Document:

EXHIBIT 4.3

                                  EXHIBIT A

                        FORM OF CONVERTIBLE DEBENTURE

 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE  UNITED
 STATES SECURITIES  ACT OF  1933, AS  AMENDED (THE  "SECURITIES ACT").    THE
 HOLDER HEREOF, BY PURCHASING SUCH SECURITIES  AGREES FOR THE BENEFIT OF  THE
 COMPANY THAT SUCH SECURITIES MAY BE  OFFERED, SOLD OR OTHERWISE  TRANSFERRED
 ONLY (A) TO  THE COMPANY,  (B) PURSUANT  TO AN  EXEMPTION FROM  REGISTRATION
 UNDER THE SECURITIES ACT, OR (C) IF REGISTERED UNDER THE SECURITIES ACT  AND
 ANY APPLICABLE STATE SECURITIES  LAWS.  IN  ADDITION, A SECURITIES  PURCHASE
 AGREEMENT, DATED AS OF THE DATE HEREOF, A COPY OF WHICH MAY BE OBTAINED FROM
 THE COMPANY AT ITS PRINCIPAL  EXECUTIVE OFFICE, CONTAINS CERTAIN  ADDITIONAL
 AGREEMENTS AMONG  THE  PARTIES, INCLUDING,  WITHOUT  LIMITATION,  PROVISIONS
 WHICH (A) LIMIT THE CONVERSION RIGHTS  OF THE HOLDER, (B) SPECIFY  VOLUNTARY
 AND MANDATORY REPAYMENT,  PREPAYMENT AND REDEMPTION  RIGHTS AND  OBLIGATIONS
 AND (C) SPECIFY EVENTS OF DEFAULT FOLLOWING WHICH THE REMAINING BALANCE  DUE
 AND OWING HEREUNDER MAY BE ACCELERATED.

 No.  1                                                 $1,000,000

                           6% CONVERTIBLE DEBENTURE

                                      of

      Dial-Thru International Corporation,  a Delaware corporation  (together
 with its successors, the "Company"), for  value received hereby promises  to
 pay to:

                      Global Capital Funding Group, L.P.

 (the "Holder")  and registered  assigns, the  principal sum  of One  Million
 ($1,000,000) or,  if  less, the  principal  amount of  this  Debenture  then
 outstanding, on the Maturity Date by wire transfer of immediately  available
 funds to the Holder in such coin or currency of the United States of America
 as at the time of payment  shall be legal tender  for the payment of  public
 and private debts, and to pay interest,  which shall begin to accrue on  the
 date of this Debenture, quarterly in arrears, on (i) the last day of  March,
 June,  September  and  December  of  each  year  until  the  Maturity  Date,
 commencing June 30, 2001 (unless  such day is not  a Business Day, in  which
 event on  the  next succeeding  Business  Day) (each  an  "Interest  Payment
 Date"), (ii) the  Maturity Date, (iii)  each Conversion  Date, as  hereafter
 defined,  and  (iv)  the  date  the  principal  amount  of  the  Convertible
 Debentures shall be  declared to be  or shall automatically  become due  and
 payable, on the principal sum hereof  outstanding in like coin or  currency,
 at the  rates per  annum set  forth  below, from  the most  recent  Interest
 Payment Date to which interest has been paid on this Convertible  Debenture,
 or if no interest has been paid on this Convertible Debenture, from the date
 of this Convertible  Debenture until payment  in full of  the principal  sum
 hereof has been made.  The Maturity Date is April 11, 2003.

      The interest rate shall  be six percent (6%)  per annum (the  "Interest
 Rate") or, if less, the maximum rate permitted by applicable law.  Past  due
 amounts (including  interest, to  the extent  permitted  by law)  will  also
 accrue interest at  the Interest Rate  plus 7% per  annum or,  if less,  the
 maximum rate permitted  by applicable  law, and  will be  payable on  demand
 ("Default Interest").    Interest  on this  Convertible  Debenture  will  be
 calculated on the  basis of a  360-day year of  twelve 30 day  months.   All
 payments of principal and interest hereunder  shall be made for the  benefit
 of  the  Holder pursuant to the  terms of the Agreement (hereafter defined).
 At the option of the Company, interest may be  paid in cash or in shares  of
 Common Stock.  If the Company determines to pay interest in shares of Common
 Stock, it shall be  required to notify  the Holder of  such election on  the
 Closing Date.  On each Conversion Date, interest shall be paid in shares  of
 Common Stock on  the portion  of the  principal balance  of the  Convertible
 Debenture then being converted.  The number of shares of Common Stock issued
 as interest shall be  determined by dividing the  dollar amount of  interest
 due on the applicable Interest Payment Date by the Conversion Price then  in
 effect.

      This Convertible Debenture (this "Convertible  Debenture") is one of  a
 duly  authorized  issuance  of  $1,000,000  aggregate  principal  amount  of
 Convertible Debentures of the Company referred to in that certain Securities
 Purchase Agreement dated as of the  date hereof between the Company and  the
 Purchaser named therein (the "Agreement").   The Agreement contains  certain
 additional agreements among the  parties with respect to  the terms of  this
 Convertible Debenture, including, without  limitation, provisions which  (A)
 limit the  conversion  rights  of the  Holder,  (B)  specify  voluntary  and
 mandatory repayment, prepayment  and redemption rights  and obligations  and
 (C) specify Events of Default following which the remaining balance due  and
 owing hereunder may  be accelerated.   All such provisions  are an  integral
 part of this Convertible Debenture and are incorporated herein by reference.
  This Convertible Debenture is  transferable and assignable  to one or  more
 Persons, in accordance with the limitations set forth in the Agreement.

      This Convertible  Debenture is  secured by  a Security  Agreement  (the
 "Security Agreement") of even date herewith  made by the Company and  Holder
 creating a  security interest  in favor  of  the Holder  in certain  of  the
 Company's assets described in the Security Agreement.

      The Company shall keep  a register (the "Register")  in which shall  be
 entered the names and addresses of the registered holder of this Convertible
 Debenture and particulars of this Convertible Debenture held by such  holder
 and of  all transfers  of this  Convertible Debenture.   References  to  the
 Holder or  "Holders"  shall  mean  the Person  listed  in  the  Register  as
 registered holder of  such Convertible Debentures.   The  ownership of  this
 Convertible Debenture shall be proven by the Register.

      1.   Certain Terms Defined.  All terms defined in the Agreement and not
 otherwise defined  herein  shall  have  for  purposes  hereof  the  meanings
 provided for in the Agreement.

