Document:

<PAGE> 52
                                                                EXHIBIT 10.3
             SECOND AMENDMENT TO AGREEMENT FOR SALE AND PURCHASE
                     OF REAL ESTATE AND PERSONAL PROPERTY

  THIS SECOND AMENDMENT TO AGREEMENT FOR SALE AND PURCHASE OF REAL ESTATE AND
PERSONAL PROPERTY (hereinafter referred to as the "Amendment"), effective
September 5, 2003 (hereinafter referred to as the "Effective Date"), is by and
between PRESIDENT BROADWATER HOTEL, L.L.C., a Mississippi limited liability
company, successor to BH Acquisition Corporation (hereinafter referred to as
"Seller"), and A. D. JULDAN ENTERPRISES, LLC, a Mississippi limited liability
company (hereinafter referred to as "Purchaser").

  WHEREAS, Seller and Purchaser entered into that certain Agreement for Sale
and Purchase of Real Estate and Personal Property, dated June 2, 2003, and
amended by that certain Amendment to Agreement for Sale and Purchase of Real
Property and Personal Property, dated August 29, 2003, and last revised
September 5, 2003 (hereinafter collectively referred to as the "Agreement").

  WHEREAS, Seller and Purchase desire to amend the Agreement.

  NOW, THEREFORE, in consideration of the foregoing premises, and other
valuable consideration, the receipt and sufficiency of which is acknowledged,
Seller and Purchaser agree as follows:

  1.  The following paragraph is hereby substituted for the first paragraph of
Article 14 of the Agreement:

Within ten business days after the effective date of this agreement, Seller
shall deliver to Purchaser all documents in its possession regarding the
Project, including (but not limited to) site plans, building plans, surveys,
permits, studies (including all environmental and wetlands phases), reports,
leases, contracts, and other agreements which affect the Project.  Purchaser
intends to complete its physical inspection of the Project on the earlier of
5:00 p.m., central time on (a) October 15, 2003 or (b) the second business day
after the Biloxi City Council votes upon the application for rezoning of the
"Property", which is presently scheduled for September 30, 2003 ("Inspection
Period"), which inspection shall be at the sole cost and expense of Purchaser.
Before the expiration of the Inspection Period, Purchaser has the right to
terminate this agreement for any reason.  Purchaser's initial earnest money
deposit, as provided in the first sentence of Section 2.2(a) of the Agreement,
shall become non-refundable on September 5, 2003.  If Purchaser does not give
Seller written notice before the expiration of the Inspection Period of
Purchaser's election to terminate this Agreement, Purchaser's additional
earnest money deposit, as provided in the second sentence of Section 2.2(a) of
the Agreement, shall become non-refundable.

  2.  It is agreed among the Parties hereto that the fair market value of the
Property varies based upon use and zoning, and that they have agreed to
allocate the purchase price as set forth in Exhibit "A" hereto.

  3.  This Amendment shall be subject to the approval of the holder of the
first deed of trust encumbering the Property.

  4.  Except as otherwise modified herein, the terms and conditions of the
<PAGE> 53
Agreement, as amended, shall remain in full force and effect and are hereby
reaffirmed by the parties.

  IN WITNESS WHEREOF, the Seller and Purchaser have caused this Second
Amendment to the Agreement for Sale and Purchase of Real Estate and Personal
Property to be executed by its proper officers this      day of September,
2003, but effective as of September 5, 2003.

                                    SELLER:

                                    PRESIDENT BROADWATER HOTEL, L.L.C.

