Document:

STOCK PURCHASE AGREEMENT AND SHARE EXCHANGE

by and among

ASTURIAS INDUSTRIES, INC.

a Florida Corporation

and

FISHTHEWORLD.COM, INC.

a Florida Corporation

effective as of May 8, 2002

STOCK
PURCHASE AGREEMENT AND SHARE EXCHANGE

        THIS STOCK PURCHASE
AGREEMENT AND SHARE EXCHANGE, made and entered into this 8th day of May,
2002, by and among Asturias Industries, Inc., a Florida corporation with its
principal place of business located at 22154 Martella Avenue, Boca Raton,
Florida 33433 (“Asturias”); FishTheWorld.com, Inc., a Florida
Corporation with its principal place of business at 2190 NE 68th
Street, #532, Fort Lauderdale, Florida 33308 (“FishTheWorld”) and the
shareholders of FishtheWorld (“Shareholders”) as set forth on Exhibit
A attached hereto (collectively FishTheWorld and the shareholders of
FishTheWorld shall be known as the “FishTheWorld Group”). 

Premises

        A.     
This Agreement provides for the acquisition of FishTheWorld whereby FishTheWorld
shall become a wholly owned subsidiary of Asturias and in connection therewith,
the issuance of a total of 9,000,000 shares of Asturias to the FishTheWorld
shareholders. 

        B.     
The and boards of directors of FishTheWorld and Asturias have determined,
subject to the terms and conditions set forth in this Agreement, that the
transaction contemplated hereby is desirable and in the best interests of their
stockholders, respectively. This Agreement is being entered into for the purpose
of setting forth the terms and conditions of the proposed acquisition. 

Agreement

        NOW,
THEREFORE, on the stated premises and for and in consideration of the mutual
covenants and agreements hereinafter set forth and the mutual benefits to the
parties to be derived here from, it is hereby agreed as follows: 

ARTICLE IREPRESENTATIONS,

COVENANTS AND WARRANTIES OF

ASTURIAS INDUSTRIES, INC.

        As
an inducement to and to obtain the reliance of FishTheWorld, Asturias represents and
warrants as follows:

        Section
1.1   Organization.    Asturias is a corporation duly organized, validly
existing, and in good standing under the laws of Florida and has the corporate
power and is duly authorized, qualified, franchised and licensed under all
applicable laws, regulations, ordinances and orders of public authorities to own
all of its properties and assets and to carry on its business in all material
respects as it is now being conducted, including qualification to do business as
a foreign corporation in the jurisdiction in which the character and location of
the assets owned by it or the nature of the business transacted by it requires
qualification. Included in the Schedules attached hereto (hereinafter defined)
are complete and correct copies of the articles of incorporation, bylaws and
amendments thereto as in effect on the date hereof. The execution and delivery
of this Agreement does not and the consummation of the transactions contemplated
by this Agreement in accordance with the terms hereof will not violate any
provision of Asturias’s articles of incorporation or bylaws. Asturias has
full power, authority and legal right and has taken all action required by law,
its articles of incorporation, its bylaws or otherwise to authorize the
execution and delivery of this Agreement. 

2

        Section
1.2   Capitalization.    The authorized capitalization of Asturias
consists of 10,000,000 Common Shares, $0.001 par value per share, and no
Preferred Shares. As of the date hereof, Asturias has 1,000,000 common shares
issued and outstanding. Asturias is presently a 1934 Exchange Act reporting
company and has filed all necessary reports, quarterly, annual and special with
the Securities and Exchange Commission of the United States on a timely basis. 

        All
issued and outstanding shares are legally issued, fully paid and nonassessable
and are not issued in violation of the preemptive or other rights of any person.
Asturias has no securities, warrants or options authorized or issued. 

        Section
1.3    Subsidiaries.   Asturias has no subsidiaries.

        Section
1.4    Tax Matters:   Books and Records.

	 	(a)	
The books and records, financial and others, of Asturias are in all material
respects complete and correct and have been maintained in accordance with good
business accounting practices; and

	 	(b)	
Asturias has no liabilities with respect to the payment of any country, federal,
state, county, or local taxes (including any deficiencies, interest or
penalties).

	 	(c)	
Asturias shall remain responsible for all debts incurred by Asturias prior to the date
of closing.

        Section
1.5   Litigation and Proceedings.    There are no actions, suits,
proceedings or investigations pending or threatened by or against or affecting
Asturias or its properties, at law or in equity, before any court or other
governmental agency or instrumentality, domestic or foreign or before any
arbitrator of any kind that would have a material adverse affect on the
business, operations, financial condition or income of Asturias. Asturias is not
in default with respect to any judgment, order, writ, injunction, decree, award,
rule or regulation of any court, arbitrator or governmental agency or
instrumentality or of any circumstances which, after reasonable investigation,
would result in the discovery of such a default. 

        Section
1.6   Material Contract Defaults.    Asturias is not in default in any
material respect under the terms of any outstanding contract, agreement, lease
or other commitment which is material to the business, operations, properties,
assets or condition of Asturias, and there is no event of default in any
material respect under any such contract, agreement, lease or other commitment
in respect of which Asturias has not taken adequate steps to prevent such a
default from occurring. 

        Section
1.7   Information.     The information concerning Asturias as set forth in this
Agreement and in the attached Schedules is complete and accurate in all material respects and
does not contain any untrue statement of a material fact or omit to state a material fact required to
make the statements made in light of the circumstances under which they were made, not
misleading.  Asturias's filings with the SEC are complete and accurate in all material respects and
do not contain any untrue statement of a material fact or omit to state a material fact required to
make the statements made in light of the circumstances under which they were made, not
misleading.

        Section
1.8    Title and Related Matters.    Asturias has good and marketable title to
and is the sole and exclusive owner of all of its properties, inventory, interest in properties and

3

assets, real and personal
(collectively, the “Assets”) free and clear of all liens, pledges,
charges or encumbrances. Asturias owns free and clear of any liens, claims,
encumbrances, royalty interests or other restrictions or limitations of any
nature whatsoever and all procedures, techniques, marketing plans, business
plans, methods of management or other information utilized in connection with
Asturias’s business. No third party has any right to, and Asturias has not
received any notice of infringement of or conflict with asserted rights of other
with respect to any product, technology, data, trade secrets, know-how,
proprietary techniques, trademarks, service marks, trade names or copyrights
which, singly on in the aggregate, if the subject of an unfavorable decision
ruling or finding, would have a materially adverse affect on the business,
operations, financial conditions or income of Asturias or any material portion
of its properties, assets or rights. 

        Section
1.9   Contracts    On the closing date:

	 	(a)	
There are no material contracts, agreements franchises, license agreements, or
other commitments to which Asturias is a party or by which it or any of its
properties are bound:

	 	(b)	
Asturias is not a party to any contract, agreement, commitment or instrument or
subject to any charter or other corporate restriction or any judgment, order,
writ, injunction, decree or award materially and adversely affects, or in the
future may (as far as Asturias can now foresee) materially and adversely affect
, the business, operations, properties, assets or conditions of Asturias; and

	 	(c)	
Asturias is not a party to any material oral or written: (I) contract for the
employment of any officer or employee; (ii) profit sharing, bonus, deferred
compensation, stock option, severance pay, pension benefit or retirement plan,
agreement or arrangement covered by Title IV of the Employee Retirement Income
Security Act, as amended; (iii) agreement, contract or indenture relating to the
borrowing of money; (iv) guaranty of any obligation for the borrowing of money
or otherwise, excluding endorsements made for collection and other guaranties,
of obligations, which, in the aggregate exceeds $1,000; (v) consulting or other
contract with an unexpired term of more than one year or providing for payments
in excess of $10,000 in the aggregate; (vi) collective bargaining agreement;
(vii) contract, agreement or other commitment involving payments by it for more
than $10,000 in the aggregate.

        Section
1.10    Compliance With Laws and Regulations.    To the best of Asturias's
knowledge and belief, Asturias has complied with all applicable statutes and regulations of any
federal, state or other governmental entity or agency thereof, except to the extent that
noncompliance would not materially and adversely affect the business, operations, properties,
assets or condition of Asturias or would not result in Asturias incurring material liability.

        Section
1.11    Insurance.    All of the insurable properties of Asturias are insured for
Asturias 's benefit under valid and enforceable policy or policies containing substantially equivalent
coverage and will be outstanding and in full force at the Closing Date.

        Section
1.12    Approval of Agreement.    The directors of Asturias have authorized the
execution and delivery of the Agreement by and have approved the transactions contemplated
hereby.

        Section
1.13    Material Transactions or Affiliations.    There are no material contracts
or agreements of arrangement between Asturias and any person, who was at the time of such
contract, agreement or arrangement an officer, director or person owning of record, or known to
beneficially own ten percent (10%) or more of the issued and outstanding Common Shares of

4

Asturias and which is to be
performed in whole or in part after the date hereof. Asturias has no commitment,
whether written or oral, to lend any funds to, borrow any money from or enter
into material transactions with any such affiliated person. 

        Section
1.14    No Conflict With Other Instruments.    The execution of this
Agreement and the consummation of the transactions contemplated by this
Agreement will not result in the breach of any term or provision of, or
constitute an event of default under, any material indenture, mortgage, deed of
trust or other material contract, agreement or instrument to which Asturias is a
party or to which any of its properties or operations are subject. 