      2.   Covenants.   The  Company  covenants and  agrees  to  observe  and
 perform each of its covenants, obligations and undertakings contained in the
 Agreement, which obligations and  undertakings are expressly assumed  herein
 by the Company and made for the benefit of the holder hereof.

      3.   Prepayment; Payment of Principal.  The Company may, at its  option
 at any  time  after the  date  hereof, prepay  any  portion or  all  of  the
 outstanding  principal  amount  and  accrued  and  unpaid  interest  on  the
 Convertible Debenture at  a prepayment price  ("Prepayment Price") equal  to
 (i) 102% of the outstanding principal amount of the Convertible  Debentures,
 plus all accrued  and unpaid  interest until  the first  anniversary of  the
 Closing Date or (ii) the Redemption Price set forth in Section 5.1 hereof on
 any date following the first anniversary  of the Closing Date.  The  Company
 shall repay the remaining unpaid balance of this Convertible Debenture, plus
 all accrued and unpaid interest on the Maturity Date.

      4.   Conversion.

      4.1  Conversion of  Convertible  Debenture.     Subject  to  Section  5
      hereof, the Holder  shall have the  right, at its  option, at any  time
      from and  after the  date of  issuance of  this Convertible  Debenture,
      convert the  principal amount  of this  Convertible Debenture,  or  any
      portion of such principal  amount, into that number  of fully paid  and
      nonassessable shares  of Common  Stock (as  such shares  shall then  be
      constituted) determined pursuant to  this Section 4.1.   The number  of
      shares of  Common Stock  to  be issued  upon  each conversion  of  this
      Convertible Debenture shall  be determined by  dividing the  Conversion
      Amount (as defined below) by the Conversion Price in effect on the date
      (the "Conversion  Date") a  Notice of  Conversion is  delivered to  the
      Company, as applicable, by the Holder by facsimile or other  reasonable
      means of communication dispatched prior to 5:00 p.m., E.S.T.  The  term
      "Conversion Amount"  means,  with respect  to  any conversion  of  this
      Convertible Debenture,  the sum  of (1)  the principal  amount of  this
      Convertible Debenture  to  be converted  in  such conversion  plus  (2)
      accrued and unpaid interest,  if any, on such  principal amount at  the
      interest rates provided in this Convertible Debenture to the Conversion
      Date plus (3) Default Interest, if any, on the interest referred to  in
      the immediately preceding clause (2) plus  (4) at the Holder's  option,
      any amounts owed to the Holder pursuant to Section 4.3 hereof,  Section
      10.1 of the Agreement or Section 10.4 of the Agreement.

      4.2  Conversion Price and Limitation.  At the option of the Holder, any
      portion or all of the outstanding principal amount of this  Convertible
      Debenture shall be converted into a number of shares of Common Stock at
      the conversion price (the  "Conversion Price") equal  to the lesser  of
      (i)100% of  the volume  weighted average  sales  price as  reported  by
      Bloomberg L.P. of the Common Stock on the last Trading Day  immediately
      preceding the Closing Date (the "Fixed Conversion Price") and (ii)  80%
      of the average  of the five  (5) lowest volume  weighted average  sales
      prices as reported  by Bloomberg L.P.  during the  twenty (20)  Trading
      Days immediately preceding but  not including the  date of the  related
      Notice of Conversion (the "Formula Conversion Price").
      4.3  Authorized Shares.

           (1)  Consistent with Section  7.11 of the  Agreement, the  Company
      (i)  shall promptly irrevocably  instruct the Company's transfer  agent
      to issue certificates for the Common Stock issuable upon conversion  of
      this Convertible Debenture and  (ii) agrees that  its issuance of  this
      Convertible Debenture shall constitute  full authority to its  officers
      and  agents  who  are  charged  with   the  duty  of  executing   stock
      certificates to execute and issue the necessary certificates for shares
      of Common Stock  in accordance with  the terms and  conditions of  this
      Convertible Debenture.

           (2)  If at any time a Holder of this Convertible Debenture submits
      a Notice  of  Conversion  (x) the  Company  does  not  have  sufficient
      authorized but unissued shares of Common Stock available to effect such
      conversion in full in accordance with the provisions of this Article  4
      or (y) the  Company is prohibited  by the applicable  rules of the  OTC
      Bulletin Board or the  National Market on which  the Common Shares  are
      listed and traded  at that time  to effect such  conversion in full  as
      provided in subsection (d) below, without stockholder approval (each, a
      "Conversion Default"), the Company shall issue to the Holder all of the
      shares of  Common  Stock  which  are  then  available  to  effect  such
      conversion.  The portion of this Convertible Debenture which the Holder
      included in its Conversion Notice and which exceeds the amount which is
      then convertible into  available shares  of Common  Stock (the  "Excess
      Amount") shall,  notwithstanding  anything to  the  contrary  contained
      herein, not be  convertible into Common  Stock in  accordance with  the
      terms hereof until (and at the  Holder's option at any time after)  the
      date additional shares of Common Stock  are authorized by the  Company,
      or its stockholders, as applicable, at which time the Conversion  Price
      in respect thereof shall  be the lower of  (i) the Conversion Price  on
      the Conversion Default Date (as defined below) and (ii) the  Conversion
      Price on  the  Conversion Date  thereafter  elected by  the  Holder  in
      respect thereof.  The Company shall pay to the Holder payments pursuant
      to Section  10.1(b) of  the Agreement  ("Conversion Default  Payments")
      until the Conversion Default is cured.  The Company shall use its  best
      efforts to authorize, or cause its stockholders to authorize within  90
      days of  the  occurrence of  a  Conversion Default,  as  applicable,  a
      sufficient number  of shares  of Common  Stock as  soon as  practicable
      following the earlier  of (i) such  time that the  Holder notifies  the
      Company or that the Company otherwise  becomes aware that there are  or
      likely will be insufficient shares to allow full conversion thereof and
      (ii) a Conversion Default.  The Company shall send notice to the Holder
      of  the  authorization  of  additional  shares  of  Common  Stock,  the
      Authorization Date  and  the  amount  of  Holder's  accrued  Conversion
      Default Payments.   The accrued  Conversion Default  Payments for  each
      calendar month  shall be  paid in  cash or  shall be  convertible  into
      Common Stock (at such time as there are sufficient authorized shares of
      Common Stock) at the Market Price, at the Holder's option, as follows:

                (1)  In the event the Holder elects  to take such payment  in
           cash, cash payment shall be made  to Holder by the fifth  Business
           Day of the month following the month in which it has accrued; and

                (2)  In the event the Holder elects  to take such payment  in
           Common Stock,  the Holder  may convert  such payment  amount  into
           Common Stock at the Conversion Price (as in effect at the time  of
           conversion) at any time after the fifth Business Day of the  month
           following the month in which it has accrued (at such time as there
           are sufficient authorized  shares of Common  Stock) in  accordance
           with the terms of this Article 4.