                                    By: /s/ John S. Aylsworth
                                       ---------------------------------------
                                    Printed Name: John S. Aylsworth
                                                 -----------------------------
                                    Title: President
                                          ------------------------------------

                                    PURCHASER:

                                    A. D. JULDAN ENTERPRISES, LLC

                                    By: /s/ Daniel Chang
                                       ---------------------------------------
                                    Printed Name: Daniel Chang
                                                 -----------------------------
                                    Title: President
                                          ------------------------------------

                                  EXHIBIT A

                         ALLOCATION OF PURCHASE PRICE

  The Purchase Price shall be allocated among the proposed rezoning and uses
of the various parcels of real property making up the Property, as set forth
in the June 2, 2003 Agreement entered into between A.D. Juldan Enterprises,
LLC, as Purchaser, and President Broadwater Hotel, L.L.C., as Seller,
according to the proposed rezoning of the Property, as depicted in the
proposed preliminary plat of the subdivision of the Property submitted to the
Biloxi Planning Commission, and made a part hereof as if attached hereto, and
shall be allocated on a Pro-Rata basis according to the sum of the number of
acres multiplied by the following approximate per acre values:

        1.  Commercial Value       $150,000.00, per acre; (consisting of
                                   75 +/- acres);

        2.  Residential Value      $20,000.00, per acre; (consisting of
                                   83 +/-  acres); and

        3.  Detention Pond&        $5,000.00, per acre (consisting of
            Roadway Value          25 +/- acres).

                                    2EX 10.04-Contract

                           SALES ASSOCIATE AGREEMENT:

                                  DICUT, INC.

THIS AGREEMENT made the 22nd day of September, 2003

BETWEEN:
Sidney Lederman an individual having an office at
4383 Bathurst St. Apt#1109, North York, Ontario. Canada M3H 3P8;
OF THE FIRST PART

AND;

DICLIT, INC., a body corporate having an office at
2150 Northwest Parkway SE Suite H, Marietta, Georgia 30067

OF THE SECOND PART

WHEREAS: Dicut, Inc. desires to retain Sidney Lederman to provide SALES services
according to our previous discussions. Sidney Lederman has agreed to provide
such services on the terms and conditions hereinafter set out.

NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual
covenants and agreements hereinafter contained, the parties hereto agree as
follows: DUTIES AND OBLIGATIONS

1.1 Sidney Lederman shall provide SALES services for Dicut, Inc. as set forth in
Attachment A below on an independent basis and such other SALES services as may
be mutually agreed between the parties from time to time.

1.2 In performing its duties hereunder, Sidney Lederman shall at all times
exercise the standard of care, skill and diligence normally provided in the
performance of services similar to that contemplated by this Agreement. Sidney
Lederman will not do anything that will violate the laws of the Securities and
Exchange Commission of the United'States or any other regulatory agency
overseeing the marketing of stock. If Dicut, Inc., whether at the request of
Sidney Lederman or otherwise, engages the services of a specialist, Sidney
Lederman shall be entitled to rely on the skill and knowledge of such
specialist, and shall not be liable to Dicut, Inc. for any damages or loss
arising out of or arising from the services of such specialist. Sidney Lederman
shall be entitled to rely on the accuracy of any data furnished by Dicut, Inc.
unless to do so would be unreasonable.

1 .3 Sidney Lederman shall not be required to devote his full time and attention
to the affairs of Dicut, Inc. but shall be entitled, during the term hereof, to
carry on such other businesses and undertakings as it sees fit.

1.4 Sidney Lederman shall not, either during the continuance of this Agreement
or at any time thereafter, disclose the private affairs of Dicut, Inc. to any
persons other than the Directors of Dicut, Inc. Sidney Lederman shall not,
either during the continuance of this Agreement or any time thereafter, use for
his own purposes or any purpose other than those of Dicut, Inc. any information
they may acquire in relation to the business and affairs of Dicut, Inc.

REMUNERATION OF Sidney Lederman

2.1 It is agreed that Sidney Lederman shall perform these services for twelve
(12) months commencing on the date signed below. For providing the services
pursuant to the terms of this twelve (12) months Agreement, Sidney Lederman will
be compensated a retainer of 1,000,000 shares of Dicut Inc. free trading shares
registered under S-8 and it is further understood and agreed that he will
disburse the sum of $100,000.00 USD to D1CUT INC. as full payment for the option
agreement signed on July 20 2002.

