Document:

747469_3
                                                                  Exhibit  10.48

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

     This  Registration  Rights Agreement (this "Agreement") is made and entered
                                                 ---------
into  as  of  November  26,  2001,  between  THE  AMANDA  COMPANY.  INC., a Utah
corporation  (the  "Company")  and  the  purchaser listed on Schedule I attached
                    -------
hereto  (the  "Purchaser")
               ---------

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

     The  Company  and  the  Purchaser  hereby  agree  as  follows:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

On  or  prior  to  the  Filing  Date the Company shall prepare and file with the
Commission  a "shelf" Registration Statement covering all Registrable Securities
for  an  offering  to  be  made on a continuous basis pursuant to Rule 415.  The
Registration  Statement  shall be on Form S-2.  The Company shall (i) not permit
any  securities  other  than  the  Registrable  Securities to be included in the
Registration  Statement  without  the  consent of the Purchaser and (ii) use its
best  efforts to cause the Registration Statement to be declared effective under
the  Securities Act as promptly as possible after the filing thereof, but in any
event  prior  to the Effectiveness Date, and to keep such Registration Statement
continuously  effective  under  the  Securities  Act  until  such date as is the
earlier  of  (x)  the  date  when  all  Registrable  Securities  covered by such
Registration  Statement  have been sold or (y) the date on which the Registrable
Securities  may  be  sold  without  any  restriction  pursuant  to  Rule  144 as
determined  by  the counsel to the Company pursuant to a written opinion letter,
addressed  to  the  Company's  transfer agent to such effect (the "Effectiveness
                                                                   -------------
Period").  If  an  additional  Registration  Statement  is  required to be filed
   ---
because  the  actual  number  of shares of Common Stock into which the Notes are
   --
convertible  and  the  Warrants  are exercisable exceeds the number of shares of
Common  Stock  initially  registered in respect of the Conversion Shares and the
Warrant Shares based upon the computation on the Closing Date, the Company shall
have  forty-five  (45)  Business  Days  to  file  such  additional  Registration
Statement,  and  the Company shall use its best efforts to cause such additional
Registration  Statement  to  be  declared effective by the Commission as soon as
possible,  but  in  no  event  later  than  ninety  (90)  days  after  filing.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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

                                        THE  AMANDA  COMPANY,  INC

                                        By:     /s/  Jose  Candia
                                        Name:   Jose  Candia

                                        Title:   Chief  Executive  Officer

                                        STONESTREET  LIMITED  PARTNERSHIP

                                        By:  /s/  Ms.  Libby  Leonard
                                        Name:
                                        Title:

                                        STONESTREET CORPORATION

                                        By:  /s/  Michael  Finkelstein
                                        Name:  /s/  Michael  Finkelstein
                                        Title:

<PAGE>
                                         Schedule I
                                        ----------

STONESTREET  LIMITED  PARTNERSHIP
260  Town  Center  Blvd.  Ste  201
Markham,  ON  L3R  8H8
Fax  No.:  416-956-8989

STONESTREET  CORPORATION
260  Town  Center  Blvd.  Ste  201
Markham,  ON  L3R  8H8
Fax  No.:  416-956-8989Exhibit 10.50

THIS  WARRANT AND THE SHARES ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE NOT
BEEN  REGIS-TERED  UNDER  THE  SECURITIES  ACT  OF  1933, AS AMENDED.  EXCEPT AS
OTHERWISE  SET  FORTH  HEREIN  OR IN A SECURITIES PURCHASE AGREEMENT DATED AS OF
JANUARY  __,  2002,  NEITHER  THIS  WARRANT  NOR ANY OF SUCH SHARES MAY BE SOLD,
TRANSFERRED  OR  ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRA-TION STATEMENT
FOR SUCH SECURITIES UNDER SAID ACT OR, AN OPINION OF COUNSEL, IN FORM, SUBSTANCE
AND  SCOPE,  CUSTOMARY  FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT
REGISTRATION  IS NOT REQUIRED UNDER SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144
OR  REGULATION  S  UNDER  SUCH  ACT.

                                                                    Right  to
                                                                    Purchase
                                                                    ________
                                                                    Shares  of
                                                                    Common
                                                                    Stock,  par
                                                                    value  $0.01
                                                                    per  share

                             STOCK PURCHASE WARRANT

     THIS  CERTIFIES  THAT, for value received, Bristol Investment Fund, Ltd. or
its  registered assigns, is entitled to purchase from The Amanda Company, a Utah
corporation  (the "Company"), at any time or from time to time during the period
specified  in  Paragraph  2  hereof,  _____________________________ (__________)
fully  paid  and  nonassessable shares of the Company's Com-mon Stock, par value
$0.01  per  share  (the "Common Stock"), at an exercise price per share equal to
the  lesser of (i) $_____ [the average of the lowest 3 Trading Prices during the
30  Trading  Days  immediately  prior to the closing date, discounted by 30% and
(ii)  the  average  of  the  lowest  three (3) Trading Prices (as defined below)
during  the  thirty  (30)  Trading  Days (as defined below) immediately prior to
exercise,  discounted by 30% (the "Exercise Price").  The term "Warrant Shares,"
as used herein, refers to the shares of Common Stock purchasable hereunder.  The
Warrant  Shares  and the Exercise Price are subject to adjustment as provided in
Paragraph  4  hereof.  The  term  "Warrants"  means  this  Warrant and the other
warrants  issued  pursuant  to that certain Securities Purchase Agreement, dated
January  __,  2002,  by  and  among  the  Company  and  the Buyers listed on the
execution  page  thereof  (the  "Securities  Purchase Agreement"), including any
additional  warrants issuable pursuant to Section 4(l) thereof.  "Trading Price"
means,  for  any  security  as  of  any  date, the intraday trading price on the
Over-the-Counter Bulletin Board (the "OTCBB") as reported by Bloomberg Financial
Markets  or an equivalent, reliable reporting service mutually acceptable to and
hereafter  designated  by the holder hereof and the Company ("Bloomberg") or, if
the  OTCBB  is  not the principal trading market for such security, the intraday
trading  price  of such security on the principal securities exchange or trading
market  where  such security is listed or traded as reported by Bloomberg or, if
no  intraday trading price of such security is available in any of the foregoing
manners,  the  average  of  the intraday trading prices of any market makers for
such  security  that  are  listed in the "pink sheets" by the National Quotation
Bureau,  Inc.  If  the  Trading  Price cannot be calculated for such security on
such  date  in  the  manner  provided above, the Trading Price shall be the fair
market  value  as  mutually  determined  by  the  Company and the holder of this
Warrant.  "Trading  Day"  shall mean any day on which the Common Stock is traded
for  any  period  on the OTCBB, or on the principal securities exchange or other
securities  market  on  which  the  Common  Stock  is  then  being  traded.

     This Warrant is subject to the following terms, provisions, and conditions:

     -MANNER OF EXERCISE; ISSUANCE OF CERTIFICATES; PAYMENT FOR SHARES.  Subject
      ----------------------------------------------------------------
to the provisions hereof, this Warrant may be exercised by the holder hereof, in
whole  or  in  part, by the surrender of this Warrant, together with a completed
exercise  agreement  in  the form attached hereto (the "Exercise Agreement"), to
the  Company  during  normal business hours on any business day at the Company's
principal executive offices (or such other office or agency of the Company as it
may  designate  by  notice  to  the  holder hereof), and upon (i) payment to the
Company  in  cash,  by certified or offi-cial bank check or by wire transfer for
the  account  of  the  Company  of  the  Exercise  Price  for the Warrant Shares
specified  in the Exercise Agreement or (ii) if the resale of the Warrant Shares
by  the  holder  is  not  then  registered pursuant to an effective registration
statement  under  the Securities Act of 1933, as amended (the "Securities Act"),
delivery to the Company of a written notice of an election to effect a "Cashless
Exercise"  (as  defined in Section 11(c) below) for the Warrant Shares specified
in  the  Exercise Agreement.  The Warrant Shares so purchased shall be deemed to
be issued to the holder hereof or such holder's designee, as the record owner of
such shares, as of the close of business on the date on which this Warrant shall
have  been  surrendered,  the  completed  Exercise  Agreement  shall  have  been
deliv-ered, and payment shall have been made for such shares as set forth above.
Certifi-cates  for  the  Warrant Shares so purchased, representing the aggregate
number  of shares specified in the Exercise Agreement, shall be delivered to the
holder  hereof  within a reasonable time, not exceeding three (3) business days,
after  this Warrant shall have been so exercised.  The certificates so delivered
shall  be  in  such  denominations  as may be requested by the holder hereof and
shall  be  registered  in the name of such holder or such other name as shall be
designated  by  such  holder.  If this Warrant shall have been exercised only in
part,  then, unless this Warrant has expired, the Company shall, at its expense,
at  the  time  of  delivery  of  such  certificates, deliver to the holder a new
Warrant  representing  the  number  of shares with respect to which this Warrant
shall not then have been exercised.  In addition to all other available remedies
at  law  or  in  equity,  if  the  Company fails to deliver certificates for the
Warrant  Shares  within three (3) business days after this Warrant is exercised,
then  the  Company  shall  pay  to  the  holder in cash or, at the option of the
holder,  in  shares of Common Stock valued at the Exercise Price, an amount (the
"Default Amount") equal to 2% of the number of Warrant Shares that the Holder is
entitled  to  multiplied by the Market Price for each day that the Company fails
to  deliver  certificates for the Warrant Shares.  For example, if the Holder is
entitled  to  100,000  Warrant  Shares  and  the Market Price is $2.00, then the
Company  shall  pay  to the Holder $4,000 for each day that the Company fails to
deliver  certificates  for the Warrant Shares.  The Default Amount shall be paid
to  the Holder by the fifth day of the month following the month in which it has
accrued.

