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ARTRX.COM TERMS & CONDITIONS

The following Terms of Use apply to and govern the use of the ArtRx.com Web site
(the "Site") by:  anyone  gathering  information;  listing an Item;  buying,  or
attempting  to buy, an Item;  or by anyone,  including  Affiliates,  Members and
Buyers, who uses the Site (a "User") (hereinafter "you" may mean collectively or
individually  a  Affiliate,  Member,  Buyer and/or  User).  Your use of the Site
signifies  your  agreement to be bound by these terms and  conditions as well as
the terms and conditions of the Privacy Policy.  If you do not agree to be bound
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by the Terms of Use,  you may not  access or  otherwise  use the Site.  Further,
ArtRx.com may, in its sole discretion,  terminate without notice for any reason,
the right of any User to participate on the Site or access the Site.

A.   LICENSE  TO  USE  THE  SITE:   ArtRx.com   grants   you  a   non-exclusive,
non-transferable,  limited  right to access,  use and  display  the Site and the
materials  thereon,  provided  that you comply fully with the Terms & Conditions
referenced  herein.  You shall not  interfere or attempt to  interfere  with the
operation of the Site in any way through any means or device including,  but not
limited to, spamming,  hacking, process spawning,  uploading computer viruses or
time bombs.

B. OPERATION AND SECURITY OF THE SITE:  ArtRx.com,  a division of Nicklebys.com,
Inc., is responsible  for the operation of the ArtRx.com web site ("Site").  All
financial and private  information  will be transmitted  using our secure server
process with Secure Sockets Layer (SSL),  an advanced  encryption  technology to
provide the safest means available for transferring  your personal  information.
This information will not be publicly accessible.

C. MEMBER'S  AGREEMENT This Agreement  constitutes a legal contract between each
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person who registers at the ArtRx.com web site ("Member") and ArtRx.com, binding
at the time the Member has pressed  the I agree  button at the end of the Member
registration  process.  By doing so,  you agree to be bound by all the terms and
conditions  contained  in  this  Terms  &  Conditions  document,  including  all
policies,  disclaimers,  procedures  and  guidelines  incorporated  by reference
herein.

C1.  REGISTRATION  Registration  is free and is not  required to view the public
sections of this site such as viewing the showrooms  and auctions.  But in order
to  become a Member  of this web site to visit  Member  only  sections,  utilize
e-commerce  functions and receive Member  benefits,  you must first complete the
registration  form.  Each person that buys or attempts to buy ("Buyer")  through
the  ArtRx.com  web site must be a  registered  Member.  You must  register as a
Member and set up a customer  account before placing your first purchase or bid.
Once you have filled in your name, address details and financial  information on
our secure  site,  ArtRx will  instantly  open your  personal  customer  account
complete  with  account  name and  security  password.  Once  you have  opened a
customer account,  you will be registered as an ArtRx preferred customer and can
purchase or bid on any of the items listed- seven days a week, 24 hours a day.

Click here to Register Now.
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Only registered  Trade  Affiliates  ("Affiliates")  may utilize the parts of the
site  designated  Trade Only.  To learn more about Trade  Affiliate  programs or

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register as a Trade Affiliate, click here.
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By  registering  as a  Member  or  Trade  Affiliate,  you  agree  to all  terms,
conditions, rules and policies of ArtRx.com. and/or it's Affiliates.

C2. OBLIGATIONS OF BUYER
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C2a.  Submitting  an Auction Bid Offer:  Each  submission by a Buyer of an offer
price ("Offer") in an auction  creates a binding and  irrevocable  obligation on
the part of the  Buyer to pay  fully  and  promptly  the  Total  Purchase  Price
(defined  below) and all other sums due, and perform any other  conditions  with
respect to completion of the  applicable  sale once the Offer has been accepted.
An Offer may not be  cancelled  after it has been  submitted.  ArtRx.com  is not
responsible for any errors or omissions in connection  with the  transmission of
an Offer.  ArtRx.com and/or it's Affiliated galleries,  showrooms,  dealers, and
other trade Affiliates  ("Affiliates")  reserve the right to reject any Offer at
any time or to  require  further  information  in  order to be able to  evaluate
and/or process the order.  In the event of the  submission of identical  Offers,
the  first  Offer  received  by  ArtRx.com  will take  precedence.  If there are
multiple  quantities of the item, Buyers will be awarded items based on the time
that the Offer was placed,  until  quantities are depleted.  In the event of any
dispute  between  Offers,  or in the  event of doubt as to the  validity  of any
Offer,  ArtRx.com  will have the  final  discretion  in  resolving  the  matter,
including  any  dispute  that  arises  after the sale.  All  amounts are in U.S.
dollars unless stated otherwise by ArtRx.com.

C2b.  Submitting a Buy Order:  Buy Orders ("Order") placed to buy items directly
from  showrooms on the  ArtRx.com  site are processed in first  received  order.
ArtRx.com and its Affiliates are not liable for any orders that cannot be placed
if the item shown is no longer available. Order may be cancelled within 72 hours
of  placing  the  order  if  notification  to  cancel  the  order is sent to the
Affiliate via fax or email within that time frame.  ArtRx.com is not responsible
for any errors or omissions in  connection  with the  transmission  of an Order.
ArtRx.com and/or it's Affiliated galleries,  showrooms, dealers, and other trade
Affiliates  ("Affiliates")  reserve the right to reject any Order at any time or
to require further information to be able to evaluate and/or process the Order.

