Document:

Exhibit 10.21

                           HEALTH SCIENCES GROUP, INC.

NEITHER THIS WARRANT NOR THE COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT
HAVE BEEN  REGISTERED  UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"),
OR ANY  APPLICABLE  STATE  SECURITIES  LAWS  AND MAY  NOT BE  SOLD,  PLEDGED  OR
TRANSFERRED  IN THE  ABSENCE OF AN  EFFECTIVE  REGISTRATION  STATEMENT  FOR SUCH
SECURITIES  UNDER THE ACT OR  UNLESS AN  EXEMPTION  FROM  SUCH  REGISTRATION  IS
AVAILABLE.

Warrant                                                Date:
      2,000,000 Shares                                 August  1, 2003

                           HEALTH SCIENCES GROUP, INC.

                               WARRANT CERTIFICATE

         HEALTH SCIENCES GROUP, INC., a Colorado  corporation  ("HEALTH SCIENCES
GROUP,  INC."),  certifies that, for value received,  Blue and Gold Enterprises,
LLC., or registered assigns (the "Holder"),  is the owner of a Warrant of HEALTH
SCIENCES  GROUP,  INC.  (the  "Warrant").  The  Warrant  entitles  the Holder to
purchase from HEALTH  SCIENCES  GROUP,  INC. at any time prior to the Expiration
Date (as  defined  below)  up to  2,000,000  shares  of  Common  Stock of HEALTH
SCIENCES GROUP,  INC. This Warrant is issued pursuant to a Consulting  Agreement
of even date, between Steven Antebi and HEALTH SCIENCES GROUP, INC. The exercise
price for the Warrant  shall range from $1.25 to $2.75 per share of Common Stock
(the "Exercise  Price"),  in tranches  pursuant to the vesting formula set forth
below .

                                       1
<PAGE>

                       Vesting; Expiration Date; Exercise

Vesting. The Warrant granted hereunder shall be subject to vesting, i.e., become
exercisable by satisfying the following Performance Benchmarks as a condition to
the  vesting  or  exercisability  of the  Warrant,  assuming  Steven  Antebi  is
rendering his services under his Consulting Agreement as of the vesting dates:

                  (a)      First  Tranche of Warrant at $1.25.  The  Warrant for
                           500,000  shares  shall be  exercisable  at a price of
                           $1.25  per  share,  and  shall  vest,  i.e.,   become
                           exercisable  free of forfeiture,  after Steven Antebi
                           has continuously served in his capacity as advisor or
                           member of the Board of Health  Sciences  Group,  Inc.
                           ("HESG") under his Consulting  Agreement for a period
                           of 90 days from the date of his Consulting  Agreement
                           and Jacob Engel under his  Employment  Agreement with
                           HESG  dated  as  of  August  11,  2003   ("Employment
                           Agreement")   completed  the   Operational   Plan  as
                           provided  in the  Employment  Agreement  for  Quality
                           Botanical  Ingredients,  Inc. ("QBI") to the approval
                           of the  Board,  within  90  days  of the  date of his
                           Employment Agreement.

                  (b)      Second  Tranche of Warrant at $1.75.  The Warrant for
                           up to 500,000  shares shall be exercisable at a price
                           of $1.75 per  share,  and shall vest to the extent of
                           achievement  of the QBI operating  income  milestones
                           for the quarter ended  December 31, 2003, as follows:
                           if QBI's operating income for the quarter is at least
                           $125,000,  Warrants for 125,000 shares shall vest and
                           thereafter,  for each  increment  of  $25,000  of QBI
                           operating   income  for  the  quarter  an  additional
                           125,000  Warrants  for  shares  shall  vest  until  a
                           maximum of 500,000 Warrants  exercisable at $1.75 per
                           share shall vest, if the QBI operating income reaches
                           $200,000 for the quarter. Operating income increments
                           of less than  $25,000  shall be rounded up or down to
                           the nearest $25,000 number.

                  (c)      Warrant at $2.25.

<PAGE>

                           (i)      Third  Tranche  of the  Warrant  for  shares
                                    shall vest and be  exercisable  at $2.25 per
                                    share in  amounts  which  correspond  to the
                                    applicable  percentage of revenue growth for
                                    HESG for the year ended  December  31,  2004
                                    over  the   prior   year  as  shown  in  the
                                    following table:

<TABLE>
<CAPTION>
                                                         Percentage Year Over Year Revenue Growth for 2004
                                               -----------------------------------------------------------------------
                                                   7%            11%            15%            19%           23%
                                               ------------  -------------  -------------  ------------  -------------
<S>                                              <C>            <C>            <C>            <C>           <C>
Number Vested                                    20,000         30,000         40,000         50,000        60,000
Cumulative Vested                                20,000         50,000         90,000        140,000       200,000
</TABLE>

                                    Revenue  growth  percentages  in between the
                                    percentage  numbers  set  forth in the table
                                    shall  be  rounded  up or down  to the  next
                                    nearest number in the table.

                           (ii)     Fourth  Tranche  of the  Warrant  for shares
                                    shall vest and be  exercisable  at $2.25 per
                                    share in  amounts  which  correspond  to the
                                    applicable  operating  income  percentage of
                                    revenue  ("Operating  Margin")  for the year
                                    ended  2004  for  HESG,   as  shown  in  the
                                    following table:
<TABLE>
<CAPTION>

                                                               Percentage Operating Margin for 2004
                                               -----------------------------------------------------------------------
                                                   4%            5%             6%             7%             8%
                                               ------------  -------------  -------------  ------------  -------------
<S>                                              <C>            <C>            <C>            <C>           <C>
Number Vested                                    40,000         50,000         60,000         70,000        80,000
Cumulative Vested                                40,000         90,000        150,000        220,000       300,000
</TABLE>

                  (d) WARRANT AT $2.75.

                           (i)      Fifth  Tranche  of the  Warrant  for  shares
                                    shall vest and be  exercisable  at $2.75 per
                                    share in  amounts  which  correspond  to the
                                    applicable  percentage of revenue growth for
                                    HESG for the year ended  December  31,  2005
                                    over  the   prior   year  as  shown  in  the
                                    following table:

<TABLE>
<CAPTION>
                                                         Percentage Year Over Year Revenue Growth for 2005
                                               -----------------------------------------------------------------------
                                                  11%            14%            17%            20%           23%
                                               ------------  -------------  -------------  ------------  -------------
<S>                                              <C>            <C>            <C>            <C>           <C>
Number Vested                                    20,000         30,000         40,000         50,000        60,000
Cumulative Vested                                20,000         50,000         90,000        140,000       200,000
</TABLE>

<PAGE>

                           Revenue growth  percentages in between the percentage
                           numbers set forth in the table shall be rounded up or
                           down to the next nearest number in the table.

                  (ii)     Sixth  Tranche of the  Warrants for shares shall vest
                           and be  exercisable  at $2.75  per  share in  amounts
                           which  correspond to the applicable  operating income
                           percentage  of revenue  ("Operating  Margin") for the
                           year ended 2005 for HESG,  as shown in the  following
                           table:

<TABLE>
<CAPTION>
                                                               Percentage Operating Margin for 2005
                                               -----------------------------------------------------------------------
                                                   8%            9%             10%            11%           12%
                                               ------------  -------------  -------------  ------------  -------------
<S>                                              <C>            <C>            <C>            <C>           <C>
Number Vested                                    40,000         50,000         60,000         70,000        80,000
Cumulative Vested                                40,000         90,000        150,000        220,000       300,000
</TABLE>

For purposes of the Performance Benchmarks set forth in this Section 1.1, salary
increases  and  bonuses to Fred  Tannous and Bill Glaser in amounts in excess of
current  salary and the expensing of stock  options shall not be deemed  charges
against income in determining  operating margin, nor shall non-recurring charges
such as inventory  write-downs or corporate overhead charges from the Company to
QBI for the QBI 12/31/03 milestone set forth in (b) above.

<PAGE>

                  (e) OTHER ACCELERATING EVENTS AND REDEMPTION OF WARRANTS.

