Document:

CONSULTING AGREEMENT

THIS AGREEMENT is made as of the 1st day of December, 2001.

BETWEEN:

     PETER VAISLER, a resident of the Province of Ontario (the "Consultant")

                                                               OF THE FIRST PART

-and-

     ALLIANCE RECOVERY CORPORATION, a corporation incorporated under the laws of
     the State of Delaware (hereinafter referred to as the "Company")

                                                              OF THE SECOND PART

WHEREAS the Company is engaged in the business of recovering valuable
commodities from waste material; and

AND WHEREAS the Consultant has developed certain technology to be implemented by
the Company in its business and further desires to provide management services
to the Company upon and subject to the terms and conditions hereinafter set
forth; and

NOW THEREFORE WITNESS that in consideration of the respective covenants,
conditions, warranties and agreements herein contained and for other good and
valuable consideration (the receipt and sufficiency of which are hereby
acknowledged by each of the parties hereto) it is agreed by and between them as
follows:

                       ARTICLE 1 - APPOINTMENT AND DUTIES
                       ----------------------------------

1.1      During the Term (as hereinafter defined in Article 2) and unless and
until terminated in accordance with the provisions hereof, the Company hereby
retains the Consultant, who shall act as the Interim President of the Company
and the Consultant hereby agrees to render to the Company management services
upon the terms and conditions contained herein.

1.2      During the Term of this Agreement, the Consultant shall carry out the
functions and duties as determined by the Company, the Company's articles and
by-laws, valid resolutions of the Board of Directors of the Company (the
"Board"), and valid resolutions of the shareholders of the Company and as may be
required by law. The Consultant will provide the Company with the technology he
has developed for the business, along with his know-how and industry contacts
and will facilitate the realization of the Company's business objectives.
Without limiting the nature and scope of the Consultant's duties, it will be the
Consultant's responsibility to:

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         (a)      establish a Business Plan, in conjunction with senior
                  management, which will include an overall sales and marketing
                  strategy, financial strategy and operating plans;

         (b)      assess operating personnel requirements including their
                  function, organization and compensation;

         (c)      oversee and integrate operation of design activities to
                  achieve corporate objectives relating to customers;

         (d)      coordinate all sales and marketing contracts, taking a lead
                  role in negotiation where appropriate;

         and carry out such other duties and provide such other services as may
         be agreed upon between the Consultant and the Company.

1.3      The Consultant shall use its best efforts and dedicate sufficient time
and energy to the affairs of the Company. Without restricting the generality of
the obligations set out in the foregoing sentence, the Consultant shall:

         a)       devote such of the Consultant's working time as is agreed on
                  from time to time by the Consultant and the Company and best
                  efforts to rendering services on behalf of the Company and to
                  rendering such services with competence, efficiency and
                  fidelity;

         b)       comply with the Company's policies, standards and regulations;

         c)       perform such reasonable duties as are necessitated by the
                  nature of the business or as required by the Company, and

         d)       promote the Company's interests to the extent permitted by
                  law.

The Consultant acknowledges that the Consultant's commitment to the Company is
paramount, and in the event of a conflict in scheduling or a conflict of
interest, the Consultant must give notice of said conflict to the Company.

                        ARTICLE 2 - TERM AND TERMINATION
                        --------------------------------

2.1      Duration

The engagement of the Consultant hereunder shall, unless earlier terminated as
provided for herein, be for at least five (5) years commencing as of the date
hereof (the "Initial Term"), and thereafter shall continue in full force and
effect for successive renewal terms of one (1) year commencing the expiry of the
Initial Term at the Company's option, on the same terms and conditions as are
herein contained, subject to any amendments as may from time to time be agreed
to in writing by the Consultant and the Company (collectively, the "Agreement
Term").

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<PAGE>

2.2      Termination by Company

This Agreement may be terminated in the following manner in the specified
circumstances:

         (a)      By the Consultant, at any time, for any reason, on the giving
                  of ninety (90) days written notice to the Company. The Company
                  may waive notice, in whole or in part.

