Document:

EXHIBIT 10.98

     NEITHER  THIS  WARRANT  NOR  THE  SECURITIES  INTO  WHICH  THIS  WARRANT IS
EXERCISABLE  HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR
THE  SECURITIES  COMMISSION  OF  ANY  STATE  IN  RELIANCE UPON AN EXEMPTION FROM
REGISTRATION  UNDER  THE  SECURITIES  ACT  OF  1933, AS AMENDED (THE "SECURITIES
ACT"),  AND,  ACCORDINGLY,  MAY  NOT  BE  OFFERED  OR SOLD EXCEPT PURSUANT TO AN
EFFECTIVE  REGISTRATION  STATEMENT  UNDER  THE  SECURITIES ACT OR PURSUANT TO AN
AVAILABLE  EXEMPTION  FROM  THE  REGISTRATION  REQUIREMENTS  THEREUNDER  AND  IN
COMPLIANCE  WITH  APPLICABLE  STATE  SECURITIES  OR  BLUE  SKY  LAWS.

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

                                DERMISONICS, INC.

                      COMMON STOCK PURCHASE WARRANT NO. 105

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

Dated:  March  23,  2007

DERMISONICS,  INC.,  a  corporation organized and existing under the laws of the
State  of  Nevada  (the  "Company"),  hereby certifies that, for value received,
EURXCHANGE  CONSULTING  LTD.  or  its  registered  assigns  (the  "Holder"),  is
entitled,  subject to the terms set forth below, to purchase from the Company up
to  a  total  of 400,000 shares of Common Stock, $0.001 par value per share (the
"Common Stock"), of the Company (each such share, a "Warrant Share" and all such
shares,  the  "Warrant  Shares")  at an exercise price equal to $.10 per Warrant
Share  (hereinafter  this  common  stock  purchase warrant is referred to as the
"Warrant"  or  the  "Warrants").  The  Warrants  may  be  exercised  through and
including  March  22,  2010 (the "Expiration Date").  This Warrant is subject to
the  following  additional  terms  and  conditions:

     1.     Registration  of  Warrant;  Registration of Transfers and Exchanges.
            -------------------------------------------------------------------

          (a)     The  Company  shall  register this Warrant, upon records to be
maintained by the Company for that purpose (the "Warrant Register"), in the name
of  the  record Holder hereof from time to time.  The Company may deem and treat
the  registered  Holder  of  this  Warrant  as the absolute owner hereof for the
purpose  of  any  exercise hereof or any distribution to the Holder, and for all
other purposes, and the Company shall not be affected by notice to the contrary.

          (b)     The Company shall register the transfer of any portion of this
Warrant  in  the Warrant Register, upon surrender of this Warrant, with the Form
of  Assignment  attached hereto duly completed and signed, to the Company at its
address

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for  notice  specified  in  Section  10  along with an opinion of counsel to the
Holder  reasonably  acceptable  to  the  Company  that such transfer may be made
without  compliance  with  Federal  and  state  securities  laws.  Upon any such
registration  or  transfer,  a  new  warrant  to  purchase  Common  Stock,  in
substantially  the form of this Warrant (any such new warrant, a "New Warrant"),
evidencing  the  portion  of  this Warrant so transferred shall be issued to the
transferee  and  a  New Warrant evidencing the remaining portion of this Warrant
not  so  transferred,  if  any, shall be issued to the transferring Holder.  The
acceptance  of  the  New  Warrant  by the transferee thereof shall be deemed the
acceptance  of  such transferee of all of the rights and obligations of a holder
of  a  Warrant.

          (c)     This Warrant is exchangeable, upon the surrender hereof by the
Holder  to  the  office  of  the  Company at its address for notice specified in
Section  10  for one or more New Warrants, evidencing in the aggregate the right
to  purchase the number of Warrant Shares which may then be purchased hereunder.
Any  such  New  Warrant  will  be  dated  the  date  of  such  exchange.

     2.     Duration, Exercise and Redemption of Warrants.
            ---------------------------------------------

          (a)     This  Warrant shall be exercisable by the registered Holder on
any business day before 5:00 P.M., New York City time, at any time and from time
to time on or after the date hereof, in accordance with the Vesting Schedule, to
and  including  the  Expiration  Date.  At  5:00 P.M., New York City time on the
Expiration  Date,  the portion of this Warrant not exercised prior thereto shall
be  and  become  void  and of no value.  This Warrant shall be redeemable by the
Company  as  provided  in  Section  4,  below.

          (b)     Subject  to  Sections  1(c)  and  5,  upon  surrender  of this
Warrant,  with  the  Form of Election to Purchase attached hereto duly completed
and signed, to the Company at its address for notice set forth in Section 10 and
upon  payment  of  the Exercise Price multiplied by the number of Warrant Shares
that  the  Holder  intends  to purchase hereunder, in lawful money of the United
States of America, in cash or by certified or official bank check or checks, all
as  specified  by  the  Holder  in the Form of Election to Purchase, the Company
shall promptly (but in no event later than three business days after the Date of
Exercise  (as  defined  herein))  issue  or  cause  to be issued and cause to be
delivered  to  or upon the written order of the Holder and in such name or names
as  the Holder may designate, a certificate for the Warrant Shares issuable upon
such exercise.  Any person so designated by the Holder to receive Warrant Shares
shall  be  deemed to have become a holder of record of such Warrant Shares as of
the  Date  of  Exercise of this Warrant.  A "Date of Exercise" means the date on
which  the  Company shall have received (i) this Warrant (or any New Warrant, as
applicable),  with the Form of Election to Purchase attached hereto (or attached
to  such  New  Warrant)

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appropriately  completed and duly signed, and (ii) payment of the Exercise Price
for  the  number  of  Warrant  Shares  so  indicated  by the holder hereof to be
purchased.

