Document:

Unassociated Document

    
       

      Exhibit
        4.52.1

       

      FIRST
        AMENDMENT

      TO

      STOCK
        PURCHASE WARRANT

      

      THIS
        FIRST AMENDMENT TO STOCK PURCHASE WARRANT (this “Amendment”) is made and entered
        into as of June 30, 2005, by E.DIGITAL
        CORPORATION,
        a
        Delaware corporation (“Company”) in favor of [_____________________________],
        or its
        registered assigns (“Holder”). 

      

      R E C I T A L S

      

      A. Whereas,
        the Company has previously executed and delivered to Holder that certain
        12%
        Subordinated Promissory Note dated on or about July 1, 2004 (the “Note”) and, in
        connection therewith, issued to Holder a Stock Purchase Warrant of even date
        (the “Warrant”); 

      

      B. Whereas,
        Holder is one of several holders of the 12% Subordinated Promissory Notes
        (collectively, the “12% Subordinated Promissory Notes”) and one of several
        holders of Stock Purchase Warrants (collectively, the “Warrants”);

      

      C. Whereas,
        holders of at least fifty-one percent (51%) in the aggregate principal amount
        of
        the 12% Subordinated Promissory Notes outstanding may amend, modify and/or
        waive
        certain requirements and obligations of the Company under the 12% Subordinated
        Promissory Notes and the Warrants and bind all holders with respect to such
        amendment, modification and waiver; and 

      

      D. Whereas,
        the Company desires to modify the 12% Subordinated Promissory Notes and the
        Warrants and Holder, consents to such modification as set forth
        herein.

      

      NOW,
        THEREFORE, for a valuable consideration, the receipt and adequacy of which
        is
        hereby acknowledged, the parties hereto agree as follows:

      

      5.  Purchase
        Price.
        The
“Purchase Price” referenced in Section 3 of the Warrant is hereby reduced from
        twenty-five cents ($0.25) to nineteen cents ($0.19).

      

      6.  Conditions
        to Amendment.
        As a
        condition to the obligation of the Company to execute and deliver this
        Amendment, Holder concurrently herewith shall enter into Amendment No. 1
        to 12%
        Subordinated Promissory Note entered into as of July 1, 2004 (the “Note”)
        extending the maturity date thereof from July 1, 2005 to December 31,
        2005.

      

      7.  Effective
        Amendment.
        Except
        as expressly modified, altered or supplemented herein, all of the provisions
        of
        the Warrant remain in full force and effect; provided,
        however,
        that in
        the event of any conflict between the provisions of the Warrant and the
        provisions of this Amendment, the provisions of this Amendment shall
        control.

      

      8.  Counterparts.
        This
        Amendment may be executed in two or more counterparts each of which shall
        be
        deemed an original but all of which taken together shall constitute but one
        and
        the same Amendment.

      

      IN
        WITNESS WHEREOF, the parties hereto have duly executed this First Amendment
        to
        Stock Purchase Warrant as of the date first above written.

      

      [SIGNATURE
        PAGE FOLLOWS]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      SIGNATURE
        PAGE 

      TO

      FIRST
        AMENDMENT

      TO

      STOCK
        PURCHASE WARRANT

      

       

      
         

        
          	“COMPANY”	“HOLDER”
	 	 	 	  

	E.DIGITAL
                  CORPORATION
13114
                  Evening Creek Drive South
San
                  Diego, California 92128	Name	 
	 	 	 	 	 
	By:	  
	 	By: 	  
                  
	
                   

                	
                  Atul
                    Anandpura

                	 	 	 
	
                   

                	
                  President
                    and CEO 

                	 	Title:
	 

	 	
                	 	 	 
	 	
                	 	Address:Exhibit 10.1

                            SHARE EXCHANGE AGREEMENT

         This SHARE EXCHANGE  AGREEMENT  (this  "Agreement")  dated as of May__,
2005, by and among ADVANCED PLANT PHARMACEUTICALS,  INC., a Delaware corporation
having an address at 43 West 33rd Street,  New York,  New York 10001  ("ADVANCED
PLANT"),  AKID CORP., a Colorado corporation having an address at 16200 WCR 18E,
Loveland,  Colorado ("AKID"), and JAMES B. WIEGAND (the "AKID Stockholder"),  an
individual having an address at 16200 WCR 18E, Loveland, Colorado.

                                    RECITALS

         A.  ADVANCED  PLANT is the holder of Seven Million  (7,000,000)  shares
(the "Mazal Shares") of the common stock of Mazal Plant  Pharmaceutical  Inc., a
Delaware corporation ("Mazal"), and the Mazal Shares represent approximately 72%
of the issued and outstanding shares of Mazal.

         B. The parties  hereto  desire that  ADVANCED  PLANT convey to AKID the
Mazal Shares, and that, in exchange therefore, AKID pay to ADVANCED PLANT Twenty
Million and 00/100 Dollars ($20,000,000.00) (the "Purchase Price") by issuing to
ADVANCED  PLANT Twenty  Million  shares of AKID's  common  stock (the  "Exchange
Shares"), so that, after the consummation of such exchange,  ADVANCED PLANT will
hold a majority of the issued and  outstanding  common shares of AKID,  and AKID
will hold a majority of the issued and outstanding common shares of Mazal.

         C. In order for AKID to issue  all of the  Exchange  Shares,  AKID must
amend its Articles of Incorporation for the purpose of increasing its authorized
common stock from 20,000,000 shares to 40,000,000 shares (the "AKID Amendment"),
and  17,500,000  of the  Exchange  Shares  shall be issued at  Closing,  and the
remaining 2,500,000 of the Exchange Shares shall be issued immediately after the
effective date of the AKID Amendment.

         D. It is intended that the Exchange Shares to be issued pursuant hereto
will be issued to ADVANCED  PLANT under  Section 4(2) of the  Securities  Act of
1933, as amended (the "Securities  Act") and/or  Regulation D promulgated by the
Securities  and  Exchange  Commission  (the "SEC")  thereunder  and shall not be
registered under the Securities Act or any other relevant laws or regulations.

         E. The parties  hereto  intend that the  transaction  described  herein
qualify as a tax-free  reorganization  under Section 368 of the Internal Revenue
Code of 1986, as amended (the "Code").

         NOW,  THEREFORE,  in  consideration  of  the  covenants,  promises  and
representations set forth herein, and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, and intending to be
legally bound hereby, the parties agree as follows:

                                      -1-
<PAGE>

                                    ARTICLE I
                                   DEFINITIONS

      1.1   Certain  Definitions.  As used in this  Agreement  and the schedules
hereto, the following terms have the respective meanings set forth below.

            (a)   "Action"  means any  administrative,  regulatory,  judicial or
other proceeding by or before any Governmental Authority or arbitrator.

            (b)   "Affiliate"  means,  with  respect  to any  Person,  any other
Person  that,  directly  or  indirectly,  through  one or  more  intermediaries,
controls,  is controlled by, or is under common control with,  such Person.  The
term "control"  means the  possession,  directly or indirectly,  of the power to
direct  or cause the  direction  of the  management  and  policies  of a Person,
whether  through the ownership of voting  securities,  by contract or otherwise,
including  the ability to elect the members of the board of  directors  or other
governing body of a Person,  and the terms  "controlled" and "controlling"  have
correlative meanings.