        Section
1.15    Governmental Authorizations.    Asturias has all licenses,
franchises, permits or other governmental authorizations legally required to
enable it to conduct its business in all material respects as conducted on the
date hereof. Except for compliance with federal and state securities and
corporation laws, as hereinafter provided, no authorization, approval, consent
or order of, or registration, declaration or filing with, any court or other
governmental body is required in connection with the execution and delivery by
Asturias of this Agreement and the consummation of the transactions contemplated
hereby. 

ARTICLE IIREPRESENTATIONS,

COVENANTS AND WARRANTIES
 OF
FISHTHEWORLD.COM, INC.

        As
an inducement to, and to obtain the reliance of Asturias, FishTheWorld represents and
warrants as follows:

        Section
2.1   Organization.    FishTheWorld is a corporation duly organized,
validly existing and in good standing under the laws of Florida and has the
corporate power and is duly authorized, qualified, franchised and licensed under
all applicable laws, regulations, ordinances and orders of public authorities to
own all of its properties and assets and to carry on its business in all
material respects as it is now being conducted, including qualification to do
business as a foreign entity in the country or states in which the character and
location of the assets owned by it or the nature of the business transacted by
it requires qualification. Included in the Attached Schedules (as hereinafter
defined) are complete and correct copies of the articles of incorporation,
bylaws and amendments thereto as in effect on the date hereof. The execution and
delivery of this Agreement does not and the consummation of the transactions
contemplated by this Agreement in accordance with the terms hereof will not,
violate any provision of FishTheWorld’s certificate of incorporation or
bylaws. FishTheWorld has full power, authority and legal right and has taken all
action required by law, its articles of incorporation, bylaws or otherwise to
authorize the execution and delivery of this Agreement. 

        Section
2.2    Capitalization.    The authorized capitalization of FishTheWorld
consists of 1,000,000 shares, $0.0001 par value and no preferred shares. As of
the date hereof, there are 1,000,000 shares issued and outstanding. 

        All
issued and outstanding common shares have been legally issued, fully paid, are
nonassessable and not issued in violation of the preemptive rights of any other
person. FishTheWorld has no other securities, warrants or options authorized or
issued. 

        Section
2.3   Subsidiaries.   FishTheWorld  has no subsidiaries.

5

        Section
2.4   Tax Matters; Books & Records

	 	(a)	
The books and records, financial and others, of FishTheWorld are in all material
respects complete and correct and have been maintained in accordance with good
business accounting practices; and

	 	(b)	
FishTheWorld has no liabilities with respect to the payment of any country,
federal, state, county, local or other taxes (including any deficiencies,
interest or penalties).

	 	(c)	
FishTheWorld shall remain responsible for all debts incurred prior
to the closing.

        Section
2.5   Information.   The information concerning FishTheWorld as set forth
in this Agreement and in the attached Schedules is complete and accurate in all
material respects and does not contain any untrue statement of a material fact
or omit to state a material fact required to make the statements made, in light
of the circumstances under which they were made, not misleading. 

        Section
2.6   Title and Related Matters.    FishTheWorld has good and marketable
title to and is the sole and exclusive owner of all of its properties,
inventory, interests in properties and assets, real and personal (collectively,
the “Assets”) free and clear of all liens, pledges, charges or
encumbrances. Except as set forth in the Schedules attached hereto, FishTheWorld
owns free and clear of any liens, claims, encumbrances, royalty interests or
other restrictions or limitations of any nature whatsoever and all procedures,
techniques, marketing plans, business plans, methods of management or other
information utilized in connection with FishTheWorld’s business. Except as
set forth in the attached Schedules, no third party has any right to, and
FishTheWorld has not received any notice of infringement of or conflict with
asserted rights of others with respect to any product, technology, data, trade
secrets, know-how, proprietary techniques, trademarks, service marks, trade
names or copyrights which, singly or in the aggregate, if the subject of an
unfavorable decision, ruling or finding, would have a materially adverse affect
on the business, operations, financial conditions or income of FishTheWorld or
any material portion of its properties, assets or rights. 

        Section
2.7    Litigation and Proceedings.    There are no actions, suits or
proceedings pending or threatened by or against or affecting FishTheWorld, at
law or in equity, before any court or other governmental agency or
instrumentality, domestic or foreign or before any arbitrator of any kind that
would have a material adverse effect on the business, operations, financial
condition, income or business prospects of FishTheWorld. FishTheWorld does not
have any knowledge of any default on its part with respect to any judgement,
order, writ, injunction, decree, award, rule or regulation of any court,
arbitrator or governmental agency or instrumentality. 

        Section
2.8    Contracts.    On the Closing Date:

	 	(a)	
There are no material contracts, agreements, franchises, license
agreements, or other commitments to which FishTheWorld is a party or by which it
or any of its properties are bound;

	 	(b)	
FishTheWorld is not a party to any contract, agreement, commitment or instrument
or subject to any charter or other corporate restriction or any judgment, order,
writ, injunction, decree or award which materially and adversely affects, or in
the future may (as far as FishTheWorld can now foresee) materially and adversely
affect, the business, operations, properties, assets or conditions of FishTheWorld;
and

6

	 	(c)	
FishTheWorld is not a party to any material oral or written: (i) contract for
the employment of any officer or employee; (ii) profit sharing, bonus, deferred
compensation, stock option, severance pay, pension, benefit or retirement plan,
agreement or arrangement covered by Title IV of the Employee Retirement Income
Security Act, as amended; (iii) agreement, contract or indenture relating to the
borrowing of money; (iv) guaranty of any obligation for the borrowing of money
or otherwise, excluding endorsements made for collection and other guaranties of
obligations, which, in the aggregate exceeds $1,000; (v) consulting or other
contract with an unexpired term of more than one year or providing for payments
in excess of $10,000 in the aggregate; (vi) collective bargaining agreement;
(vii) contract, agreement, or other commitment involving payments by it for more
than $10,000 in the aggregate.

        Section
2.9    No Conflict With Other Instruments.    The execution of this
Agreement and the consummation of the transactions contemplated by this
Agreement will not result in the breach of any term or provision of, or
constitute an event of default under, any material indenture, mortgage, deed of
trust or other material contract, agreement or instrument to which FishTheWorld
is a party or to which any of its properties or operations are subject. 

        Section
2.10    Material Contract Defaults.    To the best of FishTheWorld’s
knowledge and belief, it is not in default in any material respect under the
terms of any outstanding contract, agreement, lease or other commitment which is
material to the business, operations, properties, assets or condition of
FishTheWorld, and there is no event of default in any material respect under any
such contract, agreement, lease or other commitment in respect of which
FishTheWorld has not taken adequate steps to prevent such a default from
occurring. 

        Section
2.11    Governmental Authorizations.    To the best of FishTheWorld’s
knowledge, FishTheWorld has all licenses, franchises, permits and other
governmental authorizations that are legally required to enable it to conduct
its business operations in all material respects as conducted on the date
hereof. Except for compliance with federal and state securities or corporation
laws, no authorization, approval, consent or order of, or registration,
declaration or filing with, any court or other governmental body is required in
connection with the execution and delivery by FishTheWorld of the transactions
contemplated hereby. 

        Section
2.12    Compliance With Laws and Regulations.    To the best of
FishTheWorld’s knowledge and belief, FishTheWorld has complied with all
applicable statutes and regulations of any federal, state or other governmental
entity or agency thereof, except to the extent that noncompliance would not
materially and adversely affect the business, operations, properties, assets or
condition of FishTheWorld or would not result in FishTheWorld ‘s incurring
any material liability. 

        Section
2.13    Insurance.    All of the insurable properties of FishTheWorld are
insured for FishTheWorld’s benefit under valid and enforceable policy or
policies containing substantially equivalent coverage and will be outstanding
and in full force at the Closing Date. 

        Section
2.14    Approval of Agreement.    The directors of FishTheWorld have authorized
the execution and delivery of the Agreement and have approved the transactions contemplated hereby.

7

        Section
2.15    Material Transactions or Affiliations.    As of the Closing Date,
there will exist no material contract, agreement or arrangement between
FishTheWorld and any person who was at the time of such contract, agreement or
arrangement an officer, director or person owning of record, or known by
FishTheWorld to own beneficially, ten percent (10%) or more of the issued and
outstanding Common Shares of FishTheWorld and which is to be performed in whole
or in part after the date hereof except with regard to an agreement with the
FishTheWorld shareholders providing for the distribution of cash to provide for
payment of federal and state taxes on Subchapter S income. FishTheWorld has no
commitment, whether written or oral, to lend any funds to, borrow any money from
or enter into any other material transactions with, any such affiliated person. 

        Section
2.16 Filings.    FishTheWorld covenants that it will assist Asturias in the
preparation of all filings required by the Securities Exchange Act in a timely
manner, including but not limited to, the filing of a Form 8K within fifteen
(15) days after the execution of this Agreement and the delivery of the audited
financial statements for FishTheWorld in sufficient time to allow for the filing
of an amended 8K with the audited financial statements within sixty (60) days
thereafter. 

