Document:

EXHIBIT 4(i)

[OBJECT OMITTED]               [OBJECT OMITTED]                 [OBJECT OMITTED]

                            PREVENTION Insurance.com
               INCORPORATED UNDER THE LAWS OF THE STATE OF NEVADA

This Certifies that

is the owner of

  FULLY PAID AND NON-ASSESSABLE SHARES OF THE COMMON STOCK PAR VALUE $.91 PER
 SHARE OF PREVENTION INSURANCE.COM transferable on the books of the corporation
   in person or by duly authorized attorney upon surrender of this certificate
  properly endorsed. This certificate is not valid unless countersigned by the
   Transfer Agent and register by the Register. WITNESS the facsimile seal of
 the corporation and the facsimile signatures of its duly authorized officers.

Countersigned and Registered

By                                     Transfer Agent
                                       and Registrar

          ----------------------
           Authorized Signature

Dated:

[OBJECT OMITTED]    ---------------------      ---------------- [OBJECT OMITTED]
                               Secretary PresidentTEXAS COMMERCIAL RESOURCES, INC.

                              INVESTMENT AGREEMENT

     THE  SECURITIES  OFFERED  HEREBY  HAVE  NOT  BEEN  REGISTERED WITH THE
     SECURITIES  AND  EXCHANGE  COMMISSION OR ANY STATE OR OTHER SECURITIES
     AUTHORITIES. THEY MAY NOT BE SOLD OR TRANSFERRED EXCEPT PURSUANT TO AN
     EFFECTIVE REGISTRATION STATEMENT OR AN EXEMPTION FROM THE REGISTRATION
     REQUIREMENTS  OF  THE  FEDERAL  AND  STATE  SECURITIES  LAWS.

     THIS  INVESTMENT  AGREEMENT DOES NOT CONSTITUTE AN OFFER TO SELL, OR A
     SOLICITATION  OF AN OFFER TO PURCHASE, ANY OF THE SECURITIES DESCRIBED
     HEREIN  BY OR TO ANY PERSON IN ANY JURISDICTION IN WHICH SUCH OFFER OR
     SOLICITATION  WOULD  BE  UNLAWFUL.  THESE  SECURITIES  HAVE  NOT  BEEN
     RECOMMENDED  BY  ANY FEDERAL OR STATE SECURITIES AUTHORITIES, NOR HAVE
     SUCH  AUTHORITIES CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF
     THIS  DOCUMENT.  ANY  REPRESENTATION  TO  THE  CONTRARY  IS A CRIMINAL
     OFFENSE.

     AN  INVESTMENT IN THESE SECURITIES INVOLVES A HIGH DEGREE OF RISK. THE
     INVESTOR  MUST  RELY  ON  ITS  OWN  ANALYSIS  OF  THE  INVESTMENT  AND
     ASSESSMENT  OF  THE  RISKS INVOLVED. SEE THE RISK FACTORS SET FORTH IN
     THE  ATTACHED  DISCLOSURE  DOCUMENTS  AS  EXHIBIT D.
                                               ---------

     SEE ADDITIONAL LEGENDS AT SECTIONS 4.7.

          THIS INVESTMENT AGREEMENT (this "Agreement" or "Investment Agreement")
is  made  as of July 1, 2002, by and between Texas Commercial Resources, Inc., a
corporation  duly  organized  and  existing under the laws of the State of Texas
(the  "Company"),  and  the  undersigned  Investor  executing  this  Agreement
("Investor").

                                    RECITALS:

     WHEREAS,  the  parties  desire  that,  upon  the  terms  and subject to the
conditions  contained  herein,  the Company shall issue to the Investor, and the
Investor  shall purchase from the Company, from time to time as provided herein,
shares  of the Company's Common Stock, as part of an offering of Common Stock by
the  Company to Investor, for

<PAGE>
a  maximum  aggregate  offering  amount  of  $8,000,000  (the  "Maximum Offering
Amount");  and

     WHEREAS,  the solicitation of this Investment Agreement and, if accepted by
the  Company,  the offer and sale of the Common Stock are being made in reliance
upon  the provisions of Regulation D ("Regulation D") promulgated under the Act,
Section  4(2) of the Act, and/or upon such other exemption from the registration
requirements  of  the  Act as may be available with respect to any or all of the
purchases  of  Common  Stock  to  be  made  hereunder.

                                     TERMS:

     NOW,  THEREFORE,  the  parties  hereto  agree  as  follows:

     1.     Certain  Definitions.  As  used  in  this  Agreement  (including the
recitals  above),  the  following  terms shall have the following meanings (such
meanings  to  be equally applicable to both the singular and plural forms of the
terms  defined):

     "Accredited  Investor"  shall  have  the  meaning set forth in Section 3.1.

     "Act"  shall  mean  the  Securities  Act  of  1933,  as  amended.

     "Aggregate  Issued  Shares" equals the aggregate number of shares of Common
Stock  issued  to  Investor  pursuant  to  the  terms  of  this Agreement or the
Registration  Rights  Agreement  as  of  a  given date, including Put Shares and
Warrant  Shares.

     "Business Day" shall mean any day during which the Principal Market is open
for  trading.

     "Calendar Month" shall mean the period of time beginning on the numeric day
in question in a calendar month and for Calendar Months thereafter, beginning on
the  earlier  of (i) the same numeric day of the next calendar month or (ii) the
last  day  of the next calendar month.  Each Calendar Month shall end on the day
immediately  preceding  the  beginning  of  the  next succeeding Calendar Month.

     "Capitalization  Schedule"  shall  have  the  meaning  set forth in Section
3.2.4.

     "Closing"  shall mean one of (i) the Investment Commitment Closing and (ii)
each  closing  of  a  purchase  and  sale of Common Stock pursuant to Section 2.

     "Closing  Bid  Price"  means,  for  any  security  as of any date, the last
closing  bid  price  for  such  security during Normal Trading on the  Principal
Market for  such security reported by such exchange or market, or, if no closing
bid  price  is  reported for such security, the average of the bid prices of any
market makers for such security as reported in the "pink sheets" by the National
Quotation  Bureau,  Inc.  If the Closing Bid Price cannot be calculated for such
security  on  such  date on any of the foregoing bases, the

                                        2
<PAGE>
Closing  Bid  Price of such security on such date shall be the fair market value
as  mutually determined by the Company and the Investor in this Offering. If the
Company  and  the  Investor  in  this Offering are unable to agree upon the fair
market  value  of  the  Common  Stock, then such dispute shall be resolved by an
investment  banking  firm mutually acceptable to the Company and the Investor in
this  offering  and any fees and costs associated therewith shall be paid by the
Company.

     "Common  Shares"  shall  mean  the  shares  of Common Stock of the Company.

     "Common  Stock"  shall  mean  the  common  stock  of  the  Company.

      "Delisting  Event"  shall mean any time during the term of this Investment
Agreement,  that  the  Company's  Common  Stock  is  not listed for and actively
trading  on  the  OTC  Bulletin  Board,  the Nasdaq Small Cap Market, the Nasdaq
National  Market, the American Stock Exchange, or the New York Stock Exchange or
is  suspended  or  delisted  with respect to the trading of the shares of Common
Stock  on  such  market  or  exchange.

     "Exchange  Act" shall mean the Securities Exchange Act of 1934, as amended.

     "Extended Put Period" shall mean the period of time between the Advance Put
Notice  Date  until  the  Pricing  Period  End  Date.

      "Ineffective  Period"  shall mean any period of time that the Registration
Statement  or  any  Supplemental  Registration Statement (each as defined in the
Registration  Rights  Agreement)  becomes ineffective or unavailable for use for
the  sale  or resale, as applicable, of any or all of the Registrable Securities
(as  defined  in  the  Registration  Rights Agreement) for any reason (or in the
event  the  prospectus under either of the above is not current and deliverable)
during  any  time  period  required  under  the  Registration  Rights Agreement.

     "Investment  Commitment  Opinion  of  Counsel"  shall  mean an opinion from
Company's  independent  counsel  as  to  the  Investment  Commitment  Closing.

     "Investment Date" shall mean the date of the Investment Commitment Closing.

     "Major Transaction" shall mean and shall be deemed to have occurred at such
time  upon  any  of  the  following  events:

          (i)  a consolidation, merger or other business combination or event or
transaction  following  which  the  holders  of  Common  Stock  of  the  Company
immediately  preceding  such  consolidation, merger, combination or event either
(a)  no  longer  hold a majority of the shares of Common Stock of the Company or
(b) no longer have the ability to elect the board of directors of the Company (a
"Change  of  Control");  provided, however, that if the other entity involved in
such  consolidation,  merger,  combination or event is a publicly traded company
with  "Substantially  Similar Trading Characteristics" (as defined below) as the
Company and the holders of Common Stock are to receive

                                        3
<PAGE>
solely Common Stock or no consideration (if the Company is the surviving entity)
or  solely  common  stock  of  such  other  entity  (if such other entity is the
surviving  entity),  such  transaction  shall  not  be  deemed  to  be  a  Major
Transaction  (provided  the  surviving  entity, if other than the Company, shall
have  agreed  to  assume all obligations of the Company under this Agreement and
the  Registration  Rights  Agreement). For purposes hereof, an entity shall have
Substantially  Similar  Trading  Characteristics  as  the Company if the average
daily dollar Trading Volume of the common stock of such entity is equal to or in
excess  of  $500,000  for  the  90th  through  the  31st day prior to the public
announcement  of  such  transaction;

            (ii)  the  sale  or  transfer  of  all  or  substantially all of the
Company's  assets;  or

            (iii) a  purchase,  tender  or exchange offer made to the holders of
outstanding shares of Common Stock, such that following such purchase, tender or
exchange  offer  a  Change  of  Control  shall  have  occurred.

     "Market  Price"  shall equal the volume weighted average price ("VWAP") for
the five days having the lowest daily VWAP for the Common Stock on the Principal
Market  during  the  Pricing  Period  for  the  applicable  Put.

     "Normal  Trading"  shall  mean trading that occurs between 9:30 AM and 4:00
PM,  New York City Time, on any Business Day, and shall expressly exclude "after
hours"  trading.

     "Offering"  shall  mean the Company's offering of Common Stock and Warrants
issued  under  this  Investment  Agreement.

     "Officer's  Certificate"  shall mean a certificate, signed by an officer of
the  Company,  to  the  effect  that  the  representations and warranties of the
Company  in  this  Agreement  required to be true for the applicable Closing are
true  and  correct  in  all  material  respects  and  all  of the conditions and
limitations  set  forth  in  this  Agreement  for  the  applicable  Closing  are
satisfied.

     "Opinion  of  Counsel" shall mean, as applicable, the Investment Commitment
Opinion  of  Counsel  and  the  Registration  Opinion.

     "Pricing  Period" shall mean, unless otherwise shortened under the terms of
this  Agreement,  the period beginning on the Business Day immediately following
the  Put  Date  and  ending  on and including the date which is 20 Business Days
after  such  Put  Date.

     "Pricing  Period  End Date" shall mean the last Business Day of any Pricing
Period.

                                        4
<PAGE>
     "Principal  Market" shall mean the OTC Bulletin Board, the Nasdaq Small Cap
Market,  the Nasdaq National Market, the American Stock Exchange or the New York
Stock  Exchange,  whichever  is  at  the  time the principal trading exchange or
market  for  the  Common  Stock.

     "Put  Date" shall mean the date that is specified by the Company in any Put
Notice  for  which  the  Company  intends to exercise a Put under Section 2.3.1,
unless the Put Date is postponed pursuant to the terms hereof, in which case the
"Put  Date"  is  such  postponed  date.

     "Put Dollar Amount" shall be determined by multiplying the Put Share Amount
by  the  respective Put Share Prices with respect to such Put Shares, subject to
the  limitations  herein.

     "Put  Shares"  shall  mean shares of Common Stock that are purchased by the
Investor  pursuant  to  a  Put.

     "Registrable  Securities"  shall  have  the  meaning  as  set  forth in the
Registration  Rights  Agreement.

     "Registration Rights Agreement" shall mean that certain registration rights
agreement entered into by the Company and Investor on even date herewith, in the
form  attached  hereto  as  Exhibit  A, or such other form as agreed upon by the
                            -----------
parties.

     "Registration  Statement"  shall  have  the  meaning  as  set  forth in the
Registration  Rights  Agreement.

     "Regulation  D"  shall  mean  Regulation  D  promulgated  under  the  Act.

     "SEC"  shall  mean  the  Securities  and  Exchange  Commission.

     "Securities" shall mean this Investment Agreement, together with the Common
Stock  of  the Company, the Warrants and the Warrant Shares issuable pursuant to
this  Investment  Agreement.

     "Six Month Anniversary" shall mean the date that is the same Numeric Day of
the  sixth  (6th) calendar month after the Investment Date, and the date that is
the  same  Numeric  Day  of each sixth (6th) calendar month thereafter, provided
that  if  such  date  is  not  a Business Day, the next Business Day thereafter.

     "Supplemental  Registration  Statement" shall have the meaning set forth in
the  Registration  Rights  Agreement.

     "Term"  shall  mean  the term of this Agreement, which shall be a period of
time beginning on the date of this Agreement and ending on the Termination Date.

                                        5
<PAGE>
     "Termination  Date"  shall mean the earlier of (i) the date that is two (2)
years  after  the  Effective Date, or (ii) the date that is thirty (30) Business
Days  after  the  later  of  (a)  the  Put  Closing Date on which the sum of the
aggregate  Put Share Price for all Put Shares equal the Maximum Offering Amount,
(b)  the  date  that  the  Company  has  delivered  a  Termination Notice to the
Investor,  and  (c)  the  date  of  an  Automatic  Termination.