                           (i)      Provided  Steven  Antebi  has   continuously
                                    rendered  the  services  required  under his
                                    Consulting  Agreement  up to the date of the
                                    occurrence  of  an  Accelerating  Event,  as
                                    defined  below  in  this   subsection   (i),
                                    500,000 shares shall vest and be exercisable
                                    at $1.25 per share, and 500,000 shares shall
                                    vest and  become  exercisable  at $1.75  per
                                    share,  regardless of the non-achievement of
                                    the Performance Benchmarks, if HESG's Common
                                    Stock trades at a closing  price as reported
                                    in  the  OTC   market   or  on  a   National
                                    Securities Exchange, as applicable, at $3.00
                                    per  share  or  higher  for  5   consecutive
                                    trading days at an average volume of 100,000
                                    shares   per  day  over  the  5  day  period
                                    ("Accelerating   Event"),   in  which   case
                                    (assuming  HESG is then current under all of
                                    its   reporting    obligations   under   the
                                    Securities  Exchange  Act of 1934 for the 90
                                    day  period)  HESG  shall  have the right to
                                    redeem  the  Warrant  for  these   1,000,000
                                    shares at $.01 per share,  if Holder has not
                                    exercised  the Warrant  for these  1,000,000
                                    shares  within 90 days of written  notice of
                                    redemption  provided  to  him by  HESG,  and
                                    provided that a registration statement as to
                                    the  shares  underlying  the  Warrant  is in
                                    effect.

                           (ii)     Provided  Steven  Antebi  has   continuously
                                    rendered  the  services  required  under his
                                    Consulting  Agreement  up to the date of the
                                    occurrence  of  an  Accelerating  Event,  as
                                    defined  below  in  this  subsection   (ii),
                                    500,000 shares shall vest and be exercisable
                                    at $2.25 per share and 500,000  shares shall
                                    vest and be  exercisable at $2.75 per share,
                                    regardless  of  the  non-achievement  of the
                                    Performance  Benchmarks  if the HESG  Common
                                    Stock trades at a closing  price as reported
                                    in  the  OTC   Market   or  on  a   National
                                    Securities Exchange, as applicable, at $4.00
                                    per  share  or  higher  for  5   consecutive
                                    trading days at an average volume of 100,000
                                    shares   per  day  over  the  5  day  period
                                    ("Accelerating   Event"),   in  which   case
                                    (assuming  HESG is then current under all of
                                    its   reporting    obligations   under   the
                                    Securities  Exchange  Act of 1934 for the 90
                                    day  period)  HESG  shall  have the right to
                                    redeem  the  Warrant  for  these   1,000,000
                                    shares for $.01 per share, if Holder has not
                                    exercised  the Warrant  for these  1,000,000
                                    shares  within 90 days of written  notice of
                                    redemption  provided  to  him by  HESG,  and
                                    provided that a registration statement as to
                                    the  shares  underlying  the  Warrant  is in
                                    effect.

<PAGE>

Expiration  Date. The Warrant shall expire on three (3) years from date or dates
(the  "Expiration  Date,") of the vesting of the respective  Warrant tranches as
set forth in paragraph  1.1 above.  After the  Expiration  Date(s),  the Warrant
shall expire and be of no further force or effect.

Manner of Exercise.  The Warrant is exercisable  by delivery to HEALTH  SCIENCES
GROUP,  INC. of the following (the "Exercise  Documents"):  (a) this Certificate
(b) a written notice of election to exercise the Warrant; and (c) payment of the
Exercise  Price in cash,  by check in good  funds,  or by wire.  Within  10 days
following  receipt of the foregoing,  HEALTH SCIENCES GROUP,  INC. shall execute
and deliver to the Holder:  (a) a certificate or certificates  representing  the
aggregate  number of shares of Common Stock purchased by the Holder,  and (b) if
less than all of the shares covered by the Warrant evidenced by this Certificate
is exercised, a new certificate evidencing the Warrant not so exercised shall be
provided to Holder.

     Adjustments of Exercise Price and Number and Kind of Conversion Shares

In the event that HEALTH  SCIENCES  GROUP,  INC. shall at any time hereafter (a)
pay a dividend in Common Stock or securities  convertible into Common Stock; (b)
subdivide or split its  outstanding  Common Stock;  (c) combine its  outstanding
Common Stock into a smaller number of shares; (d) spin-off to its shareholders a
subsidiary or  operating-business  unit;  then the number of shares to be issued
immediately after the occurrence of any such event shall be adjusted so that the
Holder  thereafter  may  receive  the  number of  shares of Common  Stock or the
equivalent value it would have owned immediately following such action if it had
exercised the Warrant  immediately  prior to such action and the Exercise  Price
shall be adjusted to reflect  such  proportionate  increases or decreases in the
number of shares.

<PAGE>

In case of any reclassification of the outstanding shares of Common Stock (other
than a change covered by Section 2.1 hereof or a change which solely affects the
par  value of such  shares)  or in the case of any  merger or  consolidation  or
merger in which HEALTH  SCIENCES GROUP,  INC. is not the continuing  corporation
and which  results  in any  reclassification  or capital  reorganization  of the
outstanding  shares),  the  Holder  shall have the right  thereafter  (until the
Expiration  Date) to receive upon the exercise  hereof,  for the same  aggregate
Exercise Price payable  hereunder  immediately prior to such event, the kind and
amount of shares of stock or other  securities or property  receivable upon such
reclassification,  capital reorganization,  merger or consolidation, by a Holder
of the number of shares of Common  Stock  obtainable  upon the  exercise  of the
Warrant  immediately  prior  to such  event;  and if any  reclassification  also
results in a change in shares covered by Section 2.1, then such adjustment shall
be made  pursuant to both this Section 2.2 and Section 2.1.  The  provisions  of
this Section 2.2 shall similarly apply to successive reclassifications,  capital
reorganizations and mergers or consolidations, sales or other transfers.

Transfer.  Subject to compliance with applicable securities laws, the Warrant is
transferable  on the books of HEALTH SCIENCES  GROUP,  INC.  maintained for such
purpose  by  HEALTH  SCIENCES  GROUP,  INC.  in  person,  or by duly  authorized
attorney,  upon surrender of this Certificate properly endorsed and upon payment
of any necessary  transfer tax or other  governmental  charge  imposed upon such
transfer.  If less than all of the  Warrant  evidenced  by this  Certificate  is
transferred,  HEALTH  SCIENCES  GROUP,  INC. will,  upon  transfer,  execute and
deliver  to  the  Holder  a  new  certificate  evidencing  the  Warrant  not  so
transferred.

Reservation of Shares.  HEALTH SCIENCES  GROUP,  INC. shall at all times reserve
and keep available out of its  authorized  but unissued  shares of Common Stock,
such  number of shares of Common  Stock as shall  from time to time be  issuable
upon  exercise  of the  Warrant.  If at any time the  number of  authorized  but
unissued  shares of Common Stock shall not be  sufficient to permit the exercise
of the Warrant,  HEALTH SCIENCES GROUP,  INC. shall promptly seek such corporate
action as may necessary to increase its authorized but unissued shares of Common
Stock to such number of shares as shall be sufficient for such purpose.

Certificate  as to  Adjustments.  In each case of any adjustment in the Exercise
Price,  or number or type of shares  issuable upon exercise of the Warrant,  the
Chief  Financial  Officer of HEALTH  SCIENCES  GROUP,  INC.  shall  compute such
adjustment in accordance with the terms of the Warrant and prepare a certificate

<PAGE>

setting  forth such  adjustment  and showing in detail the facts upon which such
adjustment  is based,  including a statement  of the  adjusted  Exercise  Price.
HEALTH  SCIENCES  GROUP,  INC.  shall  promptly send (by facsimile and by either
first class mail,  postage  prepaid or  overnight  delivery) a copy of each such
certificate to the Holder.

Loss or Mutilation.  Upon receipt of evidence reasonably  satisfactory to HEALTH
SCIENCES  GROUP,  INC. of the ownership of and the loss,  theft,  destruction or
mutilation of this Certificate,  and of indemnity reasonably satisfactory to it,
and (in the case of mutilation)  upon surrender and cancellation of the Warrant,
HEALTH  SCIENCES  GROUP,  INC.  will  execute and deliver in lieu  thereof a new
Certificate  of  like  tenor  as  the  lost,  stolen,   destroyed  or  mutilated
Certificate.

<PAGE>

 Representations and Warranties of HEALTH SCIENCES GROUP, INC.. HEALTH SCIENCES
           GROUP, INC. hereby represents and Warrant to Holder that:

Due  Authorization.  All corporate  action on the part of HEALTH SCIENCES GROUP,
INC.,  its  officers,   directors  and   shareholders   necessary  for  (a)  the
authorization, execution and delivery of, and the performance of all obligations
of HEALTH SCIENCES GROUP,  INC. under this Warrant,  and (b) the  authorization,
issuance,  reservation  for  issuance  and  delivery of all of the Common  Stock
issuable  upon  exercise  of this  Warrant,  has been duly taken.  This  Warrant
constitute  a valid and  binding  obligation  of  HEALTH  SCIENCES  GROUP,  INC.
enforceable  in  accordance  with their terms,  subject,  as to  enforcement  of
remedies, to applicable bankruptcy, insolvency,  moratorium,  reorganization and
similar laws  affecting  creditors'  rights  generally and to general  equitable
principles.

