Document:

EXHIBIT 4.3

THE  SECURITIES  REPRESENTED  BY  THESE  WARRANTS  AND THE COMMON STOCK ISSUABLE
THEREBY  HAVE  NOT  BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE  "SECURITIES ACT"), OR ANY OTHER APPLICABLE SECURITIES LAW.  THE SECURITIES
REPRESENTED  BY  THESE  WARRANTS  MAY  NOT BE TRANSFERRED, EXCEPT PURSUANT TO AN
EFFECTIVE  REGISTRATION  STATEMENT  UNDER,  OR  IN  A  TRANSACTION  EXEMPT  FROM
REGISTRATION  UNDER,  THE  SECURITIES  ACT  AND  IN  ACCORDANCE  WITH  ANY OTHER
APPLICABLE  SECURITIES  LAWS.

                                    WARRANTS

                           to Purchase Common Stock of

                                 Bepariko Biocom
                             (a Nevada corporation)

                           Expiring on April 30, 2012

Warrant  No.  2002-1

     This Common Stock Purchase Warrant (the "Warrant") certifies that for value
received, Gemini Growth Fund, L.P. (the "Holder") or its assigns, is entitled to
subscribe  for  and purchase from the Company (as hereinafter defined), in whole
or  in  part,  150,000 shares of duly authorized, validly issued, fully paid and
nonassessable  shares  of  Common  Stock  (as hereinafter defined) at an initial
Exercise Price (as hereinafter defined) of $2.00 per share, subject, however, to
the  provisions  and  upon  the terms and conditions hereinafter set forth.  The
number  of  Warrants  (as  hereinafter  defined), the number of shares of Common
Stock  purchasable  hereunder,  and  the Exercise Price therefore are subject to
adjustment  as  hereinafter  set forth.  These Warrants and all rights hereunder
shall  expire  on  the earlier of (i)  5:00 p.m., Houston, Texas time, April 30,
2012  or  (ii) the date all of the Convertible Notes issued pursuant to the Loan
Agreement  are  converted  to  Common  Stock  (the  "Expiration  Date").

                                    ARTICLE I
                                   Definitions

     As  used  herein,  the  following  terms  shall have the meanings set forth
below:

     1.1  "Company"  shall mean Bepariko Biocom, a Nevada corporation, and shall
also include any successor thereto with respect to the obligations hereunder, by
merger,  consolidation  or  otherwise.

     1.2  "Common  Stock"  shall  mean  and  include the Company's common stock,
$0.001  par  value  per  share,  authorized on the date of the original issue of
these  Warrants  and  shall  also  include

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(i)  in  case  of  any  reorganization, reclassification, consolidation, merger,
share  exchange  or  sale, transfer or other disposition of assets, the stock or
other  securities provided for herein, and (ii) any other shares of common stock
of  the  Company  into  which  such shares of Common Stock may be converted.

     1.3  "Exercise  Price" shall mean  the  initial exercise price of $2.00, as
adjusted  from  time  to  time  pursuant  to  the  provisions  hereof.

     1.4  "Market  Price" for any day, when used with reference to Common Stock,
shall  mean  the  price of said Common Stock determined by reference to the last
reported sale price for the Common Stock on such day on the principal securities
exchange  on  which  the  Common Stock is listed or admitted to trading or if no
such  sale  takes  place  on such date, the average of the closing bid and asked
prices  thereof  as  officially  reported,  or,  if not so listed or admitted to
trading  on any securities exchange, the last sale price for the Common Stock on
the  National  Association  of Securities Dealers national market system on such
date,  or,  if  there  shall  have been no trading on such date or if the Common
Stock  shall  not  be  listed on such system, the average of the closing bid and
asked prices in the over-the-counter market as furnished by any NASD member firm
selected  from  time  to  time by the Company for such purpose or, if the Common
Stock  is  not  traded,  then  such  price  as  is  reasonably determined by the
Company's  Board  of  Directors.

     1.5  "Warrant"  shall  mean the right upon exercise to purchase one Warrant
Share.

     1.6  "Warrant  Shares"  shall  mean the shares of Common Stock purchased or
purchasable  by  the  holder  hereof  upon  the  exercise  of  the  Warrants.

                                   ARTICLE II

                              Exercise of Warrants

     2.1 Method of Exercise. The Warrants represented hereby may be exercised by
the  holder hereof, in whole or in part, at any time and from time to time on or
after  the  date  hereof until 5:00 p.m., Houston, Texas time, on the Expiration
Date.  To exercise the Warrants, the holder hereof shall deliver to the Company,
at the Warrant Office designated herein, (i) a written notice in the form of the
Subscription  Notice attached as an exhibit hereto, stating therein the election
of  such  holder  to  exercise  the  Warrants  in  the  manner  provided  in the
Subscription  Notice;  (ii) payment in full of the Exercise Price (A) in cash or
by  bank  check  for  all  Warrant  Shares purchased hereunder, or (B) through a
"cashless"  or  "net-issue" exercise of each such Warrant ("Cashless Exercise");
the  holder  shall exchange each Warrant subject to a Cashless Exercise for that
number  of Warrant Shares determined by multiplying the number of Warrant Shares
issuable hereunder by a fraction, the numerator of which shall be the difference
between  (x)  the Market Price and (y) the Exercise Price for each such Warrant,
and  the denominator of which shall be the Market Price; the Subscription Notice
shall  set  forth  the calculation upon which the Cashless Exercise is based, or
(C)  a  combination of (A) and (B) above; and (iii) these Warrants. The Warrants
shall  be  deemed  to  be exercised on the date of receipt by the Company of the
Subscription Notice, accompanied by payment for the Warrant Shares and surrender
of  these  Warrants,  as  aforesaid,  and such date is referred to herein as the
<PAGE>
"Exercise  Date".  Upon  such  exercise,  the  Company  shall,  as  promptly  as
practicable  and  in  any  event within five business days, issue and deliver to
such  holder  a  certificate  or certificates for the full number of the Warrant
Shares  purchased  by such holder hereunder, and shall, unless the Warrants have
expired,  deliver  to the holder hereof a new Warrant representing the number of
Warrants,  if  any,  that  shall  not have been exercised, in all other respects
identical to these Warrants. As permitted by applicable law, the person in whose
name  the certificates for Common Stock are to be issued shall be deemed to have
become a holder of record of such Common Stock on the Exercise Date and shall be
entitled  to  all of the benefits of such holder on the Exercise Date, including
without  limitation  the  right to receive dividends and other distributions for
which the record date falls on or after the Exercise Date and to exercise voting
rights.

     2.2  Expenses  and  Taxes.  The  Company  shall  pay all expenses and taxes
(including,  without  limitation,  all  documentary,  stamp,  transfer  or other
transactional  taxes)  other  than income taxes attributable to the preparation,
issuance  or delivery of the Warrants and of the shares of Common Stock issuable
upon  exercise  of  the  Warrants.

     2.3  Reservation of Shares. The Company shall ensure that there is reserved
at  all  times  so long as the Warrants remain outstanding, free from preemptive
rights,  out  of  its authorized but unissued shares of Common Stock, solely for
the  purpose  of  effecting the exercise of the Warrants, a sufficient number of
shares  of  Common  Stock  to  provide  for  the  exercise  of  the  Warrants.

     2.4  Valid  Issuance.  All  shares  of Common Stock that may be issued upon
exercise of the Warrants will, upon issuance by the Company, be duly and validly
issued,  fully paid and nonassessable and free from all taxes, liens and charges
with respect to the issuance thereof and, without limiting the generality of the
foregoing,  the  Company  shall  take no action or fail to take any action which
will  cause  a  contrary  result (including, without limitation, any action that
would  cause  the  Exercise  Price to be less than the par value, if any, of the
Common  Stock).

     2.5  Loan  Agreement.  The  Warrants  represented  hereby  were  issued  on
conjunction  with  a  Loan  Agreement  dated  around  April  __, 2002 (the "Loan
Agreement")  between the Company and the Holder. The Holder shall be entitled to
the  rights  to  registration  under the Securities Act and any applicable state
securities  or  blue sky laws to the extent set forth in the registration rights
provision  found  in  the  Loan  Agreement. The terms of the registration rights
provisions  are  hereby  incorporated  herein  for  all  purposes  and  shall be
considered  a  part  of this Warrant as if they had been fully set forth herein.

     2.6  Acknowledgment  of Rights. At the time of the exercise of the Warrants
in  accordance  with the terms hereof and upon the written request of the holder
hereof,  the  Company  will  acknowledge in writing its continuing obligation to
afford  to  such  holder any rights (including, without limitation, any right to
registration  of  the  Warrant Shares) to which such holder shall continue to be
entitled  after  such  exercise  in  accordance  with  the  provisions  of these
Warrants;  provided,  however,  that if the Holder hereof shall fail to make any
such  request,  such  failure  shall not affect the continuing obligation of the
Company  to  afford  to  such  Holder  any  such  rights.

<PAGE>

     2.7  No  Fractional  Shares.  The  Company  shall  not be required to issue
fractional  shares  of  Common  Stock on the exercise of these Warrants. If more
than  one  Warrant  shall be presented for exercise at the same time by the same
holder,  the  number of full shares of Common Stock which shall be issuable upon
such  exercise  shall  be computed on the basis of the aggregate number of whole
shares  of Common Stock purchasable on exercise of the Warrants so presented. If
any fraction of a share of Common Stock would, except for the provisions of this
Section,  be  issuable on the exercise of this Warrant, the Company shall pay an
amount  in cash calculated by it to be equal to the Market Price of one share of
Common  Stock  at the time of such exercise multiplied by such fraction computed
to  the  nearest  whole  cent.

                                  ARTICLE III

                                    Transfer

     3.1  Warrant  Office.  The  Company  shall  maintain  an office for certain
purposes  specified  herein (the "Warrant Office"), which office shall initially
be  the  Company's  offices at GSB Building, Suite 417, One Belmont Avenue, Bala
Cynwyd,  PA 19002 and may subsequently be such other office of the Company or of
any  transfer  agent  of the Common Stock in the continental United States as to
which  written notice has previously been given to the Holder. The Company shall
maintain,  at  the  Warrant  Office,  a  register  for the Warrants in which the
Company  shall  record  the  name  and address of the Person in whose name these
Warrants  has  been  issued,  as  well as the name and address of each permitted
assignee  of  the  rights  of  the  registered  owner  hereof.

