Document:

<PAGE>

EXHIBIT 10.25

                              EMPLOYMENT AGREEMENT

         This employment agreement (the "Agreement"), is to be effective on
March 14, 2005 (the "Effective Date"), by and between iLinc Communications,
Inc., a Delaware corporation (the "Company"), and David J. Iannini ("Employee").

         WHEREAS, the Company wishes to offer employment to Employee on the
terms and conditions expressed herein; and,

         WHEREAS, the Employee wishes to accept employment with the Company on
the terms and conditions described herein;

         NOW THEREFORE, in consideration of the mutual premises and conditions
contained herein, including the recitals hereto, which, by this reference, are
incorporated herein and made a part hereof, the parties agree as follows:

1.       EMPLOYMENT. The Company hereby agrees to employ Employee, and Employee
         hereby accepts employment by the Company, upon the terms and subject to
         the conditions hereinafter set forth.

2.       DUTIES. Employee shall serve as a Senior Vice President and Chief
         Financial Officer of the Company (the "Position") reporting to the
         Company's President. Employee's duties and powers shall be those
         consistent with the Position, with such additional duties or titles as
         determined necessary and appropriate from time to time by the Company's
         President. Employee agrees to devote his full time, attention and best
         efforts to the Company in the performance of Employee's duties. All of
         the Employee's powers and authorities shall be subject to the
         reasonable direction and control of the Company's President. Employee
         acknowledges that the executive offices of the Company will be located
         in Phoenix, Arizona and that he shall be required to perform his duties
         under this Agreement from those offices.

3.       TERM. Unless earlier terminated in accordance with Section 6 hereof,
         the term of this Agreement shall be for twelve (12) months (the
         "Term"), beginning on the Effective Date. The Company shall have the
         option, but not the obligation, to renew this Agreement for one like
         period of time as the initial Term by providing no less than sixty (60)
         days prior written notice of its intent to renew this Agreement.

4.       COMPENSATION AND BENEFITS. In consideration for the services of the
         Employee hereunder, the Company will compensate Employee as follows:

         a.       BASE SALARY. Beginning with the Effective Date and continuing
                  thereafter until this Agreement is terminated, Employee shall
                  receive a monthly minimum base salary (the "Base Salary")
                  equal to fourteen thousand five hundred eighty three and
                  34/100 dollars ($14,583.34) per month. Employee's Base Salary
                  shall be paid in accordance with Company's standard policy
                  regarding payment of compensation to employees but no less
                  frequently than monthly.

         b.       BONUS. Commencing on April 1, 2005 and continuing thereafter
                  until this Agreement is terminated, Employee will be eligible
                  to receive an annual bonus of up to twenty five percent (25%)
                  of the Employee's Base Salary that shall be based upon the
                  Company achieving the revenue and/or net income targets, or
                  other financial performance targets established by the

                                  Page 1 of 8
<PAGE>

                  President, as may be amended hereafter from time to time. Such
                  bonus, if any, shall be payable by the Company to Employee
                  annually as approved by the Compensation Committee of the
                  Company's Board of Directors. Notwithstanding anything to the
                  contrary herein or contained in the writing related hereto,
                  any bonus due to Employee shall be due up to and including the
                  termination date of this Agreement, but no bonus shall accrue
                  after the termination date of this Agreement.

         c.       BENEFITS. Employee shall be entitled to medical, dental and
                  retirement benefits which are generally made available to
                  employees of a like position, and specifically Company will
                  pay the total premium costs associated with the medical and
                  dental insurance, not including deductibles and/or
                  co-payments, covering the health of Employee, Employee's
                  spouse and Employee's dependants. During each year of his
                  employment Employee shall be entitled to fifteen (15) days of
                  paid vacation, and such other days of compensated absences,
                  (i.e. sick leave or personal days) in accordance with the
                  Company's policies and procedures as determined from time to
                  time by the President.

5.       EXPENSES. It is acknowledged by the parties that Employee, in
         connection with the services to be performed by him pursuant to the
         terms of this Agreement, will be required to make payments for travel,
         meals, hotel, entertainment of business associates, mobile telephone
         and similar expenses (the "Out of Pocket Expenses"). The Company will
         reimburse Employee for all reasonable and necessary Out of Pocket
         Expenses incurred by Employee in the performance of his duties.
         Employee will comply with such budget limitations, approval and
         reporting requirements with respect to such Out of Pocket Expenses as
         the Company may establish from time to time.

