Document:

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                                                                    EXHIBIT 10.4

                            3PEA TECHNOLOGIES, INC.
                  (A Nevada corporation licensed in California)
                           361 Van Ness Way, Suite 303
                           Torrance, California 90501

For value received, consisting of check number 1544 drawn on the bank of Bank of
America from the account of Van Wynbergen Survivor's Trust in the amount of
$12,500 on June 14, 2004, 3PEA Technologies, Inc. hereby promises to pay to
Lionel Van Wynbergen on order at 5315 Silver Mist Court, Las Vegas, NV 89155 the
principal sum of Twelve Thousand Five Hundred Dollars ($12,500.00) plus interest
calculated at 6% annually of Three Hundred Seventy Five Dollars ($12,375.00) on
or before December 14, 2004. In the event this loan is delinquent beyond
December 14, 2004. interest thereafter will accrue at an annual rate 12% of
principal calculated daily.

Further as an incentive for making this loan, the lender shall receive 2,500
shares of the currently authorized 1,000,000 shares of the company stock. Such
stock certificate shall be delivered to the lender as soon as is practicable
after signing of this agreement.

3PEA TECHNOLOGIES, INC.

BY:      SIGNED                         BY:       SIGNED
     -------------------------------         -----------------------------

NAME:    MARK R. NEWCOMER               NAME:    LIONEL VAN WYNBERGEN
     -----------------------------           -----------------------------

TITLE:    CEO                           TITLE:    INDIVIDUAL
     -----------------------------           -----------------------------

DATE:     JUNE 14, 2004                  DATE: JUNE 14, 2004
     -----------------------------           -----------------------------<PAGE>

                                                                    EXHIBIT 10.5

                             3PEA TECHNOLOGIES, INC.
                  (A Nevada corporation licensed in California)
                           361 Van Ness Way, Suite 303
                           Torrance, California 90501

For value received, consisting of check number 82224 drawn on the bank of Bank
of America from the account of Van Wynbergen Survivor's Trust in the amount of
$2,000 on August 7, 2004, 3PEA Technologies, Inc. hereby promises to pay to
Lionel Van Wynbergen on order at 5315 Silver Mist Court, Suite 101 Las Vegas, NV
89155 the principal sum of Two Thousand Dollars ($2,000.00) plus interest
calculated at 6% annually of Thirty Dollars ($2,030.00) on or before November 8,
2004. In the event this loan is delinquent beyond November 8, 2004. Interest
thereafter will accrue at an annual rate 6% of principal calculated daily.

3PEA TECHNOLOGIES, INC.

BY:               SIGNED               BY:      SIGNED
     -----------------------------         -------------------------------

NAME: MARK R. NEWCOMER                 NAME: LIONEL VAN WYNBERGEN
     -----------------------------           -----------------------------

TITLE: CEO                             TITLE: INDIVIDUAL
     -----------------------------           -----------------------------
DATE: AUGUST 07, 2004                  DATE: AUGUST 07, 2004
     -----------------------------           -----------------------------

AS GUARANTOR

BY:
   -------------------------------

NAME: MIKE R. DUVALL & COMPANY, CPA
     -----------------------------

TITLE: CFO
     -----------------------------

DATE: AUGUST 07, 2004
     -----------------------------<PAGE>

                                                                    EXHIBIT 10.6

                             SUBSCRIPTION AGREEMENT
                             3PEA TECHNOLOGIES, INC.
                                  COMMON STOCK

Enclosed herewith are the documents necessary to subscribe for shares of common
stock of 3Pea Technologies, Inc., a Nevada corporation ("3Pea"). The 3Pea Shares
are being offered to Ms. Cynthia Korte ("Korte"), an Accredited Investor as
defined in Rule 501(a) of Regulation D, under the Securities Act of 1933, as
amended (Rules of Securities and Exchange Commission "SEC"). Set forth herein
are instructions for the execution of the enclosed documents. The 3Pea Shares
are referred to herein as "Shares". 3Pea is referred to herein as the "Company".

         Korte is executing the Subscription Agreement to subscribe for the
purchase of One Hundred Seventy One Thousand One Hundred Ten (171,110) shares of
common capital stock of 3Pea for a Five Hundred Thousand and/no 100
($500,000.00) Dollar loan to Company upon the terms and conditions as set forth
in that certain Promissory Note and Personal Guaranty of even date herewith
between the Company and Korte.

