Document:

ex10g.htm

    

    EXHIBIT
      10 (g)

    

     

    SHARE
      EXCHANGE AND ACQUISITION AGREEMENT

    

    BY
      AND
      AMONG

    

    PURCHASE
      POINT MEDIA CORP.

    

    AND

    

    POWER
      SPORTS FACTORY, Inc.

    

    Dated
      APRIL 24, 2007

    

    THIS
      EXCHANGE AGREEMENT (the "Agreement"), is made and entered into as of April
      24,
      2007, by and among Purchase Point Media Corp. a Minnesota corporation ("PPMC"),
      and Power Sports Factory, Inc., a Delaware corporation ("PSF"), and the
      stockholders of PSF set forth on the signature pages to this Agreement
      (collectively, "PSF" and the "PSF SHAREHOLDERS"), with respect to the following
      facts:

    

    RECITALS

    

    A.         The
      PSF SHAREHOLDERS own 100% of the issued and outstanding shares of the Common
      Stock of PSF par value $.001 per share in the denominations as set forth
      opposite their respective names on Schedule I to this Agreement.

    

    B.         PPMC
      desires to acquire from the PSF SHAREHOLDERS, and the PSF SHAREHOLDERS desire
      to
      sell and transfer to PPMC, all of the PSF Shares owned by them on the Closing
      Date in exchange for the issuance and delivery by PPMC of one share of Common
      Stock, no par value per share, of PPMC ("Common Stock"), for each common share
      of PSF (the "Exchange Ratio"), on the terms and conditions set forth below
      (the
      "Exchange"); and

    

    C.          It
      is intended that, for federal income tax purposes, the Exchange shall qualify
      as
      an exchange described in Section 351 of the of the Internal Revenue Code of
      1986, as amended (the "Code") and a reorganization described in Section 368
      of
      the Code.

    

    NOW,
      THEREFORE, in consideration of the foregoing premises and representations,
      warranties, covenants and agreements contained herein, and for other good and
      valuable consideration, the receipt and sufficiency of which are hereby
      acknowledged, and intending to be legally bound hereby, the parties hereto
      hereby agree as follows:

    

    ARTICLE
      I
      EXCHANGE OF SECURITIES

    Section
      1.1 The Exchange.

     

     

    
      
        
        

      

      
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    On
      the terms and subject to the
      conditions of this Agreement, on the Closing Date, PPMC shall issue and deliver
      to each of the PSF

    

    SHAREHOLDERS
      such number of shares of Common Stock as is set forth opposite such PSF
      shareholder name on Schedule I hereto, subject to adjustment as set
      forth
      in Section 1.2, and each such PSF
      SHAREHOLDER shall sell, transfer and deliver to PPMC, the number of
      issued and outstanding PSF
      Shares set forth opposite such PSF
      SHAREHOLDER's name on Schedule I hereto along with a duly executed share
      assignment endorsed in favour of PPMC.

    

    Section
      1.2 Exchange Ratio.

    

    (a)
      By
      effecting a reverse split, PPMC will have no more than 7,620,000 shares of
      Common Stock outstanding. In connection with the Closing, it is intended that,
      the PSF
      SHAREHOLDERS would receive an aggregate of up to 17,500,000 shares of
      PPMC Common Stock (assuming 100% of the PSF
      SHAREHOLDERS exchange their PSF
      SHARES for PPMC SHARES), and any other issuances as directed by
      PSF.

    

    ARTICLE
      II THE CLOSING

    

    Section
      2.1 Closing Date.

    

    The
      closing of the Exchange and the other transactions contemplated by this
      Agreement (the "Closing") shall take place at the offices of Michael S. Krome
      Esq. which address is 8 Teak Court, Lake Grove, New York 11755 at 11:00 AM
      on
      May 2, 2007, or at such other location, date and time as PPMC and PSF may agree.
      The time and date upon which the Closing actually occurs being referred to
      herein as the "Closing Date").

    

    Section
      2.2 Transactions at Closing.

    

    At
      the
      Closing, the following transactions shall take place and

    no
      transaction shall be deemed to have been completed or any document delivered
      until all such transactions have been completed and all required documents
      delivered:

    

    (a)
      PPMC
      shall deliver the following documents:

    

    (i)
      Validly executed stock certificates corresponding to the Common Stock issued
      in
      the name of the PSF SHAREHOLDERS in the amounts set forth in Schedule
      I;

    

    (ii)
      True
      copies of all consents and waivers obtained by PPMC, in accordance with the
      provisions of Section 7.1 below;

    

    (iii)
      Certificate of good standing from the Secretary of State of the State of
      Delaware, dated at or about the Closing Date, to the effect that PPMC is in
      good
      standing under the laws of said state;

    

    (iv)
      Certified copy of the Certificate of Incorporation of PPMC, as certified by
      the
      Secretary of State of the State of Delaware at or about the Closing
      Date;

    

    (v)
      Secretary's certificate duly executed by PPMC's secretary attaching and
      attesting to the accuracy of: (A) the bylaws of PPMC, (B) the resolutions of
      PPMC's board of directors hereto issuing and

     

     

    
      
        
        

      

      
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    allotting
      the Common Stock to the PSF
      SHAREHOLDERS subject to the provisions hereof,  approving the
      transactions contemplated hereby, including the Exchange, appointing the
      designees of PSF
      as directors of PPMC,
      and (C) an incumbency certificate signed by all of the executive officers
      of PPMC
      dated at or about the Closing Date;

    

    (vi)
      An
      officer's certificate duly executed by PPMC's
      chief executive officer to the effect that the conditions set forth
      in
      Section 7.1(a) below have been satisfied, dated as of the date of the
      Closing;

    

    (vii)
      Resignation and release letters
      in the form attached hereto as Exhibit B hereto from each of the current
      officers and directors of PPMC;

    

    (viii)
      All corporate books and records of PPMC;
      and

    

    (ix)
      Such
      other documents and instruments as PSF
      may reasonably request.

    

    (b)
      PSF
      shall deliver or cause to be delivered the following documents and/or shall
      take
      the following actions:

    

    (i)
      PSF shall deliver to PPMC
share
      certificates in the name of
PPMC
      in respect of all PSF
      Shares and shall register PSF
Shares
      in the name of PPMC
in
      the shareholders register of
PSF;

    

    (ii)
      Certificate of good standing from the Secretary of State of the State of
      Delaware, dated at or about the Closing Date, to the effect that PSF
      is
in good standing under the laws of said state;

    

    (iii)
      Certified copy of the Certificate of Incorporation of PSF,
      as amended to date certified by the Secretary of State of the State
      of
      Delaware at or about the Closing Date;

    

    (iv)
      Secretary's certificate duly executed by PSF's
      secretary attaching and attesting to the accuracy of: (A) the bylaws
      of
PSF,
      (B) the resolutions of PSF's board of directors, approving the
      transactions contemplated hereby, including the Exchange, and (C) an incumbency
      certificate signed by all of the executive officers of PSF dated at or about
      the
      Closing Date;

    

    (v)
      An
      officer's certificate duly executed by PSF's
      chief executive officer of PSF
      to the effect that the conditions set forth in Section7.2(a) below have
      been satisfied, dated as of the date of the Closing; and

     

    (vi)
      True
      copies of all consents and waivers obtained by PSF,
      in accordance with the provisions of Section 7.1 below;

     

    (c)
      The
PSF
      SHAREHOLDERS shall deliver the following documents:

    

    (i)
      to
PPMC,
      duly executed share assignments in the form attached hereto as Exhibit
      D
      effecting the immediate and unconditional sale, assignment and irrevocable
      transfer of PSF
      Securities to PPMC,
      free and clear of any liens, or any other third party rights of any
      kind
      and nature, whether voluntarily incurred or arising by operation of law;
      and

     

    
      
        
        

      

      
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    (ii)
      to
      PSF, as agent for PPMC, all share certificates in respect of PSF
      Shares.

     

    ARTICLE
      III REPRESENTATIONS AND WARRANTIES OF PPMC

    

    PPMC
      hereby makes the following representations and warranties to PSF and each PSF
      SHAREHOLDER:

    

    Section
      3.1 Organization and Qualification.

    

    PPMC
      is
      duly organized, validly existing and in good standing under the laws of its
      jurisdiction of organization, with the corporate power and authority to own
      and
      operate its business as presently conducted, except where the failure to be
      or
      have any of the foregoing would not have a Material Adverse Effect. PPMC is
      duly
      qualified as a foreign corporation to do business and is in good standing in
      each jurisdiction where the character of its properties owned or held under
      lease or the nature of their activities makes such qualification necessary,
      except for such failures to be so qualified or in good standing as would not
      have a Material Adverse Effect. PPMC has no subsidiaries and is not a
      participant in any joint venture, partnership, or similar
      arrangement.

    

    Section
      3.2 Authorization.

    

    PPMC
      has
      the requisite corporate power and authority to execute, deliver and perform
      its
      obligations under this Agreement and to consummate the Exchange.

    

    Section
      3.3 Validity and Effect of Agreement.

    

    This
      Agreement has been duly and validly executed and delivered by PPMC and, assuming
      that it has been duly authorized, executed and delivered by the other parties
      hereto, constitutes a legal, valid and binding obligation of PPMC in accordance
      with its terms except as limited by applicable bankruptcy, insolvency,
      reorganization, moratorium, and other laws of general application affecting
      enforcement of creditors' rights generally.

     

    Section
      3.4 No Conflict.

    

    Neither
      the execution and delivery of this Agreement by PPMC nor the performance by
      such
      parties of their respective obligations hereunder, nor the consummation of
      the
      Exchange, will: (i) conflict with PPMC's Certificate of Incorporation or Bylaws;
      (ii) violate any statute, law, ordinance, rule or regulation, applicable to
      PPMC
      or any of the properties or assets of PPMC; or (iii) violate, breach, be in
      conflict with or constitute a default (or an event which, with notice or lapse
      of time or both, would constitute a default) under, or permit the termination
      of
      any provision of, or result in the termination of, the acceleration of the
      maturity of, or the acceleration of the performance of any obligation of PPMC
      and/or affect any of the obligations hereunder, or result in the creation or
      imposition of any Lien upon any properties, assets or business of PPMC under,
      any Contract or any order, judgment or decree to which PPMC is a party or by
      which it or any of its

     

    
      
        
        

      

      
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    assets
      or
      properties is bound or encumbered except, in the case of clauses (ii) and (iii),
      for such violations, breaches, conflicts, defaults or other occurrences which,
      individually or in the aggregate, would not have a material adverse effect
      on
      its obligation to perform its covenants under this Agreement.

    

    Section
      3.5 Required Filings and Consents.

    

    The
      execution and delivery of this Agreement by PPMC does not, and the performance
      of this Agreement by PPMC will not, require any consent, approval, authorization
      or permit of, or filing with or notification to, Governmental Authority with
      respect to PPMC except: (i) compliance with applicable requirements of the
      Securities Act, the Exchange Act and state securities laws ("Blue Sky Laws");
      and (ii) where the failure to obtain such consents, approvals, authorizations
      or
      permits, or to make such filings or notifications would not, individually or
      in
      the aggregate, reasonably be expected to have a Material Adverse Effect on
      PPMC,
      or would not prevent or materially delay consummation of the Exchange or
      otherwise prevent the parties hereto from performing their respective
      obligations under this Agreement.

    

    Section
      3.6 Capitalization.

    

    The
      authorized capital stock of PPMC consists of 100,000,000 shares of Common Stock,
      no par value per share, of which 7,500,000 shares are issued and outstanding,
      and 10,000,000 shares of Preferred Stock, no par value per share, of which
      no
      shares are outstanding. Except for the transactions contemplated by this
      Agreement, there are no other share capital, pre-emptive rights, convertible
      securities, outstanding warrants, options or other rights to subscribe for,
      purchase or acquire from PPMC any shares of capital stock of PPMC and there
      are
      no contracts or commitments providing for the issuance of, or the granting
      of
      rights to acquire, any shares of capital stock of PPMC or under which PPMC
      is,
      or may become, obligated to issue any of its securities. All shares of capital
      stock of PPMC outstanding as of the date of this Agreement have been duly
      authorized and validly issued, are fully paid and non­assessable, and are
      free of pre-emptive rights. As of the Closing Date (as defined herein), there
      will be no more than 7,500,000 shares of Common Stock issued or outstanding
      prior to the Exchange.

