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                                                                     EXHIBIT 4.2

                  PURCHASE AND SALE OF CAPITAL STOCK AGREEMENT

      This Purchase and Sale of Capital Stock Agreement (the "Agreement") is
made and entered into as of July 15, 2004, effective July 1, 2004 by and among
Consumer Direct of America, a Nevada corporation ("CDA") and the individuals
listed on the signature page of this Agreement (individually, a "Seller" and
collectively, the "Ocean West Stockholders").

                                    RECITALS

      A.    The Board of Directors of CDA believes it is in the best interest of
CDA and its stockholders to acquire all of the capital stock (the "Shares") of
Ocean West Holding Corporation, a Delaware corporation ("OWHC") owned by Ocean
West Stockholders that are a party to this Agreement;

      B.    The Ocean West Stockholders believe that it is in their best
interest to sell the Shares owned by the Ocean West Stockholders to CDA.

      C.    CDA has agreed to purchase and Seller has agreed to sell the number
of shares set forth opposite each Seller's name listed on the signature page of
this Agreement.

      D.    CDA and the Ocean West Stockholders desire to make certain
            representations, warranties, covenants and agreements in connection
            with the purchase and sale of the Shares by CDA.

      E.    CDA and Ocean West has mutually agreed to structure on offer within
            one year form the date of this agreement to convert the preferred
            stock and notes as listed in Schedule E.l. to commons stock of CDA
            and or to purchase the stock or note

                                    AGREEMENT

      NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained herein and in reliance upon the representations and warranties
hereinafter set forth, the parties agree as follows:

                                    ARTICLE 1
                               PURCHASE OF SHARES

      1.    Purchase and Sale of Shares. Subject to the terms and conditions of
this Agreement, at the Closing (as defined in Paragraph 2 below) Seller agrees
to sell, assign, transfer and deliver to CDA the number of Shares set forth
opposite the name of each Seller for the purchase price set forth opposite the
name of Seller on the signature page hereto, and CDA agrees to purchase the
number of Shares set forth opposite the name of each on the signature page
Seller hereto for such purchase price.

                                    ARTICLE 2
                                     CLOSING

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            2.1   Time and Place. The closing of the purchase and sale of the
Shares shall take place with the execution and delivery of this Agreement at the
offices of Consumer Direct of America, 6330 South Sandhill Road, Suite 8, Las
Vegas, Nevada 89120 (the "Closing").

            2.2   Deliveries by the Seller. At the Closing, each Seller shall
deliver to CDA a OWHC stock certificate issued in the name of CDA for the total
number of Shares that Seller has agreed to sell and transfer to CDA pursuant to
this Agreement. In addition, at the Closing, Seller shall deliver to CDA the
following:

                  (a)   a written opinion of counsel to OWHC and the Seller,
dated the date of Closing, as to the matters described on Exhibit A attached
hereto;

                  (b)   Exhibit B attached hereto; a certificate of good
standing of OWHC from the Secretary of State of Delaware; and

                  (c)   copies of all corporate, business and financial books
and records and such other documents as CDA may reasonably request.

            2.3   Deliveries by CDA. At the Closing, CDA shall deliver to Seller
a CDA Stock Certificate issued in the name of Seller for the total number of
Shares that Seller has agreed to sell and transfer to CDA, pursuant to this
Agreement (the "CDA Shares").

                                    ARTICLE 3
           REPRESENTATIONS AND WARRANTIES BY THE SELLER REGARDING THE
                                     SHARES

            The Seller represents and warrants to CDA as follows:

            3.1   Title. Seller owns the Shares and is transferring to CDA good
and valid title to the number of Shares set forth opposite each Seller's name on
the signature page of this Agreement, free and clear of all Liens, claims,
security interests, options, charges, and encumbrances whatsoever. None of the
Shares are subject to any voting trust or agreement No Person holds or has the
right to receive any proxy or similar instrument with respect to the Shares.
There is no applicable federal, state or local Law, rule, regulation or decree
which would, as a result of the purchase of the Shares by CDA, impair, restrict
or delay voting rights with respect to the Shares.

            3.2   Valid and Binding Agreement. Seller has full power and
authority to execute this Agreement and consummate the transactions contemplated
hereby, and this Agreement is binding on Seller and enforceable in accordance
with its terms. The execution and delivery of this Agreement and consummation of
the transactions contemplated hereby do not violate or conflict with or
constitute a default under any contract, commitment, agreement, understanding,
arrangement or restriction of any kind to which Seller is a party or by which
Seller or Seller's property is bound, or to Seller's knowledge, any existing
instrumentality or court, domestic or foreign, having jurisdiction over Seller
or any of Seller's property.

            3.3   Restrictions on Transfer of Shares. Each Seller understands
the Shares will be "restricted securities" under the federal securities Laws,
and under such Laws and

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applicable regulations such Shares may be resold without registration under the
Securities Act of 1933 (the "Act") only in limited circumstances; each Seller
understands the resale limitations imposed by the Act and is familiar with Rule
144 of Regulation D of the Act and the conditions that must be met in order for
Rule 144 to be available for resale of "restricted securities," including the
requirement that the securities must be held for at least one year after
purchase and the condition that current information about CDA is publicly
available; and each Seller understands that the stock certificates representing
the Shares will bear a legend restricting transfer of the Shares.

            3.4   Investment Representations of Sellers. Each Seller represents
to CDA that it is an experienced investor and is acquiring the CDA Shares for
investment and not with a view to, or for resale in connection with, any
distribution thereof. Accordingly, each Seller will not sell, assign or transfer
the CDA Shares unless they are either registered under the Act or an exemption
from such registration is available. Further, each Seller represents that it has
made its own independent investigation of CDA and is not relying upon any
representations of share worth, potential profitability or similar
representations of CDA. Each Seller further represents that it has been afforded
an opportunity to review all information, books and records, including
accounting and financial records, of CDA, as well as the opportunity to ask
questions of CDA's management, and is making an informed independent investment
decision. Finally, each Seller is an "accredited investor" (as such term is
defined in Rule 501 (a) of the Act) and is purchasing the Shares in the capacity
of an accredited investor.

                                    ARTICLE 4
          REPRESENTATIONS AND WARRANTIES BY THE SELLERS REGARDING OWHC.

            4.1 Organization.

                  4.1 (a) OWHC is a corporation duly organized, validly
existing, and in good standing under the Laws of the State of Delaware; has the
corporate power and authority to carry on its business as presently conducted;
and is qualified to do business as a foreign corporation and is in good standing
under the Laws of each state in which either the ownership or use of the
properties owned or used by it, or the nature of the activities conducted by it,
requires such qualification, except where the failure to be so qualified would
not have a material adverse effect on the business or financial condition of
OWHC.

                  4.1(b) The copies of the Articles of Incorporation, and all
amendments thereto, of OWHC, as certified by the Secretary of State of Delaware,
and the bylaws of OWHC and all amendments thereto, as certified by the Secretary
of OWHC, which have heretofore been delivered to CDA for examination, are
complete and correct copies of the Articles of Incorporation and bylaws of OWHC
as amended and in effect on the date hereof. Except as set forth in Schedule
4.1(b), all minutes of meetings and actions in writing without a meeting of the
Board of Directors and stockholders of OWHC are contained in the minute book of
OWHC heretofore delivered to CDA for examination, and no minutes or actions in
writing without a meeting have been included in such minute book since such
delivery to CDA that have not also been delivered to CDA. The minute book of
OWHC contains complete and accurate records of all meetings and other corporate
actions of its Board of Directors and stockholders.

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            4.2   Capitalization.

                  4.2(a) The authorized capital stock of OWHC consists of
30,000,000 shares of Common Stock, $.01 par value, of which 5,586,104 shares are
issued and outstanding; 5,000,000 shares of Class B Common Stock, $.01 par
value, of which 210,096 shares are issued and outstanding; 600,000 shares of
Class D Common Stock, $.01 par value, of which none are issued and outstanding;
10,000,000 shares of preferred stock, $.01 par value, of which 1,000 shares of
Series C are issued and outstanding, 680 shares of Series E are issued and
outstanding, 1,050 shares of Series F are issued and outstanding, 2,000 shares
of Series G are issued and outstanding, 125 shares of Series I are issued and
outstanding, 1,000 shares of Series L are issued and outstanding, and 5,000
shares of Series M are issued and -0- are outstanding. All of the issued and
outstanding capital shares of OWHC are duly authorized, validly issued, fully
paid and non-assessable, are not subject to preemptive rights created by
statute, OWHC's charter documents or bylaws or any agreement to which OWHC is a
party or by which it is bound, and were offered and sold in compliance with
applicable state and federal securities Laws.

                  4.2(b) Except as set forth in Schedule 4.2(b), there are no
outstanding options, warrants, subscriptions, calls, rights, demands,
commitments, convertible securities or other agreements that have not been
disclosed or arrangements of any character or nature whatsoever to which OWHC is
a party or by which it is bound obligating OWHC to issue, deliver or sell, or
cause to be issued, sold or delivered, additional shares of capital stock of
OWHC or obligating OWHC to grant, extend or enter into any such option, warrant,
subscription, call, right, demand, commitment, convertible security or other
agreement. No debt securities of OWHC are issued and outstanding.

