Document:

Exhibit 10.22
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The Securities  represented by this  Convertible  Note have not been  registered
under the  Securities  Act of 1933,  as amended  ("Act"),  or  applicable  state
securities laws ("State Acts") and shall not be sold,  hypothecated,  donated or
otherwise  transferred  unless the  Borrower  shall have  received an opinion of
Legal Counsel for the Borrower, or such other evidence as may be satisfactory to
Legal Counsel for the Borrower,  to the effect that any such transfer  shall not
require registration under the Act and the State Acts.
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                                 First Amendment
                               BPK RESOURCES, INC.

                              F/K/A BEPARIKO BIOCOM

                         12.00% SECURED CONVERTIBLE NOTE

$1,500,000                                                                 No: 1

                          DATE OF ISSUE: APRIL 25, 2002
                        DATE OF AMENDMENT: JULY 29, 2003

     BPK  Resources,   Inc.  f/k/a  Bepariko   Biocom  (a  Nevada   corporation)
(hereinafter referred to as the "Borrower") is indebted and, for value received,
herewith promises to pay to:

                             TRIDENT GROWTH FUND, LP
                          F/K/A GEMINI GROWTH FUND, LP

or to its order, (together with any assignee, jointly or severally, the "Holder"
or "Lender") on or before June 30, 2004 (the  "Termination  Date")  (unless this
Convertible  Note shall have been sooner called for  redemption or presented for
conversion  as herein  provided),  the sum of One Million Five Hundred  Thousand
Dollars  ($1,500,000)  (the  "Principal  Amount")  and  to pay  interest  on the
Principal  Amount at the rate of twelve  percent  (12.00%) per annum as provided
herein.  In  furtherance  thereof,  and in  consideration  of the premises,  the
Borrower covenants, promises and agrees as follows:

     1. Interest: Interest on the Principal Amount outstanding from time to time
shall  accrue at the rate of 12.00%  per annum and be  payable  in cash via wire
transfer  in  monthly  installments  commencing  April 30,  2002 and  subsequent
payments  shall be made on the  last  day of each  month  thereafter  until  the
Principal  Amount and all  accrued and unpaid  interest  shall have been paid in
full unless the Holder gives the Borrower written  notification  that it desires
for a  particular  month's  interest  payment  to be  paid  in  fully  paid  and
nonassessable  shares of common  stock,  $0.001 par value,  of the Borrower (the
"Common  Stock"),  based on a stock  price of $0.38 per share and such price per
share shall be subject to  adjustment at the times,  and in accordance  with the
provisions as set forth in section 4(a).  Overdue  principal and interest on the
Convertible Note shall, to the extent permitted by applicable law, bear interest
at the rate of 18.00% per annum.  All  payments of both  principal  and interest
shall be made at the address of the Holder hereof as it appears in the books and
records of the  Borrower,  or at such other  place as may be  designated  by the
Holder hereof in writing to Borrower.

<PAGE>

     2. Maturity:  If not sooner redeemed or converted,  this  Convertible  Note
shall mature on June 30, 2004 at which time all then remaining unpaid principal,
interest and any other  charges then due under the Loan  Agreement  shall be due
and payable in full via wire transfer.

     3. Optional  Redemption:  (a) On any interest  payment date and after prior
irrevocable  notice as provided for below,  the outstanding  principal amount of
this Convertible Note is redeemable at the option of the Borrower,  in whole but
not in part, at 100% of par.

     (b) The Borrower may exercise its right to redeem prior to Termination Date
by giving notice (the  "Redemption  Notice")  thereof to the Holder as such name
appears on the books of the  Borrower,  which notice shall  specify the terms of
redemption  (including  the place at which the Holder may obtain  payment),  the
total principal  amount to be redeemed (such principal  amount herein called the
"Redemption  Amount") and the date for redemption (the "Redemption Date"), which
date shall not be less than 90 days nor more than 120 days after the date of the
Redemption  Notice.  On the Redemption  Date, the Borrower shall pay all accrued
unpaid interest on the Convertible Note up to and including the Redemption Date,
and shall pay to the Holder a dollar amount equal to the Redemption  Amount.  In
the case of Convertible Notes called for redemption,  the conversion rights will
expire at the close of business on the Redemption Date.

     4. Conversion  Right:  The Holder of this  Convertible  Note shall have the
right,  at Holder's  option,  at any time,  to convert  all, or, in multiples of
$50,000,  any part of this  Convertible  Note into such number of fully paid and
nonassessable  shares of Common Stock as shall be provided herein. The holder of
this Convertible Note may exercise the conversion right by giving written notice
(the  "Conversion  Notice") to the  Borrower  of the  exercise of such right and
stating the name or names in which the stock  certificate or stock  certificates
for the shares of Common  Stock are to be issued  and the  address to which such
certificates  shall be delivered.  The Conversion Notice shall be accompanied by
the  Convertible  Note.  The  number of shares of  Common  Stock  that  shall be
issuable upon conversion of the Convertible  Note shall equal the face amount of
the  Convertible  Note divided by the  Conversion  Price as defined below and in
effect on the date the Conversion Notice is given;  provided,  however,  that in
the event that this Convertible Note shall have been partially redeemed,  shares
of Common  Stock shall be issued pro rata,  rounded to the nearest  whole share.
Conversion  shall be  deemed to have been  effected  on the date the  Conversion
Notice is  received  (the  "Conversion  Date").  Within 10  business  days after
receipt of the  Conversion  Notice,  Borrower  shall  issue and  deliver by hand
against a signed receipt therefor or by United States  registered  mail,  return
receipt  requested,  to the address designated in the Conversion Notice, a stock
certificate or stock  certificates  of the Borrower  representing  the number of
shares  of  Common  Stock to which  Holder  is  entitled  and a check or cash in
payment  of all  interest  accrued  and  unpaid on the  Convertible  Note  being
converted up to and including the Conversion Date. The conversion rights will be
governed by the following provisions:

