Document:

NEITHER THE SECURITIES REPRESENTED HEREBY NOR THE SECURITIES ISSUABLE UPON THE
EXERCISE HEREOF HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND MAY NOT BE
OFFERED, SOLD, PLEDGED, ASSIGNED, OR OTHERWISE TRANSFERRED UNLESS (1) A
REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE SECURITIES
ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR (2) THE COMPANY RECEIVES AN
OPINION OF COUNSEL TO THE HOLDER OF THIS WARRANT OR SUCH SECURITIES, WHICH
COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT THIS
WARRANT OR SUCH SECURITIES, AS APPLICABLE, MAY BE OFFERED, SOLD, PLEDGED,
ASSIGNED, OR OTHERWISE TRANSFERRED IN THE MANNER CONTEMPLATED WITHOUT AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR APPLICABLE STATE
SECURITIES LAWS.

         THE TRANSFER OF THIS WARRANT IS RESTRICTED AS DESCRIBED HEREIN.

                            SURFNET MEDIA GROUP, INC.

                            WARRANTS FOR THE PURCHASE
                                       OF
                             SHARES OF COMMON STOCK

NO. W-____                                                         JULY 30, 2004

         THIS CERTIFIES that, for value received, TRINITY BUI (together with all
permitted assigns, the "HOLDER") is entitled to subscribe for, and purchase
from, SURFNET MEDIA GROUP, INC., a Delaware corporation (the "Company"), up to
fifty-one thousand four hundred seventy-one (51,471) shares of the Company's
common stock upon the terms and conditions set forth herein, at any time or from
time to time during the period commencing on the date hereof (the "INITIAL
EXERCISE DATE") and terminating at 5:00 p.m., New York City local time, on the
fifth anniversary of the Initial Exercise Date (the "EXERCISE PERIOD"). This
Warrant is exercisable at an exercise price per share equal to $0.60 per share
(the "EXERCISE PRICE"); provided, however, that upon the occurrence of any of
the events specified in Section 5 hereof, the rights granted by this Warrant,
including the number of shares of Common Stock to be received upon such
exercise, shall be adjusted as therein specified.

         This Warrant, together with the warrants issuable upon the transfer
hereof, are hereinafter referred to as the "WARRANTS". Each share of Common
Stock issuable upon the exercise hereof or thereof shall be hereinafter referred
to as a "WARRANT SHARE".

         This Warrant has been issued in accordance with the agreement, dated
July 30, 2004 (the "AGREEMENT"), between the Holder and the Company.

<PAGE>

         SECTION 1         EXERCISE OF WARRANT.

         This Warrant may be exercised during the Exercise Period, either in
whole or in part, by the surrender of this Warrant (accompanied by the election
form, attached hereto, duly executed) to the Company at its office at 2801 South
Fair Lane, Tempe Arizona 85282-3162, or at such other place as is designated in
writing by the Company, together with a certified or bank cashier's check
payable to the order of the Company in an amount equal to the product of the
Exercise Price and the number of Warrant Shares for which this Warrant is being
exercised.

         SECTION 2         RIGHTS UPON EXERCISE; DELIVERY OF SECURITIES.

                  Upon each exercise of the Holder's rights to purchase Warrant
Shares, the Holder shall be deemed to be the holder of record of the Warrant
Shares, notwithstanding that the transfer books of the Company shall then be
closed or certificates representing the Warrant Shares with respect to which
this Warrant was exercised shall not then have been actually delivered to the
Holder. As soon as practicable after each such exercise of this Warrant, the
Company shall issue and deliver to the Holder a certificate or certificates
representing the Warrant Shares issuable upon such exercise, registered in the
name of the Holder or its designee. If this Warrant should be exercised in part
only, the Company shall, upon surrender of this Warrant for cancellation,
execute and deliver a Warrant evidencing the right of the Holder to purchase the
balance of the aggregate number of Warrant Shares purchasable hereunder as to
which this Warrant has not been exercised or assigned.

         SECTION 3         REGISTRATION OF TRANSFER AND EXCHANGE.