            4.3   Equity Investments. OWHC does not own any capital stock or
have any interest in any corporation, partnership, or other form of business
entity.

            4.4   Books and Records; Organizational Documents. Except as set
forth in the Schedules to this Agreement, the minute books and stock record
books and other similar records of OWHC have been provided or made available to
CDA or its counsel prior to the execution of this Agreement and, are complete
and correct in all material respects and have been maintained in accordance with
sound business practices. Such minute books contain a true and complete record
of all actions taken at all meetings and by all written consents in lieu of
meetings of the directors, stockholders and committees of the Board of Directors
of OWHC from the date of OWHC's incorporation through the date hereof. OWHC has
prior to the execution of this Agreement delivered to CDA true and complete
copies of its articles of incorporation and bylaws, both as amended through the
date hereof. OWHC is not in violation of any provisions of its articles of
incorporation or bylaws.

            4.5   Financial Statements. OWHC has delivered to CDA OWHC's Annual
Report on Form 10-KSB for the fiscal year ended September 30, 2003 ("Form
10-KSB") and its Quarterly Reports on Form 10-QSB for the quarters ended
December 31, 2003 and March 31, 2004 (collectively, "Form 10-QSB"). Each of the
Form 10-KSB and Form 10-QSB presents fairly and accurately the information
contained therein and does not contain an untrue statement of a material fact or
omit to state a material fact required to be stated therein or necessary to make
the statements therein not misleading; each statement of income and statement of
retained

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earnings contained in the Form 10-KSB and the Form 1Q-QSB presents fairly and
accurately the results of operations of OWHC for the period indicated; and each
statement of changes in financial position in the form 10-KSB and the Form
10-QSB presents fairly and accurately the information purported to be shown
therein. The financial statements contained in the Form 10-KSB and Form 10-QSB
(including the notes thereto) (collectively, the "OWHC Financials") have been
prepared in accordance with GAAP consistently applied throughout the periods
indicated, in compliance with all applicable rules and regulations promulgated
by the SEC, are correct and complete and are in accordance with the Books and
Records.

            4.6   Reports. OWHC has filed all forms, reports and documents with
the SEC required to be filed by it pursuant to the federal securities Laws and
SEC rules and regulations thereunder, and all such forms, reports and documents,
as amended, filed with the SEC have complied in all material respects with all
applicable requirements of the federal securities Laws and the SEC rules and
regulations promulgated thereunder.

            4.7   Absence of Certain Changes or Events. Except as set forth in
this Agreement or in the Reports (as defined below), since March 31,2004 OWHC
has not (i) amended its articles of incorporation or bylaws; (ii) declared or
made, or agreed to declare or make, any payment of dividends or distributions of
any assets of any kind whatsoever to its stockholders or purchased or redeemed,
or agreed to purchase or redeem, any of its capital stock; (iii) waived any
rights; (iv) made any change in its method of management, operation or
accounting; or (v) entered into any other transaction or agreement.

            4.8   No Undisclosed Liabilities. To the best knowledge of the Ocean
West Stockholders, OWHC has no liabilities or obligations of any nature (whether
known or unknown, asserted or unasserted, absolute or contingent, accrued or
unaccrued, liquidated or unliquidated, due or to become due), including, without
limitation, any liability for Taxes or any obligations or liabilities of the
nature or type required to be disclosed under GAAP, other than such liabilities
or obligations that have been specifically disclosed in character and amount in
the Reports.

            4.9   Taxes.

                  (a)   All Tax Returns required to have been filed by or with
respect to OWHC or any affiliated, consolidated, combined, unitary or similar
group of which OWHC is or was a member (a "Relevant Group") have been duly and
timely filed (including any extensions), and each such Tax Return correctly and
completely reflects Tax liability and all other information required to be
reported thereon. All Taxes due and payable by OWHC or any member of a Relevant
Group, whether or not shown on any Tax Return, or claimed to be due by any
Taxing Authority, for periods (or portions of periods) covered by the OWHC
Financials, have been paid or accrued on the balance sheet included in the OWHC
Financials.

                  (b)   OWHC has delivered to CDA correct and complete copies of
all federal and state income Tax Returns, examination reports and statements of
deficiencies assessed against or agreed to by OWHC. None of such Tax Returns are
under audit.

                  (c)   OWHC has not waived any statute of limitations in
respect of any Taxes or agreed to any extension of time with respect to any Tax
assessment or deficiency.

                  (d)   OWHC is not a party to any Tax allocation or sharing
agreement.

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                  (e)   OWHC and each member of any Relevant Group has withheld
and paid all Taxes required to have been withheld and paid in connection with
amounts paid or owing to any employee, creditor or independent contractor.

                  (f)   OWHC has not received any demand for payment or notice
of assessment of, and does not have knowledge of any action by any Taxing
Authority in connection with assessing, additional Taxes against or in respect
of it or any Relevant Group for any past period. There is no dispute or claim
concerning any Tax Liability of OWHC either (i) threatened, claimed, raised or
assessed by any Taxing Authority and (ii) no basis exists for any such claim or
dispute.

                  (g)   OWHC has not received any written ruling related to
Taxes or entered into any agreement with a Taxing Authority relating to Taxes.

                  (h)   OWHC has no liability for any Tax of any Person other
than OWHC (i) under Section 1,1502-6 of the Treasury regulations (or any similar
provision of state, local or foreign Law), (ii) as a transferee or successor,
(iii) by contract or (iv) otherwise.

                  (i)   OWHC (i) has neither agreed to make nor is required to
make any adjustment under Section 481 of the Internal Revenue Code by reason of
a change in accounting method and (ii) is not a "consenting corporation" within
the meaning of Section 341(f)(l) of the Internal Revenue Code.

                  (j)   OWHC is not involved in, subject to, or a party to any
joint venture, partnership, contract, agreement or other arrangement that is
treated as a partnership for federal, state, local or foreign income Tax
purposes.

                  (k)   OWHC has not made any payment, is not obligated to make
any payment, and is not a party to any contract, agreement or arrangement
covering any current or former employee or consultant of OWHC that could require
it to make or give rise to any payment that is not deductible as a result of
Section 280G of the Internal Revenue Code or the Treasury regulations thereunder
or would result in an excise Tax to the recipient of any such payment under
Section 4999 of the Internal Revenue Code.

                  (l)   Each material election with respect to income Taxes
affecting OWHC or any other member of the Relevant Group as set forth.

                  (M)   OWHC has not constituted either a "distributing
corporation" or a "controlled corporation" (within the meaning of Section
355(a)(l)(A) of the Internal Revenue Code) in a distribution of stock qualifying
for Tax-free treatment under Section 355 of the Internal Revenue Code (A) in the
two (2) years prior to the date of this Agreement or (B) in a distribution which
could otherwise constitute part of a "plan" or "series of related transactions"
(within the meaning of Section 355(e) of the Internal Revenue Code) in
conjunction with the transactions contemplated by this Agreement.

            4.10  Litigation and Proceedings. Other than as set forth in the
Reports, there are no undisclosed claims, Actions or Proceedings pending or, to
OWHC's knowledge,

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threatened against, relating to or affecting OWHC or any of its Assets and
Properties. There are no facts or circumstances known to OWHC that could
reasonably be expected to give rise to any claims. Action or Proceeding against,
relating to or affecting OWHC or any of its Assets and Properties. There is no
judgment, writ, injunction, decree, award or similar Order of any court,
arbitrator or governmental agency or instrumentality (in each such case, whether
preliminary or final) outstanding against OWHC. Prior to the execution of this
Agreement, OWHC has delivered to CDA all responses of counsel for OWHC to
auditor's requests for information for the preceding three years (together with
any updates provided by such counsel) regarding Actions or Proceedings pending
or threatened against, relating to or affecting OWHC. All Actions or Proceedings
relating to or affecting, or, to the knowledge of OWHC, threatened against OWHC
or any of its Assets and Properties during the three-year period prior to the
date hereof.

            4.11  Compliance with Applicable Law. Since its incorporation, OWHC
has complied with all applicable Laws, regulations, Orders and other
requirements of all governmental entities having jurisdiction over it and its
assets, properties and operations, except in any case where the failure to
comply would not have a material adverse effect on the business, assets or
financial condition of OWHC. OWHC has not received any notice of any material
violation of any such Law, regulation, Order or other legal requirement, and is
not in material default with respect to any Order, writ, judgment, award,
injunction or decree of any governmental entity, applicable to OWHC or any of
its assets, properties or operations.

            4.12  Contracts. Except for this Agreement and such other agreements
as are set forth in the Reports, there are no contracts, agreements, franchises,
license agreements or other commitments to which OWHC is a party or by which it
or any of its assets, products or properties are bound, including, without
limitation, any oral or written (i) contract for the employment of any officer,
employee, independent contractor or consultant; (ii) profit sharing, bonus,
deferred compensation, stock option, severance pay, pension benefit or
retirement plan, agreement or arrangement; (iii) agreement, contract or
indenture relating to the borrowing of money; (iv) guaranty of any obligation
for the borrowing of money or otherwise; or (vii) agreement with any present or
former officer, stockholder or partner of OWHC.

