Document:

747469_3
                                                                   Exhibit 10.42

                          REGISTRATION RIGHTS AGREEMENT
                          -----------------------------

     This  Registration  Rights Agreement (this "Agreement") is made and entered
                                                 ---------
into  as  of  November  19,  2001,  between  THE  AMANDA  COMPANY.  INC., a Utah
corporation  (the  "Company")  and  the  purchaser listed on Schedule I attached
                    -------
hereto  (the  "Purchaser")
               ---------

     This  Agreement  is  being  entered  into  pursuant to the Convertible Note
Purchase  Agreement,  dated  as  of  the date hereof between the Company and the
Purchaser  (the  "Purchase  Agreement").
                  -------------------

     The  Company  and  the  Purchaser  hereby  agree  as  follows:

     1.     Definitions.
            -----------

     Capitalized  terms  used  and  not  otherwise defined herein shall have the
meanings given such terms in the Purchase Agreement.  As used in this Agreement,
the  following  terms  shall  have  the  following  meanings:

     "Advice"  shall  have  meaning  set  forth  in  Section  3(o).
      ------

     "Affiliate"  means,  with  respect  to  any  Person,  any other Person that
      ---------
directly or indirectly controls or is controlled by or under common control with
such  Person.  For  the  purposes  of this definition, "control," when used with
                                                        -------
respect to any Person, means the possession, direct or indirect, of the power to
direct  or  cause  the  direction of the management and policies of such Person,
whether  through  the  ownership of voting securities, by contract or otherwise;
and  the  terms  of  "affiliated,"  "controlling" and "controlled" have meanings
                      ----------     -----------       ----------
correlative  to  the  foregoing.

     "Board"  shall  have  meaning  set  forth  in  Section  3(n).
      -----

          "Business Day" means any day except Saturday, Sunday and any day which
           ------------
shall  be a legal holiday or a day on which banking institutions in the state of
New York generally are authorized or required by law or other government actions
to  close.

          "Closing  Date" means the date of the closing of the purchase and sale
           -------------
of  the  Notes  and  Warrant  Shares  pursuant  to  the  Purchase  Agreement.

"Commission"  means  the  Securities  and  Exchange  Commission.
 ----------

     "Common Stock" means the Company's Common Stock, par value $0.01 per share.
      ------------
     "Effectiveness  Date"  means with respect to the Registration Statement the
      -------------------
150th  day  following  the  Closing  Date.

     "Effectiveness  Period"  shall  have the meaning set forth in Section 2(a).
      ---------------------

<PAGE>
     "Event"  shall  have  the  meaning  set  forth  in  Section  7(e)(i).
      -----

     "Event  Date"  shall  have  the  meaning  set  forth  in  Section  7(e)(i).
      -----------

     "Exchange  Act"  means  the  Securities  Exchange  Act of 1934, as amended.
      -------------

     "Filing  Date"  means  the  60th  day  following  the  Closing  Date.
      ------------

          "Holder" or "Holders" means the holder or holders, as the case may be,
           ------      -------
from  time  to  time  of  Registrable  Securities.

     "Indemnified  Party"  shall  have  the  meaning  set forth in Section 5(c).
      ------------------

     "Indemnifying  Party"  shall  have  the  meaning set forth in Section 5(c).
      -------------------

"Losses"  shall  have  the  meaning  set  forth  in  Section  5(a).
 ------

          "Person"  means  an  individual  or a corporation, partnership, trust,
           ------
incorporated  or  unincorporated  association,  joint venture, limited liability
company,  joint stock company, government (or an agency or political subdivision
thereof)  or  other  entity  of  any  kind.

          "Proceeding" means an action, claim, suit, investigation or proceeding
           ----------
(including,  without limitation, an investigation or partial proceeding, such as
a  deposition),  whether  commenced  or  threatened.

     "Prospectus"  means  the  prospectus included in the Registration Statement
      ----------
(including,  without  limitation,  a  prospectus  that  includes any information
previously  omitted from a prospectus filed as part of an effective registration
statement  in  reliance upon Rule 430A promulgated under the Securities Act), as
amended  or supplemented by any prospectus supplement, with respect to the terms
of  the  offering  of  any  portion of the Registrable Securities covered by the
Registration  Statement,  and  all  other  amendments  and  supplements  to  the
Prospectus,  including  post-effective amendments, and all material incorporated
by  reference  in  such  Prospectus.

     "Registrable  Securities"  means  the  shares of Common Stock issuable upon
      -----------------------
conversion  of the Note and the shares of Common Stock issuable upon exercise of
the  Warrant;  provided, however, that Registrable Securities shall include (but
               --------  -------
not be limited to) a number of shares of Common Stock equal to no less than 150%
of  the  maximum  number  of shares of Common Stock which would be issuable upon
conversion  of  the  Note  and  upon  exercise  of  the  Warrant,  assuming such
conversion  and  exercise  occurred  on  the  Closing  Date  or the Filing Date,
whichever  date  would  result  in the greater number of Registrable Securities.
Such  registered shares of Common Stock shall be allocated among the Holders pro
rata  based  on the total number of Registrable Securities issued or issuable as
of  each  date that a Registration Statement, as amended, relating to the resale
of  the  Registrable  Securities  is  declared  effective  by  the  Commission.
Notwithstanding  anything herein contained to the contrary, if the actual number
of shares of Common Stock issuable upon conversion of the Note and upon exercise
of  the  Warrant  exceeds  150% of the number of shares of Common Stock issuable
upon  conversion  of  the  Note  and  upon  exercise of the Warrant based upon a
computation  as  at  the  Closing Date or the Filing Date, the term "Registrable
Securities"  shall  be deemed to include such additional shares of Common Stock.

     "Registration  Statement"  means  the  registration  statements  and  any
      -----------------------
additional  registration  statements contemplated by Section 2(a), including (in
      --
each  case)  the  Prospectus,  amendments  and  supplements to such registration
statement  or  Prospectus,  including  pre-  and  post-effective amendments, all
exhibits  thereto,  and  all  material  incorporated  by  reference  in  such
registration  statement.

     "Rule  144"  means  Rule  144 promulgated by the Commission pursuant to the
      ---------
Securities  Act,  as  such Rule may be amended from time to time, or any similar
rule  or regulation hereafter adopted by the Commission having substantially the
same  effect  as  such  Rule.

     "Rule  158"  means  Rule  158 promulgated by the Commission pursuant to the
      ---------
Securities  Act,  as  such Rule may be amended from time to time, or any similar
rule  or regulation hereafter adopted by the Commission having substantially the
same  effect  as  such  Rule.

     "Rule  415"  means  Rule  415 promulgated by the Commission pursuant to the
      ---------
Securities  Act,  as  such Rule may be amended from time to time, or any similar
rule  or regulation hereafter adopted by the Commission having substantially the
same  effect  as  such  Rule.

     "Securities  Act"  means  the  Securities  Act  of  1933,  as  amended.
      ---------------

     "Special  Counsel"  means any special counsel to the Holders, for which the
      ----------------
Holders  will  be  reimbursed  by  the  Company  pursuant  to  Section  4.

     2.     Shelf  Registration.
            --------------------

On  or  prior  to  the  Filing  Date the Company shall prepare and file with the
Commission  a "shelf" Registration Statement covering all Registrable Securities
for  an  offering  to  be  made on a continuous basis pursuant to Rule 415.  The
Registration  Statement  shall  be on Form S-2/Form SB-2.  The Company shall (i)
not  permit  any securities other than the Registrable Securities to be included
in  the Registration Statement without the consent of the Purchaser and (ii) use
its  best  efforts  to cause the Registration Statement to be declared effective
under  the  Securities Act as promptly as possible after the filing thereof, but
in  any  event  prior  to  the Effectiveness Date, and to keep such Registration
Statement  continuously effective under the Securities Act until such date as is
the  earlier  of  (x)  the  date when all Registrable Securities covered by such
Registration  Statement  have been sold or (y) the date on which the Registrable
Securities  may  be  sold  without  any  restriction  pursuant  to  Rule  144 as
determined  by  the counsel to the Company pursuant to a written opinion letter,
addressed  to  the  Company's  transfer agent to such effect (the "Effectiveness
                                                                   -------------
Period").  If  an  additional  Registration  Statement  is  required to be filed
because  the  actual  number  of shares of Common Stock into which the Notes are
convertible  and  the  Warrants  are exercisable exceeds the number of shares of
Common  Stock  initially  registered in respect of the Conversion Shares and the
Warrant Shares based upon the computation on the Closing Date, the Company shall
have  forty-five  (45)  Business  Days  to  file  such  additional  Registration
Statement,  and  the Company shall use its best efforts to cause such additional
Registration  Statement  to  be  declared effective by the Commission as soon as
possible, but in no event later than one hundred twenty (120) days after filing.

     3.     Registration  Procedures.
            -------------------------

     In  connection  with  the Company's registration obligations hereunder, the
Company  shall:

     (a)     Prepare  and  file  with  the  Commission on or prior to the Filing
Date,  a  Registration  Statement  on  Form S-2/Form SB-2 in accordance with the
method or methods of distribution thereof as specified by the Holders (except if
otherwise  directed  by  the  Holders),  and cause the Registration Statement to
become  effective  and  remain  effective as provided herein; provided, however,
                                                              --------  -------
that  not  less  than  five  (5)  Business  Days  prior  to  the  filing  of the
Registration  Statement or any related Prospectus or any amendment or supplement
thereto  (including  any  document  that  would  be  incorporated  therein  by
reference),  the  Company  shall  (i)  furnish  to  the  Holders and any Special
Counsel,  copies  of  all  such  documents proposed to be filed, which documents
(other  than  those  incorporated by reference) will be subject to the review of
such  Holders  and  such  Special  Counsel,  and  (ii)  cause  its  officers and
directors,  counsel  and  independent certified public accountants to respond to
such  inquiries  as  shall be necessary, in the reasonable opinion of counsel to
such  Holders,  to  conduct a reasonable investigation within the meaning of the
Securities  Act.  The  Company  shall not file the Registration Statement or any
such Prospectus or any amendments or supplements thereto to which the Holders of
a majority of the Registrable Securities or any Special Counsel shall reasonably
object  in  writing  within  three  (3)  Business Days of their receipt thereof.

     (b)     (i) Prepare and file with the Commission such amendments, including
post-effective  amendments, to the Registration Statement as may be necessary to
keep  the  Registration  Statement  continuously  effective as to the applicable
Registrable  Securities  for  the Effectiveness Period and prepare and file with
the  Commission such additional Registration Statements in order to register for
resale  under  the  Securities Act all of the Registrable Securities; (ii) cause
the  related Prospectus to be amended or supplemented by any required Prospectus
supplement,  and  as so supplemented or amended to be filed pursuant to Rule 424
(or  any similar provisions then in force) promulgated under the Securities Act;
(iii)  respond  as  promptly  as  possible  to  any  comments  received from the
Commission  with  respect to the Registration Statement or any amendment thereto
and  as promptly as possible provide the Holders true and complete copies of all
correspondence  from  and  to  the  Commission  relating  to  the  Registration
Statement;  and  (iv) comply in all material respects with the provisions of the
Securities  Act  and  the  Exchange  Act  with respect to the disposition of all
Registrable  Securities  covered  by  the  Registration  Statement  during  the
applicable  period in accordance with the intended methods of disposition by the
Holders thereof set forth in the Registration Statement as so amended or in such
Prospectus  as  so  supplemented.

     (c)     Notify  the  Holders  of  Registrable Securities to be sold and any
Special  Counsel  as promptly as possible (and, in the case of (i)(A) below, not
less  than  five  (5)  days  prior to such filing) and (if requested by any such
Person)  confirm  such  notice  in  writing  no  later than one (1) Business Day
following  the  day  (i)(A)  when  a  Prospectus or any Prospectus supplement or
post-effective  amendment to the Registration Statement is proposed to be filed;
(B) when the Commission notifies the Company whether there will be a "review" of
such  Registration  Statement and whenever the Commission comments in writing on
such  Registration  Statement and (C) with respect to the Registration Statement
or any post-effective amendment, when the same has become effective; (ii) of any
request  by  the Commission or any other Federal or state governmental authority
for amendments or supplements to the Registration Statement or Prospectus or for
additional  information;  (iii)  of  the  issuance by the Commission of any stop
order suspending the effectiveness of the Registration Statement covering any or
all  of the Registrable Securities or the initiation of any Proceedings for that
purpose;  (iv)  if  at any time any of the representations and warranties of the
Company  contained  in  any  agreement contemplated hereby ceases to be true and
correct  in  all  material  respects;  (v)  of the receipt by the Company of any
notification  with  respect  to the suspension of the qualification or exemption
from  qualification  of  any  of  the  Registrable  Securities  for  sale in any
jurisdiction,  or  the  initiation  or  threatening  of  any Proceeding for such
purpose;  and  (vi) of the occurrence of any event that makes any statement made
in  the  Registration  Statement  or  Prospectus or any document incorporated or
deemed to be incorporated therein by reference untrue in any material respect or
that  requires  any revisions to the Registration Statement, Prospectus or other
documents  so that, in the case of the Registration Statement or the Prospectus,
as  the case may be, it will not contain any untrue statement of a material fact
or omit to state any material fact required to be stated therein or necessary to
make  the statements therein, in the light of the circumstances under which they
were  made,  not  misleading.

     (d)     Use  its  best  efforts  to  avoid  the issuance of, or, if issued,
obtain  the  withdrawal  of,  (i)  any order suspending the effectiveness of the
Registration Statement or (ii) any suspension of the qualification (or exemption
from  qualification)  of  any  of  the  Registrable  Securities  for sale in any
jurisdiction,  at  the  earliest  practicable  moment.

     (e)     If  requested  by  the  Holders  of  a  majority in interest of the
Registrable  Securities,  (i) promptly incorporate in a Prospectus supplement or
post-effective  amendment  to the Registration Statement such information as the
Company  reasonably agrees should be included therein and (ii) make all required
filings  of  such Prospectus supplement or such post-effective amendment as soon
as  practicable after the Company has received notification of the matters to be
incorporated  in  such  Prospectus  supplement  or  post-effective  amendment.

     (f)     Furnish  to each Holder and any Special Counsel, without charge, at
least  one  conformed  copy  of  each  Registration Statement and each amendment
thereto,  including  financial  statements  and  schedules,  all  documents
incorporated or deemed to be incorporated therein by reference, and all exhibits
to  the extent requested by such Person (including those previously furnished or
incorporated  by reference) promptly after the filing of such documents with the
Commission.

     (g)     Promptly  deliver  to  each Holder and any Special Counsel, without
charge, as many copies of the Prospectus or Prospectuses (including each form of
prospectus)  and  each  amendment  or  supplement  thereto  as  such Persons may
reasonably  request;  and  the  Company  hereby  consents  to  the  use  of such
Prospectus  and  each  amendment  or  supplement  thereto by each of the selling
Holders  in  connection with the offering and sale of the Registrable Securities
covered  by  such  Prospectus  and  any  amendment  or  supplement  thereto.

