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                                                                     Exhibit 4.7

                            SHARE PURCHASE AGREEMENT

         THIS AGREEMENT made as of November 1, 2008.

         AMONG:

         SKY GROUP OF COMPANIES INC.

         (the "Purchaser")

         - and -

         MOHAN J. THADANI

         ("Thadani")

         - and -

         MODUS ENTERPRISE INTERNATIONAL INC.

         (the "Vendor")

         - and -

         BONSO ELECTRONICS INTERNATIONAL INC.

         ("Bonso")

         - and -

         GRAM PRECISION SCALES INC.

         (the "Corporation")

         THIS AGREEMENT WITNESSES that in consideration of the covenants and
agreements contained in this Agreement and other good and valuable consideration
(the receipt and sufficiency of which is hereby acknowledged by each of the
parties), the parties covenant and agree as follows:

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

         In this Agreement, unless the context otherwise requires or unless
otherwise defined, all capitalized words shall have the meaning given them in
Schedule "A".

2.       Agreement to Purchase
         ---------------------

         Subject to the terms and conditions of this Agreement, the Vendor
agrees to sell to the Purchaser, and the Purchaser agrees to purchase from the
Vendor, the Purchased Shares on Closing.

3.       Purchase Price
         --------------

(a) The purchase price payable by the Purchaser for the Purchased Shares shall
be the sum of US $1.00 (the "Purchase Price").

(b) The Purchase Price shall be paid and satisfied by the Purchaser on the
Closing Date by the payment of the sum of US $1.00, which shall be paid to the
Vendor by cash or cheque.

<PAGE>

                                       2

4.       Debt Forgiveness
         ----------------

         The parties acknowledge that the Corporation is indebted to Bonso for
approximately US $5,000,000.00 in respect of products supplied by Bonso to the
Corporation. Bonso agrees to forgive all debts owing by the Corporation to Bonso
in excess of US $1,700,000.00. The sum of US $1,700,000.00 which shall remain
owing by the Corporation to Bonso, shall be evidenced by the Promissory Note
which is to be given by the Corporation to Bonso on Closing, and the terms of
payment of such debt shall be those as set out in the Promissory Note. The
Promissory Note shall provide that no payment except for the first $1,050,000
due under the Promissory Note (the "Permitted Amount") shall be due or shall be
paid at any time if:

(a) at such time the Corporation is in breach of any term or provision of any
agreement (a "Lending Agreement") that the Corporation has entered into with an
institutional lender (a "Lender") and such Lender has required that payments
under the Promissory Note be suspended in accordance with the provisions of a
Lending Agreement; or

(b) if the making of such payment shall cause the Corporation to be in breach of
any term or provision of a Lending Agreement made with a Lender.

Bonso shall, at the request of the Corporation made from time to time, enter
into a subordination agreement directly with a Lender in such form as the Lender
may require to confirm the foregoing provisions. This provision supercedes any
inconsistent provision set out in the Promissory Note. Despite the foregoing,
the Corporation shall use all reasonable commercial efforts to make due and
punctual payments under the Promissory Note, including requesting the Lender to
consent to any payments which would otherwise not be permitted by a
subordination agreement.

5.       Bank Guarantee
         --------------

         The parties acknowledge that Bonso has provided assurances to HSBC Bank
Canada, including a "Bank to Bank Guarantee", which assurances support a
$650,000 line of credit (the "Line of Credit") in favour of the Corporation
which has been established with HSBC Bank Canada. Bonso and the Vendor jointly
and severally agree that they will do everything that is necessary or desirable
to maintain all of such assurances in place for a period of 12 months following
Closing (the "Initial Period"). If despite using reasonable commercial efforts,
the Corporation is unable to obtain conventional bank financing prior to the end
of the Initial Period to permit the Line of Credit to remain in place without
such assurances, Bonso shall either extend the Initial Period until such
conventional bank financing can be obtained, or reduce the Permitted Amount to
such amount as is required by the Corporation to obtain such conventional bank
financing.

6.       Legal , Consulting and Accounting Fees
         --------------------------------------

(a) The parties agree that that the Vendor and Bonso shall be jointly and
severally responsible for 50% of the legal, consulting and accounting fees and
disbursements incurred by the Purchaser, the Corporation and Thadani in
association with the Transaction (the "Vendor Group Fees").

(b) The parties also agree that Bonso will be responsible for 100% of the:

     (i)  outstanding fees and disbursements owing by the Corporation to the
          Corporation's accountants; and

     (ii) accounting fees incurred and to be incurred by the Corporation in
          connection with the fiscal year of the Corporation ended March 31,
          2008 and the fiscal period of the Corporation ended November 1, 2008
          for the preparation of financial statements and tax returns,

          (collectively, the "Accounting Fees").

(c) On Closing, the Vendor and Bonso will provide a written direction to Pallett
Valo LLP, directing Pallett Valo LLP to pay the Vendor Group Fees and the
Accounting Fees out of funds currently held by Pallett Valo LLP in trust for
Bonso.