                                TABLE OF CONTENTS
                                -----------------

How To Subscribe:

         A.  Instructions

Subscription Agreement (2 copies)

         Appendix A - Consideration to be Delivered

         Appendix B - Accredited Investor Certificate

                                HOW TO SUBSCRIBE
                                ----------------

         A. INSTRUCTIONS - SUBSCRIPTION AGREEMENT: Two copies of the form
Subscription Agreement and Appendixes A, B and C attached to the Subscription
Agreement should be completed, executed and delivered to the Company at the
address set forth below. Upon Acceptance, the Company will execute both copies
of the Subscription Agreement and return one to you for your records.

         The Company shall have the right to accept or reject the subscription,
in whole or in part.

         An acknowledgment of the acceptance of your subscription for Shares
subscribed will be returned to you promptly after acceptance.

         PAYMENT: Payment of the amount provided in Appendix A shall be wired to
the Company immediately upon acceptance by Company and return to you of one
fully signed original of this Subscription Agreement.

                  THE SHARES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF 1933 OR THE SECURITIES LAWS OF ANY STATE. THERE ARE FURTHER RESTRICTIONS ON
THE TRANSFERABILITY OF THE SHARES DESCRIBED HEREIN.

         THE PURCHASE OF SHARES INVOLVE A HIGH DEGREE OF RISK AND SHOULD BE
CONSIDERED ONLY BY PERSONS WHO CAN BEAR THE RISK OF THE LOSS OF THEIR ENTIRE
INVESTMENT.

         THE COMPANY IS A DEVELOPMENT STAGE COMPANY AS THAT TERM IS DEFINED IN
THE AUDITED FINANCIAL STATEMENTS FOR THREE YEARS ENDED DECEMBER 31, 2003, AND AS
SUCH PURCHASE OF SHARES INVOLVES A HIGH DEGREE OF RISK.

<PAGE>

         SALE OF THE SHARES CONTEMPLATED BY THIS SUBSCRIPTION AGREEMENT ARE
LIMITED TO SALE TO AN ACCREDITED INVESTOR ONLY.

                             SUBSCRIPTION AGREEMENT
                             ----------------------

         Korte understands that the Company is offering for sale to Korte Shares
in the Company. Korte further understands that the offering is being made
without registration of the Shares under the Securities Act of 1933, as amended
(the "Securities Act"), and is being made only to "Accredited Investors" (as
defined in Rule 501 of Regulation D under the Securities Act).

         1. SUBSCRIPTION. Subject to the terms and conditions hereof the Korte
hereby subscribes for Shares in Company with a combined value of Five Hundred
Thousand Dollars $500,000.00 which is payable as described in Section 4 hereof.
The Korte acknowledges that the Shares if issued by the Company, will be subject
to restrictions on transfer pursuant Section 6(d) below, and as may hereafter be
agreed to among and between the shareholders of the Company should the
shareholders enter into a Buy-Sell Agreement and/or Stock Redemption Agreement
among each of the holders of the Shares and the Company, and as further set
forth in the Agreement.

         2. ACCEPTANCE OF SUBSCRIPTION AND ISSUANCE OF SHARES. It is understood
and agreed that the Company shall have the sole right, at its complete
discretion, to accept or reject the subscription, in whole or in part, for any
reason and that the same shall be deemed to be accepted by the Company only when
it is signed by a duly authorized officer of the Company and delivered to the
Korte at the Closing referred to in Section 3 hereof. Notwithstanding anything
in the Agreement to the contrary, the Company shall have no obligation to issue
any of the Shares to any person who is a resident of a jurisdiction in which the
issuance of Shares would constitute a violation of the securities, "blue sky" or
other similar laws of such jurisdiction (collectively referred to as the "State
Securities Laws").

         3. THE CLOSING. The closing of the subscription for purchase of the
Shares (the "Closing") shall take place upon acceptance of the Subscription
Agreement by the Board of Directors of the Company and signing of the
Subscription Agreement by the Chief Executive Officer of the Company where
indicated "ACCEPTED AND APPROVED." Upon acceptance of the Subscription Agreement
the Company agrees to return one fully signed Subscription Agreement signed by
the Chief Executive Officer of the Company where indicated "ACCEPTED AND
APPROVED" to the Korte, and the Korte agrees to immediately wire transfer the
agreed upon funds in purchase of the shares to the Company. Thereafter, the
Company shall have Ten (10) days within which to deliver the Shares to the
Korte. In the event the Closing shall not have occurred within Twenty (20) days
from the date of receipt by the Company of the Subscription Agreement from the
Korte, the Subscription Agreement shall be null and void, and of no further
effect.