     (a)  Conversion  Price:  On the issue date hereof and until such time as an
adjustment shall occur, the Conversion price shall be $0.38 per share,  provided
however,  that the Conversion Price shall be subject to adjustment at the times,
and in accordance with the provisions, as follows:

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                                     Page 2

                                                     Issuer's Initial __________
<PAGE>

          (i)  Adjustment  for  Issuance  of Shares at less than the  Conversion
Price:  If and whenever any Additional  Common Stock (as herein  defined) shares
shall be issued by the Borrower (the "Stock Issue Date") for a consideration per
share  less  than the  Conversion  Price,  then in each  such  case the  initial
Conversion  Price shall be reduced to a new Conversion  Price in an amount equal
to the  consideration  per share  received by the  Borrower  for the  additional
shares of Common  Stock then issued and the number of shares  issuable to Holder
upon conversion shall be proportionately  increased;  and, in the case of shares
issued without  consideration,  the initial Conversion Price shall be reduced in
amount and the number of shares issued upon conversion  shall be increased in an
amount so as to  maintain  for the Holder the right to convert  the  Convertible
Note into shares equal in amount to the same  percentage  interest in the Common
Stock of the Borrower as existed for the Holder immediately  preceding the Stock
Issue Date.

          (ii) Sale of Shares:  In case of the  issuance  of  Additional  Common
Stock for a consideration  part or all of which shall be cash, the amount of the
cash  consideration  therefor  shall  be  deemed  to be the  amount  of the cash
received by Borrower for such shares,  after any compensation or discount in the
sale,  underwriting  or purchase  thereof by  underwriters  or dealers or others
performing   similar  services  or  for  any  expenses  incurred  in  connection
therewith.  In case of the issuance of any shares of Additional Common Stock for
a consideration part or all of which shall be other than cash, the amount of the
consideration  therefor,  other than  cash,  shall be deemed to be the then fair
market value of the property  received as determined  by an  investment  banking
firm selected by Lender.

          (iii)  Reclassification of Shares: In case of the  reclassification of
securities  into shares of Common  Stock,  the shares of Common  Stock issued in
such  reclassification  shall be deemed to have been issued for a  consideration
other than cash.  Shares of Additional Common Stock issued by way of dividend or
other distribution on any class of stock of the Borrower shall be deemed to have
been issued without consideration.

          (iv) Split up or Combination of Shares: In case issued and outstanding
shares of Common Stock shall be subdivided or split up into a greater  number of
shares of the  Common  Stock,  the  Conversion  Price  shall be  proportionately
decreased,  and in case issued and  outstanding  shares of Common Stock shall be
combined into a smaller number of shares of Common Stock,  the Conversion  Price
shall be proportionately  increased,  such increase or decrease, as the case may
be, becoming effective at the time of record of the split-up or combination,  as
the case may be.

          (v) Exceptions:  The term "Additional  Common Stock" herein shall mean
in the most broadest  sense all shares of Common Stock  hereafter  issued by the
Borrower (including, but not limited to Common Stock held in the treasury of the
Borrower and common stock  purchasable via derivative  security or option on the
date of such grant ), except  Common Stock issued upon the  conversion of any of
this Convertible Note or Warrant.

     (b) Adjustment for Mergers, Consolidations, Etc.:

          (i) In the event of  distribution  to all Common Stock  holders of any
stock,  indebtedness  of the  Borrower or assets  (excluding  cash  dividends or
distributions from retained earnings) or other rights to purchase  securities or
assets,  then, after such event, the Convertible  Notes will be convertible into

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                                     Page 3

                                                     Issuer's Initial __________
<PAGE>

the kind and amount of  securities,  cash and other property which the holder of
the  Convertible  Notes would have been  entitled to receive if the holder owned
the Common Stock issuable upon conversion of the Convertible  Notes  immediately
prior to the occurrence of such event.

          (ii) In case of any capital  reorganization,  reclassification  of the
stock of the  Borrower  (other  than a change  in par  value or as a result of a
stock  dividend,   subdivision,   split  up  or  combination  of  shares),  this
Convertible  Note  shall be  convertible  into the kind and  number of shares of
stock or other securities or property of the Borrower to which the holder of the
Convertible  Note would have been  entitled  to receive if the holder  owned the
Common Stock issuable upon conversion of the Convertible Note immediately  prior
to the  occurrence of such event.  The  provisions of these  foregoing  sentence
shall   similarly  apply  to  successive   reorganizations,   reclassifications,
consolidations,  exchanges,  leases,  transfers or other  dispositions  or other
share exchanges.

          (iii)  Notice  of  Adjustment.  (A) In the event  the  Borrower  shall
propose to take any action which shall result in an adjustment in the Conversion
Price,  the Borrower shall give notice to the holder of this  Convertible  Note,
which notice shall  specify the record date, if any, with respect to such action
and the date on which such action is to take place.  Such notice  shall be given
on or before  the  earlier of 10 days  before the record  date or the date which
such action  shall be taken.  Such notice shall also set forth all facts (to the
extent known) material to the effect of such action on the Conversion  Price and
the number,  kind or class of shares or other securities or property which shall
be deliverable or purchasable  upon the occurrence of such action or deliverable
upon conversion of this Convertible  Note. (B) Following  completion of an event
wherein the  Conversion  Price shall be adjusted,  the Borrower shall furnish to
the holder of this Convertible Note a statement, signed by an authorized officer
of the  Borrower  of the facts  creating  such  adjustment  and  specifying  the
resultant adjusted Conversion Price then in effect.

     5. Reservation of Shares: Borrower warrants and agrees that it shall at all
times  reserve  and keep  available,  free from  preemptive  rights,  sufficient
authorized  and  unissued  shares of Common Stock to effect  conversion  of this
Convertible Note.