<PAGE>

                                       3

7.       Representations and Warranties of the Vendor and Bonso
         ------------------------------------------------------

         The Vendor and Bonso hereby jointly and severally represent and warrant
to the Purchaser, upon each of which representations and warranties the
Purchaser specifically relies, as follows:

     (a)  the Vendor is an international business corporation duly incorporated
          and organized and validly subsisting under the laws of British Virgin
          Islands;

     (b)  Bonso is a corporation duly incorporated and organized, and validly
          existing under the laws of Hong Kong;

     (c)  the Purchased Shares are owned by the Vendor as the beneficial owner
          of record, with good and marketable title thereto, free and clear of
          all Encumbrances;

     (d)  the Vendor has the exclusive right to sell and dispose of the
          Purchased Shares in accordance with the terms of this Agreement;

     (e)  the Purchased Shares have been duly and validly issued and are
          outstanding as fully paid and non-assessable shares in the capital of
          the Corporation;

     (f)  no Person has any agreement or option or any right or privilege
          (whether by law, pre-emptive or contractual) capable of becoming an
          agreement or option for the purchase from the Vendor of any of the
          Purchased Shares;

     (g)  the Vendor has not had any petition for a receiving order in
          bankruptcy filed against the Vendor, nor has the Vendor made a
          voluntary assignment in bankruptcy or a proposal to creditors; and

     (h)  this Agreement has been duly executed and delivered by each of the
          Vendor and Bonso and constitutes a valid and binding obligation of the
          Vendor and Bonso enforceable against each of them in accordance with
          its terms, subject to the fact that:

          (i)  such enforcement may be limited by applicable bankruptcy,
               insolvency or other laws of general application affecting the
               enforcement of creditors' rights generally; and

          (ii) equitable remedies, including, without limitation, the remedies
               of specific performance and injunction, may only be granted in
               the discretion of a court of competent jurisdiction;

     (i)  no representation or warranty by the Vendor or Bonso contained in this
          Agreement contains an untrue statement of a material fact or omits to
          state a material fact necessary to make such representation and
          warranty not misleading.

8.       Representations and Warranties of the Purchaser
         -----------------------------------------------

         The Purchaser represents and warrants to the Vendor, upon each of which
representations and warranties the Vendor specifically relies, as follows:

     (a)  the Purchaser is a corporation duly incorporated and organized, and
          validly subsisting under the laws of Ontario;

<PAGE>

                                       4

     (b)  the Purchaser has not had any petition for a receiving order in
          bankruptcy filed against the Purchaser, nor has the Purchaser made a
          voluntary assignment in bankruptcy or a proposal to creditors;

     (c)  this Agreement has been duly executed and delivered by Purchaser and
          constitutes a valid and binding obligation of the Purchaser
          enforceable against the Purchaser in accordance with its terms,
          subject to the fact that:

          (i)  such enforcement may be limited by applicable bankruptcy,
               insolvency or other laws of general application affecting the
               enforcement of creditors' rights generally; and

          (ii) equitable remedies, including, without limitation, the remedies
               of specific performance and injunction, may only be granted in
               the discretion of a court of competent jurisdiction; and

     (d)  no representation or warranty by the Purchaser contained in this
          Agreement contains an untrue statement of a material fact or omits to
          state a material fact necessary to make such representation and
          warranty not misleading.

9.       Survival of Representations and Warranties
         ------------------------------------------

         The representations and warranties of the parties contained in this
Agreement shall survive the Closing and, despite the Closing, shall continue
thereafter in full force and effect. No investigations made by or on behalf of
the parties at any time shall have the effect of superseding, prejudicing,
waiving, diminishing the scope of or otherwise affecting any representation or
warranty made by the parties in this Agreement.

10.      Covenants of the Vendor and Bonso
         ---------------------------------

         The Vendor and Bonso covenant and agree with the Purchaser, as follows:

     (a)  on Closing, they shall deliver to the Purchaser the resignations of
          Albert W. So, Anthony So, Kit (Cathy) Teng Pang and Henry F. Schlueter
          as officers and directors of the Corporation;

     (b)  on Closing, to execute and deliver all documents, including, without
          limitation, the documents described in section 15 below and perform
          all acts and things necessary or desirable to give effect to the
          purposes and intent of this Agreement and ensure that the
          representations and warranties made by the Vendor and Bonso in this
          Agreement are true and correct as of the Closing Date; and

     (c)  on Closing, to execute and deliver all documents reasonably required
          to update the minute book of the Corporation.

11.      Release by Vendor and Bonso
         ---------------------------

(a) The Vendor and Bonso (collectively, the "Vendor Group") hereby release,
remise, and forever discharge the Purchaser, the Corporation and Thadani
(collectively, the "Releasees") of and from all actions, causes of action,
suits, debts, duties, accounts, bonds, covenants, contracts, claims and demands
whatsoever in law or in equity which the Vendor Group now has or hereafter may
have against the Releasees (or any of them) for or by reason of or in any way
arising out of any cause, matter or thing whatsoever existing up to and
including the date of this Agreement, and in particular and without in any way
limiting the generality of the foregoing, as a result of, in connection with or
arising out of:

     (i)  either member of the Vendor Group having been a direct or indirect
          shareholder or creditor of the Corporation;

<PAGE>

     (ii) any obligation of the Corporation to Bonso in respect of product
          purchases or other indebtedness of any nature or kind whatsoever in
          excess of the amount owing under the Promissory Note;

     (iii) Thadani having been a director, officer and employee of the
          Corporation; and

     (iv) the Shareholders Agreement.

