Document:

Exhibit 10.07 - Guaranty Agreement between KidCARE Medical Television Network,
Inc. and Vicis Capital Master Fund

                               GUARANTY AGREEMENT

      THIS GUARANTY is made as of August 11, 2006 by KidCARE Medical Television
Network, Inc., a Florida corporation ("Guarantor"), in favor of VICIS CAPITAL
MASTER FUND ("Vicis"), a trust formed under the laws of the Cayman Islands.

                                    RECITALS

      A. Guarantor is a wholly-owned subsidiary of MEDICAL MEDIA TELEVISION,
INC., a Florida corporation (the "Borrower").

      B. Pursuant to a Note Purchase Agreement of even date herewith by and
between Vicis and Borrower (as amended or modified from time to time, the "Note
Purchase Agreement") and a 10% Secured Convertible Note due August 11, 2007
issued by Borrower to Vicis (as amended or modified from time to time, the
"Note"), Vicis has made a $1,302,000 loan (the "Loan") to Borrower. Guarantor,
Borrower and any other guarantor of the Loan are the intended beneficiaries of
the Loan and, as such, the Loan will directly and significantly benefit
Guarantor.

      C. It is a condition precedent to Vicis making the Loan that Guarantor
execute and deliver to Vicis a guaranty in the form hereof. This is the Guaranty
Agreement referred to in the Note Purchase Agreement.

                                   AGREEMENTS

      In consideration of the recitals and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
Guarantor hereby agrees with Vicis as follows:

                                    ARTICLE I
                                   DEFINITIONS

      When used in this Guaranty, capitalized terms shall have the meanings
specified in the Note Purchase Agreement, the preamble, the recitals and as
follows:

      Borrower. "Borrower" shall mean Medical Media Television, Inc., a Florida
corporation.

      Event of Default. "Event of Default" shall have the meaning specified in
the Note Purchase Agreement.

      Guaranty. "Guaranty" shall mean this Guaranty, as the same shall be
amended from time to time in accordance with the terms hereof.

      Law. "Law" shall mean any federal, state, local or other law, rule,
regulation or governmental requirement of any kind, and the rules, regulations,
interpretations and orders promulgated thereunder.

<PAGE>

      Obligations. "Obligations" shall mean (a) the principal of, and interest
on, the Debenture, and any renewal, extension or refinancing thereof; (b) all
debts, liabilities, obligations, covenants and agreements of Borrower contained
in the Transaction Documents; and (c) any and all other debts, liabilities and
obligations of Borrower to Vicis.

      Person. "Person" shall mean and include an individual, partnership,
corporation, trust, unincorporated association and any unit, department or
agency of government.

                                   ARTICLE II
                                  THE GUARANTY

      2.1 The Guaranty. Guarantor, for itself, its successors and assigns,
hereby unconditionally and absolutely guarantees to Vicis the full and complete
payment and performance when due (whether at stated maturity, by acceleration or
otherwise) of each of the Obligations. This is a guaranty of payment and
performance and not of collection.

      2.2 Waivers and Consents.

            (a) Guarantor acknowledges that the obligations undertaken herein
involve the guaranty of obligations of a Person other than Guarantor and, in
full recognition of that fact, Guarantor consents and agrees that Vicis may, at
any time and from time to time, without notice or demand, and without affecting
the enforceability or continuing effectiveness hereof: (i) supplement, modify,
amend, extend, renew, accelerate or otherwise change the time for payment or the
other terms of the Obligations or any part thereof, including without limitation
any increase or decrease of the principal amount thereof or the rate(s) of
interest thereon; (ii) supplement, modify, amend or waive, or enter into or give
any agreement, approval or consent with respect to, the Obligations or any part
thereof, or any of the Transaction Documents or any additional security or
guaranties, or any condition, covenant, default, remedy, right, representation
or term thereof or thereunder; (iii) accept new or additional instruments,
documents or agreements in exchange for or relative to any of the Transaction
Documents or the Obligations or any part thereof; (iv) accept partial payments
on the Obligations; (v) receive and hold additional security or guaranties for
the Obligations or any part thereof; (vi) release, reconvey, terminate, waive,
abandon, fail to perfect, subordinate, exchange, substitute, transfer and/or
enforce any security or guaranties, and apply any security and direct the order
or manner of sale thereof as Vicis in its sole and absolute discretion may
determine; (vii) release any Person from any personal liability with respect to
the Obligations or any part thereof; (viii) settle, release on terms
satisfactory to Vicis or by operation of applicable Law or otherwise, liquidate
or enforce any Obligations and any security or guaranty in any manner, consent
to the transfer of any security and bid and purchase at any sale; and/or (ix)
consent to the merger, change or any other restructuring or termination of the
corporate existence of Borrower or any other Person, and correspondingly
restructure the Obligations, and any such merger, change, restructuring or
termination shall not affect the liability of Guarantor or the continuing
effectiveness hereof, or the enforceability hereof with respect to all or any
part of the Obligations.