ARTICLE IIIEXCHANGE

PROCEDURE AND OTHER CONSIDERATION

        Section
3.1    Share Exchange/Delivery of FishTheWorld Securities.    On the
Closing Date, the holders of all of the FishTheWorld Common Shares shall deliver
to Asturias (i) certificates or other documents evidencing all of the issued and
outstanding FishTheWorld Common Shares, duly endorsed in blank or with executed
power attached thereto in transferrable form. On the Closing Date, all
previously issued and outstanding Common Shares of FishTheWorld shall be
transferred to Asturias, so that FishTheWorld shall become a wholly owned
subsidiary of Asturias. 

        Section
3.2    Issuance of Asturias Common Shares.    In exchange for all of the
FishTheWorld Common Shares tendered pursuant to Section 3.1, Asturias shall
issue to the FishTheWorld shareholders a total of 9,000,000 Asturias common
shares which are restricted in accordance with Rule 144 of the 1933 Securities
Act. The 9,000,000 common shares shall be transferred to the FishTheWorld
shareholders in the following manner: 

	 	Jon Gundlach	8,871,000 shares;
	 	Paul Anselmo	15,000 shares; and
	 	David Donovan	15,000 shares.
	 	Beverly Ann Black	5,000 Shares
	 	Peter S. Dukuchitz III	5,000 Shares
	 	Robert F Foltz	5,000 Shares
	 	April Gorndt	5,000 Shares
	 	Juanita M Gundlach	5,000 Shares
	 	Mary Catherine Gundlach	5,000 Shares
	 	Sarah Elizabeth Gundlach	5,000 Shares
	 	William Gundlach IV	5,000 Shares
	 	William Gundlach III	5,000 Shares
	 	William Gundlach II	10,000 Shares
	 	Robert J Hanrahan	5,000 Shares
	 	Michael L. Mannix	5,000 Shares
	 	Jeffrey L Shaffer/ Dennis M Watson	5,000 Shares

8

	 	Anslow & Jaclin,LLP	25,000 shares
	 	Paul Hundredmark	1,000 shares
	 	Charles W. Randall	1,000 shares
	 	James Strauss	1,000 shares
	 	Frank Smith	1,000 shares

        Section
3.3    Events Prior to Closing.    Upon execution hereof or as soon
thereafter as practical, management of Asturias and FishTheWorld shall execute,
acknowledge and deliver (or shall cause to be executed, acknowledged and
delivered) any and all certificates, opinions, financial statements, schedules,
agreements, resolutions rulings or other instruments required by this Agreement
to be so delivered, together with such other items as may be reasonably
requested by the parties hereto and their respective legal counsel in order to
effectuate or evidence the transactions contemplated hereby, subject only to the
conditions to Closing referenced herein below. 

        Section
3.4    Closing.    The closing ("Closing") of the transactions contemplated by
this Agreement shall be on or about May 8, 2002 ("Closing Date").

        Section
3.5    Termination.

	 	(a)	
This Agreement may be terminated by the board of directors or majority interest
of Shareholders of either Asturias or FishTheWorld, respectively, at any time
prior to the Closing Date if:

	 	
(i)
there shall be any action or proceeding before any court or any governmental
body which shall seek to restrain, prohibit or invalidate the transactions
contemplated by this Agreement and which, in the judgement of such board of
directors, made in good faith and based on the advice of its legal counsel,
makes it inadvisable to proceed with the exchange contemplated by this
Agreement; or

	 	
(ii)
any of the transactions contemplated hereby are disapproved by any regulatory
authority whose approval is required to consummate such transactions.

        In
the event of termination pursuant to this paragraph (a) of this Section 3.5, no
obligation, right, or liability shall arise hereunder and each party shall bear
all of the expenses incurred by it in connection with the negotiation, drafting
and execution of this Agreement and the transactions herein contemplated. 

	 	(b)	
This Agreement may be terminated at any time prior to the Closing Date by action
of the board of directors of Asturias if FishTheWorld shall fail to comply in
any material respect with any of its covenants or agreements contained in this
Agreement or if any of the representations or warranties of FishTheWorld
contained herein shall be inaccurate in any material respect, which
noncompliance or inaccuracy is not cured after 20 days written notice thereof is
given to FishTheWorld. If this Agreement is terminated pursuant to this
paragraph (b) of this Section 3.5, this Agreement shall be of no further force
or effect and no obligation, right or liability shall arise hereunder.

	 	(c)	
This Agreement may be terminated at any time prior to the Closing Date by action
of the board of directors of FishTheWorld if Asturias shall fail to comply in
any material respect with
any of its covenants or agreements contained in this Agreement or if any of the
representations or warranties of Asturias contained herein shall be inaccurate
in any material respect, which noncompliance or inaccuracy is not cured after 20
days written notice thereof is given to Asturias. If this Agreement is
terminated pursuant to this paragraph (d) of this Section 3.5, this Agreement
shall be of no further force or effect and no obligation, right or liability
shall arise hereunder.

9

        In
the event of termination pursuant to paragraph (b) and (c) of this Section 3.5,
the breaching party shall bear all of the expenses incurred by the other party
in connection with the negotiation, drafting and execution of this Agreement and
the transactions herein contemplated. 

        Section
3.6    Directors of Asturias After Acquisition.    After the Closing Date,
John Gundlach shall become the sole director of Asturias and Peter Goldstein
will resign as Director of Asturias. Each director shall hold office until his
successor shall have been duly elected and shall have qualified or until his
earlier death, resignation or removal. 

        Section
3.7    Officers of Asturias .     Upon the closing, the following persons
shall be elected as officers of Asturias in accordance with procedures set forth
in the Asturias bylaws: 

	 	NAME	OFFICE
	 	John Gundlach	Chief Executive Officer, President

Secretary and Treasurer

ARTICLE IV

SPECIAL COVENANTS

        Section
4.1    Access to Properties and Records.    Prior to closing, Asturias and
FishTheWorld will each afford to the officers and authorized representatives of
the other full access to the properties, books and records of each other, in
order that each may have full opportunity to make such reasonable investigation
as it shall desire to make of the affairs of the other and each will furnish the
other with such additional financial and operating data and other information as
to the business and properties of each other, as the other shall from time to
time reasonably request. 

        Section
4.2    Availability of Rule 144.    Asturias and FishTheWorld shareholders
holding “restricted securities, ” as that term is defined in Rule 144
promulgated pursuant to the Securities Act will remain as “restricted
securities”. Asturias is under no obligation to register such shares under
the Securities Act, or otherwise. The stockholders of Asturias and FishTheWorld
holding restricted securities of Asturias and FishTheWorld as of the date of
this Agreement and their respective heirs, administrators, personal
representatives, successors and assigns, are intended third party beneficiaries
of the provisions set forth herein. The covenants set forth in this Section 4.2
shall survive the Closing and the consummation of the transactions herein
contemplated. 

        Section
4.3    Special Covenants and Representations Regarding the Asturias Common
Shares to be Issued in the Exchange.    The consummation of this Agreement,
including the issuance of the Asturias Common Shares to the Shareholders of
FishTheWorld as contemplated hereby, constitutes the offer and sale of
securities under the Securities Act, and applicable state statutes. Such
transaction shall be consummated in reliance on exemptions from the registration
and prospectus delivery requirements of such statutes which depend, inter alia,
upon the circumstances under which the FishTheWorld Shareholders acquire such securities.

10

        Section
4.4    Third Party Consents.    Asturias and FishTheWorld agree to
cooperate with each other in order to obtain any required third party consents
to this Agreement and the transactions herein contemplated. 

        Section
4.5    Actions Prior and Subsequent to Closing.

	 	(a)	
From and after the date of this Agreement until the Closing Date, except as
permitted or contemplated by this Agreement, Asturias and FishTheWorld will each
use its best efforts to: 

	 	
(i)
maintain and keep its properties in states of good repair and condition as at
present, except for depreciation due to ordinary wear and tear and damage due to
casualty; (ii) maintain in full force and effect insurance comparable in amount
and in scope of coverage to that now maintained by it; (iii) perform in all
material respects all of its obligations under material contracts, leases and
instruments relating to or affecting its assets, properties and business;

	 	(b)	
From and after the date of this Agreement until the Closing Date, Asturias will
not, without the prior consent of FishTheWorld: 

	 	
(i)
except as otherwise specifically set forth herein, make any change in its
articles of incorporation or bylaws; (ii) declare or pay any dividend on its
outstanding Common Shares, except as may otherwise be required by law, or effect
any stock split or otherwise change its capitalization, except as provided
herein; (iii) enter into or amend any employment, severance or agreements or
arrangements with any directors or officers; (iv) grant, confer or award any
options, warrants, conversion rights or other rights not existing on the date
hereof to acquire any Common Shares; or (v) purchase or redeem any Common
Shares.

        Section
4.6   Indemnification.

	 	(a)	
Asturias hereby agrees to indemnify FishTheWorld, each of the officers, agents
and directors and current shareholders of FishTheWorld as of the Closing Date
against any loss, liability, claim, damage or expense (including, but not
limited to, any and all expense whatsoever reasonably incurred in investigating,
preparing or defending against any litigation, commenced or threatened or any
claim whatsoever), to which it or they may become subject to or rising out of or
based on any inaccuracy appearing in or misrepresentation made in this
Agreement. The indemnification provided for in this paragraph shall survive the
Closing and consummation of the transactions contemplated hereby and termination
of this Agreement; and

	 	(b)	
FishTheWorld hereby agrees to indemnify Asturias, each of the officers, agents,
directors and current shareholders of Asturias as of the Closing Date against
any loss, liability, claim, damage or expense (including, but not limited to,
any and all expense whatsoever reasonably incurred in investigating, preparing
or defending against any litigation, commenced or threatened or any claim
whatsoever), to which it or they may become subject arising out of or based on
any inaccuracy appearing in or misrepresentation made
in this Agreement. The indemnification provided for in this paragraph shall
survive the Closing and consummation of the transactions contemplated hereby and
termination of this Agreement.