           (3)  The Holder's election pursuant to  this Section 4.3 shall  be
      made in writing to the Company at any time prior to 5:00 p.m.,  E.S.T.,
      on the third  Business Day of  the month following  the month in  which
      Conversion Default payments have accrued.  If no election is made,  the
      Holder shall be deemed to have elected to receive cash.  Nothing herein
      shall limit the Holders right to  pursue actual damages (to the  extent
      in excess  of the  Conversion Default  Payments) due  to the  Company's
      failure to maintain a sufficient number of authorized shares of  Common
      Stock.

           (4)  In no event  shall the Company  issue more  than the  Maximum
      Number of Shares upon conversion of this Convertible Debenture,  unless
      the Company shall  have obtained approval  by the  stockholders of  the
      Company ("Stockholder Approval") or a waiver of such requirement by the
      OTC Bulletin Board or  the National Market on  which the Common  Shares
      are listed and traded at that time.  Once the Maximum Number of  Shares
      has been issued (the  date of which is  hereinafter referred to as  the
      "Maximum Conversion  Date"), unless  the  Company shall  have  obtained
      Stockholder Approval  or  a  waiver of  such  requirement  by  the  OTC
      Bulletin Board or the  National Market on which  the Common Shares  are
      listed and traded at that time within 90 days of the Maximum Conversion
      Date, the Company shall pay  to the Holder upon  the earlier of (x)  90
      days following the Maximum Conversion Date,  and (y) such date that  it
      becomes reasonably  apparent  that  Stockholder Approval  will  not  be
      obtained  within  such 90 day period,  the applicable Prepayment Price.
      The Maximum Number of Shares shall  be subject to adjustment from  time
      to time  for  stock  splits,  stock  dividends,  combinations,  capital
      reorganizations  and  similar  events  relating  to  the  Common  Stock
      occurring after the date  hereof as contemplated by  Article XI of  the
      Agreement.  With respect to each Holder of Convertible Debentures,  the
      Maximum Number of Shares  shall refer to such  Holder's pro rata  share
      thereof based upon the aggregate  principal balance of the  Convertible
      Debentures then outstanding.   In the  event that  the Company  obtains
      Stockholder Approval,  approval  of  the  OTC  Bulletin  Board  or  the
      National Market on  which the Common  Shares are listed  and traded  at
      that time, or otherwise is able to increase the number of shares to  be
      issued above the Maximum Number of Shares (such increased number  being
      the "New Maximum Number of Shares"),  the references to Maximum  Number
      of Shares above shall be deemed  to be, instead, references to the  New
      Maximum Number of Shares.
      4.4  Method of Conversion.

           (1)  Notwithstanding anything to  the contrary  set forth  herein,
      upon conversion of  this Convertible Debenture  in accordance with  the
      terms hereof, the Holder shall not be required to physically  surrender
      this Convertible  Debenture to  the Company  unless the  entire  unpaid
      principal  amount  of  this  Convertible  Debenture  is  so  converted.
      Rather, records showing  the principal amount  converted (or  otherwise
      repaid)  and  the  date  of  such  conversion  or  repayment  shall  be
      maintained on a ledger  substantially in the form  of Annex A  attached
      hereto (a copy of which shall  be delivered to the Company or  transfer
      agent with each Notice of Conversion).  It is specifically contemplated
      that  the  Holder  hereof  shall  act  as  the  calculation  agent  for
      conversions  and  repayments.    In  the   event  of  any   dispute  or
      discrepancies,  such  records  maintained   by  the  Holder  shall   be
      controlling and  determinative  in the  absence  of  manifest  error or
      failure  of  Holder  to  record  the  principal  amount  converted  (or
      otherwise repaid) from time to time, in which events  the record of the
      Company shall be  controlling and determinative.   The  Holder  and any
      assignee, by acceptance of this Convertible Debenture, acknowledge  and
      agree that, by reason of the provisions of this paragraph, following  a
      conversion of a  portion of this  Convertible Debenture, the  principal
      amount represented by  this Convertible  Debenture will  be the  amount
      indicated on Annex A attached hereto (which may be less than the amount
      stated on the face hereof).

           (2)  The Company shall not be required to pay any tax which may be
      payable in  respect  of  any transfer  involved  in  the  issuance  and
      delivery of shares of Common Stock  or other securities or property  on
      conversion of this Convertible Debenture in  a name other than that  of
      the Holder (or in street name),  and the Company shall not be  required
      to issue or  deliver any such  shares or other  securities or  property
      unless and until the  person or persons (other  than the Holder or  the
      custodian in  whose street  name such  shares are  to be  held for  the
      Holder's account) requesting  the issuance thereof  shall have paid  to
      the Company the amount of any such tax or shall have established to the
      satisfaction of the Company that such tax has been paid.

           (3)  Subject to Section 5 hereof, upon receipt by the Company of a
      Notice of Conversion, the  Holder shall be deemed  to be the holder  of
      record  of  the  Common  Stock  issuable  upon  such  conversion,   the
      outstanding principal  amount  and the  amount  of accrued  and  unpaid
      interest on  this  Convertible Debenture  shall  be deemed  reduced  to
      reflect such  conversion,  and,  unless the  Company  defaults  on  its
      obligations under  this  Article 4,  all  rights with  respect  to  the
      portion  of  this  Convertible  Debenture  being  so  converted   shall
      forthwith terminate except  the right to  receive the  Common Stock  or
      other securities, cash  or other assets,  as herein  provided, on  such
      conversion.  Subject  to Section  5 hereof,  if the  Holder shall  have
      given  a  Notice  of  Conversion  as  provided  herein,  the  Company's
      obligation to issue and deliver the  certificates for shares of  Common
      Stock shall be absolute and unconditional, irrespective of the  absence
      of any action by the Holder to enforce the same, any waiver or  consent
      with respect to any  provisions thereof, the  recovery of any  judgment
      against any person or any action by the Holder to enforce the same, any
      failure or delay  in the  enforcement of  any other  obligation of  the
      Company  to  the  Holder  of  record,  or  any  setoff,   counterclaim,
      recoupment, limitation or termination, or any breach or alleged  breach
      by the Holder of any obligation to the Company, and subject to  Section
      4.4(a) irrespective  of any  other circumstance  which might  otherwise
      limit such obligation of the Company  to the Holder in connection  with
      such conversion.  The date of receipt (including receipt via  telecopy)
      of such Notice of Conversion shall be the Conversion Date so long as it
      is received before 5:00 p.m., E.S.T., on such date.