C2c.  Legal  Authority of Buyer:  Registering  to receive a Customer  Account or
submitting  of an Offer or Order is limited to parties who are at least 18 years
old and can lawfully enter into and form contracts.

d. Required Information:  In order for your Offer or Order to be considered,  at
registration  and  customer  account  set-up,   you  must  have  provided  valid
information  such as your real name,  phone number,  e-mail  address,  and other
required  information,  including,  but not  limited to,  information  needed to
process a charge  or  charges  on your  credit  card in the  amount of the Total
Purchase Price.  You have the option to choose at time of purchase to pay with a
different credit card than the one listed on your account, a check , money order
or wire transfer.  By submitting an Offer or Order, you  specifically  authorize
ArtRx.com  and/or  its  Affiliate(s)  to  transmit  the  requested   information
identified  above (including any updated  information) or to obtain  information
about you from third  parties  from time to time,  including  but not limited to
your  credit-card  number or  credit reports (including credit  reports for your

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spouse if you reside in a community property jurisdiction), to authenticate your
identity,  to  validate  your  credit  card,  to obtain an  initial  credit-card
authorization  and to authorize  individual  purchase  transactions.  Each Buyer
specifically  authorizes  ArtRx.com  and/or  its  Affiliate(s)  to charge on the
Buyer's  credit  card or other  credit  facility  up to the amount  required  to
finalize any transaction in accordance with this Agreement.  Buyer  specifically
acknowledges  that if ArtRx.com and/or its Affiliate(s) is unable for any reason
to collect funds  sufficient to completely cover the costs of any transaction to
which such Buyer is a party,  ArtRx.com  and/or its  Affiliate(s)  reserves  the
right to turn such  matters over to  collection  agents.  You also  specifically
authorize ArtRx.com to share such information with its Affiliates.

C2e. .  Notification Of Accepted  Offer:  After an Offer has been accepted,  you
will be notified by e-mail and/or fax by the ArtRx.com  Affiliate  business from
which you have ordered.  When there are multiple Offers for an item listed,  and
there are not enough  items to satisfy all Buyers,  the Buyer with the  earliest
Offer will be the successful purchaser. If there are multiple quantities, Buyers
will be awarded items based on the time the Offer was placed,  until  quantities
are  depleted.  You will  receive an e-mail  message  if you are the  successful
Buyer.  Neither  ArtRx.com nor any of its Affiliates can be held responsible for
any message that does not get through the successful Buyer. It is suggested that
you check your account status at My Account.

C2f. Offer Or Order Retractions:  Once an Offer is made and confirmed, it cannot
be retracted.  ALL Offers ARE NON-CANCELLABLE  ONCE SUBMITTED.  When an Offer is
made,  you disclose your intent and ability to buy the item at the price stated.
Any  winning  Buyer who  refuses  to  purchase  the item may be banned  from the
ArtRx.com site. A fraudulent  Offer or buy order may result in legal action.  An
Offer or Buy Order by any  registered  person shall be deemed  conclusive  proof
that the Buyer is familiar with the terms and conditions of ArtRx.com,  Inc. and
its  Affiliates  rules and conditions and agrees to be bound by them. Buy Orders
(direct purchase from showroom only) may be cancelled within 72 hours of placing
the order if  notification  to cancel is sent to the  Affiliate via fax or email
within  that  time  frame.  If item has  already  been  shipped,  Buyer  will be
responsible for returning the item in its original  condition as well as payment
of all shipping and handling and insurance costs incurred.

C2g.  Right of Remedy for  Buyer's  Failure:  If Buyer  fails to comply with any
applicable provisions of this Agreement,  ArtRx.com and Affiliate may cancel the
sale and  re-offer  the Item.  This  action  may be taken in  addition  to other
remedies  available by law or in equity,  including without limitation the right
to hold the Buyer liable for the Total Purchase Price, at its option.  ArtRx.com
may also hold the Buyer liable for any and all costs of  collection or re-offer,
handling  charges,  late charges and penalties at the highest rate allowed under
applicable  law,  commissions and any legal fees and expenses as allowable under
the laws and statutes of the state of Colorado.

C3. PAYMENT TERMS

C3a.  Payment Due Upon  Acceptance:  Upon acceptance of your Offer or Order, you
will be liable  immediately to pay the Total Purchase Price and you will also be
notified by e-mail  confirming  that you have  purchased the Item. The Affiliate

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will  simultaneously  receive an email  advising them to reserve the Piece.  The
"Total Purchase Price" is the accepted Offer or Order price, plus any taxes that
are required to be collected  pursuant to applicable  law,  plus shipping  costs
and, if applicable,  customs duties or other costs associated with import/export
of the Item to the Buyer, plus any other costs directly  requested by the Buyer,
such as  insurance  in  addition  to any  insurance  that may be provided by the
Affiliate.  If not paying by  registered  credit card,  payment  terms are to be
agreed  upon  immediately  by Buyer  and the  ArtRx.com  Affiliate.  If  payment
arrangements  are not  completed  within 7 days,  sale may be cancelled and Item
re-offered  as well as action may be taken  against  Buyer as  detailed in point
C2g.

C3b.  Forms of  Payment:  If not  paying  online  by  credit  card,  Buyer  must
immediately make  arrangements  with the ArtRx.com  Affiliate  regarding form of
payment.  The  following  are  accepted by most  Affiliates:  major credit cards
(Visa(R),  MasterCard(R),  American Express(R)), debit cards with the Visa(R) or
MasterCard(R)  logo,  personal and certified  checks drawn on U.S. banks,  money
orders and wire transfers.  All payments must be in U.S. dollars.  If you select
to pay by either check,  money order or wire transfer,  the ArtRx.com  Affiliate
will contact you with your final  invoice,  including  any shipping and handling
charges and the address to which you should mail your payment or the bank number
to which you should wire payment.  Buyers must promptly send irrevocable  checks
or wires  in U.S.  dollars  for the  Total  Purchase  Price.  ArtRx.com  and its
Affiliates  reserve the right to require a facsimile copy of credit card, ID and
signature for certain credit card purchases.  If for any reason ArtRx.com and/or
its  Affiliate  are unable to charge your credit card in the amount of the Total
Purchase  Price,  you  agree to pay the Total  Purchase  Price  through  another
acceptable  form of  payment  immediately.  Regardless  of payment  method,  all
payments  must first be  received,  processed  and cleared  prior to shipment of
merchandise.

