of  directors  or upon any matter
submitted to shareholders at any meeting thereof, or to give or withhold consent
to any corporate action (whether upon any  recapitalization,  issuance of stock,
reclassification  of  stock,  change  of  par  value,   consolidation,   merger,
conveyance,  or  otherwise)  or to  receive  notice of  meetings,  or to receive
dividends or subscription  rights or otherwise until the Warrant shall have been
exercised and the Shares  purchasable upon the exercise hereof shall have become
deliverable, as provided herein. The holder of this Warrant will not be entitled
to share in the assets of the Company in the event of a liquidation, dissolution
or the winding up of the Company.

11. Notices.

All notices and other communications required or permitted hereunder shall be in
writing,  shall be effective when given,  and shall in any event be deemed to be
given upon receipt or, if earlier,

      (a) five (5) days  after  deposit  with the U.S.  Postal  Service or other
      applicable  postal  service,  if  delivered  by first class mail,  postage
      prepaid,

      (b) upon delivery, if delivered by hand,

      (c) one  business  day after the  business  day of  deposit  with  Federal
      Express or similar overnight courier, freight prepaid or

<PAGE>

      (d) one business day after the business day of facsimile transmission,  if
      delivered by facsimile transmission with copy by first class mail, postage
      prepaid, and shall be addressed

            (i)if to the  Holder,  at the  Holder's  address as set forth on the
            books of the Company, and

            (ii) if to the Company,  at the address of its  principal  corporate
            offices (attention: Michael Palandro, President), at such address as
            the Company may designate.

12.   Registration  Rights Agreement.  The Company agrees to file a registration
      statement  covering the resale of 100% of the common shares underlying the
      Warrants  ("Underlying Shares") within 40 business days from the execution
      of this Warrant  Agreement.  Upon a triggering of Section 3(d) hereof, the
      Company  shall,  within  40  business  days  of such  occurrence,  file an
      additional  registration  statement  covering  the  resale  of 200% of the
      Underlying  Shares of the newly  issued  warrants.  The Company  shall use
      commercially   reasonably   best  efforts  to  achieve  and  maintain  the
      effectiveness  of the  registration  statement  until the  legends  may be
      removed  from the  Underlying  Shares  pursuant to Rule  144(k)  under the
      Securities  Act of 1933, as amended,  or until all the  Underlying  Shares
      have been sold, whichever comes first.

13.   Governing  Law.  This  Warrant  and  all  actions  arising  out  of  or in
      connection  with this  Agreement  shall be  governed by and  construed  in
      accordance  with the laws of the State of  Florida  without  regard to the
      conflicts of law principles.

Issued this 9th day of May, 2005

---------------------------
Michael Palandro
CEO
Bidville, Inc.

<PAGE>

EXHIBIT A
NOTICE OF EXERCISE OF WARRANT

TO: Bidville, Inc.

601 Cleveland Street, Suite 220
Clearwater
Florida 33755
U.S.A.
Attention: President

1. The undersigned hereby  irrevocably  elects to purchase  __________ Shares of
   Bidville, Inc. pursuant to the terms of the attached Warrant (No.________).

2.__ The undersigned  elects to exercise the attached Warrant by means of a cash
payment of $_______________, and tenders herewith or by concurrent wire transfer
payment in full for the purchase price of the shares being  purchased,  together
with all applicable transfer taxes, if any.

3. Please issue a certificate or  certificates  representing  said Shares in the
name of the undersigned or in such other name as is specified below:

                                                     (Name)
                  ---------------------------------

                  ---------------------------------

                                                     (Address)
                  ---------------------------------

4 The undersigned  hereby  represents and warrants that the aforesaid Shares are
being acquired for the account of the  undersigned for investment and not with a
view to, or for resale,  in connection with the distribution  thereof,  and that
the  undersigned  has no present  intention of  distributing  or reselling  such
shares and all  representations  and warranties of the  undersigned set forth in
the Warrant Agreement and the Subscription  Agreement  executed  therewith,  are
true and correct as of the date hereof.

DATE:
      -------------------------

 ------------------------------
(Signature  must  conform  to name of holder as  specified  on the face of the
Warrant)

Title:
      -------------------------

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00085-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00085-of-00352.parquet"}]]