(b) The Vendor Group further covenant and agree with the Releasees not to join,
assist, aid or act in concert in any manner whatsoever with any other person,
firm or corporation in the making of any claim or demand or in the bringing of
any proceeding or action in any manner whatsoever against the Releasees, or any
of them, or to make any claim or to take any proceedings against any other
person or entity in respect of the matters and claims hereby released who might
claim contribution or indemnity from the Releasees or any of them.

(c) This Release shall not extend to release:

     (i)  the Releasees from the terms of this Agreement;

     (ii) the Corporation from the Promissory Note;

     (iii) the guarantors of the Promissory Note from their respective guarantee
          obligations under the Promissory Note; or

     (iv) the Releasees from the Escrow Agreement made as of the 1st day of
          August 2002 among Bonso, the Vendor, Thadani, the Corporation and
          Pallett Valo LLP.

12.      Release by the Purchasers, the Corporation and Thadani
         ------------------------------------------------------

(a) The Purchaser, the Corporation and Thadani (collectively, the Releasors")
hereby release, remise, and forever discharge the Vendor and Bonso
(collectively, the "Vendor Group") of and from all actions, causes of action,
suits, debts, duties, accounts, bonds, covenants, contracts, claims and demands
whatsoever in law or in equity which the Releasors (or any of them) now have or
hereafter may have against the Vendor Group for or by reason of or in any way
arising out of any cause, matter or thing whatsoever existing up to and
including the date of this Agreement, and in particular and without in any way
limiting the generality of the foregoing, as a result of, in connection with or
arising out of:

     (i)  either member of the Vendor Group having been a direct or indirect
          shareholder or debtor of the Corporation;

     (ii) any obligation of Bonso or any of its officers, directors, agents or
          affiliates of any nature or kind whatsoever to the Corporation,
          Thadani, or their respective affiliates;

     (iii) the Shareholders Agreement, and

     (iv) Anthony So, Kit (Cathy) Teng Pang, Albert So, Henry F. Schlueter or
          any other officer, director, agent or employee of Bonso having been an
          officer, director or employee of the Corporation.

(b) The Releasors further covenants and agrees with the Vendor Group not to
join, assist, aid or act in concert in any manner whatsoever with any other
person, firm or corporation in the making of any claim or demand or in the
bringing of any proceeding or action in any manner whatsoever against the Vendor
Group or any of them or to make any claim or to take any proceedings against any
other person or entity in respect of the matters and claims hereby released who
might claim contribution or indemnity from the Vendor Group or any of them.

<PAGE>

                                       6

(c) This Release shall not extend to release the members of the Vendor Group
from:

     (i)  the terms of this Agreement; or

     (ii) the Escrow Agreement made as of the 1st day of August 2002 among
          Bonso, the Vendor, Thadani, the Corporation and Pallett Valo LLP.

13.      Indemnification by the Vendor
         -----------------------------

(a) The Vendor and Bonso jointly and severally covenant and agree to indemnify
and hold harmless the Purchaser and the Corporation from and against any and all
Claims which may be made or brought against the Purchaser or the Corporation or
which the Purchaser or the Corporation may suffer or incur as a result of, in
connection with or arising out of:

     (a)  any non-fulfillment of any covenant or agreement on the part of the
          Vendor or Bonso under this Agreement; and

     (b)  any breach of any representation or warranty of the Vendor or Bonso
          contained in this Agreement or in any certificate or other document
          furnished by the Vendor pursuant to this Agreement.

The indemnities of the Vendor and Bonso contained in this section shall survive
the Closing and continue afterwards in full force and effect.

14.      Indemnification by the Purchaser
         --------------------------------

         The Purchaser and the Corporation jointly and severally covenant and
agree to indemnify and hold harmless the Vendor and Bonso from and against any
and all Claims which may be made or brought against the Vendor and Bonso, or
which the Vendor and Bonso may suffer or incur as a result of, in connection
with or arising out of:

     (a)  any non-fulfillment of any covenant or agreement on the part of the
          Purchaser or the Corporation under this Agreement; and

     (b)  any breach of any representation or warranty of the Purchase or the
          Corporation contained in this Agreement or in any certificate or other
          document furnished by the Purchaser or the Corporation pursuant to
          this Agreement.

The indemnities of the Purchaser and the Corporation contained in this section
shall survive the Closing and continue afterwards in full force and effect.

15.      Closing
         -------

(a) Closing shall take place at the Closing Time on the Closing Date at the
Closing Location, and shall be deemed to be effective as of and from November 1,
2008 for all purposes.

(b) On or before the Closing Date, all corporate parties shall take or cause to
be taken all actions, steps and corporate proceedings necessary or desirable to
validly and effectively approve or authorize the completion of the Transaction.

(c) Without limiting the generality of section 15(b), the Vendor shall deliver
the following to the Purchaser at the Closing Time, all of which shall, unless
otherwise stated, be dated the Closing Date:

     (i)  share certificates representing the Purchased Shares duly endorsed in
          favour of the Purchaser in fully transferable form;

<PAGE>

                                       7

     (ii) certified copy of a resolution of the board of directors of the
          Corporation authorizing the transfer of shares;

     (iii) the resignations of Anthony So, Albert W. So, Kit (Cathy) Teng Pang
          and Henry F. Schlueter as directors and officers, as applicable, of
          the Corporation; and

     (iv) all such other documents and agreements as the Purchaser's solicitors
          reasonably consider necessary or desirable to give effect to the
          Transaction or to update the minute books of the Corporation.