6.       TERMINATION. Employee's employment will begin on the Effective Date and
         continue until the end of the Term, including any renewals thereof,
         except that the employment of Employee hereunder will terminate upon
         the occurrence of the following events:

         a.       BY EMPLOYEE. Employee's employment will terminate upon
                  Employee's notice to Company, in writing at least thirty (30)
                  days prior to Employee's last day of employment, of Employee's
                  intent to terminate this Agreement. In the event of the
                  termination of this Agreement pursuant to this sub-section
                  6(a), Employee will not be entitled to any Severance Amount
                  (as hereinafter defined) or further consideration, except for
                  any portion of the Base Salary accrued but unpaid from the
                  last monthly payment date to the date of termination and
                  expense reimbursements under Section 5 hereof for expenses
                  incurred in the performance of his duties hereunder prior to
                  termination.

         b.       DEATH OR DISABILITY. Employee's employment will terminate
                  immediately upon the death of Employee during the term of his
                  employment hereunder or, at the option of the Company, in the
                  event of Employee's disability, upon 30 days notice to
                  Employee. Employee will be deemed "disabled" if, as a result
                  of Employee's incapacity due to physical or mental illness,
                  Employee shall have been continuously absent from his duties
                  with the company on a full-time basis for 120 consecutive
                  business days, and Employee shall not reasonably be expected
                  to be able to resume his duties within 60 days of the end of
                  such 120 day period. In the event of the termination of this
                  Agreement pursuant to this subsection 6(b), Employee will not
                  be entitled to any Severance Amount (as hereinafter defined)
                  or other compensation except for any portion of his Base
                  Salary accrued but unpaid from the last monthly payment date
                  to the date of termination and expense reimbursements under
                  Section 5 hereof or for expenses incurred in the performance
                  of his duties hereunder prior to termination.

                                  Page 2 of 8
<PAGE>

         c.       FOR CAUSE. The Company may terminate the Employee's employment
                  "for cause" immediately upon written notice by the Company to
                  Employee. For purposes of this Agreement, a termination will
                  be for Cause if: (i) Employee willfully and continuously fails
                  to perform his duties with the Company (other than any such
                  failure resulting from incapacity due to physical or mental
                  illness); (ii) Employee willfully engages in gross misconduct
                  materially and demonstrably injurious to the Company; (iii)
                  Employee has been convicted of a felony which the President
                  reasonably believes will result in injury to the Company or
                  which would disqualify employee for coverage by the Company's
                  surety bond; (iv) Employee materially breaches the
                  representations contained in Section 9 (Employee
                  Representations) after written notice and failure to cure such
                  breach. In the event of the termination of this Agreement
                  pursuant to this sub-section 6(c), Employee will not be
                  entitled to any Severance Amount (as hereinafter defined) or
                  further consideration, except for any portion of the Base
                  Salary accrued but unpaid from the last monthly payment date
                  to the date of termination and expense reimbursements under
                  Section 5 hereof for expenses incurred in the performance of
                  his duties hereunder prior to termination.

         d.       BY COMPANY WITHOUT CAUSE. The Company may terminate this
                  Agreement during the Term at any time for any reason "without
                  cause." In the event of the termination of this Agreement
                  pursuant to this subsection 6(d) and only in that event, then
                  the Company will pay Employee, as Employee's sole remedy in
                  connection with such termination, severance (the "Severance
                  Amount") in an amount determined by multiplying Employee's
                  monthly Base Salary by twelve (12) months. The Company will
                  also pay Employee the portion of his Base Salary accrued but
                  unpaid from the last monthly payment date to the date of
                  termination and expense reimbursements under Section 5 hereof
                  for expenses incurred in the performance of his duties
                  hereunder prior to termination. The Company will pay the
                  Severance Amount in a lump sum and within thirty (30) days of
                  the Employee's last day of employment. The Company will be
                  entitled to offset or mitigate the amount due under this
                  subsection by any other amounts payable to Employee, including
                  amounts payable or paid to Employee by third parties for
                  Employee's services after the date of termination.

         e.       CHANGE OF CONTROL. Notwithstanding anything to the contrary
                  contained in this Section 6, in the event Employee's
                  employment with the Company terminates for any reason (other
                  than death or disability) within the twelve (12) month period
                  following a Change of Control (as defined hereafter), then the
                  Company will pay Employee a lump sum payment (the "Termination
                  Payment") in cash equal to the amount of the Severance Amount;
                  plus, the amount of Employee's base salary accrued but unpaid
                  and any expense reimbursement for expenses incurred in the
                  performance of the duties described herein prior to the
                  termination date. A "Change of Control" shall be deemed to
                  have occurred: (i) when in a single transaction or a series of
                  transactions a change of stock ownership of the Company of a
                  nature that would be required to be reported in response to
                  Item 6(e) of Schedule 14A promulgated under the Securities
                  Exchange Act of 1934, as amended (the "Exchange Act"), and any
                  successor item of a similar nature has occurred; or (ii) upon
                  the acquisition of beneficial ownership, directly or
                  indirectly, by any person (as such term is used in Section
                  13(d) and 14(d)(2) of the Exchange Act of securities of the
                  Company) in a single transaction or a series of transactions
                  representing 50% or more of the combined voting power of the
                  Company's then outstanding securities; or (iii) sale of
                  substantially all of the assets of the Company in a single
                  transaction or a series of transactions. The Company shall pay
                  the Termination Payment to Employee upon written notice by
                  Employee. The Termination Payment due under this Section will
                  not be affected by the manner in which Employee's employment
                  is terminated and accordingly will be whether the Change of
                  Control occur after termination of this Agreement and whether
                  Employee's termination of employment is voluntary,
                  involuntary, for cause, or without cause.