     3.2  Ownership  of  Warrants.  The Company may deem and treat the Person in
whose  name  the  Warrants  are  registered as the holder and owner hereof until
provided  with  notice  to  the  contrary.  The  Warrants may be exercised by an
assignee  for the purchase of Warrant Shares without having new Warrants issued.

     3.3  Restrictions  on  Transfer  of  Warrants.  These  Warrants  may  be
transferred,  in whole or in part, by the Holder. The Company agrees to maintain
at  the  Warrant Office books for the registration and transfer of the Warrants.
The  Company,  from time to time, shall register the transfer of the Warrants in
such  books  upon  surrender  of  this  Warrant  at  the Warrant Office properly
endorsed  or  accompanied  by  appropriate  instruments  of transfer and written
instructions for transfer. Upon any such transfer and upon payment by the holder
or its transferee of any applicable transfer taxes, new Warrants shall be issued
to  the transferee and the transferor (as their respective interests may appear)
and  the  surrendered  Warrants  shall  be cancelled by the Company. The Company
shall  pay  all taxes (other than securities transfer taxes or income taxes) and
all  other  expenses  and charges payable in connection with the transfer of the
Warrants  pursuant  to  this  Section.

     3.4  Compliance  with  Securities  Laws.  Subject  to  the  terms  of  the
Registration Rights Agreement and notwithstanding any other provisions contained
in  these  Warrants,  the  Holder  understands  and  agrees  that  the following
restrictions  and  limitations  shall be applicable to all Warrant Shares and to
all  resales  or  other  transfers  thereof  pursuant  to  the  Securities  Act:
<PAGE>

     3.4.1  The  holder hereof agrees that the Warrant Shares may not be sold or
otherwise  transferred  unless  the  Warrant  Shares  are  registered  under the
Securities  Act  and  applicable state securities or blue sky laws or are exempt
therefrom.

     3.4.2  A  legend  in substantially the following form will be placed on the
certificate(s)  evidencing  the  Warrant  Shares:

          "THE  SECURITIES  REPRESENTED  BY  THIS  CERTIFICATE  HAVE  NOT  BEEN
     REGISTERED  UNDER  THE  SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
     ACT"),  OR  ANY  OTHER  APPLICABLE  SECURITIES  LAW  AND,  ACCORDINGLY, THE
     SECURITIES  REPRESENTED  BY THIS CERTIFICATE MAY NOT BE RESOLD, PLEDGED, OR
     OTHERWISE  TRANSFERRED,  EXCEPT  PURSUANT  TO  AN  EFFECTIVE  REGISTRATION
     STATEMENT  UNDER,  OR  IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER, THE
     SECURITIES  ACT  AND  IN  ACCORDANCE  WITH  ANY OTHER APPLICABLE SECURITIES
     LAWS."

                                   ARTICLE IV

                                  Anti-Dilution

     4.1  If and whenever any Additional Common Stock (as herein defined) shares
shall  be issued by the Company (the "Stock Issue Date") for a consideration per
share  less than the Exercise Price, then in each such case the initial Exercise
Price  shall  be  reduced  to  a  new  Exercise  Price in an amount equal to the
consideration  per  share  received  by the Company for the additional shares of
Common  Stock  then  issued  and  the  number  of shares issuable to Holder upon
conversion shall be proportionately increased; and, in the case of shares issued
without consideration, the initial Exercise Price shall be reduced in amount and
the  number  of shares issued upon conversion shall be increased in an amount so
as  to maintain for the Holder the right to exercise into shares equal in amount
to  the  same  percentage interest in the Common Stock of the Company as existed
for  the  Holder  immediately  preceding  the  Stock  Issue  Date.

     4.2  Sale of Shares: In case of the issuance of Additional Common Stock for
a  consideration  part  or  all  of  which shall be cash, the amount of the cash
consideration therefore shall be deemed to be the amount of the cash received by
Company  for  such  shares,  after  any  compensation  or  discount in the sale,
underwriting or purchase thereof by underwriters or dealers or others performing
similar  services  or for any expenses incurred in connection therewith. In case
of  the  issuance  of  any shares of Additional Common Stock for a consideration
part  or  all of which shall be other than cash, the amount of the consideration
therefore,  other than cash, shall be deemed to be the then fair market value of
the  property  received  as determined by an investment banking firm selected by
Lender.

     4.3  Reclassification  of  Shares:  In  case  of  the  reclassification  of
securities  into  shares  of  Common Stock, the shares of Common Stock issued in
such  reclassification  shall  be deemed to have been issued for a consideration
<PAGE>
other  than cash. Shares of Additional Common Stock issued by way of dividend or
other  distribution on any class of stock of the Company shall be deemed to have
been  issued  without  consideration.

     4.4  Split  up  or  Combination  of  Shares: In case issued and outstanding
shares  of Common Stock shall be subdivided or split up into a greater number of
shares  of  the  Common  Stock,  the  Exercise  Price  shall  be proportionately
decreased,  and  in  case issued and outstanding shares of Common Stock shall be
combined  into  a  smaller  number of shares of Common Stock, the Exercise Price
shall  be  proportionately increased, such increase or decrease, as the case may
be,  becoming effective at the time of record of the split-up or combination, as
the  case  may  be.

     4.5 Exceptions: The term "Additional Common Stock" herein shall mean in the
most  broadest  sense all shares of Common Stock hereafter issued by the Company
(including,  but not limited to Common Stock held in the treasury of the Company
and  common  stock  purchasable via derivative security or option on the date of
such  grant  ),  except Common Stock issued upon the exercise of this warrant or
the  Convertible  Notes.

     4.6  In the event of distribution to all Common Stock holders of any stock,
indebtedness  of the Company or assets or other rights to purchase securities or
assets,  then,  after such event, the Exercise Price reduced to so as to entitle
the  Holder  to the economic interest he had immediately prior to the occurrence
of  such  event.

     4.7 In case of any capital reorganization, reclassification of the stock of
the  Company  (other  than  a  change  in  par  value  or as a result of a stock
dividend,  subdivision,  split  up or combination of shares), the Exercise Price
reduced  to  so  as  to  entitle  the  Holder  to  the  economic interest he had
immediately  prior  to  the  occurrence  of  such event. The provisions of these
foregoing  sentence  shall  similarly  apply  to  successive  reorganizations,
reclassifications,  consolidations,  exchanges,  leases,  transfers  or  other
dispositions  or  other  share  exchanges.

     4.8  Notice  of  Adjustment.  (A) In the event the Company shall propose to
take  any  action which shall result in an adjustment in the Exercise Price, the
Company  shall  give notice to the Holder, which notice shall specify the record
date,  if  any, with respect to such action and the date on which such action is
to  take  place.  Such notice shall be given on or before the earlier of 10 days
before the record date or the date which such action shall be taken. Such notice
shall  also  set forth all facts (to the extent known) material to the effect of
such  action  on  the  Exercise Price and the number, kind or class of shares or
other  securities or property which shall be deliverable or purchasable upon the
occurrence  of  such  action  or  deliverable  upon exercise of this warrant (B)
Following  completion  of an event wherein the Exercise Price shall be adjusted,
the  Company  shall  furnish  to the Holder a statement, signed by an authorized
officer  of the Company of the facts creating such adjustment and specifying the
resultant  adjusted  Exercise  Price  then  in  effect.

<PAGE>

                                    ARTICLE V
                                  Miscellaneous

     5.1  Entire  Agreement.  These  Warrants,  together wit the Loan Agreement,
contain  the  entire  agreement  between  the holder hereof and the Company with
respect  to  the Warrant Shares purchasable upon exercise hereof and the related
transactions  and  supersedes  all  prior  arrangements  or  understandings with
respect  thereto.

     5.2  Governing  Law.  This  warrant  shall  be governed by and construed in
accordance  with the laws of the State of Texas in the courts located in Dallas,
Texas.

     5.3  Waiver  and  Amendment. Any term or provision of these Warrants may be
waived  at  any  time by the party which is entitled to the benefits thereof and
any  term  or  provision of these Warrants may be amended or supplemented at any
time  by  agreement of the holder hereof and the Company, except that any waiver
of any term or condition, or any amendment or supplementation, of these Warrants
shall  be  in  writing.  A waiver of any breach or failure to enforce any of the
terms  or  conditions  of  these  Warrants shall not in any way effect, limit or
waive  a  party's  rights  hereunder  at  any  time to enforce strict compliance
thereafter  with  every  term  or  condition  of  these  Warrants.

     5.4  Illegality.  In  the  event  that  any  one  or more of the provisions
contained  in  this  Warrant  shall  be  determined  to  be  invalid, illegal or
unenforceable  in  any  respect  for  any  reason,  the  validity,  legality and
enforceability  of  any  such  provision  in any other respect and the remaining
provisions  of  these  Warrants shall not, at the election of the party for whom
the  benefit  of  the  provision  exists,  be  in  any  way  impaired.

     5.5  Copy  of  Warrant.  A  copy of these Warrants shall be filed among the
records  of  the  Company.

     5.6  Notice. Any notice or other document required or permitted to be given
or  delivered to the holder hereof shall be in writing and delivered at, or sent
by certified or registered mail to such holder at, the last address shown on the
books  of  the  Company maintained at the Warrant Office for the registration of
these  Warrants  or  at any more recent address of which the holder hereof shall
have  notified  the  Company  in  writing.

     5.7  Limitation  of  Liability;  Not  Stockholders.  No  provision of these
Warrants  shall  be  construed as conferring upon the holder hereof the right to
vote,  consent,  receive  dividends  or  receive  notices  (other than as herein
expressly  provided)  in respect of meetings of stockholders for the election of
directors  of the Company or any other matter whatsoever as a stockholder of the
Company. No provision hereof, in the absence of affirmative action by the holder
hereof 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  purchase  price  of  any  shares of Common Stock or as a
stockholder of the Company, whether such liability is asserted by the Company or
by  creditors  of  the  Company.

