Document:

EXHIBIT 10.7

                                STOCK AWARD PLAN

<PAGE>
                              2002 STOCK AWARD PLAN

                                       OF

                      STRATEGIC INTERNET INVESTMENTS, INC.

SECTION 1. ESTABLISHMENT AND PURPOSE
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     The Plan was established on July 1, 2002,  effective July 1, 2002, to offer
directors,  officers and selected key  employees,  advisors and  consultants  an
opportunity  to acquire a proprietary  interest in the success of the Company to
receive compensation,  or to increase such interest, by purchasing Shares of the
Company's  common stock.  The Plan provides both for the direct award or sale of
Shares and for the grant of Options to purchase  Shares.  Options  granted under
the Plan may include  Nonstatutory  Options as well as IS0s  intended to qualify
under section 422 of the Code.

     The Plan is  intended  to comply in all  respects  with Rule  16b-3 (or its
successor) under the Exchange Act and shall be construed accordingly.

SECTION 2. DEFINITIONS.
----------------------

(A)  "BOARD OF DIRECTORS"  shall mean the Board of Directors of the Company,  as
     constituted from time to time.

(B)  "CODE" shall mean the Internal Revenue Code of 1986, as amended.

(C)  "COMMITTEE" shall mean a committee of the Board of Directors,  as described
     in Section 3(a).

(D)  "COMPANY"  shall mean  Strategic  Internet  Investments,  Inc.,  a Colorado
     corporation,  including  its wholly owned  subsidiary as they may come into
     existence.

(E)  "EMPLOYEE"  shall mean (i) any individual  who is a common-law  employee of
     the  Company  or of a  Subsidiary,  (ii)  an  Outside  Director,  (iii)  an
     independent   contractor  who  performs  services  for  the  Company  or  a
     Subsidiary  and who is not a member  of the  Board of  Directors  including
     consultants and advisors that provide professional,  technical,  financial,
     accounting,  capital  markets  related  and other  services.  Service as an
     Outside Director or independent  contractor shall be considered  employment
     for all purposes of the Plan, except as provided in Subsections (a) and (b)
     of Section 4,

(F)  "EXCHANGE ACT" shall mean the Securities Exchange Act of 1934, as amended.

(G)  "EXERCISE PRICE" shall mean the amount for which one Share may be purchased
     upon exercise of an Option, as specified by the Committee in the applicable
     Stock Option Agreement.

(H)  "FAIR MARKET VALUE" shall mean the market price of Stock, determined by the
     Committee as follows:

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          (i) If Stock was traded on a stock  exchange on the date in  question,
     then the Fair Market Value shall be equal to the closing price reported for
     such date by the applicable composite-transactions report;

          (ii) If stock was traded  over-the-counter on the date in question and
     was traded on the Nasdaq  system or the Nasdaq  National  Market,  then the
     Fair Market Value shall be equal to the  last-transaction  price quoted for
     such date by the Nasdaq system or the Nasdaq National Market;

          (iii) If Stock was traded over-the-counter on the date in question but
     was not traded on the Nasdaq system or the Nasdaq National Market, then the
     Fair  Market  Value shall be equal to the mean  between  the last  reported
     representative  bid and asked prices  quoted for such date by the principal
     automated inter-dealer quotation system on which Stock is quoted or, if the
     Stock is not quoted on any such system,  by the "Pink Sheets"  published by
     the National Quotation Bureau, Inc.; and

          (iv) If none of the foregoing provisions is applicable,  then the Fair
     Market  Value shall be  determined  by the  Committee in good faith on such
     basis as it deems appropriate.

          In all cases, the  determination of Fair Market Value by the Committee
     shall be conclusive and binding on all persons.

(I)  "ISO" shall mean an employee  incentive  stock option  described in section
     422(b) of the Code.

(J)  "NONSTATUTORY  OPTION" shall mean an employee stock option not described in
     sections 422(b) or 423(b) of the Code.

(K)  "OFFEREE"  shall mean an  individual  to whom the Committee has offered the
     right to acquire  Shares  under the Plan  (other  than upon  exercise of an
     Option).

(L)  "OPTION"  shall mean an ISO or  Nonstatutory  Option granted under the Plan
     and entitling the holder to purchase Shares.

(M)  "OPTIONEE" shall mean an individual who holds an Option.

(N)  "OUTSIDE DIRECTOR" shall mean a member of the Board of Directors who is not
     a common-law employee of the Company or of a Subsidiary.

(O)  COMMITTEE  PROCEDURES.  The Committee shall designate one of its members as
     chairman.  The  Committee  may hold meetings at such times and places as it
     shall determine. The acts of a majority of the Committee members present at
     meetings  at which a quorum  exists,  or acts  reduced  to or  approved  in
     writing by all Committee members, shall be valid acts of the Committee.