C3c. Taxes:  The Total Purchase Price includes any sales or use tax, VAT, GST or
other applicable  transactional  tax, as determined by the ArtRx.com  Affiliate.
ArtRx.com  is  not  obligated  to  determine  whether  taxes  apply  and  is not
responsible to collect,  remit or report any sales or use taxes arising from any
transaction. Even if a sales tax does not apply, the Buyer may be subject to pay
a  compensating  use tax or other  tax in their  place of  residence.  It is the
Affiliate's and the Buyer's responsibility to determine whether sales, use, VAT,
TVA or other taxes apply to the  transactions  and to collect,  report and remit
the correct tax to the appropriate tax authority.

C3d.  Fraud:  All forms of payment  submitted must be valid and all  information
accurately  provided.  Credit  cards  used must be issued in the  Buyer's  name,
valid,  non-expired  and the account must be in good  standing  with a reputable
financial  institution.  Credit  card  or bank  accounts  must  have  sufficient
available  credit or funds to process the amount charged on the card or drawn on
check.  By  placing an Offer or Order,  the Buyer  states to  ArtRx.com  and its
Affiliates  that they are the authorized and legal user of the submitted form of
payment.  Buyer may not submit any information  under a false name,  under false
pretenses  or use an  invalid or  unauthorized  form of  payment.  Buyer may not
submit an Offer or Order under a false name, impersonate any participant, or use

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another Member's  password(s).  Fraudulent conduct is a violation of federal and
state laws and may be reported to law  enforcement  authorities,  and  ArtRx.com
will  cooperate to ensure that violators are prosecuted to the fullest extent of
the law.

C3e.  Signature  Verification/Transaction  Limits:  ArtRx.com and its Affiliates
reserve the right to require a facsimile  copy of credit card,  ID and signature
for certain  credit  card  purchases.  At its  discretion,  ArtRx.com  may place
limitations  or  restrictions  on the  dollar  amount or number of  transactions
attempted or completed  through the Site by a Buyer or set of Buyers.  ArtRx.com
will notify the affected parties  regarding this policy and will attempt to make
alternate  arrangements.  In addition,  ArtRx.com may  investigate  any reported
violation of the Site policies or complaints  and take any action that they deem
appropriate  which  may  include,  but  is not  limited  to,  issuing  warnings,
suspending or terminating service,  denying access and/or removing any materials
on the Site.

C3f.  Charges and Disputes:  The Buyer is bound by any  credit-card  charge they
have authorized or any check, money order or wire transfer remitted to pay for a
transaction.  Items may be returned  for Refund only as stated in the  ArtRx.com
Return Policy. In the event of any dispute,  ArtRx.com,  at the Buyer's request,
will attempt to help resolve any dispute with the Affiliate.

C4.  SHIPPING:

Once an Offer has been  accepted,  credit  cards will be debited and the item(s)
will be shipped within 72 hours.  If you pay by check,  the item will be shipped
10 days after  receipt of payment.  If you pay by money order or wire  transfer,
your item(s) will be shipped within 72 hours of receipt of payment.

C4a.  Fees,  Duties And Insurance:  The Buyer is responsible  for paying for the
cost of shipping  and  handling the Item and this amount will be included in the
Total  Purchase  Price.  The  Affiliate  will be  responsible  for selecting the
shipper, ensuring it is packed properly and paying the appropriate insurance for
shipping the Item for all risks of loss or physical  damage.  Shipping costs may
be substantial,  particularly for large or heavy item. Some fragile or unusually
constructed  items may  require  special  packing.  If the Item is shipped  from
another country,  Buyer is also obligated to pay any costs of export and import,
including,  without  limitation,  duties, fees (brokerage or other) and costs of
permits,  which in some cases may also be substantial.  For these items,  Buyers
should  contact the ArtRx.com  Affiliate  prior to making an Offer or placing an
Order for assistance in determining  these costs.  ArtRx.com is not  responsible
for the acts or omissions of carriers of purchased Items. Furthermore, we accept
no  liability  for any  failure of the  Affiliate  to  promptly  ship the Items,
although to the extent we are notified of any significant  delay or failure,  we
will attempt to assist. If the Affiliate subsequently cannot fulfill your order,
you will be notified by e- mail and your payment will be fully reimbursed.

C4b. Import/Export Restrictions:  Certain Items may require cultural and customs
permits for export from the country in which they are located  and/or  import to
the  Buyer's  country,  and may also be  subject  to a right of pre-  emption or
compulsory purchase by the country from which they are to be exported. Affiliate
has the responsibility to ensure that the item is properly and lawfully exported
from the  country in which it is  located.  Property  imported  into the Buyer's

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country is the responsibility of the Buyer. Artrx.com makes no representation or
warranty and accepts no liability whatsoever to the affiliate,  the buyer or any
third  party in respect of the  availability  or  issuance  of valid  import and
export permits or the existence or exercise of pre-emption rights to purchase by
governmental or regulatory authorities anywhere.

C4c. Title;  Risk of Loss:  When the Affiliate  delivers the Item to the shipper
for  shipment to the Buyer,  title to the Item and risk of loss will pass to the
Buyer. If the Buyer collects the Item from the Affiliate in person, title to the
Item and risk of loss will pass to the Buyer upon delivery. Packing and handling
of purchased Items is at the entire risk of the Buyer subject to the Affiliate's
obligation to pay for and provide insurance during shipment to Buyer as provided
in this Agreement.

C4d. Damaged Upon Arrival:  If the package received appears damaged (Do Not Open
the  package)  or if  the  Item  appears  to  have  been  damaged  in  shipping,
immediately  contact the Affiliate to report the damage.  Unless reported within
24 hours, damaged items will not be accepted for return.

C5.  GUARANTEE AND REFUNDS
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Unless explicitly stated in the item description,  all goods ARE UNCONDITIONALLY
GUARANTEED  AND CARRY A 14-DAY  MONEY back  guarantee.  Click here to review the
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ArtRx.com Return Policies and Procedures.

