Document:

ALTAIR INTERNATIONAL INC.
                    STOCK PURCHASE AND SUBSCRIPTION AGREEMENT
                             (Amended and Restated)

         THIS STOCK PURCHASE AND SUBSCRIPTION  AGREEMENT  (Amended and Restated)
(this "Agreement") is made and entered into as April 26, 2002 and between Altair
International Inc., an Ontario corporation (the "Company"), and Louis Schnur, an
individual  (the  "Investor"),  and supersedes and terminates the Stock Purchase
Agreement  dated  March 11,  2002,  between the  Company  and the  Investor.  In
consideration  of the  mutual  covenants  set forth  herein,  and other good and
valuable consideration, the Company and Investor hereby agree as follows:

1. Termination of Agreement; Purchase of Securities

1.1  Termination  of  Prior  Agreement.  This  Agreement  amends,  restates  and
supersedes  the Stock  Purchase  Agreement  dated  March 11,  2002,  between the
Company and the Investor, which prior agreement is hereby terminated.  Any funds
forwarded  to the  Company  by the  Investor  in order to fund the  purchase  of
securities  under such prior  agreement  shall be applied  toward the Investor's
purchase obligations under this Agreement.

1.2 Sale and  Issuance of Shares.  Subject to the terms and  conditions  of this
Agreement,  the Investor shall purchase, and the Company shall sell and issue to
the Investor,  at the Closing (as defined below)  1,200,000 common shares of the
Company (the  "Shares").  The  purchase  price for the Shares shall be $1.05 per
Share, and the aggregate  purchase price for the Shares shall be $1,260,000 (the
"Purchase  Price").  The Purchase Price shall be paid by check  addressed to the
Company  at 230 South  Rock  Blvd,  Suite 21,  Reno,  Nevada  89502,  or by wire
transfer to the Company's  general  account at Bank of America,  ABA Routing No.
122400724, Account No. 004961550420, Reference: Altair International Inc.

1.3 Sale and Issuance of Warrants.  As further  consideration for the payment of
the Purchase Price,  subject to the terms and conditions of this Agreement,  the
Company agrees to issue to the Investor the following (the "Warrants"):

(a)      a Series 2002D Warrant,  substantially  in the form attached  hereto as
         Exhibit A,  entitling the holder thereof to purchase a number of common
         shares of the Company ("Common Shares") equal to one-half of the number
         of Shares at an  exercise  price of U.S.  $1.50  per share  during  the
         period commencing on the date of issue and continuing until the earlier
         to occur of (i) 5:00 p.m.  (Mountain Time) on the fifth  anniversary of
         the date of issue,  and (ii) the date 30 days  following  the fifth day
         (whether or not  consecutive) the closing price of the Common Shares on
         the Nasdaq  National  Market (or, if the Company is not listed thereon,
         it principal  U.S.  trading  market at the time) equals or exceeds U.S.
         $4.50;

(b)      a Series 2002E Warrant,  substantially  in the form attached  hereto as
         Exhibit B,  entitling the holder thereof to purchase a number of Common
         Shares  equal to one-half of the number of Shares at an exercise  price
         of U.S.  $2.00 per share  during the period  commencing  on the date of
         issue  and  continuing  until  the  earlier  to occur of (i) 5:00  p.m.
         (Mountain Time) on the fifth anniversary of the date of issue, and (ii)
         the date 30 days  following the fifth day (whether or not  consecutive)
         the closing  price of the Common Shares on the Nasdaq  National  Market
         (or, if the Company is not listed  thereon,  it principal U.S.  trading
         market at the time) equals or exceeds U.S. $5.00;

                                       1
<PAGE>

(c)      a Series 2002F Warrant,  substantially  in the form attached  hereto as
         Exhibit C,  entitling the holder thereof to purchase a number of Common
         Shares  equal to one-half of the number of Shares at an exercise  price
         of U.S.  $2.50 per share  during the period  commencing  on the date of
         issue  and  continuing  until  the  earlier  to occur of (i) 5:00  p.m.
         (Mountain Time) on the fifth anniversary of the date of issue, and (ii)
         the date 30 days  following the fifth day (whether or not  consecutive)
         the closing  price of the Common Shares on the Nasdaq  National  Market
         (or, if the Company is not listed  thereon,  it principal U.S.  trading
         market at the time) equals or exceeds U.S. $5.50;

         The  Common   Shares   issuable  upon  exercise  of  the  Warrants  are
hereinafter  referred to as the  "Warrant  Shares"  and,  collectively  with the
Shares and the Warrants, the "Securities."