     (h)     Prior  to  any  public  offering of Registrable Securities, use its
best  efforts  to  register or qualify or cooperate with the selling Holders and
any  Special  Counsel  in  connection with the registration or qualification (or
exemption  from  such  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 Holder requests in writing, to
keep  each such registration or qualification (or exemption therefrom) effective
during  the  Effectiveness  Period  and  to  do any and all other acts or things
necessary  or  advisable  to enable the disposition in such jurisdictions of the
Registrable  Securities  covered by a Registration Statement; provided, however,
                                                              --------  -------
that  the  Company  shall not be required to qualify generally to do business in
any  jurisdiction  where  it is not then so qualified or to take any action that
would subject it to general service of process in any such jurisdiction where it
is  not  then  so subject or subject the Company to any material tax in any such
jurisdiction  where  it  is  not  then  so  subject.

     (i)     Cooperate with the Holders to facilitate the timely preparation and
delivery of certificates representing Registrable Securities to be sold pursuant
to a Registration Statement, which certificates shall be free of all restrictive
legends,  and  to enable such Registrable Securities to be in such denominations
and registered in such names as any Holder may request at least two (2) Business
Days  prior  to  any  sale  of  Registrable  Securities.

     (j)     Upon  the occurrence of any event contemplated by Section 3(c)(vi),
as  promptly  as  possible,  prepare  a  supplement  or  amendment,  including a
post-effective  amendment,  to the Registration Statement or a supplement to the
related  Prospectus  or  any  document incorporated or deemed to be incorporated
therein  by  reference,  and  file  any  other  required  document  so  that, as
thereafter  delivered,  neither  the  Registration Statement nor such Prospectus
will  contain an untrue statement of a material fact or omit to state a material
fact  required to be stated therein or necessary to make the statements therein,
in  the  light  of the circumstances under which they were made, not misleading.

     (k)     Use  its  best efforts to cause all Registrable Securities relating
to  such  Registration  Statement  to  be  listed on the OTC Bulletin Board, The
Nasdaq  Small-Cap  Market and any other securities exchange, quotation system or
market,  if  any,  on  which  similar  securities issued by the Company are then
listed  as  and  when  required  pursuant  to  the  Purchase  Agreement.

     (l)     Comply  in  all  material  respects  with  all applicable rules and
regulations  of  the  Commission  and  make  generally available to its security
holders  earning  statements  satisfying  the provisions of Section 11(a) of the
Securities Act and Rule 158 not later than 45 days after the end of any 12-month
period  (or  90  days  after  the end of any 12-month period if such period is a
fiscal  year)  commencing  on  the  first day of the first fiscal quarter of the
Company  after the effective date of the Registration Statement, which statement
shall  conform  to  the  requirements  of  Rule  158.

     (m)     The  Company  may  require  each  selling  Holder to furnish to the
Company  information  regarding  such  Holder  and  the  distribution  of  such
Registrable Securities as is required by law to be disclosed in the Registration
Statement,  and  the  Company may exclude from such registration the Registrable
Securities of any such Holder who unreasonably fails to furnish such information
within  a  reasonable  time  after  receiving  such  request.

     If  the Registration Statement refers to any Holder by name or otherwise as
the  holder  of  any  securities of the Company, then such Holder shall have the
right  to  require (if such reference to such Holder by name or otherwise is not
required by the Securities Act or any similar federal statute then in force) the
deletion  of  the reference to such Holder in any amendment or supplement to the
Registration  Statement  filed  or  prepared  subsequent  to  the time that such
reference  ceases  to  be  required.

     Each  Holder covenants and agrees that (i) it will not sell any Registrable
Securities  under the Registration Statement until it has received copies of the
Prospectus  as  then amended or supplemented as contemplated in Section 3(g) and
notice  from the Company that such Registration Statement and any post-effective
amendments  thereto  have  become  effective as contemplated by Section 3(c) and
(ii)  it and its officers, directors or Affiliates, if any, will comply with the
prospectus  delivery requirements of the Securities Act as applicable to them in
connection  with  sales  of  Registrable Securities pursuant to the Registration
Statement.

     Each  Holder agrees by its acquisition of such Registrable Securities that,
upon  receipt of a notice from the Company of the occurrence of any event of the
kind  described  in  Section 3(c)(ii), 3(c)(iii), 3(c)(iv), 3(c)(v) or 3(c)(vi),
such  Holder  will  forthwith  discontinue  disposition  of  such  Registrable
Securities  under  the Registration Statement until such Holder's receipt of the
copies  of  the  supplemented  Prospectus  and/or amended Registration Statement
contemplated  by  Section 3(j), or until it is advised in writing (the "Advice")
                                                                        ------
by the Company that the use of the applicable Prospectus may be resumed, and, in
either  case, has received copies of any additional or supplemental filings that
are incorporated or deemed to be incorporated by reference in such Prospectus or
Registration  Statement.

     (n)     If  (i)  there  is  material  non-public  information regarding the
Company  which  the  Company's  Board  of  Directors  (the  "Board")  reasonably
                                                             -----
determines  not  to  be in the Company's best interest to disclose and which the
Company  is  not  otherwise required to disclose, or (ii) there is a significant
business  opportunity  (including,  but  not  limited  to,  the  acquisition  or
disposition  of  assets  (other  than in the ordinary course of business) or any
merger,  consolidation,  tender offer or other similar transaction) available to
the  Company  which  the  Board reasonably determines not to be in the Company's
best  interest  to  disclose, then the Company may postpone or suspend filing or
effectiveness  of  a  registration  statement  for  a  period  not  to exceed 20
consecutive  days,  provided  that  the  Company may not postpone or suspend its
obligation under this Section 3(n) for more than 45 days in the aggregate during
any  12 month period; provided, however, that no such postponement or suspension
                      --------  -------
shall  be  permitted for consecutive 20 day periods, arising out of the same set
of  facts,  circumstances  or  transactions.

     4.     Registration  Expenses.
            ----------------------

     All  fees  and  expenses  incident to the performance of or compliance with
this  Agreement by the Company, except as and to the extent specified in Section
4(b), shall be borne by the Company whether or not the Registration Statement is
filed  or  becomes  effective  and whether or not any Registrable Securities are
sold  pursuant to the Registration Statement.  The fees and expenses referred to
in  the  foregoing  sentence  shall  include,  without  limitation,  (i)  all
registration  and  filing fees (including, without limitation, fees and expenses
(A)  with respect to filings required to be made with the OTC Bulletin Board and
each  other  securities  exchange  or market on which Registrable Securities are
required hereunder to be listed, (B) with respect to filings required to be made
with  the  National  Association  of  Securities  Dealers,  Inc.  and  the  NASD
Regulation,  Inc.  and  (C) in compliance with state securities or Blue Sky laws
(including,  without  limitation,  fees  and  disbursements  of  counsel for the
Holders in connection with Blue Sky qualifications of the Registrable Securities
and  determination  of  the  eligibility  of  the  Registrable  Securities  for
investment  under the laws of such jurisdictions as the Holders of a majority of
Registrable  Securities  may  designate)),  (ii)  printing  expenses (including,
without limitation, expenses of printing certificates for Registrable Securities
and of printing prospectuses if the printing of prospectuses is requested by the
holders of a majority of the Registrable Securities included in the Registration
Statement),  (iii)  messenger,  telephone  and  delivery expenses, (iv) fees and
disbursements of counsel for the Company and Special Counsel for the Holders, in
the  case  of the Special Counsel, to a maximum amount of $5,000, (v) Securities
Act liability insurance, if the Company so desires such insurance, and (vi) fees
and expenses of all other Persons retained by the Company in connection with the
consummation  of  the  transactions  contemplated  by this Agreement, including,
without  limitation,  he Company's independent public accountants (including the
expenses  of  any  comfort  letters  or  costs  associated  with the delivery by
independent  public  accountants  of  a  comfort letter or comfort letters).  In
addition,  the  Company  shall  be  responsible for all of its internal expenses
incurred in connection with the consummation of the transactions contemplated by
this  Agreement (including, without limitation, all salaries and expenses of its
officers  and  employees  performing legal or accounting duties), the expense of
any  annual audit, the fees and expenses incurred in connection with the listing
of  the Registrable Securities on any securities exchange as required hereunder.

     5.          Indemnification.
                 ---------------

     (a)     Indemnification by the Company.  The Company shall, notwithstanding
             ------------------------------
any  termination of this Agreement, indemnify and hold harmless each Holder, the
officers,  directors,  agents,  brokers  (including  brokers  who offer and sell
Registrable  Securities  as  principal as a result of a pledge or any failure to
perform  under a margin call of Common Stock), investment advisors and employees
of each of them, each Person who controls any such Holder (within the meaning of
Section  15  of  the  Securities  Act or Section 20 of the Exchange Act) and the
officers,  directors,  agents  and employees of each such controlling Person, to
the  fullest  extent  permitted  by applicable law, from and against any and all
losses,  claims,  damages,  liabilities,  costs  (including, without limitation,
costs of preparation and attorneys' fees) and expenses (collectively, "Losses"),
                                                                       ------
as  incurred,  arising  out  of  or  relating  to  any  untrue or alleged untrue
statement  of  a  material  fact  contained  in  the Registration Statement, any
Prospectus  or  any form of prospectus or in any amendment or supplement thereto
or  in any preliminary prospectus, or arising out of or relating to any omission
or  alleged  omission  of  a  material  fact  required  to  be stated therein or
necessary  to make the statements therein (in the case of any Prospectus or form
of  prospectus  or  supplement  thereto, in the light of the circumstances under
which  they  were  made)  not  misleading, except to the extent, but only to the
extent,  that  such  untrue  statements  or  omissions  are  based  solely  upon
information  regarding  such  Holder furnished in writing to the Company by such
Holder  expressly for use therein, which information was reasonably relied on by
the  Company  for  use therein or to the extent that such information relates to
such  Holder  or  such  Holder's  proposed method of distribution of Registrable
Securities  and  was  reviewed  and expressly approved in writing by such Holder
expressly for use in the Registration Statement, such Prospectus or such form of
Prospectus  or in any amendment or supplement thereto.  The Company shall notify
the  Holders  promptly of the institution, threat or assertion of any Proceeding
of  which  the Company is aware in connection with the transactions contemplated
by  this  Agreement.

     (b)     Indemnification  by  Holders.  Each Holder shall, severally and not
             ----------------------------
jointly,  indemnify  and  hold  harmless  the  Company, the directors, officers,
agents  and  employees, each Person who controls the Company (within the meaning
of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the
directors,  officers,  agents  or  employees of such controlling Persons, to the
fullest  extent  permitted  by  applicable  law, from and against all Losses, as
incurred,  arising  solely out of or based solely upon any untrue statement of a
material  fact  contained  in the Registration Statement, any Prospectus, or any
form  of  prospectus, or arising solely out of or based solely upon any omission
of  a  material  fact  required  to  be  stated therein or necessary to make the
statements  therein  (in  the  case  of  any Prospectus or form of prospectus or
supplement  thereto,  in  the  light  of the circumstances under which they were
made)  not  misleading,  to the extent, but only to the extent, that such untrue
statement or omission is contained in any information so furnished in writing by
such  Holder  to  the  Company  specifically  for  inclusion in the Registration
Statement  or  such  Prospectus  and that such information was reasonably relied
upon  by  the  Company for use in the Registration Statement, such Prospectus or
such  form  of prospectus or to the extent that such information relates to such
Holder  or  such  Holder's  proposed  method  of  distribution  of  Registrable
Securities  and  was  reviewed  and expressly approved in writing by such Holder
expressly for use in the Registration Statement, such Prospectus or such form of
Prospectus.

     (c)     Conduct  of  Indemnification  Proceedings.  If  any
                       -----------------------------------------
Proceeding shall be brought or asserted against any Person entitled to indemnity
hereunder (an "Indemnified Party"), such Indemnified Party promptly shall notify
               -----------------
the  Person  from whom indemnity is sought (the "Indemnifying Party) in writing,
                                                 ------------------
and  the  Indemnifying  Party  shall  assume  the defense thereof, including the
employment  of  counsel reasonably satisfactory to the Indemnified Party and the
payment  of  all  fees and expenses incurred in connection with defense thereof;
provided,  that  the  failure of any Indemnified Party to give such notice shall
not relieve the Indemnifying Party of its obligations or liabilities pursuant to
this  Agreement,  except  (and  only)  to  the  extent  that it shall be finally
determined  by  a  court  of  competent jurisdiction (which determination is not
subject  to  appeal  or further review) that such failure shall have proximately
and  materially  adversely  prejudiced  the  Indemnifying  Party.

     An Indemnified Party shall have the right to employ separate counsel in any
such  Proceeding  and  to  participate  in the defense thereof, but the fees and
expenses  of  such  counsel shall be at the expense of such Indemnified Party or
Parties  unless:  (1)  the  Indemnifying Party has agreed in writing to pay such
fees  and  expenses; or (2) the Indemnifying Party shall have failed promptly to
assume  the  defense  of  such  Proceeding  and  to  employ  counsel  reasonably
satisfactory  to such Indemnified Party in any such Proceeding; or (3) the named
parties  to  any  such Proceeding (including any impleaded parties) include both
such  Indemnified  Party  and the Indemnifying Party, and such Indemnified Party
shall  have  been  advised  by  counsel that a conflict of interest is likely to
exist  if  the  same  counsel  were  to represent such Indemnified Party and the
Indemnifying  Party  (in  which  case,  if  such  Indemnified Party notifies the
Indemnifying  Party  in writing that it elects to employ separate counsel at the
expense  of  the  Indemnifying  Party, the Indemnifying Party shall not have the
right  to assume the defense thereof and such counsel shall be at the expense of
the  Indemnifying  Party).  The  Indemnifying  Party shall not be liable for any
settlement  of  any  such Proceeding effected without its written consent, which
consent  shall  not  be  unreasonably  withheld.  No  Indemnifying  Party shall,
without  the  prior  written  consent  of  the  Indemnified  Party,  effect  any
settlement  of  any pending Proceeding in respect of which any Indemnified Party
is  a  party,  unless  such settlement includes an unconditional release of such
Indemnified  Party  from  all liability on claims that are the subject matter of
such  Proceeding.

          All  fees  and expenses of the Indemnified Party (including reasonable
fees  and  expenses  to  the extent incurred in connection with investigating or
preparing  to  defend  such  Proceeding  in  a manner not inconsistent with this
Section)  shall  be  paid to the Indemnified Party, as incurred, within ten (10)
Business Days of written notice thereof to the Indemnifying Party (regardless of
whether it is ultimately determined that an Indemnified Party is not entitled to
indemnification  hereunder;  provided,  that  the Indemnifying Party may require
such  Indemnified  Party to undertake to reimburse all such fees and expenses to
the  extent  it  is finally judicially determined that such Indemnified Party is
not  entitled  to  indemnification  hereunder).