<PAGE>

     5.8  Exchange, Loss, Destruction, etc. of Warrant. Upon receipt of evidence
reasonably  satisfactory  to  the  Company  of  the  loss,  theft, mutilation or
destruction  of  these  Warrants,  and  in  the  case of any such loss, theft or
destruction  upon  delivery of an appropriate affidavit in such form as shall be
reasonably satisfactory to the Company and include reasonable indemnification of
the  Company, or in the event of such mutilation upon surrender and cancellation
of these Warrants, the Company will make and deliver new Warrants of like tenor,
in  lieu  of  such  lost,  stolen, destroyed or mutilated Warrants. Any Warrants
issued  under  the provisions of this Section in lieu of any Warrants alleged to
be  lost,  destroyed  or  stolen,  or  in  lieu of any mutilated Warrants, shall
constitute  an original contractual obligation on the part of the Company. These
Warrants  shall be promptly canceled by the Company upon the surrender hereof in
connection  with  any  exchange  or replacement. The Company shall pay all taxes
(other  than  securities  transfer taxes or income taxes) and all other expenses
and  charges  payable in connection with the preparation, execution and delivery
of  Warrants  pursuant  to  this  Section.

     5.9  Headings.  The  Article  and Section and other headings herein are for
convenience  only  and  are  not a part of this Warrant and shall not affect the
interpretation  thereof.

<PAGE>
     IN WITNESS WHEREOF, the Company has caused this Warrant to be signed in its
name  dated  April  25,  2002

                                           BEPARIKO  BIOCOM

                                           _____________________________________

                                           Cecile  T.  Coady
                                           Title:  Sole  Officer  and  Director

                                           _____________________________________
                                           Witness

<PAGE>

                              SUBSCRIPTION NOTICE

     The  undersigned,  the  holder  of the foregoing Warrants, hereby elects to
exercise  purchase  rights  represented thereby for, and to purchase thereunder,
_______  shares of the Common Stock covered by such Warrants, and herewith makes
payment  in  full  for  such shares, and requests (a) that certificates for such
shares  (and any other securities or other property issuable upon such exercise)
be issued in the name of, and delivered to, ________________________________ and
(b),  if such shares shall not include all of the shares issuable as provided in
such  Warrants,  that new Warrants of like tenor and date for the balance of the
shares  issuable  thereunder  be  delivered  to  the  undersigned.

                                           _____________________________________

Date:__________________________

<PAGE>

                                   ASSIGNMENT

     For  value  received,  _____________________,  hereby  sells,  assigns  and
transfers unto ____ these Warrants, together with all rights, title and interest
therein,  and  does  irrevocably  constitute  and appoint ______________________
attorney, to transfer such Warrants on the books of the Company, with full power
of  substitution.

                                           _____________________________________

Date:__________________________

<PAGE>EXHIBIT 10.6

                                 LOAN AGREEMENT

     THIS  AGREEMENT (the "Agreement") is made and entered into this 25th day of
April,  2002,  by  and  between  Bepariko  Biocom,  a  Nevada  corporation  (the
"Borrower")  and  Gemini  Growth  Fund,  LP, a Delaware limited partnership (the
"Lender").

                              W I T N E S S E T H :

     WHEREAS,  the Borrower has requested that Lender make a loan to Borrower of
up  to  $1,500,000  (the  "Loan");  and

     WHEREAS,  Lender  has agreed to make such a loan available to Borrower upon
the  terms  and  conditions  hereinafter  set  forth.

     NOW,  THEREFORE,  it  is  agreed  as  follows:

     SECTION  1.  Definitions.  All of the terms defined in this Agreement shall
have such defined meanings when used in the other Loan Documents (as hereinafter
defined)  and any certificates, reports or other documents or instruments issued
under  or  delivered pursuant to this Agreement unless the context shall require
otherwise.  For  purposes  of this Agreement, the following terms shall have the
following  meanings:

     1.1  "Affiliate"  shall  mean  an  entity that is a member of a "controlled
group  of  corporations"  (within  the meaning of Section 414(b) of the Internal
Revenue  Code),  an  "affiliated  service  group" (within the meaning of Section
414(m)  of  the  Internal  Revenue Code), or a group of trades or business under
common  control  (within  the  meaning of Section 414(c) of the Internal Revenue
Code)  that  also  includes  the  Borrower  as  a  member.

     1.2  "Agreement"  shall  include  this  Agreement  as  amended, modified or
supplemented  from  time  to  time.

     1.3  "Authorized  Officer"  shall  mean  the Chief Executive Officer or the
President  of  the  Borrower  or  such other person designated in writing to the
Lender,  who  is  authorized  to  act  on  behalf  of  the  Borrower  hereunder.

     1.4  "Business  Day"  means  a  day  upon  which  banks  are  open  for the
transaction  of  business  of  the  nature  required by this Agreement in Texas.

     1.5  "Capital  Expenditure":  means any payment made directly or indirectly
for  the  purpose  of  acquiring  or constructing fixed assets, real property or
equipment  which  in accordance with GAAP would be added as a debit to the fixed
asset  account  of  the  Person  making  such  expenditure,  including,  without
limitation,  amounts  paid  or payable under any conditional sale or other title
retention  agreement  or  under  any lease or other periodic payment arrangement
which  is  of  such  a  nature that payment obligations of the lessee or obligor
thereunder  would  be required by generally accepted accounting principles to be

<PAGE>
capitalized  and  shown  as  liabilities  on the balance sheet of such lessee or
obligor.

     1.6  "Cash  Flow"  means  an amount equal to (i) the Borrower' Consolidated
EBITDA,  minus  (ii)  the  Borrower's  Consolidated  non-financed  Capital
Expenditures.

     1.7  "Capital  Lease" means any lease of property (real, personal or mixed)
which,  in  accordance  with GAAP, should be capitalized on the lessee's balance
sheet  or  for  which  the amount of the asset and liability thereunder as if so
capitalized  should  be  disclosed  in  a  note  to  such  balance  sheet.

     1.8  "Change  of  Control"  means (a) a Change of Ownership; (b) during any
period  of  twelve consecutive calendar months, individuals who at the beginning
of such period constituted the board of directors of the Borrower (together with
any  new  directors  whose election by the board of directors of the Borrower or
whose  nomination for election by the shareholders of Borrower was approved by a
vote  of  at  least  two-thirds of the directors then still in office who either
were  directors at the beginning of such period or whose elections or nomination
for  election  was previously so approved) cease for any reason other than death
or  disability  to  constitute  a  majority  of  the  directors  then in office.

     1.9  "Change of Ownership" means any person or group of persons (other than
the  Lender  and/or  the shareholders of the Borrower on the Closing Date) shall
have acquired beneficial ownership (within the meaning of Rule 13d-3 promulgated
by  the  Securities and Exchange Commission under the Securities Exchange Act of
1934,  as  amended)  of forty percent (40%) or more (computed on a fully diluted
basis)  of the issued and outstanding shares of capital stock of Borrower having
the  right  to  vote  for  the  election of directors of Borrower under ordinary
circumstances.

     1.10  "Closing  Date"  means  the  date  first  set  forth  above.

     1.11  "Committed  Amount"  means  the  principal amount of $1,500,000 which
Lender  has  agreed  to  lend  to Borrower as evidenced by the Convertible Note.

     1.12     "Common  Stock"  shall  have  the  meaning  as  defined in
Section 3.3.

     1.13     DELETED.

     1.14     "Consolidated  EBITDA"  means,  for  any Person for any period:

          (i)  the  consolidated  net income of such Person and its Consolidated
     Subsidiaries  for  such  period  (after  Income  Taxes),  but  excluding:

               (a)  any  gain  arising  from  the  sale  of  capital  assets,

               (b)  any  gain  arising  from  any  write-up  of  assets,

                                        2
<PAGE>

               (c)  earnings  of  any  other  Person,  substantially  all of the
                    assets  of  which  have  been acquired by such Person or its
                    consolidated Subsidiaries the extent that such earnings were
                    realized  by  such  other  Person  prior to the date of such
                    acquisition.

               (d)  earnings  of  any  Person  in  which  the  Person  or  its
                    Consolidated  Subsidiaries  has an ownership interest (other
                    than wholly owned Subsidiaries of such Person ), unless such
                    earnings  have  actually  been received by the Person or its
                    Consolidated subsidiaries in the form of cash distributions,

               (e)  earnings  of any Person to which assets of the Person or its
                    Consolidated  Subsidiaries shall have been sold, transferred
                    or  disposed of, or into which the Person shall have merged,
                    to  the extent that such earnings arise prior to the date of
                    such  transaction,

               (f)  any  gain  arising from the acquisition of any securities of
                    such  Person  or  any  of its Consolidated subsidiaries, and

               (g)  any extraordinary gain realized by such Person or any of its
                    Consolidated  subsidiaries  during  such  period.

     (ii) plus  the  following,  but only in each case to the extent incurred by
          the  Borrower and its Consolidated subsidiaries during such period and
          deducted  in  the  calculation  above  for  such  period,

                    (a)  all  income  and  franchise  taxes,

                    (b)  all  Interest  Expense,

                    (c)  all  depreciation  expense,  and

                    (d)  all  amortization  expense.

     1.15  "Consolidated  Subsidiary"  or "Consolidated Subsidiaries" means, for
any  Person,  any  Subsidiary  or  other  entity  the accounts of which would be
consolidated  with those of such Person in its consolidated financial statements
as  of  such  date  in  accordance  with  GAAP.

     1.16  "Current Assets" means, at any particular time, all amounts which, in
conformity  with  GAAP,  would  be  included as current assets on a consolidated
balance  sheet  of  the  Borrower  and its Subsidiaries; provided however, there
shall  be  excluded therefrom (a) all prepaid expenses of every type and nature,
(b)  all  amounts due from partners, officers, stockholders or other Affiliates,
and  all  loans  due  from  employees,  and  (c)  all  deferred  charges.

     1.17  "Current  Liabilities"  means,  at  any  particular time, all amounts
(including  deferred taxes) which, in conformity with GAAP, would be included as
current  liabilities  on  a  consolidated  balance sheet of the Borrower and its
Subsidiaries.

     1.18  "Current  Ratio"  means  the  ratio  of  Current  Assets  to  Current
Liabilities.