     "Trading  Volume  " shall mean the volume of shares of the Company's Common
Stock  that  trade  between  9:30  AM  and  4:00  PM, New York City Time, on the
Principal Market during any Business Day, and shall expressly exclude any shares
trading  during  "after  hours"  trading.

     "Transfer  Agent Instructions" shall mean the Company's instructions to its
transfer  agent,  substantially in the form attached as Exhibit I, or such other
                                                        ---------
form  as  agreed  upon  by  the  parties.

     "Unlegended  Share  Certificates"  shall mean a certificate or certificates
(or  electronically  delivered  shares,  as  appropriate)  (in  denominations as
instructed  by  Investor)  representing  the shares of Common Stock to which the
Investor  is then entitled to receive, registered in the name of Investor or its
nominee  (as  instructed by Investor) and not containing a restrictive legend or
stop  transfer  order,  including  but  not  limited  to  the Put Shares for the
applicable  Put  and  Warrant  Shares.

     "VWAP"  shall  mean  the  volume-weighted  average of the prices at which a
security  has traded on the security's Principal Market during the relevant time
period.

     "Warrant  Shares"  shall  mean  the  Common  Stock  issued or issuable upon
exercise  of  the  Warrants.

     2.   Purchase  and  Sale  of  Common  Stock.

          2.1  Offer  to  Subscribe.
               --------------------

          Subject to the terms and conditions herein and the satisfaction of the
conditions  to  closing set forth in Sections 2.2 and 2.3 below, Investor hereby
agrees to purchase such amounts of Common Stock and accompanying Warrants as the
Company  may,  in  its  sole and absolute discretion, from time to time elect to
issue and sell to Investor according to one or more Puts pursuant to Section 2.3
below.

          2.2     Investment  Commitment.
                  ----------------------

                  2.2.1  Investment  Commitment  Closing.  The  closing  of this
Agreement  (the  "Investment  Commitment Closing") shall be deemed to occur when
this  Agreement and the Registration Rights Agreement have been executed by both
Investor  and the Company, the Transfer Agent Instructions have been executed by
both  the Company and the Transfer Agent, and the other Conditions to Investor's
Obligations  set  forth  in  Section  2.2.2  below  have  been  met.

                                        6
<PAGE>
                  2.2.2  Conditions to Investor's Obligations. As a prerequisite
to  the  Investment Commitment Closing and the Investor's obligations hereunder,
all  of  the  following  (the "Conditions to Investor's Obligations") shall have
been  satisfied  prior  to  or  concurrently  with  the  Company's execution and
delivery  of  this  Agreement:

          (a)  the  following  documents  shall  have  been  delivered  to  the
               Investor:  (i) the Registration Rights Agreement (executed by the
               Company  and Investor), (ii) the Investment Commitment Opinion of
               Counsel  (signed  by  the  Company's counsel), (iii) the Transfer
               Agent  Instructions  (executed  by  the  Company and the Transfer
               Agent),  and  (iv)  a  Secretary's  Certificate  as  to  (A)  the
               resolutions  of the Company's board of directors authorizing this
               transaction,  (B)  the  Company's  Certificate  of Good Standing,
               Articles  of  Incorporation,  and  (C)  the  Company's  Bylaws;

          (b)  this  Investment  Agreement,  accepted by the Company, shall have
               been  received  by  the  Investor;

          (c)  the  Company  agrees  that  the  Company's  Common Stock shall be
               listed  for  trading  and  actually trading on a Principal Market
               prior  to  the  first  Put  Date;

          (d)  other  than  continuing  losses,  if  any,  described in the Risk
               Factors  set  forth  in the Disclosure Documents (provided for in
               Section  3.2.4),  as  of  the  Closingthere have been no material
               adverse  changes in the Company's business prospects or financial
               condition  since  the  date of the last balance sheet included in
               the  Disclosure Documents, including but not limited to incurring
               material  liabilities;  and

          (e)  the  representations  and  warranties  of  the  Company  in  this
               Agreement  shall be true and correct in all material respects and
               the  conditions  to  Investor's  obligations  set  forth  in this
               Section  2.2.2  shall have been satisfied as of such Closing; and
               the  Company shall deliver an Officer's Certificate, signed by an
               officer  of  the  Company,  to  such  effect  to  the  Investor.

          2.3  Puts  of  Common  Shares  to  the  Investor.
               --------------------------------------------

                  2.3.1  Procedure  to Exercise a Put. Subject to the Individual
Put  Limit, the Maximum Offering Amount, the 9.9% Limitation, and the Cap Amount
(if  applicable),  and  the  other  conditions and limitations set forth in this
Agreement, at any time beginning on the date on which the Registration Statement
is declared effective by the SEC (the "Effective Date"), the Company may, in its
sole  and  absolute  discretion, elect to exercise one or more Puts according to
the  following procedure, provided that each subsequent Put Date after the first
Put  Date shall be no sooner than five (5) Business Days following the preceding
Pricing  Period  End  Date:

                                        7
<PAGE>
                    (a)  Delivery  of  Advance Put Notice.     At least ten (10)
                         --------------------------------
Business  Days but not more than twenty (20) Business Days prior to any intended
Put Date (unless otherwise agreed in writing by the Investor), the Company shall
deliver  advance  written notice (the "Advance Put Notice," the form of which is
attached  hereto  as  Exhibit  F,  the date of such Advance Put Notice being the
                      ----------
"Advance  Put  Notice  Date")  to  Investor  stating  the Put Date for which the
Company  shall,  subject  to  the limitations and restrictions contained herein,
exercise  a  Put  and  stating  the  number  of shares of Common Stock which the
Company  intends  to  sell  to the Investor for the Put (the "Intended Put Share
Amount").

                    The  Company  may,  at  its  option,  also  designate in any
Advance  Put Notice a minimum purchase price per Put Share at which the Investor
may  purchase  Shares pursuant to such Put Notice (a "Company Designated Minimum
Put  Share  Price").  The  Company  Designated  Minimum  Put  Share  Price,  if
applicable,  shall  be  no  greater  than  80%  of  the Closing Bid Price of the
Company's  common stock on the Advance Put Notice Date. The Company may decrease
(but  not  increase) the Company Designated Minimum Put Share Price for a Put at
any  time  by giving the Investor written notice of such decrease not later than
12:00  Noon,  New  York City time, on the Business Day immediately preceding the
Business  Day  that  such decrease is to take effect.  A decrease in the Company
Designated  Minimum  Put  Share  Price  shall  have no retroactive effect on the
determination  of  Trigger  Prices  and  Excluded  Days  for  days preceding the
Business  Day  that  such  decrease  takes  effect.

                    In  order  to effect delivery of the Advance Put Notice, the
Company  shall (i) send the Advance Put Notice by facsimile on such date so that
such  notice  is  received  by the Investor by 6:00 p.m., New York, NY time, and
(ii)  surrender  such notice on such date to a courier for overnight delivery to
the  Investor  (or  two  (2)  day  delivery  in the case of an Investor residing
outside  of  the  U.S.). Upon receipt by the Investor of a facsimile copy of the
Advance Put Notice, the Investor shall, within five (5) Business Days, send, via
facsimile, a confirmation of receipt (the "Advance Put Notice Confirmation," the
form  of which is attached hereto as Exhibit G) of the Advance Put Notice to the
                                     ---------
Company  specifying  that the Advance Put Notice has been received and affirming
the  intended  Put  Date  and  the  Intended  Put  Share  Amount.

                    (b)  Put  Share Amount. The "Put Share Amount" is the number
                         ------------------
of  shares of Common Stock that the Investor shall be obligated to purchase in a
given Put, and shall equal the lesser of (i) the Intended Put Share Amount, (ii)
the  Individual  Put  Limit,  or  that  number of shares that could be purchased
without  exceeding  the Maximum Offering Amount, the 9.9% limitation, or the Cap
Amount,  if  applicable.  The "Individual Put Limit" shall equal  15% of the sum
of  the aggregate daily reported Trading Volumes in the outstanding Common Stock
on  the Company's Principal Market, excluding any block trades of 20,000 or more
shares  of  Common  Stock,  for  all  Evaluation  Days (as defined below) in the
Pricing  Period.  Company agrees not to trade Common Stock or arrange for Common
Stock to be traded for the purpose of artificially increasing the Individual Put
Limit.

                                        8
<PAGE>
     For  purposes  of  this  Agreement:

          "Trigger  Price"  for any Pricing Period shall mean the greater of (i)
the  Company  Designated  Minimum  Put  Share  Price  divided by 90% or (ii) the
Company  Designated  Minimum  Put  Share  Price  plus  $.10.

          An "Excluded Day" shall mean each Business Day during a Pricing Period
where at least "Y" shares of Common Stock trade at a price that is less than the
Trigger  Price, where "Y" is the lesser of (i) 10,000 shares, or (ii) 15% of the
daily  reported  Trading Volume in the outstanding Common Stock on the Company's
Principal  Market  on  such  Business  Day.

          An  "Evaluation  Day"  shall  mean  each Business Day during a Pricing
Period  that  is  not  an  Excluded  Day.

                    (c)  Put Share Price.  The purchase price for the Put Shares
                         ----------------
(the  "Put Share Price") shall equal the lesser of (i) the Market Price for such
Put,  minus $0.10, or (ii) 90% of the Market Price for such Put, but shall in no
event  be less than the Company Designated Minimum Put Share Price for such Put,
if  applicable.

                    (d)  [Reserved]

                    (e) Delivery of Required Put Documents. On or before the Put
                        ----------------------------------
Date  for  such  Put,  the  Company shall deliver the Required Put Documents (as
defined  in Section 2.3.5 below) to the Investor (or to an agent of Investor, if
Investor  so  directs).  Unless  otherwise  specified  by  the Investor, the Put
Shares  of  Common  Stock  shall  be transmitted electronically pursuant to such
electronic  delivery  system  as  the Investor shall request; otherwise delivery
shall  be by physical certificates.  If the Company has not delivered all of the
Required Put Documents to the Investor on or before the Put Date, the  Put shall
be  automatically cancelled, unless the Investor agrees to delay the Put Date by
up  to  three  (3) Business Days, in which case the Pricing Period begins on the
Business  Day following such new Put Date.  If the Company has not delivered all
of  the Required Put Documents to the Investor on or before the Put Date (or new
Put  Date,  if  applicable), and the Investor has not agreed in writing to delay
the  Put  Date,  the  Put  is  automatically  canceled  (an  "Impermissible  Put
Cancellation") and, unless the Put was otherwise canceled in accordance with the
terms  of  Section  2.3.11,  the  Company  shall pay the Investor $5,000 for its
reasonable  due  diligence expenses incurred in preparation for the canceled Put
and  the  Company  may  deliver  an Advance Put Notice for the subsequent Put no
sooner  than  ten  (10) Business Days after the date that such Put was canceled,
unless  otherwise  agreed  by  the  Investor.

                    (f)  Limitation on Investor's Obligation to Purchase Shares.
                         ------------------------------------------------------
Notwithstanding  anything  to  the contrary in this Agreement, in no event shall
the  Investor  be required to purchase, and an Intended Put Share Amount may not
include,  an amount of Put Shares, which when added to the number of unexercised
Warrants  would exceed

                                        9
<PAGE>
9.99%  of  the  number of shares of Common Stock outstanding (on a fully diluted
basis,  to  the  extent that inclusion of unissued shares is mandated by Section
13(d)  of  the  Exchange  Act)  on  the  Put  Date  for  such Pricing Period, as
determined  in  accordance  with Section 13(d) of the Exchange Act (the "Section
13(d) Outstanding Share Amount"). Each Put Notice shall include a representation
of  the  Company as to the Section 13(d) Outstanding Share Amount on the related
Put  Date.  In  the  event  that  the  Section 13(d) Outstanding Share Amount is
different  on  any  date during a Pricing Period than on the Put Date associated
with  such Pricing Period, then the number of shares of Common Stock outstanding
on such date during such Pricing Period shall govern for purposes of determining
whether  the Investor, when aggregating all purchases of Shares made pursuant to
this  Agreement in the 31 calendar days preceding such date, would have acquired
more  than  9.99%  of the Section 13(d) Outstanding Share Amount. The limitation
set  forth  in  this  Section  2.3.1(f) is referred to as the "9.9% Limitation."

               2.3.2  Termination  of  Right  to  Put.   The  Company's right to
require  the  Investor  to  purchase  any  subsequent Put Shares shall terminate
permanently (each, an "Automatic Termination") upon the occurrence of any of the
following:

                    (a)  if,  at any time, either the Company or any director or
executive officer of the Company has engaged in a transaction or conduct related
to  the  Company  that  has resulted in (i) a Securities and Exchange Commission
enforcement action, or (ii) a civil judgment or criminal conviction for fraud or
misrepresentation,  or  for  any  other  offense that, if prosecuted criminally,
would  constitute  a  felony  under  applicable  law;

                    (b)  on  any  date after a continuous time period, including
both  Ineffective  Periods  and Delisting Events, that lasts for an aggregate of
four  (4)  months  or  a  cumulative  series  of  time  periods,  including both
Ineffective Periods and Delisting Events, that lasts for an aggregate of six (6)
months;

                    (c)  if  at  any  time  the  Company has filed for and/or is
subject to any bankruptcy, insolvency, reorganization or liquidation proceedings
or  other  proceedings  for  relief  under any bankruptcy law or any law for the
relief  of debtors instituted by or against the Company or any subsidiary of the
Company;

                    (d)  after  the sooner of (i) the date that is two (2) years
after the Effective Date, or (ii) the Put Closing Date on which the aggregate of
the  Put  Dollar  Amounts  for  all  Puts  equal  the  Maximum  Offering Amount;

                    (e)  after  the Company has breached any covenant in Section
2.6,  Section  6  (other  than  Section  6.8),  or  Section  9  hereof;  or

                    (f) if no Registration Statement has been declared effective
by the date that is one (1) year after the date of this Agreement, the Automatic
Termination  shall occur on the date that is one (1) year after the date of this
Agreement.