(d) Without limiting the generality of section 15(b), the Purchaser shall
deliver the following to the Vendor at the Closing Time, all of which shall,
unless otherwise stated, be dated the Closing Date:

     (i)  the monies described in section 3(a); and

     (ii) the Promissory Note.

16.      General Contract Terms
         ----------------------

(a)      Entire Agreement
         ----------------

         This Agreement, including any Schedules and any agreements and
documents to be delivered pursuant to the terms of this Agreement, constitutes
the entire agreement between the parties pertaining to the subject matter of
this Agreement and supersedes all prior agreements, understandings, negotiations
and discussions, whether oral or written, of the parties. There are no
representations, warranties or other agreements, whether oral or written,
between the parties in connection with the subject matter of this Agreement
except as specifically set out in this Agreement. No amendment, supplement,
modification, waiver or termination of this Agreement shall be binding on the
parties unless same is in writing and signed by all of the parties.

(b)      Schedules
         ---------
         The Schedules are as follows:

Schedule "A" - Definitions

Schedule "B"- Promissory Note

The Schedules are incorporated into and form an integral part of this Agreement.

(c)      Waiver
         ------

         No waiver of any provision of this Agreement shall be deemed to
constitute a waiver of any other provision, whether or not similar, nor shall
such waiver constitute a continuing waiver unless otherwise expressly provided.
No forbearance by any party to seek a remedy for any breach by any other party
of any provision of this Agreement shall constitute a waiver of any rights or
remedies with respect to any subsequent breach.

(d)      Headings
         --------

         The division of this Agreement into sections and the insertion of
headings is for convenience of reference only and shall not affect the
construction or interpretation of this Agreement or any part of it.

(e)      References to Articles
         ----------------------

         Any reference to a section or Schedule in this Agreement shall be
deemed a reference to the applicable Article, section or Schedule contained in
or attached to this Agreement and to no other agreement or document unless
specific reference is made to such other agreement or document.

<PAGE>

                                       8

(f)      Statutes
         --------

         Any reference to a statute in this Agreement includes a reference to
all regulations made pursuant to such statute, all amendments made to such
statute and regulations in force from time to time and to any statute or
regulation which may be passed and which has the effect of supplementing or
superseding such statute or regulations.

(g)      Applicable Law
         --------------

         This Agreement shall be construed in accordance with the laws of the
Province of Ontario (other than Ontario principles of conflicts of law) and the
laws of Canada applicable in the Province of Ontario and shall be treated in all
respects as an Ontario contract. All disputes arising out of or in connection
with or in relation to this Agreement shall be submitted to the jurisdiction of
the courts of the province of Ontario which shall have exclusive jurisdiction
over any such dispute. Each of the parties irrevocably attorns to the
jurisdiction of the courts of the Province of Ontario.

(h)      Currency
         --------

Unless otherwise indicated, all dollar amounts referred to in this Agreement are
in lawful US funds.

(i)      Invalidity
         ----------

         If any provision of this Agreement or any part of any provision of this
Agreement is held to be invalid, illegal or unenforceable by a court of
competent jurisdiction, such provision or part shall not affect the validity,
legality or enforceability of any other provision of this Agreement or the
balance of any provision of this Agreement absent such part and such invalid,
illegal or unenforceable provision or part shall be deemed to be severed from
this Agreement and this Agreement shall be construed and enforced as if such
invalid, illegal or unenforceable provision or part had never been inserted in
this Agreement.

(j)      Further Assurances
         ------------------

         The parties shall with reasonable diligence do all things and provide
all such reasonable assurances as may be required to complete the Transaction.
Each party shall provide and execute such further documents or instruments as
may be reasonably required by any other party, exercise its influence and do and
perform or cause to be done or performed such further and other acts as may be
reasonably necessary or desirable to effect the purpose of and to carry out the
provisions of this Agreement.

(k)      Counterparts and Execution by Fax
         ---------------------------------

         This Agreement may be executed by the parties in separate counterparts
each of which when so executed and delivered to all of the parties shall be
deemed to be and shall be read as a single agreement among the parties. In
addition, execution of this Agreement by any of the parties may be evidenced by
way of a faxed or pdf transmission of such party's signature (which signature
may be by separate counterpart), or a photocopy of such faxed or pdf
transmission, and such faxed or pdf signature, or photocopy of such faxed or pdf
signature, shall be deemed to constitute the original signature of such party to
this Agreement.

(l)      Assignability
         -------------
         Neither this Agreement nor any rights or obligations of any of the
parties under this Agreement may be assigned by any of the parties without the
prior written consent of all of the other parties.

<PAGE>

                                       9

(m)      Binding Effect
         --------------

         This Agreement shall enure to the benefit of and shall be binding upon
the parties and their respective heirs, executors, administrators and
successors.

         IN WITNESS WHEREOF this Agreement has been executed by the parties on
December 12, 2008 with effect as of November 1, 2008.

                                                                     Sky Group of Companies Inc.

                                                          Per:
                                                                     ------------------------------------------------
                                                          Name:      Mohan Thadani
                                                          Title:     President
Witness

---------------------------------------------                        -------------------------------------------------
Name:                                                                Mohan Thadani

                                                                     Modus Enterprise International Inc.

