Document:

Exhibit 10.5

            Summary of an Agreement in relation to assignment of debt
             under the Agreements for the transfer of patent rights

Parties                    1.  Shanghai TCH Data  Science &  Technology  Co. Ltd
                           ("A")
                           2.  Zhang  Naiyao  ("B") -  owner  of  patent  rights
                           (utility  model  patent  right  and the right to make
                           patent     application    in    relation    to    the
                           invention-creation   rights)   of  a  type  of  power
                           transformer;
                           3. Shanghai Si Fang Co. Ltd ("C")

Date of the Agreement      29  December  2005 (as  amended by the  parties on 10
                           February 2006)

Assignment of debt (which  Parties agree that:-
is owed by A to B  under   - C shall  pay  the  debt  of  RMB22,000,000  to B on
the 2 Agreement relating   behalf of A;
to the utility model       - The  obligation  of A to pay  the  above  debt to B
patent right and the       under the 2  Agreement  relating  to the  transfer of
invention-creation         patent  rights  shall deem to be  fulfilled  upon the
patent rights) from A      receipt of the above sum by B
to C                       - the amount of  RMB22,000,000  shall be settled by C
                           for and on  behalf of A. The  amount of the  purchase
                           consideration  paid  by C on  behalf  of  A  will  be
                           applied to offset the trade  receivables owed to A by
                           C.
                           Provided  that if B fails to  provide  the  necessary
                           technical  assistance services to enable A to use the
                           patented  technology in producing products in a large
                           scale  that meets the  standards  set by A within one
                           year, A shall have the right to demand for the return
                           of  relevant  payment  received  by B in full  and to
                           terminate the agreement.

Method of payment          - C shall  pay B  within 5  working  days  after  the
                           receipt of written notice from A
                           - C shall bear the responsibility if the payments are
                           not made in accordance with the  instructions  stated
                           in the written notice issued by A
                           - B may require A to pay directly only if:-
                           a. C fails to pay for more than 30 days;
                           b. C gives  written  notice  to B  indicating  that C
                           would  not   fulfill  the   obligation   to  pay  the
                           consideration;  or c. C loses the  ability to pay the
                           consideration
                           - if B fails to make the patent technically available
                           for  mass  production  within  one  year,  A shall be
                           entitled to demand for the return of relevant payment
                           (partial or total) as compensation.  The exact amount
                           of penalty will be defined in an extra agreement.

Penalty for late           C shall pay B a penalty  in the  amount of 5/10000 of
payment                    the  unpaid   amount   each  day  from  the  date  of
                           non-payment until payment is made.

Tax                        Each party shall bear their own tax liabilityExhibit 10.1 Acquisition

    
      

        Leroy
          Halterman, c.Ytr,nrv, L.rv

        820
          Pie€ ra Vista NE

        Albuquerque.
          New
          Mexico 87123

        May
          30,
          2005 

        Invoice
          #P05-1

        

        Paradigm
          Ventures
          Corp

        4519
          Woodgreen Drive

        West
          Vancouver,
          British
          Columbia

        Canada,
          WS
          2T8

        
          

           

           

           

          
            	Month: 	April and
                    May 
	Project: 	SMC
                    Calims, Sheep Mountain
                    Projects  

          

           

          
            
              	Date	Item
                       	
                      Units
                         

                    	
                      Rate Unit 

                    	
                      Total 

                    
	 	 	 	 	 
	May 	
                      County
                        Filing Fees SMC Claims 

                      See
                        Attached  

                    	
                      7 

                    	
                      $11 

                    	
                      $77.00 

                    
	 	 	 	 	 
	May
                       	
                      BLM
                        Filing Fee's 

                      Will
                        FAX Recieipt 

                    	
                      7

                    	
                      $165 

                    	
                      $1,155.00 

                    
	 	 	 	 	 
	May
                       	Claim
                      Stakes  	
                      31 

                    	
                      $1.25 

                    	
                      S38.75 

                    
	 	 	 	 	 
	April & May   	Per
                      Deim, Demming 	
                      4 

                    	
                      $110 

                    	
                      $440.00 

                    
	 	 	 	 	 