    

    Section
      3.7 Status of Common Stock.

    

    The
      Common Stock, when issued and allotted at the Closing in exchange for PSF
      Shares, will be duly authorized, validly issued, fully paid, non-assessable,
      and
      free of any pre-emptive rights, will be issued in compliance with all applicable
      laws concerning the issuance of securities,and will have the rights,
      preferences, privileges, and restrictions set forth in PPMC's charter and
      bylaws, and will be free and clear of any Liens of any kind and duly registered
      in the name of the PSF SHAREHOLDERS, in PPMC's stockholders ledger.

    

    Section
      3.8 SEC Reports and Financial Statements.

    

    PPMC
      has
      timely filed with the SEC all forms, reports, notices, schedules, statements
      and
      other documents and instruments required to be filed by it under any applicable
      law, and has heretofore made available (or promptly following filing will make
      available) to PSF true and complete copies of, all such forms, reports,
      notices,schedules, statements and other documents and

     

    
      
        
        

      

      
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    instruments
      required to be filed by it under the Exchange Act or the Securities Act, the
      "PPMC SEC Documents"). As of their respective dates or, if amended, as of the
      date of the last such amendment, the PPMC SEC Documents, including any financial
      statements or schedules included therein (i) did not contain any untrue
      statement of a material fact or omit to state a material fact required to be
      stated therein or necessary in order to make the statements made therein, in
      light of the circumstances under which they were made, not misleading, (ii)
      were
      complete and accurate in all material respects, and (iii) complied in all
      material respects with the applicable requirements of the Exchange Act and
      the
      Securities Act, as the case may be, and the applicable rules and regulations
      of
      the SEC thereunder.

    

    Section
      3.9 Financial Statements.

    

    Each
      of
      the financial statements (the "PPMC Financial Statements") audited financial
      statements for the years ended December 31, 2005 and December 31 2006. have
      been
      prepared and are in accordance with, the books and records of PPMC, the results
      of operations and cash flows of PPMC.

    

    Section
      3.10 No Assets or Liabilities.

    PPMC
      will
      have satisfied all liabilities to PSF's satisfaction, and further represents
      that PPMC will not have any liabilities, indebtedness or obligations, whether
      known or unknown, absolute, accrued, contingent or otherwise, and whether due
      or
      to become due (collectively, "Liabilities"), and, there is no existing
      condition, situation or set of circumstances that could reasonably be expected
      to result in such a liability, including without limitation any liabilities
      for
      foreign, federal, state, local or other taxes (including deficiencies, interest
      and penalties). As of the Closing Date, PPMC shall have no properties or assets
      of any kind, whether real personal or intangible and whether owned or leased
      (other than cash, cash equivalents or marketable securities) and no
      Liabilities.

    

    Section
      3.11 No Contract Rights or Commitments.

    

    On
      the
      Closing Date, other than contracts disclosed there will not be any Contract
      to
      which PPMC is a party or by which any of its assets or properties are
      bound.

    

    Section
      3.12 No Intellectual Property Rights or Infringement.

    

    PPMC
      does
      not own, has not obtained the right to use, and has not violated nor otherwise
      trespassed upon any patents, trademarks, service marks, trade names, copyrights,
      and applications, licenses and rights with respect to the foregoing, and/or
      any
      trade secrets, including know-how, inventions, designs, processes, works of
      authorship, computer programs and/or technical data and/or
      information.

    

    Section
      3.13 Litigation.

    

    There
      is
      no Action pending or threatened against PPMC that, individually or in the
      aggregate, directly or indirectly, would be reasonably likely to have a Material
      Adverse Effect, nor is there any outstanding judgment, decree or injunction,
      in
      each case against PPMC, that, individually or in the aggregate, has or would
      be
      reasonably likely to have a Material Adverse Effect.

     

    
      
        
        

      

      
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    Section
      3.14 Taxes.

    

    PPMC
      has timely filed (or has had timely filed on its behalf) with the
      appropriate tax authorities all tax returns required to be filed by it or on
      behalf of it, and each such tax return was complete and accurate in all material
      respects, and PPMC
      has timely paid (or has had paid on its behalf) all material Taxes due
      and owing by it, regardless of whether required to be shown or reported on
      a tax
      return, including Taxes required to be withheld by it. No deficiency for a
      material Tax has been asserted in writing or otherwise, to PPMC's
      Knowledge, against PPMC
      or with respect to any of its assets, except for asserted deficiencies
      that either (i) have been resolved and paid in full or (ii) are being contested
      in good faith. There are no material Liens for Taxes upon PPMC's
      assets.

    

    Section
      3.15 Registration.

    

    No
      order
      revoking the registration of PPMC
      or the Common Stock under the Exchange Act has been issued by any court,
      securities commission or regulatory authority in the United States and no
      proceedings for such purpose are pending or, to the Knowledge of PPMC,
      after reasonable inquiry, threatened.

     

    Section
      3.16 Trading.

    

    No
      order
      suspending the sale or ceasing the trading or quotation of the Common Stock
      in
      the over the counter market has been issued by any court, securities commission
      or regulatory authority in the United States, and no proceedings for such
      purpose are pending or, to the knowledge of PPMC,
      after reasonable inquiry, threatened.

    

    Section
      3.17 Books and Records.

    

    The
      books
      and records, financial and others, of PPMC
      are in all material respects complete and correct and have been
      maintained in accordance with good business accounting practices.

    

    Section
      3.18 Insurance.

    

    PPMC
      has no insurable properties and PPMC
      does not maintain

    any
      insurance covering its assets, business, equipment, properties, operations,
      employees, officers, or directors. To PPMC's
      knowledge since inception there has not been any damage, destruction
      or
      loss, which could have been deemed as an "Insurance Event".

    

    Section
      3.19 Compliance.

    

    PPMC
      is
in compliance with all foreign, federal, state and local laws and
      regulations of any Governmental Authority, except to the extent that failure
      to
      comply would not, individually or in the aggregate, have a Material Adverse
      Effect. PPMC
      has not received any notice asserting a failure, or possible failure,
      to
      comply with any such law or regulation, the subject of which notice has not
      been
      resolved as required thereby or otherwise to the satisfaction of the party
      sending the notice, except for such failure as would not, individually or in
      the
      aggregate, have a Material Adverse Effect. PPMC does not, and is not require
      to,
      hold any permits, licenses or franchises from Governmental
      Authorities.

    

    Section
      3.20 Absence of Certain Changes.

     

    
      
        
        

      

      
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    Since
      April 24, 2007, except as described in the PPMC SEC Documents or as expressly
      permitted or required by this Agreement or with the consent of PSF, PPMC has
      not:

    

    (a)
      sold
      or otherwise issued any shares of capital stock; (b) acquired any assets or
      incurred any Liabilities; (c) amended its certificate of incorporation or
      bylaws;

    

    (d)
      waived any rights of value which in the aggregate are extraordinary or material
      considering the business of PPMC;

    

    (e)
      made
      any material change in its method of management, operation or
      accounting;

    

    

    (f)
      made
      any accrual or arrangement for or payment of bonuses or special compensation
      of
      any kind or any severance or termination pay to any present or former officer
      or
      employee;

    

    (g)
      granted or agreed to grant any options, warrants or other rights for its stocks,
      bonds or other corporate securities calling for the issuance thereof, which
      option, warrant or other right has not been cancelled as of the Closing
      Date;

    

    (h)
      borrowed or agreed to borrow any funds or incurred or become subject to, any
      material obligation or liability (absolute or contingent) except liabilities
      incurred in the ordinary course of business;

    

    (i)
      become subject to any law or regulation which materially and adversely affects,
      or in the future may adversely affect, the business, operations, properties,
      assets or condition of PPMC or become subject to any change or development
      in,
      or effect on, PPMC that has or could reasonably be expected to have a Material
      Adverse Effect; or

    

    (j)
      entered into any agreement to take any action described in clauses (a) through
      (i) above

    

    Section
      3.21 Material Transactions or Affiliations.

    

    There
      is
      no contract, agreement or arrangement between PPMC and any person who was,
      at
      the time of such contract, agreement or arrangement an officer, director or
      person owning of record, or known by PPMC to own beneficially, five percent
      or
      more of the issued and outstanding Common Stock and which is to be performed
      in
      whole or in part after the date hereof. PPMC has no commitment, whether written
      or oral, to lend any funds to, borrow any money from or enter into any other
      material transactions with, any such affiliated person.

     

    Section
      3.22 Employees.

    

    PPMC
      has
      no employees other than its officers and directors. PPMC has no liabilities
      and/or debts towards any such officers and directors. PPMC has no agreement,
      obligation or commitment with respect to the election of any individual or
      individuals to PPMC's board of directors.

     

    
      
        
        

      

      
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    Section
      3.23 Previous Sales of Securities.

    

    Since
      inception, PPMC
      has sold Common Stock to investors only in reliance upon applicable
      exemptions from the registration requirements under any applicable law including
      the laws of the United States and any applicable states and all such sales
      were
      made in accordance with the laws of said jurisdictions. Except as provided
      in
      this Agreement, PPMC
      has not granted or agreed to grant any registration rights, including
      piggyback entity.

    

    Section
      3.24 Principals of PPMC.

    

    During
      the past five years, no officer or director of PPMC has been:

     

    (a)
      the
      subject of any bankruptcy petition filed by or against any business of which
      such person was a general partner or executive officer either at the time of
      the
      bankruptcy or within two years prior to that time;

    

    (b)
      the
      subject of any conviction in a criminal proceeding or being subject to a pending
      criminal proceeding (excluding traffic violations and other minor
      offenses);

    

    (c)
      the
      subject of any order, judgment, or decree, not subsequently reversed, suspended
      or vacated, of any court of competent jurisdiction, permanently or temporarily
      enjoining, barring, suspending or otherwise limiting his involvement in any
      type
      of business, securities or banking activities; or

    

    (d)
      found
      by a court of competent jurisdiction (in a civil action), the Commission or
      the
      Commodity Futures Trading Commission to have violated a federal or state
      securities or commodities law, and the judgment has not been reversed,
      suspended, or vacated.

    

    Section
      3.25 Tax-Free Exchange.

    

    PPMC
      has not taken any action, nor does PPMC
      know of any fact, that is reasonably likely to prevent the Exchange
      from
      qualifying as a "reorganization" within the meaning of Section 351 or 368 of
      the
      Code.

    

    Section
      3.26 Brokers and Finders.

    

    Neither
      PPMC,
      nor any of its respective officers, directors, employees or managers,
      has
      employed any broker, finder, advisor or consultant, or incurred any liability
      for any investment banking fees, brokerage fees, commissions or finders' fees,
      advisory fees or consulting fees in connection with the Exchange for which
PPMC
      has or could have any liability.

    

    Section
      3.27 Disclosure.

    

    As
      of the
      Closing Date, there is no known material fact or information relating to the
      business, condition (financial or otherwise), affairs, operations or assets
      of
PPMC
      and/or its subsidiaries that has not been disclosed in writing to PSF
      and/or the PSF SHAREHOLDERS by PPMC.
      No
representation or warranty of PPMC
      in this Agreement or any statement or document delivered in connection
      herewith or therewith, contained or will contain any untrue statement of a
      material fact or fail to state any material fact necessary in

     

    
      
        
        

      

      
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    order
      to
      make the statements made, in light of the circumstances under which they were
      made, not misleading.

    

    ARTICLE
      IV  REPRESENTATIONS
      AND WARRANTIES OF PSF

    

    PSF
      hereby makes the following representations and warranties to PPMC:

     

    Section
      4.1 Organization and Qualification.

    

    PSF
      is
      duly organized and validly existing under the laws of its jurisdiction of
      organization, with the corporate power and authority to own and operate its
      business as presently conducted, except where the failure to be or have any
      of
      the foregoing would not have a Material Adverse Effect. PSF is duly qualified
      as
      a foreign corporation to do business in each jurisdiction where the character
      of
      its properties owned or held under lease or the nature of its activities makes
      such qualification necessary, except for such failures to be so qualified as
      would not have a Material Adverse Effect. PSF has no subsidiaries.

