Document:

Exhibit
      10.3

     

    PROMISSORY
      NOTE

     

    
      
        	
                $10,000

              	
                Dallas,
                  Texas July 1, 2008

              

      

    

     

    
      FOR
        VALUE
        RECEIVED, the undersigned, ACES WIRED, INC., a Nevada corporation, hereby
        promises to pay to the order of KNOWLES CORNWELL ("Lender") the principal
        sum of
        TEN THOUSAND DOLLARS ($10,000), with interest on the unpaid balance thereof
        from
        the date hereof until maturity at the rate equal to the Long-Term Applicable
        Federal Rate then in effect (4.17%), as published by the Internal Revenue
        Service in accordance with section 1274(d) of the Internal Revenue Code,
        both
        principal and interest payable as hereinafter provided in lawful money of
        the
        United States of America.

      

      All
        past
        due principal and/or interest or installments thereof shall bear interest
        at the
        highest rate for which the undersigned may legally contract under applicable
        law
        or, if no such rate is designated under applicable law, at the rate of eighteen
        percent (18%) per annum. The
        principal of this Note shall be payable on December 31,2009. Interest on
        the
        unpaid principal balance of this Note shall be due and payable at
        maturity.

      

      The
        undersigned shall have the right to prepay, without penalty, at any time
        and
        from time to time prior to maturity, all or any part of the unpaid principal
        balance of this Note and/or all or any part of the unpaid interest accrued
        to
        the date of such prepayment, provided that any such principal thus paid is
        accompanied by accrued interest on such principal.

      

      It
        is the
        intent of the payee of this Note and the undersigned in the execution of
        this
        Note to contract in strict compliance with applicable usury law. In furtherance
        thereof. the said payee and the undersigned stipulate and agree that none
        of the
        terms and provisions contained in this
        Note, or in any other instrument executed in connection herewith, shall ever
        be
        construed to create a contract to pay for the use, forbearance or detention
        of
        money, interest at a rate in excess of the maximum interest rate permitted
        to be
        charged by applicable law; that neither the undersigned nor any guarantors,
        endorsers or other parties now or hereafter becoming liable for payment of
        this
        Note shall ever be obligated or required to pay interest on this Note at
        a rate
        in excess of the maximum interest that may be lawfully charged under applicable
        law;
        and
        that the provisions of this paragraph shall control over all other provisions
        of
        this Note and any other instruments now or hereafter executed in connection
        herewith which may be in apparent conflict herewith. If the maturity of this
        Note shall be accelerated for any reason
        or
        if the principal of this Note is paid prior the end of the term of this Note,
        and as a result thereof the interest received for the actual period of existence
        of the loan evidenced by this Note exceeds the applicable maximum lawful
        rate,
        the holder of this Note shall, at its option,
        either refund to the undersigned the amount of such excess or credit the
        amount
        of such excess against the principal balance of this Note then outstanding
        and
        thereby shall render inapplicable any and all penalties of any kind provided
        by
        applicable law as a result of such excess interest. In the event that the
        said
        payee or any other holder of this Note shall contract for, charge or receive
        any
        amount or amounts and/or any other thing of value which are determined to
        constitute interest which would increase the effective interest rate on this
        Note to a rate in excess of that permitted to be charged by applicable law,
        an
        amount equal to interest in excess of the lawful rate shall, upon such
        determination, at the option of the holder of this Note, be either immediately
        returned to the undersigned or credited against the principal balance of
        this
        Note then outstanding, in which event any and all penalties of any kind under
        applicable law as a result of such excess interest shall be inapplicable.
        By
execution
        of this Note the undersigned acknowledges that it believes the loan evidenced
        by
        this Note to be non-usurious and agrees that if, at any time, the undersigned
        should have reason to believe that such loan is in fact usurious, it will
        give
        the holder of this Note notice of such condition and the undersigned agrees
        that
        said holder shall have ninety (90) days in which to make appropriate refund
        or
        other adjustment in order to correct such condition if in fact such exists.
        The
        term "applicable law" as used in this Note shall mean the laws of the State
        of
        Texas or the laws of the United States, which ever laws allow the greater
        rate
        of interest, as such laws now exist or may be changed or amended or come
        into
        effect in the future.

      

      Should
        the indebtedness represented by this Note or any part thereof be collected
        at
        law or in equity or through any bankruptcy, receivership, probate or other
        court
        proceedings or if this Note is placed in the hands of attorneys for collection
        after default, the undersigned and all endorsers,
        guarantors and sureties of this Note jointly and severally agree to pay to
        the
        holder of this Note in addition to the principal and interest due and payable
        hereon all the costs and expenses of said holder in enforcing this Note
        including, without limitation, reasonable attorneys'
        fees and legal expenses.

      

      The
        undersigned and all endorsers, guarantors and sureties of this Note and all
        other persons liable or to become liable on this Note severally waive
        presentment for payment, demand, notice of demand and of dishonor and nonpayment
        of this Note, notice of intention to accelerate the maturity of this Note,
        protest and notice of protest, diligence in collecting, and the bringing
        of suit
        against any other party, and agree to all renewals, extensions, modifications,
        partial payments, releases or substitutions of security, in whole or in part,
        with or without notice, before or after maturity.

