Document:

Exhibit 10.15  

WARRANT AGREEMENT  

        This Agreement made as of                        , 2006 between
Boomerang Holdings, Inc., a Delaware corporation, with offices at 400 Chesterfield Center, Suite
400, Chesterfield, Missouri 63017 ("Company"), and                        or
permitted assigns under the terms of this Agreement and the Warrants (the  "Warrant Holder"). 

        WHEREAS,
the Company has determined to issue and deliver up to 3,062,500 Warrants to the Company's directors (the "Warrants"), each
Warrant evidencing the right of the Warrant Holder thereof to purchase one share of the Company's common stock, par value $0.01 per share ("Common
Stock"), for $6.00, subject to adjustment as described herein; and 

        WHEREAS,
the Company desires to provide for the form and provisions of the Warrants, the terms upon which they shall be issued and exercised, and the respective rights, limitation of
rights, and immunities of the Company and the holders of the Warrants; and 

        WHEREAS,
all acts and things have been done and performed which are necessary to make the Warrants, when executed on behalf of the Company and countersigned by or on behalf of the
Warrant Holder, as provided herein, the valid, binding and legal obligations of the Company, and to authorize the execution and delivery of this Agreement. 

        NOW,
THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows: 

        1.    Warrants.    

        1.1.    Form of Warrant Certificate.    Each Warrant Certificate shall
be in substantially the form of Warrant Certificate attached as Exhibit A hereto, the provisions of which are incorporated herein and shall be
signed by, or bear the facsimile signature of, the Chairman of the Board or President and Treasurer,
Secretary or Assistant Secretary of the Company. In the event the person whose facsimile signature has been placed upon any Warrant Certificate shall have ceased to serve in the capacity in which such
person signed the Warrant Certificate before such Warrant Certificate is issued, it may be issued with the same effect as if he or she had not ceased to be such at the date of issuance. 

        1.2.    Registration.    

        1.2.1.    Warrant Register.    The Company shall maintain books
("Warrant Register"), for the registration of original issuance and the registration of transfer of the Warrants. Upon the initial issuance of the
Warrants, the Company shall issue and register the Warrants in the names of the respective holders thereof in the appropriate denominations. 

        1.2.2.    Registered Holder.    Prior to due presentment for registration of transfer of any
Warrant, the Company may deem and treat the person in whose name such Warrant shall be registered upon the Warrant Register ("registered holder"), as
the absolute owner of such Warrant and of each Warrant represented thereby (notwithstanding any notation of ownership or other writing on the Warrant Certificate made by anyone other than the
Company), for the purpose of any exercise thereof, and for all other purposes, and the Company shall not be affected by any notice to the contrary. 

        2.    Terms and Exercise of Warrants.    

        2.1.    Warrant Price.    Each Warrant Certificate shall entitle the Warrant Holder, subject
to the provisions of such Warrant and of this Warrant Agreement, to purchase from the Company the number of shares of Common Stock stated therein, at the price of $6.00 per whole share, subject to the
adjustments provided in Section 3 hereof and in the last sentence of this Section 2.1. The term "Warrant Price" as used in this Warrant
Agreement refers to the price per share at which 

 

Common
Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date; provided, however, that any
change in the Warrant Price must apply equally to all of the Warrants, and provided further that any reduction in Warrant Price must remain in effect for at least twenty (20) business days. 

        2.2.    Duration of Warrants.    A Warrant may be exercised only during the period
("Exercise Period") commencing on the later of (i) the consummation by the Company of a business
combination and (ii) the first anniversary of the effective date of the registration statement (the "Registration Statement") for the
contemplated initial public offering of the Company's securities (the "Public Offering"), and terminating at 5:00 p.m., New York City time on the  earlier to occur of (i) the fourth anniversary of the effective date of the Registration Statement, or (ii) the date fixed for redemption
of the Warrants as provided in Section 5 of this Agreement ("Expiration Date"). For purposes of this Agreement, a
"business combination" means, following the Public Offering (the net proceeds of which shall be deposited in a trust account), the Company's initial
acquisition of one or more assets or operating businesses through a merger, capital stock exchange, asset or stock acquisition or other similar business combination pursuant to which the Company will
require that a majority of the shares of common stock voted by its public stockholders are voted in favor of the acquisition and less than 20% of the public stockholders both (1) vote against
the proposed acquisition and (2) elect to convert their shares of common stock into a pro rata share of the aggregate amount then on deposit in the trust account. Except with respect to the
right to receive the Redemption Price (as set forth in Section 5.1 hereunder), each Warrant not exercised on or before the Expiration Date shall become void, and all rights thereunder and all
rights in respect thereof under this Agreement shall cease at the close of business on the Expiration Date. The Company in its sole discretion may extend the duration of the Warrants by delaying the
Expiration Date; provided, however, that any extension of the duration of the Warrants must apply equally to all of the Warrants. 

        2.3.    Exercise of Warrants.    

        2.4.    Payment.    Subject to the provisions of the Warrant and this Warrant Agreement, a
Warrant may be exercised by the registered holder thereof by surrendering it, at the office of the Company, with the subscription form, as set forth in the Warrant, duly executed, and by paying in
full, in lawful money of the United States, in cash, good certified check or good bank draft payable to the order of the Company (or as otherwise agreed to by the Company), the Warrant Price for each
full share of Common Stock as to which the Warrant is exercised and any and all applicable taxes due in connection with the exercise of the Warrant, the exchange of the Warrant for the Common Stock,
and the issuance of the Common Stock. 

