Document:

EXHIBIT  10.1

                           AMENDED AND RESTATED BYLAWS
                                       of
                              HARBIN ELECTRIC, INC.

                            SECTION 1.  OFFICES

The principal office of the Corporation shall be the address of the registered
office of the Corporation as so designated in the office of the Secretary of the
State of Nevada, or such other address as the Board of Directors ("Board") may
from time to time determine. The Corporation may have such other offices within
or without the State of Nevada as the Board may designate or as the business of
the Corporation may require. The Directors shall from time to time appoint a
Registered Agent for the Corporation within the State of Nevada.

                            SECTION 2.  SHAREHOLDERS

2.1       Annual  Meeting

The annual meeting of the shareholders to elect Directors and transact such
other business as may properly come before the meeting shall be held on such
date and at such time as may be designated from time to time by the Board.

2.2       Special  Meetings

Special meetings of the shareholders of the Corporation for any purpose may be
called at any time by the Board or, if the Directors in office constitute fewer
than a quorum of the Board, by the affirmative vote of a majority of all the
Directors in office, but such special meetings may not be called by any other
person or persons.

2.3       Meetings  by  Communications  Equipment

Shareholders may participate in any meeting of the shareholders by any means of
communication by which all persons participating in the meeting can hear each
other during the meeting. Participation by such means shall constitute presence
in person at a meeting.

2.4       Date,  Time  and  Place  of  Meeting

Except as otherwise provide in these Bylaws, all meetings of shareholders,
including those held pursuant to demand by shareholders, shall be held on such
date and at such time and place designated by or at the direction of the Board.

2.5       Notice  of  Meeting

Written notice stating the place, day and hour of the meeting and, in the case
of a special meeting, the purpose or purposes for which the meeting is called
shall be given by or at the direction of the Board, the Chairman of the Board,
the President or the Secretary to each shareholder entitled to notice of or to
vote at the meeting not less than 10 nor more than 60 days before the meeting,
except that notice of a meeting to act on an amendment to the Articles of
Incorporation, a plan of merger or share exchange, the sale, lease, exchange or
other disposition of all or substantially all of the Corporation's assets other
than in the regular course of business or the dissolution of the Corporation
shall be given not less than 20 or more than 60 days before such meeting. If an
annual or special shareholders' meeting is adjourned to a different date, time
or place, no notice of the new date, time or place is required if they are
announced at the meeting before adjournment. If a new record date for the
adjourned meeting is or must be fixed, notice of the adjourned meeting must be
given to shareholders entitled to notice of or to vote as of the new record
date.

                                      -3-
<PAGE>
Such notice may be transmitted by mail, private carrier, personal delivery,
telegraph, teletype or communications equipment that transmits a facsimile of
the notice. If those forms of written notice are impractical in the view of the
Board, the Chairman of the Board, the President or the Secretary, written notice
may be transmitted by an advertisement in a newspaper of general circulation in
the area of the Corporation's principal office. If such notice is mailed, it
shall be deemed effective when deposited in the official government mail,
first-class postage prepaid, properly addressed to the shareholder at such
shareholder's address as it appears in the Corporation's current record of
shareholders. Notice given in any other manner shall be deemed effective when
dispatched to the shareholder's address, telephone number or other number
appearing on the records of the Corporation. Any notice given by publication as
herein provided shall be deemed effective five days after first publication.

2.6       Waiver  of  Notice

Whenever any notice is required to be given by a shareholder under the
provisions of these Bylaws, the Articles of Incorporation or the Nevada Revised
Statutes, a waiver of notice in writing, signed by the person or persons
entitled to such notice and delivered to the Corporation, whether before or
after the date and time of the meeting or before or after the action to be taken
by consent is effective, shall be deemed equivalent to the giving of such
notice. Further, notice of the time, place and purpose of any meeting will be
deemed to be waived by any shareholder by attendance in person or by proxy,
unless such shareholder at the beginning of the meeting objects to holding the
meeting or transacting business at the meeting.

2.7       Fixing  of  Record  Date  for  Determining  Shareholders

For the purpose of determining shareholders entitled (a) to notice of or to vote
at any meeting of shareholders or any adjournment thereof, (b) to demand a
special meeting, or (c) to receive payment of any dividend, or in order to make
a determination of shareholders for any other purpose, the Board may fix a
future date as the record date for any such determination. Such record date
shall be not more than 70 days, and, in case of a meeting of shareholders, not
less than 10 days, prior to the date on which the particular action requiring
such determination is to be taken. If no record date is fixed for the
determination of shareholders entitled to notice of or to vote a meeting, the
record date shall be the day immediately preceding the date on which notice of
the meeting is first given to shareholders. Such a determination shall apply to
any adjournment of the meeting unless the Board fixes a new record date, which
it shall do if the meeting is adjourned to a date more than 120 days after the
date fixed for the original meeting. If no record date is set for the
determination of shareholders entitled to receive payment of any stock, dividend
or distribution (other than one involving a purchase, redemption or other
acquisition of the Corporation's shares), the record date shall be the date the
Board authorizes the stock dividend or distribution.

                                      -4-
<PAGE>
2.8       Voting  Record

At least 10 days before each meeting of shareholders, an alphabetical list of
the shareholders entitled to notice of such meeting shall be made, arranged by
voting group and by each class or series of shares, with the address of and
number of shares held by each shareholder. This record shall be kept at the
principal office of the Corporation for 10 days prior to such meeting, and shall
be kept open at such meeting, for the inspection of any shareholder or any
shareholder's agent or attorney.

2.9       Quorum

Except with respect to any greater requirement contained in the Articles of
Incorporation or the Nevada Revised Statutes, a majority of the votes entitled
to be cast on a matter by the holders of shares that, pursuant to the Articles
of Incorporation or the Nevada Revised Statutes, are entitled to vote and be
counted collectively upon such matter, represented in person or by proxy, shall
constitute a quorum of such shares at a meeting of shareholders. If less than
the required number of such votes are represented at a meeting, a majority of
the votes so represented may adjourn the meeting from time to time. Any business
may be transacted at a reconvened meeting that might have been transacted at the
meeting as originally called, provided a quorum is present or represented at
such meeting. Once a share is represented for any purpose at a meeting other
than solely to object to holding the meeting or transacting business, it is
deemed present for quorum purposes for the remainder of the meeting and any
adjournment (unless a new record date is or must be set for the adjourned
meeting), notwithstanding the withdrawal of enough shareholders to leave less
than a quorum.

2.10      Manner  of  Acting

If a quorum is present, action on a matter other than the election of Directors
shall be approved if the votes cast in favor of the action by the shares
entitled to vote and be counted collectively upon such matter exceed the votes
cast against such action by the shares entitled to vote and be counted
collectively thereon, unless the Articles of Incorporation or the Nevada Revised
Statutes requires a greater number of affirmative votes. Whenever the Nevada
Revised Statutes permits a Corporation's bylaws to specify that a lesser number
of shares than would otherwise be required shall suffice to approve an action by
shareholders, these Bylaws hereby specify that the number of shares required to
approve such an action shall be such lesser number.

2.11      Proxies

A shareholder may vote by proxy executed in writing by the shareholder or by his
or her attorney-in-fact or agent. Such proxy shall be effective when received by
the Secretary or other officer or agent authorized to tabulate votes. A proxy
shall become invalid 11 months after the date of its execution, unless otherwise
provided in the proxy. A proxy with respect to a specified meeting shall entitle
its holder to vote at any reconvened meeting following adjournment of such
meeting but shall not be valid after the final adjournment.

2.12      Voting  Shares

Except as provided in the Articles of Incorporation, each outstanding share
entitled to vote with respect to a matter submitted to a meeting of shareholders
shall be entitled to one vote upon such matter.