          (c)     This  Warrant shall be exercisable, either in its entirety or,
from  time to time, for a portion of the number of Warrant Shares.  If less than
all  of  the  Warrant  Shares  which  may  be  purchased  under this Warrant are
exercised  at  any  time,  the Company shall issue or cause to be issued, at its
expense,  a New Warrant evidencing the right to purchase the remaining number of
Warrant  Shares  for  which  no  exercise  has  been  evidenced by this Warrant.

     3.     Redemption  of Warrant.  The Warrants may be redeemed by the Company
            ----------------------
at  any  time  on  30  day's  written  notice  to the Holder at the last address
therefor  as  it  shall appear upon the Warrant Register at a price of $0.01 per
Warrant  commencing  immediately  after  the Registration Date provided that the
average  closing  bid  price  per  share of Common Stock for the 30 trading days
ending  five  days prior to the date of the redemption notice of the Warrants is
at  least  $20.00  per  share.

     4.     Payment  of Taxes.  The Company will pay all documentary stamp taxes
            -----------------
attributable  to  the  issuance  of  Warrant  Shares  upon  the exercise of this
Warrant;  provided,  however,  that the Company shall not be required to pay any
tax which may be payable in respect of any transfer involved in the registration
of  any certificates for Warrant Shares or Warrants in a name other than that of
the Holder, and the Company shall not be required to issue or cause to be issued
or  deliver  or cause to be delivered the certificates for Warrant Shares unless
or  until  the person or persons requesting the issuance thereof shall have paid
to  the  Company  the  amount  of  such  tax  or  shall  have established to the
satisfaction  of  the  Company that such tax has been paid.  The Holder shall be
responsible for all other tax liability that may arise as a result of holding or
transferring  this  Warrant  or  receiving  Warrant Shares upon exercise hereof.

     5.     Replacement  of Warrant.  If this Warrant is mutilated, lost, stolen
            -----------------------
or  destroyed,  the  Company  shall  issue or cause to be issued in exchange and
substitution  for  and  upon cancellation hereof, or in lieu of and substitution
for  this  Warrant,  a New Warrant, but only upon receipt of evidence reasonably
satisfactory to the Company of such loss, theft or destruction and indemnity, if
reasonably  satisfactory  to  it.  Applicants  for  a  New  Warrant  under  such
circumstances  shall  also  comply  with  such  other reasonable regulations and
procedures  and  pay such other reasonable charges as the Company may prescribe.

     6.     Reservation  of  Warrant Shares.  The Company covenants that it will
            -------------------------------
at  all  times reserve and keep available out of the aggregate of its authorized
but  unissued  Common  Stock,  solely  for  the  purpose of enabling it to issue
Warrant  Shares  upon exercise of this Warrant as herein provided, the number of
Warrant  Shares  which  are

                               Page 3 of Eight
<PAGE>
then  issuable  and  deliverable  upon the exercise of this entire Warrant, free
from preemptive rights or any other actual contingent purchase rights of persons
other  than the Holders (taking into account the adjustments and restrictions of
Section  7).  The  Company  covenants  that  all Warrant Shares that shall be so
issuable  and deliverable shall, upon issuance and the payment of the applicable
Exercise  Price  in  accordance  with  the  terms  hereof,  be  duly and validly
authorized,  issued  and  fully  paid  and  nonassessable.

     7.     Certain  Adjustments.  The  Exercise  Price  and  number  of Warrant
            --------------------
Shares  issuable  upon  exercise  of this Warrant are subject to adjustment from
time  to  time as set forth in this Section 7.  Upon each such adjustment of the
Exercise  Price pursuant to this Section 7, the Holder shall thereafter prior to
the  Expiration  Date  be  entitled to purchase, at the Exercise Price resulting
from  such  adjustment, the number of Warrant Shares obtained by multiplying the
Exercise  Price  in effect immediately prior to such adjustment by the number of
Warrant  Shares issuable upon exercise of this Warrant immediately prior to such
adjustment and dividing the product thereof by the Exercise Price resulting from
such  adjustment.

          (a)     If the Company, at any time while this Warrant is outstanding,
(i) shall pay a stock dividend or otherwise make a distribution or distributions
on  shares  of  its  Common  Stock  (as  defined below) or on any other class of
capital stock (and not the Common Stock) payable in shares of Common Stock, (ii)
subdivide  outstanding shares of Common Stock into a larger number of shares, or
(iii)  combine  outstanding  shares  of  Common  Stock  into a smaller number of
shares,  the  Exercise  Price  shall  be  multiplied  by a fraction of which the
numerator  shall  be  the  number  of shares of Common Stock (excluding treasury
shares, if any) outstanding before such event and of which the denominator shall
be  the  number  of  shares  of Common Stock (excluding treasury shares, if any)
outstanding  after  such  event.  Any  adjustment  made pursuant to this Section
shall  become  effective immediately after the record date for the determination
of  stockholders  entitled  to  receive  such dividend or distribution and shall
become  effective  immediately  after  the  effective  date  in  the  case  of a
subdivision  or  combination,  and  shall  apply  to successive subdivisions and
combinations.