    

    Section
      4.2 Authorization; Validity and Effect of Agreement.

    

    PSF
      has
      the requisite corporate power and authority to execute, deliver and perform
      its
      obligations under this Agreement and to consummate the Exchange. This Agreement
      has been duly and validly executed and delivered by PSF and, assuming that
      it
      has been duly authorized, executed and delivered by the other parties hereto,
      constitutes a legal, valid and binding obligation of PSF, in accordance with
      its
      terms except as limited by applicable bankruptcy, insolvency, reorganization,
      moratorium, and other laws of general application affecting enforcement of
      creditors' rights generally.

    

    Section
      4.3 No Conflict.

    

    Neither
      the execution and delivery of this Agreement by PSF nor the performance by
      PSF
      of its obligations hereunder, nor the consummation of the Exchange, will: (i)
      conflict with PSF's Certificate of Incorporation; (ii) violate any statute,
      law,
      ordinance, rule or regulation, applicable to PSF or any of its properties or
      assets; or (iii) violate, breach, be in conflict with or constitute a default
      (or an event which, with notice or lapse of time or both, would constitute
      a
      default) under, or permit the termination of any provision of, or result in
      the
      termination of, the acceleration of the maturity of, or the acceleration of
      the
      performance of any obligation of PSF, or result in the creation or imposition
      of
      any Lien upon any properties, assets or business of PSF under, any Material
      Contract or any order, judgment or decree to which PPMC is a party or by which
      it or any of its assets or Properties is bound or encumbered except, in the
      case
      of clauses (ii) or (iii), for such violations,breaches,conflicts, defaults
      or
      other occurrences which, individually or in the aggregate, would not have a
      Material Adverse Effect on its obligation to perform its covenants under this
      Agreement.

    

    Section
      4.4 Required Filings and Consents.

    

    The
      execution and delivery of this Agreement by PSF do not, and the performance
      of
      this Agreement by PSF will not require any

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    consent,
      approval, authorization or permit of, or filing with or notification to, any
      Governmental Authority, with respect to PSF, except: (i) compliance with
      applicable requirements of the Securities Act, the Exchange Act, and Blue Sky
      Laws; and (ii) where the failure to obtain such consents, approvals,
      authorizations or permits, or to make such filings or notifications would not,
      individually or in the aggregate, reasonably be expected to have a Material
      Adverse Effect on PSF, or materially delay consummation of the Exchange or
      otherwise prevent the parties hereto from performing their obligations under
      this Agreement.

    

    Section
      4.5 Capitalization.

    

    The
      authorized capital stock of PSF consists of 1500 shares of Common Stock par
      value $0.001, of which 1500 shares are issued and outstanding. All PSF Shares
      outstanding as of the date of this Agreement have been duly authorized and
      validly issued, are fully paid and non-assessable, and are free of pre-emptive
      rights.

    

    Section
      4.6 Financial Statements.

    

    PSF
      has
      previously furnished to PPMC true and complete copies of its unaudited balance
      sheet of PSF for the period ended December 31, 2005, and December 31, 2006
      and
      the related statements of operations, through December 31, 2006 (all of such
      financial statements of PSF collectively, the "PSF Financial Statements").
      The
      PSF Financial Statements (including the notes thereto) present fairly in all
      material respects the financial position and results of operations and cash
      flows of PSF at the date or for the period set forth therein, in each case
      in
      accordance with GAAP applied on a consistent basis throughout the periods
      involved (except as otherwise indicated therein). The PSF Financial Statements
      have been prepared from and in accordance with the books and records of PSF
      and
      its subsidiaries, as applicable.

    

    Section
      4.7 No Undisclosed Liabilities.

    

    Except
      as
      disclosed in the PSF Financial Statements, PSF has no material liabilities,
      indebtedness or obligations, except those that have been incurred in the
      ordinary course of business, whether absolute, accrued, contingent or otherwise,
      and whether due or to become due, and to the Knowledge of PSF, there is no
      existing condition, situation or set of circumstances that could reasonably
      be
      expected to result in such a liability, indebtedness or obligation.

    

    Section
      4.8 Properties and Assets.

    

    PSF
      has
      good and marketable title to, valid leasehold interests in, or the legal right
      to use, all of the assets, properties and leasehold interests reflected in
      the
      most recent PSF Financial Statements, except for those sold or otherwise
      disposed of since the date of such PSF Financial Statements in the ordinary
      course of business consistent with past practice.

    

    Section
      4.9 Litigation.

    

    There
      is
      no Action pending or threatened against PSF that, individually or in the
      aggregate, directly or indirectly, would be reasonably likely to have a Material
      Adverse Effect, nor is there any outstanding judgment, decree or injunction,
      in
      each case

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    against
      PSF,
      that, individually or in the aggregate, has or would be reasonably likely
      to have a Material Adverse Effect.

     

    Section
      4.10 Taxes.

    

    PSF
      has
      timely filed (or has had timely filed on its behalf) with the appropriate tax
      authorities all tax returns required to be filed by it or on behalf of it,
      and
      each such tax return was complete and accurate in all material respects, and
      PSF
      has timely paid (or has had paid on its behalf) all material Taxes due and
      owing
      by it, regardless of whether required to be shown or reported on a tax return,
      including Taxes required to be withheld by it. No deficiency for a material
      Tax
      has been asserted in writing or otherwise, to PSF's
      Knowledge, against PSF or with respect to any of its assets, except
      for
      asserted deficiencies that either (i) have been resolved and paid in full or
      (ii) are being contested in good faith. There are no material Liens for Taxes
      upon PSF's assets.

    

    Section
      4.11 Compliance.

    

    To
      PSF's
      Knowledge, PSF
      is
in compliance with all federal, state and local laws and regulations
      of
      any Governmental Authority applicable to its operations or with respect to
      which
      compliance is a condition of engaging in the business thereof, except to the
      extent that failure to comply would not, individually or in the aggregate,
      have
      a Material Adverse Effect. PSF has not received any notice asserting a failure,
      or possible failure, to comply with any such law or regulation, the subject
      of
      which notice has not been resolved as required thereby or otherwise to the
      satisfaction of the party sending the notice, except for such failure as would
      not, individually or in the aggregate, have a Material Adverse Effect. To PSF's
      Knowledge, PSF
      holds all permits, licenses and franchises from Governmental Authorities
      required to conduct its business as it is now being conducted, except for such
      failures to have such permits, licenses and franchises that would not,
      individually or in the aggregate, have a Material Adverse Effect.

    

    Section
      4.12 Absence of Certain Changes.

    

    Since
      the
      date of the most recent PSF
      Financial Statements,

    
      	
               

            	
              (i)

            	
              there
                has been no change or development in, or effect on, PSF
                that has or could reasonably be expected to have a Material
                Adverse
                Effect,

            

    

    
      	
               

            	
              (ii)

            	
              PSF
                has not sold, transferred, disposed of, or agreed to sell,
                transfer
                or dispose of, any material amount of its assets other than in the
                ordinary course of business,

            

    

    
      	
               

            	
              (iii)

            	
              PSF
                has not paid any dividends or distributed any of its assets
                to any
                of its shareholders,

            

      	 	(iv)	PSF
              has not acquired any material amount of assets except in the
              ordinary course of business, nor acquired or merged with any other
              business,

    

    
      	
               

            	
              (v)

            	
              PSF
                has not waived or amended any of its respective material contractual
                rights except in the ordinary course of business, and
                (vi)

            

    

    
      	
               

            	
              (vi)

            	
              PSF
                has not entered into any agreement to take any action described in
                clauses
                (i) through (v) above.

            

    

    

    Section
      4.13 Previous Sales of Securities.

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    Since
      inception, PSF has sold Common Stock to investors only in reliance upon
      applicable exemptions from the registration requirements under any applicable
      law including the laws of the United States of America.

     

    Section
      4.14 Principals of PSF.

    

    During
      the past five years, no officer or director of PSF has been:

    

    (a)
      the
      subject of any bankruptcy petition filed by or against any business of which
      such person was a general partner or executive officer either at the time of
      the
      bankruptcy or within two years prior to that time;

    

    (b)
      the
      subject of any conviction in a criminal proceeding or being subject to a pending
      criminal proceeding (excluding traffic violations and other minor
      offences);

    

    (c)
      the
      subject of any order, judgment, or decree, not subsequently reversed, suspended
      or vacated, of any court of competent jurisdiction, or temporarily enjoining,
      barring, suspending or otherwise limiting his involvement in any type of
      business, securities or banking activities; or

    

    (d)
      found
      by a court of competent jurisdiction (in a civil action), the Commission or
      the
      Commodity Futures Trading Commission to have violated a federal or state
      securities or commodities law, and the judgment has not been reversed,
      suspended, or vacated.

    

    Section
      4.15 Brokers and Finders.

     

    PSF
      has
      an obligation under separate agreement with Magnus Associates.

    
       

       

      ARTICLE
        V
REPRESENTATIONS
        AND WARRANTIES OF EACH PSF SHAREHOLDER

    Each
      PSF
      SHAREHOLDER, severally and not jointly, hereby make the following
      representations and warranties to PSF and PPMC:

    

    Section
      5.1 Authority and Validity.

    

    Each
      PSF
      SHAREHOLDER has all requisite power to execute and deliver, to perform its
      obligations under, and to consummate the transactions contemplated by, this
      Agreement.

     

    Section
      5.2 Validity.

    

    Upon
      the
      execution and delivery of each other document to which each PSF SHAREHOLDER
      is a
      party (assuming due execution and delivery by each other party thereto) each
      such other document will be the legal, valid and binding obligations of such
      PSF
      SHAREHOLDER, enforceable against such PSF SHAREHOLDER in accordance with their
      respective terms except as limited by applicable bankruptcy, insolvency,
      reorganization, moratorium, and other laws of general application affecting
      enforcement of creditors' rights generally.

     

    
      
        
        

      

      
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    Section
      5.3 No Breach or Violation.

    

    The
      execution, delivery and performance by each PSF
      SHAREHOLDER of this Agreement and each other document to which it is
      a
      party, and the consummation of the transactions contemplated hereby and thereby
      in accordance with the terms and conditions hereof and thereof, do not and
      will
      not conflict with (i) the certificate of incorporation or bylaws of such PSF
      SHAREHOLDER, if applicable, or (ii) any agreement to which such PSF
      SHAREHOLDER is a party, or by which such PSF
      SHAREHOLDER or such PSF
      SHAREHOLDER's Assets are bound or affected.

    

    Section
      5.4 Consents and Approvals.

    

    No
      consent, approval, authorization or order of, registration or filing with,
      or
      notice to, any Government Authority or any other Person is necessary to be
      obtained, made or given by each PSF
      SHAREHOLDER in connection with the execution, delivery and performance
      by
      such PSF
      SHAREHOLDER of this Agreement or any other document to which it is a
      party or for the consummation by such PSF
      SHAREHOLDER of the transactions contemplated hereby or
      thereby.

     

    Section
      5.5 Title.

    

    PSF
Shares
      to be delivered by each
PSF
      SHAREHOLDER in connection
      with the transactions contemplated herein are, and at the Closing will be owned,
      of record and beneficially, solely by such PSF
SHAREHOLDER,
      free and clear of any Lien
      and represent such PSF
SHAREHOLDER's
      entire ownership interest
      in PSF.

    

    Section
      5.6 Investor Status.

    

    Each
      PSF
      SHAREHOLDER is an "accredited investor" as that term is defined in Rule
      501(a) of Regulation D under the Securities Act and has properly completed
      the
      form attached hereto as Schedule III.

    

    Section
      5.7 No Government Review.

    

    Each
      PSF
      SHAREHOLDER understands that neither the SEC nor any securities
      commission or other Governmental Authority of any state, country or other
      jurisdiction has approved the issuance of the Common Stock or passed upon or
      endorsed the merits of the Common Stock or the Exchange Agreement or any of
      the
      other documents relating to the Exchange (collectively, the "Offering
      Documents"), or confirmed the accuracy of, determined the adequacy of, or
      reviewed the Exchange Agreement or the other Offering Documents.

