Document:

Exhibit 10.2

THE SECURITIES REPRESENTED BY THIS WARRANT HAVE BEEN ACQUIRED FOR INVESTMENT AND
HAVE NOT BEEN  REGISTERED  UNDER THE  SECURITIES  ACT OF 1933, AS AMENDED ("1933
ACT")  OR ANY  STATE  SECURITIES  LAWS.  SUCH  SECURITIES  MAY  NOT BE  SOLD  OR
TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION  THEREFROM UNDER
THE 1933 ACT AND ANY APPLICABLE STATE SECURITIES LAWS.

                       CLASS B WARRANT TO PURCHASE SHARES
                                 OF THE STOCK OF
                              TOMBSTONE CARDS, INC.
                (VOID AFTER EXPIRATION DATE - _________________)

                           Issue Date: ________, 2006

         This  certifies  that _______ or his  successors or assigns  ("HOLDER")
shall be entitled to purchase from TOMBSTONE CARDS, INC., a Colorado corporation
("COMPANY"), having its principal place of business at ________________________,
_______  fully paid and  non-assessable  shares of the  Company's  common stock,
("COMMON  STOCK"),  at a price per share equal to the Exercise Price (as defined
below).

         This Class B Warrant is being  issued in  connection  with an  offering
("OFFERING")  of units  consisting  of  Series  A  Convertible  Preferred  Stock
Convertible  into  Common  Stock and Class A and Class B  Warrants  to  purchase
Common  Stock(the  "Units").  The Offering is being made only to  Investors  who
qualify  as  "accredited  investors"  as such  term is  defined  in Rule  501 of
Regulation  D under the  Securities  Act of 1933,  as amended  (the  "SECURITIES
Act").  Capitalized  terms used herein and not otherwise  defined shall have the
respective meanings set forth in the Purchase Agreement.

         The  initial  exercise  price  (the  "EXERCISE  PRICE") of this Class B
Warrant  will be  equal to $5.00  per  share,  subject  to  adjustment  upon the
occurrence of the events described in Section 2 of this Class B Warrant.

         This Class B Warrant shall be  exercisable  into shares of Common Stock
at any time, or from time-to-time, up to and including 5:00 p.m. (New York time)
on _________________ ("EXPIRATION DATE"), provided, however, if such date is not
a Business Day, then on the Business Day immediately  following such date).  The
Expiration  Date shall be modified to equal 120 days from the Effective  Date of
the  Registration  Statement  in the event such date is prior to the  Expiration
Date. This Class B Warrant is exercisable in whole or in part upon the surrender
to the Company at its principal  place of business (or at such other location as
the Company  may advise the Holder in writing) of this Class B Warrant  properly
endorsed with a form of subscription in  substantially  the form attached hereto
duly filled in and signed and, if  applicable,  upon payment in cash or by check
of the aggregate  Exercise Price for the number of shares for which this Class B
Warrant is being  exercised as  determined  in  accordance  with the  provisions
hereof.
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1. Exercise; Issuance of Certificates; Payment for Shares.

          1.1  GENERAL.  This Class B Warrant is exercisable in full, or in part
               for 10,000 or more shares, in increments of 10,000 shares, except
               for the final  exercise  which may be for the  remainder,  at the
               option of the Holder of record at any time or from time, to time,
               up to the  Expiration  Date for all of the shares of Common Stock
               (but  not for a  fraction  of a  share)  which  may be  purchased
               hereunder.  In the case of the  exercise  of less than all of the
               Class B Warrants  represented  hereby,  the Company  shall cancel
               this Class B Warrant  Certificate  upon the surrender  hereof and
               shall  execute and deliver a new Class B Warrant  Certificate  or
               Class B Warrant  Certificates  of like  tenor for the  balance of
               such Class B  Warrants.  The  Company  agrees  that the shares of
               Common Stock  purchased  under this Class B Warrant  shall be and
               are deemed to be issued to the Holder  hereof as the record owner
               of such  shares as of the close of  business on the date on which
               the  exercise  notice  (attached  hereto as  Schedule  A or B) is
               delivered to the Company via facsimile;  provided,  however, that
               in such case this  Class B Warrant  shall be  surrendered  to the
               Company  within three (3)  business  days.  Certificates  for the
               shares  of Common  Stock so  purchased,  together  with any other
               securities  or property to which the Holder is entitled upon such
               exercise,  shall be delivered to the Holder by the Company at the
               Company's  expense  within a  reasonable  time  after the  rights
               represented  by this Class B Warrant have been so exercised,  and
               in any event,  within three  business  days of such  exercise and
               delivery of the Exercise Price.  The Company shall, no later than
               the close of business on the first  business  day  following  the
               date on  which  the  Company  receives  the  exercise  notice  by
               facsimile   transmission  issue  and  deliver  to  the  Company's
               Transfer Agent  irrevocable  instructions to issue and deliver or
               cause to be delivered to such Holder the number of Warrant Shares
               exercised  within two business days  thereafter by either express
               mail or hand delivery. Each Common Stock certificate so delivered
               shall be in such denominations of 10,000 or more shares of Common
               Stock, in increments of 10,000, as may be requested by the Holder
               hereof and shall be registered on the Company's books in the name
               designated by such Holder,  provided that no Holder of this Class
               B Warrant  shall be  permitted  to exercise  any  warrants to the
               extent  that  such  exercise  would  cause  any  Holder to be the
               beneficial  owner of more  than  4.999%  of the then  outstanding
               Company's  Common  Stock,  at that given time (as  determined  in
               accordance  with Section 13(d) of the Securities  Exchange Act of
               1934, as amended,  and the rules  thereunder)  . This  limitation
               shall not be deemed to prevent  any Holder  from  acquiring  more
               than an aggregate of 4.999% of the Common Stock,  so long as such
               Holder  does  not   beneficially   own,  or  have  the  right  to
               beneficially  more than 4.999% of the  Company's  Common Stock at
               any given time. The limitations  contained  herein shall cease to
               apply upon  sixty-one  (61) days prior  written  notice  from the
               Holder to the Company.

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          1.2  EXERCISE FOR CASH

               This Class B Warrant may be exercised, in whole at any time or in
               part from time to time,  commencing  on the date hereof and prior
               to 5:00 P.M., New York time, on _________________,  by the Holder
               by the  facsimile  delivery of the exercise  notice,  as attached
               hereto,  on the date of the  exercise  and by  surrender  of this
               Class B Warrant  within three (3) business days from the exercise
               day at the address set forth hereof, together with proper payment
               of the aggregate Exercise Price payable hereunder for the Class B
               Warrant Shares ("AGGREGATE  WARRANT PRICE"), or the proportionate
               part  thereof  if this  Class B  Warrant  is  exercised  in part.
               Payment for the Class B Warrant  Shares shall be made by wire, or
               check  payable  to the  order  of the  Company.  If this  Class B
               Warrant  is  exercised  in part,  this  Class B  Warrant  must be
               exercised for a number of whole shares of the Common  Stock,  and
               the Holder is entitled to receive a new Class B Warrant  covering
               the Class B Warrant  Shares  which  have not been  exercised  and
               setting forth the  proportionate  part of the  Aggregate  Warrant
               Price  applicable  to such  Class B  Warrant  Shares.  Upon  such
               surrender  of this Class B Warrant the  Company  will (a) issue a
               certificate  or  certificates  in the name of the  Holder for the
               largest  number of whole  shares of the Common Stock to which the
               Holder shall be entitled and (b) deliver the other securities and
               properties  receivable upon the exercise of this Class B Warrant,
               or the  proportionate  part  thereof  if this  Class B Warrant is
               exercised  in part,  pursuant to the  provisions  of this Class B
               Warrant.