1.4  Closing.  The  closing  (the  "Closing")  of the  purchase  and sale of the
Securities  shall take place on a date mutually agreed upon by the parties,  but
no later than July 31, 2002. At the Closing, the Investor shall pay the Purchase
Price as set forth in Section 1, and the Company shall deliver to the Investor a
stock certificate  representing the Shares and executed  Warrants.  The Investor
and the  Company  agree that if either  party fails to, or is not  prepared  to,
comply with its Closing  obligations on or before July 31, 2002, the other party
will  suffer  irreparable  harm  and  shall  have  the  right  to seek  specific
performance in addition to other remedies available at law or equity.

2.  Representations and Warranties of the Company. The Company hereby represents
and  warrants  to the  Investor  as of the  date of this  Agreement  (or,  if an
different date is stated in such representation and warranty as of such date) as
follows:

2.1 Due Authorization. All corporate action on the part of the Company necessary
for the authorization, execution and delivery of this Agreement, the performance
of all obligations of the Company hereunder, and the authorization, issuance (or
reservation  for issuance) and delivery of the Securities has been taken or will
be taken prior to Closing, and this Agreement  constitutes the valid and legally
binding obligation of the Company, enforceable in accordance with its respective
terms  subject to  applicable  bankruptcy,  insolvency,  and other  similar laws
affecting creditors' rights, and rules of law governing specific performance.

2.2  Corporate  Organization  and Other  Related  Matters.  The  Company is duly
organized,  validly existing and in good standing under the laws of the Province
of Ontario.  The Company has full corporate  power and authority to carry on its
business as such business is now being  conducted and to own the  properties and
assets it now owns. The Company is duly qualified to transact business and is in
good standing in each jurisdiction in which the failure to so qualify would have
a material  adverse effect on its business or  properties.  The Company has full
corporate  power  and  authority  to enter  into  this  Agreement,  to issue the
Securities and to consummate the transactions contemplated hereby

2.3 Governmental Consents. No consent,  approval,  order or authorization of, or
registration,  qualification,  designation,  declaration  or  filing  with,  any
federal,  state or local  governmental  authority  on the part of the Company is
required in connection with the consummation of the transactions contemplated by
this Agreement,  except for (i)  qualifications  or filings under the Securities
Act of 1933, as amended (the "Securities  Act"), and the regulations  thereunder
and (iii)  qualification or filings required under all other applicable  federal
and  state  securities  laws  and  stock  exchange  or stock  quotation  service
regulations as may be required in connection with the transactions  contemplated
by this Agreement.

                                       2
<PAGE>

2.4 Valid Issuance of Securities.  When issued, sold and delivered in accordance
with the terms hereof,  the Shares will be duly and validly  issued,  fully-paid
and nonassessable.  When issued, sold and delivered in accordance with the terms
hereof,  the Warrants will be duly and validly  issued.  The Warrant Shares have
been duly and validly authorized and reserved for issuance and, upon issuance in
accordance  with the terms of the respective  Warrant,  will be duly and validly
issued fully-paid and nonassessable.

2.5 Litigation.  There is no action,  proceeding or investigation pending or, to
the  knowledge of the Company,  threatened  that  questions the validity of this
Agreement  or the right of the  Company  to enter into this  Agreement,  or that
would have, either  individually or in the aggregate,  a material adverse effect
on the business,  properties,  prospects or financial  condition of the Company.
There is no  judgment,  decree  or order of any  court  in  effect  against  the
Company,  and the  Company  is not in default  with  respect to any order of any
governmental  authority  to which the Company is a party or by which the Company
is bound.

2.6 SEC  Filings.  The Company has filed all reports,  registration  statements,
forms and other  documents  that it is required to file with the  Securities and
Exchange  Commission  (the  "SEC")  or any  exchange  on which it is  traded  or
reporting  service  through which any of its  securities  are quoted,  including
without  limitation  all  filings  required  by the  Securities  Act,  any rules
promulgated  thereunder,  the  Securities  Exchange Act of 1934, as amended (the
"Exchange Act"), and any rules promulgated thereunder.

3.  Representations  and  Warranties  of  the  Investor.   The  Investor  hereby
represents and warrants to the Company that:

3.1 Authorization.  This Agreement  constitutes the Investor's valid and legally
binding  obligation,  enforceable  in  accordance  with  its  terms  subject  to
applicable bankruptcy,  insolvency,  and other similar laws affecting creditors'
rights,  and rules of law governing specific  performance,  and the Investor has
full power and authority to enter into this Agreement.

