Document:

Exhibit 10.3

THIS WARRANT AND THE COMMON SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THIS WARRANT
AND THE COMMON SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT BE SOLD,
OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT UNDER SAID ACT OR AN OPINION OF COUNSEL REASONABLY
SATISFACTORY TO XRG, INC. THAT SUCH REGISTRATION IS NOT REQUIRED.

                                        Right to Purchase 100,000,000 shares of
                                        Common Stock of XRG, Inc. (subject to
                                        adjustment as provided herein)

                          COMMON STOCK PURCHASE WARRANT
                          -----------------------------

                                                   Issue Date: February 17, 2006

       XRG, INC., a corporation organized under the laws of the State of
Delaware (the "Company"), hereby certifies that, for value received, BARRON
PARTNERS, LP, or its assigns (the "Holder"), is entitled, subject to the terms
set forth below, to purchase from the Company at any time after the Issue Date
until 5:00 p.m., E.S.T. on the tenth (10th) anniversary of the Issue Date (the
"Expiration Date"), up to 100,000,000 fully paid and nonassessable shares of the
common stock of the Company (the "Common Stock"), $.001 par value per share at
an exercise price equal to $2.00 (the "Purchase Price"). The number and
character of such shares of Common Stock and the Purchase Price are subject to
adjustment as provided herein. The Company may reduce the Purchase Price without
the consent of the Holder.

       As used herein the following terms, unless the context otherwise
requires, have the following respective meanings:

       (a)   The term "Company" shall include XRG, Inc. and any entity which
shall succeed or assume the obligations of XRG, Inc. hereunder, including any
entity into which XRG, Inc. may merge or consolidate.

       (b)   The term "Common Stock" includes (a) the Company's Common Stock,
$.001 par value per share, as authorized on the Issue Date, and (b) any other
securities, cash or property into which or for which any of the securities
described in (a) may be converted or exchanged, or have distributed thereon or
in respect thereof, pursuant to a plan of recapitalization, reorganization,
merger, sale of assets or otherwise.

       (c)   The term "Excepted Issuances" shall mean issuance of the Company's
securities in connection with (i) employee stock options or compensation plans,

<PAGE>

including securities issued to Terence Leong or Michael T. Cronin, (ii) as full
or partial consideration in connection with merger, consolidation or purchase of
substantially all of the securities or assets of any corporation or other entity
or (iii) as has been described in the reports or other written information filed
with the Securities and Exchange Commission or delivered to the Holder prior to
the Issue Date.

       (d)   The term "Other Securities" refers to any stock (other than Common
Stock) and other securities of the Company or any other person (corporate or
otherwise) which the holder of the Warrant at any time shall be entitled to
receive, or shall have received, on the exercise of the Warrant, in lieu of or
in addition to Common Stock, or which at any time shall be issuable or shall
have been issued in exchange for or in replacement of Common Stock or Other
Securities pursuant to Section 4 or otherwise.

       (e)   The term "Principal Market" shall mean the Pink Sheets, OTC:BB,
NASDAQ SmallCap Market, American Stock Exchange (whichever of the foregoing is
at the time the principal exchange or market for the Company's Common Stock).

       1.    Exercise of Warrant.

            1.1.   Number of Shares Issuable upon Exercise. From and after the
Issue Date through and including the Expiration Date, the Holder hereof shall be
entitled to receive, upon exercise of this Warrant in whole in accordance with
the terms of subsection 1.2 or upon exercise of this Warrant in part in
accordance with subsection 1.3, shares of Common Stock of the Company, subject
to adjustment pursuant to Section 4.

            1.2.   Full Exercise. This Warrant may be exercised in full by the
Holder hereof by delivery of an original or facsimile copy of the form of
subscription attached as Exhibit A hereto (the "Subscription Form") duly
executed by such Holder and surrender of the original Warrant within seven (7)
days of exercise, to the Company at its principal office or at the office of its
Warrant Agent (as provided hereinafter), accompanied by payment, in cash, wire
transfer or by certified or official bank check payable to the order of the
Company, in the amount obtained by multiplying the number of shares of Common
Stock for which this Warrant is then exercisable by the Purchase Price then in
effect.