                                        3
<PAGE>
     1.19  "Debt" means, with respect to any Person on any date of determination
(without  duplication),  (i)  all  obligations  for  borrowed  money,  (ii)  all
obligations  evidenced by bonds, debentures, notes or similar instruments, (iii)
all  obligations  to  pay  the  deferred  purchase price of property or services
except  trade  accounts payable arising in the ordinary course of business which
are  paid  when  due  in accordance with ordinary-course payment terms, (iv) all
obligations  arising  under acceptance facilities or facilities for the discount
or  sale  of  accounts  receivable,  (v) all direct or contingent obligations in
respect  of  letters  of  credit,  (vi)  lease  obligations  (other  than  lease
obligations  with  respect  to  operating  leases) that have been (or under GAAP
should  be)  capitalized  for  financial  reporting  purposes, (vii) liabilities
secured  (or  for  which  the  holder  of  any obligations or liabilities has an
existing  right, contingent or otherwise, to be so secured) by any Lien existing
on  property  owned  or  acquired  by  that  Person  and  (viii) all guaranties,
endorsements  and other contingent obligations for liabilities or obligations or
the  maintenance  of  financial  condition  of  others, including obligations to
repurchase  or  purchase  properties  or  to  maintain  or cause to maintain any
financial  condition.

     1.20  "Default" or "Event of Default" means the occurrence of all or any of
the  events  specified in Section 7 and/or set forth in the Convertible Note (as
defined  below).

     1.21  "Indebtedness"  means with respect to any Person, all indebtedness of
such  Person  for  borrowed  money,  all  indebtedness  of  such  Person for the
acquisition  of property other than purchases of products and merchandise in the
ordinary  course  of  business,  indebtedness secured by a lien, pledge or other
encumbrance  on  the property of such Person whether or not such indebtedness is
assumed,  all  liability  of  such Person by way of endorsements (other than for
collection  or  deposit  in  the ordinary course of business); all guarantees of
Indebtedness  of  any  other  Person  by  such  Person (including any agreement,
contingent  or  otherwise,  to  purchase  any  obligation  representing  such
Indebtedness or property constituting security therefor, or to advance or supply
funds  for such purpose or to maintain working capital or other balance sheet or
income  statement condition, or any other arrangement in substance effecting any
of the foregoing); all leases and other items which in accordance with Generally
Accepted Accounting Principles are classified as liabilities on a balance sheet.

     1.22  "Interest  Expense"  means,  with  respect  to any Person and for any
period  (without  duplication), all interest on that Person's Debt, whether paid
in  cash  or  accrued  as  a liability and payable in cash during any subsequent
period  (including,  without  limitation,  the  interest  component  of  Capital
Leases),  as  determined  by  GAAP.

     1.23  "Liabilities"  mean  all liabilities, obligations and indebtedness of
any and every kind and nature (including, without limitation, lease obligations,
accrued  interest, charges, expenses, attorneys' fees and other sums) chargeable
to  the Borrower and made to or for the benefit of the Borrower, whether arising
under  this  Agreement or arising under the Note or any of the Loan Documents of
the  Borrower,  whether  heretofore,  now  or  hereafter  owing, arising, due or
payable  from  Borrower to the Lender and however evidenced, credited, incurred,
acquired  or  owing,  whether  primary, secondary, direct, contingent, fixed, or
otherwise,  including  obligation  of  performance.

     1.24  "Liens"  shall  have  the  meaning  set  forth  in  Section  3.9.

                                        4
<PAGE>

     1.25  "Loan  Amount"  means  the principal amount of up to $1,500,000 which
Lender  has  agreed  to  lend  Borrower  at  Lender's  sole  option.

     1.26  "Loan  Documents"  means  this  Agreement,  the Convertible Note, the
Pledge  Agreement,  the  Warrant,  the  Security  Agreement,  and all documents,
instruments,  certificates,  reports  and  all  other  written  matters  whether
heretofore,  now,  or  hereafter executed by or on behalf of the Borrower and/or
delivered  to  Lender  in  connection  herewith.

     1.27  "Convertible  Note"  or  "Note"  means  one  or  more  Senior Secured
Promissory  Notes,  to  be  executed  by  the  Borrower  in favor of the Lender,
substantially  in  the  form  of  Exhibit  1  attached  hereto.

     1.28  "Material Adverse Effect" shall have the meaning set forth in Section
3.1.

     1.29  "Net  Income" or "Net Loss" means, with respect to any Person for any
period,  the net income or net loss of such Person determined in accordance with
GAAP,  after  payment  of  income  Taxes  but  excluding  any  extraordinary  or
non-recurring  items.

     1.30  "Obligation" shall mean the principal amount of the Loan, plus twelve
percent  (12%)  interest  per  annum  (subject to adjustment) together with such
costs  and  reimbursements  as may be due under the Loan Agreement and the Note.

     1.31  "Pledge Agreement", if any, means the pledge agreement of approximate
even  date  herewith  executed  by  pledgor  in  favor  of  the  Lender.

     1.32  "Registrable  Securities" shall mean (i) the Common Stock issued upon
conversion  of  the  Convertible Notes, or (ii) any Common Stock issued upon the
exercise  of the Warrant, right or other security which is issued in conjunction
with this transaction (i) above by way of stock dividend; any other distribution
with  respect  to  or  in exchange for, or in replacement of Common Stock; stock
split;  or in connection with a combination of shares, recapitalization, merger,
consolidation  or  other  reorganization.

     1.33  "Person"  means  an  individual,  partnership,  corporation, business
trust,  joint  stock  company,  trust, unincorporated organization, association,
joint  venture  or  a  government  or  agency  or political subdivision thereof.

     1.34  "Security  Agreement"  means  that  certain  Security  Agreement  of
approximate  even date herewith executed by the Borrower in favor of the Lender.

     1.35  "Subsidiary"  means  any  corporation or limited liability company of
which at least a 50% of the outstanding securities having ordinary voting powers
for  the  election  of Board of Directors (or similar governing body) are at the
time  owned  by Borrower. As used herein, the term "Borrower" shall be deemed to
include  all  of  Borrower's  Subsidiaries,  if  any.

     1.36 "Termination Date" means the earlier of: (a) October 31, 2003; (b) the
date  of  the  occurrence and continuance of an Event of Default (as hereinafter
defined);  (c)  the  date of repayment of the Loan Amount plus accrued interest;

                                        5
<PAGE>
(d)  the  date  of  the  closing  of a secondary public offering by the Borrower
and/or  its  shareholders;  or  (e)  the  date  of  the Change of Control of the
Borrower.

     1.37 "Warrant" means that certain warrant of approximate even date herewith
executed  by the Borrower in favor of the Lender. The parties hereby acknowledge
and  agree  that  the  value of the loan attributable to the Warrants is $3,750.

     SECTION  2.  Loan.

     2.1  Committed  Loan  Amount.  Subject  to the terms and conditions of this
Agreement,  the Lender agrees to loan to the Borrower $1,500,000 pursuant to the
terms of the Convertible Note and the other Loan Documents upon the execution of
this Agreement. The Lender shall provide such funds (via check or wire transfer)
to  the  Borrower within five (5) business days of receipt by the Lender of such
Loan  Documents  duly  executed  by  Borrower,  or within such shorter period as
Borrower  and Lender mutually agree. Nothing set forth herein shall prohibit the
Borrower  from  making  prepayments without penalty at any time and from time to
time  (subject  to  prior  conversion rights). All provisions of the Convertible
Note are incorporated herein by reference. Any conflicts between the Convertible
Note  and  this Loan Agreement shall be resolved by reference to the Convertible
Note.  Upon execution of this Agreement, contemporaneous with the funding of the
Loan, Borrower shall promptly pay to the order of the Lender a commitment fee in
the  amount of 1% and an origination fee of 4%. Such fees shall be applicable to
any  further  lending  from  Lender  to  Borrower.

     2.2  Payments  of Interest and Principal. Interest on the Loan Amount shall
accrue at the rate of twelve percent (12%) per annum from the date of receipt of
funds  by  Lender,  and  shall  be  payable via wire transfer in cash unless the
Lender  provides advance written notice that Borrower pay the interest in Common
Stock  at  a  value  equal  to  the $2.00 per share subject to the anti-dilution
rights  found  in Section 4(a) of the Convertible Note. Unless earlier repaid in
accordance  with payment provisions set forth in the Note, Borrower shall pay to
Lender  on  the  Termination Date the entire principal amount of the outstanding
Convertible Notes, via wire transfer, together with accrued interest thereon and
any  fees  then  owed.

     2.3 Use of Proceeds. The proceeds of the Loan shall be used by the Borrower
in  accordance  with  the  provisions  of  Schedule  2.3  hereof.

     2.4  Conversion.  Terms  found  in  the  Convertible  Note.

     SECTION 3. Representations and Warranties. In order to induce the Lender to
enter  into  this  Agreement  and  to  make  the  Loan  available,  the Borrower
represents  and  warrants  to  the  Lender  as  of  the  Closing  Date  (which
representations  and  warranties  shall  survive  the  delivery of the documents
mentioned  herein,  and  the  termination  of  this  Agreement)  as  follows:

     3.1  Organization.

          (a)  The  Borrower  and each Subsidiary, if any, is a corporation duly
               organized,  validly  existing and in good standing under the laws
               of the jurisdiction of its respective formation, has the power to
               own  its  respective  properties  and  to carry on its respective
               businesses  as  now  being  conducted  and

                                        6
<PAGE>
               is  duly  qualified  to  do business in every jurisdiction in the
               United  States  of  America  for  which the failure to so qualify
               would  have  a  material  impact  on  the  financial  condition,
               operations,  business  or  prospects  of  the Borrower ("Material
               Adverse  Effect").

          (b)  Schedule  3.1 sets forth true and complete copies of the Articles
               of  Incorporation and Bylaws, as in effect on the date hereof, of
               the  Borrower  and  all  other  corporate formation and governing
               documents  of  each  of  the Subsidiaries. Except as set forth in
               Schedule  3.1(b),  the Borrower does not own or control, directly
               or  indirectly,  any equity interest in any corporation, company,
               limited  liability  company,  association,  partnership,  limited
               partnership,  joint  venture  or  other  entity.