          (b)     In  case  of  any  reclassification  of  the Common Stock, any
consolidation  or merger of the Company with or into another person, the sale or
transfer  of  all or substantially all of the assets of the Company in which the
consideration  therefor  is  equity  or  equity  equivalent  securities  or  any
compulsory  share  exchange pursuant to which the Common Stock is converted into
other securities or property, then the Holder shall have the right thereafter to
exercise  this  Warrant  only  into the shares of stock and other securities and
property  receivable  upon  or  deemed  to  be  held  by holders of Common Stock
following  such reclassification, consolidation, merger, sale, transfer or share
exchange,  and  the  Holder  shall  be  entitled  upon  such

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<PAGE>
event to receive such amount of securities or property of the Company's business
combination partner equal to the amount of Warrant Shares such Holder would have
been  entitled  to  had  such Holder exercised this Warrant immediately prior to
such  reclassification, consolidation, merger, sale, transfer or share exchange.
The  terms  of  any such consolidation, merger, sale, transfer or share exchange
shall  include  such  terms so as to continue to give to the Holder the right to
receive  the  securities  or  property  set  forth in this Section 7(b) upon any
exercise  following  any  such  reclassification,  consolidation,  merger, sale,
transfer  or  share  exchange.

          (c)     If the Company, at any time while this Warrant is outstanding,
shall  distribute  to  all  holders  of Common Stock (and not to holders of this
Warrant)  evidences  of  its  indebtedness  or  assets  or rights or warrants to
subscribe  for or purchase any security (excluding those referred to in Sections
7(a),  (b)  and  (d)),  then  in  each  such  case  the  Exercise Price shall be
determined  by multiplying the Exercise Price in effect immediately prior to the
record  date  fixed  for  determination of stockholders entitled to receive such
distribution  by a fraction of which the denominator shall be the Exercise Price
determined  as  of  the  record date mentioned above, and of which the numerator
shall be such Exercise Price on such record date less the then fair market value
at such record date of the portion of such assets or evidence of indebtedness so
distributed applicable to one outstanding share of Common Stock as determined by
a  nationally  recognized  or  major regional investment banking firm or firm of
independent  certified  public accountants of recognized standing (which, in all
events,  may be the firm that regularly examines the financial statements of the
Company)  (an  "Appraiser")  mutually selected in good faith by the holders of a
majority  in  interest  of  the  Warrants then outstanding and the Company.  Any
determination  made  by  the  Appraiser  shall  be  final.

          (d)     If, at any time while this Warrant is outstanding, the Company
shall  issue  or  cause  to be issued rights or warrants to acquire or otherwise
sell  or  distribute shares of Common Stock to all holders of Common Stock for a
consideration  per  share  less  than  the  Exercise Price then in effect, then,
forthwith  upon  such  issue or sale, the Exercise Price shall be reduced to the
price  (calculated  to  the  nearest  cent) determined by dividing (i) an amount
equal  to  the  sum  of  (A)  the  number  of shares of Common Stock outstanding
immediately  prior  to  such issue or sale multiplied by the Exercise Price, and
(B)  the  consideration, if any, received or receivable by the Company upon such
issue  or  sale  by  (ii) the total number of shares of Common Stock outstanding
immediately  after  such  issue  or  sale.

          (e)     For  the  purposes  of  this  Section 7, the following clauses
shall  also  be  applicable:

                               Page 5 of Eight
<PAGE>
               (i)  Record Date.  In case the Company shall take a record of the
                    -----------
holders  of  its Common Stock for the purpose of entitling the holders of Common
Stock (A) to receive a dividend or other distribution payable in Common Stock or
in securities convertible or exchangeable into shares of Common Stock, or (B) to
subscribe for or purchase Common Stock or securities convertible or exchangeable
into  shares  of  Common  Stock, then such record date shall be deemed to be the
date  of  the  issue  or  sale of the shares of Common Stock deemed to have been
issued or sold upon the declaration of such dividend or the making of such other
distribution  or  the  date  of  the  granting  of such right of subscription or
purchase,  as  the  case  may  be.

               (ii)  Treasury  Shares.  The  number  of  shares  of Common Stock
                     ----------------
outstanding  at  any given time shall not include shares owned or held by or for
the  account  of  the  Company,  and the disposition of any such shares shall be
considered  an  issue  or  sale  of  Common  Stock.

          (f)     All  calculations  under  this  Section 7 shall be made to the
nearest  cent  or  the  nearest  1/100th  of  a  share,  as  the  case  may  be.