         (b)      By the Company, in its absolute discretion, without any notice
                  or pay in lieu thereof, for cause. For the purposes of this
                  Agreement, "cause" includes the following:

                  (1)      any material breach of the provisions of this
                           Agreement by the Consultant;

                  (2)      any conduct of the Consultant which in the opinion of
                           the Company, tends to bring himself or the Company
                           into disrepute;

                  (3)      the commission of an act of bankruptcy by the
                           Consultant or compounding with his creditors
                           generally;

                  (4)      any mental or physical disability or illness which
                           results in the Consultant being unable to
                           substantially perform his duties for a continuous
                           period of 150 days or for periods aggregating 180
                           days, in any period of 365 days;

         Failure by the Company to rely on the provisions of this paragraph in
any given instance or instances shall not constitute a precedent or be deemed a
waiver.

         (c)      By the Company in its absolute discretion and for any reason
                  on giving the Consultant ninety (90) days advance notice in
                  writing or on paying to the Consultant the equivalent
                  termination pay in lieu of notice.

         (d)      By the Consultant, in its absolute discretion, without any
                  notice, for cause. For the purposes of this Agreement, "cause"
                  includes the following:

                  (1)      any material breach of the provisions of this
                           Agreement by the Company;

                  (2)      any conduct of the Company which in the opinion of
                           the Consultant, tends to bring himself or the Company
                           into disrepute;

                  (3)      the commission of an act of bankruptcy by the Company
                           or compounding with his creditors generally;

The parties understand and agree that the giving of notice or the payment of pay
in lieu of notice by the Company to the Consultant on termination of the
Consultant's employment shall not prevent the Company from alleging cause for
the transaction.

On termination of employment the Consultant shall immediately resign all offices

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held (including directorships) in the company and, except as provided in this
Agreement, the Consultant shall not be entitled to receive any severance payment
or compensation for loss of office or otherwise by reason of the resignation. If
the Consultant fails to resign as mentioned, the Company is irrevocably
authorized to appoint some person in his name and on his behalf to sign any
documents or do any things necessary or requisite to give effect to it.

                            ARTICLE 3 - COMPENSATION
                            ------------------------

3.1      Compensation

(a)      As compensation for the services of the Consultant hereunder, the
         Company shall pay the Consultant the sum of U.S. Two Hundred and Fifty
         Thousand (U.S. $250,000.00) Dollars per annum. In the event that the
         Company terminates this Agreement prior to the completion of the
         Initial Term as specified in section 2.1, the Consultant shall be fully
         compensated for his services for the entire Initial Term of this
         Agreement, unless the Company hires the Consultant as an employee of
         the Company.

(b)      The Consultant shall not be entitled to any benefits except as may be
         separately agreed upon in writing between the Consultant and the
         Company.

3.2      Benefits

         The Consultant shall be entitled to six (6) weeks paid vacation per
annum.

3.3.     Business Expenses

(a)      The Consultant shall be reimbursed by the Company for all reasonable
         expenses actually and properly incurred by the Consultant and, if
         appropriate (described in (b)), where prior approval has been granted
         by the Company, in connection with the performance of the duties of the
         Consultant herein contained, and the Company shall make the
         reimbursement required hereby promptly after being advised by the
         Consultant of the amounts thereof. The Consultant will be reimbursed by
         the Company for such expenses only when the Consultant provides
         receipts or other documentary evidence of such expenses to the
         accountants of the Company. Where the Consultant cannot provide
         receipts or other documentary evidence of such expenses, the Company
         will reimburse the Consultant for only such reasonable expenses as the
         Company may determine in its sole discretion.

(b)      All expenses in excess of ten thousand dollars ($10,000) must be
         approved by the Company prior to the time said expenses are incurred.

                           ARTICLE 4 - CONFIDENTIALITY
                           ---------------------------

4.1      The Consultant acknowledges that all items created or used by the
Consultant in providing services to the Company under this agreement, or
furnished by the Company to the Consultant, and all equipment, automobiles,
credit cards, books, records, reports, files, manuals, literature, confidential
information or other materials shall remain and be considered the exclusive
property of the Company at all times and shall be surrendered to the Company, in

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<PAGE>

good condition, promptly on the termination of this Agreement irrespective of
the time, manner or cause of the termination.