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7.       STOCK OPTIONS. Employee shall be granted options (the "Options") to
         purchase from the Company all or any part of a total of 250,000 shares
         of the Company's Common Stock, par value $.001 per share, at an
         exercise price equal to or above the closing price of the Company's
         Common stock on the date of grant (the "Date of Grant") of the Options.
         One half of the option shares will be issued as an "incentive stock
         option" and one half will be issued as a "non-qualified stock option"
         within the meaning of Section 422 of the Internal Revenue Code. The
         Options will expire on the day prior to the tenth (10th) anniversary of
         the Date of Grant, or such earlier date as may be provided in the 1997
         Stock Compensation Plan (the "Plan"). Subject to the provisions of
         Plan, the Options may be exercised as follows; on the date that is six
         (6) months from the Date of Grant, twenty-five percent (25.000%) of the
         options granted shall be vested, and thereafter beginning on the first
         day of the seventh month after the Date of Grant, one thirty-sixth
         (1/36) of the remaining portion shall vest on the first day of each
         month, from month to month, until fully vested. In addition to the
         foregoing stock option grant, Employee will be eligible to participate
         in the Company's stock option plan and therefore be eligible for an
         annual grant of additional stock options, if any, that are awarded to
         all of the Company's employees. If Employee is terminated "without
         cause" under Section 6(d) above, then the effect of the termination of
         the Employee's employment on such options shall be determined by the
         terms of the Plan and the option agreement related to such Options. If
         Employee is terminated "for cause" under Section 6(c) above, then the
         Options shall be terminated. In the event of a "Change of Control" as
         defined in the Plan or the issuance of 33% of the outstanding shares of
         the Company while this Agreement remains in effect, then the Options
         issued and outstanding to Employee shall immediately vest (100%), and
         the Employee may exercise his options at any time during the original
         term of the option agreement (as defined therein), and such termination
         of this Agreement shall not cause termination or expiration of the
         Options.

8.       CONFIDENTIAL INFORMATION. Employee recognizes and acknowledges that
         certain assets of the Company and its affiliates, including without
         limitation information regarding customers, pricing policies, methods
         of operation, proprietary computer programs, sales, products, profits,
         costs, markets, key personnel, formulae, product applications,
         technical processes, and trade secrets (herein called "Confidential
         Information") are valuable, special and unique assets of the Company
         and its affiliates. Employee will not, during or after the term of his
         employment, disclose any of the Confidential Information to any person,
         firm, corporation, association, or any other entity for any reason or
         purpose whatsoever, directly or indirectly, except as may be required
         pursuant to his employment hereunder, unless and until such
         Confidential Information becomes publicly available other than as a
         consequence of the breach by Employee of his confidentiality
         obligations hereunder. In the Event of the termination of his
         employment, whether voluntary or involuntary, and whether by the
         Company or Employee, Employee will deliver to the Company all documents
         and data pertaining to the Confidential Information and will not take
         with him any documents or data of any kind or any reproductions (in
         whole or in part) of any items relating to the Confidential
         Information.

9.       REPRESENTATIONS OF EMPLOYEE.

         a.       NON-COMPETITION AND NON-SOLICITATION. For the period beginning
                  with the Effective Date and continuing thereafter until the
                  expiration of twelve (12) months after termination of
                  Employee's employment with the Company, then Employee
                  covenants, warrants and represents that he will not: (i)
                  engage directly or indirectly, alone or as a shareholder,
                  partner, officer, director, employee or consultant of any
                  other business organization, including as an agent or reseller
                  of another company that engages in any business activities
                  that are directly competitive with the Company, including but