            4.13  Contract Defaults. OWHC is not in default under the terms of
any outstanding contract, agreement, lease or other commitment and there is no
event of default under any such contract, agreement, lease or other commitment
in respect of which OWHC has not taken adequate steps to prevent such a default
from occurring.

            4.14  Employees: Employee Benefits. OWHC has paid in full to all of
its former employees, independent contractors and consultants all wages,
salaries, commissions, bonuses, benefits and other compensation due and payable
to such employees, independent contracts or consultants. There is no employee
benefit plan which is sponsored, maintained or contributed to by OWHC or to
which OWHC has an obligation to contribute, or otherwise affecting or involving
OWHC or any of the former employees or independent contractors of or consultants
to OWHC. OWHC is not a party to or bound by any employment, consulting, or
retainer agreement, or any profit sharing, deferred compensation, bonus,
savings, stock option, stock purchase, or incentive plan or agreement.

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            4.15  Assumptions or Guaranties of Indebtedness of Others. OWHC has
not assumed, guaranteed, endorsed or otherwise become directly or contingently
liable on (including, without limitation, liability by way of agreement,
contingent or otherwise, to purchase, to provide funds for payment, to supply
funds to or otherwise invest in the debtor or otherwise to assure the creditor
against loss) any debts, obligations or liabilities of any Person.

            4.16  No Conflicts. The execution and delivery by OWHC of this
Agreement does not, and will not:

                  (a)   conflict with or result in a violation or breach of any
of the terms, conditions or provisions of the articles of incorporation or
bylaws of OWHC;

                  (b)   subject to obtaining the consents, Approvals and
actions, making the filings and giving the notices disclosed, if any, conflict
with or result in a violation or breach of any Law applicable to OWHC or any of
its Assets and Properties; or

                  (c)   except as disclosed, (i) conflict with or result in a
violation or breach of, (ii) constitute a default (or an event that, with or
without notice or lapse of time or both, would constitute a default) under,
(iii) require OWHC to obtain any consent, Approval or action of, make any filing
with or give any notice to any Person other than such consents Approvals,
Orders, authorizations, registrations, declarations and filings as may be
required under applicable state or federal securities Laws, (iv) result in or
give to any Person any right of termination, cancellation, acceleration or
modification in or with respect to, (v) result in or give to any Person any
additional rights or entitlement to increased, additional, accelerated or
guaranteed payments or performance under, (vi) result in the creation or
imposition of (or the obligation to create or impose) any Lien upon OWHC or any
of its Assets and Properties under or (vii) result in the loss of any material
benefit under, any of the terms, conditions or provisions of any indenture,
mortgage, deed of trust or other contract, agreement or instrument to which OWHC
is a party or by which any of its Assets and Properties is bound.

            4.17  Stockholder List. A complete and accurate list of the
stockholders of record of OWHC as of a date not more than two days prior to the
date of Closing, which stockholder list accurately reflects the number of
outstanding shares of OWHC's stock and the number of such shares which bear a
restrictive legend or are subject to stop transfer orders or other restrictions
on transfer, has been delivered to CDA.

            4.18  Registration Rights. No Person has demand or other rights to
cause OWHC to file any registration statement under the Act relating to any
securities of OWHC or any right to participate in any such registration
statement.

            4.19  Compliance With Securities Laws.

                  (a) All reports required to be filed by OWHC with the SEC
(collectively, the "Reports") have been properly filed and comply in all
material respects with the requirements of the Securities Exchange Act of 1934
and the rules and regulations promulgated thereunder with respect to such
Reports. None of the filed Reports contain any untrue statement of a material
fact, or fail to state any material fact required to be stated therein or
necessary to make the statements made therein not misleading.

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                  (b) No formal or informal investigation or examination by the
SEC or by the securities administrator of any state is pending or threatened
against Seller or, to the knowledge of Seller, is pending or threatened against
OWHC.

                  (c) Neither the Seller nor OWHC have been convicted of any
felony or misdemeanor in connection with the purchase and sale of any security
or involving the making of any false filing with the SEC.

                  (d) Neither the Seller nor OWHC are subject to any Order,
judgment or decree of any court of competent jurisdiction, temporarily or
preliminarily restraining or enjoining, or subject to any Order, judgment or
decree of any court of competent jurisdiction, permanently restraining or
enjoining, such person from engaging in or continuing any conduct or practice in
connection with the purchase or sale of any security or involving the making of
any false filing with the SEC.

            4.20  Investment Company. OWHC is not required to be registered as
an investment company under the Investment Company Act of 1940, as amended, and
neither OWHC nor its officers or directors are required to be registered as
investment advisors under the Investment Advisor Act of 1940, as amended.

            4.21  Brokers. Neither OWHC, nor any Person acting on its behalf has
paid or become obligated to pay, any fee or commission to any broker, finder or
intermediary for or on account of the transactions contemplated by this
Agreement.

            4.22  Disclosure. No representation or warranty made by OWHC
contained in this Agreement or other writing furnished to CDA pursuant to any
provision of this Agreement (including the OWHC Financials and the notes
thereto) contains any untrue statement of a material feet or omits to state a
material fact necessary in order to make the statements herein or therein, in
the light of the circumstances under which they were made, not misleading. OWHC
has provided CDA with true, correct and complete copies of all indentures,
mortgages, deeds of trust and other contracts, agreements or instruments to
which OWHC is a party or by which any of its Assets and Properties is bound and
other materials heretofore requested by or on behalf of CDA in writing, and all
other material information concerning OWHC in the possession, custody or control
of OWHC.

                                    ARTICLE 5
                       REPRESENTATIONS, WARRANTIES OF CDA

            5.1   Organization. CDA is a corporation duly organized, validly
existing, and in good standing under the Laws of the State of Nevada. CDA has
the power and is duly authorized, qualified, franchised and licensed under all
applicable Laws to own all of its properties and assets and to carry on its
business in all material respects as it is now being conducted, including
qualification to do business as a foreign corporation in any states in which the
character and location of the assets owned by it or the nature of the business
transacted by it requires qualification. The execution and delivery of this
Agreement do not, and the consummation of the transactions contemplated by this
Agreement in accordance with the terms hereof will not, violate any provision of
CDA's articles of incorporation or bylaws. CDA has

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taken all action required by Law, its amended and restated articles of
incorporation, bylaws, or otherwise to authorize the execution and delivery of
this Agreement. CDA has full power, authority and legal right and has taken all
action required by Law, its amended and restated articles of incorporation and
bylaws, and otherwise to consummate the transactions herein contemplated.

            5.2   Capitalization. As of the date hereof, the entire authorized
capitalization of CDA consists of (a) 100,000,000 shares of Common Stock, par
value $.001 (the "CDA Common Stock"), of which 3,088,529 shares of CDA Common
Stock are currently issued and outstanding, and (b) 5,000,000 shares of
Preferred Stock, $.001 par value (the "CDA Preferred Stock"), of which zero
shares are outstanding. All of the issued and outstanding shares of CDA Common
Stock and CDA Preferred Stock are validly issued, fully paid and non-assessable.
There are no outstanding options, warrants, subscriptions, calls, rights,
demands, commitments, convertible securities or other agreements that have not
been disclosed or arrangements of any character or nature whatsoever to which
CDA is a party or by which it is bound obligating CDA to issue, deliver or sell,
or cause to be issued, sold or delivered, additional shares of capital stock of
CDA or obligating CDA to grant, extend or enter into any such option, warrant,
subscription, call, right, demand, commitment, convertible security or other
agreement. No debt securities of CDA are issued and outstanding. Except as set
forth in Schedule 5.2.

            5.3   No Conflict With Other Instruments. The execution of this
Agreement and the consummation of the transactions contemplated by this
Agreement will not result in the breach of any term or provision of, or
constitute an event of default under, any material indenture, mortgage, deed of
trust or other material contract, agreement or instrument to which CDA is a
party or to which any of its properties or operations are subject.

            5.4   Approval of Agreement. The Board of Directors of CDA has
authorized the execution and delivery of this Agreement and has approved the
transactions contemplated hereby. CDA has delivered to OWHC a copy of the
resolutions of the Board of Directors approving this transaction.

            5.5   Brokers. Neither CDA, nor any Person acting on its behalf has
paid or become obligated to pay, any fee or commission to any broker, finder or
intermediary for or on account of the transactions contemplated by this
Agreement.

            5.6   Investment Representations of CDA. CDA represents to the Ocean
West Stockholders that it is an experienced investor and is acquiring the Shares
for investment and not with a view to, or for resale in connection with, any
distribution thereof. Accordingly, CDA will not sell, assign or transfer the
Shares unless they are either registered under the Act or an exemption from such
registration is available. Further, CDA represents that it has made its own
independent investigation of OWHC and is not relying upon any representations of
share worth, potential profitability or similar representations of the Ocean
West Stockholders. CDA further represents that it has been afforded an
opportunity to review all information, books and records, including accounting
and financial records, of OWHC, as well as the opportunity to ask questions of
OWHC's management, and is making an informed independent investment decision.
Finally, CDA is an "accredited investor" (as such term is defined in Rule 501
(a) of the Act) and is purchasing the Shares in the capacity of an accredited
investor.

