Document:

Radium
      Ventures, Inc.

    

    Promissory
      Note

    due
      on
      Demand

    

    

    

    
      
        	Dated: June 30, 2005	
                $629,250

              

      

    

     

    

    For
      value
      received, Radium Ventures, Inc., a Nevada corporation (the "Maker"),
      hereby promises to pay to the order of Michael Martinez, a California resident
      (the "Holder"),
      in
      accordance with the terms hereinafter provided, the principal amount of Six
      Hundred Twenty Nine Thousand Two Hundred Fifty ($629,250) together with interest
      thereon. 

     

    All
      payments under or pursuant to this Note shall be made in United States Dollars
      in immediately available funds to the Holder. The
      outstanding principal balance of this Note shall be due and payable on demand.
      

     

     

    ARTICLE
      I  

     

    Section
      1.1  Interest.
      The outstanding principal balance of this Note shall bear interest at a rate
      per
      annum equal to Eight percent (8%). Interest shall be computed on the basis
      of a
      365-day year.  

     

     

    ARTICLE
      II  

     

    MISCELLANEOUS

     

    Section
      2.1  Notices.
      Any
      notice, demand, request, waiver or other communication required or permitted
      to
      be given hereunder shall be in writing and shall be effective (a) upon hand
      delivery by telex (with correct answer back received), telecopy or facsimile
      at
      the address or facsimile number designated below (if delivered on a business
      day
      during normal business hours where such notice is to be received), or the first
      business day following such delivery (if delivered other than on a business
      day
      during normal business hours where such notice is to be received) or (b) on
      the
      second business day following the date of mailing by express courier service,
      fully prepaid, addressed to such address, or upon actual receipt of such
      mailing, whichever shall first occur. 

     

    Any
      notice to the Maker shall be sent to:

     

    Interactive
      Television Networks, Inc.

    28202
      Cabot Rd; Ste 300

    Laguna
      Niguel, CA 92677

    Attention:
      Murray Williams

    Facsimile
      Number: (888) 886-1305

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Any
      notice to the Holder shall be sent to:

     

    Michael
      Martinez

    34145
      PCH; Ste 151

    Dana
      Point, CA 92629

    Facsimile
      Number: (949) 388-9622

    

    Section
      2.2  Governing
      Law.
      This
      Note shall be governed by and construed in accordance with the internal laws
      of
      the State of California, without giving effect to any of the conflicts of law
      principles which would result in the application of the substantive law of
      another jurisdiction. 

     

    Section
      2.3  Remedies,
      Characterizations, Other Obligations, Breaches and Injunctive Relief. The
      remedies provided in this Note shall be cumulative. The Maker acknowledges
      that
      a breach by it of its obligations hereunder will cause irreparable and material
      harm to the Holder and that the remedy at law for any such breach may be
      inadequate. Therefore the Maker agrees that, in the event of any such breach
      or
      threatened breach, the Holder shall be entitled, in addition to all other
      available rights and remedies, at law or in equity, to seek and obtain such
      equitable relief, including but not limited to an injunction restraining any
      such breach or threatened breach, without the necessity of showing economic
      loss
      and without any bond or other security being required. 

     

    Section
      2.4  Binding
      Effect. The obligations of the Maker and the Holder set forth herein shall
      be binding upon the successors and assigns of each such party, whether or not
      such successors or assigns are permitted by the terms hereof.

     

    Section
      2.5  Amendments.
      This Note may not be modified or amended in any manner except in writing
      executed by the Maker and the Holder.

     

    Section
      2.6  Consent
      to Jurisdiction. Each of the Maker and the Holder hereby irrevocably submits
      to the exclusive jurisdiction of the United States District Court sitting in
      the
      Central District of California and the courts of the State of California located
      in Orange county for the purposes of any suit, action or proceeding arising
      out
      of or relating to this Note. Each of the Maker and the Holder hereby agree
      that
      the prevailing party in any suit, action or proceeding arising out of or
      relating to this Note shall be entitled to reimbursement for reasonable legal
      fees from the non-prevailing party. EACH PARTY HEREBY WAIVES TRIAL BY
      JURY.

     

    Section
      2.7  Failure
      or Indulgence Not Waiver. No failure or delay on the part of the Holder in
      the exercise of any power, right or privilege hereunder shall operate as a
      waiver thereof, nor shall any single or partial exercise of any such power,
      right or privilege preclude other or further exercise thereof or of any other
      right, power or privilege.

     

    Section
      2.8  Waivers.
      Except as otherwise specifically provided herein, the Maker and all others
      that
      may become liable for all or any part of the obligations evidenced by this
      Note,
      hereby waive presentment, demand, notice of nonpayment, protest and all other
      demands' and notices in connection with the delivery, acceptance, performance
      and enforcement of this Note.

     

    Section
      2.9   Definitions.
      For the
      purposes hereof, the following terms shall have the following
      meanings:

    

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    "Person"
      means
      an individual or a corporation, partnership, trust, incorporated or
      unincorporated association, joint venture, limited liability company, joint
      stock company, government (or an agency or political subdivision thereof) or
      other entity of any kind.

     

    “Business
      Day”
means
      (a) a day in which securities are traded in the over-the-counter market, as
      reported by the OTC Bulletin Board.

    

    IN
      WITNESS WHEREOF, the Company has executed this Promissory Note as of the day
      and
      year first above written.

     

    
      	 	 	 
	 	Radium
              Ventures, Inc.
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Name:
              Charles Prast
Title: CEO
	 	 

    

    

    [Signature
      page to the Convertible Promissory Note in the principal amount of
      $629,250]

     

     

     

    
      
         

      

      
        -3-Radium
      Ventures, Inc.