3.2  Representations  Not Made by Company.  The Investor  represents and affirms
that none of the following information has ever been represented,  guaranteed or
warranted to the Investor,  expressly or by implication,  by any person: (i) the
approximate or exact length of time that the Investor will be required to remain
a security holder of the Company; (ii) the percentage of profit and/or amount of
or type of consideration,  profit or loss to be realized, if any, as a result of
an investment in the Company; or (iii) the possibility that the past performance
or  experience  on the part of the  Company or any  affiliate,  or any  officer,
director,  employee  or agent of the  foregoing,  might in any way  indicate  or
predict the results of ownership of any Security or the potential success of the
Company's operations.

3.3  Purchase  for Own  Account.  The  Investor  is the sole  and true  party in
interest,   is  acquiring  the  Securities  for   his/her/its  own  account  for
investment,  is not  purchasing the Securities for hereby for the benefit of any
other person, and has no present intention of holding or managing the Securities
with others or of selling, distributing or otherwise disposing of any portion of
the  Securities.  The Investor (i) if an individual,  is a citizen of the United
States,  is at least 21 years of age, and is a bona fide  permanent  resident of
and is  domiciled  in the  state  set forth  below  the  Investor's  name on the
signature page hereof, (ii) if an entity, is duly organized and in good standing
in its  jurisdiction of organization  and has its principal place of business in
the state set forth below the Investor's name on the signature page hereof.

                                       3
<PAGE>

3.4  Disclosure  and  Review  of  Information.  The  Investor  acknowledges  and
represents  that he/it has received and reviewed a copy of the Company's  Annual
Report on Form 10-K for the year ended December 31, 2001 (the "Current Filings")
and has been given a reasonable  opportunity to review all documents,  books and
records of the Company pertaining to this investment, and has been supplied with
all additional  information  concerning the Company and the Securities  that has
been  requested  by  the  Investor,  has  had a  reasonable  opportunity  to ask
questions  of and  receive  answers  from  the  Company  or its  representatives
concerning  this  investment,  and that all such questions have been answered to
the  full  satisfaction  of  the  Investor.   The  Investor  has  received,  and
acknowledges that he/it is receiving, no representations,  written or oral, from
the Company or its  officers,  directors,  employees,  attorneys or agents other
than those  contained  in this  Agreement  and the  Current  Filings.  In making
his/her decision to purchase the Securities, the Investor has relied solely upon
its  review  of  the  Current   Filings,   this   Agreement,   and   independent
investigations  made  by it or its  representatives  without  assistance  of the
Company.

3.5 Speculative  Investment.  The Investor  understands that (i) he/it must bear
the economic risk of the investment in the  Securities for an indefinite  period
of time because the Shares,  the  Warrants and the Warrant  Shares have not been
registered under the Securities Act or qualified under the Securities Act or the
securities  laws of any other  jurisdiction  and (ii) his/its  investment in the
Company  represented  by the  Securities is highly  speculative in nature and is
subject to a high degree of risk of loss in whole or in part.  The  Investor has
adequate   means  of   providing   for  his/her   current   needs  and  possible
contingencies,  and is able to bear the high  degree  of  economic  risk of this
investment,  including, but not limited to, the possibility of the complete loss
of the  Investor's  entire  investment  and the limited  transferability  of the
Securities, which may make the liquidation of this investment impossible for the
indefinite future.

3.6 Accredited Investor Status. The Investor is an "accredited  investor" within
the  meaning  of Rule  501(a)  promulgated  under the  Securities  Act,  in that
Investor (a) is a natural person (i) whose  individual  net worth,  or joint net
worth with his spouse, presently exceeds $1,000,000,  or (ii) who had individual
net income in excess of $200,000  in each of the two most recent  years or joint
income  with his spouse in excess of  $300,000  in each of those years and has a
reasonable  expectation  of reach that same income level in the current year, or
(b) is an entity in which all of the equity  owners  satisfy the  definition  of
accredited investor set forth in subsection (a).

3.7  Investment  Experience.  The  Investor  has  experience  as an  investor in
securities and acknowledges  that the Investor can bear the economic risk of its
investment in the Securities.  By reason of the Investor's business or financial
experience or the business or financial experience of professional  advisors who
are  unaffiliated  with  and who  are  not  compensated  by the  Company  or any
affiliate or selling agent of the Company, directly or indirectly,  the Investor
has the capacity to protect the Investor's own interests in connection  with its
purchase of the Securities.  The Investor has the financial capacity to bear the
risk of this  investment and has received from the Company all  information  the
Investor has  requested  and  considers  necessary or  appropriate  for deciding
whether to purchase  the  Securities.  If an entity,  the  Investor has not been
organized solely for the purpose of acquiring the Securities.