C5a.  No Refunds  After  Fourteen  Days.  Buyer may not request a refund for any
reason,  except with regard to  authenticity  claims,  after  fourteen days from
receipt of the Item.

C5b.  Refunds for Failure to Ship.  Affiliate will provide a refund of the Total
Purchase Price in the event the item cannot be shipped to the Buyer.

C5c. Refund is Sole Remedy.  Buyer acknowledges that its sole remedy,  including
without  limitation to the condition of the Item, the payment process,  the time
of delivery  and any of the  representations  or  warranties  contained in these
Terms & Conditions,  consists of a cancellation  of the sale and a refund of the
Total  Purchase Price and that such remedy is exclusive and in lieu of any other
remedy which might otherwise be available to the Buyer as a matter of law, or in
equity.  The Buyer  shall not be  entitled to any  incidental  or  consequential
damages incurred or claimed.

C6.  REPRESENTATIONS BY AFFILIATES

C6a.  Representation  of Right to Sell:  All Items  offered on the Site are sold
subject to the specific representations and warranties provided by the Affiliate
to  ArtRx.com.  The  Affiliate  has  made  the  following   representations  and
warranties to ArtRx.com  upon the posting of any Item for sale on the site:  the
Affiliate has the exclusive right to sell the Item; that good title and right to
possession  to the Item will pass to the Buyer  free of all  liens,  claims  and
encumbrances of others,  including, but not limited to, claims of governments or
governmental agencies; that the Affiliate has no reason to believe that the Item
is not authentic or is counterfeit;  and that, if applicable,  the Item has been
lawfully  imported into the jurisdiction in which it is currently  located,  and
has been  lawfully  and  permanently  exported  as  required  by the laws of any
country (including any laws or regulations  applicable in the European Union) in

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which it was located previously,  and that required declarations upon the export
and import of the Item have been  properly  made and any duties and taxes on the
export and import of the Item have been paid.  ArtRx.com is not  responsible for
representations  made by  Affiliates,  but, at its  discretion,  will attempt to
assist and mediate towards a satisfactory resolution should any dispute occur.

C6b. Representation of Description,  Condition and Authenticity:  Affiliates are
solely responsible for descriptions,  statements of condition,  certification of
authenticity,  title, estimates, and all other matters relating to the offer and
sale of the Item.  ArtRx.com is not responsible for any errors or omissions with
respect to the above points.  Other than as set forth in this Agreement pursuant
to the Affiliate's representations and the Certification of Authenticity,and the
ArtRx 14 day Return  Guarantee  in point C5.,  all  property on the Site is sold
with no other guarantees,  warranties or representations,  expressed or implied,
to any Buyer with respect to the  property,  including  without  limitation  its
merchantability,  fitness for a particular purpose, quality, rarity, importance,
provenance,  exhibitions,  literature or historical relevance of the property or
otherwise, including whether the Buyer acquires any reproduction rights or other
intellectual  property rights in the property.  No statement  anywhere,  whether
oral or written, shall be deemed such a guarantee, warranty or representation.

C6c. Certification of Authenticity: As part of the authentication representation
set forth  above,  and subject to the  limitations  set forth  elsewhere in this
Agreement,  the Affiliate  guarantees that each Item offered by the Affiliate is
not a counterfeit  (as defined below) and the creator or originator of the Item,
or the date on which or period during which the Item was created, the culture or
source of origin with which the item is identified, or the medium and support as
set forth in the  description of the Item provided by the Affiliate are true and
accurate  to the  best  of the  Affiliate's  knowledge  (the  "Certification  of
Authenticity").  Affiliate  may not  modify or  disclaim  this  warranty  in the
descriptions  the  Affiliate  provides  for a Item or in any oral  statement  or
document the Affiliate makes or provides to Buyers. If the description  provided
by the Affiliate does not include a statement with regard to attribution,  date,
period,  medium and  support or culture or source of origin of an Item,  then no
guarantee is made with regard to such attributes.  Also, any and all qualifiers,
including but not limited to "attributed to," "style of", "manner of" or "circle
of," contained in the Item description or elsewhere should be taken into account
by any  prospective  Buyer and will be taken  into  account in  connection  with
evaluating   any  return  claim  in  connection   with  the   Certification   of
Authenticity.  As used herein,  a "counterfeit"  means an intentional  deception
created since 1875 as to any of the following: attribution, date, period, medium
and support and culture or source of origin of a Item, which materially affected
the value of the Item compared to that  reflected in the Offer or Order Price at
time of payment. No Item shall be considered a counterfeit by reason only of any
damage  and/or   restoration   and/or   modification   work  of  any  kind.  The
Certification  of Authenticity  does not apply to: the actual  authorship of any
paintings,  drawings  or  sculpture  created  prior to 1875,  unless the Item is
determined to be a  counterfeit;  attribution  that was in  accordance  with the

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generally  accepted  opinion of scholars or specialists on the date the Item was
sold;  Items for which there has been a change in scholarship  since the date of
sale of the Item; Items for which the only means of establishing  that such Item
was  counterfeit  at the time of sale was by a method  or  process  that was not
generally  accepted  for use until  after  the date of sale or was  unreasonably
expensive or  impractical  or was likely to cause damage or loss of value to the
Item; any description  which identifies a conflict of specialist  opinion on the
authorship or other  character of the Item;  anything other than the actual work
of art including frames, mounting and bases.