        2.5.    Issuance of Certificates.    As soon as practicable after the exercise of any Warrant
and the clearance of the funds in payment of the Warrant Price, the Company shall issue to the registered holder of such Warrant a certificate or certificates for the number of full shares of Common
Stock to which he, she or it is entitled, registered in such name or names as may be directed by him, her or it, and if such Warrant shall not have been exercised in full, a new countersigned Warrant
for the number of shares as to which such Warrant shall not have been exercised. Warrants may not be exercised by, or securities issued to, any registered holder in any state in which such exercise
would be unlawful. Notwithstanding the foregoing, the Company shall not be obligated to deliver any securities pursuant to the exercise of a Warrant and shall have no obligation to settle the Warrant
exercise unless a registration statement under the Act with respect to the Common Stock is effective, subject to the Company satisfying its obligations under Section 6.4 to use its best
efforts. In the event that a registration statement with respect to the Common Stock underlying a Warrant is not effective under the Act, the holder of such Warrant shall not be entitled to exercise
such Warrant. Notwithstanding anything to the contrary contained in this Warrant Agreement, under no 

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circumstances
will the Company be required to net cash settle the exercise of the Warrants. Warrants may not be exercised by, or securities issued to, any registered holder in any state in which such
exercise would be unlawful. As a result of the provisions of this Section 2.5, any or all of the warrants may expire unexercised. 

        2.6.    Valid Issuance.    All shares of Common Stock issued upon the proper exercise of a
Warrant in conformity with this Agreement shall be validly issued, fully paid and nonassessable. 

        2.7.    Date of Issuance.    Each person in whose name any such certificate for shares of
Common Stock is issued shall for all purposes be deemed to have become the holder of record of such shares on the date on which the Warrant was surrendered and payment of the Warrant Price was made,
irrespective of the date of delivery of such certificate, except that, if the date of such surrender and payment is a date when the stock transfer books of the Company are closed, such person shall be
deemed to have become the holder of such shares at the close of business on the next succeeding date on which the stock transfer books are open. 

        3.    Adjustments.    

        3.1.    Stock Dividends—Split-Ups.    If after the date hereof, and
subject to the provisions of Section 3.6 below, the number of outstanding shares of Common Stock is increased by a stock dividend payable in shares of Common Stock, or by a split-up
of shares of Common Stock, or other similar event, then, on the effective date of such stock dividend, split-up or similar event, the number of shares of Common Stock issuable on exercise
of each Warrant shall be increased in proportion to such increase in outstanding shares of Common Stock. 

        3.2.    Aggregation of Shares.    If after the date hereof, and subject to the provisions of
Section 3.6, the number of outstanding shares of Common Stock is decreased by a consolidation, combination, reverse stock split or reclassification of shares of Common Stock or other similar
event, then, on the effective date of such consolidation, combination, reverse stock split, reclassification or similar event, the number of shares of Common Stock issuable on exercise of each Warrant
shall be decreased in proportion to such decrease in outstanding shares of Common Stock. 

        3.3.    Adjustments in Exercise Price.    Whenever the number of shares of Common Stock
purchasable upon the exercise of the Warrants is adjusted, as provided in Section 3.1 and 3.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price
immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise of the Warrants immediately prior to
such adjustment, and (y) the denominator of which shall be the number of shares of Common Stock so purchasable immediately thereafter. 

        3.4.    Replacement of Securities upon Reorganization, etc.    In case of any reclassification
or reorganization of the outstanding shares of Common Stock (other than a change covered by Section 3.1 or 3.2 hereof or that solely affects the par value of such shares of Common Stock), or in
the case of any merger or consolidation of the Company with or into another corporation (other than a consolidation or merger in which the Company is the continuing corporation and that does not
result in any reclassification or reorganization of the outstanding shares of Common Stock), or in the case of any sale or conveyance to another corporation or entity of the assets or other property
of the Company as an entirety or substantially as an entirety in connection with which the Company is dissolved, the Warrant Holder shall thereafter have the right to purchase and receive, upon the
basis and upon the terms and conditions specified in the Warrants and in lieu of the shares of Common Stock of the Company immediately theretofore purchasable and receivable upon the exercise of the
rights represented thereby, the kind and amount of shares of stock or other securities or property (including cash) receivable upon such reclassification, reorganization, 

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merger
or consolidation, or upon a dissolution following any such sale or transfer, that the Warrant Holder would have received if such Warrant Holder had exercised his, her or its Warrant(s)
immediately prior to such event; and if any reclassification also results in a change in shares of Common Stock covered by Section 3.1 or 3.2, then such adjustment shall be made pursuant to
Sections 3.1, 3.2, 3.3 and this Section 3.4. The provisions of this Section 3.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales
or other transfers. 

        3.5.    Notices of Changes in Warrant.    Upon every adjustment of the Warrant Price or the
number of shares issuable upon exercise of a Warrant, the Company shall give written notice thereof to each Warrant Holder, which notice shall state the Warrant Price resulting from such adjustment
and the increase or decrease, if any, in the number of shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon
which such calculation is based. Upon the occurrence of any event specified in Sections 3.1, 3.2, 3.3 or 3.4, then, in any such event, the Company shall give written notice to each Warrant Holder, at
the last address set forth for
such holder in the warrant register, of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such event. 

