Document:

Exhibit 10.3

                                   PROMISSORY NOTE

Principal Amount:                                  Effective as of:

US $  94,201.00                                       September 30, 2005

Amount; Interest Rate        FOR VALUE RECEIVED, Brooklyn Cheesecake &
                             Desserts Company, Inc., a corporation
                             organized and existing under the laws of New
                             York, with offices at 20 Passaic Avenue,
                             Fairfield, New Jersey 07004 (the "Obligor"),
                             promises to pay to the order of Anthony
                             Merante, residing at 46 Davenport Road,
                             Yonkers, New York 10710 (the "Payee"), the
                             principal sum of Forty One Thousand Two
                             Hundred and 49 Cents United States
                             Dollars(US$41,200.49), and interest on the
                             outstanding principal balance from the date
                             hereof at the rate of eight and one half
                             percent (8.5%) per annum.

Payment Schedule             This note shall be payable upon demand of
                             lender.

Default                      If any of the following events shall occur,
                             the outstanding principal balance of this note
                             together with accrued interest thereon shall,
                             on demand by the Payee of this note, be due
                             and payable: any amount owing under this note
                             is not paid when due; a default under any
                             other provision of this note or under any
                             guarantee or other agreement providing
                             security for the payment of this note; a
                             breach of any representation or warranty under
                             this note or under any such guarantee or
                             security agreement; the liquidation,
                             dissolution, death, or incompetency of the
                             Obligor or any individual, corporation,
                             partnership, or other entity guaranteeing or
                             providing security for the payment of this
                             note; a sale of a material or substantial
                             portion of the business and assets of the
                             Obligor or any corporation, partnership, or
                             other entity guaranteeing or providing
                             security for the payment of this note; a
                             merger, consolidation, or acquisition of the
                             Obligor or any corporation, partnership, or
                             other entity guaranteeing or providing
                             security for the payment of this note; a
                             change in ownership of the Obligor or any

<PAGE>

                             corporation, partnership, or other entity
                             guaranteeing or providing security for the
                             payment of this note wherein 50% ownership of
                             all classes of shares or interests of the
                             Obligor or any corporation, partnership, or
                             other entity guaranteeing or providing
                             security for the payment of this note is held
                             by any group of business entities or
                             individuals, which in combination with each
                             other number six (6) or fewer; a change in
                             control of the Obligor or any corporation,
                             partnership, or other entity guaranteeing or
                             providing security for the payment of this
                             note wherein 50% control of the voting rights
                             of all classes of shares or interests of the
                             Obligor or any corporation, partnership, or
                             other entity guaranteeing or providing
                             security for the payment of this note is held
                             by any group of business entities or
                             individuals, which in combination with each
                             other number six (6) or fewer; a change in the
                             membership of the Board of Directors,
                             partners, or members of the Obligor or any
                             corporation, partnership, or other entity
                             guaranteeing or providing security for the
                             payment of this note wherein any current Board
                             Members duly serving on the Board of
                             Directors, partners, or members as of the date
                             of this Agreement no longer comprise two
                             thirds (?) of the entire Board of Directors,
                             partnership, or membership of the Obligor or
                             any corporation, partnership, or other entity
                             guaranteeing or providing security for the
                             payment of this note; the filing of a petition
                             under any bankruptcy, insolvency, or similar
                             law by the Obligor or by any individual,
                             corporation, partnership, or other entity
                             guaranteeing or providing security for the
                             payment of this note; the making of any
                             assignment for the benefit of creditors by the
                             Obligor or by any individual, corporation,
                             partnership, or other entity guaranteeing or
                             providing security for the payment of this
                             note; the filing of a petition under any
                             bankruptcy, insolvency, or similar law against
                             the Obligor or against any individual,
                             corporation, partnership, or other entity
                             guaranteeing or providing security for the
                             payment of this note and such petition not
                             being dismissed within a period of thirty (30)
                             days of the filing; the termination or
                             discontinuance of employment, for any reason
                             whatsoever, between the Payee of this note and
                             the Obligor.

<PAGE>

Default Interest             The outstanding balance of any amount owing
                             under this note which is not paid when due
                             shall bear interest at the rate of twelve and
                             a half percent (12.5%) per annum.