     Notwithstanding anything in this Warrant to the contrary, in no event shall
the  holder  of  this  Warrant  be entitled to exercise a number of Warrants (or
portions thereof) in excess of the number of Warrants (or portions thereof) upon
exercise  of  which  the  sum  of  (i)  the  number  of  shares  of Common Stock
beneficially owned by the holder and its affiliates (other than shares of Common
Stock  which  may  be  deemed  beneficially  owned  through the ownership of the
unexercised  Warrants  and  the  unexercised or unconverted portion of any other
securities  of  the  Company  (including  the  Debentures  (as  defined  in  the
Securities  Purchase  Agreement))  subject  to  a  limitation  on  conversion or
exercise  analogous  to  the limitation contained herein) and (ii) the number of
shares  of  Common  Stock  issuable  upon  exercise of the Warrants (or portions
thereof) with respect to which the determination described herein is being made,
would  result  in  beneficial ownership by the holder and its affiliates of more
than  4.9%  of  the  outstanding  shares  of  Common Stock.  For purposes of the
immediately  preceding  sentence,  beneficial  ownership  shall be determined in
accordance  with  Section  13(d)  of  the  Securities  Exchange  Act of 1934, as
amended, and Regulation 13D-G thereunder, except as otherwise provided in clause
(i)  of  the  preceding  sentence.  The  holder  of  this  Warrant may waive the
limitations  set  forth  herein  by  sixty-one  (61)  days written notice to the
Company.  Notwithstanding  anything  to  the  contrary  contained  herein,  the
limitation  on  exercise  of  this  Warrant  set forth herein may not be amended
without  (i)  the  written consent of the holder hereof and the Company and (ii)
the  approval  of  a  majority  of  shareholders  of  the  Company.

     -PERIOD  OF EXERCISE.  This Warrant is exercisable at any time or from time
      -------------------
to  time  on  or  after  the  date on which this Warrant is issued and delivered
pursuant to the terms of the Securities Purchase Agreement and before 5:00 p.m.,
Los  Angeles,  California  time  on the seventh (7th) anniversary of the date of
issuance  (the  "Exercise  Period").

     -CERTAIN  AGREEMENTS  OF  THE  COMPANY.  The  Company  hereby covenants and
      -------------------------------------
agrees  as  follows:

     -Shares  to  be  Fully  Paid.  ALL  WARRANT  SHARES  WILL, UPON ISSUANCE IN
      ---------------------------
ACCORDANCE  WITH  THE  TERMS OF THIS WARRANT, BE VALIDLY ISSUED, FULLY PAID, AND
NONASSESSABLE  AND  FREE  FROM ALL TAXES, LIENS, AND CHARGES WITH RESPECT TO THE
ISSUE  THEREOF.

     -Reservation  of  Shares.  DURING THE EXERCISE PERIOD, THE COMPANY SHALL AT
      -----------------------
ALL  TIMES  HAVE  AUTHORIZED,  AND  RESERVED  FOR  THE  PURPOSE OF ISSUANCE UPON
EXERCISE  OF  THIS  WARRANT,  A  SUF-FICIENT NUMBER OF SHARES OF COMMON STOCK TO
PROVIDE  FOR  THE  EXERCISE  OF  THIS  WARRANT.

     -Listing.  THE  COMPANY SHALL PROMPTLY SECURE ANY APPLICABLE LISTING OF THE
      -------
SHARES  OF COMMON STOCK ISSUABLE UPON EXERCISE OF THE WARRANT UPON EACH NATIONAL
SECURITIES  EXCHANGE OR AUTOMATED QUOTATION SYSTEM, IF ANY, UPON WHICH SHARES OF
COMMON  STOCK  ARE  THEN  LISTED  (SUBJECT  TO  OFFICIAL NOTICE OF ISSUANCE UPON
EXERCISE  OF  THIS  WARRANT)  AND SHALL MAINTAIN, SO LONG AS ANY OTHER SHARES OF
COMMON STOCK SHALL BE SO LISTED, SUCH LISTING OF ALL SHARES OF COMMON STOCK FROM
TIME  TO  TIME ISSUABLE UPON THE EXERCISE OF THIS WARRANT; AND THE COMPANY SHALL
SO  LIST  ON EACH NATIONAL SECURITIES EXCHANGE OR AUTOMATED QUOTATION SYSTEM, AS
THE CASE MAY BE, AND SHALL MAINTAIN SUCH LISTING OF, ANY OTHER SHARES OF CAPITAL
STOCK  OF  THE COMPANY ISSUABLE UPON THE EXERCISE OF THIS WARRANT IF AND SO LONG
AS  ANY  SHARES  OF  THE  SAME CLASS SHALL BE LISTED ON SUCH NATIONAL SECURITIES
EXCHANGE  OR  AUTOMATED  QUOTATION  SYSTEM.

     -Certain  Actions  Prohibited.  THE  COMPANY  WILL NOT, BY AMENDMENT OF ITS
      ----------------------------
CHARTER  OR  THROUGH  ANY  RE-ORGANI-ZATION,  TRANSFER OF ASSETS, CONSOLIDATION,
MER-GER,  DISSOLUTION,  ISSUE  OR  SALE  OF  SECURITIES,  OR ANY OTHER VOLUNTARY
ACTION, AVOID OR SEEK TO AVOID THE OBSERVANCE OR PERFORMANCE OF ANY OF THE TERMS
TO BE OBSERVED OR PERFORMED BY IT HEREUNDER, BUT WILL AT ALL TIMES IN GOOD FAITH
ASSIST  IN  THE  CARRYING  OUT  OF ALL THE PROVISIONS OF THIS WARRANT AND IN THE
TAKING  OF  ALL SUCH ACTION AS MAY REASONABLY BE REQUESTED BY THE HOLDER OF THIS
WARRANT IN ORDER TO PROTECT THE EXERCISE PRIVILEGE OF THE HOLDER OF THIS WARRANT
AGAINST  DILU-TION OR OTHER IMPAIRMENT, CONSISTENT WITH THE TENOR AND PURPOSE OF
THIS  WARRANT.  WITHOUT  LIMITING  THE GENERAL-ITY OF THE FOREGOING, THE COMPANY
(I)  WILL  NOT  INCREASE  THE PAR VALUE OF ANY SHARES OF COMMON STOCK RECEIVABLE
UPON  THE  EXERCISE OF THIS WARRANT ABOVE THE EXERCISE PRICE THEN IN EFFECT, AND
(II) WILL TAKE ALL SUCH ACTIONS AS MAY BE NECESSARY OR APPROPRIATE IN ORDER THAT
THE COMPANY MAY VALIDLY AND LEGALLY ISSUE FULLY PAID AND NONASSESSABLE SHARES OF
COMMON  STOCK  UPON  THE  EXERCISE  OF  THIS  WARRANT.

     -Successors  and  Assigns.  THIS  WARRANT  WILL  BE BINDING UPON ANY ENTITY
      ------------------------
SUCCEEDING  TO  THE  COMPANY  BY MERGER, CONSOLIDATION, OR ACQUISITION OF ALL OR
SUB-STANTIALLY  ALL  THE  COMPANY'S  ASSETS.

     -ANTIDILUTION  PROVISIONS.  During  the Exercise Period, the Exercise Price
      ------------------------
and  the  number  of  Warrant Shares shall be subject to adjustment from time to
time  as  provided  in  this  Paragraph  4.

     In  the  event that any adjustment of the Exercise Price as required herein
results  in a fraction of a cent, such Exercise Price shall be rounded up to the
nearest  cent.