        3.6.    No Fractional Shares.    Notwithstanding any provision contained in this Warrant
Agreement to the contrary, the Company shall not issue fractional shares upon exercise of Warrants. If, by reason of any adjustment made pursuant to this Section 3, the holder of any Warrant
would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down to the nearest whole number the number of the
shares of Common Stock to be issued to the Warrant Holder. 

        3.7.    Form of Warrant.    The form of Warrant need not be changed because of any adjustment
pursuant to this Section 3, and Warrants issued after such adjustment may state the same Warrant Price and the same number of shares as is stated in the Warrants initially issued pursuant to
this Agreement. However, the Company may at any time in its sole discretion make any change in the form of Warrant that the Company may deem appropriate and that does not affect the substance thereof,
and any Warrant thereafter issued or countersigned, whether in exchange or substitution for an outstanding Warrant or otherwise, may be in the form as so changed. 

        4.    Transfer and Exchange of Warrants.    

        4.1.    Restrictions on Transfer.    The Warrants have not been registered under the
Securities Act of 1933, as amended (the "Securities Act") or the securities laws of certain states in reliance on specific exemptions from registration.
No securities administrator of any state or the federal government has recommended or endorsed this private placement of Warrants or made any findings or determination relating to the fairness of an
investment in the Company. The Warrants are (and the Common Stock underlying such Warrants, when issued, will be) subject to restrictions on transferability and may not be resold, assigned or
otherwise disposed of unless they are subsequently registered under the Securities Act and under applicable securities laws of certain states or an exemption from such registration is available. The
Warrants may not be sold or transferred until ninety (90) days after the consummation of a business combination. 

        4.2.    Registration of Transfer.    The Company shall register the transfer, from time to
time, of any outstanding Warrant upon the Warrant Register, upon surrender of such Warrant for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate
instructions for transfer. Upon any such transfer, a new Warrant representing an equal aggregate number of Warrants shall be issued and the old Warrant shall be cancelled by the Company. 

        4.3.    Procedure for Surrender of Warrants.    Warrants may be surrendered to the Company,
together with a written request for exchange or transfer, and thereupon the Company shall issue in 

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exchange
therefor one or more new Warrants as requested by the registered holder of the Warrants so surrendered, representing an equal aggregate number of Warrants; provided, however, that in the
event that a Warrant surrendered for transfer bears a restrictive legend, the Company shall not cancel such Warrant and issue new Warrants in exchange therefor until the Company has received an
opinion of its counsel stating that such transfer may be made and indicating whether the new Warrants must also bear a restrictive legend. 

        4.4.    Fractional Warrants.    The Company shall not be required to effect any registration
of transfer or exchange which will result in the issuance of a Warrant certificate for a fraction of a Warrant. 

        4.5.    Service Charges.    No service charge shall be made for any exchange or registration
of transfer of Warrants. 

        5.    Redemption.    

        5.1.    Redemption.    Subject to Section 5.4 hereof, not less than all of the
outstanding Warrants may be redeemed, at the option of the Company, at any time after they become exercisable and prior to their expiration, at the office of the Company, upon the notice referred to
in Section 5.2, at the price of $0.01 per Warrant (the "Redemption Price"), provided (i) the last sales price of the Common Stock has been
at least $11.50 per share (the "Trigger Price"), on each of twenty (20) trading days within any thirty (30) trading day period ending on
the third business day prior to the date on which notice of redemption is given and (ii) the Warrants and the shares of Common Stock underlying the Warrants are covered by a registration
statement that is effective under the Act and a current prospectus 

        5.2.    Date Fixed for, and Notice of, Redemption.    In the event the Company shall elect to
redeem all of the Warrants, the Company shall fix a date for the redemption (the "Redemption Date"). Notice of redemption shall be mailed by first class
mail, postage prepaid, by the Company not less than 30 days prior to the date fixed for redemption to the registered holders of the Warrants to be redeemed at their last addresses as they shall
appear on the registration books. Any notice mailed in the manner herein provided shall be conclusively presumed to have been duly given whether or not the registered holder received such notice. In
the event of any adjustment to the Warrant Price or the number of shares of Common Stock issuable on exercise of each Warrant as provided in Section 3, a proportional adjustment shall be made
to the Trigger Price. 

        5.3.    Exercise After Notice of Redemption.    The Warrants may be exercised for cash at any
time after notice of redemption shall have been given by the Company pursuant to Section 5.2 hereof and prior to the Redemption Date. On and after the Redemption Date, the record holder of the
Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price. 

        5.4.    Outstanding Warrants Only.    The Company understands that the redemption rights
provided for by this Section 5 apply only to outstanding Warrants. To the extent a person holds rights to purchase Warrants, such purchase rights shall not be extinguished by redemption.
However, once such purchase rights are exercised, the Company may redeem the Warrants issued upon such exercise provided that the criteria for redemption is met. 

        6.    Other Provisions Relating to Rights of Holders of Warrants.    

        6.1.    No Rights as Stockholder.    A Warrant does not entitle the registered holder thereof
to any of the rights of a stockholder of the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights to vote or to consent or to
receive notice as stockholders in respect of the meetings of stockholders or the election of directors of the Company or any other matter. 

