Document:

EXHIBIT 10.7

                              SUBSIDIARY GUARANTEE

      SUBSIDIARY  GUARANTEE,  dated as of January 27, 2005,  made by each of the
signatories  hereto  (together  with any other  entity  that may  become a party
hereto as provided  herein,  (the  "Guarantors"),  in favor of the  purchaser(s)
signatory (the  "Purchasers")  to that certain  Securities  Purchase  Agreement,
dated as of the date hereof,  between Duncan Capital  Financial  Group,  Inc., a
Delaware corporation (the "Company") and the Purchasers.

                              W I T N E S S E T H:

      Whereas, pursuant to that certain Securities Purchase Agreement,  dated as
of the date hereof, by and between the Company and the Purchasers (the "Purchase
Agreement"), the Company has agreed to sell and issue to the Purchasers, and the
Purchasers  have agreed to purchase  from the Company the  Company's  12% Senior
Secured  Notes,  due December 31, 2005 (the  "Notes"),  subject to the terms and
conditions set forth therein; and

      Whereas, each Guarantor will directly benefit from the extension of credit
to the Company represented by the issuance of the Notes; and

      NOW,  THEREFORE,  in  consideration  of the  premises  and to  induce  the
Purchasers  to  enter  into  the  Purchase   Agreement  and  to  carry  out  the
transactions  contemplated  thereby,  each  Guarantor  hereby  agrees  with  the
Purchasers as follows:

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            1. Definitions.  Unless otherwise  defined herein,  terms defined in
      the Purchase  Agreement  and used herein shall have the meanings  given to
      them in the Purchase Agreement. The words "hereof," "herein," "hereto" and
      "hereunder"  and words of similar import when used in this Guarantee shall
      refer to this Guarantee as a whole and not to any particular  provision of
      this Guarantee,  and Section and Schedule references are to this Guarantee
      unless  otherwise  specified.  The meanings  given to terms defined herein
      shall be equally  applicable to both the singular and plural forms of such
      terms. The following terms shall have the following meanings:

            "Guarantee"  means  this  Subsidiary  Guarantee,  as the same may be
      amended, supplemented or otherwise modified from time to time.

            "Obligations" means the collective  reference to all obligations and
      undertakings  of the Company of whatever  nature,  monetary or  otherwise,
      under the Notes,  the  Purchase  Agreement,  the Security  Agreement,  the
      Warrants,  the Registration Rights Agreement or any other future agreement
      or obligations undertaken by the Company to the Purchasers,  together with
      all  reasonable  attorneys'  fees,  disbursements  and all other costs and
      expenses of  collection  incurred by  Purchasers  in enforcing any of such
      Obligations and/or this Guarantee.

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2.    Guarantee.

      (a)   Guarantee.

            (i)   The Guarantors hereby, jointly and severally,  unconditionally
                  and  irrevocably,   guarantee  to  the  Purchasers  and  their
                  respective successors, indorsees, transferees and assigns, the
                  prompt and  complete  payment and  performance  by the Company
                  when due (whether at the stated  maturity,  by acceleration or
                  otherwise) of the Obligations.

            (ii)  Anything  herein or in any other  Transaction  Document to the
                  contrary  notwithstanding,   the  maximum  liability  of  each
                  Guarantor hereunder and under the other Transaction  Documents
                  shall in no event exceed the amount which can be guaranteed by
                  such  Guarantor  under  applicable  federal  and  state  laws,
                  including   laws  relating  to  the   insolvency  of  debtors,
                  fraudulent conveyance or transfer or laws affecting the rights
                  of creditors  generally  (after  giving effect to the right of
                  contribution established in Section 2(b)).

            (iii) Each Guarantor agrees that the Obligations may at any time and
                  from time to time exceed the amount of the  liability  of such
                  Guarantor  hereunder without impairing the guarantee contained
                  in this Section 2 or affecting  the rights and remedies of the
                  Purchasers hereunder.

            (iv)  The guarantee contained in this Section 2 shall remain in full
                  force and effect until all the Obligations and the obligations
                  of  each  Guarantor  under  the  guarantee  contained  in this
                  Section 2 shall have been satisfied by payment in full.