     -Adjustment  of Exercise Price and Number of Shares upon Issuance of Common
      --------------------------------------------------------------------------
Stock.  EXCEPT  AS OTHERWISE PROVIDED IN PARAGRAPHS 4(C) AND 4(E) HEREOF, IF AND
-----
WHENEVER ON OR AFTER THE DATE OF ISSUANCE OF THIS WARRANT, THE COMPANY ISSUES OR
SELLS,  OR  IN ACCORDANCE WITH PARAGRAPH 4(B) HEREOF IS DEEMED TO HAVE ISSUED OR
SOLD, ANY SHARES OF COMMON STOCK FOR NO CONSIDERATION OR FOR A CONSIDERATION PER
SHARE  (BEFORE  DEDUCTION  OF REASONABLE EXPENSES OR COMMISSIONS OR UNDERWRITING
DISCOUNTS  OR ALLOWANCES IN CONNECTION THEREWITH) LESS THAN THE MARKET PRICE (AS
HEREINAFTER  DEFINED)  ON  THE  DATE  OF  ISSUANCE (A "DILUTIVE ISSUANCE"), THEN
IMMEDIATELY  UPON THE DILUTIVE ISSUANCE, THE EXERCISE PRICE WILL BE REDUCED TO A
PRICE  DETERMINED  BY MULTIPLYING THE EXERCISE PRICE IN EFFECT IMMEDIATELY PRIOR
TO  THE DILUTIVE ISSUANCE BY A FRACTION, (I) THE NUMERATOR OF WHICH IS AN AMOUNT
EQUAL  TO  THE  SUM  OF  (X)  THE  NUMBER  OF  SHARES  OF  COMMON STOCK ACTUALLY
OUTSTANDING IMMEDIATELY PRIOR TO THE DILUTIVE ISSUANCE, PLUS (Y) THE QUOTIENT OF
THE  AGGREGATE  CONSIDERATION, CALCULATED AS SET FORTH IN PARAGRAPH 4(B) HEREOF,
RECEIVED  BY THE COMPANY UPON SUCH DILUTIVE ISSUANCE DIVIDED BY THE MARKET PRICE
IN  EFFECT  IMMEDIATELY PRIOR TO THE DILUTIVE ISSUANCE, AND (II) THE DENOMINATOR
OF  WHICH  IS  THE TOTAL NUMBER OF SHARES OF COMMON STOCK DEEMED OUTSTANDING (AS
DEFINED  BELOW)  IMMEDIATELY  AFTER  THE  DILUTIVE  ISSUANCE.

     -Effect  on  Exercise Price of Certain Events.  FOR PURPOSES OF DETERMINING
      --------------------------------------------
THE  ADJUSTED  EXERCISE PRICE UNDER PARAGRAPH 4(A) HEREOF, THE FOLLOWING WILL BE
APPLICABLE:

-Issuance  of  Rights or Options.  IF THE COMPANY IN ANY MANNER ISSUES OR GRANTS
 -------------------------------
ANY  WARRANTS,  RIGHTS  OR  OPTIONS,  WHETHER OR NOT IMMEDIATELY EXERCISABLE, TO
SUBSCRIBE  FOR  OR TO PURCHASE COMMON STOCK OR OTHER SECURITIES CONVERTIBLE INTO
OR  EXCHANGEABLE  FOR  COMMON  STOCK  ("CONVERTIBLE SECURITIES") (SUCH WARRANTS,
RIGHTS  AND  OPTIONS  TO  PURCHASE  COMMON  STOCK  OR CONVERTIBLE SECURITIES ARE
HEREINAFTER  REFERRED  TO AS "OPTIONS") AND THE PRICE PER SHARE FOR WHICH COMMON
STOCK  IS  ISSUABLE  UPON  THE  EXERCISE OF SUCH OPTIONS IS LESS THAN THE MARKET
PRICE  ON  THE DATE OF ISSUANCE OR GRANT OF SUCH OPTIONS, THEN THE MAXIMUM TOTAL
NUMBER  OF SHARES OF COMMON STOCK ISSUABLE UPON THE EXERCISE OF ALL SUCH OPTIONS
WILL,  AS  OF THE DATE OF THE ISSUANCE OR GRANT OF SUCH OPTIONS, BE DEEMED TO BE
OUTSTANDING  AND  TO HAVE BEEN ISSUED AND SOLD BY THE COMPANY FOR SUCH PRICE PER
SHARE.  FOR  PURPOSES  OF THE PRECEDING SENTENCE, THE "PRICE PER SHARE FOR WHICH
COMMON  STOCK  IS  ISSUABLE  UPON THE EXERCISE OF SUCH OPTIONS" IS DETERMINED BY
DIVIDING  (I) THE TOTAL AMOUNT, IF ANY, RECEIVED OR RECEIVABLE BY THE COMPANY AS
CONSIDERATION FOR THE ISSUANCE OR GRANTING OF ALL SUCH OPTIONS, PLUS THE MINIMUM
AGGREGATE  AMOUNT  OF  ADDITIONAL  CONSIDERATION, IF ANY, PAYABLE TO THE COMPANY
UPON  THE  EXERCISE  OF  ALL  SUCH  OPTIONS,  PLUS,  IN  THE CASE OF CONVERTIBLE
SECURITIES  ISSUABLE  UPON  THE  EXERCISE OF SUCH OPTIONS, THE MINIMUM AGGREGATE
AMOUNT  OF  ADDITIONAL  CONSIDERATION  PAYABLE  UPON  THE CONVERSION OR EXCHANGE
THEREOF  AT  THE  TIME  SUCH  CONVERTIBLE SECURITIES FIRST BECOME CONVERTIBLE OR
EXCHANGEABLE,  BY  (II)  THE  MAXIMUM  TOTAL  NUMBER  OF  SHARES OF COMMON STOCK
ISSUABLE  UPON  THE  EXERCISE  OF  ALL SUCH OPTIONS (ASSUMING FULL CONVERSION OF
CONVERTIBLE  SECURITIES,  IF APPLICABLE).  NO FURTHER ADJUSTMENT TO THE EXERCISE
PRICE  WILL  BE  MADE  UPON  THE  ACTUAL  ISSUANCE OF SUCH COMMON STOCK UPON THE
EXERCISE  OF  SUCH  OPTIONS  OR  UPON  THE CONVERSION OR EXCHANGE OF CONVERTIBLE
SECURITIES  ISSUABLE  UPON  EXERCISE  OF  SUCH  OPTIONS.

-Issuance  of  Convertible  Securities.  IF  THE COMPANY IN ANY MANNER ISSUES OR
 -------------------------------------
SELLS  ANY CONVERTIBLE SECURITIES, WHETHER OR NOT IMMEDIATELY CONVERTIBLE (OTHER
 --
THAN WHERE THE SAME ARE ISSUABLE UPON THE EXERCISE OF OPTIONS) AND THE PRICE PER
SHARE  FOR  WHICH  COMMON  STOCK IS ISSUABLE UPON SUCH CONVERSION OR EXCHANGE IS
LESS  THAN  THE  MARKET  PRICE  ON  THE DATE OF ISSUANCE, THEN THE MAXIMUM TOTAL
NUMBER OF SHARES OF COMMON STOCK ISSUABLE UPON THE CONVERSION OR EXCHANGE OF ALL
SUCH  CONVERTIBLE  SECURITIES  WILL,  AS  OF  THE  DATE  OF THE ISSUANCE OF SUCH
CONVERTIBLE  SECURITIES, BE DEEMED TO BE OUTSTANDING AND TO HAVE BEEN ISSUED AND
SOLD BY THE COMPANY FOR SUCH PRICE PER SHARE.  FOR THE PURPOSES OF THE PRECEDING
SENTENCE,  THE  "PRICE  PER  SHARE  FOR WHICH COMMON STOCK IS ISSUABLE UPON SUCH
CONVERSION  OR EXCHANGE" IS DETERMINED BY DIVIDING (I) THE TOTAL AMOUNT, IF ANY,
RECEIVED  OR RECEIVABLE BY THE COMPANY AS CONSIDERATION FOR THE ISSUANCE OR SALE
OF  ALL  SUCH  CONVERTIBLE  SECURITIES,  PLUS  THE  MINIMUM  AGGREGATE AMOUNT OF
ADDITIONAL  CONSIDERATION, IF ANY, PAYABLE TO THE COMPANY UPON THE CONVERSION OR
EXCHANGE  THEREOF  AT  THE  TIME  SUCH  CONVERTIBLE  SECURITIES  FIRST  BECOME
CONVERTIBLE  OR  EXCHANGEABLE,  BY  (II)  THE  MAXIMUM TOTAL NUMBER OF SHARES OF
COMMON  STOCK  ISSUABLE  UPON THE CONVERSION OR EXCHANGE OF ALL SUCH CONVERTIBLE
SECURITIES.  NO  FURTHER  ADJUSTMENT TO THE EXERCISE PRICE WILL BE MADE UPON THE
ACTUAL  ISSUANCE  OF  SUCH  COMMON  STOCK  UPON  CONVERSION  OR EXCHANGE OF SUCH
CONVERTIBLE  SECURITIES.