          1.3  SHARES TO BE FULLY  PAID;  RESERVATION  OF  SHARES.  The  Company
               covenants and agrees that all shares of Common Stock which may be
               issued upon the exercise of the rights  represented by this Class
               B  Warrant  will,  upon  issuance,  be duly  authorized,  validly
               issued, fully paid and nonassessable and free from all preemptive
               rights  of any  shareholder  and  free of all  taxes,  liens  and
               charges with respect to the issue  thereof.  The Company  further
               covenants  and agrees  that,  during the period  within which the
               rights represented by this Class B Warrant may be exercised,  the
               Company will at all times have  authorized and reserved,  for the
               purpose of issue or transfer  upon  exercise of the  subscription
               rights evidenced by this Class B Warrant,  a sufficient number of
               shares of  authorized  but  unissued  Common  Stock,  when and as
               required to provide for the exercise of the rights represented by
               this Class B Warrant.  The  Company  will take all such action as
               may be  necessary  to assure that such shares of Common Stock may
               be issued as provided herein without  violation of any applicable
               law  or  regulation,  or of  any  requirements  of  any  domestic
               securities   exchange  upon  which  the  Common  Stock  or  other
               securities  may be listed;  provided,  however,  that the Company
               shall not be required to effect a  registration  under federal or
               state securities laws with respect to such exercise other than as

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               required by the Registration  Rights Agreement.  The Company will
               not take any action which would result in any  adjustment  of the
               Exercise  Price if the total  number  of  shares of Common  Stock
               issuable  after such  action  upon  exercise  of all  outstanding
               warrants,   together   with  all  shares  of  Common  Stock  then
               outstanding  and all shares of Common  Stock then  issuable  upon
               exercise  of  all  options  and  upon  the   conversion   of  all
               convertible  securities then outstanding,  would exceed the total
               number  of  shares of  Common  Stock or  Equity  Securities  then
               authorized by the Company's  Articles of Incorporation  ("COMPANY
               CHARTER").

          1.4  BUY-IN. In addition to any other rights available to a Holder, if
               the  Company  fails  to  deliver  to  the  Holder  a  certificate
               representing  Warrant  Shares by the third  Trading Day after the
               date on which  delivery of such  certificate  is required by this
               Warrant, and if after such third Trading Day the Holder purchases
               (in an open market  transaction  or  otherwise)  shares of Common
               Stock to  deliver in  satisfaction  of a sale by the Holder on or
               after the  Exercise  Date of the  Warrant  Shares that the Holder
               anticipated  receiving  from the Company (a  "BUY-IN"),  then the
               Company  shall,  within  three  Trading  Days after the  Holder's
               request and in the  Holder's  discretion,  either (i) pay cash to
               the  Holder in an amount  equal to the  Holder's  total  purchase
               price (including brokerage commissions, if any) for the shares of
               Common Stock so purchased  (the "BUY-IN  PRICE"),  at which point
               the  Company's  obligation  to deliver such  certificate  (and to
               issue such Common Stock) shall terminate,  or (ii) promptly honor
               its  obligation  to  deliver  to  the  Holder  a  certificate  or
               certificates  representing  such Common Stock and pay cash to the
               Holder in an amount  equal to the  excess  (if any) of the Buy-In
               Price  over the  product  of (A) such  number of shares of Common
               Stock,  times  (B) the  Closing  Price on the  date of the  event
               giving  rise  to  the   Company's   obligation  to  deliver  such
               certificate.  Notwithstanding  the  foregoing,  the Company shall
               have no liability  under this  subsection for the Buy-In Price if
               it has compiled with the requirements of subsection 1.1 above and
               notwithstanding  it using its best  efforts to have its  transfer
               agent  deliver the Warrant  Shares to the  Holders  within  three
               trading days of the Holder's  request such Warrant Shares are not
               delivered on a timely basis.

2.  DETERMINATION  OR  ADJUSTMENT  OF EXERCISE  PRICE AND NUMBER OF SHARES.  The
Exercise  Price and the number of shares  purchasable  upon the exercise of this
Class B  Warrant  shall be  subject  to  adjustment  from  time to time upon the
occurrence of certain events  described in this Section 2. Upon each  adjustment
of the Exercise  Price,  the Holder of this Class B Warrant shall  thereafter be
entitled to purchase, at the Exercise Price resulting from such adjustment,  the
number  of  shares   obtained  by  multiplying  the  Exercise  Price  in  effect
immediately  prior  to such  adjustment  by the  number  of  shares  purchasable
pursuant hereto  immediately prior to such adjustment,  and dividing the product
thereof by the Exercise Price resulting from such adjustment.

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          2.1  SUBDIVISION OR  COMBINATION OF COMMON STOCK.  In case the Company
               shall at any time subdivide or reclassify its outstanding  shares
               of Common  Stock into a greater  number of shares,  the  Exercise
               Price in effect  immediately  prior to such subdivision  shall be
               proportionately reduced, and conversely,  in case the outstanding
               shares  of  Common  Stock of the  Company  shall be  combined  or
               reclassified into a smaller number of shares,  the Exercise Price
               in  effect   immediately  prior  to  such  combination  shall  be
               proportionately increased.

          2.2  DIVIDENDS   IN   COMMON    STOCK,    OTHER    STOCK,    PROPERTY,
               RECLASSIFICATION. If at any time or from time to time the holders
               of Common  Stock (or any shares of stock or other  securities  at
               the time  receivable  upon the  exercise of this Class B Warrant)
               shall  have  received  or become  entitled  to  receive,  without
               payment therefore:

               2.2.1Stock,  Common Stock or any shares of capital stock or other
                    securities  which  are at any time  directly  or  indirectly
                    convertible  into or  exchangeable  for Common Stock, or any
                    rights or options to  subscribe  for,  purchase or otherwise
                    acquire  any of the  foregoing  by way of  dividend or other
                    distribution,

               2.2.2Any cash paid or payable  otherwise than as a cash dividend,
                    or

               2.2.3Stock,  Common Stock or  additional  capital  stock or other
                    securities or property  (including  cash) by way of spinoff,
                    split-up, reclassification, combination of shares or similar
                    corporate rearrangement,  (other than shares of Common Stock
                    issued as a stock split or  adjustments  in respect of which
                    shall be covered by the terms of Section  2.1  above),  then
                    and in each such case,  the Holder  hereof  shall,  upon the
                    exercise of this Class B Warrant, be entitled to receive, in
                    addition  to the  number of shares of Common  Stock or other
                    capital stock receivable  thereupon,  and without payment of
                    any additional  consideration  therefor, the amount of stock
                    and other  securities  and property  (including  cash in the
                    cases  referred to in clause  (2.2.2)  above and this clause
                    (2.2.3))  which such  Holder  would hold on the date of such
                    exercise  had he been the  holder of  record of such  Common
                    Stock  as of the  date on  which  holders  of  Common  Stock
                    received or became  entitled  to receive  such shares or all
                    other additional stock and other securities and property.

          2.3  REORGANIZATION, RECLASSIFICATION, CONSOLIDATION, MERGER OR SALE.

               2.3.1If any recapitalization,  reclassification or reorganization
                    of the capital stock of the Company, or any consolidation or
                    merger of the Company with another corporation,  or the sale
                    of  all  or  substantially   all  of  its  assets  or  other

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                    transaction  shall be effected in such a way that holders of
                    Common Stock shall be entitled to receive stock, securities,
                    or other assets or property (an "ORGANIC CHANGE"),  then, as
                    a condition  of such  Organic  Change,  lawful and  adequate
                    provisions  shall be made by the Company  whereby the Holder
                    hereof shall  thereafter  have the right,  upon  exercise of
                    this Class B Warrant,  to  purchase  and receive (in lieu of
                    the shares of the Common  Stock of the  Company  immediately
                    theretofore  purchasable and receivable upon the exercise of
                    the rights  represented by this Class B Warrant) such shares
                    of stock,  securities  or other assets or property as may be
                    issued or  payable  with  respect  to or in  exchange  for a
                    number of  outstanding  shares of such Common Stock equal to
                    the number of shares of such stock  immediately  theretofore
                    purchasable  and receivable  upon the exercise of the rights
                    represented  by this  Class B  Warrant.  In the event of any
                    Organic Change,  appropriate  provision shall be made by the
                    Company  with  respect to the rights  and  interests  of the
                    Holder  of  this  Class  B  Warrant  to  the  end  that  the
                    provisions hereof (including, without limitation, provisions
                    for  adjustments  of the Exercise Price and of the number of
                    shares  purchasable and receivable upon the exercise of this
                    Class B Warrant) shall thereafter be applicable, in relation
                    to any  shares of  stock,  securities  or assets  thereafter
                    deliverable upon the exercise  hereof.  The Company will not
                    effect any such consolidation,  merger or sale unless, prior
                    to the consummation  thereof, the successor  corporation (if
                    other than the Company) resulting from such consolidation or
                    the  corporation  purchasing  such  assets  shall  assume by
                    written  instrument  executed and mailed or delivered to the
                    Holder  hereof at the last address of such Holder  appearing
                    on the books of the Company,  the  obligation  to deliver to
                    such Holder,  upon Holder's exercise of this Class B Warrant
                    and payment of the  purchase  price in  accordance  with the
                    terms hereof, such shares of stock, securities or assets as,
                    in accordance with the foregoing provisions, such Holder may
                    be entitled to purchase.

               2.3.2No adjustment of the Exercise Price, however,  shall be made
                    in an amount  less than $.01 per Share,  but any such lesser
                    adjustment shall be carried forward and shall be made at the
                    time and together with the next subsequent  adjustment which
                    together  with any  adjustments  so  carried  forward  shall
                    amount to $.01 per Share or more.