            (v)   No payment made by the  Company,  any of the  Guarantors,  any
                  other  guarantor  or any other Person or received or collected
                  by the Purchasers from the Company, any of the Guarantors, any
                  other guarantor or any other Person by virtue of any action or
                  proceeding or any set-off or  appropriation  or application at
                  any time or from time to time in reduction of or in payment of
                  the Obligations shall be deemed to modify,  reduce, release or
                  otherwise  affect the  liability  of any  Guarantor  hereunder
                  which shall,  notwithstanding any such payment (other than any
                  payment made by such  Guarantor in respect of the  Obligations
                  or any payment  received or collected  from such  Guarantor in
                  respect of the Obligations), remain liable for the Obligations
                  up to the maximum liability of such Guarantor  hereunder until
                  the Obligations are paid in full.

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            (vi)  Notwithstanding  anything to the  contrary in this  Agreement,
                  with respect to any  defaulted  non-monetary  Obligations  the
                  specific  performance  of  which  by  the  Guarantors  is  not
                  reasonably possible (e.g. the issuance of the Company's Common
                  Stock),  the  Guarantors  shall  only be liable for making the
                  Purchasers whole on a monetary basis for the Company's failure
                  to perform such Obligations in accordance with the Transaction
                  Documents.

      (g) Right of Contribution. Each Guarantor hereby agrees that to the extent
that a  Guarantor  shall  have  paid more  than its  proportionate  share of any
payment made  hereunder,  such  Guarantor  shall be entitled to seek and receive
contribution  from and against any other Guarantor  hereunder which has not paid
its proportionate share of such payment.  Each Guarantor's right of contribution
shall be subject to the terms and  conditions of Section 2(c). The provisions of
this Section 2(b) shall in no respect limit the  obligations  and liabilities of
any Guarantor to the  Purchasers,  and each Guarantor shall remain liable to the
Purchasers for the full amount guaranteed by such Guarantor hereunder.

      (h) No  Subrogation.  Notwithstanding  any payment  made by any  Guarantor
hereunder  or any  set-off  or  application  of  funds of any  Guarantor  by the
Purchasers, no Guarantor shall be entitled to be subrogated to any of the rights
of the Purchasers  against the Company or any other  Guarantor or any collateral
security or guarantee or right of offset held by the  Purchasers for the payment
of the  Obligations,  nor shall any  Guarantor  seek or be  entitled to seek any
contribution or reimbursement from the Company or any other Guarantor in respect
of payments  made by such  Guarantor  hereunder,  until all amounts owing to the
Purchasers by the Company on account of the Obligations are paid in full. If any
amount shall be paid to any Guarantor on account of such  subrogation  rights at
any time when all of the  Obligations  shall  not have  been paid in full,  such
amount shall be held by such Guarantor in trust for the  Purchasers,  segregated
from other funds of such  Guarantor,  and shall,  forthwith upon receipt by such
Guarantor,  be turned over to the  Purchasers in the exact form received by such
Guarantor (duly indorsed by such Guarantor to the Purchasers,  if required),  to
be applied against the Obligations,  whether matured or unmatured, in such order
as the Purchasers may determine.

      (i) Amendments, Etc. With Respect to the Obligations. Each Guarantor shall
remain  obligated  hereunder  notwithstanding  that,  without any reservation of
rights  against any  Guarantor  and without  notice to or further  assent by any
Guarantor,  any  demand  for  payment  of  any of the  Obligations  made  by the
Purchasers  may  be  rescinded  by the  Purchasers  and  any of the  Obligations
continued, and the Obligations, or the liability of any other Person upon or for
any part thereof,  or any collateral  security or guarantee therefor or right of
offset with respect  thereto,  may,  from time to time,  in whole or in part, be
renewed,  extended,  amended,  modified,   accelerated,   compromised,   waived,
surrendered or released by the  Purchasers,  and the Purchase  Agreement and the
other  Transaction  Documents and any other documents  executed and delivered in
connection therewith may be amended,  modified,  supplemented or terminated,  in
whole or in part, as the  Purchasers  may deem  advisable from time to time, and
any  collateral  security,  guarantee or right of offset at any time held by the
Purchasers for the payment of the  Obligations may be sold,  exchanged,  waived,
surrendered  or released.  The  Purchasers  shall have no obligation to protect,
secure,  perfect or insure any Lien at any time held by them as security for the
Obligations  or for the  guarantee  contained  in this Section 2 or any property
subject thereto.