     6. Registration  Rights:  The Holder has certain rights with respect to the
registration  of shares of  Common  Stock  issued  upon the  conversion  of this
Convertible  Note pursuant to the terms of the Loan  Agreement.  Borrower agrees
that  a  copy  of  the  Loan  Agreement  with  all   amendments,   additions  or
substitutions  therefor  shall be  available to the Holder at the offices of the
Borrower.

     7. Taxes:  The Borrower shall pay any  documentary  or other  transactional
taxes  attributable to the issuance or delivery of this  Convertible Note or the
shares of Common  Stock  issued upon  conversion  by the Holder  (excluding  any
federal,  state or local income taxes and any  franchise  taxes or taxes imposed
upon the Holder by the jurisdiction, or any political subdivision thereof, under
which such Holder is organized or is qualified to do business.)

     8. Default:

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                                     Page 4

                                                     Issuer's Initial __________
<PAGE>

     (a) Event of Default:  An "Event of Default" shall exist if any one or more
of the following events (herein  collectively  called "Events of Default") shall
occur and be continuing:

          (i) Borrower shall fail to pay (or shall state in writing an intention
not to pay or its inability to pay),  not later than 10 days after the due date,
any installment of interest on or principal of, any Convertible Note or any fee,
expense or other payment required hereunder;

          (ii) Any of events stated in Section 7 of the Loan Agreement.

     (b)  Remedies  Upon Event of  Default:  If an Event of  Default  shall have
occurred  and be  continuing,  then Lender may  exercise  any one or more of the
following  rights and remedies,  and any other  remedies  provided in any of the
Loan  Documents,  as  Lender  in its  sole  discretion,  may deem  necessary  or
appropriate:

          (i) declare the unpaid  Principal  Amount  (after  application  of any
payments or  installments  received by Lender) of, and all interest then accrued
but unpaid on, the Convertible Notes and any other  liabilities  hereunder to be
forthwith  due and payable,  whereupon the same shall  forthwith  become due and
payable  without  presentment,  demand,  protest,  notice of default,  notice of
acceleration  or of intention to accelerate or other notice of any kind,  all of
which Borrower hereby expressly waives.

          (ii) reduce any claim to judgment, and/or

          (iii) without  notice of default or demand,  pursue and enforce any of
Lender's  rights and remedies under the Loan  Documents,  or otherwise  provided
under or pursuant to any applicable law or agreement, all of which rights may be
specifically enforced.

     (c) Remedies Nonexclusive: Each right, power or remedy of the holder hereof
upon the occurrence of any Event of Default as provided for in this  Convertible
Note or now or  hereafter  existing  at law or in equity or by statute  shall be
cumulative and  concurrent and shall be in addition to every other right,  power
or remedy provided for in this Convertible Note or now or hereafter  existing at
law or in equity or by statute, and the exercise or beginning of the exercise by
the holder or  transferee  hereof of any one or more of such  rights,  powers or
remedies shall not preclude the  simultaneous or later exercise by the holder of
any or all such other rights, powers or remedies.

     (d)  Expenses:  Upon the  occurrence  of a Default or an Event of  Default,
which  occurrence  is not cured  within the notice  provisions,  if any provided
therefore,  Borrower  agrees  to pay  and  shall  pay  all  costs  and  expenses
(including Lenders attorney's fees and expenses)  reasonably  incurred by Lender
in connection with the preservation and enforcement of Lender's rights under the
Loan Agreement, the Convertible Notes, or any other Loan Document.

     9. Failure to Act and Waiver:  No failure or delay by the holder  hereof to
require the performance of any term or terms of this  Convertible Note or not to
exercise any right, or any remedy shall  constitute a waiver of any such term or
of any right or of any  default,  nor shall such delay or failure  preclude  the
holder hereof from exercising any such right,  power or remedy at any later time
or times.  By accepting  payment after the due date of any amount  payable under
this Convertible  Note, the holder hereof shall not be deemed to waive the right
either to require  payment when due of all other  amounts  payable,  or to later
declare a default for failure to effect such  payment of any such other  amount.

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                                     Page 5

                                                     Issuer's Initial __________
<PAGE>

The failure of the holder of this Convertible Note to give notice of any failure
or breach of the Borrower  under this  Convertible  Note shall not  constitute a
waiver of any right or remedy in respect of such continuing failure or breach or
any subsequent failure or breach.

     10. Consent to  Jurisdiction:  The Borrower hereby agrees and consents that
any  action,  suit or  proceeding  arising out of this  Convertible  Note may be
brought  in any  appropriate  court in the State of Texas  including  the United
States District Court for the Northern  District of Texas, or in any other court
having  jurisdiction  over the subject  matter,  all at the sole election of the
holder hereof,  and by the issuance and execution of this  Convertible  Note the
Borrower irrevocably consents to the jurisdiction of each such court.

     11. Holders Right to Request Multiple  Convertible Notes: The Holder shall,
upon written request and  presentation of the Convertible  Note, have the right,
at any interest  payment date, to request division of this Convertible Note into
two or more  units,  each of such to be in such  amounts as shall be  requested;
provided  however that no Convertible  Notes shall be issued in denominations of
face amount less than $50,000.00.