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(P)  COMMITTEE  RESPONSIBILITIES.  Subject to the  provisions  of the Plan,  the
     Committee  shall have the  authority  and  discretion to take the following
     actions:

          (i) To interpret the Plan and to apply its provisions;

          (ii) To adopt,  amend or rescind rules,  procedures and forms relating
     to the Plan;

          (iii) To  authorize  any person to execute,  on behalf of the Company,
     any instrument required to carry out the purposes of the Plan;

          (iv) To  determine  when  Shares are to be awarded or offered for sale
     and when Options are to be granted under the Plan,

          (v) To select the Offerees and Optionees;

          (vi) To  determine  the number of Shares to be offered to each Offeree
     or to be made subject to each Option;

          (vii) To prescribe  the terms and  conditions of each award or sale of
     Shares,  including (without  limitation) the Purchase Price, and to specify
     the  provisions of the Stock Purchase  Agreement  relating to such award or
     sale;

          (viii) To prescribe the terms and conditions of each Option, including
     (without  limitation) the Exercise Price, to determine  whether such Option
     is to be classified as an ISO or as a Nonstatutory  Option,  and to specify
     the provisions of the Stock Option Agreement relating to such Option;

          (ix) To amend any outstanding Stock Purchase Agreement or Stock Option
     Agreement, subject to applicable legal restrictions and, to the extent such
     amendments adverse to the Offeree's or Optionee's interest,  to the consent
     of the Offeree or Optionee who entered into such agreement;

          (x) To  prescribe  the  consideration  for the grant of each Option or
     other  right  under  the  Plan and to  determine  the  sufficiency  of such
     consideration; and

          (xi) To take any other actions  deemed  necessary or advisable for the
     administration of the Plan.

          All  decisions,  interpretations  and other  actions of the  Committee
     shall be final and binding on all Offerees, all Optionees,  and all persons
     deriving  their  rights  from an  Offeree  or  Optionee.  No  member of the
     Committee  shall be liable for any  action  that he or she has taken or has
     failed to take in good faith with respect to the Plan,  any Option,  or any
     right to acquire Shares under the Plan.

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SECTION 4. ELIGIBILITY.
----------------------

(A)  GENERAL RULES. Only Employees (including,  without limitation,  independent
     contractors  who are not  members  of the  Board  of  Directors)  shall  be
     eligible for  designation  as Optionees  or Offerees by the  Committee.  In
     addition,  only Employees who are common-law  employees of the Company or a
     Subsidiary  shall be  eligible  for the  grant of IS0s.  Employees  who are
     Outside  Directors shall only be eligible for the grant of the Nonstatutory
     Options described in Subsection (b) below.

(B)  OUTSIDE  DIRECTORS.  Any other provision of the Plan  notwithstanding,  the
     participation  of  Outside  Directors  in the Plan  shall be subject to the
     following restrictions:

          (i)  Outside   Directors  shall  receive  no  grants  other  than  the
     Nonstatutory options described in this Subsection (b).

          (ii) All  Nonstatutory  Options  granted to an Outside  Director under
     this  Subsection (b) shall also become  exercisable in fill in the event of
     the termination of such Outside  Director's service because of death, Total
     and Permanent Disability or voluntary retirement at or after age 65.

          (iii) The Exercise Price under all Nonstatutory  Options granted to an
     Outside Director under this Subsection (b) shall be equal to 100 percent of
     the Fair  Market  Value of a Share on the date of grant,  payable in one of
     the forms described in Subsection (a), (b), (c) or (d) of Section 8.

          (iv)  Nonstatutory  Options granted to an Outside  Director under this
     Subsection (b) shall terminate on the earliest of (A) the 10th  anniversary
     of the date of grant,  (B) the date three months after the  termination  of
     such  Outside  Director's  service for any reason other than death or Total
     and Permanent Disability or (C) the date 12 months after the termination of
     such Outside  Director's  service  because of death or Total and  Permanent
     Disability.

          The Committee may provide that the Nonstatutory Options that otherwise
     would be granted to an Outside  Director  under this  Subsection  (b) shall
     instead be granted to an affiliate of such Outside Director. Such affiliate
     shall then be deemed to be an Outside  Director  for  purposes of the Plan,
     provided  that  the  service-related  vesting  and  termination  provisions
     pertaining to the Nonstatutory  Options shall be applied with regard to the
     service of the Outside Director.

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(C)  ATTRIBUTION  RULES.  For purposes of Subsection  (c) above,  in determining
     stock  ownership,  an  Employee  shall be deemed  to own the  stock  owned,
     directly  or  indirectly,  by or for  such  Employee's  brothers,  sisters,
     spouse,  ancestors  and  lineal  descendants.   Stock  owned,  directly  or
     indirectly, by or for a corporation,  partnership, estate or trust shall be
     deemed to be owned proportionately by or for its stockholders,  partners or
     beneficiaries.  Stock with respect to which such  Employee  holds an option
     shall not be counted.

(D)  OUTSTANDING  STOCK.  For  purposes of  Subsection  (c) above,  "outstanding
     stock" shall include all stock actually issued and outstanding  immediately
     after the grant.  "Outstanding  stock" shall not include shares  authorized
     for issuance under outstanding options held by the Employee or by any other
     person.

SECTION 5. STOCK SUBJECT TO PLAN.
--------------------------------

(A)  BASIC  LIMITATION.  Shares  offered under the Plan shall be authorized  but
     unissued Shares or treasury  Shares.  The aggregate  number of Shares which
     may be issued  under the Plan (upon  exercise of Options or other rights to
     acquire  Shares)  shall not  exceed 15% of Shares  outstanding,  subject to
     adjustment pursuant to Section 9. The number of Shares which are subject to
     Options or other  rights  outstanding  at any time under the Plan shall not
     exceed the number of Shares which then remain  available for issuance under
     the Plan.  The  Company,  during  the term of the Plan,  shall at all times
     reserve and keep available sufficient Shares to satisfy the requirements of
     the Plan.

(B)  ADDITIONAL  SHARES. In the event that any outstanding Option or other right
     for any reason expires or is cancelled or otherwise terminated,  the Shares
     allocable  to the  unexercised  portion of such Option or other right shall
     again be available  for the purposes of the Plan.  In the event that Shares
     issued  under  the  Plan  are  reacquired  by  the  Company  pursuant  to a
     forfeiture  provision,  a right of repurchase or a right of first  refusal.
     such Shares shall again be available for the purposes of the Plan.