2.13      Voting  for  Directors

Each shareholder entitled to vote to an election of Directors may vote, in
person or by proxy, the number of shares owned by such shareholder for as many
persons as there are Directors to be elected and for whose election such
shareholder has a right to vote. Shareholders shall not have the right to
cumulate their votes. Unless otherwise provided in the Articles of
Incorporation, the candidates elected shall be those receiving the largest
number of votes cast, up to the number of Directors to be elected.

                                      -5-
<PAGE>
2.14      Action  by  Shareholders  Without  a  Meeting

Any action required or permitted to be taken at a meeting of the stockholders
may be taken without a meeting if, before or after the action, a written consent
thereto is signed by the stockholders holding at least a majority of the voting
power, except that if a different proportion of voting power is required for
such an action at a meeting, then that proportion of written consents in
required. Any such consent shall be inserted in the minute book as if it were
the minutes of a meeting of the shareholders.

                       SECTION 3.  BOARD OF DIRECTORS

3.1       General  Powers

All corporate powers shall be exercised by or under the authority of, and the
business and affairs of the Corporation shall be managed under the direction of,
the Board, except as may be otherwise provided in these Bylaws, the Articles of
Incorporation or the Nevada Revised Statutes.

3.2       Number  and  Tenure

The Board shall be composed of not less than one nor more than eleven Directors,
the specific number to be set by resolution of the Board or, if the Directors in
office constitute fewer than a quorum of the Board, by the affirmative vote of a
majority of all the Directors in office. Each Director shall hold office until
the next annual general meeting of shareholders and until his/her successor have
been elected and qualified. Directors need not be residents of the State of
Nevada or shareholders of the Corporation, be no less than 18 years of age and
need not meet any other qualifications. The Directors shall be elected by the
shareholders at the annual general meeting each year, and if, for any cause, the
Directors shall not have been elected at an annual general meeting, they may be
elected at a special meeting of shareholders called for that purpose in the
manner provided by these Bylaws.

3.3       Annual  and  Regular  Meetings

An annual Board meeting shall be held without notice immediately after and at
the same place as the annual meeting of shareholders. By resolution the Board,
or any committee designated by the Board, may specify the time and place for
holding regular meetings without notice other than such resolution.

3.4       Special  Meetings

Special meetings of the Board or any committee designated by the Board may be
called by or at the request of the Chairman of the Board, the President, the
Secretary or, in the case of special Board meetings, any one-third or more of
the Directors in office and, in the case of any special meeting of any committee
designated by the Board, by its Chairman. The person or persons authorized to
call special meetings may fix any place for holding any special Board or
committee meeting called by them.

3.5       Meetings  by  Communications  Equipment

                                      -6-
<PAGE>
Members of the Board or any committee designated by the Board may participate in
a meeting of such Board or committee by, or conduct the meeting through the use
of, any means of communication by which all Directors participating in the
meeting can hear each other during the meeting. Participation by such means
shall constitute presence in person at a meeting.

3.6       Notice  of  Special  Meetings

Notice of a special Board or committee meeting stating the place, day and hour
of the meeting shall be given to a Director in writing, orally or by email to
such address or addresses as provided by each director. Neither the business to
be transacted at nor the purpose of any special meeting need be specified in the
notice of such meeting.

     3.6.1  Personal Delivery

     If notice is given by personal delivery, the notice shall be delivered to a
     Director at least two days before the meeting.

     3.6.2  Delivery by Mail

     If notice is delivered by mail, the notice shall be deposited in the
     official government mail at least five days before the meeting, properly
     addressed to a Director at his or her address shown on the records of the
     Corporation, with postage thereon prepaid.

     3.6.3  Delivery by Private Carrier

     If notice is given by private carrier, the notice shall be dispatched to a
     Director at his or her address shown on the records of the Corporation at
     least three days before the meeting.

     3.6.4  Facsimile Notice

     If a notice is delivered by wire or wireless equipment that transmits a
     facsimile of the notice, the notice shall be dispatched at least two days
     before the meeting to a Director at his or her telephone number or other
     number appearing on the records of the Corporation.

     3.6.5  Delivery by Telegraph

     If notice is delivered by telegraph, the notice shall be delivered to the
     telegraph company for delivery to a Director at his or her address shown on
     the records of the Corporation at least three days before the meeting.

     3.6.6  Oral Notice

     If notice is delivered by orally, by telephone or in person, the notice
     shall be personally given to the Director at least two days before the
     meeting.

3.7       Waiver  of  Notice

     3.7.1  In Writing

                                      -7-
<PAGE>
     Whenever any notice is required to be given to any Director under the
     provisions of these Bylaws, the Articles of Incorporation or the Nevada
     Revised Statutes, a waiver thereof in writing, signed by the person or
     persons entitled to such notice and delivered to the Corporation, whether
     before or after the date and time of the meeting, shall be deemed
     equivalent to the giving of such notice. Neither the business to be
     transacted at nor the purpose of any regular or special meeting of the
     Board or any committee designated by the Board need be specified in the
     waiver of notice of such meeting.

     3.7.2  By Attendance

     A Director's attendance at or participation in a Board or committee meeting
     shall constitute a waiver of notice of such meeting, unless the Director at
     the beginning of the meeting, or promptly upon his or her arrival, objects
     to holding the meeting or transacting business at such meeting and does not
     thereafter vote for or assent to action taken at the meeting.

3.8       Quorum

A majority of the number of Directors fixed by or in the manner provided in
these Bylaws shall constitute a quorum for the transaction of business at any
Board meeting but, if less than a majority are present at a meeting, a majority
of the Directors present may adjourn the meeting from time to time without
further notice. A majority of the number of Directors composing any committee of
the Board, as established and fixed by resolution of the Board, shall constitute
a quorum for the transaction of business at any meeting of such committee but,
if less than a majority are present at a meeting, a majority of such Directors
present may adjourn the committee meeting from time to time without further
notice.

3.9       Manner of Acting

If a quorum is present when the vote is taken, the act of the majority of the
Directors present at a Board or committee meeting shall be the act of the Board
or such committee, unless the vote of a greater number is required by these
Bylaws, the Articles of Incorporation or the Nevada Revised Statutes.

3.10      Presumption of Assent

A Director of the Corporation who is present at a Board or committee meeting at
which any action is taken shall be deemed to have assented to the action taken
unless (a) the Director objects at the beginning of the meeting, or promptly
upon the Director's arrival, to holding the meeting or transacting any business
at such meeting, (b) the Director's dissent or abstention from the action taken
is entered in the minutes of the meeting, or (c) the Director delivers written
notice of the Director's dissent or abstention to the presiding officer of the
meeting before its adjournment or to the Corporation within a reasonable time
after adjournment of the meeting. The right of dissent or abstention is not
available to a Director who votes in favor of the action taken.

3.11      Action by Board or Committees Without a Meeting

                                      -8-
<PAGE>
Any action that could be taken at a meeting of the Board or of any committee
created by the Board may be taken without a meeting if one or more written
consents setting forth the action so taken are signed by each of the Directors
or by each committee member either before or after the action is taken and
delivered to the Corporation. Action taken by written consent of Directors
without a meeting is effective when the last Director signs the consent, unless
the consent specifies a later effective date. Any such written consent shall be
inserted in the minute book as if it were the minutes of a Board or a committee
meeting.

3.12      Resignation

Any Director may resign from the Board or any committee of the Board at any time
by delivering either oral tender of resignation at any meeting of the Board or
any committee, or written notice to the Chairman of the Board, the President,
the Secretary or the Board. Any such resignation is effective upon delivery
thereof unless the notice of resignation specifies a later effective date and,
unless otherwise specified therein, the acceptance of such resignation shall not
be necessary to make it effective.

3.13      Removal

At a meeting of shareholders called expressly for that purpose, one or more
members of the Board, including the entire Board, may be removed with or without
cause (unless the Articles of Incorporation permit removal for cause only) by
the holders of the shares entitled to elect the Director or Directors whose
removal is sought if the number of votes cast to remove the Director exceeds the
number of votes cast not to remove the Director.