      

      No
        delay
        by Lender in exercising any right or remedy with respect to this Note shall
        operate as a waiver thereof, nor shall the exercise of any right or remedy
        with
        respect to this Note waive or preclude the later exercise of such right or
        remedy or any other right or remedy with respect to this Note. All rights
        and
        remedies afforded by law shall be cumulative, and all shall be available
        to
        Lender at all times until this Note has been paid and performed in full Any
        single or partial exercise of any such right or remedy shall not preclude
        any
        other or further exercise thereof or the exercise of any other right or remedy,
        and no waiver whatsoever shall be valid unless it is in a writing signed
        by
        Lender and then only to the extent specifically set forth in such
        writing.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      The
        terms
        and provisions of this Note shall inure to the benefit of any assignee,
        transferee, or holder of this Note, and in the event of such transfer or
        assignment, each of the rights, powers, privileges and benefits conferred
        upon
        Lender by this Note shall automatically be vested in such transferee, assignee,
        or holder.

      

      The
        terms
        and provisions of this Note shall be binding upon Borrower and its successors,
        assigns, and transferees, but any such assignment or transfer shall not relieve
        Borrower of its obligations under this Note. The invalidity or unenforceability
        of any of the provisions of this Note shall not affect the validity or
        enforceability of the remainder hereof.

      

      If
        this
        Note is placed in the hands of an attorney for collection after default,
        or fall
        or any part of the indebtedness represented hereby is proved, established
        or
        collected in any court or in any bankruptcy, receivership, debtor relief,
        probate or other court proceedings, Borrower and all
        endorsers, sureties and guarantors of this Note jointly and severally agree
        to
        pay reasonable attorneys' fees and collection costs to the holder hereof
        in
        addition to the principal and interest payable hereunder.

      

      THIS
        NOTE
        AND THE RIGHTS AND DUTIES OF THE PARTIES HEREUNDER SHALL BE GOVERNED FOR
        ALL
        PURPOSES BY THE LAW OF THE STATE OF TEXAS AND THE LAW OF THE UNITED STATES
        APPLICABLE TO TRANSACTIONS WITHIN SUCH STATE.

       

    

    
      	
              ACES
                WIRED, INC.

            
	 
	
              /s/
                KENNETH R. GRIFFITH

            
	 
	
              Title:
                PresidentExhibit
      10.4

     

    PROMISSORY
      NOTE

     

    
      
        	
                $10,000

              	
                Dallas,
                  Texas August 20, 2008

              

      

    

    
          

      FOR
        VALUE
        RECEIVED, the undersigned, ACES WIRED, INC., a Nevada corporation, hereby
        promises to pay to the order of GORDON GRAVES ("Lender") the principal sum
        of
        TEN THOUSAND DOLLARS ($10,000), with interest on the unpaid balance thereof
        from
        the date hereof until maturity at the rate equal to the Long-Term Applicable
        Federal Rate then in effect (4.17%), as published by the Internal Revenue
        Service in accordance with section 1274(d) of the Internal Revenue Code,
        both
        principal and interest payable as hereinafter provided in lawful money of
        the
        United States of America.

      

      All
        past
        due principal and/or interest or installments thereof shall bear interest
        at the
        highest rate for which the undersigned may legally contract under applicable
        law
        or, if no such rate is designated under applicable law, at the rate of eighteen
        percent (18%) per annum. The
        principal of this Note shall be payable on December 31,2009. Interest on
        the
        unpaid principal balance of this Note shall be due and payable at
        maturity.

      

      The
        undersigned shall have the right to prepay, without penalty, at any time
        and
        from time to time prior to maturity, all or any part of the unpaid principal
        balance of this Note and/or all or any part of the unpaid interest accrued
        to
        the date of such prepayment, provided that any such principal thus paid is
        accompanied by accrued interest on such principal.

      