         4. PAYMENT FOR SHARES. The Korte agrees to wire transfer to the Company
the amount as set forth in Appendix A hereto in payment for the Shares
immediately following the Company signing the Acceptance below and returning one
fully signed original of this Subscription Agreement to the Korte.

         5. REPRESENTATIONS AND WARRANTIES OF THE COMPANY. As of the Closing,
the Company represents and warrants that:

                  (a) The Company is duly incorporated or organized, validly
existing and in good standing under the laws of the States of Nevada, with full
power and authority to conduct its business as it is currently being conducted
and to own its assets; and have secured all other authorizations, approvals,
permits and orders required by law for the conduct by the Company of its
business as it is currently being conducted.

                  (b) The authorized capital stock of the Company consists of
Common stock; $0.001 par value; 2,000,000 shares authorized, 912,500 shares
issued and outstanding; Company has reserved 456,250 shares to be issued,
342,220 for $1,000,000.00 new capital contribution, and 114,030 shares for
services, following which 1,363,750 total shares will be issued and outstanding,
of which the 171,110 shares subscribed by Cynthia Korte will equal approximately
12.5% of all issued and outstanding shares of Company.

                  (c) As of the date of this Subscription Agreement there are no
outstanding rights of first refusal or offer, preemptive rights, other Stock
Purchase Rights or other agreements, either directly or indirectly, for the
purchase or acquisition from the Company or any of its shareholders of any
shares of Company Capital Stock or any securities convertible into or
exchangeable for shares of Company Capital Stock.

                  (d) The Company is not under any contractual or other
obligation to register any of its presently outstanding securities or any of its
securities that may hereafter be issued.

                                       2
<PAGE>

                  (e) The Board of Directors of the Company will have duly
authorized the issuance and sale of the Shares upon the terms of the
Subscription Agreement and will have completed all requisite corporate action.

                  (f) The Shares, when issued and paid for, will represent
validly authorized, duly issued and fully paid and nonassessable Shares of the
Company, and the issuance thereof will not conflict with the certificate of
incorporation, articles of incorporation, bylaws of the Company, or operational
agreements of the Company.

                  (g) No representation or warranty by the Company in the
Agreement, and no statement by an officer of the Company contained in any
document, certificate or other writing furnished to the Korte in connection with
the transactions contemplated hereby, when taken as a whole, contains any untrue
statement of a material fact or omits to state any material fact necessary to
make statements herein or therein not misleading in light of the circumstances
in which they are made.

         6. REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE KORTE. The Korte
hereby represents and warrants to and covenants with the Company and each of
them, and each officer, director, member and agent of the Company that:

                  (a) GENERAL:

                           (i) The Korte has all requisite authority to enter
                  into this Agreement and to perform all the obligations
                  required to be performed by the Korte hereunder.

                           (ii) The Korte is a resident of the State of Arizona.

                  (b) INFORMATION CONCERNING THE COMPANY:

                           (i) The Korte has been given the opportunity to have
                  full access to the business plan and all operational and
                  financial statements of the Company and all books, records,
                  documents and other data concerning the Company and has relied
                  only on the information contained therein.

                           (ii) The Korte is familiar with the business and
                  financial condition, properties, operations and prospects of
                  the Company, all as generally described in the documents
                  described above. The Korte has been given the opportunity to
                  obtain any information necessary to verify the accuracy of the
                  information set forth in the documents and has been furnished
                  all such information so requested.

                           (iii) The Korte understands that, unless the Korte
                  notifies the Company in writing to the contrary at or before
                  the Closing, all the Korte's representations and warranties
                  contained in the Agreement will be deemed to have been
                  reaffirmed and confirmed as of the Closing, taking into
                  account all information received by the Korte.

                           (iv) The Korte understands that the purchase of the
                  Shares involves a high degree of risk, including but not
                  limited to those outlined in the Agreement.

                           (v) The Korte understands that no federal or state
                  agency has passed upon the Shares or made any finding or
                  determination concerning the fairness or advisability of the
                  investment.

                           (vi) The Korte understands that estimates and
                  projections like those contained in the documents, by their
                  nature, involve significant elements of subjective judgment
                  and analysis that may or may not be correct; that there can be
                  no assurance that such projections or goals will be attained;
                  and that the projections and estimates contained in the
                  documents should not be relied upon as a promise or
                  representation of the future performance of the Company.