3.14      Vacancies

If a vacancy occurs on the Board, including a vacancy resulting from an increase
in the number of Directors, the Board may fill the vacancy, or, if the Directors
in office constitute fewer than a quorum of the Board, they may fill the vacancy
by the affirmative vote of a majority of all the Directors in office. The
shareholders may fill a vacancy only if there are no Directors in office. A
Director elected to fill a vacancy shall serve only until the next election of
Directors by the shareholders.

3.15      Executive and Other Committees

     3.15.1  Creation of Committees

     The Board, by resolution adopted by the greater of a majority of the
     Directors then in office and the number of Directors required to take
     action in accordance with these Bylaws, may create standing or temporary
     committees, including an Executive Committee, and appoint members from its
     own number and invest such committees with such powers as it may see fit,
     subject to such conditions as may be prescribed by the Board, the Articles
     of Incorporation, these Bylaws and applicable law. Each committee must have
     one or more members, who shall serve at the pleasure of the Board.

     3.15.2  Authority of Committees

     Each Committee shall have and may exercise all the authority of the Board
     to the extent provided in the resolution of the Board creating the
     committee and any subsequent resolutions adopted in like manner, except
     that no such committee shall have the authority to: (1) authorize or
     approve a distribution except according to a general formula or method
     prescribed by the Board, (2) approve or propose to shareholders actions or
     proposals required by the Nevada Revised Statutes to be approved by
     shareholders, (3) fill vacancies on the Board or any committee thereof, (4)
     amend the Articles of Incorporation (5) adopt, amend or repeal Bylaws, (6)
     approve a plan of merger not requiring shareholder approval, or (7)
     authorize or approve the issuance or sale of contract for sale of shares,
     or determine the designation and relative rights, preferences and
     limitations of a class or series of shares except that the Board may
     authorize a committee or a senior executive officer of the Corporation to
     do so within limits specifically prescribed by the Board.

                                      -9-
<PAGE>
     3.15.3  Minutes of Meetings

     All committees shall keep regular minutes of their meetings and shall cause
     them to be recorded in books kept for that purpose.

     3.15.4  Removal

     The Board may remove any member of any committee elected or appointed by it
     but only by the affirmative vote of the greater of a majority of Directors
     then in office and the number of Directors required to take action in
     accordance with these Bylaws.

3.16      Compensation

By Board resolution, Directors and committee members may be paid either
expenses, if any, of attendance at each Board or committee meeting, or a fixed
sum for attendance at each Board or committee meeting, or a stated salary as
Director or a committee member, or a combination of the foregoing. No such
payment shall preclude any Director or committee member from serving the
Corporation in any other capacity and receiving compensation therefore.

                            SECTION 4.  OFFICERS

4.1       Appointment and Term

The officers of the Corporation shall be those officers appointed from time to
time by the Board or by any other officer empowered to do so. The Board shall
have sole power and authority to appoint executive officers. As used herein, the
term "executive officer" shall mean the President, the chief financial officer
and any other officer designated by the Board as an executive officer. The Board
or the President may appoint such other officers to hold office for such period,
have such authority and perform such duties as may be prescribed. The Board may
delegate to any other officer the power to appoint any subordinate officers and
to prescribe their respective terms of office, authority and duties. Any two or
more offices may be held by the same person. Unless an officer dies, resigns or
is removed from office, he or she shall hold office until his or her successor
is appointed.

4.2       Resignation

Any officer may resign at any time by delivering written notice to the
Corporation. Any such resignation is effective upon delivery, unless the notice
of resignation specifies a later effective date, and, unless otherwise
specified, the acceptance of such resignation shall not be necessary to make it
effective.

4.3       Removal

Any officer may be removed by the Board at any time, with or without cause. An
officer or assistant officer, if appointed by another officer, may be removed at
any time, with or without cause, by any officer authorized to appoint such
officer or assistant officer.

                                      -10-
<PAGE>
4.4       Contract Rights of Officers

The appointment of an officer does not itself create contract rights.

4.5       Chairman of the Board

If appointed, the Chairman of the Board shall perform such duties as shall be
assigned to him or her by the Board from time to time, and shall preside over
meetings of the Board and shareholders unless another officer is appointed or
designated by the Board of Chairman of such meetings.

4.6       President

The President shall be the chief executive officer of the Corporation unless
some other offices is to designated by the Board, shall preside over meetings of
the Board and shareholders in the absence of a Chairman of the Board, and,
subject to the Board's control, shall supervise and control all the assets,
business and affairs of the Corporation. In general, the President shall perform
all duties incident to the office of President and such other duties as are
prescribed by the Board from time to time. If no Secretary has been appointed,
the President shall have responsibility for the preparation of minutes of
meetings of the Board and shareholders and for authentication of the records of
the Corporation.

4.7       Vice President

In the event of the death of the President or his or her inability to act, the
Vice President (or if there is more than one Vice President, the Vice President
who was designated by the Board as the successor to the President, or if no Vice
President is so designated, the Vice President first elected to such office)
shall perform the duties of the President, except as may be limited by
resolution of the Board, with all the powers of and subject to all the
restrictions upon the President. Vice-Presidents shall perform such other duties
as from time to time may be assigned to them by the President or by or at the
direction of the Board.

4.8       Secretary

The Secretary shall be responsible for preparation of minutes of the meetings of
the Board and shareholders, maintenance of the Corporation records and stock
registers, and authentication of the Corporation's records, and shall in general
perform all duties incident to the office of Secretary and such other duties as
from time to time may be assigned to him or her by the President or by or at the
direction of the Board. In the absence of the Secretary, an Assistant Secretary
may perform the duties of the Secretary.

4.9       Treasurer

The Treasurer shall have charge and custody of and be responsible for all funds
and securities of the Corporation, receive and give receipts for moneys due and
payable to the Corporation from any source whatsoever, and deposit all such
moneys in the name of the Corporation in banks, trust companies or other
depositories selected in accordance with the provisions of these Bylaws, and in
general perform all the duties incident to the office of Treasurer and such
other duties as from time to time may be assigned to him or her by the President
or by or at the direction of the Board. In the absence of the Treasurer, an
Assistant Treasurer may perform the duties of the Treasurer.

                                      -11-
<PAGE>
4.10      Salaries

The salaries of the officers shall be fixed from time to time by the Board or by
any person or persons to whom the Board has delegated such authority. No officer
shall be prevented from receiving such salary by reason of the fact that he or
she is also a Director of the Corporation.

4.11      Loans by the Corporation

No loans shall be made by the Corporation to its Officers or Directors.

                SECTION 5. CONTRACTS, LOANS, CHECKS AND DEPOSITS

5.1       Contracts

The Board may authorize any officer or officers, or agent or agents, to enter
into any contract or execute and deliver any instrument in the name of and on
behalf of the Corporation. Such authority may be general or confined to specific
instances.

5.2       Loans to the Corporation

No loans shall be contracted on behalf of the Corporation and no evidences of
indebtedness shall be issued in its name unless authorized by a resolution of
the Board. Such authority may be general or confined to specific instances.

5.3       Checks, Drafts, Etc.

All checks, drafts or other orders for the payment of money, notes or other
evidences of indebtedness issued in the name of the Corporation shall be signed
by such officer or officers, or agent or agents, of the Corporation and in such
manner as is from time to time determined by resolution of the Board.

5.4       Deposits

All funds of the Corporation not otherwise employed shall be deposited from time
to time to the credit of the Corporation in such banks, trust companies or other
depositories as the Board may authorize.

              SECTION 6.  CERTIFICATES FOR SHARES AND THEIR TRANSFER

6.1       Issuance of Shares

No shares of the Corporation shall be issued unless authorized by the Board, or
by a committee designated by the Board to the extent such committee is empowered
to do so.