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        6.2.    Lost, Stolen, Mutilated, or Destroyed Warrants.    If any Warrant Certificate is lost,
stolen, mutilated, or destroyed, the Company may on such terms as to indemnity or otherwise as the Company may in its discretion impose (which shall, in the case of a mutilated Warrant Certificate,
include the surrender thereof), issue a new Warrant Certificate of like denomination, tenor, and date as the Warrant Certificate so lost, stolen, mutilated, or destroyed. Any such new Warrant
Certificate shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed Warrant Certificate shall be at any time enforceable
by anyone. 

        6.3.    Reservation of Common Stock.    The Company shall at all times reserve and keep
available a number of its authorized but unissued shares of Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement. 

        6.4.    Registration of Common Stock.    The Company agrees that prior to the commencement of
the Exercise Period, it shall use its best efforts to prepare and file with the Securities and Exchange Commission a post-effective amendment to the Registration Statement, or a new
registration statement, for the registration, under the Act, of, and it shall use its best efforts to take such action as is necessary to qualify for sale, in those states in which the Warrants were
initially offered by the Company, the Common Stock issuable upon exercise of the Warrants. In either case, the Company will use its best
efforts to cause the same to become effective on or prior to the commencement of the Exercise Period and use its best efforts to maintain the effectiveness of such registration statement until the
expiration of the Warrants in accordance with the provisions of this Agreement; provided, however, that the Company shall not be obligated to deliver securities and shall not have penalties for
failure to deliver securities, if a registration statement is not effective at the time of exercise by the holder. The provisions of this Section 6.4 may not be modified, amended or deleted
without the prior written consent of Deutsche Bank. 

        7.    Miscellaneous Provisions.    

        7.1.    Successors.    All the covenants and provisions of this Agreement by or for the
benefit of the Company shall bind and inure to the benefit of its successors and assigns. 

        7.2.    Notices.    Any notice, statement or demand authorized by the Warrant Holder to or on
the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier service within five days after deposit of such notice,
postage prepaid, addressed (until another address is provided in writing to the Warrant Holder), as follows: 

Boomerang
Holdings, Inc.

400 Chesterfield Center, Suite 400

Chesterfield, Missouri 63017

Attn: Gregg Eisenberg, CEO 

        7.3.  Any notice, statement or demand authorized by this Agreement to be given or made by the holder of any Warrant or by the
Company to or on the Warrant Holder shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier service within five days after
deposit of such notice, postage prepaid, addressed (until another address is provided in writing with the Company to the Warrant Holder at the address for the Warrant Holder that appears in the
signature page hereto). 

        7.4.    Applicable law.    The validity, interpretation, and performance of this Agreement and
of the Warrants shall be governed in all respects by the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive
laws of another jurisdiction. The Company hereby agrees that any action, proceeding or claim against it arising out of or relating in any way to this Agreement shall be brought and enforced in the
courts 

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of
the State of New York or the United States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive. The Company
hereby waives any objection to such exclusive jurisdiction and that such courts represent an inconvenience forum. Any such process or summons to be served upon the Company may be served by
transmitting a copy thereof by registered or certified mail, return receipt requested, postage prepaid, addressed to it at the address set forth in Section 7.2 hereof. Such mailing shall be
deemed personal service and shall be legal and binding upon the Company in any action, proceeding or claim. 

        7.5.    Persons Having Rights under this Agreement.    Nothing in this Agreement expressed and
nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the parties hereto and the registered
holders of the Warrants, any right, remedy, or claim under or by reason of this Warrant Agreement or of any covenant, condition, stipulation, promise, or agreement hereof. All covenants, conditions,
stipulations, promises, and agreements contained in this Warrant Agreement shall be for the sole and exclusive benefit of the parties hereto and their successors and assigns and of the registered
holders of the Warrants. 

        7.6.    Examination of the Warrant Agreement.    A copy of this Agreement shall be available
at all reasonable times at the office of the Company in Chesterfield, Missouri, for inspection by the registered holder of any Warrant. The Company may require any such holder to submit his Warrant
for inspection by it. 

        7.7.    Counterparts.    This Agreement may be executed in any number of original or facsimile
counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. 

        7.8.    Effect of Headings.    The Section headings herein are for convenience only and are
not part of this Warrant Agreement and shall not affect the interpretation thereof. 

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        IN
WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the day and year first above written. 

	

 	
 	

BOOMERANG HOLDINGS, INC.
	

 	
 	

By:	

  

	 	 	Name: Gregg Eisenberg
	 	 	Title: Chief Executive Officer
	

 	
 	

WARRANT HOLDER
	

 	
 	

By:	

  

	 	 	Name:	  

	 	 	Title:	  

	

 	
 	

  
  
Warrant Holder's Address

EXHIBIT A  

FORM
OF WARRANT CERTIFICATEEXHIBIT 10.1

    
      

    

    EXHIBIT
      10.1

    SETTLEMENT
      AGREEMENT

     