                                       10
<PAGE>
               2.3.3  Put  Limitations.  The  Company's  right to exercise a Put
shall  be  limited  as  follows:

                    (a)  notwithstanding  the  amount  of  any Put, the Investor
shall  not be obligated to purchase any additional Put Shares once the aggregate
Put  Dollar  Amount  paid  by  Investor  equals  the  Maximum  Offering  Amount;

                    (b)  the  Investor shall not be obligated to acquire and pay
for the Put Shares with respect to any Put for which the Company has announced a
subdivision  or  combination,  including a reverse split, of its Common Stock or
has  subdivided  or  combined  its  Common Stock during the Extended Put Period;

                    (c)  the  Investor shall not be obligated to acquire and pay
for  the  Put  Shares  with  respect to any Put for which the Company has paid a
dividend  of  its  Common Stock or has made any other distribution of its Common
Stock  during  the  Extended  Put  Period;

                    (d)  the  Investor shall not be obligated to acquire and pay
for  the  Put  Shares  with  respect  to any Put for which the Company has made,
during  the  Extended  Put  Period,  a distribution of all or any portion of its
assets  or  evidences  of  indebtedness  to  the  holders  of  its Common Stock;

                    (e)  The  Company  shall  not  enter into any transaction(s)
during  an  Extended Put period that would, under any circumstance, require that
the  prospectus  under  which  the  shares  are  put  to  the investor to become
ineffective  and  to  require  amendment  before  it  can  properly  be  used in
connection  with  the  sale  of  such  shares.

               2.3.4   Conditions  Precedent  to  the  Right  of  the Company to
Deliver an Advance Put Notice or a Put Notice and the Obligation of the Investor
to  Purchase  Put  Shares.  The  right  of the Company to deliver an Advance Put
Notice  or  a Put Notice and the obligation of the Investor hereunder to acquire
and pay for the Put Shares incident to a Closing is subject to the satisfaction,
on  (i)  the  date of delivery of such Advance Put Notice or Put Notice and (ii)
the  applicable  Put  Closing  Date,  of  each  of  the  following  conditions:

          (a)  the  Company's  Common  Stock  shall  be listed and available for
               trading  on  Principal  Market  and  the  Put  Shares shall be so
               listed,  and to the Company's knowledge there is no notice of any
               suspension or delisting with respect to the trading of the shares
               of Common Stock on such market or exchange, provided that nothing
               herein  shall  prevent  the Company from concurrently listing its
               Common  Stock  on  more  than  one  national  exchange.;

          (b)  the Company shall have satisfied any and all obligations pursuant
               to  the Registration Rights Agreement, including, but not limited
               to,

                                       11
<PAGE>
               the  filing  of  the  Registration  Statement  with  the SEC with
               respect  to  the  resale  of  all  Registrable Securities and the
               requirement  that  the  Registration  Statement  shall  have been
               declared  effective  by the SEC for the resale of all Registrable
               Securities  and  the Company shall have satisfied and shall be in
               compliance  with  any  and  all  obligations  pursuant  to  this
               Agreement  and  the  Warrants;

          (c)  the  representations  and  warranties of the Company are true and
               correct  in all material respects as if made on such date and the
               conditions  to  Investor's  obligations set forth in this Section
               2.3.4  are  satisfied  as  of such Closing, and the Company shall
               deliver  a  certificate,  signed by an officer of the Company, to
               such  effect  to  the  Investor;

          (d)  the  Company shall have reserved for issuance a sufficient number
               of  Common  Shares  for  the  purpose  of enabling the Company to
               satisfy any obligation to issue Common Shares pursuant to any Put
               and  to  effect  exercise  of  the  Warrants;

          (e)  the  Registration  Statement  is  not  subject  to an Ineffective
               Period  as  defined  in  the  Registration  Rights Agreement, the
               prospectus  included  therein  is current and deliverable, and to
               the  Company's  knowledge there is no notice of any investigation
               or  inquiry  concerning  any  stop  order  with  respect  to  the
               Registration  Statement;  and

          (f)  if the Aggregate Issued Shares after the Closing of the Put would
               exceed  the  Cap  Amount,  the  Company  shall  have obtained the
               Stockholder  20%  Approval  as  specified in Section 6.10, if the
               Company's  Common  Stock is listed on the Nasdaq Small Cap Market
               or National Market, and such approval is required by the rules of
               the  Nasdaq.

               2.3.5  Documents  Required  to  be  Delivered  on the Put Date as
Conditions  to  Closing  of  any  Put.  The  Closing  of  any Put and Investor's
obligations hereunder shall additionally be conditioned upon the delivery to the
Investor  of  each  of the following (the "Required Put Documents") on or before
the  applicable  Put  Date:

                    (a)  a  number  of  Unlegended Share Certificates (or freely
tradeable electronically delivered shares, as appropriate) equal to the Intended
Put  Share  Amount,  in  denominations  of  not  more  than  50,000  shares  per
certificate;

                    (b)  the  following  documents:  any  report  or  disclosure
required  under  Section  2.3.6  or  Section  2.5;

                                       12
<PAGE>
                    (c) a "Put Notice" confirming the same, dates and amounts as
the  Advance  Put  Notice,  in  the  form  of  Exhibit  H.

                    (d)  all  documents, instruments and other writings required
to  be  delivered  on  or  before the Put Date pursuant to any provision of this
Agreement in order to implement and effect the transactions contemplated herein.

               2.3.6  Accountant's  Letter  and  Registration  Opinion.

                    (a)  The  Company  shall  have caused to be delivered to the
Investor,  whenever  required  by  Section  2.3.6(b)  or  by  Section 2.5.3 (the
"Registration  Opinion  Deadline"),  an  opinion  of  the  Company's independent
counsel  in substantially the form of Exhibit J, the "Registration Opinion".  If
a  Registration Opinion cannot be delivered by the Company's independent counsel
to  the  Investor  when  requested  due to the existence of Material Facts or an
Ineffective  Period,  the  Company  shall  promptly  notify  the Investor and as
promptly  as  possible  amend  each  of  the  Registration  Statement  and  any
Supplemental  Registration Statements, as applicable, and any related prospectus
or  cause  such Ineffective Period to terminate, as the case may be, and deliver
such Registration Opinion and updated prospectus as soon as possible thereafter.
If  at  any  time  after  a Put Notice shall have been delivered to Investor but
before  the  related  Pricing Period End Date, the Company acquires knowledge of
such Material Facts or any Ineffective Period occurs, the Company shall promptly
notify  the Investor and shall deliver a Put Cancellation Notice to the Investor
pursuant to Section 2.3.11 by facsimile and overnight courier by the end of that
Business  Day.

                    (b)     (i)  the  Company  shall  engage  its  independent
auditors  to  perform  the  procedures  in  accordance  with  the  provisions of
Statement  on Auditing Standards No. 71, as amended, as agreed to by the parties
hereto,  and  reports  thereon  (the "Bring Down Cold Comfort Letters") as shall
have been reasonably requested by the Investor with respect to certain financial
information  contained  in  the  Registration  Statement

                           (ii)  in  the  event  that  the  Investor  shall have
requested  delivery  of  an  Agreed  Upon  Procedures Report pursuant to Section
2.5.3,  the  Company  shall  engage  its independent auditors to perform certain
agreed  upon  procedures  and  report  thereon  as  shall  have  been reasonably
requested  by  the Investor with respect to certain financial information of the
Company  and  the  Company  shall  deliver to the Investor a copy of such report
addressed  to  the  Investor.  In  the  event  that  the report required by this
Section  2.3.6(b) cannot be delivered by the Company's independent auditors, the
Company  shall, if necessary, promptly revise the Registration Statement and the
Company  shall  not  deliver  a  Put  Notice  until  such  report  is delivered.

               2.3.7  Investor's  Obligation  and  Right  to  Purchase  Shares.
Subject  to the conditions set forth in this Agreement, following the Investor's
receipt  of  a  validly  delivered Put Notice, the Investor shall be required to
purchase  (each  a  "Purchase") from the Company a number of Put Shares equal to
the  Put  Share  Amount,  in  the  manner  described  below.

                                       13
<PAGE>
               2.3.8  Mechanics  of  Put  Closing.  Each  of the Company and the
Investor  shall  deliver  all documents, instruments and writings required to be
delivered  by  either  of  them  pursuant  to this Agreement at or prior to each
Closing.  Subject  to  such  delivery and the satisfaction of the conditions set
forth  in  Sections 2.3.4 and 2.3.5, the closing of the purchase by the Investor
of Shares shall occur by 5:00 PM, New York City Time, on the date which is seven
(7)  Business  Days  following  the  applicable Pricing Period End Date (or such
other  time  or  later  date  as  is  mutually  agreed to by the Company and the
Investor)  (the  "Payment  Due  Date")  at the offices of Investor.   On each or
before  each Payment Due Date, the Investor shall deliver to the Company, in the
manner  specified in Section 8 below,  the Put Dollar Amount to be paid for such
Put  Shares,  determined  as  aforesaid.  The closing (each a "Put Closing") for
each  Put shall occur on the date that both (i) the Company has delivered to the
Investor  all  Required Put Documents,and (ii) the Investor has delivered to the
Company  such Put Dollar Amount and any Late Payment Amount, if applicable (each
a  "Put  Closing  Date").

               If  the  Investor  does not deliver to the Company the Put Dollar
Amount for such Put Closing on or before the Payment Due Date, then the Investor
shall  pay  to the Company, in addition to the Put Dollar Amount, an amount (the
"Late  Payment Amount") at a rate of X% per month, accruing daily, multiplied by
such  Put  Dollar  Amount, where "X" equals one percent (1%) per month following
the  date  in question, and increases by an additional one percent (1%) for each
month  that  passes  after  the  date in question, provided, however, that in no
event  shall  the amount of interest that shall become due and payable hereunder
exceed  the  maximum  amount  permissible  under  applicable  law.

               2.3.9     Limitation  on  Short  Sales.  The  Investor  and  its
Affiliates shall not engage in or cause others on its behalf to engage in  sales
of  the Company's Common Stock for which the Investor does not have the right or
duty to purchase shares from the Company to cover such sales; provided, however,
that  the  Investor  may  enter  into any short exempt sale or any short sale or
other  hedging  or  similar arrangement it deems appropriate with respect to Put
Shares  and  Warrants  after  it  receives a Put Notice so long as such sales or
arrangements  do not involve more than the number of such Put Shares or Warrants
that  the  Investor  has  a  right  or  duty  to  purchase  from  the  Company.

               2.3.10  Cap Amount.   If the Company becomes listed on the Nasdaq
Small  Cap  Market  or  the Nasdaq National Market, then, unless the Company has
obtained  Stockholder  20%  Approval  as  set  forth  in  Section 6.10 or unless
otherwise  permitted  by  Nasdaq,  in no event shall the Aggregate Issued Shares
exceed  the maximum number of shares of Common Stock (the "Cap Amount") that the
Company  can,  without  stockholder  approval,  so issue pursuant to Nasdaq Rule
4460(i)(1)(d)(ii)  (or  any other applicable Nasdaq Rules or any successor rule)
(the  "Nasdaq  20%  Rule").

                                       14
<PAGE>
               2.3.11  Put  Cancellation.

                    (a)     Mechanics of Put Cancellation. If at any time during
                            -----------------------------
a  Pricing  Period  the Company discovers the existence of Material Facts or any
Ineffective  Period  or Delisting Event occurs, the Company shall cancel the Put
(a  "Put  Cancellation"), by delivering written notice to the Investor (the "Put
Cancellation Notice"), attached asExhibit K, by facsimile and overnight courier.
                                  ---------
The  "Put  Cancellation Date" shall be the date that the Put Cancellation Notice
is first received by the Investor, if such notice is received by the Investor by
6:00 p.m., New York, NY time, and shall be the following date, if such notice is
received  by  the  Investor  after  6:00  p.m.,  New  York,  NY  time.

                    (b)     Effect  of  Put  Cancellation.  Anytime  a  Put
                            -----------------------------
Cancellation  Notice is delivered to Investor after the Put Date, the Put, shall
remain  effective  with  respect  to  a number of Put Shares (the "Truncated Put
Share Amount") equal to the lesser of the Individual Put Limit for the Truncated
Pricing Period, or the Intended Put share Amount divided by 20 and multiplied by
the  number  of  Evaluation  Days  in  the  Truncated  Pricing  Period.

                    (c)     Put  Cancellation Notice Confirmation.  Upon receipt
                            -------------------------------------
by the Investor of a facsimile copy of the Put Cancellation Notice, the Investor
shall  promptly  send,  via  facsimile,  a  confirmation  of  receipt  (the "Put
Cancellation  Notice Confirmation," a form of which is attached as Exhibit L) of
                                                                   ---------
the  Put Cancellation Notice to the Company specifying that the Put Cancellation
Notice  has  been  received  and  affirming  the  Put  Cancellation  Date.

                    (d)     TruncatedPricing  Period.      If a Put Cancellation
                            -------------------------
Notice has been delivered to the Investor after the Put Date, the Pricing Period
for  such  Put  shall  end  at on the close of trading on the day of the initial
delivery  of  the  Put Cancellation Notice (a "Truncated Pricing Period") to the
Investor.

               2.3.12  Investment  Agreement  Cancellation.   The  Company  may
terminate  (a  "Company  Termination")  its  right  to  initiate  future Puts by
providing  written  notice  ("Termination Notice") to the Investor, by facsimile
and  overnight  courier,  at  any time other than during an Extended Put Period,
provided that such termination shall have no effect on the parties' other rights
and  obligations  under this Agreement, the Registration Rights Agreement or the
Warrants.  Notwithstanding  the  above,  any  cancellation  occurring  during an
Extended  Put  Period  is  governed  by  Section  2.3.11.