    

    Promissory
      Note

    due
      on
      Demand

    

    

    

    
      	
              Dated: June 30, 2005

            	
              $427,344

            

    

     

    

    For
      value
      received, Radium Ventures, Inc., a Nevada corporation (the "Maker"),
      hereby promises to pay to the order of David Koenig, a California resident
      (the
      "Holder"),
      in
      accordance with the terms hereinafter provided, the principal amount of Four
      Hundred Twenty Seven Thousand Three Hundred Fourty-four ($427,344) together
      with
      interest thereon. 

    

    All
      payments under or pursuant to this Note shall be made in United States Dollars
      in immediately available funds to the Holder. The
      outstanding principal balance of this Note shall be due and payable on demand.
      

    

    ARTICLE
      I

    

    Section
      1.1 Interest.
      The outstanding principal balance of this Note shall bear interest at a rate
      per
      annum equal to Eight percent (8%). Interest shall be computed on the basis
      of a
      365-day year.  

    

    ARTICLE
      II

    

    MISCELLANEOUS

    

    Section
      2.1 Notices.
      Any notice, demand, request, waiver or other communication required or permitted
      to be given hereunder shall be in writing and shall be effective (a) upon hand
      delivery by telex (with correct answer back received), telecopy or facsimile
      at
      the address or facsimile number designated below (if delivered on a business
      day
      during normal business hours where such notice is to be received), or the first
      business day following such delivery (if delivered other than on a business
      day
      during normal business hours where such notice is to be received) or (b) on
      the
      second business day following the date of mailing by express courier service,
      fully prepaid, addressed to such address, or upon actual receipt of such
      mailing, whichever shall first occur. 

    

    Any
      notice to the Maker shall be sent to:

    

    Interactive
      Television Networks, Inc.

    28202
      Cabot Rd; Ste 300

    Laguna
      Niguel, CA 92677

    Attention:
      Murray Williams

    Facsimile
      Number: (888) 886-1305

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Any
      notice to the Holder shall be sent to:

    

    David
      Koenig

    5451
      New
      Castle Lane

    Calabasas,
      CA 91302

    Facsimile
      Number: (888) 832-4418

    

    Section
      2.2 Governing
      Law. This Note shall be governed by and construed in accordance with the
      internal laws of the State of California, without giving effect to any of the
      conflicts of law principles which would result in the application of the
      substantive law of another jurisdiction. 

    

    Section
      2.3 Remedies,
      Characterizations, Other Obligations, Breaches and Injunctive Relief. The
      remedies provided in this Note shall be cumulative. The Maker acknowledges
      that
      a breach by it of its obligations hereunder will cause irreparable and material
      harm to the Holder and that the remedy at law for any such breach may be
      inadequate. Therefore the Maker agrees that, in the event of any such breach
      or
      threatened breach, the Holder shall be entitled, in addition to all other
      available rights and remedies, at law or in equity, to seek and obtain such
      equitable relief, including but not limited to an injunction restraining any
      such breach or threatened breach, without the necessity of showing economic
      loss
      and without any bond or other security being required. 

    

    Section
      2.4 Binding
      Effect. The obligations of the Maker and the Holder set forth herein shall
      be binding upon the successors and assigns of each such party, whether or not
      such successors or assigns are permitted by the terms hereof.

    

    Section
      2.5 Amendments.
      This Note may not be modified or amended in any manner except in writing
      executed by the Maker and the Holder.

    

    Section
      2.6 Consent
      to Jurisdiction. Each of the Maker and the Holder hereby irrevocably submits
      to the exclusive jurisdiction of the United States District Court sitting in
      the
      Central District of California and the courts of the State of California located
      in Orange county for the purposes of any suit, action or proceeding arising
      out
      of or relating to this Note. Each of the Maker and the Holder hereby agree
      that
      the prevailing party in any suit, action or proceeding arising out of or
      relating to this Note shall be entitled to reimbursement for reasonable legal
      fees from the non-prevailing party. EACH PARTY HEREBY WAIVES TRIAL BY
      JURY.

    

    Section
      2.7 Failure
      or Indulgence Not Waiver. No failure or delay on the part of the Holder in
      the exercise of any power, right or privilege hereunder shall operate as a
      waiver thereof, nor shall any single or partial exercise of any such power,
      right or privilege preclude other or further exercise thereof or of any other
      right, power or privilege.

    

    Section
      2.8 Waivers.
      Except as otherwise specifically provided herein, the Maker and all others
      that
      may become liable for all or any part of the obligations evidenced by this
      Note,
      hereby waive presentment, demand, notice of nonpayment, protest and all other
      demands' and notices in connection with the delivery, acceptance, performance
      and enforcement of this Note.

    

    Section
      2.9 Definitions.
      For the
      purposes hereof, the following terms shall have the following
      meanings:

    

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    "Person"
      means
      an individual or a corporation, partnership, trust, incorporated or
      unincorporated association, joint venture, limited liability company, joint
      stock company, government (or an agency or political subdivision thereof) or
      other entity of any kind.

     

    “Business
      Day”
means
      (a) a day in which securities are traded in the over-the-counter market, as
      reported by the OTC Bulletin Board.

    

    IN
      WITNESS WHEREOF, the Company has executed this Promissory Note as of the day
      and
      year first above written.

    

    
      	 	 	 
	 	Radium
              Ventures, Inc.
	 
 	 
 	 
 
	 	By:  	 
	 	
              
                

              

              Name: Charles Prast

              Title: CEO

            
	 	 

    

     

     

    

    [Signature
      page to the Convertible Promissory Note in the principal amount of
      $427,344]

     

    

    
      
         

      

      
        -3-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]