Usury Clause                 Notwithstanding any other provision of this
                             note, interest under this note shall not
                             exceed the maximum rate permitted by law; and
                             if any amount is paid under this note as
                             interest in excess of such maximum rate, then
                             the amount so paid will not constitute
                             interest but will constitute a prepayment on
                             account of the principal amount of this note.
                             If at any time the interest rate under this
                             note would, but for the provision of the
                             preceding sentence, exceed the maximum rate
                             permitted by law, then the outstanding
                             principal balance of this note shall, on
                             demand by the Payee of this note, become and
                             be due and payable.

Where to Make Payments       All payments of principal and interest shall
                             be made in lawful currency of the United
                             States of America by certified check made
                             payable to Anthony Merante and delivered
                             before 11:00 a.m. Eastern Standard or Eastern
                             Daylight time (whichever is then in effect) on
                             the due date thereof at 46 Davenport Road,
                             Yonkers, New York 10710, or in such other
                             manner or at such other place as the Payee of
                             this note designates in writing.

Tax Gross Up                 All payments under this note shall be made
                             without defense, set-off or counterclaim, free
                             and clear of and without deduction for any
                             taxes of any nature now or hereafter imposed.
                             Should any such payment be subject to any tax,
                             the Obligor shall pay to the Payee of this
                             note such additional amounts as may be
                             necessary to enable the Payee to receive a net
                             amount equal to the full amount payable
                             hereunder. As used in this paragraph, the term
                             "tax" means any tax, levy, impost, duty,
                             charge, fee, deduction, withholding, turnover
                             tax, stamp tax and any restriction or
                             condition resulting in a charge imposed in any
                             jurisdiction upon the payment or receipt of
                             any amount under this note.

Expenses                     The Obligor agrees to pay on demand (i) all
                             expenses (including, without limitation, legal
                             fees and disbursements) incurred in connection
                             with the negotiation and preparation of this
                             note and any documents in connection with this
                             note, and (ii) all expenses of collecting and
                             enforcing this note and any guarantee or
                             collateral securing this note, including,
                             without limitation, expenses, and fees of
                             legal counsel, court costs, and the cost of
                             appellate proceedings.

<PAGE>

Governing Law                This note and the obligations of the Obligor
                             shall be governed by and construed in
                             accordance with the laws of the State of New
                             York, except that no choice of law doctrine
                             shall be used to apply the laws of another
                             jurisdiction. For purposes of any proceeding
                             involving this note or any of the obligations
                             of the Obligor, the Obligor hereby submits to
                             the non-exclusive jurisdiction of the courts
                             of the State of New York and of the United
                             States having jurisdiction in the County of
                             New York, State of New York, and agrees not to
                             raise and waives any objection to or defense
                             based upon the venue of any such court and any
                             objection or defense based upon forum non
                             conveniens. The Obligor agrees not to bring
                             any action or other proceeding with respect to
                             this note or with respect to any of its
                             obligations in any other court unless such
                             courts of the State of New York and of the
                             United States determine that they do not have
                             jurisdiction in the matter.

Waiver of Presentment, Etc.  The Obligor waives presentment for payment,
                             demand, protest and notice of protest and of
                             non-payment.

Delay; Waiver                The failure or delay by the Payee of this note
                             in exercising any of its rights hereunder in
                             any instance shall not constitute a waiver
                             thereof in that or any other instance. The
                             Payee of this note may not waive any of its
                             rights except by an instrument in writing
                             signed by the Payee.

Prepayment                   The Obligor may prepay all or any portion of
                             the principal of this note at any time and
                             from time to time without premium or penalty.
                             Any such prepayment shall be applied against
                             the installments of principal due under this
                             note in the inverse order of their maturity
                             and shall be accompanied by payment of accrued
                             interest on the amount prepaid to the date of
                             prepayment.

Rights and Remedies          The rights and remedies provided in this note
                             are cumulative and not exclusive of any rights
                             or remedies provided by law or by any other
                             agreement. The Payee will not be required to
                             resort to or pursue any of its rights or
                             remedies under or with respect to any other
                             note, agreement, or with respect to any other
                             collateral, guarantee, or other security
                             before pursuing any of its rights or remedies
                             under this note. The Payee may pursue its
                             rights and remedies in such order as it
                             determines.