               2.3.13     Return of Excess Common Shares.  In the event that the
number of Shares purchased by the Investor pursuant to its obligations hereunder
is  less  than the Intended Put Share Amount, the Investor shall promptly return
to  the Company any shares of Common Stock in the Investor's possession that are
not  being purchased by the Investor unless the Company elects to immediately or
contiguously  deliver  a  new  Advanced  Put  Notice.

                                       15
<PAGE>
          2.4  Warrants
               --------

               In partial consideration hereof, the Company issued and delivered
to  Investor  or its designated assignees, warrants (the "Warrants") in the form
attached  hereto as Exhibit M, or such other form as agreed upon by the parties,
                    ---------
to  purchase  750,000 shares of Common Stock.  The Warrants shall be exercisable
at  a price (the "Warrant Exercise Price") which shall initially equal $0.40 per
share,  and  shall  have  reset  provisions.  Each  Warrant shall be immediately
exercisable  at  the  Warrant Exercise Price, and shall have a term beginning on
the  date  of issuance and ending on the date that is five (5) years thereafter.
The  Warrant  Shares shall be registered for resale pursuant to the Registration
Rights  Agreement.  The Investment Commitment Opinion of Counsel shall cover the
issuance  of  the  Warrant and the issuance of the common stock upon exercise of
the  Warrant.

               Notwithstanding  any Termination or Automatic Termination of this
Agreement,  regardless of whether or not the Registration Statement is or is not
filed,  and  regardless of whether or not the Registration Statement is approved
or denied by the SEC, the Warrants are exercisable as to one-half of the Warrant
Shares  ten  business  days after the Company has received the Closing Documents
from  Holder,  i.e.,  the  end  of  the Due Diligence Period, as the same may be
extended,  as  referenced  in  the  Discretionary  Drawdown  Offering Term Sheet
Agreement  dated  on or about January 25, 2002, between Holder and Company. This
Warrant  is  exercisable  as  to  an additional one-eighth of the Warrant Shares
after  each  of  the  first  four  six-month  anniversary  dates  of the Date of
Issuance.

               If  the  Company  does  not  execute  the  Closing Documents, the
Warrants  shall  be exercisable for no more than one-half of the Warrant Shares,
and if the Company terminates the Discretionary Drawdown Offering transaction in
writing  before  the  end of the Due Diligence Period, the Warrants shall not be
exercisable  for  any shares of the Company and shall be returned to the Company
by  the  Holder.

          2.5     Due  Diligence  Review.   The Company shall make available for
                  ----------------------
inspection  and review by the Investor (the "Due Diligence Review"), advisors to
and  representatives  of the Investor (who may or may not be affiliated with the
Investor  and  who  are  reasonably  acceptable to the Company), any underwriter
participating  in  any  disposition  of  Common  Stock on behalf of the Investor
pursuant  to  the  Registration  Statement,  any  Supplemental  Registration
Statement,or  amendments  or  supplements thereto or any blue sky, NASD or other
filing,  all  financial  and  other records, all SEC Documents and other filings
with the SEC, and all other corporate documents and properties of the Company as
may  be  reasonably  necessary  for  the  purpose  of such review, and cause the
Company's  officers,  directors  and  employees  to  supply all such information
reasonably  requested  by  the  Investor  or any such representative, advisor or
underwriter  in  connection with such Registration Statement (including, without
limitation,  in response to all questions and other inquiries reasonably made or
submitted  by  any of them), prior to and from time to time after the filing and
effectiveness of the Registration Statement for the sole purpose of enabling the
Investor  and  such  representatives,  advisors  and  underwriters  and  their
respective  accountants  and  attorneys

                                       16
<PAGE>
to conduct initial and ongoing due diligence with respect to the Company and the
accuracy  of  the  Registration  Statement.

               2.5.1     Treatment  of Nonpublic Information.  The Company shall
not  disclose  nonpublic  information  to  the  Investor  or  to its advisors or
representatives  in  violation  of  Reg. FD.    Nothing herein shall require the
Company  to  disclose  nonpublic  information to the Investor or its advisors or
representatives,  and  the  Company  represents  that  it  does  not disseminate
nonpublic  information  to  any investors who purchase stock in the Company in a
public offering, to money managers or to securities analysts, provided, however,
that  notwithstanding  anything  herein  to  the  contrary, the Company will, as
hereinabove provided, immediately notify the advisors and representatives of the
Investor  and,  if  any,  underwriters,  of  any  event  or the existence of any
circumstance  (without  any  obligation  to  disclose  the  specific  event  or
circumstance)  of  which  it becomes aware, constituting information (whether or
not  requested of the Company specifically or generally during the course of due
diligence  by  and  such  persons  or  entities), which, if not disclosed in the
Prospectus  included  in the Registration Statement, would cause such Prospectus
to  include  a  material  misstatement or to omit a material fact required to be
stated  therein  in  order  to  make  the  statements  therein,  in light of the
circumstances  in  which  they  were  made,  not  misleading.

               2.5.2  Disclosure  of Misstatements and Omissions. The Investor's
advisors  or  representatives  shall  make complete disclosure to the Investor's
counsel  of  all  events  or  circumstances  constituting  nonpublic information
discovered  by  such  advisors  or  representatives  in  the course of their due
diligence  upon which such advisors or representatives form the opinion that the
Registration  Statement contains an untrue statement of a material fact or omits
a material fact required to be stated in the Registration Statement or necessary
to  make  the statements contained therein, in the light of the circumstances in
which  they  were  made,  not  misleading.  Upon receipt of such disclosure, the
Investor's counsel shall consult with the Company's independent counsel in order
to  address the concern raised as to the existence of a material misstatement or
omission  and  to discuss appropriate disclosure with respect thereto; provided,
however, that such consultation shall not constitute the advice of the Company's
independent  counsel  to  the  Investor  as  to the accuracy of the Registration
Statement  and  related  Prospectus.

               2.5.3  Procedure  if Material Facts are Reasonably Believed to be
Untrue or are Omitted.  In the event after such consultation the Investor or the
Investor's  counsel reasonably believes that the Registration Statement contains
an  untrue  statement or a material fact or omits a material fact required to be
stated  in  the  Registration  Statement  or  necessary  to  make the statements
contained  therein,  in  light of the circumstances in which they were made, not
misleading,

                         (a) the Company shall file with the SEC an amendment to
the  Registration  Statement  responsive  to  such  alleged  untrue statement or
omission  and  provide  the Investor, as promptly as practicable, with copies of
the  Registration  Statement  and  related  Prospectus,  as  so  amended,  or

                                       17
<PAGE>
                         (b)  if  the Company disputes the existence of any such
material  misstatement  or omission, (i) the Company's independent counsel shall
provide the Investor's counsel with a Registration Opinion and (ii) in the event
the  dispute  relates  to  the adequacy of financial disclosure and the Investor
shall  reasonably  request,  the Company's independent auditors shall provide to
the Company a letter ("Agreed Upon Procedures Report") outlining the performance
of  such  "agreed  upon  procedures"  as  shall  be  reasonably requested by the
Investor  and the Company shall provide the Investor with a copy of such letter.

          2.6  Commitment  Payments.
               --------------------

     On  the  last  Business Day of each six (6) Calendar Month period following
the  Effective  Date (each such period a "Commitment Evaluation Period"), if the
Company has not Put at least $300,000 in aggregate Put Dollar Amount during that
Commitment  Evaluation  Period,  the  Company,  in  consideration  of Investor's
commitment  costs,  including, but not limited to, due diligence expenses, shall
pay  to  the  Investor an amount (the "Semi-Annual Non-Usage Fee ") equal to the
difference  of (i) $30,000, minus (ii) 10% of the aggregate Put Dollar Amount of
the  Put  Shares  put  to  Investor  during  that  Commitment Evaluation Period;
provided,  however,  that  no  Semi-Annual  Non-Usage Fee shall be payable for a
Commitment  Evaluation  Period if the Company is precluded from exercising a Put
or  Puts  during  that period by reason of the Maximum Offering Amount, the 9.9%
Limitation,  or  the  Cap  Amount.  In  the  event  that  the Company delivers a
Termination  Notice  to  the  Investor or an Automatic Termination occurs (other
than  by reason of Section 2.3.2(d)), the Company shall pay to the Investor (the
"Termination  Fee")  the  greater  of  (i) the Semi-Annual Non-Usage Fee for the
applicable  Commitment Evaluation Period, or (ii) the difference of (x) $60,000,
minus  (y)  5%  of  the  aggregate  Put  Dollar  Amount of the Put Shares put to
Investor  during  all Puts to date, and the Company shall not be required to pay
the  Semi-Annual  Non-Usage  Fee  thereafter.

     Each  Semi  Annual  Non-Usage  Fee  or Termination Fee is payable, in cash,
within  five (5) business days of the date it accrued.  The Company shall not be
required  to  deliver  any  payments  to  Investor  under  this subsection until
Investor  has  paid  all  Put  Dollar  Amounts  that  are  then  due.

     3.     Representations,  Warranties  and  Covenants  of Investor.  Investor
hereby  represents  and  warrants  to  and  agrees  with the Company as follows:

          3.1  Accredited  Investor.  Investor  is  an  accredited  investor
               --------------------
("Accredited Investor"), as defined in Rule 501 of Regulation D, and has checked
the  applicable  box  set  forth  in  Section  10  of  this  Agreement.

          3.2  Investment  Experience;  Access  to  Information;  Independent
               --------------------------------------------------------------
Investigation.
-------------

               3.2.1  Access  to  Information.  Investor  or  Investor's
professional  advisor  has  been granted the opportunity to ask questions of and
receive  answers  from

                                       18
<PAGE>
representatives  of  the  Company, its officers, directors, employees and agents
concerning  the  terms  and  conditions  of  this  Offering, the Company and its
business  and prospects, and to obtain any additional information which Investor
or  Investor's  professional  advisor deems necessary to verify the accuracy and
completeness  of  the  information  received.

               3.2.2  Reliance  on Own Advisors.  Investor has relied completely
on  the  advice  of,  or  has  consulted  with,  Investor's  own  personal  tax,
investment,  legal or other advisors and has not relied on the Company or any of
its affiliates, officers, directors, attorneys, accountants or any affiliates of
any  thereof  and  each other person, if any, who controls any of the foregoing,
within  the  meaning of Section 15 of the Act for any tax or legal advice (other
than  reliance  on information in the Disclosure Documents as defined in Section
3.2.4  below  and  on the Opinion of Counsel).  The foregoing, however, does not
limit  or  modify  Investor's  right to rely upon covenants, representations and
warranties  of  the  Company  in  this  Agreement.

               3.2.3  Capability  to  Evaluate.  Investor has such knowledge and
experience  in  financial  and business matters so as to enable such Investor to
utilize  the information made available to it in connection with the Offering in
order  to evaluate the merits and risks of the prospective investment, which are
substantial,  including  without  limitation  those  set forth in the Disclosure
Documents  (as  defined  in  Section  3.2.4  below).

               3.2.4  Disclosure  Documents.  Investor,  in  making  Investor's
investment  decision  to  subscribe  for  the  Investment  Agreement  hereunder,
represents  that  (a) Investor has received and had an opportunity to review (i)
the  Company's  Annual Report on Form 10-KSB for the most recent three years, if
applicable, (ii) the Company's quarterly report on Form 10-QSB for the last four
quarters,  if  any,  (iii) the Risk Factors, provided by the Company, (the "Risk
Factors")  (iv)  the  Company's  subsidiaries  and  Affiliates (the "Schedule of
Subsidiaries  and  Affiliates.")  and  any  related  transactions  (v)  the
Capitalization  Schedule of the Company's currently issued and outstanding stock
and/or  warrants, , (the "Capitalization Schedule") and (vi) the Use of Proceeds
Schedule  as  anticipated  by the Company, (the "Use of Proceeds Schedule"); (b)
Investor has read, reviewed, and relied solely on the documents described in (a)
above,  the  Company's  representations  and warranties and other information in
this  Agreement, including the exhibits, documents prepared by the Company which
have  been  specifically  provided  to Investor in connection with this Offering
(the  documents  described  in  this  Section 3.2.4 (a) and (b) are collectively
referred  to  as  the  "Disclosure Documents"), and an independent investigation
made by Investor and Investor's representatives, if any; (c) Investor has, prior
to  the  date  of  this  Agreement, been given an opportunity to review material
contracts  and documents of the Company which have been filed as exhibits to the
Company's filings under the Act and the "Exchange Act and has had an opportunity
to  ask  questions  of  and  receive  answers  from  the  Company's officers and
directors;  and  (d) is not relying on any oral representation of the Company or
any  other  person, nor any written representation or assurance from the Company
other than those contained in the Disclosure Documents or incorporated herein or
therein.  The  foregoing,  however, does not limit or modify Investor's right to
rely upon covenants, representations and

                                       19
<PAGE>
warranties  of  the  Company  in  Sections  5  and 6 of this Agreement. Investor
acknowledges  and  agrees  that  the Company has no responsibility for, does not
ratify, and is under no responsibility whatsoever to comment upon or correct any
reports, analyses or other comments made about the Company by any third parties,
including,  but  not  limited  to,  analysts'  research  reports  or  comments
(collectively,  "Third  Party  Reports"),  and  Investor has not relied upon any
Third  Party  Reports  in  making  the  decision  to  invest.

               3.2.5  Investment  Experience;  Fend  for  Self.  Investor  has
substantial experience in investing in securities and it has made investments in
securities other than those of the Company.  Investor acknowledges that Investor
is  able  to  fend  for  Investor's self in the transaction contemplated by this
Agreement, that Investor has the ability to bear the economic risk of Investor's
investment  pursuant  to  this  Agreement  and  that  Investor  is an Accredited
Investor  by  virtue  of the fact that Investor meets the investor qualification
standards  set  forth in Section 3.1 above.  Investor has not been organized for
the  purpose of investing in securities of the Company, although such investment
is  consistent  with  Investor's  purposes.