-Change in Option Price or Conversion Rate.  IF THERE IS A CHANGE AT ANY TIME IN
 -----------------------------------------
(I)  THE  AMOUNT  OF  ADDITIONAL  CONSIDERATION  PAYABLE TO THE COMPANY UPON THE
EXERCISE  OF  ANY  OPTIONS; (II) THE AMOUNT OF ADDITIONAL CONSIDERATION, IF ANY,
PAYABLE  TO  THE  COMPANY  UPON  THE  CONVERSION  OR EXCHANGE OF ANY CONVERTIBLE
SECURITIES;  OR  (III)  THE  RATE  AT  WHICH  ANY  CONVERTIBLE  SECURITIES  ARE
CONVERTIBLE INTO OR EXCHANGEABLE FOR COMMON STOCK (OTHER THAN UNDER OR BY REASON
OF  PROVISIONS  DESIGNED  TO  PROTECT  AGAINST  DILUTION), THE EXERCISE PRICE IN
EFFECT AT THE TIME OF SUCH CHANGE WILL BE READJUSTED TO THE EXERCISE PRICE WHICH
WOULD  HAVE  BEEN  IN  EFFECT  AT  SUCH  TIME  HAD  SUCH  OPTIONS OR CONVERTIBLE
SECURITIES  STILL OUTSTANDING PROVIDED FOR SUCH CHANGED ADDITIONAL CONSIDERATION
OR  CHANGED  CONVERSION RATE, AS THE CASE MAY BE, AT THE TIME INITIALLY GRANTED,
ISSUED  OR  SOLD.

-Treatment  of  Expired  Options and Unexercised Convertible Securities.  IF, IN
 ----------------------------------------------------------------------
ANY  CASE,  THE TOTAL NUMBER OF SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF
 -
ANY  OPTION OR UPON CONVERSION OR EXCHANGE OF ANY CONVERTIBLE SECURITIES IS NOT,
IN FACT, ISSUED AND THE RIGHTS TO EXERCISE SUCH OPTION OR TO CONVERT OR EXCHANGE
SUCH CONVERTIBLE SECURITIES SHALL HAVE EXPIRED OR TERMINATED, THE EXERCISE PRICE
THEN IN EFFECT WILL BE READJUSTED TO THE EXERCISE PRICE WHICH WOULD HAVE BEEN IN
EFFECT  AT  THE  TIME  OF  SUCH  EXPIRATION  OR  TERMINATION  HAD SUCH OPTION OR
CONVERTIBLE  SECURITIES,  TO  THE  EXTENT  OUTSTANDING IMMEDIATELY PRIOR TO SUCH
EXPIRATION  OR TERMINATION (OTHER THAN IN RESPECT OF THE ACTUAL NUMBER OF SHARES
OF  COMMON STOCK ISSUED UPON EXERCISE OR CONVERSION THEREOF), NEVER BEEN ISSUED.

-Calculation  of  Consideration  Received.  IF  ANY  COMMON  STOCK,  OPTIONS  OR
 ----------------------------------------
CONVERTIBLE  SECURITIES  ARE ISSUED, GRANTED OR SOLD FOR CASH, THE CONSIDERATION
 ------
RECEIVED  THEREFOR  FOR  PURPOSES OF THIS WARRANT WILL BE THE AMOUNT RECEIVED BY
THE  COMPANY  THEREFOR, BEFORE DEDUCTION OF REASONABLE COMMISSIONS, UNDERWRITING
DISCOUNTS  OR  ALLOWANCES  OR  OTHER REASONABLE EXPENSES PAID OR INCURRED BY THE
COMPANY  IN  CONNECTION  WITH  SUCH ISSUANCE, GRANT OR SALE.  IN CASE ANY COMMON
STOCK,  OPTIONS OR CONVERTIBLE SECURITIES ARE ISSUED OR SOLD FOR A CONSIDERATION
PART  OR  ALL OF WHICH SHALL BE OTHER THAN CASH, THE AMOUNT OF THE CONSIDERATION
OTHER  THAN  CASH  RECEIVED  BY  THE  COMPANY  WILL  BE  THE  FAIR VALUE OF SUCH
CONSIDERATION,  EXCEPT WHERE SUCH CONSIDERATION CONSISTS OF SECURITIES, IN WHICH
CASE  THE  AMOUNT  OF  CONSIDERATION  RECEIVED BY THE COMPANY WILL BE THE MARKET
PRICE  THEREOF  AS OF THE DATE OF RECEIPT.  IN CASE ANY COMMON STOCK, OPTIONS OR
CONVERTIBLE  SECURITIES ARE ISSUED IN CONNECTION WITH ANY ACQUISITION, MERGER OR
CONSOLIDATION  IN  WHICH THE COMPANY IS THE SURVIVING CORPORATION, THE AMOUNT OF
CONSIDERATION  THEREFOR  WILL  BE DEEMED TO BE THE FAIR VALUE OF SUCH PORTION OF
THE  NET ASSETS AND BUSINESS OF THE NON-SURVIVING CORPORATION AS IS ATTRIBUTABLE
TO  SUCH  COMMON  STOCK,  OPTIONS OR CONVERTIBLE SECURITIES, AS THE CASE MAY BE.
THE  FAIR  VALUE  OF  ANY  CONSIDERATION  OTHER  THAN CASH OR SECURITIES WILL BE
DETERMINED  IN  GOOD  FAITH  BY  THE  BOARD  OF  DIRECTORS  OF  THE  COMPANY.

-Exceptions  to  Adjustment  of  Exercise  Price.  NO ADJUSTMENT TO THE EXERCISE
 -----------------------------------------------
PRICE WILL BE MADE (I) UPON THE EXERCISE OF ANY WARRANTS, OPTIONS OR CONVERTIBLE
 ---
SECURITIES  GRANTED,  ISSUED  AND  OUTSTANDING  ON  THE DATE OF ISSUANCE OF THIS
WARRANT;  (II)  UPON  THE  GRANT  OR  EXERCISE OF ANY STOCK OR OPTIONS WHICH MAY
HEREAFTER  BE GRANTED OR EXERCISED UNDER ANY EMPLOYEE BENEFIT PLAN, STOCK OPTION
PLAN  OR  RESTRICTED STOCK PLAN OF THE COMPANY NOW EXISTING OR TO BE IMPLEMENTED
IN THE FUTURE, SO LONG AS THE ISSUANCE OF SUCH STOCK OR OPTIONS IS APPROVED BY A
MAJORITY  OF THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS OF THE COMPANY OR
A  MAJORITY  OF  THE MEMBERS OF A COMMITTEE OF INDEPENDENT DIRECTORS ESTABLISHED
FOR  SUCH  PURPOSE;  OR  (III)  UPON  THE  EXERCISE  OF  THE  WARRANTS.

     -Subdivision  or  Combination  of Common Stock.  IF THE COMPANY AT ANY TIME
      ---------------------------------------------
SUBDIVIDES  (BY  ANY  STOCK  SPLIT,  STOCK  DIVIDEND,  RECAPITALIZATION,
REORGANIZATION,  RECLASSIFICATION  OR  OTHERWISE)  THE  SHARES  OF  COMMON STOCK
ACQUIRABLE  HEREUNDER  INTO  A GREATER NUMBER OF SHARES, THEN, AFTER THE DATE OF
RECORD  FOR EFFECTING SUCH SUBDIVISION, THE EXERCISE PRICE IN EFFECT IMMEDIATELY
PRIOR  TO  SUCH  SUBDIVISION WILL BE PROPORTIONATELY REDUCED.  IF THE COMPANY AT
ANY  TIME  COMBINES  (BY  REVERSE STOCK SPLIT, RECAPITALIZATION, REORGANIZATION,
RECLASSIFICATION  OR  OTHERWISE) THE SHARES OF COMMON STOCK ACQUIRABLE HEREUNDER
INTO  A  SMALLER  NUMBER OF SHARES, THEN, AFTER THE DATE OF RECORD FOR EFFECTING
SUCH  COMBINATION,  THE  EXERCISE  PRICE  IN  EFFECT  IMMEDIATELY  PRIOR TO SUCH
COMBINATION  WILL  BE  PROPORTIONATELY  INCREASED.

     -Adjustment  in  Number  of  Shares.  UPON  EACH ADJUSTMENT OF THE EXERCISE
      ----------------------------------
PRICE  PURSUANT  TO  THE PROVISIONS OF THIS PARAGRAPH 4, THE NUMBER OF SHARES OF
COMMON  STOCK  ISSUABLE  UPON  EXERCISE  OF  THIS  WARRANT  SHALL BE ADJUSTED BY
MULTIPLYING  A NUMBER EQUAL TO THE EXERCISE PRICE IN EFFECT IMMEDIATELY PRIOR TO
SUCH  ADJUSTMENT  BY THE NUMBER OF SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE
OF THIS WARRANT IMMEDIATELY PRIOR TO SUCH ADJUSTMENT AND DIVIDING THE PRODUCT SO
OBTAINED  BY  THE  ADJUSTED  EXERCISE  PRICE.