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      (j) Guarantee  Absolute and  Unconditional.  Each Guarantor waives any and
all  notice  of  the  creation,  renewal,  extension  or  accrual  of any of the
Obligations  and  notice  of or proof of  reliance  by the  Purchasers  upon the
guarantee  contained in this Section 2 or acceptance of the guarantee  contained
in this  Section 2; the  Obligations,  and any of them,  shall  conclusively  be
deemed to have been  created,  contracted  or  incurred,  or renewed,  extended,
amended or waived,  in reliance upon the guarantee  contained in this Section 2;
and all dealings between the Company and any of the Guarantors, on the one hand,
and the Purchasers,  on the other hand, likewise shall be conclusively  presumed
to have been had or consummated in reliance upon the guarantee contained in this
Section 2. Each  Guarantor  waives to the  extent  permitted  by law  diligence,
presentment,  protest, demand for payment and notice of default or nonpayment to
or upon the Company or any of the  Guarantors  with respect to the  Obligations.
Each  Guarantor  understands  and agrees that the  guarantee  contained  in this
Section  2 shall  be  construed  as a  continuing,  absolute  and  unconditional
guarantee of payment without regard to (a) the validity or enforceability of the
Purchase Agreement or any other Transaction Document,  any of the Obligations or
any other  collateral  security  therefor or  guarantee  or right of offset with
respect thereto at any time or from time to time held by the Purchasers, (b) any
defense, set-off or counterclaim (other than a defense of payment or performance
or fraud or misconduct by  Purchasers)  which may at any time be available to or
be asserted by the Company or any other Person  against the  Purchasers,  or (c)
any other circumstance whatsoever (with or without notice to or knowledge of the
Company  or  such  Guarantor)  which  constitutes,  or  might  be  construed  to
constitute,  an equitable or legal discharge of the Company for the Obligations,
or of such  Guarantor  under  the  guarantee  contained  in this  Section  2, in
bankruptcy  or in any other  instance.  When  making  any  demand  hereunder  or
otherwise pursuing its rights and remedies hereunder against any Guarantor,  the
Purchasers may, but shall be under no obligation to, make a similar demand on or
otherwise  pursue such rights and remedies as they may have against the Company,
any other  Guarantor or any other Person or against any  collateral  security or
guarantee for the Obligations or any right of offset with respect  thereto,  and
any  failure by the  Purchasers  to make any such  demand,  to pursue such other
rights or  remedies  or to collect  any  payments  from the  Company,  any other
Guarantor or any other Person or to realize upon any such collateral security or
guarantee  or to  exercise  any such  right of  offset,  or any  release  of the
Company,  any  other  Guarantor  or any  other  Person  or any  such  collateral
security,  guarantee or right of offset,  shall not relieve any Guarantor of any
obligation or liability hereunder, and shall not impair or affect the rights and
remedies,  whether  express,  implied or  available  as a matter of law,  of the
Purchasers  against any  Guarantor.  For the  purposes  hereof,  "demand"  shall
include the commencement and continuance of any legal proceedings.

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      (k)  Reinstatement.  The  guarantee  contained  in  this  Section  2 shall
continue to be effective,  or be reinstated,  as the case may be, if at any time
payment,  or any part thereof,  of any of the  Obligations  is rescinded or must
otherwise  be  restored  or  returned  by the  Purchasers  upon the  insolvency,
bankruptcy,  dissolution,  liquidation or  reorganization  of the Company or any
Guarantor,  or upon or as a result of the appointment of a receiver,  intervenor
or  conservator  of, or trustee  or  similar  officer  for,  the  Company or any
Guarantor or any substantial part of its property,  or otherwise,  all as though
such payments had not been made.

      (l) Payments.  Each Guarantor  hereby  guarantees that payments  hereunder
will be paid to the Purchasers  without set-off or counterclaim in U.S.  dollars
at the address set forth or referred to in the Purchase Agreement.