D. POLICIES:  By participating in ArtRx.com and any of ArtRx.com  Affiliates web
sites you agree to ArtRx.com's  and its  Affiliates  Terms and Conditions and to
the following:

D1.  Right of Refusal:

ArtRx.com and its  Affiliates  reserve the right to refuse service to any person
at any time. ArtRx.com and/or its Affiliates reserve the right to void or reject
offers  or buy  orders  considered  not to be made in good  faith or  which  are
restricted,  taxed,  or  prohibited  due to local law.  ArtRx.com  may refuse to
process a transaction  for any reason or refuse service to anyone at any time in
its sole  discretion.  ArtRx.com.  and/or its Affiliates  reserve the right,  at
their discretion, to withdraw any item before it is sold and to remove, or alter
at any time, any auction, product type, item, etc., as well as to remove, screen
or edit any content or  materials on the Site.  ArtRx.com  will not be liable to
any Buyer,  Affiliate or third party by reason of  ArtRx.com's  withdrawing  any
Item from the site;  removing,  screening or editing any materials or content on
the Site;  refusing to process a transaction or suspending any transaction after
processing has begun. ArtRx.com will not be obliged to sell Item(s) to the Buyer
if,  for  example,  these  Items  are not  available  or they have  either  been
incorrectly priced or described on our web site.

D2.  Disclaimers:

ArtRx.com and its Affiliates do not guarantee  preservation  and  maintenance of
records and may delete information at its discretion. The Terms & Conditions may
be amended from time to time at ArtRx.com and/or its Affiliates web site(s).

D3.  Responsibilities:

ArtRx.com  and/or  its  Affiliates  are not  responsible  for  typographical  or
photography  errors  that may  appear in this web  site.  ArtRx.com  and/or  its
Affiliates are not  responsible  for purchases not being  processed or not being
accepted due to technical  difficulties.  Each Member is solely  responsible for
maintaining  the  security of their  password.  Members may not  disclose  their
password to any third party (other than third  parties  authorized by you to use
your  account),  and the Member is solely  responsible  for any use of or action
taken under their  password on the Site.  If your password is  compromised,  you
must  change  your  password.  ArtRx.com  and/or its  Affiliates  cannot be held
responsible  for any  incidental  or  consequential  damage as a result from the
purchase of any item from their web site(s).  All sales are payable on demand in
U.S.  Dollars,  by credit card,  check or money order.  Offers or buy Orders are
considered  to be intent to  purchase  and Buyers are  legally  responsible  for
payment.

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E. COPYRIGHT; RESTRICTIONS:  Contents of this website are the exclusive property
of ArtRx.com, and/or its Affiliates (copyright 2001) and may not be used without
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<PAGE>

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<PAGE>

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in part, including documents referred and incorporated herein such as the Refund
                                                                          ------
Policy and Privacy Policy,  at any time.  Changes in the Terms & Conditions will
           -------
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<PAGE>

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<PAGE>

you in any Communications in any way whatsoever.

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Colorado,  metropolitan  area. All time limits for conducting  such  arbitration

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<PAGE>

shall be  truncated  so that a  decision  is  rendered  within 45 days after the
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successor to ArtRx.com, a division of Nicklebys.com, Inc.
================================================================================

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                          c 2001, Nicklebys.com, Inc.
                  Usage of this site is bound by these terms.
                                                       -----

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<PAGE><PAGE>
Exhibit 10.4

                        ASSET PURCHASE & ASSIGNMENT AGREEMENT

THIS AGREEMENT dated the 18th day of September, 2001

BETWEEN:

         FYRC INC.,
         a corporation incorporated pursuant to the
         laws of the British Virgin Islands
         and having an office at
         1st Floor, No 8 Pictet de Rochemont
         1207, Geneva, Switzerland

         (herein called the "VENDOR")

                                                         OF THE FIRST PART

AND:

         BINGO.COM, INC.,
         a corporation incorporated pursuant to the
         laws of the state of Florida
         and having an office at
         3rd Floor, 1286 Homer St.
         Vancouver, British Columbia, Canada

         (herein called the "PURCHASER")

                                                         OF THE SECOND PART

WITNESSES THAT WHEREAS:

A. The Vendor has acquired all right, title and interest, in the United States
of America and the world, in and to certain inventions related to a method for
Skill-Bingo (the "SKILL-BINGO INVENTIONS"), as disclosed in the proposed patent
application attached hereto as Schedule "B" (the "SKILL BINGO PATENT
APPLICATION") and is desirous of selling, assigning, transferring and
relinquishing to the Purchaser all of its right, title and interest in and to
the Skill-Bingo Inventions, on those terms and conditions hereinafter set forth;

B. The Purchaser is desirous of purchasing and acquiring from the Vendor and
confirming that it has acquired all right, title and interest in the United
States of America and the world, in and to the Skill-Bingo Inventions, on those
terms and conditions hereinafter set forth;

<PAGE>

                                      - 2 -

NOW THEREFORE in consideration of the premises and the respective covenants,
agreements representations and warranties of the parties herein contained and
for other good and valuable consideration (the receipt and sufficiency of which
is hereby acknowledged) the parties hereto covenant and agree as follows:

1        DEFINITIONS AND INTERPRETATION

1.1      For the purposes of this Agreement, unless the context otherwise
requires, the following terms will have the respective meanings set out below
and grammatical variations of such terms will have corresponding meanings:

         (a)  "Agreement" means this Asset Purchase & Assignment Agreement;

         (b)  "Business Quarter" means the period of three consecutive months
              commencing on October 1, 2001 and on each three month anniversary
              thereof, as case may be;

         (c)  "Cumulative Gross Revenue" at any particular time means the Gross
              Revenue of the Purchaser derived from all sources utilizing the
              Skill-Bingo Inventions for the period commencing on the date of
              this Agreement and ending at that time;

         (d)  "Gross Revenue" means, in respect of any specified period, the
              gross revenue of the Purchaser derived from the utilization of the
              Skill-Bingo Inventions for that period, without setoff of any
              kind, as determined in accordance with United States of America
              generally accepted accounting principles and, where the period
              specified is a Business Quarter, reportable as such on the
              financial statements of the Purchaser for that Business Quarter
              (or, where that Business Quarter is the fourth Business Quarter of
              a fiscal year of the Purchaser, the financial statements of the
              Purchaser for that fiscal year, being, by implication, the
              difference between the gross revenue of the Purchaser reportable
              therein for that fiscal year and the aggregate gross revenue of
              the Purchaser previously reported for the first three Business
              Quarters of that fiscal year) required to be filed with the United
              States of America Securities and Exchange Commission;

