Document:

EXHIBIT 10.3

                       PREFERRED STOCK PURCHASE AGREEMENT

Certificate of Incorporation.

1.1 Sale and Issuances of the Convertible Series "J" Preferred Stock and Royalty
Certificate(s).

(a)  Subject  to the terms and  conditions  of this  Agreement,  each  Purchaser
severally  and not  jointly  agrees to  purchase  at the Closing and the Company
agrees to sell and issue to each  Purchaser a Convertible  Preferred  Series "J"
and the Royalty  Certificate(s) such Purchaser's on Exhibit A to this Agreement.
The  purchase  price of Stock and Royal  together  is  $500.00  per  share.  The
Company's Agreement with each Purchaser's is a separate Agreement, and the sales
of the Stock and Royal certificate(s) to the Purchasers are separate sales.

(b) The Stock,  when and if issued upon conversion to common shares and Royal is
hereinafter referred to as the "Securities."**

* Stock-Convertible Preferred Series "J" 1999
* Royal- Royalty Certificate(s)

** Securities-Stock and Royal

1.2 Closing;  Delivery.  Singing of  Agreement,  shall take place at the offices
Voyager Group, Inc., 6354 Corte del Abeto Suite F Carlsbad, California 92009, at
10:00 a.m., on August 1999  re-affirmed May 1, 2000 by the board directors or at
such  other  time and place as the  Company,  the  Purchasers  purchasing  total
majority of all the Convertible Series preferred Stock and Royalty  certificates
offered,  have mutually  agree upon,  orally or in writing (which time and place
are designated as the "Closing").

Purchasers  have  caused  a total  of  fifty  thousand  to be  deposited  in the
Company's general Bank account with Union Bank of California account #2300417283
by check  payable,  or wire  transfer  on 6/15/99 - May 1, 2000 ove  $400,000 in
Loans to the Company.

(b) At the Closing,  the Company shall  deliver to each  Purchaser the Stock and
Royal certificate(s) purchased.

2.  Representations and Warranties of the Company. The Company hereby represents
and warrants to each  Purchaser's  that,  except as set forth on the Schedule of
Exceptions  delivered on the date hereof, which exceptions shall be deemed to be
Representations and Warranties as if made hereunder:

2.1 Organization, Good Standing and Qualification.  The Company is a corporation
duly  incorporated,  validly existing and in good standing under the laws of the
State of Nevada and has all requisite  corporate power and authority to carry on
its business as now conducted. The Company

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is  qualified  to transact  business in the State of  California  and is in good
standing under the laws of the State of California.  The Company is not required
to qualify to transact  business  in any other  jurisdiction,  except  where the
failure so to qualify would not have a material  adverse  effect on its business
or properties.

2.2  Capitalization.  Upon filing of the  Designations  and Investors Rights the
authorized  capital  of the  Company  will  consist,  immediately  prior  to the
Closing, of:

(a) One Hundred  (100) shares which have been  designated  Series "J"  Preferred
Stock none of which are issued and outstanding immediately prior to the Closing.
All of the outstanding shares of Preferred Stock has been duly authorized, fully
paid and are no assessable, issued in compliance with all applicable federal and
state  securities  laws,  and are  convertible  into  Common  Stock on a one (1)
preferred share for two hundred twenty thousand (220,000) basis.

(b) Four(4)  Royalty  Certificate(s)  consisting of four (4%) Of the Total Gross
Sales recorded by the Company and additional  grants to Major Investors  defined
herein as purchaser's  owning over Ten Convertible Series "J" Preferred Stock or
common stock issued upon conversion there of) "Rights of First Offer" defined by
Designations and Investors Rights attached hereto as Exhibit B.

The company shall first make an offering of such  securities to Major  Investors
first. All of the outstanding  shares of Common Stock have been duly authorized,
fully paid and are non assessable  and issued in compliance  with all applicable
federal and state securities laws.

(c)  Conversion  privileges  of the  Convertible  Preferred  Stock  and  Royalty
Certificate(s)  payments as set forth in the Designations and Investors'  Rights
(as defined below), the Company has Know outstanding options,  warrants,  rights
(including  conversion  or  preemptive  rights  and  rights of first  refusal or
similar  rights)  or  agreements,  orally or in  writing,  for the  purchase  or
acquisition from the Company of any shares of its capital stock.

2.3  Authorization.  All  corporate  action  on the  part  of the  Company,  its
officers, directors and stockholders necessary for the authorization,  execution
and delivery of this Agreement,  the Designations and Investor Rights Investors'
Rights  in the form  attached  hereto  as  Exhibit  B ( the  "Investors'  Rights
Agreement")  and ( Designations  )and  collectively  with the Investors'  Rights
Agreement and this  Agreement,  the (  "Agreements"),***  the performance of all
obligations  of the Company  hereunder  and  thereunder  and the  authorization,
issuance and delivery of the Securities has been taken or will be taken prior to
the Closing,  and the  Agreements,  when  executed and delivered by the Company,
will  constitute   valid  and  legally  binding   obligations  of  the  Company,
enforceable  against the Company in  accordance  with their terms  except (i) as
limited  by  applicable  bankruptcy,  insolvency,  reorganization,   moratorium,
fraudulent   conveyance,   and  other  laws  of  general  application  affecting
enforcement of creditors' rights  generally,  as limited by laws relating to the
availability  of specific  performance,  injunctive  relief,  or other equitable
remedies, or (ii) to the extent the indemnification  provisions contained in the
Investors'  Rights  Agreement  may be  limited  by  applicable  federal or state
securities laws.

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2.4 Valid  Issuance  of  Securities.  The  Securities  are  being  issued to the
Purchasers  hereunder,  when issued,  sold and delivered in accordance  with the
terms hereof for the consideration  expressed  herein,  will be duly and validly
issued and free of restrictions on transfer other than  restrictions on transfer
under  this  Agreement,   the  Investors'  Rights  and  Designations  Agreements
applicable  state and federal  securities  laws. The Stock that may be issued to
the Purchasers upon  conversion of the  Convertible  Preferred Stock en duly and
validly  reserved for issuance and, when issued and delivered in accordance with
the terms thereof,  will be duly and validly issued and free of  restrictions on
transfer  other  than  restrictions  on  transfer  under  this  Agreement,   the
Investors'  Rights and applicable  state and federal  securities  laws. Based in
part upon the representations of the Purchasers in this Agreement and subject to
the provisions of Section 2.6 below, the Securities will be issued in compliance
with all applicable  federal and state securities laws.  Neither the Company nor
any agent on its behalf has  solicited or will solicit any offers to sell or has
offered  to sell or will  offer to sell all or any part of the Stock or Royal to
any person or persons so as to bring the sale of such Stock or Royal the Company
within the registration provisions of the Securities Act or any state securities
laws. Except as set forth in Section 2.6, no governmental  orders,  permissions,
consents,  approvals  or  authorizations  are  required  to be  obtained  and no
registrations  or  declarations  are required to be filed in connection with the
execution  and delivery of this  Agreement  and the  issuance of the Stock,  the
Royal or Securities, except such as has been duly and validly obtained or filed,
or with respect to any filings  that must be made after the Closing,  as will be
filed in a timely manner. The Common Stock when and if issued upon conversion of
the Stock has been duly and validly reserved for issuance,  and upon issuance in
accordance with the terms of the  designations and Investors Rights will be duly
and validly  issued,  fully paid and non assessable and free of  restrictions on
transfer  other  than  restrictions  on  transfer  under  this  Agreement,   the
Investors'  Rights and Designations and applicable  federal and state securities
laws and will be issued in  compliance  with all  applicable  federal  and state
securities laws.