     (d)     Contribution.  If  a  claim  for indemnification under Section
                  ------------
5(a)  or  5(b)  is  unavailable  to an Indemnified Party because of a failure or
refusal  of  a  governmental  authority  to  enforce  such  indemnification  in
accordance  with  its terms (by reason of public policy or otherwise), then each
Indemnifying  Party,  in  lieu  of  indemnifying  such  Indemnified Party, shall
contribute  to  the amount paid or payable by such Indemnified Party as a result
of  such  Losses,  in  such proportion as is appropriate to reflect the relative
fault  of  the  Indemnifying  Party and Indemnified Party in connection with the
actions,  statements  or  omissions  that resulted in such Losses as well as any
other  relevant  equitable  considerations.  The  relative  fault  of  such
Indemnifying  Party  and  Indemnified Party shall be determined by reference to,
among  other  things,  whether  any  action in question, including any untrue or
alleged untrue statement of a material fact or omission or alleged omission of a
material fact, has been taken or made by, or relates to information supplied by,
such Indemnifying, Party or Indemnified Party, and the parties' relative intent,
knowledge,  access  to  information  and  opportunity to correct or prevent such
action,  statement  or  omission.  The  amount  paid  or payable by a party as a
result  of any Losses shall be deemed to include, subject to the limitations set
forth  in  Section  5(c),  any reasonable attorneys' or other reasonable fees or
expenses  incurred by such party in connection with any Proceeding to the extent
such  party  would  have  been  indemnified  for  such  fees  or expenses if the
indemnification  provided  for  in  this  Section was available to such party in
accordance  with  its  terms.

          The  parties  hereto  agree that it would not be just and equitable if
contribution  pursuant  to  this  Section  5(d)  were  determined  by  pro  rata
allocation  or by any other method of allocation that does not take into account
the equitable considerations referred to in the immediately preceding paragraph.
No  Person guilty of fraudulent misrepresentation (within the meaning of Section
11(f)  of  the Securities Act) shall be entitled to contribution from any Person
who  was  not  guilty  of  such  fraudulent  misrepresentation.

          The  indemnity  and  contribution agreements contained in this Section
are  in  addition to any liability that the Indemnifying Parties may have to the
Indemnified  Parties

6.     Rule  144.
       ---------

     As  long  as any Holder owns Shares, Conversion Shares, Warrants or Warrant
Shares,  the  Company  covenants to timely file (or obtain extensions in respect
thereof  and file within the applicable grace period) all reports required to be
filed by the Company after the date hereof pursuant to Section 13(a) or 15(d) of
the  Exchange  Act  and  to  promptly furnish the Holders with true and complete
copies  of  all  such  filings.  As  long  as any Holder owns Shares, Conversion
Shares,  Warrants  or  Warrant  Shares,  if  the Company is not required to file
reports  pursuant to Section 13(a) or 15(d) of the Exchange Act, it will prepare
and  furnish  to the Holders and make publicly available in accordance with Rule
144(c)  promulgated  under  the  Securities  Act  annual and quarterly financial
statements, together with a discussion and analysis of such financial statements
in  form  and  substance  substantially similar to those that would otherwise be
required  to  be  included  in reports required by Section 13(a) or 15(d) of the
Exchange  Act,  as  well  as any other information required thereby, in the time
period  that  such  filings would have been required to have been made under the
Exchange  Act.  The  Company  further  covenants  that it will take such further
action  as  any  Holder  may reasonably request, all to the extent required from
time  to time to enable such Person to sell Conversion Shares and Warrant Shares
without  registration  under  the  Securities  Act  within the limitation of the
exemptions  provided by Rule 144 promulgated under the Securities Act, including
providing  any  legal opinions relating to such sale pursuant to Rule 144.  Upon
the  request  of  any Holder, the Company shall deliver to such Holder a written
certification  of  a  duly authorized officer as to whether it has complied with
such  requirements.

     7.     Miscellaneous.
            -------------

     (a)     Remedies.  In  the event of a breach by the Company or by a Holder,
             --------
of any of their obligations under this Agreement, each Holder or the Company, as
the case may be, in addition to being entitled to exercise all rights granted by
law and under this Agreement, including recovery of damages, will be entitled to
specific  performance  of its rights under this Agreement.  The Company and each
Holder  agree  that monetary damages would not provide adequate compensation for
any losses incurred by reason of a breach by it of any of the provisions of this
Agreement  and  hereby  further  agrees  that,  in  the  event of any action for
specific  performance in respect of such breach, it shall waive the defense that
a  remedy  at  law  would  be  adequate.

     (b)     No  Inconsistent  Agreements.  Neither  the  Company nor any of its
             ----------------------------
subsidiaries  has,  as  of the date hereof entered into and currently in effect,
nor  shall  the Company or any of its subsidiaries, on or after the date of this
Agreement,  enter  into  any  agreement  with  respect to its securities that is
inconsistent  with  the  rights  granted  to  the  Holders  in this Agreement or
otherwise conflicts with the provisions hereof.  Except as disclosed in Schedule
                                                                        --------
2.1(c)  of  the  Purchase  Agreement,  neither  the  Company  nor  any  of  its
subsidiaries  has  previously  entered  into  any  agreement currently in effect
granting  any  registration  rights with respect to any of its securities to any
Person.  Without  limiting  the generality of the foregoing, without the written
consent  of  the  Holders  of  a  majority  of  the then outstanding Registrable
Securities,  the  Company shall not grant to any Person the right to request the
Company  to  register  any  securities  of  the Company under the Securities Act
unless  the rights so granted are subject in all respects to the prior rights in
full of the Holders set forth herein, and are not otherwise in conflict with the
provisions  of  this  Agreement.

     (c)     No  Piggyback on Registrations.  Neither the Company nor any of its
             ------------------------------
security  holders (other than the Holders in such capacity pursuant hereto or as
disclosed  in  Schedule 2.1(c) of the Purchase Agreement) may include securities
               ---------------
of  the  Company  in the Registration Statement, and the Company shall not after
the  date  hereof  enter  into  any agreement providing such right to any of its
securityholders,  unless  the right so granted is subject in all respects to the
prior  rights  in  full of the Holders set forth herein, and is not otherwise in
conflict  with  the  provisions  of  this  Agreement.

     (d)     Piggy-Back  Registrations.  If  at  any  time  when there is not an
             -------------------------
effective  Registration Statement covering (i) Conversion Shares or (ii) Warrant
Shares,  the  Company  shall determine to prepare and file with the Commission a
registration  statement  relating  to  an  offering  for  its own account or the
account  of  others  under  the  Securities Act of any of its equity securities,
other  than  on  Form  S-4 or Form S-8 (each as promulgated under the Securities
Act) or their then equivalents relating to equity securities to be issued solely
in  connection  with  any  acquisition  of  any  entity  or  business  or equity
securities  issuable  in  connection with stock option or other employee benefit
plans,  the  Company shall send to each holder of Registrable Securities written
notice  of  such  determination and, if within thirty (30) days after receipt of
such  notice,  any such holder shall so request in writing, (which request shall
specify the Registrable Securities intended to be disposed of by the Purchaser),
the  Company  will  cause  the  registration  under  the  Securities  Act of all
Registrable  Securities  which  the Company has been so requested to register by
the holder, to the extent requisite to permit the disposition of the Registrable
Securities  so  to  be  registered,  provided  that  if at any time after giving
written  notice  of  its  intention  to register any securities and prior to the
effective  date  of  the  registration  statement  filed in connection with such
registration,  the  Company shall determine for any reason not to register or to
delay  registration  of  such securities, the Company may, at its election, give
written  notice  of such determination to such holder and, thereupon, (i) in the
case  of a determination not to register, shall be relieved of its obligation to
register  any  Registrable  Securities in connection with such registration (but
not  from  its  obligation to pay expenses in accordance with Section 4 hereof),
and (ii) in the case of a determination to delay registering, shall be permitted
to  delay  registering  any  Registrable Securities being registered pursuant to
this  Section  7(d)  for  the same period as the delay in registering such other
securities.  The Company shall include in such registration statement all or any
part  of  such  Registrable  Securities  such  holder requests to be registered;
provided,  however,  that  the  Company  shall  not  be required to register any
     ---   -------
Registrable  Securities pursuant to this Section 7(d) that are eligible for sale
     -
pursuant  to  Rule 144(k) of the Securities Act.  In the case of an underwritten
public  offering,  if  the  managing  underwriter(s)  or  underwriter(s)  should
reasonably  object  to  the  inclusion  of  the  Registrable  Securities in such
registration statement, then if the Company after consultation with the managing
underwriter  should  reasonably determine that the inclusion of such Registrable
Securities,  would materially adversely affect the offering contemplated in such
registration  statement, and based on such determination recommends inclusion in
such  registration  statement  of fewer or none of the Registrable Securities of
the  Holders,  then  (x)  the  number  of  Registrable Securities of the Holders
included  in  such  registration  statement shall be reduced pro-rata among such
Holders  (based  upon  the  number  of  Registrable  Securities  requested to be
included  in  the  registration),  if  the  Company  after consultation with the
underwriter(s)  recommends the inclusion of fewer Registrable Securities, or (y)
none  of  the  Registrable  Securities  of the Holders shall be included in such
registration  statement,  if  the  Company  after  consultation  with  the
underwriter(s)  recommends the inclusion of none of such Registrable Securities;
provided, however, that if Securities are being offered for the account of other
--------  -------
persons or entities as well as the Company, such reduction shall not represent a
greater  fraction of the number of Registrable Securities intended to be offered
by  the  Holders  than  the fraction of similar reductions imposed on such other
persons  or  entities  (other  than  the  Company).

     (e)     Failure  to  File  Registration  Statement  and  Other Events.  The
             -------------------------------------------------------------
Company  and  the  Purchaser  agree  that the Holders will suffer damages if the
Registration  Statement  is  not  filed  on  or prior to the Filing Date and not
declared  effective  by the Commission on or prior to the Effectiveness Date and
maintained in the manner contemplated herein during the Effectiveness Time or if
certain  other  events occur.  The Company and the Holders further agree that it
would  not  be  feasible to ascertain the extent of such damages with precision.
Accordingly,  if  (A) the Registration Statement is not filed on or prior to the
Filing  Date,  or is not declared effective by the Commission on or prior to the
Effectiveness  Date  (or  in  the  event an additional Registration Statement is
filed  because  the actual number of shares of Common Stock into which the Notes
are convertible and the Warrants are exercisable exceeds the number of shares of
Common  Stock  initially registered is not filed and declared effective with the
time  periods  set forth in Section 2(a)), or (B) the Company fails to file with
the  Commission  a  request  for  acceleration  in  accordance  with Rule 12dl-2
promulgated  under  the  Exchange  Act within five (5) Business Days of the date
that the Company is notified (orally or in writing, whichever is earlier) by the
Commission  that a Registration Statement will not be "reviewed," or not subject
to  further review, or (C) the Registration Statement is filed with and declared
effective  by  the  Commission  but  thereafter ceases to be effective as to all
Registrable  Securities at any time prior to the expiration of the Effectiveness
Period,  without  being  succeeded  immediately  by  a  subsequent  Registration
Statement filed with and declared effective by the Commission, or (D) trading in
the  Common Stock shall be suspended or if the Common Stock is delisted from the
OTC  Bulletin  Board or The Nasdaq Small-Cap Market for any reason for more than
three  Business  Days  in  the  aggregate,  or  (E) the conversion rights of the
Holders  are suspended for any reason except as a result of Section 5(a)(iii) of
the  Certificate  of  Designation,  or  (F)  the  Company breaches in a material
respect  any covenant or other material term or condition to this Agreement, the
Certificate  of Designation, the Purchase Agreement (other than a representation
or  warranty contained therein) or any other agreement, document, certificate or
other  instrument  delivered  in  connection  with the transactions contemplated
hereby  and thereby, and such breach continues for a period of thirty days after
written  notice  thereof to the Company, or (G) the Company has breached Section
3(n)  (any  such  failure  or  breach  being  referred to as an "Event," and for
                                                                 -----
purposes  of  clauses  (A)  and  (E) the date on which such Event occurs, or for
purposes  of  clause  (B) the date on which such five day period is exceeded, or
for  purposes  of  clause  (C)  after  more  than  fifteen Business Days, or for
purposes  of  clause  (D)  the  date  on which such three Business Day period is
exceeded,  or  for  clause  (F)  the  date  on  which  such thirty day period is
exceeded,  being  referred  to  as  "Event Date"), the Company shall pay, at the
                                     ----------
option of the Holder, an amount in cash or shares of Common Stock, as liquidated
damages  to  each  Holder  equal  to  1% for the first calendar month and 2% per
calendar  month  thereafter  or  portion  thereof of the principal amount of the
Notes  held by such Holder plus the principal amount of any Notes that have been
converted to the extent any of the Conversion Shares issued upon such conversion
have  not  been  sold  from  the Event Date until the applicable Event is cured.
Payments  to  be  made pursuant to this Section 7(e)(i) shall be due and payable
immediately  upon  demand in immediately available funds.   If the Holder elects
to  be paid in shares of Common Stock, the number of such shares of Common Stock
shall  be  based  on the liquidated damage amount divided by the Conversion Rate
(as  defined  in  the  Note).

     (f) Amendments and Waivers. The provisions of this Agreement, including the
         ----------------------
provisions  of  this sentence, may not be amended, modified or supplemented, and
waivers  or  consents to departures from the provisions hereof may not be given,
unless  the  same  shall be in writing and signed by the Company and each of the
Holders.  Notwithstanding  the foregoing, a waiver or consent to depart from the
provisions  hereof  with  respect  to  a  matter that relates exclusively to the
rights  of Holders and that does not directly or indirectly affect the rights of
other  Holders may be given by Holders of at least a majority of the Registrable
Securities  to which such waiver or consent relates; provided, however, that the
                                                     --------  -------
provisions of this sentence may not be amended, modified, or supplemented except
in  accordance  with  the  provisions  of  the  immediately  preceding sentence.

     (g)     Notices.  Any and all notices or other communications or deliveries
             -------
required  or permitted to be provided hereunder shall be in writing and shall be
deemed  given  and  effective on the earlier of (i) the date of transmission, if
such  notice  or  communication  is  delivered  via  facsimile  at the facsimile
telephone number specified for notice prior to 5:00 p.m., New York City time, on
a  Business  Day,  (ii) the Business Day after the date of transmission, if such
notice  or  communication  is delivered via facsimile at the facsimile telephone
number  specified  for  notice  later than 5:00 p.m., New York City time, on any
date  and  earlier  than 11:59 p.m., New York City time, on such date, (iii) the
Business  Day  following  the  date of mailing, if sent by nationally recognized
overnight  courier  service  or  (iv)  actual  receipt by the party to whom such
notice  is required to be given.  The addresses for such communications shall be
with  respect to each Holder at its address set forth under its name on Schedule
                                                                        --------
1  attached  hereto,  or  with  respect  to  the  Company,  addressed  to:

                    The  Amanda  Company,  Inc.
                    13765  Alton  Parkway,  Suite  F
                    Irvine,  California  92618
                    Attention:  Chief  Executive  Officer
                    Telephone  No.:  (949)  859-6279
                    Facsimile  No.:  (949)  859-4380

or to such other address or addresses or facsimile number or numbers as any such
party  may  most recently have designated in writing to the other parties hereto
by  such  notice.  Copies of notices to the Company shall be sent to Naccarato &
Associates,  19600  Fairchild,  Suite  260,  Irvine  CA  92612  Attention:  Owen
Naccarato,  Facsimile  No.:  (949)  851-9262.