3.8  Restricted  Securities.  The  Investor  understands  that the  Shares,  the
Warrants  and  (if  issued)  the  Warrant  Shares  are and  will be  "restricted
securities"  under the  Securities  Act inasmuch as they are being acquired from
the Company in a transaction not involving a public  offering,  and that,  under
the Securities Act and applicable regulations thereunder, such securities may be
resold without  registration  under the  Securities Act only in certain  limited
circumstances.  In this  connection,  the  Investor  represents  that  he/it  is
familiar with Rule 144  promulgated  under the  Securities  Act, as presently in
effect,  and  understands  the resale  limitations  imposed  thereby  and by the
Securities  Act.  The Investor  further  confirms and agrees that the Company is
under no obligation  to register the re-sale of the Shares,  the Warrants or the
Warrant Shares under the Securities Act or any state securities laws.

                                       4
<PAGE>

3.9      Legends.  The Investor understands that the certificates evidencing the
Shares,  the  Warrants  and the  Warrant  Shares  will bear the legend set forth
below,  together with any other legends  required by the laws of the Province of
Ontario and any other state or province with jurisdiction:

                  THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
                  ACT OF 1933, AS AMENDED,  OR QUALIFIED UNDER  APPLICABLE STATE
                  SECURITIES  LAWS AND HAVE BEEN TAKEN FOR  INVESTMENT  PURPOSES
                  ONLY AND NOT WITH A VIEW TO OR FOR SALE IN CONNECTION WITH ANY
                  DISTRIBUTION  THEREOF.  THESE  SECURITIES  MAY  NOT BE SOLD OR
                  OTHERWISE TRANSFERRED UNLESS A REGISTRATION STAEMENT UNDER THE
                  SECURITIES ACT OF 1933, AS AMENDED,  IS IN EFFECT WITH RESPECT
                  TO SUCH  SECURITIES  OR THE COMPANY HAS RECEIVED AN OPINION IN
                  FORM AND SUBSTANCE  SATISFACTORY TO THE COMPANY PROVIDING THAT
                  AN  EXEMPTION  FROM  THE  REGISTRATION   REQUIREMENTS  OF  THE
                  SECURITIES ACT OF 1933, AS AMENDED, IS AVAILABLE.

The legend set forth above shall be removed by the Company from any  certificate
evidencing  any of the  Securities  only (i) upon  receipt by the  Company of an
opinion in form and substance  satisfactory  to the Company that such legend may
be removed  pursuant to Rule 144  promulgated  under the Securities Act, or (ii)
upon confirmation  that a registration  statement under the Securities Act is at
that time in effect with respect to the legended Security and that such transfer
will not jeopardize the exemption or exemptions  from  registration  pursuant to
which the respective Security was issued.

3.10  Indemnification.  The Investor acknowledges that he/she/it understands the
meaning and legal consequences of the  representations  and warranties set forth
in Section 3 hereof and that the Company and the officers, directors,  employees
and agents of the Company  have  relied and will rely upon such  representations
and  warranties.  The Investor  hereby agrees to indemnify and hold harmless the
Company and each of its  respective  officers,  directors,  employees and agents
from and against any and all loss,  claim,  damage,  liability,  cost or expense
(including  attorney's  fees),  joint or  several,  to which any such person may
become  subject due to or arising out of: (i) any breach by the  Investor of any
such representation or warranty;  (ii) any inaccuracy in the representations and
warranties hereinabove set forth; (iii) the disposition of any of the Securities
by the Investor contrary to the foregoing  representations  and warranties;  and
(iv) any action, suit, proceeding, demand, assessment or judgment incident to or
based  upon any of the  matters  so  indemnified  against.  Notwithstanding  the
foregoing,  however, no representation,  warranty,  acknowledgement or agreement
made herein by the Investor shall in any manner be deemed to constitute a waiver
of any rights granted to him/her under federal or state securities laws.

4. Miscellaneous.

4.1 Entire Agreement. This Agreement,  together with its exhibits and schedules,
constitute the entire contract between the Company and the Investor  relative to
the  purchase  and sale of the  Securities  and  supersede  any and all prior or
contemporaneous oral or written agreements,  understandings and discussions with
respect thereto.

4.2  Expenses.  Each of the Company and the Investor will bear his/its own legal
and other fees and expenses in connection with the transactions  contemplated in
this Agreement.

                                       5
<PAGE>

4.3 Governing Law;  Consent to Jurisdiction  and Venue.  This Agreement shall be
governed by and  construed in  accordance  with the laws of the State of Nevada.
The  Company  and the  Investor  hereby  irrevocably  consent  to the  exclusive
jurisdiction  and venue of State and  federal  courts  within  the city of Reno,
Nevada for any dispute arising out of this Agreement.