      13.  Representations  and  Warranties.  Each  Guarantor  hereby  makes the
following representations and warranties to Purchasers as of the date hereof:

      (a)  Organization  and  Qualification.  The Guarantor is a corporation  or
limited  liability  company,  duly  incorporated,  validly  existing and in good
standing under the laws of the applicable  jurisdiction set forth on Schedule 1,
with the requisite  corporate  power and authority to own and use its properties
and assets and to carry on its business as currently  conducted.  The  Guarantor
has no  subsidiaries  other  than  those  identified  as such on the  Disclosure
Schedules  to the Purchase  Agreement.  The  Guarantor  is duly  qualified to do
business and is in good standing as a foreign  corporation in each  jurisdiction
in which the nature of the business conducted or property owned by it makes such
qualification necessary,  except where the failure to be so qualified or in good
standing, as the case may be, could not,  individually or in the aggregate,  (x)
adversely  affect  the  legality,  validity  or  enforceability  of any of  this
Guaranty in any  material  respect,  (y) have a material  adverse  effect on the
results  of  operations,  assets,  prospects,  or  financial  condition  of  the
Guarantor  or (z)  adversely  impair in any  material  respect  the  Guarantor's
ability to perform fully on a timely basis its  obligations  under this Guaranty
(a "Material Adverse Effect").

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      (b) Authorization;  Enforcement. The Guarantor has the requisite corporate
power  and  authority  to  enter  into  and  to  consummate   the   transactions
contemplated  by this  Guaranty,  and  otherwise  to carry  out its  obligations
hereunder.  The execution and delivery of this Guaranty by the Guarantor and the
consummation  by it of the  transactions  contemplated  hereby  have  been  duly
authorized by all requisite corporate action on the part of the Guarantor.  This
Guaranty has been duly executed and  delivered by the Guarantor and  constitutes
the valid and  binding  obligation  of the  Guarantor  enforceable  against  the
Guarantor in accordance  with its terms,  except as such  enforceability  may be
limited  by  applicable  bankruptcy,  insolvency,  reorganization,   moratorium,
liquidation or similar laws relating to, or affecting  generally the enforcement
of, creditors'  rights and remedies or by other equitable  principles of general
application.

      (c) No Conflicts. The execution, delivery and performance of this Guaranty
by the  Guarantor  and the  consummation  by the  Guarantor of the  transactions
contemplated  thereby  do not and  will not (i)  conflict  with or  violate  any
provision of its Certificate of  Incorporation or By-laws or (ii) conflict with,
constitute  a default  (or an event  which with  notice or lapse of time or both
would  become a default)  under,  or give to others  any rights of  termination,
amendment,   acceleration  or  cancellation  of,  any  agreement,  indenture  or
instrument to which the Guarantor is a party,  or (iii) result in a violation of
any  law,  rule,  regulation,  order,  judgment,  injunction,  decree  or  other
restriction  of any court or  governmental  authority to which the  Guarantor is
subject  (including  Federal and state securities laws and  regulations),  or by
which any  material  property or asset of the  Guarantor  is bound or  affected,
except in the case of each of clauses (ii) and (iii), such conflicts,  defaults,
terminations,  amendments, accelerations,  cancellations and violations as could
not,  individually  or in the  aggregate,  have or result in a Material  Adverse
Effect. The business of the Guarantor is not being conducted in violation of any
law,  ordinance  or  regulation  of  any  governmental  authority,   except  for
violations  which,  individually  or in the  aggregate,  do not have a  Material
Adverse Effect.

      (d) Consents and  Approvals.  The  Guarantor is not required to obtain any
consent,  waiver,  authorization or order of, or make any filing or registration
with, any court or other federal,  state,  local,  foreign or other governmental
authority  or other  person  in  connection  with the  execution,  delivery  and
performance by the Guarantor of this Guaranty.

      (e) Purchase Agreement.  The representations and warranties of the Company
set forth in the Purchase  Agreement as they relate to such  Guarantor,  each of
which is hereby  incorporated  herein by  reference,  are true and correct as of
each time such  representations  are deemed to be made pursuant to such Purchase
Agreement,  and the  Purchasers  shall be entitled to rely on each of them as if
they were fully set forth  herein,  provided,  that each  reference in each such
representation  and warranty to the Company's  knowledge shall, for the purposes
of this Section 3, be deemed to be a reference to such Guarantor's knowledge.

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      (f) Foreign Law. Each  Guarantor has consulted  with  appropriate  foreign
legal  counsel  with  respect  to any of the  above  representations  for  which
non-U.S.  law is applicable.  Such foreign  counsel have advised each applicable
Guarantor   that  such  counsel  knows  of  no  reason  why  any  of  the  above
representations  would  not be true and  accurate.  Such  foreign  counsel  were
provided with copies of this Subsidiary Guarantee and the Transaction  Documents
prior to rendering their advice.