                                                          Per:
                                                                      -------------------------------------------------
                                                          Name:      Henry F. Schlueter
                                                          Title:     Assistant Secretary and Attorney-in-Fact

                                                                     Bonso Electronics International Inc.

                                                          Per:
                                                                     -------------------------------------------------
                                                          Name:
                                                          Title:

                                                                     Gram Precision Scales Inc.

                                                          Per:
                                                                     -------------------------------------------------
                                                          Name:      Mohan Thadani
                                                          Title:     President

<PAGE>

                                  SCHEDULE "A"

                                   DEFINITIONS

     In this Agreement, the following words and phrases (which may be used in
the singular or plural) shall have the meanings set forth after them:

     "Agreement" means this agreement as amended from time to time;

     "Claims" means any and all claims, damages, losses, liabilities, demands,
     suits, judgments, causes of action, legal proceedings, penalties or other
     sanctions and any and all costs and expenses arising in connection
     therewith, including, without limitation, legal fees and disbursements on a
     solicitor and his own client basis (including, without limitation, all such
     legal fees and disbursements in connection with any and all appeals);

     "Closing" means the completion of the Transaction on the Closing Date;

     "Closing Date" means December 19, 2008, or such other date as the parties
     may agree upon in writing;

     "Closing Location" means the Mississauga, Ontario, offices of Pallett Valo
     LLP or such other place as may be approved in writing by the parties;

     "Closing Time" means 2 p.m. on the Closing Date or such other time as the
     parties may agree upon in writing;

     "Encumbrances" means security interests, charges, mortgages, liens,
     encumbrances, actions, claims, demands and equities of any nature
     whatsoever or howsoever arising and any rights or privileges capable of
     becoming any of the foregoing;

     "Person" means an individual, partnership, corporation, firm, trust,
     unincorporated association, joint venture, syndicate or other entity or
     Governmental Entity;

     "Promissory Note" means a promissory note to be given by the Corporation to
     Bonso on Closing and to be guaranteed by Dragonfly Distributing (Canada)
     Inc. and Tantric Europe Ltd., and to be in the form attached to this
     Agreement as Schedule "B".

     "Purchase Price" shall have the meaning given that term in section 3(a);

     "Purchased Shares" means the 2,805 common shares of the Corporation which
     are registered in the name of and beneficially owned by the Vendor;

     "Schedules" means the schedules attached to this Agreement and which are
     more particularly described in section 13 (b);

     "Shareholder Agreement" means the agreement made among Bonso, the Vendor,
     the Purchaser, Thadani and the Corporation dated August 1, 2002.

     "Transaction" means the transaction of purchase and sale contemplated by
     this Agreement.

<PAGE>

                                       2

                                  SCHEDULE "B"

                                 PROMISSORY NOTE

                                  SCHEDULE "B"

                                 PROMISSORY NOTE

Principal Amount:     $1,700,000.00 U.S

Date:                 As of November 1, 2008

     For value received, Gram Precision Scales Inc. (the "Maker") promises to
pay to Bonso Electronics International Inc. (the "Holder") at Unit 1915-1916
19/F Delta House, 3 On YIU Street, Shek Mun, Shatin, New Territories, Hong Kong,
or at such other place as the Holder may designate from time to time to the
Maker in writing, in lawful money of the United States of America, at the time
or times set out below, the principal sum of $1,700,000.00 (the "Principal
Amount"), without interest.

     The Principal Amount shall be payable in 6 equal installments of $10,000
each on the 30th day of each month, commencing on December 30, 2008 and ending
on May 30, 2009 and 82 equal installments of $20,000 each on the 30 day of each
month, commencing on June 30, 2009 and ending on March 30, 2016.

     The Maker represents, warrants and covenants with, the Holder as follows:

          a.   Authorization; Enforceability. All corporate action on the part
               of the Maker, its officers, directors and stockholders necessary
               for the authorization, execution and delivery of this Note and
               the performance of all obligations of the Maker hereunder has
               been taken, and this Note constitutes a valid and legally binding
               obligation of the Maker, enforceable in accordance with its terms
               except (i) as limited by applicable bankruptcy, insolvency,
               reorganization, moratorium and other laws of general application
               affecting enforcement of creditors' rights generally and (ii) as
               limited by laws relating to the availability of specific
               performance, injunctive relief or other equitable remedies.

          b.   Governmental Consents. No consent, approval, qualification, order
               or authorization of, or filing with, any local, provincial or
               federal governmental authority is required on the part of the
               Maker in connection with the Maker's valid execution, delivery or
               performance of this Note.

          c.   No Violation. The execution, delivery and performance by the
               Maker of this Note and the consummation of the transactions
               contemplated hereby will not result in a violation of its
               Articles of Incorporation or Bylaws, in any material respect of
               any provision of any mortgage, agreement, instrument or contract
               to which it is a party or by which it is bound or, to the best of
               its knowledge, of any federal or provincial judgment, order,
               writ, decree, statute, rule or regulation applicable to the Maker
               or be in material conflict with or constitute, with or without
               the passage of time or giving of notice, either a material
               default under any such provision or an event that results in the
               creation of any material lien, charge or encumbrance upon any
               assets of the Maker or the suspension, revocation, impairment,
               forfeiture or nonrenewal of any material permit, license,
               authorization or approval applicable to the Maker, its business
               or operations, or any of its assets or properties.