	April
                      & May  	Mileage
                       	
                      1184 

                    	
                      $0.500 

                    	
                      $592.00 

                    
	 	 	 	 	 
	April
                      	Field
                      Recon of Projects 	
                      2 

                    	
                      $400 

                    	
                      $800.00 

                    
	 	 	 	 	 
	May  	
                      Labor,
                        Preparing Notices

                      and
                        Staking Claims  

                    	
                      3 

                    	
                      $400 

                    	
                      $1,200.00 

                    
	 	 	 	 	 
	May  	Report
                      Preparation, 3 days  	
                      3 

                    	
                      $400 

                    	
                      $1,200.00 

                    
	 	 	 	 	 
	 	In house
                      copying and phone 	 	 	
                      No
                        charge 

                    
	 	 	 	Amount
                      Due 	
                      $5,502.75 

                    
	 	 	 	Total
                      Amount Due  	
                      $5,502.75 

                    

            

             

             

            Sincerely,

            /s/
              Leroy Halterman

            Leroy
              Halterman

            Please
              Wire Transfer
              to:                  
              Leroy Halterman, CPG, RPG

            Bank
              of
              Albuquerque                      
              820 Piedra Vista NE, Albuquerque, New Mexico 87123 

             

             

            
              
                
                

              

              
                1

                
                  

                

              

              
                
                

              

            

          

           

        

        Sheep
          Mountain Prospect Acquisition and Evaluation

        Report

        A
          Precious and Base Metals Prospect

        Luna
          County, New Mexico

        

         

         

         

         

         

        
 

        

        Prepared
          For: Paradigm Venture Corp.

        By

        Leroy
          Halterman

        Certified
          and Registered Geologist

        820
          Piedra Vista NE

        Albuquerque,
          New Mexico

         

        
          May
            26,
            2005

        

        

        
           

          
            
              
              

            

            
              2

              
                

              

            

            
              
              

            

          

        

        Sheep
          Mountain Prospect Acquisition and Evaluation Report

        Executive
          Summary

        

        The
          Sheep
          Mountain prospect represents a disseminated, epithermal gold prospect with
          deeper replacement manto potential as well as porphyry copper and molybdenum
          potential. The prospect contains 7 lode mining claims and is located in
          western
          Luna County, New Mexico, approximately 15 miles south of Gage, New Mexico
          in the
          Klondike Hills (Figure 1). The Klondike Hills are at the northern edge
          of the
          Cedar Mountain of southwestern New Mexico. The closest major inhabitation
          is the
          city of Deming, New Mexico 45 miles to the northeast. Rocks on the property
          consist of the Mississippian to Ordovician limestone, dolomites and shales
          and
          minor Tertiary felsic volcanics. These rocks have been structurally deformed
          by
          both thrust and normal faults and altered and mineralized with heavy and
          precious metals.

        

        In
          early
          May Leroy Halterman, a certified and registered geologist and representing
          Paradigm Venture Corp. located 7 lode-mining claims on behalf of Paradigm
          Venture Corp. This was based on his knowledge of the area from previous
          work
          that had been done on the property. Sampling in the early 1980's on the
          property
          by other companies indicated a large area of anomalous pathfinder elements
          including arsenic and antimony in addition to anomalous gold and silver.
          Paradigm Venture Corp. has not performed any sampling or other geological
          work
          on the property. The earlier sampling in the area of the claims has yielded
          samples as high as 4.2 grams of gold and 460 grams of silver per ton. In
          addition to gold, these samples were assayed for silver, molybdenum, arsenic
          and
          antimony. The associated anomalous elements such as gold along with high
          arsenic
          and antimony are considered to be characteristic of the low temperature
          hydrothermal systems. This type of system deposited many of the world's
          largest
          gold deposit including those that are found in Nevada.

        

        The
          Sheep
          Mountain Prospect has the potential for deposits other than disseminated
          gold.
          Some of the samples were highly anomalous in molybdenum adding to the
          speculation that this mineralization may be associated with a porphyry
          copper-molybdenum deposit in the valley just south and possibly under the
          SMC
          claims. This type of deposit has been found 10 miles north in the valley
          next to
          Victorio Peak. At Victorio Peak manto type of lead, copper, silver and
          gold
          deposits were formed in the Fusselman Limestone that lies directly below
          the
          Percha Shale. The same type of geology exists on the SMC claims along with
          some
          evidence of higher temperature mineralization that would help form this
          type of
          deposits.