                  Any Warrants issued upon the transfer or exercise in part of
this Warrant shall be numbered and shall be registered in a warrant register
(the "WARRANT REGISTER") as they are issued. The Company shall be entitled to
treat the registered holder of any Warrant on the Warrant Register as the owner
in fact thereof for all purposes, and shall not be bound to recognize any
equitable or other claim to, or interest in, such Warrant on the part of any
other person, and shall not be liable for any registration or transfer of
Warrants which are registered or to be registered in the name of a fiduciary or
the nominee of a fiduciary unless made with the actual knowledge that a
fiduciary or nominee is committing a breach of trust in requesting such
registration of transfer, or with the knowledge of such facts that its
participation therein amounts to bad faith. This Warrant shall be transferable
on the books of the Company only upon delivery thereof duly endorsed by the
Holder or by his duly authorized attorney or representative, or accompanied by
proper evidence of succession, assignment, or authority to transfer. In all
cases of transfer by an attorney, executor, administrator, guardian, or other
legal representative, duly authenticated evidence of his, her, or its authority
shall be produced. Upon any registration of transfer, the Company shall deliver
a new Warrant or Warrants to the person entitled thereto. This Warrant may be
exchanged, at the option of the Holder thereof, for another Warrant, or other
Warrants of different denominations, of like tenor and representing in the
aggregate the right to purchase a like number of Warrant Shares (or portions
thereof), upon surrender to the Company or its duly authorized agent.
Notwithstanding the foregoing, neither this Warrant nor the Warrant Shares
issued or issuable upon exercise of this Warrant may be sold, transferred,
assigned, hypothecated or otherwise disposed of without the Holder first
providing the Company with an opinion of counsel reasonably satisfactory to the
Company that such sale, transfer, assignment, hypothecation or other disposal
will be exempt from the registration and prospectus delivery requirements of
applicable federal and state securities laws and regulations. It is expressly
agreed herein that Reitler Brown LLC is a counsel reasonably satisfactory to the
Company.

                                      -2-
<PAGE>

         SECTION 4         RESERVATION OF SHARES.

                  The Company shall at all times reserve and keep available out
of its authorized and unissued Common Stock, solely for the purpose of providing
for the exercise of the Warrants, such number of shares of Common Stock as
shall, from time to time, be sufficient therefor. The Company represents that
all shares of Common Stock issuable upon exercise of this Warrant are duly
authorized and, upon receipt by the Company of the full payment for such Warrant
Shares, will be validly issued, fully paid, and nonassessable, without any
personal liability attaching to the ownership thereof and will not be issued in
violation of any preemptive or similar rights of stockholders.

         SECTION 5         ANTIDILUTION.

                  (a) (i) If, while this Warrant is outstanding, the Company
effects a subdivision of the outstanding Common Stock, the Exercise Price then
in effect shall be proportionately decreased and the number of Warrant Shares
issuable upon exercise of this Warrant shall be increased in proportion to such
increase of outstanding Common Stock, and conversely, if, while this Warrant is
outstanding, the Company combines the outstanding Common Stock, the Exercise
Price then in effect shall be proportionately increased and the number of
Warrant Shares issuable upon exercise of this Warrant shall be decreased in
proportion to such decrease in outstanding Common Stock. Any adjustment under
this Section 5(a) shall become effective as of the record date for such event.
For purposes of this Section 5(a), a stock dividend shall be considered a stock
split.

                           (ii) In the event that that Company shall at any time
after the date hereof issue any shares of Common Stock such that the number of
issued and outstanding shares of Common Stock shall exceed 12,000,000 (subject
to adjustments for stock splits, stock dividends, reverse stock splits, and
reclassifications, but excluding any shares issued or issuable upon the exercise
hereof or upon conversion of the Notes (as defined in the Agreement)), then, in
each case, the Exercise Price theretofore in effect shall be adjusted so that it
shall equal the product of (X) multiplied by (Y), where (X) equals the Exercise
Price theretofore in effect and where (Y) equals a fraction, the numerator of
which is 12,000,000 (subject to adjustments for stock splits, stock dividends,
reverse stock splits, and reclassifications, but excluding any shares issued or
issuable upon the exercise hereof or upon conversion of the Notes), and the
denominator of which is the number of shares of Common Stock issued and
outstanding, provided that such denominator exceeds 12,000,000 (subject to
adjustments for stock splits, stock dividends, reverse stock splits, and
reclassifications, but excluding any shares issued or issuable upon the exercise
hereof or upon conversion of the Notes).

                           (iii) Simultaneous with any such adjustment, the
number of Warrant Shares issuable upon exercise of this Warrant shall be
adjusted to equal the quotient of (A) divided by (B), where (A) equals the
product of the number of Warrant Shares issuable upon the exercise of this
Warrant immediately prior thereto multiplied by the Exercise Price per Warrant
Share in effect immediately prior thereto, and where (B) equals the Exercise
Price, as adjusted.