     -Consolidation,  Merger  or  Sale.  IN  CASE  OF  ANY  CONSOLIDATION OF THE
      --------------------------------
COMPANY WITH, OR MERGER OF THE COMPANY INTO ANY OTHER CORPORATION, OR IN CASE OF
ANY  SALE OR CONVEYANCE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE COMPANY
OTHER  THAN  IN  CONNECTION  WITH A PLAN OF COMPLETE LIQUIDATION OF THE COMPANY,
THEN  AS  A  CONDITION  OF  SUCH  CONSOLIDATION,  MERGER  OR SALE OR CONVEYANCE,
ADEQUATE PROVISION WILL BE MADE WHEREBY THE HOLDER OF THIS WARRANT WILL HAVE THE
RIGHT TO ACQUIRE AND RECEIVE UPON EXERCISE OF THIS WARRANT IN LIEU OF THE SHARES
OF  COMMON  STOCK  IMMEDIATELY  THERETOFORE ACQUIRABLE UPON THE EXERCISE OF THIS
WARRANT,  SUCH SHARES OF STOCK, SECURITIES OR ASSETS AS MAY BE ISSUED OR PAYABLE
WITH  RESPECT  TO  OR  IN  EXCHANGE  FOR  THE  NUMBER  OF SHARES OF COMMON STOCK
IMMEDIATELY  THERETOFORE ACQUIRABLE AND RECEIVABLE UPON EXERCISE OF THIS WARRANT
HAD  SUCH  CONSOLIDATION,  MERGER OR SALE OR CONVEYANCE NOT TAKEN PLACE.  IN ANY
SUCH  CASE,  THE  COMPANY  WILL  MAKE  APPROPRIATE  PROVISION TO INSURE THAT THE
PROVISIONS OF THIS PARAGRAPH 4 HEREOF WILL THEREAFTER BE APPLICABLE AS NEARLY AS
MAY  BE  IN RELATION TO ANY SHARES OF STOCK OR SECURITIES THEREAFTER DELIVERABLE
UPON  THE  EXERCISE  OF  THIS  WARRANT.  THE  COMPANY  WILL  NOT  EFFECT  ANY
CONSOLIDATION,  MERGER  OR  SALE  OR CONVEYANCE UNLESS PRIOR TO THE CONSUMMATION
THEREOF,  THE  SUCCESSOR  CORPORATION  (IF  OTHER  THAN  THE COMPANY) ASSUMES BY
WRITTEN INSTRUMENT THE OBLIGATIONS UNDER THIS PARAGRAPH 4 AND THE OBLIGATIONS TO
DELIVER TO THE HOLDER OF THIS WARRANT SUCH SHARES OF STOCK, SECURITIES OR ASSETS
AS,  IN  ACCORDANCE WITH THE FOREGOING PROVISIONS, THE HOLDER MAY BE ENTITLED TO
ACQUIRE.

     -Distribution  of  Assets.  IN  CASE  THE COMPANY SHALL DECLARE OR MAKE ANY
      ------------------------
DISTRIBUTION  OF  ITS  ASSETS  (INCLUDING  CASH) TO HOLDERS OF COMMON STOCK AS A
PARTIAL  LIQUIDATING  DIVIDEND,  BY WAY OF RETURN OF CAPITAL OR OTHERWISE, THEN,
AFTER  THE  DATE  OF  RECORD  FOR  DETERMINING  STOCKHOLDERS  ENTITLED  TO  SUCH
DISTRIBUTION,  BUT PRIOR TO THE DATE OF DISTRIBUTION, THE HOLDER OF THIS WARRANT
SHALL  BE  ENTITLED UPON EXERCISE OF THIS WARRANT FOR THE PURCHASE OF ANY OR ALL
OF  THE  SHARES  OF  COMMON  STOCK SUBJECT HERETO, TO RECEIVE THE AMOUNT OF SUCH
ASSETS  WHICH  WOULD  HAVE  BEEN  PAYABLE TO THE HOLDER HAD SUCH HOLDER BEEN THE
HOLDER  OF  SUCH SHARES OF COMMON STOCK ON THE RECORD DATE FOR THE DETERMINATION
OF  STOCKHOLDERS  ENTITLED  TO  SUCH  DISTRIBUTION.

     -Notice of Adjustment.  UPON THE OCCURRENCE OF ANY EVENT WHICH REQUIRES ANY
      --------------------
ADJUSTMENT OF THE EXERCISE PRICE, THEN, AND IN EACH SUCH CASE, THE COMPANY SHALL
GIVE  NOTICE THEREOF TO THE HOLDER OF THIS WARRANT, WHICH NOTICE SHALL STATE THE
EXERCISE  PRICE  RESULTING  FROM SUCH ADJUSTMENT AND THE INCREASE OR DECREASE IN
THE  NUMBER  OF  WARRANT SHARES PURCHASABLE AT SUCH PRICE UPON EXERCISE, SETTING
FORTH  IN  REASONABLE  DETAIL THE METHOD OF CALCULATION AND THE FACTS UPON WHICH
SUCH  CALCULATION  IS  BASED.  SUCH  CALCULATION SHALL BE CERTIFIED BY THE CHIEF
FINANCIAL  OFFICER  OF  THE  COMPANY.

     -Minimum Adjustment of Exercise Price.  NO ADJUSTMENT OF THE EXERCISE PRICE
      ------------------------------------
SHALL  BE  MADE  IN AN AMOUNT OF LESS THAN 1% OF THE EXERCISE PRICE IN EFFECT AT
THE  TIME  SUCH ADJUSTMENT IS OTHERWISE REQUIRED TO BE MADE, BUT ANY SUCH LESSER
ADJUSTMENT  SHALL  BE CARRIED FORWARD AND SHALL BE MADE AT THE TIME AND TOGETHER
WITH  THE  NEXT  SUBSEQUENT  ADJUSTMENT  WHICH, TOGETHER WITH ANY ADJUSTMENTS SO
CARRIED  FORWARD,  SHALL  AMOUNT  TO  NOT  LESS  THAN 1% OF SUCH EXERCISE PRICE.

     -No  Fractional  Shares.  NO  FRACTIONAL  SHARES  OF COMMON STOCK ARE TO BE
      ----------------------
ISSUED  UPON  THE  EXERCISE  OF  THIS  WARRANT, BUT THE COMPANY SHALL PAY A CASH
ADJUSTMENT  IN RESPECT OF ANY FRACTIONAL SHARE WHICH WOULD OTHERWISE BE ISSUABLE
IN AN AMOUNT EQUAL TO THE SAME FRACTION OF THE MARKET PRICE OF A SHARE OF COMMON
STOCK  ON  THE  DATE  OF  SUCH  EXERCISE.

     -Other  Notices.  IN  CASE  AT  ANY  TIME:
      --------------

THE  COMPANY  SHALL DECLARE ANY DIVIDEND UPON THE COMMON STOCK PAYABLE IN SHARES
OF  STOCK  OF  ANY  CLASS OR MAKE ANY OTHER DISTRIBUTION (INCLUDING DIVIDENDS OR
DISTRIBUTIONS  PAYABLE  IN  CASH OUT OF RETAINED EARNINGS) TO THE HOLDERS OF THE
COMMON  STOCK;

THE  COMPANY  SHALL OFFER FOR SUBSCRIPTION PRO RATA TO THE HOLDERS OF THE COMMON
STOCK  ANY  ADDITIONAL  SHARES  OF  STOCK  OF  ANY  CLASS  OR  OTHER  RIGHTS;

THERE  SHALL  BE ANY CAPITAL REORGANIZA-TION OF THE COMPANY, OR RECLASSIFICATION
OF  THE COMMON STOCK, OR CONSOLIDATION OR MERGER OF THE COMPANY WITH OR INTO, OR
SALE  OF ALL OR SUBSTAN-TIALLY ALL ITS ASSETS TO, ANOTHER CORPORATION OR ENTITY;
OR

THERE  SHALL  BE A VOLUNTARY OR INVOLUN-TARY DISSOLUTION, LIQUIDATION OR WINDING
UP  OF  THE  COMPANY;

then,  in  each  such case, the Company shall give to the holder of this Warrant
(a) notice of the date on which the books of the Company shall close or a record
shall  be  taken for determining the holders of Common Stock entitled to receive
any  such divi-dend, distribution, or subscription rights or for determining the
holders  of Common Stock entitled to vote in respect of any such reorganization,
reclassification,  consolidation,  merger,  sale,  dissolution,  liquidation  or
winding-up  and  (b)  in  the case of any such reorganization, reclassification,
consolidation,  merger,  sale, dissolution, liquidation or winding-up, notice of
the  date  (or,  if  not  then  known, a reasonable approximation thereof by the
Company)  when  the  same  shall take place.  Such notice shall also specify the
date  on  which  the  holders  of Common Stock shall be entitled to receive such
dividend, distribution, or subscription rights or to exchange their Common Stock
for  stock or other securities or property deliverable upon such reorganization,
re-classification,  consolidation,  merger,  sale, dissolution, liqui-dation, or
winding-up,  as  the  case  may be.  Such notice shall be given at least 30 days
prior  to the record date or the date on which the Company's books are closed in
respect  thereto.  Failure  to  give any such notice or any defect therein shall
not  affect  the  validity  of the proceedings referred to in clauses (i), (ii),
(iii)  and  (iv)  above.