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<PAGE>

                  not limited to the web conferencing, eLearning or audio
                  conferencing industries; (ii) divert to any competitor of the
                  Company any customer of the Company or induce a customer to
                  cease doing business with the Company or, (iii) solicit or
                  encourage any employee of the Company to leave their
                  employment with the Company or seek employment by or with any
                  competitor of the Company or hire directly or indirectly any
                  employee of the Company. The parties hereto acknowledge that
                  Employee's non-competition obligations hereunder will not
                  preclude Employee from owning less than 5% of the common stock
                  of any publicly traded corporation conducting business
                  activities that are competitive with the Company or serving as
                  an officer, director, stockholder or employee of an entity
                  whose business operations are not competitive with those of
                  the Company. Employee will continue to be bound by the
                  provisions of this Section 9 until their expiration and will
                  not be entitled to any compensation from the Company with
                  respect thereto. If at any time the provisions of this Section
                  9 are determined to be invalid or unenforceable, by reason of
                  being vague or unreasonable as to area, duration or scope of
                  activity, this Section 9 will be considered divisible and will
                  become and be immediately amended to only such area, duration,
                  scope of activity as will be determined to be reasonable and
                  enforceable by the court or other body having jurisdiction
                  over the matter; and Employee agrees that this Section 9 as so
                  amended will be valid and binding as though any invalid or
                  unenforceable provision had not been included herein.

         b.       GENERAL REPRESENTATIONS. As of the Effective Date, Employee
                  expressly warrants and represents to the Company that: (i) All
                  employment agreements, employment letters or employment
                  relationships, whether as an employee or as an independent
                  contractor, have been terminated (ii) The execution and
                  delivery of this Agreement does not violate any provision of
                  any existing employment agreement to which Employee is a party
                  and which on the Effective Date remain in effect; and (iii)
                  Employee is not (by virtue of any act or omission) in
                  violation of any non-competition or like covenant that would
                  have the effect of prohibiting Employee from lawfully engaging
                  in the activities contemplated by this Agreement.

         c.       MOONLIGHTING. Moonlighting and other dealings that involve
                  investment banking, M&A and corporate development on behalf of
                  organizations or persons other than iLinc are prohibited, and
                  any compensation due to employee will be offset by any
                  compensation earned outside of the Company if the prohibition
                  against moonlighting is breached.

10.      GENERAL.

         a.       NOTICES. All notices and other communications hereunder will
                  be in writing or by written telecommunication, and will be
                  deemed to have been duly given if delivered personally or if
                  mailed by certified mail, return receipt requested or by
                  written telecommunication, to the relevant address set forth
                  below, or to such other address as the recipient of such
                  notice or communication will have specified to the other party
                  hereto in accordance with this Section 10(a):

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<PAGE>

                 If to the Company, to:                   If to Employee:

                 iLinc Communications, Inc.               Mr. David J. Iannini
                 2999 N. 44th Street, Suite 650           8224 E. Wingspan Way
                 Phoenix, Arizona 85018                   Scottsdale, AZ 85255
                 Attn: President                          davidiannini@yahoo.com
                 Fax No.: (602) 952-0544

         b.       WITHHOLDING AND OFFSET. All payments required to be made by
                  the Company under this Agreement to Employee will be subject
                  to the withholding of such amounts, if any, relating to
                  federal, state and local taxes as may be required by law. All
                  payments under this Agreement will be subject to offset or
                  reduction attributable to any amount Employee may owe to the
                  Company.

         c.       EQUITABLE REMEDIES. Each of the parties hereto acknowledges
                  and agrees that upon any breach by Employee of his obligations
                  under any of the Sections 8 and 9 hereof, the Company will
                  have no adequate remedy at law, and accordingly will be
                  entitled to specific performance and other appropriate
                  injunctive and equitable relief.

         d.       SEVERABILITY. If any provision of this Agreement is held to be
                  illegal, invalid or unenforceable, such provision will be
                  fully severable and this Agreement will be construed and
                  enforced as if such illegal, invalid or unenforceable
                  provision never comprised a part hereof; and the remaining
                  provisions hereof will remain in full force and effect and
                  will not be affected by the illegal, invalid or unenforceable
                  provision or by its severance herefrom. Furthermore, in lieu
                  of such illegal, invalid or unenforceable provision, there
                  will be added automatically as part of this Agreement a
                  provision as similar in its terms to such illegal, invalid or
                  unenforceable provision as may be possible and be legal, valid
                  and enforceable. Any and all covenants and obligations of
                  either party hereto which by their terms or by reasonable
                  implication are to be performed, in whole or in part, after
                  the termination of this Agreement, shall survive such
                  termination, including specifically the obligations arising
                  under Sections: 6, 7, 8 and 9.

         e.       WAIVERS. No delay or omission by either party hereto in
                  exercising any right, power or privilege hereunder will impair
                  such right, power or privilege, nor will any single or partial
                  exercise of any such right, power or privilege preclude any
                  further exercise thereof or the exercise of any other right,
                  power or privilege.

         f.       COUNTERPARTS. This Agreement may be executed in multiple
                  counterparts, each of which will be deemed an original, and
                  all of which together will constitute one and the same
                  instrument.

         g.       CAPTIONS. The captions in this Agreement are for convenience
                  of reference only and will not limit or otherwise affect any
                  of the terms or provisions hereof.

         h.       REFERENCE TO AGREEMENT. Use of the words "herein," "hereof,"
                  "hereto " and the like in this Agreement refer to this
                  Agreement only as a whole and not to any particular subsection
                  or provision of this Agreement, unless otherwise noted.