    This
      Settlement Agreement (the “Agreement”) is entered into effective as of May 10,
      2006, by and among FastFunds Financial Corporation, Inc., a Nevada corporation
      (“FastFunds”), and Equitex, Inc. (“Equitex”), on the one hand; and the following
      holders of certain notes: MBC Global, LLC, an Illinois limited liability company
      (“MBC”), Corporate Capital, Inc. a Minnesota corporation, Carolyn Companies, a
      Colorado corporation, Moore Investments, Inc., an Illinois corporation, Paul
      A.
      Moore, Kathy Moore, Kevin F. Flynn, as Trustee of the Kevin F. Flynn June 1992
      Non-Exempt Trust, European American Perinvest Group Bermuda., a British Virgin
      Island corporation, Fritz Voelker, John Eric Landry, Colin P. Markey, Sherie
      Swiontek, Mark Savage and Daniel Ryweck (collectively referred to as the “Note
      Holders”) on the other hand; with respect to the settlement of all claims
      between the foregoing parties to this Agreement, including those relating to
      certain Convertible Promissory Notes dated April 14, 2004, made by FastFunds
      to
      the Note Holders (as listed in Exhibit 1 attached, the “Notes”), and other
      related matters. FastFunds and the Note Holders may be collectively referred
      to
      in this Agreement as the “parties” and individually as a “party.”

     

    In
      consideration of the payments, promises, mutual covenants and releases provided
      for in this Agreement, and for other good and valuable consideration, the
      receipt and sufficiency of which are hereby acknowledged, FastFunds and the
      Note
      Holders, intending to be legally bound, hereby agree as follows:

     

    1. Securities.
      At a
      date mutually agreed upon by the parties, which shall be on or before the later
      of ten business days following receipt by Equitex of one or more counterpart
      originals of this Agreement signed by all of the Note Holder parties or May
      15,
      2006, Equitex shall issue and deliver to the Note Holders an aggregate of
      180,000 shares of common stock of Equitex, to be divided pro rata with the
      number of shares for each Note Holder being set forth in Exhibit 1 attached
      to
      this Agreement. All shares of Equitex common stock to be issued shall be duly
      authorized, fully paid and non-assessable and free of restrictions of any kind,
      other than restrictions noted by (i) a legend stating that the shares
      represented by the certificates are subject to the terms and conditions of
      that
      certain Stock Sale and Lock Up Agreement dated May 10, 2006, a copy of which
      is
      available from the issuing corporation upon written request, and (ii) a standard
      Securities Act restrictive

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    legend
      (until removal thereof pursuant to a legal opinion of Equitex’s securities
      counsel which will be delivered within one (1) business day of the effective
      date of the Registration Statement). Prior to any securities being delivered,
      each of the Note Holders shall deliver the original Notes to an escrow agent
      mutually acceptable to all of the parties. The Notes shall be returned to
      FastFunds for cancellation following the share of Equitex being issued and
      delivered to the Note Holders. The Note Holders shall also be required to
      execute and deliver a Shareholder Lockup Agreement in the form attached as
      Exhibit 2 prior to delivery of the shares.

     

    2. Price
      Protection.
      Upon
      receipt by each Note Holder of the certificates contemplated by this Agreement,
      and the subsequent release from escrow and sale of the shares by each Note
      Holder, if the dollar amount received by such Note Holder from sales of common
      stock at the conclusion of the dates set forth in the STOCK SALE AND LOCK UP
      AGREEMENT is less than an average sales price of $4.00 per share, Equitex shall
      deliver to each Note Holder, within fifteen (15) business days of receipt of
      notice to such effect, such difference in cash or additional shares of common
      stock (valued
      at a per share conversion rate equal to the median closing price of Equitex
      common stock for the thirty (30) days preceding the date of such
      notice),
      at
      Equitex’s option. The Note Holder shall provide the activity in such account to
      verify sales amounts and prices. During the period of time any of the shares
      are
      in escrow, but prior to their release, EQTX shall have a right to purchase
      some
      or all of the shares of any Note Holder in escrow at a price equal to the
      greater of the average Closing Price of the shares for the previous five(5)
      trading days or $4.00. Upon release of the shares from the Escrow Agent, this
      right shall expire, and the Note Holders may sell such shares in the market
      with
      the full price protection offered by this paragraph 2. The full price protection
      offered by this paragraph 2 shall only apply only to the shares released from
      escrow only if such shares are sold by the Note Holder within thirty (30) days
      of release of the shares from the Escrow Agent. Payment by EQTX for those shares
      purchased by EQTX shall be made within three (3) business days of EQTX’s
      purchasing of said shares.

    

     

    3. Settlement
      and Release.
      In
      consideration of the forgoing securities, each of the Note Holders, and their
      officers, directors, employees, agents, attorneys, stockholders, parent
      corporations, subsidiaries, affiliates (as defined in rules under the Securities
      Act of 1933), representatives,