2.5 Governmental Consents. No consent,  approval,  order or authorization of, or
registration,  qualification,  designation,  declaration  or  filing  with,  any
federal,  state or local  governmental  authority  on the part of the Company is
required in connection with the consummation of the transactions contemplated by
this Agreement.

2.6 Liabilities. The Company has no material liabilities and, to the best of its
knowledge,  knows of no material  contingent  liabilities  not  disclosed in the
Financial Statements, except current liabilities incurred in the ordinary course
of business subsequent to the Statement Date, which have not been, either in any
individual case or in the aggregate, materially adverse.

*** Agreements- Designations and Investors Rights.

2.7 Litigation.  There is no action, suit,  proceeding or investigation  pending
or, to the Company's  knowledge,  currently  threatened against the Company that
questions  the validity of the  Agreements  or the right of the Company to enter
into them, or to consummate the transactions  contemplated hereby or thereby, or
that might result,  either  individually  or in the  aggregate,  in any material
adverse changes in the assets, condition or affairs of the Company,  financially
or  otherwise,  nor is the  Company  aware  that  there  is any  basis  for  the
foregoing. The Company is not a party or subject to the provisions of any order,
writ, injunction, judgment or decree of any court or government agency

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or instrumentality. There is no action, suit, proceeding or investigation by the
company currently pending or that the Company intends to initiate.

2.8  Intellectual  Property.  To its  knowledge,  the Company  owns or possesses
sufficient legal rights to all patents, trademarks,  service marks, trade names,
copyrights,   trade  secrets,  licenses,   information  and  proprietary  rights
necessary  for its  business as now  conducted  without any  conflict  with,  or
infringement  of,  the  rights of  others.  The  Company  has not  received  any
communications  alleging  that the Company has  violated or, by  conducting  its
business,  would violate any of the patents,  trademarks,  service marks,  trade
names, copyrights, trade secrets or other proprietary rights of any other person
or entity. The Company is not aware that any of its employees is obligated under
any contract or other agreement, or subject to any judgment,  decree or order of
any court or  administrative  agency that would  interfere  with the use of such
employee's  best  efforts to promote  the  interest of the Company or that would
conflict with the Company's business.  Neither the execution or delivery of this
Agreement, nor the carrying on of the Company's business as now conducted by the
employees of the Company,  will,  to the Company's  knowledge,  conflict with or
result in a breach of the terms,  conditions,  or provisions of, or constitute a
default  under,  any  contract,  covenant  or  instrument  under  which any such
employee  is now  obligated.  The  Company  does  not  believe  it is or will be
necessary to use any inventions of any of its employees (or persons it currently
intends to hire) made prior to their employment by the Company.

2.9  Compliance  with Other  Instruments.  The  Company is not in  violation  or
default of any  provisions  of its  Articles  of  incorporation  or Bylaws or in
violation  or  default  of any  instrument,  judgment,  order,  writ,  decree or
contract to which it is a party or by which it is bound or, to its knowledge, of
any provision of any federal or state statute,  rule or regulation applicable to
the  Company,  the effect of which would have a material  adverse  effect on the
Company.  The  execution,  delivery and  performance  of the  Agreements and the
consummation of the transactions  contemplated hereby or thereby will not result
in any such violation or be in conflict with or constitute,  with or without the
passage of time and giving of notice, either a default under any such provision,
instrument, judgment, order, writ, decree or contract or an event, which results
in the  creation  of any lien,  charge  or  encumbrance  upon any  assets of the
Company.

2.10  Agreements; Action.

(a)  Except  for  agreements   explicitly   contemplated  hereby  there  are  no
agreements,  understandings or proposed transactions between the Company and any
of its officers,  directors,  affiliate or any  affiliate  thereof that would be
required to be  disclosed  pursuant to  Regulation  S-K, as  promulgated  by the
Securities and Exchange Commission.

(b) Except for agreements explicitly  contemplated by the Agreements,  there are
no agreements,  understandings,  instruments, contracts or proposed transactions
to which  the  Company  is a party or by which  it is  bound  that  involve  (i)
obligations  (contingent or otherwise) of, or payments to, the Company in excess
of, $100,000, (ii) the license of any patent,  copyright,  trade secret or other
proprietary  right to or from the Company  (other than  standard "off the shelf"
product  licenses),  or (iii)  the  grant of  rights  to  manufacture,  produce,
assemble,  license,  market,  or sell its products to any other person or affect
the Company's exclusive right to develop, manufacture, assemble, distribute,

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market or sell its products.

(c) The Company has not (i) declared or paid any  dividends,  or  authorized  or
made any distribution upon or with respect to any class or series of its capital
stock,  (ii) incurred any  indebtedness for money borrowed or incurred any other
liabilities  individually  in excess of  $10,000  or in excess of $50,000 in the
aggregate,  (iii) made any loans or advances to any person,  other than ordinary
advances for business expenses, or (iv) sold, exchanged or otherwise disposed of
any of its assets or rights, other than in the ordinary course of business.

(d) For the  purposes  of  subsections  (b) and  (c)  above,  all  indebtedness,
liabilities,  agreements,  understandings,  instruments,  contracts and proposed
transactions  involving the same person or entity (including persons or entities
the Company has reason to believe are affiliated  therewith) shall be aggregated
for the  purpose  of  meeting  the  individual  minimum  dollar  amounts of such
subsections.

2.11  No  Conflict  of  Interest.  The  Company  is not  indebted,  directly  or
indirectly, to any of its officers or directors or to they're respective spouses
or children,  in any amount whatsoever other than in connection with expenses or
advances of expenses  incurred in the ordinary  course of business or relocation
expenses of  employees.  None of the  Company's  officers or  directors,  or any
members of their immediate  families,  are, directly or indirectly,  indebted to
the Company (other than in connection with purchases of the Company's stock) or,
to the Company's  knowledge,  have any direct or indirect  ownership interest in
any firm or  corporation  with which the Company is affiliated or with which the
Company has a business  relationship,  or any firm or corporation  that competes
with the Company except that officers, directors and/or existing stockholders of
the Company may own stock in (but not exceeding  two percent of the  outstanding
capital stock of) any publicly traded company that may compete with the Company.
To the Company's  knowledge,  none of the Company's officers or directors or any
members of their immediate  families are, directly or indirectly,  interested in
any  material  contract  with the  Company.  The Company is not a  guarantor  or
indemnitor of any indebtedness of any other person, firm or corporation.

2.12 Rights of  Registration  and Voting Rights.  Except as  contemplated in the
Investors' Rights Agreement,  the Company has not granted or agreed to grant any
registration rights, including piggyback rights, to any person or entity.

2.13 Title to Property  and Assets.  With  respect to the property and assets it
leases,  the Company is in  compliance  with such leases and, to its  knowledge,
holds a valid leasehold interest free of any liens, claims or encumbrances.

2.14  Changes.  Since the Company's inception, there has been:

(g) payments made by the Company to the benefit of former officers or directors,
and members of their immediate families,  not made in the ordinary course of its
business;

(h) declaration, setting aside payments and other distribution in respect to any
of the Company's capital stock, which were set aside by the Company;

<PAGE>

(i) without Company's knowledge, other event and condition that might materially
and adversely affect the financial condition of the Company;

(j) and  arrangements  by former  officers  and  directors  of the Company to do
things described in this Section 2.14.