     

    Section
      5.8 Investment Intent.

    

    The
      shares of Common Stock are being acquired by each PSF
      SHAREHOLDER for each PSF
      SHAREHOLDER's own account for investment purposes only, not as a nominee
      or agent and not with a view to the resale or distribution of any part thereof,
      and each PSF
      SHAREHOLDER has no present intention of selling, granting any
      participation in or otherwise distributing the same. Each PSF
      SHAREHOLDER further represents that the PSF
      SHAREHOLDER does not have any contract, undertaking, agreement or
      arrangement with any person to sell, transfer or grant participation to such
      person or third person with respect to any of PSF
      Shares.

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

     

    Section
      5.9 Restrictions on Transfer.

    

    Each
      PSF
      SHAREHOLDER understands that the shares of Common Stock have not been registered
      under the Securities Act or registered or qualified under any foreign or state
      securities law, and may not be, directly or indirectly, sold, transferred,
      offered for sale, pledged, hypothecated or otherwise disposed of without
      registration under the Securities Act and registration or qualification under
      applicable state securities laws or the availability of an exemption therefrom.
      In any case where such an exemption is relied upon by each PSF SHAREHOLDER
      from
      the registration requirements of the Securities Act and the registration or
      qualification requirements of such state securities laws, each PSF SHAREHOLDER
      shall furnish PPMC with an opinion of counsel stating that the proposed sale
      or
      other disposition of such securities may be effected without registration under
      the Securities Act and will not result in any violation of any applicable state
      securities laws relating to the registration or qualification of securities
      for
      sale, such counsel and opinion to be satisfactory to PPMC. Each PSF SHAREHOLDER
      acknowledges that it is able to bear the economic risks of an investment in
      the
      Common Stock for an indefinite period of time, and that its overall commitment
      to investments that are not readily marketable is not disproportionate to its
      net worth.

    

    Section
      5.10 Informed Investment.

    

    Each
      PSF
      SHAREHOLDER has made such investigations in connection herewith as it deemed
      necessary or desirable so as to make an informed investment decision without
      relying upon PSF for legal or tax advice related to this investment. In making
      its decision to acquire the Common Stock, each PSF SHAREHOLDER has not relied
      upon any information other than information contained in this Agreement and
      in
      the other Offering Documents.

     

    Section
      5.11 Access to Information.

    

    Each
      PSF
      SHAREHOLDER acknowledges that it has had access to and has reviewed all
      documents and records relating to PPMC,
      including, but not limited to, PPMC
      SEC Documents, that it has deemed necessary in order to make an informed
      investment decision with respect to an investment in PPMC;
      that it has had the opportunity to ask representatives of PPMC
      certain questions and request certain additional information regarding
      the terms and conditions of such investment and the finances, operations,
      business and prospects of PPMC
      and has had any and all such questions and requests answered to its
      satisfaction; and that based on the foregoing it understands the risks and
      other
      considerations relating to an investment in PPMC.

    

    Section
      5.12 Reliance on Representations.

    

    Each
      PSF
      SHAREHOLDER understands that the shares of Common Stock are being offered and
      sold to it in reliance on specific exemptions from the registration and/or
      public offering requirements of the U.S. federal and state securities laws
      and
      that PPMC and PSF is relying in part upon the truth and accuracy of, and such
      PSF SHAREHOLDER's compliance with, the representations, warranties, agreements,
      acknowledgments and understandings of such PSF SHAREHOLDER set forth herein
      in
      order to determine the availability

     

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

     

    of
      such
      exemptions and the eligibility of such PSF SHAREHOLDER to acquire the Common
      Stock. Each PSF SHAREHOLDER represents and warrants to PPMC and PSF that any
      information the PSF SHAREHOLDER has heretofore furnished or furnishes herewith
      to PPMC and PSF is complete and accurate, and further represents and warrants
      that it will notify and supply corrective information to PPMC and PSF
      immediately upon the occurrence of any change therein occurring prior to PSF's
      issuance of the Common Stock. Within five (5) days after receipt of a request
      from PSF, each PSF SHAREHOLDER will provide such information and such documents
      as may reasonably be necessary to comply with any and all laws and regulations
      to which PSF is subject.

    

    Section
      5.13 No General Solicitation.

    

    Each
      PSF
      SHAREHOLDER is unaware of, and in deciding to participate in the transactions
      contemplated hereby is in no way relying upon, and did not become aware of
      the
      transactions contemplated hereby through or as a result of, any form of general
      solicitation or general advertising including, without limitation, any article,
      notice, advertisement or other communication published in any newspaper,
      magazine or similar media, or broadcast over television or radio or the
      internet, in connection with the transactions contemplated hereby.

    

    Section
      5.14 Placement and Finder's Fees.

    

    No
      agent,
      broker, investment banker, finder, financial advisor or other person acting
      on
      behalf of the PSF SHAREHOLDER or under its authority is or will be entitled
      to
      any broker's or finder's fee or any other commission or similar fee, directly
      or
      indirectly, in connection with the transactions contemplated hereby, and no
      person is entitled to any fee or commission or like payment in respect thereof
      based in any way on any agreements, arrangements or understanding made by or
      on
      behalf of the PSF SHAREHOLDER.

    

    ARTICLE
      VI CERTAIN COVENANTS

    Section
      6.1 Conduct of Business by PPMC.

    

    Except
      (i) as expressly permitted or required by this Agreement, or (ii) with the
      consent of PSF, during the period commencing with the date of this Agreement
      and
      continuing until the Closing Date, PPMC shall remain inactive and not conduct
      (directly and/or indirectly, including through subsidiaries, other than
      subsidiaries that will be disposed of prior to Closing, and subject to the
      provisions hereof) any trade or business, preserve intact its business
      organizations and maintain the registration of PPMC and the Common Stock under
      the Exchange Act.

    

    Section
      6.2 Access to Information.

    

    At
      all
      times prior to the Closing or the earlier termination of this Agreement in
      accordance with the provisions of Article IX, and in each case subject to
      Section 6.3 below, each party hereto shall provide to the other party (and
      the
      other party's authorized representatives) reasonable access during normal
      business hours and upon reasonable prior notice to the premises, properties,
      books, records, assets, liabilities, operations, contracts, personnel, financial
      information and other data and information of or

     

    
      
        
        

      

      
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    relating
      to such party (including without limitation all written proprietary and trade
      secret information and documents, and other written information and documents
      relating to intellectual property rights and matters), and will cooperate with
      the other party in conducting its due diligence investigation of such party,
      provided that the party granted such access shall not interfere unreasonably
      with the operation of the business conducted by the party granting access,
      and
      provided that no such access need be granted to privileged information or any
      agreements or documents subject to confidentiality agreements.

    

    Section
      6.3 Confidentiality; No Solicitation.

    

    Each
      party shall hold, and shall cause its respective Affiliates and representatives
      to hold, all Confidential Information made available to it in connection with
      the Exchange in strict confidence, shall not use such information except for
      the
      sole purpose of evaluating the Exchange and shall not disseminate or disclose
      any of such information other than to its directors, officers, managers,
      employees, shareholders, interest holders, Affiliates, agents and
      representatives, as applicable, who need to know such information for the sole
      purpose of evaluating the Exchange (each of whom shall be informed in writing
      by
      the disclosing party of the confidential nature of such information and directed
      by such party in writing to treat such information confidentially). The above
      limitations on use, dissemination and disclosure shall not apply to Confidential
      Information that (i) is learned by the disclosing party from a third party
      entitled to disclose it; (ii) becomes known publicly other than through the
      disclosing party or any third party who received the same from the disclosing
      party, provided that the disclosing party had no Knowledge that the disclosing
      party was subject to an obligation of confidentiality; (iii) is required by
      law
      or court order to be disclosed by the parties; or (iv) is disclosed with the
      express prior written consent thereto of the other party. The parties shall
      undertake all necessary steps to ensure that the secrecy and confidentiality
      of
      such information will be maintained. In the event a party is required by court
      order or subpoena to disclose information which is otherwise deemed to be
      confidential or subject to the confidentiality obligations hereunder, prior
      to
      such disclosure, the disclosing party shall: (i) promptly notify the
      non-disclosing party and, if having received a court order or subpoena, deliver
      a copy of the same to the non-disclosing party; (ii) cooperate with the
      non-disclosing party, at the expense of the non-disclosing party, in obtaining
      a
      protective or similar order with respect to such information; and (iii) provide
      only that amount of information as the disclosing party is advised by its
      counsel is necessary to strictly comply with such court order or
      subpoena.

    

    Section
      6.4 Further Assurances.

    

    Each
      of
      the parties hereto agrees to use its best efforts before and after the Closing
      Date to take or cause to be taken all action, to do or cause to be done, and
      to
      assist and cooperate with the other party hereto in doing, all things necessary,
      proper or advisable under applicable laws to consummate and make effective,
      in
      the most expeditious manner practicable, the Exchange, including, but not
      limited to: (i) satisfying the conditions precedent to the obligations of any
      of
      the parties hereto; (ii) obtaining all waivers, consents and approvals from
      other parties necessary for the consummation of the Exchange, (iii) making
      all
      filings with, and

     

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

     

    obtain
      all consents, approvals and authorizations that are required
      to be obtained from, Governmental Authorities, (iv) defending of any lawsuits
      or
      other legal proceedings, whether judicial or administrative, challenging this
      Agreement or the performance of the obligations hereunder; and (v) executing
      and
      delivering such instruments, and taking such other actions, as the
      other
      party hereto may reasonably require in order to carry out the intent of this
      Agreement.

    

    Section
      6.5 Public Announcements.

    

    PPMC,
      the PSF SHAREHOLDERS and PSF shall consult with each other before issuing
      any press release or otherwise making any public statements with respect to
      the
      Exchange or this Agreement, and shall not issue any other press release or
      make
      any other public statement without prior consent of the other parties, except
      as
      may be required by law or, with respect to PPMC,
      by obligations pursuant to rule or regulation of the Exchange Act, the
      Securities Act, any rule or regulation promulgated thereunder or any rule or
      regulation of the National Association of Securities Dealers.

    

    Section
      6.6 Notification of Certain Matters.

    

    Each
      party hereto shall promptly notify the other party in writing of any events,
      facts or occurrences that would result in any breach of any representation
      or
      warranty or breach of any covenant by such party contained in this
      Agreement.

     

    Section
      6.7 Financial Statements.

    

    PSF
      shall
      use its best efforts to have its accountant consent to PPMC's
      use of and reliance on the PSF unaudited Financial Statements as may
      be
      required in connection with any filings made by PPMC under the United States
      federal securities laws and or in compliance of National Association of
      Securities Dealers rules and regulations.

    

    Section
      6.8 Prohibition on Trading in PPMC Securities.

    

    All
      parties acknowledge that
      information concerning the matters that are the subject matter of this Agreement
      may constitute material non-public information under United States federal
      securities laws, and that United States federal securities laws prohibit any
      person who has received material non-public information relating to PPMC from
      purchasing or selling securities
      of PPMC,or
      from communicating such information
      to any person under circumstances in which it is reasonably foreseeable that
      such person is likely to purchase or sell securities of PPMC. Accordingly,
      until
      such time as any such non-public information has been adequately disseminated
      to
      the public, the parties to this Agreement shall not purchase or sell any
      securities of PPMC.

    

    Section
      6.9 Tax-Free Exchange Status.

    

    The
      parties hereto shall take (or refrain from taking) any and all actions necessary
      to ensure that, for United States federal income tax purposes: (i) the Exchange
      shall qualify as a reorganization within the meaning of 368(a)(1)(B) of the
      Code, and (ii) that the tax consequences to the shareholders

    of
      both
      companies are minimized.

     

    
      
        
        

      

      
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    Section
      6.10 Disposition of Assets and Liabilities.