                                      -3-
<PAGE>

                  (b) All calculations under this Section 5 shall be made to the
nearest cent or to the nearest one-hundredth of a share, as the case may be.

                  (c) In any case in which this Section 5 shall require that an
adjustment in the number of Warrant Shares be made effective as of a record date
for a specified event, the Company may elect to defer, until the occurrence of
such event, issuing to the Holder, if the Holder exercised this Warrant after
such record date, the Warrant Shares, if any, issuable upon such exercise over
and above the number of Warrant Shares issuable upon such exercise on the basis
of the number of shares of Common Stock in effect prior to such adjustment;
provided, however, that the Company shall deliver to the Holder a due bill or
other appropriate instrument evidencing the Holder's right to receive such
additional shares of Common Stock upon the occurrence of the event requiring
such adjustment.

                  (d) Whenever there shall be an adjustment as provided in this
Section 5, the Company shall within 15 days thereafter cause written notice
thereof to be sent by registered mail, postage prepaid, to the Holder, at its
address as it shall appear in the Warrant Register, which notice shall be
accompanied by an officer's certificate setting forth the number of Warrant
Shares issuable and the Exercise Price thereof after such adjustment and setting
forth a brief statement of the facts requiring such adjustment and the
computation thereof, which officer's certificate shall be conclusive evidence of
the correctness of any such adjustment absent manifest error.

                  (e) The Company shall not be required to issue fractions of
shares of Common Stock or other capital stock of the Company upon the exercise
of this Warrant. If any fraction of a share of Common Stock would be issuable on
the exercise of this Warrant (or specified portions thereof), the Company shall
pay lieu of such fraction an amount in cash equal to the same fraction of the
current market price on the date of exercise of this Warrant.

                  (f) No adjustment in the Exercise Price per Warrant Share
shall be required if such adjustment is less than $.001; provided, however, that
any adjustments which by reason of this Section 5 are not required to be made
shall be carried forward and taken into account in any subsequent adjustment.

         SECTION 6         RECLASSIFICATION; REORGANIZATION; MERGER.

(a) In case of any capital reorganization, other than in the cases referred to
in Section 5(a) hereof, or the consolidation or merger of the Company with or
into another corporation (other than a merger or consolidation in which the
Company is the continuing corporation and which does not result in any
reclassification of the outstanding shares of Common Stock or the conversion of
such outstanding shares of Common Stock into shares of other stock or other
securities or property), or in the case of any sale, lease, or conveyance to
another corporation of the property and assets of any nature of the Company as
an entirety or substantially as an entirety (such actions being hereinafter
collectively referred to as "REORGANIZATIONS"), there shall thereafter be
deliverable upon exercise of this Warrant (in lieu of the number of Warrant

                                      -4-
<PAGE>

Shares theretofore deliverable) the number of shares of stock or other
securities or property to which a holder of the respective number of Warrant
Shares which would otherwise have been deliverable upon the exercise of this
Warrant would have been entitled upon such Reorganization if this Warrant had
been exercised in full immediately prior to such Reorganization. In case of any
Reorganization, appropriate adjustment, as determined in good faith by the Board
of Directors of the Company, shall be made in the application of the provisions
herein set forth with respect to the rights and interests of the Holder so that
the provisions set forth herein shall thereafter be applicable, as nearly as
possible, in relation to any shares or other property thereafter deliverable
upon exercise of this Warrant. Any such adjustment shall be made by, and set
forth in, a supplemental agreement between the Company, or any successor
thereto, and the Holder, with respect to this Warrant, and shall for all
purposes hereof conclusively be deemed to be an appropriate adjustment. In the
event of sale, lease, or conveyance or other transfer of all or substantially
all of the assets of the Company as part of a plan for liquidation of the
Company, all rights to exercise this Warrant shall terminate 30 days after the
Company gives written notice to the Holder that such sale or conveyance or other
transfer has been consummated.