     -Certain  Events.  IF  ANY  EVENT  OCCURS  OF  THE TYPE CONTEMPLATED BY THE
      ---------------
ADJUSTMENT PROVISIONS OF THIS PARAGRAPH 4 BUT NOT EXPRESSLY PROVIDED FOR BY SUCH
PROVISIONS,  THE COMPANY WILL GIVE NOTICE OF SUCH EVENT AS PROVIDED IN PARAGRAPH
4(G)  HEREOF,  AND  THE  COMPANY'S  BOARD  OF DIRECTORS WILL MAKE AN APPROPRIATE
ADJUSTMENT  IN  THE  EXERCISE  PRICE  AND  THE  NUMBER OF SHARES OF COMMON STOCK
ACQUIRABLE  UPON EXERCISE OF THIS WARRANT SO THAT THE RIGHTS OF THE HOLDER SHALL
BE  NEITHER  ENHANCED  NOR  DIMINISHED  BY  SUCH  EVENT.

     -Certain  Definitions.
      --------------------

"Common  Stock  Deemed  Outstanding"  SHALL  MEAN THE NUMBER OF SHARES OF COMMON
 ----------------------------------
STOCK  ACTUALLY  OUTSTANDING  (NOT  INCLUDING SHARES OF COMMON STOCK HELD IN THE
 ---
TREASURY  OF  THE  COMPANY),  PLUS (X) PURSUANT TO PARAGRAPH 4(B)(I) HEREOF, THE
 --
MAXIMUM  TOTAL  NUMBER  OF  SHARES OF COMMON STOCK ISSUABLE UPON THE EXERCISE OF
 --
OPTIONS,  AS  OF THE DATE OF SUCH ISSUANCE OR GRANT OF SUCH OPTIONS, IF ANY, AND
 --
(Y) PURSUANT TO PARAGRAPH 4(B)(II) HEREOF, THE MAXIMUM TOTAL NUMBER OF SHARES OF
COMMON  STOCK ISSUABLE UPON CONVERSION OR EXCHANGE OF CONVERTIBLE SECURITIES, AS
OF  THE  DATE  OF  ISSUANCE  OF  SUCH  CONVERTIBLE  SECURITIES,  IF  ANY.

"Market  Price," AS OF ANY DATE, (I) MEANS THE AVERAGE OF THE LAST REPORTED SALE
 -------------
PRICES  FOR  THE  SHARES  OF COMMON STOCK ON THE OVER-THE-COUNTER BULLETIN BOARD
(THE  "OTC BB") FOR THE FIVE (5) TRADING DAYS IMMEDIATELY PRECEDING SUCH DATE AS
REPORTED BY BLOOMBERG, OR (II) IF THE OTC BB IS NOT THE PRINCIPAL TRADING MARKET
FOR  THE SHARES OF COMMON STOCK, THE AVERAGE OF THE LAST REPORTED SALE PRICES ON
THE  PRINCIPAL  TRADING  MARKET  FOR  THE COMMON STOCK DURING THE SAME PERIOD AS
REPORTED  BY BLOOMBERG, OR (III) IF MARKET VALUE CANNOT BE CALCULATED AS OF SUCH
DATE  ON  ANY  OF THE FOREGOING BASES, THE MARKET PRICE SHALL BE THE FAIR MARKET
VALUE  AS  REASONABLY  DETERMINED IN GOOD FAITH BY (A) THE BOARD OF DIRECTORS OF
THE  COMPANY  OR,  AT THE OPTION OF A MAJORITY-IN-INTEREST OF THE HOLDERS OF THE
OUTSTANDING  WARRANTS  BY  (B)  AN  INDEPENDENT  INVESTMENT  BANK  OF NATIONALLY
RECOGNIZED  STANDING  IN  THE VALUATION OF BUSINESSES SIMILAR TO THE BUSINESS OF
THE  CORPORATION. THE MANNER OF DETERMINING THE MARKET PRICE OF THE COMMON STOCK
SET  FORTH  IN  THE  FOREGOING  DEFINITION SHALL APPLY WITH RESPECT TO ANY OTHER
SECURITY  IN  RESPECT  OF  WHICH A DETERMINATION AS TO MARKET VALUE MUST BE MADE
HEREUNDER.

"Common Stock," FOR PURPOSES OF THIS PARAGRAPH 4, INCLUDES THE COMMON STOCK, PAR
 ------------
VALUE  $0.01  PER SHARE, AND ANY ADDITIONAL CLASS OF STOCK OF THE COMPANY HAVING
NO PREFERENCE AS TO DIVIDENDS OR DISTRIBUTIONS ON LIQUIDATION, PROVIDED THAT THE
SHARES  PURCHASABLE PURSUANT TO THIS WARRANT SHALL INCLUDE ONLY SHARES OF COMMON
STOCK,  PAR  VALUE  $0.01  PER  SHARE,  IN  RESPECT  OF  WHICH  THIS  WARRANT IS
EXERCISABLE,  OR  SHARES  RESULTING  FROM ANY SUBDIVISION OR COMBINATION OF SUCH
COMMON  STOCK,  OR  IN  THE  CASE  OF  ANY  REORGANIZATION,  RECLASSIFICATION,
CONSOLIDATION,  MERGER,  OR  SALE OF THE CHARACTER REFERRED TO IN PARAGRAPH 4(E)
HEREOF,  THE  STOCK  OR  OTHER  SECURITIES  OR  PROPERTY  PROVIDED  FOR  IN SUCH
PARAGRAPH.

     -ISSUE  TAX.  The  issuance  of  certificates  for  Warrant Shares upon the
      ----------
exercise  of  this  Warrant  shall  be made without charge to the holder of this
Warrant  or  such shares for any issuance tax or other costs in respect thereof,
provided  that  the  Company  shall  not be required to pay any tax which may be
payable  in respect of any transfer involved in the issuance and delivery of any
certificate  in  a  name  other  than  the  holder  of  this  Warrant.

     -NO RIGHTS OR LIABILITIES AS A SHAREHOLDER.  This Warrant shall not entitle
      -----------------------------------------
the  holder  hereof to any voting rights or other rights as a shareholder of the
Company.  No  provision of this Warrant, in the absence of affirmative action by
the  holder hereof to purchase Warrant Shares, and no mere enumeration herein of
the  rights or privileges of the holder hereof, shall give rise to any liability
of  such  holder  for  the  Exercise  Price  or as a shareholder of the Company,
whether  such  liability  is  asserted  by  the  Company  or by creditors of the
Company.

     -TRANSFER,  EXCHANGE,  AND  REPLACEMENT  OF  WARRANT.
      ---------------------------------------------------

     -Restriction  on  Transfer.  THIS  WARRANT  AND  THE  RIGHTS GRANTED TO THE
      -------------------------
HOLDER  HEREOF  ARE  TRANSFERABLE,  IN  WHOLE OR IN PART, UPON SURRENDER OF THIS
WARRANT,  TOGETHER  WITH  A  PROPERLY  EXECUTED  ASSIGNMENT IN THE FORM ATTACHED
HERETO,  AT  THE  OFFICE  OR AGENCY OF THE COMPANY REFERRED TO IN PARAGRAPH 7(E)
BELOW,  PRO-VIDED,  HOWEVER, THAT ANY TRANSFER OR ASSIGNMENT SHALL BE SUBJECT TO
THE  CONDITIONS  SET  FORTH  IN  PARAGRAPH  7(F)  HEREOF  AND  TO THE APPLICABLE
PROVISIONS  OF  THE  SECURITIES  PURCHASE  AGREEMENT.  UNTIL DUE PRESENTMENT FOR
REGISTRATION  OF TRANSFER ON THE BOOKS OF THE COMPANY, THE COMPANY MAY TREAT THE
REGISTERED  HOLDER  HEREOF  AS THE OWNER AND HOLDER HEREOF FOR ALL PURPOSES, AND
THE  COMPANY  SHALL  NOT  BE  AFFECTED  BY  ANY  NOTICE  TO  THE  CON-TRARY.
NOTWITHSTANDING  ANYTHING  TO  THE  CONTRARY  CONTAINED HEREIN, THE REGISTRATION
RIGHTS  DESCRIBED  IN  PARAGRAPH  8  ARE  ASSIGNABLE ONLY IN ACCORDANCE WITH THE
PROVISIONS  OF  THAT  CERTAIN REGISTRATION RIGHTS AGREEMENT, DATED AS OF JANUARY
__,  2002,  BY  AND  AMONG  THE  COMPANY  AND THE OTHER SIGNATORIES THERETO (THE
"REGISTRATION  RIGHTS  AGREEMENT").