     12. Transfer:  This Convertible Note may be transferred on the books of the
Borrower  by  the  registered  Holder  hereof,  or  by  Holder's  attorney  duly
authorized in writing, only upon (i) delivery to the Borrower of a duly executed
assignment of the Convertible Note, or part thereof, to the proposed new Holder,
along  with a current  notation  of the  amount  of  payments  received  and net
Principal  Amount yet unfunded,  and presentment of such Convertible Note to the
Borrower for issue of a replacement  Convertible Note, or Convertible  Notes, in
the  name of the new  Holder,  (ii) the  designation  by the new  Holder  of the
Lender's  agent for  notice,  such agent to be the sole  party to whom  Borrower
shall be required to provide notice when notice to Lender is required  hereunder
and who shall be the sole  party  authorized  to  represent  Lender in regard to
modification or waivers under the Convertible Note, the Loan Agreement, or other
Loan Documents;  and any action,  consent or waiver, (other than a compromise of
principal and interest), when given or taken by Lender's agent for notice, shall
be  deemed  to be the  action  of the  holders  of a  majority  in amount of the
Principal  Amount of the Convertible  Notes, as such holders are recorded on the
books of the  Borrower,  and (iii) in  compliance  with the  legend to read "The
Securities  represented by this  Convertible Note have not been registered under
the Securities Act of 1933, as amended  ("Act"),  or applicable state securities
laws ("State  Acts") and shall not be sold,  hypothecated,  donated or otherwise
transferred  unless the Borrower shall have received an opinion of Legal Counsel
for the Borrower, or such other evidence as may be satisfactory to Legal Counsel
for the  Borrower,  to the  effect  that any such  transfer  shall  not  require
registration under the Act and the State Acts."

The Borrower shall be entitled to treat any holder of record of the  Convertible
Note as the Holder in fact thereof and of the Convertible  Note and shall not be
bound  to  recognize  any  equitable  or  other  claim  to or  interest  in this
Convertible  Note in the name of any other person,  whether or not it shall have
express or other  notice  thereof,  save as  expressly  provided  by the laws of
Texas.

     13. Notices:  All notices and  communications  under this  Convertible Note
shall be in  writing  and shall be either  delivered  in person or by  overnight
delivery and  accompanied by a signed receipt  therefor;  or mailed  first-class
United States certified mail,  return receipt  requested,  postage prepaid,  and

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                                     Page 6

                                                     Issuer's Initial __________
<PAGE>

addressed as follows: (i) if to the Borrower at its address for notice as stated
in the Loan Agreement;  and, (ii) if to the holder of this Convertible  Note, to
the address (a) of such  holder as it appears on the books of the  Borrower,  or
(b) in the case of a partial assignment to one or more holders,  to the Lender's
agent for  notice,  as the case may be.  Any  notice of  communication  shall be
deemed given and received as of the date of such  delivery if  delivered;  or if
mailed, then three days after the date of mailing.

     14. Maximum  Interest Rate:  Regardless of any provision  contained in this
Convertible Note, Lender shall never be entitled to receive, collect or apply as
interest on the Convertible Note any amount in excess of interest  calculated at
the Maximum  Rate,  and, in the event that  Lender  ever  receives,  collects or
applies as  interest  any such  excess,  the  amount  which  would be  excessive
interest  shall be deemed to be a partial  prepayment  of principal  and treated
hereunder as such; and, if the principal  amount of the Convertible Note is paid
in  full,  any  remaining  excess  shall  forthwith  be  paid  to  Borrower.  In
determining  whether  or not the  interest  paid or payable  under any  specific
contingency exceeds interest calculated at the Maximum Rate, Borrower and Lender
shall, to the maximum extent  permitted under  applicable law, (i)  characterize
any non principal payment as an expense, fee or premium rather than as interest;
(ii) exclude voluntary  prepayments and the effects thereof, and (iii) amortize,
pro rate,  allocate  and spread,  in equal  parts,  the total amount of interest
throughout the entire  contemplated term of the Convertible Note; provided that,
if the  Convertible  Note is paid and  performed in full prior to the end of the
full  contemplated  term  thereof,  and if the interest  received for the actual
period of existence  thereof  exceeds  interest  calculated at the Maximum Rate,
Lender  shall  refund to Borrower the amount of such excess or credit the amount
of such excess against the principal amount of the Convertible Note and, in such
event,  Lender  shall not be subject to any  penalties  provided by any laws for
contracting for, charging,  taking, reserving or receiving interest in excess of
interest calculated at the Maximum Rate.

     "Maximum  Rate" shall mean, on any day, the less of (i) 18% or (ii) highest
nonusurious  rate of interest (if any)  permitted by applicable  law on such day
that at any time, or from time to time, may be contracted for, taken,  reserved,
charged or received on the Indebtedness  evidenced by the Convertible Note under
the laws which are  presently in effect of the United  States of America and the
State  of Texas or by the laws of any  other  jurisdiction  which  are or may be
applicable to the holders of the Convertible  Note and such  Indebtedness or, to
the extent  permitted by law, under such applicable laws of the United States of
America  and the State of Texas or by the laws of any other  jurisdiction  which
are or may be  applicable  to the holder of the  Convertible  Note and which may
hereafter  be in effect and which allow a higher  maximum  nonusurious  interest
rate than applicable laws now allow.

     15. Rights under Loan Agreement:  This  Convertible Note is issued pursuant
to that  certain Loan  Agreement  dated April 2002 by and between the Lender and
Borrower  (the "Loan  Agreement"),  and the holder hereof is entitled to all the
rights and benefits,  and is subject to all the obligations of Lender under said
agreement.  Both Borrower and Lenders have  participated  in the negotiation and
preparation of the Loan Agreement and of this Convertible Note.  Borrower agrees
that  a  copy  of  the  Loan  Agreement  with  all  amendments,   additions  and
substitutions  therefore  shall be available to the Holder at the offices of the
Borrower.  This  Convertible  Note is secured  pursuant to a security  agreement
dated April 2002

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                                     Page 7

                                                     Issuer's Initial __________
<PAGE>

     16. Governing Law: This Convertible Note shall be governed by and construed
and  enforced  in  accordance  with the laws of the  State of Texas,  or,  where
applicable,  the  laws  of  the  United  States.  There  are no  unwritten  oral
agreements between the parties.

     IN WITNESS  WHEREOF,  the undersigned  Borrower has caused this Convertible
Note to be duly issued and executed on the Date of Issue as stated above.