Organization.  HEALTH  SCIENCES  GROUP,  INC. is a corporation  duly  organized,
validly  existing and in good standing under the laws of the State referenced in
the first paragraph of this Certificate and has all requisite corporate power to
own,  lease and operate its  property  and to carry on its business as now being
conducted and as currently proposed to be conducted.

Valid Issuance of Stock. Any shares of Common Stock issued upon exercise of this
Warrant will be duly and validly issued, fully paid and non-assessable.

Governmental  Consents.  All  consents,  approvals,  orders,  authorizations  or
registrations, qualifications, declarations or filings with any federal or state
governmental  authority on the part of HEALTH SCIENCES GROUP,  INC.  required in
connection with the  consummation of the transactions  contemplated  herein have
been obtained.

                             Notices of Record Date.

         In case:

HEALTH  SCIENCES  GROUP,  INC.  shall take a record of the holders of its Common
Stock (or other stock or securities at the time  receivable upon the exercise of
this  Warrant),  for the purpose of  entitling  them to receive any  dividend or
other  distribution,  or any right to  subscribe  for or purchase  any shares of
stock of any class or any other securities or to receive any other right; or

<PAGE>

of any  consolidation  or merger of HEALTH  SCIENCES  GROUP,  INC.  with or into
another corporation,  any capital reorganization of HEALTH SCIENCES GROUP, INC.,
any reclassification of the capital stock of HEALTH SCIENCES GROUP, INC., or any
conveyance of all or  substantially  all of the assets of HEALTH SCIENCES GROUP,
INC. to another  corporation in which holders of HEALTH SCIENCES  GROUP,  INC.'s
stock are to receive stock, securities or property of another corporation; or of
any voluntary  dissolution,  liquidation or winding-up of HEALTH SCIENCES GROUP,
INC.; or

of any redemption or conversion of all  outstanding  Common Stock;  then, and in
each such case,  HEALTH SCIENCES GROUP,  INC. will mail or cause to be mailed to
the  Holder a  notice  specifying,  as the case may be,  (a) the date on which a
record is to be taken for the purpose of such dividend,  distribution  or right,
or (b) the date on which such reorganization,  reclassification,  consolidation,
merger,  conveyance,   dissolution,   liquidation,   winding-up,  redemption  or
conversion is to take place,  and the time,  if any is to be fixed,  as of which
the  holders of record of Common  Stock or (such stock or  securities  as at the
time are  receivable  upon the exercise of this  Warrant),  shall be entitled to
exchange their shares of Common Stock (or such other stock or  securities),  for
securities   or   other   property   deliverable   upon   such   reorganization,
reclassification, consolidation, merger, conveyance, dissolution, liquidation or
winding-up.  HEALTH  SCIENCES  GROUP,  INC. shall use all reasonable  efforts to
ensure such notice shall be delivered at least 15 days prior to the date therein
specified.

Severability.  If any term, provision, covenant or restriction of the Warrant is
held by a court of competent  jurisdiction to be invalid, void or unenforceable,
the  remainder  of the terms,  provisions,  covenants  and  restrictions  of the
Warrant  shall  remain in full force and effect and shall in no way be affected,
impaired or invalidated.

Notices.  All  notices,  requests,  consents and other  communications  required
hereunder  shall be in  writing  and by first  class  mail or by  registered  or
certified mail, postage prepaid,  return receipt  requested,  and (other than in
connection  with the exercise of the Warrant)  shall be deemed to have been duly
made when received or, if sent  registered or certified mail,  postage  prepaid,
return receipt  requested,  on the third day following  deposit in the mails: if
addressed  to the  Holder,  at the last  address of such  Holder on the books of
HEALTH SCIENCES GROUP,  INC.; and if addressed to HEALTH SCIENCES GROUP, INC. at
6080  Center  Drive,  6th Floor,  Los  Angeles,  California  90045 or such other
address as HEALTH SCIENCES GROUP, INC. may designate in writing.

<PAGE>

No Rights as  Shareholder.  The Holder shall have no rights as a shareholder  of
HEALTH SCIENCES GROUP, INC. with respect to the shares issuable upon exercise of
the  Warrant  until the  receipt by HEALTH  SCIENCES  GROUP,  INC. of all of the
Exercise Documents.  Except as may be provided by Section 2 of this Certificate,
no adjustment shall be made for dividends (ordinary or extraordinary, whether in
cash,  securities or other property) or  distributions or other rights for which
the record date is prior to the date HEALTH SCIENCES GROUP, INC. receives all of
the Exercise Documents.

HEALTH SCIENCES GROUP, INC.

By: __________________________________

    _________________________Officer

<PAGE>

                                   EXHIBIT "A"
                               NOTICE OF EXERCISE
                (To be signed only upon exercise of the Warrant)

To:      HEALTH SCIENCES GROUP, INC.

         The  undersigned  hereby elects to purchase shares of Common Stock (the
"Warrant  Shares") of HEALTH  SCIENCES  GROUP,  INC.  ("HEALTH  SCIENCES  GROUP,
INC."),  pursuant  to  the  terms  of  the  enclosed  warrant  certificate  (the
"Certificate").  The undersigned  tenders herewith payment of the exercise price
pursuant to the terms of the Certificate.

The  undersigned  hereby  represents  and  Warrant to, and agrees  with,  HEALTH
SCIENCES GROUP, INC. as follows:

         1. Holder is  acquiring  the Warrant  Shares for its own  account,  for
investment purposes only.

         2. Holder understands that an investment in the Warrant Shares involves
a high degree of risk, and Holder has the financial ability to bear the economic
risk of this investment in the Warrant Shares, including a complete loss of such
investment.  Holder has adequate  means for providing for its current  financial
needs and has no need for liquidity with respect to this investment.

         3. Holder has such  knowledge and  experience in financial and business
matters that it is capable of  evaluating  the merits and risks of an investment
in the Warrant Shares and in protecting its own interest in connection with this
transaction.

         4. Holder  understands that the Warrant Shares have not been registered
under the Securities Act or under any state securities laws.  Holder is familiar
with  the  provisions  of  the  Securities  Act  and  Rule  144  thereunder  and
understands  that the  restrictions on transfer on the Warrant Shares may result
in Holder being required to hold the Warrant Shares for an indefinite  period of
time.

         5. Holder agrees not to sell, transfer, assign, gift, create a security
interest   in,  or   otherwise   dispose  of,  with  or  without   consideration
(collectively,  "Transfer")  any of the  Warrant  Shares  except  pursuant to an
effective  registration  statement under the Securities Act or an exemption from
registration.  As a further condition to any such Transfer,  except in the event

<PAGE>

that such Transfer is made pursuant to an effective registration statement under
the Securities  Act, if in the reasonable  opinion of counsel to HEALTH SCIENCES
GROUP,  INC. any Transfer of the Warrant Shares by the  contemplated  transferee
thereof  would not be  exempt  from the  registration  and  prospectus  delivery
requirements of the Securities Act, HEALTH SCIENCES GROUP,  INC. may require the
contemplated   transferee  to  furnish  HEALTH  SCIENCES  GROUP,  INC.  with  an
investment  letter  setting  forth such  information  and  agreements  as may be
reasonable requested by HEALTH SCIENCES GROUP, INC. to ensure compliance by such
transferee with the Securities Act.

         Each certificate  evidencing the Warrant Shares will bear the following
legend:

"THE SECURITIES  REPRESENTED BY THIS  CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933 (THE "ACT") OR ANY APPLICABLE  STATE  SECURITIES LAWS
AND MAY NOT BE  EXERCISED,  SOLD,  PLEDGED OR  TRANSFERRED  IN THE ABSENCE OF AN
EFFECTIVE  REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER THE ACT OR UNLESS AN
EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE.

Number of Warrant Exercised:  ______________

Net Exercise  ____  Yes  ___ No

Dated:
                                     [Name]Exhibit 10.22

                           HEALTH SCIENCES GROUP, INC.
                        2003 STOCK OPTION, DEFERRED STOCK
                                       AND
                              RESTRICTED STOCK PLAN

THIS DOCUMENT  CONSTITUTES  PART OF A PROSPECTUS  COVERING  SECURITIES THAT HAVE
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933

         Any offer or sale of any security  covered by this  document  must meet
each of the following criteria:

(1)  Sales of the  security  are not  made to more  than 35  persons,  including
persons not in California.