                                       3
<PAGE>

                           (vii) The Korte understands that the investment
                  contains a high degree of risk as it pertains to investment in
                  a development company with limited track record and business
                  history.

                  (c) STATUS OF KORTE:

                           (i) The Korte has such knowledge, skill and
                  experience in business, financial and investment matters so
                  that she is capable of evaluating the merits and risks of an
                  investment in the Shares. To the extent necessary, the Korte
                  has retained, at her own expense, and relied upon, appropriate
                  professional advice regarding the investment, tax and legal
                  merits and consequences of the Agreement and owning Shares.

                           (ii) The Korte is an "Accredited Investor" as defined
                  in Rule 501(a) of Regulation D under the Securities Act. The
                  Korte agrees to furnish any additional information requested
                  to assure compliance with applicable federal and state
                  securities laws in connection with the purchase and sale of
                  the Shares. The Korte acknowledges that she has completed the
                  Accredited Investor Certificate contained in Appendix B and
                  that the information contained therein is complete and
                  accurate as of the date thereof and is she hereby affirmed as
                  of the date hereof.

                  (d) RESTRICTIONS ON TRANSFER OR SALE OF SHARES:

                           (i) The Korte is acquiring the Shares solely for her
                  own beneficial account, for investment purposes, and not with
                  a view to, or for resale in connection with, any distribution
                  of the Shares. The Korte understands that the Shares and have
                  not been registered under the Securities Act or any State
                  Securities Laws by reason of specific exemptions under the
                  provisions thereof which depend in part upon the investment
                  intent of the Korte and of the other representations made by
                  the Korte in the Agreement. The Korte understands that the
                  Company is relying upon the representations and agreements
                  contained in the Agreement (and any supplemental information)
                  for the purpose of determining whether the transaction meets
                  the requirements for such exemptions.

                           (ii) The Korte understands that the Shares are
                  "restricted securities" under applicable federal securities
                  laws and that the Securities Act and the rules of the
                  Securities and Exchange Commission (the "Commission") provide
                  in substance that the Korte may dispose of the Shares only
                  pursuant to an effective registration statement under the
                  Securities Act or an exemption therefrom, and the Korte
                  understands that the Company has no obligation or intention to
                  register any of the Shares or to take action so as to permit
                  sales pursuant to the Securities Act (including Rule 144
                  thereunder). Accordingly, the Korte understands that under the
                  Commission's rules, the Korte may dispose of the Shares
                  principally only in "private placements" which are exempt from
                  registration under the Securities Act, in which event the
                  transferee will acquire "restricted securities" subject to the
                  same limitations as in the hands of the Korte. As a
                  consequence, the Korte understands that she must bear the
                  economic risks of the investment in the Shares for an
                  indefinite period of time.

                           (iii) The Korte agrees: (A) that she will not sell,
                  assign, pledge, give, transfer or otherwise dispose of the
                  Shares or any interest therein, or make any offer or attempt
                  to do any of the foregoing, except pursuant to a registration
                  of the Shares as applicable, under the Securities Act and all
                  applicable State Securities Laws or in a transaction which is
                  exempt from the registration provisions of the Securities Act
                  and all applicable State Securities Laws; (B) that the
                  certificate(s) for the Shares will bear a legend making
                  reference to the foregoing restrictions; and (C) that the
                  Company and any transfer agent for the Shares shall not be
                  required to give effect to any purported transfer of such
                  shares except upon compliance with the foregoing restrictions.

                           (iv) The Korte has not offered or sold any portion of
                  her Shares and has no present intention of dividing her Shares
                  with others or of reselling or otherwise disposing of any
                  portion of her Shares either currently or after the passage of
                  a fixed or determinable period of time or upon the occurrence
                  or nonoccurrence of any predetermined event or circumstance.

                           (v) The Korte acknowledges that neither the Company
                  nor any other person offered to sell the Shares to him by
                  means of any form of general advertising, such as media
                  advertising or seminars.

                                       4
<PAGE>

                           (vi) The Korte acknowledges that the Company has the
                  right in its sole and absolute discretion to abandon this
                  private placement at any time prior to Closing.

                           (vii) The Korte has not used any person as a
                  "Purchaser Representative" within the meaning of SEC
                  Regulation D to represent her in determining whether she
                  should purchase the Shares.