SECTION 6. TERMS AND CONDITIONS OF AWARDS OR SALES.
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(A)  AGREEMENT.  Each award or sale of Shares  under the Plan  (other  than upon
     exercise  of an Option)  shall be  evidenced  by an  Agreement  between the
     Offeree  and the  Company.  Such  award  or sale  shall be  subject  to all
     applicable terms and conditions of the Plan and may be subject to any other
     terms and conditions which are not inconsistent with the Plan and which the
     Committee deems  appropriate for inclusion in an Agreement.  The provisions
     of  the  various  Agreements  entered  into  under  the  Plan  need  not be
     identical.

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(B)  DURATION OF OFFERS AND  NONTRANSFERABILITY  OF RIGHTS. Any right to acquire
     Shares under the Plan (other than an Option) shall automatically  expire if
     not  exercised by the Offeree  within 30 days after the grant of such right
     was  communicated to the Offeree by the Committee.  Such right shall not be
     transferable  and shall be  exercisable  only by the  Offeree  to whom such
     right was granted.

(C)  PURCHASE  PRICE.  The Purchase Price of Shares to be offered under the Plan
     shall not be less than 90 percent of the Fair Market  Value of such Shares.
     Subject to the preceding  sentence,  the Purchase Price shall be determined
     by the  Committee  at its sole  discretion.  The  Purchase  Price  shall be
     payable in a form described in Section 8.

(D)  WITHHOLDING  TAXES. As a condition to the award, sale or vesting of Shares,
     the Offeree shall make such  arrangements  as the Committee may require for
     the satisfaction of any federal,  state,  local or foreign  withholding tax
     obligations  that arise in connection  with such Shares.  The Committee may
     permit the  Offeree to  satisfy  all or part of his or her tax  obligations
     related  to such  Shares by having  the  Company  withhold a portion of any
     Shares that otherwise would be issued to him or her or by surrendering  any
     Shares that  previously were acquired by him or her. The Shares withheld or
     surrendered  shall be valued at their  Fair  Market  Value on the date when
     taxes  otherwise  would  be  withheld  in  cash.  The  payment  of taxes by
     assigning  Shares to the Company,  if permitted by the Committee,  shall be
     subject to such  restrictions  as the Committee  may impose,  including any
     restrictions required by rules of the Securities and Exchange Commission.

(E)  RESTRICTIONS  ON TRANSFER OF SHARES.  Any Shares  awarded or sold under the
     Plan shall be  subject to such  special  forfeiture  conditions,  rights of
     repurchase,  rights of first refusal and other transfer restrictions as the
     Committee  may  determine.  Such  restrictions  shall  be set  forth in the
     applicable  Stock  Purchase  Agreement  and shall  apply in addition to any
     general restrictions that may apply to all holders of Shares.

SECTION 7. TERMS AND CONDITIONS OF OPTIONS.
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(A)  STOCK  OPTION  AGREEMENT.  Each grant of an Option  under the Plan shall be
     evidenced by a Stock Option Agreement between the Optionee and the Company.
     Such Option shall be subject to all applicable  terms and conditions of the
     Plan and may be subject  to any other  terms and  conditions  which are not
     inconsistent  with the Plan and which the Committee  deems  appropriate for
     inclusion in a Stock Option Agreement.  The provisions of the various Stock
     Option Agreements entered into under the Plan need not be identical.

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(B)  NUMBER OF SHARES.  Each Stock Option  Agreement shall specify the number of
     Shares that are subject to the Option and shall provide for the  adjustment
     of such number in  accordance  with Section 9. The Stock  Option  Agreement
     shall also specify whether the Option is an ISO or a Nonstatutory Option.

(C)  EXERCISE  PRICE.  Each Stock Option  Agreement  shall  specify the Exercise
     Price.  The Exercise  Price of an ISO shall not be less than 100 percent of
     the Fair Market Value of a Share on the date of grant,  except as otherwise
     provided in Section 4(c). The Exercise Price of a Nonstatutory Option shall
     not be less than 85 percent of the Fair Market Value of a Share on the date
     of grant. Subject to the preceding two sentences,  the Exercise Price under
     any Option shall be determined by the Committee at its sole discretion. The
     Exercise Price shall be payable in a form described in Section 8.

(D)  WITHHOLDING  TAXES.  As a  condition  to the  exercise  of an  Option,  the
     Optionee shall make such  arrangements as the Committee may require for the
     satisfaction  of any  federal,  state,  local or  foreign  withholding  tax
     obligations that arise in connection with such exercise. The Optionee shall
     also  make  such   arrangements  as  the  Committee  may  require  for  the
     satisfaction  of any  federal,  state,  local or  foreign  withholding  tax
     obligations  that may arise in connection  with the  disposition  of Shares
     acquired by exercising an Option.  The Committee may permit the Optionee to
     satisfy all or part of his or her tax obligations  related to the Option by
     having the Company withhold a portion of any Shares that otherwise would be
     issued to him or her or by  surrendering  any Shares that  previously  were
     acquired by him or her.  Such  Shares  shall be valued at their Fair Market
     Value on the date when  taxes  otherwise  would be  withheld  in cash.  The
     payment of taxes by assigning  Shares to the  Company,  if permitted by the
     Committee,  shall be  subject to such  restrictions  as the  Committee  may
     impose,  including any restrictions required by rules of the Securities and
     Exchange Commission.