4.2      The Consultant shall not be obligated to keep in confidence nor shall
it incur any liability for disclosure of information to a third party (the
"recipient") of the nature aforesaid which:

         (i)      was permitted to be disclosed by the Company;

         (ii)     has been public or is otherwise within the public domain at
                  the time of its disclosure to the recipient; or

         (iii)    comes into the public domain without any breach of this
                  Agreement.

                          ARTICLE 5 - USE OF TECHNOLOGY
                          -----------------------------

5.1      The Consultant has developed technology which shall be utilized by the
Company to recover valuable commodities from waste material (the "Technology").
The Consultant agrees to allow the Company to utilize the Technology without
cost for the duration of his appointment as an officer and/or director of the
Company.

5.2      In the event that the Consultant ceases to be an officer and/or
director of the Company, the Company shall be obligated to pay the Consultant
for its past and continued use of the Technology up to a maximum of the
replacement cost of the Technology. The replacement cost of the Technology shall
be calculated in accordance with the valuation of the Technology as determined
by the Company's engineers.

                               ARTICLE 6 - GENERAL
                               -------------------

6.1      Headings

The headings in this Agreement are included for convenience of reference only
and shall not constitute a part of this Agreement for any other purpose.

6.2      Notices

Any notice or other document required or permitted to be given hereunder shall
be in writing and may be given by personal delivery or transmitted by facsimile
or other electronic means of communication, or sent by prepaid registered mail,
in the case of the Company to:

         Alliance Recovery Corporation
         2929 Front Street
         Monroe, Michigan 48161
         Tel: (519) 646-3975
         Fax: (519) 473-6507

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and in the case of the Consultant to:

         Peter Vaisler
         1133 St. Anthony Road
         London, Ontario
         N6H 2P9
         Tel: 519 657-7742
         Fax: 519 473-6507

Any such notice or other document delivered personally shall be deemed to have
been received by and given on the date of such delivery (provided that such day
is a business day and, if not, on the next following business day), or, if made
or given by facsimile or other electronic means of communication, on the first
business day following the transmittal thereof, and any notice sent by prepaid
registered mail shall be deemed to have been given on the fourth business day
following the date of mailing (provided, however, that if there shall be,
between the time of mailing and the actual date of receipt, a mail strike,
slowdown or other labour dispute which might reasonably be anticipated to affect
the delivery of such notice by mail, then such notice shall only be effective if
delivered in person or by facsimile or other electronic means of communication
as aforesaid). Either party may at any time give notice to the other party of
any change of address, facsimile number or otherwise in accordance with the
foregoing provisions.

6.3      Time

Time shall be of the essence of this Agreement.

6.4      Waiver

This Agreement may not be modified, supplemented or amended except by instrument
in writing signed by the parties hereto or by their respective successors or
permitted assigns. No waiver of any of the provisions of this Agreement, in
whole or in part, by either party shall be deemed or shall constitute a waiver
of any other provisions hereof (whether or not similar) nor shall such waiver
constitute a continuing waiver unless otherwise expressly provided.

6.5      Severability

If any covenant or provision herein contained is prohibited in whole or in part
in any jurisdiction, such covenant or provision shall, as to such jurisdiction,
be ineffective to the extent of such prohibition without invalidating the
remaining covenants and provisions hereof therein and shall, as to such
jurisdiction, be severed from this Agreement to the extent of such prohibition.

6.6      Currency

All monetary amounts referred to herein shall, unless specifically stated
otherwise, refer to the lawful currency of the United States.

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6.7      Assignment

This Agreement shall not be assigned or transferred, in any manner whatsoever,
by the Consultant.

6.8      Interpretation

This Agreement shall be construed and enforced in accordance with, and the
respective rights of the parties shall be governed by, the laws of the Province
of Ontario and the federal laws of Canada applicable therein.

6.9      Independent Legal Advice

The Parties acknowledge that this provision shall serve as notice to each party
of being advised to arrange for such independent legal advice with respect to
this Agreement, each of the matters herein and the implications thereof, as each
party may independently deem necessary, and that each party has either obtained
such independent legal advice or waives the right thereto by signing this
Agreement.