            (b) Upon the occurrence and during the continuance of any Event of
Default, Vicis may enforce this Guaranty independently of any other remedy,
guaranty or security Vicis at any time may have or hold in connection with the
Obligations, and it shall not be necessary for Vicis to marshal assets in favor
of Borrower, any other guarantor of the Obligations or any other Person or to
proceed upon or against and/or exhaust any security or remedy before proceeding
to enforce this Guaranty. Guarantor expressly waives any right to require Vicis
to marshal assets in favor of Borrower or any other Person or to proceed against
Borrower or any other guarantor of the Obligations or any collateral provided by
any Person, and agrees that Vicis may proceed against any obligor and/or the
collateral in such order as it shall determine in its sole and absolute
discretion. Vicis may file a separate action or actions against Guarantor,
whether action is brought or prosecuted with respect to any security or against
any other Person, or whether any other Person is joined in any such action or
actions. Guarantor agrees that Vicis and Borrower may deal with each other in
connection with the Obligations or otherwise, or alter any contracts or
agreements now or hereafter existing between them, in any manner whatsoever, all
without in any way altering or affecting the security of this Guaranty.

                                      -2-

<PAGE>

            (c) The rights of Vicis hereunder shall be reinstated and revived,
and the enforceability of this Guaranty shall continue, with respect to any
amount at any time paid on account of the Obligations which thereafter shall be
required to be restored or returned by Vicis upon the bankruptcy, insolvency or
reorganization of any Person, all as though such amount had not been paid. The
rights of Vicis created or granted herein and the enforceability of this
Guaranty shall remain effective at all times to guarantee the full amount of all
the Obligations even though the Obligations, including any part thereof or any
other security or guaranty therefor, may be or hereafter may become invalid or
otherwise unenforceable as against Borrower or any other guarantor of the
Obligations and whether or not Borrower or any other guarantor of the
Obligations shall have any personal liability with respect thereto.

            (d) To the extent permitted by applicable law, Guarantor expressly
waives any and all defenses now or hereafter arising or asserted by reason of:
(i) any disability or other defense of Borrower or any other guarantor for the
Obligations with respect to the Obligations (other than full payment and
performance of all of the Obligations); (ii) the unenforceability or invalidity
of any security for or guaranty of the Obligations or the lack of perfection or
continuing perfection or failure of priority of any security for the
Obligations; (iii) the cessation for any cause whatsoever of the liability of
Borrower or any other guarantor of the Obligations (other than by reason of the
full payment and performance of all Obligations); (iv) any failure of Vicis to
marshal assets in favor of Borrower or any other Person; (v) any failure of
Vicis to give notice of sale or other disposition of collateral to Borrower or
any other Person or any defect in any notice that may be given in connection
with any sale or disposition of collateral; (vi) any failure of Vicis to comply
with applicable Laws in connection with the sale or other disposition of any
collateral or other security for any Obligation, including, without limitation,
any failure of Vicis to conduct a commercially reasonable sale or other
disposition of any collateral or other security for any Obligation; (vii) any
act or omission of Vicis or others that directly or indirectly results in or
aids the discharge or release of Borrower or any other guarantor of the
Obligations, or of any security or guaranty therefor by operation of Law or
otherwise; (viii) any Law which provides that the obligation of a surety or
guarantor must neither be larger in amount nor in other respects more burdensome
than that of the principal or which reduces a surety's or guarantor's obligation
in proportion to the principal obligation; (ix) any failure of Vicis to file or
enforce a claim in any bankruptcy or other proceeding with respect to any
Person; (x) the election by Vicis, in any bankruptcy proceeding of any Person,
of the application or non-application of Section 1111(b)(2) of the United States
Bankruptcy Code; (xi) any extension of credit or the grant of any lien under
Section 364 of the United States Bankruptcy Code; (xii) any use of collateral
under Section 363 of the United States Bankruptcy Code; (xiii) any agreement or
stipulation with respect to the provision of adequate protection in any
bankruptcy proceeding of any Person; (xiv) the avoidance of any lien or security
interest in favor of Vicis for any reason; (xv) any bankruptcy, insolvency,
reorganization, arrangement, readjustment of debt, liquidation or dissolution
proceeding commenced by or against any Person, including without limitation any
discharge of, or bar or stay against collecting, all or any of the Obligations
(or any interest thereon) in or as a result of any such proceeding; or (xvi) any
action taken by Vicis that is authorized by this Section or any other provision
of any Loan Document. Until all of the Obligations have been paid in full,
Guarantor expressly waives all presentments, demands for payment or performance,
notices of nonpayment or nonperformance, protests, notices of protest, notices
of dishonor and all other notices or demands of any kind or nature whatsoever
with respect to the Obligations, and all notices of acceptance of this Guaranty
or of the existence, creation or incurrence of new or additional Obligations.

                                      -3-

<PAGE>

      2.3 Condition of Borrower. Guarantor represents and warrants to Vicis that
it has established adequate means of obtaining from Borrower, on a continuing
basis, financial and other information pertaining to the business, operations
and condition (financial and otherwise) of Borrower and its assets and
properties. Guarantor hereby expressly waives and relinquishes any duty on the
part of Vicis (should any such duty exist) to disclose to Guarantor any matter,
fact or thing related to the business, operations or condition (financial or
otherwise) of Borrower or its assets or properties, whether now known or
hereafter known by Vicis during the life of this Guaranty. With respect to any
of the Obligations, Vicis need not inquire into the powers of Borrower or agents
acting or purporting to act on its behalf, and all Obligations made or created
in good faith reliance upon the professed exercise of such powers shall be
guaranteed hereby.