2.2 Although no travel is anticipated, Sidney L.ederman shall be reimbursed for
all traveling expenses actually and properly incurred by Sidney Lederman in
connection with carrying out duties arising hereunder and directly related to
activities carried out on behalf of Dicut, Inc. Dicut, Inc. must approve such
expenses in advance. Sidney Lederman shall furnish to Dicut. Inc. statements and
vouchers as and when required by Dicut, Inc.

TERM

3.1 The term of this Agreement shall be for a period of twelve (12) months
commencing on the date hereof, unless earlier terminated as set out in

Section 3.2, 3.3, 3.4 or 3.5

3.2 At the end of the twelve (12) months, if not terminated in writing through
the U.S. Postal Service, this agreement will automatically renew for an
additional twelve (12) months on the anniversary of the signature date below

3.3 Sidney Lederman services to Dicut, Inc. may be terminated by post in writing
by Sidney Lederman upon 30 day written notice to Dicut, Inc. subject to the
terms contained herein. 3.4. Dicut, Inc. can terminate this agreement in the
event Sidney Lederman fails to adequately provide the services as described in
Schedule A. If Sidney Lederman fails to provide the services as described in
Schedule A, Dicut, Inc. can move to terminate this agreement by post in writing.
If Dicut, Inc. moves to terminate this agreement, Dicut, Inc. must state in
their termination letter the reason for the termination of this contract.

3.5 This agreement can also be terminated upon the mutual decision of the
parties hereto.

INDEMNIFICATION OF Sidney Lederman

4. Dicut, Inc. shall and hereby agrees to indemnify and save harmless Sidney
Lederman from and against all claims and demands of any nature or kind
whatsoever brought against Sidney Lederman as a result of its performance in
good faith of the duties and obligations required of Sidney Lederman hereunder.

INDEMNIFICATION OF COMPANY

5. Sidney Lederman shall and hereby agrees to indemnify and save harmless Dicut,
Inc. from and against all claims and demands of any nature or kind whatsoever
that may be brought against Dicut, Inc. as a result of Sidney Lederman's
performance in good faith of the duties and obligations required of Dicut
hereunder.

RESTRICTION ON ASSIGNMENT

6. Neither this Agreement nor any of the rights, benefits or obligations arising
from or out of the terms of this Agreement shall be assignable by either party
hereto without the prior written consent of the other party hereto.

NOTICE

7. Notice of termination shall be deemed given by one party to the other party
when sent by U.S. Postal Service.

TIME

8. Time shall be of the essence of this Agreement.

FURTHER ASSURANCES

9.1 The parties hereto covenant and agree to execute and deliver any end all
further assurances or other documents necessary to give full effect to the
meaning and intent  of this Agreement

9.2 While striving to  improve the stock performance of Dicut Inc., Sidney
Lederman does not guarantee an increase in the volume of the stock traded or the
value the stci

9.3 The marketing/promotion services offered in this contract by Sidney Lederman
are not to be misconstrued as to being a "quick fix" of any sort. In most cases
it takes the entire term of this agreement to achieve the goals as stated in
Attacment A.

ENUREMENT 10.This Agreement shall endure to the benefit or arid be binding upon
the parties hereto and their respective successor and permitted assigns.

GOVERNANCE

11. The provisions of this Agreement shall be governed by and interorated in
accordance with the laws of the State of C Attorneys fees for any disputee from
or related to this

Agreement shall be the responsibility of each party and not a part of the
settlement thereof. IN WITNESS, The parties hereto have executed this document
as of the date and year written below

By:/s/Pierre Quilliam
-------------------
Pierre Quilliam
Director/ President
Dicut.Inc.

By: /s/ Sidney Lederman
----------------
Sidney Lederman
Associate

Data: September 22, 2003

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}]]