6.10     Entire Agreement

This Agreement, as modified, supplemented or amended from time to time, along
with any agreements or other documents to be delivered pursuant hereto, sets
forth the entire agreement and understanding of the parties in respect of the
matters contemplated herein and supersedes all prior agreements, arrangements
and understandings relating to the subject matter hereof.

6.11     Undertaking

The parties hereto shall with reasonable diligence do all such things and
provide its reasonable assurances as may be required to complete the
transactions contemplated herein, and each party shall provide such further
documents or instruments required by the other party as may be reasonably
necessary or desirable to effect the purposes of this Agreement and to carry out
its provisions, whether before or after the execution hereof.

6.12     Counterparts and Facsimile

This Agreement may be executed by the Parties hereto in one or more counterparts
by original or facsimile signature, each of which when so executed shall be
deemed an original and all of which together shall constitute one and the same
instrument.

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<PAGE>

IN WITNESS WHEREOF the parties have executed this agreement as of the date first
above written.

                                 ALLIANCE RECOVERY CORPORATION

                                 By: /s/  Peter Vaisler
                                     ------------------------------------------
                                          Peter Vaisler, President
                                          I have  authority  to  bind  Alliance
                                          Recovery  Corporation

                                     /s/  Peter Vaisler
-----------------------              ------------------------------------------
WITNESS                                   PETER VAISLERCONSULTING AGREEMENT

         THIS AGREEMENT (the "Agreement"), is made and entered into as of this
14th day of January, 2004, by and between Mirador Consulting, Inc., a Florida
corporation, with offices at 5499 N. Federal Hwy, Suite D, Boca Raton, Florida
33487 ("Mirador" or the "Consultant"), and Alliance Recovery Corporation, a
Delaware corporation, with offices at Borchart Park, PO Box 1538, Monroe, MI
48161 (the "Company") (together the "Parties").

WHEREAS, Consultant is in the business of providing services for management
consulting, business advisory, shareholder information and public relations;

WHEREAS, the Company deems it to be in its best interest to retain Consultant to
render to the Company such services as may be needed; and

WHEREAS, the Parties desire to set forth the terms and conditions under which
Consultant shall provide services to the Company.

NOW, THEREFORE, in consideration of the mutual promises and covenants herein
contained, and other valid consideration, receipt of which is hereby
acknowledged, the Parties agree as follows:

Term of Agreement

The Agreement shall remain in effect from the date hereof through the expiration
of a period of one year from the date hereof (the "Term"), and thereafter may be
renewed upon the mutual written consent of the Parties.

Nature of Services to be rendered.

During the Term and any renewal thereof, Consultant shall: (a) provide the
Company with corporate consulting services on a best efforts basis in connection
with corporate finance, corporate finance relations, introductions to other
financial relations companies and other financial services; (b) contact the
Company's existing stockholders, responding in a professional manner to their
questions and following up as appropriate; and (c) use its best efforts to
introduce the Company to various securities dealers, investment advisors,
analysts, funding sources and other members of the financial community with whom
it has established relationships, and generally assist the Company in its
efforts to enhance its visibility in the financial community (collectively, the
"Services").

It is acknowledged and agreed by the Company that Consultant carries no
professional licenses, and is not rendering legal advice or performing
accounting services, nor acting as an investment advisor or brokerage/dealer
within the meaning of the applicable state and federal securities laws.

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             Consulting Agreement for Alliance Recovery Corporation

<PAGE>

The Services of Consultant shall not be exclusive nor shall Consultant be
required to render any specific number of hours or assign specific personnel to
the Company or its projects.

Disclosure of Information

Consultant agrees as follows:

         The Consultant shall NOT disclose to any third party any material
         non-public information or data received from the Company without the
         written consent and approval of the Company other than: (i) to its
         agents or representatives that have a need to know in connection with
         the Services hereunder; provided such agents and representatives have a
         similar obligation to maintain the confidentiality of such information;
         (ii) as may be required by applicable law; provided, Consultant shall
         provide prompt prior written notice thereof to the Company to enable
         the Company to seek a protective order or otherwise prevent such
         disclosure; and (iii) such information as becomes publicly known
         through no action of the Consultant, or its agents or representatives.