      2.4 Continuing Guaranty. This is a continuing guaranty and shall remain in
full force and effect as to all of the Obligations until all amounts owing by
Borrower to Vicis on the Obligations shall have been paid in full.

      2.5 Subrogation; Subordination. Guarantor expressly waives any claim for
reimbursement, contribution, indemnity or subrogation which Guarantor may have
against Borrower as a guarantor of the Obligations and any other legal or
equitable claim against Borrower arising out of the payment of the Obligations
by Guarantor or from the proceeds of any collateral for this Guaranty, until all
amounts owing to Vicis under the Obligations shall have been paid in full and
all commitments to lend have been terminated or expired. In furtherance, and not
in limitation, of the foregoing waiver, until all amounts owing to Vicis under
the Obligations shall have been paid in full, Guarantor hereby agrees that no
payment by Guarantor pursuant to this Guaranty shall constitute Guarantor a
creditor of Borrower. Until all amounts owing to Vicis under the Obligations
shall have been paid in full, Guarantor shall not seek any reimbursement from
Borrower in respect of payments made by Guarantor in connection with this
Guaranty, or in respect of amounts realized by Vicis in connection with any
collateral for the Obligations, and Guarantor expressly waives any right to
enforce any remedy that Vicis now has or hereafter may have against any other
Person and waives the benefit of, or any right to participate in, any collateral
now or hereafter held by Vicis. No claim which any Guarantor may have against
any other guarantor of any of the Obligations or against Borrower, to the extent
not waived pursuant to this Section, shall be enforced nor any payment accepted
until the Obligations are paid in full and all such payments are not subject to
any right of recovery.

                                      -4-

<PAGE>

                                   ARTICLE III
                   REPRESENTATIONS AND WARRANTIES OF GUARANTOR

      Guarantor hereby represents and warrants to Vicis as follows:

      3.1 Authorization. Guarantor is a corporation duly and validly organized
and existing under the laws of the State of Florida, has the corporate power to
own its owned assets and properties and to carry on its business, and is duly
licensed or qualified to do business in all jurisdictions in which failure to do
so would have a material adverse effect on its business or financial condition.
The making, execution, delivery and performance of this Guaranty, and compliance
with its terms, have been duly authorized by all necessary corporate action of
Guarantor.

      3.2 Enforceability. This Guaranty is the legal, valid and binding
obligation of Guarantor, enforceable against Guarantor in accordance with its
terms.

      3.3 Absence of Conflicting Obligations. The making, execution, delivery
and performance of this Guaranty, and compliance with its terms, do not violate
any existing provision of Law; the articles of incorporation or bylaws of
Guarantor; or any agreement or instrument to which Guarantor is a party or by
which it or any of its assets is bound.

      3.4 Consideration for Guaranty. Guarantor acknowledges and agrees with
Vicis that but for the execution and delivery of this Guaranty by Guarantor,
Vicis would not have made the Loan. Guarantor acknowledges and agrees that the
Loan Agreement will result in significant benefit to Guarantor who is the
wholly-owned subsidiary of Borrower and the intended beneficiary of the Loan.

                                   ARTICLE IV
                           COVENANTS OF THE GUARANTOR

      4.1 Actions by Guarantor. Guarantor shall not take or permit any act, or
omit to take any act, that would: (a) cause Borrower to breach any of the
Obligations; (b) impair the ability of Borrower to perform any of the
Obligations; or (c) cause an Event of Default under the Note Purchase Agreement.

      4.2 Reporting Requirements. Guarantor shall furnish, or cause to be
furnished, to Vicis such information respecting the business, assets and
financial condition of Guarantor as Vicis may reasonably request.

                                    ARTICLE V
                                  MISCELLANEOUS

      5.1 Expenses and Attorneys' Fees. Guarantor shall pay all reasonable fees
and expenses incurred by Vicis, including the reasonable fees of counsel, in
connection with the protection or enforcement of its rights under this Guaranty,
including without limitation the protection and enforcement of such rights in
any bankruptcy, reorganization or insolvency proceeding involving Borrower or
Guarantor, both before and after judgment.

                                      -5-

<PAGE>

      5.2 Revocation. This is a continuing guaranty and shall remain in full
force and effect until Vicis receives written notice of revocation signed by
Guarantor. Upon revocation by written notice, this Guaranty shall continue in
full force and effect as to all Obligations contracted for or incurred before
revocation, and as to them Vicis shall have the rights provided by this Guaranty
as if no revocation had occurred. Any renewal, extension, or increase in the
interest rate(s) of any such Obligation, whether made before or after
revocation, shall constitute an Obligation contracted for or incurred before
revocation. Obligations contracted for or incurred before revocation shall also
include credit extended after revocation pursuant to commitments made before
revocation.

      5.3 Assignability; Successors. Guarantor's rights and liabilities under
this Guaranty are not assignable or delegable, in whole or in part, without the
prior written consent of Vicis. The provisions of this Guaranty shall be binding
upon Guarantor, its successors and permitted assigns and shall inure to the
benefit of Vicis, its successors and assigns.

      5.4 Survival. All agreements, representations and warranties made herein
or in any document delivered pursuant to this Guaranty shall survive the
execution and delivery of this Guaranty and the delivery of any such document.