            (c)   "Business  Day"  means  a day on  which  banks  are  open  for
business in New York, New York.

            (d)   "Claims"  means  any and all  claims,  demands  or  causes  of
action, relating to or resulting from an Action.

            (e)   "Contract" means any contract,  agreement,  indenture, deed of
trust,  license,  note,  bond,  mortgage,   lease,  guarantee  and  any  similar
understanding or arrangement, whether written or oral.

            (f)   "Encumbrances"   means  security  interests,   liens,  Claims,
charges, title defects,  deficiencies or exceptions (including,  with respect to
Real  Property,  defects,   deficiencies  or  exceptions  in,  or  relating  to,
marketability  of title,  or leases,  subleases  or the like  affecting  title),
mortgages,  pledges,  easements,  encroachments,  restrictions  on  use,  rights
of-way,  rights of first  refusal,  conditional  sales or other title  retention
agreements,  covenants,  conditions  or other  similar  restrictions  (including
restrictions on transfer) or other encumbrances of any nature whatsoever.

            (g)   "GAAP"  means  United  States  generally  accepted  accounting
principles.

            (h)   "Governmental  Authority" means any  supranational,  national,
federal,  state or local government,  foreign or domestic,  or the government of
any political  subdivision  of any of the foregoing,  or any entity,  authority,
agency,  ministry  or other  similar  body  exercising  executive,  legislative,
judicial,  regulatory or administrative  authority or functions of or pertaining
to  government,  including  any  authority  or other  quasi-governmental  entity
established by a Governmental Authority to perform any of such functions.

                                      -2-
<PAGE>

            (i)   "Indebtedness" of any Person means, without  duplication,  (i)
all obligations of such Person for money borrowed;  (ii) all obligations of such
Person evidenced by notes,  debentures,  bonds or other similar  instruments for
the payment of which such Person is responsible or liable; (iii) all obligations
of such Person issued or assumed for deferred purchase price payments associated
with acquisitions,  divestments or other  transactions;  (iv) all obligations of
such Person under leases  required to be capitalized in accordance with GAAP, as
consistently  applied by such Person, (v) all obligations of such Person for the
reimbursement  of any  obligor  on any letter of  credit,  banker's  acceptance,
guarantees or similar credit transaction,  excluding in all cases in clauses (i)
through (v) current  accounts  payable,  trade payables and accrued  liabilities
incurred in the ordinary course of business.

            (j)   "IRS" means the Internal  Revenue Service of the United States
of America.

            (k)   "Laws"  means all  United  States  federal,  state or local or
foreign laws, constitutions,  statutes,  codes, rules, regulations,  ordinances,
executive orders, decrees or edicts by a Governmental Authority having the force
of law.

            (l)   "Liabilities"   means   any   and  all   debts,   liabilities,
commitments  and  obligations,  whether or not fixed,  contingent  or  absolute,
matured or unmatured, direct or indirect, liquidated or unliquidated, accrued or
unaccrued,  known or unknown, whether or not required by GAAP to be reflected in
financial statements or disclosed in the notes thereto.

            (m)   "Person"  means  an  individual,   partnership,   corporation,
limited liability company, joint stock company,  unincorporated  organization or
association, trust, joint venture or Governmental Authority.

            (n)   "Subsidiaries"  of any entity means,  at any date,  any Person
(a) the  accounts of which would be  consolidated  with those of the  Applicable
entity in such entity's  consolidated  financial  statements  if such  financial
statements  were  prepared in  accordance  with GAAP as of such date,  or (b) of
which securities or other ownership interests  representing more than 50% of the
equity  or more  than 50% of the  ordinary  voting  power  or,  in the case of a
partnership, more than 50% of the general partnership interests or more than 50%
of the profits or losses of which are,  as of such date,  owned,  controlled  or
held by the applicable entity or one or more subsidiaries of such entity.

            (o)   "Tax"  means  any  federal,  state,  local or  foreign  taxes,
including but not limited to any income,  gross receipts,  payroll,  employment,
excise, severance,  stamp, business,  premium,  windfall profits,  environmental
(including  taxes under  section  59A of the Code),  capital  stock,  franchise,
profits, withholding,  social security (or similar),  unemployment,  disability,
real property, personal property, sales, use, service, service use, lease, lease
use, transfer, registration, value added tax, or similar tax, any alternative or
add-on minimum tax, and any estimated tax, in each case, including any interest,
penalty, or addition thereto, whether disputed or not.

                                      -3-
<PAGE>

            (p)   "Tax  Benefit"  means  the Tax  effect  of any  item of  loss,
deduction or credit or any other item  (including  increases in Tax basis) which
decreases Taxes paid or required to be paid, including any interest with respect
thereto or interest that would have been payable but for such item.

            (q)   "Tax  Returns"  means  all  returns,  declarations,   reports,
estimates, information returns and statements required to be filed in respect of
Taxes.

            (r)   "Taxing  Authority"  means any  Governmental  Authority having
jurisdiction over the assessment, determination,  collection or other imposition
of Taxes.

      1.2   References and Title.  All references in this Agreement to articles,
sections,  subsections and other subdivisions  refer to the articles,  sections,
subsections and other  subdivisions of this Agreement unless expressly  provided
otherwise.  Titles  appearing at the beginning of any section or subdivision are
for  convenience  only and do not constitute any part of such  subdivisions  and
shall be disregarded in construing the language  contained in such subdivisions.
The words "this Agreement," "this  instrument,"  "herein,"  "hereof,"  "hereby,"
"hereunder"  and words of similar  import refer to this Agreement as a whole and
not to any particular subdivision unless expressly so limited. The phrases "this
Section" and "this subsection" and similar phrases refer only to the sections or
subsections hereof in which such phrases occur. Pronouns in masculine,  feminine
and neuter genders shall be construed to include any other gender,  and words in
the  singular  form shall be  construed  to include  the plural and vice  versa,
unless the context otherwise requires.

                                   ARTICLE II
                                 SHARE EXCHANGE

      2.1   Share Exchange.  Subject to the terms and conditions  stated herein,
the Mazal  Shares and the  Exchange  Shares  shall be  exchanged as follows (the
"Exchange"):

            (a)   at the Closing, ADVANCED PLANT shall assign, transfer, convey,
and  deliver to AKID the Mazal  Shares and any and all rights in such  shares to
which they are entitled,  and by doing so will be deemed to have assigned all of
its  respective  right,  title and  interest in and to all such Mazal  Shares to
AKID; and

            (b)   in exchange for the Mazal  Shares,  AKID shall pay to ADVANCED
PLANT the Purchase  Price by issuing to ADVANCED PLANT (and ADVANCED PLANT shall
accept  and  acquire  from  AKID) the  Exchange  Shares as  follows:  (1) at the
Closing,  AKID shall issue Seventeen Million Five Hundred Thousand  (17,500,000)
shares of its common stock to ADVANCED PLANT; (2) no later than one (1) business
day after the effective date of the AKID Amendment, AKID shall issue to ADVANCED
PLANT Two Million Five Hundred Thousand (2,500,000) shares of its common stock.