      (h) Successors and Assigns. This Agreement shall be binding upon and inure
         -----------------------
to  the  benefit  of  the parties and their successors and permitted assigns and
shall  inure  to the benefit of each Holder and its successors and assigns.  The
Company  may  not  assign  this  Agreement  or  any of its rights or obligations
hereunder  without  the prior written consent of each Holder.  The Purchaser may
assign  its rights hereunder in the manner and to the Persons as permitted under
the  Purchase  Agreement.

     (i) Assignment of Registration Rights. The rights of each Holder hereunder,
         ---------------------------------
including  the  right  to  have  the  Company  register  for  resale Registrable
Securities  in  accordance  with  the  terms  of  this  Agreement,  shall  be
automatically  assignable  by each Holder to any Affiliate of such Holder or any
other  Holder  or Affiliate of any other Holder of all or a portion of the Notes
or  the  Registrable  Securities  if:  (i) the Holder agrees in writing with the
transferee  or  assignee  to assign such rights, and a copy of such agreement is
furnished  to  the  Company within a reasonable time after such assignment, (ii)
the  Company  is,  within  a  reasonable time after such transfer or assignment,
furnished  with written notice of (a) the name and address of such transferee or
assignee,  and (b) the securities with respect to which such registration rights
are  being  transferred or assigned, (iii) following such transfer or assignment
the  further  disposition  of  such securities by the transferee or assignees is
restricted  under  the Securities Act and applicable state securities laws, (iv)
at  or  before  the time the Company receives the written notice contemplated by
clause  (ii)  of this Section, the transferee or assignee agrees in writing with
the Company to be bound by all of the provisions of this Agreement, and (v) such
transfer  shall have been made in accordance with the applicable requirements of
the Purchase Agreement.  In addition, each Holder shall have the right to assign
its  rights  hereunder to any other Person with the prior written consent of the
Company,  which  consent  shall  not  be  unreasonably  withheld.  The rights to
assignment  shall  apply  to  the  Holders  (and  to  subsequent) successors and
assigns.

     (j)     Counterparts.  This  Agreement  may  be  executed  in any number of
             ------------
counterparts,  each  of which when so executed shall be deemed to be an original
and,  all  of  which taken together shall constitute one and the same Agreement.
In  the  event  that  any signature is delivered by facsimile transmission, such
signature  shall create a valid binding obligation of the party executing (or on
whose behalf such signature is executed) the same with the same force and effect
as  if  such  facsimile  signature  were  the  original  thereof.

     (k)     Governing  Law.  This  Agreement shall be governed by and construed
             --------------
in  accordance  with  the  laws  of  the  State  of  New York, without regard to
principles  of  conflicts  of  law  thereof.

     (l)     Cumulative  Remedies.  The  remedies provided herein are cumulative
             --------------------
and  not  exclusive  of  any  remedies  provided  by  law.

     (m)     Severability.  If  any  term, provision, covenant or restriction of
             ------------
this  Agreement  is  held  to  be invalid, illegal, void or unenforceable in any
respect,  the remainder of the terms, provisions, covenants and restrictions set
forth  herein  shall  remain  in  full  force  and effect and shall in no way be
affected,  impaired  or  invalidated,  and  the  parties  hereto shall use their
reasonable  efforts  to find and employ an alternative means to achieve the same
or  substantially  the same result as that contemplated by such term, provision,
covenant  or  restriction.  It  is  hereby  stipulated  and  declared  to be the
intention  of  the  parties  that  they would have executed the remaining terms,
provisions, covenants and restrictions without including any of such that may be
hereafter  declared  invalid,  illegal,  void  or  unenforceable.

     (n)     Headings.  The  headings  herein  are  for convenience only, do not
             --------
constitute  a  part of this Agreement and shall not be deemed to limit or affect
any  of  the  provisions  hereof.

     (o)     Shares Held by the Company and its Affiliates. Whenever the consent
             ---------------------------------------------
or  approval  of  Holders of a specified percentage of Registrable Securities is
required hereunder, Registrable Securities held by the Company or its Affiliates
(other  than  any Holder or transferees or successors or assigns thereof if such
Holder  is  deemed  to  be an Affiliate solely by reason of its holdings of such
Registrable Securities) shall not be counted in determining whether such consent
or  approval  was  given  by  the  Holders  of  such  required  percentage.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>
IN  WITNESS  WHEREOF,  the  parties  hereto have caused this Registration Rights
Agreement  to  be duly executed by their respective authorized persons as of the
date  first  indicated  above.

                              THE  AMANDA  COMPANY,  INC

                              By:  /s/  Jose  Candia
                              Name:  Jose  Candia
                              Title:   Chief  Executive  Officer

                               ALPHA  CAPITAL  AG

                              By:  /s/  Konard  Ackerman
                              Name:  Konard  Ackerman
                              Title:11903-00011/845991.2
                                                                   EXHIBIT 10.43

<PAGE>
THIS  NOTE  HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE  "ACT"),  OR  APPLICABLE  STATE  SECURITIES  LAWS,  AND  MAY  NOT  BE SOLD,
TRANSFERRED,  PLEDGED  OR  HYPOTHECATED  IN  THE ABSENCE OF SUCH REGISTRATION OR
RECEIPT BY THE MAKER OF AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE REASONABLY
ACCEPTABLE  TO  THE  MAKER)  IN  THE  FORM,  SUBSTANCE  AND  SCOPE  REASONABLY
SATISFACTORY  TO THE MAKER THAT THIS NOTE MAY BE SOLD, TRANSFERRED, HYPOTHECATED
OR OTHERWISE DISPOSED OF, UNDER AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND
SUCH  STATE  SECURITIES  LAWS.

                            THE AMANDA COMPANY, INC.
                           Convertible Promissory Note
                              due November 26, 2004

No.  CN-2                                                            $200,000.00
Dated:  November  26,  2001

     For  value  received,  THE  AMANDA  COMPANY,  INC., a Utah corporation (the
"Maker"), hereby promises to pay to the order of STONESTREET LIMITED PARTNERSHIP
     -
(together  with  its  successors,  representatives,  and  permitted assigns, the
"Holder"),  in  accordance  with  the  terms hereinafter provided, the principal
     --
amount  of  two  hundred  thousand Dollars ($200,000.00), together with interest
thereon.
All  payments  under  or  pursuant  to  this Note shall be made in United States
Dollars  in  immediately  available  funds  to  the Holder at the address of the
Holder  first set forth above or at such other place as the Holder may designate
from  time  to  time in writing to the Maker or by wire transfer of funds to the
Holder's  account, instructions for which are attached hereto as Exhibit A.  The
                                                                 ---------
outstanding  principal balance of this Note shall be due and payable on November
26,  2004 (the "Maturity Date") or at such earlier time as provided herein. This
                -------------
Note  may  not  be  prepaid  by  the  Maker.

     Purchase  Agreement.  This Note has been executed and delivered pursuant to
the  Convertible  Note  Purchase  Agreement,  dated as of November 26, 2001 (the
"Purchase Agreement"), by and among the Maker and the Holder.  Capitalized terms
used and not otherwise defined herein shall have the meanings set forth for such
terms  in  the  Purchase  Agreement.
-Interest.  Beginning  on  the date hereof, the outstanding principal balance of
this  Note  shall  bear interest, in arrears, at a rate per annum equal to eight
percent  (8%), payable quarterly unless earlier converted or prepaid as provided
herein.  Interest  shall  be  computed  on the basis of a 360-day year of twelve
(12) 30-day months and shall accrue commencing on the issuance date of this Note
(the  "Issuance  Date").  The  interest  shall  be payable, at the option of the
Holder,  in cash or shares of the Maker's common stock, par value $.01 per share
(the  "Common  Stock");  provided,  that  if  the  Holder  elects to receive any
interest  in  Common  Stock,  the Maker shall issue to the Holder registered and
freely tradable shares of Common Stock.  The number of shares of Common Stock to
be  issued  as  payment  of  accrued  and unpaid interest shall be determined by
dividing  (a)  the  total  amount of accrued and unpaid interest to be converted
into  Common  Stock by the lesser of (i) $.02 and (ii) an amount equal to 70% of
the average Per Share Market Value (as defined in Section 3.2(b) hereof) for the
three (3) Trading Days (as defined in Section 4.13 hereof) having the lowest Per
Share  Market  Value  during  the thirty (30) Trading Days prior to the date the
interest  payment  is  due.  Furthermore,  upon  the  occurrence  of an Event of
Default (as defined in Section 2.1 hereof), then to the extent permitted by law,
the Maker will pay interest to the Holder, payable on demand, on the outstanding
principal  balance  of  the  Note  from  the  date of the Event of Default until
payment  in  full  at  the  rate  of  fifteen  percent  (15%)  per  annum.
Payment on Non-Business Days.  Whenever any payment to be made shall be due on a
Saturday,  Sunday  or  a public holiday under the laws of the State of New York,
such  payment  may  be  due  on  the  next succeeding business day and such next
succeeding  day  shall  be  included in the calculation of the amount of accrued
interest  payable  on  such  date.
-Transfer.  This  Note  may be transferred or sold, subject to the provisions of
Section  4.5  of  this  Note,  or  pledged, hypothecated or otherwise granted as
security  by  the  Holder.
-Replacement.  Upon  receipt of a duly executed, notarized and unsecured written
statement from the Holder with respect to the loss, theft or destruction of this
Note  (or  any  replacement  hereof), and without requiring an indemnity bond or
other security, or, in the case of a mutilation of this Note, upon surrender and
cancellation  of  such Note, the Maker shall issue a new Note, of like tenor and
amount,  in  lieu  of  such  lost,  stolen,  destroyed  or  mutilated  Note.

EVENTS  OF  DEFAULT;  REMEDIES
     -Events of Default.  The occurrence of any of the following events shall be
an  "Event  of  Default"  under  this  Note:
     the  Maker  shall  fail  to  make  the  payment  of any amount of principal
outstanding  on  the  date  such  payment  is  due  hereunder;  or
the  Maker  shall  fail to make any payment of interest for a period of five (5)
days  after  the  date  such  interest  is  due;  or
the  failure  of  the  Registration  Statement  to  be declared effective by the
Securities  and Exchange Commission ("SEC") on or prior to the date which is one
hundred  twenty (120) days after the Filing Date (as defined in the Registration
Rights  Agreement);  or
the  suspension  from listing or the failure of the Common Stock to be listed on
the  OTC  Bulletin  Board  for a period of five (5) consecutive Trading Days; or
the  Maker's  notice  to the Holder, including by way of public announcement, at
any time, of its inability to comply (including for any of the reasons described
in  Section  3.8(a)  hereof) or its intention not to comply with proper requests
for  conversion  of  this  Note  into  shares  of  Common  Stock;  or
the  Maker  shall  fail  to  (i) timely delivery the shares of Common Stock upon
conversion  of the Note or any interest accrued and unpaid, (ii) timely file the
Registration  Statement  (as  defined  in  the Registration Rights Agreement) or
(iii)  make  the  payment of any fees and/or liquidated damages under this Note,
the  Purchase  Agreement  or the Registration Rights Agreement, which failure in
the  case  of  items (i) and (iii) of this Section 2.1(f) is not remedied within
seven  (7)  business  days  after  the  incurrence  thereof;  or
while the Registration Statement is required to be maintained effective pursuant
to  the  terms  of  the  Registration Rights Agreement, the effectiveness of the
Registration Statement lapses for any reason (including, without limitation, the
issuance  of  a  stop  order)  or  is  unavailable to the Holder for sale of the
Registrable  Securities  (as  defined  in  the Registration Rights Agreement) in
accordance  with  the terms of the Registration Rights Agreement, and such lapse
or  unavailability  continues for a period of ten (10) consecutive Trading Days,
provided  that  the  cause of such lapse or unavailability is not due to factors
 solely  within  the  control  of  Holder;  or
 default  shall  be made  in  the performance or observance of (i) any covenant,
condition or agreement contained in this Note (other than as set forth in clause
(f)  of  this  Section 2.1) and such default is not fully cured within three (3)
business  days  after  the  occurrence  thereof  or  (ii) any material covenant,
condition  or  agreement contained in the Purchase Agreement or the Registration
Rights  Agreement  which  is not covered by any other provisions of this Section
2.1 and such default is not fully cured within seven (7) business days after the
occurrence  thereof;  or
any  material  representation  or  warranty  made  by the Maker herein or in the
Purchase Agreement or the Registration Rights Agreement shall prove to have been
false  or  incorrect  or  breached in a material respect on the date as of which
made;  or
the Maker shall issue any debt securities which are not subordinate to this Note
on  such terms as are acceptable to the Holders of a majority of the outstanding
principal  amount  of this Note and the other Notes purchased under the Purchase
Agreement;  or
the  consummation  of  any of the following transactions: (i) the consolidation,
merger  or  other  business  combination  of  the Maker with or into a person or
entity  (other  than  (A) pursuant to a migratory merger effected solely for the
purpose  of  changing  the  jurisdiction  of incorporation of the Maker or (B) a
consolidation,  merger  or  other  business  combination in which holders of the
Maker's  voting  power  immediately  prior to the transaction continue after the
transaction  to  hold, directly or indirectly, the voting power of the surviving
entity  or entities necessary to elect a majority of the members of the board of
directors  (or  their  equivalent if other than a corporation) of such entity or
entities),  except  if  in  the case of a consolidation merger or other business
combination  of  the  Maker, the Maker shall have given the Holder not less than
fifteen  (15)  business  days  prior  written  notice  thereof (the "Transaction
                                                                     -----------
Notice") and shall have furnished the Holder with such information regarding the
consolidation,  merger  or  other  business  combination  (including,  without
limitation,  the counterparties thereto) as the Holder may reasonably request in
order  for  the  Holder  to  determine if it will exercise its conversion rights
hereunder  prior  to  the  consummation  of  such consolidation, merger or other
business  combination;  (ii) the sale or transfer of all or substantially all of
the  Maker's assets; or (iii) the consummation of a purchase, tender or exchange
offer  made  to the holders of more than 30% of the outstanding shares of Common
Stock.
the  Maker  shall  (i)  default  in  any payment of any amount or amounts (x) of
principal  of  or  interest  on  any  Indebtedness  (other than the Indebtedness
hereunder)  the aggregate principal amount of which Indebtedness is in excess of
$75,000  or (ii) default in the observance or performance of any other agreement
or  condition  relating  to  any  Indebtedness or contained in any instrument or
agreement  evidencing,  securing  or  relating thereto, or any other event shall
occur  or  condition  exist,  the  effect  of  which  default  or other event or
condition  is  to  cause,  or  to permit the holder or holders or beneficiary or
beneficiaries  of  such  Indebtedness  to  cause  with  the  giving of notice if
required,  such  Indebtedness  to  become  due  prior to its stated maturity; or
the Maker shall (i) apply for or consent to the appointment of, or the taking of
possession  by, a receiver, custodian, trustee or liquidator of itself or of all
or  a substantial part of its property or assets, (ii) make a general assignment
for  the  benefit  of  its  creditors, (iii) commence a voluntary case under the
United  States  Bankruptcy  Code  (as  now  or hereafter in effect) or under the
comparable  laws of any jurisdiction (foreign or domestic), (iv) file a petition
seeking  to  take  advantage  of  any  bankruptcy,  insolvency,  moratorium,
reorganization  or  other  similar  law  affecting the enforcement of creditors'
rights  generally,  (v) acquiesce in writing to any petition filed against it in
an  involuntary case under United States Bankruptcy Code (as now or hereafter in
effect)  or under the comparable laws of any jurisdiction (foreign or domestic),
or (vi) take any action under the laws of any jurisdiction (foreign or domestic)
analogous  to  any  of  the  foregoing;  or
a  proceeding  or  case  shall be commenced in respect of the Maker, without its
application  or consent, in any court of competent jurisdiction, seeking (i) the
liquidation, reorganization, moratorium, dissolution, winding up, or composition
or  readjustment  of  its  debts,  (ii)  the appointment of a trustee, receiver,
custodian, liquidator or the like of it or of all or any substantial part of its
assets in connection with the liquidation or dissolution of the Company or (iii)
similar  relief  in  respect  of  it  under  any law providing for the relief of
debtors,  and  such  proceeding  or  case described in clause (i), (ii) or (iii)
shall  continue  undismissed,  or  unstayed and in effect, for a period of sixty
(60)  days or any order for relief shall be entered in an involuntary case under
United  States  Bankruptcy  Code  (as  now  or hereafter in effect) or under the
comparable  laws  of any jurisdiction (foreign or domestic) against the Maker or
action under the laws of any jurisdiction (foreign or domestic) analogous to any
of  the  foregoing  shall  be taken with respect to the Maker and shall continue
undismissed,  or  unstayed  and  in  effect  for  a  period  of sixty (60) days.
     -
Remedies  Upon  An Event of Default.  If an Event of Default shall have occurred
and  shall  be continuing, the Holder of this Note may at any time at its option
(a)  declare the entire unpaid principal balance of this Note, together with all
interest  accrued  hereon,  due  and  payable,  and thereupon, the same shall be
accelerated  and  so  due  and payable, without presentment, demand, protest, or
notice, all of which are hereby expressly unconditionally and irrevocably waived
by the Maker; provided, however, that upon the occurrence of an Event of Default
described in (i) Sections 2.1 (l), (m) or (n), the outstanding principal balance
and  accrued  interest hereunder shall be automatically due and payable and (ii)
Sections 2.1 (c)-(k), demand the prepayment of this Note pursuant to Section 3.7
hereof,  (b)  demand that the principal amount of this Note then outstanding and
all accrued and unpaid interest thereon shall be converted into shares of Common
Stock  at a conversion price per share calculated pursuant to Section 3.1 hereof
assuming  that  the date that the Event of Default occurs is the Conversion Date
(as defined in Section 3.1 hereof), or (c) exercise or otherwise enforce any one
or more of the Holder's rights, powers, privileges, remedies and interests under
this  Note,  the  Purchase  Agreement,  the  Registration  Rights  Agreement  or
applicable law.  No course of delay on the part of the Holder shall operate as a
waiver  thereof  or  otherwise  prejudice  the  right  of the Holder.  No remedy
conferred  hereby  shall  be exclusive of any other remedy referred to herein or
now  or  hereafter  available  at  law,  in  equity,  by  statute  or otherwise.

