Document:

Exhibit 4

Exhibit 4.2

CERTIFICATE OF DETERMINATION

FOR

SERIES A CONVERTIBLE PREFERRED STOCK

Par value $.001

OF

INTELLIGENT BUYING, INC.

     David Gorodyansky and Eugene Malobrodsky certify that they are the President and Secretary of Intelligent Buying, Inc., a California corporation (the "Company"); that, pursuant to the Company's Articles of Incorporation and California Corporations Code §400 et seq, the Board of Directors of the Company adopted the following resolutions effective March 1, 2006; and that none of the Series A Convertible Preferred Stock referred to in this Certificate of Determination has been issued.

1.

Creation of Series A Convertible Preferred Stock.  

There is hereby created a series of preferred stock consisting of 5,000,000 shares and designated as Series A Convertible Preferred Stock, par value $.001 (the "Series A Preferred Stock"), having the voting rights, powers, preferences, and relative participating, optional and other special rights, qualifications, limitations and restrictions that are set forth below.   

2.

Dividends.  

The holders of Series A Preferred Stock shall be entitled to receive dividends when, if and as declared by the Board of Directors on a pari passu basis with the holders of shares of common stock.  The holders of the Series A Preferred Stock shall be entitled to receive an amount of dividends they would have been entitled to receive had their Series A Preferred Stock been converted to shares of common stock.  Each declared dividend shall be payable to holders of record as they appear at the close of business on the stock books of the Company on such record dates, not more than 30 calendar days and not less than 10 calendar days preceding the dividend payment date therefor, as determined by the Board of Directors.  

3.

Liquidation Rights.

            

(i) 

Liquidation. In the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company, holders of Series A Preferred Stock shall be entitled, before any distribution or payment out of the assets of the Company may be made to or set aside for the holders of any common stock, to receive in full an amount equal to $2.00 per share (the "Liquidation Preference"), together with an amount equal to all accrued and unpaid dividends accrued to the date of payment.

            

(ii) 

Partial Payment. If the assets of the Company are not sufficient to pay the Liquidation Preference in full to all holders of Series A Preferred Stock, the amounts paid to the holders of Series A Preferred Stock the amount available to be paid on account of the Liquidation Preference shall be paid pro rata to the holders of such Series A Preferred Stock.

            

(iii) 

Residual Distributions. If the Liquidation Preference has been paid in full to all holders of Series A Preferred Stock and any other Preferred Stock having a Liquidation Preference, the holders of common stock shall be entitled to receive all remaining assets of the Company according to their respective rights and preferences.

            

(iv) 

Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 3, the merger or consolidation of the Company with any other company, including a merger in which the holders of Series A Preferred Stock receive cash or property for their shares, or the sale of all or substantially all of the assets of the Company, shall not constitute a liquidation, dissolution or winding up of the affairs of the Company.

4.

Conversion.

(i)

Each share of Series A Preferred Stock may be converted by any holder thereof at any time following the effective date of the first registration statement filed by the Company with the U.S. Securities and Exchange Commission.  Each share of Series A Preferred Stock shall be automatically converted into shares of the Company’s Common Stock on the earlier to occur of (a) April 1, 2008 or (b) immediately following the closing of any transaction which results in a change of control of the Company.  For these purposes, a change of control shall be deemed to have occurred when fifty-one (51%) of the Company’s shares (inclusive of the holders of Common Stock and Preferred Stock on an as-converted basis) shall be held by holders other than persons who were holders of such shares on April 1, 2006.  The Conversion Rate shall be two shares of the Company’s Common Stock for each share of Series A Preferred Stock.

               

(ii)  

In the event of any conversion resulting in fractional shares, in lieu of issuance of fractional shares or securities representing fractional shares of Common Stock, the Company shall pay the holder in cash the fair value of fractions of a share as of the date of conversion as determined by the Company’s board of directors.  For these purposes, the “date of conversion” shall mean the date the Corporation receives a written notice of a voluntary conversion by the holder or the date of automatic conversion pursuant to Section 4(i)(a) or (b), above.

               

(iii) 

Upon the occurrence of the event giving rise to an automatic conversion, the Company shall (a) provide written notice of the automatic conversion to all holders of record of Series A Preferred Stock and (b) provide irrevocable instructions to such effect to the transfer agent or agents for such stock, and shall have set aside all shares of the Company’s Common Stock necessary for such conversion.  From the date of such notice and setting aside the Common Shares, notwithstanding that any certificate for shares of Series A Preferred Stock so converted shall not have been surrendered for cancellation, the shares of Series A Preferred Stock represented thereby shall no longer be deemed outstanding and the holder of such certificate or certificates shall have with respect to such shares of Series A Preferred Stock no rights in or with respect to the Company except the right to receive the Common Shares issued as a result of the conversion.  After the date designated for automatic conversion, such shares of Series A Preferred Stock shall not be transferable on the books of the Company.