Address for Notice:                            BEPARIKO BIOCOM
-------------------

One Belmont Ave
GSB Building, Suite 417                        By: /s/ Cecile Coady
                                                  -----------------
Bala Cynwyd, PA 19004                              Cecile Coady
Attn. Steve Harrington                             Title:
Ph. 610 660 5906
Fax. 610 660 5905                              Attest

                                               By:
                                                  ----------------------------
                                                   Name:
                                                   Secretary

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                                     Page 8

                                                     Issuer's Initial __________Exhibit 10.23
                                                                   -------------

THE  SECURITIES  REPRESENTED  BY THESE  WARRANTS AND THE COMMON  STOCK  ISSUABLE
THEREBY HAVE NOT BEEN  REGISTERED  UNDER THE  SECURITIES ACT OF 1933, AS AMENDED
(THE "SECURITIES  ACT"), OR ANY OTHER APPLICABLE  SECURITIES LAW. THE SECURITIES
REPRESENTED  BY THESE  WARRANTS MAY NOT BE  TRANSFERRED,  EXCEPT  PURSUANT TO AN
EFFECTIVE  REGISTRATION  STATEMENT  UNDER,  OR  IN  A  TRANSACTION  EXEMPT  FROM
REGISTRATION  UNDER,  THE  SECURITIES  ACT  AND IN  ACCORDANCE  WITH  ANY  OTHER
APPLICABLE SECURITIES LAWS.

                                    WARRANTS

                           to Purchase Common Stock of

                               BPK Resources, Inc

                             (a Nevada corporation)

                            Expiring on July 29, 2008

Warrant No. 2003-2

     This Common Stock Purchase Warrant (the "Warrant") certifies that for value
received,  Trident Growth Fund, LP f (the "Holder") or its assigns,  is entitled
to subscribe  for and purchase  from the Company (as  hereinafter  defined),  in
whole or in part, 120,000 shares of duly authorized,  validly issued, fully paid
and nonassessable  shares of Common Stock (as hereinafter defined) at an initial
Exercise Price (as hereinafter defined) of $0.38 per share, subject, however, to
the  provisions  and upon the terms and conditions  hereinafter  set forth.  The
number of  Warrants  (as  hereinafter  defined),  the number of shares of Common
Stock  purchasable  hereunder,  and the Exercise Price  therefore are subject to
adjustment as hereinafter  set forth.  These  Warrants and all rights  hereunder
shall expire at 5:00 p.m.,  Houston,  Texas time, July 29, 2008 (the "Expiration
Date").

                                    ARTICLE I

                                   Definitions

     As used  herein,  the  following  terms shall have the  meanings  set forth
below:

     1.1 "Company"  shall mean BPK Resources,  Inc., a Nevada  corporation,  and
shall also  include  any  successor  thereto  with  respect  to the  obligations
hereunder, by merger, consolidation or otherwise.

     1.2  "Common  Stock"  shall mean and include the  Company's  common  stock,
$0.001  par value per share,  authorized  on the date of the  original  issue of
these  Warrants  and  shall  also  include  (i) in case  of any  reorganization,
reclassification,  consolidation,  merger,  share exchange or sale,  transfer or

<PAGE>

other disposition of assets, the stock or other securities  provided for herein,
and (ii) any other  shares of common stock of the Company into which such shares
of Common Stock may be converted.

     1.3  "Exercise  Price"  shall mean the initial  exercise  price of $0.38 as
adjusted from time to time pursuant to the provisions hereof.

     1.4 "Market  Price" for any day, when used with  reference to Common Stock,
shall mean the price of said Common  Stock  determined  by reference to the last
reported sale price for the Common Stock on such day on the principal securities
exchange  on which the Common  Stock is listed or  admitted  to trading or if no
such sale takes  place on such date,  the  average of the  closing bid and asked
prices  thereof as  officially  reported,  or, if not so listed or  admitted  to
trading on any securities exchange,  the last sale price for the Common Stock on
the National  Association of Securities  Dealers  national market system on such
date,  or, if there  shall  have been no  trading  on such date or if the Common
Stock  shall not be listed on such  system,  the  average of the closing bid and
asked prices in the over-the-counter market as furnished by any NASD member firm
selected  from time to time by the  Company  for such  purpose or, if the Common
Stock  is not  traded,  then  such  price  as is  reasonably  determined  by the
Company's Board of Directors.

     1.5  "Warrant"  shall mean the right upon  exercise to purchase one Warrant
Share.

     1.6 "Warrant  Shares"  shall mean the shares of Common  Stock  purchased or
purchasable by the holder hereof upon the exercise of the Warrants.

                                   ARTICLE II

                              Exercise of Warrants

     2.1 Method of Exercise. The Warrants represented hereby may be exercised by
the holder hereof,  in whole or in part, at any time and from time to time on or
after the date hereof until 5:00 p.m.,  Houston,  Texas time, on the  Expiration
Date. To exercise the Warrants,  the holder hereof shall deliver to the Company,
at the Warrant Office designated herein, (i) a written notice in the form of the
Subscription Notice attached as an exhibit hereto,  stating therein the election
of  such  holder  to  exercise  the  Warrants  in  the  manner  provided  in the
Subscription  Notice;  (ii) payment in full of the Exercise Price (A) in cash or
by bank check for all  Warrant  Shares  purchased  hereunder,  or (B)  through a
"cashless" or "net-issue"  exercise of each such Warrant ("Cashless  Exercise");
the holder shall exchange each Warrant  subject to a Cashless  Exercise for that
number of Warrant Shares  determined by multiplying the number of Warrant Shares
issuable hereunder by a fraction, the numerator of which shall be the difference
between (x) the Market Price and (y) the Exercise  Price for each such  Warrant,
and the denominator of which shall be the Market Price; the Subscription  Notice
shall set forth the  calculation  upon which the Cashless  Exercise is based, or
(C) a combination of (A) and (B) above;  and (iii) these Warrants.  The Warrants
shall be deemed to be  exercised  on the date of receipt  by the  Company of the
Subscription Notice, accompanied by payment for the Warrant Shares and surrender
of these  Warrants,  as  aforesaid,  and such date is  referred to herein as the