                                       10
<PAGE>

                                    ARTICLE 6
                              ADDITIONAL AGREEMENTS

            6.1   Fees and Expenses. Each Seller and CDA shall be responsible
for all of their respective fees and expenses incurred in connection with the
negotiation, execution, delivery and performance of this Agreement and the
transactions contemplated hereby, including, without limitation, the
professional fees of counsel for each of the parties incurred in connection with
this Agreement.

            6.2   Required Filings. OWHC and CDA shall timely file with the SEC
any forms, statements, reports and documents required to be filed by each of
them pursuant to the federal securities Laws and SEC rules and regulations
thereunder as a result of this Agreement or any of the transactions contemplated
hereby, and shall use each of their best efforts to cause all such forms,
statements, reports and documents to be declared or become effective as soon as
practicable thereafter.

                                    ARTICLE 7
                                 INDEMNIFICATION

            7.1   Survival of Representations and Warranties. All
representations, warranties and agreements contained herein shall survive the
execution and delivery of this Agreement and the Closing of the transactions
contemplated hereby.

            7.2   Indemnification. The Ocean West Stockholders agree to
indemnify, defend, reimburse and hold harmless CDA and its successors and
assigns, and the officers, directors, employees and agents of any of them, from
and against any and all claims, losses, damages, liabilities, obligations,
assessments, demands and actions, including interest, penalties and reasonable
attorneys' fees and expenses (collectively "Losses") asserted against, resulting
to, imposed upon or suffered or incurred by CDA, directly or indirectly, arising
out of or in connection with (i) any breach by the Ocean West Stockholders of
this Agreement, (ii) any inaccuracy in or breach of any of the representations,
warranties or agreements made by the Ocean West Stockholders in this Agreement,
(iii) any claim or claims made against OWHC arising out of any debts,
obligations and liabilities of OWHC or asserted debts, obligations and
liabilities incurred prior to the date of Closing, other than those set forth
herein or in the Reports, (iv) any claim or claims made against OWHC by any
Person who was a stockholder of OWHC on or prior to the date of Closing arising
out of or related to any business or activity engaged in or any action taken by
OWHC prior to the date of Closing, including, without limitation, the offer,
sale and issuance of any shares of the OWHC's common stock prior to the date of
Closing, (v) any claim or claims made against OWHC by any Person who was an
officer, director or employee of, or a consultant to, OWHC on or prior to the
date of Closing arising out of or related to any contract, agreement,
arrangement, understanding or commitment between OWHC and any such officer,
director, employee or consultant prior to the date of Closing, and (vi) any
claim by any Person for a finder's fee or brokerage or other commission or
similar payment based upon any agreement or understanding with OWHC or the Ocean
West Stockholders (or any Person acting on their behalf) in connection with this
Agreement or any of the transactions contemplated hereby.

                                       11
<PAGE>

            7.3   Indemnification Procedure.

                  (a)   Whenever any claim shall arise for indemnification
hereunder (a "Claim"), the party entitled to indemnification (the "Indemnitee")
shall promptly give written notice to the party obligated to provide indemnity
(the "Indemnitee") with respect to the Claim after the receipt by the Indemnitee
of reliable information of the facts constituting the basis for the Claim; but
the failure to timely give such notice shall not relieve the Indemnitor from any
obligation under this Agreement, except to the extent, if any, that the
Indemnitor is materially prejudiced thereby.

                  (b)   Upon receipt of written notice from the Indemnitee of a
Claim, the Indemnitor shall provide counsel (such counsel subject to the
reasonable approval of the Indemnitee) to defend the Indemnitee against the
matter from which the Claim arose, at the Indemnitor's sole cost, risk and
expense. The Indemnitee shall cooperate in all reasonable respects at the
Indemnitor's sole cost, risk and expense, with the Indemnitor in the
investigation, trial, defense and any appeal arising from the matter from which
the Claim arose; provided, however, that the Indemnitee may (but shall not be
obligated to) participate in any such investigation, trial, defense and any
appeal arising in connection with the Claim. If the Indemnitee's participation
in any such investigation, trial, defense and any appeal arising from such Claim
relates to a legal position or defense that varies materially from the legal
positions or defenses pursued by the Indemnitor, and if the Indemnitee
reasonably believes that the Indemnitee's interests will be adversely and
materially affected if such legal position or defense is not pursued, the
Indemnitor shall bear the expense of the Indemnitee's separate participation,
including all fees, costs and expenses of one separate counsel for the
Indemnitee (or multiple Indemnitees). If the Indemnitee elects to so
participate, the Indemnitor shall cooperate with the Indemnitee, and the
Indemnitor shall deliver to the Indemnitee or its counsel copies of all
pleadings and other information within the Indemnitor's knowledge or possession
reasonably requested by the Indemnitee or its counsel that is relevant to the
defense of such Claim and that will not prejudice the Indemnitor's position,
claims or defenses. The Indemnitee and its counsel shall maintain
confidentiality with respect to all such information consistent with the conduct
of a defense hereunder. The Indemnitor shall have the right to elect to settle
any claim for monetary damages without the Indemnitee's consent only if the
settlement includes a complete release of the Indemnitee. If the settlement does
not include such a release, it will be subject to the consent of the Indemnitee,
which will not be unreasonably withheld. The Indemnitor may not admit any
liability of the Indemnitee or waive any of the Indemnitee's rights without the
Indemnitee's prior written consent, which will not be unreasonably withheld. If
the subject of any Claim results in a judgment or settlement, the Indemnitor
shall promptly pay such judgment or settlement.

                  (c)   If the Indemnitor fails to assume the defense of the
subject of any Claim in accordance with the terms of Section 7.3(b), if the
Indemnitor fails diligently to prosecute such defense, or if the Indemnitor has,
in the Indemnitee's good faith judgment, a conflict of interest, the Indemnitee
may defend against the subject of the Claim, at the Indemnitor's sole cost, risk
and expense, in such manner and on such terms as the Indemnitee deems
appropriate, including, without limitation, settling the subject of the Claim
after giving reasonable notice to the Indemnitor. If the Indemnitee defends the
subject of a Claim in accordance with this Section, the Indemnitor shall
cooperate with the Indemnitee and its counsel, at the Indemnitor's sole cost,
risk and expense, in all reasonable respects, and shall deliver to the

                                       12
<PAGE>

Indemnitee or its counsel copies of all pleadings and other information within
the Indemnitor's knowledge or possession reasonably requested by the Indemnitee
or its counsel that are relevant to the defense of the subject of any such Claim
and that will not prejudice the Indemnitor's position, claims or defense. The
Indemnitee shall maintain confidentiality with respect to all such information
consistent with the conduct of a defense hereunder.

                  (d)   The obligation of the Indemnitor to indemnify the
Indemnitee against Losses arising under this Agreement shall be in addition to
any other obligations the Indemnitor might otherwise have and any other rights
the Indemnitee might otherwise have.

            7.4   Payment. All payments owing under this Section 7 will be made
promptly as indemnifiable Losses are incurred.

            7.5   Effect of Investigation. Any claim for indemnification shall
not be invalid as a result of any investigation by or opportunity to investigate
afforded to CDA.

                                    ARTICLE 8
                             RESOLUTION OF DISPUTES

            Any controversy, dispute or claim arising out of or relating to this
Agreement, or involving the parties hereto, shall be resolved by binding
arbitration before a retired judge at Judicial Arbitration and Mediation
Services (JAMS) in Santa Monica, California. The prevailing party shall be
awarded its attorney's fees, costs and expenses.

            In connection with the defense of any third party claims for which
claims for indemnification have been made hereunder, each party will provide
reasonable access to its books and records as and to the extent required for the
proper defense of such third party claim. Neither party shall consent to any
settlement or purport to bind any other party to any settlement without the
written consent of the other party.

                                    ARTICLE 9
                                  MISCELLANEOUS

            9.1   Notices. Any notice, demand, request, offer, consent, Approval
or communications (collectively, a "Notice") to be provided under this Agreement
shall be in writing and sent by one of the following methods: (i) postage
prepaid, United States certified or registered mail with a return receipt
requested, addressed to CDA, the Ocean West Stockholders and OWHC, as
appropriate, at the addresses set forth below; (ii) overnight delivery with a
nationally recognized and reputable air courier (with electronic tracking
requested) addressed to CDA, the Ocean West Stockholders and OWHC, as
appropriate, at the addresses set forth below; (iii) personal delivery to CDA,
the Ocean West Stockholders and OWHC, as appropriate, at the addresses set forth
below; or (iv) by confirmed facsimile or telecopier transmission to CDA, the
Ocean West Stockholders or OWHC, as appropriate, at the facsimile numbers set
forth below and in such case of facsimile transmission, a copy must also be
contemporaneously sent by one of the methods described in the preceding clause
(i), (ii) or (iii) of this Section (it being understood and agreed, however,
that such Notice shall be deemed received upon receipt of

                                       13
<PAGE>

electronic transmission). Any such Notice shall be deemed given upon receipt
thereof, or, in case of any Notice sent pursuant to clause (i), (ii) or (iii)
above, the refusal thereof by the intended receipt. Notwithstanding the
foregoing, in the event any Notice is sent by overnight delivery or personal
delivery and it is received (or delivery is attempted) during non-business hours
(i.e., other than during 8:30 a.m. to 5:30 p.m. PST, Monday through Friday,
excluding holidays), then such Notice shall not be deemed to have been received
until the next Business Day. Either party may designate a different address for
receiving Notices hereunder by notice to the other party in accordance with the
provisions of this Section. Further notwithstanding the foregoing, if any Notice
is sent by either party hereto to the other and such Notice has not been sent in
compliance with this Section 11.01 but has in fact actually been received by the
other party, then such Notice shall be deemed to have been duly given by the
sending party and received by the recipient party effective as of such date of
actual receipt.