(2) All purchasers either have a preexisting  personal or business  relationship
with the Company or any of its officers, directors or controlling persons, or by
reasons of their  business or financial  experience or the business or financial
experience of their professional  advisors who are unaffiliated with and who are
not  compensated  by the  Company  or any  affiliate  or agent  of the  Company,
directly or  indirectly,  could be  reasonably  assumed to have the  capacity to
protect their own interests in connection with the transaction.

(3)  Each  purchaser  represents  that  the  purchaser  is  purchasing  for  the
purchaser's  own account (or a trust  account if the purchaser is a trustee) and
not  with a view to or for  sale in  connection  with  any  distribution  of the
security.

(4) The offer and sale of the security is not accomplished by the publication of
any  advertisement.  The number of purchasers  referred to above is exclusive of
any described or subdivision  (i) of Section 25102 of the  California  Corporate
Securities  Act of  1968 or  Rule  260.102.13  of the  Rules  of the  California
Corporate Commissioner,  any officer,  director, or affiliate of the Company and
any other purchaser who the Commissioner designates by rule.

Section 1.        General Purpose of Plan; Definitions.

         (a) This plan is  intended  to  implement  and  govern  the 2003  Stock
Option, Deferred Stock and Restricted Stock Plan (the "Plan") of HEALTH SCIENCES
GROUP,  INC., (the "Company").  The Plan was adopted August 7, 2003 by the Board
of  Directors.  The  purpose of the Plan is to enable the  Company to obtain and
retain competent,  employees,  personnel,  consultants and service providers who
will contribute to the Company's success by their ability,  ingenuity,  industry
and  services,   and  to  provide  incentives  to  such  personnel,   employees,
consultants and service  providers and will  therefore,  inure to the benefit of
all shareholders of the Company.

         (b) For purposes of the Plan,  the following  terms shall be defined as
set forth below:

                  (1) "ADMINISTRATOR"  means the Board, or if the Board does not
administer the Plan, the Committee, in accordance with Section 2.

                  (2)  "AWARD"  means any award of  Deferred  Stock,  Restricted
Stock or Stock Options.

                  (3) "BOARD" means the Board of Directors of the Company.

                  (4) "CODE" means the Internal Revenue Code of 1986, as amended
from time to time, or any successor thereto.

                  (5) "COMMISSION" means the Securities and Exchange Commission.

<PAGE>

                  (6) "COMMITTEE" means the Compensation Committee of the Board,
or any other  Committee the Board may  subsequently  appoint to  administer  the
Plan. If at any time the Board shall  administer the Plan, then the functions of
the Committee specified in the Plan shall be exercised by the Board.

                  (7) "COMPANY" means HEALTH SCIENCES GROUP, INC., a corporation
organized  under the laws of Colorado  and its  Subsidiaries  (or any  successor
corporation).

                  (8) "DEFERRED  STOCK" means an award made granted  pursuant to
Section 6 below of the right to receive Stock at the end of a specified deferral
period.

                  (9)  "DISABILITY"  means  permanent  and total  disability  as
determined  under  the  Company's  disability  program  or  policy,  or if  such
disability program or policy does not exist, then any disability that renders an
Eligible  Participant unable to serve the Company in the capacity for which such
Eligible Participant served immediately prior to such disability.

                  (10) "EFFECTIVE DATE" shall mean the date provided pursuant to
Section 15.

                  (11)  "ELIGIBLE  PARTICIPANT"  means an employee,  consultant,
advisor,  service  provider,  director  (including  non-employee  director),  or
Officer of the Company,  eligible to participate in the Plan pursuant to Section
4, provided however in the case of a consultant or service provider, such person
is (i) a natural  person (ii) provides  bona fide  services to the Company,  and
(iii) the services are not in connection with the offer or sale of securities in
a capital  -raising  transaction  and do not directly or  indirectly  promote or
maintain a market in the Company's securities.

                  (12) "EXCHANGE ACT" means the Securities Exchange Act of 1934,
as amended.

                  (13) "FAIR MARKET  VALUE"  means,  as of any given date,  with
respect to any Awards granted hereunder,  at the discretion of the Administrator
and subject to such limitations as the Administrator may impose, (A) the closing
sales price of the Stock on such date,  or (B) the average of the closing  sales
price of the Stock on each day on which the Stock was traded over a period of up
to twenty  trading days  immediately  prior to such date, or (C) if the Stock is
not publicly traded, the fair market value of the Stock as otherwise  determined
by the Administrator in the good faith exercise of its discretion.

                  (14) "INCENTIVE  STOCK OPTION" means any Stock option intended
to be designated as an  "incentive  stock option"  within the meaning of Section
422 of the Code.

                  (15) "NON-QUALIFIED  STOCK OPTION" means any Stock Option that
is not an Incentive  Stock Option,  including any Stock Option that provides (as
of the time such option is granted)  that it will not be treated as an Incentive
Stock Option.

                  (16) "OFFICER" means the Chief Executive Officer,  Chairman of
the Board,  President,  Chief Financial Officer, Chief Accounting Officer, Chief
Operating Officer, any vice president in charge of a principal business function
(such as sales,  administration  or finance)  and any other  person who performs
similar policy-making functions for the Company.

                  (17) "PARENT  CORPORATION"  means any corporation  (other than
the Company) in an unbroken chain of  corporations  ending with the Company,  if
each of the  corporations  other than the Company owns stock  possessing  50% or
more of the total  combined  voting  power of all classes of stock in one of the
other corporations in the chain.

                  (18) "PARTICIPANT" means any Eligible  Participant selected by
the Administrator  pursuant to the Administrator's  authority in Section 2 below
to  receive  grants  of  Stock  Options  or  Awards  or any  combination  of the
foregoing.

                  (19)   "RESTRICTED   PERIOD"  means  the  period  set  by  the
Administrator  as it pertains  to  Deferred  Stock or  Restricted  Stock  awards
pursuant to Section 6.

<PAGE>

                  (20)  "RESTRICTED  STOCK"  means an award of  shares  of Stock
granted  pursuant to Section 6 subject to restrictions  that will lapse with the
passage  of  time  or upon  the  attainment  of  performance  objectives,  or in
consideration of services, in which case if the shares are registered under Form
S-8 and are fully vested as determined  by the  Administrator,  no  restrictions
shall be applicable with respect to such shares.

                  (21)  "SECURITIES  ACT" means the  Securities  Act of 1933, as
amended.

                  (22) "STOCK" means the Common Stock,  $0.001 par value, of the
Company.

                  (23)  "STOCK  OPTION"  means an option to  purchase  shares of
Stock granted pursuant to Section 5.

                  (24)  "SUBSIDIARY"  means  any  corporation  (other  than  the
Company) in an unbroken chain of  corporations  beginning  with the Company,  if
each of the corporations (other than the last corporation) in the unbroken chain
owns stock  possessing  50% or more of the total  combined  voting  power of all
classes of stock in one of the other corporations in the chain.

Section 2.        Administration.

         (a) The  Plan  shall be  administered  by the  Board or by a  Committee
appointed  by the  Board,  which  shall  serve  at the  pleasure  of the  Board;
PROVIDED,  HOWEVER,  that if the Stock is  registered  under  Section  12 of the
Securities  Act and if the Committee  does not consist  solely of  "Non-Employee
Directors," as defined in Rule 16b-3 as promulgated by the Commission  under the
Exchange  Act,  and as such  Rule  may be  amended  from  time to  time,  or any
successor  definition  adopted  by  the  Commission,  then  the  Plan  shall  be
administered, and each grant shall be approved, by the Board.

         (b) The  Administrator  shall have the power and  authority to grant to
Eligible  Participants,  pursuant to the terms of the Plan:  (i) Stock  Options,
(ii) Deferred  Stock,  (iii)  Restricted  Stock,  or (iv) any combination of the
foregoing.

         In particular, the Administrator shall have the authority:

                  (1) to select  those  employees  of the Company and others who
are Eligible Participants;

                  (2) to  determine  whether and to what extent  Stock  Options,
Deferred Stock,  Restricted  Stock or a combination of the foregoing,  are to be
granted to Eligible Participants;

                  (3) to  determine  the number of shares of Stock to be covered
by each such Award;

                  (4) to determine the terms and  conditions,  not  inconsistent
with the terms of the Plan, of any such Award including, but not limited to, (i)
the restricted  period  applicable to Deferred Stock or Restricted Stock awards,
(ii) the date or dates on which  restrictions  applicable to such Deferred Stock
or Restricted  Stock shall lapse during such period,  and (iii) when and in what
increments shares covered by Stock Options may be purchased; and

                  (5) to determine the terms and  conditions,  not  inconsistent
with  the  terms  of the  Plan,  which  shall  govern  all  written  instruments
evidencing  the  Stock  Options,   Deferred  Stock,   Restricted  Stock  or  any
combination of the foregoing.