    

    Prior
      to
      the Closing, PPMC shall take all action required in order to dispose of all
      of
      PPMC's Assets (other than cash, cash equivalents and marketable securities)
      and
      satisfy all of its Liabilities in accordance with any and all applicable laws
      and regulations. PPMC shall indemnify and hold PSF and the PSF SHAREHOLDERS
      harmless from and/or against any and all demands, claims, actions or causes
      of
      action, judgments, assessments, losses, liabilities (including tax liabilities),
      damages or penalties and reasonable attorneys' fees and related disbursements
      suffered by PSF, the PSF SHAREHOLDERS and/or PPMC resulting from or arising
      out
      of or in connection with any such Assets and/or Liabilities of
      PPMC.

     

    Section
      6.11 Waiver of Claims.

    

    Each
      PSF
      SHAREHOLDER for himself and his heirs, executors, administrators, attorneys
      and
      assigns, hereby releases and acknowledges full accord, satisfaction, discharge
      and settlement of, and further irrevocably and unconditionally forever releases,
      remises, and acquits PSF and any of its present or former officers, directors,
      shareholders, employees, agents, affiliates, parents, subsidiaries,
      predecessors, successors, attorneys and assigns (the "PSF Released Parties")
      of
      and from any and all manner of actions, causes of action, arbitrations,
      controversies, expenses, damages, liabilities, demands, claims, counterclaims,
      cross-claims, obligations, losses, costs, promises, covenants, agreements,
      and
      suits of any kind or nature, whether known or unknown, whether contingent or
      fixed, whether developed or undeveloped, in law or equity, in tort or in
      contract from the beginning of time through the date of the full execution
      of
      this Agreement and the attachments and schedules hereto which he may have or
      claim to have against PSF Released Parties. Each PSF SHAREHOLDER expressly
      acknowledges that such claims released and discharged by this Section include,
      but are not limited to, any and all claims against PSF Released Parties for
      remuneration, compensation or benefits (including but not limited to fees,
      salary, expense reimbursements, commissions, stock, options or warrants for
      stock, success fees, insurance or other benefits, or any other form of
      remuneration, compensation or benefits of any kind) and any and all other claims
      of any kind and nature arising prior to execution of this Agreement and the
      attachments and schedules hereto, which relate in any way to PSF. This release
      shall extend to all claims, known and unknown.

    

    Section
      6.12 Attorney Review

    

    Both
      parties agree to cooperate in good faith with regards to attorney review of
      this
      Agreement.

    

    ARTICLE
      VII  CONDITIONS
      TO CONSUMMATION OF THE EXCHANGE 

     

    Section
      7.1 Conditions to Obligations of PSF.

    

    The
      obligations of PSF and PSF SHAREHOLDERS to consummate the Exchange shall be
      subject to the fulfillment, or written waiver by PSF, at or prior to the
      Closing, of each of the following conditions:

     

    
      
        
        

      

      
        19

        
          

        

      

      
        
        

      

    

     

    (a)
      PPMC
      shall have delivered to PSF each of the documents required by Section 2.2(a)
      of
      this Agreement;

    

    (b)
      The
      representations and warranties of PPMC set out in this Agreement shall be true
      and correct in all material respects at and as of the time of the Closing as
      though such representations and warranties were made at and as of such
      time;

     

    (c)
      PPMC
      shall have performed and complied in all material respects with all covenants,
      conditions, obligations and agreements required by this Agreement to be
      performed or complied with by such parties on or prior to the Closing
      Date;

    

    (d)
      All
      consents, approvals, permits, authorizations and orders required to be obtained
      from, and all registrations, filings and notices required to be made with or
      given to, any Governmental Authority or Person as provided herein shall have
      been obtained;

    

    (e)
      PSF
      shall have completed a due diligence review of the business, operations,
      financial condition and prospects of PPMC and shall have been satisfied with
      the
      results of its due diligence review in its sole and absolute
      discretion;

    

    (f)
      There
      has been no Material Adverse Effect on the business, condition or prospects
      of
PPMC
      until the Closing Date;

    

    (g)
PPMC
      shall file if applicable with the SEC a Schedule 14(f)-l with respect
      to
      the change of control transactions described in this Agreement, and shall have
      caused the Schedule 14(f)01 to be mailed to each registered holder of its Common
      Stock;

    

    (h)
PPMC
      shall have no Assets (other than cash, cash equivalents and marketable
      securities) or Liabilities;

    

    (i)
      Holders of all of the PSF Shares shall have become party to the Exchange;
      and

    

    (k)
      The
      outstanding shares of Common Stock of PPMC
      prior to the Closing shall not exceed 7,500,000 shares.

    

    Section
      7.2 Conditions to Obligations
      of PPMC.

    

    The
      obligations of PPMC to consummate the Exchange shall be subject to the
      fulfillment, or written waiver by PPMC, at or prior to the Closing of each
      of
      the following conditions:

    

    (a)
      PSF
      shall have delivered to PPMC each of the documents required by Section 2.2(b)
      of
      this Agreement;

    

    (b)
      The
      PSF SHAREHOLDERS shall have delivered to PPMC the documents required by Section
      2.2(c) of this Agreement;

    

    (c)
      The
      representations and warranties of PSF and the PSF SHAREHOLDERS set out in this
      Agreement shall be true and correct in all material respects at and as of the
      time of the Closing as though such representations and warranties were made
      at
      and as of such time;

     

    (d)
      PSF
      shall have performed and complied in all material respects

     

    
      
        
        

      

      
        20

        
          

        

      

      
        
        

      

    

     

    with
      all
      covenants, conditions, obligations and agreements required by this Agreement
      to
      be performed or complied with by PSF on or prior to the Closing
      Date;

    

    (e)
      All
      consents, approvals, permits, authorizations and orders required to be obtained
      from, and all registrations, filings and notices required to be made with or
      given to, any Governmental Authority or Person as provided herein shall have
      been obtained;

    

    (f)
      PPMC
      shall have completed a due diligence review of the business, operations,
      financial condition and prospects of PSF and shall have been satisfied with
      the
      results of its due diligence review in its sole and absolute
      discretion;

    

    (g)
      There
      has been no Material Adverse Effect on the business, condition;

    

    (h)
      PSF
      shall have paid all of the costs and expenses of PSF associated with the
      transactions contemplated herein;

    

    (i)
      Holders of at least 100% of PSF Shares shall have become party to the Exchange;
      and

    

    ARTICLE
      VIII INDEMNIFICATION

    

    Section
      8.1 Indemnification by PPMC.

    

    (a)
      Notwithstanding any other indemnification provision hereunder, PPMC (the
      "Indemnifying Party") shall indemnify and hold harmless PSF and its officers,
      directors and employees and each of the PSF SHAREHOLDERS (each an "Indemnified
      Party"), from and against any and all demands, claims, actions or causes of
      action, judgments, assessments, losses, liabilities, damages or penalties and
      reasonable attorneys' fees and related disbursements (collectively, "Claims")
      suffered by such Indemnified Party resulting from or arising out of (i) any
      inaccuracy in or breach of any of the representations or warranties made by
      the
      Indemnifying Party at the time they were made, and, except for representations
      and warranties that speak as of a specific date or time (which need only be
      true
      and correct as of such date or time), on and as of the Closing Date, (ii) any
      breach or nonfulfillment of any covenants or agreements made by the Indemnifying
      Party, (iii) any misrepresentation made by the Indemnifying Party, in each
      case
      as made herein or in the Schedules or Exhibits annexed hereto or in any closing
      certificate, schedule or any ancillary certificates or other documents or
      instruments furnished by the Indemnifying Party pursuant hereto or in connection
      with the Exchange, (iv) any untimely filing of or inaccuracy in, any SEC
      Document, and (v) the operations and liabilities of PPMC and/or any of its
      subsidiaries, whether known or unknown, arising out of any action, omission
      and/or period of time preceding the Closing Date, including but not limited
      to
      any taxes levied with respect to same. The Indemnified Party's right hereunder
      may be exercised against the Chairman of PPMC executing this Agreement, whether
      together and/or apart, before and/or after, with or without, exercising same
      right against PPMC, all upon the Indemnified Party's sole
      discretion.

    

    Section
      8.2 Indemnification by PSF.

     

    
      
        
          
          

        

        
          21

          
            

          

        

        
          
          

        

      

    

     

    (a)
      Notwithstanding any other indemnification provision hereunder, PSF and the
      PSF
      SHAREHOLDERS (each, the "Indemnifying Party") shall, severally and jointly,
      indemnify and hold harmless PPMC, its officers,directors, attorneys, accountants
      and employees (each an "Indemnified Party"), from and against any and all
      demands, claims, actions or causes of action, judgments, assessments, losses,
      liabilities, damages or penalties and reasonable attorneys' fees and related
      disbursements (collectively, "Claims") suffered by such Indemnified Party
      resulting from or arising out of (i) any inaccuracy in or breach of any of
      the
      representations or warranties made by the Indemnifying Party at the time they
      were made, and, except for representations and warranties that speak as of
      a
      specific date or time (which need only be true and correct as of such date
      or
      time), on and as of the Closing Date, (ii) any breach or nonfulfillment of
      any
      covenants or agreements made by the Indemnifying Party, or (iii) any
      misrepresentation made by the Indemnifying Party, in each case as made herein
      or
      in the Schedules or Exhibits annexed hereto or in any closing certificate,
      schedule or any ancillary certificates or other documents or instruments
      furnished by the Indemnifying Party pursuant hereto or in connection with the
      Exchange.

    

    Section
      8.3 Indemnification Procedures for Third-Party Claim.

    

    (a)
      Upon
      obtaining knowledge of any Claim by a third party which has given rise to,
      or is
      expected to give rise to, a claim for indemnification hereunder, the Indemnified
      Party shall give written notice ("Notice of Claim") of such claim or demand
      to
      the Indemnifying Party, specifying in reasonable detail such information as
      the
      Indemnified Party may have with respect to such indemnification claim (including
      copies of any summons, complaint or other pleading which may have been served
      on
      it and any written claim, demand, invoice, billing or other document evidencing
      or asserting the same). No failure or delay by the Indemnified Party in the
      performance of the foregoing shall reduce or otherwise affect the obligation
      of
      the Indemnifying Party to indemnify and hold the Indemnified Party harmless,
      except to the extent that such failure or delay shall have actually adversely
      affected the Indemnifying Party's ability to defend against, settle or satisfy
      any Claims for which the Indemnified Party entitled to indemnification
      hereunder.

    

    (b)
      If
      the claim or demand set forth in the Notice of Claim given by an Indemnified
      Party pursuant to Section 8.1 hereof is a claim or demand asserted by a third
      party, the Indemnifying Party shall have fifteen (15) days after the date on
      which Notice of Claim is given to notify Indemnified Party in writing of their
      election to defend such third party claim or demand on behalf of the Indemnified
      Party. If the Indemnifying Party elects to defend such third party claim or
      demand, Indemnified Party shall make available to the Indemnifying Party and
      its
      agents and representatives all records and other materials that are reasonably
      required in the defense of such third party claim or demand and shall otherwise
      cooperate with, and assist the Indemnifying Party in the defense of, such third
      party claim or demand. So long as the Indemnifying Party is defending such
      third
      party claim in good faith, the Indemnified Party shall not pay, settle or
      compromise such third party claim or demand. If the Indemnifying Party elects
      to
      defend such third party claim or demand, the Indemnified Party shall have the
      right to participate in the defense of such third party claim or demand, at
      such
      Indemnified Party's own expense. In the event,

     

    
      
        
        

      

      
        22

        
          

        

      

      
        
        

      

    

     

    however,
      that such Indemnified Party reasonably determines that representation by counsel
      to the Indemnifying Party of both the Indemnifying Party and such Indemnified
      Party could reasonably be expected to present counsel with a conflict of
      interest, then the Indemnified Party may employ separate counsel to represent
      or
      defend it in any such action or proceeding and the Indemnifying Party will
      pay
      the fees and expenses of such counsel. If the Indemnifying Party does not elect
      to defend such third party claim or demand or does not defend such third party
      claim or demand in good faith, the Indemnified Party shall have the right,
      in
      addition to any other right or remedy it may have hereunder, at the Indemnifying
      Party's expense, to defend such third party claim or demand; provided, however,
      that (i) such Indemnified Party shall not have any obligation to participate
      in
      the defense of, or defend, any such third party claim or demand; (ii) such
      Indemnified Party's defense of or its participation in the defense of any such
      third party claim or demand shall not in any way diminish or lessen the
      obligations of the Indemnifying Party under the agreements of indemnification
      set forth in this Article VII; and (iii) such Indemnified Party may not settle
      any claim without the consent of the Indemnifying Party, which consent shall
      not
      be unreasonably withheld or delayed.