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2.4 CERTAIN EVENTS. If any change in the outstanding Common Stock of the Company
or any other event occurs as to which the other provisions of this Section 2 are
not strictly  applicable or if strictly  applicable would not fairly protect the
purchase  rights of the  Holder of the Class B Warrant in  accordance  with such
provisions,  then the Board of Directors of the Company shall make an adjustment
in the  number  and class of shares  available  under the Class B  Warrant,  the
Exercise  Price or the  application  of such  provisions,  so as to protect such
purchase  rights as  aforesaid.  The  adjustment  shall be such as will give the
Holder of the Class B Warrant  upon  exercise  for the same  aggregate  Exercise
Price the total number,  and kind of shares as he would have owned had the Class
B Warrant  been  exercised  prior to the event and had he continued to hold such
shares until after the event requiring adjustment.

2.5 NOTICES OF CHANGE.

               2.5.1Upon any  determination or adjustment in the number or class
                    of  shares  subject  to  this  Class  B  Warrant  and of the
                    Exercise  Price,  the  Company  shall  give  written  notice
                    thereof to the Holder,  setting forth in  reasonable  detail
                    and certifying  the  calculation  of such  determination  or
                    adjustment.

               2.5.2The  Company  shall  give  written  notice to the  Holder at
                    least 20  business  days  prior  to the  date on  which  the
                    Company  closes its books or takes a record for  determining
                    rights to receive any dividends or distributions.

               2.5.3The Company shall also give written  notice to the Holder at
                    least 20 days prior to the date on which an  Organic  Change
                    shall take place.

3. ISSUE TAX. The issuance of  certificates  for shares of Common Stock upon the
exercise of the Class B Warrant  shall be made  without  charge to the Holder of
the Class B Warrant for any issue tax (other than any  applicable  income taxes)
in respect thereof; provided, however, that the Company shall not be required to
pay any tax which may be  payable in respect  of any  transfer  involved  in the
issuance and delivery of any  certificate  in a name other than that of the then
Holder of the Class B Warrant being exercised.

4.  CLOSING  OF BOOKS.  The  Company  will at no time close its  transfer  books
against the transfer of any warrant or of any shares of stock issued or issuable
upon the exercise of any warrant in any manner which  interferes with the timely
exercise of this Class B Warrant.

5. NO VOTING OR DIVIDEND RIGHTS;  LIMITATION OF LIABILITY.  Nothing contained in
this Class B Warrant shall be construed as conferring upon the Holder hereof the
right to vote as a shareholder of the Company. No dividends or interest shall be
payable or accrued in respect of this Class B Warrant,  the interest represented
hereby, or the shares purchasable  hereunder until, and only to the extent that,

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this Class B Warrant shall have been  exercised,  subject to the Holder's rights
under  Section 2 of this  Class B  Warrant.  The  Holder of this Class B Warrant
shall  receive all notices as if a  shareholder  of the Company.  No  provisions
hereof, in the absence of affirmative action by the Holder to purchase shares of
Common Stock, and no mere enumeration  herein of the rights or privileges of the
Holder hereof,  shall give rise to any liability of such Holder for the Exercise
Price or as a shareholder of the Company,  whether such liability is asserted by
the Company or by its creditors.

6.  RIGHTS  AND  OBLIGATIONS  SURVIVE  EXERCISE  OF  WARRANT.   The  rights  and
obligations  of the  Company,  of the Holder of this Class B Warrant  and of the
holder of shares of Common Stock  issued upon  exercise of this Class B Warrant,
shall survive the exercise of this Class B Warrant.

7. FURTHER REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY.

     7.1  ARTICLES  AND BYLAWS.  The Company has made  available to Holder true,
          complete  and  correct  copies of the Company  Charter and Bylaws,  as
          amended, through the date hereof.

     7.2  DUE AUTHORITY. The execution and delivery by the Company of this Class
          B  Warrant  and the  performance  of all  obligations  of the  Company
          hereunder,  including  the  issuance to Holder of the right to acquire
          the shares of Common Stock, have been duly authorized by all necessary
          corporate  action on the part of the Company,  and the Class B Warrant
          is not inconsistent with the Company Charter or Bylaws and constitutes
          a legal,  valid and binding  agreement of the Company,  enforceable in
          accordance with its terms.

     7.3  CONSENTS AND  APPROVALS.  No consent or approval of,  giving of notice
          to, registration with, or taking of any other action in respect of any
          state,  federal or other governmental  authority or agency is required
          with respect to the execution, delivery and performance by the Company
          of its obligations  under this Class B Warrant,  except for any filing
          required by applicable federal and state securities laws, which filing
          will be effective by the time required thereby.

     7.4  ISSUED SECURITIES.  All issued and outstanding shares of capital stock
          of the Company have been duly  authorized  and validly  issued and are
          fully paid and nonassessable.  All outstanding shares of capital stock
          were issued in full compliance  with all federal and state  securities
          laws.

     7.5  EXEMPT   TRANSACTION.   Subject  to  the   accuracy   of  the  Holders
          representations  in Section 8 hereof, the issuance of the Common Stock
          upon  exercise of this Class B Warrant will  constitute a  transaction
          exempt  from (i) the  registration  requirements  of  Section 5 of the
          Securities  Act of 1933,  as amended  ("1933  ACT"),  in reliance upon

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          Section  4(2)  thereof,   or  upon  the  applicable   exemption  under
          Regulation  D,  and  (ii)  the   qualification   requirements  of  the
          applicable state securities laws.

     7.6  COMPLIANCE  WITH RULE 144. At the written  request of the Holder,  who
          proposes to sell Common Stock  issuable upon the exercise of the Class
          B Warrant in compliance  with Rule 144  promulgated  by the Securities
          and  Exchange  Commission,  the Company  shall  furnish to the Holder,
          within  five  (5)  days  after  receipt  of such  request,  a  written
          statement   confirming  the  Company's   compliance  with  the  filing
          requirements of the Securities and Exchange Commission as set forth in
          such Rule, as such Rule may be amended from time to time.

     7.7  REGISTRATION.  The  shares of Common  Stock  underlying  this  Class B
          Warrant are subject to a Registration Rights Agreement dated as of the
          date hereof between the Company and the Holder, the terms of which are
          incorporated by reference herein.

8. REPRESENTATIONS AND COVENANTS OF THE HOLDER.

     8.1  This Class B Warrant has been  entered into by the Company in reliance
          upon the following representations and covenants of the Holder:

          8.1.1INVESTMENT  PURPOSE.  The Class B  Warrant  or the  Common  Stock
               issuable  upon  exercise of the Class B Warrant  will be acquired
               for investment and not with a view to the sale or distribution of
               any part  thereof,  and the Holder has no  present  intention  of
               selling or engaging in any public distribution of the same except
               pursuant to a registration or exemption.

          8.1.2PRIVATE  ISSUE.  a) The Holder  understands  (i) that the Class B
               Warrant and the Common Stock issuable upon exercise of this Class
               B Warrant  are not  registered  under  the 1933 Act or  qualified
               under  applicable  state  securities  laws on the ground that the
               issuance contemplated by this Class B Warrant will be exempt from
               the registration and  qualifications  requirements  thereof,  and
               (ii) that the Company's  reliance on such exemption is predicated
               on the representations set forth in this Section 8.

               b) The Company will file a  Registration  Statement  covering the
               shares underlying the warrants at or before exercise date.

          8.1.3DISPOSITION OF HOLDERS  RIGHTS.  In no event will the Holder make
               a disposition of the Class B Warrant or the Common Stock issuable
               upon  exercise  of the  Class B Warrant  unless  and until (i) it
               shall have notified the Company of the proposed disposition,  and
               (ii) if  requested by the Company,  it shall have  furnished  the
               Company with an opinion of counsel  (which  counsel may either be
               inside or outside  counsel  to the  Holder)  satisfactory  to the

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               Company and its counsel to the effect that (A) appropriate action
               necessary for compliance with the 1933 Act has been taken, or (B)
               an exemption from the  registration  requirements of the 1933 Act
               is available.  Notwithstanding  the foregoing,  the  restrictions
               imposed upon the  transferability of any of its rights to acquire
               Common Stock issuable on the exercise of such rights do not apply
               to   transfers   from  the   beneficial   owner  of  any  of  the
               aforementioned  securities to its nominee or from such nominee to
               its beneficial  owner,  and shall  terminate as to any particular
               share of stock when (1) such security shall have been effectively
               registered  under the 1933 Act and sold by the Holder  thereof in
               accordance with such registration or (2) such security shall have
               been sold without  registration in compliance with Rule 144 under
               the 1933  Act,  or (3) a letter  shall  have  been  issued to the
               Holder at its request by the staff of the Securities and Exchange
               Commission  or a ruling  shall have been  issued to the Holder at
               its request by such  Commission  stating  that no action shall be
               recommended  by such  staff or taken by such  Commission,  as the
               case may be, if such security is transferred without registration
               under the 1933 Act in accordance with the conditions set forth in
               such letter or ruling and such letter or ruling specifies that no
               subsequent  restrictions  on transfer are required.  Whenever the
               restrictions  imposed  hereunder shall terminate,  as hereinabove
               provided,  the  Holder  or  holder  of  a  share  of  stock  then
               outstanding as to which such  restrictions  have terminated shall
               be entitled to receive from the Company,  without expense to such
               Holder,  one or more new  certificates for the Class B Warrant or
               for such shares of stock not bearing any restrictive legend.