11

ARTICLE V 

CONDITIONS PRECEDENT TO OBLIGATIONS OF ASTURIAS

        The
obligations of Asturias under this Agreement are subject to the satisfaction, at
or before the Closing Date, of the following conditions: 

        Section
5.1    Accuracy of Representations.    The representations and warranties
made by Asturias in this Agreement were true when made and shall be true at the
Closing Date with the same force and effect as if such representations and
warranties were made at the Closing Date (except for changes therein permitted
by this Agreement), and Asturias shall have performed or compiled with all
covenants and conditions required by this Agreement to be performed or complied
with by Asturias prior to or at the Closing. FishTheWorld shall be furnished
with a certificate, signed by a duly authorized officer of Asturias and dated
the Closing Date, to the foregoing effect. 

        Section
5.2    Director Approval.    The Board of Directors of Asturias shall have approved
this Agreement and the transactions contemplated herein.

        Section
5.3   Officer’s Certificate.    FishTheWorld shall have been
furnished with a certificate dated the Closing Date and signed by a duly
authorized officer of Asturias to the effect that: (a) the representations and
warranties of Asturias set forth in the Agreement and in all Exhibits, Schedules
and other documents furnished in connection herewith are in all material
respects true and correct as if made on the Effective Date; (b) Asturias has
performed all covenants, satisfied all conditions, and complied with all other
terms and provisions of this Agreement to be performed, satisfied or complied
with by it as of the Effective Date; (c) since such date and other than as
previously disclosed to FishTheWorld, Asturias has not entered into any material
transaction other than transactions which are usual and in the ordinary course
if its business; and (d) no litigation, proceeding, investigation or inquiry is
pending or, to the best knowledge of Asturias, threatened, which might result in
an action to enjoin or prevent the consummation of the transactions contemplated
by this Agreement or, to the extent not disclosed in the Asturias Schedules, by
or against Asturias which might result in any material adverse change in any of
the assets, properties, business or operations of Asturias. 

        Section
5.4    No Material Adverse Change.    Prior to the Closing Date, there
shall not have occurred any material adverse change in the financial condition,
business or operations of nor shall any event have occurred which, with the
lapse of time or the giving of notice, may cause or create any material adverse
change in the financial condition, business or operations of Asturias. 

        Section
5.5    Other Items.    FishTheWorld shall have received such further documents,
certificates or instruments relating to the transactions contemplated hereby as FishTheWorld may
reasonably request.

ARTICLE VI
CONDITIONS
PRECEDENT TO OBLIGATIONS OF FISHTHEWORLD

        The
obligations of FishTheWorld under this Agreement are subject to the
satisfaction, at or before the Closing date (unless otherwise indicated herein),
of the following conditions: 

12

        Section
6.1    Accuracy of Representations.    The representations and warranties
made by FishTheWorld in this Agreement were true when made and shall be true as
of the Closing Date (except for changes therein permitted by this Agreement)
with the same force and effect as if such representations and warranties were
made at and as of the Closing Date, and FishTheWorld shall have performed and
complied with all covenants and conditions required by this Agreement to be
performed or complied with by FishTheWorld prior to or at the Closing. Asturias
shall have been furnished with a certificate, signed by a duly authorized
executive officer of FishTheWorld and dated the Closing Date, to the foregoing
effect. 

        Section
6.2    Director Approval.    The Board of Directors of FishTheWorld shall have
approved this Agreement and the transactions contemplated herein.

        Section
6.3   Officer’s Certificate.    Asturias shall be furnished with a
certificate dated the Closing date and signed by a duly authorized officer of
FishTheWorld to the effect that: (a) the representations and warranties of
FishTheWorld set forth in the Agreement and in all Exhibits, Schedules and other
documents furnished in connection herewith are in all material respects true and
correct as if made on the Effective Date; and (b) FishTheWorld had performed all
covenants, satisfied all conditions, and complied with all other terms and
provisions of the Agreement to be performed, satisfied or complied with by it as
of the Effective Date. 

        Section
6.4    No Material Adverse Change.    Prior to the Closing Date, there
shall not have occurred any material adverse change in the financial condition,
business or operations of nor shall any event have occurred which, with the
lapse of time or the giving of notice, may cause or create any material adverse
change in the financial condition, business or operations of FishTheWorld. 

ARTICLE VII
MISCELLANEOUS

        Section
7.1    Brokers and Finders.    Each party hereto hereby represents and
warrants that it is under no obligation, express or implied, to pay certain
finders in connection with the bringing of the parties together in the
negotiation, execution, or consummation of this Agreement. The parties each
agree to indemnify the other against any claim by any third person for any
commission, brokerage or finder’s fee or other payment with respect to this
Agreement or the transactions contemplated hereby based on any alleged agreement
or understanding between the indemnifying party and such third person, whether
express or implied from the actions of the indemnifying party. 

        Section
7.2    Law, Forum and Jurisdiction.    This Agreement shall be construed and
interpreted in accordance with the laws of the State of Florida, United States of America.

        Section
7.3    Notices.    Any notices or other communications required or
permitted hereunder shall be sufficiently given if personally delivered to it or
sent by registered mail or certified mail, postage prepaid, or by prepaid
telegram addressed as follows: 

	 	If to Asturias :	Anslow & Jaclin, LLP

4400 Route 9, 2nd Floor
Freehold, New Jersey 07728

13

	 	If to FishTheWorld :	 

or such other addresses as
shall be furnished in writing by any party in the manner for giving notices
hereunder, and any such notice or communication shall be deemed to have been
given as of the date so delivered, mailed or telegraphed. 

        Section
7.4    Attorneys’ Fees.    In the event that any party institutes any
action or suit to enforce this Agreement or to secure relief from any default
hereunder or breach hereof, the breaching party or parties shall reimburse the
non-breaching party or parties for all costs, including reasonable
attorneys’ fees, incurred in connection therewith and in enforcing or
collecting any judgment rendered therein. 

        Section
7.5    Confidentiality.    Each party hereto agrees with the other party
that, unless and until the transactions contemplated by this Agreement have been
consummated, they and their representatives will hold in strict confidence all
data and information obtained with respect to another party or any subsidiary
thereof from any representative, officer, director or employee, or from any
books or records or from personal inspection, of such other party, and shall not
use such data or information or disclose the same to others, except: (i) to the
extent such data is a matter of public knowledge or is required by law to be
published; and (ii) to the extent that such data or information must be used or
disclosed in order to consummate the transactions contemplated by this
Agreement. 

        Section
7.6    Schedules; Knowledge.    Each party is presumed to have full knowledge
of all information set forth in the other party's schedules delivered pursuant to this Agreement.

        Section
7.7    Third Party Beneficiaries.    This contract is solely between
Asturias and FishTheWorld and except as specifically provided, no director,
officer, stockholder, employee, agent, independent contractor or any other
person or entity shall be deemed to be a third party beneficiary of this
Agreement. 

        Section
7.8    Entire Agreement.    This Agreement represents the entire agreement
between the parties relating to the subject matter hereof. This Agreement alone
fully and completely expresses the agreement of the parties relating to the
subject matter hereof. There are no other courses of dealing, understanding,
agreements, representations or warranties, written or oral, except as set forth
herein. This Agreement may not be amended or modified, except by a written
agreement signed by all parties hereto. 

        Section
7.9    Survival; Termination.    The representations, warranties and covenants
of the respective parties shall survive the Closing Date and the consummation of the transactions
herein contemplated for 18 months.

        Section
7.10    Counterparts.    This Agreement may be executed in multiple
counterparts, each of which shall be deemed an original and all of which taken together shall be
but a single instrument.

        Section
7.11     Amendment or Waiver.    Every right and remedy provided herein
shall be cumulative with every other right and remedy, whether conferred herein,
at law, or in equity, and may be enforced concurrently herewith, and no waiver
by any party of the performance of any obligation by the other shall be
construed as a waiver of the same or any other default then, theretofore, or
thereafter occurring or existing. At any time prior to the Closing Date, this 

14

Agreement may be amended by
a writing signed by all parties hereto, with respect to any of the terms
contained herein, and any term or condition of this Agreement may be waived or
the time for performance hereof may be extended by a writing signed by the party
or parties for whose benefit the provision is intended. 

        Section
7.12    Expenses.    Each party herein shall bear all of their respective
cost s and expenses incurred in connection with the negotiation of this
Agreement and in the consummation of the transactions provided for herein and
the preparation thereof. 

        Section
7.13    Headings; Context.    The headings of the sections and paragraphs
contained in this Agreement are for convenience of reference only and do not
form a part hereof and in no way modify, interpret or construe the meaning of
this Agreement. 

