Document:

EXHIBIT 4.2

                            CORONADO INDUSTRIES, INC.

                             STOCK OPTION AGREEMENT
                      UNDER 2004 EMPLOYEE STOCK BONUS PLAN

                                                    Date of Grant: June 22, 2004

     Consult Your Personal Tax Advisor: Substantial Tax Consequences Will Result
From Your Exercise Of This Stock Option

     CORONADO INDUSTRIES,  INC., a Nevada corporation (the "Corporation") hereby
grants to  _________________  (the  "Optionee"),  pursuant to the 2004  Employee
Stock Bonus Plan of the Corporation (the "Plan") which is incorporated herein by
reference,  an option to purchase a total of _________________  (__0,000) Shares
as defined in the Plan (the "Option"),  on the terms and conditions set forth in
the Plan and hereinafter.  This Option shall not be exercisable  later than June
21, 2014 (herein referred to as the "Expiration Date").

     1.   VESTING.  Subject to the terms and conditions of this  Agreement,  the
Shares  subject to this Option shall be fully vested and  exercisable as of June
22, 2004.

     2.   OPTION PRICE.  The Option price for the 500,000  Shares of this Option
shall be $.068 per share.

     3.   TERMINATION.  This option and all rights  hereunder to the extent such
rights shall not have been exercised shall terminate and become null and void if
the Optionee ceases to be a employee of the Company or its subsidiaries (whether
by resignation,  retirement,  dismissal, death or otherwise), except that (a) in
the event of the death or  disability  of the Optionee  while an employee of the
Company,  this  option  only to the extent  exercisable  at the date of death or
disability  may be  exercised  within the  applicable  period of time and by the
persons  indicated  in Article  VI (6) of the Plan,  and (b) in the event of the
termination  of the  Optionee's  employment by the Company for any other reason,
this option only to the extent  exercisable at the date of such  termination may
be exercised  prior to the  expiration of three (3) months from the date of such
termination,  and shall terminate in all other respects; provided, however, that
in no event may this option be exercised after the Expiration Date.

     4.   EXERCISE. This Option is exercisable with respect to all, or from time
to time with respect to any portion, of the Shares described above which have at
that time become vested, by delivering  written notice of such exercise,  in the
form  prescribed by the Board,  to the principal  office of the Secretary of the
Corporation.  Each such notice  shall be  accompanied  by payment in full of the
Option price of such Shares.

     5.   NON-TRANSFERABLE.  This Option shall during the Optionee's lifetime be
exercisable  only by the  Optionee,  and  neither  this  Option  nor  any  right
thereunder  shall  be  transferable  except  by  will or  laws  of  descent  and
distribution,  or be subject to attachment,  execution or other similar process.
In the  event of any  attempt  by the  Optionee  to  alienate,  assign,  pledge,

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hypothecate or otherwise dispose of the Option or any right  thereunder,  except
as provided for herein, or in the event of the levy of any attachment, execution
or similar process upon the rights or interest hereby conferred, the Corporation
may  terminate  this  Option by notice to the  Optionee  and this  Option  shall
thereupon become null and void.

     6.   LEGAL  RESTRICTIONS.  If the sale of the Shares purchased hereunder is
not  registered  under the Securities Act of 1933, but an exemption is available
which  requires  an  investment  or other  representation,  the  Optionee  shall
represent and agree at the time of exercise that the Shares being  acquired upon
exercising this Option are being acquired for  investment,  and not with view to
the sale or distribution  thereof, and shall make such other  representations as
are deemed  necessary or  appropriate  by the  Corporation  and its counsel.  In
addition,  the Optionee agrees that the following  legend may be included on the
certificate representing the Shares:

     The shares  represented  hereby have not been  registered  under the United
States  Securities  Act of 1933, as amended,  and may not be sold,  pledged,  or
otherwise  transferred without an effective  registration thereof under such act
or an opinion of counsel, satisfactory to the company and its counsel, that such
registration is not required.

     7.   CORPORATE  TRANSACTIONS.  If the Corporation is merged or consolidated
into or with another  corporation  (other than by a merger or  consolidation  in
which the  Corporation is the surviving  corporation)  or the Corporation or the
Corporation's assets are purchased by another company in exchange for stock, the
Corporation shall give the Optionee written notice of the Corporation's  initial
or preliminary  agreement to the  transaction and the details of the transaction
at least 60 days prior to the closing of the  transaction  and an  additional 30
days  written  notice  prior to the  closing  date of the  transaction  and each
postponed closing date of the transaction.  The then exercisable but unexercised
Shares  granted in the Option may be exercised by the Optionee at any time prior
to the closing date of the transaction  and such exercised  Shares shall then be
deemed outstanding at the close of the transaction.

     8.   TAX  CONSEQUENCES.  This Stock Option is not intended as an "Incentive
Stock  Option"  under  Section  422A of the Internal  Revenue  Code of 1986,  as
amended.  Substantial tax  consequences are involved in the decision to exercise
this Option.  Therefore,  the Optionee  should consult with and seek advice from
his personal tax consultant prior to exercising this Option.

     9.   MISCELLANEOUS.

          (a)  Neither  the  granting of this  Option nor the  exercise  thereof
shall be construed as conferring  upon the Optionee any right to continue in the
engagement of the Corporation or any of its subsidiaries, or as interfering with
or  restricting  in any way the  right  of the  Corporation  to  terminate  such
engagement at any time.