      5.5 Governing Law. This Guaranty and the documents issued pursuant to this
Guaranty shall be governed by, and construed and interpreted in accordance with,
the Laws of the State of New York applicable to contracts made and wholly
performed within such state.

      5.6 Counterparts; Headings. This Guaranty may be executed in several
counterparts, each of which shall be deemed an original, but such counterparts
shall together constitute but one and the same agreement. The article and
section headings in this Guaranty are inserted for convenience of reference only
and shall not constitute a part of this Guaranty.

      5.7 Notices. All notices, requests and demands to or upon Vicis or
Guarantor (to be delivered care of Borrower) shall be delivered in the manner
set forth in Section 12.6 of the Note Purchase Agreement.

      5.8 Amendment. No amendment of this Guaranty shall be effective unless in
writing and signed by Guarantor and Vicis.

      5.9 Severability. Any provision of this Guaranty which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the
remaining provisions of this Guaranty in such jurisdiction or affecting the
validity or enforceability of any provision in any other jurisdiction.

      5.10 Taxes. If any transfer or documentary taxes, assessments or charges
levied by any governmental authority shall be payable by reason of the
execution, delivery or recording of this Guaranty, Guarantor shall pay all such
taxes, assessments and charges, including interest and penalties, and hereby
indemnifies Vicis against any liability therefor.

                                      -6-

<PAGE>

      5.11 WAIVER OF RIGHT TO JURY TRIAL. GUARANTOR ACKNOWLEDGES AND AGREES THAT
ANY CONTROVERSY WHICH MAY ARISE UNDER THIS GUARANTY WOULD BE BASED UPON
DIFFICULT AND COMPLEX ISSUES AND, THEREFORE, GUARANTOR AGREES THAT ANY LAWSUIT
ARISING OUT OF ANY SUCH CONTROVERSY SHALL BE TRIED IN A COURT OF COMPETENT
JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.

      5.12 SUBMISSION TO JURISDICTION; SERVICE OF PROCESS. AS A MATERIAL
INDUCEMENT TO VICIS TO ENTER INTO THIS TRANSACTION:

            (a) THE GUARANTOR AGREES THAT ALL ACTIONS OR PROCEEDINGS IN ANY
MANNER RELATING TO OR ARISING OUT OF THIS GUARANTY OR THE OTHER DOCUMENTS
EXECUTED IN CONNECTION HEREWITH MAY BE BROUGHT ONLY IN COURTS OF THE STATE OF
NEW YORK LOCATED IN NEW YORK COUNTY OR THE FEDERAL COURT FOR THE SOUTHERN
DISTRICT OF NEW YORK AND THE GUARANTOR CONSENTS TO THE JURISDICTION OF SUCH
COURTS. THE GUARANTOR WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE TO THE
VENUE OF ANY SUCH COURT AND ANY RIGHT IT MAY HAVE NOW OR HEREAFTER HAVE TO CLAIM
THAT ANY SUCH ACTION OR PROCEEDING IS IN AN INCONVENIENT COURT; AND

            (b) Guarantor consents to the service of process in any such action
or proceeding by certified mail sent to the address specified in Section 5.7.

      Nothing contained herein shall affect the right of Vicis to serve process
in any other manner permitted by law or to commence an action or proceeding in
any other jurisdiction.

                                      -7-

<PAGE>

      IN WITNESS WHEREOF the undersigned has executed this Guaranty as of the
day and year first above written.

                                       KidCARE Medical Television Network, Inc.

                                       By: /s/ Philip M. Cohen
                                           -------------------------------------
                                           Philip M. Cohen
                                           Chief Executive Officer

                                      -8-

<PAGE>

                               ACCEPTANCE BY VICIS

This Guaranty Agreement is accepted by Vicis Capital Master Fund.

                                       VICIS CAPITAL MASTER FUND
                                         By: Vicis Capital LLC

                                       By: /s/ Shad Stastney
                                           -------------------------------------
                                           Shad Stastney
                                           Chief Operating Officer

                                      -9-Exhibit 10.08 - Guarantor Security Agreement between PetCARE Television Network,
Inc. and Vicis Capital Master Fund

                          GUARANTOR SECURITY AGREEMENT

      THIS GUARANTOR SECURITY AGREEMENT (this "Security Agreement") is made as
of August 11, 2006 by and between PetCARE Television Network, Inc., a Florida
corporation ("Debtor"), and VICIS CAPITAL MASTER FUND ("Vicis"), a trust formed
under the laws of the Cayman Islands.

                                    RECITALS

      A. Debtor is a wholly-owned subsidiary of MEDICAL MEDIA TELEVISION, INC.,
a Florida corporation ("Borrower").

      B. Pursuant to a Note Purchase Agreement of even date herewith by and
between Vicis and Borrower (as amended or modified from time to time, the "Note
Purchase Agreement") and a 10% Secured Convertible Promissory Note due August
11, 2007 issued by Borrower to Vicis (as amended or modified from time to time,
the "Note"), Vicis has made a $1,302,000 loan (the "Loan") to Borrower. Debtor,
Borrower and any other guarantor of the Loan are the intended beneficiaries of
the Loan and, as such, the Loan will benefit the Guarantor.

      C. It is a condition precedent to Vicis making the Loan that Debtor
execute and deliver to Vicis a security agreement in the form hereof. This is
the Guarantor Security Agreement referred to in the Note Purchase Agreement.