      2.2   Tax  Consequences.  It is intended  by the  parties  hereto that the
transactions   contemplated  by  this  Agreement  shall  constitute  a  tax-free
reorganization within the meaning of Section 368 of the Code. The parties hereto
adopt  this  Agreement  as a "plan of  reorganization"  within  the  meaning  of
Sections  1.368-2(g) and  1.368-3(a) of the  regulations  promulgated  under the
Code.

                                      -4-
<PAGE>

                                   ARTICLE III
                                     CLOSING

      3.1   Date and Location of the Closing. The closing (the "Closing") of the
transactions  contemplated  hereunder  shall take place at the  offices of David
Lubin & Associates,  92 Washington Avenue,  Cedarhurst,  NY 11516 simultaneously
with the execution of this Agreement.

      3.2   Deliveries.

            (a)   At the Closing:

                  (1)   ADVANCED PLANT shall deliver to AKID stock  certificates
evidencing all the Mazal Shares,  duly endorsed in blank or accompanied by stock
powers duly executed in blank,  signature medallion  guaranteed,  in proper form
for  transfer  to AKID,  and  such  other  documents  as may be  required  under
applicable law or reasonably requested by AKID.

                  (2)   AKID  shall   deliver  to   ADVANCED   PLANT  (i)  stock
certificates  evidencing  17,500,000  of the Exchange  Shares to which  ADVANCED
PLANT is entitled to hereunder,  (ii)  resignation  letter from AKID Stockholder
resigning from all his positions  with AKID,  (iii) all the books and records of
AKID, including,  without limitation,  copies of all tax returns, resolutions of
the directors,  resolutions of the shareholders,  minutes of meetings, the stock
ledger and other  documents  relating to all issuances of shares;  and (iv) such
other documents as may be required under applicable law or requested by ADVANCED
PLANT.

            (b)   No later than one (1) business  day  following  the  effective
date  of the  AKID  Amendment,  AKID  shall  deliver  to  ADVANCED  PLANT  stock
certificates evidencing 2,500,000 of the Exchange Shares to which ADVANCED PLANT
is entitled to  hereunder,  and such other  documents  as may be required  under
applicable law or reasonably requested by ADVANCED PLANT.

      3.3   Wholly-Owned  Subsidiary.  At  and  after  the  consummation  of the
Exchange  will have the  effects  set forth in this  Agreement,  and AKID  shall
become a  majority-owned  subsidiary of ADVANCED  PLANT and Mazal shall become a
majority-owned subsidiary of AKID.

      3.4   Restrictive  Legends.  Certificates  evidencing the Exchange  Shares
pursuant to this Agreement may bear one or more of the following legends and any
legend required by any applicable law, including without limitation,  any legend
that will be useful to aid  compliance  with  Regulation D or other  regulations
adopted by the SEC under the Securities Act:

                                      -5-
<PAGE>

      "THESE  SECURITIES  HAVE NOT BEEN  REGISTERED  UNDER THE SECURITIES ACT OF
      1933,  AS  AMENDED.  THEY MAY NOT BE SOLD,  OFFERED  FOR SALE,  PLEDGED OR
      HYPOTHECATED  IN THE ABSENCE OF A  REGISTRATION  STATEMENT  IN EFFECT WITH
      RESPECT  TO THE  SECURITIES  UNDER  SUCH  ACT  OR AN  OPINION  OF  COUNSEL
      SATISFACTORY  TO THE COMPANY  THAT SUCH  REGISTRATION  IS NOT  REQUIRED OR
      UNLESS  TRANSFERRED  PURSUANT  TO ANY VALID  EXEMPTION  FROM  REGISTRATION
      AVAILABLE UNDER SUCH ACT."

                                   ARTICLE IV
                     REPRESENTATIONS AND WARRANTIES OF AKID
                            AND THE AKID STOCKHOLDER

      As an  inducement  to ADVANCED  PLANT to enter into this  Agreement and to
consummate the transactions  contemplated herein, AKID and the AKID Stockholder,
jointly and severally,  represent and warrant,  as of the date of this Agreement
to ADVANCED PLANT as follows:

      4.1   Organization.   AKID  is  a  corporation  duly  organized,   validly
existing, and in good standing under the laws of Colorado.

      4.2   Capital Structure.

            (a)   AKID's  authorized  capital stock  consists of Twenty  Million
(20,000,000)  shares of common  stock,  of which One Million Two Hundred  Thirty
Thousand  (1,230,000)  shares  are  issued  and  outstanding.  The stock  ledger
delivered by AKID to Advanced  Plant,  which is attached hereto as Exhibit A, is
true, complete,  and accurate in all respects and presents fairly the issued and
outstanding shares of AKID.

            (b)   Upon   delivery   to  ADVANCED   PLANT  of  the   certificates
representing  the Exchange  Shares,  ADVANCED  PLANT will acquire good and valid
title to such shares,  free and clear of any  Encumbrances.  All of the Exchange
Shares will be duly authorized,  validly issued,  fully paid and  nonassessable,
and will not be issued in violation of any preemptive or similar  rights.  There
are no outstanding subscriptions,  options, warrants, puts, calls, agreements or
other rights of any type or other  securities (a) requiring the issuance,  sale,
transfer,  repurchase,  redemption or other acquisition of any shares of capital
stock of AKID,  (b)  restricting  the transfer of any shares of capital stock of
AKID,  or (c)  relating  to the voting of any  shares of capital  stock of AKID.
There are no issued or outstanding Indebtedness of AKID having the right to vote
(or convertible into, or exchangeable for, securities having the right to vote),
upon the happening of a certain event or otherwise,  on any matters on which the
equity holders of AKID may vote.

            (c)   The offer and issuance of the Exchange  Shares will be done in
compliance with all applicable Laws.

                                      -6-
<PAGE>

      4.3   Corporate  Power and  Authority.  AKID has all  requisite  corporate
power and  authority to enter into and deliver this  Agreement and to consummate
the transactions  contemplated hereby, including,  without limitation,  file the
AKID Amendment.  The execution,  delivery,  and performance of this Agreement by
AKID and the consummation by it of the transactions contemplated hereby, and the
execution,  delivery and  performance  of the other  agreements,  documents  and
instruments  to be executed and delivered in connection  with this  Agreement by
AKID and the consummation of the transactions  contemplated thereby,  including,
without limitation,  the filing of the AKID Amendment, have been duly authorized
by all  necessary  action on the part of AKID and no other  corporate  action or
corporate  proceeding  on the  part  of  AKID  is  necessary  to  authorize  the
execution,  delivery,  and  performance  by  AKID  of  this  Agreement  and  the
consummation of the transactions  contemplated  hereby.  This Agreement has been
duly executed and delivered by AKID and constitutes the legal, valid and binding
obligation of AKID, enforceable against it in accordance with its terms.