         (e)  "Purchase Price" means the greater of:

              (i)  Two Hundred Thousand United States Dollars (U.S.$200,000);
                   and

              (ii) 4% of the Gross Revenue derived by the Purchaser during
                   the period commencing on Closing and ending on December 31,
                   2098; and

              payable to the Vendor for all of the right, title and interest of
              the Vendor in and to the Skill Bingo Inventions, as provided in
              Section 3 herein;

         (f)  "Skill Bingo Inventions" means those inventions related to a
              method for Skill Bingo disclosed in the Skill Bingo Patent
              Application; and

<PAGE>

                                      - 3 -

         (g)  "Skill Bingo Patent Application" means the proposed patent
              application attached as Schedule B to this Agreement.

1.2      The division of this Agreement into sections and subsections and the
insertion of headings are for convenience of reference only and will not affect
the interpretation of this Agreement. Unless otherwise indicated, any reference
in this Agreement to a section or subsection refers to the specified section or
subsection of this Agreement.

1.3      In this Agreement, words importing the singular number only will
include the plural and vice versa, words importing gender will include all
genders and words importing persons will include individuals, corporations,
partnerships, associations, trusts, unincorporated organizations, governmental
bodies and other legal or business entities of any kind whatsoever.

1.4      In this Agreement "hereof", "herein", "hereby", "hereto" and similar
terms refer to this Asset Purchase & Assignment Agreement and not to any
particular clause, paragraph or other part of this Agreement. References to
particular clauses are to clauses of this Agreement unless another document is
specified.

1.5      In this Agreement "including" means including without limitation or
prejudice to the generality of any description, definition, term or phrase
preceding that word, and the word "include" and its derivatives will be
construed accordingly.

2        PURCHASE AND SALE -- ASSIGNMENT

2.1      For and in consideration of the covenant and agreement of the
Purchaser to pay the Purchase Price to the Vendor as herein provided, the
sufficiency of which is hereby acknowledged by the Vendor, the Vendor hereby
confirms that the Vendor has sold, assigned and transferred, and by these
presents does hereby sell, assign and transfer to the Purchaser the entire
right, title and interest in the United States of America and in the world in
and to the Skill-Bingo Inventions, including without limitation:

         (a)  all right, title and interest in the United States of America and
              in the world in, to and under the Skill-Bingo Patent Application
              and any registration issuing thereunder and any other patents for
              the Skill-Bingo Inventions, anywhere in the world;

         (b)  the right to file the Skill-Bingo Patent Application and
              additional patent applications in any country for said Skill-Bingo
              Inventions, and to do so in its own name (such applications
              hereinafter referred to as "Additional Patent Applications");

         (c)  all right, title and interest in the United States of America and
              in the world in any and all existing or future substitute,
              divisional, continuation or continuation-in-part patent
              applications deriving directly or indirectly either in whole or in
              part from the Skill Bingo Patent Application or the Skill Bingo
              Inventions and any Additional Patent Applications (such
              applications hereinafter referred to as "Derivative
              Applications");

<PAGE>

                                      - 4 -

         (d)  all right, title and interest in the United States of America and
              in the world, in, to and under all patents granted directly or
              indirectly on or as a result of the Skill-Bingo Patent
              Application, any Additional Applications, and any Derivative Bingo
              Like Applications, and any reissues, renewals or extensions
              thereof;

         (e)  the right to claim benefits available in any country under the
              International Convention For The Protection of Industrial
              Property, and any like treaties or laws; and

         (f)  the right to claim and to the benefit of any priority dates
              established by the Skill-Bingo Inventions or the Skill-Bingo
              Patent Application;

free and clear of all encumbrances, the same to be owned, held and enjoyed by
the Purchaser and its his successors and assigns as fully and exclusively as it
would have been held and enjoyed by the Vendor had this sale, assignment and
transfer not been made.

3        PAYMENT OF THE PURCHASE PRICE

3.1      The Purchaser will pay the Purchase Price to the Vendor as follows:

         (a)  upon execution of this Agreement, the sum of Five Thousand United
              States Dollars (U.S.$5,000.00) by wire transfer to the account of
              the Vendor in accordance with the following instructions:

              To:               Barclays Bank
                                St. Peters Port
                                Guernsey
                                Channel Islands

              Swift Code:       BARCGB22

              Sort Code         20-35-32

              For Credit To:
              the account of:   FYRC Inc.

              Account Number:   52139188

              Advising:         John Wright/David Bertram

                                Tel. +44-1481-705606

         (b)  at those times specified in Schedule A attached hereto, the
              balance of the Purchase Price in those amounts specified in that
              schedule, by wire transfers to the account of the Vendor in
              accordance with the instructions specified in section 3.1(b), with
              the account number of the Vendor being such number as the Vendor
              shall have advised the Purchaser in writing prior to the date upon
              which the first such payment is required to be made.

<PAGE>

                                      - 5 -

3.2      The Purchaser will, on or before February 15, 2002, report to the
Vendor in writing the Gross Revenue of the Purchaser for the period commencing
on the date of this Agreement and ending on December 31, 2001 and will on or
before the forty-fifth (45th) day after the end of each Business Quarter of the
Purchaser, report to the Vendor in writing the Gross Revenue of the Purchaser
for that Business Quarter.

4        DEFAULT

4.1      In the event that the Purchaser fails to make a payment in respect
of the Purchase Price as provided in this Agreement, the Vendor will notify the
Purchaser in writing of such default (a "Default Notice") and upon receipt of
any particular Default Notice, the Purchaser shall have sixty (60) days within
which to make the payment specified therein as being outstanding (the "Default
Period" in respect of such Default Notice) .