        Section
7.14    Benefit.    This Agreement shall be binding upon and shall inure
only to the benefit of the parties hereto, and their permitted assigns
hereunder. This Agreement shall not be assigned by any party without the prior
written consent of the other party. 

        Section
7.15    Public Announcements.    Except as may be required by law, neither
party shall make any public announcement or filing with respect to the
transactions provided for herein without the prior consent of the other party
hereto. 

        Section
7.16    Severability.    In the event that any particular provision or
provisions of this Agreement or the other agreements contained herein shall for
any reason hereafter be determined to be unenforceable, or in violation of any
law, governmental order or regulation, such unenforceability or violation shall
not affect the remaining provisions of such agreements, which shall continue in
full force and effect and be binding upon the respective parties hereto. 

        Section
7.17    Failure of Conditions; Termination.    In the event of any of the
conditions specified in this Agreement shall not be fulfilled on or before the
Closing Date, either of the parties have the right either to proceed or, upon
prompt written notice to the other, to terminate and rescind this Agreement. In
such event, the party that has failed to fulfill the conditions specified in
this Agreement will liable for the other parties legal fees. The election to
proceed shall not affect the right of such electing party reasonably to require
the other party to continue to use its efforts to fulfill the unmet conditions. 

        Section
7.18    No Strict Construction.    The language of this Agreement shall be
construed as a whole, according to its fair meaning and intendment, and not
strictly for or against either party hereto, regardless of who drafted or was
principally responsible for drafting the Agreement or terms or conditions
hereof. 

        Section
7.19    Execution Knowing and Voluntary.    In executing this Agreement,
the parties severally acknowledge and represent that each: (a) has fully and
carefully read and considered this Agreement; (b) has been or has had the
opportunity to be fully apprized by its attorneys of the legal effect and
meaning of this document and all terms and conditions hereof; (c) is executing
this Agreement voluntarily, free from any influence, coercion or duress of any
kind. 

        Section
7.20    Amendment.    At any time after the Closing Date, this Agreement may be
amended by a writing signed by both parties, with respect to any of the terms
contained herein, and any term or condition of this Agreement may be waived or
the time for performance hereof may be extended by a writing signed by the party
or parties for whose benefit the provision is intended. 

15

        Section
7.21    Conflict of Interest.    Both FishtheWorld and Asturias understand that
Anslow & Jaclin, LLP is representing both parties in this transaction which
represents a conflict of interest Both FishtheWorld and Asturias have the right
to different counsel due to this conflict of interest. Notwithstanding the
above, both FishtheWorld and Asturias agrees to waive this conflict and have
Anslow & Jaclin, LLP represent both parties in the above-referenced
transaction. Both FishtheWorld and Asturias agree to hold this law firm harmless
from any and all liabilities that may occur or arise due to this conflict. 

16

        IN
WITNESS WHEREOF, the corporate parties hereto have caused this Agreement to be
executed by their respective officers, hereunto duly authorized, and entered into as of the date first
above written.

	ATTEST:

	ASTURIAS INDUSTRIES, INC.

By: /s/ Peter Goldstein

	 

	 

	ATTEST:

	FISHTHEWORLD.COM, INC.

By: /s/ Jon Gundlach

	 

	 

	 

	FISHTHEWORLD.COM,  INC. SHAREHOLDERS

	 

	 

	 

	 

	 

	 

17Exhibit 10.1

                           STOCK PURCHASE AGREEMENT

                          DATED AS OF JULY 23, 2002

                             TABLE OF CONTENTS
                                                                    Page
                                ARTICLE I

SALE OF STOCK......................................................  4
  Section 1.1 Sale of Stock........................................  4
  Section 1.2 Price................................................  4
  Section 1.3 Closing..............................................  5

                                ARTICLE II

REPRESENTATIONS OF SELLERS.........................................  5
  Section 2.1 Ownership of Stock...................................  5
  Section 2.2 Authorization and Validity of Agreement..............  5
  Section 2.3 Consents and Approvals; No Violations................  5
  Section 2.4 Existence and Good Standing..........................  6
  Section 2.5 Capital Stock........................................  6
  Section 2.6 Subsidiaries.........................................  7
  Section 2.7 Financial Statements.................................  7
  Section 2.8 Securities Filings...................................  7
  Section 2.9 Indebtedness.........................................  7
  Section 2.10 Litigation..........................................  8
  Section 2.11 Taxes...............................................  8
  Section 2.12 Broker's or Finder's Fees...........................  8
  Section 2.13 Transactions with Affiliates........................  8
  Section 2.14 Accuracy of Information.............................  8

                               ARTICLE III

REPRESENTATIONS OF PURCHASER.......................................  8
  Section 3.1 Existence and Good Standing of Purchaser;
              Authorization........................................  8
  Section 3.2 Consents and Approvals; No Violations................  8
  Section 3.3 Purchase for Investment..............................  9
  Section 3.4 Available Funds......................................  9
  Section 3.5 Litigation...........................................  9
  Section 3.6 No Outside Reliance..................................  9
  Section 3.7 Broker's or Finder's Fees............................  9
  Section 3.8 Accuracy of Information.............................. 10

                              ARTICLE IV
CERTAIN AGREEMENTS................................................. 10
  Section 4.1 Reasonable Best Efforts.............................. 10
  Section 4.2 Payment of Pre-Closing Accounts Payable.............. 10

                              ARTICLE V

CONDITIONS TO PURCHASER'S OBLIGATIONS.............................. 10
  Section 5.1 Truth of Representations and Warranties.............. 10
  Section 5.2 Performance of Agreements............................ 11
  Section 5.3 No Injunction........................................ 11
  Section 5.4 No Litigation........................................ 11
  Section 5.5 Delivery of Books and Records........................ 11

                             ARTICLE VI

CONDITIONS TO SELLERS' OBLIGATIONS................................. 11
  Section 6.1 Truth of Representations and Warranties.............. 11
  Section 6.2 Performance of Agreements............................ 11
  Section 6.3 No Injunction........................................ 12

                             ARTICLE VII

SURVIVAL OF REPRESENTATIONS; INDEMNIFICATION....................... 12
  Section 7.1 Survival of Representations.......................... 12
  Section 7.2 Indemnities.......................................... 12

                             ARTICLE VIII

MISCELLANEOUS...................................................... 14
  Section 8.1 Expenses............................................. 14
  Section 8.2 Governing Law; Consent to Jurisdiction............... 14
  Section 8.3 Captions............................................. 14
  Section 8.4 Notices.............................................. 14
  Section 8.5 Parties in Interest.................................. 15
  Section 8.6 Counterparts......................................... 15
  Section 8.7 Entire Agreement..................................... 15

                                     3

                         STOCK PURCHASE AGREEMENT

     STOCK PURCHASE AGREEMENT (this "Agreement") dated as of July
23, 2002 by and among FN Stockbrokers, Greg Moffit, Joe Moreland,
Robert Price, Stacey Van Steenhouse, Premier International
Holdings, Inc. Time Capital Corporation, Wingate Asset Management
and Nine Trees Corporation (collectively, the "Purchasers") and
Lala Cartledge, Joseph Lindquist and Julia Reynolds
(collectively, the "Sellers").

                          W I T N E S S E T H :

     WHEREAS, Sellers are the owners of an aggregate of
25,000,000 shares of the issued and outstanding Common Stock, par
value $.001 per share (the "Stock"), of Calwest Ventures, Inc. a
corporation organized under the laws of the State of Nevada (the
"Company").

     WHEREAS, Sellers desire to sell, and Purchasers desires to
purchase, 11,000,000 shares of the Stock pursuant to this
Agreement and have 14,000,000 shares of the Stock cancelled in
consideration of said sale and purchase; and

     NOW, THEREFORE, IT IS AGREED:

                                 ARTICLE I

                               SALE OF STOCK

          Section 1.1 Sale of Stock. Subject to the terms and
conditions herein stated, Sellers agree to sell, assign, transfer
and deliver to Purchasers on the Closing Date, and Purchasers
agree to purchase from Sellers on the Closing Date, 11,000,000 of
the shares of Stock. The certificate(s) representing the Stock shall
be transferred to Purchasers by instruction from Sellers to U.S.
Stock Transfer Corporation, the Company's transfer agent (the
"Transfer Agent") as indicated herein. Sellers further agree to
simultaneously cancel the issuance of 14,000,000 of the shares of
Stock.

          Section 1.2 Price. On the Closing Date, Purchasers
shall pay to Sellers the amount of $220,000 (the "Purchase
Price"). On the Closing Date as defined herein, the Purchase
Price of $220,000 shall be paid to Kennan Kaeder as escrow agent
(the "Escrow Agent") by wire transfer to the Escrow Agent's trust
account, and the Sellers shall deliver 11,000,000 shares of the
Stock to the Transfer Agent, duly endorsed for transfer to
Purchasers as set forth herein, and shall further instruct the
Transfer Agent to cancel 14,000,000 of the shares of Stock.
Sellers shall instruct the Transfer Agent to distribute the
11,000,000 shares of Stock to Purchasers in accordance with the
following schedule:

                                     4

       |--------------------------------------------------------|
       |Purchaser Name                          Amount of Shares|
       |--------------------------------------------------------|
       |FN Stockbrokers                                1,000,000|
       |--------------------------------------------------------|
       |Greg Moffit                                    1,600,000|
       |--------------------------------------------------------|
       |Jon Moreland                                   1,600,000|
       |--------------------------------------------------------|
       |Robert Price                                   1,000,000|
       |--------------------------------------------------------|
       |Stacey Van Steenhouse                            300,000|
       |--------------------------------------------------------|
       |Premier International Holdings, Inc            1,500,000|
       |--------------------------------------------------------|
       |Time Capital Corporation                       2,500,000|
       |--------------------------------------------------------|
       |Wingate Asset Management                       1,350,000|
       |--------------------------------------------------------|
       |Nine Trees Corporation                           150,000|
       |--------------------------------------------------------|

          Upon the Closing, Escrow Agent shall release the
Sellers' proceeds to Sellers and shall deliver the Stock to the
Transfer Agent for transfer to Purchasers as set forth herein.
Lala Cartledge shall thereon resign as the Company's director.