          (b)  Neither the  Optionee,  nor any person  entitled to exercise  his
rights in the event of his death,  shall have any of the rights of a stockholder
with respect to the Shares  subject to this  Option,  except after such date the
Optionee  or such person has been  issued the Shares by the  Corporation  or its
agent.

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          (c)  The   Corporation   is  relieved   from  any  liability  for  the
non-issuance  or  non-transfer  or any delay in the  issuance or transfer of any
Shares  subject  to  this  Option  which  results  from  the  inability  of  the
Corporation to obtain,  or in any delay in obtaining,  from each regulatory body
having  jurisdiction all requisite  authority to issue or transfer Shares of the
Corporation in satisfaction of this Option if counsel for the Corporation  deems
such authority necessary for the lawful issuance or transfer of any such shares.

          (d)  No Shares  acquired by  exercise of this Option  shall be sold or
otherwise  disposed of in  violation of any federal or state  securities  law or
regulation in the Untied States.

          (e)  This  Option  shall  be  exercised   in   accordance   with  such
administrative  regulations  as the  Corporation's  Board  may from time to time
adopt. All decisions of the Board upon any legitimate question arising under the
Plan or under this Stock Option  Agreement  shall be conclusive and binding upon
the Optionee and all other persons, if determined in good faith.

     IN WITNESS WHEREOF, this Stock Option Agreement has been executed as of the
day and year first written above.

                                         CORONADO INDUSTRIES, INC.

                                         By: ___________________________________
                                             G. Richard Smith, Chairman

                                       3EXHIBIT 10.01

                                 PROMISSORY NOTE

$250,000                                                         August 30, 2004

     FOR VALUE RECEIVED, the undersigned Maker promises to pay to Candace McKey
(the "Holder"), the principal sum of Two Hundred Fifty Thousand and No/100ths
dollars ($250,000) with interest on the unpaid principal balance from the date
of this Note, until paid, at the rate of Eighteen Percent (18%) per annum, in
lawful funds of the United States of America. Principal and interest shall be
due and payable at 7737 S.E. Loblolly Dr. Hobe Sound, Florida 33455 or at such
place as Holder, or its agent, designee, or assignee may from time to time
designate in writing prior to the date of repayment. Interest only shall be due
and payable to Holder monthly, commencing September 1, 2004 and continuing on
the first day of each month thereafter during the term of the Note. The
Principal Amount plus any accrued but unpaid interest shall be repaid in full on
the earliest to occur of the following: (i) upon receipt by the Company of gross
proceeds in an amount not less than $2,000,000 in equity financing through
Westminster Securities Corp.; or (ii) August 31, 2005. Principal shall be repaid
in lawful money of the United States of America, at the address of Lender, or at
such other place as Lender may from time to time designate in writing prior to
the date of repayment. The loan may be prepaid in whole or in part by NFE at any
time without penalty.

     If the Maker fails to repay the Note when it becomes due and payable, the
Maker shall be in Default. Any Default under any other loan document executed in
connection with this Note, including, but not limited to, the Deed of Trust and
Loan Agreement, shall be a default under this Note. If any payment required by
this Note is not paid when due, or if any default under the Deed of Trust
securing this Note or under the Loan Agreement occurs, the entire principal
amount outstanding and accrued interest thereon shall become immediately due and
payable upon notice from the Holder. If payment of this Note or any portion
thereof shall not be paid when due, and any action is brought to enforce
collection thereof, the Maker agrees to pay all reasonable costs and attorney's
fees in connection with such action.

     Maker may pre-pay the principal amount outstanding under this Note, in
whole or in part, at any time upon not less than 15 days advance written notice
to Holder. Any partial pre-payment shall be first applied against interest due
and thereafter against the principal amount outstanding, and such prepayment
shall not postpone the due date of any subsequent payments or change the amount
of such payments.

     Failure of Holder to exercise any of the options granted herein upon the
happening of one or more of the events giving rise to such options shall not
constitute a waiver of the right to exercise the same or any other option at any
subsequent time in respect to the same or any other event. The acceptance by
Holder of any payment hereunder that is less than payment in full of all amounts
due and payable at the time of such payment shall not constitute a waiver of the
right to exercise any of the options granted herein to Holder at that time or at
any subsequent time or nullify any prior exercise of any such option without the
express written acknowledgment of the Holder.

     Maker hereby waives presentment and demand for payment, notice of intent to
accelerate maturity, notice of acceleration of maturity, protest and notice of
protest and non payment, all applicable exemption rights, valuation and
appraisement, notice of demand, and all other notices in connection with the
delivery, acceptance, performance, default or enforcement of the payment of this
Note and the bringing of suit and diligence in taking any action to collect any
sums owing hereunder or in proceeding against any of the rights and collateral
securing payment hereof. No extension of time for the payment of this Note or
any installment hereof shall affect the liability of Maker under this Note.

     The Note shall be binding upon the Maker and its successors and assigns,
and shall inure to the benefit of the Holder and its successors and assigns.

     This Note shall be construed in accordance with the laws of the State of
Colorado.

                                             NEW FRONTIER ENERGY, INC.

                                            By: /s/ Paul G. Laird
                                                ------------------------
                                                Paul G. Laird, President

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