                                   AGREEMENTS

      In consideration of the Recitals and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
Debtor hereby agrees with Vicis as follows:

                                    ARTICLE I
                                   DEFINITIONS

      Capitalized terms not defined herein shall have the meaning given to them
in the Note Purchase Agreement. Terms not otherwise defined herein and defined
in the UCC shall have, unless the context otherwise requires, the meanings set
forth in the UCC as in effect on the date hereof (except that the term
"document" shall only have the meaning set forth in the UCC for purposes of
clause (d) of the definition of Collateral). When used in this Security
Agreement, the following terms shall have the following meanings:

      Accounts. "Accounts" shall mean all accounts, including without limitation
all rights to payment for goods sold or services rendered that are not evidenced
by instruments or chattel paper, whether or not earned by performance, and any
associated rights thereto.

      Collateral. "Collateral" shall mean all personal properties and assets of
Debtor, wherever located, whether tangible or intangible, and whether now owned
or hereafter acquired or arising, including without limitation:

            (a) all Inventory and documents relating to Inventory;

<PAGE>

            (b) all Accounts and documents relating to Accounts;

            (c) all equipment, fixtures and other goods, including without
limitation machinery, furniture, vehicles and trade fixtures;

            (d) all general intangibles (including without limitation payment
intangibles, software, customer lists, sales records and other business records,
contract rights, causes of action, and licenses, permits, franchises, patents,
copyrights, trademarks, and goodwill of the business in which the trademark is
used, trade names, or rights to any of the foregoing), promissory notes,
contract rights, chattel paper, documents, letter-of-credit rights and
instruments;

            (e) all motor vehicles;

            (f) (i) all deposit accounts and (ii) all cash and cash equivalents
deposited with or delivered to Vicis from time to time and pledged as additional
security for the Obligations;

            (g) all investment property;

            (h) all commercial tort claims; and

            (i) all additions and accessions to, all spare and repair parts,
special tools, equipment and replacements for, and all supporting obligations,
proceeds and products of, any and all of the foregoing assets described in
Sections (a) through (h), inclusive, above.

      Event of Default. "Event of Default" shall have the meaning specified in
the Note Purchase Agreement.

      Inventory. "Inventory" shall mean all inventory, including without
limitation all goods held for sale, lease or demonstration or to be furnished
under contracts of service, goods leased to others, trade-ins and repossessions,
raw materials, work in process and materials used or consumed in Debtor's
business, including, without limitation, goods in transit, wheresoever located,
whether now owned or hereafter acquired by Debtor, and shall include such
property the sale or other disposition of which has given rise to Accounts and
which has been returned to or repossessed or stopped in transit by Debtor.

      Obligations. "Obligations" shall mean (a) all debts, liabilities,
obligations, covenants and agreements of Debtor contained in the Guaranty dated
of even date herewith by Debtor in favor of Vicis; and (b) any and all other
debts, liabilities and obligations of Debtor to Vicis.

      Person. "Person" shall mean and include an individual, partnership,
corporation, trust, unincorporated association and any unit, department or
agency of government.

      Security Agreement. "Security Agreement" shall mean this Guarantor
Security Agreement, together with the schedules attached hereto, as the same may
be amended, supplemented or otherwise modified from time to time in accordance
with the terms hereof.

                                       2

<PAGE>

      Security Interest. "Security Interest" shall mean the security interest of
Vicis in the Collateral granted by Debtor pursuant to this Security Agreement.

      UCC. "UCC" shall mean the Uniform Commercial Code as adopted in Florida
and in effect from time to time.

                                   ARTICLE II
              THE SECURITY INTEREST; REPRESENTATIONS AND WARRANTIES

      2.1 The Security Interest. To secure the full and complete payment and
performance when due (whether at stated maturity, by acceleration, or otherwise)
of each of the Obligations, Debtor hereby grants to Vicis a security interest in
all of Debtor's right, title and interest in and to the Collateral.

      2.2 Representations and Warranties. Debtor hereby represents and warrants
to Vicis that:

            (a) The records of Debtor with respect to the Collateral are
presently located only at the address(es) listed on Schedule 1 attached to this
Security Agreement.

            (b) The Collateral is presently located only at the location(s)
listed on Schedule 1 attached to this Security Agreement.

            (c) The chief executive office and chief place(s) of business of
Debtor are presently located at the address(es) listed on Schedule 1 to this
Security Agreement.

            (d) Debtor is a Florida corporation and its exact legal name is set
forth in the definition of "Debtor" in the introductory paragraph of this
Security Agreement. The organization identification number of Debtor is listed
on Schedule 1 to this Security Agreement.

            (e) All of Debtor's present patents and trademarks, if any,
including those which have been registered with, or for which an application for
registration has been filed in, the United States Patent and Trademark Office
are listed on Schedule 2 attached to this Security Agreement. All of Debtor's
present copyrights registered with, or for which an application for registration
has been filed in, the United States Copyright Office or any similar office or
agency of any state or any other country are listed on Schedule 2 attached to
this Security Agreement.

            (f) Debtor has good title to, or valid leasehold interest in, all of
the Collateral and there are no Liens on any of the Collateral except Permitted
Liens.