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

4.5 Headings. The headings of the Sections of this Agreement are for convenience
and shall not by themselves determine the interpretation of this Agreement.

4.6  Notices.  Any notice  required  or  permitted  hereunder  shall be given in
writing  and  shall be  conclusively  deemed  effectively  given  upon  personal
delivery,  on the date of receipt if sent by  telecopier  or overnight  courier,
charges  prepaid,  or five days  after  deposit in the United  States  mail,  by
registered or certified mail, postage prepaid,  addressed (a) if to the Company,
as set forth below the Company's name on the signature  page of this  Agreement,
and (b) if to the  Investor,  at the  Investor's  address as set forth below the
Investor's  name  on the  signature  page of this  Agreement,  or at such  other
address as the Company or the Investor may  designate by ten (10) days'  advance
written notice to the Investor or the Company, respectively.

4.7  Survival  of  Representations  and  Warranties.   The  representations  and
warranties of the parties  contained in or made pursuant to this Agreement shall
survive the  execution  and delivery of this  Agreement  and Closing;  provided,
however,  that such  representations and warranties are only made as of the date
of such execution and delivery and as of such Closing.

4.8  Amendments.  Any term or provision of this Agreement may be amended and the
observance of any term, condition,  or provision of this Agreement may be waived
(either  generally  or in a  particular  instance  and either  retroactively  or
prospectively)  by a written  instrument  signed by the  Company  and  Investors
purchasing a majority of the Shares being purchased hereunder.

4.9  Severability.  If one or more  provisions of this  Agreement are held to be
unenforceable  under  applicable law, such  provision(s)  shall be excluded from
this Agreement and the balance of this Agreement shall be interpreted as if such
provision were excluded and shall be enforceable in accordance with its terms.

4.10 Acknowledgement as to Counsel. The parties acknowledge and agree that Stoel
Rives LLP has  prepared  this  Agreement  and the other  documents  contemplated
hereby as counsel to the Company and not as counsel to the Investor and that the
Investor is entitled to retain his or its own counsel at his or its own expense.

4.11  Entire  Agreement.  This  Agreement  contains  the  entire  agreement  and
understanding  between the Investor and the Company regarding the subject matter
hereof and  supersedes and replaces all prior or  contemporaneous  negotiations,
representations, or agreements, written or oral.

               [intentionally left blank; signature page follows]

                                       6
<PAGE>

         IN WITNESS WHEREOF,  the parties hereto have executed,  or caused to be
executed,  this Stock Purchase and Subscription Agreement (Amended and Restated)
as of the date first written above.

The "Company"

         ALTAIR INTERNATIONAL INC.,
         an Ontario corporation

         By:      /s/ Edward Dickinson
            -------------------------------------------------------
                      Edward Dickinson, its Chief Financial Officer

         Address:
         1725 Sheridan Avenue, Suite 140
         Cody, Wyoming  82414
         Facsimile: (307) 587-8357

The "Investor"

                  /s/ Louis Schnur
                  -----------------
                      Louis Schnur

         Address:

         9615 South Ridgeway
         Evergreen Park, IL  60805
         Facsimile (773)776-4584

         Name in which Shares are is to be  registered  if  different  from that
         above:___________________________________

                                       7
<PAGE>

                                    Exhibit A
                                       to

                    Stock Purchase and Subscription Agreement
                             (Amended and Restated)

                          Form of Series 2002D Warrant
                          ----------------------------

                                 [see attached]

                                       8
<PAGE>

                                    Exhibit B
                                       to

                    Stock Purchase and Subscription Agreement
                             (Amended and Restated)

                          Form of Series 2002E Warrant

                                 [see attached]

                                       9
<PAGE>

                                    Exhibit C
                                       to

                    Stock Purchase and Subscription Agreement
                             (Amended and Restated)

                          Form of Series 2002F Warrant

                                 [see attached]

                                       10THE SECURITIES  REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933,  AS AMENDED  (THE "ACT"),  OR UNDER STATE  SECURITIES  LAWS.  THESE
SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT
BE  TRANSFERRED  OR RESOLD EXCEPT AS PERMITTED  UNDER THE ACT AND THE APPLICABLE
STATE  SECURITIES  LAWS,  PURSUANT  TO  REGISTRATION  OR  EXEMPTION   THEREFROM.
INVESTORS  SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS
OF THIS  INVESTMENT  FOR AN  INDEFINITE  PERIOD  OF TIME.  THE  ISSUER  OF THESE
SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE  SATISFACTORY
TO THE  ISSUER  TO THE  EFFECT  THAT  ANY  PROPOSED  TRANSFER  OR  RESALE  IS IN
COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS.