            1.3.   Partial Exercise. This Warrant may be exercised in part (but
not for a fractional share) by surrender of this Warrant in the manner and at
the place provided in subsection 1.2 except that the amount payable by the
Holder on such partial exercise shall be the amount obtained by multiplying (a)
the number of whole shares of Common Stock designated by the Holder in the
Subscription Form by (b) the Purchase Price then in effect. On any such partial
exercise, the Company, at its expense, will forthwith issue and deliver to or
upon the order of the Holder hereof a new Warrant of like tenor, in the name of
the Holder hereof or as such Holder (upon payment by such Holder of any
applicable transfer taxes) may request, the whole number of shares of Common
Stock for which such Warrant may still be exercised.

                                       2

<PAGE>

            1.4.   Fair Market Value. Fair Market Value of a share of Common
Stock as of a particular date (the "Determination Date") shall mean:

                 (a)    If the Company's Common Stock is traded on an exchange
or is quoted on the National Association of Securities Dealers, Inc. Automated
Quotation ("NASDAQ"), National Market System, the NASDAQ Small Cap Market or the
American Stock Exchange, LLC, then the closing or last sale price, respectively,
reported for the last business day immediately preceding the Determination Date;

                 (b)    If the Company's Common Stock is not traded on an
exchange or on the NASDAQ National Market System, the NASDAQ SmallCap Market or
the American Stock Exchange, Inc., but is traded in the over-the-counter market,
or Pink Sheet, then the average of the closing bid and ask prices reported for
the last business day immediately preceding the Determination Date;

                 (c)    Except as provided in clause (d) below, if the Company's
Common Stock is not publicly traded, then as the Holder and the Company agree,
or in the absence of such an agreement, by arbitration in accordance with the
rules then standing of the American Arbitration Association, before a single
arbitrator to be chosen from a panel of persons qualified by education and
training to pass on the matter to be decided; or

                 (d)    If the Determination Date is the date of a liquidation,
dissolution or winding up, or any event deemed to be a liquidation, dissolution
or winding up pursuant to the Company's charter, then all amounts to be payable
per share to holders of the Common Stock pursuant to the charter in the event of
such liquidation, dissolution or winding up, plus all other amounts to be
payable per share in respect of the Common Stock in liquidation under the
charter, assuming for the purposes of this clause (d) that all of the shares of
Common Stock then issuable upon exercise of all of the Warrants are outstanding
at the Determination Date.

            1.5.   Company Acknowledgment. The Company will, at the time of the
exercise of the Warrant, upon the request of the Holder hereof acknowledge in
writing its continuing obligation to afford to such Holder any rights to which
such Holder shall continue to be entitled after such exercise in accordance with
the provisions of this Warrant. If the Holder 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.

            1.6.   Trustee for Warrant Holders. In the event that a bank or
trust company shall have been appointed as trustee for the Holder of the
Warrants pursuant to Subsection 3.2, such bank or trust company shall have all
the powers and duties of a warrant agent (as hereinafter described) and shall
accept, in its own name for the account of the Company or such successor person
as may be entitled thereto, al1 amounts otherwise payable to the Company or such
successor, as the case may be, on exercise of this Warrant pursuant to this
Section 1.

                                       3

<PAGE>

            1.7.   Delivery of Stock Certificates, etc. on Exercise. The Company
agrees that the shares of Common Stock purchased upon exercise of this Warrant
shall be deemed to be issued to the Holder hereof as the record owner of such
shares as of the close of business on the date on which this Warrant shall have
been surrendered and payment made for such shares as aforesaid. As soon as
practicable after the exercise of this Warrant in full or in part, and in any
event within five (5) days thereafter, the Company at its expense (including the
payment by it of any applicable issue taxes) will cause to be issued in the name
of and delivered to the Holder hereof, or as such Holder (upon payment by such
Holder of any applicable transfer taxes) may direct in compliance with
applicable securities laws, a certificate or certificates for the number of duly
and validly issued, fully paid and nonassessable shares of Common Stock (or
Other Securities) to which such Holder shall be entitled on such exercise, plus,
in lieu of any fractional share to which such Holder would otherwise be
entitled, cash equal to such fraction multiplied by the then Fair Market Value
of one full share of Common Stock, together with any other stock or other
securities and property (including cash, where applicable) to which such Holder
is entitled upon such exercise pursuant to Section 1 or otherwise.