          8.1.4FINANCIAL  RISK.  The Holder has such knowledge and experience in
               financial and business matters as to be capable of evaluating the
               merits and risks of its  investment,  and has the ability to bear
               the economic risks of its investment.

          8.1.5RISK  OF NO  REGISTRATION.  The  Holder  understands  that if the
               Company  does not file reports  pursuant to Section  15(d) and/or
               Section  12(g),  of the  Securities  Exchange  Act of 1934 ("1934
               ACT"),  or if a  registration  statement  covering the securities
               under the 1933 Act is not in effect  when it  desires to sell (i)
               the Class B  Warrant,  or (ii) the  Common  Stock  issuable  upon
               exercise of the Class B Warrant,  it may be required to hold such
               securities for an indefinite  period. The Holder also understands
               that any sale of the Class B Warrant or the Common Stock issuable
               upon exercise of the Class B Warrant which might be made by it in
               reliance  upon  Rule 144  under  the 1933 Act may be made only in
               accordance with the terms and conditions of that Rule.

                                       10
<PAGE>

          8.1.6ACCREDITED  INVESTOR.  The  Holder  is an  "accredited  investor"
               within the meaning of  Regulation  D  promulgated  under the 1933
               Act.

9. MODIFICATION AND WAIVER. This Class B Warrant and any provision hereof may be
changed,  waived,  discharged  or  terminated  only by an  instrument in writing
signed by (a) the party against which  enforcement  of the same is sought or (b)
the  Company and the holders of at least a majority of the number of shares into
which the Class B Warrants are  exercisable  (without  regard to any  limitation
contained  herein  on  such  exercise),   it  being  understood  that  upon  the
satisfaction  of the  conditions  described  in (a) and (b) above,  each Class B
Warrant  (including  any Class B Warrant  held by the Holder who did not execute
the  agreement  specified  in (b)  above)  shall be  deemed to  incorporate  any
amendment,  modification,  change or waiver effected thereby as of the effective
date thereof.  Notwithstanding the foregoing,  no modification to this Section 9
will be effective against any Holder without his consent.

10.  TRANSFER OF THIS CLASS B WARRANT.  The Holder may sell,  transfer,  assign,
pledge or  otherwise  dispose of this Class B Warrant,  in whole or in part,  as
long as  such  sale or  other  disposition  is  made  pursuant  to an  effective
registration statement or an exemption from the registration requirements of the
Securities Act. Upon such transfer or other  disposition  (other than a pledge),
the Holder shall  deliver this  Warrant to the Company  together  with a written
notice to the Company, substantially in the form of the Transfer Notice attached
hereto as Exhibit B (the "TRANSFER NOTICE"), indicating the person or persons to
whom this Class B Warrant  shall be  transferred  and,  if less than all of this
Class B Warrant is  transferred,  the number of Warrant  Shares to be covered by
the part of this Class B Warrant to be transferred  to each such person.  Within
three (3) Business Days of receiving a Transfer  Notice and the original of this
Class B Warrant, the Company shall deliver to the each transferee  designated by
the  Holder a Class B  Warrant(s)  of like  tenor and terms for the  appropriate
number  of  Warrant  Shares  and,  if less  than all  this  Class B  Warrant  is
transferred,  shall  deliver to the Holder a Class B Warrant  for the  remaining
number of Warrant Shares.

11.  NOTICES.  Any notice  required  or  permitted  hereunder  shall be given in
writing  (unless  otherwise  specified  herein) and shall be deemed  effectively
given upon (i) personal delivery, against written receipt thereof, (ii) delivery
via facsimile or e-mail as set forth below (iii) two business days after deposit
with Federal Express or another nationally recognized overnight courier service,
or (iv) five business days after being forwarded, postage paid, via certified or
registered  mail,  return  receipt  requested,  addressed  to each of the  other
parties  thereunto  entitled  at  the  following  addresses,  or at  such  other
addresses as a party may designate by ten days advance written notice.

12.  BINDING EFFECT ON  SUCCESSORS;  BENEFIT.  As provided in Section 2.3 above,
this  Class B Warrant  shall be  binding  upon any  corporation  succeeding  the
Company by merger,  consolidation or acquisition of all or substantially  all of
the Company's  assets.  All of the  obligations  of the Company  relating to the
Common Stock  issuable  upon the exercise of this Class B Warrant  shall survive
the exercise and  termination of this Class B Warrant.  All of the covenants and
agreements  of the  Company  shall inure to the  benefit of the  successors  and

                                       11
<PAGE>

assigns of the Holder  hereof.  This Series A Warrant  shall be for the sole and
exclusive  benefit of the Holder and nothing in this  Series A Warrant  shall be
construed to confer upon any person other than the Holder any legal or equitable
right, remedy or claim hereunder.

13.  DESCRIPTIVE  HEADINGS AND GOVERNING  LAW. The  description  headings of the
several  sections  and  paragraphs  of this  Class B Warrant  are  inserted  for
convenience  only and do not  constitute  a part of this Class B  Warrant.  This
Class B Warrant  shall be construed  and enforced in  accordance  with,  and the
rights of the parties shall be governed by the laws of the State of Colorado.

14. LOST WARRANTS. The Company represents and warrants to the Holder hereof that
upon  receipt of evidence  reasonably  satisfactory  to the Company of the loss,
theft,  destruction,  or  mutilation of this Class B Warrant and, in the case of
any such loss,  theft or  destruction,  upon receipt of an indemnity  reasonably
satisfactory  to  the  Company,  or in the  case  of any  such  mutilation  upon
surrender and cancellation of such Class B Warrant, the Company, at its expense,
will make and deliver a new Class B Warrant, of like tenor, in lieu of the lost,
stolen, destroyed or mutilated Class B Warrant.

15.  FRACTIONAL  SHARES.  No fractional  shares shall be issued upon exercise of
this Class B Warrant.  The  Company  shall,  in lieu of issuing  any  fractional
share,  pay the  Holder  entitled  to such  fraction a sum in cash equal to such
fraction multiplied by the then effective Exercise Price.

16.  REDEMPTION.  This Class B Warrant may be called for redemption and redeemed
at the option of the Company, at a redemption price of $.50 per Class B Warrant,
at any time between the  Effective  Date of the  Registration  Statement and the
Expiration  Date upon 10 day written notice  delivered to the Holder,  provided:
(a) the  Closing  Bid or last sales  price of the  Common  Stock  issuable  upon
exercise  of such Class B Warrant has been at least 175% of the  Exercise  Price
for twenty (20)  consecutive  trading  days ending not more than 3 days prior to
the  date of  notice  of  redemption;  (b)  there is an  effective  registration
statement  with a current  prospectus  available  covering  the shares of Common
Stock  issuable  upon  exercise  of this  Class  B  Warrant;  and (c) no  public
announcement  of a pending or proposed  Organic Change has occurred that has not
been consummated. If any of the foregoing conditions shall cease to be satisfied
at any time during the required period, then the Holder may elect to nullify the
Redemption Notice in which case the Redemption Notice shall be null and void, ab
initio.  On and after the date fixed for  redemption,  the Holder  shall have no
rights with respect to this Class B Warrant except to receive the $.50 per Class
B Warrant  upon  surrender  of this  Certificate.  All Class B Warrants  must be
redeemed  if any are  redeemed.  The Company  covenants  and agrees that it will
honor all  Exercise  Notices  tendered  through  the  Business  Day  immediately
preceding the Redemption  Date. The redemption  payment shall be made in cash on
date fixed for redemption in the Company's  notice of  redemption,  as described
below (the  "Redemption  Date").  The  redemption  payment is due in full on the
Redemption Date.