6.2       Certificates for Shares

                                      -12-
<PAGE>
Certificates representing shares of the Corporation shall be signed by any two
of the President, Vice-President, Secretary or Treasurer as designated by the
Board from time to time. Any certificate that is countersigned or otherwise
authenticated by a transfer agent or transfer clerk, or by a registrar may have
the facsimile of the officers= signatures printed or lithographed up on the
certificates in lieu of actual signatures. Certificates shall include on their
face written notice of any restrictions that may be imposed on the
transferability of such shares. All certificates shall be consecutively numbered
or otherwise identified.

6.3       Stock Records

The stock transfer books shall be kept at the principal office at the
Corporation or at the office of the Corporation's transfer agent or registrar.
The name and address of each person to whom certificates for shares are issued,
together with the class and number of shares represented by each such
certificate and the date of issue thereof shall be entered on the stock transfer
books of the Corporation. The person in whose name shares stand on the books of
the Corporation shall be deemed by the Corporation to be the owner thereof for
all purposes.

6.4       Transfer of Shares

The transfer of shares of the Corporation shall be made only on the stock
transfer books of the Corporation pursuant to authorization or document of
transfer made by the holder of record thereof or by his or her legal
representative, who shall furnish proper evidence of authority to transfer, or
by his or her attorney-in-fact authorized by power of attorney duly executed and
filed with the Secretary of the Corporation. All certificates surrendered to the
Corporation for transfer shall be canceled and no new certificate shall be
issued until the former certificates for a like number of shares shall have been
surrendered and canceled.

6.5       Lost or Destroyed Certificates

In the case of a lost, destroyed or damaged certificate, a new certificate may
be issued in its place upon such terms and indemnity to the Corporation as the
Board may prescribe.

                       SECTION 7.  BOOKS AND RECORDS

The  Corporation  shall:

     (a)     Keep as permanent records minutes of all meetings of its
     shareholders and the Board, a record of all actions taken by the
     shareholders or the Board without a meeting, and a record of all actions
     taken by a committee of the Board exercising the authority of the Board on
     behalf of the Corporation.

     (b)     Maintain appropriate accounting records.

     (c)     Maintain a record of its shareholders, in a form that permits
     preparation of a list of the names and addresses of all shareholders, in
     alphabetical order by class of shares showing the number and class of
     shares held by each; provided, however, such record may be maintained by an
     agent of the Corporation.

     (d)     Maintain its records in written form or in another form capable of
     conversion into written form within a reasonable time.

                                      -13-
<PAGE>
     (e)     Keep a copy of the following records at its principal office:

     1.      the Articles of Incorporation and all amendments thereto as
             currently in effect;

     2.      these Bylaws and all amendments thereto as currently in effect;

     3.      the minutes of all meetings of shareholders and records of all
             action taken by shareholders without a meeting, for the past three
             years;

     4.      the financial statements for the past three years;

     5.      all written communications to shareholders generally within the
             past three years;

     6.      a list of the names and business addresses of the current
             Directors and officers; and

     7.      the most recent annual report delivered to the Nevada Secretary
             of State.

                        SECTION 8.  ACCOUNTING YEAR

The accounting year of the Corporation shall be set by resolution of the Board
of Directors.

                              SECTION 9.  SEAL

The Board may provide for a corporate seal that shall consist of the name of the
Corporation, the state of its incorporation, and the year of its incorporation.

                        SECTION 10.  INDEMNIFICATION

10.1      Right  to  Indemnification

The Corporation shall indemnify any person who was or is a party or is
threatened to be made a party to any proceeding, whether civil, criminal,
administrative or investigative (other than an action by or in the right of the
Corporation) by reason of the fact that such person is or was a Director,
Trustee, Officer, employee or agent of the Corporation, or is or was serving at
the request of the Corporation as a Director, Trustee, Officer, employee or
agent of another Corporation, partnership, joint venture, trust or other
enterprise, against expenses (including attorneys= fees), judgment, fines and
amounts paid in settlement actually and reasonably incurred by such person in
connection with such action, suit or proceeding if such person acted in good
faith and in a manner such person reasonably believed to be in or not opposed to
the best interests of the Corporation, an with respect to any criminal action or
proceeding, had no reasonable cause to believe such person's conduct was
unlawful. The termination of any action, suit or proceeding by judgment, order,
settlement, conviction, or upon a plea of nolo contendere or its equivalent,
shall not, of itself, create a presumption that the person did not act in good
faith and in a manner which such person reasonably believed to be in or not
opposed to the best interests of the Corporation, and with respect to any
criminal action proceeding, had reasonable cause to believe that such person's
conduct was unlawful.

10.2      Restrictions on Indemnification

No indemnification shall be provided to any such indemnitee for acts or
omissions of the indemnitee finally adjudged to be intentional misconduct or a
knowing violation of law, for conduct of the indemnitee finally adjudged to be
liable for gross negligence or willful misconduct in the performance of such
person's duty to the Corporation unless and only to the extent that the court in
which such action or suit was brought shall determine, upon application, that
despite circumstances of case, such person is fairly and reasonably entitled to
indemnity for such expenses as such court shall deem proper. The termination of
any action or suit by judgment or settlement shall not, of itself, create a
presumption that the person did not act in good faith and in a manner which such
person reasonably believed to be in or not opposed to the best interests of the
Corporation.

                                      -14-
<PAGE>
10.3      Successful Defense

To the extent that a Director, Trustee, Officer, employee or agent of the
Corporation has been successful on the merits or otherwise, in whole or in part
in defense of any action, suit or proceeding referred to in Sections 10.1 or
10.2 above, or in defense of any claim, issue or matter therein, such person
shall be indemnified against expenses (including attorneys= fees) actually and
reasonably incurred by such person in connection therewith.

10.4      Authorization

The right to indemnification conferred in this Section (unless ordered by a
court) shall be made by the Corporation only as authorized in the specific case
upon a determination that indemnification of the Director, Trustee, Officer,
employee or agent is proper in the circumstances because such person has met the
applicable standard of conduct set forth in this Section. Such determination
shall be made (a) by the Board of Directors of the Corporation by a majority
vote of a quorum consisting of Directors who were not parties to such action,
suit or proceeding, or (b) if such a quorum is not obtainable, by a majority of
the Directors who were not parties to such action, suit or proceeding, or (c) by
independent legal counsel (selected by one or more of the Directors, whether or
not a quorum an whether or not disinterested) in a written opinion, or (d) by
the shareholders. Anyone making such a determination under this Section 10.4 may
determine that a person has met the standards therein set forth as to some
claims, issues or matters but not as to others, and may reasonably prorate
amounts to be paid as indemnification.

10.5      Advancement of Expenses

The right to indemnification conferred in this Section shall include the right
to be paid by the Corporation the expenses reasonably incurred in defending any
proceeding in advance of its final disposition (hereinafter an "advancement of
expenses"). As advancement of expenses shall be made upon delivery to the
Corporation of an undertaking (hereinafter an "undertaking"), by or on behalf of
such indemnitee, to repay all amounts so advanced if it shall ultimately be
determined by final judicial decision from which there is no further right to
appeal that such indemnitee is not entitled to be indemnified.

10.6      Nonexclusivity of Rights

The right to indemnification and the advancement of expenses conferred in this
Section shall not be exclusive of any other right that any person may have or
hereafter acquire under any statute, provision of the Articles of Incorporation
or Bylaws of the Corporation, general or specific action of the Board or
shareholders, contract or otherwise.

10.7      Insurance, Contracts and Funding

The Corporation may maintain insurance, at its expense, to protect itself and
any Director, officer, partner, trustee, employee or agent of the Corporation or
another Corporation, partnership, joint venture, trust, employee benefit plan or
other enterprise against any expense, liability or loss, whether or not the
Corporation would have the authority or right to indemnify such person against
such expense, liability or loss under the Nevada Revised Statutes or other law.
The Corporation may enter into contracts with any Director, officer, partner,
trustee, employee or agent of the Corporation in furtherance of the provisions
of this section and may create a trust fund, grant a security interest, or use
other means (including, without limitation, a letter of credit) to ensure the
payment of such amounts as may be necessary to effect indemnification as
provided in this Section.