2.15 Tax Returns and Payments. The Company has filed all tax returns and reports
as  required  by law.  These  returns  and  reports  are true and correct in all
material respects. The Company has paid all taxes and other assessments due.

2.16 Labor  Agreements  and  Actions.  The Company is not bound by or subject to
(and none of its assets or  properties is bound by or subject to) any written or
oral,  express or implied,  contract,  commitment or arrangement  with any labor
union, and no labor union has requested or, to the knowledge of the Company, has
sought  to  represent  any of the  employees,  representatives  or agents of the
Company.  There is no  strike  or other  labor  dispute  involving  the  Company
pending,  or to the  knowledge  of the  Company  threatened,  which could have a
material  adverse  effect  on  the  assets,  properties,   financial  condition,
operating results,  or business of the Company,  nor is the Company aware of any
labor  organization  activity  involving its  employees.  The employment of each
officer and employee of the Company are  terminable  at the will of the Company.
To its  knowledge,  the Company has complied in all material  respects  with all
applicable  state and federal equal  employment  opportunity laws and with other
laws  related to  employment.  To the  Company's  knowledge,  no employee of the
Company,  nor any  consultant  with  whom  the  Company  has  contracted,  is in
violation  of any  term  of any  employment  contract,  proprietary  information
agreement or any other agreement relating to the right of any such individual to
be employed by, or to contract  with,  the Company  because of the nature of the
business  to be  conducted  by the  Company  that would have a material  adverse
effect on the Company;  and to the Company's knowledge the continued  employment
by the Company of its present  employees,  and the  performance of the Company's
contracts  with  its  independent  contractors,  will  not  result  in any  such
violation  that would  have a material  adverse  effect on the  Company.  To its
knowledge,  the  Company  has not  received  any notice  alleging  that any such
violation has occurred.

2.17  Confidential   Information  and  Invention  Assignment  Agreements.   Each
employee,  consultant  and officer of the Company has executed an agreement with
the Company regarding  confidentiality  and proprietary  information in the form
provided to the  Purchasers.  The Company is not aware that any of its employees
or  consultants  is in  violation  thereof,  and the  Company  will use its best
efforts to prevent any such violation.

2.18  Compliance  with Laws;  Permits.  To its knowledge,  the Company is not in
violation of any applicable statute, rule,  regulation,  order or restriction of
any domestic or foreign  government or any  instrumentality or agency thereof in
respect of the conduct of its business or the ownership of its properties  which
violation  would   materially  and  adversely   affect  the  business,   assets,
liabilities,  financial  condition,  operations or prospects of the Company. The
Company  has  all  franchises,  permits,  licenses  and  any  similar  authority
necessary  for the conduct of its business,  the lack of which could  materially
and adversely affect the business, properties, prospects, or financial condition
of the Company.  The Company is not in default in any material respect under any
of such franchises,

<PAGE>

permits, licenses or other similar authority.

2.19  Corporate  Documents.  The documents and  Designations,  Investors  Rights
restating  Certificate of Company  articles and Bylaws of the Company are in the
form made available to counsel for the Purchaser's. The copy of the minute books
of the  Company  made  available  to the  Purchaser's  contains  minutes  of all
meetings  of  directors  and  stockholders  and all  actions by written  consent
without  a  meeting  by  the  directors  and  stockholders  since  the  date  of
incorporation  and reflects all actions by the directors and  stockholders  with
respect  to all  transactions  referred  to in such  minutes  accurately  in all
material respects.

2.20 Full Disclosure.  This Agreement,  the Exhibits hereto,  the Agreements and
all other documents delivered by the Company to Purchasers or their attorneys or
agents in connection herewith or therewith or with the transactions contemplated
hereby or thereby,  do not contain any untrue  statement of a material fact nor,
to the Company's knowledge,  omit to state a material fact necessary in order to
make the statements  contained  herein or therein not misleading in light of the
circumstances under which they were made. To the Company's knowledge,  there are
no facts which  (individually or in the aggregate)  materially  adversely affect
the business, assets, liabilities,  financial condition, prospects or operations
of the  Company  that have not been set forth in the  Agreements,  the  Exhibits
hereto,  or in other  documents  delivered to Purchasers  or their  attorneys or
agents in connection herewith.

3.  Representations  and Warranties of the  Purchaser's.  Each Purchaser  hereby
represents and warrants to the Company that:

3.1  Authorization.  Such  Purchaser  has full power and authority to enter into
this Agreement.  The  Agreements,  when executed and delivered by the Purchaser,
will  constitute  valid  and  legally  binding  obligations  of  the  Purchaser,
enforceable in accordance with their terms,  except (a) as limited by applicable
bankruptcy, insolvency,  reorganization,  moratorium, fraudulent conveyance, and
any other laws of general application affecting enforcement of creditors' rights
generally,  and as limited by laws  relating to the  availability  of a specific
performance,  injunctive  relief,  or other  equitable  remedies,  or (b) to the
extent the indemnification  provisions contained in the Investors' Rights may be
limited by applicable federal or state securities laws.

3.2 Purchase Entirely for Own Account. This Agreement is made with the Purchaser
in reliance upon the  Purchaser's  representation  to the Company,  which by the
Purchaser's execution of this Agreement, the Purchaser hereby confirms, that the
Securities to be acquired by the Purchaser  will be acquired for  investment for
the Purchaser's own account,  not as a nominee or agent,  and not with a view to
the resale or  distribution  of any part thereof,  and that the Purchaser has no
present  intention  of selling,  granting  any  participation  in, or  otherwise
distributing  the same.  By executing  this  Agreement,  the  Purchaser  further
represents that the Purchaser does not presently have any contract, undertaking,
agreement  or   arrangement   with  any  person  to  sell,   transfer  or  grant
participation to such person or to any third person,  with respect to any of the
Securities.  The  Purchaser  has not been  formed  for the  specific  purpose of
acquiring the Securities.

<PAGE>

3.3 Disclosure of Information. The Purchaser's has had an opportunity to discuss
the  Company's  business,  management,  financial  affairs  and  the  terms  and
conditions  of the offering of the Stock with the Company's  management  and has
had  an  opportunity  to  review  the  Company's  facilities.   The  Purchaser's
understands that such discussions,  as well as any written information delivered
by the Company to the Purchaser's,  were intended to describe the aspects of the
Company's business that it believes to be material.

3.4 Restricted  Securities.  The Purchaser  understands that the Securities have
not been, and will not be,  registered  under the Securities Act, by reason of a
specific exemption from the registration provisions of the Securities Act, which
depends upon, among other things,  the bona fide nature of the investment intent
and the accuracy of the Purchaser's  representations  as expressed  herein.  The
Purchaser  understands  that the Securities are  "restricted  securities"  under
applicable U.S.  federal and state  securities laws and that,  pursuant to these
laws,  the  Purchaser  must hold the  Securities  indefinitely  unless  they are
registered  with the Securities  and Exchange  Commission and qualified by state
authorities,   or  an  exemption  from  such   registration  and   qualification
requirements are available.  The Purchaser  acknowledges that the Company has no
obligation to register or qualify the  Securities for resale except as set forth
in  the  Investors'  Rights.  The  Purchaser  further  acknowledges  that  if an
exemption from registration or qualification is available, it may be conditioned
on various  requirements  including,  but not limited to, the time and manner of
sale, the holding period for the Securities, and on requirements relating to the
Company that are outside of the  Purchaser's  control,  and which the Company is
under no obligation and May not be able to satisfy.