        

        Land
          Status, Topography and Access

        

        The
          "SMC"
          claim block consists of 7 unpatented mining claims covering approximately
          140
          acres of BLM land and minerals (Figure 2). These 7 contiguous claims lie
          within
          Section 21 and 22 Township 26 South and Range 13 West. They are not subject
          to
          any royalty but either an annual assessment work in excess of $100 per
          claim
          along with appropriate filing must be done or an annual maintenance fee
          payable
          to the Federal government of $125 per claim is required.
          Thus a total payment of $875 per year for the entire claim block is required
          to
          keep the claims valid.

        

        
          

          
            
              
              

            

            
              3

              
                

              

            

            
              
              

            

             

          

          

        

        
 

        
          
            
            

          

          
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              5

              
                

              

            

            
              
              

            

          

        

        Access
          to
          the Sheep Mountain Prospect is obtained by traveling west from Deming on
          Interstate 10 to Gage, New Mexico and then south on a county road which
          turns to
          the west along the southern margin of the Klondike Hills and traverses
          the
          southern edge of the property (Figure 3). From this point several ranch
          roads
          lead into the claim block. The topography of the area consist of hills
          of low to
          moderate relief, which have been dissected by erosion. Access within the
          area is
          good. Vegetation is sparse consisting of short grasses, cacti and scattered
          junipers. The primary use of the surface is cattle grazing.

        

        Exploration
          History

        

        The
          Klondike Hills were included in an old mining district designated as the
          Carrizalillo-Cedar district. This district extended in a northwest-southeast
          belt and included the Cedar Mountains and Klondike Hills in the northwest
          and
          the Can-izalillo Hills in the southeast. There are numerous prospect pits
          and
          shallow shafts on the property, particularly in Section 21, 22 and 27 within
          and
          near the claim block. The early work concentrated on fault structures,
          along
          which jasperoid and/or gossan-like iron-rich mineralization were
          deposited.

        

        Energy
          Reserves Group, Minerals Division, initially investigated the Sheep Mountain
          Prospect during regional reconnaissance work in southwestern New Mexico
          in June
          of 1981. At that time it was noted that the geology in the area was favorable
          for disseminated precious metal mineralization as well as other types of
          deposits. Anomalous arsenic values were obtained from the initial sampling
          program and the area was slated for further investigation. A subsequent
          evaluation yielded not only high values of the pathfinder elements but
          also
          anomalous gold, silver and some associated base metals that resulted in
          the
          staking of the PAL claim block. Energy Reserve suffered financial difficulty
          as
          a result of falling oil and gas prices and was forced it to abandon its
          minerals
          program and farmed out this property to another company.

        

        This
          company performed further sampling and drilled one 494 foot deep hole.
          The drill
          hole was located in the northern portion of the PAL claim block and on
          of the
          SMC claims. It bottomed in silicified dolomite not reaching the target
          Fusselman
          below the Percha Shale but it did intercept anomalous gold between 70 and
          300
          feet and anomalous silver from 240 to 340 feet. In their report they noted
          that
          they had unknowingly placed the drill hole on the down-thrown side of a
          fault
          that was later mapped. In this report they stated that they would not have
          drilled the hole there if they had known about the fault. However, it is
          interesting is that they did intercept a significant thickness of anomalous
          gold
          and silver mineralization and that they had two hundred feet of silicification
          in the bottom of the hole. This may indicated that they were nearing an
          intrusive body that may have been mineralized such as in the copper-molybdenum
          porphyry model.