         (c) The Administrator shall have the authority,  in its discretion,  to
adopt,  alter and repeal such  administrative  rules,  guidelines  and practices
governing  the Plan as it shall from time to time deem  advisable;  to interpret
the terms and  provisions  of the Plan and any Award  issued under the Plan (and
any agreements relating thereto);  and to otherwise supervise the administration
of the Plan.

         (d) All decisions made by the Administrator  pursuant to the provisions
of the Plan shall be final and binding on all  persons,  including  the Company,
any future Subsidiaries or Parent Corporation and the Participants.

<PAGE>

Section 3.        Stock Subject to Plan.

          (a) The total  number of shares of Stock  reserved and  available  for
issuance under the Plan shall be 4,200,000  shares subject to annual increase in
the  sole  discretion  of the  Board  to an  amount  equal  to  30% of the  then
outstanding  fully  diluted  shares of Common Stock of the Company.  Such shares
shall consist of authorized but unissued shares of Common Stock.

         (b) To the  extent  that (i) a Stock  Option  expires  or is  otherwise
terminated  without  being  exercised or (ii) any shares of Stock subject to any
Deferred Stock or Restricted Stock award granted  hereunder are forfeited,  such
shares shall again be available  for issuance in  connection  with future Awards
under the Plan.  If any shares of Stock  have been  pledged  as  collateral  for
indebtedness  incurred by a  Participant  in  connection  with the exercise of a
Stock Option and such shares are returned to the Company in satisfaction of such
indebtedness,  such shares shall again be available  for issuance in  connection
with future Awards under the Plan.

         (c)  In  the  event  of  any  merger,  reorganization,   consolidation,
recapitalization,  stock  dividend,  or  other  change  in  corporate  structure
affecting the Stock, an appropriate  substitution or adjustment shall be made in
(i) the aggregate  number of shares  reserved for issuance  under the Plan,  and
(ii) the kind,  number and option price of shares subject to  outstanding  Stock
Options  or  Awards  granted  under  the  Plan  as  may  be  determined  by  the
Administrator,  in its sole  discretion,  provided  that the  number  of  shares
subject to any Award shall always be a whole number. Such other substitutions or
adjustments shall be made as may be determined by the Administrator, in its sole
discretion;  PROVIDED,  HOWEVER,  that with respect to Incentive  Stock Options,
such adjustment shall be made in accordance with Section 424 of the Code.

Section 4.        Eligibility.

         Officers and other employees, directors and consultants and advisors of
the Company,  who are responsible  for or contribute to the  management,  growth
and/or  profitability of the business of the Company and service providers shall
be  eligible  to be  granted  Non-Qualified  Stock  Options,  Deferred  Stock or
Restricted Stock awards  hereunder.  Officers and other employees of the Company
shall also be eligible to be granted  Incentive  Stock  Options  hereunder.  The
Participants  under  the  Plan  shall  be  selected  from  time  to  time by the
Administrator, in its sole discretion, from among the persons recommended by the
senior management of the Company, and the Administrator shall determine,  in its
sole discretion, the number of shares covered by each Award.

Section 5.        Stock Options for Eligible Employees.

         (a) Stock  Options may be granted  alone or in addition to other Awards
granted under the Plan. Any Stock Option granted under the Plan shall be in such
form as the Administrator  may from time to time approve,  and the provisions of
Stock  Option  awards  need  not be the  same  with  respect  to each  Optionee.
Recipients of Stock Options shall enter into a stock option  agreement  with the
Company,  in such form as the  Administrator  shall  determine,  which agreement
shall set forth,  among other things, the exercise price of the option, the term
of the option and  provisions  regarding  exercisability  of the option  granted
thereunder.

         (b) The Stock Options  granted under the Plan may be of two types:  (x)
Incentive Stock Options and (y) Non-Qualified Stock Options.

         The  Administrator  shall have the  authority  under this  Section 5 to
grant any Optionee Incentive Stock Options, Non-Qualified Stock Options, or both
types of Stock Options; PROVIDED,  HOWEVER, that Incentive Stock Options may not
be granted to any  individual  who is not an  employee  of the  Company.  To the
extent that any Stock Option does not qualify as an Incentive  Stock Option,  it
shall constitute a separate Non-Qualified Stock Option. More than one option may
be granted to the same Optionee and be outstanding concurrently hereunder.

         (c) Stock  Options  granted  under  the Plan  shall be  subject  to the
following  terms and  conditions  and shall  contain such  additional  terms and
conditions,  not inconsistent  with the terms of the Plan, as the  Administrator
shall, in its sole discretion, deem desirable:

<PAGE>

                  (i)  OPTION  PRICE.  The  option  price  per  share  of  Stock
purchasable  under  an  Incentive  Stock  Option  shall  be  determined  by  the
Administrator,  in its sole  discretion,  at the time of grant  but shall be not
less than 100% of the Fair  Market  Value of the Stock on such date.  The option
price per share of Stock purchasable  under a Non-Qualified  Stock Option may be
less than 100% of such Fair Market Value as determined by the Administrator.  If
an  employee  owns or is  deemed  to own (by  reason  of the  attribution  rules
applicable  under  Section  424(d)  of the Code)  more than 10% of the  combined
voting  power of all  classes of stock of the  Company  and an  Incentive  Stock
Option is granted to such  employee,  the option price of such  Incentive  Stock
Option (to the  extent  required  by the Code at the time of grant)  shall be no
less than 110% of the Fair Market Value of the Stock on the date such  Incentive
Stock Option is granted.

                  (ii) OPTION TERM. The term of each Stock Option shall be fixed
by the  Administrator,  but no Stock Option shall be  exercisable  more than ten
years after the date such Stock Option is granted; PROVIDED, HOWEVER, that if an
employee owns or is deemed to own (by reason of the attribution rules of Section
424(d) of the Code) more than 10% of the combined voting power of all classes of
stock of the Company or any future Parent  Corporation or any future  Subsidiary
and an  Incentive  Stock  Option is granted to such  employee,  the term of such
Incentive Stock Option (to the extent required by the Code at the time of grant)
shall be no more than five years from the date of grant.

                  (iii)  EXERCISABILITY.  Stock Options shall be  exercisable as
determined by the  Administrator or immediately for shares of Restricted  Stock,
if the Administrator so determines,  which shall be subject to the provisions of
Section 6 below, and subject to such terms and conditions as shall be determined
by the  Administrator  at or after  grant;  PROVIDED,  HOWEVER,  that such Stock
Options shall in any case vest at least 20% per year over the  five-year  period
commencing  from the date of grant.  To the extent not  exercised,  installments
shall  accumulate  and be  exercisable  in whole  or in part at any  time  after
becoming  exercisable but not later than the date the Stock Option expires.  The
Administrator  may provide,  in its  discretion,  that any Stock Option shall be
exercisable  only  in  installments,   and  the  Administrator  may  waive  such
installment  exercise  provisions  at any time in whole or in part based on such
factors as the Administrator may determine in its sole discretion.