3.5 No Public Market. The Purchaser understands that no public market now exists
for any of the Securities  issued by the Company,  and that the Company has made
no assurances that a public market will ever exist for the Securities.

3.6 Legends. The Purchaser's understands that the Securities, and any securities
issued in respect  thereof  or  exchange  therefore,  may bear one or all of the
following legends:

(a) "THE  SECURITIES  REPRESENTED BY THIS  CERTIFICATE  HAVE NOT BEEN REGISTERED
UNDER THE  SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT
WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH
SALE OR DISTRIBUTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT
RELATED  THERETO OR AN OPINION OF COUNSEL IN A FORM  SATISFACTORY TO THE COMPANY
THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933."

(b) Any legend set forth in the other Agreements.

(c) Any legend  required  by the Blue Sky laws of any state to the  extent  such
laws are applicable to the shares represented by the certificate so legended.

3.7 Accredited  Investor.  The Purchaser is an accredited investor as defined in
Rule 501(a) of
Regulation D promulgated under the Securities Act.

<PAGE>

4. Conditions of the Purchasers' Obligations at Closing. The obligations of each
Purchaser to the Company under this Agreement are subject to the fulfillment, on
or before the Closing,  of each of the following  conditions,  unless  otherwise
waived:

4.1  Representations  and Warranties.  The representations and warranties of the
Company  contained  in  Section  2 shall be true  and  correct  in all  material
respects  on  and as of  the  Closing  with  the  same  effect  as  though  such
representations  and  warranties  had  been  made  on and as of the  date of the
Closing.

4.2  Performance.  The  Company  shall  have  performed  and  complied  with all
covenants,  agreements,  obligations and conditions  contained in this Agreement
that is required to be performed or complied with by it on or before the Closing
and, except as set forth in Section 2.6, the Company shall have obtained any and
all consents,  permits and waivers  necessary or appropriate for consummation of
the transactions contemplated by the Agreement and the Agreements.

4.3  Reservation  of  Conversion  Shares.  The  Stock  when and if  issued  upon
conversion of the  Convertible  Preferred  stock and the Securities  when and if
issued upon conversion of the Stock shall have been duly authorized and reserved
for issuance upon such conversions.

4.4  Qualifications.  Except as  described  in  Section  6, all  authorizations,
approvals or permits,  if any, of any governmental  authority or regulatory body
of the United  States or of any state that are required in  connection  with the
lawful  issuance  and sale of the  Notes  pursuant  to this  Agreement  shall be
obtained and effective as of the Closing.

4.5  Investors'  Rights &  Designations.  The Company,  each  Purchaser  and the
parties  thereto  shall  have  executed  and  delivered  the  Investors'  Rights
Agreement in substantially the form attached as Exhibit B.

4.6 Certifications.  The Company shall have filed the appropriate documents with
the  Secretary  of State of  Nevada  on or prior  to the  Closing,  which  shall
continue to be in full force and effect as of the Closing.

5.  Conditions of the Company's  Obligations at Closing.  The obligations of the
Company to each Purchaser  under this Agreement are subject to the  fulfillment,
on or before the Closing, of each of the following conditions,  unless otherwise
waived:

5.1 Representations  and Warranties.  The representations and warranties of each
Purchaser  contained  in  Section 3 shall be true and  correct  in all  material
respects  on  and as of  the  Closing  with  the  same  effect  as  though  such
representations and warranties had been made on and as of the Closing.

5.2  Performance.  All covenants,  agreements  and conditions  contained in this
Agreement  to be performed by the  Purchasers  on or prior to the Closing  shall
have been performed or complied with in all material respects.

<PAGE>

5.3  Qualifications.  Except as  described  in  Section  6, all  authorizations,
approvals or permits,  if any, of any governmental  authority or regulatory body
of the United  States or of any state that are required in  connection  with the
lawful  issuance  and sale of the  Stock  pursuant  to this  Agreement  shall be
obtained and effective as of the Closing.

5.4 Investors' Rights & Designations.  The Company and each Purchaser shall have
executed and delivered the Investors' Rights & Designations in substantially the
form attached as Exhibit B.

5.5  Nevada  Certificates.  The  Company  shall  have  filed all  documents  the
Restating  Certificate  with the Secretary of State of Nevada on or prior to the
Closing, which shall continue to be in full force and effect as of the Closing.

6. Nevada Law. Holders of Series "J" Preferred Stock,  outstanding shall vote as
a separate class.

7.   Miscellaneous.

7.1 Survival of Warranties. The warranties, representations and covenants of the
Company and the Purchasers contained in or made pursuant to this Agreement shall
survive  any  investigation  made  by  any  Purchaser  and  the  closing  of the
transactions contemplated hereby.

7.2 Transfer; Successors and Assigns. The terms and conditions of this Agreement
shall inure to the benefit of and be binding upon the respective  successors and
assigns of the  parties.  Nothing in this  Agreement,  express  or  implied,  is
intended  to  confer  upon any  party  other  than the  parties  hereto or their
respective  successors  and  assigns  any  rights,  remedies,   obligations,  or
liabilities under or by reason of this Agreement,  except as expressly  provided
in this Agreement.

7.3 Governing Law. This Agreement and all acts and transactions  pursuant hereto
and the  rights  and  obligations  of the  parties  hereto  shall  be  governed,
construed  and  interpreted  in  accordance  with  the  laws  of  the  State  of
California, without giving effect to principles of conflicts of law.

7.4  Counterparts.  This Agreement may be executed in two or more  counterparts,
each of which  shall be  deemed  an  original  and all of which  together  shall
constitute one instrument.

7.5 Titles and  Subtitles.  The titles and subtitles  used in this  Agreement is
used  for  convenience  only  and is  not  to be  considered  in  construing  or
interpreting this Agreement.

7.6 Notices.  Any notice  required or permitted  by this  Agreement  shall be in
writing and shall be deemed sufficient upon delivery,  when delivered personally
or by overnight  courier or sent by telegram or fax, or  forty-eight  (48) hours
after being  deposited in the U.S. mail, as certified or registered  mail,  with
postage  prepaid,  addressed to the party to be notified at such party's address
as set forth on the  signature  page or  Exhibit A  hereto,  or as  subsequently
modified by written notice, and if to the Company.

7.7 Finder's Fee. Each party represents that it neither is nor will be obligated
for any finder's fee or  commission in connection  with this  transaction.  Each
Purchaser agrees to indemnify and to hold

<PAGE>

harmless the Company from any liability for any  commission or  compensation  in
the nature of a finder's fee (and the costs and  expenses of  defending  against
such  liability or asserted  liability)  for which each  Purchaser or any of its
officers,  employees, or representatives are responsible.  The Company agrees to
indemnify and hold harmless each Purchaser from any liability for any commission
or  compensation  in the nature of a finder's fee (and the costs and expenses of
defending against such liability or asserted liability) for which the Company or
any of its officers, employees or representatives are responsible.

7.8 Fees and Expenses. If the Closing is consummated,  the Company shall pay the
reasonable fees and expenses of one special counsel for the Purchasers, incurred
with  respect  to this  Agreement,  the  documents  referred  to herein  and the
transactions contemplated hereby and thereby, provided such fees and expenses do
not exceed  $15,000.  Except as provided  above,  the Company and each Purchaser
shall pay their respective  filing fees and other expense in connection with all
filings they are required by law.