            1.8.   Special Adjustment Feature. In the event that all Holders
with most favored nations anti-dilution rights and liquidated damages rights for
failure to register execute a Release and Waiver of Liquidated Damages Rights
and Most Favored Nations Anti-Dilution Rights ("Release"), then Barron or any
other Holder thereof, agrees that the number of Warrants shall be reduced to
4,000,000 and the exercise price shall be reduced to $.10 per share. This
special adjustment feature is also conditioned upon Ken Steel executing the
above referenced Release. Reference is hereby made to the Release for additional
terms and conditions.

       2.    Cashless Exercise.

            (a)   If a Registration Statement under the Securities Act of 1933,
as amended ("Registration Statement"), is effective and the Holder may readily
sell its shares of Common Stock upon exercise hereof pursuant to such
Registration Statement, the Purchase Price payable upon exercise of this Warrant
may be made only in cash, wire transfer or by certified or official bank check
payable to the order of the Company equal to the applicable aggregate Purchase
Price ("Cash"). If no such Registration Statement is then available, payment of
the Purchase Price payable upon exercise may be made at the option of the Holder
either in (i) Cash, (ii) by delivery of Common Stock issuable upon exercise of
the Warrants in accordance with Section (b) below ("Cashless Exercise") or (iii)
by a combination of any of the foregoing methods, for the number of shares of
Common Stock specified in such form (as such exercise number shall be adjusted
to reflect any adjustment in the total number of shares of Common Stock issuable
to the holder per the terms of this Warrant) and the Holder shall thereupon be
entitled to receive the number of duly authorized, validly issued, fully paid
and nonassessable shares of Common Stock (or Other Securities) determined as
provided herein.

                                       4

<PAGE>

            (b)   If the Fair Market Value of one share of Common Stock is
greater than the Purchase Price (at the date of calculation as set forth below)
and no Registration Statement relating to the shares of Common Stock underlying
this Warrant is effective, in lieu of exercising this Warrant for Cash, the
Holder may elect to receive shares equal to the value (as determined below) of
this Warrant (or the portion thereof being canceled) by surrender of this
Warrant at the principal office of the Company together with the properly
endorsed Subscription Form in which event the Company shall issue to the holder
a number of shares of Common Stock computed using the following formula:

                      X      =      Y (A-B)
                                    ------
                                      A

            Where     X      =      the number of shares of Common Stock to be
                                    issued to the holder

                      Y      =      the number of shares of Common Stock
                                    purchasable under the Warrant or, if only a
                                    portion of the Warrant is being exercised,
                                    the portion of the Warrant being exercised
                                    (at the date of such calculation)

                      A      =      the Fair Market Value of one share of the
                                    Company's Common Stock (at the date of such
                                    calculation)

                      B      =      the Fair Market Value of one share of the
                                    Company's Common Stock (at the date of such
                                    calculation)

            (c)   For purposes of Rule 144 promulgated under the 1933 Act, it is
intended, understood and acknowledged that the Commission currently has
interpreted Rule 144 to mean that the Warrant Shares issued in a cashless
exercise transaction shall be deemed to have been acquired by the Holder, and
the holding period for the Warrant Shares shall be deemed to have commenced, on
the Issue Date.

       3.    Adjustment for Reorganization, Consolidation, Merger, etc.

            3.1.   Reorganization, Consolidation, Merger, etc. In case at any
time or from time to time, the Company shall (a) effect a reorganization, (b)
consolidate with or merge into any other person or (c) transfer all or
substantially all of its properties or assets to any other person under any plan
or arrangement contemplating the dissolution of the Company, then, in each such
case, as a condition to the consummation of such a transaction, proper and
adequate provision shall be made by the Company whereby the Holder of this
Warrant, on the exercise hereof as provided herein, at any time after the

                                       5
<PAGE>

consummation of such reorganization, consolidation or merger or the effective
date of such dissolution, as the case may be, shall receive, in lieu of the
Common Stock (or Other Securities) issuable on such exercise prior to such
consummation or such effective date, the stock and other securities and property
(including cash) to which such Holder would have been entitled upon such
consummation or in connection with such dissolution, as the case may be, if such
Holder had so exercised this Warrant, immediately prior thereto, all subject to
further adjustment thereafter as provided in Section 4.