                                  Page 6 of 8
<PAGE>

         i.       BINDING AGREEMENT. This Agreement will be binding upon and
                  inure to the benefit of the parties and will be enforceable by
                  the personal representatives and heirs of Employee and the
                  successors of the Company. If Employee dies while any amounts
                  would still be payable to him hereunder, such amounts will be
                  paid to Employee's estate. This Agreement is not otherwise
                  assignable by Employee.

         j.       ENTIRE AGREEMENT. Except as provided in the benefit plans and
                  programs referenced herein, this Agreement contains the entire
                  understanding of the parties, supersedes all prior agreements
                  and understandings relating to the subject matter hereof and
                  may not be amended except by a written instrument hereafter
                  signed by each of the parties hereto. Any modification of this
                  Agreement shall be effective only if it is in writing and
                  signed by the parties hereto.

         k.       GOVERNING LAW. This Agreement and the performance hereof will
                  be construed and governed in accordance with the laws of the
                  State of Arizona, without regard to its choice of law
                  principles.

         l.       ATTORNEYS' FEES. If legal action is commenced by either party
                  to enforce or defend its rights under this Agreement, the
                  prevailing party in such action shall be entitled to recover
                  its court costs and reasonable attorneys' fees, including
                  expert witnesses fees actually incurred which shall be awarded
                  to the that party, in addition to any other relief granted.

         m.       AUTHORITY. The signatories to this Agreement represent and
                  warrant that such signatory has the authority to enter into
                  this Agreement, and that neither that signatory nor the party
                  on whose behalf this Agreement may be signed has assigned any
                  claims related to the parties' relationship or this Agreement
                  to any person or entity.

11.      BINDING ARBITRATION. Any controversy or claim arising out of or
         relating to this Agreement, or breach thereof, shall be settled
         exclusively by arbitration in Phoenix, Arizona, in accordance with the
         Commercial Arbitration Rules of the American Arbitration Association
         then in effect. A sole arbitrator shall conduct Arbitration and he
         shall render his award, if any, within five (45) days of the
         arbitration hearing. Judgment upon the award rendered by the arbitrator
         may be entered in, and enforced by, any court having jurisdiction
         thereof. The award of the arbitrator may grant any relief consistent
         with the terms and provisions of this Agreement, in law or in equity;
         and the award may contain a provision for payment of costs and
         attorney's fees to the prevailing party.

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<PAGE>

         EXECUTED to be effective as of the Effective Date first written above.

ILINC COMMUNICATIONS, INC.                   EMPLOYEE:

By: /s/ James M. Powers, Jr.                 By: /s/ David J. Iannini
    ------------------------------               ------------------------------
        James M. Powers, Jr.,                        David J. Iannini,
        President                                    Individually

Date:       3/15/05                          Date:      3/15/05
     -----------------------------                -----------------------------

                                  Page 8 of 8Premier Acquisitions, Inc.
              3340 PEACHTREE ROAD NE, SUITE 2250, ATLANTA, GA 30326
                     Tel: (404) 842 2600 Fax: (404) 842 2626

March 7, 2005

Arts & Exhibitions International, LLC                 IP Live, PLC
199 East Garfield Road                                1 Berkeley Street
Aurora, OH  44202                                     London W1J 8DJ
Attn:    John T. Norman, President                    Attn: Martin Flitton,
                                                            Business Development
                                                            Director

Lee D. Marshall                                       Joseph B. Marsh
c/o Magic Arts & Entertainment, Inc.                  11006 Bridge House Road
199 East Garfield Road                                Windermere, FL  34786
Aurora, OH  44202

Global Entertainment Group, Inc.                      Andres Numhauser
6160 W Sahara Ave.                                    Av Santa Maria 9200
5030 Spanish Hills Dr.                                Dep 62
Las Vegas, NV  89146                                  Santiago, Chile 766-0311
c/o Robert B. Cayne, Jr., President

Re:      Exhibitions International, LLC
         "Wonders of the Human Body" Exhibit

Dear Gentlemen:

This letter  agreement is effective as of March 7, 2005, and is between  Premier
Acquisitions,  Inc.,  a Nevada  corporation  ("Buyer"),  and Arts &  Exhibitions
International,  LLC, an Ohio limited liability company, IP Live, PLC, an English
corporation, Joseph B. Marsh, Lee D. Marshall, Global Entertainment Group, Inc.,
a Nevada  corporation,  and Andres Numhauser (each, a "Seller" and collectively,
"Sellers").

This  letter  will  confirm  our  agreement  regarding  the  following  proposed
transaction (the "Transaction").