        

        Geology

        

        The
          Klondike Hills lay at the northern edge of the Cedar Mountains and are
          considered to be a
          part of
          the same structural trend (Figure 4). The Cedar Mountains are a northwest
          trending Basin and Range structure bounded by high angle normal faults.
          Exposures in the Cedar

         

         

        
 

        
          
            
            

          

          
            6

            
              

            

          

          
            
            

          

        

         

        

        

        

        
          
            
            

          

          
            7

            
              

            

          

          
            
            

          

        

        

         

        

        
           

          
            
              
              

            

            
              8

              
                

              

            

            
              
              

            

          

        

        Mountains
          consist of Tertiary volcanic and intrusive rocks with one small window
          of
          Paleozoic and Cretaceous rocks exposed. A valley that parallels the northern
          edge of the volcanic pile separates the Klondike Hills from the main body
          of the
          Cedar Mountains. Exposures in the Klondike Hills consist of Paleozoic strata
          of
          Ordovician through Mississippian age and a few exposures of Precambrian
          rocks
          that are present in the center of the hills. Tertiary volcanic rocks are
          exposed
          northwest of the prospect area and a small exposure of an intrusive is
          also
          present within the prospect area.

        

        Rocks
          outcropping within the Sheep Mountain Prospect area include the Ordovician
          El
          Paso Formation, the Ordovician Montoya Group, the Silurian Fusselman Dolomite,
          the Devonian Percha Shale, the Mississippian Keating Formation, and the
          Tertiary
          intrusive unit mentioned above.

        

        The
          El
          Paso Formation consists of thin to medium-bedded limestone with argillaceous
          and
          silty intervals. It is the primary target formation on the property. Extensive
          jasperoid development and argillic alteration has been noted in the formation
          occurring in association with fault structures.

        

        The
          El
          Paso Formation is overlain by the Montoya Group, which is divided into
          four
          formations of predominantly dolomitic composition. Thin-bedded sediments
          in the
          upper formation of this group may also have some potential as a host
          rock.

        

        The
          Silurian Fusselman dolomite, a fine-grained, massive dolomite overlies
          the
          Montoya Group. The Fusselman has been included with the Montoya Group on
          the
          geologic map, Figure 4, as it has been on previously published geologic
          maps of
          the area.

        

        The
          Devonian Percha Shale is green-gray shale seen in a small, poorly exposed
          outcrop near the southern edge of the prospect and in tailings from a relatively
          shallow shaft on the southeastern edge of the prospect. The Percha Shale
          is also
          a potential host rock in this area.

        

        The
          lower
          part of the Mississippian Keating Formation (the lower member of the Escabrosa
          Group) consists of medium-bedded limestone exposed at a small outcrop near
          the
          southern edge of the prospect. Jasperoid has developed along a structure
          in the
          Keating in this area.

        

        Structurally,
          the Klondike Hills are quite complex. The area lies within the east-southeast
          trending Laramide overthrust belt of southwestern New Mexico. The complex
          relationships among the units exposed is due to a series of relatively
          flat-lying thrust plates in which upper plate Ordovician and Silurian rocks
          have
          been thrust over each other and over lower plate Devonian and Mississippian
          strata. These thrust slices have in turn been broken by two sets of Tertiary
          high angle normal faults that trend northeast and northwest. To complicate
          matters further, the area also lies along the west trending Texas lineament.
          The
          Texas lineament is a very old zone of weakness that extends to the basement
          and
          which has added an east-west trending strike-slip component to the deformation
          of the strata in the area.

        

        
           

          
            
              
              

            

            
              9

              
                

              

            

            
              
              

            

          

        

        Mineralization

        

        Mineralization
          and alteration found at the Sheep Mountain Prospect consists of jasperoid,
          argillic alteration, silicification and iron staining of thin-bedded sediments
          and development of iron-rich, gossan-like material. Copper, fluorite, calcite,
          barite and iron mineralization was also noted in silicified rock found
          on the
          dump of a shallow shaft that was sunk on a structure on the southeast side
          of
          the property.

        

        The
          jasperoid at the Sheep Mountain Prospect frequently contains visible blades
          of
          barite. Jasperoid occurs over a wide area on the property, both along high
          angle
          Basin and Range structures and along the planes of the low angle thrust
          faults.
          Jasperoid appears to form most readily in the EI Paso limestone, but also
          occurs
          in the dolomites of the Montoya Group. Silica appears to have migrated
          easily
          through the reactive EI Paso limestones and has replaced the rock for some
          distance beyond the major structures. In contrast, the dolomites of the
          Montoya
          Group appear to have been less reactive and silica replacement occurs only
          in
          narrow bands along the structures that served as conduits for mineralizing
          solutions.