      If to CDA:                    Consumer Direct of America
                                    6330 Sandhill, Suite 8
                                    Las Vegas, Nevada 89107
                                    Attn: Joseph Cosio-Barron
                                    Telephone: (702)851-5607
                                    Facsimile: (702)851-5646

      With a copy to:               Day & Campbell, LLP
                                    2030 Main Street, Suite 1600
                                    Irvine, California 91614
                                    Attn: Rowland W. Day II
                                    Telephone: (949) 553-1500
                                    Facsimile: (949)553-1544

      If to OWHC or the
 Ocean West Stockholders:      Ocean West Holding Corporation
                                    15991 Red Hill Avenue, Suite 110
                                    Tustin, California 92780
                                    Attn: Marshall L. Stewart/Daryl S. Meddings
                                    Telephone: (714) 247-4200
                                    Facsimile: (714)____________

      With a copy to:               Oswald & Yap
                                    16148 Sand Canyon Avenue
                                    Irvine, California 92618
                                    Attn: Lynne Bolduc, Esq.
                                    Telephone: (949) 788-8900
                                    Facsimile; (949) 788-8980

      Notwithstanding anything in this Section 9.1 to the contrary, any Notice
delivered in accordance herewith to the last designated address of any Person or
party to which a Notice may be or is required to be delivered pursuant to this
Agreement shall not be deemed ineffective if actual delivery cannot be made due
to a change of address of the Person or party to which the Notice is directed or
the failure or refusal of such Person or party to accept delivery of the Notice.

                                       14
<PAGE>

            9.2   No Third-Party Beneficiaries. This Agreement is not intended
to confer upon any Person, other than the parties hereto, any rights or remedies
hereunder.

            9.3   Further Assurances. From time to time, at the other party's
request and without further consideration, each of the parties will execute and
deliver to the others such documents and take such action as the other party may
reasonably request in order to consummate more effectively the transactions
contemplated hereby.

            9.4   Expenses. Except as otherwise provided herein, the parties
shall pay their own fees and expenses, including their own counsel fees,
incurred in connection with this the negotiation and execution of this Agreement
and the consummation of the transactions contemplated hereby.

            9.5   Amendment; Waiver. This Agreement may not be modified,
amended, supplemented, canceled or discharged, except by written instrument
executed by CDA, OWHC and Ocean West Stockholders. No failure to exercise, and
no delay in exercising, any right, power or privilege under this Agreement shall
operate as a waiver, nor shall any single or partial exercise of any right,
power or privilege hereunder preclude the exercise of any other right, power or
privilege. No waiver of any breach of any provision shall be deemed to be a
waiver of any preceding or succeeding breach of the same or any other provision,
nor shall any waiver be implied from any course of dealing between the parties.
No extension of time for performance of any obligations or other acts hereunder
or under any other agreement shall be deemed to be an extension of the time for
performance of any other obligations or any other acts. The rights and remedies
of the parties under this Agreement are in addition to all other rights and
remedies, at Law or equity, that they may have against each other except as may
be specifically limited herein.

            9.6.  Rules of Interpretation. Except as otherwise expressly
provided in this Agreement, the following rules shall apply hereto: (i) the
singular includes the plural and plural includes the singular; (ii) "or" is not
exclusive and "include" and "including" are not limiting; (iii) a reference to
any agreement or other contract includes any permitted supplements and
amendments; (iv) a reference in this Agreement to a section or exhibit is a
reference to a section or exhibit within or attached to this Agreement unless
otherwise expressly provided; (v) a reference to a section or paragraph in this
Agreement shall, unless the context clearly indicates to the contrary, refer to
all sub-parts or sub-components of any said section or paragraph; (vi) words
such as "hereunder," "hereto," "hereof," and "herein," and other words of like
import shall, unless the context clearly indicates to the contrary, refer to the
whole of this Agreement and not to any particular clause hereof; (vii) the
headings of the articles or sections and the ordering or position thereof are
for convenience only and shall not in any way be deemed to affect the meaning of
this Agreement; (viii) a reference in this Agreement to a "Person" or "party"
(whether in the singular or the plural) shall (unless otherwise indicated
herein) include both natural Persons and unnatural Persons (including, but not
limited to, corporations, partnerships, limited liability companies or
partnerships, trusts, etc.); and (ix) all accounting terms not otherwise defined
herein shall have the meanings assigned to them in accordance with GAAP.

            9.7   Construction. The parties agree and acknowledge that they have
jointly participated in the negotiation and drafting of this Agreement and that
this Agreement has been

                                       15
<PAGE>

fully reviewed and negotiated by the parties and their respective counsel. In
the event of an ambiguity or question of intent or interpretation arises, this
Agreement shall be construed as if drafted jointly by the parties and no
presumptions or burdens of proof shall arise favoring any party by virtue of the
authorship of any of the provisions of this Agreement. Any reference to any
federal, state, local, or foreign statute or Law shall be deemed also to refer
to all rules and regulations promulgated thereunder, unless the context requires
otherwise. If any party has breached any representation, warranty, or covenant
contained herein in any respect, the fact that there exists another
representation, warranty, or covenant relating to the same subject matter
(regardless of the relative levels of specificity) which the party has not
breached shall not detract from or mitigate the fact that the party is in breach
of the first representation, warranty, or covenant. The mere listing (or
inclusion of copy) of a document or other item shall not be deemed adequate to
disclose an exception to a representation or warranty made herein (unless the
representation or warranty relates solely to the existence of the document or
other items itself).

            9.8   Governing Law. This Agreement is made in and shall be governed
by the Laws of the State of Nevada, and the sole and exclusive venue for any
action relating to or arising out of this Agreement shall be, The parties
hereto expressly waive any claim or defense therein that such courts constitute
an inconvenient forum. In no event shall any party be liable for any indirect,
special, exemplary, punitive or consequential damages arising out of or relating
to this Agreement.

            9.9   Severability. If any clause or provision of this Agreement is
illegal, invalid or unenforceable under applicable present or future Laws
effective during the term of this Agreement, the remainder of this Agreement
shall not be affected. In lieu of each clause or provision of this Agreement
that is illegal, invalid or unenforceable, there shall be added as a part of
this Agreement a clause or provision as nearly identical as may be possible and
as may be legal, valid and enforceable. In the event any clause or provision of
this Agreement is illegal, invalid or unenforceable as aforesaid and the effect
of such illegality, invalidity or unenforceability is that either party no
longer has the substantial benefit of its bargain under this Agreement and a
clause or provision as nearly identical as may be possible cannot be added,
then, in such event, such party may in its discretion cancel and terminate this
Agreement provided such party exercises such right within a reasonable time
after such occurrence.

            9.10  Arm's Length Negotiations. Each party herein expressly
represents and warrants to all other parties hereto that (a) before executing
this Agreement, said party has fully informed itself of the terms, contents,
conditions and effects of this Agreement; (b) said party has relied solely and
completely upon its own judgment in executing this Agreement; (c) said party has
had the opportunity to seek and has obtained the advice of counsel before
executing this Agreement; (d) said party has acted voluntarily and of its own
free will in executing this Agreement; (e) said party is not acting under
duress, whether economic or physical, in executing this Agreement; and (f) this
Agreement is the result of arm's length negotiations conducted by and among the
parties and their respective counsel.

            9.11  Public Disclosure. The parties agree that any press release or
releases to be issued prior to the Closing Date with respect to the announcement
of the transactions contemplated by this Agreement shall be mutually agreed upon
by CDA and OWHC prior to the issuance thereof, and agree not to issue any such
press release or make any related public statement prior to the Closing Date
relating to the announcement of the transactions

                                       16
<PAGE>

contemplated by this Agreement without the mutual agreement of CDA and OWHC,
except as may be required by applicable Law, court process or by obligations
pursuant to any listing agreement with any securities exchange.

            9.12  Binding Effect: Assignment. The rights and obligations of this
Agreement shall bind and inure to the benefit of the parties and their
respective successors and assigns. Nothing expressed or implied herein shall be
construed to give any other Person any legal or equitable rights hereunder. The
rights and obligations of this Agreement may not be assigned without the prior
written consent of the other party, which may be granted or withheld in such
parties' sole and absolute discretion.