<PAGE>

"Exercise  Date".  Upon  such  exercise,  the  Company  shall,  as  promptly  as
practicable  and in any event within five  business  days,  issue and deliver to
such holder a  certificate  or  certificates  for the full number of the Warrant
Shares purchased by such holder hereunder,  and shall,  unless the Warrants have
expired,  deliver to the holder hereof a new Warrant  representing the number of
Warrants,  if any,  that shall not have been  exercised,  in all other  respects
identical to these Warrants. As permitted by applicable law, the person in whose
name the  certificates for Common Stock are to be issued shall be deemed to have
become a holder of record of such Common Stock on the Exercise Date and shall be
entitled to all of the benefits of such holder on the Exercise  Date,  including
without  limitation the right to receive  dividends and other  distributions for
which the record date falls on or after the Exercise Date and to exercise voting
rights.

     2.2  Expenses  and Taxes.  The  Company  shall pay all  expenses  and taxes
(including,  without  limitation,  all  documentary,  stamp,  transfer  or other
transactional  taxes) other than income taxes  attributable to the  preparation,
issuance or delivery of the Warrants and of the shares of Common Stock  issuable
upon exercise of the Warrants.

     2.3 Reservation of Shares.  The Company shall ensure that there is reserved
at all times so long as the Warrants  remain  outstanding,  free from preemptive
rights,  out of its authorized but unissued  shares of Common Stock,  solely for
the purpose of effecting  the exercise of the Warrants,  a sufficient  number of
shares of Common Stock to provide for the exercise of the Warrants.

     2.4 Valid  Issuance.  All shares of Common  Stock  that may be issued  upon
exercise of the Warrants will, upon issuance by the Company, be duly and validly
issued,  fully paid and nonassessable and free from all taxes, liens and charges
with respect to the issuance thereof and, without limiting the generality of the
foregoing,  the  Company  shall take no action or fail to take any action  which
will cause a contrary result  (including,  without  limitation,  any action that
would  cause the  Exercise  Price to be less than the par value,  if any, of the
Common Stock).

     2.5  Loan  Agreement.  The  Warrants  represented  hereby  were  issued  on
conjunction  with a Loan Agreement  dated around April __, 2002 and amended from
time to time (the "Loan  Agreement")  between the  Company  and the Holder.  The
Holder shall be entitled to the rights to registration  under the Securities Act
and any applicable  state securities or blue sky laws to the extent set forth in
the registration rights provision found in the Loan Agreement.  The terms of the
registration  rights provisions are hereby  incorporated herein for all purposes
and shall be  considered  a part of this  Warrant  as if they had been fully set
forth herein.

     2.6  Acknowledgment  of Rights. At the time of the exercise of the Warrants
in accordance  with the terms hereof and upon the written  request of the holder
hereof,  the Company will  acknowledge in writing its  continuing  obligation to
afford to such holder any rights (including,  without  limitation,  any right to
registration  of the Warrant  Shares) to which such holder shall  continue to be
entitled  after  such  exercise  in  accordance  with  the  provisions  of these
Warrants;  provided,  however,  that if the Holder hereof shall fail to make any
such  request,  such failure shall not affect the  continuing  obligation of the
Company to afford to such Holder any such rights.

<PAGE>

     2.7 No  Fractional  Shares.  The  Company  shall not be  required  to issue
fractional  shares of Common  Stock on the exercise of these  Warrants.  If more
than one Warrant  shall be  presented  for exercise at the same time by the same
holder,  the number of full shares of Common Stock which shall be issuable  upon
such exercise  shall be computed on the basis of the  aggregate  number of whole
shares of Common Stock purchasable on exercise of the Warrants so presented.  If
any fraction of a share of Common Stock would, except for the provisions of this
Section,  be issuable on the exercise of this Warrant,  the Company shall pay an
amount in cash  calculated by it to be equal to the Market Price of one share of
Common Stock at the time of such exercise  multiplied by such fraction  computed
to the nearest whole cent.

                                   ARTICLE III

                                    Transfer

     3.1  Warrant  Office.  The  Company  shall  maintain  an office for certain
purposes specified herein (the "Warrant  Office"),  which office shall initially
be the Company's  offices at GSB Building,  Suite 417, One Belmont Avenue,  Bala
Cynwyd,  PA 19002 and may subsequently be such other office of the Company or of
any transfer  agent of the Common Stock in the  continental  United States as to
which written notice has previously been given to the Holder.  The Company shall
maintain,  at the  Warrant  Office,  a register  for the  Warrants  in which the
Company  shall  record  the name and  address  of the Person in whose name these
Warrants  has been  issued,  as well as the name and  address of each  permitted
assignee of the rights of the registered owner hereof.

     3.2  Ownership  of  Warrants.  The Company may deem and treat the Person in
whose name the  Warrants  are  registered  as the holder and owner  hereof until
provided  with notice to the  contrary.  The  Warrants  may be  exercised  by an
assignee for the purchase of Warrant Shares without having new Warrants issued.

     3.3   Restrictions   on  Transfer  of  Warrants.   These  Warrants  may  be
transferred,  in whole or in part, by the Holder. The Company agrees to maintain
at the Warrant Office books for the  registration  and transfer of the Warrants.
The Company,  from time to time,  shall register the transfer of the Warrants in
such  books  upon  surrender  of this  Warrant at the  Warrant  Office  properly
endorsed or  accompanied  by  appropriate  instruments  of transfer  and written
instructions for transfer. Upon any such transfer and upon payment by the holder
or its transferee of any applicable transfer taxes, new Warrants shall be issued
to the transferee and the transferor (as their respective  interests may appear)
and the  surrendered  Warrants  shall be cancelled  by the Company.  The Company
shall pay all taxes (other than  securities  transfer taxes or income taxes) and
all other  expenses and charges  payable in connection  with the transfer of the
Warrants pursuant to this Section.