(E)  EXERCISABILITY AND TERM. Each Stock Option Agreement shall specify the date
     when all or any  installment  of the Option is to become  exercisable.  The
     vesting of any Option  shall be  determined  by the  Committee  at its sole
     discretion.   A  Stock  Option   Agreement  may  provide  for   accelerated
     exercisability  in the event of the Optionee's  death,  Total and Permanent
     Disability or retirement or other events.  The Stock Option Agreement shall
     also  specify  the term of the  Option.  The term shall not exceed 10 years
     from the date of grant,  except as  otherwise  provided  in  Section  4(c).
     Subject to the preceding  sentence,  the  Committee at its sole  discretion
     shall determine when an Option is to expire.

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(F)  NONTRANSFERABILITY.  During  an  Optionee's  lifetime,   such  Optionee's
     Option(s)  shall  be  exercisable  only  by  him or her  and  shall  not be
     transferable,  unless permitted by the Stock Option Agreement. In the event
     of an Optionee's death, such Optionee's Option(s) shall not be transferable
     other than by will, by a beneficiary  designation  executed by the Optionee
     and delivered to the Company, or by the laws of descent and distribution.

(G)  TERMINATION  OF  SERVICE  (EXCEPT  BY  DEATH).  If  an  Optionee's  Service
     terminates  for any  reason  other  than the  Optionee's  death,  then such
     Optionee's  Option(s)  shall  expire  on  the  earliest  of  the  following
     occasions:

          (i) The expiration date determined pursuant to Subsection (e) above;

          (ii) The date 90 days after the termination of the Optionee's  Service
     for any reason other than Total and Permanent Disability; or

          (iii) The date six  months  after the  termination  of the  Optionee's
     Service by reason of Total and Permanent Disability.

          The Optionee  may exercise all or part of his or her  Option(s) at any
     time before the expiration of such Option(s) under the preceding  sentence,
     but only to the extent that such  Option(s) had become  exercisable  before
     the Optionee's  Service terminated or became exercisable as a result of the
     termination.  The balance of such Option(s) shall lapse when the Optionee's
     Service  terminates.  In  the  event  that  the  Optionee  dies  after  the
     termination  of the  Optionee's  Service but before the  expiration  of the
     Optionee's Option(s), all or part of such Option(s) may be exercised (prior
     to expiration) by his or her designated beneficiary (if applicable), by the
     executors or  administrators  of the Optionee's estate or by any person who
     has  acquired  such  Option(s)  directly  from the  Optionee  by bequest or
     inheritance,  but  only  to the  extent  that  such  Option(s)  had  become
     exercisable  before the Optionee's Service terminated or became exercisable
     as a result of the termination.

(H)  LEAVES OF ABSENCE.  For purposes of Subsection (g) above,  Service shall be
     deemed to continue  while the  Optionee is on sick leave or other bona fide
     leave  of  absence  (as  determined  by  the   Committee).   The  foregoing
     notwithstanding,  in the case of an ISO  granted  under the  Plan.  Service
     shall not be deemed to  continue  beyond  the first 90 days of such  leave,
     unless the Optionee's  reemployment  rights are guaranteed by statute or by
     contract.

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(I)  DEATH OF OPTIONEE.  If an Optionee dies while he or she is in Service, then
     such  Optionee's  Option(s)  shall  expire on the earlier of the  following
     dates:

          (i) The expiration date  determined  pursuant to Subsection (e) above;
     or

          (ii) The date six months after the Optionee's death.

          All or part of the  Optionee's  Option(s) may be exercised at any time
     before the expiration of such Option(s) under the preceding sentence by his
     or  her  designated  beneficiary  (if  applicable),  by  the  executors  or
     administrators  of the Optionee's  estate or by any person who has acquired
     such Option(s)  directly from the Optionee by bequest or  inheritance,  but
     only to the extent that such  Option(s) had become  exercisable  before the
     Optionee's death or became exercisable as a result of the Optionee's death.
     The balance of such Option(s) shall lapse when the Optionee dies.

(J)  NO RIGHTS AS A  STOCKHOLDER.  An Optionee,  or a transferee of an Optionee,
     shall have no rights as a stockholder with respect to any Shares covered by
     his or her Option until the date of the issuance of a stock certificate for
     such Shares. No adjustments shall be made, except as provided in Section 9.

(K)  MODIFICATION.  EXTENSION AND RENEWAL OF OPTIONS.  Within the limitations of
     the Plan, the Committee may modify,  extend or renew outstanding Options or
     may accept  the  cancellation  of  outstanding  Options  (to the extent not
     previously exercised) in return for the grant of new Options at the same or
     a different  price.  The foregoing  notwithstanding,  no modification of an
     Option shall,  without the consent of the Optionee,  impair such Optionee's
     rights or increase his or her obligations under such Option.

(L)  RESTRICTIONS  ON TRANSFER OF SHARES.  Any Shares issued upon exercise of an
     Option shall be subject to such special  forfeiture  conditions,  rights of
     repurchase,  rights of first refusal and other transfer restrictions as the
     Committee  may  determine.  Such  restrictions  shall  be set  forth in the
     applicable  Stock  Option  Agreement  and shall  apply in  addition  to any
     general restrictions that may apply to all holders of Shares.

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SECTION 8. PAYMENT FOR SHARES.
-----------------------------

(A)  GENERAL RULE. The entire  Purchase Price or Exercise Price of Shares issued
     under the Plan  shall be payable  in lawful  money of the United  States of
     America at the time when such Shares are purchased, except as follows:

          (i) In the case of Shares  sold  under  the terms of a Stock  Purchase
     Agreement  subject to the Plan,  payment shall be made only pursuant to the
     express provisions of such Stock Purchase Agreement. However, the Committee
     (at its sole  discretion) may specify in the Stock Purchase  Agreement that
     payment  may be made in one or all of the forms  described  in  Subsections
     (e), (f) and (g) below.