                  (iv)  METHOD OF  EXERCISE.  Subject to  Subsection  5(c)(iii),
Stock Options may be exercised in whole or in part at any time during the option
period by giving written notice of exercise to the Company specifying the number
of shares to be purchased,  accompanied by payment in full of the purchase price
in  cash  or its  cash  equivalent,  as  determined  by the  Administrator.  The
Administrator may, in its sole discretion, accept payment in whole or in part on
behalf of the Company (i) in the form of unrestricted Stock already owned by the
optionee,  or, in the case of the  exercise  of a  Non-Qualified  Stock  Option,
Restricted Stock subject to an Award hereunder (based, in each case, on the Fair
Market  Value  of the  Stock  on the  date the  option  is  exercised),  (ii) by
cancellation of any indebtedness owed by the Company to the optionee, (iii) by a
full recourse promissory note executed by the optionee,  (iv) by requesting that
the Company withhold whole shares of Common Stock then issuable upon exercise of
the Stock  Option  (based on the Fair Market  Value of the Stock on the date the
option is exercised),  (v) by  arrangement  with a broker which is acceptable to
the  Administrator  where  payment of the option  price is made  pursuant  to an
irrevocable  direction to the broker to deliver all or part of the proceeds from
the sale of the  shares  underlying  the option to the  Company,  or (vi) by any
combination  of  the  foregoing;  PROVIDED,  HOWEVER,  that  in the  case  of an
Incentive  Stock Option,  the right to make payment in the form of already owned
shares may be authorized  only at the time of grant.  Any payment in the form of
stock  already  owned by the optionee  may be effected by use of an  attestation
form approved by the Administrator. If payment of the option exercise price of a
Non-Qualified Stock Option is made in whole or in part in the form of Restricted
Stock, the shares received upon the exercise of such Stock Option (to the extent
of the number of shares of Restricted  Stock  surrendered  upon exercise of such
Stock Option) shall be restricted in accordance  with the original  terms of the
Restricted  Stock award in question,  except that the  Administrator  may direct
that such  restrictions  shall apply only to that number of shares  equal to the
number of shares surrendered upon the exercise of such option. An optionee shall
generally  have the rights to dividends and other rights of a  shareholder  with
respect  to shares  subject  to the option  only  after the  optionee  has given
written notice of exercise, has paid in full for such shares, and, if requested,
has given the representation described in paragraph (a) of Section 10.

         (d) The Administrator  may require the voluntary  surrender of all or a
portion of any Stock Option granted under the Plan as a condition precedent to a
grant of a new Stock Option.  Subject to the  provisions  of the Plan,  such new
Stock Option shall be exercisable  at the price,  during such period and on such

<PAGE>

other terms and conditions as are specified by the Administrator at the time the
new Stock Option is granted; PROVIDED, HOWEVER, that should the Administrator so
require,  the  number of shares  subject to such new Stock  Option  shall not be
greater than the number of shares subject to the surrendered Stock Option.  Upon
their surrender,  the Stock Options shall be canceled and the shares  previously
subject to such  canceled  Stock  Options shall again be available for grants of
Stock Options and other Awards hereunder.

         (e) Subject to the  restrictions,  if any are applicable of Section 402
of the SARBANES-OXLEY Act of 2002, the Company may make loans available to Stock
Option holders in connection  with the exercise of outstanding  options  granted
under the Plan, as the  Administrator,  in its discretion,  may determine.  Such
loans shall (i) be  evidenced  by  promissory  notes  entered  into by the Stock
Option  holders  in favor of the  Company,  (ii) be  subject  to the  terms  and
conditions set forth in this paragraph and such other terms and conditions,  not
inconsistent  with the Plan, as the  Administrator  shall determine,  (iii) bear
interest,  if any, at such rate as the Administrator shall determine and (iv) be
subject to Board approval. In no event may the principal amount of any such loan
exceed  the sum of (x) the  exercise  price  less the par value of the shares of
Stock covered by the option, or portion thereof, exercised by the holder and (y)
any Federal,  state,  and local income tax  attributable  to such exercise.  The
initial term of the loan,  the  schedule of payments of  principal  and interest
under the loan,  the extent to which the loan is to be with or without  recourse
against the holder with respect to principal or interest and the conditions upon
which the loan will become  payable in the event of the holder's  termination of
employment shall be determined by the Administrator; PROVIDED, HOWEVER, that the
term of the loan, including extensions, shall not exceed seven (7) years. Unless
the Administrator  determines  otherwise,  when a loan is made, shares of Common
Stock having a Fair Market Value at least equal to the  principal  amount of the
loan shall be pledged by the holder to the  Company as  security  for payment of
the unpaid  balance of the loan,  and such pledge shall be evidenced by a pledge
agreement,  the terms of which shall be determined by the Administrator,  in its
discretion;  PROVIDED,  HOWEVER, that each loan shall comply with all applicable
laws,  regulations  and rules of the Board of Governors  of the Federal  Reserve
System and any other governmental agency having jurisdiction.

         (f) No Stock Option  shall be  transferable  by the optionee  otherwise
than by will or by the laws of descent and  distribution or as permitted in Form
S-8  under  the  Securities  Act of  1933.  Incentive  Stock  Options  shall  be
exercisable, during the optionee's lifetime, only by the optionee.

         (g) If an optionee's employment with the Company,  terminates by reason
of  death  or  Disability,  the  Stock  Option  may  thereafter  be  immediately
exercised,  to the extent then exercisable (or on such accelerated  basis as the
Administrator shall determine at or after grant), by the legal representative of
the optionee,  by the legal representative of the estate of the optionee,  or by
the legatee of the optionee  under the will of the optionee,  for a period of at
least six (6) months from the date of such death or disability.  In the event of
a  termination  of  employment by reason of  Disability,  if an Incentive  Stock
Option is exercised after the expiration of the exercise  periods that apply for
purposes of Section  422 of the Code,  such Stock  Option  shall  thereafter  be
treated as a Non-Qualified Stock Option.

         (h)  Except  as  otherwise  provided  in this  paragraph  or  otherwise
determined by the Administrator,  if an optionee's  employment with the Company,
terminates  for any reason other than death or  Disability,  the  optionee  must
exercise his or her Stock Options  within ninety (90) days from the date of such
termination.  If the optionee does not exercise his or her Stock Options  within
this ninety (90) day period, the Stock Options automatically terminate, and such
Stock Options become null and void.

         (i) To the extent that the aggregate  Fair Market Value  (determined as
of the date the  Incentive  Stock Option is granted) of the shares of Stock with
respect to which  Incentive Stock Options granted to an optionee under this Plan
and all other option plans of the Company, any future Parent Corporation and any
future Subsidiary  become  exercisable for the first time by the optionee during
any  calendar  year exceeds  $100,000,  such Stock  Options  shall be treated as
Non-Qualified Stock Options.

Section 6.        Deferred Stock and Restricted Stock.

         (a)  Deferred  Stock  and  Restricted  Stock  awards  may be  issued to
Eligible  Participants either alone or in addition to other Awards granted under
the Plan. The Administrator shall determine the Eligible  Participants,  and the
time or times at which grants of Deferred Stock or Restricted Stock awards shall

<PAGE>

be made;  the number of shares to be awarded;  the price,  if any, to be paid by
the recipient or the consideration in the form of services to be received by the
Company, in return for Deferred Stock or Restricted Stock awards; the Restricted
Period (as defined in paragraph  6(c) hereof)  applicable  to Deferred  Stock or
Restricted Stock awards; the performance objectives applicable to Deferred Stock
or  Restricted  Stock  awards  if any;  the date or dates on which  restrictions
applicable to such Deferred Stock or Restricted  Stock awards shall lapse during
such  Restricted  Period;  and all other  conditions  of the  Deferred  Stock or
Restricted  Stock  awards.  The  Administrator  may also  condition the grant of
Deferred Stock or Restricted Stock awards upon the exercise of Stock Options, or
upon  such  other  criteria  as the  Administrator  may  determine,  in its sole
discretion. The provisions of Deferred Stock or Restricted Stock awards need not
be the same with respect to each recipient.

         (b) The prospective  recipient of a Deferred Stock or Restricted  Stock
award  shall not have any rights with  respect to such  Award,  unless and until
such recipient has executed an agreement evidencing the Award (a "Deferred Stock
Award  Agreement" or "Restricted  Stock Award Agreement" as appropriate) and has
delivered a fully  executed copy thereof to the Company,  within a period of ten
days (or such other period as the  Administrator  may  specify)  after the Award
date.

         Except as  provided  below in this  paragraph  (b) of  Section  6, each
Participant who is awarded  Restricted Stock shall be issued a stock certificate
in respect of such shares of Restricted  Stock; and (ii) such certificate  shall
be  registered  in the name of the  Participant,  and shall bear an  appropriate
legend referring to the terms,  conditions,  and restrictions applicable to such
Award, substantially in the following form to the extent applicable:

         "The  transferability  of this  certificate  and the  shares  of  stock
         represented  hereby are subject to the terms and conditions  (including
         forfeiture)  of HEALTH  SCIENCES  GROUP,  INC.  Corporation  2003 Stock
         Option, Deferred Stock and Restricted Stock Plan and a Restricted Stock
         Award  Agreement  entered into between the registered  owner and HEALTH
         SCIENCES  GROUP,  INC. Copies of such Plan and Agreement are on file in
         the offices of HEALTH SCIENCES GROUP, INC.