                  (b) In case of any reclassification or change of the shares of
Common Stock issuable upon exercise of this Warrant (other than a change in par
value or from a specified par value to no par value, or as a result of a
subdivision or combination, but including any change in the shares into two or
more classes or series of shares), or in case of any consolidation or merger of
another corporation into the Company in which the Company is the continuing
corporation and in which there is a reclassification or change (including a
change to the right to receive cash or other property) of the shares of Common
Stock (other than a change in par value, or from no par value to a specified par
value, or as a result of a subdivision or combination, but including any change
in the shares into two or more classes or series of shares), the Holder or
holders of this Warrant shall have the right thereafter to receive upon exercise
of this Warrant solely the kind and amount of shares of stock and other
securities, property, cash, or any combination thereof receivable upon such
reclassification, change, consolidation, or merger by a holder of the number of
Warrant Shares for which this Warrant might have been exercised immediately
prior to such reclassification, change, consolidation, or merger. Thereafter,
appropriate provision shall be made for adjustments which shall be as nearly
equivalent as practicable to the adjustments in Section 5.

                  (c) The above provisions of this Section 6 shall similarly
apply to successive reclassifications and changes of shares of Common Stock and
to successive consolidations, mergers, sales, leases, or conveyances.

         SECTION 7         NOTICE OF CERTAIN EVENTS.

                  In case at any time the Company shall propose:

         (a) to pay any dividend or make any distribution on shares of Common
Stock in shares of Common Stock or make any other distribution (other than
regularly scheduled cash dividends which are not in a greater amount per share
than the most recent such cash dividend) to all holders of Common Stock; or

                                      -5-
<PAGE>

         (b) to issue any rights, warrants, or other securities to all holders
of Common Stock entitling them to purchase any additional shares of Common Stock
or any other rights, warrants, or other securities; or

         (c) to effect any reclassification or change of outstanding shares of
Common Stock or any consolidation, merger, sale, lease, or conveyance of
property, as described in Section 6; or

         (d) to effect any liquidation, dissolution, or winding-up of the
Company; or

         (e) to take any other action which would cause an adjustment to the
Exercise Price per Warrant Share;

then, and in any one or more of such cases, the Company shall give written
notice thereof by registered mail, postage prepaid, to the Holder at the
Holder's address as it shall appear in the Warrant Register, mailed at least 10
days prior to: (i) the date as of which the holders of record of shares of
Common Stock to be entitled to receive any such dividend, distribution, rights,
warrants, or other securities are to be determined; (ii) the date on which any
such reclassification, change of outstanding shares of Common Stock,
consolidation, merger, sale, lease, conveyance of property, liquidation,
dissolution, or winding-up is expected to become effective and the date as of
which it is expected that holders of record of shares of Common Stock shall be
entitled to exchange their shares for securities or other property, if any,
deliverable upon such reclassification, change of outstanding shares,
consolidation, merger, sale, lease, conveyance of property, liquidation,
dissolution, or winding-up; or (iii) the date of such action which would require
an adjustment to the Exercise Price per Warrant Share.

         SECTION 8         CHARGES AND TAXES.

                  The issuance of any shares or other securities upon the
exercise of this Warrant and the delivery of certificates or other instruments
representing such shares or other securities shall be made without charge to the
Holder for any tax or other charge in respect of such issuance. The Company
shall not, however, be required to pay any tax which may be payable in respect
of any transfer involved in the issue and delivery of any certificate in a name
other than that of the Holder and the Company shall not be required to issue or
deliver any such certificate unless and until the person or persons requesting
the issue thereof shall have paid to the Company the amount of such tax or shall
have established to the satisfaction of the Company that such tax has been paid.

         SECTION 9         PERIODIC REPORTS.

                  The Company agrees that until all the Warrant Shares shall
have been sold pursuant to Rule 144 under the Securities Act or a Registration
Statement under the Securities Act, it shall use best efforts to keep current in
filing all reports, statements, and other materials required to be filed with
the Commission to permit holders of the Warrant Shares to sell such securities
under Rule 144 under the Securities Act.

                                      -6-
<PAGE>

         SECTION 10        LEGEND.

                  Until sold pursuant to the provisions of Rule 144 or otherwise
registered under the Securities Act, the Warrant Shares issued on exercise of
the Warrants shall be subject to a stop transfer order and the certificate or
certificates representing the Warrant Shares shall bear the following legend:

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND
MAY NOT BE OFFERED, SOLD, PLEDGED, ASSIGNED, OR OTHERWISE TRANSFERRED UNLESS (1)
A REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE SECURITIES
ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR (2) THE COMPANY RECEIVES AN
OPINION OF COUNSEL TO THE HOLDER OF THE SECURITIES, WHICH COUNSEL AND OPINION
ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT SUCH SECURITIES MAY BE OFFERED,
SOLD, PLEDGED, ASSIGNED, OR OTHERWISE TRANSFERRED IN THE MANNER CONTEMPLATED
WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR
APPLICABLE STATE SECURITIES LAWS.