         Following receipt of written notice from the Company of a filing in
         connection with a proposed public offering of the securities of the
         Company, and until the Company informs the Consultant that such
         offering has been completed or has terminated, the Consultant shall not
         engage in any public relations efforts on behalf of the Company without
         approval of counsel for the Company and counsel for the underwriter(s),
         if any.

Compensation.

         Upon execution of the Agreement, the Consultant shall purchase and the
         Company will issue to the Consultant 200,000 shares (two hundred
         thousand) of the Company's restricted common stock for a total purchase
         price of two hundred dollars ($200.00) (the "Restricted Stock") as per
         the Investment Representation Letter (incorporated by reference into
         the Agreement and attached as Addendum B);

         During the Term of this Agreement, the Company will pay to the
         Consultant the sum of four thousand ($4,000.00) dollars per month;
         provided, however that such payment for the first month shall be due
         and payable upon the execution of this Agreement. Thereafter, monthly
         payments are due on the first of every month, during the Term and any
         renewals thereof.

         The Consultant will have the right to purchase 100,000 shares of the
         Company's publicly Traded common stock, without any restrictive legend
         or other restriction on the transfer Thereof, from the Company at a
         purchase price of five dollars ($5.00) per share for a period of three
         years ("Tranche A Shares").

         The Consultant will have the right to purchase 100,000 shares of the
         Company's publicly Traded common stock, without any restrictive legend
         or other restriction on the transfer Thereof, from the Company at a
         purchase price of seven dollars and fifty cents ($7.50) per share for a
         period of three years ("Tranche B Shares").

Representations and Warranties of the Consultant.

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             Consulting Agreement for Alliance Recovery Corporation

<PAGE>

In order to induce the Company to enter into this Agreement, the Consultant
hereby makes the following unconditional representations and warranties:

         In connection with its execution of and performance under this
         Agreement, the Consultant has not taken and will not take any action
         that will cause it to become required to make any filings with or to
         register in any capacity with the Securities and Exchange Commission
         (the "SEC"), the National Association of Securities Dealers, Inc. (the
         "NASD"), the securities commissioner or department of any state, or any
         other regulatory or governmental body or agency.

         Neither the Consultant nor any of its principals is subject to any
         sanction or restriction imposed by the SEC, the NASD, any state
         securities commission or department, or any other regulatory or
         governmental body or agency, which would prohibit, limit or curtail the
         Consultant's execution of this Agreement or the performance of its
         obligation hereunder.

         The Consultant's purchase of shares pursuant to this Agreement is an
         investment made for its own account.

         The Consultant is permitted to provide consulting services to any
         corporation or entity engaged in a business identical or similar to the
         Company's.

Duties of the Company.

The Company will supply Consultant, on a regular basis and timely basis, with
all approved data and information about the Company, its management, its
products, and its operations as reasonably requested by Consultant and which the
Company can obtain with reasonable effort; and Company shall be responsible for
advising Consultant of any facts which would affect the accuracy of any prior
data and information previously supplied to Consultant so that the Consultant
may take corrective action.

The Company shall promptly supply Consultant with full and complete copies of
all filings with all federal and state securities agencies; with full and
complete copies of all stockholder reports and communications whether or not
prepared with the assistance of Consultant; with all data and information
supplied to any analyst, broker-dealer, market maker, or other member of the
financial community and with all product/services brochures, sales materials,
etc. filed or prepared by the Company after the date of this Agreement. Company
shall supply to Consultant, within 15 days of execution of this Agreement, with
a list of all stockbrokers and market makers active in the stock of Company, and
a complete list of all shareholders.

The Consultant's reports are not intended to be used in the offering of
securities. Accordingly, the Company agrees as follows:

         Company will notify Consultant in writing a minimum of thirty (30) days
         prior to making any private or public offering of securities, including
         but not limited to an offering registered on form S-8 or made pursuant
         to Regulation S or Regulation D.

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             Consulting Agreement for Alliance Recovery Corporation

<PAGE>

         Company will not utilize any Consultant reports in connection with any
         offering (public or private) of securities without the prior written
         consent of Consultant.

Representations and Warranties of the Company.