         The Company shall require that the stock  certificates  evidencing such
shares be held in the  custody of the  Company  until the  restrictions  thereon
shall have  lapsed,  and, as a condition  of any  Restricted  Stock  award,  the
Participant shall have delivered a stock power,  endorsed in blank,  relating to
the Stock  covered by such Award,  provided  however if the shares of registered
under Form S-8 and are fully  vested,  as determined  by the  Administrator,  no
legend need appear on the certificates.

         With  respect  to  Deferred  Stock  awards,  at the  expiration  of the
Restricted  Period,  or where no registration is applicable as determined by the
Administrator,  stock  certificates  in respect of such shares of Deferred Stock
shall be delivered to the Participant, or his legal representative,  in a number
equal to the shares of Stock covered by the Deferred Stock award.

         (c) The Deferred Stock or Restricted  Stock awards granted  pursuant to
this Section 6 shall be subject to the following  restrictions and conditions if
the Administrator elects to impose such restrictions:

                           (i)  Subject  to the  provisions  of the Plan and the
Deferred Stock or Restricted Stock Award  Agreements,  during such period as may
be set by the  Administrator  commencing  on the  grant  date  (the  "Restricted
Period"),  the Participant shall not be permitted to sell,  transfer,  pledge or
assign  shares of Deferred  Stock or  Restricted  Stock  awarded under the Plan,

<PAGE>

except by gift for estate and tax  planning  purposes  to family  members and in
conformity with the restrictions  applicable to such shares under this Plan. The
Administrator  may,  in its  sole  discretion,  provide  for the  lapse  of such
restrictions in installments or may waive any such  restrictions  altogether and
may  accelerate  or waive  such  restrictions  in whole or in part based on such
factors and such  circumstances as the Administrator may determine,  in its sole
discretion, including, but not limited to, the attainment of certain performance
related goals,  the commitment by a service  provider to provide  services,  the
Participant's termination, death or Disability.

                  (ii)     Except  as  provided  in  paragraph  (c)(i)  of  this
                           Section 6, the  Participant  shall have, with respect
                           to the shares of Restricted  Stock, all of the rights
                           of a shareholder of the Company,  including the right
                           to vote the  shares,  and the  right to  receive  any
                           dividends thereon during the Restricted Period.  With
                           respect to Deferred  Stock  awards,  the  Participant
                           shall  generally not have the rights of a shareholder
                           of the  Company,  including  the  right  to vote  the
                           shares  during  the  Restricted   Period;   PROVIDED,
                           HOWEVER,   that   dividends   declared   during   the
                           Restricted  Period  with  respect  to the  number  of
                           shares  covered by a Deferred  Stock  award  shall be
                           paid to the  Participant.  Certificates for shares of
                           unrestricted   Stock  shall  be   delivered   to  the
                           Participant  promptly  after,  and  only  after,  the
                           Restricted Period shall expire without  forfeiture in
                           respect  of  such   shares  of   Deferred   Stock  or
                           Restricted Stock, except as the Administrator, in its
                           sole discretion, shall otherwise determine.

                  (iii)    Subject to the  provisions  of the Deferred  Stock or
                           Restricted  Stock Award Agreement and this Section 6,
                           upon  termination of employment for any reason during
                           the  Restricted  Period,  all  shares  subject to any
                           restriction as of the date of such termination  shall
                           be forfeited by the Participant,  and the Participant
                           shall only  receive the amount,  if any,  paid by the
                           Participant  for such  Deferred  Stock or  Restricted
                           Stock,  plus  simple  interest  on such amount at the
                           rate of 8% per  year  provided  however  that  unless
                           otherwise  provided by the  Administrator,  either at
                           the time of grant or thereafter,  (or unless provided
                           otherwise in the  employment or other  agreement,  if
                           any) Restricted Stock shall be free of the forfeiture
                           provision  as   determined   by  the   Administrator,
                           provided  further  that in the  event of a Change  of
                           Control, the provisions of Section 9 shall apply.

Section 7.        Amendment and Termination.

         (a) The  Board  may  amend,  alter  or  discontinue  the  Plan,  but no
amendment,  alteration,  or discontinuation  shall be made that would impair the
rights of the  Participant  under any Award  theretofore  granted  without  such
Participant's  consent,  or that  without the approval of the  shareholders  (as
described below) would:

                  (i)      except as provided in Section 3,  increase  the total
                           number of shares of Stock reserved for the purpose of
                           the Plan;

                  (ii)     change the  employees or class of employees  eligible
                           to participate in the Plan;

                  (iii)    extend the maximum  option  period under Section 5 of
                           the Plan.

         (b)  Notwithstanding  the  foregoing,  shareholder  approval under this
Section 7 shall only be  required at such time and under such  circumstances  as
shareholder  approval would be required under applicable federal and state laws,
regulations and exchange requirements.

         (c) The  Administrator  may amend  the  terms of any Award  theretofore
granted,  prospectively  or  retroactively,  but,  subject to Section 3, no such
amendment shall impair the rights of any holder without his or her consent.

Section 8.        Unfunded Status of Plan.

         The Plan is intended to  constitute  an  "unfunded"  plan for incentive
compensation.  With  respect to any payments  not yet made to a  Participant  or
optionee  by  the  Company,   nothing  contained  herein  shall  give  any  such
Participant  or optionee  any rights  that are  greater  than those of a general
creditor of the Company.

Section 9.        Change of Control.

         The following  acceleration and valuation provisions shall apply in the
event of a "Change of Control", as defined in paragraph (b) of this Section 9:

         (a) In the event of a "Change of Control," unless otherwise  determined
by the  Administrator or the Board in writing at or after grant (including under
any  individual  agreement),  but  prior to the  occurrence  of such  Change  of
Control;

<PAGE>

                  (i) the  restrictions  applicable to any  Restricted  Stock or
Deferred  Stock  awards  under the Plan  shall  lapse,  and such  shares and all
outstanding Awards,  including but not limited to all outstanding Stock Options,
shall be deemed fully vested;

                  (ii) any  indebtedness  incurred  pursuant to paragraph (e) of
Section 5 above shall be forgiven and the collateral  pledged in connection with
any such loan shall be released; and

                  (iii) the value of all outstanding  Stock Options,  Restricted
Stock  and  Deferred  Stock  awards  shall,  to  the  extent  determined  by the
Administrator  at or after  grant,  be cashed  out by a payment of cash or other
property,  as the  Administrator  may determine,  on the basis of the "Change of
Control  Price" (as defined in  paragraph  (c) of this Section 9) as of the date
the  Change  of  Control  occurs or such  other  date as the  Administrator  may
determine prior to the Change of Control.

         (b) For  purposes  of  paragraph  (a) of this  Section  9, a "Change of
Control" shall be deemed to have occurred if:

                  (i) any  "person," as such term is used in Sections  13(d) and
14(d)  of the  Exchange  Act  (other  than the  Company;  any  trustee  or other
fiduciary holding  securities under an employee benefit plan of the Company;  or
any company owned, directly or indirectly, by the shareholders of the Company in
substantially  the same  proportions  as  their  ownership  of the  Stock of the
Company)  is or becomes  after the  Effective  Date the  "beneficial  owner" (as
defined in Rule 13d-3  under the  Exchange  Act),  directly  or  indirectly,  of
securities of the Company (not including in the securities beneficially owned by
such  person  or any  securities  acquired  directly  from  the  Company  or its
affiliates)  representing  50% or  more  of the  combined  voting  power  of the
Company's then outstanding securities; or

                  (ii) during any period of two consecutive years (not including
any period prior to the  Effective  Date),  individuals  who at the beginning of
such period  constitute the Board,  and any new director  (other than a director
designated  by a person who has entered  into an  agreement  with the Company to
effect a transaction  described in clause (i),  (iii) or (iv) of this  paragraph
(b) of Section 9) whose  election by the Board or nomination for election by the
Company's  shareholders  was approved by a vote of at least  two-thirds (2/3) of
the directors then still in office who either were directors at the beginning of
the period or whose  election or  nomination  for  election  was  previously  so
approved, cease for any reason to constitute at least a majority thereof; or

                  (iii)  the  shareholders  of the  Company  approve a merger or
consolidation of the Company with any other corporation, other than (A) a merger
or  consolidation  which would  result in the voting  securities  of the Company
outstanding  immediately  prior  thereto  continuing  to  represent  (either  by
remaining  outstanding  or by being  converted  into  voting  securities  of the
surviving  entity),  in  combination  with the ownership of any trustee or other
fiduciary holding  securities under an employee benefit plan of the Company,  at
least 75% of the combined  voting power of the voting  securities of the Company
or  such  surviving  entity   outstanding   immediately  after  such  merger  or
consolidation  or  (B)  a  merger  or  consolidation  effected  to  implement  a
recapitalization  of the  Company (or  similar  transaction)  in which no person
acquires  more  than 50% of the  combined  voting  power of the  Company's  then
outstanding securities (C) a merger to effect a change of domicile; or

                  (iv)  the  shareholders  of the  Company  approve  a  plan  of
complete  liquidation of the Company or an agreement for the sale or disposition
by the Company of all or substantially all of the Company's assets.