     The occurrence of any one or more of the following events (regardless of
the reason therefor), shall constitute an "Event of Default" hereunder:

<PAGE>

                                       3

          a.   The Company shall fail to make any payment of principal of, or of
               interest on, or any other amount owing in respect of, the Note
               when due and payable or declared due and payable, and such
               failure shall have remained unremedied for a period of 90 days.

          b.   A case or proceeding shall have been commenced against the
               Company in a court having competent jurisdiction (i) seeking a
               decree or order in respect of the Company under the Canadian
               bankruptcy laws as now constituted or hereafter amended or any
               other applicable Federal, provincial or foreign bankruptcy or
               other similar law, (ii) appointing a custodian, receiver,
               liquidator, assignee, trustee or sequestrator (or similar
               official) of the Company or of any substantial part of its
               properties, or (iii) ordering the winding-up or liquidation of
               the affairs of the Company, and any such case or proceeding shall
               remain undismissed or unstayed for sixty (60) consecutive days or
               such court shall enter a decree or order granting the relief
               sought in such case or proceeding.

          c.   The Company shall (i) file a petition seeking relief under the
               Canadian bankruptcy laws as now constituted or hereafter amended,
               or any other applicable federal, provincial or foreign bankruptcy
               or other similar law, (ii) consent to the institution of
               proceedings thereunder or to the filing of any such petition or
               to the appointment of or taking possession by a custodian,
               receiver, liquidator, assignee, trustee or sequestrator (or
               similar official) of the Company or of any substantial part of
               its or his properties, or (iii) fail generally to pay its debts
               as such debts become due.

          d.   Final judgment or judgments (after the expiration of all times to
               appeal therefrom) for the payment of money in excess of $100,000
               in the aggregate shall be rendered against the Company and the
               same shall not (i) be fully covered by insurance or bonded over
               or (ii) within thirty (30) days after the entry thereof, have
               been discharged or execution thereof stayed pending appeal, or
               have been discharged within five (5) days after the expiration of
               any such stay.

     If an Event of Default occurs as described herein, then the entire amount
of the Note shall become immediately due and payable in full.

     Despite any other provision contained in this Promissory Note no payment,
except for the first $1,050,000 due under this Promissory Note, shall be due or
shall be paid under this Promissory Note at any time if:

          d.   at such time the Corporation is in breach of any term or
               provision of any agreement (a "Lending Agreement") that the
               Corporation has entered into with an institutional lender (a
               "Lender") and such Lender has required that payments under this
               Promissory Note be suspended in accordance with the provisions of
               a Lending Agreement; or

          e.   the making of such payment shall cause the Corporation to be in
               breach of any term or provision of a Lending Agreement made with
               a Lender.

     The Maker shall have the right to prepay at any time or times the whole or
any part of the Principal Amount due under this Promissory Note, without notice,
bonus or penalty, provided that such prepayments are made in multiples of
$10,000.00, or if less than $10,000.00 remains unpaid, provided that the entire
balance of the Principal Amount is paid.

     Upon default, this Promissory Note may be enforced in the courts of any
province of Canada, which shall have exclusive jurisdiction with respect to all
disputes concerning this Promissory Note. This Promissory Note shall be
construed, interpreted and applied in accordance with, and shall be governed by
the laws of the Province of Ontario, Canada.

<PAGE>

                                       4

     This Promissory Note is non-assignable and non-negotiable.

     IN WITNESS WHEREOF the undersigned has executed this Promissory Note on
December 19 2008, with effect as of November 1, 2008.

                                                                     Gram Precision Scales Inc.

                                                          Per:
                                                                     -------------------------------------------------
                                                          Name:      Mohan Thadani
                                                          Title:     President

                                                         Guarantee

Dragonfly Distributing (Canada) Inc. and Tantric Europe Ltd. hereby guarantee the due and punctual payment of all
principal due under this Promissory Note.

Dated as of November 1, 2008.

                                                                     Dragonfly Distributing (Canada) Inc.

                                                          Per:
                                                                      -------------------------------------------------
                                                          Name:      Mohan Thadani
                                                          Title:     President

                                                                     Tantric Europe Ltd.

                                                          Per:
                                                                     -------------------------------------------------
                                                          Name:      Mohan Thadani
                                                          Title:     President
</TABLE>Filed by sedaredgar.com - Star Resorts Development Inc. - Exhibit 10.1

NEITHER THIS NOTE, THE SECURITIES INTO WHICH THIS NOTE IS
CONVERTIBLE, OR THE SECURITIES WHICH MAY BE ISSUED TO THE HOLDER OF THIS NOTE
HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE
SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON THE EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF FEDERAL AND STATE SECURITIES LAWS PROVIDED BY
REGULATION S UNDER THE SECURITIES ACT OF 1933, AS AMENDED AND MAY NOT BE SOLD,
PLEDGED, TRANSFERRED, ASSIGNED, HYPOTHECATED, OR OTHERWISE DISPOSED OF WITHOUT
COMPLIANCE WITH SUCH REQUIREMENTS OR A WRITTEN OPINION OF COUNSEL ACCEPTABLE TO
THE OBLIGOR THAT SUCH TRANSFER WILL NOT RESULT IN ANY VIOLATION OF SUCH LAWS OR
AFFECT THE LEGALITY OF THEIR ISSUANCE.