     -Warrant  Exchangeable  for  Different  Denomina-tions.  THIS  WARRANT  IS
      -----------------------------------------------------
EXCHANGE-ABLE,  UPON  THE SURRENDER HEREOF BY THE HOLDER HEREOF AT THE OFFICE OR
AGENCY  OF  THE COMPANY REFERRED TO IN PARAGRAPH 7(E) BELOW, FOR NEW WARRANTS OF
LIKE  TENOR  REPRESENTING  IN  THE AGGREGATE THE RIGHT TO PURCHASE THE NUMBER OF
SHARES  OF  COMMON  STOCK  WHICH  MAY  BE  PURCHASED HEREUNDER, EACH OF SUCH NEW
WARRANTS  TO  REPRESENT  THE RIGHT TO PURCHASE SUCH NUMBER OF SHARES AS SHALL BE
DESIGNATED  BY  THE  HOLDER  HEREOF  AT  THE  TIME  OF  SUCH  SURRENDER.

     -Replacement of Warrant.  UPON RECEIPT OF EVI-DENCE REASONABLY SATISFACTORY
      ----------------------
TO  THE  COMPANY  OF THE LOSS, THEFT, DESTRUCTION, OR MUTILATION OF THIS WARRANT
AND,  IN  THE CASE OF ANY SUCH LOSS, THEFT, OR DESTRUC-TION, UPON DELIVERY OF AN
INDEMNITY  AGREEMENT REASON-ABLY SATISFACTORY IN FORM AND AMOUNT TO THE COMPANY,
OR,  IN THE CASE OF ANY SUCH MUTILATION, UPON SURRENDER AND CANCELLATION OF THIS
WARRANT, THE COMPANY, AT ITS EXPENSE, WILL EXECUTE AND DELIVER, IN LIEU THEREOF,
A  NEW  WARRANT  OF  LIKE  TENOR.

     -Cancellation;  Payment of Expenses.  UPON THE SURRENDER OF THIS WARRANT IN
      ----------------------------------
CONNECTION  WITH  ANY  TRANS-FER,  EXCHANGE,  OR REPLACEMENT AS PROVIDED IN THIS
PARAGRAPH  7,  THIS  WARRANT  SHALL  BE  PROMPTLY  CANCELED BY THE COMPANY.  THE
COMPANY SHALL PAY ALL TAXES (OTHER THAN SECURITIES TRANSFER TAXES) AND ALL OTHER
EXPENSES  (OTHER  THAN  LEGAL  EXPENSES,  IF  ANY,  INCURRED  BY  THE  HOLDER OR
TRANSFEREES)  AND CHARGES PAYABLE IN CONNECTION WITH THE PREPARATION, EXECUTION,
AND  DELIVERY  OF  WARRANTS  PURSUANT  TO  THIS  PARAGRAPH  7.

     -Register.  THE  COMPANY SHALL MAINTAIN, AT ITS PRINCIPAL EXECUTIVE OFFICES
      --------
(OR  SUCH OTHER OFFICE OR AGENCY OF THE COMPANY AS IT MAY DESIGNATE BY NOTICE TO
THE  HOLDER  HEREOF),  A  REGISTER  FOR THIS WARRANT, IN WHICH THE COMPANY SHALL
RECORD  THE  NAME  AND ADDRESS OF THE PERSON IN WHOSE NAME THIS WARRANT HAS BEEN
ISSUED,  AS WELL AS THE NAME AND ADDRESS OF EACH TRANSFEREE AND EACH PRIOR OWNER
OF  THIS  WARRANT.

     -Exercise  or  Transfer  Without  Registration.  IF,  AT  THE  TIME  OF THE
      ---------------------------------------------
SURRENDER OF THIS WARRANT IN CONNECTION WITH ANY EXERCISE, TRANSFER, OR EXCHANGE
      -
OF  THIS  WARRANT,  THIS  WARRANT  (OR, IN THE CASE OF ANY EXERCISE, THE WARRANT
SHARES  ISSUABLE HEREUNDER), SHALL NOT BE REGISTERED UNDER THE SECURITIES ACT OF
1933, AS AMENDED (THE "SECURITIES ACT") AND UNDER APPLICABLE STATE SECURITIES OR
BLUE  SKY  LAWS,  THE  COMPANY  MAY  REQUIRE,  AS  A  CONDITION OF ALLOWING SUCH
EXERCISE,  TRANSFER,  OR  EXCHANGE,  (I)  THAT  THE HOLDER OR TRANSFEREE OF THIS
WARRANT,  AS  THE  CASE  MAY  BE,  FURNISH  TO  THE COMPANY A WRITTEN OPINION OF
COUNSEL,  WHICH OPINION AND COUNSEL ARE ACCEPTABLE TO THE COMPANY, TO THE EFFECT
THAT SUCH EXERCISE, TRANSFER, OR EXCHANGE MAY BE MADE WITHOUT REGISTRATION UNDER
SAID  ACT  AND UNDER APPLICABLE STATE SECURITIES OR BLUE SKY LAWS, (II) THAT THE
HOLDER  OR TRANSFEREE EXECUTE AND DELIVER TO THE COMPANY AN INVESTMENT LETTER IN
FORM AND SUBSTANCE ACCEPTABLE TO THE COMPANY AND (III) THAT THE TRANSFEREE BE AN
"ACCREDITED INVESTOR" AS DEFINED IN RULE 501(A) PROMULGATED UNDER THE SECURITIES
ACT; PROVIDED THAT NO SUCH OPINION, LETTER OR STATUS AS AN "ACCREDITED INVESTOR"
SHALL  BE  REQUIRED IN CONNECTION WITH A TRANSFER PURSUANT TO RULE 144 UNDER THE
SECURITIES  ACT.  THE  FIRST  HOLDER  OF THIS WARRANT, BY TAKING AND HOLDING THE
SAME,  REPRESENTS  TO THE COMPANY THAT SUCH HOLDER IS ACQUIRING THIS WARRANT FOR
INVESTMENT  AND  NOT  WITH  A  VIEW  TO  THE  DISTRIBUTION  THEREOF.

     -REGISTRATION  RIGHTS.  The  initial  holder  of  this Warrant (and certain
      --------------------
assignees  thereof)  is  entitled  to the benefit of such registration rights in
respect  of the Warrant Shares as are set forth in Section 2 of the Registration
Rights  Agreement.

     -NOTICES.  All  notices,  requests,  and  other com-munications required or
      -------
permitted to be given or delivered hereunder to the holder of this Warrant shall
be  in writing, and shall be personally delivered, or shall be sent by certified
or  registered mail or by recognized overnight mail courier, postage prepaid and
addressed,  to  such holder at the address shown for such holder on the books of
the  Company,  or  at  such  other  address  as shall have been furnished to the
Company  by  notice  from  such  holder.  All  notices,  requests,  and  other
communications  required  or permitted to be given or delivered hereunder to the
Company  shall  be  in writing, and shall be per-sonal-ly delivered, or shall be
sent  by  certified  or registered mail or by recognized overnight mail courier,
postage  prepaid  and  addressed,  to  the  office of the Company at 13765 Alton
Parkway,  Suite  F, Irvine, California 92618, Attention: Chief Executive Officer
and  President,  or  at  such  other address as shall have been furnished to the
holder of this Warrant by notice from the Company.  Any such notice, request, or
other  communication  may  be  sent  by  facsimile,  but  shall  in such case be
subsequently confirmed by a writing personally delivered or sent by certified or
registered  mail or by recognized overnight mail courier as provided above.  All
notices,  requests,  and other communications shall be deemed to have been given
either  at  the  time  of the receipt thereof by the person entitled to re-ceive
such  notice at the address of such person for purposes of this Paragraph 9, or,
if  mailed  by  registered or certified mail or with a recognized overnight mail
courier  upon  deposit with the United States Post Office or such overnight mail
courier,  if  postage  is  prepaid and the mailing is properly addressed, as the
case  may  be.

