Document:

EXHIBIT
      10.5

    

    Verbal
      Lease Agreement Description

    (West
      Palm Beach, Florida)

    

    On
      July
      1, 2005, IQ Micro, Inc. ("Lessee") and D.P. Martin & Associates,
      Inc.("Lessor") verbally agreed to a month-to-month lease for the Lessee's use
      of
      a 250 square foot 
      single
      executive office in a shared office suite located at 500 Australian Avenue,
      Suite 700, West Palm Beach, Florida, 33401. The rental rate is $2,500 per
      month.EXHIBIT
      10.6

    

    Verbal
      Lease Agreement Description

    (Horten,
      Norway)

    

    On
      August
      1, 2005, IQ Micro, Inc. ("Lessee") and Jochri Consult AS ("Lessor") verbally
      agreed to a month-to-month lease for the Lessee's use of a 500 square foot
      space
      consisting of two executive offices, including administrative support, located
      at Nedre vei 4, N-3183 Horten, Norway. The rental rate is $1,600 per
      month.EXHIBIT
      10.7

     

    Hawk
      Associates, Inc.

    227
      Atlantic Blvd

    Key
      Largo, FL 33037

    Tel:
      (305) 852-2383

    Fax:
      (305) 852-2378

    
      

       

    

    Frank
      N.
      Hawkins. Jr. Chief Executive Officer

    Julie
      W.
      Marshall, President

    Info@
      hawkassociates.com

    

    AGREEMENT
      made as of August 1, 2005 (the “Effective Date”) between Hawk
      Associates. Inc.,
      a
      Florida investor relations firm having its place of business at 227 Atlantic
      Blvd, Key Largo, FL 33037 (hereinafter referred to as “Hawk”) and IQ
      Micro
      with an
      address at 500 Australian Avenue South, Suite, 700, West Palm Beach, FL 33401
      (herein after referred to as the “Company”).

    

    WITNESSETH:

    

    WHEREAS,
      Hawk is engaged in the business of providing company identity, investor
      relations, financial media relations arid other appropriate consulting and
      advisory services; and

    

    WHEREAS,
      the Company is desirous of entering into an agreement utilizing Hawk services
      and expertise; and

    

    WHEREAS,
      the Company desires to accept such a relationship upon the terms and conditions
      hereinafter set forth;

    

    NOW,
      THEREFORE, in consideration of the premises and the mutual covenants herein
      contained, it is agreed as follows:

    

    1. The
      Company desires to retain the services of Hawk as an independent contractor
      to
      provide company identity, investor relations consulting and advisory services
      in
      numerous areas and Hawk desires to accept such engagement by Company, pursuant
      to the terms and conditions of this Agreement. These areas include providing
      the
      following services, but are not limited to:

    

    
      	 	
              ·

            	
              Development
                of a complete identity package that will include a company logo,
                stationery, business cards and other appropriate
                materials.

            

    

    
      	 	
              ·

            	
              Development
                of an Investor/Media Relations Wall Street Branding
                Strategy.

            

    

    
      	 	
              ·

            	
              Regular
                exposure on a Hawk investor-oriented website. Company has the unrestricted
                rights to link to the Hawk websites from its
                website.

            

    

    
      	 	
              ·

            	
              Creation
                and Regular Updating of Investment
                Profiles.

            

    

    
      	 	
              ·

            	
              Hawk
                Associates Website Virtual Investor Kit/Virtual Media
                Kit.

            

    

    
      	 	
              ·

            	
              Email
                Alerts

            

    

     

    
      Initials:
        /s/
        RR _____

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      
        	
                Hawk
                  Associates Consulting Agreement

              	
                Page
                  2 of
                  4

              

      

    

     

    
      	 	
              ·

            	
              Drafting
                and Management of Press Releases

            

    

    
      	 	
              ·

            	
              Road
                Shows/Investor Meetings

            

    

    
      	 	
              ·

            	
              PowerPoint
                Investor Presentation

            

    

    
      	 	
              ·

            	
              Quarterly
                Conference Calls (as appropriate)

            

    

    
      	 	
              ·

            	
              Crisis
                Management Consulting (as
                appropriate)

            

    

    
      	 	
              ·

            	
              Development
                and Maintenance of Investor/Media Email and Contact
                Database

            

    

    
      	 	
              ·

            	
              Annual
                Reports/Quarterly Reports to Shareholders (as
                appropriate)

            

    

    
      	 	
              ·

            	
              Expanded
                Company Backgrounder or Fact Sheets

            

    

    
      	 	
              ·

            	
              Mailings
                to Targeted Members of the Investment Community and Media (as
                appropriate)

            

    

    
      	 	
              ·

            	
              Handling
                of Investor information Queries

            

    

    

    2. In
      consideration for such services, Company will provide the following compensation
      to Hawk:

    

    
      	 	
              A.