     3.2  Power  and  Authority.  The  Borrower  is  duly  authorized  under all
applicable  provisions  of law, its Articles of Incorporation, and its Bylaws to
execute,  deliver and perform this Agreement, the Convertible Note and the other
Loan  Documents  to which it is a party, and all other action on the part of the
Borrower  required  for  the  lawful execution, delivery and performance thereof
have  been duly taken. This Agreement and the other Loan Documents, if any, upon
the  due  execution and delivery thereof, are valid and enforceable instruments,
obligations  or  agreements  of the parties, in accordance with their respective
terms,  except  as  to  enforcement  of  creditors rights generally. Neither the
execution  of  this  Agreement and the Loan Documents, nor the fulfillment of or
compliance  with  their  provisions  and  terms,  conflicts with, or has or will
result  in  a  breach of the terms, conditions or provisions of, or constitute a
violation  of  or default under: (a) any applicable law, regulation, order, writ
or  decree; or (b) any agreement or instrument to which the Borrower is a party,
or  create any lien, charge or encumbrance upon any of the property or assets of
any of them pursuant to the terms of any agreement or instrument to which any of
them  is  a party or by which any of them are bound except those in favor of the
Lender  expressly  created  hereunder.

     3.3  Capitalization.  As of the date hereof, the total number of authorized
shares  of  common  stock of the Borrower (the "Common Stock") is 100,000,000 of
which  5,750,000  shares  are  issued  and  outstanding  and the total number of
authorized  shares of preferred stock of the Borrower (the "Preferred Stock") is
10,000,000  shares,  none of which are issued and outstanding. Borrower does not
have any authorized shares of preferred stock. The outstanding capitalization of
the  Borrower as of the date hereof is set forth in Schedule 3.3 annexed hereto.
Except as otherwise disclosed in Schedule 3.3, there are no warrants, options or
preemptive  rights  authorized  or  outstanding  with  respect  to  any  of  the
Borrower's capital stock. The Borrower shall not issue any derivative securities
without  the  express  written  consent  of  the  Lender.

     3.4 Stock Ownership. The stockholders, which are reflected on Schedule 3.3,
are  holders  of  all  of the issued and outstanding Common Stock and, except as
contemplated  by  the Loan Documents and Schedule 3.3, there are no commitments,
agreements  or  undertakings  with respect to the issuance of any equity or debt
securities  of  the  Borrower.

     3.5  Material Liabilities. The sole outstanding material liabilities of the
Borrower  are  set  forth  on  Schedule  3.5  annexed  hereof.

                                        7
<PAGE>
     3.6  Proceeds  of  Convertible Note. The Borrower shall use the proceeds of
the Convertible Note solely for those purposes set forth on Schedule 2.3 hereof.

     3.7  Registration Rights. Except as set forth in Schedule 3.7, there are no
registration  rights  agreements  with  respect to any of the Borrower's capital
stock.

     3.8  Material Agreements. Except for those agreements set forth on Schedule
hereof, there are no other material agreements to which the Borrower is a party.

     3.9  Title  to Assets. The Borrower has good and marketable title to all of
its properties and assets, all of which are free and clear of any and all liens,
mortgages,  pledges,  encumbrances  or  charges of any kind or nature whatsoever
(collectively,  "Liens").

     3.10  Litigation. There are no pending or threatened actions or proceedings
before  any  court,  any  state,  provincial  or federal regulatory body, or any
self-regulatory  organization  arbitrator or governmental or administrative body
or  agency  which  would have a Material Adverse Effect or in any way materially
affect  or  call  into question the power and authority of the Borrower to enter
into  or  perform  this  Agreement  and  the  Loan  Documents.

     3.11 Taxes. The Borrower has filed all income tax returns (if any) required
to  be  filed by it and all taxes due thereon have been paid, and no controversy
in  respect  of  additional  income  taxes,  municipal, state or federal, of the
Borrower  is  pending  or  threatened.

     3.12 Agreements or Restrictions Affecting the Borrower. The Borrower is not
a  party  to  or  otherwise bound by any contract or agreement or subject to any
restrictions  which  would  have  Material  Adverse  Effect  or  restricts  the
Borrower's  ability to enter into this Agreement or any of the other of the Loan
Documents  or  the  Borrower's  ability  to effect the transactions contemplated
therein  and  herein.

     3.13 Governmental Approval. No approval of any federal, state, municipal or
other local governmental authorities is necessary to carry out the terms of this
Agreement  and  the Loan Documents, and no consents or approvals are required in
the  making  or performance of this Agreement and the Loan Documents.

     3.14 Board of Directors. The Board of Directors of the Borrower consists of
Cecile  Coady.

     3.15 No Untrue Statements. None of this Agreement or the Loan Documents nor
any other agreements, reports, schedules, certificates or instruments heretofore
or  simultaneously  with  the  execution  of this Agreement delivered to Lender,
contains any misrepresentation or untrue statement of fact or omits to state any
fact  necessary to make any of such agreements, reports, schedules, certificates
or  instruments  not  misleading.

     3.16  Employee  Benefit  Plans.

     (a)     Borrower  has disclosed to Lender in writing prior to the execution
of  the  Agreement  and  has listed on Schedule 3.16 all Borrower Benefit Plans.
Attached  to  Schedule 3.16 are correct and complete copies, in each case of all

                                        8
<PAGE>
Borrower  Benefit  Plans.  For  purposes  of  this  Agreement, "Borrower Benefit
Plans"  means all pension,  retirement,  profit-sharing,  deferred compensation,
stock option, employee stock ownership, severance pay, vacation, bonus, or other
incentive  plan, all other written employee agreements or programs, all medical,
vision,  dental,  or other health plans, all life insurance plans, and all other
employee  benefit  plans or fringe benefit plans, including, without limitation,
"employee  benefit  plans"  as  that  term  is  defined in Section 3(3) of ERISA
maintained  by,  sponsored  in  whole  or  in part by, or contributed to by, the
Borrower  or  any  of  its  Affiliates  for  the  benefit  of managers, members,
employees, retirees, dependents, spouses, directors, independent contractors, or
other  beneficiaries  and  under  which  managers, members, employees, retirees,
dependents,  spouses, directors, independent contractors, or other beneficiaries
are  eligible  to  participate.  Any  of  the Borrower Benefit Plans which is an
"employee  welfare  benefit  plan,"  as  that term is defined in Section 3(l) of
ERISA, or an "employee pension benefit plan," as that term is defined in Section
3(2)  of  ERISA,  is referred to herein as a "Borrower ERISA Plan." Any Borrower
ERISA  Plan which is also a "defined benefit plan" (as defined in Section 414(j)
of the Internal Revenue Code or Section 3(35) of ERISA) is referred to herein as
a "Borrower Pension Plan." Neither Borrower nor any Affiliate has an "obligation
to  contribute" (as defined in ERISA Section 4212) to a "multiemployer plan" (as
defined  in  ERISA  Sections  4001(a)(3)  and  3(37)(A)). Each "employee pension
benefit  plan,"  as  defined  in  Section  3(2) of ERISA, ever maintained by the
Borrower  or  any Affiliate that was intended to qualify under Section 401(a) of
the  Internal  Revenue  Code  and  with  respect  to which any Affiliate has any
liability,  is  disclosed  as  such  in  Schedule  3.16.

     (b)  Borrower  has attached to Schedule 3.16 correct and complete copies of
the  following documents: (i) all trust agreements or other funding arrangements
for  such  Borrower  Benefit  Plans  (including  insurance  contracts),  and all
amendments  thereto;  (ii)  with  respect  to any such Borrower Benefit Plans or
amendments,  all  determination  letters,  rulings, opinion letters, information
letters,  or  material advisory opinions issued by the Internal Revenue Service,
the  United  States  Department  of  Labor,  or  the  Pension  Benefit  Guaranty
Corporation after December 31, 1994; (iii) annual reports or returns, audited or
unaudited  financial  statements,  actuarial valuations and reports, and summary
annual  reports  prepared for any Borrower Benefit Plan with respect to the most
recent  plan  year;  and  (iv) the most recent summary plan descriptions and any
material  modifications  thereto.

     (c)  All  Borrower  Benefit  Plans  are  in  material  compliance  with the
applicable  terms  of ERISA, the Internal Revenue Code, and any other applicable
laws,  the  breach  or  violation  of  which  is  reasonably  likely  to  have,
individually  or  in  the  aggregate, a Material Adverse Effect on the Borrower.
Each  Borrower  ERISA Plan currently maintained by Borrower which is intended to
be  qualified  under  Section 401(a) of the Internal Revenue Code has received a
favorable  determination  letter from the Internal Revenue Service, and Borrower
is  not  aware  of  any  circumstances  which will or could reasonably result in
revocation  of any such favorable determination letter. Each trust created under
any  Borrower ERISA Plan, which is an "employee pension benefit plan" as defined
in  Section  3(2)  of  ERISA,  has  been  determined to be exempt from tax under
Section  501(a)  of  the  Internal Revenue Code and Borrower is not aware of any
circumstance  which  will  or  could  reasonably  result  in  revocation of such
exemption.  With  respect to each Borrower Benefit Plan to the best knowledge of
Borrower,  no  event  has occurred which will or could reasonably give rise to a
loss  of any intended tax consequences under the Internal Revenue Code or to any
tax  under  Section  511 of the Internal Revenue Code that is reasonably likely,
individually or in the aggregate, to have a Material Adverse Effect on Borrower.

                                        9
<PAGE>
There  is  no  material  pending  or,  to  the  best  knowledge of the Borrower,
threatened  litigation  relating  to  any  Borrower  ERISA  Plan.