      7.  Covenants.  Each  Guarantor  covenants and agrees with the  Purchasers
that, from and after the date of this Guarantee until the Obligations shall have
been paid in full, such Guarantor shall take,  and/or shall refrain from taking,
as the case may be, each commercially  reasonable action that is necessary to be
taken or not taken, as the case may be, so that no Event of Default is caused by
the  failure to take such  action or to refrain  from taking such action by such
Guarantor.

      8. Miscellaneous.

      (a)  Amendments  in  Writing.  None of the  terms  or  provisions  of this
Guarantee may be waived,  amended,  supplemented or otherwise modified except in
writing by the Purchasers.

      (b) Notices.  All notices,  requests and demands to or upon the Purchasers
or any Guarantor  hereunder  shall be effected in the manner provided for in the
Purchase Agreement;  provided that any such notice, request or demand to or upon
any  Guarantor  shall be addressed to such  Guarantor at its notice  address set
forth on Schedule 5(b).

      (c) No Waiver By Course Of Conduct;  Cumulative  Remedies.  The Purchasers
shall not by any act (except by a written instrument  pursuant to Section 5(a)),
delay,  indulgence,  omission or otherwise be deemed to have waived any right or
remedy  hereunder or to have  acquiesced  in any default  under the  Transaction
Documents  or Event  of  Default.  No  failure  to  exercise,  nor any  delay in
exercising,  on the  part of the  Purchasers,  any  right,  power  or  privilege
hereunder  shall operate as a waiver thereof.  No single or partial  exercise of
any right,  power or  privilege  hereunder  shall  preclude any other or further
exercise  thereof or the  exercise of any other  right,  power or  privilege.  A
waiver by the  Purchasers  of any right or remedy  hereunder on any one occasion
shall not be  construed  as a bar to any right or  remedy  which the  Purchasers
would  otherwise  have on any future  occasion.  The rights and remedies  herein
provided are cumulative,  may be exercised  singly or  concurrently  and are not
exclusive of any other rights or remedies provided by law.

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      (d) Enforcement Expenses; Indemnification.

            (i)   Each Guarantor agrees to pay, or reimburse the Purchasers for,
                  all its costs and expenses incurred in collecting against such
                  Guarantor  under  the  guarantee  contained  in  Section  2 or
                  otherwise  enforcing  or  preserving  any  rights  under  this
                  Guarantee  and the other  Transaction  Documents to which such
                  Guarantor  is a  party,  including,  without  limitation,  the
                  reasonable   fees  and   disbursements   of   counsel  to  the
                  Purchasers.

            (ii)  Each  Guarantor  agrees  to pay,  and to save  the  Purchasers
                  harmless  from,  any and all  liabilities  with respect to, or
                  resulting from any delay in paying, any and all stamp, excise,
                  sales or other taxes which may be payable or  determined to be
                  payable   in   connection   with   any  of  the   transactions
                  contemplated by this Guarantee.

            (iii) Each  Guarantor  agrees  to pay,  and to save  the  Purchasers
                  harmless from, any and all liabilities,  obligations,  losses,
                  damages, penalties, actions, judgments, suits, costs, expenses
                  or disbursements of any kind or nature whatsoever with respect
                  to  the  execution,  delivery,  enforcement,  performance  and
                  administration  of this  Guarantee  to the extent the  Company
                  would be required to do so pursuant to the Purchase Agreement.

            (iv)  The agreements in this Section shall survive  repayment of the
                  Obligations  and all other amounts  payable under the Purchase
                  Agreement and the other Transaction Documents.

      (e)  Successor  and  Assigns.  This  Guarantee  shall be binding  upon the
successors  and assigns of each  Guarantor and shall inure to the benefit of the
Purchasers  and  their  respective  successors  and  assigns;  provided  that no
Guarantor  may assign,  transfer or  delegate  any of its rights or  obligations
under this Guarantee without the prior written consent of the Purchasers.