           (4)  Notwithstanding the foregoing, if  a Holder has not  received
      certificates for all shares of Common Stock prior to the expiration  of
      the Deadline  with respect  to  a conversion  of  any portion  of  this
      Convertible Debenture for any reason, then (unless the Holder otherwise
      elects to retain its status as a holder of Common Stock by so notifying
      the Company), the Holder  shall regain the rights  of a Holder of  this
      Convertible Debenture with respect to such unconverted portions of this
      Convertible Debenture and  the Company shall,  as soon as  practicable,
      return such unconverted Convertible Debenture to the holder or, if  the
      Convertible Debenture has not been  surrendered, adjust its records  to
      reflect that  such  portion  of this  Convertible  Debenture  not  been
      converted.  In all cases, the Holder shall retain all of its rights and
      remedies (including,  without  limitation,  (i) the  right  to  receive
      Conversion Default Payments  to the  extent required  thereby for  such
      Conversion Default and any subsequent  Conversion Default and (ii)  the
      right  to  have  the  Conversion  Price  with  respect  to   subsequent
      conversions determined in accordance with Section 4.3 for the Company's
      failure to convert this Convertible Debenture.

           (5)  In lieu of delivering physical certificates representing  the
      Common Stock issuable upon conversion, provided the Company's  transfer
      agent is participating  in the  Depository Trust  Company ("DTC")  Fast
      Automated Securities Transfer program, upon  request of the Holder  and
      its compliance with the provisions contained in Section 4.1 and in this
      Section 4.4,  the Company  shall  use its  best  efforts to  cause  its
      transfer agent  to electronically  transmit the  Common Stock  issuable
      upon conversion  to the  Holder by  crediting the  account of  Holder's
      Prime Broker with DTC through  its Deposit Withdrawal Agent  Commission
      System.

      5.   Redemption.

      5.1  Required Redemption.    In accordance with  the provisions of  the
      Purchase Agreement and this Convertible  Debenture, the Company may  be
      required under certain circumstances,  to redeem in  whole or in  part,
      the remaining unpaid  principal amount of  this Convertible  Debenture,
      for cash at a  redemption price (the "Redemption  Price") equal to  (x)
      the number  of  shares of  Common  Stock into  which  this  Convertible
      Debenture is then convertible, times (y) the average Closing Bid  Price
      of Common Stock for the five (5) Trading Days as reported by  Bloomberg
      L.P. immediately preceding the date that this Convertible Debenture  is
      called for redemption, plus accrued and unpaid interest.

      5.2  Mechanics of  Redemption.   The  Company  shall effect  each  such
      redemption within 10 business days of giving notice of its election  to
      redeem by facsimile with a copy by either overnight or 2-day courier to
      the Holder of this Convertible Debenture to be redeemed at the  address
      and facsimile number of such Holder appearing in the Company's register
      for the Convertible Debentures.  Such redemption notice shall  indicate
      whether the Company  will redeem  all or part  of such  portion of  the
      Convertible Debenture  to be  redeemed  and the  applicable  Redemption
      Price.   The  Company shall  not  be entitled  to  send any  notice  of
      redemption and begin  the redemption procedure  unless it  has (i)  the
      full amount of the Redemption Price, in cash, available in a demand  or
      other immediately  available account  in a  bank or  similar  financial
      institution or  (ii) immediately  available credit  facilities, in  the
      full amount of the Redemption Price,  with a bank or similar  financial
      institution on the date the redemption notice is sent to the Holders of
      this Convertible  Debenture.    Provided,  however,  the  Company  will
      process any Notice of  Conversion received prior to  the issuance of  a
      notice of  redemption; and  further provided  that, after  a notice  of
      redemption has been issued, the Holder may issue a Notice of Conversion
      which will  not  be  honored  unless the  Company  fails  to  make  the
      redemption payment when due.  In the event of such failure, the  Notice
      of Conversion  will  be  honored  as  of the  date  of  the  Notice  of
      Conversion.  Additionally, if the Company  fails to make full  payments
      of the Redemption Price of this Convertible Debenture being redeemed by
      the tenth  day following  the notice  or redemption,  then the  Company
      waives its  right  to redeem  any  of the  remaining  then  outstanding
      Debentures, unless approved by the Holder.

      5.3  Payment of Redemption Price.  The  Redemption Price shall be  paid
      to the Holder of this Convertible Debenture within 10 business days  of
      the delivery of the notice of such redemption to such Holder.

      6.   Holder's Right to Advance Notice of Election Redeem.

      6.1  Holder's Right to Elect  to Receive Notice  of Cash Redemption  by
      Company.  The Holder of this Convertible Debenture shall have the right
      to require  Company  to  provide advance  notice  stating  whether  the
      Company will elect to redeem all  or part of the redeemable portion  in
      cash, pursuant to the Company's redemption rights discussed in  Section
      5.1 above.

      6.2  Mechanics of Holder's Election Notice.   Holder shall give  notice
      to the Company by facsimile (the "Election Notice"), requiring that the
      Company  disclose  whether  the  Company  would  elect  to  redeem  the
      redeemable portion of this Convertible Debenture (in whole or in  part)
      if the Holder  were to  provide a Notice  of Conversion  and sought  to
      convert the  Convertible  Debenture  in such  principal  amount  as  is
      specified in the Notice of Election.

      6.3  Company's  Response.    Company   must  respond,  disclosing   its
      election, within two (2) business days of receipt of Holder's  Election
      Notice via facsimile.  If Company does not respond to Holder within two
      (2) business days  (by 12:00 noon,  if required  above) via  facsimile,
      Company shall  be  deemed  to have  forfeited  its  right  to  exercise
      redemption pursuant to Section 5(a) upon its receipt of (but only  with
      respect to) that Notice of Conversion.

      7.   Miscellaneous.  This Convertible Debenture shall be deemed to be a
 contract made under the laws of the State of Delaware, and for all  purposes
 shall be  governed by  and construed  in accordance  with the  laws of  said
 State.  The parties  hereto, including all  guarantors or endorsers,  hereby
 waive presentment, demand, notice, protest and all other demands and notices
 in connection with the delivery, acceptance, performance and enforcement  of
 this Convertible  Debenture, except  as  specifically provided  herein,  and
 asset to  extensions  of  the  time of  payment,  or  forbearance  or  other
 indulgence without  notice.   The Company  hereby submits  to the  exclusive
 jurisdiction of the  United States District  Court for Delaware  and of  any
 state court  sitting  in Delaware  for  purposes of  all  legal  proceedings
 arising out  of or  relating to  this Convertible  Debenture.   The  Company
 irrevocably waives, to the  fullest extent permitted  by law, any  objection
 which it may now or hereafter  have to the laying of  the venue of any  such
 proceeding brought in such  a court and any  claim that any such  proceeding
 brought in such  a court has  been brought in  an inconvenient  forum.   The
 Company hereby irrevocably waives any and all right to trial by jury in  any
 legal proceeding arising out of or relating to this Convertible Debenture.

