Document:

Exhibit 4.2

              CERTIFICATE OF DESIGNATION OF RIGHTS AND PREFERENCES

                                   RELATING TO

                 SERIES A CUMULATIVE CONVERTIBLE PREFERRED STOCK

      Supreme Holdings, Inc., a corporation organized and existing under and by
virtue of the General Corporation Law of the State of Nevada (the
"Corporation"), DOES HEREBY CERTIFY:

      FIRST: That the Board of Directors of said Corporation effective the 23rd
of April, 2004 adopted the following resolution:

      RESOLVED, that out of the Corporation's 5,000,000 shares of preferred
stock, par value $0.0001 per share ("Preferred Stock"), there was created a
series of Preferred Stock designated and known as "Series A Cumulative
Convertible Preferred Stock" consisting of 50,000 shares ("Series A Stock") with
an aggregate face value of $5,000,000 ($100 per share) and that the number of
shares of such Series A Stock is hereby increased to 60,000 shares with an
aggregate face value of $6,000,000 ($100 per shares); all of which Series A
Stock shall have the relative rights, preferences, voting powers, qualifications
and privileges as set out in that one certain Resolution of the Board of
Directors, effective as of January 16, 2004, a copy of which is attached hereto
and incorporated herein, for all purposes.

      SECOND: That the aforesaid resolution was duly adopted in accordance with
the applicable provisions of the General Corporation Law of the State of Nevada.

      IN WITNESS WHEREOF, said Corporation has caused this Designation of
Preferences to be signed by Charles T. Phillips, its Chief Executive Officer,
and attested by Sandy Livney, its Secretary, this the 23rd day of April, 2004,
and by execution hereof does declare and certify that this is the act and deed
of the Corporation and the facts herein stated are true.

                                /s/ Charles T. Phillips
                                -----------------------
                                Charles T. Phillips, Chief Executive Officer

                                /s/ Sandy Livney
                                ----------------
                                Sandy Livney, SecretaryExhibit 10.1
                                 PROMISSORY NOTE

$2,000,000.00                                       April 15, 2003

      FOR VALUE RECEIVED, SUPREME HOLDINGS, INC., a Nevada corporation, of
Houston, Harris County, Texas, (hereinafter referred to as ("Maker"), promises
to pay to the order of United Managers Group, Inc., a Texas corporation
("Payee"), the sum of TWO MILLION and No/100th Dollars ($2,000,000.00), or so
much thereof as may be advanced by Payee to Maker from time to time, including
advances made prior to the date hereof. The principal of and any interest on
this Note shall be due and payable in lawful money of the United States of
America, except as may be otherwise provided for herein, at 12001 Network Drive,
Building F, Suite 200, San Antonio, Texas 78249, or at such other address as
Payee may specify by notice in writing to Maker from time to time.

      The unpaid principal of this Note shall bear interest at the rate of ten
percent (10%) per annum. Unless sooner paid, as hereinafter provided, the
outstanding unpaid principal balance of this Note and all accrued and unpaid
interest thereon (collectively "Amount Due") shall be due and payable on the
expiration of one year from the date hereof ("Maturity Date").

      All past due payments on this Note not timely paid shall bear interest
from maturity until paid at the lesser of the Maximum Rate, as hereinafter
defined, or eighteen percent (18%) per annum.

      Maker may prepay the principal hereof at any time, in full or in part,
without prepayment penalty or premium. All payments shall be applied first to
accrued and unpaid interest, and then to the unpaid principal. balance of this
Note. Upon payment in full, this Note shall be cancelled and returned to Maker.

      Nothing herein or in any instrument, document or other writing now or
hereafter executed in connection with this Note shall entitle the holder of this
Note to contract for, charge or receive interest hereon in excess of the maximum
lawful rate of interest permitted to be charged by the holder of this Note to
Maker under the laws of the State of Texas, and in regard to which Maker would
be prevented from successfully raising the claim or defense of usury under
applicable law, and further limited by the provisions of this Note hereinafter
set forth, which provisions control the calculation of interest to be charged on
the loan evidenced by this Note ("Maximum Rate").

      It is agreed that time is of the essence of this Agreement, and the Maker
expressly agrees that the Maker shall be in default hereunder if the unpaid
principal balance and accrued and unpaid interest due under this Note shall not
be paid when due and payable.

      If this Note is collected by suit or bankruptcy court, or by any other
judicial proceedings or if this Note is not paid at maturity, howsoever such
maturity may be brought about, and is placed in the hands of an attorney for
collection, then the Maker promises to pay, reasonable attorney's fees in
addition to all other amounts owing hereunder.