<PAGE>
Exhibitions International, LLC
March 7, 2005
Page 2

                                               Confidential

1.       Background.

The Sellers in the aggregate own one hundred percent (100%) of the interest in
profits, losses, special allocations, distributions, and rights to vote or
participate in the management ("Membership Interest") of Exhibitions
International, LLC, a Nevada limited liability company (the "Company").

The Company has entered into (i) that certain Agreement for Exhibition (the
"Exhibition Agreement") dated as of January 30, 2004, with Dalian Medical
University Plastination Co., Ltd. ("Dalian") and Hong Jin Sui (together with
Dalian, the "Specimens Owner" or "Sui"), and (ii) that certain Agreement for
Technology, Documentation and Know-How (the "IP Agreement") dated as of January
30, 2004, with the Specimens Owner (collectively, the "Rights Agreements").

Pursuant to the Rights Agreements, the Company has obtained the right to display
and use 20 plastinated body specimens and approximately 170 single plastinated
organs of humans and animals (collectively, the "Specimens"), and the right and
license to use the related documentation, intellectual property, images and
know-how of the Specimens Owner (the "IP").

The Company has entered into that certain Agreement (the "Stefano Agreement")
dated as of January 30, 2004, with Stefano Arts, a Korean corporation
("Stefano"), pursuant to which Stefano has agreed to provide to the Company the
right to use in the Exhibit (defined below) the equipment, backdrops, cases,
lighting and other exhibition assets (collectively, the "Stefano Equipment")
owned and used by Stefano and Union Exhibition in an exhibition of the Specimens
in Korea.

The Company has entered into a Co-Promotion Agreement (the "Co-Promotion
Agreement") dated as of July 2, 2004, with Clear Channel Entertainment-Exhibits,
Inc. ("CCE") to co-promote a tour of an exhibition of the Specimens in an
exhibit tentatively entitled "Wonders of the Human Body" (the "Exhibit"), to be
initially displayed in venues located in Western Europe and thereafter
potentially in North America and South America, all in accordance with the terms
thereof.

2.       Transaction.

The material terms of the Transaction are as follows:

2.1 Purchase and Sale of Membership Interest. Buyer agrees to purchase from each
Seller, and each Seller agrees to sell to Buyer, all of his or its Membership
Interest which collectively represents one hundred percent (100%) of the
Membership Interest in the Company for the consideration specified below. The
Membership Interests are as follows:

<PAGE>
Exhibitions International, LLC
March 7, 2005
Page 3
<TABLE>
<CAPTION>

                                                                                 Percentage
                               Name of Member                                     Interest
           --------------------------------------------------------          -------------------

<S>                                                                          <C>
           IP Live, PLC                                                                     23%
           Arts & Exhibitions International, LLC                                            17%
           Joseph B. Marsh                                                                  17%
           Lee D. Marshall                                                                  17%
           Global Entertainment Group, Inc.                                                 18%
           Andres Numhauser                                                                  8%
                                                                             -------------------
                    Total                                                                  100%
</TABLE>

2.2           Purchase Price.

(a)  Buyer shall pay to Sellers at the Closing $800,000 in cash, payable by wire
     transfer or delivery of immediately  available funds. The $800,000 shall be
     allocated among Sellers as follows:
<TABLE>
<CAPTION>

                                    Name of Member                                 Amount
                    -----------------------------------------------          -------------------

<S>                                                                                    <C>
                    IP Live, PLC                                                       $350,000
                    Arts & Exhibitions International, LLC                              $150,000
                    Joseph B. Marsh                                                    $300,000
                                                                             -------------------
                                Total                                                  $800,000
</TABLE>

(b)  Buyer shall pay to Sellers at the Closing $700,000 in cash, payable by wire
     transfer or delivery of immediately  available funds. The $700,000 shall be
     allocated among Sellers as follows:
<TABLE>
<CAPTION>

                                    Name of Member                                 Amount
                    -----------------------------------------------          -------------------
<S>                                                                           <C>
                    IP Live, PLC                                                       $230,000
                    Arts & Exhibitions International, LLC                              $103,766
                    Joseph B. Marsh                                                    $103,766
                    Lee D. Marshall                                                    $103,766
                    Global Entertainment Group, Inc.                                   $109,870
                    Andres Numhauser                                                    $48,831
                                                                             -------------------
                                Total                                                  $700,000
</TABLE>

(c)  Buyer shall pay to Global Entertainment Group, Inc. at the Closing $300,000
     in cash,  payable by wire  transfer or delivery  of  immediately  available
     funds,  representing  repayment  of a note  from  Robert  B.  Cayne  to the
     Company.