CONVERTIBLE PROMISSORY NOTE

	US$ 40,000 	January 14th, 2009 

     FOR VALUE RECEIVED, the
undersigned, Star Resorts Development Inc., a Nevada corporation (the
"Obligor"), hereby promises to pay to the order of Blue Mint Exploration Inc
(the "Holder"), the principal sum of Forty Thousand dollars ($40,000) payable as
set forth below. The Obligor also promises to pay to the order of the Holder
interest on the principal amount hereof at a rate of 9% per annum, which
interest shall be payable as set forth below. Interest shall be calculated on
the basis of the year of 365 days and for the number of days actually elapsed.
The payments of principal and interest hereunder shall be made in coin or
currency of the United States of America which at the time of payment shall be
legal tender therein for the payment of public and private debts.

     This Note shall be subject to the
following additional terms and conditions:

     1. Payments. Subject to
prior conversion or acceleration, all principal due hereunder shall be payable
in one (1) installment on January 14th, 2011 (the “Maturity Date”). Subject to
prior conversion or acceleration, interest shall be payable semi-annually. The
first such interest payment shall be due the first day of the first month
following 180 days from the date of this Note. Subsequent interest payments will
be due and payable on the first day of the month every six months thereafter.
Notwithstanding the foregoing, the final interest payment shall be due and
payable on the Maturity Date. In the event that any payment to be made hereunder
shall be or become due on Saturday, Sunday or any other day which is a legal
bank holiday under the laws of the State of Florida, such payment shall be or
become due on the next succeeding business day.

     2. Prepayment. The Obligor
and the Holder understand and agree that the principal amount of this Note
together with all accrued interest due thereon can be prepaid by Obligor at any
time without penalty, commencing February 14th, 2009. 

     3. Conversion Terms. At
any time on or after the date hereof, this Note shall be convertible (in whole
or in part), at the option of the Holder (the "Conversion Option"), into such
number of fully paid and non-assessable shares of Common Stock (the "Conversion
Rate") as is determined by dividing (x) that portion of the outstanding
principal balance and accrued interest under this Note as of such date that the
Holder elects to convert by (y) the Conversion Price (as defined in clause 3 (b)
hereof) then in effect on the date on which the Holder faxes a notice of
conversion (the "Conversion Notice"), duly executed, to the Obligor (facsimile
number 1 305 728 5288), Attn.: Alejandro Aparicio, CEO) (the "Voluntary
Conversion Date"), provided, however, that the Conversion Price shall be subject
to adjustment as described in clause 3 (d) below. The Holder shall deliver this
Note to the Obligor at such time that this Note fully converted. With respect to
partial conversions of this Note, the Obligor shall keep written records of the
amount of this Note converted as of each Conversion Date.

	 	a) 	
      The term "Closing Price" shall mean, on any particular
      date:

	 	 	 	 
	 		(i) 	
      The closing price per share of the Common Stock on such
      date on the OTC Bulletin Board or another registered national stock
      exchange on which the Common Stock is then listed, or if there is no such
      price on such date, then the closing bid price on such exchange or
      quotation system on the date nearest preceding such date; or

	 	 	 	 
	 		(ii) 	
      If the Common Stock is not listed then on the OTC
      Bulletin Board or any registered national stock exchange, the closing bid
      price for a share of Common Stock in the over-the-counter market, as
      reported by the OTC Bulletin Board or in the National Quotation Bureau
      Incorporated or similar organization or agency succeeding to its functions
      of reporting prices) at the close of business on such date; or

	 	 	 	 
	 		(iii) 	
      If the Common Stock is not then reported by the OTC
      Bulletin Board or the National Quotation Bureau Incorporated (or similar
      organization or agency succeeding to its functions of reporting prices),
      then the average of the "Pink Sheet" prices for the relevant conversion
      period, as determined in good faith by the Holder; or

	 	 	 	 
	 		(iv) 	
      if the Common Stock is not then publicly traded the fair
      market value of a share of Common Stock as determined by the Holder and
      reasonably acceptable to the Obligor.

	 	 	 	 
	 	b) 	
      The term "Conversion Price" shall mean 100% of the
      average Closing Prices from the ten Trading Days immediately preceding the
      Voluntary Conversion Date, subject to adjustment under clause 3 (d)
      hereof. Interest shall be computed on the basis of a 360-day year of
      twelve (12) 30-day months and shall accrue commencing on the Issuance
      Date.

2

	 	c) 	
      Mechanics of Conversion: Not later than three (3) Trading
      Days after any Conversion Date, the Obligor or its designated transfer
      agent, as applicable, shall issue and deliver to the Holder as specified
      in the Conversion Notice, registered in the name of the Holder or its
      designee, for the number of shares of Common Stock to which the Holder
      shall be entitled (the "Delivery Date"). If in the case of any Conversion
      Notice such certificate or certificates are not delivered to or as
      directed by the applicable Holder by the Delivery Date, the Holder shall
      be entitled by written notice to the Obligor at any time on or before its
      receipt of such certificate or certificates thereafter, to rescind such
      conversion, in which event the Obligor shall immediately return this Note
      if tendered for conversion, whereupon the Obligor and the Holder shall
      each be restored to their respective positions immediately prior to the
      delivery of such notice of revocation shall be payable through the date
      notice of rescission is given to the Obligor.

	 	 	 
	 	d) 	
      Adjustment of Conversion Price: The Conversion Price
      shall be subject to adjustment. If the Obligor shall at any time or from
      time to time after the Issuance Date, effect a stock split of the
      outstanding Common Stock, the applicable Conversion Price in effect
      immediately prior to the stock split shall be proportionately decreased.
      If the Obligor shall at any time or from time to time after the Issuance
      Date, combine the outstanding shares of Common Stock, the applicable
      Conversion Price in effect immediately prior to the combination shall be
      proportionately increased. Any adjustments under this clause 3 (d) shall
      be effective at the close of business on the date the stock split or
      combination occurs.