         SECTION 11        LOSS; THEFT; DESTRUCTION; MUTILATION.

                  Upon receipt of evidence satisfactory to the Company of the
loss, theft, destruction, or mutilation of any Warrant (and upon surrender of
any Warrant if mutilated), and upon receipt by the Company of reasonably
satisfactory indemnification, the Company shall execute and deliver to the
Holder thereof a new Warrant of like date, tenor, and denomination.

         SECTION 12        STOCKHOLDER RIGHTS.

                  The Holder of any Warrant shall not have, solely on account of
such status, any rights of a stockholder of the Company, either at law or in
equity, or to any notice of meetings of stockholders or of any other proceedings
of the Company, except as provided in this Warrant.

         SECTION 14        GOVERNING LAW.

                  This Warrant shall be construed in accordance with the laws of
the State of New York applicable to contracts made and performed within such
State, without regard to principles of conflicts of law.

                     [REMAINDER OF PAGE INTENTIONALLY BLANK]

                                      -7-
<PAGE>

         IN WITNESS WHEREOF, the Company has executed this Warrant as of the
date first above written.

                                                  SURFNET MEDIA GROUP, INC.

                                            /s/ Robert Arkin
                                            BY: __________________________
                                                   NAME:      ROBERT ARKIN
                                                   TITLE:     CHAIRMAN

                                      -8-
<PAGE>

                                                FORM OF ASSIGNMENT

(To be executed by the registered holder if such holder desires to transfer the
attached Warrant.)
        FOR VALUE RECEIVED, ______________________ hereby sells,
assigns, and transfers unto _________________ a Warrant to purchase __________
shares of Common Stock of SurfNet Media Group, Inc., a Delaware corporation (the
"COMPANY"), and does hereby irrevocably constitute and appoint ___________
attorney to transfer such Warrant on the books of the Company, with full power
of substitution.

Dated: _________________

                                                 Signature______________________

                                     NOTICE
         The signature on the foregoing Assignment must correspond to the name
as written upon the face of this Warrant in every particular, without alteration
or enlargement or any change whatsoever.

                                       -9-
<PAGE>

                              ELECTION TO EXERCISE

To:      SurfNet Media Group, Inc.

         The undersigned hereby exercises his, her, or its rights to purchase
shares of Common Stock (the "COMMON STOCK"), of SurfNet Media, Inc., a Delaware
corporation (the "COMPANY"), covered by the within Warrant and tenders payment
herewith in the amount of $_____ in accordance with the terms thereof, and
requests that certificates for the securities constituting such shares of Common
Stock be issued in the name of, and delivered to:

     (Print Name, Address, and Social Security or Tax Identification Number)

and, if such number of shares of Common Stock shall not constitute all such
shares of Common Stock covered by the within Warrant, that a new Warrant for the
balance of the shares of Common Stock covered by the within Warrant shall be
registered in the name of, and delivered to, the undersigned at the address
stated below.

Dated: __________________                   Name________________________

                                                      (Print)
Address:

                                               ------------------------
                                                     (Signature)

                                      -10-
<PAGE>THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND NEITHER THIS NOTE NOR
ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED, OR OTHERWISE
TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT WITH RESPECT THERETO IS
EFFECTIVE UNDER THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR
(2) THE COMPANY RECEIVES AN OPINION OF COUNSEL TO THE HOLDER OF THIS NOTE, WHICH
COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT THIS NOTE
MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED, OR TRANSFERRED IN THE MANNER
CONTEMPLATED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR
APPLICABLE STATE SECURITIES LAWS.

                            SURFNET MEDIA GROUP, INC.
                           CONVERTIBLE PROMISSORY NOTE

$40,000.00                                                        JULY 30, 2004
                                                                 TEMPE, ARIZONA

         SURFNET MEDIA GROUP, INC., a Delaware corporation (the "COMPANY"), for
value received, hereby promises to pay to BRIAN CHING, an individual residing at
the address set forth on the signature page hereof, or registered assigns (the
"HOLDER"), the principal amount of Forty Thousand United States Dollars
($40,000) on the Maturity Date (as defined below), and to pay interest on the
unpaid principal balance hereof at the rate (calculated on the basis of a
360-day year consisting of twelve 30-day months) of 10% per annum from the date
hereof until the Maturity Date. All capitalized terms used, but not otherwise
defined, herein shall have the respective definitions assigned thereto in the
Agreement (as hereinafter defined).