          (ii) In the case of an ISO granted  under the Plan,  payment  shall be
     made only pursuant to the express provisions of the applicable Stock Option
     Agreement.  However,  the Committee (at its sole discretion) may specify in
     the Stock Option Agreement that payment may be made pursuant to Subsections
     (b), (c), (d), (1) or (g) below.

          (iii) In the case of a Nonstatutory Option granted under the Plan, the
     Committee  (at  its  sole   discretion)  may  accept  payment  pursuant  to
     Subsections (b), (c), (d), (f) or (g) below.

(B)  SURRENDER OF STOCK.  To the extent that this  Subsection (b) is applicable,
     payment  may be made all or in part with  Shares  which have  already  been
     owned by the Optionee or his or her  representative for more than 12 months
     and which are  surrendered  to the Company in good form for transfer,  Such
     Shares  shall be valued at their Fair Market Value on the date when the new
     Shares are purchased under the Plan.

(C)  EXERCISE/SALE.  TO THE  EXTENT  THAT  THIS  SUBSECTION  (C) is  applicable,
     payment may be made by the delivery (on a form  prescribed  by the Company)
     of an irrevocable  direction to a securities broker approved by the Company
     to sell  Shares and to  deliver  all or part of the sales  proceeds  to the
     Company in payment of all or part of the Exercise Price and any withholding
     taxes.

(D)  EXERCISE/PLEDGE.  To the extent  that this  Subsection  (d) is  applicable,
     payment may be made by the delivery (on a form  prescribed  by the Company)
     of an  irrevocable  direction to pledge  Shares to a  securities  broker or
     lender approved by the Company,  as security for a loan, and to deliver all
     or part of the loan  proceeds  to the  Company in payment of all or part of
     the Exercise Price and any withholding taxes.

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(E)  SERVICES  RENDERED.  To the extent that this  Subsection (e) is applicable,
     Shares may be awarded under the Plan in consideration of services  rendered
     to the Company or a  Subsidiary  prior to the award.  If Shares are awarded
     without the payment of a Purchase Price in cash, the Committee shall make a
     determination  (at the time of the  award)  of the  value  of the  services
     rendered by the Offeree and the  sufficiency of the  consideration  to meet
     the requirements of Section 6(c).

(F)  PROMISSORY  NOTE. To the extent that this  Subsection (f) is applicable,  a
     portion of the  Purchase  Price or Exercise  Price,  as the case may be, of
     Shares  issued under the Plan maybe payable by a  full-recourse  promissory
     note, provided that (i) the par value of such Shares must be paid in lawful
     money of the  United  States of  America  at the time when such  Shares are
     purchased, (ii) the Shares are security for payment of the principal amount
     of the  promissory  note and interest  thereon and (iii) the interest  rate
     payable  under the terms of the  promissory  note shall be no less than the
     minimum  rate (if any)  required  to avoid  the  imputation  of  additional
     interest under the Code.  Subject to the  foregoing,  the Committee (at its
     sole  discretion)  shall  specify  the term,  interest  rate,  amortization
     requirements (if any) and other provisions of such note.

(G)  OTHER  FORMS  OF  PAYMENT.  To  the  extent  that  this  Subsection  (g) is
     applicable,  payment  may  be  made  in  any  other  form  approved  by the
     Committee, consistent with applicable laws, regulations and rules.

SECTION 9. ADJUSTMENT OF SHARES.
-------------------------------

(A)  GENERAL.  In the  event  of a  subdivision  of  the  outstanding  Stock,  a
     declaration  of a dividend  payable in Shares,  a declaration of a dividend
     payable in a form other than Shares in an amount that has a material effect
     on the value of Shares,  a combination or  consolidation of the outstanding
     Stock (by  reclassification or otherwise) into a lesser number of Shares, a
     recapitalization,  a spinoff or a similar  occurrence,  the Committee shall
     make  appropriate  adjustments  in one or more of (i) the  number of Shares
     available   for  future   grants  under  Section  5,  (ii)  the  number  of
     Nonstatutory Options to be granted to Outside Directors under Section 4(b),
     (iii) the number of Shares covered by each  outstanding  Option or (iv) the
     Exercise Price under each outstanding Option.

(B)  REORGANIZATIONS.  In the event  that the  Company is a party to a merger or
     other reorganization, outstanding Options shall be subject to the agreement
     of  merger  or   reorganization.   Such  agreement  may  provide,   without
     limitation,  for the  assumption  of  outstanding  Options by the surviving
     corporation or its parent,  for their  continuation  by the Company (if the
     Company is a surviving corporation), for payment of a cash settlement equal
     to the  difference  between  the amount to be paid for one Share under such
     agreement  and  the  Exercise  Price,  or for  the  acceleration  of  their
     exercisability  followed by the  cancellation of Options not exercised,  in
     all cases without the Optionees' consent.  Any cancellation shall not occur
     until after such acceleration is effective and Optionees have been notified
     of such acceleration. In the case of Options that have been outstanding for
     less than 12 months, a cancellation need not be preceded by acceleration.