     4. No Waiver. No failure
or delay by the Holder in exercising any right, power or privilege under the
Note shall operate as a waiver thereof nor shall any single or partial exercise
thereof preclude any other or further exercise thereof or the exercise of any
other right, power or privilege. The rights and remedies herein provided shall
be cumulative and not exclusive of any rights or remedies provided by law. No
course of dealing between the Obligor and the Holder shall operate as a waiver
of any rights by the Holder.

     5. Waiver of Presentment and
Notice of Dishonor. The Obligor and all endorsers, guarantors and other
parties that may be liable under this Note hereby waive presentment, notice of
dishonor, protest and all other demands and notices in connection with the
delivery, acceptance, performance or enforcement of this Note.

     6. Place of Payment. All
payments of principal of this Note and the interest due hereon shall be made at
such place as the Holder may from time to time designate in writing.

3

     7. Events of Default. The
entire unpaid principal amount of this Note and the interest due hereon shall,
at the option of the Holder exercised by written notice to the Obligor forthwith
become and be due and payable, without presentment, demand, protest or other
notice of any kind, all of which are hereby expressly waived, if any one or more
of the following events (herein called "Events of Default") shall have occurred
(for any reason whatsoever and whether such happening shall be voluntary or
involuntary or come about or be effected by operation of law or pursuant to or
in compliance with any judgement, decree or order of any court or any order,
rule or regulation of any administrative or governmental body) and be continuing
at the time of such notice:

     (a) if default shall be made in
the due and punctual payment of the interest and/or principal of this Note when
and as the same shall become due and payable, whether at maturity, or by
acceleration or otherwise, and such default have continued for a period of five
(5) business days following Obligor’s receipt of written notice from Obligor
advising of such default;

     (b) if the Obligor shall:

	 		(i) 	
      admit in writing its inability to pay its debts generally
      as they become due;

	 	 	 	 
	 		(ii) 	
      file a petition in bankruptcy or petition to take
      advantage of any insolvency act;

	 	 	 	 
	 		(iii) 	
      make assignment for the benefit of creditors;

	 	 	 	 
	 		(iv) 	
      consent to the appointment of a receiver of the whole or
      any substantial part of its property;

	 	 	 	 
	 		(v) 	
      on a petition in bankruptcy filed against it, be
      adjudicated a bankrupt;

	 	 	 	 
	 		(vi) 	
      file a petition or answer seeking reorganization or
      arrangement under the Federal bankruptcy laws or any other applicable law
      or statute of the United States of America or any State, district or
      territory thereof; or

     (c) if the court of competent
jurisdiction shall enter an order, judgment, or decree appointing, without the
consent of the Obligor, a receiver of the whole or any substantial part of the
Obligor's property, and such other, judgment or decree shall not be vacated or
set aside or stayed with ninety (90) days from the date of entry thereof;

     (d) if, under the provisions of
any other law for the relief or aid of debtors, any court or competent
jurisdiction shall assume custody or control of the whole or any substantial
part of Obligor's property and such custody or control shall not be terminated
or stayed within (90) days from the date of assumption of such custody or
control; and

4

     (e) if (i) the Obligor sells,
licenses, or otherwise transfers all or substantially all of its assets or (ii)
merges with or into another entity in a change of control transaction.

     8. Remedies. In case any
one or more of the Events of Default specified in Section 7 hereof shall have
occurred and be continuing, the Holder may proceed to protect and enforce its
rights whether by suit and/or equity and/or by action law, whether for the
specific performance of any covenant or agreement contained in this Note or in
aid of the exercise of any power granted in this Note, or the Holder may proceed
to enforce the payment of all sums due upon the Note or enforce any other legal
or equitable right of the Holder.

     9. Severability. In the
event that one or more of the provisions of this Note shall for any reason be
held invalid, illegal or unenforceable in any respect, such invalidity,
illegality or unenforceability shall not affect any other provision of this
Note, but this Note shall be construed as if such invalid, illegal or
unenforceable provision had never been contained herein.

     10. Governing Law This
Note and the right and obligations of the Obligor and the Holder shall be
governed by and construed in accordance with the laws of the State of Florida.
Any action to enforce this Note shall be in the federal or state courts of
Florida situated in Miami-Dade County.

     IN WITNESS WHEREOF, Star
Resorts Development Inc has signed this Note as of the 14th day of January 2009.

	 	OBLIGOR: 
	 	 
	 	STAR RESORTS
      DEVELOPMENT INC 
	 	 
	 	 By:	/s/ Alejandro Aparicio 
	 	 	Alejandro Aparicio 
	 	 	CEO 
	 	 	 
	 	 	  
	 	 	HOLDER 
	 	 	 
	 	 	BLUE MINT EXPLORATION INC 
	 	 	 
	 	 	 
	 	 By:	 /s/ Roger Knox

5

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