            3.2.   Dissolution. In the event of any dissolution of the Company
following the transfer of all or substantially all of its properties or assets,
the Company, prior to such dissolution, shall at its expense deliver or cause to
be delivered the stock and other securities and property (including cash, where
applicable) receivable by the Holder of the Warrants after the effective date of
such dissolution pursuant to this Section 3 to a bank or trust company (a
"Trustee") having its principal office in New York, NY, as trustee for the
Holder of the Warrants.

            3.3.   Continuation of Terms. Upon any reorganization,
consolidation, merger or transfer (and any dissolution following any transfer)
referred to in this Section 3, this Warrant shall continue in full force and
effect and the terms hereof shall be applicable to the Other Securities and
property receivable on the exercise of this Warrant after the consummation of
such reorganization, consolidation or merger or the effective date of
dissolution following any such transfer, as the case may be, and shall be
binding upon the issuer of any Other Securities, including, in the case of any
such transfer, the person acquiring all or substantially all of the properties
or assets of the Company, whether or not such person shall have expressly
assumed the terms of this Warrant as provided in Section 4. In the event this
Warrant does not continue in full force and effect after the consummation of the
transaction described in this Section 3, then only in such event will the
Company's securities and property (including cash, where applicable) receivable
by the Holder of the Warrants be delivered to the Trustee as contemplated by
Section 3.2.

            3.4   Share Issuance. Until the Expiration Date of this Warrant, if
the Company shall issue any Common Stock except for the Excepted Issuances prior
to the complete exercise of this Warrant for a consideration less than the
Purchase Price that would be in effect at the time of such issue, then, and
thereafter successively upon each such issue, the Purchase Price shall be
reduced to such other lower issue price. For purposes of this adjustment, the
issuance of any security or debt instrument of the Company carrying the right to
convert such security or debt instrument into Common Stock or of any warrant,
right or option to purchase Common Stock shall result in an adjustment to the
Purchase Price upon the issuance of the above-described security, debt
instrument, warrant, right, or option.

       4.  Extraordinary Events Regarding: Common Stock. In the event that the
Company shall (a) issue additional shares of the Common Stock as a dividend or
other distribution on outstanding Common Stock, (b) subdivide its outstanding
shares of

                                       6
<PAGE>

Common Stock, or (c) combine its outstanding shares of the Common Stock into a
smaller number of shares of the Common Stock, then, in each such event, the
Purchase Price shall, simultaneously with the happening of such event, be
adjusted by multiplying the then Purchase Price by a fraction, the numerator of
which shall be the number of shares of Common Stock outstanding immediately
prior to such event and the denominator of which shall be the number of shares
of Common Stock outstanding immediately after such event, and the product so
obtained shall thereafter be the Purchase Price then in effect. The Purchase
Price, as so adjusted, shall be readjusted in the same manner upon the happening
of any successive event or events described herein in this Section 4. The number
of shares of Common Stock that the Holder of this Warrant shall thereafter, on
the exercise hereof as provided herein, be entitled to receive shall be adjusted
to a number determined by multiplying the number of shares of Common Stock that
would otherwise (but for the provisions of this Section 4) be issuable on such
exercise by a fraction of which (a) the numerator is the Purchase Price that
would otherwise (but for the provisions of this Section 4) be in effect, and (b)
the denominator is the Purchase Price in effect on the date of such exercise.

       5.   Certificate as to Adjustments. In each case of any adjustment or
readjustment in the shares of Common Stock (or Other Securities) issuable on the
exercise of the Warrants, the Company at its expense will promptly cause its
Chief Financial Officer or other appropriate designee to compute such adjustment
or readjustment in accordance with the terms of the Warrant and prepare a
certificate setting forth such adjustment or readjustment and showing in detail
the facts upon which such adjustment or readjustment is based, including a
statement of (a) the consideration received or receivable by the Company for any
additional shares of Common Stock (or Other Securities) issued or sold or deemed
to have been issued or sold, (b) the number of shares of Common Stock (or Other
Securities) outstanding or deemed to be outstanding, and (c) the Purchase Price
and the number of shares of Common Stock to be received upon exercise of this
Warrant, in effect immediately prior to such adjustment or readjustment and as
adjusted or readjusted as provided in this Warrant. The Company will forthwith
mail a copy of each such certificate to the Holder of the Warrant and any
Warrant Agent of the Company (appointed pursuant to Section 11 hereof).