                                       12
<PAGE>

         The notice of redemption shall specify:  (i) the Redemption Price; (ii)
the date fixed for redemption  (the  "REDEMPTION  DATE");  (iii) the place where
Class B Warrant  Certificates  shall be delivered and the redemption price paid;
and (iv) that the right to exercise the Class B Warrants shall terminate at 5:00
p.m. EST on the Business Day  immediately  preceding  the  Redemption  Date.  An
affidavit of the Secretary or an Assistant  Secretary of the Company that notice
of  redemption  has been mailed  shall,  in the absence of fraud,  be conclusive
evidence of the facts stated therein.

         From and after the Redemption  Date,  the Company  shall,  at the place
specified in the notice of redemption,  upon  presentation  and surrender to the
Company by or on behalf of the Holder  thereof of this Class B Warrant,  deliver
or cause to be  delivered  to or upon the written  order of such holder a sum of
cash equal to the Redemption Price of each such Class B Warrant.  From and after
the  Redemption  Date and upon the deposit or setting  aside by the Company of a
sum sufficient to redeem all the Class B Warrants  called for  redemption,  such
Class B Warrants shall expire and become void and all rights hereunder and shall
cease, except the right, if any, to receive payment of the Redemption Price.

         IN WITNESS  WHEREOF,  the Company  has caused  this  Warrant to be duly
executed by its officers,  thereunto duly  authorized this [ ] day of _________,
200__.

                                  Tombstone Cards, Inc.

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

                                       13
<PAGE>

                                   SCHEDULE A

                                SUBSCRIPTION FORM

Date:  _________________, _______

Tombstone Cards, Inc. - Attn:  President

Ladies and Gentlemen:

         The undersigned hereby elects to exercise the Class B Warrant issued to
it by Tombstone Cards, Inc.  ("COMPANY") and dated ______ ___ ____,  ("WARRANT")
and to  purchase  thereunder  __________________________________  shares  of the
Common  Stock of the  Company  ("SHARES")  at a purchase  price of five  dollars
($5.00)  per  Share  or  an  aggregate  purchase  price  of   __________________
________________ Dollars ($__________) ("EXERCISE PRICE").

         Pursuant to the terms of the Warrant, the undersigned has delivered the
Exercise Price herewith in full in cash or by certified check or wire transfer.

                                                     Very truly yours,

<PAGE>

                                   ASSIGNMENT

                          To Be Executed by the Holder
                           in Order to Assign Warrants

FOR   VALUE   RECEIVED,   ______________________________________________________
hereby sells, assigns and transfers unto

                     PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER

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

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

                     --------------------------------------
                     [please print or type name and address]

_____________________of the Class B Warrants represented by this Class B Warrant
Certificate,     and    hereby    irrevocably     constitutes    and    appoints
_________________________________________  Attorney  to  transfer  this  Class B
Warrant Certificate on the books of the Company, with full power of substitution
in the premises.

Dated:                                        x
       -----------------------------          ---------------------------------
                                                    Signature Guaranteed

THE SIGNATURE TO THE ASSIGNMENT OR THE SUBSCRIPTION  FORM MUST CORRESPOND TO THE
NAME AS  WRITTEN  UPON THE FACE OF THIS  CLASS A  WARRANT  CERTIFICATE  IN EVERY
PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST
BE  GUARANTEED  BY A  COMMERCIAL  BANK OR TRUST  COMPANY OR A MEMBER FIRM OF THE
AMERICAN  STOCK  EXCHANGE,  NEW YORK STOCK  EXCHANGE,  PACIFIC STOCK EXCHANGE OR
MIDWEST STOCK EXCHANGE.Exhibit 10.3

NEITHER THIS WARRANT NOR THE SHARES OF COMMON STOCK UNDERLYING THIS WARRANT WERE
ISSUED IN A REGISTERED TRANSACTION UNDER THE SECURITIES ACT OF 1933 (AS AMENDED,
THE "SECURITIES  ACT").  THE SECURITIES  EVIDENCED HEREBY MAY NOT BE TRANSFERRED
WITHOUT (1) AN OPINION OF COUNSEL  SATISFACTORY TO THE ISSUER THAT SUCH TRANSFER
MAY BE LAWFULLY  MADE  WITHOUT  REGISTRATION  UNDER THE  SECURITIES  ACT AND ALL
APPLICABLE STATE SECURITIES LAW; OR (II) SUCH REGISTRATION.

                   WARRANT TO PURCHASE SHARES OF COMMON STOCK

                              TOMBSTONE CARDS, INC.

THIS WARRANT TO PURCHASE SHARES OF COMMON STOCK ("WARRANT")  CERTIFIES THAT, for
value  received,  Capital  Merchant  Banc,  LLC, an Illinois  limited  liability
company,  660 N. Bradley Road, Lake Forest, IL 60045,  Attn: Joe Kurczodyna (the
"Holder"),  is entitled to subscribe for and purchase from Tombstone Cards, Inc.
(the  "Company"),  a corporation  organized  and existing  under the laws of the
State of Colorado,  at the Warrant  Exercise  Price  specified  below during the
exercise  period  up to and  including  August  31,  2009 Six  Hundred  Thousand
(600,000)  fully paid and  nonassessable  shares of Common  Stock of the Company
(the "Common Stock")  pursuant to the Consulting  Agreement  between the parties
dated concurrently herewith and adjustment as noted below.

         The exercise  price of this  Warrant  (subject to  adjustment  as noted
below)  shall be  fifty-five  cents  ($0.55)  per share (The  "Warrant  Exercise
Price").  These  Warrants  may not be assigned  in whole or in part  without the
express written consent of the Company, which will not be unreasonably withheld,
assuming that all State and Federal  securities  laws have been complied with to
the satisfaction of the Company's counsel.

         This  Warrant  is  subject  to the  following  provisions,  terms,  and
conditions:

1.  CASHLESS  EXERCISE.  At the sole  discretion  of the  Company,  upon written
request,  the Holder may elect to surrender this Warrant or any portion  thereof
for the purchase of shares of Common Stock,  the aggregate value of which shares
shall be equal to the amount by which the fair  market  value per share  exceeds
the Warrant Exercise Price per share times the number of Warrants surrendered (a
"Cashless Exercise").  To exercise this Warrant by Cashless Exercise, the Holder
shall  surrender  this Warrant at the principal  office of the Company  together
with  notice  of  the  Holder's  intention  to  utilize  the  Cashless  Exercise
procedure,  in which event the  Company  shall issue to the Holder the number of
shares of the Company's Common Stock computed using the following formula:

<PAGE>

                                  X = PY (A-B)
                                        A

                  Where:

                    X=   The  number of  shares of Common  Stock to be issued to
                         the Holder.

                    P=   The percentage of this Warrant being exercised.

                    Y=   The number of shares purchasable under this Warrant.

                    A=   The fair market  value of one share of the  Company's
                         Common  Stock,   as  quoted  on  the   over-the-counter
                         bulletin  board,  or its  successor,  at the  close  of
                         trading on the last trading day  preceding  the date of
                         exercise; or if not so quoted, at a price determined by
                         a reputable  investment  banker  selected by Holder and
                         reasonably acceptable to the Company.

                    B=   Exercise Price.

2. REPRESENTATIONS AND WARRANTIES. The Company represents and warrants that:

         (a) the Company has all requisite power and authority to execute, issue
and perform this Warrant and to issue the Common Stock;

         (b) this Warrant has been duly  authorized by all  necessary  corporate
action,  has been  duly  executed  and  delivered,  and is a legal  and  binding
obligation of the Company;

         (c) all  shares  which may be issued  upon the  exercise  of the rights
represented by this Warrant  according to the terms hereof or represented by the
Common Stock will, upon issuance, be duly authorized and issued, fully paid, and
nonassessable; and

         (d) during  the period  within  which the  rights  represented  by this
Warrant may be  exercised,  the Company will at all times have  authorized,  and
reserved for the purpose of issue or transfer upon exercise of the  subscription
rights  evidenced by this Warrant,  a sufficient  number of shares of its Common
Stock to provide for the exercise of the rights represented by this Warrant.