4.2      The Purchaser hereby grants to the Vendor a security interest (the
"Security Interest") in the Patent and in all of the Purchaser's rights, title
and interest in the Patent, to secure payment due payment of the Purchase Price
to the Vendor in accordance with the terms of this Agreement. The Purchaser
agrees that the Security Interest will attach to the Patent immediately upon
execution of this Agreement and that, to the extent necessary to give full
effect to the Security Interest, this clause is intended to constitute a
Security Agreement as defined in the Personal Property Act of British Columbia,
as amended from time to time. This Security Agreement is separate from and will
survive the termination, expiry or disclaimer of the remaining provisions of
this Agreement. If the Purchaser fails to make due payment of the Purchase Price
in accordance with the terms of this Agreement, the Vendor itself, or by its
agents, employees, or by a receiver appointed by the Vendor, may realize upon
the Patent and enforce the Security Interest by all or any of the remedies,
methods or proceedings authorized or permitted by law, including without
limitation all rights, remedies and methods available to a secured party under
the said Personal Property Security Act and any other similar statutes from time
to time in force in British Columbia.

5        REPRESENTATIONS AND WARRANTIES OF THE VENDOR

5.1      The Vendor represents and warrants to the Purchaser, with the intent
that the Purchaser will rely thereon in entering into this Agreement, that:

         (a)  the Vendor is a corporation duly incorporated, validly existing,
              and in good standing under the laws of the British Virgin Islands
              and has the power, authority, and capacity to enter into this
              Agreement and to carry out its terms;

         (b)  the execution and delivery of this Agreement and the completion of
              the transaction contemplated hereby have been duly and validly
              authorized by all necessary corporate action on the part of the
              Vendor, and this Agreement constitutes a valid and binding
              obligation of the Vendor enforceable against the Vendor in
              accordance with its terms;

<PAGE>
                                      - 6 -

         (c)  the Vendor is the legal and beneficial owner of the Skill-Bingo
              Inventions, free and clear of all encumbrances whatsoever, and is
              not a party to or bound by any contract or any other obligation
              whatsoever that limits or impairs its ability to sell, transfer,
              assign or convey, or that otherwise affects, the Skill-Bingo
              Inventions;

         (d)  the Vendor has the right to convey, assign and transfer all of the
              right, title and interest in the Skill-Bingo Inventions in the
              manner provided herein;

         (e)  no person other than the Purchaser has been granted any interest
              in or right to use the Skill-Bingo Inventions or any portion
              thereof; and

         (h)  the Vendor is not aware of any claim of infringement (or the
              inducing of or contribution to the infringement) of any
              intellectual property rights of any other person arising from the
              use of the Skill-Bingo Inventions, nor has the Vendor received any
              notice that use of the Skill-Bingo Inventions infringes upon or
              breaches or will infringe upon or breach any intellectual property
              rights of any other person;

6        COVENANTS OF THE VENDOR

6.1      The Vendor hereby covenants and agrees to do all such things and
to execute or obtain execution without further consideration of such further
lawful documents, assurances, applications and other instruments as may be
reasonably required to make and prosecute at Purchasers cost any and all patent
applications in the United States of America and anywhere else in the world on
the Skill-Bingo Inventions; to enforce, at Purchasers cost, any patents arising
from or out of the Skill-Bingo Inventions, the Skill-Bingo Patent Application
and any and all patents in the United States of America, Canada or elsewhere on
the Skill-Bingo Inventions, and to confirm in the Purchaser or its successors
and assigns, legal title in the United States of America, and anywhere else in
the world, to the Skill-Bingo Inventions, the Skill-Bingo Patent Application,
all Additional Applications and Deriviative Applications and all United States
patents and United States applications, Canadian patents and Canadian patent
applications and any other patents or applications for patents, anywhere in the
world, on the Skill-Bingo Inventions.

7        REPRESENTATIONS OF THE PURCHASER

7.1 The Purchaser represents and warrants to the Vendor as follows, with the
intent that the Vendor will rely thereon in entering into this Agreement that:

         (a)  the Purchaser is a corporation duly incorporated, validly
              existing, and in good standing under the laws of State of Florida
              and has the power, authority, and capacity to enter into this
              Agreement and to carry out its terms; and

         (b)  the execution and delivery of this Agreement and the completion of
              the transactions contemplated hereby has been duly and validly
              authorized by all necessary corporate action on the part of the
              Purchaser, and this Agreement constitutes a valid and binding
              obligation of the Purchaser in accordance with its terms.

<PAGE>

                                      - 7 -

8        COVENANTS OF THE PURCHASER

8.1      The Purchaser hereby covenants and agrees that, until the Purchase
Price has been paid in full by the Purchaser, the Purchaser will not assign,
transfer, relinquish, dispose of or encumber in any manner any right, title,
benefit or interest in and/or to the Skill-Bingo Inventions and/or the
Skill-Bingo Patent Application without the written consent of the Vendor.

8.2      The Purchaser hereby grants to the Vendor an irrevocable, worldwide,
perpetual license to use the Patent for the development, support and operation
of games which are not based upon or similar to "bingo" or "bingo like" games.
For greater certainty, the foregoing license does not permit the Vendor to use
the Patent in respect of any "bingo" or "bingo like" games regardless of the
name of such other games. The above license includes the right to grant
sublicenses to use the Patent for the development, support and operation of
games which are not based upon or similar to "bingo" or "bingo like" games,
provided that the terms of the sublicenses shall be subject to the same terms
and conditions as set out in this Agreement.

9        TAXES

9.1      The Purchaser will be liable for and will pay all applicable sales
taxes properly payable in connection with the sale of the Patent by the Vendor
to the Purchaser.

10       SUCCESSORS AND ASSIGNS

10.1     This Agreement will enure to the benefit of and be binding upon the
parties hereto and their respective successors and permitted assigns.

11       ENTIRE AGREEMENT

11.1     This Agreement constitutes the entire agreement between the parties
with respect to the subject matter hereof and supersedes all prior agreements,
understandings, negotiations and discussions, whether written or oral. There are
no conditions, covenants, agreements, representations, warranties or other
provisions, express or implied, collateral, statutory or otherwise, relating to
the subject matter hereof except as herein provided.