     (d)  No Affiliate has engaged in a transaction with respect to any Borrower
Benefit Plan that, assuming the taxable period of such transaction expired as of
the  date  of  this  Agreement, would subject any Affiliate to a material tax or
penalty  imposed  by either Section 4975 of the Internal Revenue Code or Section
502(i)  of ERISA in amounts which are reasonably likely to have, individually or
in  the  aggregate, a Material Adverse Effect on Borrower. Neither Borrower nor,
to  the  best  of  Borrower's  knowledge,  any administrator or fiduciary of any
Borrower  Benefit Plan (or any agent of any of the foregoing) has engaged in any
transaction,  or  acted  or  failed  to  act  in  any manner which could subject
Borrower  to  any  direct  or indirect liability (by indemnity or otherwise) for
breach  of  any  fiduciary,  co-fiduciary, or other duty under ERISA, where such
liability,  individually  or  in  the  aggregate, is reasonably likely to have a
Material  Adverse  Effect  on  the  Borrower.  To its best knowledge, no oral or
written  representation  or  communication  with  respect  to  any aspect of the
Borrower  Benefit  Plans  has  been  made  to  employees  of the Borrower or any
Affiliate  which  is not in accordance with the written or otherwise preexisting
terms  and  provisions  of  such plans, where any liability with respect to such
representation  or  disclosure  is  reasonably likely to have a Material Adverse
Effect  on  Borrower.

     (e)  Since  the date of the most recent actuarial valuation, there has been
(i)  no  material  change  in  the  financial  position  or funded status of any
Borrower  Pension Plan, (ii) no change in the actuarial assumptions with respect
to  any  Borrower  Pension  Plan,  and  (iii)  no increase in benefits under any
Borrower  Pension  Plan  as a result of plan amendments or changes in applicable
Law,  any  of  which  is  reasonably  likely  to  have,  individually  or in the
aggregate,  a  Material Adverse Effect on Borrower. No Borrower Pension Plan has
an  "accumulated  funding  deficiency"  within the meaning of Section 412 of the
Internal Revenue Code or Section 302 of ERISA. All contributions with respect to
a  Borrower  Pension  Plan  have  or will be timely made and there is no lien or
expected  to  be  a  lien  under  Internal  Revenue Code Section 412(n) or ERISA
Section  302(f)  or  tax  under  Internal Revenue Code Section 4971. Neither the
Borrower  nor any Affiliate has provided, or is required to provide, security to
a  Borrower  Pension Plan pursuant to Section 401(a)(29) of the Internal Revenue
Code. All premiums required to be paid under ERISA Section 4006 have been timely
paid  by  Borrower,  except  to the extent any failure would not have a Material
Adverse  Effect  on  Borrower.

     (f)  No  liability  under  Title  IV of ERISA has been or is expected to be
incurred  by  the  Borrower or any Affiliate with respect to any defined benefit
plan currently or formerly maintained by any of them that has not been satisfied
in full (other than liability for Pension Benefit Guaranty Corporation premiums,
which  have been paid when due), except to the extent any failure would not have
a  Material  Adverse  Effect  on  Borrower.

     (g)  The  Borrower and any Affiliate have no obligations for retiree health
and  retiree  life  benefits  under any of the Borrower Benefit Plans other than
with  respect  to  benefit  coverage  mandated  by  applicable  Law.

     (h)  Except  as  disclosed  in  Schedule 3.16(h), neither the execution and
delivery of this Agreement nor the consummation of the transactions contemplated

                                       10
<PAGE>
hereby  will,  by  themselves,  (1)  result  in  any payment (including, without
limitation,  severance,  unemployment  compensation,  golden  parachute,  or
otherwise) becoming due to any manager, director or any employee of the Borrower
or  Affiliate  under  any  Borrower  Benefit Plan or otherwise, (2) increase any
benefits otherwise payable under any Borrower Benefit Plan, or (3) result in any
acceleration  of  the  time  of  payment  or  vesting  of  any  such  benefit.

     (i) Except as set forth in the Schedule 3.16(i), Borrower does not maintain
or  otherwise  pay  for  life  insurance  policies  (other  than group term life
policies  on  employees)  with  respect  to  any  manager,  director, officer or
employee.  Schedule 3.16(i) lists each such insurance policy and includes a copy
of  each  agreement  with  a  party  other  than the insurer with respect to the
payment,  funding  or  assignment  of  such  policy.  To  the best of Borrower's
knowledge,  neither  Borrower  nor any Borrower Pension Plan or Borrower Benefit
Plan  owns any individual or group insurance policies issued by an insurer which
has  been  found  to  be  insolvent  or is in rehabilitation pursuant to a state
proceeding.

SECTION  4.     Conditions  Precedent  to  Making  Loan.

     The  Lender  shall  not  be  obligated  to  make  the Loan until all of the
following  conditions  have  been satisfied by proper evidence, execution and/or
delivery  to  the  Lender  of  the  following  items, all in form, and substance
reasonably  satisfactory  to  the  Lender:

     (a)  The  Convertible  Note;

     (b)  This  Agreement;

     (c)  Collateral  Mortgage and Assignment of Lease and working interest held
          by  Borrower;

     (d)  The Pledge Agreement pledging 2001 Hackberry Drilling Fund, LP and the
          note  receivable  from  Global  Genomics  Capital,  Inc.

     (e)  A  Security  Agreement  and UCC-1 for the Borrower and any Subsidiary;

     (f)  The  Warrant;

     (g)  Unanimous  consent  of  the Board of Directors of the Borrower and all
          Subsidiaries,  certified  by  the  Secretary of the Borrower as of the
          Closing  Date,  approving  or  otherwise  ratifying  the  transactions
          contemplated  by  this  Agreement,  and  approving  the  form  of this
          Agreement and the Loan Documents, and authorizing execution, delivery,
          and  performance  thereof;

     (h)  Specimen  signatures  of  the  officer  of the Borrower and Subsidiary
          executing  this  Agreement  and  the  Loan  Documents, and the officer
          authorized  to  borrow  under  the  Loan  Documents,  certified by the
          Secretary  of  the  Borrower  or  Subsidiary;

     (i)  A  copy  of the Articles of Incorporation, certified by an official of
          the  Borrower's jurisdiction of formation or incorporation and further

                                       11
<PAGE>
          certified  by  the  Secretary  of Borrower not to have been altered or
          amended since certification by such official; and a copy of the Bylaws
          of the Borrower, certified as true and correct by the Secretary of the
          Borrower;

     (j)  Such  other  instruments,  documents  or  items  as  the  Lender  may
          reasonably  request;

     (k)  No  Event  of Default shall have occurred and be continuing under this
          Agreement,  the Convertible Note or any other Loan Document, nor shall
          the  Borrower  be  in default under any other document or agreement to
          which  it is a party or by which it or any of its properties or assets
          are  bound;  and

     (l)  Payment  of  the origination and commitment fees referenced in Section
          2.1  hereof.

     SECTION  5.  Affirmative Covenants. The Borrower covenants that, so long as
any  portion  of  the Liabilities remains unpaid and unless the Lender otherwise
consents  in  writing,  it  will:

     5.1  Taxes  and  Liens.  Promptly  pay,  or  cause  to  be paid, all taxes,
assessments  and  other  governmental  charges  which  may lawfully be levied or
assessed upon the income or profits of the Borrower, or upon any property, real,
personal or mixed, belonging to the Borrower, or upon any part thereof, and also
any lawful claims for labor, material and supplies which if unpaid, might become
a  lien  or  charge  against  any such property; provided, however, the Borrower
shall  not be required to pay any such tax, assessment, charge, levy or claim so
long as the validity thereof shall be actively contested in good faith by proper
proceedings; but provided further that any such tax, assessment, charge, levy or
claim  shall  be paid or bonded in a manner satisfactory to the Lender forthwith
upon  the  commencement  of proceedings to foreclose any lien securing the same.

     5.2  Business and Existence. Do or cause to be done all things necessary to
preserve  and  to  keep  in  full force and effect any licenses necessary to the
business  of the Borrower, its corporate existence and rights of its franchises,
trade  names,  trademarks,  and  permits  which are reasonably necessary for the
continuance  of its business; and continue to engage principally in the business
currently  operated  by  the  Borrower.

     5.3  Insurance  and Properties. Keep its business and properties insured at
all  times with responsible insurance companies and carry such types and amounts
of  insurance as are required by all federal, state and local governments in the
areas  which  Borrower  does  business  and  as  are usually carried by entities
engaged  in  the  same  or  similar  business  similarly  situated. In addition,
Borrower shall maintain in full force and effect policies of liability insurance
in  amounts  at  least  equal  to  that  currently  in  effect.

     5.4  Maintain Property. Maintain its property in good order and repair and,
from  time  to time, make all needed and proper repairs, renewals, replacements,
additions  and  improvements  thereto,  so  that  the business carried on may be
properly  and  advantageously  conducted at all times in accordance with prudent
business  management,  and  maintain  annually adequate reserves for maintenance
thereof.
                                       12
<PAGE>
     5.5  True  Books. Keep true books of record and account in which full, true
and  correct  entries  will be made of all of its dealings and transactions, and
set  aside  on  its books such reserves as may be required by Generally Accepted
Accounting  Principles,  consistently  applied,  with  respect  to  all  taxes,
assessments,  charges,  levies and claims referred to in Section 5.1 hereof, and
with respect to its business in general, and include such reserves in interim as
well  as  year-end  financial  statements.

     5.6  Pay  Indebtedness to Lender and Perform Other Covenants. (a) Make full
and  timely payment of the principal of and interest on the Convertible Note and
all  other  indebtedness  of the Borrower to the Lender, whether now existing or
hereafter  arising,  including the payment of fees; and (b) duly comply with all
terms and covenants contained in this Agreement, the Convertible Note, the other
Loan  Documents  and  any  other  instruments  and documents given to the Lender
pursuant  to  this  Agreement.

     5.7 Right of Inspection. Permit any person designated by the Lender, at the
Lender's  expense,  to  visit  and  inspect  any  of  the  properties, books and
financial reports of the Borrower, all at such reasonable times upon forty-eight
(48)  hours  prior notice to Borrower, and as often as the Lender may reasonably
request, provided the Lender does not interfere with the daily operations of the
Borrower.

     5.8  Observance  of Laws. Conform to and duly observe all laws, regulations
and  other  valid  requirements  of any regulatory authority with respect to the
conduct  of  its  business.

     5.9  Borrower's  Knowledge  of  Default. Upon an officer or director of the
Borrower  obtaining  knowledge  of, or threat of, an Event of Default hereunder,
cause  such  officer  to  promptly,  within no more than ten (10) business days,
deliver  to  the Lender notice thereof specifying the nature thereof, the period
of existence thereof, and what action the Borrower proposes to take with respect
thereto.