                                      -15-
<PAGE>
10.8      Identification of Employees and Agents of the Corporation

In addition to the rights of indemnification set forth in subsection 10.1, the
Corporation may, by action of the Board, grant rights to indemnification and
advancement of expenses to employees and agents or any class or group of
employees and agents of the Corporation (a) with the same scope and effect as
the provisions of this Section with respect to indemnification and the
advancement of expenses of Directors and officers of the Corporation; (b)
pursuant to rights granted or provided by the Nevada Revised Statutes or (c) as
are otherwise consistent with law.

10.9      Persons Serving Other Entities

Any person who, while a Director or officer of the Corporation, is or was
serving (a) as a Director, officer, employee or agent of another Corporation of
which a majority of the shares entitled to vote in the election of its directors
is held by the Corporation or (b) as a partner, trustee or otherwise in an
executive or management capacity in a partnership, joint venture, trust,
employee benefit plan or other enterprise of which the Corporation or a majority
owned subsidiary of the Corporation is a general partner or has a majority
ownership shall conclusively be deemed to be so serving at the request of the
Corporation and entitled to indemnification and the advancement of expenses
under subsections 10.1 and 10.5 of this Section.

                SECTION 11.  REIMBURSEMENT OF DISALLOWED EXPENSES

If any salary, payment, reimbursement, employee fringe benefit, expense
allowance payment, or other expense incurred by the Corporation for the benefit
of an employee is disallowed in whole or in part as a deductible expense of the
Corporation for Federal Income Tax purposes, the employee shall reimburse the
Corporation, upon notice and demand, to the full extent of the disallowance.
This legally enforceable obligation is in accordance with the provisions of
Revenue Ruling 69-115, 1969-1 C.B. 50, and is for the purpose of entitling such
employee to a business expense deduction for the taxable year in which the
repayment is made to the Corporation. In this manner, the Corporations shall be
protected from having to bear the entire burden of disallowed expense items.

                             SECTION 12.  AMENDMENTS

These Bylaws may be altered, amended or repealed and new Bylaws may be adopted
by the Board, except that the Board may not repeal or amend any Bylaw that the
shareholders have expressly provided, in amending or repealing such Bylaw, may
not be amended or repealed by the Board. The shareholders may also alter, amend
and repeal these Bylaws or adopt new Bylaws. All Bylaws made by the Board may be
amended, repealed, altered or modified by the shareholders.

         [THE REMAINDER OF THIS PAGE HAS INTENTIONALLY BEEN LEFT BLANK]PRICESTER.COM, INC.
                              NOTE                            $30,000

PRICESTER.COM, INC. a Florida corporation (the "Company"), having its
principal place of business at 3900 Hollywood Boulevard, Hollywood,
Florida 33021, for value received, hereby promises to pay to Robert
Lestuk or registered assigns ("Holder") , the principal sum (the
"Principal Amount") of Thirty Thousand Dollars ($30,000).

1.   Interest.   The Company shall pay interest on the outstanding
Principal Amount from the date hereof, at the rate of 5.0% per annum.
Accrued interest shall be payable quarterly in arrears. All
computations on interest shall be made on the basis of a year of 360
days on the actual number of days any such Principal Amount is
outstanding.

2.   Maturity Date.    The Principal Amount is due on the earlier of
(i) August 31, 2005 or (ii) the date on which the Company receives $1
million of gross proceeds from the sale of its common stock after the
date hereof (the "Maturity Date").   The Principal Amount and all
accrued interest on the Note may be paid at any time, without penalty.

3.   Events of Default; Remedies.

   3.1   Events of Default; Acceleration.  If any of the following
conditions or events ("Events of Default") shall occur (whether
voluntary or involuntary or arising by operation of law or otherwise):

     a.   the Company shall default in the payment of any principal or
interest under this Note, or any other Note given in connection with
the transaction contemplated hereby;

     b.   the Company (i) files, or consents by answer (or failure to
contest) or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement of any other petition in
bankruptcy, for liquidation or dissolution or to take advantage of any
present or future bankruptcy or insolvency law of any jurisdiction,
(ii) make an assignment for the benefit of its creditors, (iii) seek or
consent to the appointment of a custodian, receiver, trustee,
liquidator or other officer with similar powers of itself or of any
substantial part of its property, (iv) be adjudicated a bankrupt or an
insolvent or be liquidated or dissolved, or (v) take corporate action
for the purpose of any of the foregoing; then, the unpaid principal
amount of this Note, together with the interest accrued thereon as well
as any unpaid principal and accrued interest on any other Note given in
connection herewith and shall automatically become and be due and
payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by
the Company.

     3.2   Remedies on Default.  If any Event of Default shall have
occurred and be continuing for a period of thirty (30) days, the Holder
of this Note may proceed to protect and enforce the rights available to
such Holder either by an action at law, suit in equity or both, whether
for the specific performance of any agreement contained in this Note,
or for an injunction against a violation of any of the terms hereof, or
in aid of the exercise of any power granted hereby or by law or
otherwise.  The Company will pay the Holder all such further amounts to
cover the cost and expenses of collection including, without
limitation, reasonable attorneys' fees, expenses and disbursements.

     3.3   Remedies Not Waived.  No course of dealing and no delay on
the part of Holder in exercising any right, power or remedy shall
operate as a waiver thereof or otherwise prejudice Holder's rights,
powers or remedies.

     3.4   Remedies Not Cumulative.  No right, power or remedy
conferred upon Holder shall be exclusive of any other right, power or
remedy referred to herein or now or hereafter available at law, in
equity, by statute or otherwise.

4.   Modification and Waiver.
The rights and obligations of the Company may not be modified or
waived, except in writing signed by the Company and the Holder.

5.   Governing Law.

This Note shall be governed by and construed in accordance with the
substantive laws of the State of Florida without reference to its
principles governing conflicts of law.

IN WITNESS WHEREOF, the Company has caused this Note to be duly
executed under its corporate seal.

Date:   February 7, 2005

PRICESTER.COM, INC.

By: /s/Joe Puentes
-------------------------------
Joe Puentes, President

                          PRICESTER.COM, INC.
                              NOTE                            $10,000

PRICESTER.COM, INC. a Florida corporation (the "Company"), having its
principal place of business at 3900 Hollywood Boulevard, Hollywood,
Florida 33021, for value received, hereby promises to pay to Scott T.
Pilling or registered assigns ("Holder") , the principal sum (the
"Principal Amount") of Ten Thousand Dollars ($10,000).

1.   Interest.   The Company shall pay interest on the outstanding
Principal Amount from the date hereof, at the rate of 5.0% per annum.
Accrued interest shall be payable quarterly in arrears. All
computations on interest shall be made on the basis of a year of 360
days on the actual number of days any such Principal Amount is
outstanding.

2.   Maturity Date.    The Principal Amount is due on the earlier of
(i) August 31, 2005 or (ii) the date on which the Company receives $1
million of gross proceeds from the sale of its common stock after the
date hereof (the "Maturity Date").   The Principal Amount and all
accrued interest on the Note may be paid at any time, without penalty.

3.   Events of Default; Remedies.

   3.1   Events of Default; Acceleration.  If any of the following
conditions or events ("Events of Default") shall occur (whether
voluntary or involuntary or arising by operation of law or otherwise):

     a.   the Company shall default in the payment of any principal or
interest under this Note, or any other Note given in connection with
the transaction contemplated hereby;

     b.   the Company (i) files, or consents by answer (or failure to
contest) or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement of any other petition in
bankruptcy, for liquidation or dissolution or to take advantage of any
present or future bankruptcy or insolvency law of any jurisdiction,
(ii) make an assignment for the benefit of its creditors, (iii) seek or
consent to the appointment of a custodian, receiver, trustee,
liquidator or other officer with similar powers of itself or of any
substantial part of its property, (iv) be adjudicated a bankrupt or an
insolvent or be liquidated or dissolved, or (v) take corporate action
for the purpose of any of the foregoing; then, the unpaid principal
amount of this Note, together with the interest accrued thereon as well
as any unpaid principal and accrued interest on any other Note given in
connection herewith and shall automatically become and be due and
payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by
the Company.