     3.4  Compliance  with  Securities  Laws.   Subject  to  the  terms  of  the
Registration Rights Agreement and notwithstanding any other provisions contained
in these  Warrants,  the  Holder  understands  and  agrees  that  the  following
restrictions  and  limitations  shall be applicable to all Warrant Shares and to
all resales or other transfers thereof pursuant to the Securities Act:

<PAGE>

     3.4.1 The holder hereof  agrees that the Warrant  Shares may not be sold or
otherwise  transferred  unless  the  Warrant  Shares  are  registered  under the
Securities  Act and applicable  state  securities or blue sky laws or are exempt
therefrom.

     3.4.2 A legend in  substantially  the following  form will be placed on the
certificate(s) evidencing the Warrant Shares:

          "THE  SECURITIES  REPRESENTED BY THIS  CERTIFICATE  HAVE NOT
     BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
     "SECURITIES  ACT"), OR ANY OTHER  APPLICABLE  SECURITIES LAW AND,
     ACCORDINGLY,  THE SECURITIES  REPRESENTED BY THIS CERTIFICATE MAY
     NOT BE RESOLD, PLEDGED, OR OTHERWISE TRANSFERRED, EXCEPT PURSUANT
     TO AN EFFECTIVE REGISTRATION STATEMENT UNDER, OR IN A TRANSACTION
     EXEMPT  FROM  REGISTRATION  UNDER,  THE  SECURITIES  ACT  AND  IN
     ACCORDANCE WITH ANY OTHER APPLICABLE SECURITIES LAWS."

                                   ARTICLE IV

                                  Anti-Dilution

     4.1 If and whenever any Additional  Common Stock (as herein defined) shares
shall be issued by the Company (the "Stock Issue Date") for a consideration  per
share less than the Exercise Price,  then in each such case the initial Exercise
Price  shall  be  reduced  to a new  Exercise  Price in an  amount  equal to the
consideration  per share  received by the Company for the  additional  shares of
Common  Stock  then  issued  and the number of shares  issuable  to Holder  upon
conversion shall be proportionately increased; and, in the case of shares issued
without consideration, the initial Exercise Price shall be reduced in amount and
the number of shares issued upon  conversion  shall be increased in an amount so
as to maintain for the Holder the right to exercise  into shares equal in amount
to the same  percentage  interest in the Common  Stock of the Company as existed
for the Holder immediately preceding the Stock Issue Date.

     4.2 Sale of Shares:  In case of the issuance of Additional Common Stock for
a  consideration  part or all of which  shall be cash,  the  amount  of the cash
consideration therefore shall be deemed to be the amount of the cash received by
Company  for such  shares,  after  any  compensation  or  discount  in the sale,
underwriting or purchase thereof by underwriters or dealers or others performing
similar services or for any expenses incurred in connection  therewith.  In case
of the issuance of any shares of  Additional  Common  Stock for a  consideration
part or all of which shall be other than cash,  the amount of the  consideration
therefore,  other than cash, shall be deemed to be the then fair market value of
the property  received as determined  by an investment  banking firm selected by
Lender.

     4.3  Reclassification  of  Shares:  In  case  of  the  reclassification  of
securities  into shares of Common  Stock,  the shares of Common  Stock issued in
such  reclassification  shall be deemed to have been issued for a  consideration

<PAGE>

other than cash.  Shares of Additional Common Stock issued by way of dividend or
other  distribution on any class of stock of the Company shall be deemed to have
been issued without consideration.

     4.4 Split up or  Combination  of Shares:  In case  issued  and  outstanding
shares of Common Stock shall be subdivided or split up into a greater  number of
shares  of the  Common  Stock,  the  Exercise  Price  shall  be  proportionately
decreased,  and in case issued and  outstanding  shares of Common Stock shall be
combined  into a smaller  number of shares of Common Stock,  the Exercise  Price
shall be proportionately  increased,  such increase or decrease, as the case may
be, becoming effective at the time of record of the split-up or combination,  as
the case may be.

     4.5 Exceptions: The term "Additional Common Stock" herein shall mean in the
most broadest sense all shares of Common Stock  hereafter  issued by the Company
(including,  but not limited to Common Stock held in the treasury of the Company
and common stock  purchasable  via derivative  security or option on the date of
such grant ), except  Common  Stock  issued upon the exercise of this warrant or
the Convertible Notes.

     4.6 In the event of  distribution to all Common Stock holders of any stock,
indebtedness of the Company or assets or other rights to purchase  securities or
assets,  then,  after such event, the Exercise Price reduced to so as to entitle
the Holder to the economic  interest he had immediately  prior to the occurrence
of such event.

     4.7 In case of any capital reorganization, reclassification of the stock of
the  Company  (other  than a  change  in par  value  or as a  result  of a stock
dividend,  subdivision,  split up or combination of shares),  the Exercise Price
reduced  to so as to  entitle  the  Holder  to  the  economic  interest  he  had
immediately  prior to the  occurrence  of such event.  The  provisions  of these
foregoing   sentence  shall  similarly  apply  to  successive   reorganizations,
reclassifications,   consolidations,   exchanges,  leases,  transfers  or  other
dispositions or other share exchanges.

     4.8 Notice of  Adjustment.  (A) In the event the Company  shall  propose to
take any action which shall result in an adjustment in the Exercise  Price,  the
Company  shall give notice to the Holder,  which notice shall specify the record
date,  if any,  with respect to such action and the date on which such action is
to take place.  Such  notice  shall be given on or before the earlier of 10 days
before the record date or the date which such action shall be taken. Such notice
shall also set forth all facts (to the extent  known)  material to the effect of
such action on the  Exercise  Price and the  number,  kind or class of shares or
other  securities or property which shall be deliverable or purchasable upon the
occurrence  of such action or  deliverable  upon  exercise  of this  warrant (B)
Following  completion of an event wherein the Exercise  Price shall be adjusted,
the Company  shall  furnish to the Holder a statement,  signed by an  authorized
officer of the Company of the facts creating such  adjustment and specifying the
resultant adjusted Exercise Price then in effect.