7.9 Attorney's Fees. If any action at law or in equity  (including  arbitration)
is  necessary to enforce or interpret  the terms of any of the  Agreements,  the
prevailing  party shall be  entitled to  reasonable  attorneys  fees,  costs and
necessary  disbursements in addition to any other relief to which such party may
be entitled.

7.10 Amendments and Waivers. Any term of this Agreement may be amended or waived
only with the written  consent of the Company and the  Purchasers  of at least a
majority of the Convertible  Preferred Stock purchased hereunder.  Any amendment
or waiver  effected in  accordance  with this Section 7.10 shall be binding upon
the Purchasers and each transferee of the Securities,  each future holder of all
such Securities, and the Company.

7.11  Severability.  If one or more  provisions of this Agreement are held to be
unenforceable  under  applicable  law,  the parties  agree to  renegotiate  such
provision in good faith.  In the event that the parties  cannot reach a mutually
agreeable  and  enforceable  replacement  for  such  provision,  then  (a)  such
provision  shall  be  excluded  from  this  Agreement,  (b) the  balance  of the
Agreement shall be interpreted as if such provision were so excluded and (c) the
balance of the Agreement shall be enforceable in accordance with its terms.

7.12 Delays or Omissions.  No delay or omission to exercise any right,  power or
remedy accruing to any party under this Agreement, upon any breach or default of
any other  party under this  Agreement,  shall  impair any such right,  power or
remedy of such  non-breaching or non-defaulting  party nor shall it is construed
to be a waiver of any such breach or default, or acquiescence  therein, or of or
in any similar breach or default thereafter  occurring;  nor shall any waiver of
any single  breach or default be deemed a waiver of any other  breach or default
theretofore or thereafter occurring.  Any waiver, permit, consent or approval of
any kind or  character  on the part of any party of any breach or default  under
this  Agreement,  or any  waiver on the part of any party of any  provisions  or
conditions of this Agreement,  must be in writing and shall be effective only to
the extent  specifically set forth in such writing.  All remedies,  either under
this Agreement or by law or otherwise afforded to any party, shall be cumulative
and not alternative.

<PAGE>

7.13 Entire  Agreement.  This  Agreement,  and the documents  referred to herein
constitute the entire  agreement  between the parties  hereto  pertaining to the
subject matter hereof, and any and all other written or oral agreements relating
to the subject matter hereof  existing  between the parties hereto are expressly
canceled.

7.14 Corporate Securities Law. THE SALE OF THE SECURITIES, WHICH ARE THE SUBJECT
OF THIS AGREEMENT HAS NOT BEEN QUALIFIED WITH THE  COMMISSIONER  OF CORPORATIONS
OF THE STATE OF CALIFORNIA  AND THE ISSUANCE OF THE SECURITIES OR THE PAYMENT OR
RECEIPT OF ANY PART OF THE CONSIDERATION  THEREFOR PRIOR TO THE QUALIFICATION IS
UNLAWFUL,  UNLESS THE SALE OF  SECURITIES  IS EXEMPT FROM THE  QUALIFICATION  BY
SECTION 25100, 25102 OR 25105 OF THE CALIFORNIA CORPORATIONS CODE. THE RIGHTS OF
ALL PARTIES TO THIS AGREEMENT ARE EXPRESSLY  CONDITIONED UPON THE  QUALIFICATION
BEING OBTAINED UNLESS THE SALE IS SO EXEMPT.

7.15  Confidentiality.  Except as provided below, each party hereto agrees that,
except with the prior  written  permission  of the other party,  it shall at all
times keep  confidential  and not divulge,  furnish or make accessible to anyone
any  confidential  information,  knowledge or data concerning or relating to the
business or financial  affairs of the other parties to which such party has been
or shall become privy by reason of this  Agreement,  discussions or negotiations
relating to this Agreement,  the performance of its obligations hereunder or the
ownership of Stock  purchased  hereunder.  The  provisions  of this Section 7.15
shall be in addition  to, and not in  substitution  for, the  provisions  of any
separate nondisclosure  agreement executed by the parties hereto with respect to
the transactions  contemplated  hereby.  Notwithstanding the foregoing,  nothing
herein shall prevent any party from  disclosing (i) such  information  which has
been publicly  disclosed,  (ii) such information  which becomes available to the
party on a  non-confidential  basis  from a source  other  than a party  hereto,
provided that such source is not bound by confidentiality with such party, (iii)
information required to be disclosed pursuant to subpoena or other court process
or otherwise  required by law and (iv) such  information was known to such party
prior to its first receipt from the other party.  Notwithstanding  the foregoing
provisions of this Section

7.16 Exculpation  Among Purchasers.  Each Purchaser  acknowledges that it is not
relying  upon any person,  firm or  corporation,  other than the Company and its
officers and  directors,  in making its  investment or decision to invest in the
Company. Each Purchaser agrees that no Purchaser nor the respective  controlling
persons,  officers,  directors,  partners, agents, or employees of any Purchaser
shall be liable to any other  Purchaser  for any action  heretofore or hereafter
taken or omitted to be taken by any of them in  connection  with the purchase of
the Securities.

The parties have executed this Series "J" Preferred Stock & Royalty  Certificate
Purchase Agreement as of the date first written above.

<PAGE>

SIGNATURE PAGE.
COMPANY:

Voyager Group, Inc

By: /S/ Michael Johnson

Name: /S/  Michael Johnson
Title: Vice President, Secretary and DirectorEXHIBIT 10.3.1

THE VOYAGER GROUP INC

File number # 246-8-058.
Filed-  May 17,00

Designation  of  Rights,  Privileges,   Preferences,   Powers,   Qualifications,
Limitations &  Restrictions  of  Convertible  Preferred  Stock Series J - 1999 &
Royalty Certificates.

Pursuant to the  provisions  of Sections 151 of the Delaware  General  Corporate
laws, the  undersigned  corporation  hereby adopts the following  Designation of
Rights,  Privileges,   Preferences,   Powers,   Qualifications,   Limitations  &
Restriction of the Convertible Preferred Series"J"-1999, & Royalty Certificates

{The Designations}

FIRST:

The name of the corporation is Voyager Group Inc.

SECOND:

The following  resolution  established a Convertible  Preferred Stock Series J -
1999  (hereinafter  referred to as "J")  consisting of One Hundred  Shares,  Par
Value  $0.001,  & Royalty  Certificates  consisting of four percent of the total
gross sales  recorded by the company and duly  adopted by the Board of Directors
and majority  shareholders  of the corporation on May 1, 2000 in accordance with
the Delaware General Corporate Law:

RESOLVED,

The  Board  of  Directors  and  majority   shareholders  has  hereby  created  a
Convertible  stock  designated as the  "Convertible  Preferred  Stock Series J -
1999"  consisting  of  one  hundred  shares,  par  value-  $0.001,  and  royalty
certificates with the following  Powers,  Preferences,  Rights,  Qualifications,
Limitations, & Restrictions so listed:

{DESIGNATION}
1. LIQUIDATION

1.01 In the event of any  voluntary or  involuntary  or  liquidation's  (whether
complete of partial), dissolution, or winding up of the corporation, the holders
of series  "J"  shares  shall be  entitled  to be paid out of the  assets of the
corporation  available  for  distribution  to  its  shareholders,  whether  from
Capital,  Surplus or Earnings,  an amount in cash equal to the net book value of
the corporation on the date of liquidation,  plus all unpaid dividends,  whether
or not previously  declared,  accrued thereon to the date of final distribution.
Know distribution shall be made of any common stock, convertible preferred stock
AA 1996 or any other series of preferred  stock of the  corporation by reason of
any  voluntary  or  involuntary   liquidation  (whether  complete  or  partial),
dissolution or winding up of the

<PAGE>

corporation  unless each holder of series "J" shall have received all amounts to
which such series "J" holders shall be entitled under this subsection 1.01.