(d)  Buyer will transfer to the Sellers (or their assignees or designees) at the
     Closing  200,000  shares of common  stock in Premier  Exhibitions,  Inc., a
     Florida corporation, and 300,000 options to purchase shares of common stock
     in Premier  Exhibitions,  Inc. at the following strike prices:  (i) 100,000
     shares at $1.25 per share;  (ii)  100,000  shares at $1.50 per  share;  and

<PAGE>
Exhibitions International, LLC
March 7, 2005
Page 4

     (iii) 100,000  shares at $1.75 per share.  The stock and options in Premier
     Exhibitions,  Inc.  shall be  subject to section  144 of the  Security  and
     Exchange  Commission  regulations  but  the  Sellers  will  have  piggyback
     registration rights subject to the approval of the managing  underwriter in
     an underwritten  public offering.  The stock and options shall be allocated
     pro  rata  among  Sellers  in  proportion  to their  respective  Membership
     Interest as identified in section 2.1 herein.

(e)  Buyer shall pay to Sellers  immediately  upon  execution  of this  document
     $10.00 (TEN DOLLARS) which represents good and valuable consideration,  the
     receipt of which is hereby acknowledged.

2.3 Covenant. Sellers agree and covenant that on the Closing Date, Company's
bank account shall have a balance of at least $700,000.00.

2.4      Non-Competition.

(a)  Each  Seller  agrees  that he or it shall not,  and shall  cause his or its
     Affiliates to not,  engage,  directly or  indirectly,  acting alone or as a
     partner, shareholder,  manager, consultant, or otherwise, in any exhibition
     of the Specimens  licensed  under a five year  agreement and any extensions
     thereto,  or any other  plastinated or polymer  preserved body specimens or
     plastinated   or  polymer   preserved   organs  except  for  the  Specimens
     contemplated  by  this  agreement.  As used in  this  Agreement,  the  term
     "Affiliate"  shall mean with  respect  to any  person or entity,  any other
     person  or entity  which  controls,  is  controlled  by or is under  common
     control with such person or entity.  As used in the  immediately  preceding
     sentence,  the term "control"  (with  correlative  meanings for the phrases
     "controlled  by" and "under common control with") shall mean,  with respect
     to any person,  the  possession,  directly or  indirectly,  of the power to
     direct the  management and policies of such person through the ownership of
     voting securities, by contract or otherwise.

(b)  It is  expressly  stipulated,  acknowledged  and  agreed  that,  except  as
     prohibited  by  paragraph  (a) of this Section  2.4,  nothing  herein shall
     prohibit or restrict the parties hereto or their  Affiliates  from engaging
     on their own and  without  being  joined by the other  party  hereto in the
     business of developing, constructing, presenting, touring or exhibiting any
     exhibitions of any and all types and kinds anywhere in the world during the
     term hereof, which exhibitions may be in direct competition with the Tour.

2.5 Exhibit at Earls Court. Buyer agrees to negotiate in good faith for an
exhibition at Earls Court in London noting that time is of the essence.

2.6 Name Change. Buyer agrees that, immediately after Closing, it will change
the Company's name and will assign any rights the Company may have to the name
"Exhibits International" to the Sellers, for no additional consideration.

<PAGE>
Exhibitions International, LLC
March 7, 2005
Page 5

2.7 Free Access. Subject to any confidentiality requirements of any agreement to
which Company is a party, each Seller will permit, and the Sellers will cause
the Company to permit, representatives of Buyer (including legal counsel and
accountants) to have full access at all reasonable times, and in a manner so as
not to interfere with the normal business operations of the Company, to all
books, records, contracts, and all documents of or pertaining to the Company.
Buyer will treat and hold as such any confidential information it receives from
any of the Sellers and the Company in the course of the reviews contemplated by
this letter agreement, and will not use any of the confidential information
except in connection with this letter agreement, and if this letter agreement is
terminated for any reason, will return to Sellers and Company all tangible
embodiments (and all copies) of the confidential information which are in its
possession. Sellers will supply copies of all documents requested by Buyer to
complete its due diligence.

2.8 Due Diligence. In the event that Buyer is not reasonably satisfied with the
results of its continuing business, legal, and accounting due diligence
regarding the Company, Buyer may terminate or modify this Agreement by giving
written notice to the Sellers at the addresses listed above on or before the
tenth (10th) day following delivery to the Buyer of the due diligence documents
as identified in Exhibit A attached hereto.

2.9 Closing. The closing of the Transaction contemplated by this letter
agreement (the "Closing") shall be at a mutually agreed upon place and time on
the second business day following the satisfaction or waiver of all of the
obligations of the parties to consummate the Transaction contemplated hereby or
such other date as Buyer and Sellers may mutually determine (the "Closing
Date").