      2.3 Authorization to File Financing Statements. Debtor hereby irrevocably
authorizes Vicis at any time and from time to time to file in any UCC
jurisdiction any initial financing statements and amendments thereto that (a)
indicate the Collateral (i) as all assets of Debtor or words of similar effect,
regardless of whether any particular asset comprised in the Collateral falls
within the scope of Article 9 of the UCC or such other jurisdiction, or (ii) as
being of an equal or lesser scope or with greater detail, and (b) contain any
other information required by part 5 of Article 9 of the UCC for the sufficiency
of filing office acceptance of any financing statement or amendment, including
whether Debtor is an organization, the type of organization and any state or
federal organization identification number issued to Debtor. Debtor agrees to
furnish any such information to Vicis promptly upon request. Debtor also
ratifies its authorization for Vicis to have filed in any UCC jurisdiction any
like initial financing statements or amendments thereto if filed prior to the
date hereof.

                                       3

<PAGE>

                                  ARTICLE III
                              AGREEMENTS OF DEBTOR

      From and after the date of this Security Agreement, and until all of the
Obligations are paid in full, Debtor shall:

      3.1 Sale of Collateral. Not sell, lease, transfer or otherwise dispose of
Collateral or any interest therein, except as provided for in the Note Purchase
Agreement and for sales of Inventory in the ordinary course of business.

      3.2 Maintenance of Security Interest.

            (a) At the expense of Debtor, defend the Security Interest against
any and all claims of any Person adverse to Vicis and take such action and
execute such financing statements and other documents as Vicis may from time to
time request to maintain the perfected status of the Security Interest. Debtor
shall not further encumber or grant a security interest in any of the Collateral
except as provided for in the Note Purchase Agreement.

            (b) Debtor further agrees to take any other action requested by
Vicis to ensure the attachment, perfection and first priority of, and the
ability of Vicis to enforce its security interest in any and all of the
Collateral including, without limitation, (i) executing, delivering and, where
appropriate, filing financing statements and amendments relating thereto under
the UCC, to the extent, if any, that Debtor's signature thereon is required
therefor, (ii) complying with any provision of any statute, regulation or treaty
of the United States as to any Collateral if compliance with such provision is a
condition to attachment, perfection or priority of, or ability of Vicis to
enforce, its security interest in such Collateral, (iii) taking all actions
required by any earlier versions of the UCC (to the extent applicable) or by
other law, as applicable in any relevant UCC jurisdiction, or by other law as
applicable in any foreign jurisdiction, and (iv) obtaining waivers from
landlords where any of the tangible Collateral is located in form and substance
satisfactory to Vicis.

      3.3 Locations. Give Vicis at least thirty (30) days prior written notice
of Debtor's intention to relocate the tangible Collateral (other than Inventory
in transit) or any of the records relating to the Collateral from the locations
listed on Schedule 1 attached to this Security Agreement, in which event
Schedule 1 shall be deemed amended to include the new location. Any additional
filings or refilings requested by Vicis as a result of any such relocation in
order to maintain the Security Interest in the Collateral shall be at Debtor's
expense.

      3.4 Insurance. Keep the Collateral consisting of tangible personal
property insured against loss or damage to the Collateral under a policy or
policies covering such risks as are ordinarily insured against by similar
businesses, but in any event including fire, lightning, windstorm, hail,
explosion, riot, riot attending a strike, civil commotion, damage from aircraft,
smoke and uniform standard extended coverage and vandalism and malicious
mischief endorsements, limited only as may be provided in the standard form of
such endorsements at the time in use in the applicable state. Such insurance
shall be for amounts not less than the actual replacement cost of the
Collateral. No policy of insurance shall be so written that the proceeds thereof
will produce less than the minimum coverage required by the preceding sentence,
by reason of co-insurance provisions or otherwise, without the prior consent
thereto in writing by Vicis. Debtor will obtain lender's loss payable
endorsements on applicable insurance policies in favor of Vicis and will provide
certificates of such insurance to Vicis. Debtor shall cause each insurer to
agree, by endorsement on the policy or policies or certificates of insurance
issued by it or by independent instrument furnished to Vicis, that such insurer
will give thirty (30) days written notice to Vicis before such policy will be
altered or canceled. No settlement of any insurance claim shall be made without
Vicis's prior consent. In the event of any insured loss, Debtor shall promptly
notify Vicis thereof in writing, and Debtor hereby authorizes and directs any
insurer concerned to make payment of such loss directly to Vicis as its interest
may appear. Vicis is authorized, in the name and on behalf of Debtor, to make
proof of loss and to adjust, compromise and collect, in such manner and amounts
as it shall determine, all claims under all policies; and Debtor agrees to sign,
on demand of Vicis, all receipts, vouchers, releases and other instruments which
may be necessary or desirable in aid of this authorization. The proceeds of any
insurance from loss, theft, or damage to the Collateral shall be held in a
segregated account established by Vicis and disbursed and applied at the
discretion of Vicis, either in reduction of the Obligations or applied toward
the repair, restoration or replacement of the Collateral.

                                       4

<PAGE>

      3.5 Name; Legal Status. (a) Without providing at least 30 days prior
written notice to Vicis, Debtor will not change its name, its place of business
or, if more than one, chief executive office, or its mailing address or
organizational identification number if it has one, (b) if Debtor does not have
an organizational identification number and later obtains one, Debtor shall
forthwith notify Vicis of such organizational identification number, and (c)
Debtor will not change its type of organization or jurisdiction of organization.