1.02 If on any liquidation (whether complete or partial), dissolution or winding
up of the assets of the  corporation  available for  distribution  to holders of
series "J" shall be  insufficient  to pay the holders of outstanding  series "J"
the full amount to which they  otherwise  would be entitled  under section 1.01,
the assets of the  corporation  available for  distribution to holders of series
"J" shall be  distributed to them on the basis of the number of shares of series
"J" stock held by each such holder

1.03 Certain Acquisitions.

A. Demand  Liquidation.  For the purposes of this  Section  1.03 a  liquidation,
dissolution  or  winding up of the  corporation  shall be deemed to occur if the
corporation  shall (i) sell, convey or otherwise dispose of all or substantially
all of its  property  or  business  or  merge  or  consolidate  with  any  other
corporation  (other  than a  wholly  owned  subsidiary  corporation)  where  the
stockholders  of the  corporation  own less than fifty percent 50% of the voting
power of the surviving  entity after such merger or consolidation or (ii) effect
any other transaction or series of related  transaction in which more than fifty
percent 50% of the voting power of the  corporation is disposed of provided that
this Section 1.03 shall not apply to merger  effected  solely for the purpose of
changing domicile of the corporation.

B. Valuation of Consideration. In the event of a demand liquidation as described
in Section  1.03(i) above if the  consideration  received by the  corporation is
other than cash its value will be deemed its fair market value.

Any securities shall be valued as follows:

1.Securities  not subject to investment  letter or other similar  restriction on
free marketability:

         a. If traded on a securities  exchange or the NASSDAQ  stock market the
         value shall be the average of the closing  prices of the  securities on
         such exchange over the thirty day period ending three (3) days prior to
         the closing;

         b. If actively traded over the counter, the value shall be deemed to be
         the average of the closing bid or sale prices which ever is  applicable
         over the thirty day period ending thirty days prior to he closing; and

         c.If  there is no active  public  market,  the value  shall be the fair
         market value there of, as mutually  determined by the  corporation  and
         the  holders  of at  least  a  majority  of  the  voting  of  all  then
         outstanding series "J" preferred stock.

         d.The method of valuation of securities subject to investment letter or
         other restrictions on free marketability (other than restricted arising
         solely by virtue of a  stockholder's  status as an  affiliate or former
         affiliate  shall make an  appropriate  discount  from the market  value
         determined as above is Section  1.03(B)(1)  to reflect the  approximate
         fair market value

<PAGE>

         thereof,  as mutually determined by the corporation and the corporation
         and the holders of at least a majority of the voting  power of all then
         outstanding shares of series "J" preferred stock.

C. Notice of transaction.  The corporation  shall give each holders of record of
series "J" Preferred  stock written  notice of such  impending  transaction  not
later than (10) days  prior to the  closing of such  transaction,  whichever  is
earlier,  and shall also notify such holders in writing of the final approval of
such  transaction.  The first of such notices shall  describe the material terms
and conditions of the impending  transaction  and the provisions of this Section
1.03 and the corporation  shall  hereinafter  give such holders prompt notice of
any material  changes.  The transaction shall in no event take place sooner than
then (10) days after the  corporation  has given the first  notice  provided for
herein or sooner than five (5) days after the  corporation  has given  notice of
any material changes provided for herein.

D. Effect of Noncompliance.  In the event the requirements of Section 1.03 1 are
not complied with, the corporation  shall forthwith  either cause the closing of
the transaction to be postponed until such  requirement  have been complied with
or  cancel  such  transaction,  in  which  event  the  Rights,  Preferences  and
Privileges of the holders of the "J" preferred  stock shall revert to and be the
same as such rights,  preferences and privileges  existing  immediately prior to
the date of the first notice referred to in Section 1 (103)(1) hereof.

2.VOTING RIGHTS

201 The holder of Series J" preferred stock shall have the right to vote 220,000
share of common stock for one share of Series "J" preferred  stock,  which could
be converted to common  stock and with respect to such vote such  preferred  "J"
holder shall have full voting  rights and powers equal to the voting  rights and
powers of the  holders  of common  stock and are  entitled  notwithstanding  any
provisions  thereof  to of any  stockholders'  meeting  in  accordance  with the
by-laws of the corporation and shall be entitled to vote,  together with holders
of common stock, with respect to any question upon which holders of common stock
have the right to vote.

2.02 The holders of series "J' preferred stock shall have the right to vote as a
separate class of stock.

3.DIVIDENED PROVISIONS

3.01 J" series  holders as a class is entitled  to  establish  dividends,  which
shall be  entitled to receive  dividends,  out of any assets  legally  available
hereof,  prior and in  preference  to any  decoration of payment of any dividend
(payable other than in Common stock or other  securities and rights  convertible
into or  entitling  the  holder  thereof  to  receive,  directly  or  indirectly
additional  shares of common  stock of the  corporation).  Series "J"  preferred
stock is adjusted for any stock dividends combinations splits, re-capitalization
and the like if  declared by the Board of  Directors.  Such  dividends  shall be
cumulative.  In addition, in the event dividends are paid on any share of common
stock,  an  additional  dividend  shall be paid with respect to all  outstanding
shares of "J" preferred stock in an amount equal per share if and when issued as
converted  basis to the amount paid or set aside for each share of common  stock
of the corporation  whenever funds are legally  available thereof when as and if
declared by the Board of Directors.

<PAGE>

4.REDEMTION.

4.01    The "J" series Preferred Stock is not
Redeemable.

5.CONVERSION OF "J" SERIES PREFERRED STOCK.

5.01 Holders of record of any series "J" shares shall have the rights,  at there
option,  any time after  issuance of said  series,  to convert each share of "J"
series  surrendering,  their  certificates'  "J" series for converted  corporate
common stock,  for which there is know charge into such number of fully paid and
non-accessible common stock.

5.02  Series "J" "Conversion Rights" are as follows:

1.Series  J"  conversion  ratio to common  stock of the  corporation  is one "J"
series for two hundred twenty thousand common shares.

2.Automatic Conversion.
"J" Series preferred shall convert Converted to shares of common stock at the so
stated  conversion ration of common stock except as provided below in Section 6,
the  corporation's  sale of its common stock in an underwritten  public offering
pursuant  to a  registration  statement  under the  securities  act of 1933,  as
amended (the  "Securities Act "), the public offering price of which is not less
than $10.00 per share  (appropriately  adjusted for any stock split,  dividends,
combination or other re-capitalization) and which results in gross cash proceeds
in excess of  $15,000,000  and (ii) the date  specified  by  written  consent or
agreement  of the  holders  of at least two thirds  (2/3) have then  outstanding
shares of "J" series preferred stock voting as a class.