      The  Holder  of  this  Convertible  Debenture  by  acceptance  of  this
 Convertible  Debenture  agrees  to  be  bound  by  the  provisions  of  this
 Convertible Debenture which are expressly binding on such Holder.

                            Signature Page Follows
<PAGE>

      IN WITNESS WHEREOF, the Company has  caused this instrument to be  duly
 executed.

      Dated: April ___, 2001

                               Dial-Thru International Corporation

                               By:
                               Name:_______________________________
                               Title:________________________________

<PAGE>

                                                        Convertible Debenture
                                 ANNEX A

                     CONVERSION AND REPAYMENT LEDGER

 ----------------------------------------------------------------------------
                       Interest       Principal
 Date   Principal    Converted or   Converted or    New Principal     Issuer
        Balance          Paid           Paid           Balance       Initials
 ----------------------------------------------------------------------------

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

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

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

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

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

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

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

 FULL NAME AND ADDRESS OF SUBSCRIBER FOR REGISTRATION PURPOSES:

 NAME:

 ADDRESS:

 TEL NO:

 FAX NO:

 CONTACT
 NAME:

 DELIVERY INSTRUCTIONS (IF DIFFERENT FROM REGISTRATION NAME):

 NAME:

 ADDRESS:

 TEL NO:

 FAX NO:

 CONTACT
 NAME:

 SPECIAL INSTRUCTIONS: _____________________________________________________

                       _____________________________________________________

                       _____________________________________________________

<PAGE>

                             NOTICE OF CONVERSION

                   (To be Executed by the Registered Holder

                in order to Convert the Convertible Debenture)

           The undersigned hereby irrevocably elects to convert $________  of
 the principal balance  of the Convertible  Debenture into  shares of  Common
 Stock,  ____  par  value  per  share  (the  "Common  Stock"),  of  Dial-Thru
 International  Corporation  (the  "Company")  according  to  the  conditions
 hereof, as of the date written below.  No fee will be charged to the  Holder
 for any conversion, except for transfer taxes, if any.  The undersigned,  as
 contemplated by Section 5.1 of the Securities Purchase Agreement pursuant to
 which  the  Convertible  Debenture  was  issued,  hereby  states  that   the
 representations and warranties of the undersigned set forth therein are true
 and correct in all  material respects as of  the date hereof (provided,  the
 undersigned makes no representations  concerning its investment intent  with
 respect to the Common Stock received upon this conversion).

 Conversion calculations:

                          ___________________________________________________
                          Date of Conversion

                          ___________________________________________________
                          Applicable Conversion Price

                          ___________________________________________________
                          Number of Shares

                          ___________________________________________________
                          Name/Signature

                          ___________________________________________________
                          Address:EXHIBIT 4.4

                                  EXHIBIT F

                    FORM OF COMMON STOCK PURCHASE WARRANT

 THIS COMMON  STOCK  PURCHASE  WARRANT HAS  NOT  BEEN  REGISTERED  UNDER  THE
 SECURITIES  ACT  OF 1933,  AS AMENDED (THE  "SECURITIES ACT").   THE  HOLDER
 HEREOF, BY PURCHASING  THIS COMMON STOCK  PURCHASE WARRANT,  AGREES FOR  THE
 BENEFIT OF  THE  COMPANY  THAT  SUCH SECURITIES  MAY  BE  OFFERED,  SOLD  OR
 OTHERWISE TRANSFERRED ONLY (A) TO THE COMPANY, (B) PURSUANT TO AN  EXEMPTION
 FROM REGISTRATION UNDER THE SECURITIES ACT,  OR (C) IF REGISTERED UNDER  THE
 SECURITIES ACT AND  ANY APPLICABLE STATE  SECURITIES LAWS.   IN ADDITION,  A
 SECURITIES PURCHASE AGREEMENT ("PURCHASE AGREEMENT"), DATED THE DATE HEREOF,
 A COPY OF WHICH MAY BE OBTAINED FROM THE COMPANY AT ITS PRINCIPAL  EXECUTIVE
 OFFICE, CONTAINS CERTAIN ADDITIONAL AGREEMENTS AMONG THE PARTIES, INCLUDING,
 WITHOUT LIMITATION, PROVISIONS WHICH LIMIT THE EXERCISE RIGHTS OF THE HOLDER
 AND SPECIFY MANDATORY REDEMPTION OBLIGATIONS OF THE COMPANY.

                   _______________________________________

                     DIAL-THRU INTERNATIONAL CORPORATION

                        COMMON STOCK PURCHASE WARRANT

 ----------------------------------------------------------------------------
                                   No. 1
 Number of shares:   100,000       Holder:  Global Capital Funding Group L.P.
                                            106 Colony Park Drive
 Expiration Date: April 11, 2006            Suite 900
                                            Cumming, GA 30040
 Purchase Price Per Share: $0.89

 For identification only.  The governing terms of this Warrant are set forth
                           below.
 ----------------------------------------------------------------------------

 Dial-Thru International Corporation, a Delaware corporation (the "Company"),
 hereby certifies that,  for value  received, GCA  Strategic Investment  Fund
 Limited or assigns ("Holder"), is entitled,  subject to the terms set  forth
 below, to purchase from the Company at any  time or from time to time  after
 the date hereof  and prior to  the fifth anniversary  hereof (the  "Exercise
 Period"), at the Purchase Price hereinafter set forth, One Hundred  Thousand
 (100,000) shares of the fully paid and nonassessable shares of common  stock
 of the Company, $.001 par value per share (the "Common Stock").  The  number
 and character of  such shares  of Common Stock  and the  Purchase Price  are
 subject to adjustment as provided herein.

      The purchase price per share of Common Stock issuable upon exercise  of
 this Warrant  (the "Purchase  Price") shall  initially be  $0.89,  provided,
 however, that the  Purchase Price  shall be adjusted  from time  to time  as
 provided herein.

      1.   Certain  Defined  Terms.    Capitalized  terms  used  herein   not
 otherwise defined shall have the meanings  ascribed thereto in the  Purchase
 Agreement.  As used herein the following terms, unless the context otherwise
 requires, have the following respective meanings:

           (a)  The term  "Company"  shall  include  Dial-Thru  International
      Corporation and  any  corporation  that shall  succeed  or  assume  the
      obligations of such corporation hereunder.