      4.4   Conflicts;   Consents  and  Approvals.  Neither  the  execution  and
delivery  by AKID of this  Agreement  and the other  agreements,  documents  and
instruments  to  be  executed  and  delivered  by  it in  connection  with  this
Agreement,  nor the  consummation of the  transactions  contemplated  hereby and
thereby,  including,  without limitation,  the filing of the AKID Amendment with
the Secretary of State of Colorado, will:

            (a)   conflict  with, or result in a breach of any provision of, the
organizational documents of AKID;

            (b)   violate,  or  conflict  with,  or  result  in a breach  of any
provision  of, or  constitute  a default (or an event  that,  with the giving of
notice, the passage of time or otherwise,  would constitute a default) under, or
entitle any Person (with the giving of notice, the passage of time or otherwise)
to terminate,  accelerate,  modify or call a default under,  or give rise to any
obligation  to  make  a  payment  under,  or to  any  increased,  additional  or
guaranteed  rights  of any  Person  under,  or  result  in the  creation  of any
Encumbrance  upon any of the properties or assets of AKID or the Exchange Shares
under any of the  terms,  conditions  or  provisions  of (1) the  organizational
documents of AKID,  (2) any Contract to which AKID is a party or to which any of
its  properties  or  assets  may be  bound,  or (3)  any  permit,  registration,
approval,  license or other  authorization or filing to which AKID is subject or
to which any of its properties or assets may be subject;

            (c)   require   any    action,    consent   or   approval   of   any
non-governmental third party;

            (d)   violate  any  order,  writ,  or  injunction,  or any  material
decree, or material Law applicable to AKID or any of its, business,  properties,
or assets; or

            (e)   require any action,  consent or approval  of, or review by, or
registration or filing by AKID with any Governmental Authority.

                                      -7-
<PAGE>

      4.5   Subsidiaries.  AKID does not own,  directly or  indirectly,  nor has
entered into any agreement, arrangement or understanding to purchase or sell any
capital  stock or other  equity  interests  in any  Person  or is a member of or
participant in any Person. AKID does not have any Subsidiaries.

      4.6   SEC Documents. AKID has timely filed all reports,  schedules, forms,
statements and other documents  required to be filed by it with the SEC pursuant
to the reporting  requirements  of the Exchange Act (all of the foregoing  filed
prior to the  date  hereof  and all  exhibits  included  therein  and  financial
statements  and  schedules  thereto and  documents  (other than exhibits to such
documents)  incorporated by reference  therein,  being  hereinafter  referred to
herein as the "SEC Documents").  As of their respective dates, the SEC Documents
complied in all material  respects with the requirements of the Exchange Act and
the rules and  regulations of the SEC promulgated  thereunder  applicable to the
SEC Documents,  and none of the SEC Documents,  at the time they were filed with
the SEC, contained any untrue statement of a material fact or omitted to state a
material  fact  required to be stated  therein or necessary in order to make the
statements  therein,  in light of the circumstances  under which they were made,
not misleading. None of the statements made in any such SEC Documents is, or has
been,  required to be amended or updated under  Applicable  law (except for such
statements as have been amended or updated in subsequent  filings prior the date
hereof).  AKID has not received any  communication  from the SEC,  NASD or other
regulatory agency with respect to the SEC Documents.

      4.7   Taxes.  AKID has (a) duly and timely filed all Tax Returns  relating
to AKID that it was required to file (taking into account any  extensions of the
filing  deadlines  which have been validly  granted) and (b) paid all Taxes that
are shown  thereon as owing or that are  otherwise  due and  payable by it. Such
filed Tax Returns are true, correct and complete in all material  respects.  The
charges,  accruals and reserves on the Financial  Statements  filed with the SEC
with  Form  10-QSB  on March 9, 2005 in  respect  of Taxes  for all open  fiscal
periods are adequate for the payment of all  Liabilities of AKID for Taxes,  and
there are no unpaid assessments for additional Taxes for any such fiscal period,
which are not  reflected  on such  Financial  Statements.  There are no disputes
pending or  threatened  as to Taxes  payable by AKID.  There are no  outstanding
agreements or waivers extending the statutory period of limitation applicable to
any  Taxes  of AKID for any  period.  AKID (v) has not  filed a  consent  to the
application  of  Section  341(f) of the Code,  (w) has not been a  "distributing
corporation" or a "controlled corporation" in a distribution intended to qualify
under Section 355(a) of the Code within the past five years,  (x) is not a party
to any Tax sharing, allocation or indemnification agreement or arrangement,  (y)
is not required to make any adjustments under Section 481(a) of the Code (or any
similar  provision  of state,  local or foreign  Tax law) for any  taxable  year
ending  after the date  hereof,  and (z) has not been a member of an  affiliated
group filing a consolidated, combined or unitary Tax Return or has any liability
for the  Taxes  of any  Person  (other  than  AKID)  under  Treasury  Regulation
ss.1.15026 (or any similar provision of state, local or foreign law).

      4.8   Compliance  with  Law.  AKID  and each of the  officers,  directors,
employees  and  agents  of AKID  has  complied  in all  respects  with  all Laws
applicable  to AKID and its assets.  Neither the AKID  Stockholder  nor AKID has
received  any notice from any  Governmental  Authority  that AKID has been or is
being conducted in violation of any Applicable Law or that an  investigation  or
inquiry into any  noncompliance  with any applicable Law is ongoing,  pending or
threatened.

                                      -8-
<PAGE>

      4.9   Litigation.  There is no Action pending or threatened  against AKID,
or any  executive  officer or director  thereof  that (a)  relates to AKID,  its
assets,  or its business,  or (b) seeks,  or could  reasonably  be expected,  to
prohibit or  restrain  the  ability of AKID to enter into this  Agreement  or to
timely consummate any of the transactions  contemplated  hereby, and there is no
reasonable  basis  for  any  such  Action.  There  are  no  judgments,  decrees,
agreements,  memoranda of understanding or orders of any Governmental  Authority
outstanding against AKID.

      4.10  Contracts.  There are no  Contracts  to which AKID is, or will be at
Closing, a party or bound, or that otherwise relate to its business or assets.

      4.11  Labor and Employment Matters; Employee Benefit Plans.

            (a)   As of the date hereof, AKID does not have any Employees. There
are no collective bargaining  agreements,  union contracts or similar agreements
or  arrangements  in effect that cover any Employee or Former  Employee (each, a
"Collective Bargaining Agreement").

            (b)   As of the Closing, AKID will not sponsor, maintain, contribute
to, or have any Liability  under,  for or with respect to, any Employee  Benefit
Plans (including  multiemployer  plans) or any Employment  Agreements.  From and
after the Closing,  ADVANCED PLANT will not directly or indirectly have or incur
any  Liabilities,  whether by virtue of the  transactions  contemplated  by this
Agreement or otherwise,  with respect to or in connection  with (i) any Employee
Benefit Plans or any Employment Agreements;  and (ii) the Employees or any other
individuals  who do or did at any time  provide  employment  or  employment-type
services for or with respect to AKID,  which arose or were  incurred at any time
prior to the Closing.

            (c)   There does not now exist, nor do any circumstances  exist that
could result in, any liability to AKID or its Affiliates following the Closing.

            (d)   AKID has no  liability  for  life,  health,  medical  or other
welfare benefits to Former Employees or beneficiaries or dependents thereof.

      4.12  Real  Estate.  AKID  does  not  own,  lease,  sublease,  or have any
interest whatsoever in any real property.

      4.13  Guaranties.  AKID is not  directly  or  indirectly  (a)  liable,  by
guarantee or otherwise,  upon or with respect to, (b) obligated to provide funds
with respect to, or to guarantee or assume, any Indebtedness or other obligation
of any Person.