          Section 1.3 Closing. The closing of the Sale referred
to in Section 1.1 (the "Closing") shall take place at 5:00 p.m.
Pacific Standard Time on July 23, 2002.  Such time and date are
herein referred to as the "Closing Date."

                                 ARTICLE II

                         REPRESENTATIONS OF SELLERS

          Each Seller, jointly and severally, represent and
warrant as follows:

          Section 2.1 Ownership of Stock. Sellers are the lawful
owners of all of the shares of Common Stock to be sold to the
Purchasers or its designees, which shall be free and clear of all
liens, encumbrances, restrictions and claims of every kind and
character, other than any of the foregoing arising from actions by
Purchasers ("Encumbrances") as of the Closing referenced below.
The delivery to Purchasers of the Stock pursuant to the provisions
of this Agreement will transfer to Purchasers valid title thereto,
free and clear of any and all Encumbrances.

          Section 2.2 Authorization and Validity of Agreement.
Sellers have full power and authority (corporate or otherwise) to
execute and deliver this Agreement, to perform their obligations
hereunder and to consummate the transactions contemplated hereby.
This Agreement has been duly executed and delivered by Sellers and,
assuming the due execution of this Agreement by Purchasers, is a
valid and binding obligation of each Seller, enforceable against
each Seller in accordance with its terms, except to the extent that
its enforceability may be subject to applicable bankruptcy,
insolvency, reorganization and similar laws affecting the
enforcement of creditors' rights generally and to general
equitable principles.

          Section 2.3 Consents and Approvals; No Violations. The
execution and delivery of this Agreement by Sellers and the consummation
by Sellers of the sale of the Stock as contemplated

                                     5

herein and the other transactions contemplated hereby (the "Sale") (a)
will not violate the provisions of the Articles of Incorporation or
Bylaws of the Company, (b) will not violate any statute, rule, regulation,
order or decree of any public body or authority by which any Seller, the
Company or any Subsidiary (as hereinafter defined) is bound or by which
any of their respective properties or assets are bound, (c) will not
require any filing with, or permit, consent or approval of, or the giving
of any notice to, any United States governmental or regulatory body,
agency or authority on or prior to the Closing Date (as defined
in Section 1.3), and (d) will not result in a violation or breach
of, conflict with, constitute (with or without due notice or
lapse of time or both) a default (or give rise to any right of
termination, cancellation, payment or acceleration) under, or
result in the creation of any Encumbrance upon any of the
properties or assets of any Sellers, the Company or any
Subsidiary under, any of the terms, conditions or provisions of
any note, bond, mortgage, indenture, license, franchise, permit,
agreement, lease, franchise agreement or any other instrument or
obligation to which any Seller, the Company or any Subsidiary is
a party, or by which they or any of their respective properties
or assets may be bound.

          Section 2.4 Existence and Good Standing. (a) The
Company is a corporation duly organized, validly existing and in
good standing under the laws of the State of Florida and has all
requisite corporate power and authority to own, lease and operate
its properties and to carry on its business as now being conducted.
The Company is duly qualified or licensed as a foreign corporation
to conduct its business, and is in good standing in each
jurisdiction in which the character or location of the property
owned, leased or operated by it or the nature of the business
conducted by it makes such qualification necessary, except where
the failure to be so duly qualified or licensed would not have a
Material Adverse Effect. The term "Material Adverse Effect" means
any circumstance, change in or effect on the Company or any of its
Subsidiaries that is materially adverse to the business, operations,
properties, financial condition or results of operations of the
Company and its Subsidiaries, taken as a whole.

          (b) Each Subsidiary is a corporation duly organized, validly
existing and is in good standing under the laws of its own
jurisdiction of incorporation and has all requisite corporate power
and authority to own, lease and operate its properties and to
carry on its business as now being conducted. Each Subsidiary is
duly qualified or licensed as a foreign corporation to do
business and, to the extent such concept is applicable, is in
good standing in each jurisdiction in which the character or
location of the property owned, leased or operated by it or the
nature of the business conducted by it makes such qualification
necessary, except where the failure to be so qualified or
licensed would not have a Material Adverse Effect. As used in
this Agreement (i) "Subsidiary" shall mean any Person of which
the Company (either alone or together with other Subsidiaries of
the Company) owns, directly or indirectly, more than 50% of the
stock or other equity interests that are generally entitled to
vote for the election of the board of directors or other
governing body of such Person and (ii) "Person" shall mean and
include an individual, a partnership, a joint venture, a
corporation, a limited liability company, a trust, an
unincorporated organization and a government or other department
or agency thereof.

          Section 2.5 Capital Stock. The Company has an
authorized capitalization consisting

                                     6

of 100,000,000 shares of Common Stock, par value $.001 per share,
of which 29,990,000 shares are issued and outstanding as of the
date hereof; and 10,000,000 shares of preferred stock, of which no
shares are outstanding as of the date hereof.  All such outstanding
shares have been duly authorized and validly issued and are fully
paid and nonassessable. There are no outstanding subscriptions,
options, warrants, rights, calls, commitments, conversion rights,
rights of exchange, plans or other agreements providing for the
purchase, issuance or sale of any shares of the capital stock of
the Company.

          Section 2.6 Subsidiaries. The Company has no subsidiaries.

          Section 2.7 Financial Statements. Sellers have caused
to be published on the Securities Exchange Commission ("SEC")
EDGAR database the Company's most recent financial statements as
required by the Securities Exchange Act of 1934. The Financial
Statements, including the footnotes thereto have been prepared in
accordance with generally accepted accounting principles and
fairly present in all material respects the financial position of
the Company and the results of their operations and cash flows at
such dates and for such periods. Since March 31, 2002, there has
been no material adverse change in the financial condition,
operations, or business of the Company or any of its
Subsidiaries.

          Section 2.8 Securities Filings. The Company has filed
all forms, reports, statements and other documents required to be
filed with the SEC, including, without limitation, (A) all Annual
Reports on Form 10-KSB, (B) all Quarterly Reports on Form 10-QSB,
(C) all proxy statements relating to meetings of shareholders
(whether annual or special), (D) all Reports on Form 8-K, (E) all
other reports or registration statements and (F) all amendments
and  supplements to all such reports to the date hereof
(collectively, the "SEC Reports"). The SEC Reports (i) were
prepared in all material respects in accordance with the
requirements of the Securities Act of 1933 as amended (the "1933
Act") and the Securities Exchange Act of 1934 as amended, and the
rules and regulations of the SEC thereunder applicable to such
SEC Reports and (ii) did not at the time they were filed and as
of the date hereof, and, with respect to registration statements
as of their effective dates, contain any untrue statement of a
material fact or omit to state a material fact required to be
stated therein or necessary in order to make the statements
therein, in the light of the circumstances under which they were
made, not misleading.

          Section 2.9 Indebtedness. As of the date of Closing,
the Company will have no outstanding Indebtedness of any kind
(including contingent obligations, tax assessments and unusual
forward or long-term commitments). For purposes of this
Agreement, "Indebtedness" shall mean any obligation for borrowed
money, including without limitation (A) any obligation owed for
all or any part of the purchase price of capital assets, (B)
accounts payable included in current liabilities outstanding for
more than one hundred twenty (120) days and incurred in respect
of property purchased in the ordinary course of business, (C) any
obligations secured by any lien in respect of property even
though the person owning the property has not assumed or become
liable for the payment of such obligation, (D) any guarantee with
respect to any of the foregoing indebtedness of another person, and
(E) obligations in respect of letters of credit.

                                     7

          Section 2.10 Litigation. There are no (i) actions, suits or
legal, equitable, arbitrative or administrative proceedings pending,
or to the Knowledge of the Company, threatened against the Company or
any of its Subsidiaries or (ii) judgements, injunctions, writs, rulings
or orders by any Governmental Person against the Company or any of its
Subsidiaries.

          Section 2.11 Taxes. The Company has filed all Federal,
state and foreign income tax returns and all other material tax
returns that are required to be filed by it and has paid all
taxes due pursuant to such returns or pursuant to any assessment
received by it in writing and all other related penalties and
charges. The Company has not been notified of any penalties or
charges owing. The charges, accruals and reserves on the other
governmental charges are, in the opinion of the Company,
adequate. The Company has not given or been requested to give a
waiver of the statute of limitations relating to the payment of
Federal or other taxes.