      Maker does hereby waive grace, demand, notice of demand or presentment for
payment, notice of nonpayment, protest, notice of protest, notice of intention
to accelerate maturity, notice of acceleration and all other notices, filing of
suit, any notice of defense on account of the extension of the time for payments
and diligence in collecting this Note.

<PAGE>

      No delay on the part of the holder of this Note in the exercise of any
power or right under this Note or under any other instrument executed pursuant
hereto shall operate as a waiver thereof, nor shall a single or partial exercise
of any other power or right.

      All notices, requests, and demands shall be made or given to the
respective parties at their respective addresses as follows:

Payee:            United Managers Group, Inc.
                  12001 Network, Building F
                  Suite 200
                  San Antonio, Texas 78249

Maker:            Supreme Holdings, Inc.
                  5065 Westheimer - Suite 840
                  Houston, Texas 77056

All notices and other communications given under this Note shall be by actual
hand delivery by courier or delivery service or sent by certified mail, return
receipt requested, in each case addressed to the party at the address provided
herein or as changed in the manner specified in this Note for the giving of
notices. All notices given in the manner required in this Note shall be deemed
received upon the earlier to occur of actual receipt if by hand delivery or
presentation by the postal authorities for receipt if by certified mail.

      This Note has been executed and delivered, and is to be performed, in the
State of Texas, and the laws of such state shall govern the validity of
construction, enforcement, and interpretation of this Note. Venue for all
purposes shall be proper in Harris County, Texas.

      If any payment of principal or interest on this Note shall become due on a
Saturday, Sunday, or public holiday under the laws of the federal government or
the State of Texas, such payment shall be made on the next succeeding business
day.

      No delay by the holder in the exercise of any power or right hereunder, or
under any other instrument executed in connection herewith shall operate as a
waiver thereof, nor shall a single or partial exercise of any right or remedy
preclude other or further exercise of any other power, right or remedy.

      This Note is unsecured. Any event of default set forth herein shall
constitute an event of default hereunder and shall entitle Payee to declare the
entire amount of the principal hereof, together with all accrued, but unpaid
interest thereon, to be immediately due and payable.

      This Note is intended to create an obligation to repay on the part of
Maker, but does not in any way bind or obligate Payee, or any subsequent holder,
to fund any amounts hereunder.

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

                                            SUPREME HOLDINGS, INC.

                                            BY   /s/ Thomas J. Cloud, Jr.
                                              ---------------------------------
                                                Thomas J. Cloud, Jr.

                                       2Exhibit 10.2

                             Supreme Holdings, Inc.
                        3027 Marina Bay Drive - Suite 105
                 League City, Texas 77573 Telephone 713-621-4799

June 3, 2004

United Managers Group, Inc.
12001 Network, Building F
Suite 200
San Antonio, Texas 78249

Gentlemen,

This letter agreement is intended to set out certain agreements and
understandings between Supreme Holdings, Inc. ("Supreme") and United Managers
Group, Inc. ("UMG"). It is agreed and understood between the parties that
Supreme executed a promissory note (the "Note") in favor of UMG in the original
sum of up to $2,000,000.00 on April 15, 2003. The Note had a maturity date of
April 15, 2004. In February 2004, the parties agreed to exchange the amount of
all sums due under the Note for shares of Series A Cumulative Convertible
Preferred Stock ("Series A Stock") having a face value of $100.00 per share. By
resolution of the Board of Directors of Supreme, two blocks of Series A Stock
were issued to UMG, totaling 27,191 shares and representing $2,719,100.00 of
advances by UMG to Supreme. UMG continues to make advances to Supreme and
desires to do so under the terms of the Note.

UMG hereby agrees that the Maturity Date of the Note, as set forth therein is
extended to April 15, 2005. Supreme hereby agrees that it shall be bound by all
of the terms of the Note, as extended.

If the foregoing correctly reflects your understanding of our agreements, please
so indicate by executing two (2) copies of this letter agreement in the space
provided below. Retain one (1) copy for your files and return one (1) copy to
the undersigned.

Very truly yours,

Supreme Holdings, Inc.

         /s/ Charles T. Phillips
-----------------------------------------------------
Charles T. Phillips, President and CEO

AGREED and ACCEPTED
This 3rd day of June, 2004.

United Managers Group, Inc.

         /s/ Charles E. Pircher
-----------------------------------------------------
Charles E. Pircher, General Manager

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