In order to induce the Consultant to enter into this Agreement, the Company
hereby makes the following unconditional representations and warranties:

         The Company is not subject to any restriction imposed by the SEC or by
         operation of the 1933 Act, the Exchange Act of 1934, as amended (the
         "1934 Act") or any of the rules and regulations promulgated under the
         1933 Act or the 1934 Act which prohibit its execution of this Agreement
         or the performance of its obligations to the Consultant set forth
         herein.

         The Company has not been sanctioned by the SEC, the NASD or any state
         securities commissioner or department in connection with any issuance
         of its securities.

         All payments required to be made on time and in accordance with the
         payment terms and conditions set forth herein.

Compliance with Securities Laws

The Parties acknowledge and agree that the Company is subject to the
requirements of the 1934 Act, and that the 1933 Act, the 1934 Act, the rules and
regulations promulgated thereunder and the various state securities laws
(collectively, "Securities Laws") impose significant burdens and limitations on
the dissemination of certain information about the Company by the Company and by
persons acting for or on behalf of the Company. Each of the Parties agrees to
comply with all applicable Securities Laws in carrying out its obligations under
the Agreement; and without limiting the generality of the foregoing, the Company
hereby agrees (i) all information about the Company provided to the Consultant
by the Company, which the Company expressly agrees may be disseminated to the
public by the Consultant in providing any public relations or other services
pursuant to the Agreement, shall not contain any untrue statement of a material
fact or omit to state any material fact necessary to make the statements made,
in light of the circumstances in which they were made, not misleading, (ii) the
Company shall promptly notify the Consultant if it becomes aware that it has
publicly made any untrue statement of a material fact regarding the Company or
has omitted to state any material fact necessary to make the public statements
made by the Company, in light of the circumstances in which they were made, not
misleading, and (iii) the Company shall promptly notify the Consultant of any
"quiet period" or "blackout period" or other similar period during which public
statements by or on behalf of the Company are restricted by any Securities Law.
Each Party (an "indemnifying party") hereby agrees, to the full extent permitted
by applicable law, to indemnify and hold harmless the other Party (the
"indemnified party") for any damages caused to the indemnified party by the
indemnifying party's breach or violation of any Securities Law, except to the
extent that the indemnifying party's breach or violation of a Securities Law is
caused by the indemnified party's breach or violation of the Agreement, or any
Securities Law.

Issuance of Restricted Stock to Consultant

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             Consulting Agreement for Alliance Recovery Corporation
<PAGE>

The Restricted Stock shall be issued as fully-paid and non-assessable
securities. The Company shall take all corporate action necessary for the
issuance Restricted Stock, to be legally valid and irrevocable, including
obtaining the prior approval of its Board of Directors.

Expense Reimbursement.

Consultant shall be entitled to receive cash reimbursement, and the Company
shall provide cash reimbursement, of all reasonable and necessary cash expenses
paid by the Consultant on behalf of the Company in performance of its own duties
hereunder. Such expenses shall include, without limitation, reasonable expenses
for communications, deliveries and travel. In no event, however will the
Consultant incur on behalf of the Company any expense without the prior written
consent of the Company.

Registration Obligations.

At any time following the signing of the Agreement if the Company files a
registration statement with the SEC registering an amount of securities equal to
at least $500,000 ("Registration Statement"), the Company must provide a ten
(10) day prior written notice of the Registration Statement to the Consultant
and any subsequent holder of the Restricted Stock and at the written request and
direction of the Consultant and/or subsequent holders must provide piggy back
registration rights and include the consultant and/or subsequent holders shares
in the Registration Statement.

Indemnification of Consultant by the Company.

The Company acknowledges that the Consultant relies on information provided by
the Company in connection with the provisions of Services hereunder and
represents that said information does not contain any untrue statement of a
material fact or omit to state any material fact necessary to make the
statements made, in light of the circumstances in which they were made, not
misleading, and agrees to hold harmless and indemnify the Consultant for claims
against the Consultant as a result of any breach of such representation and for
any claims relating to the purchase and/or sale of the Company's securities
occurring out of or in connection with the Consultant's relationship with the
Company including, without limitation, reasonable attorney's fees and other
costs arising out of any such claims; provided, however, that the Company will
not Be liable in any such case for losses, claims, damages, liabilities or
expenses that arise from the gross negligence or willful misconduct of
Consultant.