          Section 2.12 Broker's or Finder's Fees. No agent, broker,
firm or other Person acting on behalf of Sellers or the Company is,
or will be, entitled to any commission or broker's or finder's
fees from any of the parties hereto, or from any Person controlling,
controlled by or under common control with any of the parties hereto,
in connection with any of the transactions contemplated herein.

          Section 2.13 Transactions with Affiliates.  There are
no outstanding obligations or transactions with Affiliates of the
Company. As used in this Agreement, an "Affiliate" shall mean any
Person directly or indirectly controlling, controlled by or under
direct or indirect common control with another Person, or any
relative (including by marriage) of a Person.

          Section 2.14 Accuracy of Information. None of the
representations and warranties of Sellers contained herein or in
the documents furnished by them pursuant hereto contain any
material misstatement of fact, or omit to state any material fact
necessary to make the statements herein or therein in light of
the circumstances in which they were made not misleading.

                                ARTICLE III

                       REPRESENTATIONS OF PURCHASERS

          Purchasers represent and warrant as follows:

          Section 3.1 Existence and Good Standing of Purchasers;
Authorization.

          (a) Purchasers who are a corporation are duly
organized, validly existing and in good standing under the laws
of their place of incorporation.

          (b) Purchasers have full power and authority to execute
and deliver this Agreement, to perform its obligations hereunder
and to consummate the transactions contemplated hereby.

          Section 3.2 Consents and Approvals; No Violations. The
execution and delivery of

                                     8

this Agreement or any of the Ancillary Documents by Purchasers and
the consummation of the transactions contemplated hereby (a) will
not violate any provisions of the Certificate of Incorporation or
Bylaws of Purchasers, (b) will not violate any statute, rule,
regulation, order or decree of any public body or authority by
which Purchaser is bound or by which any of its properties or assets
are bound, (c) will not require any filing with, or permit, consent
or approval of, or the giving of any notice to, any governmental or
regulatory body, agency or authority on or prior to the Closing Date
and (d) will not result in a violation or breach of, conflict with,
constitute (with or without due notice or lapse of time or both) a
default (or give rise to any right of termination, cancellation,
payment or acceleration) under, or result in the creation of any
Encumbrance upon any of the properties or assets of Purchaser under
any of the terms, conditions or provisions of any note, bond,
mortgage, indenture, license, franchise, permit, agreement, lease,
franchise agreement or any other instrument or obligation to
which Purchaser is a party, or by which it or any of its
properties or assets may be bound.

          Section 3.3 Purchase for Investment. Purchasers and
their assigns or designees will acquire the Stock solely for
their own account for investment purposes only and not with a
view toward any resale or distribution thereof. Purchaser agrees
that the Stock may not be sold, transferred, offered for sale,
pledged, hypothecated or otherwise disposed of without
registration under the Securities Act of 1933, as amended, except
pursuant to an exemption from such registration available under
such Act, and without compliance with the securities laws of
other jurisdictions, to the extent applicable. Purchaser and its
assigns or designees have such knowledge and experience in
financial and business matters that they are capable of
evaluating the merits and risks of its purchase of the Stock.
Purchaser confirms that the Company and Sellers have made
available to Purchaser the opportunity to ask questions of the
officers and management employees of the Company and to acquire
additional information about the business and financial condition
of the Company and its Subsidiaries.

          Section 3.4 Available Funds. Purchasers will have on
the Closing Date sufficient funds to perform all of its
obligations under this Agreement, including, without limitation,
to make the payments required hereunder described in Section 1.2
hereto.

          Section 3.5 Litigation. There is no action, suit or
proceeding, at law or in equity by any Person or any arbitration
or any administrative or other proceeding before any governmental
body or instrumentality or agency, pending or, to the knowledge
of the Purchaser, threatened in writing, which is reasonably
likely to have a material adverse effect on Purchasers' ability
to consummate the Sale and the other transactions contemplated by
this Agreement.

          Section 3.6 No Outside Reliance. Purchaser has not
relied and is not relying upon any statement or representation not
made in this Agreement or a Schedule hereto or in any certificate
or document required to be provided by the Company or the Sellers
pursuant to this Agreement.

          Section 3.7 Broker's or Finder's Fees. No agent, broker,
firm or other Person acting on behalf of Purchaser is, or will be,
entitled to any commission or broker's or finder's fees from any

                                     9

of the parties hereto, or from any Person controlling, controlled
by or under common control with any of the parties hereto, in
connection with any of the transactions contemplated herein.

          Section 3.8 Accuracy of Information. None of the
representations and warranties of Purchaser contained herein or in
the documents furnished pursuant hereto contain any material
misstatement of fact, or omit to state any material fact necessary
to make the statements herein or therein in light of the circumstances
in which they were made not misleading.

                                 ARTICLE IV

                            CERTAIN AGREEMENTS

          Section 4.1 Reasonable Best Efforts. Each of the
parties hereto agrees to use its reasonable best efforts to take,
or cause to be taken, all action to do or cause to be done, and
to assist and cooperate with the other party hereto in doing, all
things necessary, proper or advisable to consummate and make
effective, in the most expeditious manner practicable, the
transactions contemplated by this Agreement, including, but not
limited to, (a) the obtaining of all necessary waivers, consents and
approvals from governmental or regulatory agencies or authorities
and the making of all necessary registrations and filings and the
taking of all reasonable steps as may be necessary to obtain any
approval or waiver from, or to avoid any action or proceeding by,
any governmental agency or authority, (b) the obtaining of all
necessary consents, approvals or waivers from third parties and
(c) the defending of any lawsuits or any other legal proceedings,
whether judicial or administrative, challenging this Agreement or
the consummation of the transactions contemplated hereby,
including, without limitation, seeking to have any temporary
restraining order entered by any court or administrative
authority vacated or reversed.

          Section 4.2 Payment of Pre-Closing Accounts Payable.
Sellers shall pay all liabilities, claims, damages, encumbrances,
taxes, accounts payable or other Indebtedness of the Company
existing on or prior to the Closing Date, including, without
limitation, the accounts payable and Indebtedness set forth on
Schedule 2.9; provided, further, that in no event shall the
Sellers be required to pay in excess of the sum of (i) the
aggregate amount of any and all unpaid minimum corporate tax
liabilities of the Company for all periods prior to the Closing
Date.

                                 ARTICLE V

                   CONDITIONS TO PURCHASER'S OBLIGATIONS

          The purchase of the Stock by Purchaser on the Closing
Date is conditioned upon the satisfaction or waiver, at or prior
to the consummation of the Sale, of the following conditions:

          Section 5.1 Truth of Representations and Warranties.
The representations and warranties of Sellers contained in this
Agreement or in any Schedule delivered pursuant hereto shall
be true and correct in all material respects on and as of the
Closing Date with the same effect as

                                     10

though such representations and warranties have been made on and
as of such date (except to the extent that any such representation
and warranty is stated in this Agreement to be made as of a
specific date, in which case such representation and warranty
shall be true and correct as of such specified date).

          Section 5.2 Performance of Agreements. Each and all of
the agreements of Sellers to be performed at or prior to the
Closing Date pursuant to the terms hereof shall have been duly
performed in all material respects.

          Section 5.3 No Injunction. No court or other government
body or public authority shall have issued an order which shall
then be in effect restraining or prohibiting the completion of
the transactions contemplated hereby.

          Section 5.4 No Litigation. There shall not be any
action, suit or proceeding pending or threatened that seeks to
(i) make the consummation of the transactions contemplated hereby
illegal or otherwise restrict or prohibit consummation thereof or
(ii) require the divestiture by Purchaser or any of its
subsidiaries or Affiliates of shares of stock or of any business,
assets or property of any of its subsidiaries or Affiliates, or
impose any material limitation on the ability of any of them to
conduct their business or to own or exercise control of such
assets, properties or stock and which, in either case, in the
reasonable, good faith determination of Purchaser has a
significant likelihood of having a material adverse effect on
Purchaser.

          Section 5.5 Delivery of Books and Records. Sellers
shall deliver true and complete copies of all books and records
of the Company, including, without limitation, minute books,
certified copies of organizational documents (Articles, Bylaws,
etc.), accountant's work papers, stock transfer books and
ledgers, a certified shareholder list dated as of a date within
five days of the closing date, a current DTC report, and all
other operational and administrative records.

                                ARTICLE VI

                    CONDITIONS TO SELLERS' OBLIGATIONS

          The sale of the Stock by Sellers on the Closing Date is
conditioned upon satisfaction or waiver, at or prior to the
consummation of the Sale of the following conditions:

          Section 6.1 Truth of Representations and Warranties.
The representations and warranties of Purchaser contained in this
Agreement or in any Ancillary Document shall be true and correct
in all material respects on and as of the Closing Date with the
same effect as though such representations and warranties had been
made on and as of such date, and Purchaser shall have delivered to
Seller a certificate, dated the Closing Date, to such effect.

          Section 6.2 Performance of Agreements. Each and all of
the agreements of Purchaser to be performed at or prior to the
Closing Date pursuant to the terms hereof or in any of the Ancillary

                                     11

Documents shall have been duly performed in all material respects,
and Purchaser shall have delivered to Sellers a certificate, dated
the Closing Date, to such effect.

          Section 6.3 No Injunction. No court or other government
body or public authority shall have issued an order which shall then
be in effect restraining or prohibiting the completion of the
transactions contemplated hereby.