<PAGE>

3. ADJUSTMENTS.

         (a) In case the Company shall

                  (i) declare a dividend upon the Common Stock payable in Common
         Stock (other than a dividend  declared to effect a  subdivision  of the
         outstanding  shares of Common Stock, as described in  subparagraph  (b)
         below) or any  obligations  or any shares of stock of the Company which
         are convertible into or exchangeable for Common Stock (such obligations
         or  shares  of stock  being  hereinafter  referred  to as  "Convertible
         Securities"),  or in any rights or options to purchase any Common Stock
         or Convertible Securities, or

                  (ii) declare any other dividend or make any other distribution
         upon the Common Stock payable  otherwise than out of earnings or earned
         surplus,

then  thereafter  the holder of this Warrant  upon the  exercise  hereof will be
entitled  to receive  the number of shares of Common  Stock to which such holder
shall be entitled  upon such  exercise,  and, in  addition  and without  further
payment therefor, such number of shares of Common Stock, such that upon exercise
hereof,  such holder  would  receive as a result of each  dividend  described in
clause (i) above and each  dividend  or  distribution  described  in clause (ii)
above  which such  holder  would have  received  by way of any such  dividend or
distribution  if,  continuously  since the record date for any such  dividend or
distribution, such holder (x) had been the record holder of the number of shares
of  Common  Stock  then  received,   and  (y)  had  retained  all  dividends  or
distributions  in stock or  securities  (including  Common Stock or  Convertible
Securities,  or in any  rights  or  options  to  purchase  any  Common  Stock or
Convertible Securities) payable in respect of such Common Stock or in respect of
any stock or  securities  paid as dividends  or  distributions  and  originating
directly  or  indirectly  from  such  Common  Stock.  For  the  purposes  of the
foregoing,  a dividend or  distribution  other than in cash shall be  considered
payable  out of earnings  or surplus  only to the extent  that such  earnings or
surplus  are  charged  an amount  equal to the fair  value of such  dividend  as
determined by the Board of Directors of the Company.

         (b) In case the Company  shall at any time  subdivide  its  outstanding
shares of Common  Stock into a greater  number of  shares,  the number of shares
subject  to  this  Warrant  immediately  prior  to  such  subdivision  shall  be
proportionately  increased,  and conversely,  in case the outstanding  shares of
Common Stock of the Company shall be combined  into a smaller  number of shares,
the  number  of  shares  subject  to  this  Warrant  immediately  prior  to such
combination shall be proportionately reduced.

         (c) If any capital  reorganization or  reclassification  of the capital
stock of the  Company,  consolidation  or merger  of the  Company  with  another
corporation,  or the sale of all or  substantially  all of its assets to another
corporation  shall be effected in such a way that  holders of Common Stock shall
be  entitled  to receive  stock,  securities,  or assets  with  respect to or in
exchange  for  Common  Stock,  then,  as a  condition  of  such  reorganization,
reclassification,  consolidation, merger, or sale, lawful and adequate provision
shall be made  whereby  the holder  hereof  shall  thereafter  have the right to
purchase and receive, upon the basis and upon the terms and conditions specified
in this  Warrant  and in lieu of the shares of the Common  Stock of the  Company
immediately  theretofore  purchasable  and  receivable  upon the exercise of the

<PAGE>

rights represented hereby, such shares of stock,  securities or assets as may be
issued or payable  with  respect to or in exchange  for a number of  outstanding
shares  of such  Common  Stock  equal to the  number  of  shares  of such  stock
immediately  theretofore  purchasable  and  receivable  upon the exercise of the
rights   represented   hereby   had   such   reorganization,   reclassification,
consolidation, merger, or sale not taken place, and in any such case appropriate
provision  shall be made with respect to the rights and  interests of the holder
of this  Warrant  to the end  that  the  provisions  hereof  (including  without
limitation  provisions for adjustments of the Warrant  Exercise Price and of the
number of shares purchasable upon the exercise of this Warrant) shall thereafter
be  applicable,  as  nearly  as may be,  in  relation  to any  shares  of stock,
securities, or assets thereafter deliverable upon the exercise hereof.

         (d) If the Company  issues or grants any rights or options to subscribe
for or to purchase  shares of Common  Stock at a price per share of Common Stock
less than both of (I) the  Warrant  Exercise  Price,  and (II) the  then-current
Market Price (as defined below) per share of Common Stock, then the total number
of shares of Common  Stock  issuable  upon  exercise  of this  Warrant  shall be
increased by an amount  determined  by  multiplying  (I) the number of shares of
Common Stock for which this  Warrant is  exercisable  immediately  prior to such
adjustment by (II) an amount  determined by dividing (i) the number of shares of
Common Stock  underlying the rights or options giving rise to such adjustment by
(ii) the total number of shares of Common Stock then outstanding.

         (e) Upon each adjustment in the number of shares the Holder is entitled
to purchase upon exercise of this Warrant,  the Warrant Exercise Price hereunder
shall be  appropriately  adjusted  such  that the  Holder  shall  hold  Warrants
entitling  Holder  to  purchase  the  number of  shares  as so  adjusted  for an
aggregate  Warrant Exercise Price equal to the aggregate  Warrant Exercise Price
in effect immediately prior to such adjustment.

         (f) In case any time:

                  (i) any of the adjustments required by 3(a) through (e) occur;

                  (ii) the  Company  shall  make any  distribution  (other  than
         regular cash dividends) to the holders of its capital stock;

                  (iii) the Company shall offer for subscription pro rata to the
         holders  of its  capital  stock any  additional  shares of stock of any
         class or other rights; or

                  (iv) there shall be a voluntary  or  involuntary  dissolution,
         liquidation or winding up of the Company;

then, in any one or more of said cases,  the Company shall give written  notice,
by first-class mail, postage prepaid, addressed to the registered holder of this
Warrant at the address of such holder as shown on the books of the  Company,  of
the date on which (x) the books of the Company  shall close or a record shall be
taken for such dividend,  subdivision,  distribution, or subscription rights, or

<PAGE>

(y)  such  reorganization,   reclassification,   consolidation,   merger,  sale,
dissolution,  liquidation or winding up, or conversion or redemption  shall take
place,  as the case may be. Such notice  shall also specify the date as of which
the  holders of capital  stock of record  shall  participate  in such  dividend,
distribution,  or  subscription  rights,  or shall be entitled to exchange their
capital  stock  for   securities  or  other  property   deliverable   upon  such
reorganization,  reclassification,  consolidation,  merger,  sale,  dissolution,
liquidation or winding up, or conversion or redemption, as the case may be. Such
written  notice  shall be given at least  ten (10) days  prior to the  action in
question and not less than ten (10) days prior to the record date or the date on
which the Company's transfer books are closed in respect thereto.

         (g) No  fractional  shares of  Common  Stock  shall be issued  upon the
exercise of this  Warrant,  but,  instead of any fraction of a share which would
otherwise be issuable,  the Company  shall pay a cash  adjustment  (which may be
effected as a reduction of the amount to be paid by the holder  hereof upon such
exercise) in respect of such fraction in an amount equal to the same fraction of
the Market  Price per share of Common  Stock as of the close of  business on the
date of the notice  required by Section 3(e).  "Market Price" shall mean, if the
Common Stock is traded on a  securities  exchange or on the NASDAQ  System,  the
average of the closing prices of the Common Stock on such exchange or the NASDAQ
System on the twenty  (20)  trading  days ending on the trading day prior to the
date of  determination,  or,  if the  Common  Stock is  otherwise  traded in the
over-the-counter  market,  the  average of the  closing bid prices on the twenty
(20) trading days ending on the trading day prior to the date of  determination.
If at any time the  Common  Stock is not  traded on an  exchange  or the  NASDAQ
System,  or otherwise traded in the  over-the-counter  market,  the Market Price
shall be deemed to be the higher of

                  (i) the  book  value  thereof  as  determined  by any  firm of
         independent public  accountants of recognized  standing selected by the
         Board of  Directors  of the  Company  as of the  last day of any  month
         ending  within  sixty  (60)  days  preceding  the date as of which  the
         determination is to be made, or

                  (ii) the fair value  thereof  determined  in good faith by the
         Board of Directors of the Company as of a date which is within  fifteen
         (15) days of the date as of which the determination is to be made.

4. NO VOTING  RIGHTS.  This Warrant  shall not entitle the Holder  hereof to any
voting rights or other rights as a stockholder of the Company.