<PAGE>

Amendment                    This note may not be amended without the
                             written approval of the Payee.

Section Headings             Section headings are for purposes of
                             convenience only and shall have no bearing on
                             the interpretation of any provision in this
                             note.

Severability                 If any provision of this note or the
                             application of any such provision to any
                             person or circumstance is held invalid, the
                             remainder of this note, and the application of
                             such provision other than to the extent it is
                             held invalid, shall not be invalidated or
                             affected thereby.

Entire Note                  This note constitutes the entire note and
                             supersedes any and all prior agreements or
                             understandings, whether written or oral. There
                             are no restrictions, promises,
                             representations, warranties, covenants, or
                             undertakings, other than those expressly set
                             forth or referred to herein.

Pronouns                     All pronouns and any variation thereof shall
                             be deemed to refer to the masculine, feminine,
                             or neuter, singular or plural, as the identity
                             of the person or persons may require.

Rules of Construction        Each of the parties hereto has reviewed this
                             note and agrees that the normal rule of
                             construction that any ambiguity or uncertainty
                             in a writing be interpreted against the party
                             drafting the writing shall not apply in any
                             action or proceeding involving this note.

Successors                   This note shall be binding upon and inure to
                             the benefit of permitted successors and
                             assigns, heirs, executors, and administrators
                             of the respective parties. Neither the Obligor
                             nor the Payee may, without the other's prior
                             written consent, transfer or assign any rights
                             or obligations under this note.

Acknowledgment               The parties hereto acknowledge that they have
                             read and understand this note and agree to be
                             bound by its terms and conditions.

Execution                    This note may be executed in counterparts, and
                             as so executed shall constitute one note
                             binding on the parties.

<PAGE>

                                      OBLIGOR
                                      Brooklyn Cheesecake & Desserts Co.
                                      Inc.

                                      By: _________________________

                                      Name: Ronald L. Schutte

                                      Title: Chief Executive Officer

CONFIRMATION

IN WITNESS WHEREOF, on behalf of and upon due authorization from the Board of
Directors of Brooklyn Cheesecake & Desserts Company, Inc., and after
disclosure by Anthony Merante, that he is an interested director, the
director below has read, understands, and confirms this Agreement as of the
date first written above.

By: ___________________________
Name:
Title: DirectorLAURUS
      MASTER FUND, LTD.

    c/o
      Laurus Capital Management, LLC

    825
      Third Avenue

    New
      York, New York 10022

    

    

    November
      16, 2005

    

    Thomas
      Equipment, Inc.

    Thomas
      Ventures, Inc.

    1818
      North Farwell Avenue

    Milwaukee,
      Wisconsin 53202

    Attention: David
      Marks

    

    Re:
      Amendment
      to Security and Purchase Agreement

    

    Ladies
      and Gentlemen:

     

    Reference
      is made to the Security and Purchase Agreement dated as of November 9, 2004
      (as
      amended, restated, modified and supplemented from time to time, the “Agreement”)
      among Thomas Equipment, Inc. (f/k/a Maxim Mortgage Corporation) (“Thomas
      Equipment”) and Thomas Ventures, Inc. (“Thomas Ventures”) (Thomas Equipment and
      Thomas Ventures, each a “Company” and collectively, “Companies”) and Laurus
      Master Fund.,
      Ltd.
      (“Laurus”). Capitalized terms used herein that are not defined shall have the
      meanings given to them in the Agreement.

     

    Companies
      have requested that Laurus amend the Agreement and Laurus is willing to do
      so on
      the terms and conditions set forth below.

     

    In
      consideration of the foregoing and other good and valuable consideration, the
      receipt and sufficiency of which is hereby acknowledged, the parties hereto
      hereby agree as follows:

     

    Subject
      to satisfaction of the conditions precedent set forth below, the following
      definitions in Annex
      A
      to the
      Agreement are hereby amended in their entirety to provide as
      follows:

     

    “Capital
      Availability Amount”
      means
      $22,000,000.

     

    “Revolving
      Note”
      means
      that certain Amended and Restated Secured Revolving Note made by Company and
      each Eligible Subsidiary in favor of Laurus in the aggregate principal amount
      of
      Twenty Two Million Dollars ($22,000,000).