          (g)     If:

               (i)  the  Company  shall  declare  a  dividend  (or  any  other
                    distribution)  on  its  Common  Stock;  or

               (ii) the  Company  shall  declare  a  special  nonrecurring  cash
                    dividend  on  or  a  redemption  of  its  Common  Stock;  or

              (iii) the  Company shall authorize the granting to all holders of
                    the  Common  Stock  rights  or  warrants to subscribe for or
                    purchase  any shares of capital stock of any class or of any
                    rights;  or

               (iv) the  approval  of  any  stockholders of the Company shall be
                    required  in  connection  with  any  reclassification of the
                    Common  Stock of the Company, any consolidation or merger to
                    which the Company is a party, any sale or transfer of all or
                    substantially  all  of  the  assets  of  the Company, or any
                    compulsory  share  exchange  whereby  the  Common  Stock  is
                    converted  into  other  securities,  cash  or  property;  or

               (v)  the  Company  shall  authorize  the  voluntary  dissolution,
                    liquidation  or  winding  up  of the affairs of the Company;

then the Company shall cause to be mailed to each Holder at their last addresses
as  they shall appear upon the Warrant Register, at least 30 calendar days prior
to  the  applicable

                               Page 6 of Eight
<PAGE>
record or effective date hereinafter specified, a notice stating (x) the date on
which  a  record  is to be taken for the purpose of such dividend, distribution,
redemption,  rights  or warrants, or if a record is not to be taken, the date as
of  which the holders of Common Stock of record to be entitled to such dividend,
distributions,  redemption,  rights  or warrants are to be determined or (y) the
date  on  which  such reclassification, consolidation, merger, sale, transfer or
share  exchange  is  expected  to  become effective or close, and the date as of
which it is expected that holders of Common Stock of record shall be entitled to
exchange  their  shares  of  Common Stock for securities, cash or other property
deliverable  upon  such reclassification, consolidation, merger, sale, transfer,
share  exchange, dissolution, liquidation or winding up; provided, however, that
                                                         --------  -------
the  failure to mail such notice or any defect therein or in the mailing thereof
shall  not  affect the validity of the corporate action required to be specified
in  such  notice.

     8.     Payment  of Exercise Price.  The Holder may exercise this Warrant by
            --------------------------
tendering  to  the Company cash or certified or official bank check or checks in
an  amount  calculated by multiplying the Exercise Price per share by the number
of  Warrant  Shares  the  Holder  desires  to  purchase.

     9.     Fractional  Shares.  The  Company  shall not be required to issue or
            ------------------
cause  to  be  issued fractional Warrant Shares on the exercise of this Warrant.
The  number  of full Warrant Shares which shall be issuable upon the exercise of
this  Warrant  shall be computed on the basis of the aggregate number of Warrant
Shares purchasable on exercise of this Warrant so presented.  If any fraction of
a  Warrant Share would, except for the provisions of this Section 9, be issuable
on  the  exercise  of this Warrant, the Company shall, at its option, (i) pay an
amount  in  cash equal to the Exercise Price multiplied by such fraction or (ii)
round  the  number  of  Warrant  Shares  issuable,  up to the next whole number.

     10.     Notices.  Any and all notices or other communications or deliveries
             -------
hereunder  shall  be  in  writing and shall be deemed given and effective on the
earliest  of  (i)  the  date of transmission, if such notice or communication is
delivered  via  facsimile  at  the  facsimile telephone number specified in this
Section,  (ii)  the  business  day  following  the  date  of mailing, if sent by
internationally  recognized  overnight  courier  service,  or  (iii) upon actual
receipt by the party to whom such notice is required to be given.  The addresses
for  such  communications  shall  be:

             If to the Company:  DERMISONICS, INC.
                                 c/o Bruce H. Haglund
                                 2 Park Plaza, Suite 450
                                 Irvine, California  92164
                                 Facsimile Number: (949) 733-1188

                               Page 7 of Eight
<PAGE>
             If to the Holder:   EURXCHANGE CONSULTING LTD.
                                 #534, 34A-2755 Lougheed Highway
                                 Port Coquitlam, B.C., V3B 5Y9, Canada
                                 Facsimile Number: 604-949-1004

Either party may change the address and facsimile number to which notices are to
be  sent by delivering notice to the other party in accordance with this Section
10.

     11.     Warrant  Agent.
             --------------

          (a)     The  Company  shall serve as warrant agent under this Warrant.
Upon 30 days' notice to the Holder, the Company may appoint a new warrant agent.

          (b)     Any  corporation  into  which  the  Company or any new warrant
agent may be merged or any corporation resulting from any consolidation to which
the  Company  or  any  new  warrant agent shall be a party or any corporation to
which  the  Company  or any new warrant agent transfers substantially all of its
corporate  trust  or shareholders services business shall be a successor warrant
agent  under  this  Warrant without any further act.  Any such successor warrant
agent  shall  promptly  cause  notice  of  its succession as warrant agent to be
mailed (by first class mail, postage prepaid) to the Holder at the Holder's last
address  as  shown  on  the  Warrant  Register.

     12.     Miscellaneous.
             -------------

          (a)     This  Warrant  shall be binding on and inure to the benefit of
the  parties hereto and their respective successors and permitted assigns.  This
Warrant  may  be  amended  only in writing signed by the Company and the Holder.

          (b)     Subject to Section 12(a), above, nothing in this Warrant shall
be construed to give to any person or corporation other than the Company and the
Holder  any  legal  or equitable right, remedy or cause under this Warrant; this
Warrant  shall  be  for  the  sole  and exclusive benefit of the Company and the
Holder.

          (c)     This  Warrant  shall be governed by and construed and enforced
in  accordance  with  the internal laws of the State of Nevada without regard to
the  principles  of  conflicts  of  law  thereof.

          (d)     The  headings  herein  are  for  convenience  only,  do  not
constitute a part of this Warrant and shall not be deemed to limit or affect any
of  the  provisions  hereof.