5. RESTRICTIONS ON TRANSFER.  This Warrant and the shares of Common Stock issued
or issuable  through the  exercise of this Warrant are  "restricted  securities"
under  the  Securities  Act of 1933  (the  "Securities  Act")  and the rules and
regulations promulgated thereunder and may not be sold, transferred, pledged, or
hypothecated  without such transaction being registered under the Securities Act
and applicable state laws or the availability of an exemption  therefrom that is
established to the  satisfaction  of the Company;  a legend to this effect shall
appear on this Warrant and, unless the issuance is a registered transaction,  on
all shares of Common Stock issued upon the exercise  hereof.  The holder of this
Warrant,  by  acceptance  hereof,  agrees to give written  notice to the Company
before  transferring  this Warrant or transferring  any Common Stock issuable or
issued upon the exercise hereof of such holder's  intention to do so, describing
briefly the manner of any  proposed  transfer of this  Warrant or such  holder's

<PAGE>

intention as to the disposition to be made of shares of Common Stock issuable or
issued upon the exercise  hereof.  Holder shall provide Company with any details
it requires to determine  whether an exemption from  registration  is available,
and if the  Company  deems it  necessary,  such  holder  shall also  provide the
Company  with an opinion of counsel  satisfactory  to the  Company to the effect
that the  proposed  transfer  of this  Warrant or  disposition  of shares may be
effected without  registration or qualification (under any federal or state law)
of this  Warrant  or the  shares of Common  Stock  issuable  or issued  upon the
exercise hereof. Upon receipt of such written notice and opinion by the Company,
such holder  shall be entitled to transfer  this  Warrant,  or to exercise  this
Warrant in  accordance  with its terms and dispose of the shares  received  upon
such exercise or to dispose of shares of Common Stock received upon the previous
exercise  of this  Warrant,  all in  accordance  with the  terms  of the  notice
delivered by such holder to the Company,  provided  that an  appropriate  legend
respecting  the  aforesaid  restrictions  on  transfer  and  disposition  may be
endorsed on this Warrant or the certificates for such shares.

6. TRANSFER PROCEDURES. Subject to the provisions of Section 5, this Warrant and
all rights  hereunder  are  transferable,  in whole or in part, at the principal
office of the  Company  by the  holder  hereof  in person or by duly  authorized
attorney,  upon  surrender of this  Warrant  properly  endorsed.  Each taker and
holder of this Warrant,  by taking or holding the same, consents and agrees that
the bearer of this Warrant, when endorsed, may be treated by the Company and all
other  persons  dealing with this  Warrant as the absolute  owner hereof for any
purpose and as the person  entitled to exercise the rights  represented  by this
Warrant,  or to the transfer  hereof on the books of the Company,  any notice to
the contrary notwithstanding; but until such transfer on such books, the Company
may treat the registered holder hereof as the owner for all purposes.

7. REGISTRATION RIGHTS.

         (a) If at any time the Company  proposes to register the sale of shares
of Common Stock  (whether for itself or any of its security  holders)  under the
Securities  Act  and the  registration  form  to be  used  may be  used  for the
registration of shares underlying this Warrant (a "Piggyback Registration"), the
Company  shall give  prompt  written  notice to the Holder of its  intention  to
effect such a registration and, subject to Section 7(b) below,  shall include in
such  registration  all shares of Common  Stock  underlying  this  Warrant  with
respect to which the Company has received Holder's written request for inclusion
in such  registration,  provided  that such  request must be received by Company
within  20  days  after  the  date  of  the  Company's  notice  to  Holder.  The
Registration  Expenses  in all  Piggyback  Registrations  shall  be  paid by the
Company.

         (b) If a Piggyback Registration is an underwritten primary registration
on behalf of the Company or a successor,  and the managing  underwriters  advise
the  Company in  writing  that in their  opinion  the number of shares of Common
Stock requested to be included in such registration exceeds the number which can
be sold in such offering without  adversely  affecting the  marketability of the
offering, the Company shall exclude from such registrations the excess amount of
shares of Common Stock,  and shall include in such  registration  (i) first, the
securities  the Company  proposes to sell;  (ii) second,  shares of Common Stock

<PAGE>

requested to be included in such  registration  by the holders of all securities
of the Company  having  registration  rights,  prorata  among the owners of such
securities  on the basis of the number of shares of Common  Stock or  equivalent
shares of  Common  Stock  owned by each  such  owner,  and  (iii)  third,  other
securities  requested  to be included  in such  registration,  in the  Company's
discretion.

         (c) Whenever the Holder has  requested  that any shares of Common Stock
underlying  this Warrant be  registered  pursuant to this Section 7, the Company
shall use its best  efforts  to  effect  the  registration  and the sale of such
shares in  accordance  with the  intended  method of  disposition  thereof,  and
pursuant thereto the Company shall as expeditiously as possible:

                  (i)   notify  the   Holder  of  the   effectiveness   of  each
         registration  statement  filed  hereunder and prepare and file with the
         Securities and Exchange  Commission  such amendments and supplements to
         such  registration  statement  and the  prospectus  used in  connection
         therewith  as may be  necessary  to keep  such  registration  statement
         effective  for a period of not less than 180 days and  comply  with the
         provisions of the Securities Act with respect to the disposition of all
         securities covered by such registration statement during such period in
         accordance  with the  intended  methods of  disposition  by the sellers
         thereof set forth in such registration statement;

                  (ii)  furnish  the  Holder  such  number  of  copies  of  such
         registration  statement,  each  amendment and supplement  thereto,  the
         prospectus  included in such  registration  statement  (including  each
         preliminary  prospectus)  and such other  documents  as such seller may
         reasonably request in order to facilitate the disposition of the shares
         of Common Stock underlying this Warrant;

                  (iii) use its best  efforts to  register or qualify the shares
         of Common Stock  underlying this Warrant under such other securities or
         blue sky laws of such  jurisdictions as Holder reasonably  requests and
         do any and all other acts and things which may be reasonably  necessary
         or advisable to enable Holder to  consummate  the  disposition  in such
         jurisdictions  of the shares of Common  Stock  underlying  this Warrant
         (provided  that  the  Company  shall  not be  required  to (A)  qualify
         generally  to do  business  in any  jurisdiction  where  it  would  not
         otherwise be required to qualify but for this  subsection,  (B) subject
         itself to taxation in any such  jurisdiction  or (C) consent to general
         service of process in any such jurisdiction);

                  (iv) notify  Holder,  at any time when a  prospectus  relating
         thereto is required to be delivered  under the  Securities  Act, of the
         happening of any event as a result of which the prospectus  included in
         such registration  statement contains an untrue statement of a material
         fact or omits any fact  necessary  to make the  statements  therein not

<PAGE>

         misleading,  whereupon  Holder shall cease  distributing  any shares of
         Common Stock until, at the request of Holder, the Company shall prepare
         a supplement  or amendment to such  prospectus  so that,  as thereafter
         delivered  to the  purchasers  of such  shares  of Common  Stock,  such
         prospectus  shall not contain an untrue statement of a material fact or
         omit to state any fact  necessary  to make the  statements  therein not
         misleading; and

                  (v) use its best efforts to comply with all  applicable  rules
         and regulations of the Securities and Exchange  Commission,  and in the
         event of the issuance of any stop order suspending the effectiveness of
         a registration  statement, or of any order suspending or preventing the
         use of any related  prospectus or suspending the  qualification  of any
         equity securities  included in such registration  statement for sale in
         any  jurisdiction,  the Company shall use its best efforts  promptly to
         obtain the withdrawal of such order.

         (d) All expenses incident to the Company's performance of or compliance
with this Section 7, including  without  limitation all  registration and filing
fees,  fees and expenses of compliance  with  securities or blue sky laws,  NASD
fees,   printing   expenses,   messenger  and  delivery   expenses,   fees  arid
disbursements  of  custodians,  and fees and  disbursements  of counsel  for the
Company and all independent  certified public accountants,  fees (up to $5,000),
and  disbursements  of one  counsel  for  the  Holder,  underwriters  (excluding
discounts and  commissions)  and other persons retained by the Company (all such
expenses  being herein called  "Registration  Expenses"),  shall be borne by the
Company as provided in this Section 7.

         (e) The Company  agrees to indemnify,  to the extent  permitted by law,
Holder,  its officers and directors and each person who controls  Holder (within
the  meaning  of the  Securities  Act)  against  all  losses,  claims,  damages,
liabilities  and expenses  caused by any untrue or alleged  untrue  statement of
material  fact  contained in any  registration  statement  filed by the Company,
prospectus  prepared by the Company or  preliminary  prospectus or any amendment
thereof or supplement  thereto or any omission or alleged omission of a material
fact required to be stated therein or necessary to make the  statements  therein
not  misleading,  except  insofar as the same are caused by or  contained in any
information  furnished  in writing to the  Company by Holder  expressly  for use
therein or by Holder's failure to deliver a copy of the  registration  statement
or prospectus or any  amendments  or  supplements  thereto after the Company has
furnished  Holder with a sufficient  number of copies of the same. In connection
with an underwritten  offering,  the Company shall indemnify such  underwriters,
their  officers and  directors  and each person who controls  such  underwriters
(within  the  meaning  of the  Securities  Act) to at least  the same  extent as
provided above with respect to the  indemnification  of the Holder issued by the
Company.