          3.3  Exempt  Offering  Under  Regulation  D.
               ---------------------------------------

               3.3.1  No General Solicitation.  The Investment Agreement was not
offered  to  Investor through, and Investor is not aware of, any form of general
solicitation  or  general  advertising,  including,  without limitation, (i) any
advertisement,  article,  notice  or  other  communication  published  in  any
newspaper,  magazine or similar media or broadcast over television or radio, and
(ii)  any  seminar  or  meeting whose attendees have been invited by any general
solicitation  or  general  advertising.

               3.3.2  Restricted  Securities.  Investor  understands  that  the
Investment  Agreement  is  and the Common Stock issued under this Agreement will
be,  characterized  as "restricted securities" under the federal securities laws
inasmuch  as  they  are  being acquired from the Company in a transaction exempt
from the registration requirements of the federal securities laws and that under
such  laws  and applicable regulations such securities may not be transferred or
resold without registration under the Act or pursuant to an exemption therefrom.
In  this connection, Investor represents that Investor is familiar with Rule 144
under  the  Act,  as presently in effect, and understands the resale limitations
imposed  thereby  and  by  the  Act.

               3.3.3  Disposition.  Investor  further  agrees  not  to  sell,
transfer,  assign,  or  pledge  the  Securities (except for any bona fide pledge
arrangement  to  the extent that such pledge does not require registration under
the  Act or unless an exemption from such registration is available and provided
further  that if such pledge is realized upon, any transfer to the pledgee shall
comply  with  the requirements set forth herein), or to otherwise dispose of all
or  any  portion  of  the  Securities  unless  and  until:

                    (a)     There  is  then  in  effect a registration statement
under  the  Act  and any applicable state securities laws covering such proposed
disposition  and

                                       20
<PAGE>
such  disposition  is made in accordance with such registration statement and in
compliance  with  applicable  prospectus  delivery  requirements;  or

                    (b)     (i)  Investor shall have notified the Company of the
proposed  disposition  and  shall have furnished the Company with a statement of
the  circumstances  surrounding  the proposed disposition to the extent relevant
for  determination  of  the  availability of an exemption from registration, and
(ii)  if  reasonably requested by the Company, Investor shall have furnished the
Company with an opinion of counsel, reasonably satisfactory to the Company, that
such  disposition  will not require registration of the Securities under the Act
or  state  securities  laws.  It is agreed that the Company will not require the
Investor  to  provide opinions of counsel for transactions made pursuant to Rule
144  provided  that  Investor  and  Investor's broker, if necessary, provide the
Company  with  the necessary representations for counsel to the Company to issue
an  opinion  with  respect  to  such  transaction.

               The  Investor is entering into this Agreement for its own account
and  the Investor has no present arrangement (whether or not legally binding) at
any  time to sell the Common Stock to or through any person or entity; provided,
however,  that by making the representations herein, the Investor does not agree
to hold the Common Stock for any minimum or other specific term and reserves the
right  to dispose of the Common Stock at any time in accordance with federal and
state  securities  laws  applicable  to  such  disposition.

          3.4  Due  Authorization.
               ------------------

               3.4.1  Authority.  The  person  executing  this  Investment
Agreement,  if  executing  this  Agreement  in  a  representative  or  fiduciary
capacity, has full power and authority to execute and deliver this Agreement and
each  other  document  included herein for which a signature is required in such
capacity  and  on  behalf  of  the  subscribing  individual, partnership, trust,
estate, corporation or other entity for whom or which Investor is executing this
Agreement.  Investor  has  reached  the  age  of  majority  (if  an  individual)
according  to  the  laws  of  the  state  in  which  he  or  she  resides.

               3.4.2  Due Authorization. Investor is duly and validly organized,
validly  existing  and in good standing as a limited liability company under the
laws  of  Texas  with  full power and authority to purchase the Securities to be
purchased  by  Investor  and  to  execute  and  deliver  this  Agreement.

     4.     Acknowledgments     Investor  is  aware  that:

          4.1  Risks  of  Investment.  An  investment  in  the  Company involves
               ---------------------
substantial  risks, including the potential loss of Investor's entire investment
herein.  Investor  recognizes  that the Disclosure Documents, this Agreement and
the  exhibits  hereto do not purport to contain all the information, which would
be  contained  in  a  registration  statement  under  the  Act;

                                       21
<PAGE>
          4.2  No  Government  Approval.  No  federal or state agency has passed
               ------------------------
upon  the  Securities, recommended or endorsed the Offering, or made any finding
or  determination  as  to  the  fairness  of  this  transaction;

          4.3  No  Registration,  Restrictions  on  Transfer.  As of the date of
               ---------------------------------------------
this  Agreement,  the  Securities  and  any  component  thereof  have  not  been
registered  under  the  Act or any applicable state securities laws by reason of
exemptions  from the registration requirements of the Act and such laws, and may
not  be sold, pledged (except for any limited pledge in connection with a margin
account of Investor to the extent that such pledge does not require registration
under  the  Act  or  unless an exemption from such registration is available and
provided  further  that  if  such  pledge  is realized upon, any transfer to the
pledgee  shall  comply  with  the  requirements  set  forth herein), assigned or
otherwise  disposed  of  in  the  absence  of  an  effective registration of the
Securities  and  any component thereof under the Act or unless an exemption from
such  registration  is  available;

          4.4  Restrictions  on  Transfer.  Investor  may  not  attempt to sell,
               --------------------------
transfer,  assign,  pledge  or  otherwise  dispose  of all or any portion of the
Securities  or  any  component  thereof  in  the  absence of either an effective
registration statement or an exemption from the registration requirements of the
Act  and  applicable  state  securities  laws;

          4.5  No  Assurances  of  Registration.  There can be no assurance that
               --------------------------------
any registration statement will become effective at the scheduled time, or ever,
or  remain  effective  when  required,  and Investor acknowledges that it may be
required  to  bear  the economic risk of Investor's investment for an indefinite
period  of  time;

          4.6  Exempt Transaction.  Investor understands that the Securities are
               ------------------
being  offered and sold in reliance on specific exemptions from the registration
requirements  of federal and state law and that the representations, warranties,
agreements, acknowledgments and understandings set forth herein are being relied
upon  by the Company in determining the applicability of such exemptions and the
suitability  of  Investor  to  acquire  such  Securities.

          4.7  Legends.  The  certificates  representing  the  Put  Shares  and
               -------
Warrant  Shares shall not bear a Restrictive Legend if they are issued at a time
when  there  is  an  effective  Registration  Statement is for the resale of the
shares.  It  is understood that the certificates evidencing any shares issued at
a  time  when the Registration Statement is not effective for resale, subject to
legend  removal  under  the terms of Section 6.7 below, shall bear the following
legend  (the  "Legend"):

     "The  securities  represented  hereby  have  not  been registered under the
     Securities  Act  of  1933, as amended, or applicable state securities laws,
     nor  the securities laws of any other jurisdiction. They may not be sold or
     transferred  in  the  absence  of an effective registration statement under
     those  securities  laws  or  pursuant  to  an  exemption  therefrom."

                                       22
<PAGE>
     5.     Representations  and  Warranties of the Company.  The Company hereby
makes  the  following representations and warranties to Investor (which shall be
true  at  the  signing  of  this  Agreement,  and  as  of any such later date as
contemplated  hereunder) and represents to Investor that, except as set forth in
the  "Schedule  of  Exceptions"  attached  hereto  as  Exhibit  E:
                                                       ----------

          5.1  Organization, Good Standing, and Qualification.  The Company is a
               ----------------------------------------------
corporation duly organized, validly existing and in good standing under the laws
of  the State of Texas , USA and has all requisite corporate power and authority
to  carry on its business as now conducted and as proposed to be conducted.  The
Company  is  duly qualified to transact business and is in good standing in each
jurisdiction  in  which  the failure to so qualify would have a material adverse
effect  on  the business or properties of the Company and its subsidiaries taken
as  a  whole.  The  Company is not the subject of any pending, threatened or, to
its  knowledge, contemplated investigation or administrative or legal proceeding
(a  "Proceeding") by the Internal Revenue Service, the taxing authorities of any
state  or  local  jurisdiction,  or  the Securities and Exchange Commission, The
National  Association of Securities Dealer, Inc., The Nasdaq Stock Market, Inc.,
any  securities  exchange  or  any  state  securities  commission,  or any other
governmental  entity, which have not been disclosed in the Disclosure Documents.
None  of  the disclosed Proceedings, if any, will have a material adverse effect
upon  the  Company  or  the  market  for  the  Common  Stock.  Subsidiaries  and
Affiliates  as  shown  in  the  Disclosure  Document:

          5.2  Corporate Condition.  The Company's condition is, in all material
               -------------------
respects,  as described in the Disclosure Documents (as further set forth in any
subsequently  filed  Disclosure Documents, if applicable), except for changes in
the ordinary course of business and normal year-end adjustments that are not, in
the aggregate, materially adverse to the Company.  Except for continuing losses,
there have been no material adverse changes to the Company's business, financial
condition,  or  prospects  since  the  dates  of such Disclosure Documents.  The
financial  statements  as  contained in the 10-KSB and 10-QSB, if any, have been
prepared  in  accordance  with  generally  accepted  accounting  principles,
consistently  applied  (except  as  otherwise permitted by Regulation S-X of the
Exchange  Act),  subject, in the case of unaudited interim financial statements,
to  customary  year  end  adjustments  and the absence of certain footnotes, and
fairly  present  the  financial  condition of the Company as of the dates of the
balance  sheets  included therein and the consolidated results of its operations
and  cash  flows  for  the periods then ended,.  Without limiting the foregoing,
there  are no material liabilities, contingent or actual, that are not disclosed
in  the  Disclosure Documents (other than liabilities incurred by the Company in
the  ordinary  course  of its business, consistent with its past practice, after
the  period  covered  by  the  Disclosure  Documents).  The Company has paid all
material  taxes  that  are  due,  except  for taxes that it reasonably disputes.
There is no material claim, litigation, or administrative proceeding pending or,
to  the  best of the Company's knowledge, threatened against the Company, except
as  disclosed  in  the  Disclosure Documents.  This Agreement and the Disclosure
Documents do not contain any untrue statement of a material fact and do not

                                       23
<PAGE>
omit  to  state  any  material  fact  required  to  be  stated therein or herein
necessary  to  make the statements contained therein or herein not misleading in
the  light  of  the  circumstances  under  which  they  were  made.  No event or
circumstance  exists  relating  to  the  Company,  which  under  applicable law,
requires  public  disclosure  but  which  has  not been so publicly announced or
disclosed.

          5.3  Authorization.  All  corporate  action on the part of the Company
               -------------
by  its  officers,  directors  and stockholders necessary for the authorization,
execution  and delivery of this Agreement, the performance of all obligations of
the Company hereunder and the authorization, issuance and delivery of the Common
Stock  being  sold  hereunder  and  the  issuance  (and/or  the  reservation for
issuance)  of  the  Warrants  and  the  Warrant Shares have been taken, and this
Agreement  and  the  Registration  Rights Agreement constitute valid and legally
binding  obligations of the Company, enforceable in accordance with their terms,
except  insofar  as  the enforceability may be limited by applicable bankruptcy,
insolvency,  reorganization,  or  other similar laws affecting creditors' rights
generally  or  by  principles  governing the availability of equitable remedies.
The  Company has obtained all consents and approvals required for it to execute,
deliver  and  perform  each  agreement  referenced  in  the  previous  sentence.

          5.4  Valid  Issuance  of  Common  Stock.  The  Common  Stock  and  the
               -----------------------------------
Warrants,  when  issued, sold and delivered in accordance with the terms hereof,
for  the  consideration expressed herein, will be validly issued, fully paid and
nonassessable  and,  based  in part upon the representations of Investor in this
Agreement,  will  be  issued  in compliance with all applicable U.S. federal and
state  securities  laws.  The Warrant Shares, when issued in accordance with the
terms  of  the Warrants, shall be duly and validly issued and outstanding, fully
paid  and nonassessable, and based in part on the representations and warranties
of  Investor,  will be issued in compliance with all applicable U.S. federal and
state securities laws.  The Put Shares, the Warrants and the Warrant Shares will
be  issued  free  of  any  preemptive  rights.

          5.5  Compliance  with  Other  Instruments.  The  Company  is  not  in
               ------------------------------------
violation  or  default  of any provisions of its Certificate of Incorporation or
Bylaws, each as amended and in effect on and as of the date of the Agreement, or
of  any  material  provision  of any material instrument or material contract to
which  it  is a party or by which it is bound or of any provision of any federal
or state judgment, writ, decree, order, statute, rule or governmental regulation
applicable  to  the  Company,  which would have a material adverse effect on the
Company's  business or prospects, or on the performance of its obligations under
this  Agreement  or  the Registration Rights Agreement.  The execution, delivery
and  performance  of  this  Agreement  and  the other agreements entered into in
conjunction  with  the  Offering  and  the  consummation  of  the  transactions
contemplated  hereby and thereby will not (a) result in any such violation or be
in  conflict  with or constitute, with or without the passage of time and giving
of  notice, either a default under any such provision, instrument or contract or
an  event  which results in the creation of any lien, charge or encumbrance upon
any  assets  of  the  Company, which would have a material adverse effect on the
Company's  business or prospects, or on the performance of its obligations under
this  Agreement,  the  Registration  Rights Agreement,

                                       24
<PAGE>
(b) violate the Company's Certificate of Incorporation or By-Laws or (c) violate
any  statute,  rule  or  governmental regulation applicable to the Company which
violation  would  have  a  material  adverse effect on the Company's business or
prospects.