                                ARTICLE VII

                SURVIVAL OF REPRESENTATIONS; INDEMNIFICATION

          Section 7.1 Survival of Representations. The representations
and warranties set forth in this Agreement shall survive for one
year after the Closing Date, except for the representations and
warranties set forth in Section 2.11, which shall survive for five
years after the Closing Date.

          Section 7.2 Indemnities. (a) Each Seller, jointly and
severally, hereby agree to indemnify and hold harmless Purchaser, the
Company and/or its Subsidiaries from and against any and all damages,
claims, losses or expenses (including reasonable attorneys' fees and
expenses) ("Damages") actually suffered or paid by Purchaser, the
Company and/or its Subsidiaries as a result of the breach of any
representation or warranty made by any Seller in this Agreement. To
the extent that Seller's undertakings set forth in this Section 7.2(a)
may be unenforceable, Sellers shall contribute the maximum amount that
they are permitted to contribute under applicable law to the
payment and satisfaction of all Damages incurred by the parties
entitled to indemnification hereunder.

          (b) Purchasers and the Company hereby agree to
indemnify and hold harmless Sellers against Damages actually
suffered or paid by Sellers as a result of the breach of any
representation or warranty made by the Purchaser in this
Agreement. To the extent that the Purchaser's undertakings set
forth in this Section 7.2(b) may be unenforceable, the Purchasers
and the Company shall contribute the maximum amount that they are
permitted to contribute under applicable law to the payment and
satisfaction of all Damages incurred by the parties entitled to
indemnification hereunder.

          (c) Any party seeking indemnification under this
Article VII (an "Indemnified Party")

                                     12

shall give each party from whom indemnification is being sought
(each, an "Indemnifying Party") notice  of any matter for which
such Indemnified Party is seeking indemnification, stating the
amount of the Damages, if known, and method of computation
thereof, and containing a reference to the provisions of this
Agreement in respect of which such right of indemnification is
claimed or arises. The obligations of an Indemnifying Party under
this Article VII with respect to Damages arising from any claims
of any third party which are subject to the indemnification
provided for in this Article VII (collectively, "Third Party
Claims") shall be governed by and contingent upon the following
additional terms and conditions: if an Indemnified Party shall
receive, after the Closing Date, initial notice of any Third
Party Claim, the Indemnified Party shall give the Indemnifying
Party notice of such Third Party Claim within such time frame as
is necessary to allow for a timely response and in any event
within 30 days of the receipt by the Indemnified Party of such
notice; provided, however, that the failure to provide such
timely notice shall not release the Indemnifying Party from any
of its obligations under this Article VII except to the extent
the Indemnifying Party is materially prejudiced by such failure.
The Indemnifying Party shall be entitled to assume and control
the defense of such Third Party Claim at its expense and through
counsel of its choice if it gives notice of its intention to do
so to the Indemnified Party within 30 days of the receipt of such
notice from the Indemnified Party; provided, however, that if
there exists or is reasonably likely to exist a conflict of
interest that would make it inappropriate in the judgment of the
Indemnified Party (upon advice of counsel) for the same counsel
to represent both the Indemnified Party and the Indemnifying
Party, then the Indemnified Party shall be entitled to retain its
own counsel, at the expense of the Indemnifying Party, provided
that the Indemnified Party and such counsel shall contest such
Third Party Claims in good faith. In the event the Indemnifying
Party exercises the right to undertake any such defense against
any such Third Party Claim as provided above, the Indemnified
Party shall cooperate with the Indemnifying Party in such defense
and make available to the Indemnifying Party, at the Indemnifying
Party's expense, all witnesses, pertinent records, materials and
information in the Indemnified Party's possession or under the
Indemnified Party's control relating thereto as is reasonably
required by the Indemnifying Party. Similarly, in the event the
Indemnified Party is, directly or indirectly, conducting the
defense against any such Third Party Claim, the Indemnifying
Party shall cooperate with the Indemnified Party in such defense
and make available to the Indemnified Party, at the Indemnifying
Party's expense, all such witnesses, records, materials and
information in the Indemnifying Party's possession or under the
Indemnifying Party's control relating thereto as is reasonably
required by the Indemnified Party. The Indemnifying Party shall
not, without the written consent of the Indemnified Party, (i)
settle or compromise any Third Party Claim or consent to the
entry of any judgment which does not include as an unconditional
term thereof the delivery by the claimant or plaintiff to the
Indemnified Party of a written release from all liability in
respect of such Third Party Claim or (ii) settle or compromise
any Third Party Claim in any manner that may adversely affect the
Indemnified Party. Finally, no Third Party Claim which is being
defended in good faith by the Indemnifying Party or which is
being defended by the Indemnified Party as provided above in this
Section 7.2(c) shall be settled by the Indemnified Party without
the written consent of the Indemnifying Party.

                                     13

                                ARTICLE VIII

                               MISCELLANEOUS

          Section 8.1 Expenses. The parties hereto shall pay all
of their own expenses relating to the transactions contemplated
by this Agreement, including, without limitation, the fees and
expenses of their respective counsel, financial advisors and
accountants.

          Section 8.2 Governing Law; Consent to Jurisdiction. (a)
The interpretation and construction of this Agreement, and all
matters relating hereto, shall be governed by the laws of the
State of California applicable to contracts made and to be
performed entirely within the State of California.

          (b) Each of the parties agrees that any legal action or
proceeding with respect to this Agreement may be brought in the
Courts of the State of California or the United States District
Court for the Southern District of California, and, by execution
and delivery of this Agreement, each party hereto hereby irrevocably
submits itself in respect of its property, generally and
unconditionally, to the non-exclusive jurisdiction of the aforesaid
courts in any legal action or proceeding arising out of this
Agreement. Each of the parties hereto hereby irrevocably waives
any objection which it may now or thereafter have to the laying of
venue of any of the aforesaid actions or proceedings arising out of
or in connection with this Agreement brought in the courts referred
to in the preceding sentence. Each party hereto hereby consents to
process being served in any such action or proceeding by the mailing
of a copy thereof to the address set forth opposite its name below and
agrees that such service upon receipt shall constitute good and
sufficient service of process or notice thereof. Nothing in this
paragraph shall affect or eliminate any right to serve process in
any other manner permitted by law.

          Section 8.3 Captions. The Article and Section captions used
herein are for reference purposes only, and shall not in any way affect
the meaning or interpretation of this Agreement.

          Section 8.4 Notices. Any notice or other communications
required or permitted hereunder shall be sufficiently given if
delivered in person or sent by telecopy or by registered or
certified mail, postage prepaid, addressed as follows:

          if to Purchaser, to it at:

          Campbell & Riggs P.C.
          1980 Post Oak Boulevard
          Suite 2300
          Houston, Texas 77056
          Telephone: 713-621-6721

                                     14

          and if to any Sellers, to them, care of Kennan E. Kaeder, at:

          Kennan E. Kaeder
          Attorney at Law
          110 West "C" Street, Suite 1904
          San Diego, Ca 92101

or such other address or number as shall be furnished in writing
by any such party, and such notice or communication shall be
deemed to have been given as of the date so delivered, sent by
telecopy or mailed.

          Section 8.5 Parties in Interest. This Agreement may not
be transferred, assigned, pledged or hypothecated by any party
hereto, other than by operation of law. This Agreement shall be
binding upon and shall inure to the benefit of the parties hereto
and their respective successors and permitted assigns.

          Section 8.6 Counterparts. This Agreement may be
executed in two or more counterparts, all of which taken together
shall constitute one instrument.

          Section 8.7 Entire Agreement. This Agreement, including
the Exhibits, Schedules and other documents referred to herein
which form a part hereof, and the Confidentiality Agreement and
Ancillary Documents contain the entire understanding of the
parties hereto with respect to the subject matter contained
herein and therein. This Agreement supersedes all prior
agreements and understandings between the parties with respect to
such subject matter other than the Confidentiality Agreement.

          Section 8.8 Third Party Beneficiaries. Each party
hereto intends that this Agreement shall not benefit or create any
right or cause of action in or on behalf of any Person other than
the parties hereto.

     IN WITNESS WHEREOF, each of the parties have caused this
Agreement to be executed by their respective officers thereunto
duly authorized, all as of the day and year first above
written.

PURCHASERS:

FN Stockbrokers

/s/ Rob Seelet                     Rob Seelet
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

                                     15

Greg Moffitt

/s/ Greg Moffitt                   Greg Moffitt
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

Jon Moreland

/s/ Jon Moreland                   Jon Moreland
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

Robert Price

/s/ Robert Price                   Robert Price
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

Stacey Van Steenhouse

/s/ Stacey Van Steenhouse          Stacey Van Steenhouse
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

Premier International Holdings, Inc.

/s/ J Wilhite                      J Wilhite
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

Time Capital Corporation

/s/ J Wilhite                      J Wilhite
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

Wingate Asset Management

/s/ Stanley Spinks                  Stanley Spinks
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

Nine Trees Corporation

/s/ Steven F. Stacker              Steven F. Stacker, President
_____________________________      ___________________________________________
Sign Name                          Print Name (and title if not an individual)

SELLERS:

/s/ Lala Cartledge
_____________________________
Lala Cartledge

/s/ Joseph Lindquist
_____________________________
Joseph Lindquist

/s/ Julia Reynolds
____________________________
Julia Reynolds

                                     16

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