                                   ARTICLE IV
                               RIGHTS AND REMEDIES

      4.1 Right to Cure. In case of failure by Debtor to procure or maintain
insurance, or to pay any fees, assessments, charges or taxes arising with
respect to the Collateral, Vicis shall have the right, but shall not be
obligated, to effect such insurance or pay such fees, assessments, charges or
taxes, as the case may be, and, in that event, the cost thereof shall be payable
by Debtor to Vicis immediately upon demand, together with interest at an annual
rate equal 10% from the date of disbursement by Vicis to the date of payment by
Debtor.

      4.2 Rights of Parties. Upon the occurrence and during the continuance of
an Event of Default, in addition to all the rights and remedies provided in the
Transaction Documents or in Article 9 of the UCC and any other applicable law,
Vicis may (but is under no obligation so to do):

            (a) require Debtor to assemble the Collateral at a place designated
by Vicis, which is reasonably convenient to the parties; and

                                       5

<PAGE>

            (b) take physical possession of Inventory and other tangible
Collateral and of Debtor's records pertaining to all Collateral that are
necessary to properly administer and control the Collateral or the handling and
collection of Collateral, and sell, lease or otherwise dispose of the Collateral
in whole or in part, at public or private sale, on or off the premises of
Debtor; and

            (c) collect any and all money due or to become due and enforce in
Debtor's name all rights with respect to the Collateral; and

            (d) settle, adjust or compromise any dispute with respect to any
Account; and

            (e) receive and open mail addressed to Debtor; and

            (f) on behalf of Debtor, endorse checks, notes, drafts, money
orders, instruments or other evidences of payment.

      4.3 Power of Attorney. Upon the occurrence and during the continuance of
an Event of Default, Debtor does hereby constitute and appoint Vicis as Debtor's
true and lawful attorney with full power of substitution for Debtor in Debtor's
name, place and stead for the purposes of performing any obligation of Debtor
under this Security Agreement and taking any action and executing any instrument
which Vicis may deem necessary or advisable to perform any obligation of Debtor
under this Security Agreement, which appointment is irrevocable and coupled with
an interest, and shall not terminate until the Obligations are paid in full.

      4.4 Right to Collect Accounts. Upon the occurrence and during the
continuance of an Event of Default and without limiting Debtor's obligations
under the Transaction Documents: (a) Debtor authorizes Vicis to notify any and
all debtors on the Accounts to make payment directly to Vicis (or to such place
as Vicis may direct); (b) Debtor agrees, on written notice from Vicis, to
deliver to Vicis promptly upon receipt thereof, in the form in which received
(together with all necessary endorsements), all payments received by Debtor on
account of any Account; and (c) Vicis may, at its option, apply all such
payments against the Obligations or remit all or part of such payments to
Debtor.

      4.5 Reasonable Notice. Written notice, when required by law, sent in
accordance with the provisions of Section 12.6 of the Note Purchase Agreement
and given at least ten (10) calendar days (counting the day of sending) before
the date of a proposed disposition of the Collateral shall be reasonable notice.

      4.6 Limitation on Duties Regarding Collateral. The sole duty of Vicis with
respect to the custody, safekeeping and physical preservation of the Collateral
in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal
with it in the same manner as Vicis deals with similar property for its own
account. Neither Vicis nor any of its directors, officers, employees or agents,
shall be liable for failure to demand, collect or realize upon any of the
Collateral or for any delay in doing so or shall be under any obligation to sell
or otherwise dispose of any Collateral upon the request of Debtor or otherwise.

      4.7 Lock Box; Collateral Account. This Section 4.7 shall be effective only
upon the occurrence and during the continuance of an Event of Default. If Vicis
so requests in writing, Debtor will direct each of its debtors on the Accounts
to make payments due under the relevant Account or chattel paper directly to a
special lock box to be under the control of Vicis. Debtor hereby authorizes and
directs Vicis to deposit into a special collateral account to be established and
maintained by Vicis all checks, drafts and cash payments received in said lock
box. All deposits in said collateral account shall constitute proceeds of
Collateral and shall not constitute payment of any Obligation until so applied.
At its option, Vicis may, at any time, apply finally collected funds on deposit
in said collateral account to the payment of the Obligations, in the order of
application selected in the sole discretion of Vicis, or permit Debtor to
withdraw all or any part of the balance on deposit in said collateral account.
If a collateral account is so established, Debtor agrees that it will promptly
deliver to Vicis, for deposit into said collateral account, all payments on
Accounts and chattel paper received by it. All such payments shall be delivered
to Vicis in the form received (except for Debtor's endorsement where necessary).
Until so deposited, all payments on Accounts and chattel paper received by
Debtor shall be held in trust by Debtor for and as the property of Vicis and
shall not be commingled with any funds or property of Debtor.

                                       6

<PAGE>

      4.8 Application of Proceeds. Vicis shall apply the proceeds resulting from
any sale or disposition of the Collateral in the following order:

            (a) to the costs of any sale or other disposition;

            (b) to the expenses incurred by Vicis in connection with any sale or
other disposition, including attorneys' fees;

            (c) to the payment of the Obligations then due and owing in any
order selected by Vicis; and

            (d) to Debtor.