         (f) In connection  with any  registration  statement in which Holder is
participating,  each  Holder  shall  furnish  to the  Company  in  writing  such
information  and  affidavits  as the  Company  reasonably  requests  for  use in
connection with any such registration statement or prospectus and, to the extent
permitted by law,  shall  indemnify the Company,  its directors and officers and

<PAGE>

each person who controls the Company  (within the meaning of the Securities Act)
against any losses, claims, damages, liabilities and expenses resulting from any
untrue  or  alleged   untrue   statement  of  material  fact  contained  in  the
registration  statement,  prospectus or preliminary  prospectus or any amendment
thereof or supplement  thereto or any omission or alleged omission of a material
fact required to be stated therein or necessary to make the  statements  therein
not misleading, but only to the extent that such untrue statement or omission is
contained in any information or affidavit so furnished in writing by Holder.

         (g) Any person entitled to  indemnification  under this Section 7 shall
(i) give  prompt  written  notice to the  indemnifying  party of any claim  with
respect to which it seeks  indemnification  (provided  that the  failure to give
prompt notice shall not impair any person's right to  indemnification  hereunder
to the extent such failure has not prejudiced the  indemnifying  party) and (ii)
unless in such indemnified  party's  reasonable  judgment a conflict of interest
between such indemnified and indemnifying parties may exist with respect to such
claim,  permit such indemnifying  party to assume the defense of such claim with
counsel  reasonably  satisfactory to the  indemnified  party. If such defense is
assumed,  the  indemnifying  party shall not be subject to any liability for any
settlement  made by the indemnified  party without its consent.  An indemnifying
party who is not  entitled  to, or elects not to,  assume the defense of a claim
shall not be obligated to pay the fees and expenses of more than one counsel for
all parties  indemnified by such indemnifying  party with respect to such claim,
unless  in the  reasonable  judgment  of any  indemnified  party a  conflict  of
interest  may  exist  between  such  indemnified  party  and any  other  of such
indemnified parties with respect to such claim.

         (h) The indemnification  provided for under this Section 7 shall remain
in full force and effect regardless of any investigation made by or on behalf of
the  indemnified  party or any officer,  director or controlling  person of such
indemnified  party and shall  survive the  transfer of  securities.  In order to
provide for  contribution  in any case in which  either (i) Holder makes a claim
for indemnification  pursuant to this Section 7 but it is judicially  determined
(by the entry of a final judgment or decree by a court of competent jurisdiction
and the  expiration of time to appeal or the denial of the last right of appeal)
that such  indemnification may not be enforced in such case  notwithstanding the
fact that this  Section 7 provides  for  indemnification  in such case,  or (ii)
contribution  under the  Securities Act may be required on the part of Holder in
circumstances for which  indemnification is provided under this Section 7; then,
in each such case,  the  Company  and Holder will  contribute  to the  aggregate
losses,  claims,  damages or liabilities which they would otherwise be obligated
to indemnify  under Sections 7(e) and 7(1) (after  contribution  from others) in
such proportions so that Holder is responsible for the portion of such aggregate
losses,  claims,  damages or liabilities  represented by the percentage that the
public offering price of its shares of Common Stock offered by the  registration
statement bears to the public  offering price of all securities  offered by such
registration  statement,  and the  Company  is  responsible  for  the  remaining
portion;  provided,  however,  that,  no person or entity  guilty of  fraudulent
misrepresentation,  within the meaning of Section 11(f) of the  Securities  Act,
shall be entitled to contribution from any person or entity who is not guilty of
such fraudulent misrepresentation.

         (i) Holder may not participate in any registration under this Section 7
which is underwritten unless Holder (i) agrees to sell Holder's shares of Common

<PAGE>

Stock on the basis  provided in any  underwriting  arrangements  approved by the
Company and (ii) completes and executes all questionnaires,  powers of attorney,
indemnities,  underwriting  agreements  and other  documents  required under the
terms of such underwriting arrangements.

8. MISCELLANEOUS.

         (a)  NOTICES,  ETC.  All notices and other  communications  required or
permitted  hereunder  shall be in writing and shall be mailed by  registered  or
certified mail, postage prepaid,  by facsimile  transmission or electronic mail,
or otherwise delivered by hand or by messenger, addressed

                  (i) if to a holder of this Warrant,  at such holder's  address
         set forth on the books of the Company, or at such other address as such
         holder shall have furnished to the Company in writing; or

                  (ii)  if to the  Company,  one  copy  should  be  sent  to the
         Company's current address at 5380 Highlands Drive,  Longmont,  Colorado
         80503, or at such other address as the Company shall have designated by
         notice.

Each such notice or other communication shall for all purposes of this Agreement
be treated  as  effective  or having  been given  when  delivered  if  delivered
personally;  if sent by first class, postage prepaid mail, at the earlier of its
receipt  or  seventy-two  (72)  hours  after  the same has been  deposited  in a
regularly  maintained  receptacle  for the  deposit of the United  States  mail,
addressed  and mailed as  aforesaid;  or, if sent by facsimile  transmission  or
electronic mail as of the date delivery is confirmed by the sender's equipment.

         (b)  SEVERABILITY.  If any provision of this Agreement shall be held to
be  illegal,  invalid,  or  unenforceable,   such  illegality,   invalidity,  or
unenforceability shall attach only to such provision and shall not in any manner
affect or render illegal,  invalid, or unenforceable any other provision of this
Agreement,  and this  Agreement  shall be  carried  out as if any such  illegal,
invalid, or unenforceable provision were not contained herein.

         (c) GOVERNING  LAW.  This Warrant will be governed in  accordance  with
federal law to the extent  applicable  and by the  internal  law, not the law of
conflicts, of the State of Colorado.

<PAGE>
         (d)  CONDITIONAL  RIGHT TO ACQUIRE NEW WARRANT UPON  EXPIRATION OF THIS
WARRANT. In the event that the Company stock does not close at a price per share
of $1.00 or  higher  for at least 30  consecutive  trading  days on the OTCBB or
other trading venue during the term of this Warrant, then upon the expiration of
this Warrant,  the Company  shall grant to the holder,  a new Warrant for $1.00,
upon the same price and terms  except that the new Warrant  shall expire 2 years
from date of issuance.

IN WITNESS WHEREOF,  Tombstone Cards,  Inc. has caused this Warrant to be signed
by its duly authorized officer and dated as of October 19, 2006.

                                  TOMBSTONE CARDS, INC.

                                  By: /s/John N. Harris

                                  Title: President

<PAGE>

                                SUBSCRIPTION FORM

              To be Executed by the Holder of this Warrant if such
                           Holder Desires to Exercise
                        this Warrant in Whole or in Part:

To:      Tombstone Cards, Inc. (the "Company")

The   undersigned    ___________________________    (Social    Security   number
_____________or     taxpayer     identification     number    of     Subscriber:
_________________________)  hereby  irrevocably  elects to exercise the right of
purchase   represented  by  this  Warrant  for,  and  to  purchase   thereunder,
____________  shares of the  Common  Stock (the  "Common  Stock")  provided  for
therein and tenders  payment  herewith to the order of the Company in the amount
of  $______________,  such  payment  being made as  provided on the face of this
Warrant.

The undersigned  requests that  certificates  for such shares of Common Stock be
issued as follows:

Name: _________________________________________________________________________

Address: ______________________________________________________________________

Deliver to: ___________________________________________________________________

Address: ______________________________________________________________________

and,  if such  number of shares of Common  Stock  shall not be all the shares of
Common Stock purchasable hereunder, that a new Warrant for the balance remaining
of the shares of Common Stock  purchasable  under this Warrant be  registered in
the name of, and delivered to, the undersigned at the address stated above.

Dated:   ______________________

                                    Signature

                                    ____________________________________________

                                    Note:  The  signature  on this  Subscription
                                    Form  must   correspond  with  the  name  as
                                    written  upon  the face of this  Warrant  in
                                    every  particular,   without  alteration  or
                                    enlargement or any change whatever.

<PAGE>

                               FORM OF ASSIGNMENT
                       (To Be Signed Only Upon Assignment)

FOR VALUE  RECEIVED,  the undersigned  hereby sells,  assigns and transfers unto
this  Warrant,   and  appoints   __________________________________________   to
transfer  this  Warrant  on the  books of the  Company  with  the full  power of
substitution in the premises.

Dated: _____________________

In the presence of:

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

                                     -------------------------------------------
                                    (Signature  must  conform in all respects to
                                    the name of the holder as  specified  on the
                                    face of  this  Warrant  without  alteration,
                                    enlargement  or any change  whatsoever,  and
                                    the  signature  must  be  guaranteed  in the
                                    usual manner)

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