3.Mechanics of Conversion.
Before  any  holder of series "J" shall be  entitled  to  convert  the same into
shares of common stock,  he shall  surrender  the  certificate  or  certificates
therefore,  duly  endorse at the office of the  corporation  or of any  transfer
agent for such series and shall give written  notice to the  corporation  at its
principal  corporate  office of the election to convert the same and shall state
therein the name of names in which the certificate or certificates for shares of
common  stock are to be  issued.  If the  conversion  is in  connection  with an
underwritten  offering or securities  registered  pursuant to the Securities Act
the conversion  may at the option of any holder  tendering such "J' series stock
for conversion, be conditioned upon the closing with the underwriter of the sale
of securities  pursuant to such offering,  in which event the person(s) entitled
to receive  common stock upon  conversion of such "J" series shall not be deemed
to have converted such series "J" until immediately prior to the closing of such
sale of  securities.  If the  conversion is on connection  with an  underwritten
offering of securities  registered pursuant to the Securities Act the conversion
may at the option of any holder  tendering  such Series "J" preferred  stock for
conversion be conditioned  upon the closing with the underwriters of the sale of
securities  pursuant to such offering in which event the persons(s)  entitled to
receive  common stock upon  conversion of such Series "J" shall not be deemed to
have converted such series "J" preferred  stork until  immediately  prior to the
closing of such sale of securities.

<PAGE>

6.Conversion  adjustments for splits and  combination and other  distribution of
series "J" preferred.

6.01 Common stock splits:

1.Reverse common stock splits:
If number of shares of common stock  outstanding at any time after purchase date
of series "J" is decreased by a combination  of the series "J" preferred  stock,
the conversion ratio for each series "J" preferred shall remain the same so that
the number of shares of common  stock  issued upon  conversion  of each share of
series "J" shall increase in proportion to such decrease in  outstanding  common
shares.

2.Forward stock splits:
If the number of shares of common stock  outstanding  at any time after purchase
date of series "J" is  increased  by a  combination  conversion  ration for each
series "J" preferred shall be increased the same so that the number of shares of
common  stock  issued  on  conversion  of each  share of such  series  "J" shall
increase in proportion to such increase in outstanding common shares.

6.02  Common  Stock   Equivalents   Means   outstanding   common  stock  or  the
determination of holders of common stock entitled to receive a dividend or other
distribution payable in additional shares of common stock or other securities or
rights  convertible in additional  shares of common stock or other securities or
rights  convertible into, or entitling the holder thereof to receive directly or
indirectly  additional shares of common stock.  Series "J" Preferred stock shall
be entitled to a proportionate share of any such distribution.

6.03 Other distributions.
In the event the corporation shall declare a distribution  payable in securities
of other persons,  evidences of indebtedness  issued by the corporation or other
persons assets  excluding cash dividends or options or rights not referred to in
this  document  the  holders  of series "J"  preferred  shall be  entitled  to a
proportionate share of any such distribution.

7.KNOW IMPAIRMENT.

7.01  Corporation  will not, by amendment of its certificate of Incorporation or
through   any   reorganization,    re-capitalization,    transfer   of   assets,
consolidation,  merger  dissolution  issue or sale of  securities  or any  other
voluntary action, avoid or seek to avoid the observance or performance of any of
the terms to be observed or performed hereunder by the corporation,  but will at
all times in good faith assist in the carrying out of all the provisions of this
document and in the taking of all such action as may be necessary or appropriate
in order  to  protect  the  rights  or  Series  "J"  preferred  sharers  against
impairment.

8.KNOW FRACTION SHARES AND CERTIFICATE AS TO ADJUSTMENTS.

8.01 Know fractional  shares shall be issued upon the conversion of any share or
shares of series "J" the number of shares of common  stock to be issued shall be
rounded to the nearest whole share.

<PAGE>

8.02 The corporation shall upon the written request at any time of any holder of
Series J" Preferred  stock  furnished or cause to be furnished to such holders a
like  certificate  setting forth (a) such  adjustments  or  readjustments,(b)the
conversion ration for series "J" at the time in effect and the additional shares
of common stock and the amount if any of other  property which at the time would
be received upon conversation of a share of series "J" preferred stock

9.RESERVATION OF STOCK ISSUSBLE UPON CONVERSION.

9.01 The  corporation  shall at all times reserve and keep  available out of its
authorized  but  un-issued  shares of common  stock,  solely for the  propose of
effecting the  conversion  of the shares of the series "J" preferred  stock such
number of its shares of common stock as shall from time to time be sufficient to
effect the  conversion  of all  outstanding  shares of such series "J" preferred
stock and if at any time the number of authorized but unissued  shares of common
stock  shall be  sufficient  to effect the  conversion  of all then  outstanding
shares of such series "J" preferred  stock in addition to such other remedies as
shall be available to the holders of such preferred stock the  corporation  will
take such  corporate  action as May in the option of its counsel be necessary to
increase its authorized  but unisssued  shares of common stock to such number of
shares as shall be sufficient for purposes of this document.

10.NOTICES.

10.01 Any notice  required by the provisions of the Section 5 to be given to the
holders of series "J"  preferred  stock shall be deemed  given:  (I)upon  person
delivery  to the party to be  notified;  (ii) when  sent by  confirmed  telex or
facsimile as sent during normal business hours of the recipient;  if not then on
the next  business  day;  (iii)  one (1) day  after  deposit  with a  nationally
recognized  overnight  courier,   specifying  next  day  delivery  with  written
verification  of receipt;  or (iv) five (5) days after having been  deposited in
the United States mail postage  prepaid.  All notices shall be addressed to each
holder of record at his address appearing on the books of the corporation.

11.PROTECTIVE PROVISIONS

11.01 So long as at least  one (1)  shares  of  series  "J"  preferred  stock is
outstanding  (as adjusted for stock  splits,  stock  dividends  combinations  or
re-capitalization's  and the  like),  the  corporation  shall not  without  fist
obtaining the approval (by vote or written  consent,  as provided by law) of the
holders of at least two thirds  (2/3) of then  outstanding  shares of Series "J"
preferred stock, voting together as a class:

         a.  authorize  or issue,  or obligate  itself to issue any other equity
         security,  including any other security convertible into or exercisable
         of or any equity  security  having a  preferences,  over or being party
         with,  the Series "J" with respect to voting  dividends  conversions or
         upon liquidation;

         b. effect a liquidation dissolution or winding up of the corporation or
         a transaction described in sections above; declare or pay any dividends
         to the holders of shares of common stock or other preferred stock;

<PAGE>

         c.   amend,   alter  or  appeal  the   corporation's   certificate   of
         Incorporation  or bylaws or take any other  action,  whether  by merger
         consolidation  or  otherwise  in manner  that would alter or change the
         rights  preferences or privileges of the shares of Series "J" preferred
         stock so as to affect adversely the shares of such class.

12.STATUS OF CONVERTED SERIES "J" PREFERRED STOCK.

12.01 In the event any shares of series "J" preferred  stock pursuant to Section
(5) Hereof,  the shares so converted shall be retired and canceled and shall not
be reissued by the corporation. The certificate incorporation or the corporation
shall be  appropriately  amended to effect the  corresponding  reduction  in the
corporation's  authorized capital stock. No shares of Series "J" preferred stock
acquired  by the  corporation  by reason or  redemption,  purchase or other wise
shall be reissued.

13.SERIES "J" PREFFERED STOCK

13.01 The corporation shall be entitled to treat the person whose name any share
of its series" J is  registered  as the owner thereof for all purposes and shall
not be bound to  recognizes  any equity or other claim to or  interest  in, such
series "J" the part of any other person,  whether or not the  corporation  shall
have thereof, except as expressly provided by applicable law.