     5.10  Notice  of  Proceedings.  Upon an officer or director of the Borrower
obtaining  knowledge  of  any  material litigation, dispute or proceedings being
instituted  or  threatened  against  the  Borrower,  or  any  attachment,  levy,
execution  or other process being instituted against any assets of the Borrower,
cause such officer to promptly, within no more than ten (10) business days, give
the  Lender  written  notice  of  such  litigation,  dispute,  proceeding, levy,
execution  or  other  process.

     5.11  Payment  of  Lender's  Expenses.  If  at any time or times hereafter,
Lender  employs counsel in connection with the execution and consummation of the
transactions contemplated by this Agreement or to commence, defend or intervene,
file  a  petition,  complaint,  answer, motion or other pleading, or to take any
action  in  or  with respect to any suit or proceeding (bankruptcy or otherwise)
relating  to  this Agreement or any other Loan Document, or any other agreement,
guaranty,  Convertible  Note,  instrument  or document heretofore, now or at any
time  or  times  hereafter  executed  by Borrower and delivered to Lender, or to
enforce any rights of Lender hereunder whether before or after the occurrence of
any  Event of Default, or to collect any of the Liabilities, then in any of such
events,  all  of  the reasonable attorneys' fees arising from such services, and
any  expenses,  costs  and  charges  relating  thereto,  shall  be  part  of the

                                       13
<PAGE>
Liabilities,  payable  on  demand. In connection the initial loan documentation,
counsel  fees  shall  fees  shall  not  exceed  $15,000.

     5.12 Lender's Representative. Borrower hereby grants to a representative of
the  Lender the right to attend and observe all Meetings of the Borrower's Board
of  Directors  held  during the period commencing on the Closing Date and for so
long as any Liabilities are due and owing to Lender, provided that said designee
is reasonably acceptable to the Board of Directors of the Borrower. The Borrower
shall  cause  such  designee  to  receive  written  notice  of  all  meetings of
Borrower's  Board  of  Directors  as if such designee was a member of Borrower's
Board of Directors. Borrower and Lender agree that the initial selected designee
will be Scott Cook. Lender's designee shall be reimbursed for all reasonable and
customary out of pocket expenses relating to his service on the Board and or any
Committee  thereof, and shall receive such compensation, if any, all as shall be
commensurate  with  reimbursements  and  payments received by other non-employee
directors.  Borrower  hereby  agrees to provide Lender's designee with a copy of
all  written  consents of Borrower's Board of Directors within ten business days
after  the  date  of  any  such  consents.

     5.13  Financial  Reporting.  The  Borrower  shall provide to Lender audited
annual  financial  statements,  audited  by  mutually  agreed  upon  independent
certified public accounting firm. Said financial statements shall be prepared in
accordance  with Generally Accepted Accounting Principles, consistently applied,
and  shall be delivered to Lender within ninety (90) days after the close of the
Borrower's fiscal year. The report of the auditor that accompanies the financial
statements  shall  not contain any qualifications or limitations. The Borrower's
fiscal  year  ends  on  December  31, and shall not be changed without the prior
written  consent  of  the Lender. The Borrower shall provide to Lender unaudited
monthly financial statements (including month to date and year to date actual to
prior  periods)  and  a  report  in  the  form  of  Exhibit 2, both presented in
accordance  with Generally Accepted Accounting Principles ("GAAP"), consistently
applied, and shall be delivered to Lender within twenty-five (25) days after the
close  of  the  Borrower's  month. Borrower shall also deliver any other reports
reasonably  requested by Lender.

     5.14  Financial  Covenants. As of the date hereof and until the Termination
Date,  the  Borrower  must  maintain  the  following  ratios:

     (a)  Cash Interest Coverage. Until the Termination Date, the Borrower shall
maintain  a  Consolidated EBITDA ratio, based on any of the Borrower's quarterly
financial  statements  (as determined on the last day of each fiscal quarter for
the  immediately  preceding quarter), of 2.0 or greater. The Consolidated EBITDA
ratio  is  defined  as  Consolidated  EBITDA  divided  by  Interest  Expense
(Consolidated  EBITDA  Interest  Expense).

     (b)  Cash Flow Coverage Ratio. The ratio of (a) the Borrower's Cash Flow to
(b)  the  sum  of (i) the Borrower's consolidated Interest Expense plus (ii) the
Borrower=s scheduled payments of principal (including the principal component of
Capital  Leases)  to  be  paid  during  the  12  months  following  any  date of
determination  shall  at  all  times  exceed (1) 1.5 to 1.0. Compliance with the
ratio  will  be  tested  as  of  the  last day of each month, with Cash Flow and
Interest  Expense  being  calculated  for  the  twelve  months  then  ended.

                                       14
<PAGE>
     (c)  Current Ratio. The Borrower will at all times maintain a Current Ratio
of  not  less  than 1.5 to 1.0. The Current Ratio shall be calculated and tested
quarterly  as  of  the  last  day  of  each  fiscal  quarter  of  the  Borrower.

     (d)  Actual  versus Budget. The Borrower shall on a quarterly basis achieve
75  percent  of  its  budgeted revenue and income. Budget numbers shall be those
delivered  to  Lender  contemporaneously herewith and then on an annual calendar
basis.

     5.15  Certificate  of  Covenant  Compliance  On the last day of each March,
June,  September  and  December, the Borrow will issue a Certificate of Covenant
Compliance,  executed  by  either the Chief Executive Officer or Chief Financial
Officer  in the form of Schedule 5.16 attached hereto. If the Borrower is not in
compliance with the covenants specified in Sections 5 and 6 herein, the Borrower
will  modify the Certificate of Covenant Compliance by stating the exception and
providing  a  detailed  explanation  of  the  non-compliance.

     SECTION  6.  Negative Covenants. The Borrower covenants and agrees that, so
long  as  any  portion  of  the Liabilities remains unpaid and unless the Lender
otherwise  gives its prior written consent, it will not, directly or indirectly:

     6.1  Mortgages,  Liens,  Etc. Incur, create, assume or permit to exist, any
mortgage,  pledge,  security  interest, encumbrance, lien or charge of any kind,
including  liens  arising  under  conditional  sales  or  other  title retention
agreements  upon  any of its assets or properties of any character other than in
the  ordinary  course  of  business,  without  the  prior written consent of the
Lender.  Lender shall subordinate its security position to a senior lender under
documentation  and  terms  acceptable  to  Lender.

     6.2  Capital  Expenditures.  Make  or become committed to make, directly or
indirectly,  any capital expenditures (including written limitation, capitalized
leases)  amounting  to  in excess of $50,000 in the aggregate, without the prior
written  consent  of  the  Lender.

     6.3 Loans and Investments. Lend or advance money, credit or property to any
Person,  or  invest  in  (by  capital contribution or otherwise), or purchase or
repurchase  the  stock or indebtedness or assets or properties of any Person, or
agree to do any of the foregoing, other than in the ordinary course of business,
without  the  prior  written  consent  of  the  Lender.

     6.4  Guarantees.  Assume,  endorse  or otherwise become or remain liable in
connection  with  the  obligations  (including  accounts  payable)  of any other
Person,  other  than  in  the  ordinary  course  of  business.

     6.5  Sale  of  Assets,  Dissolution,  Etc. Transfer, sell, assign, lease or
otherwise  dispose  of  any  of  its  properties  or  assets,  or  any assets or
properties  necessary  or  desirable  for the proper conduct of its business, or
transfer,  sell,  assign  or  otherwise  dispose of any of its Convertible Note,
accounts,  or  contract  rights  to  any  Person,  or  change  the nature of its
business,  wind-up,  liquidate  or  dissolve,  or agree to any of the foregoing,
other than in the ordinary course of business, without the prior written consent
of  the  Lender.

                                       15
<PAGE>
     6.6  Acquisition  of  Assets.  Permit the purchase, acquisition or lease of
assets  of any Person or Persons, other than in the ordinary course of business,
without  the  prior  written  consent  of  Lender.

     6.7 Compensation. The Borrower must not increase the compensation of any of
its  officers  or  consultants  making  more  than  $100,000  per year, hire any
relative of any officer, director or shareholder of the Borrower, or pay a bonus
to  any  such  person.

     6.8  Indebtedness.  Incur,  create,  assume  or  permit  to  exist,  any
indebtedness  or  obligation  or  enter  into  or  extend  or amend any material
agreement  or  lease in excess of $100,000, without the prior written consent of
Lender.

     6.9 Subsidiaries. Establish or form a partially or wholly owned subsidiary.

     SECTION  7.  Events  of  Default.

     7.1  Defaults.  Each  of the following shall constitute an Event of Default
(an "Event of Default") hereunder: (a) the failure to pay when due any principal
or  interest hereunder or under the Convertible Note and the continuance of such
failure  for  a  period  of  ten  (10)  business  days thereafter; (b) any other
violation  by  the  Borrower  of any recital, funding condition, representation,
warranty,  covenant  or  agreement  contained in this Agreement or in any of the
Loan  Documents;  or  any  violation  by  the  Borrower  of any recital, funding
condition,  representation,  warranty,  covenant  or  agreement contained in any
other  document  or  agreement to which the Borrower and the Lender are parties;
(c) any change in the majority of the Board of Directors or of the management or
in  the control of the Borrower which is not contemplated in Section 5.12 herein
or  previously  approved  by  the  advance  written  consent  of the Lender; (d)
execution  of  any  agreement,  letter,  memorandum  of understanding or similar
document  relating  to the transfer, disposition or sale of all or substantially
all  of the assets of the Borrower to anyone without the approval of the Lender;
(e)  an  assignment  for  the  benefit  of  creditors  by  the  Borrower; (f) an
application  for the appointment of a receiver or liquidator for the Borrower or
any  of  its material assets; (g) an issuance of an attachment or the entry of a
judgment  against  the  Borrower  in  excess  of  $50,000;  (h) a default by the
Borrower  with respect to any other indebtedness in excess of $50,000 due to the
Lender;  (i)  the  making  or  sending  of a notice of intended bulk sale by the
Borrower;  (l)  the  issuance  of  a  determination  by  a  court  of  competent
jurisdiction  that one or more Loan Documents or one or more material provisions
of  any Loan Document is unenforceable, or the issuance of an injunction against
the  enforcement  of  any such Loan Document or material provision; (m) upon the
reasonable  determination  by  the Lender that there has been a Material Adverse
Effect;  and  (n)  the occurrence of an Activity Event of Default (as defined in
Section  8.6  herein).  Upon  the  occurrence  of any of the foregoing Events of
Default,  the  Convertible Note and the Loan will be considered to be in default
and the entire unpaid principal sum hereof, together with accrued interest, will
at  the option of the holder thereof become immediately due and payable in full.
Upon  the  occurrence  of  an  Event  of  Default,  the  Borrower  agrees to pay
reasonable  collection  costs and expenses, including reasonable attorneys' fees
and  interest  (cash  only, not stock) at the lesser of: (i) 18% per annum (cash
only, not stock) or (ii) the maximum rate allowed under applicable law, from the
date  of the default at the maximum rate permitted by law computed on the unpaid
principal  balance.