    

    (c)
      The
      Indemnifying Party and the other Indemnified Parties, if any, shall cooperate
      fully in all aspects of any investigation, defense, pre-trial in respect of
      which indemnity is sought pursuant to this Article VIII, including, but not
      limited to, by providing the other party with reasonable access to employees
      and
      officers (including as witnesses) and other information.

    

    (d)
      Except for third party claims being defended in good faith, the Indemnifying
      Party shall satisfy its obligations under this ARTICLE VIII in respect of a
      valid claim for indemnification hereunder that is not contested by PSF in good
      faith in cash within thirty (30) days after the date on which Notice of Claim
      is
      given.

    

    Section
      8.4 Indemnification Procedures for Non-Third Party Claims.

    

    In
      the
      event any Indemnified Party should have an indemnification claim against the
      Indemnifying Party under this Agreement that does not involve a claim by a
      third
      party, the Indemnified Party shall promptly deliver notice of such claim
      to the Indemnifying Party in writing and in reasonable detail. The failure
      by
      any Indemnified Party to so notify the Indemnifying Party shall not relieve
      the
      Indemnifying Party from any liability that it may have to such Indemnified
      Party, except to the extent that the Indemnifying Party has been actually
      prejudiced by such failure. If the Indemnifying Party does not notify the
      Indemnified Party within fifteen (15) Business Days following its receipt of
      such notice that the Indemnifying Party disputes such claim, such claim
      specified by the Indemnifying Party in such notice shall be conclusively deemed
      a liability of the Indemnifying Party under this Article VIII and the
      Indemnifying Party shall pay the amount of such liability to the Indemnified
      Party on demand, or in the case of any notice in which the amount of the claim
      is estimated, on such later date when the amount of such claim is finally
      determined. If the Indemnifying Party disputes its liability with respect to
      such claim in a timely manner, PSF and the Indemnified Party
      shall proceed in good faith to negotiate a resolution of such dispute and,
      if
      not resolved through negotiations, such dispute

     

    
      
        
        

      

      
        23

        
          

        

      

      
        
        

      

    

     

    shall
      be
      resolved pursuant to Section 10.11. Section 8.5 Limitations on
      Indemnification.

    

    No
      claim
      for indemnification under this Article VIII shall be asserted by, and no
      liability for such indemnify shall be enforced against, the Indemnifying Party
      to the extent the Indemnified Party has theretofore received indemnification
      or
      otherwise been compensated for such Claim. In the event that an Indemnified
      Party shall later collect any such amounts recovered under insurance policies
      with respect to any Claim for which it has previously received payments under
      this Article VIII from the Indemnifying Party, such Indemnified Party shall
      promptly repay to the Indemnifying Party such amount recovered.

     

    
       

      ARTICLE
        IX TERMINATION

       

    

     

    Section
      9.1 Termination.

    

    This
      Agreement may be terminated at any time prior to the Closing: (a) by mutual
      consent of PPMC and PSF;

    

    (b)
      by
      PSF, if the Closing shall not have occurred on or before May 30, 2007, or if
      any
      of the conditions to the Closing set forth in Section 7.1 shall have become
      incapable of fulfillment by May 30, 2007 and shall not have been waived in
      writing by PSF; provided, however, that the right to terminate this Agreement
      under this Section 9.1(b) shall not be available to PSF if its action or failure
      to act has been a principal cause of or resulted in the failure of the Exchange
      to occur on or before such date and such action or failure to act constitutes
      a
      breach of this Agreement;

    

    (c)
      by
      PPMC, if the Closing shall not have occurred on or before May 30, 2007 or if
      any
      of the conditions to the Closing set forth in Section 7.2 shall have become
      incapable of fulfillment by May 30, 2007 and shall not have been waived in
      writing by PPMC; provided, however, that the right to terminate this Agreement
      under this Section 9.1(c) shall not be available to PPMC if its action or
      failure to act has been a principal cause of or resulted in the failure of
      the
      Exchange to occur on or before such date and such action or failure to act
      constitutes a breach of this Agreement;

    

    (d)
      by
      PPMC or PSF if any Governmental or judicial Authority shall have issued an
      injunction, order, decree or ruling or taken any other action restraining,
      enjoining or otherwise prohibiting any material portion of the Exchange and
      such
      injunction, order, decree, ruling or other action shall have become final and
      nonappealable;

    

    Section
      9.2 Procedure and Effect of Termination.

    

    In
      the
      event of termination of this Agreement pursuant to Section 9.1 hereof, written
      notice thereof shall forthwith be given by the terminating party to the other
      party, and, except as set forth below, this Agreement shall terminate and be
      void and have no effect and the Exchange shall be abandoned without any further
      action by the parties hereto; provided that, if such termination shall
      result

     

    
      
        
        

      

      
        24

        
          

        

      

      
        
        

      

    

     

    from
      the
      failure of or agreement in this of any representation a party to perform a
      covenant, obligation Agreement or from the breach by PPMC, or PSF or warranty
      contained herein, such party shall be fully liable for any and all damages
      incurred or suffered by the other party as a result of such failure or breach.
      The provisions of Section 6.3, Section 6.5, Section 9.2, and ARTICLE VIII hereof
      (with the exception of Section 10.5 only)and ARTICLE X shall survive the
      termination of this Agreement for any reason whatsoever.

    

    

    ARTICLE
      X
MISCELLANEOUS

     

    Section
      10.1 Entire Agreement.

    

    This
      Agreement and the Schedules and Exhibits hereto contain the entire agreement
      between the parties and supersedes all prior agreements and understandings,
      both
      written and oral, between the parties with respect to the

    subject
      matter hereof.

    

    Section
      10.2 Amendment and Modifications.

    

    This
      Agreement may not be amended, modified or supplemented except by an instrument
      or instruments in writing signed by the party against whom enforcement of any
      such amendment, modification or supplement is sought.

    

    Section
      10.3 Extensions and Waivers.

    

    At
      any
      time prior to the Closing, the parties hereto entitled to the benefits of a
      term
      or provision may (a) extend the time for the performance of any of the
      obligations or other acts of the parties hereto, (b) waive any inaccuracies
      in
      the representations and warranties contained herein or in any document,
      certificate or writing delivered pursuant hereto, or (c) waive compliance with
      any obligation, covenant, agreement or condition contained herein. Any agreement
      on the part of a party to any such extension or waiver shall be valid only
      if
      set forth in an instrument or instruments in writing signed by the party against
      whom enforcement of any such extension or waiver is sought. No failure or delay
      on the part of any party hereto in the exercise of any right hereunder shall
      impair such right or be construed to be a waiver of, or acquiescence in, any
      breach of any representation, warranty, covenant or agreement.

    

    Section
      10.4 Successors and Assigns.

    

    This
      Agreement shall be binding upon and inure to the benefit of the parties hereto
      and their respective successors and assigns, provided, however, that no party
      hereto may assign its rights or delegate its obligations under this Agreement
      without the express prior written consent of the other party hereto. Except
      as
      provided in Article VIII, nothing in this Agreement is intended to confer upon
      any person not a party hereto (and their successors and assigns) any rights,
      remedies, obligations or liabilities under or by reason of this
      Agreement.

    

    Section
      10.5 Survival of Representations, Warranties and Covenants.

    
       

      
        
          
          

        

        
          25

          
            

          

        

        
          
          

        

      

       

    

    The
      representations and warranties contained herein shall survive the Closing and
      shall thereupon terminate two (2) years from the Closing. All covenants and
      agreements contained herein which by their terms contemplate actions following
      the Closing shall survive
      the Closing and remain in full force and effect in accordance with their
      terms.

    

    Section
      10.6 Headings; Definitions.

    

    The
      Section and Article headings contained in this Agreement are inserted for
      convenience of reference only and will not affect the meaning or interpretation
      of this Agreement. All references to Sections or Articles contained herein
      mean
      Sections or Articles of this Agreement unless otherwise stated. All capitalized
      terms defined herein are equally applicable to both the singular and plural
      forms of such terms.

    

    Section
      10.7 Severability.

    

    If
      any
      provision of this Agreement or the application thereof to any Person or
      circumstance is held to be invalid or unenforceable to any extent, the remainder
      of this Agreement shall remain in full force and effect and shall be reformed
      to
      render the Agreement valid and enforceable while reflecting to the greatest
      extent permissible the intent of the parties.

    

    Section
      10.8 Specific Performance.

    

    The
      parties hereto agree that in the event that any party fails to consummate the
      Exchange in accordance with the terms of this Agreement, irreparable damage
      would occur, no adequate remedy at law would exist and damages would be
      difficult to determine. It is accordingly agreed that the parties shall be
      entitled to specific performance in such event, without the necessity of proving
      the inadequacy of money damages as a remedy, in addition to any other remedy
      at
      law or in equity.

     

    Section
      10.9 Notices.

    

    All
      notices hereunder shall be sufficiently given for all purposes hereunder if
      in
      writing and delivered personally, sent by documented overnight delivery service
      or, to the extent receipt is confirmed, telecopy, telefax, email or other
      electronic transmission service to the appropriate address or number as set
      forth below (or any other address duly notified by a party hereto pursuant
      to
      the provisions of this Section 10.9).

    

    If
      to
      PPMC:

    If
      to
      PSF:

     

    
      
        
        

      

      
        26

        
          

        

      

      
        
        

      

    

     

    

     

    Section
      10.10 Governing Law.

    

    This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of Delaware, without regard to the conflicts of laws
      principles.

    

    Section
      10.11 Consent to Jurisdiction.

    

    Any
      action, suit or other legal proceeding which is commenced to resolve any matter
      arising under or relating to any provision of this Agreement shall be commenced
      only in a state or federal court of competent jurisdiction the State of Nevada
      and the parties hereto each consents to the jurisdiction of such a
      court.

    

    Section
      10.12 Counterparts.

    

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

    

    Section
      10.13 Certain Definitions. As used herein:

    

    (a)
      "Affiliate" shall have the meanings ascribed to such term in Rule 12b-2 of
      the
      Exchange Act;

    

    (b)
      "Business Day" shall mean any day other than a Saturday, Sunday or a day on
      which federally chartered financial institutions are not open for
      business.