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    successors
      and assigns, and the heirs, executors, successors and assigns thereof (the
“Note
      Holder Affiliates”) hereby forever completely
      and unconditionally release, acquit and discharge FastFunds and Equitex and
      their officers, directors, employees, agents, attorneys, stock-holders, parent
      corporations, subsidiaries, affiliates (as defined in rules under the Securities
      Act of 1933), representatives, successors and assigns, and the heirs, successors
      and assigns thereof (collectively, the “Company Affiliates”) from any and all
      past, present or future claims, demands, liabilities, actions, causes of action,
      debts, losses, counterclaims, set-offs, liabilities, damages or suits of every
      kind or nature which the Note Holders or the Note Holder Affiliates now have
      or
      may hereafter accrue against FastFunds, Equitex or the Company Affiliates,
      whether known or unknown, asserted or unasserted, absolute or contingent,
      accrued or not accrued, including but not limited to those arising out of,
      based
      upon, or in any way related to the (a) the Notes; (b) any obligations to make
      any payments, or any other monetary of non-monetary obligation or performance
      of
      any sort arising under Notes or any other documents or agreements allegedly
      entered into in connection with the Notes; (c) any alleged duty purportedly
      existing or arising between the parties; (d) any alleged obligation to make
      payment of any interest, late fees or other charges; (e) any alleged negligence,
      lack of due care, gross negligence, or alleged intentional, willful or wanton
      misconduct resulting in any alleged loss; (f) any lost profits, loss of business
      opportunities, lost investment returns, lost investment opportunities or other
      business losses; (g) any alleged conspiracy or purportedly tortious conduct,
      misapplication of proceeds, or alleged act or omission purportedly resulting
      in
      injury; (h) any alleged fraud, concealment, misrepresentation, negligent
      misrepresentation, failure to make disclosure, or allegedly misleading or
      inaccurate statements purported to have been made to by FastFunds or the Company
      Affiliates; (i) alleged infliction of emotional distress, pain, suffering or
      other similar injury; (j) any alleged costs, expenses, fees, charges, attorneys
      fees or expenses, expert witness fees or expenses, or third party costs, fees,
      expenses or charges, purportedly incurred; and (k) any other claims, demands,
      actions, causes of action or suits which the Note Holders or the Note Holder
      Affiliates asserted, attempted to assert or could have asserted against
      FastFunds, Equitex or the Company Affiliates (all of which are hereinafter
      referred to as the "Released Note Holder Claims") up to and including the date
      hereof; provided,
      however,
      that
      the obligations of FastFunds and Equitex to perform this Agreement are
      specifically excluded from the foregoing release.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    4. Settlement
      and Release.
      FastFunds and the Company Affiliates hereby forever completely and
      unconditionally release, acquit and discharge the Note Holders and the Note
      Holder Affiliates from any and all past, present or future claims, demands,
      liabilities, actions, causes of action, debts, losses, counterclaims, set-offs,
      liabilities, damages or suits of every kind or nature which FastFunds or Company
      Affiliates now have or may hereafter accrue against Note Holders or the Note
      Holder Affiliates, whether known or unknown, asserted or unasserted, absolute
      or
      contingent, accrued or not accrued, including but not limited to those arising
      out of, based upon, or in any way related to the (a) the Notes; (b) any
      obligations to make any payments, or any other monetary of non-monetary
      obligation or performance of any sort arising under Notes or any other documents
      or agreements allegedly entered into in connection with the Notes; (c) any
      alleged duty purportedly existing or arising between the parties; (d) any
      alleged obligation to make payment of any interest, late fees or other charges;
      (e) any alleged negligence, lack of due care, gross negligence, or alleged
      intentional, willful or wanton misconduct resulting in any alleged loss; (f)
      any
      lost profits, loss of business opportunities, lost investment returns, lost
      investment opportunities or other business losses; (g) any alleged conspiracy
      or
      purportedly tortious conduct, misapplication of proceeds, or alleged act or
      omission purportedly resulting in injury; (h) any alleged fraud, concealment,
      misrepresentation, negligent misrepresentation, failure to make disclosure,
      or
      allegedly misleading or inaccurate statements purported to have been made to
      by
      Note Holders or the Note Holder Affiliates; (i) alleged infliction of emotional
      distress, pain, suffering or other similar injury; (j) any alleged costs,
      expenses, fees, charges, attorneys fees or expenses, expert witness fees or
      expenses, or third party costs, fees, expenses or charges, purportedly incurred;
      and (k) any other claims, demands, actions, causes of action or suits which
      FastFunds or the Company Affiliates asserted, attempted to assert or could
      have
      asserted against the Note Holders or the Note Holder Affiliates (all of which
      are hereinafter referred to as the "Released Company Claims") up to and
      including the date hereof; provided,
      however,
      that
      the obligations of the Note Holders to perform this Agreement are specifically
      excluded from the foregoing release. The Released Note Holder Claims and the
      Released Company Claims may hereafter be referred to together as the “Released
      Claims.”

     

    5. Confidentiality.
      Except
      as required by law, rule, regulation, subpoena of a court, or order of a court,
      or to

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    enforce
      this Agreement, the parties agree on their own behalf and on behalf of their
      respective attorneys, agents, successors and assigns that neither the Parties
      nor the attorneys, agents, successors or assigns of the parties, will disclose
      to any other person or entity: (1) the contents or substance of this Agreement,
      (2) any of the facts or matters in controversy or dispute in connection with
      the
      Case or the Released Claims, or (3) any communications prior to the date of
      this
      Agreement between the Parties with respect to the Released Claims, or this
      Agreement (the "Confidential Matters"). In the event that any of the parties,
      or
      any attorney, agent, successor or assign of any of the parties receives a
      subpoena or order requesting or requiring that any of the Confidential Matters
      be disclosed, or any of the parties, or any attorney, agent, successor or assign
      of any of the parties, decides to disclose any of the Confidential Matters
      for
      any reason other than required disclosure of publicly traded companies under
      the
      securities laws and regulations, the person or entity receiving the subpoena
      or
      order, or deciding to disclose the Confidential Matters, shall promptly notify
      the parties to this Agreement prior to disclosure, of that subpoena or order,
      or
      intent to disclose the Confidential Matters. A party may, without violating
      this
      paragraph, inform anyone that "All matters and disputes between the parties
      have
      been settled pursuant to agreement," or words of similar meaning and substance.
      A party may disclose this Agreement to that party’s attorneys or accountants,
      provided that the attorneys or accountants agree to keep the matter confidential
      pursuant to the terms of this section as if they were a party to this
      Agreement.