         1. PAYMENTS.

         (a) The principal of this Note shall be due and payable in full on the
Maturity Date unless converted in accordance with Section 6 hereof. The
"MATURITY DATE" shall be two years from the date hereof. If the Maturity Date
falls on a day that is not a Business Day (as defined below), the payment due on
the Maturity Date will be made on the next succeeding Business Day with the same
force and effect as if made on the Maturity Date. "BUSINESS DAY" means any day
which is not a Saturday or Sunday and is not a day on which banking institutions
are generally authorized or obligated to close in the City of Phoenix, Arizona.

         (b) Interest on the unpaid principal balance of this Note shall accrue
fom the date of issuance hereof through the Maturity Date and be due and payable
in full on the Maturity Date unless converted in accordance with Section 6
hereof.

<PAGE>

         (c) The Company may, without the prior written consent of the Holder,
prepay all or any part of the principal of this Note, without payment of any
premium or penalty. All payments on this Note shall be applied first to accrued
interest hereon and the balance to the payment of principal hereof. Payments of
principal of, and interest on, this Note shall be made by check sent to the
Holder's address set forth above or to such other address as the Holder may
designate for such purpose from time to time by written notice to the Company,
by electronic wire transfer or in such coin or currency of the United States of
America as at the time of payment shall be legal tender for the payment of
public and private debts.

         (d) The obligations to make the payments provided for in this Note are
absolute and unconditional and not subject to any defense, set-off,
counterclaim, rescission, recoupment, or adjustment whatsoever. The Company
hereby expressly waives demand and presentment for payment, notice of
non-payment, notice of dishonor, protest, notice of protest, bringing of suit,
and diligence in taking any action to collect any amount called for hereunder,
and shall be directly and primarily liable for the payment of all sums owing and
to be owing hereon, regardless of and without any notice, diligence, act, or
omission with respect to the collection of any amount called for hereunder.

         2. COVENANTS.

                  The Company covenants and agrees with the Holder that, so long
as any amount remains unpaid on the Note, unless the consent of the majority in
interest of all of the Holders is obtained or except as otherwise provided
herein, the Company:

         (a) Shall not pay any dividend or make any distribution on, or
purchase, redeem, or retire, any shares of its capital stock or any warrants,
options, or other rights to reacquire any such shares, except that the Company
may pay dividends payable solely in shares of its capital stock.

         (b) Promptly after the Company shall obtain knowledge of the occurrence
of any Event of Default (as hereinafter defined) or any event which with notice
or lapse of time or both would become an Event of Default (an Event of Default
or such other event being a "DEFAULT"), deliver a notice specifying that such
notice is a "NOTICE OF DEFAULT" and describing such Default in reasonable
detail, and, in such Notice of Default or as soon thereafter as practicable, a
description of the action the Company has taken or proposes to take with respect
thereto.

         3. EVENTS OF DEFAULT.

         The occurrence of any of the following events shall constitute an event
of default (an "EVENT OF Default"):

         (a) A default in the payment of the principal on any Note, when and as
the same shall become due and payable.

         (b) A default in the payment of any interest on any Note, when and as
the same shall become due and payable, which default shall continue for five
business days after the date fixed for the making of such interest payment.

                                      -2-
<PAGE>

         4. REMEDIES UPON DEFAULT.

         (a) Upon the occurrence of an Event of Default, the Holder, by notice
in writing given to the Company, may declare the entire principal amount then
outstanding of, and the accrued interest on, this Note to be due and payable
immediately, and upon any such declaration the same shall become and be due and
payable immediately, without presentation, demand, protest, or other formalities
of any kind, all of which are expressly waived by the Company.

         (b) The Holder may institute such actions or proceedings in law or
equity as it shall deem expedient for the protection of its rights and may
prosecute and enforce its claims against all assets of the Company, and in
connection with any such action or proceeding shall be entitled to receive from
the Company payment of the principal amount of this Note plus accrued interest
to the date of payment plus reasonable expenses of collection, including,
without limitation, attorneys' fees and expenses.