         7. CONDITIONS TO OBLIGATIONS OF THE KORTE AND THE COMPANY. The
obligations of the Korte to purchase and pay for the number of Shares specified
herein and of the Company to sell the Shares are subject to the satisfaction at
or prior to the Closing of the following conditions precedent: the
representations and warranties of the Company contained in Section 5 hereof and
of the Korte contained in Section 6 hereof shall be true and correct on and as
of the Closing in all respects as if made at the Closing.

         8. OBLIGATIONS REVOCABLE. The obligations of the Korte hereunder shall
be revocable at any time prior to Closing.

         9. LEGEND. Each certificate for Shares (sold pursuant to the Agreement)
will be imprinted with a legend in substantially the following form:

         "THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED
         UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR
         ANY STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR TRANSFERRED OR
         OFFERED FOR SALE OR TRANSFER UNLESS A REGISTRATION STATEMENT UNDER THE
         SECURITIES ACT AND OTHER APPLICABLE SECURITIES LAWS WITH RESPECT TO
         SUCH SECURITIES IS THEN IN EFFECT, OR IN THE OPINION OF COUNSEL, SUCH
         REGISTRATION UNDER THE SECURITIES ACT AND OTHER APPLICABLE SECURITIES
         LAWS IS NOT REQUIRED."

         10. BROKERS. Korte has not entered into any agreement to pay any
broker's or finder's fee to any person with respect to the Agreement or the
transactions contemplated hereby.

         11. WAIVER, AMENDMENT. Neither the Agreement nor any provisions hereof
shall be modified, changed, discharged or terminated except by an instrument in
writing, signed by the party against whom any waiver, change, discharge or
termination is sought.

         12. ASSIGNABILITY. Neither the Agreement nor any right, remedy,
obligation or liability arising hereunder or by reason hereof shall be
assignable by either the Company or the Korte without the prior written consent
of the other party.

         13. APPLICABLE LAW. The Agreement shall be governed by and construed in
accordance with the laws of the State of Nevada.

         14. SECTION AND OTHER HEADINGS. The section and other headings
contained in the Agreement are for reference purposes only and shall not affect
the meaning or interpretation of the Agreement.

         15. COUNTERPARTS. The Agreement may be executed in any number of
counterparts, each of which when so executed and delivered shall be deemed to be
an original and all of which together shall be deemed to be one and the same
agreement.

         16. NOTICES. All notices and other communications provided for herein
shall be in writing and shall be deemed to have been duly given if delivered
personally or sent by registered or certified mail, return receipt requested,
postage prepaid:

(a)      If to the Company, at its office at the following address:

                                    3Pea Technologies, Inc.
                                    3068 E. Sunset Road, Suite 3
                                    Las Vegas, Nevada 89120
                                    Attn: Mark R. Newcomer
                                    Chief Executive Officer

(b)      If to Korte, at the following address:

                                    Cynthia Korte
                                    6929 E. Hayden Road Suite C-4
                                    PMB #487
                                    Scottsdale, AZ 85250

                                       5
<PAGE>

or at such other address as any party shall have specified by notice in writing
to the other.

         17. BINDING EFFECT. The provisions of the Agreement shall be binding
upon and accrue to the benefit of the parties hereto and their respective heirs,
legal representatives, successors and assigns.

         19. SURVIVAL. All representations, warranties and covenants contained
in the Agreement shall survive (i) the acceptance of the subscription by the
Company, (ii) changes in the transactions, documents and instruments which are
not material or which are to the benefit of the Korte, and (iii) the death or
disability of the Korte.

         20. PREEMPTIVE RIGHTS AND FORWARD OR BACKWARD STOCK SPLITS. The Company
agrees that should the Company hereafter sell or offer to sell (other than as
set forth in the Company's Confidential Memorandum previously provided to
Korte), or accept an offer to buy from the Company, shares of stock of the
Company, or do a public stock offering, then in such event the Company agrees to
give the Korte sixty (60) days advance written notice of the terms and
conditions of such pending stock sale, and the Korte shall have the right to
purchase a pro rata share of such stock sale or offering equal to the percentage
of shares which the Korte owns in the Company, for a share price which is equal
to the per share price at which the shares are offered or agreed to be sold.
Further, should the Company do (1) a forward or reverse split of stock, (2) a
re-capitalization of the Company, (3) issue limited amounts of shares for
services to other than independent third parties, or (4) issue shares for less
than fair value, the Company agrees that the Korte's proportionate share of the
ownership of the Company shall remain the same and not be affected by any of the
foregoing.