    

    (c)
      "Confidential Information" shall mean the existence and contents of this
      Agreement and the Schedules and Exhibits hereto, and all proprietary technical,
      economic, environmental, operational, financial and/or business information
      or
      material of one party which, prior to or following the Closing Date, has been
      disclosed by PSF, on the one hand, or PPMC, on the other hand, in written,
      oral
      (including by recording), electronic, or visual form to, or otherwise has come
      into the possession of, the other;

    

    (d)
      "Contract" shall mean any oral, written or implied contracts, agreements,
      licenses, instruments, indentures leases, powers of attorney, guaranties, surety
      arrangements or other commitments of any kind;

     

    (e)
      "Exchange Act" shall mean the Securities Exchange Act of 1934, as amended,
      and
      the rules and regulations promulgated thereunder;

    

    (f)
      "GAAP" shall mean generally accepted accounting principles in the United States
      as in effect on the date or for the period with respect to which such principles
      are applied;

    

    (g)
      "Governmental Authority" shall mean any nation or government, any state,
      municipality or other political subdivision thereof and any entity, body,
      agency, commission or court, whether 

     

     

    
      
        
        

      

      
        27

        
          

        

      

      
        
        

      

    

     

    domestic,
      foreign or multinational, exercising executive, legislative,judicial, regulatory
      or administrative functions of or pertaining to government and any executive
      official thereof;

    

    (h)
      "Knowledge" shall mean (i) with respect to an individual, knowledge of a
      particular fact or other matter, if such individual is aware of such fact
or other matter, and (ii) with respect to a Person that is not
      an individual, knowledge of a particular fact or other matter if any individual
      who is serving, or who has at any time served, as a director, officer, partner,
      executor, or trustee of such Person (or in any similar capacity) has, or at
      any
      time had, knowledge of such fact or other matter;

    

    (i)
      "Lien" shall mean any security or other property interest or right, claim,
      lien,
      pledge, option, charge, security interest, contingent or conditional sale,
      or
      proxy, pre-emptive rights, first refusal rights, participation rights, or other
      title claim or retention agreement, interest or other right or claim of third
      parties, whether perfected or not perfected, voluntarily incurred or arising
      by
      operation of law, and including any agreement (other than this Agreement) to
      grant or submit to any of the foregoing in the future;

    

    (j)
      "Material Adverse Effect" shall mean any adverse effect on the business,
      condition (financial or otherwise) or results of operation of the applicable
      entity;

    

    (k)
      "Material Contract" shall mean any Contract, other than equipment and furniture
      leases entered into in the ordinary course of business,the liabilities or
      commitments associated therewith exceed, in the case of PSF, $1,000 individually
      or $5,000 in the aggregate;

    

    (1)
      "Person" shall mean any individual, corporation, partnership, association,
      trust
      or other entity or organization, including a governmental or political
      subdivision or any agency or institution thereof;

    

    (m)
      "SEC"
      shall mean the Securities and Exchange Commission;

    

    (n)
      "Securities Act" shall mean the Securities Act of 1933, as amended, and the
      rules and regulations promulgated thereunder; and

    

    (o)
      "Taxes" shall mean all taxes (whether U.S. federal, state, local or other
      non-U.S.) based upon or measured by income and any other tax whatsoever,
      including, without limitation, gross receipts, profits, sales, levies, imposts,
      deductions, charges, rates, duties, use, occupation, value added, ad valorem,
      transfer, franchise,withholding, payroll and social security, employment,
      excise, stamp duty or property taxes, together with any interest, penalties,
      charges or fees imposed with respect thereto.

     

     

    
 

     

    
 

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    IN
      WITNESS WHEREOF, each of the parties have caused this Agreement to be signed
      by
      their respective officers hereunto duly authorized, all as of the date first
      written above.

    

    PURCHASE
      POINT MEDIA CORP.

    

    By:  /s/
      Albert Folsom

    ­Name:
      Albert Folsom, 

           
      Title: Chairman and President

    

    

    POWER
      SPORTS FACTORY, INC.

    

    By: /s/
      Steve Rubakh

    ­Name:
      Steve Rubak,

           
      Title:  Chairman and President

     

    PSF
      SHAREHOLDERS' COUNTERPART SIGNATURE PAGE 

    [Signature
      page must be executed by each PSF Shareholder] 

    (PSF
      Shareholders must also complete Schedule II)

     

     

     

                                                                  
      

    (Print
      Name of Investor)

    

    By:  /s/
      Steve Rubakh

    ­Name:

    Title:

     

     

    
      
        
        

      

      
        29ex10h.htm

    EXHIBIT
      10(h)

    

    

    

    AMENDMENT

    

    TO

    

    SHARE
      EXCHANGE AND ACQUISITION AGREEMENT

    

    BY
      AND
      AMONG

    

    PURCHASE
      POINT MEDIA CORP.

    

    AND

    

    POWER
      SPORTS FACTORY, Inc.

    

    

    THIS
      AMENDMENT, dated as of August 31, 2007 (“this Amendment”), amends the Share
      Exchange and Acquisition Agreement, made and entered into as of April 24, 2007
      (the “Agreement”), by and among Purchase Point Media Corp., a Minnesota
      corporation ("PPMC"), and Power Sports Factory, Inc., a Delaware corporation
      ("PSF"), and Stanislav Rubakh, the sole shareholder of PSF (the "PSF
      SHAREHOLDER").  Unless otherwise provided in this Amendment, defined
      terms used herein shall have the same meaning as provided in the
      Agreement.

    

    RECITALS

    

    A.         The
      Agreement provides that PPMC shall acquire from the PSF SHAREHOLDER all of
      the
      PSF Shares owned by such shareholder on the Closing Date in exchange for the
      issuance and delivery by PPMC of one share of Common Stock, no par value, of
      PPMC ("Common Stock"), for each common share of PSF (the "Exchange Ratio"),
      on
      the terms and conditions set forth in the Agreement (the "Exchange");
      and

    

    B.          It
      is intended that, for federal income tax purposes, the Exchange shall qualify
      as
      an exchange described in Section 351 of the of the Internal Revenue Code of
      1986, as amended (the "Code") and a reorganization described in Section 368
      of
      the Code.

    

    C.          The
      Agreement provides that prior to Closing (1) a 1:20 reverse split of the
      outstanding Common Stock of PPMC shall take place, pursuant to which PPMC will
      have no more than 7,620,000 shares of Common Stock outstanding (the “Reverse
      Split”), and (2) that the current business of PPMC shall be spun off to
      stockholders of record on May 2, 2007, in a dividend (the “PPMC
      Dividend”).

    

    D.          On
      May 4 and May 14, 2007, PPMC filed Preliminary and Definitive Information
      Statements (collectively, the “Information Statement”) with the Securities and
      Exchange Commission (“SEC”), with regards to the Reverse Split, the PPMC
      Dividend and the change of PPMC’s name to Power Sports Factory, Inc., and has
      received a letter of comments on the Information Statement, dated May 31, 2007,
      from the SEC.

    

    E.          On
      May 22, 2007, an investor advanced $200,000 to PPMC for the benefit of PSF,
      pursuant to a Six Percent (6%) note due August 15, 2007 (the “Loan”), the funds
      for which were advanced to PSF by PPMC.

    

    F.          Whereas,
      on May 14, 2007, PPMC issued 60,000,000 shares of Common Stock to the PSF
      SHAREHOLDER (the “Control Shares”), and prior to Closing, the PSF SHAREHOLDER
      transferred certain of the shares of PSF owned by him to certain other persons
      (collectively the PSF SHAREHOLDER and such other PSF shareholders are
      collectively referred to herein as the “PSF SHAREHOLDERS”).

    

    G.          The
      parties hereto desire to amend the Agreement to take into account the issuance
      of Control Shares, the transfer of shares of PSF by the PSF SHAREHOLDER, and
      to
      provide for an earlier Closing under the Agreement, at which shares of a series
      of preferred stock of PPMC would be issued to the PSF SHAREHOLDERS and to
      provide for the preferences, relative and conversion rights for the terms of
      such shares, and providing for actions to take place subsequent to the amended
      Closing Date.

    

    NOW,
      THEREFORE, in consideration of the foregoing premises and representations,
      warranties, covenants and agreements contained herein, and for other good and
      valuable consideration, the receipt and sufficiency of which are hereby
      acknowledged, and intending to be legally bound hereby, the parties hereto
      hereby agree as follows:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    1.           Article
      I of the Agreement is hereby amended to read in its entirety as
      follows:

    

    “ARTICLE
      I                                EXCHANGE
      OF SECURITIES

    

    Section
      1.1 The Exchange.

    

    On
      the
      terms and subject to the conditions of this Agreement, on the Closing Date,
      (a)
      PPMC shall issue and deliver to the PSF SHAREHOLDERS an aggregate
      of  1,650,000 shares of Series B preferred stock, no par value, of
      PPMC (the “Preferred Stock”), as set forth on the signature page hereof, each
      such share of Preferred Stock to be convertible into ten (10) shares of Common
      Stock on and after the effective date of the Reverse Split and to have the
      relative rights and preferences as set forth in Exhibit I to this Amndment;
      and
      (b) the PSF SHAREHOLDERS shall sell, transfer and deliver to PPMC a certificate
      or certificates representing an aggregate of 1,500 shares of common stock,
      par
      value $.001 per share, of PSF, said PSF shares constituting all of the issued
      and outstanding shares of stock of PSF, together with a duly executed share
      assignment or assignments endorsed in favour of PPMC.

    

    Section
      1.2 Exchange Ratio.

    

    (a)
      Prior
      to the Closing, PPMC will have no more than 100,000,000 shares of Common Stock
      outstanding, of which 60,000,000 shares are owned by the PSF SHAREHOLDER. In
      connection with the Closing, it is intended that, the PSF SHAREHOLDERS would,
      through the issuance of the Preferred Stock, receive an aggregate of 16,500,000
      additional shares of PPMC Common Stock upon conversion of the Preferred Stock
      following effectiveness of the Reverse Split.”

    

    

    2.           Article
      II, Section 2.1, of the Agreement is hereby amended to read in its entirety
      as
      follows:

    

    “ARTICLE
      II                                THE
      CLOSING

     

    Section
      2.1 Closing Date.

    

    The
      closing of the Exchange and the other transactions contemplated by this
      Agreement (the "Closing") shall take place at the offices of PSF, which address
      is 6950 Central Highway, Pennsauken, NJ 08109, at 11:00 AM on September 5,
      2007,
      or at such other location, date and time as PPMC and PSF may agree. The time
      and
      date upon which the Closing actually occurs being referred to herein as the
      "Closing Date").”

    

    Article
      II, Section 2.2, paragraph
      (a)(vii), of the Agreement is amended to read in its entirety as
      follows:

    

    “(vii)
      Resignation and release letters in the form attached as Exhibit B hereto from
      each of the current officers and directors of PPMC, together with (i) signed
      minutes or a unanimous written consent of the Board of Directors of PPMC
      electing and Steven Kempenich as Chief Executive Officer and Acting Secretary,
      and Stanislav Rubakh as President and Acting Chief Financial Officer, of PPMC,
      effective the Closing Date, and (ii) an instruction letter to PPMC’s Steve
      Rubakh as President transfer agent, to be delivered to such transfer agent
      on
      the Closing Date, instructing such transfer agent that the authorized
      signatories for PPMC as regards instructions to and review of PPMC legal matters
      for such transfer agent are the newly elected President and Secretary of PPMC
      listed above and counsel for PSF;”

    

    

    3.
      Article VI, section 6.10, of the Agreement is hereby amended to read in its
      entirety as follows:

    

    “ARTICLE
      VI CERTAIN COVENANTS

     

    .  .  .

    

    Section
      6.10 Disposition of Assets and Liabilities.

    

    Following
      the Closing, PPMC shall take all action required in order to dispose of all
      of
      PPMC's Assets (other than cash, cash equivalents and marketable securities)
      pursuant to the PPMC Dividend, and otherwise as appropriate, and satisfy all
      of
      its Liabilities in accordance with any and all applicable laws and regulations.
      PPMC shall indemnify and hold PSF and the PSF SHAREHOLDERS, or any of them,
      harmless from and/or against any and all demands, claims, actions or causes
      of
      action, judgments, assessments, losses, liabilities (including tax liabilities),
      damages or penalties and reasonable attorneys' fees and related disbursements
      suffered by PSF, the PSF SHAREHOLDERS, or any of them, and/or PPMC resulting
      from or arising out of or in connection with any such Assets and/or Liabilities
      of PPMC.  Following the Closing, PPMC shall use all reasonable efforts
      (1) to obtain SEC clearance for and to transmit to its stockholders a Definitive
      Information Statement with regard to required stockholder action for the Reverse
      Split and (2) to file a Form 10 with the SEC with regard to the PPMC Dividend,
      respond promptly to the SEC’s comments on such Form 10 so as to have such Form
      10 declared effective by the SEC as soon as practicable, and proceed to
      distribute to stockholders shares of stock representing the PPMC
      Dividend.

    

    .  .  .
      "

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    4.           Article
      VII is amended in Section 7.1, paragraph (k), to read as follows:

    

    “ARTICLE
      VII

    

    CONDITIONS
      TO CONSUMMATION OF THE EXCHANGE

    

    Section
      7.1 Conditions to Obligations of PSF.

    

    The
      obligations of PSF and PSF SHAREHOLDERS to consummate the Exchange shall be
      subject to the fulfillment, or written waiver by PSF, at or prior to the
      Closing, of each of the following conditions:

    

    .  .  .

    

     (k)
      The outstanding shares of Common Stock of PPMC prior to the Closing shall not
      exceed 100,000,000 shares.