-CONVERSION;  ANTIDILUTION;  PREPAYMENT
     -Conversion  Option.  At  any time on or after November 26, 2001, this Note
shall  be  convertible  (in  whole or in part), at the option of the Holder (the
"Conversion  Option"),  into such number of fully paid and non-assessable shares
of  Common  Stock  (the "Conversion Rate") as is determined by dividing (x) that
portion  of  the  outstanding principal balance plus accrued and unpaid interest
under  the  Note  as  of  such date that the Holder elects to convert by (y) the
Conversion  Price  (as  hereinafter defined) then in effect on the date on which
the  Holder  faxes  a  notice  of  conversion  (the  "Conversion  Notice"), duly
executed,  to  the  Maker  (facsimile number (949) 859-4380, Attn.: Jose Candia,
Chief  Executive  Officer)  (the "Conversion Date"), provided, however, that the
Conversion  Price  shall  be  subject  to adjustment as described in Section 3.6
below.
Conversion  Price.
     (a)     The  term "Conversion Price" shall mean the lesser of (A) $.02 (the
                        ----------------
"Fixed  Conversion  Price")  and (B) an amount equal to seventy percent (70%) of
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the  average  Per  Share  Market Value for the three (3) Trading Days having the
 -
lowest  Per  Share Market Value during the thirty (30) Trading Days prior to the
Conversion  Date,  except  that  if  during any period (a "Black-out Period"), a
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Holder is unable to trade any Common Stock issued or issuable upon conversion of
the  Notes  immediately due to the postponement of filing or delay or suspension
of  effectiveness of a registration statement or because the Maker has otherwise
informed  such Holder that an existing prospectus cannot be used at that time in
the sale or transfer of such Common Stock, such Holder shall have the option but
not the obligation on any Conversion Date within ten (10) Trading Days following
the  expiration of the Black-out Period of using the Conversion Price applicable
on  such  Conversion  Date  or any Conversion Price selected by such Holder that
would  have  been  applicable  had such Conversion Date been at any earlier time
during  the  Black-out  Period  or  within the ten (10) Trading Days thereafter.

     (b)     The  term "Per Share Market Value" means on any particular date (a)
                        ----------------------
the  closing  bid  price  of  the  Common Stock on such date on the OTC Bulletin
Board,  The  Nasdaq  Small-Cap  Market,  the  Nasdaq  National  Market  or other
registered  national  stock exchange on which the Common Stock is then listed or
if  there  is  no  such  price  on such date, then the closing bid price on such
exchange  or quotation system on the date nearest preceding such date, or (b) if
the  Common  Stock is not listed then on The Nasdaq Small-Cap Market, the Nasdaq
National Market or any registered national stock exchange, the closing bid price
for  a  share  of  Common  Stock  in the over-the-counter market, as reported by
NASDAQ  or in the National Quotation Bureau Incorporated or similar organization
or  agency  succeeding  to  its  functions  of reporting prices) at the close of
business  on  such date, then the average of the three (3) lowest closing bid or
closing  prices,  if  applicable,  of  the  "Pink Sheet" quotes for the relevant
                                             ----------
thirty  (30)  day  trading conversion period, as determined in good faith by the
Holder,  or  (d) if the Common Stock is not then publicly traded the fair market
value  of  a share of Common Stock as determined by an Independent Appraiser (as
defined  in  Section  4.13  hereof)  selected  in good faith by the Holders of a
majority  in  interest  of  the  Notes; provided, however, that the Maker, after
                                        --------  -------
receipt of the determination by such Independent Appraiser, shall have the right
to  select  an  additional Independent Appraiser, in which case, the fair market
value  shall  be  equal  to  the  average  of  the  determinations  by each such
Independent  Appraiser; and provided, further that all determinations of the Per
                            --------  -------
Share  Market  Value  shall  be  appropriately adjusted for any stock dividends,
stock  splits  or  other  similar  transactions  during  such  period.  The
determination  of  fair  market value by an Independent Appraiser shall be based
upon  the fair market value of the Issuer determined on a going concern basis as
between  a  willing  buyer  and  a  willing  seller  and taking into account all
relevant  factors  determinative of value, and shall be final and binding on all
parties.  In determining the fair market value of any shares of Common Stock, no
consideration shall be given to any restrictions on transfer of the Common Stock
imposed by agreement or by federal or state securities laws, or to the existence
or  absence  of,  or  any  limitations  on,  voting  rights.

Mechanics  of  Conversion.

Not  later  than five (5) Trading Days after any Conversion Date, the Maker will
deliver  to  the  applicable  Holder  by  express  courier  (A) a certificate or
certificates which shall be free of restrictive legends and trading restrictions
(other  than  those  required  by  Section  5.1  of  the  Purchase  Agreement)
                                   ------------
representing  the  number  of  shares  of  Common  Stock being acquired upon the
conversion of the Notes and (B) one or more certificates representing the amount
of  Notes  not  converted.  If  in  the  case  of  any  Conversion  Notice  such
certificate  or  certificates  are  not  delivered  to  or  as  directed  by the
applicable  Holder  by  the  third  Trading  Day  after the Conversion Date (the
"Delivery Date"), the Holder shall be entitled by written notice to the Maker at
      --------
any  time  on  or  before  its  receipt  of  such  certificate  or  certificates
thereafter,  to  rescind  such  conversion,  in  which  event  the  Maker  shall
immediately  return  the  certificates  representing  the  Notes  tendered  for
conversion,  whereupon  the Maker and the Holder shall each be restored to their
respective  positions  immediately  prior  to  the  delivery  of  such notice of
revocation,  except  that any amounts described in Sections 3.3(b) and (c) shall
be  payable  through  the  date  notice  of  rescission  is  given to the Maker.
The Maker understands that a delay in the delivery of the shares of Common Stock
upon  conversion  of  the Notes and failure to deliver certificates representing
the  unconverted  shares  of  the Notes beyond the Delivery Date could result in
economic  loss  to the Holder.  If the Maker fails to deliver to the Holder such
certificate  or  certificates pursuant to this Section hereunder by the Delivery
Date, the Maker shall pay to such Holder, in cash, an amount per Trading Day for
each  Trading  Day until such certificates are delivered, together with interest
on  such  amount  at a rate of 10% per annum, accruing until such amount and any
accrued  interest  thereon  is  paid  in  full, equal to (i) 1% of the aggregate
principal  amount  of the Notes requested to be converted for the first five (5)
Trading  Days  after  the  Delivery  Date and (ii) 2% of the aggregate principal
amount  of  the  Notes requested to be converted for each Trading Day thereafter
(which  amounts  shall  be  paid  as  liquidated  damages and not as a penalty).
Nothing  herein  shall  limit  a Holder's right to pursue actual damages for the
Maker's failure to deliver certificates representing shares of Common Stock upon
conversion  within  the  period specified herein (including, without limitation,
damages  relating  to  any  purchase of shares of Common Stock by such Holder to
make  delivery  on  a  sale  effected  in anticipation of receiving certificates
representing  shares  of  Common Stock upon conversion, such damages to be in an
amount  equal  to (A) the aggregate amount paid by such Holder for the shares of
Common  Stock  so  purchased  minus (B) the aggregate amount of net proceeds, if
any,  received by such Holder from the sale of the shares of Common Stock issued
by  the Maker pursuant to such conversion), and such Holder shall have the right
to  pursue  all remedies available to it at law or in equity (including, without
limitation,  a  decree  of  specific  performance  and/or  injunctive  relief).
Notwithstanding  anything  to the contrary contained herein, the Holder shall be
entitled  to  withdraw  a  Conversion Notice, and upon such withdrawal the Maker
shall only be obligated to pay the liquidated damages accrued in accordance with
this  Section  3.3(b)  through  the  date  the  Conversion  Notice is withdrawn.
In  addition  to any other rights available to the Holder, if the Maker fails to
deliver  to  the  Holder  such  certificate  or certificates pursuant to Section
3.3(a)  by the Delivery Date and if after the Delivery Date the Holder purchases
(in  an  open market transaction or otherwise) shares of Common Stock to deliver
in  satisfaction  of  a  sale  by such Holder of the Conversion Shares which the
Holder  anticipated  receiving upon such conversion (a "Buy-In"), then the Maker
                                                        ------
shall  pay  in  cash  to the Holder (in addition to any remedies available to or
elected by the Holder) the amount by which (A) the Holder's total purchase price
(including  brokerage  commissions,  if  any)  for the shares of Common Stock so
purchased exceeds (B) the aggregate principal amount of the Notes for which such
conversion  was  not timely honored, together with interest thereon at a rate of
15%  per  annum,  accruing until such amount and any accrued interest thereon is
paid  in  full  (which  amount  shall be paid as liquidated damages and not as a
penalty).  For  example, if the Holder purchases shares of Common Stock having a
total  purchase  price of $11,000 to cover a Buy-In with respect to an attempted
conversion  of  $10,000 aggregate principal amount of the Notes, the Maker shall
be  required  to pay the Holder $1,000, plus interest.  The Holder shall provide
the Maker written notice indicating the amounts payable to the Holder in respect
of  the  Buy-In.

Ownership  Cap.  Notwithstanding anything to the contrary set forth in Section 3
of  this  Note,  at  no  time may a holder of this Note convert this Note if the
number  of shares of Common Stock to be issued pursuant to such conversion would
exceed,  when  aggregated  with  all  other shares of Common Stock owned by such
holder  at such time, the number of shares of Common Stock which would result in
such  holder  owning  more  than 9.99% of all of the Common Stock outstanding at
such  time;  provided,  however,  that  upon a holder of this Note providing the
Company  with  75  days  notice  (pursuant  to  Section 4.1 hereof) (the "Waiver
Notice")  that  such  holder would like to waive this Section 3.4 with regard to
any  or  all  shares of Common Stock issuable upon conversion of this Note, this
Section 3.4 will be of no force or effect with regard to all or a portion of the
Note  referenced  in  the  Waiver  Notice.