           (b)  The term  "Common Stock"  includes (a)  the Company's  common
      stock, $.001 par value  per share, (b) any  other capital stock of  any
      class or classes (however designated) of the Company, authorized on  or
      after such date,  the holders of  which shall have  the right,  without
      limitation as to amount, either to all or to a share of the balance  of
      current dividends  and  liquidating  dividends  after  the  payment  of
      dividends and distributions on any  shares entitled to preference,  and
      the holders of which shall ordinarily, in the absence of contingencies,
      be entitled to vote for the election of a majority of directors of  the
      Company (even though  the right so  to vote has  been suspended by  the
      happening of  such a  contingency) and  (c) any  other securities  into
      which or for which any of the securities described in (a) or (b) may be
      converted  or  exchanged  pursuant  to  a  plan  of   recapitalization,
      reorganization, merger, sale of assets or otherwise.

           (c)  The term "Other Securities" refers  to any stock (other  than
      Common Stock) and other securities of  the Company or any other  person
      (corporate or otherwise) that  the Holder of this  Warrant at any  time
      shall be entitled to receive, or  shall have received, on the  exercise
      of this Warrant, in lieu of or in addition to Common Stock, or that  at
      any time shall be issuable or shall have been issued in exchange for or
      in replacement of Common Stock or Other Securities pursuant to  Section
      4 or otherwise.

      1.   Exercise of Warrant.

           2.1  Method of Exercise.

           (a)  This warrant may be exercised in whole or in part (but not as
      to a fractional share of  Common Stock), at any  time and from time  to
      time during the Exercise Period by  the Holder hereof by delivery of  a
      notice of exercise (a "Notice of  Exercise") substantially in the  form
      attached hereto as Exhibit  A via facsimile to  the Company.   Promptly
      thereafter the Holder shall  surrender this Warrant  to the Company  at
      its principal  office, accompanied  by payment  of the  Purchase  Price
      multiplied by  the number  of shares  of Common  Stock for  which  this
      Warrant is  being exercised  (the "Exercise  Price").   Payment of  the
      Exercise Price shall be made, at the option of the Holder, (i) by check
      or bank draft  payable to the  order of the  Company, or  (ii) by  wire
      transfer to the  account of  the Company.   Upon  exercise, the  Holder
      shall be entitled to receive, promptly refund the excess to the Holder.
       Upon exercise, the Holder shall be entitled to receive, promptly after
      payment in full, one or more certificates, issued in the Holder's  name
      or in such  name or  names as  the Holder  may direct,  subject to  the
      limitations on transfer contained herein, for  the number of shares  of
      Common Stock so  purchased.  The  shares of Common  Stock so  purchased
      shall be deemed to be issued as of the close of business on the date on
      which the Company shall have received  from the Holder payment in  full
      of the Exercise Price (the "Exercise Date").

           (b)  Notwithstanding anything to  the contrary  set forth  herein,
      upon exercise of all  or a portion of  this Warrant in accordance  with
      the terms  hereof,  the Holder  shall  not be  required  to  physically
      surrender this Warrant  to the Company.   Rather,  records showing  the
      amount so exercised and the date  of exercise shall be maintained on  a
      ledger substantially in the form of Annex B attached hereto (a copy  of
      which shall be  delivered to the  Company or transfer  agent with  each
      Notice of Exercise).  It is  specifically contemplated that the  Holder
      hereof shall act  as the calculation  agent for all  exercises of  this
      Warrant.  In the  event of any dispute  or discrepancies, such  records
      maintained by the Holders shall be controlling and determinative in the
      absence of manifest error.  The Holder and any assignee, by  acceptance
      of  this  Warrant,  acknowledge  and  agree  that,  by  reason  of  the
      provisions of this  paragraph, following an  exercise of  a portion  of
      this Warrant, the number of shares of Common Stock represented by  this
      Warrant will be the amount indicated on Annex B attached hereto  (which
      may be less than the amount stated on the face hereof).

           2.2  Regulation D Restrictions.  The Holder hereof represents  and
 warrants to the Company  that it has acquired  this Warrant and  anticipates
 acquiring the shares of Common Stock  issuable upon exercise of the  Warrant
 solely for its own account for investment purposes and not with a view to or
 for resale of such  securities unless such resale  has been registered  with
 the Commission or an  applicable exemption is available  therefore.  At  the
 time this Warrant is exercised, the Company may require the Holder to  state
 in the Notice of Exercise such representations concerning the Holder as  are
 necessary or  appropriate  to  assure compliance  by  the  Holder  with  the
 Securities Act.

           2.3  Company Acknowledgment.  The Company will, at the time of the
 exercise of this Warrant, upon request of the Holder hereof, acknowledge  in
 writing its continuing obligation to afford to such Holder the  registration
 rights to  which  such Holder  shall  continue  to be  entitled  after  such
 exercise  in  accordance  with  the  provisions  of  a  Registration  Rights
 Agreement dated the date hereof (the  "Registration Rights Agreement").   If
 the Holder  shall fail  to make  any such  request, such  failure shall  not
 affect the continuing obligation  of the Company to  afford such Holder  any
 such rights.

           2.4  Limitation on Exercise.   Notwithstanding the  rights of  the
 Holder to exercise  all or a  portion of this  Warrant as described  herein,
 such exercise rights shall be limited, solely to the extent set forth in the
 Purchase Agreement as if such provisions were specifically set forth herein.
  In addition, the number of shares of Common Stock issuable upon exercise of
 this Warrant is  subject to reduction  as specified in  Section 10.3 of  the
 Purchase Agreement.

      2.   Delivery of Stock  Certificates, etc., on  Exercise.   As soon  as
 practicable after the  exercise of  this Warrant,  and in  any event  within
 three (3) business days  thereafter, the Company  at its expense  (including
 the payment by  it of any  applicable issue, stamp  or transfer taxes)  will
 cause to be issued in the name of  and delivered to the Holder thereof,  or,
 to the extent permissible hereunder, to such other person as such Holder may
 direct, a  certificate or  certificates for  the number  of fully  paid  and
 nonassessable shares of  Common Stock (or  Other Securities)  to which  such
 Holder shall be entitled on such  exercise, plus, in lieu of any  fractional
 share to which such Holder would  otherwise be entitled, cash equal to  such
 fraction multiplied by the then applicable Purchase Price, together with any
 other  stock  or  other  securities  and  property  (including  cash,  where
 applicable) to which such Holder is entitled upon such exercise pursuant  to
 Section 2 or otherwise.