    

    .  .  .
      "

    

     

    5.           Miscellaneous.

    

    Section
      5.1 Entire Agreement.

    

    This
      Amendment and the Agreement, and the Schedules and Exhibits hereto, contain
      the
      entire agreement between the parties and supersede all prior agreements and
      understandings, both written and oral, between the parties with respect to
      the
      subject matter hereof.

    

    Section
      5.2 Amendment and Modifications.

    

    This
      Amendment may not be further amended, modified or supplemented except by an
      instrument or instruments in writing signed by the party against whom
      enforcement of any such amendment, modification or supplement is
      sought.

    

    Section
      5.3 Extensions and Waivers.

    

    At
      any
      time prior to the Closing, the parties hereto entitled to the benefits of a
      term
      or provision may (a) extend the time for the performance of any of the
      obligations or other acts of the parties hereto, (b) waive any inaccuracies
      in
      the representations and warranties contained herein or in any document,
      certificate or writing delivered pursuant hereto, or (c) waive compliance with
      any obligation, covenant, agreement or condition contained herein. Any agreement
      on the part of a party to any such extension or waiver shall be valid only
      if
      set forth in an instrument or instruments in writing signed by the party against
      whom enforcement of any such extension or waiver is sought. No failure or delay
      on the part of any party hereto in the exercise of any right hereunder shall
      impair such right or be construed to be a waiver of, or acquiescence in, any
      breach of any representation, warranty, covenant or agreement.

    

    Section
      5.4 Successors and Assigns.

    

    This
      Amendment shall be binding upon and inure to the benefit of the parties hereto
      and their respective successors and assigns, provided, however, that no party
      hereto may assign its rights or delegate its obligations under this Amendment
      without the express prior written consent of the other party hereto. Except
      as
      provided in Article VIII of the Agreement, nothing in this Amendment is intended
      to confer upon any person not a party hereto (and their successors and assigns)
      any rights, remedies, obligations or liabilities under or by reason of this
      Amendment.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Section
      5.5 Headings; Definitions.

    

    The
      Section and Article headings contained in this Amendment are inserted for
      convenience of reference only and will not affect the meaning or interpretation
      of this Amendment. All references to Sections or Articles contained herein
      mean
      Sections or Articles of the Agreement unless otherwise stated. All capitalized
      terms defined herein are equally applicable to both the singular and plural
      forms of such terms.

    

    Section
      5.6 Severability.

    

    If
      any
      provision of this Amendment or the application thereof to any Person or
      circumstance is held to be invalid or unenforceable to any extent, the remainder
      of this Amendment shall remain in full force and effect and shall be reformed
      to
      render the Amendment valid and enforceable while reflecting to the greatest
      extent permissible the intent of the parties.

     

    Section
      5.7 Counterparts.

    

    This
      Amendment may be executed in one or more counterparts, each of which shall
      be
      deemed to be an original, but all of which together shall constitute one and
      the
      same agreement.

    

    IN
      WITNESS WHEREOF, each of the parties have caused this Amendment to the Agreement
      to be signed by their respective officers hereunto duly authorized, all as
      of
      the date first written above.

    

    PURCHASE
      POINT MEDIA CORP.

    

    By:  /s/
      Albert Folsom

    ­Name:Albert
      Folsom, 

    Title:
      Chairman and President

    

    

    POWER
      SPORTS FACTORY, INC.

    

    By:   
      /s/ Steve Rubakh

    ­Name:Stanislav
      Rubakh, 

    Title:
      President

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    PSF
      SHAREHOLDERS’ COUNTERPART SIGNATURE PAGE

     

    
      
        	
                Name

              	 	
                No.
                  of Shs. Of PPMC Preferred

              
	 	 	 
	
                /s/
                  Stanislav Rubakh

              	 	 
	
                Stanislav
                  Rubakh­

              	 	
                402,800

              
	 	 	 
	
                /s/
                  Shawn Landgraf

              	 	 
	
                Shawn
                  Landgraf

              	 	
                219,433.40

              
	 	 	 
	
                /s/
                  Steven A. Kempenich

              	 	 
	
                Steven
                  A. Kempenich

              	 	
                185,833.30

              
	 	 	 
	
                /s/
                  William Callari

              	 	 
	
                William
                  Callari

              	 	
                189,433.30

              
	 	 	 
	
                /s/
                  Peter Efros

              	 	 
	
                Peter
                  A. Efros

              	 	
                100,000

              
	 	 	 
	
                /s/
                  Jane Landgraf

              	 	 
	
                Jane
                  Landgraf

              	 	
                62,500

              
	 	 	 
	 	 	 
	
                INCUBADORA
                  DEL FUTURO S.L.

              	 	 
	 	 	 
	/s/Jose
                Lugo	 	 
	
                Jose
                  Lugo

              	 	 100,000
	 	 	 
	 	 	 
	
                /s/
                  Kimberly Kohler

              	 	 
	
                Kimberly
                  Kohler

              	 	
                30,000

              
	 	 	 
	
                /s/
                  Norman Rothstein

              	 	 
	
                Norman
                  Rothstein

              	 	
                40,000

              
	 	 	 
	
                /s/
                  Allan Rothstein

              	 	 
	
                Allan
                  Rothstein

              	 	
                40,000

              
	 	 	 
	
                /s/
                  Reid Bloom

              	 	 
	
                Reid
                  Bloom

              	 	
                40,000

              
	 	 	 
	
                /s/
                  Gary Kaplowitz

              	 	 
	
                Gary
                  Kaplowitz

              	 	
                40,000

              
	 	 	 
	
                /s/
                  Justin Gasarch

              	 	 
	
                Justin
                  Gasarch

              	 	
                25,000

              
	 	 	 
	
                /s/
                  Bruce Gasarch

              	 	 
	
                Bruce
                  Gasarch

              	 	
                50,000

              
	 	 	 
	
                /s/
                  Gerald Goodman

              	 	 
	
                Gerald
                  Goodman

              	 	
                125,000

              

      

       

       

      

      
        
          
          

        

         

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    

    

    

    EXHIBIT
      I

    

    PURCHASE
      POINT MEDIA CORPORATION

    

    STATEMENT
      OF DESIGNATIONS, PREFERENCES,

    AND
      RIGHTS OF

    CONVERTIBLE
      PREFERRED STOCK,

    SERIES
      B

    

    Purchase
      Point Media Corporation, a corporation organized and existing under the laws
      of
      the State of Minnesota (this "Corporation"), hereby certifies that pursuant
      to
      the authority vested in its Board of Directors in Article V of its Articles
      of
      Incorporation, and in accordance with the provisions of Chapter 302A.401, of
      the
      Minnesota Statutes 2006, the Board of Directors adopted the following resolution
      creating a series of its preferred stock, no par value, designated as
      Convertible Preferred Stock, Series B:

    

    RESOLVED,
      that a series of the class of authorized preferred stock of this Corporation
      be
      hereby created, and that the designation and initial number thereof and the
      voting powers, preferences and other special rights and restrictions of the
      shares of such series are as follows:

    

    Section
      1

    Designation
      and Initial Number

    

    The
      shares of preferred stock hereby classified shall be designated the Convertible
      Preferred Stock, Series B (the "Preferred Stock").  The number of
      shares of the Preferred Stock shall be 3,000,000.

    

    Section
      2

    Dividends

    

    The
      holder ("Holder") of the Preferred Stock shall be entitled to receive cash
      dividends in any fiscal year only if, and to the extent that, a cash dividend
      or
      cash distribution is declared by the Board of Directors and is legally payable
      on the Preferred Stock under the provisions of the Minnesota Business
      Corporations Act.

    

    Section
      3

    Voting
      Rights

    

    (A)           The
      shares of the Preferred Stock shall be voting.  Each share of
      Preferred Stock shall have the number of votes represented by the number of
      shares of the Corporation’s Common Stock, no par value (“Common Stock”), into
      which such share of Preferred Stock is convertible following effectiveness
      of
      the Reverse Split.  For any voting rights as provided under the
      Minnesota Business Corporations Act, such shares shall be voted equally with
      the
      shares of every other series of preferred stock of this Corporation then
      outstanding on matters requiring a vote of all holders of preferred stock voting
      as holders of preferred stock.

    

    (B)           So
      long as any shares of Preferred Stock shall be outstanding, in addition to
      any
      other vote or consent required in the Articles of Incorporation or by law,
      the
      consent of the holders of at least 66 2/3% of the shares of the Preferred Stock
      at the time outstanding, voting as one class, in person or by proxy, either
      in
      writing without a meeting or by a vote at any meeting called for the purpose,
      shall be necessary for effecting or validating any amendment, alteration, or
      repeal of any provision of the Articles of Incorporation, or of the By-Laws
      of
      this Corporation, which increases the number of authorized shares of any class
      of this Corporation’s stock, which affects adversely the voting powers,
      preferences, or other special rights or qualifications, limitations, or
      restrictions of the Preferred Stock, or which authorizes the issuance of any
      additional class or series of Preferred Stock which is prior to or equal in
      right of liquidation preference, voting or dividends to the Preferred
      Stock.  The filing of a Statement of Designations, Preferences and
      Rights for another series of preferred stock of this Corporation shall be deemed
      to be an amendment of the Articles of Incorporation for purposes of this
      subsection (B).

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    Section
      4

    Liquidation
      Rights

    

    (A)           Upon
      the dissolution, liquidation or winding up of this Corporation, whether
      voluntary or involuntary, the Holder shall be entitled to participate ratably,
      based on the number of shares of Common Stock into which the Preferred Stock
      is
      convertible following effectiveness of the Reverse Split, in the distribution
      of
      the assets of this Corporation.  For purposes of this Section 4, the
      merger or consolidation of this Corporation or the sale, lease or conveyance
      of
      all or a substantial part of this Corporation's assets shall not be deemed
      to be
      a liquidation, dissolution or winding up of this Corporation.  After
      the payment to the Holder of the full Per Share Liquidation Value provided
      for
      in this Section 4, the Holder as such shall have no right or claim to any of
      the
      remaining assets of this Corporation.

    

    (B)           In
      the event of any voluntary or involuntary liquidation, dissolution or winding
      up
      of this Corporation which will involve the distribution of assets other than
      cash, this Corporation shall promptly engage competent independent appraisers
      to
      determine the value of the assets to be distributed.  This Corporation
      shall, upon receipt of such appraiser's valuation give prompt written notice
      to
      the Holder of the appraiser's valuation.

    

    

    

    Section
      5

    Conversion

    

    (A)           At
      the option of the Holder, each share of Preferred Stock shall be convertible
      into Ten (10) Shares of Common Stock at any time on and after the effectiveness
      of a one-for-twenty (1:20) reverse split of the outstanding stock of this
      Corporation to take place following the closing at which the Preferred Stock
      is
      issued (the “Reverse Split”), pursuant to the provisions of the Share Exchange
      and Acquisition Agreement, by and among this Corporation and Power Sports
      Factory, Inc., dated April 24, 2007, as amended.

    

    

    (B)           The
      Preferred Stock shall be automatically converted, without any action on the
      part
      of the Holder, into Common Stock of this Corporation, on the basis of one (1)
      share of Preferred Stock for ten (10) shares of Common Stock, upon the
      effectiveness of the Reverse Split.

    

     (C)           With
      the exception of the adjustment to the outstanding stock of this Corporation
      to
      be effected by the Reverse Split, in case at any time this Corporation shall
      subdivide its outstanding shares of Common Stock into a greater number of shares
      or issue shares of Common Stock as a dividend on the outstanding shares of
      Common Stock, the number of shares into which each share of Preferred Stock
      is
      convertible shall be proportionately increased, and conversely, in case this
      Corporation shall combine its outstanding shares of Common Stock into a smaller
      number of shares, the number of shares into which each share of Preferred Stock
      is convertible shall be proportionately decreased.

    

    (D)           The
      Preferred Stock shall not have a sinking fund for the redemption or purchase
      of
      shares of Preferred Stock.

    

    

    

    IN
      WITNESS WHEREOF, the undersigned have executed this Certificate on August 28,
      2007.

    

    

    __________________________________

               Albert
      Folsom, President

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