       6.   Reservation of Stock, etc. Issuable on Exercise of Warrant;
Financial Statements. The Company will at all times reserve and keep available,
solely for issuance and delivery on the exercise of the Warrants, all shares of
Common Stock (or Other Securities) from time to time issuable on the exercise of
the Warrant. This Warrant entitles the Holder hereof to receive copies of all
financial and other information distributed or required to be distributed to the
holders of the Company's Common Stock.

       7.   Assignment; Exchange of Warrant. Subject to compliance with
applicable securities laws, this Warrant, and the rights evidenced hereby, may
be transferred by any registered holder hereof (a "Transferor"). On the
surrender for exchange of this Warrant, with the Transferor's endorsement in the
form of Exhibit B attached hereto (the "Transferor Endorsement Form") and
together with an opinion of counsel reasonably

                                       7
<PAGE>

satisfactory to the Company that the transfer of this Warrant will be in
compliance with applicable securities laws, the Company at its expense, but with
payment by the Transferor of any applicable transfer taxes, will issue and
deliver to or on the order of the Transferor thereof a new Warrant or Warrants
of like tenor, in the name of the Transferor and/or the transferee(s) specified
in such Transferor Endorsement Form (each a "Transferee"), calling in the
aggregate on the face or faces thereof for the number of shares of Common Stock
called for on the face or faces of the Warrant so surrendered by the Transferor.
No such transfers shall result in a public distribution of the Warrant.

       8.   Replacement of Warrant. On receipt of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Warrant and, in the case of any such loss, theft or destruction of this
Warrant, on delivery of an indemnity agreement or security reasonably
satisfactory in form and amount to the Company or, in the case of any such
mutilation, on surrender and cancellation of this Warrant, the Company at its
expense will execute and deliver, in lieu thereof, a new Warrant of like tenor.

       9.   Registration Rights. The Holder of this Warrant has been granted
piggyback registration rights by the Company.

       10.   Warrant Agent. The Company may, by written notice to the Holder of
the Warrant, appoint an agent (a "Warrant Agent") for the purpose of issuing
Common Stock (or Other Securities) on the exercise of this Warrant pursuant to
Section 1, exchanging this Warrant pursuant to Section 7, and replacing this
Warrant pursuant to Section 8, or any of the foregoing, and thereafter any such
issuance, exchange or replacement, as the case may be, shall be made at such
office by such Warrant Agent.

       11.   Transfer on the Company's Books. Until this Warrant is transferred
on the books of the Company, the Company may treat the registered holder hereof
as the absolute owner hereof for all purposes, notwithstanding any notice to the
contrary.

       12.   Notices. All notices, demands, requests, consents, approvals, and
other communications required or permitted hereunder shall be in writing and,
unless otherwise specified herein, shall be (i) personally served, (ii)
deposited in the mail, registered or certified, return receipt requested,
postage prepaid, (iii) delivered by reputable air courier service with charges
prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed
as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or delivery by facsimile, with accurate confirmation generated by the
transmitting facsimile machine, at the address or number designated below (if
delivered on a business day during normal business hours where such notice is to
be received), or the first business day following such delivery (if delivered
other than on a business day during normal business hours where such notice is
to be received) or (b) on the second business day following the date of mailing
by express courier service,

                                       8
<PAGE>

fully prepaid, addressed to such address, or upon actual receipt of such
mailing, whichever shall first occur. The addresses for such communications
shall be: (ii) if to the Company to: XRG Inc., 601 Cleveland Street, Suite 820,
Clearwater, FL 33755-4169, telecopier: (727) 475-3066, with a copy by telecopier
only to: Johnson, Pope, Bokor, Ruppel & Bums, LLP, 911 Chestnut Street, P.O. Box
1368, Clearwater, FL 33756, Attn: Michael Cronin, Esq., telecopier: (727)
462-0365, and (ii) if to the Holder, to: c/o Barron Capital Advisors, LLC, 730
Fifth Avenue, 9th Floor, New York, New York 10019, telecopier: (212) 659-7790.

       13.   Miscellaneous. This Warrant and any term hereof may be changed,
waived, discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is sought. This Warrant shall be construed and enforced in accordance with and
governed by the laws of New York. Any dispute relating to this Warrant shall be
adjudicated in New York County in the State of New York. The headings in this
Warrant are for purposes of reference only, and shall not limit or otherwise
affect any of the terms hereof. The invalidity or unenforceability of any
provision hereof shall in no way affect the validity or enforceability of any
other provision.