     

    6. Representations
      and Warranties.
      Each
      party to this Agreement represents and warrants to the others that: (a) it
      has
      full power and authority to enter into this Agreement and perform all of its
      obligations under this Agreement, has duly executed and delivered this
      Agreement, and this Agreement is legally binding on it and is enforceable in
      accordance with its terms; (b) the execution, delivery and performance of the
      transactions contemplated herein do not conflict with or violate, or result
      in a
      breach of or constitute a default under, any contract or agreement to which
      it
      is a party or by which it is bound; and (c) no consent or approval from any
      person, firm or entity, or any governmental authority or court, is required
      in
      connection with the execution and delivery of this Agreement or the consummation
      of the transactions contemplated by this Agreement. Each of the parties
      represents and warrants that it has not filed for or been the subject of any
      bankruptcy or insolvency proceeding or receivership since the Released
      Claims

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    arose,
      that it is competent and authorized to enter into and perform this Agreement,
      and will be bound by the terms of this Agreement. Each party to this Agreement
      represents and warrants that the party has relied upon the party’s own judgment
      and the judgment of the party’s own respective legal counsel regarding the every
      aspect of this Agreement, and that no statements or representations (expressed
      or implied) were made by any other party or any other party's agents, employees,
      officers, directors or legal representatives that have influenced or induced
      the
      party to execute this Agreement. Each party has prior to the negotiation,
      drafting and execution of this Agreement obtained for itself of sufficient
      relevant information to intelligently exercise the party’s independent judgment
      regarding this Agreement. Each of the parties assumes the risk of any mistake
      of
      fact or any fact which may be unknown to them relating to this Agreement or
      the
      Released Claims. By executing this Agreement and granting the releases in this
      Agreement, it is the full intent of each of the parties to this Agreement to
      release the opposing parties respectively from unknown or unforeseen losses,
      costs, expenses, liabilities, claims, injuries, damages and consequences thereof
      which may or will result from the Released Claims prior to or after the date
      of
      the execution of this Agreement arising out of facts that occurred prior to
      the
      date of this Agreement, regardless of when the damages were incurred.

     

    7. Warranty
      of Ownership.
      The
      Note Holders represent and warrant that they are the sole lawful owners of
      all
      of the Notes and Released Note Holder Claims free of all liens and interests,
      and that they have not transferred, encumbered or assigned any interest in
      any
      of the Released Claims to any person or entity. The Note Holders agree to
      indemnify and hold FastFunds, Equitex and the Company Affiliates harmless from
      any claims, demands, actions, causes of action or suits brought against
      FastFunds, Equitex or the Company Affiliates by any person or entity claiming
      any interest in any of the Notes or Released Note Holder Claims. 

     

    8. Accord
      and Satisfaction.
      The
      covenants, promises and agreements contained in this Agreement are made pursuant
      to a settlement between the parties to this Agreement, represent a compromise
      of
      disputed claims, and are not an admission of liability by any of the parties
      to
      this Agreement. This Agreement is in full accord and satisfaction of all
      disputed claims between the parties to this Agreement. 

     

    9. Notices.
      All
      notices permitted, provided for, necessary or convenient in connection with
      this
      Agreement shall

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    be
      effective (a) when the confirmation is electronically recorded after being
      sent
      by telecopier to the telecopier numbers for the parties set forth in Exhibit
      1
      attached, or (b) the next business day after being sent for overnight delivery,
      proper charges pre-paid, by a reputable overnight delivery service or U.S.
      Express Mail to the notice address of the parties set forth in Exhibit 1
      attached, or (c) upon the seventh business day after being mailed certified
      or
      registered mail, return receipt requested, proper postage prepaid to the notice
      address of the parties set forth in Exhibit 1 attached (or to any subsequent
      Notice Address for which the other parties have been given notice as provided
      for herein). 

     

    10. Exception
      From Release. Notwithstanding
      any other provision contained in this Agreement to the contrary, the parties
      hereto acknowledge and agree that this Agreement and the provisions contained
      herein do not purport to release or affect any of the rights, interests or
      claims of Paul A. Moore, Anglo Irish BK (Suisse) S.A, Fritz Voelker or Kevin
      F.
      Flynn June 1992 Non-Exempt Trust pursuant to the issuance of certain 9.5%
      Convertible Notes issued by FastFunds to such parties on December 10, 2004;
      December 22, 2004; December 3, 2004 and November 24, 2004
      respectively.