         21. NOTIFICATION OF CHANGES. The Korte hereby covenants and agrees to
notify the Company upon the occurrence of any event prior to the closing of the
purchase of the Shares pursuant to the Agreement which would cause any
representation, warranty, or covenant of the Korte contained in the Agreement to
be false or incorrect.

         IN WITNES WSHEREOF, the Korte has executed the Subscription Agreement
this 6th day of October, 2004.

KORTE                                    COMPANY
                                         3PEA TECHNOLOGIES, INC.

By: /s/ Cynthia Korte                    By: /s/  Mark R. Newcomer
    ------------------------------          ------------------------------------
        Cynthia Korte                    Mark R. Newcomer
                                         Chief Executive Officer

                                   ACCEPTANCE

ACCEPTED AND APPROVED as of the 6th day of October, 2004, by Company:

By: /S/ Mark R. Newcomer
    --------------------------------
        Mark R. Newcomer
        Chief Executive Officer

                                       6
<PAGE>

                                   APPENDIX A
                                   ----------

                          CONSIDERATION TO BE DELIVERED
                          -----------------------------

                   FIVE HUNDRED THOUSAND DOLLARS ($500,000.00)
                   -------------------------------------------

                                      A-1
<PAGE>

                                   APPENDIX B
                         ACCREDITED INVESTOR CERTIFICATE
                         -------------------------------

         The Korte Investor hereby certifies that she is an Accredited Investor
as that term is defined in Regulation D adopted pursuant to the Securities Act
of 1933 (the "Act"). The specific category(s) of Accredited Investor applicable
to the Korte is checked below.

___X_             a. an individual whose individual net worth, or joint net
                  worth with that individual's spouse, exceeds $1,000,000
                  (including the value of homes, home furnishings and personal
                  automobiles);

_____             b. an individual who had an individual income in excess of
                  $200,000 in 2002 and 2004 or joint income with that person's
                  spouse in excess of $300,000 in each of those years and who
                  reasonably expects to reach the same income level in 2000. For
                  purposes of their offering, individual income shall equal
                  adjusted gross income, as reported in the investor's federal
                  income tax return, less any income attributable to a spouse or
                  to property owned by the spouse, and as may be further
                  adjusted in accordance with the rules, regulations, and
                  releases of the Commission;

_____             c. a bank as defined in Section 3(a)(2) of the
                  Securities Act of 1933, as amended (the "Act"), or a savings
                  and loan association or other institution as defined in
                  Section 3(a)(5)(A) of the Act, whether acting in its
                  individual or fiduciary capacity; an insurance Company as
                  defined in Section 2(13) of the Act; an investment Company
                  registered under the Investment Company Act of 1940 (the "1940
                  Act") or a business development Company as defined in Section
                  2(a)(48) of the 1940 Act; a Small Business Investment Company
                  licensed by the U.S. Small Business Administration under
                  Section 301(c) or (d) of the Small Business Investment Act of
                  1958; or an employee benefit plan within the meaning of Title
                  I of the Employee Retirement Income Security Act of 1974
                  ("ERISA"), if the investment decision is made by a plan
                  fiduciary, as defined in Section 3(21) of ERISA, which is
                  either a bank, savings and loan association, insurance Company
                  or registered investment adviser, or if the employee benefit
                  plan has total assets in excess of $5,000,000 or if a
                  self-directed plan, with investment decisions made solely by
                  persons that are accredited investors;

_____    d.       a private business development Company as defined in Section
                  202(a)(22) of the Investment Advisers Act of 1940;

_____    e.       an organization described in Section 501(c)(3) of the
                  Internal Revenue Code, corporation, Massachusetts or similar
                  business trust, or partnership, not formed for the specific
                  purpose of acquiring the Shares, with total assets in excess
                  of $5,000,000;

_____    f.       an individual who is a director or executive officer of the
                  Company; or

_____    g.       an entity in which all of the equity owners are accredited
                  investors as set forth above.

         IN WITNESS WSHEREOF, the Korte has executed the Accredited Investor
Certificate this day of September 2004.

                                                     Cynthia Korte

                                                     By: /S/ Cynthia Korte
                                                         -----------------------
                                                             Cynthia Korte

                                      B-1
<PAGE>

                                 PROMISSORY NOTE

Phoenix, Arizona                                               October 6th, 2004

         1. BORROWER'S PROMISE TO PAY. For value received, 3Pea Technologies,
Inc., a Nevada corporation, 3068 E. Sunset Road, Suite 3, Las Vegas, Nevada
89120 ("Maker"), promises to pay to Cynthia Korte, 6929 N. Hayden Road, C-4 PMB
487, Scottsdale, AZ 85250, or Order, or the holder of this Note ("Payee"), the
principal sum of Five Hundred Thousand Dollars and No/100 ($500,000.00), with
principal and interest payable in the manner as provided in paragraphs 2 and 3
below.