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<PAGE>
          (e)     In  case  any  one  or  more of the provisions of this Warrant
shall  be  invalid  or  unenforceable  in  any  respect,  the  validity  and
enforceability  of  the remaining terms and provisions of this Warrant shall not
in  any way be affected or impaired thereby and the parties will attempt in good
faith  to  agree  upon  a  valid  and  enforceable  provision  which  shall be a
commercially  reasonable  substitute  therefor,  and  upon  so  agreeing,  shall
incorporate  such  substitute  provision  in  this  Warrant.

     IN WITNESS WHEREOF, the Company has caused this Warrant to be duly executed
by  its  authorized  officer  as  of  the  date  first  indicated  above.

                                        DERMISONICS,  INC.

                                        By: /s/ Bruce H. Haglund
                                            --------------------
                                            Bruce  H.  Haglund,
                                            Chairman

                               Page 9 of Eight
<PAGE>
                          FORM OF ELECTION TO PURCHASE
         (To be executed by the Holder to exercise the right to purchase
               shares of Common Stock under the foregoing Warrant)

To:  DERMISONICS,  INC.

     In  accordance  with  the  Warrant  enclosed  with this Form of Election to
Purchase,  the  undersigned  hereby  irrevocably  elects to purchase ___________
shares  of  Common  Stock  ("Common  Stock"),  $0.001  par  value  per share, of
DERMISONICS,  INC.  and  encloses  herewith  $________  in  cash or certified or
official bank check or checks, which sum represents the aggregate Exercise Price
(as  defined  in  the Warrant) for the number of shares of Common Stock to which
this  Form  of  Election to Purchase relates, together with any applicable taxes
payable  by  the  undersigned  pursuant  to  the  Warrant.

     The  undersigned  requests that certificates for the shares of Common Stock
issuable  upon  this  exercise  be  issued  in  the  name  of

Print  name  and  address:
                               ----------------------------------

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

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

                               ----------------------------------
Print  social  security  or
tax  identification  number:   ----------------------------------

If the number of shares of Common Stock issuable upon this exercise shall not be
all  of the shares of Common Stock which the undersigned is entitled to purchase
in  accordance  with  the  enclosed Warrant, the undersigned requests that a New
Warrant  (as defined in the Warrant) evidencing the right to purchase the shares
of Common Stock not issuable pursuant to the exercise evidenced hereby be issued
in  the  name  of  and  delivered  to:

Print  name  and  address:
                               ----------------------------------

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

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

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

                          (The signature page follows.)

<PAGE>
Dated:                    Name of Holder:
       ---------                             -----------------------------------

                          Signature:
                                             -----------------------------------

                          By (if entity):
                                             -----------------------------------

                          Name (if entity):
                                             -----------------------------------

                          Title (if entity):
                                             -----------------------------------

                          (Signature must conform in all respects to name of
                          holder as specified on the face of the Warrant)

<PAGE>
           [To be completed and signed only upon transfer of Warrant]

     FOR  VALUE  RECEIVED,  the  undersigned hereby sells, assigns and transfers
unto ___________________________________________________________________________
the  right  represented  by  the within Warrant to purchase ____________________
shares  of Common Stock of DERMISONICS, INC. to which the within Warrant relates
and  appoints the Secretary of DERMISONICS, INC. attorney to transfer said right
on  the  books  of  DERMISONICS,  INC.  with  full  power of substitution in the
premises.

Dated:                    Name of Holder:
       ---------                             -----------------------------------

                          Signature:
                                             -----------------------------------

                          By (if entity):
                                             -----------------------------------

                          Name (if entity):
                                             -----------------------------------

                          Title (if entity):
                                             -----------------------------------

                          (Signature must conform in all respects to name of
                          holder as specified on the face of the Warrant)

Name  and  Address  of  Transferee:
                                        -----------------------------

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

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

In  the  presence  of:

---------------------------------------William S. Robinson
Chairman and Chief Executive Officer
Integral Technologies, Inc.
805 W. Orchard Drive
Suite 7
Bellingham WA  98225

February 16, 2007

Bill:

This letter sets forth the terms of the agreement for Visionary Innovations Inc.
("Visionary"  or  the  "Advisor"),  as  the  Advisor,  to  render  strategic and
consulting services to Integral Technologies, Inc. ("Integral" or the "Company")
(the  "Agreement").

1)   BUSINESS  ACTIVITIES
     --------------------

Visionary  agrees  to  provide the following services to the Company pursuant to
the  terms  of  this  agreement:

          a)   Research of Business Channels - Visionary will assist the Company
               in  its research of potential business channels for the Company's
               products,  evaluate  such channels and provide recommendations to
               the  Company.

          b)   Strategic  and  Negotiation  Consultation  -  Upon request by the
               Company,  Visionary  will  be  available to provide strategic and
               negotiation  consulting  advice to the Company. This may include,
               but  not  be  limited  to,  such  things  as:

               i)   Planning  for  and  participating  in major negotiation with
                    vendors,  suppliers  and  clients

               ii)  Reviewing the business and operations plan, strategic growth
                    plan,  and/or  financial  plan  of  the  Company

               iii) Supporting  Board  and  Investor  meetings,  either  by
                    teleconference  or  in  person

               iv)  As  needed, provide telephonic consultation relating to time
                    sensitive  business  decisions

          c)   Distributor/Client  Support  -  Visionary  will  review  with the
               Company  potential  new  distributors  and  clients,  provide  an
               evaluation  of  such  organizations,  help develop agreements for
               sales  and  assist  where  needed  in  negotiations  for  such
               agreements.

          d)   Governmental  Channels  and  Research - Visionary will assist the
               Company  in  developing  a  program  to  introduce  the Company's
               products  to  various  targeted  governmental  agencies  for  the
               purpose of product sales as well as for potential research grants
               to  enhance  or  extend  the  Company's  product  line.