Intentionally  Omitted.
-Adjustment  of  Conversion  Price.
The  Fixed  Conversion Price shall be subject to adjustment from time to time as
follows:
Adjustments  for  Stock Splits and Combinations.  If the Maker shall at any time
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or  from  time  to  time  after  the  Issuance Date, effect a stock split of the
outstanding  Common  Stock,  the  applicable  Fixed  Conversion  Price in effect
immediately prior to the stock split shall be proportionately decreased.  If the
Maker  shall  at  any time or from time to time after the Issuance Date, combine
the outstanding shares of Common Stock, the applicable Fixed Conversion Price in
effect  immediately prior to the combination shall be proportionately increased.
Any  adjustments under this Section 3.6(a)(i) shall be effective at the close of
business  on  the  date  the  stock  split  or  combination  occurs.
     (ii)     Adjustments for Certain Dividends and Distributions.  If the Maker
              ---------------------------------------------------
shall at any time or from time to time after the Issuance Date, make or issue or
set  a  record date for the determination of holders of Common Stock entitled to
receive  a  dividend  or  other  distribution payable in shares of Common Stock,
then,  and  in  each  event,  the  applicable  Fixed  Conversion Price in effect
immediately  prior  to  such  event  shall  be  decreased as of the time of such
issuance  or,  in  the  event  such record date shall have been fixed, as of the
close  of  business  on  such  record  date,  by multiplying, as applicable, the
applicable  Fixed  Conversion  Price  then  in  effect  by  a  fraction:
     (1)     the  numerator  of  which  shall  be  the total number of shares of
Common  Stock  issued  and  outstanding  immediately  prior  to the time of such
issuance  or  the  close  of  business  on  such  record  date;  and
     (2)     the  denominator  of  which  shall be the total number of shares of
Common  Stock  issued  and  outstanding  immediately  prior  to the time of such
issuance  or the close of business on such record date plus the number of shares
of  Common  Stock  issuable  in  payment  of  such  dividend  or  distribution.
     (iii)     Adjustment  for  Other Dividends and Distributions.  If the Maker
               --------------------------------------------------
shall at any time or from time to time after the Issuance Date, make or issue or
set  a  record date for the determination of holders of Common Stock entitled to
receive  a dividend or other distribution payable in other than shares of Common
Stock,  then, and in each event, an appropriate revision to the applicable Fixed
Conversion  Price  shall  be made and provision shall be made (by adjustments of
the  Conversion  Price  or  otherwise)  so  that  the holders of the Notes shall
receive  upon conversions thereof, in addition to the number of shares of Common
Stock receivable thereon, the number of securities of the Maker which they would
have  received  had  their Notes been converted into Common Stock on the date of
such  event and had thereafter, during the period from the date of such event to
and  including  the Conversion Date, retained such securities (together with any
distributions  payable  thereon  during  such period), giving application to all
adjustments  called  for  during such period under this Section 3.6(a)(iii) with
respect  to  the  rights  of  the  holders  of  the  Notes.
     (iv)     Adjustments  for  Reclassification,  Exchange or Substitution.  If
              -------------------------------------------------------------
the  Common Stock issuable upon conversion of the Notes at any time or from time
to time after the Issuance Date shall be changed to the same or different number
of  shares  of  any  class  or  classes  of  stock, whether by reclassification,
exchange,  substitution  or  otherwise  (other  than  by way of a stock split or
combination  of  shares  or  stock dividends provided for in Sections 3.6(a)(i),
(ii)  and  (iii),  or a reorganization, merger, consolidation, or sale of assets
provided  for  in  Section  3.6(a)(v)),  then, and in each event, an appropriate
revision  to  the  Fixed  Conversion Price shall be made and provisions shall be
made (by adjustments of the Conversion Price or otherwise) so that the holder of
each  of the Notes shall have the right thereafter to convert such Note into the
kind  and  amount  of  shares  of  stock  and  other  securities receivable upon
reclassification,  exchange,  substitution  or  other  change, by holders of the
number  of shares of Common Stock into which such Note might have been converted
immediately  prior  to  such  reclassification,  exchange, substitution or other
change,  all  subject  to  further  adjustment  as  provided  herein.
     (v)     Adjustments  for  Reorganization, Merger, Consolidation or Sales of
             -------------------------------------------------------------------
Assets.  If at any time or from time to time after the Issuance Date there shall
be  a capital reorganization of the Maker (other than by way of a stock split or
combination  of  shares  or  stock  dividends  or  distributions provided for in
Section  3.6(a)(i),  (ii)  and  (iii),  or  a  reclassification,  exchange  or
substitution  of  shares  provided  for  in  Section 3.6(a)(iv)), or a merger or
consolidation  of the Maker with or into another corporation, or the sale of all
or substantially all of the Maker's properties or assets to any other person (an
"Organic Change"), then as a part of such Organic Change an appropriate revision
 --------------
to  the  Conversion  Price  shall  be  made  and  provision  shall  be  made (by
adjustments  of  the  Conversion  Price or otherwise) so that the holder of each
Note  shall  have  the  right  thereafter to convert such Note into the kind and
amount  of  shares of stock and other securities or property of the Maker or any
successor  corporation  resulting  from  Organic  Change.  In  any  such  case,
appropriate  adjustment  shall  be  made in the application of the provisions of
this  Section  3.6(a)(v)  with respect to the rights of the holders of the Notes
after  the  Organic  Change  to  the  end  that  the  provisions of this Section
3.6(a)(v)  (including  any adjustment in the applicable Conversion Price then in
effect  and  the  number of shares of stock or other securities deliverable upon
conversion  of  the  Notes)  shall  be  applied after that event in as nearly an
equivalent  manner  as  may  be  practicable.
(vi)     Adjustments  for Issuance of Additional Shares of Common Stock.  If the
         ---------------------------------------------------------------
Maker, at any time after the Issuance Date, shall issue any additional shares of
Common  Stock  (otherwise  than  as  provided  in  the foregoing subsections (i)
through (v) of this Section 3.6) (the "Additional Shares of Common Stock"), at a
                                       ---------------------------------
price  per  share less than the applicable Fixed Conversion Price then in effect
or  without  consideration, then the applicable Fixed Conversion Price upon each
such  issuance  shall  be  adjusted  to that price (rounded to the nearest cent)
determined  by  multiplying the applicable Fixed Conversion Price then in effect
by  a  fraction:
     (1)     the  numerator of which shall be equal to the sum of (A) the number
of  shares of Common Stock outstanding immediately prior to the issuance of such
Additional  Shares of Common Stock plus (B) the number of shares of Common Stock
(rounded  to  the nearest whole share) which the aggregate consideration for the
total  number of such Additional Shares of Common Stock so issued would purchase
at  a  price  per  share  equal to the applicable Fixed Conversion Price then in
effect,  and
(2)     the  denominator  of  which  shall  be  equal to the number of shares of
Common  Stock  outstanding  immediately  after  the  issuance of such Additional
Shares  of  Common  Stock.
The  provisions  of  this  subsection  (vi)  shall  not  apply  under any of the
circumstances  for  which  an  adjustment  is provided in subsections (i), (ii),
(iii),  (iv)  or  (v)  of  this Section 3.6(a).  No adjustment of the applicable
Fixed  Conversion  Price  shall  be  made under this subsection (a)(iv) upon the
issuance  of  any Additional Shares of Common Stock which are issued pursuant to
any  Common  Stock  Equivalent  (as  defined below) if upon the issuance of such
Common  Stock  Equivalent  (x)  any  adjustment shall have been made pursuant to
subsection  (vii)  of  this  Section  3.6(a)  or  (y) no adjustment was required
pursuant  to  subsection  (vii)  of  this  Section 3.6(a).  No adjustment of the
applicable Fixed Conversion Price shall be made under this subsection (vi) in an
amount  less  than  $.005  per  share,  but  any such lesser adjustment shall be
carried  forward  and  shall  be  made  at  the  time and together with the next
subsequent  adjustment,  if  any, which together with any adjustments so carried
forward  shall  amount  to  $.005  per  share  or  more;  provided that upon any
                                                          --------
adjustment  of the applicable Fixed Conversion Price as a result of any dividend
or  distribution  payable  in Common Stock or Convertible Securities (as defined
below)  or the reclassification, subdivision or combination of Common Stock into
a  greater  or smaller number of shares, the foregoing figure of $.005 per share
(or  such  figure  as  last adjusted) shall be adjusted (to the nearest one-half
cent)  in proportion to the adjustment in the applicable Fixed Conversion Price.
     (vii)     Issuance  of Common Stock Equivalents.  If the Maker, at any time
               -------------------------------------
after  the  Issuance  Date,  shall  issue  any  securities  convertible  into or
exchangeable  for,  directly  or  indirectly,  Common  Stock  ("Convertible
                                                                -----------
Securities"),  other  than  this  Note,  or any rights or warrants or options to
purchase  any  such  Common  Stock or Convertible Securities, shall be issued or
sold  (collectively, the "Common Stock Equivalents") and the price per share for
                          ------------------------
which  Additional  Shares of Common Stock may be issuable thereafter pursuant to
such  Common Stock Equivalent shall be less than the applicable Fixed Conversion
Price  then  in  effect,  or  if,  after  any  such  issuance  of  Common  Stock
Equivalents, the price per share for which Additional Shares of Common Stock may
be  issuable  thereafter  is  amended  or adjusted, and such price as so amended
shall  be  less than the applicable Fixed Conversion Price in effect at the time
of  such  amendment,  then  the applicable Fixed Conversion Price upon each such
issuance  or  amendment  shall  be adjusted as provided in the first sentence of
subsection  (vi) of this Section 3.6(a) on the basis that (1) the maximum number
of  Additional Shares of Common Stock issuable pursuant to all such Common Stock
Equivalents  shall  be  deemed  to  have been issued (whether or not such Common
Stock  Equivalents are actually then exercisable, convertible or exchangeable in
whole  or  in  part)  as of the earlier of (A) the date on which the Maker shall
enter  into a firm contract for the issuance of such Common Stock Equivalent, or
(B)  the  date  of  actual issuance of such Common Stock Equivalent, and (2) the
aggregate  consideration  for such maximum number of Additional Shares of Common
Stock  shall be deemed to be the minimum consideration received or receivable by
the Maker for the issuance of such Additional Shares of Common Stock pursuant to
such  Common Stock Equivalent.  No adjustment of the applicable Fixed Conversion
Price  shall  be  made  under  this  subsection  (vii)  upon the issuance of any
Convertible Security which is issued pursuant to the exercise of any warrants or
other  subscription  or  purchase  rights  therefor,  if  any  adjustment  shall
previously  have been made to the exercise price of such warrants then in effect
upon  the  issuance of such warrants or other rights pursuant to this subsection
(vii).  If  no  adjustment is required under this subsection (vii) upon issuance
of  any  Common  Stock  Equivalent  or  once  an  adjustment  is made under this
subsection  (vii) based upon the Per Share Market Value in effect on the date of
such adjustment, no further adjustment shall be made under this subsection (vii)
based  solely  upon  a  change  in  the  Per Share Market Value after such date.
(viii)     Consideration  for  Stock.  In case any shares of Common Stock or any
           -------------------------
Common  Stock  Equivalents  shall  be  issued  or  sold:
     (1)     in  connection  with any merger or consolidation in which the Maker
is  the  surviving  corporation (other than any consolidation or merger in which
the  previously outstanding shares of Common Stock of the Maker shall be changed
to  or  exchanged for the stock or other securities of another corporation), the
amount  of  consideration  therefore  shall  be, deemed to be the fair value, as
determined  reasonably and in good faith by the Board of Directors of the Maker,
of  such  portion  of the assets and business of the nonsurviving corporation as
such  Board  may  determine  to  be attributable to such shares of Common Stock,
Convertible  Securities,  rights  or warrants or options, as the case may be; or
(2)     in  the  event  of any consolidation or merger of the Maker in which the
Maker  is  not  the surviving corporation or in which the previously outstanding
shares  of  Common Stock of the Maker shall be changed into or exchanged for the
stock or other securities of another corporation, or in the event of any sale of
all  or  substantially  all  of  the  assets  of  the  Maker  for stock or other
securities of any corporation, the Maker shall be deemed to have issued a number
of  shares  of its Common Stock for stock or securities or other property of the
other  corporation  computed  on the basis of the actual exchange ratio on which
the transaction was predicated, and for a consideration equal to the fair market
value  on  the date of such transaction of all such stock or securities or other
property  of  the  other  corporation.  If  any  such  calculation  results  in
adjustment  of the applicable Fixed Conversion Price, or the number of shares of
Common  Stock  issuable  upon  conversion of the Notes, the determination of the
applicable  Fixed  Conversion  Price  or  the  number  of shares of Common Stock
issuable  upon  conversion  of  the  Notes  immediately  prior  to  such merger,
consolidation  or  sale, shall be made after giving effect to such adjustment of
the  number  of  shares  of  Common Stock issuable upon conversion of the Notes.
     (b)     Record Date.  In case the Maker shall take record of the holders of
             -----------
its  Common Stock for the purpose of entitling them to subscribe for or purchase
Common  Stock  or  Convertible Securities, then the date of the issue or sale of
the  shares  of  Common  Stock  shall  be  deemed  to  be  such  record  date.
     (c)     Certain  Issues  Excepted.  Anything  herein  to  the contrary
             -------------------------
notwithstanding,  the  Maker shall not be required to make any adjustment of the
number  of shares of Common Stock issuable upon conversion of the Notes upon the
grant  after  the  Issuance Date of, or the exercise after the Issuance Date of,
options or warrants or rights to purchase stock under the Maker's existing stock
option  plan  or  options  or  warrants  or  rights  to purchase stock issued to
officers  and/or  directors  of  the  Company.

     (d)     No  Impairment.  The  Maker  shall  not,  by  amendment of its
             --------------
Certificate  of Incorporation or through any reorganization, transfer of assets,
consolidation,  merger,  dissolution,  issue  or sale of securities or any other
voluntary action, avoid or seek to avoid the observance or performance of any of
the  terms  to  be observed or performed hereunder by the Maker, but will at all
times  in  good  faith, assist in the carrying out of all the provisions of this
Section  3.6  and  in  the  taking  of  all  such  action as may be necessary or
appropriate  in  order  to  protect  the Conversion Rights of the Holder against
impairment.  In  the event a Holder shall elect to convert any Notes as provided
herein,  the  Maker cannot refuse conversion based on any claim that such Holder
or  any  one  associated  or affiliated with such Holder has been engaged in any
violation  of  law, violation of an agreement to which such Holder is a party or
for  any  reason  whatsoever,  unless,  an  injunction  from a court, on notice,
restraining  and or adjoining conversion of all or of said Notes shall have been
issued  and  the  Maker posts a surety bond for the benefit of such Holder in an
amount  equal  to  130%  of  the  amount  of the Notes the Holder has elected to
convert  plus  the  amount  of the Notes outstanding, which bond shall remain in
effect  until  the  completion  of arbitration/litigation of the dispute and the
proceeds  of  which  shall  be  payable  to  such Holder in the event it obtains
judgment.