     3.2   Remedies on Default.  If any Event of Default shall have
occurred and be continuing for a period of thirty (30) days, the Holder
of this Note may proceed to protect and enforce the rights available to
such Holder either by an action at law, suit in equity or both, whether
for the specific performance of any agreement contained in this Note,
or for an injunction against a violation of any of the terms hereof, or
in aid of the exercise of any power granted hereby or by law or
otherwise.  The Company will pay the Holder all such further amounts to
cover the cost and expenses of collection including, without
limitation, reasonable attorneys' fees, expenses and disbursements.

     3.3   Remedies Not Waived.  No course of dealing and no delay on
the part of Holder in exercising any right, power or remedy shall
operate as a waiver thereof or otherwise prejudice Holder's rights,
powers or remedies.

     3.4   Remedies Not Cumulative.  No right, power or remedy
conferred upon Holder shall be exclusive of any other right, power or
remedy referred to herein or now or hereafter available at law, in
equity, by statute or otherwise.

4.   Modification and Waiver.
The rights and obligations of the Company may not be modified or
waived, except in writing signed by the Company and the Holder.

5.   Governing Law.

This Note shall be governed by and construed in accordance with the
substantive laws of the State of Florida without reference to its
principles governing conflicts of law.

IN WITNESS WHEREOF, the Company has caused this Note to be duly
executed under its corporate seal.

Date:   February 17, 2005

PRICESTER.COM, INC.

By: /s/Joe Puentes
-------------------------------
Joe Puentes, President

                          PRICESTER.COM, INC.
                              NOTE                            $15,000

PRICESTER.COM, INC. a Florida corporation (the "Company"), having its
principal place of business at 3900 Hollywood Boulevard, Hollywood,
Florida 33021, for value received, hereby promises to pay to Scott T.
Pilling or registered assigns ("Holder") , the principal sum (the
"Principal Amount") of Fifteen Thousand Dollars ($15,000).

1.   Interest.   The Company shall pay interest on the outstanding
Principal Amount from the date hereof, at the rate of 5.0% per annum.
Accrued interest shall be payable quarterly in arrears. All
computations on interest shall be made on the basis of a year of 360
days on the actual number of days any such Principal Amount is
outstanding.

2.   Maturity Date.    The Principal Amount is due on the earlier of
(i) August 31, 2005 or (ii) the date on which the Company receives $1
million of gross proceeds from the sale of its common stock after the
date hereof (the "Maturity Date").   The Principal Amount and all
accrued interest on the Note may be paid at any time, without penalty.

3.   Events of Default; Remedies.

   3.1   Events of Default; Acceleration.  If any of the following
conditions or events ("Events of Default") shall occur (whether
voluntary or involuntary or arising by operation of law or otherwise):

     a.   the Company shall default in the payment of any principal or
interest under this Note, or any other Note given in connection with
the transaction contemplated hereby;

     b.   the Company (i) files, or consents by answer (or failure to
contest) or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement of any other petition in
bankruptcy, for liquidation or dissolution or to take advantage of any
present or future bankruptcy or insolvency law of any jurisdiction,
(ii) make an assignment for the benefit of its creditors, (iii) seek or
consent to the appointment of a custodian, receiver, trustee,
liquidator or other officer with similar powers of itself or of any
substantial part of its property, (iv) be adjudicated a bankrupt or an
insolvent or be liquidated or dissolved, or (v) take corporate action
for the purpose of any of the foregoing; then, the unpaid principal
amount of this Note, together with the interest accrued thereon as well
as any unpaid principal and accrued interest on any other Note given in
connection herewith and shall automatically become and be due and
payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by
the Company.

     3.2   Remedies on Default.  If any Event of Default shall have
occurred and be continuing for a period of thirty (30) days, the Holder
of this Note may proceed to protect and enforce the rights available to
such Holder either by an action at law, suit in equity or both, whether
for the specific performance of any agreement contained in this Note,
or for an injunction against a violation of any of the terms hereof, or
in aid of the exercise of any power granted hereby or by law or
otherwise.  The Company will pay the Holder all such further amounts to
cover the cost and expenses of collection including, without
limitation, reasonable attorneys' fees, expenses and disbursements.

     3.3   Remedies Not Waived.  No course of dealing and no delay on
the part of Holder in exercising any right, power or remedy shall
operate as a waiver thereof or otherwise prejudice Holder's rights,
powers or remedies.

     3.4   Remedies Not Cumulative.  No right, power or remedy
conferred upon Holder shall be exclusive of any other right, power or
remedy referred to herein or now or hereafter available at law, in
equity, by statute or otherwise.

4.   Modification and Waiver.
The rights and obligations of the Company may not be modified or
waived, except in writing signed by the Company and the Holder.

5.   Governing Law.

This Note shall be governed by and construed in accordance with the
substantive laws of the State of Florida without reference to its
principles governing conflicts of law.

IN WITNESS WHEREOF, the Company has caused this Note to be duly
executed under its corporate seal.

Date:   February 7, 2005

PRICESTER.COM, INC.

By: /s/Joe Puentes
-------------------------------
Joe Puentes, President

                          PRICESTER.COM, INC.
                              NOTE                            $10,000

PRICESTER.COM, INC. a Florida corporation (the "Company"), having its
principal place of business at 3900 Hollywood Boulevard, Hollywood,
Florida 33021, for value received, hereby promises to pay to Clarice B.
Pollock and Edward J. Lesen or registered assigns ("Holder") , the
principal sum (the "Principal Amount") of Ten Thousand Dollars
($10,000).

1.   Interest.   The Company shall pay interest on the outstanding
Principal Amount from the date hereof, at the rate of 5.0% per annum.
Accrued interest shall be payable quarterly in arrears. All
computations on interest shall be made on the basis of a year of 360
days on the actual number of days any such Principal Amount is
outstanding.

2.   Maturity Date.    The Principal Amount is due on the earlier of
(i) August 31, 2005 or (ii) the date on which the Company receives $1
million of gross proceeds from the sale of its common stock after the
date hereof (the "Maturity Date").   The Principal Amount and all
accrued interest on the Note may be paid at any time, without penalty.

3.   Events of Default; Remedies.

   3.1   Events of Default; Acceleration.  If any of the following
conditions or events ("Events of Default") shall occur (whether
voluntary or involuntary or arising by operation of law or otherwise):

     a.   the Company shall default in the payment of any principal or
interest under this Note, or any other Note given in connection with
the transaction contemplated hereby;

     b.   the Company (i) files, or consents by answer (or failure to
contest) or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement of any other petition in
bankruptcy, for liquidation or dissolution or to take advantage of any
present or future bankruptcy or insolvency law of any jurisdiction,
(ii) make an assignment for the benefit of its creditors, (iii) seek or
consent to the appointment of a custodian, receiver, trustee,
liquidator or other officer with similar powers of itself or of any
substantial part of its property, (iv) be adjudicated a bankrupt or an
insolvent or be liquidated or dissolved, or (v) take corporate action
for the purpose of any of the foregoing; then, the unpaid principal
amount of this Note, together with the interest accrued thereon as well
as any unpaid principal and accrued interest on any other Note given in
connection herewith and shall automatically become and be due and
payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by
the Company.