         5. TRANSFER. The Holder acknowledges that he has been advised by the
Company that this Note has not been registered under the Securities Act, that
this Note is being issued on the basis of the statutory exemption provided by
Section 4(2) of the Act or Regulation D promulgated thereunder, or both,
relating to transactions by an issuer not involving any public offering. The
Holder acknowledges that he has been informed by the Company of, or is otherwise
familiar with, the nature of the limitations imposed by the Securities Act and
the rules and regulations thereunder on the transfer of securities. In
particular, the Holder agrees that no sale, assignment or transfer of this Note
shall be valid or effective, and the Company shall not be required to give any
effect to any such sale, assignment or transfer, unless (i) the sale,
assignment, or transfer of this Note is registered under the Securities Act, it
being understood that this Note is not currently registered for sale and that
the Company has no obligation or intention to so register the Notes, or (ii)
this Note is sold, assigned, or transferred in accordance with all the
requirements and limitations of Rule 144 under the Act, it being understood that
Rule 144 is not available at the time of the original issuance of this Note for
the sale of this Note and that there can be no assurance that Rule 144 sales
will be available at any subsequent time, or (iii) such sale, assignment, or
transfer is otherwise exempt from registration under the Securities Act.

         6. CONVERSION.

         (a) (i) During the period commencing on the date hereof and terminating
on the Maturity Date or the earlier prepayment of this Note pursuant hereto, the
Holder may convert the principal amount of this Note due and payable on the
Maturity Date, and any payment of interest thereon (the "CONVERSION AMOUNT"),
into shares of Common Stock determined by dividing the Conversion Amount by the
Conversion Price (as defined below).

                  (ii) Unless earlier converted pursuant to Section 6(a) above,
on the Maturity Date the outstanding principal amount of this Note due and
payable on the Maturity Date, and any payment of interest thereon, shall
automatically be converted into shares of Common Stock determined by dividing
the Conversion Amount by the Conversion Price (as defined below).

                                      -3-
<PAGE>

         (b) The number of shares of Common Stock to be delivered upon such
conversion shall equal the quotient of (A) divided by (B), where (A) equals the
principal amount of, and accrued but unpaid interest on, this Note, and where
(B) equals the Conversion Price. For purposes of this Note, the term "CONVERSION
PRICE" shall mean $0.60. Accordingly, the principal amount of the Note is
convertible into 66,667 shares of Common Stock and accrued interest thereon, is
convertible into Common Stock at the rate of 19 shares per day on the basis of a
360-day year.

         (c) In the event that the Company shall at any time after the date of
this Note (the "ISSUANCE Date") (1) declare a dividend on the outstanding Common
Stock payable in shares of its capital stock, (2) subdivide the outstanding
Common Stock, (3) combine the outstanding Common Stock into a smaller number of
shares, or (4) issue any shares of its capital stock by reclassification of the
Common Stock (including any such reclassification in connection with a
consolidation or merger in which the Company is the continuing corporation),
then, in each case, the Conversion Price at the time of the record date for the
determination of stockholders entitled to receive such dividend or distribution
or of the effective date of such subdivision, combination, or reclassification
shall be adjusted so that it shall equal the Conversion Price theretofore in
effect multiplied by a fraction, the numerator of which shall equal the number
of shares outstanding immediately prior to the effective date of such event and
the denominator of which shall equal the number of shares outstanding
immediately following the effective date of such event.

         (d) In case of any capital reorganization or the consolidation or
merger of the Company with or into another Company (other than a merger or
consolidation in which the Company is the continuing corporation and which does
not result in any reclassification of the outstanding shares of Common Stock or
the conversion of such outstanding shares of Common Stock into shares of other
stock or other securities or property), or in the case of any sale, lease, or
conveyance to another corporation of the property and assets of any nature of
the Company as an entirety or substantially as an entirety (such actions being
hereinafter collectively referred to as "REORGANIZATIONS"), there shall
thereafter be deliverable upon conversion of the Notes (in lieu of the number of
shares of Common Stock theretofore deliverable) the number of shares of stock or
other securities or property to which a holder of the respective number of
shares of Common Stock which would theretofore have been deliverable upon the
conversion of such share of Notes would have been entitled upon such
Reorganization if such Notes had been converted immediately prior to such
Reorganization. In case of any Reorganization, appropriate adjustment, as
determined in good faith by the Board of Directors of the Company, shall be made
in the application of the provisions herein set forth with respect to the rights
and interests of the holders of the Notes so that the provisions set forth
herein shall thereafter be applicable, as nearly as possible, in relation to any
shares or other property thereafter deliverable upon conversion of the Notes.
Any such adjustment shall be made by, and set forth in, a supplemental agreement
between the Company, or any successor thereto, and the holders of the Notes, and
shall for all purposes hereof conclusively be deemed to be an appropriate
adjustment. The Company shall not effect any such Reorganization unless, upon or
prior to the consummation thereof, the successor corporation, or if the Company
shall be the surviving corporation in any such Reorganization and is not the
issuer of the shares of stock or other securities or property to be delivered to
holders of shares of the capital stock of the Company outstanding at the
effective time thereof, then such issuer, shall assume by written instrument the
obligation to deliver to the holders of the Notes such shares of stock,
securities, cash, or other property as such holders shall be entitled to
purchase in accordance with the foregoing provisions.