Indemnification of the Company by the Consultant.

The Consultant shall indemnify and hold harmless the Company and its principals
from and against any and all liabilities and damages arising out of any the
Consultant's gross negligence or intentional breach of its representations,
warranties or agreements made hereunder.

Applicable Law.

It is the intention of the parties hereto that this Agreement and the
performance hereunder and all suits and special proceedings hereunder be
construed in accordance with and under and pursuant

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             Consulting Agreement for Alliance Recovery Corporation

<PAGE>

to the laws of the State of Florida and that in any action, special proceeding
or other proceedings that may be brought arising out of, in connection with or
by reason of this Agreement, the law of the State of Florida shall be applicable
and shall govern to the exclusion of the law of any other forum, without regard
to the jurisdiction on which any action or special proceeding may be instituted.

Arbitration.

Any and all conflicts, disputes and disagreements arising out of or in
connection with any aspect of the Agreement shall be subject to binding
arbitration before a one arbitrator panel of the American Arbitration
Association located in Miami Dade County, Florida.

Attorney Fees.

In the event a legal action or arbitration is commenced by a Party to the
Agreement alleging a default of the terms or conditions of the Agreement and
judgment is held in favor of the non-moving party (respondent/ defendant), the
non-moving party shall be entitled to recover all costs incurred as a result of
defending such action including reasonable attorney fees, expenses and court
costs through trial, appeal and to final disposition.

Entire Understanding/Incorporation of other Documents.

The Agreement contains the entire understanding of the Parties with regard to
the subject matter hereof, superseding any and all prior agreements or
understandings whether oral or written, and no further or additional agreements,
promises, representations or covenants may be inferred or construed to exist
between the Parties.

No Assignment or Delegation without Prior Approval.

No portion of the Agreement or any of its provisions may be assigned, nor
obligations delegated, to any other person or party without the prior written
consent of the Parties except by operation of law or as otherwise set forth
herein.

Survival of Agreement.

The Agreement and all of its terms shall inure to the benefit of any permitted
assignees of or lawful successors to either Party.

Independent Contractor.

Consultant agrees to perform its consulting duties hereto as an independent
contractor. Nothing contained herein shall be considered to as creating an
employer-employee relationship between the parties to this Agreement.

No Amendment except in Writing.

Neither the Agreement nor any of its provisions may be altered or amended except
in a dated writing signed by the Parties.

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             Consulting Agreement for Alliance Recovery Corporation

<PAGE>

Waiver of Breach.

No waiver of any breach of any provision hereof shall be deemed to constitute a
continuing waiver or a waiver of any other portion of the Agreement.

Severability of the Agreement.

Except as otherwise provided herein, if any provision hereof is deemed by
arbitration or a court of competent jurisdiction to be legally unenforceable or
void, such provision shall be stricken from the Agreement and the remainder
hereof shall remain in full force and effect.

Termination of the Agreement.

Either Party may terminate the Agreement, with or without cause, by providing a
thirty (30) day written notification to the other Party. The Agreement will
terminate thirty (30) days following the date of receipt of the written
notification by the non-terminating party ("Date of Termination"). In the event
of termination of the Agreement by the Company, the Consultant shall be entitled
to keep any and all fees, Company stock or other compensation it received from
the Company under the Agreement prior to the Date of Termination.

Counterparts and Facsimile Signature.

This Agreement may be executed simultaneously in two or more counterparts, each
of which shall be deemed an original, but all of which taken together shall
constitute one and the same instrument. Execution and delivery of this Agreement
by exchange of facsimile copies bearing the facsimile signature of a party
hereto shall constitute a valid and binding execution and delivery of this
Agreement by such party. Such facsimile copies shall constitute enforceable
original documents.

No Construction against Drafter.

The Agreement shall be construed without regard to any presumption or other
requiring construction against the Party causing the drafting hereof.

            IN WITNESS WHEREOF, the parties hereto have duly executed and
delivered this Agreement, effective as of the date set forth above.
..

Alliance Recovery Corporation         Mirador Consulting, Inc.