      (f) Set-Off.  Each Guarantor hereby irrevocably  authorizes the Purchasers
at any time and from  time to time  while an Event of  Default  under any of the
Transaction  Documents shall have occurred and be continuing,  without notice to
such Guarantor or any other Guarantor, any such notice being expressly waived by
each  Guarantor,  to set-off  and  appropriate  and apply any and all  deposits,
credits, indebtedness or claims, in any currency, in each case whether direct or
indirect,  absolute or  contingent,  matured or  unmatured,  at any time held or
owing by the  Purchasers to or for the credit or the account of such  Guarantor,
or any part thereof in such amounts as the Purchasers may elect,  against and on
account of the  obligations  and liabilities of such Guarantor to the Purchasers
hereunder and claims of every nature and  description of the Purchasers  against
such Guarantor, in any currency,  whether arising hereunder,  under the Purchase
Agreement,  any other Transaction  Document or otherwise,  as the Purchasers may
elect,  whether  or not the  Purchasers  have made any demand  for  payment  and
although  such  obligations,   liabilities  and  claims  may  be  contingent  or
unmatured.  The  Purchasers  shall  notify such  Guarantor  promptly of any such
set-off and the  application  made by the  Purchasers  of the proceeds  thereof,
provided  that the failure to give such notice  shall not affect the validity of
such set-off and  application.  The rights of the Purchasers  under this Section
are in  addition to other  rights and  remedies(including,  without  limitation,
other rights of set-off) which the Purchasers may have.

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      (g)  Counterparts.  This  Guarantee  may be executed by one or more of the
parties to this Guarantee on any number of separate  counterparts  (including by
telecopy),  and all of said  counterparts  taken  together  shall be  deemed  to
constitute one and the same instrument.

      (h)  Severability.  Any provision of this Guarantee which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability  without  invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render  unenforceable such provision in any
other jurisdiction.

      (i) Section Headings.  The Section headings used in this Guarantee are for
convenience of reference only and are not to affect the  construction  hereof or
be taken into consideration in the interpretation hereof.

      (j)  Integration.  This  Guarantee  and the  other  Transaction  Documents
represent the agreement of the Guarantors and the Purchasers with respect to the
subject  matter  hereof and thereof,  and there are no  promises,  undertakings,
representations  or  warranties  by the  Purchasers  relative to subject  matter
hereof and thereof not expressly set forth or referred to herein or in the other
Transaction Documents.

      (k) Governing Law. THIS GUARANTEE  SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE  WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT REGARD
TO ANY PRINCIPLES OF CONFLICTS OF LAWS.

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<PAGE>

      (l)  Submission  to   Jurisdictional;   Waiver.   Each  Guarantor   hereby
irrevocably and unconditionally:

            (i)   submits  for itself and its  property  in any legal  action or
                  proceeding   relating   to  this   Guarantee   and  the  other
                  Transaction   Documents  to  which  it  is  a  party,  or  for
                  recognition   and  enforcement  of  any  judgment  in  respect
                  thereof,  to the  non-exclusive  general  jurisdiction  of the
                  Courts of the State of New York,  located in New York  County,
                  New York,  the courts of the United  States of America for the
                  Southern  District of New York, and appellate  courts from any
                  thereof;

            (ii)  consents that any such action or proceeding  may be brought in
                  such  courts  and  waives  any  objection  that  it may now or
                  hereafter  have to the venue of any such action or  proceeding
                  in any such  court  or that  such  action  or  proceeding  was
                  brought  in an  inconvenient  court and agrees not to plead or
                  claim the same;

            (iii) agrees  that   service  of  process  in  any  such  action  or
                  proceeding  may be  effected  by  mailing  a copy  thereof  by
                  registered  or certified  mail (or any  substantially  similar
                  form of  mail),  postage  prepaid,  to such  Guarantor  at its
                  address referred to in the Purchase Agreement or at such other
                  address  of which the  Purchasers  shall  have  been  notified
                  pursuant thereto;

            (iv)  agrees that  nothing  herein  shall affect the right to effect
                  service  of process in any other  manner  permitted  by law or
                  shall limit the right to sue in any other jurisdiction; and

            (v)   waives, to the maximum extent not prohibited by law, any right
                  it may  have to  claim  or  recover  in any  legal  action  or
                  proceeding referred to in this Section any special, exemplary,
                  punitive or consequential damages.