      3.   Adjustment for Extraordinary  Events.   The Purchase  Price to  be
 paid by the Holder upon exercise  of this Warrant, and the consideration  to
 be received upon exercise of this Warrant, shall be adjusted in case at  any
 time or from time to time pursuant  to Article XI of the Purchase  Agreement
 as if such provisions were specifically set forth herein.

      4.   No Impairment.    The  Company  will  not,  by  amendment  of  its
 Certificate of  Incorporation or  through  any reorganization,  transfer  of
 assets, consolidation, merger, dissolution, issue  or  sale of securities or
 any other  voluntary  action, avoid  or  seek  to  avoid  the  observance or
 performance of any of the terms  of this Warrant, but  will at all times  in
 good faith assist in the carrying out of all such terms and in the taking of
 all such action as may be necessary  or appropriate in order to protect  the
 rights of the Holder of this  Warrant against impairment.  Without  limiting
 the generality of the foregoing, the  Company (a) will not increase the  par
 value of any  shares of  stock receivable on  the exercise  of this  Warrant
 above the amount payable therefor on  such exercise, (b) will take all  such
 action as may  be necessary  or appropriate in  order that  the Company  may
 validly and legally issue fully paid and unassessable shares of stock on the
 exercise of this Warrant, and (c) will not transfer all or substantially all
 of its properties and assets to  any other person (corporate or  otherwise),
 or consolidate with or merge into any other person or permit any such person
 to consolidate with or  merge into the  Company (if the  Company is not  the
 surviving person),  unless  such  other person  shall  expressly  assume  in
 writing and will be bound by all the terms of this Warrant.

      5.   Accountant's Certificate as to Adjustments.  In each  case of  any
 adjustment  or  readjustment  in  the  shares  of  Common  Stock  (or  Other
 Securities) issuable on  the exercise of  this Warrant, the  Company at  its
 expense will  promptly cause  independent  certified public  accountants  of
 national standing  selected by  the Company  to compute  such adjustment  or
 readjustment in accordance  with the  terms of  this Warrant  and prepare  a
 certificate setting forth  such adjustment  or readjustment  and showing  in
 detail the  facts  upon which  such  adjustment or  readjustment  is  based,
 including a statement of (a) the consideration received or receivable by the
 Company for  any additional  shares of  Common Stock  (or Other  Securities)
 issued or sold  or deemed to  have been issued  or sold, (b)  the number  of
 shares of Common  Stock (or Other  Securities) outstanding or  deemed to  be
 outstanding, and (c) the Purchase Price  and the number of shares of  Common
 Stock to be received  upon exercise of this  Warrant, in effect  immediately
 prior to such issue or  sale and as adjusted  and readjusted as provided  in
 this Warrant.    The  Company  will  forthwith mail  a  copy  of  each  such
 certificate to the Holder of this Warrant, and will, on the written  request
 at any time of  the Holder of this  Warrant, furnish to  such Holder a  like
 certificate setting  forth the  Purchase Price  at the  time in  effect  and
 showing how it was calculated.

      6.   Notices of Record Date, etc.  In the event of

                (a)  any taking by the Company of a record of the holders  of
      any  class or securities  for the  purpose of  determining the  holders
      thereof who are entitled to receive any dividend or other distribution,
      or any right to subscribe for, purchase or otherwise acquire any shares
      of stock  of any  class or  any  other securities  or property,  or  to
      receive any other right, or

                (b)  any  capital   reorganization   of  the   Company,   any
      reclassification    or recapitalization  of the  capital stock  of  the
      Company or any transfer of all  or substantially all the assets of  the
      Company to or consolidation or merger  of the Company with or into  any
      other person, or

                (c)  any voluntary or involuntary dissolution, liquidation or
      winding-up of the Company,

 then and in each such event the Company will  mail or cause to be mailed  to
 the Holder of this  Warrant a notice  specifying (i) the  date on which  any
 such record is to be taken for the purpose of such dividend, distribution or
 right, and stating the amount and  character of such dividend,  distribution
 or  right,   and  (ii)   the  date   on  which   any  such   reorganization,
 reclassification,   recapitalization,   transfer,   consolidation,   merger,
 dissolution, liquidation or winding-up  is to take place,  and the time,  if
 any, as of which the holders of record of Common Stock (or Other Securities)
 shall be  entitled  to exchange  their  shares  of Common  Stock  (or  Other
 Securities) for then and in each such  event the Company will mail or  cause
 to be mailed to the Holder of this Warrant a notice specifying (i) the  date
 on which any such record is  to be taken for  the purpose of such  dividend,
 distribution or right, and stating the amount of character of such dividend,
 distribution or right, and (ii) the  date on which any such  reorganization,
 reclassification,   recapitalization,   transfer,   consolidation,   merger,
 dissolution, liquidation or winding-up  is to take place,  and the time,  if
 any, as of which the holders of record of Common Stock (or Other Securities)
 shall be  entitled  to exchange  their  shares  of Common  Stock  (or  Other
 Securities)  for   securities  or   other  property   deliverable  on   such
 reorganization, reclassification, recapitalization, transfer, consolidation,
 merger, dissolution, liquidation or winding-up.  Such notice shall be mailed
 at least 20 days  prior to the date  specified in such  notice on which  any
 action is to be taken.

      7.   Reservation of Stock, etc.  Issuable on Exercise of Warrant.   The
 Company will at all  times reserve and keep  available, solely for  issuance
 and delivery on the exercise of this Warrant, all shares of Common Stock (or
 Other Securities)  from  time to  time  issuable  on the  exercise  of  this
 Warrant.

      8.   Exchange of Warrant.

           (a)  On surrender for exchange of this Warrant, properly  endorsed
 and in compliance with the restrictions on transfer set forth in the  legend
 on the face of this Warrant, to the Company, the Company at its expense will
 issue and deliver to or on the order of the Holder thereof a new Warrant  of
 like tenor, in the name of such Holder or as such Holder (on payment by such
 Holder of  any  applicable  transfer  taxes)  may  direct,  calling  in  the
 aggregate on the face or  faces thereof for the  number of shares of  Common
 Stock called for on the face of the Warrant so surrendered.

           (b)  Upon written notice from  the Purchasers that the  Purchasers
 have elected to transfer amongst each  other a portion of this Warrant,  and
 on surrender for amendment and restatement  of this Warrant, the Company  at
 its expense will issue and deliver to or on the order of the Holder  thereof
 a new Warrant of like tenor,  in the name of  such Holder as the  Purchasers
 (on payment by  such Holder of  any applicable transfer  taxes) may  direct,
 calling in the  aggregate on the  face or faces  thereof for  the number  of
 shares of Common Stock as set forth in such notice reflecting such transfer.