         2. INTEREST. This Note shall bear interest at the annual rate of Eight
and One Half percent (8 1/2%) per annum from the above date until all principal
and accrued interest have been paid in full. Interest shall be paid in advance
for one year at the time of signing of this Note in the sum of $42,500.00.
Thereafter, should this Note be renewed for an additional term of one year as
provided for in paragraph 3 below, then in such event, interest shall be paid in
advance for such additional term at the date of commencement of the second year
of this Note. Interest is earned and is non-refundable when paid by Maker to
Payee regardless of any prepayment of principal by Maker to Payee.

         3. PAYMENT. The principal balance of this Note shall be paid in full on
the one year anniversary date of this Note. Notwithstanding the foregoing, the
Maker, at Maker's option, shall have the right to extend the time of payment of
principal of this Note for an additional term of one year provided that the
Maker shall pay the interest in advance for the additional term at the
commencement of such additional term as provided in paragraph 2 above.

         4. PLACE OF PAYMENT/NOTICE. All payments by Maker to Payee under this
Note and all notices required or provided to be sent by any party hereto shall
be made to the party entitled to receive payment, or the party to receive notice
at their address above. Any party may change its address for purposes of this
paragraph by giving written notice of such change of address to the other party
in the manner herein provided for giving notice.

         5. WAIVER OF PRESENTMENT, NOTICE OF DISHONOR AND PROTEST. Maker waives
all rights to require the Payee to do the following things:

         A. To demand payment of amounts due (known as "presentment");

         B. To give notice that amounts due have not been paid (known as a
"notice of dishonor");

         C. To obtain an official certification of nonpayment (known as a
"protest").

         6. DEFAULT.

         A. Notice. Should default be made in the payment of any installation
of principal or interest when due, Maker shall not be considered in default if
payment is received by Payee within five (5) days following receipt of written
notice of default by Maker. Should Maker fail to pay this Note in full within
such time, then this Note shall bear interest at the rate of eighteen (18%) per
cent per annum from the date of default until paid in full.

         B. Remedies Upon Default. If Maker is considered to be in default under
this Note, Payee shall then have the right to bring suit or take any other
action available to enforce payment of this Note upon the Maker.

C. Waivers. No waiver by Payee of any default shall operate as a
waiver of any other default. No matter shall be considered waived by
implication, or expressly waived unless in writing signed by the Payee. All
remedies are cumulative, and not alternative. No right or power of Payee
hereunder shall be deemed to have been waived by any act or conduct on the part
of Payee, or by any neglect to exercise such right or power, or by any delay in
doing so; and every right or power shall continue in full force and effect
unless specifically waived or released by an instrument in writing executed by
Payee.

         7. COLLECTION COSTS. In the event that Payee shall retain or engage an
attorney or attorneys' to collect, enforce, or protect its interest with respect
to this Note, or as to any collateral securing the Note, the Maker shall pay all
of the costs and expenses of such collection, enforcement, or protection,
including reasonable attorneys' fees and costs, and the Payee may take judgment
for all such amounts, in addition to the unpaid principal balance of the Note
and accrued interest thereon.

                                      B-2
<PAGE>

         8. BINDING EFFECT. This Note shall be binding upon and inure to the
benefit of the heirs, legal representatives, successors and assigns of the
respective parties hereto.

         9. APPLICABLE LAW. This Note shall be governed by and construed in
accordance with its terms and by the laws and judicial decisions of the State of
Arizona, the courts of which state shall have exclusive jurisdiction to enforce
this Note.

         10. DESCRIPTIVE HEADINGS. The descriptive headings of the paragraphs of
this Note have been inserted for convenience of reference only and shall not
control or effect the interpretation or construction of any paragraph herein.

         11. TIME IS OF THE ESSENCE. Time is of the essence with respect to the
performance of all obligations under this Note.

         12. GUARANTY. The payment and performance of this Note is guaranteed by
Mark R. Newcomer, Erin Newcomer, husband and wife, and Daniel H. Spence, and
Elaine Spence, husband and wife, each jointly and individually, Guarantors, the
terms of which are set forth in an UNCONDITIONAL CONTINUING GUARANTY OF PAYMENT
AND PERFORMANCE, entered into between Guarantors and Payee of even date with
this Promissory Note, and which is incorporated herein by reference in its
entirety.