     

    11. General
      Provisions.
      This
      Agreement shall be binding upon and shall inure to the benefit of the parties
      and their respective heirs, successors and assigns. This Agreement may be
      executed in any number of counterparts, all of which will be considered one
      and
      the same agreement. The signatures to this Agreement may be delivered by
      facsimile or other means of electronic transmission (and signatures so delivered
      shall be valid and binding to the same extent as original signature). All of
      the
      parties, with the assistance of their counsel, have participated in the drafting
      and negotiation of this Agreement, and the Agreement shall be construed as
      if it
      were prepared by all of the parties to this Agreement, without regard to who
      originally drafted or proposed any section or term of the Agreement. This
      Agreement reflects the entire understanding between the parties to this
      Agreement, and fully supersedes and replaces any and all alleged or actual
      prior
      agreements or understandings between the parties to this Agreement. No
      statements, promises or inducements by any of the parties or any agent of any
      of
      the parties to this Agreement shall be valid or binding unless they are
      contained in this Agreement. No modification or amendment to this Agreement
      shall be valid or binding unless that modification or amendment is set forth
      in
      a subsequent written document 

     

    
      
        7

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    executed
      by each of the parties to be bound by the amendment or modification. This
      Agreement shall be construed in accordance with the laws of the State of
      Colorado. If any provision of this Agreement or the application of that
      provision to any party or circumstances shall be held invalid, the remainder
      of
      the Agreement, or the application of that provision to the party or
      circumstances other than those to which it is held invalid, shall not be
      affected by that determination. In view of the purposes of this Agreement,
      it is
      agreed that the remedy at law for failure of any party to perform would be
      inadequate and that the injured party or parties, at its or his option, shall
      have the right to compel the specific performance of this Agreement in a court
      of competent jurisdiction, to the extent permitted by applicable law and not
      expressly prohibited by this Agreement. The prevailing party in any proceeding
      shall be entitled to recover its reasonable attorneys’ fees and costs of
      collection to enforce any provision of this Agreement. All of the
      representations and warranties in this Agreement shall survive the execution
      and
      delivery and performance of obligations pursuant to this Agreement.

     

    In
      Witness Whereof,
      the
      parties have executed this Settlement Agreement to be effective as of the date
      first written above.

     

    

      
        	 	
                FASTFUNDS
                  FINANCIAL CORPORATION:

              
	 	 
	 	 
	 	
                By:
                  /S/ MICHAEL S. CASAZZA

                Its: PRESIDENT

              
	 	 
	 	
                EQUITEX,
                  INC.

              
	 	 
	 	 
	 	
                
                  By:
                    /S/ HENRY FONG

                  Its: PRESIDENT

                

              

      

    

     

    
      

         

      

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    
      
        	
                 

              	 NOTEHOLDERS:
	 	 
	
                
                

              	
                MBC
                  GLOBAL, LLC:

              
	 	 
	
                 

              	 
	 	
                By: /s/
                  JON ERIC LANDRY

              
	 	
                Its: COO

              
	 	 
	 	 
	 	
                 

                CORPORATE
                  CAPITAL, INC.:

              
	 	 
	 	 
	 	
                By: /S/
                  MARK SAVAGE

              
	 	
                Its:
                  PRESIDENT

              
	 	 
	 	
                 

                CAROLYN
                  COMPANIES:

              
	 	 
	 	 
	 	
                By: /S/
                  THEODORE H. SWINDELLS

              
	 	
                Its: PRINCIPAL

              
	 	 
	 	
                 

                MOORE
                  INVESTMENTS, INC.:

              
	 	 
	 	 
	 	
                By: /S/
                  PAUL A. MOORE

              
	 	
                Its:
                       

              
	 	 
	 	
                 

                PAUL
                  A. MOORE

              
	 	 
	 	
                 

                /S/
                  PAUL A. MOORE

              
	 	 
	 	
                 

                KATHY
                  MOORE

              
	 	 
	 	
                 

                /S/
                  KATHY MOORE

              

      

       

      
        	 	 
	 	
                 

                KEVIN
                  F. FLYNN JUNE 1992 NON-EXEMPT TRUST:

              
	 	 
	 	 
	 	
                By: /S/
                  KEVIN F. FLYNN

              
	 	
                Its
                  Trustee

              
	 	 

      

    

     

    
      
        9

      

      
        
        

        
          

        

      

      
        
        

      

    

    
  

    
      
        	 	
                EUROPEAN
                  AMERICAN PERINVEST GROUP BERMUDA

              
	 	 
	 	 
	 	
                By: /S/
                  THEODORE H. SWINDELLS

              
	 	
                Its: SHAREHOLDER

              
	 	 
	 	
                FRITZ
                  VOELKER

              
	 	 
	 	 
	 	
                /S/
                  FRITZ VOEKLER

              
	 	 
	 	 
	 	 
	 	
                JON
                  ERIC LANDRY

              
	 	 
	 	 
	 	
                /S/
                  JON ERIC LANDRY

              
	 	 
	 	
                COLIN
                  P. MARKEY

              
	 	 
	 	 
	 	
                /S/
                  COLIN P. MARKEY

              
	 	 
	 	 
	 	
                SHERIE
                  SWIONTEK

              
	 	 
	 	 
	 	
                /S/
                  SHERIE SWIONTEK

              
	 	 
	 	
                MARK
                  SAVAGE

              
	 	 
	 	 
	 	
                /S/
                  MARK SAVAGE

              
	 	 
	 	
                DANEIL
                  RYWECK

              
	 	 
	 	 
	 	
                /S/
                  DANIEL RYWECK

              

      

    

    

    10

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