     3.2   Remedies on Default.  If any Event of Default shall have
occurred and be continuing for a period of thirty (30) days, the Holder
of this Note may proceed to protect and enforce the rights available to
such Holder either by an action at law, suit in equity or both, whether
for the specific performance of any agreement contained in this Note,
or for an injunction against a violation of any of the terms hereof, or
in aid of the exercise of any power granted hereby or by law or
otherwise.  The Company will pay the Holder all such further amounts to
cover the cost and expenses of collection including, without
limitation, reasonable attorneys' fees, expenses and disbursements.

     3.3   Remedies Not Waived.  No course of dealing and no delay on
the part of Holder in exercising any right, power or remedy shall
operate as a waiver thereof or otherwise prejudice Holder's rights,
powers or remedies.

     3.4   Remedies Not Cumulative.  No right, power or remedy
conferred upon Holder shall be exclusive of any other right, power or
remedy referred to herein or now or hereafter available at law, in
equity, by statute or otherwise.

4.   Modification and Waiver.
The rights and obligations of the Company may not be modified or
waived, except in writing signed by the Company and the Holder.

5.   Governing Law.

This Note shall be governed by and construed in accordance with the
substantive laws of the State of Florida without reference to its
principles governing conflicts of law.

IN WITNESS WHEREOF, the Company has caused this Note to be duly
executed under its corporate seal.

Date:   February 7, 2005

PRICESTER.COM, INC.

By: /s/Joe Puentes
-------------------------------
Joe Puentes, President

                          PRICESTER.COM, INC.
                              NOTE                            $10,000

PRICESTER.COM, INC. a Florida corporation (the "Company"), having its
principal place of business at 3900 Hollywood Boulevard, Hollywood,
Florida 33021, for value received, hereby promises to pay to Garet J.
Pilling or registered assigns ("Holder") , the principal sum (the
"Principal Amount") of Ten Thousand Dollars ($10,000).

1.   Interest.   The Company shall pay interest on the outstanding
Principal Amount from the date hereof, at the rate of 5.0% per annum.
Accrued interest shall be payable quarterly in arrears. All
computations on interest shall be made on the basis of a year of 360
days on the actual number of days any such Principal Amount is
outstanding.

2.   Maturity Date.    The Principal Amount is due on the earlier of
(i) August 31, 2005 or (ii) the date on which the Company receives $1
million of gross proceeds from the sale of its common stock after the
date hereof (the "Maturity Date").   The Principal Amount and all
accrued interest on the Note may be paid at any time, without penalty.

3.   Events of Default; Remedies.

   3.1   Events of Default; Acceleration.  If any of the following
conditions or events ("Events of Default") shall occur (whether
voluntary or involuntary or arising by operation of law or otherwise):

     a.   the Company shall default in the payment of any principal or
interest under this Note, or any other Note given in connection with
the transaction contemplated hereby;

     b.   the Company (i) files, or consents by answer (or failure to
contest) or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement of any other petition in
bankruptcy, for liquidation or dissolution or to take advantage of any
present or future bankruptcy or insolvency law of any jurisdiction,
(ii) make an assignment for the benefit of its creditors, (iii) seek or
consent to the appointment of a custodian, receiver, trustee,
liquidator or other officer with similar powers of itself or of any
substantial part of its property, (iv) be adjudicated a bankrupt or an
insolvent or be liquidated or dissolved, or (v) take corporate action
for the purpose of any of the foregoing; then, the unpaid principal
amount of this Note, together with the interest accrued thereon as well
as any unpaid principal and accrued interest on any other Note given in
connection herewith and shall automatically become and be due and
payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by
the Company.

     3.2   Remedies on Default.  If any Event of Default shall have
occurred and be continuing for a period of thirty (30) days, the Holder
of this Note may proceed to protect and enforce the rights available to
such Holder either by an action at law, suit in equity or both, whether
for the specific performance of any agreement contained in this Note,
or for an injunction against a violation of any of the terms hereof, or
in aid of the exercise of any power granted hereby or by law or
otherwise.  The Company will pay the Holder all such further amounts to
cover the cost and expenses of collection including, without
limitation, reasonable attorneys' fees, expenses and disbursements.

     3.3   Remedies Not Waived.  No course of dealing and no delay on
the part of Holder in exercising any right, power or remedy shall
operate as a waiver thereof or otherwise prejudice Holder's rights,
powers or remedies.

     3.4   Remedies Not Cumulative.  No right, power or remedy
conferred upon Holder shall be exclusive of any other right, power or
remedy referred to herein or now or hereafter available at law, in
equity, by statute or otherwise.

4.   Modification and Waiver.
The rights and obligations of the Company may not be modified or
waived, except in writing signed by the Company and the Holder.

5.   Governing Law.

This Note shall be governed by and construed in accordance with the
substantive laws of the State of Florida without reference to its
principles governing conflicts of law.

IN WITNESS WHEREOF, the Company has caused this Note to be duly
executed under its corporate seal.

Date:   February 7, 2005

PRICESTER.COM, INC.

By: /s/Joe Puentes
-------------------------------
Joe Puentes, President

                          PRICESTER.COM, INC.
                              NOTE                            $20,000

PRICESTER.COM, INC. a Florida corporation (the "Company"), having its
principal place of business at 3900 Hollywood Boulevard, Hollywood,
Florida 33021, for value received, hereby promises to pay to Steve
Kontos or registered assigns ("Holder") , the principal sum (the
"Principal Amount") of Twenty Thousand Dollars ($20,000).

1.   Interest.   The Company shall pay interest on the outstanding
Principal Amount from the date hereof, at the rate of 5.0% per annum.
Accrued interest shall be payable quarterly in arrears. All
computations on interest shall be made on the basis of a year of 360
days on the actual number of days any such Principal Amount is
outstanding.

2.   Maturity Date.    The Principal Amount is due on the earlier of
(i) August 31, 2005 or (ii) the date on which the Company receives $1
million of gross proceeds from the sale of its common stock after the
date hereof (the "Maturity Date").   The Principal Amount and all
accrued interest on the Note may be paid at any time, without penalty.

3.   Events of Default; Remedies.

   3.1   Events of Default; Acceleration.  If any of the following
conditions or events ("Events of Default") shall occur (whether
voluntary or involuntary or arising by operation of law or otherwise):

     a.   the Company shall default in the payment of any principal or
interest under this Note, or any other Note given in connection with
the transaction contemplated hereby;

     b.   the Company (i) files, or consents by answer (or failure to
contest) or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement of any other petition in
bankruptcy, for liquidation or dissolution or to take advantage of any
present or future bankruptcy or insolvency law of any jurisdiction,
(ii) make an assignment for the benefit of its creditors, (iii) seek or
consent to the appointment of a custodian, receiver, trustee,
liquidator or other officer with similar powers of itself or of any
substantial part of its property, (iv) be adjudicated a bankrupt or an
insolvent or be liquidated or dissolved, or (v) take corporate action
for the purpose of any of the foregoing; then, the unpaid principal
amount of this Note, together with the interest accrued thereon as well
as any unpaid principal and accrued interest on any other Note given in
connection herewith and shall automatically become and be due and
payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by
the Company.

     3.2   Remedies on Default.  If any Event of Default shall have
occurred and be continuing for a period of thirty (30) days, the Holder
of this Note may proceed to protect and enforce the rights available to
such Holder either by an action at law, suit in equity or both, whether
for the specific performance of any agreement contained in this Note,
or for an injunction against a violation of any of the terms hereof, or
in aid of the exercise of any power granted hereby or by law or
otherwise.  The Company will pay the Holder all such further amounts to
cover the cost and expenses of collection including, without
limitation, reasonable attorneys' fees, expenses and disbursements.

     3.3   Remedies Not Waived.  No course of dealing and no delay on
the part of Holder in exercising any right, power or remedy shall
operate as a waiver thereof or otherwise prejudice Holder's rights,
powers or remedies.