      9.   Replacement  of  Warrant.    On  receipt  of  evidence  reasonably
 satisfactory to the Company of the loss, theft, destruction or mutilation of
 this Warrant and, in the case of any such loss, theft or destruction of this
 Warrant, on  delivery  of  an indemnity  agreement  or  security  reasonably
 satisfactory in form and amount to the Company  or, in the case of any  such
 mutilation, on surrender and  cancellation of this  Warrant, the Company  at
 its expense will execute and deliver, in lieu thereof, a new Warrant of like
 tenor.

      10.  Remedies.  The Company stipulates that the remedies at law of  the
 Holder of this Warrant in the event of any default or threatened default  by
 the Company in the  performance of or  compliance with any  of the terms  of
 this Warrant are not and will  not be adequate, and  that such terms may  be
 specifically enforced  by  a decree  for  the specific  performance  of  any
 agreement contained herein or by an injunction against a violation of any of
 the terms hereof or otherwise.

      11.  Negotiability, etc..   This Warrant is  issued upon the  following
 terms, to all  of which each  Holder or owner  hereof by  the taking  hereof
 consents and agrees:

           (a)  title to this Warrant may  be transferred by endorsement  and
 delivery in  the same  manner as  in  the case  of a  negotiable  instrument
 transferable by endorsement and delivery.

           (b)  any person in possession of this Warrant properly endorsed is
 authorized to represent himself as absolute owner hereof and is empowered to
 transfer absolute title hereto by endorsement and delivery hereof to a  bona
 fide purchaser  hereof   for value;  each prior  taker or  owner waives  and
 renounces all of his  equities or rights  in this Warrant  in favor of  such
 bona fide  purchaser,  and  each such  bona  fide  purchaser  shall  acquire
 absolute title hereto and to all rights represented hereby;

           (c)  until this  Warrant  is  transferred  on  the  books  of  the
 Company, the Company may treat the registered Holder hereof as the  absolute
 owner hereof for all purposes, notwithstanding  any notice to the  contrary;
 and
           (d)  notwithstanding the foregoing, this Warrant may not be  sold,
 transferred  or  assigned  except  pursuant  to  an  effective  registration
 statement under the Securities  Act or pursuant  to an applicable  exemption
 therefrom.

      12.  Registration Rights.     The Company is obligated to register  the
 shares of Common Stock issuable upon exercise of this Warrant in  accordance
 with the terms of the Registration Rights Agreement.

      13.  Warrant Redemption.   Upon occurrence of  the events described  in
 Sections 3.4 and  10.4(c) of  the Purchase  Agreement, the  Company, at  the
 request of  Holder,  shall  redeem  all  outstanding  Warrants  that  remain
 unexercised at a redemption price equal  to the greater of (x) an  appraised
 value of the Warrants, as determined by Black Sholes,  on the date they  are
 called for  redemption  and  (y)  the  number  of  Warrants  being  redeemed
 multiplied by the excess of (A) the average Closing Bid Price of the  Common
 Stock for  the five  Trading Days  immediately prior  to the  date that  the
 Warrants are  called for  redemption  over (B)  the  exercise price  of  the
 Warrants.

      14.  Notices, etc..   All  notices and  other communications  from  the
 Company to  the  Holder of  this  Warrant shall  be  mailed by  first  class
 registered or certified mail, postage prepaid,  at such address as may  have
 been furnished to the Company in writing  by such Holder or, until any  such
 Holder furnishes to the Company any address, then to, and at the address of,
 the last Holder  of this  Warrant who  has so  furnished an  address to  the
 Company.

      15.  Miscellaneous.  This Warrant and any  term hereof may be  changed,
 waived, discharged or terminated only by an instrument in writing signed  by
 the party against  which enforcement of  such change,  waiver, discharge  or
 termination is sought.   This   Warrant shall be  construed and enforced  in
 accordance with and governed by the internal laws of the State of  Delaware.
  The headings in this  Warrant are for the  purposes of reference only,  and
 shall not limit or otherwise affect any of the terms hereof.  The invalidity
 or unenforceability  of any  provision hereof  shall in  no way  affect  the
 validity or enforceability of any other provision.

                           [Signature Page Follows]

<PAGE>

      DATED as of April ___, 2001.

                               DIAL-THRU INTERNATIONAL CORPORATION

                               By: _______________________________
                               Name:  John Jenkins
                               Title:  President

 [Corporate Seal]

 Attest:

 By: ______________________
           Secretary

<PAGE>

                                  EXHIBIT A

                      FORM OF NOTICE EXERCISE - WARRANT
                      (To be executed only upon exercise
                     of the Warrant in whole or in part)

 To ____________________________________________

      The undersigned registered Holder  of the accompanying Warrant,  hereby
 exercises such Warrant  or portion  thereof for,  and purchases  thereunder,
 __________1 shares of Common Stock (as defined in such Warrant) and herewith
 makes payment therefor in the amount and  manner set forth below, as of  the
 date written below.  The undersigned requests that the certificates for such
 shares of Common Stock be issued in the name of, and delivered to, _________
 _________________________whose address is _________________________________.

      The Exercise Price is paid as follows:

      [ ]  Bank draft payable to the Company in the amount of $_____________.
      [ ]  Wire transfer  to the  account of  the Company  in the  amount  of
           $___________.

      Upon exercise pursuant to this Notice  of Exercise, the Holder will  be
 in compliance with the Limitation on Exercise (as defined in the  Securities
 Purchase Agreement pursuant to which this Warrant was issued).

 Date: ____________________    ______________________________________________
                               (Name must conform to name of Holder as
                               specified on the face of the Warrant)

                               By: __________________________________________
                                   Name: ____________________________________
                                   Title:____________________________________

                               Address of Holder: ___________________________
                               ______________________________________________
                               ______________________________________________

  Date of exercise: _________________________________________________________

 __________________

      1 Insert the number of shares of Common Stock as to which the
 accompanying Warrant is being exercised.  In the case of a partial exercise,
 a new Warrant or Warrants will be issued and delivered, representing the
 unexercised portion of the accompanying Warrant, to the Holder surrendering
 the same.
<PAGE>

                                   ANNEX B

                           WARRANT EXERCISE LEDGER

 ----------------------------------------------------------------------------
         Original    Warrants    Exercise   New Balance    Issuer     Holder
 Date    Number of   Exercised    Price     of Warrants   Initials   Initials
         Warrants                 Paid
 ----------------------------------------------------------------------------

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

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

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

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

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

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

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

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00030-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00030-of-00352.parquet"}]]