                                      -4-
<PAGE>

         (e) In case of any reclassification or change of the shares of Common
Stock or other securities issuable upon conversion of the Notes (other than a
change in par value or from a specified par value to no par value, or as a
result of a subdivision or combination, but including any change in the shares
into two or more classes or series of shares), or in case of any consolidation
or merger of another corporation into the Company in which the Company is the
continuing corporation and in which there is a reclassification or change
(including a change to the right to receive cash or other property) of the
shares of Common Stock or other securities issuable upon conversion of the Notes
(other than a change in par value, or from no par value to a specified par
value, or as a result of a subdivision or combination, but including any change
in the shares into two or more classes or series of shares), the Notes shall
thereafter be convertible into solely the kind and amount of shares of stock and
other securities, property, cash, or any combination thereof receivable upon
such reclassification, change, consolidation, or merger by a holder of the
number of shares of Common Stock for which Notes might have been exercised
immediately prior to such reclassification, change, consolidation, or merger.
Thereafter, appropriate provision shall be made for adjustments which shall be
as nearly equivalent as practicable to the adjustments in this Section 6.

         (f) The provisions of paragraphs (d) and (e) of this Section 6 shall
similarly apply to successive reclassifications and changes of shares of Common
Stock and to successive consolidations, mergers, sales, leases, or conveyances.

         7. MISCELLANEOUS.

         (a) Any notice or other communication required or permitted to be given
hereunder shall be in writing and shall be mailed by certified mail, return
receipt requested, or by Federal Express, Express Mail or similar overnight
delivery or courier service or delivered (in person or by telecopy, telex or
similar telecommunications equipment) against receipt to the party to whom it is
to be given, (i) if to the Company, at its address, 2801 South Fair Lane, Tempe,
Arizona 85282-3162, Attention: President, (ii) if to the Holder, at its address
set forth on the signature page hereof, or (iii) in either case, to such other
address as the party shall have furnished in writing in accordance with the
provisions of this Section 7(a). Notice to the estate of any party shall be
sufficient if addressed to the party as provided in this Section 7(a). Any
notice or other communication given by certified mail shall be deemed given at
the time of certification thereof, except for a notice changing a party's
address which shall be deemed given at the time of receipt thereof. Any notice
given by other means permitted by this Section 7(a) shall be deemed given at the
time of receipt thereof.

         (b) No course of dealing and no delay or omission on the part of the
Holder in exercising any right or remedy shall operate as a waiver thereof or
otherwise prejudice the Holder's rights, powers or remedies. No right, power, or
remedy conferred by this Note upon the Holder shall be exclusive of any other
right, power, or remedy referred to herein or now or hereafter available at law,
in equity, by statute or otherwise, and all such remedies may be exercised
singly or concurrently.

                                      -5-
<PAGE>

         (c) This Note may be amended only by a written instrument executed by
the Company and the Holder hereof. Any amendment shall be endorsed upon this
Note, and all future Holders shall be bound thereby.

         (d) This Note has been negotiated and consummated in the State of
Arizona and shall be governed by, and construed in accordance with, the laws of
the State of Arizona, without giving effect to principles governing conflicts of
law.

         (e) THE HOLDER hereby acknowledges that the Holder has been advised
that the person who drafted this Note on behalf of the Company is a licensed
attorney, that such person is representing the Company's interests only and that
the Holder has been urged to retain legal counsel to advise the Holder in
connection with the execution of this Note.

         IN WITNESS WHEREOF, the Company has caused this Note to be executed and
dated the day and year first above written.

                                                     SURFNET MEDIA GROUP, INC.

                                                          /s/ Robert Arkin
                                                     BY:________________________
                                                          NAME:    ROBERT ARKIN
                                                          TITLE:    CHAIRMAN

ACCEPTED:

HOLDER:

 /s/ Brian Ching
------------------------------
Brian Ching

Address:
         -----------------------

                                      -6-
<PAGE>

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