         (c) For purposes of this Section 9, "Change of Control Price" means the
higher of (i) the  highest  price per share paid or  offered in any  transaction
related  to a Change of Control of the  Company  or (ii) the  highest  price per
share paid in any transaction reported on the exchange or national market system
on which the Stock is listed,  at any time during the preceding sixty day period
as determined by the Administrator,  except that, in the case of Incentive Stock
Options such price shall be based only on transactions  reported for the date on
which the Administrator decides to cash out such options.

<PAGE>

Section 10.       General Provisions.

         (a) Each person purchasing shares pursuant to a Stock Option represents
and agrees with the Company that such person is acquiring the shares for his own
account without a view to distribution thereof. The certificates for such shares
may include any legend that the  Administrator  deems appropriate to reflect any
restrictions on transfer.

         All  certificates for shares of Stock delivered under the Plan shall be
subject  to  such   stock-transfer   orders  and  other   restrictions   as  the
Administrator  may deem  advisable  under  the  rules,  regulations,  and  other
requirements of the Commission,  any stock exchange upon which the Stock is then
listed,   and  any  applicable   Federal  or  state   securities  law,  and  the
Administrator  may  cause  a  legend  or  legends  to  be  placed  on  any  such
certificates to make appropriate reference to such restrictions.

         (b) Nothing contained in the Plan shall prevent the Board from adopting
other or additional compensation  arrangements,  subject to shareholder approval
if such  approval is required;  and such  arrangements  may be either  generally
applicable or applicable only in specific cases.

         (c) Each  Participant  shall,  no later  than the date as of which  the
value  of an  Award  first  becomes  includable  in  the  gross  income  of  the
Participant  for  Federal  income  tax  purposes,  pay to the  Company,  or make
arrangements  satisfactory  to  the  Administrator  regarding  payment  of,  any
Federal,  state,  or local taxes of any kind required by law to be withheld with
respect to the Award.  The  obligations  of the Company  under the Plan shall be
conditional  on the making of such  payments  or  arrangements,  and the Company
(and, where applicable, its Subsidiaries) shall, to the extent permitted by law,
have the right to deduct any such taxes from any  payment of any kind  otherwise
due to the Participant.

         (d) No member of the Board or the  Administrator,  nor any  officer  or
employee  of the  Company  acting on  behalf of the Board or the  Administrator,
shall be  personally  liable for any action,  determination,  or  interpretation
taken or made in good faith with  respect  to the Plan,  and all  members of the
Board or the  Administrator  and each and any officer or employee of the Company
acting  on  their  behalf  shall,  to the  extent  permitted  by law,  be  fully
indemnified  and  protected  by the  Company  in  respect  of any  such  action,
determination or interpretation.

         (e) This Plan is purely voluntary on the part of the Company, and while
the Company hopes to continue it indefinitely, the continuance of the Plan shall
not be deemed to constitute a contract between the Company and any employee,  or
to be  consideration  for or a  condition  of the  employment  of any  employee.
Nothing  contained in the Plan shall be deemed to give any employee the right to
be retained in the employ of the Company, any future Subsidiaries, or any future
Parent  Corporation  to interfere  with the right of the Company to discharge or
retire any employee  thereof at any time. No employee shall have any right to or
interest in Stock  Options,  Restricted  Stock,  or Deferred  Stock,  authorized
hereunder  prior to the grant of such a Stock  Option or other  award  described
herein  to such  employee,  and upon such  grant he or she shall  have only such
rights and interests as are expressly provided herein, subject,  however, to all
applicable  provisions of the Company's  Articles of Incorporation,  as the same
may be amended from time to time.

         (f) In the  event of a stock  split,  the per share  exercise  price of
Options granted hereunder and number of shares covered by the Option grant shall
be adjusted proportionately as follows: in the event of a split, the price shall
be reduced  proportionately and the number of shares increased  proportionately;
in the event of a reverse  split,  the price shall be increased  proportionately
and the number of shares covered by the Option reduced proportionately.

Section 11.       Specific Performance.

         The  Stock  Options  granted  under  this  Plan and the  Shares  issued
pursuant to the exercise of such Stock  Options  cannot be readily  purchased or
sold in the open market,  and, for that reason among others, the Company and its
shareholders  will be  irreparably  damaged  in the event  that this Plan is not
specifically  enforced. In the event of any controversy  concerning the right or
obligation to purchase or sell any such Option or Optioned Stock,  such right or
obligation  shall be  enforceable in a court of equity by a decree of a specific
performance.  Such remedy shall,  however, be cumulative and not exclusive,  and
shall be in addition to any other remedy which the parties may have.

<PAGE>

Section 12.       Invalid Provision.

         In the event that any  provision of this Plan is found to be invalid or
otherwise   unenforceable   under  any  applicable   law,  such   invalidity  or
unenforceability  shall not be  construed  as  rendering  any  other  provisions
contained herein invalid or  unenforceable,  and all such other provisions shall
be given  full  force and  effect  to the same  extent  as  though  the  invalid
unenforceable provision was not contained herein.

Section 13.       Applicable Law.

         This Plan shall be governed by and  construed  in  accordance  with the
laws of the  State  of  Colorado,  or the  laws of the  state  of any  successor
corporation.

Section 14.       Successors and Assigns.

         This Plan shall be binding on and inure to the  benefit of the  Company
and the employees to whom an Option is granted  hereunder,  and such  employees'
heirs, executors, administrators, legatees, personal representatives,  assignees
and transferees and any successor corporation who assumes this Plan.

Section 15.       Effective Date of Plan.

         The Plan became  effective  (the  "Effective  Date") on August 7, 2003.
Shareholder  approval  of the plan shall be  obtained  within 12 months from the
Effective Date.

Section 16.       Term of Plan.

         No Stock  Option,  Deferred  Stock or  Restricted  Stock award shall be
granted pursuant to the Plan on or after the tenth  anniversary of the Effective
Date, but Awards theretofore granted may extend beyond that date.

Section 17.       Annual Financial Statements.

         If required by federal or state law, the Company shall  deliver  annual
financial statements to each employee granted a Stock Option,  Deferred Stock or
Restricted Stock hereunder until such Award expires or is otherwise canceled.

Section 18.       Disclosure Requirements

         In the event the  aggregate  offering  price of  securities  subject to
outstanding  offers plus the offering price of securities  sold in the preceding
twelve  (12)  months,  as a result of Awards  issued  under this  Plan,  exceeds
$5,000,000,  the Company shall deliver the following disclosure documents to the
Participant or optionee within a reasonable period of time before the applicable
date of exercise, conversion or sale:

         (a)      A summary of the material terms of this Plan;

         (b)      Information  about the risks  associated  with  purchasing the
                  shares of stock in the Company; and

         (c)      Financial statements as of a date no more than 180 days before
                  the sale of securities pursuant to this Section 19.

Section 19.       Additional Information

         Additional information regarding the Plan and its administrators may be
obtained from the Company at 6080 Center Drive, 6th Floor, Howard Hughes Center,
Los  Angeles,  California  90045,  (310)  242-6700,   Attention:  Fred  Tannous.
Participants  under this Plan shall have available without charge,  upon written
or oral request, the documents incorporated by reference in Item 3 of Part II of
the registration statement on Form S-8 as filed with the Securities and Exchange
Commission and such documents are incorporated in the Section 10(a)  prospectus.
Participants  under this Plan shall also have available under this Plan, without
charge,  upon  written  or oral  request,  of  other  documents  required  to be

<PAGE>

delivered  to employees  pursuant to Rule 428(b) of the Rules of the  Securities
and Exchange  Commission  under the  Securities  Act of 1933.  All such requests
shall be made at the address set forth in this paragraph, or at the phone number
set forth in this paragraph, attention: Fred Tannous.

         IN WITNESS WHEREOF,  pursuant to the due  authorization and adoption of
this Plan by the Board on the day and year first above written,  the Company has
caused this Plan to be duly executed by its duly authorized officers.

                                    HEALTH SCIENCES GROUP, INC.

DATED:  August 7, 2003                      By: ______________________________
                                            Name: Fred Tannous
                                            Title: Chief Executive Officer

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