                           CONVERTIBLE PROMISSORY NOTE
                           ---------------------------

January 31, 2002                                                     $100,000.00

         1. PROMISSORY  NOTE.  Subject to all the following terms and conditions
set forth in this  Promissory  Note (this  "Note"),  FinancialContent,  Inc.,  a
Delaware  corporation  (the "Company"),  for value received,  promises to pay to
Asia Pacific Ventures, (the "Holder"), in accordance with the provisions hereof,
on October 31, 2002 (the "Maturity Date"),  the principal amount of (One Hundred
Thousand Dollars)  ($100,000.00),  plus interest as set forth in Section 2 below
accrued on such unpaid and principal amount from time to time outstanding  until
paid.  The Holder  shall  advance to the Company  Twenty Five  Thousand  Dollars
($25,000)  upon the signing of this Note,  and (ii) an  additional  Seventy Five
Thousand  Dollars  ($75,000) to the Company in three (3) equal  installments  of
Twenty Five Thousand Dollars ($25,000) to be advanced on the twenty fifth (25th)
day of each month for three (3)  consecutive  months  beginning  on February 25,
2002. All payments of principal  and/or interest under this Note will be made at
the office of the Company.

         2.  INTEREST.  Interest  under  this Note  shall  accrue at the rate of
12.00% per annum,  compounded annually,  from the date of such Note on principal
actually  and  physically  advanced  to the  Company  until  paid in full.  Such
interest shall only be payable upon the repayment of all principal due hereunder
or as otherwise specified herein.

         3. ACCELERATION. Notwithstanding the provisions contained in this Note,
the entire  amount of  principal  advanced  to the  Company  under this Note and
remaining  unpaid or unconverted,  plus all unpaid interest on unpaid  principal
under this Note,  shall  immediately be due and payable upon an Event of Default
(as hereinafter defined).

         4. OPTIONAL CONVERSION.
            --------------------

            4.1. Conversion.
                 -----------

            (a) Optional  Conversion.  If upon the Maturity  Date the unpaid and
outstanding  principal  and  accrued  interest underlying this Note has not been

                                      -1-
<PAGE>

paid in full to the  Holder,  the then  unpaid  and  outstanding  principal  and
accrued interest  underlying this Note shall be converted,  at the option of the
Holder,  to fully  paid and  nonassessable  shares of the  Company's  restricted
common stock ("Common Stock").  The Note shall convert to 10% of the outstanding
and issued shares of the Company's  Common Stock on the Maturity Date, or on the
date  Holder  serves  notice to convert  as set forth in  section  4.3 if Holder
elects to convert  after the Maturity  Date, if the Company has made no payments
toward  principal  or  interest on the Note.  If the  Company has made  payments
toward  principal  or  interest  on the Note,  the number of shares  convertible
hereunder  shall be reduced by the  percentage  equal to the  percentage  of the
principal and interest  under the Note reduced by any payments by the Company to
the Holder under the Note (the "Conversion Rate").

            4.2. Fractional Shares. No fractional shares of the Company's Common
Stock shall be issued upon  conversion of this Note.  In lieu of any  fractional
shares to which the Holder would otherwise be entitled,  the Company shall round
up any fractional shares to whole shares. .

            4.3. Mechanics of Conversion. Notice of election to Convert shall be
given by the Holder of this Note by mail,  postage  pre-paid,  to the Company at
the  principal  offices of the  Company,  and along  therewith  the Holder shall
surrender this Note, duly endorsed. At its expense, the Company shall, upon such
notice or as soon as practicable thereafter, issue and deliver to such Holder at
its principal  office, a certificate or certificates for the number of shares of
Common Stock to which such Holder  shall be entitled  upon such  conversion  (in
each case  bearing  such  legends  as may be  required  by this  Agreement,  the
applicable  agreements governing the sale of the restricted stock and applicable
state  and  federal  securities  laws in the  opinion  of legal  counsel  of the
Company).  Upon Conversion,  whether or not the Holder of this Note has properly
surrendered it as described  above,  the Company shall be forever  released from
its obligation to pay the principal or interest amount of this Note so converted
and its sole  obligation  shall be to issue such  shares of Common  Stock,  upon
valid surrender by the Holder of this Note.

            4.4. Other Documents.  The Holder shall be entitled to and agrees to
enter into or execute  such  documents  upon the  Conversion  as the Company may
request,  and to meet the  reasonable  conditions  and be  subject  to the terms
applicable to such other investors, provided that the Holder agrees hereby to be
bound by and subject to all terms applicable to such investors in such documents
even if the Holder  fails to enter into or execute  such  documents  as required
hereunder.