<PAGE>
                INTEGRAL TECHNOLOGIES INC. - BUSINESS AGREEMENT
                -----------------------------------------------

          e)   Manufacturing  Expansion  -  Visionary will advise the Company in
               discussions  regarding  expanding  the production capabilities of
               the  Company  and  will assist in developing a manufacturing plan
               once  alternatives  are  chosen.

          f)   International Licensees and Distributors - Visionary will provide
               initial  research  into  potential  international  licensees  and
               distributors, evaluate such organizations and provide input as to
               the  development  of  any  agreements.

          g)   Client  Introductions  -  Visionary  will  assist  the Company by
               providing  potential  sales leads from its internal and affiliate
               relationships.

          h)   Exit  Planning  -  Visionary will work with the Company to define
               various  potential  exit  event  scenarios,  hold  discussions
               regarding  the  viability  of  such  events  and help the Company
               prepare  any  developmental  activities  necessary to enhance the
               possibilities  of  those  events  happening.

          i)   Other  Services  -  Visionary  will assist the Company with other
               services  as mutually agreed to by the parties during the term of
               this  Agreement.

2)   EXECUTIVE  MANAGEMENT
     ---------------------

     Visionary  will  be  responsible  for  reporting directly to the CEO of the
     Company and all activities shown above will be provided in a direct working
     relationship  with  the  CEO and others as designated by the Company in its
     discretion.  Visionary  will  establish and provide an executive management
     team  to the Company to support the services outlined above, subject to the
     approval  of  the  Company. Visionary's executive management team shall, at
     all  times  during  the term of this Agreement, be headed by Scott Shaffer.

3)   BUSINESS  ACTIVITIES  AND  EXECUTIVE  MANAGEMENT  FEES
     ------------------------------------------------------

     Prior  to  the  termination  of  this  Agreement pursuant to Section 4, the
     Company will agree to pay to Visionary for its ongoing executive management
     services:

          a)   a  three  year contract beginning on the signing of this contract
          b)   50,000  shares  upon signing of the contract on February 16, 2007
               and another 50,000 shares on February 16, 2008 and another 50,000
               shares  on  February  16,  2009
          c)   125,000  options  which  vest  on February 17, 2007 at a price of
               $2.75.
          d)   125,000  options  which  vest on February 17, 2008 at a of $2.75.
               Business  Development  Fee  - The Company will pay to Visionary a
               fee  equal  to 2% of Net Revenue (as defined below) actually paid
               to  the  Company  by  new  clients  or  other  persons  directly
               introduced  by  Visionary  under  this  Agreement (each, a "Third
               Party"); provided, however, that Visionary shall only be entitled
               to  receive  the  fee  described in this Section 3(c) if it first
               identifies  the  name  of  the  Third  Party  in writing prior to
               engaging  in  negotiations  with such Third Party with respect to
               consummation  of a commercial transaction between the Third Party
               and  the  Company,  and  the  Company approves the Third Party in
               writing;  provided  further, however, that Visionary shall not be
               entitled  to

                                                                     Page 2 of 7
<PAGE>
                INTEGRAL TECHNOLOGIES INC. - BUSINESS AGREEMENT
                -----------------------------------------------

               receive the fee provided for under this Section 3(c) with respect
               to  any  person  with  whom  the  Company  had  a  pre-existing
               relationship  prior  to  the  date  of this Agreement, including,
               without  limitation,  the entities and other persons set forth on
               Exhibit  A attached hereto unless the Company requests in writing
               Visionary's participation with such relationship. For purposes of
               this  Agreement,  the  term  "Net  Revenue"  shall  mean  revenue
               actually received by the Company from Third Parties in respect of
               sales of the Company's products and/or services, license fees, or
               research grants, net of taxes payable by the Company with respect
               to  such  amounts and all direct costs incurred by the Company in
               generating  such revenue (including, without limitation, expenses
               paid  to  Visionary  pursuant  to  Sections  6 of this Agreement)
          e)   In  addition  to  the  above,  Integral Technologies will pay a 2
               (two)  percent  fee  on  gross  monies  raised  through  private
               financings  in  which  Visionary  Innovations  is the introducing
               party.  This  is  subject  to  the  above  stipulations.