      (f) Acknowledgements. Each Guarantor hereby acknowledges that:

            (i)   it has been advised by counsel in the  negotiation,  execution
                  and  delivery  of this  Guarantee  and the  other  Transaction
                  Documents to which it is a party;

            (ii)  the Purchasers have no fiduciary  relationship with or duty to
                  any  Guarantor  arising  out  of or in  connection  with  this
                  Guarantee or any of the other Transaction  Documents,  and the
                  relationship between the Guarantors,  on the one hand, and the
                  Purchasers,  on the other  hand,  in  connection  herewith  or
                  therewith is solely that of debtor and creditor; and

                                       10
<PAGE>

            (iii) no joint venture is created hereby or by the other Transaction
                  Documents  or otherwise  exists by virtue of the  transactions
                  contemplated hereby among the Guarantors and the Purchasers.

      (d)   Additional   Guarantors.   The  Company  shall  cause  each  of  its
subsidiaries  formed or acquired on or subsequent to the date hereof to become a
Guarantor  for all purposes of this  Guarantee by executing  and  delivering  an
Assumption Agreement in the form of Annex 1 hereto.

      (e) Release of Guarantors.  Subject to Section 2.6, each Guarantor will be
released from all liability hereunder concurrently with the repayment in full of
all amounts  owed under the Purchase  Agreement,  the  Debentures  and the other
Transaction Documents.

      (f) Seniority.  The  Obligations of each of the Guarantors  hereunder rank
senior in priority to any other unsecured Debt (as defined in the Debentures) of
such Guarantor.

      (g)  Waiver of Jury  Trial.  EACH  GUARANTOR  AND,  BY  ACCEPTANCE  OF THE
BENEFITS HEREOF, THE PURCHASERS,  HEREBY IRREVOCABLY AND  UNCONDITIONALLY  WAIVE
TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING  RELATING TO THIS  GUARANTEE AND
FOR ANY COUNTERCLAIM THEREIN.

                                       11
<PAGE>

      IN WITNESS  WHEREOF,  each of the undersigned has caused this Guarantee to
be duly executed and delivered as of the date first above written.

                Subsidiary

                PENSION ADMINISTRATION SERVICES, INC.

                /s/ Michael Bluestein
                President

                Subsidiary
                COMPLETE INVESTMENT MANAGEMENT OF PHILADELPHIA, INC.

                /s/ Michael Bluestein
                President

                Subsidiary
                MD BLUESTEIN, INC.

                /s/ Michael Bluestein
                President

                                       12Exhibit 4.1

                               [STOCK CERTIFICATE]

                  INCORPORATED UNDER THE LAWS OF THE STATE OF
                                    DELAWARE
                                      2005

     NUMBER                                                         SHARES

                                  SRKP 2, INC.

                  AUTHORIZED CAPITAL STOCK: 110,000,000 SHARES

COMMON STOCK - 100,000,000 SHARES - PAR VALUE $.001 EACH
                   PREFERRED STOCK - 10,000,000 SHARES - PAR VALUE $.001 EACH

 This Certifies that             SPECIMEN                is the record holder
                     -----------------------------------

of                                Shares of the         COMMON          Stock
   ------------------------------               --------------------------

transferable only on the books of the Corporation by the holder hereof in person
or by Attorney upon surrender of this Certificate properly endorsed.

                                     COMMON

    In Witness Whereof, the said Corporation has caused this Certificate to be
signed by its duly authorized officers and its Corporate Seal to be hereunto
affixed this             day of                   A.D.
             -----------        -----------------      ----------

----------------------------                  -------------------------
Richard Rappaport, President                  Glenn Krinsky, Secretary

                           THE CORPORATE PRESS, INC.                  1/4 432
                                LOS ANGELES, CA                           -U-

<PAGE>

 The Value Received, __________________ hereby sell, assign and transfer unto

PLEASE INSERT SOCIAL OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE

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

______________________________________________________________________ Shares

represented by the within Certificate and do hereby irrevocably constitute
and appoint
__________________________________________________________________  Attorney

to transfer the said Shares on the books of the within named Corporation with
full power of substitution in the premises.

    Dated ______________________

          In presence of

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

                    NOTICE: THE SIGNATURE OF THIS ASSIGNMENT
                MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE
       FACE OF THE CERTIFICATE, IN EVERY PARTICULAR, WITHOUT ALTERATION OR
                      ENLARGEMENT, OR ANY CHANGE WHATEVER.

                                      -2-

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