            	
              Hawk
                will be granted five-year warrants on 250,000 shares of the Company’s
                common stock that will he priced at the closing price of the first
                full
                day of trading of IQ Micro with full piggy back rights to be registered
                with the company’s next registration statement after August 1, 2005. The
                warrants will expire at midnight July 31,
                2010.

            

    

    

    
      	 	
              B.

            	
              Hawk
                will be paid a retainer fee of $7,000 per month. In addition, Hawk
                will be
                reimbursed for normal out of pocket operating expenses such as phones,
                faxes, Fedexes, routine printing and routine postage incurred by
                Hawk on
                behalf of Company. These expenses will be invoiced at a rate of $400
                per
                month. These cash payments will begin with an initial payment of
                $14,800
                representing the first two months of the retainer covering August
                2005
                through September 2005 and basic expenses for that period. The next
                invoice will be issued on October 1, 2005. All subsequent billings
                will be
                one month in advance with travel expenses and other non-routine expenses
                billed in arrears. Invoices will be paid in full within 15
                days.

            

    

    

    
      	 	
              C.

            	
              Hawk
                will be paid a one-time payment of $4,000 for the creation of an
                identity
                package that will include a company logo and designs for stationary,
                business cards, etc.

            

    

    

    
      	 	
              D.

            	
              Company
                shall reimburse Hawk and its representatives for such reasonable
                out-of-pocket expenses as Hawk may incur in connection with the rendition
                of the services. Such items shall include, but not be limited to,
                all
                travel related expenses for Hawk to visit the Company facilities
                as well
                as business and entertainment expenses incurred with financial analysts,
                fund managers, brokers, potential investors, members of the media
                and/or
                financing candidates.

            

    

    

    
      	 	
              E.

            	
              Third
                party vendor expenses such as design fees, printing costs and related
                materials, database acquisitions, PR Newswire fees, conference calls
                and
                special promotions will be billed directly to Company by the vendors.
                Hawk
                will not benefit financially from a markup of these
                services.

            

    

    

      Initials:
        /s/
        RR _____

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              Hawk
                Associates Consulting Agreement

            	
              Page
                3 of
                4

            

    

     

    3.
      The
      initial term (“Term”) of this Agreement shall be for a period of six months
      commencing on the Effective Date hereof and ending on January 31, 2006.
      Effective January 31, 2006, this contract will automatically renew for a period
      of 30 days every successive 30 days. After December 31, 2005, either party
      will
      have the right to terminate this agreement with 30 days notice.

    

    4.
      All
      proprietary information furnished to Hawk by Company shall be deemed to be
      confidential and shall be kept in strict confidence under appropriate
      safeguards. Company agrees that the Hawk website and profiles are protected
      by
      applicable copyright laws and will not be copied or otherwise used by Company
      without the written permission of Hawk.

    

    5.
      This
      consulting agreement, acceptable to both parties and representing the full
      and
      final execution of this document, contains the full agreement of the parties
      hereto concerning the subject matter hereof and shall not be modified, altered,
      changed or terminated except pursuant to a writing signed by all of the
      parties.

    

    6.
      This
      agreement shall be binding upon and inure to the benefit of the respective
      heirs, executors, administrators, successors and assigns of the parties
      below.

    

    7.
      The
      validity of this agreement shall be determined in accordance with the internal
      laws of the State of Florida.

    

    8.
      Any
      and all notices, requests, demands or other communications hereunder shall
      be in
      writing, and deemed given and received if delivered personally or sent by
      certified or registered mail, postage prepaid, return receipt requested to
      each
      of the parties hereto at the addresses hereinabove first written or such other
      addresses as may from time to time be designated by any of them in
      writing.

    
      
        Initials:
          /s/
          RR _____

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              Hawk
                Associates Consulting Agreement

            	
              Page
                4 of
                4

            

    

    

    IN
      WITNESS WHEREOF, the Company and Hawk have executed and delivered this agreement
      as of the day ear first above written.

     

    
      	 	 	 
	 	By:  	/s/ Frank
              N.
              Hawkins
	 	Frank N. Hawkins, Jr.
	 	
              CEO

              Hawk Associates,
                Inc.

            

    

     

    Dated:
      Aug 11/05

    

    THE
      UNDERSIGNED HAVE READ

    AND
      HEREBY CONSENT AND
      AGREE

    TO
      THE
      TERMS OF THE FOREGOING

    AGREEMENT.

     

    
      
        	
                By:

              	
                /s/
                  Robert Rudman

              
	 	
                Robert
                  Rudman

              
	 	
                Chief
                  Financial Officer

              
	 	
                IQ
                  Micro Corp.

              

      

       

    

    

    cc:
      Julie
      W. Marshall, President, Hawk Associates, Inc.

    

    

    
      Initials:
        /s/
        RR _____

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