<PAGE>

                                    ARTICLE V

                                  Miscellaneous

     5.1 Entire  Agreement.  These  Warrants,  together wit the Loan  Agreement,
contain  the entire  agreement  between the holder  hereof and the Company  with
respect to the Warrant Shares  purchasable  upon exercise hereof and the related
transactions  and  supersedes  all prior  arrangements  or  understandings  with
respect thereto.

     5.2  Governing  Law.  This  warrant  shall be governed by and  construed in
accordance  with the laws of the State of Texas in the courts located in Dallas,
Texas.

     5.3 Waiver and  Amendment.  Any term or provision of these  Warrants may be
waived at any time by the party which is entitled  to the  benefits  thereof and
any term or provision of these  Warrants may be amended or  supplemented  at any
time by agreement of the holder  hereof and the Company,  except that any waiver
of any term or condition, or any amendment or supplementation, of these Warrants
shall be in  writing.  A waiver of any breach or  failure to enforce  any of the
terms or  conditions  of these  Warrants  shall not in any way effect,  limit or
waive a  party's  rights  hereunder  at any time to  enforce  strict  compliance
thereafter with every term or condition of these Warrants.

     5.4  Illegality.  In the  event  that  any one or  more  of the  provisions
contained  in this  Warrant  shall  be  determined  to be  invalid,  illegal  or
unenforceable  in any  respect  for  any  reason,  the  validity,  legality  and
enforceability  of any such  provision  in any other  respect and the  remaining
provisions  of these  Warrants  shall not, at the election of the party for whom
the benefit of the provision exists, be in any way impaired.

     5.5 Copy of  Warrant.  A copy of these  Warrants  shall be filed  among the
records of the Company.

     5.6 Notice.  Any notice or other document required or permitted to be given
or delivered to the holder  hereof shall be in writing and delivered at, or sent
by certified or registered mail to such holder at, the last address shown on the
books of the Company  maintained at the Warrant Office for the  registration  of
these  Warrants or at any more recent  address of which the holder  hereof shall
have notified the Company in writing.

     5.7  Limitation  of  Liability;  Not  Stockholders.  No  provision of these
Warrants  shall be construed as  conferring  upon the holder hereof the right to
vote,  consent,  receive  dividends  or receive  notices  (other  than as herein
expressly  provided) in respect of meetings of stockholders  for the election of
directors of the Company or any other matter  whatsoever as a stockholder of the
Company. No provision hereof, in the absence of affirmative action by the holder
hereof to purchase shares of Common Stock, and no mere enumeration herein of the
rights or privileges of the holder  hereof,  shall give rise to any liability of
such  holder  for the  purchase  price of any  shares  of  Common  Stock or as a
stockholder of the Company, whether such liability is asserted by the Company or
by creditors of the Company.

<PAGE>

     5.8 Exchange, Loss, Destruction,  etc. of Warrant. Upon receipt of evidence
reasonably  satisfactory  to the  Company  of the  loss,  theft,  mutilation  or
destruction  of  these  Warrants,  and in the case of any  such  loss,  theft or
destruction  upon delivery of an appropriate  affidavit in such form as shall be
reasonably satisfactory to the Company and include reasonable indemnification of
the Company,  or in the event of such mutilation upon surrender and cancellation
of these Warrants, the Company will make and deliver new Warrants of like tenor,
in lieu of such lost,  stolen,  destroyed  or mutilated  Warrants.  Any Warrants
issued under the  provisions of this Section in lieu of any Warrants  alleged to
be lost,  destroyed  or  stolen,  or in lieu of any  mutilated  Warrants,  shall
constitute an original contractual  obligation on the part of the Company. These
Warrants shall be promptly  canceled by the Company upon the surrender hereof in
connection  with any exchange or  replacement.  The Company  shall pay all taxes
(other than  securities  transfer  taxes or income taxes) and all other expenses
and charges payable in connection with the  preparation,  execution and delivery
of Warrants pursuant to this Section.

     5.9  Headings.  The Article and Section and other  headings  herein are for
convenience  only and are not a part of this  Warrant  and shall not  affect the
interpretation thereof.

<PAGE>

     IN WITNESS WHEREOF, the Company has caused this Warrant to be signed in its
name dated July 29, 2003

                                            BPK Resources, Inc.

                                            /s/ Cecile Coady
                                            ----------------
                                            Cecile Coady
                                            Title:

                                            --------------------------------
                                            Witness

<PAGE>

                               SUBSCRIPTION NOTICE

     The  undersigned,  the holder of the foregoing  Warrants,  hereby elects to
exercise purchase rights  represented  thereby for, and to purchase  thereunder,
_________  shares of the Common  Stock  covered by such  Warrants,  and herewith
makes payment in full for such shares,  and requests (a) that  certificates  for
such shares  (and any other  securities  or other  property  issuable  upon such
exercise) be issued in the name of, and  delivered  to,  _______________________
and (b), if such shares shall not include all of the shares issuable as provided
in such  Warrants,  that new  Warrants of like tenor and date for the balance of
the shares issuable thereunder be delivered to the undersigned.

                                          -------------------------------------

Date:
     ----------------------------------

<PAGE>

                                   ASSIGNMENT

     For  value  received,   ___________________,   hereby  sells,  assigns  and
transfers  unto these  Warrants,  together  with all rights,  title and interest
therein,  and  does  irrevocably  constitute  and  appoint   ___________________
attorney, to transfer such Warrants on the books of the Company, with full power
of substitution.

                                          -------------------------------------

Date:
     ----------------------------------

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