                                      -9-
<PAGE>

      4.14  Corporate Books and Records.  All the corporate books and records of
AKID, including,  without limitation,  copies of all tax returns, resolutions of
the  directors,  resolutions  of the  shareholders,  the stock  ledger and other
documents relating to the issuances of shares, and minutes of meetings have been
delivered  to  ADVANCED  PLANT  and are  true,  complete,  and  accurate  in all
respects.

      4.15  Full Disclosure.  No  representation or warranty of AKID or the AKID
Stockholder in this  Agreement  omits to state a material fact necessary to make
the statements  herein,  in light of the  circumstances in which they were made,
not misleading.  There is no fact known to AKID or the AKID Stockholder that has
specific application to ADVANCED PLANT and that materially adversely affects or,
as  far as  can  be  reasonably  foreseen,  materially  threatens,  the  assets,
business, prospects,  financial condition, or results of operations of AKID that
has not been set forth in this Agreement.

                                    ARTICLE V
                REPRESENTATIONS AND WARRANTIES OF ADVANCED PLANT

      As an  inducement  to AKID to enter into this  Agreement and to consummate
the transactions contemplated herein, ADVANCED PLANT represents and warrants, as
of the date of this Agreement, to AKID as follows:

      5.1   Organization.  ADVANCED  PLANT  is  a  corporation  duly  organized,
validly existing, and in good standing under the laws of the State of Delaware.

      5.2   Corporate  Power and  Authority.  ADVANCED  PLANT has all  requisite
corporate  power and  authority to enter into and deliver this  Agreement and to
consummate the transactions  contemplated hereby. The execution,  delivery,  and
performance  of this  Agreement by ADVANCED  PLANT and the  consummation  of the
transactions  contemplated  hereby,  have been duly  authorized by all necessary
action and no other  corporate  action or  corporate  proceeding  on the part of
ADVANCED  PLANT  is  necessary  to  authorize  the  execution,   delivery,   and
performance by ADVANCED PLANT of this Agreement and the consummation by ADVANCED
PLANT of the  transactions  contemplated  hereby.  This  Agreement has been duly
executed and delivered by ADVANCED PLANT and  constitutes  the legal,  valid and
binding  obligation of ADVANCED  PLANT,  enforceable  against  ADVANCED PLANT in
accordance with its terms.

      5.3   Conflicts;   Consents  and  Approvals.  Neither  the  execution  and
delivery  by the  ADVANCED  PLANT of this  Agreement  and the other  agreements,
documents  and  instruments  to be  executed  and  delivered  by any of  them in
connection  with  this  Agreement,  nor  the  consummation  of the  transactions
contemplated hereby and thereby, will:

            (a)   conflict  with, or result in a breach of any provision of, the
                  organizational documents of ADVANCED PLANT;

                                      -10-
<PAGE>

            (b)   violate,  or  conflict  with,  or  result  in a breach  of any
provision  of, or  constitute  a default (or an event  that,  with the giving of
notice, the passage of time or otherwise,  would constitute a default) under, or
entitle any Person (with the giving of notice, the passage of time or otherwise)
to terminate,  accelerate,  modify or call a default under,  or give rise to any
obligation  to  make  a  payment  under,  or to  any  increased,  additional  or
guaranteed  rights  of any  Person  under,  or  result  in the  creation  of any
Encumbrance  upon any of the properties or assets of ADVANCED PLANT or the Mazal
Shares  under  any  of  the  terms,   conditions   or   provisions  of  (1)  the
organizational  documents of ADVANCED PLANT,  (2) any Contract to which ADVANCED
PLANT is a party or to which any of their respective properties or assets may be
bound which, if so affected,  would either have a material  adverse effect or be
reasonably  likely to prevent the consummation of the transactions  contemplated
herein,   or  (3)  any  permit,   registration,   approval,   license  or  other
authorization  or filing to which  ADVANCED  PLANT is subject or to which any of
its properties or assets may be subject;

            (c)   require   any    action,    consent   or   approval   of   any
non-governmental third party;

            (d)   violate  any  order,  writ,  or  injunction,  or any  material
decree,  or material Law applicable to ADVANCED  PLANT or any of its,  business,
properties, or assets; or

            (e)   require any action,  consent or approval  of, or review by, or
registration or filing by ADVANCED PLANT with any Governmental Authority.

      5.4   Mazal Shares.  ADVANCED PLANT has (i) good and  marketable  title to
all the Mazal Shares,  free and clear of all  Encumbrances,  and (ii) full legal
right and  power to sell,  transfer  and  deliver  the  Mazal  Shares to AKID in
accordance with this Agreement.

                                   ARTICLE VI
                       ADDITIONAL AGREEMENTS AND COVENANTS

      6.1   Confidentiality. Each of the parties shall use reasonable efforts to
cause their respective Affiliates,  officers,  directors,  employees,  auditors,
attorneys,  consultants,  advisors and agents, to treat as confidential and hold
in strict confidence, unless compelled to disclose by judicial or administrative
process or, in the opinion of its  counsel,  by other  requirements  of Law, and
after prior written notice to the other parties, all confidential information of
ADVANCED PLANT or AKID, as the case may be, that is made available in connection
with  this  Agreement,  and will  not  release  or  disclose  such  confidential
information to any other Person,  except their respective  auditors,  attorneys,
financial  advisors and other  consultants,  agents,  and advisors in connection
with this Agreement.  If the Closing does not occur (a) such confidence shall be
maintained by the Parties and each Party shall use  reasonable  efforts to cause
its  officers,  directors,  Affiliates  and such other  Persons to maintain such
confidence,  except to the extent such information  comes into the public domain
(other than as a result of an action by such Party,  its officers,  directors or
such other Persons in contravention of this Agreement), and (b) upon the request
of any Party,  the other Party shall promptly return to the requesting Party any
written materials  remaining in its possession,  which materials it has received
from the requesting Party or its representatives,  together with any analyses or
other written materials based upon the materials provided.

                                      -11-
<PAGE>

      6.2   AKID Amendment. Immediately after Closing, but no later than two (2)
days  following  the  Closing,  AKID shall file with the  Secretary  of State of
Colorado the AKID Amendment.

      6.3   Efforts to  Consummate.  Subject to the terms and conditions of this
Agreement, each party hereto shall use reasonable commercial efforts to take, or
to cause to be taken,  all actions and to do, or to cause to be done, all things
necessary,  proper or advisable as promptly as  practicable  to  consummate  the
transactions contemplated hereby.

      6.4   Further  Assurances.  From  time  to  time  whether  before,  at  or
following the Closing,  each party shall make reasonable  commercial  efforts to
take,  or cause to be taken,  all actions,  and to do, or cause to be done,  all
things  reasonably  necessary,  proper or  advisable,  including  as required by
applicable Laws, to consummate and make effective as promptly as practicable the
transactions contemplated by this Agreement.

      6.5   Cooperation with Respect to Financial  Reporting.  After the date of
this Agreement,  the AKID Stockholder and AKID shall  reasonably  cooperate with
ADVANCED  PLANT in connection  with ADVANCED  PLANT's  preparation of historical
financial  statements  and other  information  as required for ADVANCED  PLANT's
filings under the Exchange Act.