     3.4   Remedies Not Cumulative.  No right, power or remedy
conferred upon Holder shall be exclusive of any other right, power or
remedy referred to herein or now or hereafter available at law, in
equity, by statute or otherwise.

4.   Modification and Waiver.
The rights and obligations of the Company may not be modified or
waived, except in writing signed by the Company and the Holder.

5.   Governing Law.

This Note shall be governed by and construed in accordance with the
substantive laws of the State of Florida without reference to its
principles governing conflicts of law.

IN WITNESS WHEREOF, the Company has caused this Note to be duly
executed under its corporate seal.

Date:   February 10, 2005

PRICESTER.COM, INC.

By: /s/Joe Puentes
-------------------------------
Joe Puentes, President

                          PRICESTER.COM, INC.
                              NOTE                            $20,000

PRICESTER.COM, INC. a Florida corporation (the "Company"), having its
principal place of business at 3900 Hollywood Boulevard, Hollywood,
Florida 33021, for value received, hereby promises to pay to Paul Auger
or registered assigns ("Holder") , the principal sum (the "Principal
Amount") of Twenty Thousand Dollars ($20,000).

1.   Interest.   The Company shall pay interest on the outstanding
Principal Amount from the date hereof, at the rate of 5.0% per annum.
Accrued interest shall be payable quarterly in arrears. All
computations on interest shall be made on the basis of a year of 360
days on the actual number of days any such Principal Amount is
outstanding.

2.   Maturity Date.    The Principal Amount is due on the earlier of
(i) August 31, 2005 or (ii) the date on which the Company receives $1
million of gross proceeds from the sale of its common stock after the
date hereof (the "Maturity Date").   The Principal Amount and all
accrued interest on the Note may be paid at any time, without penalty.

3.   Events of Default; Remedies.

   3.1   Events of Default; Acceleration.  If any of the following
conditions or events ("Events of Default") shall occur (whether
voluntary or involuntary or arising by operation of law or otherwise):

     a.   the Company shall default in the payment of any principal or
interest under this Note, or any other Note given in connection with
the transaction contemplated hereby;

     b.   the Company (i) files, or consents by answer (or failure to
contest) or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement of any other petition in
bankruptcy, for liquidation or dissolution or to take advantage of any
present or future bankruptcy or insolvency law of any jurisdiction,
(ii) make an assignment for the benefit of its creditors, (iii) seek or
consent to the appointment of a custodian, receiver, trustee,
liquidator or other officer with similar powers of itself or of any
substantial part of its property, (iv) be adjudicated a bankrupt or an
insolvent or be liquidated or dissolved, or (v) take corporate action
for the purpose of any of the foregoing; then, the unpaid principal
amount of this Note, together with the interest accrued thereon as well
as any unpaid principal and accrued interest on any other Note given in
connection herewith and shall automatically become and be due and
payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by
the Company.

     3.2   Remedies on Default.  If any Event of Default shall have
occurred and be continuing for a period of thirty (30) days, the Holder
of this Note may proceed to protect and enforce the rights available to
such Holder either by an action at law, suit in equity or both, whether
for the specific performance of any agreement contained in this Note,
or for an injunction against a violation of any of the terms hereof, or
in aid of the exercise of any power granted hereby or by law or
otherwise.  The Company will pay the Holder all such further amounts to
cover the cost and expenses of collection including, without
limitation, reasonable attorneys' fees, expenses and disbursements.

     3.3   Remedies Not Waived.  No course of dealing and no delay on
the part of Holder in exercising any right, power or remedy shall
operate as a waiver thereof or otherwise prejudice Holder's rights,
powers or remedies.

     3.4   Remedies Not Cumulative.  No right, power or remedy
conferred upon Holder shall be exclusive of any other right, power or
remedy referred to herein or now or hereafter available at law, in
equity, by statute or otherwise.

4.   Modification and Waiver.
The rights and obligations of the Company may not be modified or
waived, except in writing signed by the Company and the Holder.

5.   Governing Law.

This Note shall be governed by and construed in accordance with the
substantive laws of the State of Florida without reference to its
principles governing conflicts of law.

IN WITNESS WHEREOF, the Company has caused this Note to be duly
executed under its corporate seal.

Date:   February 11, 2005

PRICESTER.COM, INC.

By: /s/Joe Puentes
-------------------------------
Joe Puentes, President

                          PRICESTER.COM, INC.
                              NOTE                            $10,000

PRICESTER.COM, INC. a Florida corporation (the "Company"), having its
principal place of business at 3900 Hollywood Boulevard, Hollywood,
Florida 33021, for value received, hereby promises to pay to Paul Auger
or registered assigns ("Holder") , the principal sum (the "Principal
Amount") of Ten Thousand Dollars ($10,000).

1.   Interest.   The Company shall pay interest on the outstanding
Principal Amount from the date hereof, at the rate of 5.0% per annum.
Accrued interest shall be payable quarterly in arrears. All
computations on interest shall be made on the basis of a year of 360
days on the actual number of days any such Principal Amount is
outstanding.

2.   Maturity Date.    The Principal Amount is due on the earlier of
(i) August 31, 2005 or (ii) the date on which the Company receives $1
million of gross proceeds from the sale of its common stock after the
date hereof (the "Maturity Date").   The Principal Amount and all
accrued interest on the Note may be paid at any time, without penalty.

3.   Events of Default; Remedies.

   3.1   Events of Default; Acceleration.  If any of the following
conditions or events ("Events of Default") shall occur (whether
voluntary or involuntary or arising by operation of law or otherwise):

     a.   the Company shall default in the payment of any principal or
interest under this Note, or any other Note given in connection with
the transaction contemplated hereby;

     b.   the Company (i) files, or consents by answer (or failure to
contest) or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement of any other petition in
bankruptcy, for liquidation or dissolution or to take advantage of any
present or future bankruptcy or insolvency law of any jurisdiction,
(ii) make an assignment for the benefit of its creditors, (iii) seek or
consent to the appointment of a custodian, receiver, trustee,
liquidator or other officer with similar powers of itself or of any
substantial part of its property, (iv) be adjudicated a bankrupt or an
insolvent or be liquidated or dissolved, or (v) take corporate action
for the purpose of any of the foregoing; then, the unpaid principal
amount of this Note, together with the interest accrued thereon as well
as any unpaid principal and accrued interest on any other Note given in
connection herewith and shall automatically become and be due and
payable, without presentment, demand, protest, notice or other
requirements of any kind, all of which are hereby expressly waived by
the Company.

     3.2   Remedies on Default.  If any Event of Default shall have
occurred and be continuing for a period of thirty (30) days, the Holder
of this Note may proceed to protect and enforce the rights available to
such Holder either by an action at law, suit in equity or both, whether
for the specific performance of any agreement contained in this Note,
or for an injunction against a violation of any of the terms hereof, or
in aid of the exercise of any power granted hereby or by law or
otherwise.  The Company will pay the Holder all such further amounts to
cover the cost and expenses of collection including, without
limitation, reasonable attorneys' fees, expenses and disbursements.

     3.3   Remedies Not Waived.  No course of dealing and no delay on
the part of Holder in exercising any right, power or remedy shall
operate as a waiver thereof or otherwise prejudice Holder's rights,
powers or remedies.

     3.4   Remedies Not Cumulative.  No right, power or remedy
conferred upon Holder shall be exclusive of any other right, power or
remedy referred to herein or now or hereafter available at law, in
equity, by statute or otherwise.

4.   Modification and Waiver.
The rights and obligations of the Company may not be modified or
waived, except in writing signed by the Company and the Holder.

5.   Governing Law.

This Note shall be governed by and construed in accordance with the
substantive laws of the State of Florida without reference to its
principles governing conflicts of law.

IN WITNESS WHEREOF, the Company has caused this Note to be duly
executed under its corporate seal.

Date:   February 11, 2005

PRICESTER.COM, INC.

By: /s/Joe Puentes
-------------------------------
Joe Puentes, President

16

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}]]