<PAGE>

                                      - 8 -

12       TIME OF ESSENCE

12.1     Time will be of the essence of this Agreement.

13       APPLICABLE LAW

13.1     This Agreement will be construed, interpreted and enforced in
accordance with, and the respective rights and obligations of the parties will
be governed by, the laws of the state of Washington and the federal laws of the
United States applicable therein without reference to its choice of law rules,
and each party hereby submits to the jurisdiction of the state of Washington and
all courts competent to hear appeals therefrom.

14       AMENDMENT AND WAIVER

14.1     No amendment or waiver of any provision of this Agreement will be
binding on either party unless consented to in writing by such party. No waiver
of any provision of this Agreement will constitute a waiver of any other
provision, nor will any waiver constitute a continuing waiver unless otherwise
provided.

15       SEVERABILITY

15.1     If any provision or any part thereof is held by a court of competent
jurisdiction, after appeals therefrom have been exhausted, to be unenforceable,
invalid or illegal, then it will be severable or deemed to be limited in respect
of such territory and time to the extent necessary to render such provision
enforceable, valid or legal, and the remaining provisions will remain valid and
binding.

 16      COUNTERPARTS

16.1     This Agreement may be executed in several counterparts, each of which
will be deemed to be an original and all of which will together constitute one
and the same instrument.

17       ELECTRONIC MEANS

17.1     Delivery of an executed copy of this Agreement by electronic facsimile
transmission, telecopy, telex, or other means of electronic communication
producing a printed copy will be deemed to be execution and delivery of this
Agreement on the date of such communication by the party so delivering such
copy.

18       NOTICES

18.1     Any notice or other documents required or permitted to be given under
this Agreement will be in writing and may be given by personal service,
telecopier or by prepaid registered mail, posted in Canada or by certified mail,
posted in the United States, and addressed to the proper party at the address
stated below:

<PAGE>

                                      -9-

         (c) IF TO THE VENDOR:

             FYRC Inc.
             1st Floor, No 8 Pictet de Rochemont
             1207, Geneva, Switzerland

             Telecopier No.: +41-22-736-8154

             Attention:  Newman Leech

         (d) IF TO THE PURCHASER:

             Bingo,com, Inc.
             3rd Floor, 1286 Homer Street
             Vancouver, British Columbia
             Canada

             Telecopier No.: (604) 647-6422

             Attention:  T.M.Williams

or to such other address as any party may specify by notice. Any notice sent by
telecopier will be deemed conclusively to have been effectively given and
received at the time of successful transmission. Any notice sent by registered
mail as aforesaid will be deemed conclusively to have been effectively given and
received on the fifth business day after posting; but if at the time of posting
or between the time of posting and the fifth business day thereafter there is a
strike, lockout or other labour disturbance affecting postal service, then such
notice will not be effectively given until actually received.

IN WITNESS WHEREOF the parties have executed and delivered this Agreement on the
18th day of September, 2001

FYRC INC.

Per:   /s/  Newman Leech
      ----------------------------------------
      Control Services Corp. on behalf of FYRC
      Authorized Signatory

BINGO.COM, INC.

Per:   /s/  Tryon Williams
      ----------------------------------------
      Authorized Signatory

<PAGE>

                                   SCHEDULE A

                 PAYMENT SCHEDULE FOR BALANCE OF PURCHASE PRICE

The balance of the Purchase Price shall be payable to the Vendor at the
following times in the following amounts:

1.   on February 15, 2002 -- Four percent (4%) of the Gross Revenue of the
     Purchaser for the period commencing on the date of this Agreement and
     ending on December 31, 2001 (the "First Business Quarter");

2.   on the sixtieth (60th) day of each of the nineteen (19) Business Quarters
     next following the First Business Quarter -- Four percent (4% ) of the
     Gross Revenue of the Purchaser for the immediately preceding Business
     Quarter;

3.   on the sixtieth (60th) day of the Business Quarter (the "Minimum Payment
     Business Quarter") next following those nineteen Business Quarters
     specified in section 2 above:

     (a) if Four percent (4%) of the Cumulative Gross Revenue of the Purchaser
         to the end Business Quarter immediately preceding the Minimum Payment
         Business Quarter exceeds U.S.$195,000 -- Four percent (4% ) of the
         Gross Revenue of the Purchaser for the Business Quarter immediately
         preceding the Minimum Payment Business Quarter; or

     (b) if Four percent (4%) of the Cumulative Gross Revenue of the Purchaser
         to the end Business Quarter immediately preceding the Minimum Payment
         Business Quarter is less than U.S.$195,000 -- the difference between
         U.S.$200,000 and the aggregate of all payments theretofore made by the
         Purchaser in respect of the Purchase Price;

4.   in those Business Quarters, if any, after the Minimum Payment Business
     Quarter in respect of which Four percent (4%) of the Cumulative Gross
     Revenue of the Purchaser to the end of the immediately preceding Business
     Quarter is less than or equal to U.S.$195,000 -- no payment;

5.   on the sixtieth (60th) day of the first Business Quarter after the Minimum
     Payment Business Quarter in respect of which Four percent (4%) of the
     Cumulative Gross Revenue of the Purchaser to the end of the immediately
     preceding Business Quarter exceeds U.S.$195,000 -- the lesser of Four
     percent (4% ) of the Gross Revenue of the Purchaser for the immediately
     preceding Business Quarter and the difference between Four percent (4%) of
     the Cumulative Gross Revenue of the Purchaser to the end of the immediately
     preceding Business Quarter and U.S.$195,000;

6.   on the sixtieth (60th) day of each Business Quarter thereafter, to and
     including the Business Quarter commencing on January 1, 2099 -- Four
     percent (4%) of the Gross Revenue of the Purchaser for the immediately
     preceding Business Quarter.

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