         

(iv)  

The Company covenants that it will at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock or its issued shares of Common Stock held by its treasury, or both, for the purpose of effective conversions of the Series A Preferred Stock, the full number of shares of Common Stock deliverable upon the conversion of all outstanding shares of the Series A Preferred Stock not theretofore converted.  For purposes of this Section 4(iv), the number of shares of Common Stock that shall be deliverable upon the conversion of all outstanding shares of the Series A Preferred Stock shall be computed as if at the time of computation all the outstanding shares were held by a single holder.

5.

Preemptive Rights. 

Shares of the Series A Preferred Stock are not entitled to any preemptive rights to acquire any unissued shares of any capital stock of the Company, now or hereafter authorized, or any other securities of the Company, whether or not convertible into shares of capital stock of the Company or carrying a right to subscribe to or acquire any such shares of capital stock.

6.

Voting.  

Except as otherwise expressly provided or required by law, the holders of the Series A Preferred Stock shall be entitled to vote their shares on any matter submitted to the vote of the holders of the Common Shares of the Company.  The holders of the Series A Preferred Stock will be entitled to the number of votes they would have been able to cast had their Series A Preferred Stock been converted to Common Shares.

7.

Waiver by Series A Preferred Stockholders. 

Except as expressly provided for herein or as otherwise required by law, any rights or benefits for the Series A Preferred Shares and the holders thereof provided herein may be waived as to all outstanding Series A Preferred Shares and the holders thereof by the consent of the holders of a majority of the then-outstanding Series A Preferred Shares.

8.

Additional Issuance of Preferred Shares.  

The Company may issue additional shares of Preferred Stock in the future.  If the Company desires to issue additional shares of Preferred Stock, the Company shall file such amendments to its Articles of Incorporation as may be necessary to effect such designation.

     IN WITNESS WHEREOF, the Company has caused this Certificate of Designation to be duly executed by its President and attested to by its Secretary as of the 13th day of March, 2006, who, by signing their names hereto, acknowledge that this Certificate of Designation is the act of the Company and state to the best of their knowledge, information and belief, under penalties of perjury, that the above matters and facts are true in all material respects.

INTELLIGENT BUYING, INC.

/s/ David Gorodyansky

David Gorodyansky. President

/s/ Eugene Malobrodsky

 

Eugene Malobrodsky, SecretaryExhibit 10

Exhibit 10.2

FINANCIAL SERVICES AGREEMENT

This Financial Services Agreement (this “Agreement”) is made as of March 31, 2006 by and between Intelligent Buying, Inc., a California corporation (the “Company”) and Lionheart Associates, LLC (“Lionheart”) (each a “Party” and collectively referred to hereafter as the “Parties”).

W I T N E S S E T H:

WHEREAS, the Company desires to pursue a number of strategic options, including but not limited to private placements of equity and other forms of funding, acquisitions and becoming a publicly-reporting company (collectively “Strategic Options”). 

WHEREAS, to further facilitate pursuing the Strategic Options, Company desires to engage Lionheart to serve as the Company’s corporate finance and strategic advisor on the terms and for the services specified in this Agreement;

NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree in good faith as follows:

1.

Definitions.  Unless otherwise defined in this Agreement, terms appearing in initial capitalized form shall have the meaning ascribed to such terms in this.

2.

Services.  The Services, which Lionheart shall provide under this Agreement, shall include the following:

(a)

Lionheart will familiarize itself to the extent it deems appropriate with the business, operations, financial condition and prospects of the Company;

(b)

Lionheart will identify a number of suitable possible investors which might have an interest in evaluating participation in various contemplated financing transactions; and

(c)

Lionheart will assist the Company in preparing and analyzing a broad range of Strategic Options.

3.

Term and Termination. The term of this engagement shall be for a period commencing with the date of this Agreement and ending on the second anniversary of the commencement date and may only be extended upon the mutual written agreement of the Parties.  

4.

Consideration.  In consideration for Lionheart providing the services set forth in Section 2 above, the Company will issue to Lionheart 500,000 shares of Series A Convertible Preferred Stock of the Company.  All such shares shall be accorded piggyback registration rights on all registrations other than the initial registration filed by the Company.   