      It
        is the
        intent of the payee of this Note and the undersigned in the execution of
        this
        Note to contract in strict compliance with applicable usury law. In furtherance
        thereof. the said payee and the undersigned stipulate and agree that none
        of the
        terms and provisions contained in this
        Note, or in any other instrument executed in connection herewith, shall ever
        be
        construed to create a contract to pay for the use, forbearance or detention
        of
        money, interest at a rate in excess of the maximum interest rate permitted
        to be
        charged by applicable law; that neither the undersigned nor any guarantors,
        endorsers or other parties now or hereafter becoming liable for payment of
        this
        Note shall ever be obligated or required to pay interest on this Note at
        a rate
        in excess of the maximum interest that may be lawfully charged under applicable
        law;
        and
        that the provisions of this paragraph shall control over all other provisions
        of
        this Note and any other instruments now or hereafter executed in connection
        herewith which may be in apparent conflict herewith. If the maturity of this
        Note shall be accelerated for any reason
        or
        if the principal of this Note is paid prior the end of the term of this Note,
        and as a result thereof the interest received for the actual period of existence
        of the loan evidenced by this Note exceeds the applicable maximum lawful
        rate,
        the holder of this Note shall, at its option,
        either refund to the undersigned the amount of such excess or credit the
        amount
        of such excess against the principal balance of this Note then outstanding
        and
        thereby shall render inapplicable any and all penalties of any kind provided
        by
        applicable law as a result of such excess interest. In the event that the
        said
        payee or any other holder of this Note shall contract for, charge or receive
        any
        amount or amounts and/or any other thing of value which are determined to
        constitute interest which would increase the effective interest rate on this
        Note to a rate in excess of that permitted to be charged by applicable law,
        an
        amount equal to interest in excess of the lawful rate shall, upon such
        determination, at the option of the holder of this Note, be either immediately
        returned to the undersigned or credited against the principal balance of
        this
        Note then outstanding, in which event any and all penalties of any kind under
        applicable law as a result of such excess interest shall be inapplicable.
        By
execution
        of this Note the undersigned acknowledges that it believes the loan evidenced
        by
        this Note to be non-usurious and agrees that if, at any time, the undersigned
        should have reason to believe that such loan is in fact usurious, it will
        give
        the holder of this Note notice of such condition and the undersigned agrees
        that
        said holder shall have ninety (90) days in which to make appropriate refund
        or
        other adjustment in order to correct such condition if in fact such exists.
        The
        term "applicable law" as used in this Note shall mean the laws of the State
        of
        Texas or the laws of the United States, which ever laws allow the greater
        rate
        of interest, as such laws now exist or may be changed or amended or come
        into
        effect in the future.

      

      Should
        the indebtedness represented by this Note or any part thereof be collected
        at
        law or in equity or through any bankruptcy, receivership, probate or other
        court
        proceedings or if this Note is placed in the hands of attorneys for collection
        after default, the undersigned and all endorsers,
        guarantors and sureties of this Note jointly and severally agree to pay to
        the
        holder of this Note in addition to the principal and interest due and payable
        hereon all the costs and expenses of said holder in enforcing this Note
        including, without limitation, reasonable attorneys'
        fees and legal expenses.

      

      The
        undersigned and all endorsers, guarantors and sureties of this Note and all
        other persons liable or to become liable on this Note severally waive
        presentment for payment, demand, notice of demand and of dishonor and nonpayment
        of this Note, notice of intention to accelerate the maturity of this Note,
        protest and notice of protest, diligence in collecting, and the bringing
        of suit
        against any other party, and agree to all renewals, extensions, modifications,
        partial payments, releases or substitutions of security, in whole or in part,
        with or without notice, before or after maturity.

      

      No
        delay
        by Lender in exercising any right or remedy with respect to this Note shall
        operate as a waiver thereof, nor shall the exercise of any right or remedy
        with
        respect to this Note waive or preclude the later exercise of such right or
        remedy or any other right or remedy with respect to this Note. All rights
        and
        remedies afforded by law shall be cumulative, and all shall be available
        to
        Lender at all times until this Note has been paid and performed in full Any
        single or partial exercise of any such right or remedy shall not preclude
        any
        other or further exercise thereof or the exercise of any other right or remedy,
        and no waiver whatsoever shall be valid unless it is in a writing signed
        by
        Lender and then only to the extent specifically set forth in such
        writing.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      The
        terms
        and provisions of this Note shall inure to the benefit of any assignee,
        transferee, or holder of this Note, and in the event of such transfer or
        assignment, each of the rights, powers, privileges and benefits conferred
        upon
        Lender by this Note shall automatically be vested in such transferee, assignee,
        or holder.

      

      The
        terms
        and provisions of this Note shall be binding upon Borrower and its successors,
        assigns, and transferees, but any such assignment or transfer shall not relieve
        Borrower of its obligations under this Note. The invalidity or unenforceability
        of any of the provisions of this Note shall not affect the validity or
        enforceability of the remainder hereof.

      

      If
        this
        Note is placed in the hands of an attorney for collection after default,
        or fall
        or any part of the indebtedness represented hereby is proved, established
        or
        collected in any court or in any bankruptcy, receivership, debtor relief,
        probate or other court proceedings, Borrower and all
        endorsers, sureties and guarantors of this Note jointly and severally agree
        to
        pay reasonable attorneys' fees and collection costs to the holder hereof
        in
        addition to the principal and interest payable hereunder.

      

      THIS
        NOTE
        AND THE RIGHTS AND DUTIES OF THE PARTIES HEREUNDER SHALL BE GOVERNED FOR
        ALL
        PURPOSES BY THE LAW OF THE STATE OF TEXAS AND THE LAW OF THE UNITED STATES
        APPLICABLE TO TRANSACTIONS WITHIN SUCH STATE.

      

       

    

    
      	
              ACES
                WIRED, INC.

            
	 
	
              /s/
                KENNETH R. GRIFFITH

            
	 
	
              Title:
                President

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