                                       11
<PAGE>

(C)  RESERVATION OF RIGHTS. Except as provided in this Section 9, an Optionee or
     Offeree shall have no rights by reason of any subdivision or  consolidation
     of shares of stock of any class,  the payment of any  dividend or any other
     increase  or  decrease  in the number of shares of stock of any class.  Any
     issue  by the  Company  of  shares  of stock of any  class,  or  securities
     convertible  into shares of stock of any class,  shall not  affect,  and no
     adjustment  by reason  thereof shall be made with respect to; the number or
     Exercise  Price of  Shares  subject  to an  Option.  The grant of an Option
     pursuant  to the Plan shall not affect in any way the right or power of the
     Company to make adjustments, reclassifications,  reorganizations or changes
     of its  capital  or  business  structure,  to  merge or  consolidate  or to
     dissolve,  liquidate,  sell or transfer  all or any part of its business or
     assets.

SECTION 10. SECURITIES LAWS.
---------------------------

     Shares  shall not be issued under the Plan unless the issuance and delivery
of such Shares complies with (or is exempt from) all applicable  requirements of
law, including (without  limitation) the Securities Act of 1933, as amended, the
rules  and  regulations  promulgated  thereunder,   state  securities  laws  and
regulations,  and the  regulations  of any stock exchange on which the Company's
securities may then be listed.

SECTION 11. NO RETENTION RIGHTS.
-------------------------------

     Neither the Plan nor any Option  shall be deemed to give any  individual  a
right to  remain  an  employee,  consultant  or  director  of the  Company  or a
Subsidiary.  The Company and its Subsidiaries reserve the right to terminate the
service of any  employee,  consultant  or director at any time,  with or without
cause,  subject to applicable  laws, the Company's  certificate of incorporation
and by-laws and a written employment agreement (if any).

SECTION 12. DURATION AND AMENDMENTS.
-----------------------------------

(A)  TERM OF THE PLAN. The Plan, as set forth herein,  shall become effective as
     of July 1, 2002. The Plan shall terminate  automatically 15 years after its
     initial  adoption  by the Board of  Directors  on July 1, 2017,  and may be
     terminated on any earlier date pursuant to Subsection (b) below.

(B)  RIGHT TO AMEND OR TERMINATE THE PLAN. The Board of Directors  may,  subject
     to applicable law, amend, suspend or terminate the Plan at any time and for
     any reason.  An amendment to the Plan shall  require  stockholder  approval
     only to the extent required by applicable law.

(C)  EFFECT OF AMENDMENT OR TERMINATION. No Shares shall be issued or sold under
     the Plan after the termination  thereof,  except upon exercise of an Option
     granted  prior to such  termination.  The  termination  of the Plan, or any
     amendment  thereto  shall not  affect  any Share  previously  issued or any
     Option previously granted under the Plan.

                                       12
<PAGE>

SECTION 13. EXECUTION.
---------------------

     To record the  adoption  of the Plan by the Board of  Directors  on July 1,
2002, the Company has caused its authorized officer to execute the same.

                   Strategic Internet Investments, Inc.

                   By:/s/Ralph Shearing
                     Ralph Shearing
                     President

                                       13Exhibit 10.5

THIS DEBENTURE, THE SECURITIES INTO WHICH IT IS CONVERTIBLE AND THE COMMON
SHARES OFFERED HEREUNDER (COLLECTIVELY, "THE SECURITIES") HAVE NOT BEEN
REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR THE
SECURITIES COMMISSION OF ANY STATE. THE SECURITIES ARE BEING OFFERED PURSUANT TO
A SAFE HARBOR FROM REGISTRATION UNDER REGULATION D PROMULGATED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"). THE SECURITIES ARE
"RESTRICTED" AND MAY NOT BE OFFERED OR SOLD UNLESS THE SECURITIES ARE
REGISTERED UNDER THE 1933 ACT, PURSUANT TO REGULATION D OR PURSUANT TO AVAILABLE
EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND THE COMPANY
WILL BE PROVIDED WITH AN OPINION OF COUNSEL OR OTHER SUCH INFORMATION AS IT MAY
REASONABLY REQUIRE TO CONFIRM THAT SUCH EXEMPTIONS ARE AVAILABLE.

                  AMENDED DEBENTURE AND COMMON STOCK AGREEMENT
                               PUREZZA GROUP, INC.
                            8% Convertible Debenture
                         850,000 shares of common stock
                                Due May 25, 2004

No. __                                             $600,000.00
                                                   Six Hundred Thousand dollars)

Whereas Purezza Group, Inc. a Florida corporation ("the Company) and Gregory A.
Nagel ("the Holder") entered into a Debenture and Common Stock Agreement on or
about July 30, 2001("July 30, 2001 Debenture Agreement").

Whereas the Company and the Holder by mutual consent hereby release each other
from the July 30, 2001 Debenture Agreement and enter into this Amended Debenture
and Common Stock Agreement.

Whereas the parties agree by mutual consent that the July 30, 2001 Debenture
Agreement is null and void, and this Amended Debenture and Common Stock
Agreement supersedes all prior Debenture and Common Stock Agreements between the
Company and the Holder.

This Debenture is issued and certain common shares are offered by PUREZZA GROUP,
INC., a Florida Company (the "Company"), to Gregory A. Nagel(together with its
permitted successors and assigns, the "Holder") pursuant to exemptions from
registration under the Securities Act of 1933 ("the 1933 Act"), as amended.

                                   ARTICLE I.

Section 1.01 Principle and Interest.  For value  received,  as of August 31,
2001,  the Company hereby  promises to pay to the order of the Holder in lawful
money of the United States of America and in immediately available funds, the
principle sum of SIX HUNDRED THOUSAND DOLLARS (US $600,000), together with
interest on the unpaid principle of this Debenture at the rate of 8 percent (8%)
per year (computed on the basis of a 365-day year and the actual days elapsed)
from the date of this Debenture until paid. At the Holder's option, the entire
principle amount and outstanding interest shall be either: (a) paid to the
Holder on May 25, 2004; or (b) converted in accordance with Section 4.02 herein.