            9.13  Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be an original but all of which together shall
constitute one and the same instrument. A telecopy signature of any party shall
be considered to have the same binding legal effect as an original signature.

            9.14  Entire Agreement. This Agreement, including the exhibits and
schedules attached hereto, and other documents delivered at the Closing pursuant
hereto, contains the entire understanding of the parties in respect of its
subject matter and supersedes all prior agreements and understandings (oral or
written) between or among the parties with respect to such subject matter. The
parties agree that prior drafts of this Agreement shall not be deemed to provide
any evidence as to the meaning of any provision hereof or the intent of the
parties with respect thereto. This Agreement is not intended to confer upon any
Person, other than the parties hereto, any rights or remedies hereunder.

                                   ARTICLE 10
                                   DEFINITIONS

            As used in this Agreement, the following defined terms shall have
the meanings indicated below:

                  "Actions or Proceedings" means any action, suit, complaint,
petition, investigation, proceeding, arbitration, litigation or Governmental or
Regulatory Authority investigation, audit or other proceeding, whether civil or
criminal, in Law or in equity, or before any arbitrator or Governmental
Regulatory Authority.

                  "Agreement" means this Agreement, including (unless the
context otherwise requires) the exhibits and instruments delivered in connection
herewith, or incorporated by reference, as the same may be amended or
supplemented from time to time in accordance with the terms hereof.

                  "Approval" means any approval, authorization, consent, permit,
qualification or registration, or any waiver of any of the foregoing, required
to be obtained from or made with, or any notice, statement or other
communication required to be filed with or delivered to, any Governmental or
Regulatory Authority or any other Person.

                                       17
<PAGE>

                  "Assets and Properties" of any Person means all assets and
properties of every kind, nature, character and description (whether real,
personal or mixed, whether tangible or intangible, whether absolute, accrued,
contingent fixed or otherwise and wherever situated), including the goodwill
related thereto, operated, owned, licensed or leased by such Person, including
cash, cash equivalents, Investment Assets, accounts and notes receivable,
chattel paper, documents, instruments, general intangibles, real estate,
equipment, inventory, goods and intellectual property.

                  "Books and Records" means all files, documents, instruments,
papers, books and records relating to the business or condition of OWHC,
including financial statements, internal reports, Tax Returns and related work
papers and letters from accountants, budgets, pricing guidelines, ledgers,
journals, deeds, title policies, minute books, stock certificates and books,
stock transfer ledgers, contracts, agreements, instruments, customer lists,
computer files and programs (including data processing files and records),
retrieval programs, operating data and plans and environmental studies and
plans.

                  "Business Day" means a day other than Saturday, Sunday or any
day on which banks located in the State of Nevada are authorized or obligated to
close.

                  "GAAP" means generally accepted accounting principles in the
United States, as in effect from time to time.

                  "Governmental or Regulatory Authority" means any court,
tribunal, arbitrator, authority, agency, bureau, board, commission, department,
official or other instrumentality of the United States, any foreign country or
any domestic or foreign state, county, city or other political subdivision, and
shall include, without limitation, any stock exchange, quotation service, the
National Association of Securities Dealers, Inc., and any patent, trademark or
copyright authority.

                  "Indebtedness" of any Person means all obligations of such
Person (a) for borrowed money, (b) evidenced by notes, bonds, debentures or
similar instruments, (c) for the deferred purchase price of goods or services
(other than trade payables or accruals incurred in the ordinary course of
business), (d) under capital leases and (e) in the nature of guarantees of the
obligations described in clauses (a) through (d) above of any other Person.

                  "Internal Revenue Code" means the Internal Revenue Code of
1986, as amended, and the rules and regulations promulgated thereunder.

                  "Investment Assets" means all debentures, notes and other
evidences of Indebtedness, stocks, securities (including rights to purchase and
securities convertible into or exchangeable for other securities), interests in
joint ventures and general and limited partnerships, mortgage loans and other
investment or portfolio assets owned of record or beneficially by OWHC.

                  "Law" or "Laws" means any law, statute, Order, decree, consent
decree, judgment, rule, regulation, ordinance or other pronouncement having the
effect of law whether in

                                       18
<PAGE>

the United States, any foreign country, or any domestic or foreign state,
county, city or other political subdivision or of any Governmental or Regulatory
Authority.

                  "Liens" means any mortgage, pledge, assessment, security
interest, lease, lien, easement, license, covenant, condition, restriction,
adverse claim, levy, charge, option, equity, adverse claim or restriction or
other encumbrance of any kind, or any conditional sale contract, title retention
agreement or other agreement to give any of the foregoing, except for any
restrictions on transfer generally arising under any applicable federal or state
securities aw.

                  "Order" means any writ, judgment, decree, injunction or
similar order of any Governmental or Regulatory Authority (in each such case
whether preliminary or final).

                  "Person" means any natural person, corporation, general
partnership, limited partnership, Limited Liability Company or partnership,
proprietorship, other business organization, trusts, union, association or
Governmental or Regulatory Authority.

                  "SEC" means the United States Securities and Exchange
Commission.

                  "Tax" or "Taxes" means all federal, state, local or foreign
taxes, including, but not limited to, income, gross receipts, windfall profits,
goods and services, value added, severance, property, production, sales, use,
license, excise, franchise, employment, withholding or similar taxes, together
with any interest, additions or penalties with respect thereto and any interest
in respect of such additions or penalties.

                  "Taxing Authority" means any governmental agency, board,
bureau, body, department or authority of any United States federal, state or
local jurisdiction or any foreign jurisdiction, having or purporting to exercise
jurisdiction with respect to any Tax.

                  "Tax Returns" means any return, report, information return,
statement or other document (including any related or supporting information)
filed or required to be filed with, or, where none is required to be filed with
a Taxing Authority, the statement or other document issued by, a Taxing
Authority in connection with any Tax.

         [The remainder of this page has intentionally been left blank]

                                       19
<PAGE>

IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this
                  Agreement as of the date first above written.

 CONSUMER DIRECT OF AMERICA,
a Nevada corporation

By: /s/ Michael Barron
    ----------------------------
     Michael Barron
     President and Chief Executive Officer

OCEAN WEST HOLDING CORPORATION STOCKHOLDERS

By: /s/ Marshall L. Stewart
    ----------------------------
     Marshall L. Stewart, selling 1,942,340 shares of common stock of OWHC for
     [258,896] shares of common stock of CDA

By:  /s/ Daryl S. Mcddings
     ---------------------------
     Daryl S. Mcddings, selling 1,954,340 shares of common stock of OWHC for
     [260,414] shares of common stock of CDA

By: ____________________________
     Enfo Loan Corporation selling (553,224) shares of common stock of OWHC for
     (69,956) shares of common stock of CDA

By: ____________________________
     Kingsley and Nancy Cannon selling (131,000) shares of common stock of OWHC
     for (16,565) shares of common stock of CDA

By: ____________________________
     Dale and Suzanne Delmege selling (130,930) shares of common stock of OWHC
     for (16,556) shares of common stock of CDA

By: /s/ Daryl Meddings  Marshall Stewart
    -----------------------------------
     Daryl Meddings and Marshall Stewart selling (210,096 shares of Class
     B common stock of OWHC for (26,567) shares of common stock of CDA

                                       20
<PAGE>

                                Schedule 4.1(b)

        OWHC did not hold an annual shareholders meeting in 2002 or 2003.

                                       21
<PAGE>
                                 Schedule 4.2(b)

<TABLE>
<S>                                        <C>               <C>
Based on the month June Average Prices
CDA Stock Price                              $  1.8940

OWHC Stock Price                             $  0.2395

Stock Acquired                             OWHC Shares       CDA Shares
                                           -----------       ----------

Marshall L. Stewart                          2,047,388          258,896

Daryl S.Meddings                             2,059,388          260,414
Enfo Loan Corporation                          553,224           69,956
Kingsley and Nancy Cannon                      131,000           16,565
Dale and Suzanne Delmege                       130,930           16,556
                                            ----------        ---------

  Total                                      4,921,930          622,388

Total Outstanding as of 3/31/2004

Class B Common Stock                           210,096

Common Stock                                 5,586,104

  Total Common Stock                         5,796,200

Percentage of Total Common                       84.92%

Preferred Stock                              1,587,500

Total Stock Shares                           7,383,700

Percentage of Total Stock                        66.66%
</TABLE><PAGE>
                                                                   Exhibit 10.15
                                                                  EXECUTION COPY

                           FIRST AMENDMENT AND WAIVER

      FIRST AMENDMENT AND WAIVER, dated as of June 25, 2004 (this "First
Amendment"), to the Term Loan Agreement, dated as of July 31, 2003 (as amended,
supplemented or otherwise modified from time to time, the "Credit Agreement"),
among Wheeling-Pittsburgh Corporation ("Holdings"), Wheeling-Pittsburgh Steel
Corporation (the "Borrower"), the Lenders party to the Credit Agreement, the
Documentation Agent and Syndication Agent named therein, Royal Bank of Canada,
as administrative agent (in such capacity, the "Administrative Agent"), the
Emergency Steel Loan Guarantee Board (the "Federal Guarantor") and the West
Virginia Housing Development Fund (the "State Guarantor"). Terms defined in the
Credit Agreement shall be used in this First Amendment with their defined
meanings unless otherwise defined herein.