     

    “Total
      Investment Amount”
      means
      $29,900,000.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    This
      letter agreement shall become effective upon satisfaction of the following
      conditions precedent: Laurus shall have received (i) a management fee for the
      benefit of Laurus Capital Management, LLC in the amount of $78,000 which fee
      shall be charged to Companies’ account with Laurus, be fully earned as of the
      date hereof and shall not be subject to reduction, rebate or proration
      whatsoever, (ii) a copy of this Amendment executed by Companies and consented
      and agreed to by each guarantor listed below, (iii) fully executed originals
      of
      all documents instruments and agreements set forth on the transaction checklist
      attached hereto as Exhibit
      A
      and (iv)
      all such other certificates, instruments, documents, agreements and opinions
      of
      counsel as may be required by Laurus or its counsel, each of which shall be
      in
      form and substance satisfactory to Laurus and its counsel.

     

    Except
      as
      specifically amended herein, the Agreement and the Ancillary Agreements shall
      remain in full force and effect, and are hereby ratified and confirmed. The
      execution, delivery and effectiveness of this letter agreement shall not operate
      as a waiver of any right, power or remedy of Laurus, nor constitute a waiver
      of
      any provision of the Agreement or any of the Ancillary Agreements. This letter
      agreement shall be binding upon and inure to the benefit of the parties hereto
      and their respective successors and assigns and shall be governed by and
      construed in accordance with the laws of the State of New York.

     

     

    [Remainder
      of Page Intentionally Left Blank]

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    This
      letter agreement may be executed by the parties hereto in one or more
      counterparts, each of which shall be deemed an original and all of which when
      taken together shall constitute one and the same agreement. Any signature
      delivered by a party by facsimile transmission shall be deemed to be an original
      signature hereto.

    
      	 	 	 
	 	Very truly yours, 
	 	 
	 	LAURUS
              MASTER FUND, LTD.
	 
 	 
 	 
 
	 	By:  	/s/
              DAVID GRIN
	 	
              
Name:
              David Grin
	 	Title:
              Fund Manager

    

    
       

       

      
        
          	CONSENTED
                  AND AGREED TO: 	 	 	 
	 	 	 	 
	THOMAS EQUIPMENT, INC. 	 	 	 
	(f/k/a Maxim Mortgage
                  Corporation) 	 	 	 

        

         

        
          
            	 	 	 	 	 
	By:  	
                    /s/
                      DAVID MARKS

                  	 	 	 
	 	
                    
Name: David
                    Marks	 	 	 
	 	Title: Chairman

          

        

         

        
          

            
              	THOMAS VENTURES,
                      INC.  	 	 	 
	 	 	 	 	 
	By:  	
                      
                        
                          /s/
                            DAVID MARKS

                        

                      

                    	 	 	 
	 	
                      
Name: David
                      Marks	 	 	 
	 	Title: Chairman	 	 	 

            

          

        

        
           

          

            
              	THOMAS EQUIPMENT
                      2004 
                      INC. 	 	 	 
	 	 	 	 	 
	By:  	
                      
                        
                          /s/
                            DAVID MARKS

                        

                      

                    	 	 	 
	 	
                      
Name: David
                      Marks	 	 	 
	 	Title: Chairman

            

          

           

        

      

    

    [Additional
      Signature Page to
      Follow]

    
 

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

      

        
          	PNEUTECH INC. 	 	 	 
	 	 	 	 	 
	By:  	
                  /s/
                    LUIGI LOBASSO

                	 	 	 
	 	
                  
Name: Luigi
                  Lobasso	 	 	 
	 	Title: CFO

        

      

       

      

        
          	ROUSSEAU CONTROLS INC.	 	 	 
	 	 	 	 	 
	By:  	
                  
                    
                      /s/
                        LUIGI LOBASSO

                    

                  

                	 	 	 
	 	
                  
Name: Luigi
                  Lobasso	 	 	 
	 	Title: CFO

        

      

    

    
      

        
          	HYDRAMEN FLUID POWER
                  LIMITED	 	 	 
	 	 	 	 	 
	By:  	
                  
                    
                      /s/
                        LUIGI LOBASSO

                    

                  

                	 	 	 
	 	
                  
Name: Luigi
                  Lobasso	 	 	 
	 	Title: CFO

        

      

      
 

    

    [Signature
      Page to Amendment to Security Agreement]

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