                                                MAKER:
                                                3Pea Technologies, Inc.,

                                                By: /S/ Mark R. Newcomer
                                                    ----------------------------
                                                        Mark R. Newcomer
                                                        Chief Executive Officer

                                                By: /S. Daniel H. Spence
                                                    ----------------------------
                                                        Daniel H. Spence
                                                        President

                                      B-3
<PAGE>

                        UNCONDITIONAL CONTINUING GUARANTY

                           OF PAYMENT AND PERFORMANCE

         For valuable consideration, the undersigned (herein called
"Guarantors") jointly and severally unconditionally guaranty the payment and
performance of 3Pea Technologies, Inc., a Nevada corporation, 3068 E. Sunset
Road, Suite 3, Las Vegas, Nevada 89120, of each and every term and condition of
that certain Promissory Note of even date herewith in the face amount of Five
Hundred Thousand Dollars and No/100 ($500,000.00), between 3Pea Technologies,
Inc. (therein "Maker"), and Cynthia Korte, 6929 N. Hayden Road, C-4 PMB 487,
Scottsdale, AZ 85250 (therein "Payee"), in accordance with its terms. The
liability of Guarantors and each of them hereunder shall be for the full amount
of payment of all principal, interest and costs and attorney's fees for
collection of the Note and enforcement of this Guarantee. The obligation of each
Guarantor hereunder is independent of the obligation of every other Guarantor
hereunder or of any other Guarantor, or of Borrower, and a separate action or
actions may be brought and prosecuted against any one or more of the Guarantors
hereunder or otherwise, whether action is brought against Borrower or any other
Guarantor, or whether Borrower or any other Guarantor be joined in any such
action or actions; and Guarantors waive the benefits of any statute of
limitations affecting their liability hereunder or the enforcement thereof.
Guarantors authorize Cynthia Korte, Payee (herein "Korte"), without notice or
demand and without affecting their liability hereunder, from time to time, to
reduce the amount of the installments of the above described note and/or to
otherwise extend the time for the payment thereof; and Korte may assign this
guarantee in whole or in part. Guarantors waive any right to require Korte to
proceed against Borrower or to proceed against or exhaust any security held from
Borrower or to proceed against any other Guarantor, or to pursue any other
remedy in Korte's power whatsoever. Guarantors waive any defense arising by
reason of any disability or other defense of Borrower, or by reason of the
cessation from any cause whatsoever of the liability of Borrower. Until the
above described Note of Borrower to Korte shall have been paid in full,
Guarantors shall have no right of subrogation, and each of them does hereby
waive any right to enforce any remedy which Korte now has, or may hereafter have
against Borrower, and waive any benefit of and any right to participate in any
security now or hereafter held by Korte. Guarantors waive all presentments,
demands for performance, notices of non-performance, protests, notices of
protest, notices of dishonor, and notices of acceptance of this guarantee. It is
not necessary for Korte to inquire into the powers of Borrower or its officers,
Members, or agents acting or purporting to act on its behalf, and the above
described indebtedness which was created in reliance upon the professed exercise
of such powers is hereby guaranteed. Guarantors agree to pay a reasonable
attorney's fee and all other costs and expenses which may be incurred by Korte
in the enforcement of this guarantee.

         Guarantors hereby irrevocably and unconditionally waive all of the
benefits and provisions of Arizona Revised Statutes, ss.12-1641, and any
amendment thereto.

         Further, as inducement for Korte to loan 3Pea Technologies, Inc. the
sum of $500,000.00, Guarantors agree to cause 3Pea Technologies, Inc., to have a
life insurance policy issued insuring the life of both Mark R. Newcomer and
Daniel H. Spence as Insured under the policy and agreeing to pay a Death Benefit
to Korte, as a named Beneficiary under the policy, sufficient to satisfy the
loan upon the death of Mark R. Newcomer and/or Daniel H. Spence, until such time
as the loan owing by 3Pea Technologies, Inc. to Korte is paid in full.

         IN WITNESS WHEREOF the undersigned Guarantors have executed this
guarantee this 6th day of October, 2004.

 By: /S/ Mark R. Newcomer
     ---------------------------------------
        Mark R. Newcomer, Guarantor

By: /S/ Daniel H. Spence
    ----------------------------------------
       Daniel H. Spence, Guarantor

                                      B-4

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