        

        The
          occurrence of the iron-rich gossan-like mineralization also appears to
          be
          confined closely to structures, primarily the Basin and Range structures
          on the
          south side of the property. This mineralization occurs in addition to and
          in
          association with jasperoid development along these structures and can be
          seen in
          the dump material.

        

        Argillic
          alteration was noted in thin-bedded units of the El Paso Formation in several
          locations and partial silicification of argillically altered sediments
          that also
          occurred in several places. Silicification of thin-bedded El Paso sediments
          can
          often be found beneath jasperoid outcrops where hematitic and limonitic
          staining
          occurs in conjunction with the argillic alteration and silicification.
          Silicification, brecciation, and calcite veining was noted in the Percha
          Shale
          on the dump of a shallow shaft on the southeast side of the
          property.

        

        The
          primary drilling target on the Sheep Mountain Prospect is the El Paso limestone.
          Thin-bedded El Paso sediments dip into major structures in several areas
          on the
          property where alteration and mineralization have been observed. Consequently,
          several target areas may be tested where the EI Paso Foi nation could serve
          as a
          host for ore-grade mineralization.

        

        The
          Percha Shale may also be a drilling target on the southeast side of the
          property. Although this area is less well exposed, the fissile shales of
          the
          Percha may prove to be an excellent host rock where the formation dips
          into
          mineralized structures. In other districts in southern New Mexico the Percha
          has
          served as a dam for upward migrating hydrothermal fluid forcing the fluid
          to
          migrate and precipitate ore bodies in the underlying Fusselman Limestone.
          One
          example of this type of mineralization is 10 miles north in the Victorio
          mining
          district.

        

        Drilling
          depths to the precious metals mineralized zones within these units are
          expected
          to be shallow and should not exceed 400 feet. However, should the initial
          work
          indicate that porphyry copper-molybdenum deposit exists than deeper holes
          may be
          required to test this target.

        

        
          
            
            

          

          
            10

            
              

            

          

          
            
            

          

        

        Summary
          and Conclusions

        The
          Sheep
          Mountain prospect represents a viable exploration target for a number of
          types
          of deposits. It has favorable host rocks, structure, alteration and related
          gold, silver and molybdenum mineralization. In addition to the geology,
          it is
          located an in area where significant mineral deposits have been located
          and
          produced over the last 100 years.

        

        The
          Sheep
          Mountain prospect is like many prospects that lack sufficient exploration
          during
          the mid 1980's when the decline of precious and base metal prices forced
          companies to cut back or eliminate exploration expenditures. Previous work
          on
          the property did not invalidate any of the suppositions as to the prospect's
          models and potential. Rather they increased the knowledge of the property
          and
          elevated it as a prospect. This property is of Merit and warrants additional
          financial expenditure and exploration.

        

        Proposed
          Program of Exploration

        

        The
          evaluation report concludes that the property merits exploration and evaluation.
          The Sheep Mountain Prospect warrants additional work because the areas
          where
          alteration and anomalous precious metals rock samples were found have not
          been
          adequately evaluated. There has not been any trench sampling or drilling.
          To
          date the only drilling has been one misplaced drill hole. A two-phase program
          is
          recommended with the second phase depending upon the successful results
          of the
          first phase. Trenching refers to the process in which an area and material
          to be
          sampled is channeled in one direction with a shovel or by earth moving
          equipment, and the material for the sample is taken at regular intervals
          along
          the channel. The procedure is repeated with several other channels in different
          directions until a sample of the proper size has been secured. Drilling
          refers
          to a method of sampling a deposit by means of a drill or borehole. The
          boreholes
          will be located in areas where favorable structure and mineralization exists
          and
          drill at an angle to intercept the target across its strike and at the
          most
          favorable depth. Geochemical sampling refers to the search for economic
          mineral
          deposits by detection of abnormal or anomalous concentrations of base elements
          or complexes containing these elements in surface materials or material
          within a
          few feet of the surface.