Section 1.02(a) Optional Conversion. The Ho1der is entitled, as his option, to
convert at any time and from time to time after thirty (30) days from the Date
of execution of this agreement Date, until payment in full of this Debenture,
all or any part of the principal amount of the Debenture, plus accrued interest,
into a maximum of 60,000 shares (the "Conversion Shares") of the Company's
common stock, $.001 par value ("Common Stock"), at the conversion price of ten
dollars ($10.00) per share (the "Conversion Price"). It is agreed that the
conversion shares are restricted securities.

No fraction of shares or scrip representing fractions of shares will be issued
on conversion, but the number of shares issuable shall be rounded to the nearest
whole share. To convert this Debenture, the Holder hereof shall deliver written
notice to the Company at its address as set forth herein. The date upon which
the conversion shall be effective (the "Conversion Date") shall be deemed to be
the date set forth in the Conversion Notice, provided that the Company or the
transfer agent delivers the Conversion Shares within three (3) business days
after receipt of a Conversion Notice. If such Conversion Shares are not
delivered within such three (3) business day period, the Conversion Date shall
be the date such shares are actually delivered to the Holder.

Section 1.02(b) Par Value Common Shares. In consideration of the execution of
this agreement and as a part of the investment made hereby, Holder shall receive
850,000 shares of common stock of the Company (the "850,000 shares"). It is
agreed between the parties that no market value exists for the 850,000 shares,
that the shares are illiquid, and that the 850,000 shares shall be valued at the
Company's current par value of .001. It is agreed that these shares are
restricted securities. These shares shall be delivered to Holder upon execution
of this agreement.

Section 1.03 Reservation of Common Stock. The Company shall reserve and keep
available out of its authorized but unissued shares of Common Stock, solely for
the purpose of effecting the conversion of this Debenture to be issued to Holder
pursuant to paragraph 1.02(b) hereof, such number of shares of Common Stock as
shall from time to time be sufficient to effect such conversion, based upon the
Conversion Price. If at any time the Company does not have a sufficient number
of Conversion Shares authorized and available, then the Company shall call and
hold a special meeting of its stockholders within thirty (30) days of that time
for the sole purpose of increasing the number of authorized shares of Common
Stock.

Section 1.04 Registration Rights. The Company is obligated to use its best
efforts to register under the 1933 Act, as amended, 85,000 shares out of the
850,000 shares to be issued to the Holder under this Amended Debenture and
Common Stock Agreement.

Section 1.05 Interest Payments. The interest so payable will be paid annually on
May 25 of each year until the time of maturity or conversion. At the time such
interest is payable, the Company will pay all interest in cash (via wire
transfer or certified funds).

Section 1.06 Paying Agent and Registrar. Initially, the Company will act as
paying agent and registrar. The Company may change any paying agent or registrar
by giving the Holder not less than ten (10) business days written notice of its
election to do so, specifying the name, address, telephone number and facsimile
number of the paying agent or registrar. The Company may act in any such
capacity.

Section 1.07. Redemption. The Company may prepay in whole or in part, the
principal amount of the debenture, plus accrued interest to the date of
repayment, of the outstanding debenture, upon thirty (30) days written notice by
certified mail to the Holder to Holder's address appearing on the Company's
books.

Section 1.08. Subordination. This debenture shall be subordinate to all other
debt of the Company.

                                  ARTICLE II.

Section 2.01 Amendments and Waiver of Default. The Debenture may be amended with
the written consent of the Holder. Without the consent of the Holder, the
Debenture may be amended to cure any ambiguity, defect or inconsistency, to
provide for assumption of the Company obligations to the Holder, or to make any
change that does not adversely affect the rights of the Holder.

                                  ARTICLE III.

Section 3.01 Events of Default. An Event of Default is defined as follows: (a)
failure by the Company to pay amounts due hereunder within ten (10) business
days of the date due; (b) failure by the Company to advise its transfer agent to
issue Common Stock to the Holder within three (3) business days of the Company's
receipt of the attached Notice of Conversion from Holder; (c) failure by the
Company for the (10) business days after notice to it to comply with any of its
other agreements in the Debenture; (d) events of Company's bankruptcy or
insolvency; (e) a breach by the Company of its obligations under Section 1.04 of
this agreement which is not cured by the Company within fifteen (15) business
days after receipt of written notice thereof. Any event of default shall entitle
the Holder accelerated full repayment of all debentures and interest
outstanding. The Holder may not enforce the Debenture except as provided herein.

Section 3 .02 Failure to Issue Unrestricted Common Stock. As indicated in
Article III Section 3.01, a breach by the Company of its obligations under the
Section 1.04 of this agreement shall be deemed an Event of Default, which if not
cured within the time period set forth in this agreement, shall entitle the
Holder accelerated full repayment of all debentures and interest outstanding.
The Company acknowledges that failure to honor a Notice of Conversion shall
cause hardship to the Holder.

                                  ARTICLE IV.

Section 4.01 Rights and Terms of Conversion. The Debenture, in whole or in part,
may be converted at any time after thirty days of issuance, into shares of
Common Stock at a price equal to the Conversion Price as described in Section
1.02 above.

Section 4.02 Re-issuance of Debenture. When the Holder elects to convert a part
of the Debenture, then the Company shall reissue a new Debenture in the same
form as this Debenture to reflect the new principle amount.