2.10 Integration. This letter agreement supersedes all prior negotiations and
understandings; and represents the entire understanding of Buyer and Sellers
with respect to the subject matter hereof. Except as otherwise expressly
provided herein, no termination, revocation, waiver, modification or amendment
of this letter agreement shall be binding unless in writing signed by Buyer and
Sellers.

2.11 Notice. For purposes of this letter agreement, written notice shall be
deemed provided on the date such written document is placed in the United States
Mail, Express Mail, or is sent via facsimile transmission. All notices provided
to Sellers shall be sent to the addresses listed above.

2.12     Representations and Warranties.

     (a)  The Company is a Nevada limited liability company,  duly organized and
          validly  existing  under the laws of Nevada with  corporate  power and
          authority to carry on its business as presently conducted.

     (b)  All material  agreements entered into by the Company including but not
          limited to those  listed in  section 1 of this  letter  agreement  are
          enforceable in accordance with their terms, are in good standing,  and
          are  legally  binding  on the  parties  involved.  Copies  of all such
          agreements  shall be  furnished  to the Buyer upon  execution  of this
          agreement.

<PAGE>
Exhibitions International, LLC
March 7, 2005
Page 6

     (c)  Copies  of the  Company's  financial  statement  for  the  year  ended
          December 31, 2004 shall be  furnished  to the Buyer upon  execution of
          this agreement.  Since the date of such financial statement, there has
          been no material  adverse  change in the  financial  condition  of the
          Company.

     (d)  There  is no  action  pending,  or  to  the  best  of  our  knowledge,
          threatened  against  the  Company,  except (1) with  respect to action
          threatened  in the letter  which the Museum of Sciences  (Museu de les
          Ciencies) in Valencia, Spain, as received from a German law firm (Norr
          Stiefenhofer Lutz) that represents the Institut fur Plastination e.K.,
          Rathausstrasse 18, 69126 Heidelberg, Germany (Dr. Gunther von Hagens);
          and (2) with  respect  to any  action  which may be brought by CCE for
          alleged violation of the confidentiality  provisions  contained in the
          Co-Promotion Agreement.

     (e)  There are no commitments outstanding pursuant to which the Company may
          be obligated to issue any additional membership interests.

2.13 Indemnification. The Company agrees to indemnify, defend and hold harmless
Buyer, its subsidiaries, parent companies, affiliates, agents, and assigns and
their respective agents, officers, employees, and directors, from and against
any and all losses, damages, liabilities, claims, demands, suits and expenses
that Buyer may incur or be liable for as a result of any claim, suit or
proceeding made or brought against Buyer based upon, arising out of, or in
connection with (i) any breach of any representation or warranty made by the
Company in this agreement (ii) any breach of any duties or obligations of Seller
hereunder, or (iii) willful misconduct of the Company (or any of its agents,
employees or representatives) in connection with this letter agreement. Buyer
hereby agrees to indemnify, defend and hold harmless Sellers, their
subsidiaries, parent companies, affiliates, agents, and assigns and their
respective agents, officers, employees, and directors, in an action which may be
brought by CCE against the Company or Sellers for alleged violation of the
confidentiality provisions contained in the Co-Promotion Agreement as referenced
in section 2.12 (e)(2) above. Despite this indemnification provision, the
parties hereto wish to state affirmatively their opinions that production of the
Co-Promotion Agreement to Buyer after execution of this letter agreement will
not violate any provision of the Co-Promotion Agreement, and further that
nothing contained herein shall be viewed as a willful attempt to violate the
Co-Promotion Agreement.

2.14 Counterparts. This Agreement may be executed in counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same Agreement.

2.15 Confidentiality. Each of the undersigned hereby agrees that it will not
disclose to or discuss with any third-parties the nature and terms of this
letter agreement except as may be required by law or with the prior written
approval of the parties.

<PAGE>
Exhibitions International, LLC
March 7, 2005
Page 7

If this letter correctly sets forth the terms of our agreement regarding the
Transaction, please so acknowledge by countersigning the next page and returning
a copy of this letter agreement.

                                Very truly yours,

                                Premier Acquisitions, Inc.

                                By:
                                   -----------------------------------
                                      Name:  Arnie Geller
                                      Title: President

<PAGE>
Exhibitions International, LLC
March 7, 2005
Page 8

Agreed and accepted:

                                Arts & Exhibitions International, LLC

                                By:
                                   -----------------------------------
                                      Name:  John T. Norman
                                      Title:  President

                                IP Live, PLC

                                By:
                                   -----------------------------------
                                     Name:  Martin Flitton
                                     Title:  Business Development Director

                                   -----------------------------------
                                     Name:  Lee D. Marshall

                                   -----------------------------------
                                     Name:  Joseph B. Marsh

                                     Global Entertainment Group, Inc.

                                By:
                                   -----------------------------------
                                    Name:   Robert B. Cayne, Jr.
                                    Title:  President

                                   -----------------------------------

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