                             W I T N E S S E T H:
                             - - - - - - - - - -

      WHEREAS, Holdings, the Borrower, the Lenders, the Administrative Agent,
the Federal Guarantor and the State Guarantor are parties to the Credit
Agreement;

      WHEREAS, the Borrower has requested that the Tranche B Lenders agree to
amend the Applicable Margin with respect to the Tranche B Loans (the "Tranche B
Repricing") as provided herein;

      WHEREAS, Holdings intends to sell up to an aggregate of $150,000,000 of
its Capital Stock through one or more offerings in the capital markets (each an
"Equity Offering" and collectively, the "Equity Offerings") and the Borrower has
requested that the Lenders agree to waive certain mandatory prepayment
provisions of the Credit Agreement with respect to the proceeds thereof;

      WHEREAS, the Borrower has requested that the Lenders agree to make certain
other amendments and waivers relating to the Credit Agreement as set forth
herein; and

      WHEREAS, the Tranche B Lenders are willing to agree to the amendments
necessary to effectuate the Tranche B Repricing, and the Lenders, the
Administrative Agent and the Federal Guarantor are willing to agree to such
other waivers and amendments set forth herein, in each case subject to the terms
and conditions set forth herein.

      NOW, THEREFORE, in consideration of the premises and mutual covenants
contained herein, Holdings, the Borrower, the Lenders, the Administrative Agent
and the Federal Guarantor hereby agree as follows:

      SECTION I. AMENDMENT RELATING TO THE TRANCHE B LOAN REPRICING.

      1. Amendment to Section 1.1 (Definitions). The definition of "Applicable
Margin" set forth in Section 1.1 of the Credit Agreement is hereby amended by
deleting from the table contained therein the line entitled "Tranche B Loans"
and the margins for ABR Loans and Eurodollar Loans set forth opposite thereto
and inserting in lieu thereof:

         "Tranche B Loans        0%          0.55%".

      SECTION II. WAIVERS AND AMENDMENTS RELATING TO THE EQUITY OFFERINGS.

<PAGE>

      1. Waiver of Mandatory Prepayment Provisions. Each of the Lenders and the
Federal Guarantor hereby waives the requirement set forth in Section 2.6(a) with
respect to the application of the Net Cash Proceeds of each Equity Offering,
provided that (i) such Equity Offerings are consummated no later than January
31, 2005 and (ii) upon receipt of Net Cash Proceeds from any Equity Offering,
Holdings shall contribute such Net Cash Proceeds to the Borrower and the
Borrower shall apply such Net Cash Proceeds in the following order: (A) first,
on any date on which Net Cash Proceeds are received from an Equity Offering (or
the following Business Day in the event Net Cash Proceeds are received after
2:00 p.m., New York City time) (each a "Prepayment Date"), to reduce the
principal amount of the loans outstanding under the Revolving Loan Agreement to
zero (excluding any letters of credit then outstanding under the Revolving Loan
Agreement); (B) second, to the extent of any excess, to Capital Expenditures to
be made on or after the date of such Equity Offering, provided that (I) any Net
Cash Proceeds allocated to Capital Expenditures pursuant to this clause (B) are
deposited on the date of such Equity Offering in a segregated account (the
"Capital Expenditure Deposit Account") as to which the deposit bank has executed
a control agreement in favor of the Collateral Agent for the benefit of the
Secured Parties (as defined in the Security Agreement) in form and substance
satisfactory to the Administrative Agent, (II) all Capital Expenditures made
with amounts withdrawn from the Capital Expenditure Deposit Account are expended
pursuant to and in accordance with clause (a), (b) or (e) of Section 6.7 of the
Credit Agreement (as amended by this First Amendment), and (III) no more than
$35,000,000 of Net Cash Proceeds from all Equity Offerings may be allocated to
Capital Expenditures pursuant to this clause (B); and (C) third, on the
respective Prepayment Date, to the extent of any excess, to prepay the principal
amount of the Loans.

      2. Waiver of Inverse Application of Prepayments. Notwithstanding Section
2.12(a) of the Credit Agreement, each of the Lenders and the Federal Guarantor
hereby agrees that with respect to any prepayment of Loans made in accordance
with Section II.1 above, such prepayment shall be applied pro rata among the
Tranche A Loans, the Tranche B Loans and the Tranche C Loans and, within each
tranche, pro rata over the remaining principal installments thereof as set forth
in Section 2.3.

      3. Amendment to Section 1.1 (Definitions). Section 1.1 of the Credit
Agreement is hereby amended by:

            (a) inserting the following new definitions in appropriate
      alphabetical order:

                  ""Capital Expenditure Deposit Account": as defined in the
            First Amendment and Waiver."

                  ""First Amendment and Waiver": the First Amendment and Waiver
            to this Agreement, dated as of June 25, 2004, among Holdings, the
            Borrower, the Lenders party thereto, the Administrative Agent and
            the Federal Guarantor."

            (b) amending the definition "Consolidated Fixed Charge Coverage
      Ratio" in its entirety to read as follows:

                  ""Consolidated Fixed Charge Coverage Ratio": for any period,
            the ratio of (a) (i) the sum (without duplication) of Consolidated
            EBITDA for such period and Consolidated Lease Expense for such
            period less (ii) the aggregate amount actually paid by Holdings and
            its Subsidiaries during such period on account of Capital
            Expenditures (excluding Capital Expenditures (i) funded from or
            reimbursed by amounts on deposit in the Cash Collateral Account or
            Capital Expenditure Deposit Account or (ii) made in accordance with
            Section 6.7(d)) to (b) Consolidated Fixed Charges for such period."

<PAGE>

            (c) amending clause (b)(iii) of the definition of "Excess Cash Flow"
      in its entirety to read as follows:

                  "(iii) the aggregate amount actually paid or committed to be
            paid (such committed amounts to be excluded from the computation of
            Excess Cash Flow in future quarters) by the Borrower and its
            Subsidiaries in cash during such fiscal quarter on account of
            Capital Expenditures (excluding expenditures to the extent (i)
            funded by drawings on the Cash Collateral Account or the Capital
            Expenditure Deposit Account, (ii) financed with the proceeds of any
            Reinvestment Deferred Amount or (iii) in the case of the Coke
            Facility Refurbishment Project, financed with Indebtedness incurred
            in connection with such expenditures, other than Indebtedness under
            the Revolving Loan Agreement necessarily incurred to fund such
            expenditures),"

      4. Amendment to Section 6 (Negative Covenants). Section 6 of the Credit
Agreement is hereby amended by inserting the following new provision at the end
thereof:

            "6.19 Revolving Loan Balance. Permit the outstanding principal
      amount of all Revolving Loans and Swing Line Loans (as such terms are
      defined in the Revolving Loan Agreement) on any day to exceed $150,000,000
      in the aggregate."

      5. Amendment of Exhibit B (Form of Ratio and Compliance Certificate).
Exhibit B to the Credit Agreement is hereby amended by inserting the following
new paragraph 5 after existing paragraph 4:

            "5. Attached hereto as Attachment 3 is a schedule of the amounts
      withdrawn from the Capital Expenditure Deposit Account during the
      accounting period covered by the Financial Statements and a description of
      the Capital Expenditures made with such amounts."

      SECTION III. AMENDMENTS RELATING TO COKE FACILITY CAPITAL EXPENDITURES.

      1. Amendment to Section 1.1 (Definitions). Section 1.1 of the Credit
Agreement is hereby amended by inserting the following new definition in
appropriate alphabetical order:

            ""Coke Facility Refurbishment Project": the refurbishment of the No.
      8 coke battery located in Follansbee, West Virginia to be undertaken and
      completed in accordance with the project description set forth in Schedule
      1.1G.".

      2. Amendments to Section 6.7 (Capital Expenditures). Section 6.7 of the
Credit Agreement is hereby amended by:

            (a) inserting a new paragraph between existing paragraphs (c) and
      (d) (and relettering existing paragraph (d) as new paragraph (e)) as
      follows:

                  "(d) Capital Expenditures relating to the Coke Facility
            Refurbishment Project in an aggregate amount not to exceed
            $85,000,000, provided that not more than $18,000,000 in the
            aggregate may be expended on the Coke Facility Refurbishment Project
            prior to January 1, 2006; and"; and

<PAGE>

                  (b) inserting the words ", the Coke Facility Refurbishment
            Project" immediately after the words "the Allenport Cold Mill
            Improvements" in newly relettered paragraph (e).

      3. Schedule 1.1G. The Credit Agreement is hereby amended by including as
Schedule 1.1G thereto Schedule A to this First Amendment.

      SECTION IV. MISCELLANEOUS.

      1. Representations and Warranties. (a) Each of Holdings and the Borrower
hereby confirms, reaffirms and restates the representations and warranties set
forth in Section 3 of the Credit Agreement. Each of Holdings and the Borrower
represents and warrants that, after giving effect to this First Amendment, no
Default or Event of Default has occurred and is continuing.