          5.6  Reporting Company.  The Company shall be subject to the reporting
               -----------------
requirements of the Exchange Act and the Company shall file all reports required
by  the  Exchange  Act  after the date the Company first becomes subject to such
reporting obligations. The Company undertakes to furnish Investor with copies of
such reports as may be reasonably requested by Investor prior to consummation of
this  Offering and thereafter, to make such reports available, for the full term
of this Agreement, including any extensions thereof, and for as long as Investor
holds  the  Securities.  The  Common Stock is, or will be prior to the first Put
Date,  duly  listed  and actually trading on a Principal Market.  The Company is
not in violation of the listing requirements of such exchange or market and does
not  reasonably  anticipate  that  the  Common  Stock  will  be delisted by that
exchange or market in the foreseeable future.  The Company has filed all reports
required  under the Exchange Act.  The Company has not furnished to the Investor
any  material  nonpublic  information  concerning  the  Company.

          5.7  Capitalization.  The capitalization of the Company as of the date
               --------------
of  execution  of  this Agreement, after taking into account the offering of the
Securities  contemplated  by  this  Agreement  and  all  other  share  issuances
occurring  prior  to  this Offering, will be, as set forth in the Capitalization
Schedule  as  set  forth  in  Exhibit C.  There are no securities or instruments
                              ---------
containing  anti-dilution  or  similar  provisions that will be triggered by the
issuance of the Securities.  Except as disclosed in the Capitalization Schedule,
as  of  the  date  of  this  Agreement,  (i)  there  are no outstanding options,
warrants,  scrip, rights to subscribe for, calls or commitments of any character
whatsoever  relating to, or securities or rights convertible into or exercisable
or  exchangeable  for,  any shares of capital stock of the Company or any of its
subsidiaries, or arrangements by which the Company or any of its subsidiaries is
or  may  become bound to issue additional shares of capital stock of the Company
or  any  of  its  subsidiaries, and (ii) there are no agreements or arrangements
under  which the Company or any of its subsidiaries is obligated to register the
sale  of  any  of its or their securities under the Act (except the Registration
Rights  Agreement).

          5.8  No  Rights  of Participation. No person or entity, including, but
               ----------------------------
not  limited  to,  current  or former stockholders of the Company, underwriters,
brokers,  agents  or  other  third  parties,  has  any  right  of first refusal,
preemptive right, right of participation, or any similar right to participate in
the  financing  contemplated  by  this  Agreement  which  has  not  been waived.

          5.9  Company  Acknowledgment.  THE  COMPANY  HEREBY  ACKNOWLEDGES THAT
               -----------------------
INVESTOR  MAY  ELECT  TO  HOLD  THE  SECURITIES  FOR VARIOUS PERIODS OF TIME, AS
PERMITTED  BY  THE  TERMS  OF THIS AGREEMENT, THE WARRANTS, AND OTHER AGREEMENTS
CONTEMPLATED HEREBY, AND THE COMPANY FURTHER ACKNOWLEDGES THAT INVESTOR HAS MADE
NO  REPRESENTATIONS  OR  WARRANTIES,  EITHER WRITTEN OR

                                       25
<PAGE>
ORAL,  AS  TO  HOW  LONG  THE  SECURITIES  WILL BE HELD BY INVESTOR OR REGARDING
INVESTOR'S  TRADING  HISTORY  OR  INVESTMENT  STRATEGIES.

          5.10     No  Advance  Regulatory  Approval.  The  Company acknowledges
                   ---------------------------------
that  this  Investment  Agreement,  the  transaction contemplated hereby and the
Registration Statement contemplated hereby have not been approved by the SEC, or
any  other  regulatory  body  and  there  is  no  guarantee that this Investment
Agreement,  the  transaction  contemplated hereby and the Registration Statement
contemplated  hereby  will  ever  be approved by the SEC or any other regulatory
body.  The  Company  is  relying  on  its own analysis and is not relying on any
representation  by  Investor  that  either  this  Investment  Agreement,  the
transaction  contemplated  hereby  or  the  Registration  Statement contemplated
hereby  has  been or will be approved by the SEC or other appropriate regulatory
body.

          5.11  Underwriter's  Fees and Rights of First Refusal.  The Company is
                -----------------------------------------------
not  obligated  to  pay  any  compensation  or  other  fees,  costs  or  related
expenditures  in  cash  or securities to any underwriter, broker, agent or other
representative  other  than  the  Investor  in  connection  with  this Offering.

          5.12  Availability  of Suitable Form for Registration.  The Company is
                -----------------------------------------------
currently eligible and agrees to maintain its eligibility to register the resale
of  its  Common  Stock  on a registration statement on a suitable form under the
Act.

          5.13  No  Integrated  Offering.  Neither  the  Company, nor any of its
                ------------------------
affiliates,  nor  any  person  acting  on  its  or their behalf, has directly or
indirectly  made  any  offers  or  sales  of  any of the Company's securities or
solicited  any offers to buy any security under circumstances that would prevent
the  parties  hereto  from  consummating  the  transactions  contemplated hereby
pursuant  to  an  exemption  from  registration under Regulation D of the Act or
would  require  the  issuance of any other securities to be integrated with this
Offering  under the Rules of Nasdaq.  The Company has not engaged in any form of
general  solicitation  or  advertising  in  connection  with the offering of the
Common  Stock  or  the  Warrants.

          5.14   Foreign Corrupt Practices.  Neither the Company, nor any of its
                 -------------------------
subsidiaries,  nor any director, officer, agent, employee or other person acting
on  behalf  of  the  Company or any subsidiary has, in the course of its actions
for,  or  on  behalf  of, the Company, used any corporate funds for any unlawful
contribution,  gift,  entertainment  or  other  unlawful  expenses  relating  to
political  activity; made any direct or indirect unlawful payment to any foreign
or domestic government official or employee from corporate funds; violated or is
in  violation  of  any  provision  of the U.S.  Foreign Corrupt Practices Act of
1977, as amended; or made any bribe, rebate, payoff, influence payment, kickback
or  other  unlawful  payment  to  any foreign or domestic government official or
employee.

                                       26
<PAGE>
          5.15  Representations  Survival.  The  foregoing  representations,
                -------------------------
warranties  and agreements shall survive any Put Closing and the issuance of the
shares  of  Common  Stock  thereby.

          5.16  Tax Status.  The Company has made or filed all federal and state
                ----------
income  and  all  other  tax  returns,  reports and declarations required by any
jurisdiction  to  which  it  is  subject (unless and only to the extent that the
Company  has  set  aside  on  its  books  provisions reasonably adequate for the
payment  of  all  unpaid  and unreported taxes) and has paid all taxes and other
governmental  assessments  and  charges  that  are  material in amount, shown or
determined  to  be  due  on such returns, reports and declarations, except those
being contested in good faith and as set aside on its books provision reasonably
adequate  for  the payment of all taxes for periods subsequent to the periods to
which such returns, reports or declarations apply.  There are no unpaid taxes in
any  material  amount  claimed  to  be  due  by  the  taxing  authority  of  any
jurisdiction,  and  the  officers  of  the Company know of no basis for any such
claim.

          5.17     Transactions  With  Affiliates.  Except  as  set forth in the
                   ------------------------------
Disclosure  Documents,  none  of  the  officers,  directors, or employees of the
Company is presently a party to any transaction with the Company (other than for
services  as  employees,  officers  and  directors),  including  any  contract,
agreement  or  other  arrangement providing for the furnishing of services to or
by,  providing  for rental of real or personal property to or from, or otherwise
requiring  payments to or from any officer, director or such employee or, to the
knowledge of the Company, any corporation, partnership, trust or other entity in
which  any officer, director, or any such employee has a substantial interest or
is  an  officer,  director,  trustee  or  partner.

          5.18     Application  of  Takeover  Protections.  The  Company and its
                   --------------------------------------
board  of  directors have taken all necessary action, if any, in order to render
inapplicable  any  control  share  acquisition,  business  combination  or other
similar  anti-takeover  provision  under  Texas  law  which  is  or could become
applicable  to the Investor as a result of the transactions contemplated by this
Agreement,  including, without limitation, the issuance of the Common Stock, any
exercise of the Warrants and ownership of the Common  Shares and Warrant Shares.
The  Company has not adopted and will not adopt any "poison pill" provision that
will  be applicable to Investor as a result of transactions contemplated by this
Agreement.

          5.19     Other  Agreements.  The  Company  has  not,  directly  or
                   -----------------
indirectly,  made  any  agreements with the Investor under a subscription in the
form  of  this Agreement for the purchase of Common Stock, relating to the terms
or  conditions  of  the  transactions  contemplated  hereby or thereby except as
expressly  set  forth  herein,  respectively,  or in exhibits hereto or thereto.

          5.20     Major  Transactions.  There  are  no other major transactions
                   --------------------
currently  pending  or  contemplated  by  the  Company.

                                       27
<PAGE>
          5.21     Financings.  There  are no other financings currently pending
                   -----------
or  contemplated  by  the  Company.

          5.22     Shareholder  Authorization.  The  Company  shall, at its next
                   --------------------------
annual  shareholder meeting following its listing on either the Nasdaq Small Cap
Market or the Nasdaq National Market, or at a special meeting to be held as soon
as  practicable  thereafter,  use  its  best  efforts  to obtain approval of its
shareholders  to  (i)  authorize  the  issuance  of the full number of shares of
Common  Stock  which  would  be  issuable under this Agreement and eliminate any
prohibitions  under  applicable  law  or  the  rules or regulations of any stock
exchange,  interdealer  quotation  system  or other self-regulatory organization
with  jurisdiction over the Company or any of its securities with respect to the
Company's  ability  to  issue shares of Common Stock in excess of the Cap Amount
(such approvals being the "20% Approval") and (ii) the increase in the number of
authorized  shares  of  Common  Stock  of  the Company (the "Share Authorization
Increase  Approval")  such  that  at least 10,000,000 shares can be reserved for
this  Offering.  In connection with such shareholder vote, the Company shall use
its  best efforts to cause all officers and directors of the Company to promptly
enter  into  irrevocable  agreements  to  vote  all  of their shares in favor of
eliminating  such  prohibitions.   As soon as practicable after the 20% Approval
and  the  Share  Authorization Increase Approval,  the Company agrees to use its
best  efforts  to  reserve  10,000,000 shares of Common Stock for issuance under
this  Agreement.

          5.23  Acknowledgment  of  Limitations  on  Put  Amounts.   THE COMPANY
                -------------------------------------------------
UNDERSTANDS  AND  ACKNOWLEDGES  THAT THE AMOUNTS AVAILABLE UNDER THIS INVESTMENT
AGREEMENT  ARE  LIMITED,  AMONG  OTHER  THINGS,  BASED UPON THE LIQUIDITY OF THE
COMPANY'S  COMMON  STOCK  TRADED  ON  ITS  PRINCIPAL  MARKET.

     6.     Covenants  of  the  Company

          6.1  Independent  Auditors.  The  Company  shall,  until  at least the
               ---------------------
Termination  Date,  maintain  as  its  independent  auditors  an accounting firm
authorized  to  practice  before  the  SEC.

          6.2  Corporate Existence and Taxes.  The Company shall, until at least
               -----------------------------
the  Termination  Date,  maintain  its corporate existence in good standing and,
once  it becomes a "Reporting Issuer" (defined as a Company which files periodic
reports  under  the Exchange Act), remain a Reporting Issuer (provided, however,
that the foregoing covenant shall not prevent the Company from entering into any
merger  or  corporate  reorganization  as  long  as the surviving entity in such
transaction,  if not the Company, assumes the Company's obligations with respect
to  the Common Stock and has Common Stock listed for trading on a stock exchange
or  on  Nasdaq  and  is a Reporting Issuer) and shall pay all its taxes when due
except  for  taxes  which  the  Company  disputes.

                                       28
<PAGE>
          6.3  Registration  Rights.  The Company will enter into a registration
               --------------------
rights agreement covering the resale of the Common Shares and the Warrant Shares
substantially  in  the  form  of  the  Registration Rights Agreement attached as
Exhibit  A.
----------

          6.4    Rights  of  First  Offer.
                 ------------------------

               6.4.1  Capital  Raising  Limitations.  During the period from the
date  of  this Agreement until the Termination Date, the Company shall not issue
or  sell,  or  agree  to issue or sell Equity Securities (as defined below), for
cash in private capital raising transactions without obtaining the prior written
consent  of  the  Investor  of the Offering (the limitations referred to in this
subsection  6.4.1  are  collectively  referred  to  as  the  "Capital  Raising
Limitations"),  which  consent  shall not be unreasonably withheld. For purposes
hereof,  the  following shall be collectively referred to herein as, the "Equity
Securities":  (i)  Common Stock or any other equity securities, (ii) any debt or
equity  securities  which are convertible into, exercisable or exchangeable for,
or  carry the right to receive additional shares of Common Stock or other equity
securities,  or  (iii)  any securities of the Company pursuant to an equity line
structure  or  format  similar  in  nature to this Offering. Notwithstanding the
above,  the  Company  may issue or sell Equity Securities without the Investor's
written  approval  (subject  to  the  Right  of  First  Offer  described
below)("Unauthorized  Equity  Securities"),  upon  ten (10) days advance written
notice  to  Investor,  provided  that:

     A.  If  such Unauthorized Equity Securities entitle the holder thereof to a
     reset in price based upon the market price of the Company's Common Stock at
     some  date  (each, a "Reset Date") after issuance, then the Company may not
     initiate  any  Put for which any day of the Pricing Period would fall on or
     within  ten  (10) Business Days either before or after any such Reset Date;
     and

     B.  If  such  Unauthorized Equity Securities are convertible into shares of
     Common  Stock  based upon the market price of the Company's Common Stock at
     some  date  (each, a "Conversion Date") after issuance, then there shall be
     no  Company  Designated Minimum Put Share Price with respect to any Put for
     which  the Put Date occurs on any date that such convertible securities are
     immediately  convertible into a number of shares of Common Stock that would
     exceed  the  sum  of  the  aggregate  daily reported Trading Volumes in the
     outstanding  Common  Stock on the Company's Principal Market, excluding any
     block  trades  of  20,000 or more shares of Common Stock, for the seven (7)
     Business  Days  immediately  preceding  such  Put  Date.