      6.6   Release of Claims By the AKID  Stockholder.  In consideration of the
transactions  contemplated  hereby, as of the Closing,  the AKID Stockholder and
his heirs, executors,  successors and assigns (the "Waiving Parties"),  release,
waive and forever  discharge,  in all  capacities,  including as stockholders of
AKID, from and after the Closing any and all Claims, known or unknown,  that the
Waiving   Parties  ever  had,  now  have  or  may  have  against  AKID  and  its
stockholders, Affiliates, officers, directors, employees or agents in connection
with or arising out of any act or omission of AKID or its  officers,  directors,
employees,  advisers or agents,  in such  capacity,  at or prior to the Closing;
provided,  however, that nothing in this Section 6.6 shall be deemed a waiver by
the Waiving Parties of any rights under this Agreement.

      6.7   Piggy-Back Registration Rights.

            (a)   "Piggy-Back  Securities"  means  shares of the common stock of
AKID  that  are  issued  and  outstanding  to the  following  persons  (each,  a
"Piggy-Back  Stockholder")  in the amount set forth next to their  names:  Ronny
Yakov - 60,000 shares; James Wiegand - 50,000 shares; Max Gould - 50,000 shares;
and Corporate Management Services, Inc. - 25,000 shares.

                                      -12-
<PAGE>

            (b)   Right to include Registrable Securities.  If at any time, AKID
shall determine to prepare and file with the Securities and Exchange Commission,
a  registration  statement  relating to an  offering  for its own account or the
account of others,  under the Securities Act of 1933, as amended (the "Act"), of
any of its  equity  securities,  other  than  on  Form  S-4 or  Form  S-8  (each
promulgated  under  the  Act) or  their  then  equivalents  relating  to  equity
securities to be issued in connection with an underwritten  offering for its own
account or other  holders of AKID's  shares of Common Stock or  securities to be
issued in any  acquisition  of any  entity  or  business  or  equity  securities
issuable in connection  with stock options or other employee  benefit plans (the
"Registration  Statement"),  then AKID shall send to each Piggy-Back Stockholder
written  notice of such  determination  and if,  within  fifteen (15) days after
receipt of such notice any Piggy-Back  Stockholder  shall so request in writing,
AKID  shall  include  in  such  registration  statement  all or any  part of the
Piggy-Back  Securities,  as such Piggy-Back Stocholder requests to be registered
(the  "Registrable  Securities").  AKID shall keep such  Registration  Statement
current and maintain  compliance  with each Federal and state law or  regulation
for the period necessary for such Piggy-Back  Stockholder to effect the proposed
sale or to  otherwise  be eligible to effect a sale  pursuant to Rule 144 of the
Act.

            (c)   Registration of Underwritten Public Offerings. Anything to the
contrary herein notwithstanding,  if the registration involves an offering by or
through  underwriters,  then (i) all Piggy-Back  Stockholders  whose Registrable
Securities  are  included  in AKID's  Registration  Statement  must  sell  their
Registrable  Securities to the  underwriters  selected by AKID on the same terms
and  conditions  as  apply  to  other  selling  Piggy-Back  Stockholders  and/or
securityholders;   and  (ii)  any  Piggy-Back   Stockholder   whose  Registrable
Securities are included in such Registration Statement may elect in writing, not
later than three business days prior to the  effectiveness  of the  Registration
Statement  filed  in  connection  with  such  registration,   not  to  have  his
Registrable Securities so included in connection with such registration.

            (d)   Priority in Registration.  Notwithstanding  anything contained
herein to the contrary,  if this registration involves an offering by or through
underwriters,  AKID  shall not be  required  to include  Registrable  Securities
therein,  if and to the extent the underwriter  managing the offering reasonably
believes in good faith and advises each  Piggy-Back  Stockholder  requesting  to
have Registrable  Securities included in AKID's Registration Statement that such
inclusion would  materially  adversely  affect such offering;  provided that any
such  reduction  or  elimination  shall  be pro  rata  to all  other  Piggy-Back
Stockholders  and   securityholders   of  the  securities  of  AKID  entitle  to
registration  rights in proportion to the respective  number of shares they have
requested to be registered.

            (e)   Registration Procedures.  If and whenever AKID takes action to
register  Registrable  Securities on behalf of any  Piggy-Back  Stockholder,  it
shall, as expeditiously as practicable:

                  (1)   Furnish  to  each  selling  Piggy-Back   Stockholder  of
Registrable  Securities and each managing underwriter,  without charge, at least
one signed copy of the Registration  Statement and any post-effective  amendment
thereto,   including   financial   statements  and   schedules,   all  documents
incorporated therein by reference and all exhibits (including those incorporated
by reference)

                  (2)   Deliver  to  each  selling  Piggy-Back   Stockholder  of
Registrable  Securities and the  underwriters,  if any, without charge,  as many
copies  of  the  prospectus  or   prospectuses   (including   each   preliminary
prospectus),  any amendment or supplement thereto as such persons may reasonably
request;  AKID  consents  to the  use of such  prospectus  or any  amendment  or
supplement thereto by each of the selling Piggy-Back Stockholders of Registrable
Securities  and the  underwriters,  if any, in connection  with the offering and
sale of the Registrable  Securities  covered by such prospectus or any amendment
or supplement thereto;

                                      -13-
<PAGE>

                  (3)   Prior to any public offering of Registrable  Securities,
cooperate with the selling  Piggy-Back  Stockholders of Registrable  Securities,
the  underwriters,  if any, and their respective  counsel in connection with the
registration or qualification of such Registrable  Securities for offer and sale
under the  securities or Blue Sky laws of such  jurisdictions  within the United
States as any selling Piggy-Back  Stockholder or underwriter reasonably requests
in writing,  keep each such  registration or qualification  effective during the
period such  Registration  Statement is required to be kept effective and do any
and all other acts or things necessary or advisable to enable the disposition in
such  jurisdictions  of the  Registrable  Securities  covered by the  applicable
Registration Statement; provided that AKID will not be required to qualify to do
business in any  jurisdiction  where it is not then so  qualified or to take any
action  which  would  subject  AKID  to  general   service  of  process  in  any
jurisdiction where it is not at the time so subject;

                  (4)   Cooperate with the selling  Piggy-Back  Stockholders  of
Registrable Securities and the managing underwriters,  if any, to facilitate the
timely  preparation  and  delivery  of  certificates   representing  Registrable
Securities to be sold and not bearing any restrictive  legends;  and enable such
Registrable  Securities to be in such denominations and registered in such names
as the managing underwriters may request at least two (2) business days prior to
any sale of Registrable Securities to the underwriters;

                  (5)   Use its best efforts to cause the Registrable Securities
covered  by the  applicable  Registration  Statement  to be  registered  with or
approved by such other  governmental  agencies or authorities  within the United
States as may be  necessary  to enable  the  seller or  sellers  thereof  or the
underwriters,  if  any,  to  consummate  the  disposition  of  such  Registrable
Securities;

                  (6)   With  respect  to each  issue or  class  of  Registrable
Securities,  use its best efforts to cause all Registrable Securities covered by
the Registration Statements to be listed on each securities exchange, if any, on
which  similar  securities  issued by AKID are then listed if  requested  by the
Piggy-Back  Stockholders  of a majority  of such  issue or class of  Registrable
Securities;