      (b) Each of Holdings and the Borrower represents that the audited
consolidated balance sheets of Holdings as at December 31, 2003, and the related
consolidated statements of income and of cash flows for the period ended on such
date, reported on and accompanied by an unqualified report from
PricewaterhouseCoopers LLP, present fairly the consolidated financial condition
of Holdings as at such date, and the consolidated results of its operations and
its consolidated cash flows for the period then ended. All such financial
statements, including the related schedules and notes thereto, have been
prepared in accordance with GAAP applied consistently throughout the periods
involved (except as approved by the aforementioned firm of accountants and
disclosed therein).

      2. Effectiveness. This First Amendment shall become effective as of and on
the date on which the following conditions precedent shall have been satisfied
(the "First Amendment Effective Date"):

            (a) Consent; First Amendment. The Administrative Agent shall have
      received counterparts hereof duly executed by Holdings, the Borrower, the
      Federal Guarantor, the Tranche A Lender, the Tranche C Lender and each of
      the Tranche B Lenders.

            (b) Fees. The Administrative Agent shall have received payment of
      all expenses required to be paid on or before the First Amendment
      Effective Date for which invoices have been timely presented, including,
      without limitation, the reasonable fees and expenses of legal counsel.

            (c) Legal Opinion. The Administrative Agent shall have received a
      legal opinion addressed to the Administrative Agent, the Lenders and the
      Federal Guarantor from Kirkpatrick & Lockhart LLP, counsel to Holdings,
      the Borrower and their Subsidiaries, in form and substance reasonably
      satisfactory to the Administrative Agent.

      3. No Change. Except as expressly provided herein, no term or provision of
the Credit Agreement shall be amended, modified, supplemented or waived, and
each term and provision of the Credit Agreement shall remain in full force and
effect.

      4. Counterparts. This First Amendment may be executed by the parties
hereto in any number of separate counterparts, and all of said counterparts
taken together shall be deemed to constitute one and the same instrument.

      5. Governing Law. THIS FIRST AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF
THE PARTIES UNDER THIS FIRST AMENDMENT SHALL BE

<PAGE>

GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE
STATE OF NEW YORK.

                     [rest of page intentionally left blank]

<PAGE>

      IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to
be duly executed and delivered by their proper and duly authorized officers as
of the day and year first above written.

                                    WHEELING-PITTSBURGH CORPORATION

                                    By: /s/ John W. Testa
                                       ------------------------------------
                                    Name: John W. Testa
                                    Title: Vice President

                                    WHEELING-PITTSBURGH STEEL CORPORATION

                                    By: /s/ Michael P. DiClemente
                                       ------------------------------------
                                    Name: Michael P. DiClemente
                                    Title: Treasurer

<PAGE>

                                    ROYAL BANK OF CANADA, as Administrative
                                      Agent

                                    By: /s/ Gail Watkin
                                      -------------------------------------
                                    Name: Gail Watkin
                                    Title: Manager, Agency

                                    ROYAL BANK OF CANADA, as Tranche A Lender
                                    and Tranche C Lender

                                    By: /s/ Suzanne Kaicher
                                      --------------------------------------
                                    Name: Suzanne Kaicher
                                    Title: Attorney-in-Fact
                                           Royal Bank of Canada

     (SIGNATURE PAGE TO FIRST AMENDMENT AND WAIVER TO TERM LOAN AGREEMENT)

<PAGE>

                                    EMERGENCY STEEL LOAN GUARANTEE BOARD

                                       By: /s/ Marguerite S. Owen
                                         ---------------------------------
                                       Name: Marguerite S. Owen
                                       Title: General Counsel

      (SIGNATURE PAGE TO FIRST AMENDMENT AND WAIVER TO TERM LOAN AGREEMENT)

<PAGE>
                                        AUSTRALIA AND NEW ZEALAND BANKING
                                        GROUP LIMITED

                                        By: /s/ R. Scott McInnis
                                           -------------------------------------
                                           Name:  R. Scott McInnis
                                           Title: Country HZAD - USA

<PAGE>
                                        Lloyds TSB Bank plc

                                        By: /s/ Gary Staines
                                           -------------------------------------
                                           Name:  Gary Staines
                                           Title: VICE PRESIDENT
                                                  STRUCTURED FINANCE
                                                  8366

                                                   /s/ Ming Liu
                                        -------------------------------------
                                                       Ming Liu
                                             Assistant Vice President
                                                 Structured Finance
                                                        0-008

<PAGE>
                                        Bank One, NA
                                        ----------------------------------------
                                        Name of Lender

                                        By: /s/ Paul Weybrecht
                                           -------------------------------------
                                           Name:  Paul Weybrecht
                                           Title: Director

<PAGE>
                                        ALLSTATE LIFE INSURANCE COMPANY
                                        ----------------------------------------
                                        Name of Lender

                                        By: /s/ [Signature illegible]
                                           -------------------------------------
                                           Name:
                                           Title:

                                        By: /s/ [Signature illegible]
                                           -------------------------------------

     (Signature Page to First Amendment and Waiver to Term Loan Agreement)
<PAGE>
                                        Allied Irish Banks plc

                                        By: /s/ Margaret Brennan
                                           -------------------------------------
                                           Name:  MARGARET BRENNAN
                                           Title: Vice President

<PAGE>

                                        BANK HAPOALIM B.M.

                                        By: /s/ James P. Surless
                                           ------------------------------------
                                           Name:  JAMES P. SURLESS
                                           Title: VICE PRESIDENT

                                        By: /s/ [Signature Illegible]
                                           ------------------------------------
                                           Name:  [Signature Illegible]
                                           Title: FVP

     (SIGNATURE PAGE TO FIRST AMENDMENT AND WAIVER TO TERM LOAN AGREEMENT)

<PAGE>

                                        KBC BANK N.V.
                                        ---------------------------------------
                                        Name of Lender

                                        By: /s/ Robert Snauffer
                                           ------------------------------------
                                           Name:  Robert Snauffer
                                           Title: First Vice President

                                        By: /s/ Robert M. Surdam, Jr.
                                           ------------------------------------
                                           Name:  ROBERT M. SURDAM, JR.
                                           Title: VICE PRESIDENT

     (Signature Page to First Amendment and Waiver to Term Loan Agreement)

<PAGE>
                                        US BANK N.A.
                                        ---------------------------------------
                                        Name of Lender

                                        By: /s/ Jeffrey A. Kessler
                                           ------------------------------------
                                           Name:  Jeffrey A. Kessler
                                           Title: Vice President

     (Signature Page to First Amendment and Waiver to Term Loan Agreement)

<PAGE>
                                                BAYERISCHE LANDESBANK
                                                Cayman Islands Branch

                                                By: /s/ Stephen Christenson
                                                   -----------------------------
                                                   Name:  Stephen Christenson
                                                   Title: Vice President

                                                By: /s/ James H. Boyle
                                                   -----------------------------
                                                   Name:  James H. Boyle
                                                   Title: Vice President

     (SIGNATURE PAGE TO FIRST AMENDMENT AND WAIVER TO TERM LOAN AGREEMENT)

<PAGE>
                                             Name of Lender: FLEET CAPITAL CORP.

                                             By: /s/ ALLAN R. JULEUS
                                                --------------------------------
                                                Name:  ALLAN R. JULEUS
                                                Title: SENIOR VICE PRESIDENT
<PAGE>
                                                                      SCHEDULE A

                                                                   SCHEDULE 1.1G

                       Coke Facility Refurbishment Project

Description of Project:

End Flue rehabilitation of the No. 8 Coke Battery, including replacement of
collector mains, fuel gas mains and rehabilitation of structures, machinery and
gas cleaning systems. The objective is to restore original design productive
capacity of the coke battery of 819,000 tons of furnace coke per year at 3%
moisture.

Estimated Schedule:

Detailed scope cost and schedule development:  March 2004 to December 2004

      - detailed battery inspections

      - appropriation level cost estimate development

      - detailed schedule development

Major Equipment and Materials Procurement:  January  2004 to May 2006

Field construction:  Beginning November 2005

Achieve full battery rated production:  January 2007
<PAGE>
No. 8 Coke Battery
Estimated Projected Cost Breakdown

<TABLE>
<CAPTION>
                                                                     $ Million
                                                                     ---------
<S>                                                       <C>        <C>
Pre-Appropriation Project Development                                   1.2

Engineering, Supervision & Administrative                               3.3

Materials:
 End Enclosure System                                      2.9
 Top Paving                                                 .7
 Insulation & Asbestos Removal                             1.1
 Safety Items                                               .3
 Gooseneck and Standpipe Materials                         1.2
 Rentals & Small Tools                                     1.1
 Sill Castings and Ancillary Plating                        .1
 Pusher & Coke Side Bench Materials                         .8
 Refractory & Mortar                                      13.7
 Collector Main                                            5.0
 Fuel Gas Main                                             1.5
                                                                       28.4
Field Labor                                                            52.1
                                                                       ====

        TOTAL                                                          85.0
                                                                       ====
</TABLE>

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