4)  TERM
    ----

          a)   Unless earlier terminated pursuant to Section 4(b) or 4(c) below,
               the  initial  term  of the Agreement shall begin on the execution
               hereof  and  continue  for an initial period of one (1) year (the
               "Initial  Term").  Unless  terminated  by  either  party at least
               thirty  (30)  days  prior  to the end of the initial one (1) year
               term, this Agreement will automatically be renewed for successive
               one-year  periods  (each  a, "Successive Term" and, together with
               the  "Initial  Term,"  the  "Term").

          b)   This  Agreement  may  be  terminated without Cause (as defined in
               Section  4(c) below) by either party prior to the end of the Term
               at  any time upon thirty (30) days prior written notice, given at
               any  time  but  not  prior  to ninety (90) days from the starting
               date.  Visionary  agrees  to continue to provide regular services
               and  support  activities  during the thirty (30) day notification
               period.

          c)   This  Agreement may be terminated by the Company prior to the end
               of  the  Term for Cause immediately upon notice to Visionary. For
               purposes  of  this Agreement, the term "Cause" shall mean shall a
               good  faith determination by the Company that there has been: (i)
               a  failure  by  Visionary  to  perform its duties hereunder after
               notice  of such failure from the Company, if such failure has not
               been  cured  within  ten  (10) days after receipt of such notice,
               (ii) any act by, or an event with respect to, Visionary involving
               embezzlement, theft, material dishonesty, or material harm to the
               Company's  reputation,  or  a  conviction  of  or  plea  of  nolo
               contendere  to  a  crime involving moral turpitude or a felony of
               any  of  the principals of Visionary, or (iii) any breach of this
               Agreement  by Visionary, if such breach has not been cured within
               ten  (10)  days  after  receipt  of  such  notice.

          d)   Upon  any  termination  of this Agreement, all obligations of the
               parties  shall  end;  provided, however, that no such termination
               shall  affect  the obligations of Visionary pursuant to Section 7
               below,  the  indemnification  obligations  of  the  Company  or
               Visionary set forth in Section 8 below, or the right of Visionary
               to  receive  any retainer and performance fees earned and payable
               during  the  term  of this Agreement or the right of Visionary to
               receive  reimbursement  for its out-of-pocket expenses previously
               incurred  as  described  below  in  Section  6.  The Company will
               continue  to  pay  Visionary

                                                                     Page 3 of 7
<PAGE>
                INTEGRAL TECHNOLOGIES INC. - BUSINESS AGREEMENT
                -----------------------------------------------

               the  fees earned in Section 3(c) for all agreements signed before
               the  termination  of  this  Agreement  for  the  duration of such
               contract.

5)   REPORTS  AND  MEETINGS
     ----------------------

          a)   Visionary  shall,  at  its  expense, provide the Company with the
               following  full  and  complete  reports  during  the term of this
               Agreement:  (i)  written periodic reports summarizing Visionary's
               efforts  with  respect  to  the  services  described in Section 1
               above;  (ii)  market  information  from  reports  which Visionary
               receives  from  time  to  time;  and  (iii) such other reports as
               mutually  agreed  upon  by  the  parties.

          b)   Visionary's  executive  management  team  and  the  Company shall
               maintain  a  close  working  relationship  which  shall  include
               periodic meetings during which the business activities undertaken
               by  Visionary  pursuant  to  this Agreement shall be reviewed and
               discussed.

6)   EXPENSES
     --------

     The  Company  will  reimburse  Visionary,  upon  its  request,  for  all
     reasonable out of pocket expenses, including economy travel, incurred by it
     in  connection  with  performing  services  as  outlined in this Agreement,
     provided  that  any  single  expense in excess of $500, or any single event
     expense  in  excess of $1,000 will require the prior written consent of the
     Company,  and  aggregate  expenses  in excess of $15,000 during the Initial
     Term  or any Successive Term will also require the prior written consent of
     the  Company.

7)   INFORMATION  AND  CONFIDENTIALITY
     ---------------------------------

          a)   Visionary  agrees  that  all non-public information pertaining to
               the  prior,  current  or contemplated business of the Company are
               valuable and confidential assets of the Company. Such information
               shall  include,  without  limitation,  information  relating  to
               customer  lists, bidding procedures, intellectual property, trade
               secrets,  financing  techniques  and  sources  and such financial
               statements  of  the  Company  as are not available to the public.
               Visionary shall hold all such information provided to it in trust
               and  confidence for the Company and shall not use or disclose any
               such  information  to  any  other  person  except  with the prior
               consent  of  the  Company.  The  terms  of this Agreement and the
               relationship  of  the  parties  shall  also  be  governed  by the
               Confidentiality Agreement between the Company and Visionary dated
               January  31, 2006 (the "Confidentiality Agreement"). In the event
               of any conflict between the terms of this Agreement and the terms
               of  the  Confidentiality  Agreement,  the  terms  of  the
               Confidentiality  Agreement  shall  govern.

          b)   Upon  request  from the Company during or upon the termination of
               this Agreement, Visionary will provide the Company any and all of
               its  work  product  information  related to the services provided
               under  this  Agreement.

                                                                     Page 4 of 7
<PAGE>
                INTEGRAL TECHNOLOGIES INC. - BUSINESS AGREEMENT
                -----------------------------------------------

          c)   Visionary  acknowledges  that  any  breach  of this Section 7 may
               cause  immediate  and  irreparable injury to the Company and that
               monetary  damages may be inadequate to compensate the Company for
               such  breach. Having acknowledged the foregoing, Visionary agrees
               that,  in the event of such breach, the Company shall be entitled
               to injunctive relief, in addition to all other remedies available
               to  it  at  law  or  in equity. This Section in no way limits the
               liability  or  damages  that may be assessed against Visionary in
               the event of a breach of any of the provisions of this Section 7.