                  (7)   Enter into such  agreements  (including an  underwriting
agreement)  and take all such other  action  reasonably  required in  connection
therewith in order to expedite or facilitate the disposition of such Registrable
Securities and in such connection,  if the registration is in connection with an
underwritten  offering  (i) make  such  representations  and  warranties  to the
underwriters,  in such  form,  substance  and scope as are  customarily  made by
issuers to underwriters  in  underwritten  offerings and confirm the same if and
when  requested;  (ii) obtain  opinions  of counsel to AKID and updates  thereof
(which  counsel shall be reasonably  acceptable  to the  underwriters  and which
opinions shall be in form,  scope and substance  reasonably  satisfactory to the
underwriters)  addressed to the  underwriters  covering the matters  customarily
covered in opinions  requested in underwritten  offerings and such other matters
as may be reasonably requested by such underwriters; (iii) obtain "cold comfort"
letters  and  updates   thereof  from  AKID's   accountants   addressed  to  the
underwriters,  such letters to be in customary form and covering  matters of the
type customarily covered in "cold comfort" letters by underwriters in connection
with  underwritten  offerings;  (iv)  set  forth  in  full  in any  underwriting
agreement entered into, the indemnification provisions and procedures of Section
5.3 hereof  with  respect  to all  parties to be  indemnified  pursuant  to said
Section;  and (v) deliver such documents and  certificates  as may be reasonably
requested by the  underwriters to evidence  compliance with clause (i) above and
with any customary conditions  contained in the underwriting  agreement or other
agreement  entered into by AKID;  the above shall be done at each closing  under
such  underwriting  or  similar  agreement  or as  and to  the  extent  required
hereunder;

                                      -14-
<PAGE>

                  (8)   Make   available   for   inspection   by  one  or   more
representatives of the Piggy-Back  Stockholders of Registrable  Securities being
sold,  any  underwriter  participating  in  any  disposition  pursuant  to  such
registration,  and any  attorney  or  accountant  retained  by  such  Piggy-Back
Stockholders  or  underwriter,   all  financial  and  other  records,  pertinent
corporate documents and properties of AKID, and cause AKID's officers, directors
and  employees  to  supply  all  information  reasonably  requested  by any such
representatives, in connection with such; and

                  (9)   Otherwise  use its  best  efforts  to  comply  with  all
applicable Federal and state  regulations;  and take such other action as may be
reasonably necessary to or advisable to enable each such Piggy-Back  Stockholder
and  each  such  underwriter  to  consummate  the  sale or  disposition  in such
jurisdiction  or  jurisdiction  in which  any  such  Piggy-Back  Stockholder  or
underwriter shall have requested that the Registrable Securities be sold.

                  Except as  otherwise  provided  herein,  AKID  shall have sole
control in connection with the  preparation,  filing,  withdrawal,  amendment or
supplementing of each Registration Statement, the selection of underwriters, and
the  distribution of any  preliminary  prospectus  included in the  Registration
Statement,  and may include  within the coverage  thereof  additional  shares of
Common Stock or other  securities  for its own account or for the account of one
or more of its other securityholders.

                  AKID may require each seller of  Registrable  Securities as to
which any  registration  is being  effected to furnish to AKID such  information
regarding the distribution of such securities and such other  information as may
otherwise be required by the Act to be included in such Registration Statement.

                                      -15-
<PAGE>

                                   ARTICLE VII
                            INDEMNIFICATION; SURVIVAL

      7.1   Indemnification by AKID and the AKID Stockholder.  AKID and the AKID
Stockholder,  jointly and severally,  shall indemnify and hold harmless ADVANCED
PLANT and its  Affiliates,  officers,  directors,  stockholders,  employees  and
agents  and the  successors  and  assigns  of all of them (the  "ADVANCED  PLANT
Indemnified  Parties"),  and shall  reimburse  the  ADVANCED  PLANT  Indemnified
Parties for, any loss,  liability,  claim, damage,  expense (including,  but not
limited  to,  costs  of   investigation   and  defense  and   attorneys'   fees)
(collectively, "Damages"), arising from or in connection with (a) any inaccuracy
or  breach  of any of the  representations  and  warranties  of AKID or the AKID
Stockholder  in this Agreement or in any  certificate  or document  delivered by
AKID or the  AKID  Stockholder  pursuant  to  this  Agreement,  or any  actions,
omissions  or  statements  of fact  inconsistent  with in any  respect  any such
representation  or warranty,  (b) any failure by AKID or the AKID Stockholder to
perform or comply with any  agreement,  covenant or obligation in this Agreement
or in any  certificate  or document  delivered  by AKID or the AKID  Stockholder
pursuant to this  Agreement to be  performed by or complied  with by AKID or the
AKID  Stockholder,  (c) any claims  made by a third  Person  against an ADVANCED
PLANT Indemnified Party based upon a contractual  obligation of AKID or the AKID
Stockholder  for  services  performed  prior  to  the  date  hereof,  (d)  Taxes
attributable  to  the  ownership  of  AKID  prior  to  the  Closing,  (e)  Taxes
attributable  to the  conduct  by AKID  of the  business  of  AKID  or the  AKID
Stockholder'  operation or ownership of its assets, (f) any claims for severance
or any other compensation made by an Employees or Former Employee, (g) any claim
made at any time by any  Governmental  Authority  in respect of the  business of
AKID for all periods  prior to the Closing,  (h) any  Liability or obligation of
AKID  arising or relating to the periods  prior to the Closing or (i) any Action
or  investigation  by any Person  relating to or arising out of the  business or
operations of AKID prior to the Closing.

      7.2   Indemnification  by ADVANCED  PLANT.  ADVANCED PLANT shall indemnify
and hold harmless AKID, the AKID Stockholder,  and their  Affiliates,  officers,
directors, stockholders,  employees and agents and the successors and assigns of
all of them (the  "AKID  Indemnified  Parties"),  and shall  reimburse  the AKID
Indemnified Parties for, any loss, liability, claim, damage, expense (including,
but not limited to,  costs of  investigation  and defense and  attorneys'  fees)
(collectively, "Damages"), arising from or in connection with (a) any inaccuracy
or breach of any of the representations and warranties of ADVANCED PLANT in this
Agreement or in any certificate or document delivered by ADVANCED PLANT pursuant
to this Agreement, or any actions,  omissions or statements of fact inconsistent
with in any respect any such  representation or warranty,  or (b) any failure by
ADVANCED PLANT to perform or comply with any  agreement,  covenant or obligation
in this Agreement or in any certificate or document  delivered by ADVANCED PLANT
pursuant to this  Agreement  to be  performed  by or  complied  with by ADVANCED
PLANT.

      7.3   Survival. All representations,  warranties, covenants and agreements
of  the  parties  contained  herein  or in any  other  certificate  or  document
delivered  pursuant  hereto  shall  survive the Closing for three years from the
date hereof,  except the representations and warranties set forth in Section 4.7
which  shall  survive  until  the  expiration  of  the  applicable   statute  of
limitations.