       IN WITNESS WHEREOF, the Company has executed this Warrant as of the date
first written above.

WITNESS:                            XRG, INC., a Delaware corporation

                                    By: /s/ Jay E. Ostrow
--------------------------------       ----------------------------------------
                                    Title:  Principal Accounting Officer
                                    Dated:  February 17, 2006

                                       9

<PAGE>

                                   EXHIBIT "A"

                              FORM OF SUBSCRIPTION
                              --------------------
                   (to be signed only on exercise of Warrant)

TO: XRG, INC.

The undersigned, pursuant to the provisions set forth in the attached Warrant
(No. ____), hereby irrevocably elects to purchase (check applicable box):

|_|   _______   shares of the Common Stock covered by such Warrant; or

|_|   the maximum number of shares of Common Stock covered by such Warrant
pursuant to the cashless exercise procedure set forth in Section 2.

The undersigned herewith makes payment of the full purchase price for such
shares at the price per share provided for in such Warrant, which is
$____________. Such payment takes the form of (check applicable box or boxes):

|_|   $___________ in lawful money of the United States; and/or

|_|   the cancellation of such portion of the attached Warrant as is exercisable
for a total of ______shares of Common Stock (using a Fair Market Value of
$_______ per share for purposes of this calculation); and/or

|_|   the cancellation of such number of shares of Common Stock as is necessary,
in accordance with the formula set forth in Section 2, to exercise this Warrant
with respect to the maximum number of shares of Common Stock purchasable
pursuant to the cashless exercise procedure set forth in Section 2.

The undersigned requests that the certificates for such shares be issued in the
name of, and delivered to ________________________________________ whose address
is __________________________________________________________________.

The undersigned represents and warrants that all offers and sales by the
undersigned of the securities issuable upon exercise of the within Warrant shall
be made pursuant to registration of the Common Stock under the Securities Act of
1933, as amended (the "Securities Act"), or pursuant to an exemption from
registration under the Securities Act.

                                    Dated:
                                               --------------------------------

                                     -------------------------------------------
                                    (Signature must conform to name of holder
                                    as specified on the face of the Warrant)

                                    -------------------------------------------
                                    (Address)
                                    -------------------------------------------

                                       10

<PAGE>

                                   EXHIBIT "B

                         FORM OF TRANSFEROR ENDORSEMENT
                         ------------------------------
                   (To be signed only on transfer of Warrant)

       For value received, the undersigned hereby sells, assigns, and transfers
unto the person(s) named below under the heading "Transferees" the right
represented by the within Warrant to purchase the percentage and number of
shares of Common Stock of XRG, INC. to which the within Warrant relates
specified under the headings "Percentage Transferred" and "Number Transferred,"
respectively, opposite the name(s) of such person(s) and appoints each such
person Attorney to transfer its respective right on the books of XRG, Inc. with
full power of substitution in the premises.

|-------------------------|--------------------------|------------------------|
|      TRANSFEREES        |  PERCENTAGE TRANSFERRED  |    NUMBER TRANSFERRED  |
|-------------------------|--------------------------|------------------------|
|                         |                          |                        |
|-------------------------|--------------------------|------------------------|
|                         |                          |                        |
|-------------------------|--------------------------|------------------------|
|                         |                          |                        |
|-------------------------|--------------------------|------------------------|

Dated: ____________, 20___
                                      ------------------------------------------
                                      (Signature  must conform to name of holder
                                      as specified on the face of the warrant)
Signed in the presence of:

------------------------------        ------------------------------------------
           (Name)                     ------------------------------------------
                                                      (Address)

ACCEPTED AND AGREED:                  ------------------------------------------
                                      ------------------------------------------
                                                      (Address)

------------------------------
           (Name)

                                       11Exhibit 10.4

Richard S. Francis
101 East Crafton Ave.
Pittsburgh, PA 15205

February 21, 2006

Board of Directors of XRG, Inc.
C/o Michael Cronin
Johnson, Pope, Bokor, Ruppel, and Burns, LLP
911 Chestnut Street
Clearwater, FL 33756

To The Board of Directors of XRG, Inc.:

Please accept this as my notice to resign my position as CEO of XRG, Inc., and
my Directorship from the Board of Directors effective immediately. Thank you.

Sincerely,

/s/ Richard S. Francis
Richard S. Francis

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