         5. EVENTS OF DEFAULT.  If any of the following events shall occur (each
herein  individually  referred to as an "Event of  Default"),  the Company shall
immediately  provide  notice thereof to the Holder of this Note, who may declare
the entire unpaid  principal and accrued  interest on this Note  immediately due
and payable,  by written notice to the Company effective upon dispatch (provided
that upon the  occurrence of an event  described in subsection 5.1 or 5.2 below,
the entire unpaid principal and accrued interest on this Note shall  immediately
become due and payable), without any other presentment, demand, protest or other
notice of any kind or  character,  all of which  are  hereby  expressly  waived,
anything herein to the contrary notwithstanding:

                                      -2-
<PAGE>

            5.1. The institution by the Company of proceedings to be adjudicated
bankrupt or  insolvent,  or the consent by it to  institution  of  bankruptcy or
insolvency proceedings against it or the filing by it of a petition or answer or
consent seeking  reorganization or release under the Federal Bankruptcy Code, or
any other  similar  federal or state law,  or the consent by it to the filing of
any such  petition  or the  appointment  of a  receiver,  liquidator,  assignee,
trustee,  or other similar official,  of the Company, or of any substantial part
of its  property,  or the  making  by it of an  assignment  for the  benefit  of
creditors,  or the  admission by it in writing of its inability to pay its debts
generally as they become due or the taking of corporate action by the Company in
furtherance of any such actions; or

            5.2. If, within sixty (60) days after the  commencement of an action
against  the  Company  seeking  any  bankruptcy,   insolvency,   reorganization,
liquidation,  dissolution or similar relief under any present or future statute,
law or  regulation,  such action shall not have been  dismissed or all orders or
proceedings  thereunder  affecting the operations or the business of the Company
stayed,  or if the stay of any such order or proceeding  shall thereafter be set
aside, or if, within sixty (60) days after the  appointment  without the consent
or  acquiescence  of the Company of any trustee,  receiver or  liquidator of the
Company or of all or any substantial part of the properties of the Company, such
appointment shall not have been vacated; or

            5.3.  The Company  shall have  defaulted  in payment of principal or
interest  under this Note and such  default  shall have  continued  for ten days
following written notice thereof from the Holder.

         6. FULLY PAID  SHARES;  RESERVATION.  All shares of Common Stock issued
upon the  conversion  of this  Note  shall be  validly  issued,  fully  paid and
nonassessable,  and free of liens. The Company has taken all necessary corporate
action  necessary to authorize  the issuance of this Note,  the shares of Common
Stock initially  issuable upon  conversion  hereof and covenants that it will at
all times reserve and keep  available,  solely for issuance  upon  conversion of
this  Note,  all  shares of its Common  Stock  from time to time  issuable  upon
conversion of this Note.  If at any time the number of  authorized  but unissued
shares of Common Stock shall not be sufficient to effect the  conversion of this
Note, then the Company will take such corporate action as may, in the opinion of
its counsel,  be necessary to increase  its  authorized  but unissued  shares of
Common Stock to such number of shares as shall be sufficient for such purpose.

         7. REPRESENTATIONS. The Company hereby represents and warrants that:

            7.1.  Organization  and Good Standing.  The Company is a corporation
duly  organized,  validly  existing and in good  standing  under the laws of the
State of Delaware.

            7.2. Due Authorization,  Execution and Enforceability. The execution
and delivery by the Company of and the performance of its obligations under this
Note have been duly authorized by all necessary  corporate action on the part of
the Company and this Note has been duly and validly  executed  and  delivered by
the  Company  and  constitutes  a valid and  binding  agreement  of the  Company
enforceable in accordance with its terms.

            7.3. No Default or  Conflicts.  The  execution  and delivery of this
Note by the Company and the performance by the Company of its obligations  under
this Note do not and will not  conflict  with or result in a violation or breach

                                      -3-
<PAGE>

of, or require any consent,  approval,  authorization  or order  under,  (i) any
applicable law, statute, rule or regulation, judgment, injunction, order, decree
or agreement or (ii) the certificate of incorporation or bylaws of the Company.

         8. NO  RIGHTS  OR  LIABILITIES  AS  STOCKHOLDER.  This Note does not by
itself  entitle the Holder to any voting rights or other rights as a stockholder
of the Company. In the absence of conversion of this Note, no provisions of this
Note, and no enumeration  herein of the rights or privileges of the Holder shall
cause such Holder to be a stockholder of the Company for any purpose.