                                  ARTICLE VIII
                                 MISCELLANEOUS

      8.1   Notices. All notices or other  communications  required or permitted
hereunder  shall be in writing.  Any  notice,  request,  demand,  claim or other
communication  hereunder shall be deemed duly given (a) if by personal delivery,
when so delivered, (b) if mailed, three (3) Business Days after having been sent
by registered or certified mail, return receipt  requested,  postage prepaid and
addressed to the intended  recipient as set forth below,  or (c) if sent through
an overnight  delivery service in circumstances to which such service guarantees
next day delivery, the day following being so sent:

                                      -16-
<PAGE>

                  (1)   If to ADVANCED PLANT:

                        Advanced Plant Pharmaceutical, Inc.
                        43 West 33rd Street
                        New York, New York 10001

                        With a copy to:

                        David Lubin & Associates
                        92 Washington Avenue
                        Cedarhurst, New York 11516
                        Attn: David Lubin, Esq.

                  (2)   If to AKID or the AKID Stockholder:

                        Mr. James B. Wiegand 16200 WCR 18E Loveland,
                        Colorado

                        With a copy to:

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

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

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

                        Attn:
                              -------------

      Any party may change the address to which notices and other communications
hereunder are to be delivered by giving the other  parties  notice in the manner
herein set forth.

      8.2   Choice of Law.  This  Agreement  shall be  governed,  construed  and
enforced  in  accordance  with the laws of the State of New York and the federal
laws of United States applicable therein, without giving effect to principles of
conflicts of law.

      8.3   Jurisdiction.  The  parties  hereby  irrevocably  consent  to the in
personam jurisdiction of the state or federal courts located in the State of New
York, in connection with any action or proceeding  arising out of or relating to
this Agreement or the transactions and the relationships established thereunder.
The parties  hereby agree that such courts shall be the venue and  exclusive and
proper forum in which to adjudicate  such matters and that they will not contest
or challenge the jurisdiction or venue of these courts.

                                      -17-
<PAGE>

      8.4   Waiver of any and all Rights to a Trial by Jury. All parties to this
Agreement  unconditionally,  irrevocably and expressly waive all rights to trial
by jury in any action,  proceeding,  suit,  counterclaim  or  cross-claim in any
matter (whether sounding in tort,  contract or otherwise) in any way arising out
of  or  otherwise   relating  to  this  Agreement  or  the  transaction  or  the
relationships  established  hereunder.  All parties  confirm that the  foregoing
waiver of a trial by jury is informed and freely made.

      8.5   Entire Agreement.  This Agreement and such other agreements  related
to this  transaction  executed  simultaneously  herewith  set forth  the  entire
agreement  and  understanding  of the  parties in  respect  of the  transactions
contemplated  hereby  and  supersedes  all prior  agreements,  arrangements  and
understandings  of  the  parties  relating  to the  subject  matter  hereof.  No
representation, promise, inducement, waiver of rights, agreement or statement of
intention has been made by any of the parties which is not expressly embodied in
this  Agreement,  such other  agreements,  notes or instruments  related to this
transaction  executed  simultaneously   herewith,  or  the  written  statements,
certificates,  schedules or other documents delivered pursuant to this Agreement
or in connection with the transactions contemplated hereby.

      8.6   Assignment. Each party's rights and obligations under this Agreement
shall not be assigned or delegated,  by operation of law or  otherwise,  without
the other party's prior consent, and any such assignment or attempted assignment
shall be void, of no force or effect, and shall constitute a material default by
such party.

      8.7   Amendments.  This Agreement may be amended, modified,  superseded or
cancelled,  and any of the  terms,  covenants,  representations,  warranties  or
conditions  hereof  may be  waived,  only by a written  instrument  executed  by
ADVANCED  PLANT  and  AKID,  in the  case  of a  waiver,  by the  party  waiving
compliance.

      8.8   Waivers.  The  failure  of any party at any time or times to require
performance  of any  provision  hereof shall in no manner  affect the right at a
later time to enforce the same. No waiver by any party of any condition,  or the
breach of any term,  covenant,  representation  or  warranty  contained  in this
Agreement,  whether by conduct or otherwise,  in any one or more instances shall
be  deemed to be or  construed  as a further  or  continuing  waiver of any such
condition or breach or a waiver of any other term,  covenant,  representation or
warranty of this Agreement.

      8.9   Counterparts.  This Agreement may be executed  simultaneously in two
or more  counterparts  and by  facsimile,  each of  which  shall  be  deemed  an
original,  but  all  of  which  together  shall  constitute  one  and  the  same
instrument.

      8.10  Brokers. The parties hereto,  covenant,  represent, and warrant that
they have not dealt with any broker or finder in connection  with this Agreement
or the transactions  contemplated  hereby,  and no broker is entitled to receive
any brokerage  commission,  finder's fee, or similar  compensation in connection
with this Agreement or the transactions contemplated hereby. Each of the parties
shall  indemnify  and hold the  other  parties  harmless  from and  against  all
liability,  claim, loss,  damage, or expense,  including  reasonable  attorney's
fees, pertaining to any broker, finder, or other person with whom such party has
dealt.

                                      -18-
<PAGE>

      8.11  Severability.  If any term,  provisions,  covenant or restriction of
this Agreement is held by a court of competent  jurisdiction  or other authority
to be invalid,  void or unenforceable,  the remainder of the terms,  provisions,
covenants  and  restrictions  of this  Agreement  shall remain in full force and
effect and shall in no way be affected,  impaired or  invalidated so long as the
economic  or legal  substance  of the  transactions  contemplated  hereby is not
affected in any manner materially adverse to any party. Upon such determination,
the parties  shall  negotiate  in good faith to modify this  Agreement  so as to
effect  the  original  intent  of the  parties  as  closely  as  possible  in an
acceptable  manner  in  order  that  the  transactions  contemplated  hereby  be
consummated as originally contemplated to the fullest extent possible.

      8.12  Independent  Representation.  Each  of the  parties  hereto  further
acknowledges  and agrees that he or it, as the case may be, has been  advised by
counsel  during  the course of  negotiations  leading  up to the  execution  and
delivery of this Agreement and had significant  input in the development of this
Agreement.  This  Agreement  shall not,  therefore,  be construed  more strictly
against any party responsible for its drafting  regardless of any presumption or
rule  requiring  construction  against the party  whose  attorney  drafted  this
Agreement.

      8.13  Publicity.  No party may issue or cause the publication of any press
release  or  other  public   announcement   with  respect  to  the  transactions
contemplated by this Agreement without the written consent of the other parties.

     [remainder of page intentionally left blank; signature page to follow]

                                      -19-
<PAGE>

         IN WITNESS WHEREOF,  the parties have duly executed this Share Exchange
Agreement as of the date first above written.

                                          ADVANCED PLANT  PHARMACEUTICALS, INC.

                                          By: /s/ David Lieberman
                                              --------------------------------
                                          Name: David Lieberman
                                          Title: Chief Executive Officer

                                          AKID COMMUNICATIONS INC.

                                          By: /s/ James B. Wiegand
                                              --------------------------------
                                          Name: James B. Wiegand
                                          Title: Director and President

                                          AKID STOCKHOLDER:

                                          /s/ James B. Wiegand
                                          ------------------------------------
                                          James B. Wiegand

                                      -20-

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