14.PURSCHASERS OF SERIES "J" PREFERRED STOCK;
"INVESTORS RIGHTS AGREEMENT"

14.01 July 13, 1999-52% majority of the special meeting of shareholders  adopted
by a unanimously vote. Resolved: the company,  purchaser and the parties thereto
shall have  executed and  delivered the  "Investor's  Right's  Agreement" to the
secretary of the corporation attached as Exhibit A.

15.ROYALITY CERTIFICATES

15.01  Royalty  Certificates  are  issued at the time of  closing  of Series "J"
preferred stock to purchases.  Only "Major  Investors"  meaning investors owning
over 10 Series "J" preferred  stock(or common stock issued upon conversion there
of).

15.02  Royalty  Certificate  carry a "Right of Fist  Offer"  subject to the term
conditions  specified herein. The company hereby grants to each "Major Investor"
as hereinafter  defined a "Right of First Offer" with respect to future sales by
the  company  of its shares  (as  hereinafter  defined).  For  purposes  of this
document and section 2.3 of the  "Investors  Right  Agreement" a major  investor
shall mean any person who holds a least 10 shares of the preferred stock (or the
common stock issued upon  conversion  thereof).  For purpose of the document and
section 2.3 of the above mentioned  "Investor  Rights  Agreement" major investor
who chooses to exercises  the right of first offer may  designate as  purchasers
under such right itself or its partners or affiliates in such  proportions as it
deems appropriate.

<PAGE>

A.  Each  time  the  company  proposes  to offer  any  shares  of or  securities
convertible into or exercisable for any shares of any class of its capital stock
(shares), the company shall first make an offering of such shares to each "Major
Investors" in accordance with the following provisions:

1.The  company  shall  deliver a notice by certified  mail or overnight  courier
(notice) to the major  investors  stating (i) its bona file  intention  to offer
such  shares,  (ii) the number of shares to be  offered  and (iii) the price and
terms, if any upon which it proposes to offer such shares.

2.Within 15 calendar days after  delivery of the Notice,  each "Major  Investor"
may elect to purchase or obtain,  at the price and on the terms specified in the
Notice,  up to that portion of such shares which equals the proportion  that the
number of shares of common stock issued and held or issuable upon conversion and
exercise of Series "J" preferred stock then held by such "Major Investors" bears
to the  total  number  of shares of  common  stock  outstanding  (assuming  full
conversion and exercise of all convertible or exercisable securities.

3.The  company may,  during the 60 day period  following  the  expiration of the
period provided in subsection 2.3(b) of "Investor Rights  Agreement",  offer the
remaining  unsubscribe portion of the shares to any person or persons at a price
not less than,  and upon the terms no more  favorable  to the offeree than those
specified in the Notice.  If the company dose not enter into a agreement for the
sale of the shares within such period,  or if such agreement is not  consummated
within 60 days of the execution thereof,  the rights provided hereunder shall be
deemed  to be  revived  and  such  shares  shall  not be  offered  unless  first
re-offered to the "Major Investors" in accordance herewith.

4.The "Right of First Offer" shall not be applicable (i) to the issuance or sale
of capital  stock (or option  thereof) to  employees,  consultants,  officers or
directors  of the company  pursuant to stock  purchase or stock  option plans or
agreements  approved by the Board of Directors of the company (including options
granted  prior  to the date  hereof),  (ii) to the  issuance  of  securities  in
connection with bona fide acquitions,  mergers or similar  transactions (iii) to
the issuance of  securities to financial  institutions  or leasers in connection
with credit arrangements, equipment financing or similar transactions, (iv) sale
of series "J" preferred stock and the common stock issued upon conversion of the
Series  "J"  preferred  stock  (v) to the  issuance  of  securities  in a public
offering of  securities  pursuant to a  registration  statement  filed under the
Securities Act (vi) to the issuance of securities  pursuant to the conversion or
exercise of options warrants notes or other rights to acquire  securities of the
company or (viii) to the issuance of securities pursuant to stock splits,  stock
dividends or like transactions.

B.Termination of "Rights to First Offer".

1.The  convents  set  forth  herein  and  section  2.3 of the  "Investor  Rights
Agreement"  shall  terminate  as to each "Major  Investor"  and be of no further
force or effect (i) upon the  consummation  of a qualified IPO, or (ii) when the
company shall (a) sell, convey, or otherwise dispose of all or substantially all
of its property or business or merger or consolidate with any other  corporation
other than a wholly owned subsidiary  corporation) where the stockholders of the
company own less than fifty percent (50%) of the voting of the surviving  entity
after such merger is consolidation or (b) effect any other transaction or series
of related  transaction  in which more than  fifty  percent  (50%) of the voting
power of the company is disposed of provided that this subsection (ii) shall not
apply

<PAGE>

to a merger affected exclusively for the purpose of changing the domicile of the
company.

2.The  convents  set forth herein  document  and section 2.3 of "Investor  Right
Agreement"  shall  terminate  as to each  holder and be of no  further  force of
effect  when  the  company  first  becomes  subject  to the  periodic  reporting
requirement of Section 13 or 15 (d) of the Exchange Act.

16 ROYALITY CERTICATE -PERPETUAL EXISTENCE-

16.01 Royalty Certificates represent a perpetual royalty payment of four percent
4% on or before the 15th of each month  following the starting  month when gross
sales of the company exceeds one hundred twenty thousand per month.

1.Payment from the company to the royalty  certificate  holder hall begin on the
15th each month upon the company's total Company sales exceed one hundred twenty
thousand per month.  Gross sales for this purpose shall mean the entire  selling
price computed on a cash basis, of all products sold by the company.

2.Monthly payments received by royalty  certificate holders shall remain binding
for the corporate life of company and subsidiaries  including but not limited to
the reorganizations combinations, mergers herein.

17.ROYALITY CERTICATE PAYMENT NON-TERMINATION.

17.01  The  Board  of  Director  of  neither  the  company  nor  a  majority  of
shareholders  shall  terminate this four (4%) royalty payment of the total gross
sales recorded by the company.

17.02  The  Royalty  Certificate  holders  only  may  unilaterally,  at any time
terminates royalty payment or any singular section herein.

18.DEFAULT OF ROYALITY PAYMENT MONTHLY.

18.01 In any month that the company  shall be in default of its Monthly  payment
to Royalty  Certificate  holders  the  company  understands  and agrees that the
Royalty  Certificate  holders  shall  charge a penalty  of 18% of the  amount in
default.  Holders of  Royalty  Certificates  can  jointly  take legal  action if
default is over 60 days past due.

19.ROYALITY CERTIFACTE HOLDER-LAW SUITE.

19.01 In the event the company  should decide to bring lawsuit  against  royalty
certificate   holders.  The  Board  of  Director  of  the  company  or  majority
shareholders  nor the officers of the company shall not stop the monthly payment
from the company to the Royalty  Certificate Holders herein during the course of
the law suite. The Company's Royalty Payment monthly to Certificate holders must
continue  until the sooner of the time when judgment is determed in favor of the
company or the parties settle the matter.

<PAGE>

In  witness   whereof,   the  following   Designation  of  Rights,   Privileges,
Preferences, Qualifications, Limitations & Restrictions of Convertible Preferred
series "J" 1999 & Royalty  Certificates  the company has been  executed this day
May 1,2000.

THE VOYAGER GROUP INC
S/s/ Michael Johnson

Director

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