By:  /s/  Peter Vaisler               By:  /s/  Brian S. John
     -----------------------------         ------------------------------
          Peter Vaisler, CEO                    Brian S. John, President

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             Consulting Agreement for Alliance Recovery Corporation

<PAGE>

                        INVESTMENT REPRESENTATION LETTER
                        --------------------------------
                                  (ADDENDUM B)

The undersigned subscriber, Mirador Consulting, Inc., (the "Subscriber") is
acquiring 200,000 shares of the common stock (the "Shares") of Alliance Recovery
Corporation (the "Company") for Two Hundred Dollars ($200.00) in connection with
the Consulting Agreement, dated January 14th 2004, between the Subscriber and
the Company. In order to induce the Company to issue the shares to the
Subscriber, the Subscriber hereby makes the following representations, gives the
following warranties, and acknowledges the following information:

1.       The Subscriber represents that it has full power and authority to
execute this statement and make the representations contained herein. The
Subscriber understands that the Company is relying on this statement in issuing
it the Shares.

2.       The shares are being purchased solely for investment purposes, for the
Subscriber's own account, and not with a view to, or for sale in conjunction
with, any distribution of the shares within the meaning of the Securities Act of
1933, as amended (the "Securities Act"). The Subscriber further represents that
it does not have any contract, undertaking or arrangement with any person to
sell, transfer or grant participation to such person or to any third person,
with respect to any of the Shares.

3.       The Subscriber acknowledges that the Shares have not been registered
under the Securities Act and are to be issued to the Subscriber in reliance upon
one or more exemptions from registration contained in the Securities Act and
applicable state securities laws. The Subscriber has no right to demand the
registration of the Shares to permit them to be resold, and no representations
about subsequent registrations have been made by the Company. The Subscriber
acknowledges that the Shares cannot be transferred except pursuant to a
registration under the Securities Act or pursuant to an exemption from the
Securities Act deemed to be lawfully available. In this connection, the
Subscriber represents that it is familiar with SEC Rule 144 as presently in
effect, and understand the resale limitations imposed thereby and by the
Securities Act.

4.       The Subscriber acknowledges that the exemption provided by Rule 144
under the Securities Act provide for limited sale of unregistered shares but may
not be available to the Subscriber at the time he or she may desire to sell the
shares. No representations have been made to the Subscriber that any part of the
shares will be saleable Pursuant to Rule 144 at any particular time.

5.       The Subscriber has had an opportunity to ask questions of and receive
answers from the Company regarding the Company, its business and prospects and
the terms and conditions of the sale of the Shares. It believes it has received
all the information it considers necessary or appropriate for deciding whether
to acquire the Shares.

6.       The Shares represent a speculative investment involving a high degree
of risk loss of the purchase price. The Subscriber has such knowledge and
experience in financial and business matters that he is capable of evaluating
the merits and risks of an investment in the Shares and of making an informed
investment decision. The Subscriber is able to bear the economic risk of the
investment in the Share, to hold the Shares an indefinite period of time, and to
afford a complete loss of the purchase price.

-----------------------------------------------------------------------------  8
             Consulting Agreement for Alliance Recovery Corporation

<PAGE>

7.       The Shares will be represented by a certificate bearing a prominent
legend setting forth the restricted nature of the Shares as deemed appropriate
by the Company's counsel.

8.       The Subscriber will not sell, transfer, pledge or otherwise dispose of
or encumber any of the Shares it receives unless and until (i) such shares are
subsequently registered under the Securities Act and each applicable state
securities law; or (ii) (1) an exemption from such registration is available
thereunder, and (2) the undersigned has notified the Company of the proposed
transfer and have furnished the Company with an opinion of counsel, reasonably
satisfactory to the Company, that such transfer will not require registration of
such shares under the Act. The undersigned understands that the Company is not
obligated, and does not intend, to register any such shares under the Act or any
state securities laws.

ACCEPTED BY

Mirador Consulting, Inc.                   Alliance Recovery Corporation

By:  /s/  Brian S. John                    By:  /s/  Peter Vaisler
     ----------------------------------         -------------------------------
     Brian S. John, President     DATE          Peter Vaisler, CEO         DATE

-----------------------------------------------------------------------------  9
             Consulting Agreement for Alliance Recovery Corporation

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