               6.4.2     Investor's  Right  of  First  Offer. Prior  to  closing
any  private  capital  raising  transactions of Equity Securities after the date
hereof  and  on  or prior to the date that is after the Termination Date of this
Agreement, not including any warrants issued in conjunction with this Investment
Agreement,  the  Company  agrees,  prior  to  negotiating  with  or  reaching an
agreement  with  any  other  potential  investor  regarding such capital raising
transactions, to negotiate in good faith with the Investor for at least

                                       29
<PAGE>
ten  (10)  Business  Days regarding an additional private equity investment into
the  Company  upon  mutually  agreeable  terms.

               6.4.3  Exceptions  to Rights of First Offer.  Notwithstanding the
above,  the  Rights  of First Offer shall not apply to any transaction involving
issuances  of securities in connection with a merger, consolidation, acquisition
or  sale  of  assets,  or  in connection with any strategic partnership or joint
venture  (the  primary  purpose  of which is not to raise equity capital), or in
connection with the disposition or acquisition of a business, product or license
by the Company or exercise of options by employees, consultants or directors, or
a  primary  underwritten  offering  of  the  Company's Common Stock. The Capital
Raising  Limitations also shall not apply to (a) the issuance of securities upon
exercise  or  conversion of the Company's options, warrants or other convertible
securities  outstanding  as  of  the  date  hereof,  (b) the grant of additional
options or warrants, or the issuance of additional securities, under any Company
stock  option  or  restricted  stock  plan  for  the  benefit  of  the Company's
employees,  directors or consultants or in connection with any equipment leasing
or loan agreement, or debt financing from a bank or similar financial or lending
institution,  or  (c)  the  issuance of debt securities, with no equity feature,
incurred  solely for working capital purposes.  If the Investor, at any time, is
more  than five (5) business days late in paying any Put Dollar Amounts that are
then  due,  the Investor shall not be entitled to the benefits of Sections 6.4.1
and 6.4.2 above until the date that the Investor has paid all Put Dollar Amounts
that  are  then  due.

          6.5  Financial  10-KSB  Statements,  Etc.  and Current Reports on Form
               -----------------------------------------------------------------
8-K.  The  Company shall deliver to the Investor copies of its annual reports on
Form  10-KSB,  and  quarterly  reports  on  Form 10-QSB and shall deliver to the
Investor  current reports on Form 8-K within two (2) days of filing for the Term
of  this  Agreement.

          6.6  Opinion  of  Counsel.  Investor  shall,  concurrent  with  the
               --------------------
Investment  Commitment  Closing,  receive  an  opinion letter from the Company's
legal counsel, in the form attached as Exhibit B, or in such form as agreed upon
                                       ---------
by  the  parties.

          6.7     Removal  of  Legend.  If  the  certificates  representing  any
                  -------------------
Securities  are issued with a restrictive Legend in accordance with the terms of
this  Agreement,  the  Legend  shall  be  removed  and the Company shall issue a
certificate  without  such Legend to the holder of any Security upon which it is
stamped, and a certificate for a security shall be originally issued without the
Legend,  if  (a)  the  sale of such Security is registered under the Act, or (b)
such  holder provides the Company with an opinion of counsel, in form, substance
and  scope  customary  for  opinions  of counsel in comparable transactions (the
reasonable  cost  of which shall be borne by the Investor), to the effect that a
public  sale or transfer of such Security may be made without registration under
the Act, or (c) such holder provides the Company with reasonable assurances that
such  Security  can  be sold pursuant to Rule 144.  Each Investor agrees to sell
all  Securities,  including those represented by a certificate(s) from which the
Legend  has  been  removed,  or which were originally issued without the Legend,
pursuant  to  an effective registration statement and to deliver a prospectus in
connection  with  such  sale  or  in  compliance  with  an  exemption  from  the
registration  requirements  of  the  Act.

                                       30
<PAGE>
          6.8  Listing.  Subject  to  the  remainder  of  this  Section 6.8, the
               -------
Company  shall  ensure  that  its  shares of Common Stock (including all Warrant
Shares  and  Put  Shares)  are  listed  and available for trading on a Principal
Market.  Thereafter,  the Company shall comply in all material respects with the
Company's  reporting, filing and other obligations under the By-Laws or rules of
the  Nasdaq  Stock  Market  and  such  exchanges,  as  applicable.

          6.9     The  Company's  Instructions  to  Transfer Agent.  The Company
                  ------------------------------------------------
will instruct the Transfer Agent of the Common Stock, by delivering instructions
in  the  form of Exhibit I hereto, to issue certificates, registered in the name
                 ---------
of  each  Investor or its nominee, for the Put Shares and Warrant Shares in such
amounts  as  specified from time to time by the Company upon any exercise by the
Company  of  a  Put and/or exercise of the Warrants by the holder thereof.  Such
certificates  shall not bear a Legend unless issuance with a Legend is permitted
by  the  terms of this Agreement  and the Company shall cause the Transfer Agent
to  issue  such  certificates  without  a Legend.  Nothing in this Section shall
affect  in  any  way  Investor's obligations and agreement set forth in Sections
3.3.2  or  3.3.3  hereof  to  resell  the  Securities  pursuant  to an effective
registration  statement and to deliver a prospectus in connection with such sale
or  in  compliance  with  an  exemption  from  the  registration requirements of
applicable  securities  laws.  If  (a)  an Investor provides the Company with an
opinion  of  counsel,  which  opinion of counsel shall be in form, substance and
scope  customary  for  opinions  of  counsel  in comparable transactions, to the
effect  that the Securities to be sold or transferred may be sold or transferred
pursuant  to  an  exemption  from  registration  or  (b)  an  Investor transfers
Securities,  pursuant  to  Rule  144,  to  a  transferee  which is an accredited
investor,  the Company shall permit the transfer, and, in the case of Put Shares
and  Warrant  Shares,  promptly instruct its transfer agent to issue one or more
certificates  in  such  name  and  in  such  denomination  as  specified by such
Investor.  The  Company  acknowledges  that  a  breach  by it of its obligations
hereunder will cause irreparable harm to an Investor 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
Section  6.9  will  be  inadequate  and  agrees,  in  the  event  of a breach or
threatened  breach by the Company of the provisions of this Section 6.9, that an
Investor  shall  be entitled, in addition to all other available remedies, to an
injunction restraining any breach and requiring immediate issuance and transfer,
without  the  necessity  of  showing economic loss and without any bond or other
security  being  required.

          6.10  Stockholder  20% Approval.  Prior to the closing of any Put that
                --------------------------
would cause the Aggregate Issued Shares to exceed the Cap Amount, if required by
the rules of Nasdaq Stock Market because the Company's Common Stock is listed on
Nasdaq  Stock  Market,  the Company shall obtain approval of its stockholders to
authorize  (i)  the  issuance of the full number of shares of Common Stock which
would  be  issuable  pursuant  to  this  Agreement  but  for  the Cap Amount and
eliminate  any  prohibitions under applicable law or the rules or regulations of
any  stock  exchange,  interdealer  quotation  system  or  other self-regulatory
organization  with  jurisdiction  over the Company or any of its securities with
respect  to  the  Company's ability to issue shares of Common Stock in excess of
the  Cap  Amount  (such  approvals  being  the  "Stockholder  20%  Approval").

                                       31
<PAGE>
          6.11  Press  Release.  The Company agrees that the Investor shall have
                ---------------
the  right  to  review  and  approve  upon any press release to be issued by the
Company in connection with the Offering which approval shall not be unreasonably
withheld  by  Investor.

          6.12  Change  in  Law  or Policy.  In the event of a change in law, or
                --------------------------
policy  of  the  SEC,  as  evidenced  by  a  No-Action  letter  or other written
statements  of  the  SEC  or  the NASD which causes the Investor to be unable to
perform  its  obligations  hereunder  or  to sell the shares obtained under this
Agreement  without restriction, this Agreement shall be automatically terminated
and  no  Termination  Fee  shall  be  due,  provided  that  notwithstanding  any
termination under this section 6.12, the Investor shall retain full ownership of
the  Warrant  as  partial  consideration  for its commitment and its consulting,
legal  and  other  services  rendered  hereunder.

     7.   Investor  Covenant/Miscellaneous.

          7.1  Representations and Warranties Survive the Closing; Severability.
               ----------------------------------------------------------------
Investor's  and  the  Company's representations and warranties shall survive the
Investment  Date  and  any  Put  Closing  contemplated  by  this  Agreement
notwithstanding  any  due  diligence  investigation  made by or on behalf of the
party  seeking  to  rely  thereon.  In  the  event  that  any  provision of this
Agreement  becomes  or  is  declared  by a court of competent jurisdiction to be
illegal,  unenforceable  or  void,  or  is  altered  by  a  term required by the
Securities  Exchange  Commission  to  be included in the Registration Statement,
this  Agreement  shall continue in full force and effect without said provision;
provided  that  if the removal of such provision materially changes the economic
benefit  of this Agreement to the Investor, this Agreement shall terminate under
the  provisions  of  Section  6.12.

          7.2  Successors  and  Assigns.  This Agreement shall not be assignable
               ------------------------
and the Investor shall not have the right under any circumstance to transfer its
obligations  under  this  Agreement  to  any  other  party.

          7.3  Execution  in  Counterparts  Permitted.  This  Agreement  may  be
               --------------------------------------
executed  in  any  number  of  counterparts,  each of which shall be enforceable
against  the  parties  actually  executing  such  counterparts, and all of which
together  shall  constitute  one  (1)  instrument.

          7.4  Titles  and  Subtitles; Gender.  The titles and subtitles used in
               ------------------------------
this  Agreement  are  used  for convenience only and are not to be considered in
construing  or  interpreting  this  Agreement.  The  use  in this Agreement of a
masculine, feminine or neither pronoun shall be deemed to include a reference to
the  others.

          7.5  Written  Notices, Etc.  Any notice, demand or request required or
               ---------------------
permitted  to  be given by the Company or Investor pursuant to the terms of this
Agreement  shall  be  in  writing  and  shall  be  deemed  given  when delivered
personally,  or

                                       32
<PAGE>
by  facsimile  or upon receipt if by overnight or two (2) day courier, addressed
to  the parties at the addressesand/or facsimile telephone number of the parties
set  forth  at  the  end  of this Agreement or such other address as a party may
request  by notifying the other in writing; provided, however, that in order for
any notice to be effective as to the Investor such notice shall be delivered and
sent,  as  specified herein, to all the addressesand facsimile telephone numbers
of  the  Investor  set  forth at the end of this Agreement or such other address
and/or  facsimile  telephone  number  as  Investor  may  request  in  writing.

          7.6  Expenses.  Except  as  set  forth  in  the  Registration  Rights
               --------
Agreement,  each  of  the  Company and Investor shall pay all costs and expenses
that  it  respectively  incurs,  with  respect  to  the  negotiation, execution,
delivery  and  performance  of  this  Agreement.

          7.7  Entire  Agreement;  Written Amendments Required.  This Agreement,
               -----------------------------------------------
including  the  Exhibits  attached  hereto,  the  Common Stock certificates, the
Warrants,  the  Registration Rights Agreement, and the other documents delivered
pursuant  hereto  constitute  the  full  and  entire understanding and agreement
between the parties with regard to the subjects hereof and thereof, and no party
shall  be  liable  or  bound to any other party in any manner by any warranties,
representations  or  covenants,  whether  oral,  written, or otherwise except as
specifically  set forth herein or therein.  Except as expressly provided herein,
neither this Agreement nor any term hereof may be amended, waived, discharged or
terminated  other  than by a written instrument signed by the party against whom
enforcement  of  any such amendment, waiver, discharge or termination is sought.

          7.8     Actions at Law or Equity; Jurisdiction and Venue.  The parties
                  ------------------------------------------------
acknowledge  that  any and all actions, whether at law or at equity, and whether
or  not  said  actions are based upon this Agreement between the parties hereto,
shall  be  filed  in any state or federal court sitting in Houston, Texas. Texas
law  shall  govern  both  the  proceeding  as  well  as  the  interpretation and
construction  of  the  Transaction Documents and the transaction as a whole.  In
any litigation between the parties hereto, the prevailing party, as found by the
court,  shall be entitled to an award of all attorney's fees and costs of court.
Should  the  court  refuse to find a prevailing party, each party shall bear its
own  legal  fees  and  costs.

     8.   Subscription  and  Wiring  Instructions;  Irrevocability.

          8.1  Subscription
               ------------

          (a)  Wire  transfer  of  Subscription  Funds. Investor may deliver Put
               Dollar  Amounts  (as payment towards any Put Share Price) by wire
               transfer, to the Company pursuant to a wire instruction letter to
               be  provided  by  the  Company,  and  signed  by  the  Company.