     -GOVERNING  LAW.  THIS WARRANT SHALL BE ENFORCED, GOVERNED BY AND CONSTRUED
      --------------
IN  ACCORDANCE  WITH  THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS
MADE  AND  TO  BE  PERFORMED  ENTIRELY  WITH  SUCH  STATE, WITHOUT REGARD TO THE
PRINCIPLES  OF  CONFLICT  OF  LAWS.  THE  PARTIES  HERETO  HEREBY  SUBMIT TO THE
EXCLUSIVE  JURISDICTION OF THE UNITED STATES FEDERAL COURTS LOCATED IN NEW YORK,
NEW  YORK WITH RESPECT TO ANY DISPUTE ARISING UNDER THIS WARRANT, THE AGREEMENTS
ENTERED  INTO  IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR
THEREBY.  BOTH PARTIES IRREVOCABLY WAIVE THE DEFENSE OF AN INCONVENIENT FORUM TO
THE  MAINTENANCE  OF  SUCH  SUIT OR PROCEEDING.  BOTH PARTIES FURTHER AGREE THAT
SERVICE  OF  PROCESS  UPON A PARTY MAILED BY FIRST CLASS MAIL SHALL BE DEEMED IN
EVERY  RESPECT  EFFECTIVE  SERVICE OF PROCESS UPON THE PARTY IN ANY SUCH SUIT OR
PROCEEDING.  NOTHING  HEREIN  SHALL AFFECT EITHER PARTY'S RIGHT TO SERVE PROCESS
IN  ANY  OTHER  MANNER  PERMITTED  BY  LAW.  BOTH  PARTIES  AGREE  THAT  A FINAL
NON-APPEALABLE  JUDGMENT  IN ANY SUCH SUIT OR PROCEEDING SHALL BE CONCLUSIVE AND
MAY  BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON SUCH JUDGMENT OR IN ANY OTHER
LAWFUL  MANNER.  THE  PARTY  WHICH DOES NOT PREVAIL IN ANY DISPUTE ARISING UNDER
THIS  WARRANT  SHALL  BE  RESPONSIBLE  FOR  ALL  FEES  AND  EXPENSES,  INCLUDING
ATTORNEYS'  FEES,  INCURRED  BY  THE  PREVAILING  PARTY  IN CONNECTION WITH SUCH
DISPUTE.

     -MISCELLANEOUS.
      -------------

     -Amendments.  THIS  WARRANT AND ANY PROVISION HEREOF MAY ONLY BE AMENDED BY
      ----------
AN  INSTRUMENT  IN  WRITING  SIGNED  BY  THE  COMPANY  AND  THE  HOLDER  HEREOF.

     -Descriptive  Headings.  THE DESCRIPTIVE HEADINGS OF THE SEVERAL PARAGRAPHS
      ---------------------
OF  THIS  WARRANT  ARE  IN-SERTED  FOR PURPOSES OF REFERENCE ONLY, AND SHALL NOT
AFFECT  THE  MEANING  OR  CONSTRUCTION  OF  ANY  OF  THE  PROVISIONS  HEREOF.

     -Cashless  Exercise.  NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN
      ------------------
THIS  WARRANT,  IF  THE  RESALE  OF THE WARRANT SHARES BY THE HOLDER IS NOT THEN
REGISTERED  PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES
ACT, THIS WARRANT MAY BE EXERCISED BY PRESENTATION AND SURRENDER OF THIS WARRANT
TO  THE  COMPANY AT ITS PRINCIPAL EXECUTIVE OFFICES WITH A WRITTEN NOTICE OF THE
HOLDER'S INTENTION TO EFFECT A CASHLESS EXERCISE, INCLUDING A CALCULATION OF THE
NUMBER  OF  SHARES OF COMMON STOCK TO BE ISSUED UPON SUCH EXERCISE IN ACCORDANCE
WITH  THE  TERMS  HEREOF  (A  "CASHLESS  EXERCISE").  IN THE EVENT OF A CASHLESS
EXERCISE,  IN  LIEU  OF  PAYING  THE  EXERCISE  PRICE  IN CASH, THE HOLDER SHALL
SURRENDER  THIS  WARRANT FOR THAT NUMBER OF SHARES OF COMMON STOCK DETERMINED BY
MULTIPLYING THE NUMBER OF WARRANT SHARES TO WHICH IT WOULD OTHERWISE BE ENTITLED
BY  A  FRACTION, THE NUMERATOR OF WHICH SHALL BE THE DIFFERENCE BETWEEN THE THEN
CURRENT  MARKET  PRICE PER SHARE OF THE COMMON STOCK AND THE EXERCISE PRICE, AND
THE  DENOMINATOR  OF  WHICH  SHALL BE THE THEN CURRENT MARKET PRICE PER SHARE OF
COMMON  STOCK.  FOR EXAMPLE, IF THE HOLDER IS EXERCISING 100,000 WARRANTS WITH A
PER  WARRANT  EXERCISE PRICE OF $0.75 PER SHARE THROUGH A CASHLESS EXERCISE WHEN
THE  COMMON STOCK'S CURRENT MARKET PRICE PER SHARE IS $2.00 PER SHARE, THEN UPON
SUCH  CASHLESS  EXERCISE  THE HOLDER WILL RECEIVE 62,500 SHARES OF COMMON STOCK.

     Remedies.  THE  COMPANY ACKNOWLEDGES THAT A BREACH BY IT OF ITS OBLIGATIONS
     --------
HEREUNDER WILL CAUSE IRREPARABLE HARM TO THE HOLDER, BY VITIATING THE INTENT AND
PURPOSE  OF  THE  TRANSACTION  CONTEMPLATED  HEREBY.  ACCORDINGLY,  THE  COMPANY
ACKNOWLEDGES  THAT  THE REMEDY AT LAW FOR A BREACH OF ITS OBLIGATIONS UNDER THIS
WARRANT  WILL  BE  INADEQUATE AND AGREES, IN THE EVENT OF A BREACH OR THREATENED
BREACH  BY  THE COMPANY OF THE PROVISIONS OF THIS WARRANT, THAT THE HOLDER SHALL
BE  ENTITLED,  IN  ADDITION TO ALL OTHER AVAILABLE REMEDIES AT LAW OR IN EQUITY,
AND  IN  ADDITION  TO  THE  REMEDIES  SET  FORTH  HEREIN,  TO  AN  INJUNCTION OR
INJUNCTIONS  RESTRAINING, PREVENTING OR CURING ANY BREACH OF THIS WARRANT AND TO
ENFORCE  SPECIFICALLY THE TERMS AND PROVISIONS THEREOF, WITHOUT THE NECESSITY OF
SHOWING  ECONOMIC  LOSS  AND  WITHOUT ANY BOND OR OTHER SECURITY BEING REQUIRED.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

          IN  WITNESS  WHEREOF, the Company has caused this Warrant to be signed
by  its  duly  authorized  officer.

                                   THE  AMANDA  COMPANY

                                   By:  Jose  Candia
                                        ------------
                                   Jose  Candia
                                   Chief  Executive Officer and President

Dated  as  of  January  __,  2002

<PAGE>

PHL_A  #1563587  v2
                           FORM OF EXERCISE AGREEMENT

                                                       Dated:  ________ __, 200_

To:     The  Amanda  Company

     The  undersigned,  pursuant  to  the  provisions  set  forth  in the within
Warrant,  hereby  agrees  to purchase ________ shares of Common Stock covered by
such  Warrant,  and  makes  pay-ment  herewith in full therefor at the price per
share provided by such Warrant in cash or by certified or official bank check in
the  amount of, or, if the resale of such Common Stock by the undersigned is not
currently  registered  pursuant to an effective registration statement under the
Securities  Act  of  1933,  as amended, by surrender of securities issued by the
Company  (including a portion of the Warrant) having a market value (in the case
of a portion of this Warrant, determined in accordance with Section 11(c) of the
Warrant)  equal  to $_________.  Please issue a certificate or certifi-cates for
such  shares  of Common Stock in the name of and pay any cash for any fractional
share  to:

     Name:   ______________________________

     Signature:
     Address:_______________________________
             _______________________________

Note:          The  above  signature  should correspond exactly with the name on
the  face  of  the  within  Warrant,  if  applicable.

and,  if  said  number  of  shares  of  Common Stock shall not be all the shares
purchasable  under the within Warrant, a new Warrant is to be issued in the name
of  said  undersigned  covering the balance of the shares purchasable thereunder
less  any  frac-tion  of  a  share  paid  in  cash.

<PAGE>
                               FORM OF ASSIGNMENT

     FOR  VALUE  RECEIVED,  the undersigned hereby sells, assigns, and transfers
all  the rights of the undersigned under the within Warrant, with respect to the
number  of  shares  of  Common  Stock covered thereby set forth hereinbelow, to:

Name  of  Assignee               Address                         No  of  Shares
------------------               -------                         --------------

,  and  hereby  irrevocably  constitutes  and  appoints
___________________________________  as  agent and attorney-in-fact to trans-fer
said  Warrant  on  the books of the within-named corporation, with full power of
substitution  in  the  premises.

Dated:     ________  __,  200_

In  the presence of:             ______________________________

                       Name:     _______________________________

                       Signature:     _________________________
                       Title  of  Signing  Officer  or  Agent  (if  any):
                                    ______________________________
                       Address:     ______________________________
                                    ______________________________

                           Note:     The  above  signature  should  correspond
                                     exactly with the name on the face of the
                                     within  Warrant,  if  applicable.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}]]