      4.9 Other Remedies. No remedy herein conferred upon Vicis is intended to
be exclusive of any other remedy and each and every such remedy shall be
cumulative and shall be in addition to every other remedy given under this
Security Agreement and the Transaction Documents now or hereafter existing at
law or in equity or by statute or otherwise. No failure or delay on the part of
Vicis in exercising any right or remedy hereunder shall operate as a waiver
thereof nor shall any single or partial exercise of any right hereunder preclude
other or further exercise thereof or the exercise of any other right or remedy.

                                    ARTICLE V
                                  MISCELLANEOUS

      5.1 Expenses and Attorneys' Fees. Debtor shall pay all fees and expenses
incurred by Vicis, including the fees of counsel including in-house counsel, in
connection with the preparation, administration and amendment of this Security
Agreement and the protection, administration and enforcement of the rights of
Vicis under this Security Agreement or with respect to the Collateral, including
without limitation the protection and enforcement of such rights in any
bankruptcy.

      5.2 Setoff. Debtor agrees that Vicis shall have all rights of setoff and
bankers' lien provided by applicable law.

                                       7

<PAGE>

      5.3 Assignability; Successors. Debtor's rights and liabilities under this
Security Agreement are not assignable or delegable, in whole or in part, without
the prior written consent of Vicis. The provisions of this Security Agreement
shall inure to the benefit of and be binding upon the successors and assigns of
the parties.

      5.4 Survival. All agreements, representations and warranties made in this
Security Agreement or in any document delivered pursuant to this Security
Agreement shall survive the execution and delivery of this Security Agreement,
and the delivery of any such document.

      5.5 Governing Law. This Security Agreement shall be governed by, and
construed and interpreted in accordance with, the laws of the State of New York
applicable to contracts made and wholly performed within such state.

      5.6 Counterparts; Headings. This Security Agreement may be executed in
several counterparts, each of which shall be deemed an original, but such
counterparts shall together constitute but one and the same agreement. The
article and section headings in this Security Agreement are inserted for
convenience of reference only and shall not constitute a part hereof.

      5.7 Notices. All communications or notices required or permitted by this
Security Agreement shall be given to Debtor (to be delivered care of Borrower)
in accordance with Section 12.6 of the Note Purchase Agreement.

      5.8 Amendment. No amendment of this Security Agreement shall be effective
unless in writing and signed by Debtor and Vicis.

      5.9 Severability. Any provision of this Security Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions of this Security Agreement in such
jurisdiction or affecting the validity or enforceability of any provision in any
other jurisdiction.

      5.10 WAIVER OF RIGHT TO JURY TRIAL. VICIS AND DEBTOR ACKNOWLEDGE AND AGREE
THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS SECURITY AGREEMENT WOULD BE
BASED UPON DIFFICULT AND COMPLEX ISSUES AND, THEREFORE, THE PARTIES AGREE THAT
ANY LAWSUIT ARISING OUT OF ANY SUCH CONTROVERSY SHALL BE TRIED IN A COURT OF
COMPETENT JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.

      5.11 Submission to Jurisdiction; Service of Process. As a material
inducement to Vicis to make the Loan:

            (a) DEBTOR AGREES THAT ALL ACTIONS OR PROCEEDINGS IN ANY MANNER
RELATING TO OR ARISING OUT OF THIS SECURITY AGREEMENT MAY BE BROUGHT ONLY IN
COURTS OF THE STATE OF NEW YORK LOCATED IN NEW YORK COUNTY OR THE FEDERAL COURT
FOR THE SOUTHERN DISTRICT OF NEW YORK AND DEBTOR CONSENTS TO THE JURISDICTION OF
SUCH COURTS. DEBTOR WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE TO THE
VENUE OF ANY SUCH COURT AND ANY RIGHT IT MAY HAVE NOW OR HEREAFTER HAVE TO CLAIM
THAT ANY SUCH ACTION OR PROCEEDING IS IN AN INCONVENIENT COURT; AND

                                       8

<PAGE>

            (b) Debtor consents to the service of process in any such action or
proceeding by certified mail sent to Debtor (to be delivered care of Borrower)
at the address specified in Section 12.6 of the Note Purchase Agreement.

                            (signature page follows)

                                       9

<PAGE>

            IN WITNESS WHEREOF, this Guarantor Security Agreement has been
executed as of the day and year first above written.

                                        PetCARE Television Network, Inc.

                                        By: /s/ Philip M. Cohen
                                            ------------------------------------
                                            Name: Philip M. Cohen
                                            Title: Chief Executive Officer

                                        VICIS CAPITAL MASTER FUND
                                          By: Vicis Capital LLC

                                        By: /s/ Philip M. Cohen
                                            ------------------------------------
                                            Name: Shad Stastney
                                            Title: Chief Operating Officer

                                       10

<PAGE>

                        SCHEDULE 1 TO SECURITY AGREEMENT

                             Locations of Collateral

Organizational ID: 20-2753242

Address of Debtor's records of Collateral and chief executive office:

      8406 Benjamin Road, Suite C
      Tampa, FL 33634

Collateral Locations:

      8406 Benjamin Road, Suite C
      Tampa, FL 33634

                                       11

<PAGE>

                        SCHEDULE 2 TO SECURITY AGREEMENT

                              Intellectual Property

Patents - None

Trademarks - None

Copyrights - None

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