        

        The
          first
          phase should include conventional soil sampling on specified grids. Conventional
          soil sampling means taking soil sample from specified areas in the SMC
          claim
          block. These samples would be taken a few feet below the surface in areas
          mapped
          out in advance.

        

        Based
          upon the results of the Phase I program a drilling program should take
          place to
          test the existing anomalies and those disclosed during the Phase I program.
          The
          recommended programs are presented below.

        

        
          
            
            

          

          
            11

            
              

            

          

          
            
            

          

        

        Recommendations
          Phase I and Phase II Programs

         

        Phase
          I. The
          Phase
          I program will be limited to defining drill targets for the Phase II program.
          It
          is anticipated to cost approximately $14,000. The following discussion
          gives a
          brief description of the Phase I program.

        

        1. Additional
          mapping and sampling to confirm earlier sampling and to better target drill
          holes to test untested mineralized areas of the SMC claim block.

        

        2. Perform
          close spaced geochemical soil sampling across the entire staked area.
          This type of sampling would collect samples from approximately 1-2 feet
          below
          the surface and have them tested for gold, silver, molybdenum antimony,
          mercury
          and arsenic.

        

        The
          Quaternary gravel that covers the central portion of the prospect may limit
          the
          usefulness of conventional soil geochemistry but test grids will have to
          be
          surveyed, sampled and analyzed to determine its usefulness. Quaternary
          refers to
          a geologic period following the Tertiary Age beginning 2 to 3 million years
          ago
          and extending to the present

        

        Phase
          HProgram. The
          Phase
          II program is estimated to cost approximately $53,000 and will involve
          the drill
          testing of strong rock and soil geochemical anomalies. A geochemical anomaly
          refers to a concentration of one or more elements in rock, soil, sediment,
          vegetation, or water that is markedly higher or lower than background.
          In
          addition to testing the geochemical anomalies, geological mapping will
          generate
          other drill targets that may not be highly mineralized at the surface but
          will
          still warrant testing with several drill holes. These holes should be drilled
          to
          a depth of 300 to 400 feet or until the geological target has been
          intercepted.

         

         

        
          Cost
            Estimates Phase I Program

           

        

        
          	Item 	 	 	Estimated
                  Cost	 
	 	 	 	 	 
	Soil
                  Samples 150, average
                  $30/Sample  	 	
                  $

                	$
4,500	 
	Rock
                  samples 50 samples @ $30/
                  sample  	 	 	1,500	 
	Sampling
                  supplies 200 samples @ $2.00/
                  sample  	 	 	400	 
	Geologist,
                  12 days @
                  $400/day  	 	 	4,800	 
	Per
                  diem 12 days @ $100/day  	 	 	1,200	 
	Vehicle
                  Mileage 2,000 @ $.50 /
                  Mile  	 	 	1,000	 
	Miscellaneous
                  and field
                  supplies  	 	 	600	 
	    Total
                  Phase I
                  Cost  	 	
                  $

                	$14,000	 
	 	 	 	 	 

        

         

         

        
 

        
          
            
            

          

          
            12

            
              

            

          

          
            
            

          

        

              Estimated
          Cost Phase II
          Program

         

        
          	
                  Item Estimated
                    Cost 

                	 	 	 
	Drilling 	 	 	 	 
	
                  Mineralized
                    Outcrops and soil anomalies, tholes 400 ft. each
                    /$25.00/ft  

                	 	$	20,000	 
	
                  Test
                    Geological targets 2 holes 350 ft each./
                    $25.00/ft  

                	 	 	17,500	 
	Assaying,
                  200 samples $30  	 	 	6,000	 
	Geologist
                  28 days @ $400/
                  day  	 	 	5,100	 
	Per
                  Diem 28 days @ $100/
                  day  	 	 	1,400	 
	Vehicle
                  5000 miles
                  $.50/mile  	 	 	2,500	 
	Miscellaneous 	 	 	1,500	 
	
                  Total
                    Phase II Cost  

                	 	$	$53,000	 

        

         

        

        Submitted
          26th
          day of
          May, 2005

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