     (e)   Certificates as to Adjustments. Upon occurrence of each adjustment or
           --------------------------------
readjustment  of  the Fixed Conversion Price or number of shares of Common Stock
issuable upon conversion of this Note pursuant to this Section 3.6, the Maker at
its expense shall promptly compute such adjustment or readjustment in accordance
with the terms hereof and furnish to the Holder a certificate setting forth such
adjustment  and  readjustment,  showing  in  detail  the  facts  upon which such
adjustment  or  readjustment is based.  The Maker shall, upon written request of
the  Holder, at any time, furnish or cause to be furnished to such holder a like
certificate  setting  forth  such  adjustments and readjustments, the applicable
Fixed Conversion Price in effect at the time, and the number of shares of Common
Stock  and the amount, if any, of other securities or property which at the time
would  be  received  upon  the  conversion  of  this  Note.  Notwithstanding the
foregoing, the Maker shall not be obligated to deliver a certificate unless such
certificate  would  reflect an increase or decrease of at least one percent (1%)
of  such  adjusted  amount.
     (f)    Issue  Taxes. The Maker shall pay any and all issue and other taxes,
            ------------
excluding  federal,  state or local income taxes, that may be payable in respect
of  any  issue  or delivery of shares of Common Stock on conversion of this Note
pursuant  thereto;  provided,  however, that the Maker shall not be obligated to
                    --------   -------
pay  any  transfer  taxes resulting from any transfer requested by any holder in
connection  with  any  such  conversion.
     (g) Fractional Shares. No fractional shares of 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  Maker  shall pay cash equal to the
product  of  such  fraction  multiplied  by  the average of the Per Share Market
Values of the Common Stock for the five (5) consecutive Trading Days immediately
preceding  the  Conversion  Date.
     (h)    Reservation of Common  Stock. The Maker shall at all times when this
         ------------------------------
Note  shall be outstanding, reserve and keep available out of its authorized but
unissued  Common  Stock, such number of share of Common Stock as shall from time
to  time  be  sufficient  to effect the conversion of this Note and all interest
accrued  thereon; provided that the number of shares of Common Stock so reserved
                  --------
shall  at  no time be less than 150% of the number of shares of Common Stock for
which  this  Note  and all interest accrued thereon are at any time convertible.
The  Maker  shall,  from  time  to  time in accordance with the Delaware General
Corporation  Law, as amended, increase the authorized number of shares of Common
Stock  if  at  any  time  the  unissued number of authorized shares shall not be
sufficient  to  satisfy  the  Maker's  obligations  under  this  Section 3.6(h).
     (i)     -Regulatory  Compliance.  If  any  shares  of  Common  Stock  to be
              ----------------------
reserved  for  the  purpose  of  conversion of this Note or any interest accrued
thereon  require  registration  or  listing with or approval of any governmental
authority,  stock  exchange  or other regulatory body under any federal or state
law  or  regulation  or  otherwise  before  such shares may be validly issued or
delivered  upon  conversion,  the  Maker shall, at its sole cost and expense, in
good  faith  and  as  expeditiously  as  possible,  endeavor  to  secure  such
registration,  listing  or  approval,  as  the  case  may  be.

     Section  3.7     Prepayment.
     (a)     Prepayment  Upon  an Event of Default.  Notwithstanding anything to
             -------------------------------------
the  contrary  contained  herein,  upon  the  occurrence  of an Event of Default
described  in  Sections  2.1(c)-(k)  hereof, the Holder shall have the right, at
such  Holder's  option,  to require the Maker to prepay all or a portion of this
Note  at  a price equal to Prepayment Price (as defined in Section 3.7(c) below)
applicable  at  the  time of such request.  Nothing in this Section 3.7(a) shall
limit  the  Holder's  rights  under  Section  2.2  hereof.
     (b)     Prepayment Option Upon Major Transaction.  In addition to all other
rights  of  the  holders  of  the  Notes contained herein, simultaneous with the
occurrence  of  a Major Transaction (as defined below), each holder of the Notes
shall  have  the  right, at such holder's option, to require the Maker to prepay
all  or  a portion of such holder's Notes at a price equal to the greater of (i)
115%  of the aggregate principal amount of the Notes and (ii) the product of (A)
the  Conversion  Rate  and (B) the Per Share Market Value of the Common Stock on
the Trading Day immediately preceding such Major Transaction ("Major Transaction
Prepayment  Price").
      (c)   Prepayment Option Upon Triggering Event.  In  addition  to all other
rights  of  the  holders of the Notes contained herein, after a Triggering Event
(as  defined  below),  each  holder  of  the Notes shall have the right, at such
holder's  option,  to  require  the  Maker  to  prepay  all or a portion of such
holder's  Notes  at  a  price  equal to the greater of (i) 130% of the aggregate
principal amount of the Notes and (ii) the product of (A) the Conversion Rate at
such  time  and (B) the Per Share Market Value of the Common Stock calculated as
of the date immediately preceding such Triggering Event on which the exchange or
market on which the Common Stock is traded is open ("Triggering Event Prepayment
Price"  and,  collectively  with  "Major  Transaction  Prepayment  Price,"  the
"Prepayment  Price").
     (d)     "Major  Transaction."  A  "Major  Transaction"  shall  be deemed
to have occurred  at  such  time  as  any  of  the  following  events:
       (i)     the consolidation,  merger  or  other business combination of the
Maker  with  or  into  another Person (as defined in Section 4.13 hereof) (other
than  (A)  pursuant  to  a  migratory  merger effected solely for the purpose of
changing  the jurisdiction of incorporation of the Maker or (B) a consolidation,
merger  or  other  business  combination  in which holders of the Maker's voting
power  immediately  prior  to  the transaction continue after the transaction to
hold,  directly  or  indirectly,  the  voting  power  of the surviving entity or
entities  necessary to elect a majority of the members of the board of directors
(or  their  equivalent if other than a corporation) of such entity or entities).
       (ii)     the sale or transfer of all or substantially all of the Maker's
 assets; or
      (iii)    consummation of a purchase, tender  or exchange offer made to the
holders  of  more  than  30%  of  the  outstanding  shares  of  Common  Stock.
     (e)     "Triggering  Event."  A  "Triggering Event" shall be deemed to have
occurred  at  such  time  as  any  of  the  following  events:
     (i)     the  failure of the Registration Statement to be declared effective
by  the  SEC  on  or prior to the date which is 270 days after the Closing Date,
provided  that  the  Maker  has  failed to file the Registration Statement on or
before  the  Filing  Date  (as  defined in the Registration Rights Agreement) or
respond  to  any  and each of the SEC's comments within fifteen (15) days of the
Maker's  receipt  of  each  of  the  SEC's  comments;
(ii)     while the Registration Statement is required to be maintained effective
pursuant to the terms of the Registration Rights Agreement, the effectiveness of
the Registration Statement lapses for any reason (including, without limitation,
the  issuance  of a stop order) or is unavailable to the holder of the Notes for
sale  of  the  Registrable  Securities  (as  defined  in the Registration Rights
Agreement)  in  accordance  with the terms of the Registration Rights Agreement,
and  such lapse or unavailability continues for a period of ten (10) consecutive
Trading  Days, provided that the cause of such lapse or unavailability is due to
               --------
factors within the control of the Maker and not due to factors solely within the
control  of  such  holder  of  the  Notes;
(iii)     the  suspension  from trading or the failure of the Common Stock to be
traded  on  the  OTC  Bulletin  Board for a period of five (5) consecutive days,
provided,  that  such  suspension from listing or failure to be listed is due to
    ----
factors  within the control of the Maker, including, but not limited to, failure
to  timely file all reports required to be filed with the SEC or to meet the net
tangible  assets  requirements  for  listing,  if  any;
(iv)     the  Maker's  notice  to  any  holder of the Notes, including by way of
public  announcement, at any time, of its inability to comply (including for any
of  the  reasons  described  in Section 3.8) or its intention not to comply with
proper  requests for conversion of any of the Notes into shares of Common Stock;
(v)     the  Maker's  failure to comply with a Conversion Notice tendered within
ten  (10)  business days after the receipt by the Maker of the Conversion Notice
and  the  certificates  representing  the  Notes;  or
(vi)     the Maker breaches any representation, warranty, covenant or other term
or condition of the Purchase Agreement, the Registration Rights Agreement or any
other  agreement,  document,  certificate  or  other  instrument  delivered  in
connection  with  the  transactions  contemplated  thereby  or  hereby.
     (f)     Mechanics  of Prepayment at Option of Buyer Upon Major Transaction.
No  sooner  than  fifteen  (15)  days  nor later than ten (10) days prior to the
consummation of a Major Transaction, but not prior to the public announcement of
such  Major  Transaction,  the  Maker  shall  deliver written notice thereof via
facsimile  and  overnight courier ("Notice of Major Transaction") to each holder
of  the  Notes.  At any time after receipt of a Notice of Major Transaction (or,
in  the  event  a Notice of Major Transaction is not delivered at least ten (10)
days  prior  to a Major Transaction, at any time within ten (10) days prior to a
Major  Transaction),  any  holder  of the Notes then outstanding may require the
Maker  to  prepay, effective immediately prior to the consummation of such Major
Transaction,  all  of  the holder's Notes then outstanding by delivering written
notice  thereof  via  facsimile  and overnight courier ("Notice of Prepayment at
Option  of  Buyer  Upon  Major  Transaction")  to  the  Maker,  which  Notice of
Prepayment  at  Option  of  Buyer  Upon Major Transaction shall indicate (i) the
number  of  Notes that such holder is electing to prepay and (ii) the applicable
Major  Transaction  Prepayment  Price,  as calculated pursuant to Section 3.7(b)
above.
(g)     Mechanics  of  Prepayment  at  Option  of  Buyer  Upon Triggering Event.
Within  one  (1) day after the occurrence of a Triggering Event, the Maker shall
deliver  written  notice thereof via facsimile and overnight courier ("Notice of
Triggering  Event")  to each holder of the Notes.  At any time after the earlier
of  a  holder's receipt of a Notice of Triggering Event and such holder becoming
aware  of  a  Triggering  Event,  any  holder  of the Notes then outstanding may
require  the  Maker  to  prepay  all  of  the Notes by delivering written notice
thereof  via facsimile and overnight courier ("Notice of Prepayment at Option of
Buyer Upon Triggering Event") to the Maker, which Notice of Prepayment at Option
of  Buyer Upon Triggering Event shall indicate (i) the number of Notes that such
holder is electing to prepay and (ii) the applicable Triggering Event Prepayment
Price,  as  calculated  pursuant  to  Section  3.7(c)  above.
(h)     Payment of Prepayment Price.  Upon the Maker's receipt of a Notice(s) of
Prepayment at Option of Buyer Upon Triggering Event or a Notice(s) of Prepayment
at  Option  of  Buyer  Upon  Major Transaction from any holder of the Notes, the
Maker  shall  immediately  notify  each  holder of the Notes by facsimile of the
Maker's  receipt  of  such  Notice(s)  of  Prepayment  at  Option  of Buyer Upon
Triggering  Event  or  Notice(s)  of  Prepayment  at  Option of Buyer Upon Major
Transaction  and  each holder which has sent such a notice shall promptly submit
to the Maker such holder's certificates representing the Notes which such holder
has  elected to have prepaid.  The Maker shall deliver the applicable Triggering
Event  Prepayment Price, in the case of a prepayment pursuant to Section 3.7(g),
to  such  holder  within  five  (5) business days after the Maker's receipt of a
Notice  of  Prepayment at Option of Buyer Upon Triggering Event and, in the case
of  a  prepayment  pursuant  to  Section  3.7(f),  the  Maker  shall deliver the
applicable  Major  Transaction  Prepayment  Price  immediately  prior  to  the
consummation  of  the  Major  Transaction; provided that a holder's certificates
representing  the  Notes  shall  have  been  so delivered to the Maker; provided
further  that  if  the Maker is unable to prepay all of the Notes to be prepaid,
the  Maker  shall  prepay  an amount from each holder of the Notes being prepaid
equal  to  such  holder's  pro-rata amount (based on the number of Notes held by
such  holder  relative  to  the  number of Notes outstanding) of all Notes being
prepaid.  If  the  Maker  shall  fail  to  prepay all of the Notes submitted for
prepayment (other than pursuant to a dispute as to the arithmetic calculation of
the  Prepayment  Price),  in addition to any remedy such holder of the Notes may
have under this Note and the Purchase Agreement, the applicable Prepayment Price
payable  in respect of such Notes not prepaid shall bear interest at the rate of
2.0%  per  month  (prorated  for  partial months) until paid in full.  Until the
Maker  pays  such  unpaid applicable Prepayment Price in full to a holder of the
Notes  submitted  for  prepayment,  such holder shall have the option (the "Void
Optional  Prepayment  Option")  to,  in lieu of prepayment, require the Maker to
promptly  return  to  such  holder(s)  all  of the Notes that were submitted for
prepayment by such holder(s) under this Section 3.7 and for which the applicable
Prepayment  Price  has  not  been paid, by sending written notice thereof to the
Maker  via facsimile (the "Void Optional Prepayment Notice").   Upon the Maker's
receipt  of  such Void Optional Prepayment Notice(s) and prior to payment of the
full applicable Prepayment Price to such holder, (i) the Notice(s) of Prepayment
at  Option  of  Buyer  Upon  Triggering  Event or the Notice(s) of Prepayment at
Option  of  Buyer  Upon Major Transaction, as the case may be, shall be null and
void  with  respect  to  those  Notes submitted for prepayment and for which the
applicable  Prepayment Price has not been paid, (ii) the Maker shall immediately
return any Notes submitted to the Maker by each holder for prepayment under this
Section  3.7(h)  and for which the applicable Prepayment Price has not been paid
and  (iii)  the Conversion Price of such returned Notes shall be adjusted to the
lesser  of  (A)  the Conversion Price as in effect on the date on which the Void
Optional  Prepayment  Notice(s) is delivered to the Maker and (B) the lowest Per
Share  Market  Value  during  the  period  beginning  on  the  date on which the
Notice(s)  of  Prepayment  of  Option  of  Buyer  Upon  Major Transaction or the
Notice(s)  of  Prepayment  at Option of Buyer Upon Triggering event, as the case
may  be,  is  delivered  to  the  Maker and ending on the date on which the Void
Optional  Prepayment  Notice(s)  is  delivered  to  the  Maker; provided that no
adjustment  shall  be made if such adjustment would result in an increase of the
Conversion  Price  then  in  effect.  A  holder's  delivery  of  a Void Optional
Prepayment  Notice  and  exercise  of its rights following such notice shall not
effect  the Maker's obligations to make any payments which have accrued prior to
the  date  of such notice.  Payments provided for in this Section 3.7 shall have
priority  to  payments  to  other  stockholders  in  connection  with  a  Major
Transaction.