                                       33
<PAGE>
          (b)  Irrevocable  Subscription.  Investor  hereby  acknowledges  and
               agrees,  subject  to  the  provisions  of  any  applicable  laws
               providing  for  the  refund  of subscription amounts submitted by
               Investor, that this Agreement is irrevocable and that Investor is
               not entitled to cancel, terminate or revoke this Agreement or any
               other agreements executed by such Investor and delivered pursuant
               hereto,  and  that this Agreement and such other agreements shall
               survive  the  death  or  disability of such Investor and shall be
               binding  upon  and  inure to the benefit of the parties and their
               heirs,  executors,  administrators,  successors,  legal
               representatives and assigns. If the Securities subscribed for are
               to  be owned by more than one person, the obligations of all such
               owners  under  this Agreement shall be joint and several, and the
               agreements,  representations,  warranties  and  acknowledgments
               herein  contained  shall  be  deemed to be made by and be binding
               upon  each  such person and his heirs, executors, administrators,
               successors,  legal  representatives  and  assigns.

          8.2     Acceptance  of  Subscription.  Ownership  of  the  number  of
                  ----------------------------
securities  purchased  hereby  will pass to Investor upon the Warrant Closing or
any  Put  Closing.

     9.   Indemnification.

     In consideration of the Investor's execution and delivery of the Investment
Agreement,  the Registration Rights Agreement and the Warrants (the "Transaction
Documents")  and  acquiring  the Securities thereunder and in addition to all of
the  Company's  other  obligations  under the Transaction Documents, the Company
shall  defend,  protect,  indemnify  and  hold  harmless Investor and all of its
stockholders,  officers,  directors,  employees and direct or indirect investors
and  any  of  the  foregoing  person's  agents,  members,  partners  or  other
representatives  (including,  without  limitation,  those retained in connection
with  the  transactions  contemplated  by  this  Agreement)  (collectively,  the
"Indemnitees")  from  and  against any and all actions, causes of action, suits,
claims, losses, costs, penalties, fees, liabilities and damages, and expenses in
connection  therewith (irrespective of whether any such Indemnitee is a party to
the  action  for  which  indemnification  hereunder  is  sought),  and including
reasonable  attorney's  fees  and disbursements (the "Indemnified Liabilities"),
incurred by any Indemnitee as a result of, or arising out of, or relating to (a)
any  misrepresentation  or  breach of any representation or warranty made by the
Company  in  the  Transaction  Documents or any other certificate, instrument or
documents,  (b)  any  breach  of  any  covenant,  agreement or obligation of the
Company  contained  in  the  Transaction  Documents  or  any  other certificate,
instrument  or  document,  (c) any cause of action, suit or claim, derivative or
otherwise, by any stockholder of the Company based on a breach or alleged breach
by  the  Company or any of its officers or directors of their fiduciary or other
obligations  to  the  stockholders  of  the Company, or (d) claims made by third
parties  against any of the Indemnitees based on a violation of Section 5 of the
Securities  Act caused by the

                                       34
<PAGE>
integration  of  the private sale of common stock to the Investor and the public
offering  pursuant  to  the  Registration  Statement.

     To  the  extent  that  the  foregoing  undertaking  by  the Company  may be
unenforceable for any reason, the Company (or the Investor, as applicable) shall
make  the  maximum  contribution  to the payment and satisfaction of each of the
Indemnified  Liabilities  which  it  would be required to make if such foregoing
undertaking  was  enforceable  which  is  permissible  under  applicable  law.

     Promptly  after  receipt  by  an  Indemnified  Party  of  notice  of  the
commencement of any action pursuant to which indemnification may be sought, such
Indemnified  Party will, if a claim in respect thereof is to be made against the
other  party  (hereinafter  "Indemnitor")  under  this Section 9, deliver to the
Indemnitor a written notice of the commencement thereof and the Indemnitor shall
have  the right to participate in and to assume the defense thereof with counsel
reasonably  selected  by  the Indemnitor, provided, however, that an Indemnified
Party  shall  have  the  right  to  retain  its own counsel, with the reasonably
incurred  fees  and  expenses  of  such counsel to be paid by the Indemnitor, if
representation  of  such  Indemnified  Party  by  the  counsel  retained  by the
Indemnitor  would  be  inappropriate  due  to  actual  or potential conflicts of
interest  between such Indemnified Party and any other party represented by such
counsel  in  such  proceeding.  The  failure  to  deliver  written notice to the
Indemnitor  within  a reasonable time of the commencement of any such action, if
prejudicial to the Indemnitor's ability to defend such action, shall relieve the
Indemnitor  of  any liability to the Indemnified Party under this Section 9, but
the  omission to so deliver written notice to the Indemnitor will not relieve it
of any liability that it may have to any Indemnified Party other than under this
Section  9  to  the  extent  it  is  prejudicial.

     10.     Accredited  Investor.   Investor  is an Accredited Investor because
(check  all  applicable  boxes):

     (a)  [ ]  it  is  an  organization  described  in  Section 501(c)(3) of the
               Internal  Revenue  Code,  or  a  corporation,  limited  duration
               company,  limited  liability  company,  business  trust,  or
               partnership  not formed for the specific purpose of acquiring the
               securities  offered,  with  total assets in excess of $5,000,000.

     (b)  [ ]  any  trust, with total assets in excess of $5,000,000, not formed
               for  the  specific  purpose  of acquiring the securities offered,
               whose purchase is directed by a sophisticated person who has such
               knowledge  and  experience in financial and business matters that
               he  is  capable  of  evaluating  the  merits  and  risks  of  the
               prospective  investment.

     (c)  [ ]  a  natural  person,  who

          [ ]  is  a  director,  executive  officer or general partner of the
               issuer  of  the  securities  being offered or sold or a director,
               executive officer or general partner of a general partner of that
               issuer.

          [ ]  has  an  individual  net  worth,  or joint net worth with that
               person's  spouse,  at  the  time  of  his  purchase  exceeding
               $1,000,000.

                                       35
<PAGE>
          [ ]  had  an individual income in excess of $200,000 in each of the
               two  most  recent years or joint income with that person's spouse
               in excess of $300,000 in each of those years and has a reasonable
               expectation  of  reaching  the  same  income level in the current
               year.

     (d)  [X]  an  entity each equity owner of which is an entity described in a
               - b above or is an individual who could check one (1) of the last
               three  (3)  boxes  under  subparagraph  (c)  above.

     The  undersigned  hereby  subscribes  the  Maximum  Offering  Amount  and
acknowledges  that  this Agreement and the subscription represented hereby shall
not  be  effective  unless  accepted  by  the  Company  as  indicated  below.

     IN  WITNESS  WHEREOF,  the  undersigned Investor does represent and certify
under  penalty of perjury that the foregoing statements are true and correct and
that  Investor  by  the  following  signature(s)  executed  this  Agreement.

Dated this 25th day of July, 2002

Texas Commercial Resources, Inc.

By:    /s/                              .
   --------------------------------------
       B. Britt Brooks, Vice President

Address:    7500 San Felipe, Suite 475
            Houston, Texas 77002

Investor:

Goldbridge  Capital,  LLC.
1240  Blalock  Rd.,  Ste.  150
Houston,  Texas  77055
Facsimile:  (713)  266-3701

By:    /s/                              .
   --------------------------------------
Name:  James W. Carroll, President

                                       36
<PAGE>
                                    EXHIBIT A

                          REGISTRATION RIGHTS AGREEMENT

                                       37
<PAGE>
                                    EXHIBIT B

                               OPINION OF COUNSEL

                                       38
<PAGE>
                                    EXHIBIT C

                             CAPITALIZATION SCHEDULE

                                       39
<PAGE>
                                    EXHIBIT D

DISCLOSURE  DOCUMENTS

D.1     ANNUAL  REPORTS
D.2     QUARTERLY  REPORTS
D.3     RISK  FACTORS
D.4     SUBSIDIARIES  AND  AFFILIATES
D.5     CAPITALIZATION  SCHEDULE
D.6     USE  OF  PROCEEDS  SCHEDULE

                                       40
<PAGE>
                                    EXHIBIT E

                             SCHEDULE OF EXCEPTIONS

                                       41
<PAGE>
                                    EXHIBIT F

                               ADVANCE PUT NOTICE

Texas Commercial Resources, Inc., (the "Company") hereby intends, subject to the
Individual  Put  Limit  (as  defined  in  the Investment Agreement), to elect to
exercise  a  Put  to  sell  the  number of shares of Common Stock of the Company
specified  below,  to  Goldbridge Capital, LLC, the Investor, as of the Intended
Put  Date  written below, all pursuant to that certain Investment Agreement (the
"Investment  Agreement")  by and between the Company and Goldbridge Capital, LLC
dated  July  25,  2002.

                                     Date of Advance Put Notice:
                                                                ----------------

                                     Intended Put Date :
                                                        ------------------------

                                     Intended Put Share Amount:
                                                               -----------------

                                     Company Designation Minimum Put Share Price
                                     (Optional):

                                     -------------------------------------------

                                           Texas Commercial Resources, Inc.,

                                           By:
                                                (Name)  ,  (Title)

                                           Address:
                                           Company  Contact

                                           -------------------------------------

                                           -------------------------------------
                                           Telephone
                                                     ---------------------------
                                           Facsimile
                                                     ---------------------------

                                       42
<PAGE>
                                    EXHIBIT G

                       CONFIRMATION OF ADVANCE PUT NOTICE

Goldbridge  Capital,  LLC,  the  Investor,  hereby  confirms  receipt  of  Texas
Commercial  Resources,  Inc.,  (the "Company") Advance Put Notice on the Advance
Put  Date  written  below,  and its intention to elect to exercise a Put to sell
shares  of  common  stock  ("Intended  Put  Share Amount") of the Company to the
Investor,  as  of  the  intended  Put  Date  written below, all pursuant to that
certain  Investment  Agreement  (the  "Investment Agreement") by and between the
Company  and  Investor  dated  July  25,  2002.

                                     Date of Confirmation:
                                                          ----------------------

                                     Date of Advance Put Notice:
                                                                ----------------

                                     Intended Put Date:
                                                       -------------------------

                                     Intended Put Share Amount:
                                                               -----------------

                                     Company Designation Minimum Put Share Price
                                     (Optional):

                                     -------------------------------------------

                                           INVESTOR(S)

                                           Goldbridge  Capital,  LLC
                                           Investor's  Name

                                           By:
                                               ---------------------------------
                                                  (Signature)

                                     Address:
                                             -----------------------------------

                                             -----------------------------------

                                             -----------------------------------

                                     Telephone No.:
                                                   -----------------------------

                                     Facsimile No.:
                                                   -----------------------------

                                       43
<PAGE>
                                    EXHIBIT H

                                   PUT NOTICE

Texas  Commercial  Resources,  Inc., (the "Company") hereby elects to exercise a
Put to sell shares of common stock ("Common Stock") of the Company to Goldbridge
Capital,  LLC,  the Investor, as of the Put Date, at the Put Share Price and for
the  number of Put Shares written below, all pursuant to that certain Investment
Agreement  (the  "Investment  Agreement")  by  and  between  the Company and the
Investor  dated  July  25,  2002.

                    Put  Date :
                                ---------------------

                    Intended Put Share Amount (from Advance Put
                    Notice):                                 Common Shares
                            --------------------------------

                    Company Designation Minimum Put Share Price
                    (Optional):

                    ---------------------------------------------------.

Note:  Capitalized  terms  shall  have  the  meanings  ascribed  to them in this
Investment  Agreement.

                              Texas Commercial Resources, Inc.,

                              By:
                                   (Name),  (Title)

                              Address:

                                       44
<PAGE>
                                   EXHIBIT I

                           TRANSFER AGENT INSTRUCTIONS

                                       45
<PAGE>
                                    EXHIBIT J

                              REGISTRATION OPINION

                                       46
<PAGE>
                                    EXHIBIT K

                             PUT CANCELLATION NOTICE

Texas  Commercial  Resources,  Inc.,  (the  "Company")  hereby  cancels  the Put
specified  below, pursuant to that certain Investment Agreement (the "Investment
Agreement")  by  and  between the Company and Goldbridge Capital, LLC dated July
25,  2002,  as  of  the  close  of  trading  on  the  date  specified below (the
"Cancellation Date," which date must be on or after the date that this notice is
delivered  to  the Investor), provided that such cancellation shall not apply to
the  number  of  shares of Common Stock  equal to the Truncated Put Share Amount
(as  defined  in  the  Investment  Agreement).

                         Cancellation  Date:
                                             ------------------------------

                         Put  Date  of  Put  Being  Canceled:
                                                             --------------

                         Number  of  Shares  Put  on  Put  Date:
                                                                ------------

                         Reason  for  Cancellation  (check  one):

                                           [  ]  Material Facts, Ineffective
                                           Registration Period.

                                           [  ]  Delisting  Event

The  Company  understands  that, by canceling this Put, it must give twenty (20)
Business  Days  advance written notice to the Investor before effecting the next
Put.

                                          Texas Commercial Resources, Inc.

                                          By:
                                              (Name),  (Title)

                                       47
<PAGE>
                                    EXHIBIT L

                      PUT CANCELLATION NOTICE CONFIRMATION

The  undersigned  Investor to that certain Investment Agreement (the "Investment
Agreement")  by and between the Texas Commercial Resources, Inc., and Goldbridge
Capital,  LLC  dated  July 25, 2002, hereby confirms receipt of Texas Commercial
Resources,  Inc.,  (the  "Company")  Put  Cancellation  Notice, and confirms the
following:

                         DATE  OF  THIS  CONFIRMATION:
                                                      ----------------------

                         PUT  CANCELLATION  DATE :
                                                   -------------------------

                              INVESTOR(S)

                              Goldbridge  Capital,  LLC
                              Investor's  Name

                              By:
                                   -----------------------------------
                                        (Signature)
                    Address:
                              ----------------------------------------

                              ----------------------------------------

                              ----------------------------------------

                    Telephone No.:
                                   ------------------------------------

                    Facsimile No.:
                                   ------------------------------------

                                       48
<PAGE>
                                    EXHIBIT M

                                    WARRANTS

                                       49
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00041-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00041-of-00352.parquet"}]]