Section 4.03 Limitation on Right and Power to Exercise. Any provision in this
Agreement or any other document to the contrary not withstanding, the Holder
shall not have the right or power to convert the Debenture into Common Stock,
either in whole or in part, and any attempt to do so shall be void, if, after
having given effect of such conversion, the Holder shall be or shall be deemed
to be beneficial owner of ten percent (10%) or more of the then outstanding
Common Stock within the meaning or for the purposes of Section 13(d) or 13(g) of
the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or as the
term "beneficial owner" is defined in Rule 13d-3 of the Act.

                                   ARTICLE V.

Section 5.01 Anti-dilution. In the event that the Company shall at any time
subdivide the outstanding shares of Common Stock, or shall issue a stock
dividend on the outstanding Common Stock, the Conversion Price in effect
immediately prior to such subdivision or the issuance of such dividend shall be
proportionately decreased, and in the event that the Company shall at any time
combine the outstanding shares of Common Stock, the Conversion Price in effect
immediately prior to such combination shall be proportionately increased,
effective at the close of business on the date of such subdivision, dividend or
combination as the case may be.

                                   ARTICLE VI.

In connection with the execution of this debenture, the Holder hereby represents
and warrants to the Company that:

Section 6.01 Registration. The Holder understands that the securities offered
hereunder have not been approved or disapproved by the Securities and Exchange
Commission or any State Securities Commission nor has the Securities and
Exchange Commission or any State Securities Commission passed upon the accuracy
of any information provided to the Holder or made any finding or determination
as to the fairness of the offering of the securities by the Company.

6.02 Violation of Agreements. The Holder has the right, power and authority to
affect the purchase of the securities and the purchase by the Holder does not
violate any agreement, understanding or arrangement that the Holder may have
with any other party.

6.03 Accredited Investor. The Holder is an accredited investor, as such term is
defined in Rule 501 (a) promulgated by the Securities and Exchange Commission
(the "Commission") under the 1933 Act. The Holder understands the risk of this
investment, and has such knowledge and experience in financial and business
matters that the Holder is capable of evaluating the merits and risks of an
investment in the Debentures.

6.04 Residency. The Holder is a resident of the State of Texas.

6.05 Liquidity. The Holder realizes that the Securities are a highly speculative
investment involving a high degree of risk and are suitable only for persons of
substantial means who have no need for liquidity with respect to their
investment in the Securities and who can afford a total loss of their entire
investment without hardship.

6.06 Access to Information. The Holder has met and had conversations with
certain of the Company's officers and directors, and has had the opportunity to
ask questions of, and receive answers from, such persons concerning all aspects
of the Company. The Holder fully understands that the debentures, the conversion
shares and the 850,000 shares have not been registered under the Securities Act
of 1933, as amended ("the 1933 Act"), and the Company's offer and sale are being
made in reliance upon exemptions therefrom, and accordingly, to the extent that
the Holder is not supplied with information which would have been contained in a
registration statement filed under the Securities Acts, the undersigned must
rely upon the undersigned's own access to such information. Holder represents
that he has not invested in the securities offered hereby based upon
representations of any party other than the Company, and its officers and
directors.

                                  ARTICLE VII.

Section 7.01 Notice. Notices regarding this Agreement shall be sent to the
parties at the following addresses, unless a party notifies the other parties,
in writing, of a change of address:

         If to the Company:                 ____________________
                                            Attention:____________, President
                                            Telecopier No. (___) ____-________

         With a copy to:                    ___________________
                                            Attention: ________________
                                            Telecopier No. (___) _____-_________

         If to Holder:                      ____________________
                                            Attention: _________________
                                            Telecopier No. (__) ___-_______

Section 7.02  Governing  Law. This  Agreement  shall be deemed to be made under
and shall be construed in  accordance  with the laws of the State of  Florida
without giving effect to the principals of conflict of laws thereof.

Section 7.03  Severability.  The invalidity of any of the provisions of this
Agreement shall not invalidate or otherwise  affect any of the other provisions
of this Agreement, which shall remain in full force and effect.

Section 7.04 Entire Agreement and Amendments. This Agreement as of the date
hereof by and between the Company and the Holder represents the entire agreement
between the parties hereto with respect to the subject matter hereof and there
are no representations, warranties or commitments, except as set forth herein.
This Agreement may be amended only by an instrument in writing executed by the
parties hereto.

Section 7.05 Counterparts. This Agreement may be executed in multiple
counterparts, each of which shall be an original, but all of which shall be
deemed to constitute one instrument.

Section 7.06 Headings. The headings in this Agreement are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.

Section 7.07 Release of Shareholders, Officers, Directors and Agents. This
Agreement is the obligation of the Company only, and no recourse shall be had
for the payment of any principal or interest hereon against any Shareholder,
officer, director, employee or agent of the Company either directly or
indirectly through the Company, by virtue of any statute for the enforcement of
any assessment or otherwise. The Holder, by the acceptance hereof, and as part
as the consideration for this agreement, releases all claims and waive all
liabilities against the foregoing persons in connection with this agreement.

Section 7.08 Arbitration. The Parties acknowledge and agree that any controversy
or claim arising out of or relating to this investment, shall be settled by
arbitration in accordance with the Rules of the American Arbitration
Association, and judgment upon the award rendered by the arbitrators may be
entered in any court having jurisdiction thereof.

                                             COMPANY:

                                             By: /s/ Larry Legel, Director
                                                --------------------------
                                                     Larry Legel, Director

                                             By: /s/ Leonard Perle, President
                                                --------------------------
                                                     Leonard Perle, President

Acknowledged and Agreed to:

HOLDER

By: /s/ Gregory A. Nagel
   ------------------------
        Gregory A. Nagel

Date:   February 25, 2002

CONVERSION NOTICE

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