         9. RESTRICTIONS ON TRANSFER. Holder acknowledges that this Note and the
Common Stock issuable upon its conversion  have not been registered or qualified
under  federal  or state  securities  laws and that any  shares of Common  Stock
issuable upon the conversion of this Note shall bear a legend similar to the one
at the top of the first  page of this Note.  By  acceptance  of this  Note,  the
registered  Holder (a) represents that the registered  Holder is purchasing this
Note for its own account and not with a view to, or for sale in connection with,
any distribution of this Note or the securities issuable upon conversion of this
Note and (b) affirms that it is an "accredited investor" as such term is defined
under Regulation D promulgated under the Securities Act of 1933, as amended.

         10. AMENDMENT;  WAIVER.  Any term of this Note may be amended,  and the
observance  of any term of this Note may be  waived  (either  generally  or in a
particular  instance and either  retroactively or  prospectively) by the written
consent of the Company  and the  Holder.  Any  amendment  or waiver  effected in
accordance  with the previous  sentence shall be binding upon each future holder
or transferee  of this Note (or part  thereof) and the Company.  The Company and
all endorsers  and  guarantors  of this Note hereby waive  presentment,  demand,
protest,  notice of  dishonor,  notice of  non-payment,  notice of maturity  and
notice of protest for  nonpayment  of this Note and consent to any  extension or
postponement of the time of payment or any other indulgence.

         11.  ASSIGNMENT.  This Note may not be assigned or  transferred  by the
Holder without the prior written consent of the Company.

         12.  SUCCESSORS  AND  ASSIGNS.  Subject to Section  11, all  covenants,
agreements and  undertakings  in this Note by or on behalf of any of the parties
shall bind and inure to the benefit of the respective  successors and assigns of
the parties whether so expressed or not.

         13.  TREATMENT OF NOTE. To the extent  permitted by generally  accepted
accounting  principles,  the Company will treat,  account and report the Note as
debt and not equity for  accounting  purposes  and with  respect to any  returns
filed with federal, state or local tax authorities.

         14. HEADINGS. The headings in this Note are for purposes of convenience
of reference only, and shall not be used to interpret this Note.

                                      -4-
<PAGE>

         15. NOTICES.  Any notice,  request or other  communication  required or
permitted  hereunder  must be given in writing  and shall be deemed to have been
duly given when personally delivered or when deposited in the United States mail
by  registered  or  certified  mail,  postage  prepaid or sent via a  nationally
recognized  overnight  courier  service  to the  Company  or the Holder at their
respective addresses set forth below:

                  To the Company:

                  FinancialContent, Inc.
                  199 California Drive, Suite 207
                  Millbrae, CA 94030
                  Attn: Wing Yu, CEO
                  Fax: 650-652-3990

                  To the Holder:

                  Asia Pacific Ventures

The Company or Holder may each by written notice so given change its address for
future notices hereunder.

         16.  GOVERNING  LAW;  JURISDICTION.  This Note shall be  construed  and
enforced in accordance  with, and governed by, the internal laws of the State of
California, excluding that body of law applicable to conflicts of law.

         17. ATTORNEYS' FEES. The parties hereto shall pay their own legal fees.
If action is brought to enforce  the  provisions  of this Note,  the  prevailing
party shall be entitled to recover its reasonable costs and expenses,  including
legal fees and disbursements of counsel.

         18. TERMS BINDING.  By execution  hereof,  the Holder of this Note (and
each  subsequent  holder of this Note) accepts and agrees to be bound by all the
terms and conditions of this Note.

         19.  SEVERABILITY.  In the event any one or more of the  provisions  of
this Note shall for any reason be held to be invalid,  illegal or unenforceable,
in whole or in part or in any  respect,  or in the event that any one or more of
the provisions of this Note operate or would prospectively operate to invalidate
this Note, then and in any such event,  such  provision(s)  only shall be deemed
null and void and shall not  affect  any  other  provision  of this Note and the
remaining  provisions of this Note shall remain  operative and in full force and
effect and in no way shall be affected, prejudiced or disturbed thereby.

         20. ENTIRE  AGREEMENT.  This Note  constitutes  and contains the entire
agreement  of the  parties  and  supersedes  any  and  all  prior  negotiations,
correspondence,  understandings,  agreements,  duties or obligations between the
parties respecting the subject matter hereof.

                  [remainder of page intentionally left blank]

                                      -5-
<PAGE>

         IN WITNESS  WHEREOF,  the parties have entered into this Note as of the
date first written above.

                                 FINANCIALCONTENT, INC.
                                 a Delaware corporation

                                 By: /s/  Wing Yu
                                    -----------------------------
                                 Name:    Wing Yu
                                 Title:   Chief Executive Officer

                                      -6-
<PAGE>

                                 ASIA PACIFIC VENTURES

                                 By: /s/
                                    -----------------------------
                                 Name:
                                 Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00039-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00039-of-00352.parquet"}]]