8)   INDEMNIFICATION
     ---------------

     The  Company  and  Visionary  mutually  agree to defend, indemnify and hold
     each  other  and  their directors, officers, employees and agents, harmless
     from  and  against  any  and  all  claims or liability arising out of their
     performance  under  this  Agreement  except  to  the  extent such claims or
     liability  result  from  the  gross negligence or willful misconduct of the
     party  claiming  indemnification  rights.

9)   INDEPENDENT  CONTRACTOR
     -----------------------

     It  is  expressly  understood  and  agreed  that  Visionary  shall,  at all
     times, act as an independent contractor with respect to the Company and not
     as  an  employee  or  agent  of  the  Company, and nothing contained in any
     agreement  shall  be  construed  to  create  a  joint venture, partnership,
     association  or  other  affiliation,  or  like  relationship,  between  the
     parties.

10)  AMENDMENT
     ---------
     No  modification,  waiver,  amendment,  discharge  or  change  of  this
     Agree-ment  shall  be  valid  unless  the  same is evidenced in writing and
     signed  by  the  parties.

11)  NOTICES
     -------

     All  notices  given  shall  be  in writing and shall be deemed to have been
     provided  when  delivered  by  certified  or  overnight mail to the primary
     business  addresses  of  the  other  party.

12)  ENTIRE  AGREEMENT
     -----------------

     This  Agreement  contains  all  of  the  understandings  and  agreements of
     the  parties with respect to the subject matter discussed herein. All prior
     agreements,  whether  written or oral, are merged herein and shall be of no
     force  or  effect.

13)  SEVERABILITY
     ------------

     The  invalidity,  illegality  or  unenforceability  of  any  provision  or
     provisions  of  this Agreement will not affect any other provision of  this
     Agreement,  which  will  remain  in  full  force  and  effect, nor will the
     invalidity, illegality or unenforceability of a portion of any provision of
     this  Agreement  affect  the  balance  of  such  provision.

                                                                     Page 5 of 7
<PAGE>

                INTEGRAL TECHNOLOGIES INC. - BUSINESS AGREEMENT
                -----------------------------------------------

14)  CONSTRUCTION  AND  ENFORCEMENT;  VENUE
     --------------------------------------

     This  Agreement  shall  be  construed  in  accordance  with the laws of the
     State  of Washington, without application of the principles of conflicts of
     laws.  The parties agree to exclusive jurisdiction of the state and federal
     courts  in  Whatcom  County,  Washington,  each  party  submits  to  the
     jurisdiction  of those courts, and each party agrees not to object to venue
     before  such  courts.

15)  BINDING  NATURE
     ---------------

     The  terms  and  provisions  of  this  Agreement  shall be binding upon and
     inure  to  the  benefit of the parties, and their respective successors and
     assigns.  Visionary  cannot  assign the work requirements of this Agreement
     without  prior  consent  of  the  Company.

16)  COUNTERPARTS
     ------------

     This  Agreement  may  be  executed in any number of counterparts, including
     facsimile  signatures,  which  shall  be deemed as original signatures. All
     executed counter-parts shall constitute one Agreement, notwithstanding that
     all  signatories  are  not  signato-ries  to  the  original  or  the  same
     counterpart.

17)  ASSIGNMENT
     ----------

     Visionary  shall  not  assign  or  delegate  any  of  its obligations under
     this Agreement without the prior written consent of the Company which shall
     not  be unreasonably withheld, including through a transfer of greater than
     fifty  percent  (50%)  of  the  ownership  interest of Visionary, through a
     merger,  consolidation  or otherwise, or otherwise by operation of law. Any
     assignment  or  delegation in contravention of this provision shall be null
     and  void. Except as provided in the preceding sentences, all the terms and
     provisions  of this Agreement will be binding upon and inure to the benefit
     of  and  be  enforceable by the parties and their respective successors and
     permitted  assigns.

18)  AUTHORIZATION
     -------------

     The  Company  represents  and  warrants  that  it  has  the requisite power
     and  authority to enter into and carry out the terms and conditions of this
     Agreement.

19)  NON-WAIVER
     ----------

     The  failure  by  either  party  hereto  at any time to require performance
     by  the other party or to claim a breach of any provision of this Agreement
     shall  not  be construed as affecting any subsequent breach or the right to
     require  the  performance  with  respect  thereto or to claim a breach with
     respect  thereto.

                                                                     Page 6 of 7
<PAGE>
                INTEGRAL TECHNOLOGIES INC. - BUSINESS AGREEMENT
                -----------------------------------------------

20)  COMPLIANCE  WITH  LAWS
     ----------------------

     Visionary  hereby  represents  and  warrants  that  the  conduct  of  its
     business  is  in  compliance  with  all  applicable laws, and Visionary has
     obtained, and will maintain during the term of this Agreement, all licenses
     necessary  for  the  conduct  of  its  business.

Please  confirm  that the foregoing correctly set forth our agreement by signing
and  returning  to  us  a  copy  of  this  Agreement.

Sincerely,

/s/  Scott  Shaffer

Mr.  Scott  Shaffer
Chief  Executive  Officer  and  Owner
Visionary  Innovations  Inc.
2800  South  Ocean  Blvd.
Penthouse  D
Boca  Raton  Florida  33432.

Accepted  By:

/s/  William  S.  Robinson

___________________________
William  Robinson
Chairman  and  Chief  Executive  Officer
Integral  Technologies  Inc.

Date:  2/16/07
                                                                     Page 7 of 7

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