Section  3.8     Inability  to  Fully  Convert.
                 -----------------------------
     (a)     Holder's  Option  if  Maker  Cannot  Fully  Convert.  If,  upon the
             ---------------------------------------------------
Maker's  receipt of a Conversion Notice, the Maker cannot issue shares of Common
Stock  registered  for  resale  under the Registration Statement for any reason,
including,  without limitation, because the Maker (w) does not have a sufficient
number  of  shares  of  Common  Stock authorized and available, (x) is otherwise
prohibited  by  applicable  law  or  by  the  rules  or regulations of any stock
exchange,  interdealer  quotation  system  or other self-regulatory organization
with  jurisdiction  over  the Maker or any of its securities from issuing all of
the  Common  Stock  which is to be issued to the Holder pursuant to a Conversion
Notice  or  (y)  fails  to  have  a  sufficient number of shares of Common Stock
registered  for  resale  under  the Registration Statement, then the Maker shall
issue  as  many shares of Common Stock as it is able to issue in accordance with
the  Holder's  Conversion Notice and, with respect to the unconverted portion of
the  Note,  the  Holder,  solely  at  Holder's  option,  can  elect  to:
     (iv)     require the Maker to prepay that portion of the Note for which the
Maker is unable to issue Common Stock in accordance with the Holder's Conversion
Notice (the "Mandatory Prepayment") at a price per share equal to the Prepayment
             --------------------
Price  as  of  such  Conversion  Date  (the  "Mandatory  Prepayment  Price");
                                              ----------------------------
     if  the Maker's inability to fully convert is pursuant to Section 3.8(a)(y)
above, require the Maker to issue restricted shares of Common Stock equal to one
hundred  twenty percent (120%) of the number of shares of Common Stock the Maker
is  unable  to  deliver  in  accordance  with  such  holder's Conversion Notice;
void  its Conversion Notice and retain or have returned, as the case may be, the
Note  that  was to be converted pursuant to the Conversion Notice (provided that
the  Holder's  voiding  its  Conversion  Notice  shall  not  effect  the Maker's
obligations  to  make  any payments which have accrued prior to the date of such
notice).
     (b)     Mechanics  of  Fulfilling  Holder's  Election.  The  Maker  shall
             ---------------------------------------------
immediately  send  via facsimile to the Holder, upon receipt of a facsimile copy
of  a  Conversion  Notice  from  the  Holder  which cannot be fully satisfied as
described  in  Section  3.8(a) above, a notice of the Maker's inability to fully
satisfy  the  Conversion Notice (the "Inability to Fully Convert Notice").  Such
                                      ---------------------------------
Inability to Fully Convert Notice shall indicate (i) the reason why the Maker is
unable  to fully satisfy such holder's Conversion Notice, (ii) the amount of the
Note  which  cannot  be  converted and (iii) the applicable Mandatory Prepayment
Price.  The  Holder  shall  notify the Maker of its election pursuant to Section
3.8(a) above by delivering written notice via facsimile to the Maker ("Notice in
                                                                       ---------
Response  to  Inability  to  Convert").
------------------------------------
      (c)    Payment of Prepayment Price. If  the Holder shall elect to have its
            ------------------------------
shares  prepaid  pursuant  to  Section  3.8(a)(i) above, the Maker shall pay the
Mandatory  Prepayment  Price  in  cash to the Holder within five (5) days of the
Maker's  receipt  of  the  Holder's  Notice in Response to Inability to Convert,
provided that prior to the Maker's receipt of the Holder's Notice in Response to
    ----
Inability to Convert the Maker has not delivered a notice to the Holder stating,
to  the satisfaction of the Holder, that the event or condition resulting in the
Mandatory  Prepayment  has  been cured and all Conversion Shares issuable to the
Holder  can  and will be delivered to the Holder in accordance with the terms of
this  Note.  If  the Maker shall fail to pay the applicable Mandatory Prepayment
Price to the Holder on a timely basis as described in this Section 3.8(c) (other
than pursuant to a dispute as to the determination of the arithmetic calculation
of  the  Prepayment  Price), in addition to any remedy the Holder may have under
this  Note and the Purchase Agreement, such unpaid amount shall bear interest at
the  rate  of  2.0%  per month (prorated for partial months) until paid in full.
Until  the  full  Mandatory  Prepayment Price is paid in full to the Holder, the
Holder may (i) void the Mandatory Prepayment with respect to that portion of the
Note  for  which  the  full  Mandatory  Prepayment Price has not been paid, (ii)
receive  back  such  Note,  and  (iii) require that the Conversion Price of such
returned Note be adjusted to the lesser of (A) the Conversion Price as in effect
on  the  date  on  which  the Holder voided the Mandatory Prepayment and (B) the
lowest Per Share Market Value during the period beginning on the Conversion Date
and  ending  on  the  date  the  Holder  voided  the  Mandatory  Prepayment.
     Section  3.9     No  Rights as Shareholder.  Nothing contained in this Note
shall  be  construed  as  conferring upon the Holder, prior to the conversion of
this Note, the right to vote or to receive dividends or to consent or to receive
notice  as  a  shareholder  in  respect  of  any meeting of shareholders for the
election  of  directors of the Maker or of any other matter, or any other rights
as  a  shareholder  of the Maker.  Upon the issuance of a Conversion Notice, the
Holder  shall  have  all  rights  as  a  shareholder  of  the  Maker.

-MISCELLANEOUS
     -Notices.  Any  notice,  demand,  request,  waiver  or  other communication
required  or  permitted  to  be given hereunder shall be in writing and shall be
effective  (a)  upon hand delivery by telex (with correct answer back received),
telecopy  or  facsimile  at  the  address  or  number designated in the Purchase
Agreement  (if  delivered  on  a business day during normal business hours where
such  notice  is  to  be  received),  or  the  first business day following such
delivery (if delivered other than on a business day during normal business hours
where such notice is to be received) or (b) on the second business day following
the date of mailing by express courier service, fully prepaid, addressed to such
address,  or  upon  actual receipt of such mailing, whichever shall first occur.
The Maker will give written notice to the Holder at least twenty (20) days prior
to  the  date  on  which  the  Maker closes its books or takes a record (x) with
respect  to any dividend or distribution upon the Common Stock, (y) with respect
to  any  pro  rata  subscription  offer  to  holders  of Common Stock or (z) for
determining  rights  to  vote  with  respect to any Organic Change, dissolution,
liquidation  or winding-up and in no event shall such notice be provided to such
holder prior to such information being made known to the public.  The Maker will
also  give  written  notice to the Holder at least twenty (20) days prior to the
date  on  which  any Organic Change, dissolution, liquidation or winding-up will
take  place and in no event shall such notice be provided to the Holder prior to
such  information  being  made  known  to  the  public.
Governing  Law.  This Note shall be governed by and construed in accordance with
the  internal laws of the State of New York, without giving effect to the choice
of  law  provisions.  This  Note  shall not be interpreted or construed with any
presumption  against  the  party  causing  this  Note  to  be  drafted.
-Headings.  Article  and  section  headings in this Note are included herein for
purposes  of  convenience  of  reference only and shall not constitute a part of
this  Note  for  any  other  purpose.
Remedies,  Characterizations, Other Obligations, Breaches and Injunctive Relief.
The  remedies  provided  in this Note shall be cumulative and in addition to all
other  remedies  available  under  this  Note,  at  law or in equity (including,
without  limitation,  a  decree  of specific performance and/or other injunctive
relief),  no remedy contained herein shall be deemed a waiver of compliance with
the  provisions  giving  rise  to  such  remedy and nothing herein shall limit a
holder's  right  to pursue actual damages for any failure by the Maker to comply
with  the  terms  of  this  Note.  Amounts set forth or provided for herein with
respect to payments, conversion and the like (and the computation thereof) shall
be  the  amounts  to  be received by the holder thereof and shall not, except as
expressly  provided  herein, be subject to any other obligation of the Maker (or
the  performance  thereof).  The  Maker  acknowledges that a breach by it of its
obligations hereunder will cause irreparable and material harm to the Holder and
that  the  remedy  at  law  for any such breach may be inadequate. Therefore the
Maker  agrees  that,  in  the event of any such breach or threatened breach, the
Holder  shall  be  entitled,  in  addition  to  all  other  available rights and
remedies,  at  law  or  in  equity,  to  seek  and obtain such equitable relief,
including  but  not  limited  to  an  injunction  restraining any such breach or
threatened  breach,  without  the necessity of showing economic loss and without
any  bond  or  other  security  being  required.
-Enforcement  Expenses.  The  Maker  agrees  to  pay  all  costs and expenses of
enforcement  of  this Note, including, without limitation, reasonable attorneys'
fees  and  expenses.
-Binding  Effect.   The obligations of the Maker and the Holder set forth herein
shall  be binding upon the successors and assigns of each such party, whether or
not  such  successors  or  assigns  are  permitted  by  the  terms  hereof.
-Amendments.  This  Note  may not be modified or amended in any manner except in
writing  executed  by  the  Maker  and  the  Holder.
-Compliance  with  Securities  Laws.  The  Holder of this Note acknowledges that
this  Note  is  being  acquired solely for the Holder's own account and not as a
nominee  for  any other party, and for investment, and that the Holder shall not
offer, sell or otherwise dispose of this Note.  This Note and any Note issued in
substitution  or  replacement  therefore  shall  be  stamped or imprinted with a
legend  in  substantially  the  following  form:
" THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE  "ACT"),  OR  APPLICABLE  STATE  SECURITIES  LAWS,  AND  MAY  NOT  BE SOLD,
TRANSFERRED,  PLEDGED  OR  HYPOTHECATED  IN  THE ABSENCE OF SUCH REGISTRATION OR
RECEIPT BY THE MAKER OF AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE REASONABLY
ACCEPTABLE  TO  THE  MAKER)  IN  THE  FORM,  SUBSTANCE  AND  SCOPE  REASONABLY
SATISFACTORY  TO THE MAKER THAT THIS NOTE MAY BE SOLD, TRANSFERRED, HYPOTHECATED
OR OTHERWISE DISPOSED OF, UNDER AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND
SUCH  STATE  SECURITIES  LAWS."

     -Consent  to  Jurisdiction.  Each  of  the  Maker and the Holder (i) hereby
irrevocably  submits to the exclusive jurisdiction of the United States District
Court  sitting  in the Southern District of New York and the courts of the State
of  New  York located in New York county for the purposes of any suit, action or
proceeding  arising  out of or relating to this Note and (ii) hereby waives, and
agrees  not  to assert in any such suit, action or proceeding, any claim that it
is  not  personally  subject  to  the jurisdiction of such court, that the suit,
action  or  proceeding  is brought in an inconvenient forum or that the venue of
the  suit,  action  or proceeding is improper.  Each of the Maker and the Holder
consents  to  process  being  served  in  any such suit, action or proceeding by
mailing  a copy thereof to such party at the address in effect for notices to it
under  the Purchase Agreement and agrees that such service shall constitute good
and  sufficient  service of process and notice thereof.  Nothing in this Section
4.9  shall  affect  or  limit  any  right  to  serve process in any other manner
permitted  by  law.
-Parties  in Interest.  This Note shall be binding upon, inure to the benefit of
and  be enforceable by the Maker, the Holder and their respective successors and
permitted  assigns.
-Failure  or  Indulgence  Not  Waiver.  No  failure  or delay on the part of the
Holder  in the exercise of any power, right or privilege hereunder shall operate
as a waiver thereof, nor shall any single or partial exercise of any such power,
right  or  privilege  preclude other or further exercise thereof or of any other
right,  power  or  privilege.
-Maker Waivers.  Except as otherwise specifically provided herein, the Maker and
all  others  that  may  become  liable  for  all  or any part of the obligations
evidenced  by this Note, hereby waive presentment, demand, notice of nonpayment,
protest  and  all  other  demands'  and notices in connection with the delivery,
acceptance,  performance  and enforcement of this Note, and do hereby consent to
any  number  of  renewals  of extensions of the time or payment hereof and agree
that  any  such  renewals  or  extensions may be made without notice to any such
persons  and  without affecting their liability herein and do further consent to
the  release of any person liable hereon, all without affecting the liability of
the  other  persons,  firms or Maker liable for the payment of this Note, AND DO
HEREBY  WAIVE  TRIAL  BY  JURY.
No  delay  or  omission on the part of the Holder in exercising its rights under
this  Note,  or  course of conduct relating hereto, shall operate as a waiver of
such rights or any other right of the Holder, nor shall any waiver by the Holder
of  any  such right or rights on any one occasion be deemed a waiver of the same
right  or  rights  on  any  future  occasion.

THE  MAKER  ACKNOWLEDGES  THAT THE TRANSACTION OF WHICH THIS NOTE IS A PART IS A
COMMERCIAL  TRANSACTION,  AND  TO  THE  EXTENT ALLOWED BY APPLICABLE LAW, HEREBY
WAIVES  ITS  RIGHT  TO NOTICE AND HEARING WITH RESPECT TO ANY PREJUDGMENT REMEDY
WHICH  THE  HOLDER  OR  ITS  SUCCESSORS  OR  ASSIGNS  MAY  DESIRE  TO  USE.

Section  4.13     Definitions.  For  the  purposes  hereof,  the following terms
                  -----------
shall  have  the  following  meanings:

     "Independent  Appraiser"  means  a  nationally recognized or major regional
      ----------------------
investment  banking  firm or firm of independent certified public accountants of
recognized standing (which may be the firm that regularly examines the financial
statements  of  the  Issuer)  that  is  regularly  engaged  in  the  business of
appraising  the  Capital  Stock  or  assets of corporations or other entities as
going concerns, and which is not affiliated with either the Issuer or the Holder
of  any  Warrant.

     "Person"  means  an  individual  or  a  corporation,  partnership,  trust,
      ------
incorporated  or  unincorporated  association,  joint venture, limited liability
      --
company,  joint stock company, government (or an agency or political subdivision
thereof)  or  other  entity  of  any  kind.

     "Trading  Day"  means  (a) a day on which the Common Stock is traded on The
      ------------
Nasdaq Small-Cap Market, the Nasdaq National Market or other registered national
stock  exchange  on which the Common Stock has been listed, or (b) if the Common
Stock  is  not listed on The Nasdaq Small-Cap Market, the Nasdaq National Market
or  any  registered  national stock exchange, a day or which the Common Stock is
traded in the over-the-counter market, as reported by the OTC Bulletin Board, or
(c)  if the Common Stock is not quoted on the OTC Bulletin Board, a day on which
the  Common  Stock  is  quoted in the over-the-counter market as reported by the
National  Quotation  Bureau  Incorporated (or any similar organization or agency
succeeding  its  functions  of reporting prices); provided, however, that in the
                                                  --------  -------
event that the Common Stock is not listed or quoted as set forth in (a), (b) and
(c)  hereof, then Trading Day shall mean any day except Saturday, Sunday and any
day which shall be a legal holiday or a day on which banking institutions in the
State  of  New York are authorized or required by law or other government action
to  close.

                          THE  AMANDA  COMPANY,  INC.

                          By:  /s/  Jose  Candia
                          Name:  Jose  Candia
                          Title:   Chief  Executive  Officer

<PAGE>

                                    EXHIBIT A

                               WIRE INSTRUCTIONS.

Payee:  ________________________________________________________
Bank:  ________________________________________________________
Address:  _____________________________________________________
          _____________________________________________________
Bank  No.:  _____________________________________________________
Account  No.:  __________________________________________________
Account  Name:  _________________________________________________

<PAGE>
                                     FORM OF
                              NOTICE OF CONVERSION
     (To be Executed by the Registered Holder in order to Convert the Note)
The  undersigned  hereby irrevocably elects to convert $ ________________ of the
principal  amount  of  the above Note No. ___ into shares of Common Stock of THE
AMANDA COMPANY, INC. (the "Maker") according to the conditions hereof, as of the
date  written  below.
Date  of  Conversion*  _________________________________________________________
Applicable Conversion Price * __________________________________________________
Signature___________________________________________________________________
         [Name]
Address:__________________________________________________________________
        __________________________________________________________________

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