5.

Notices.  All notices, requests, demands, claims, and other communications hereunder shall be in writing.  Any notice, request, demand, claim or other communication hereunder shall be deemed duly delivered four business days after it is sent by registered or certified mail, return receipt requested, postage prepaid, or one business day after it is sent for next business day delivery via a reputable nationwide overnight courier service, in each case to the intended recipient as set forth below:

		
	If to Lionheart:

Lionheart Associates, LLC

1275 Fairhills Drive 

Ossining, NY 10562

Facsimile:  (646)390-8433

Attention: Edward Bronson

	 
	If to the Company:

Intelligent Buying, Inc.

1116 Elko Drive

Sunnyvale, CA  94089

Facsimile: 

Attention: Eugene Malobrodsky

	Copy to:

Law Offices of Robert Diener

122 Ocean Park Boulevard

Suite 307

Santa Monica, California 90405

Facsimile: (310) 362-8887

Attention: Robert Diener

Any Party may give any notice, request, demand, claim or other communication hereunder using any other means (including personal delivery, expedited courier, messenger service, telecopy, telex, ordinary mail or electronic mail), but no such notice, request, demand, claim or other communication shall be deemed to have been duly given unless and until it actually is received by the party for whom it is intended.  Any party may change the address to which notices, requests, demands, claims, and other communications hereunder are to be delivered by giving the other party notice in the manner herein set forth.

6.

Miscellaneous.

(d)

Entire Agreement.  This Agreement constitutes the entire agreement among the Parties and supersedes any prior understandings, agreements or representations by or among the Parties, written or oral, with respect to the subject matter hereof.

(e)

Succession and Assignment.  This Agreement shall be binding upon and inure to the benefit of the Parties named herein and their respective successors and permitted assigns.  No Party may assign either this Agreement or any of its rights, interests or obligations hereunder without the prior written approval of the other party.

(f)

Counterparts and Facsimile Signature.  This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.  This Agreement may be executed by facsimile signature.

(g)

Headings.  The section headings contained in this Agreement are inserted for convenience only and shall not affect in any way the meaning or interpretation of this Agreement.

(h)

Governing Law.  This Agreement shall be governed by and construed in accordance with the internal laws of the State of California without giving effect to any choice or conflict of law provision or rule (whether of the State of California or any other jurisdiction) that would cause the application of laws of any jurisdictions other than those of the State of California.  The Parties hereby consent to the exclusive jurisdiction of the courts of the State of California located in Santa Clara County and the United States District Court for the Northern of California for all disputes arising under this Agreement.

(i)

Amendments and Waivers.  The Parties may mutually amend any provision of this Agreement at any time prior to the closing of the Merger Transactions or the termination of this Agreement.  No amendment of any provision of this Agreement shall be valid unless the same shall be in writing and signed by the Parties.  No waiver of any right or remedy hereunder shall be valid unless the same shall be in writing and signed by the party giving such waiver.  No waiver by any party with respect to any default, misrepresentation or breach of warranty or covenant hereunder shall be deemed to extend to any prior or subsequent default, misrepresentation or breach of warranty or covenant hereunder or affect in any way any rights arising by virtue of any prior or subsequent such occurrence.

(j)

Severability.  Any term or provision of this Agreement that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity or enforceability of the remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction.  If the final judgment of a court of competent jurisdiction declares that any term or provision hereof is invalid or unenforceable, the Parties agree that the court making the determination of invalidity or unenforceability shall have the power to limit the term or provision, to delete specific words or phrases, or to replace any invalid or unenforceable term or provision with a term or provision that is valid and enforceable and that comes closest to expressing the intention of the invalid or unenforceable term or provision, and this Agreement shall be enforceable as so modified.

(k)

Construction.  The language used in this Agreement shall be deemed to be the language chosen by the Parties to express their mutual intent, and no rule of strict construction shall be applied against any party.  Any reference to any federal, state, local or foreign statute or law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise.

(l)

Remedies.  Lionheart shall be entitled to enforce its rights under this Agreement specifically to recover damages by reason of any breach of any provision or term of this Agreement and to exercise all other rights existing in its favor.

IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as an instrument under seal as of the date first written above.  

Lionheart Associates, LLC

Intelligent Buying, Inc.

       /s/ Edward Bronson       

/s/ Eugene Malobrodsky

By:_____________________

By:____________________________

Name:

Edward Bronson

Name:  Eugene Malobrodsky

Title:

Managing Partner

Title:    President

1

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