                                       16
<PAGE>
     SECTION  8. SBIC Provisions. The Borrower acknowledges that the Lender is a
small  business  investment company licensed by the United States Small Business
Administration,  and  makes  the  following  representations,  warranties  and
covenants  to  Lender:

     8.1  Small  Business  Concern.  The Borrower represents and warrants to the
Lender  that the Borrower, taken together with its "affiliates" (as that term is
defined  in 13 C.F.R. 121.103), is a "Small Business Concern" within the meaning
of 15 U.S.C. 662(5), that is Section 103(5) of the Small Business Investment Act
of  1958,  as  amended (the "Act"), and the regulations thereunder, including 13
C.F.R.  107,  and meets the applicable size eligibility criteria set forth in 13
C.F.R. 121.301(c)(1) or the industry standard covering the industry in which the
Borrower  is  primarily engaged as set forth in 13 C.F.R. 121.301(c)(2). Neither
the Borrower nor any of its subsidiaries presently engages in any activities for
which  a small business investment company is prohibited from providing funds by
the  SBIC  Act,  including  13  C.F.R.  107.

     8.2  Small  Business Administration Documentation. On or before the Closing
Date,  Lender shall have received SBA Form 480 (Size Status Declaration) and SBA
Form 652 (Assurance of Compliance) which have been completed and executed by the
Borrower,  and  SBA Form 1031 (Portfolio Finance Report), Parts A and B of which
have  been  completed  by  the  Borrower  (the  "SBA  Documents").

     8.3 Inspection. The Borrower will permit the Lender or its representatives,
at  Borrower's  expense,  and  examiners  of  the  SBA  to visit and inspect the
properties  and  assets  of  the  Borrower,  to examine its books of account and
records,  and  to discuss the Borrower's affairs, finances and accounts with the
Borrower's  officers,  senior management and accountants, all at such reasonable
times  as  may  be  requested  by  the  Lender  or  SBA.

     8.4  Informational  Covenant.  Within  sixty (60) days after the end of the
fiscal  year of the Borrower, the Borrower will furnish or cause to be furnished
to  Lender information required by the SBA concerning the economic impact of the
Lender's  investment, for (or as of the end of ) each fiscal year, including but
not  limited  to,  board  minutes,  information  concerning full-time equivalent
employees;  Federal, state and local income taxes paid; gross revenue; source of
revenue  growth;  after-tax profit and loss; and Federal, state and local income
tax  withholding.  Such  information  shall  be  forwarded by Borrower on a form
provided  by the Lender. The Borrower also will furnish or cause to be furnished
to  the  Lender  such  other  information  regarding  the  business, affairs and
condition  of  the  Borrower  as  the  Lender  may  from time to time reasonably
request.

     8.5 Use of Proceeds. Subject to Section 2.3, the Borrower certifies that it
will  use  the  proceeds  from  the Loan for the purposes and in the amounts set
forth on Schedule 2.3. The Borrower will deliver to the Lender from time to time
promptly  following the Lender's request, a written report, certified as correct
by  an  officer,  verifying the purposes and amounts for which proceeds from the
Loan  have  been  disbursed. Subject to Section 2.3, the Borrower will supply to
the  Lender  such  additional information and documents as the Lender reasonably
requests with respect to its use of proceeds, and will permit the Lender to have
access  to  any  and  all  Borrower records and information and personnel as the
Lender  deems  necessary  to  verify  how  such  proceeds  have  been  or

                                       17
<PAGE>
are  being used, and to assure that the proceeds have been used for the purposes
specified  on  Schedule  2.3.

     8.6  Activities  and  Proceeds.

     (a)  Neither  the  Borrower nor any of its affiliates (as defined in above)
will  engage  in  any activities or use directly or indirectly the proceeds from
the  Loan  for  any  purpose  for  which  a small business investment company is
prohibited  from  providing  funds  by  the  SBIC  Act, including 13 C.F.R. 107.

     (b)  Without  obtaining  the  prior  written  approval  of  the Lender, the
Borrower  will not change within one (1) year of the Closing Date the Borrower's
business  activity  from  that  described on Schedule 8.6 to a business activity
which  a small business investment company is prohibited from providing funds by
the SBIC Act. The Borrower agrees that any such changes in its business activity
without  such  prior  written  consent  of the Lender will constitute a material
breach  of  the  obligations  of  the Borrower under this Agreement and the Loan
Documents  (an  "Activity  Event  of  Default").

     SECTION  9.  Miscellaneous.

     9.1  Registration  Rights.  (a)  Registrable  Securities  shall  be  fully
registered and freely tradeable within 180 days from the closing of the Loan. If
the  Borrower  for  any  reason  fails  to have the Registrable Securities fully
registered  within  180  days  from  closing of the Loan, then, at the option of
Lender,  for  each  full  calendar month that the Registrable Securities are not
fully  registered,  Borrower  shall  issue  0.1  %  of  its  common  shares then
outstanding  computed  on  a  fully  diluted  basis per day until the shares are
registered.

     (b)  If  at  any  time  after  the  date  hereof, the Borrower shall file a
registration  statement  relating  to  any of its securities, it will notify the
Holder  in  writing  and,  upon the Holder's request, will include the offer and
sale of Registrable Securities in such registration statement. In the event that
the  Borrower  fails include Registrable Securities in a piggy back statement as
required herein, the Borrower shall give notice demanding a registration and 105
days  after  the  notice  the  Borrower  shall  prepare  and file a registration
statement  with  the  SEC  with  respect  to such Registrable Securities. If the
Borrower  fails  to file within said time period, then, at the option of Lender,
for  each  full  calendar  month  that  the Registrable Securities are not fully
registered,  Borrower shall Borrower shall issue 0.1 % of its common shares then
outstanding  computed  on  a  fully  diluted  basis per day until the shares are
registered.

     (c) Whenever required to include Registrable Securities in any registration
or  to  effect  the  registration of any Registrable Securities pursuant to this
Agreement,  the  Borrower shall, as expeditiously as reasonably possible prepare
and  file with the SEC a registration statement with respect to such Registrable
Securities  and  use its absolute best lawful efforts to cause such registration
statement  to  become  effective, and use its absolute best efforts to keep such
registration statement effective until all such Registrable Securities have been
distributed.  In  addition,  the  Borrower  shall use its best lawful efforts to
register and qualify the securities covered by such registration statement under
such  other  securities  or  Blue  Sky  laws  of  such jurisdictions as shall be

                                       18
<PAGE>
reasonably  requested  by  the  Holders, provided that the Borrower shall not be
required  in  connection  therewith  or  as  a condition thereto to qualify as a
broker-dealer  in  any  states  or  jurisdictions or to do business or to file a
general  consent  to service of process in any such states or jurisdictions.

     (d)  All  expenses,  other  than  underwriting  discounts  and  commissions
incurred in connection the registrations contemplated herein, including, without
limitation,  all  registration,  filing  and  qualification  fees, printers' and
accounting  fees,  fees  and  disbursements of counsel for the Borrower, and the
reasonable  fees and disbursements of one counsel for the selling Holders, shall
be  borne  by  the  Borrower.

     (e)  Subject  to  the  terms  and  conditions  of  this  Agreement  and the
Convertible  Notes,  the  right  to  cause  the Borrower to register Registrable
Securities  pursuant  to  this  Agreement  may  be  assigned  by  Holder  to any
transferee  or  assignee  of  such  securities; provided that said transferee or
assignee  is  a  transferee  or  assignee  of  at least five percent (5%) of the
Registrable  Securities.

     9.2  Computation  of  Interest  and  Payment  and  Prepayment of Principal.
Interest on the Convertible Note shall be computed on the basis of a year of 365
days. If any principal amount under the Convertible Note becomes due and payable
on other than a Business Day, the maturity thereof shall be extended to the next
succeeding  Business  Day and interest on such principal shall be payable at the
then  applicable  rate  during  such  extension  period.

     9.3  Waiver  of Default. The Lender may, by written notice to the Borrower,
at  any  time  and  from  time  to time, waive any default in the performance or
observance  of  any  condition,  covenant  or  other term hereof or any Event of
Default  which  shall  have  occurred  hereunder  and its consequences. Any such
waiver  shall  be  for  such  period  and subject to such conditions as shall be
specified  in  any such notice. In the case of any such waiver, the Borrower and
the  Lender  shall be restored to their former position and rights hereunder and
under  the  other  Loan  Documents,  and any Event of Default so waived shall be
deemed  to  be  cured and not continuing; but no such waiver shall extend to any
subsequent  or  other  Event of Default, or impair any right consequent thereon.

     9.4 Amendments and Waivers. The Lender and the Borrower may, subject to the
provisions  of  this  section,  from time to time, enter into written agreements
supplemental  hereto  for the purpose of adding any provisions to this Agreement
or  the  other Loan Documents or changing or waiving in any manner the rights or
requirements  of  the  Lender  or  of  the  Borrower hereunder. Any such written
supplemental  agreement or waiver shall be binding upon the Borrower and Lender.

     9.5  Notices.  Except  in  cases where it is expressly herein provided that
such  notice,  request or demand is not effective until received by the party to
whom  it  is  addressed,  all  notices,  requests  and  demands  to  or upon the
respective  parties  hereto  under  this  Agreement and all other Loan Documents
shall  be  deemed to have been given or made when deposited in the mail, postage
prepaid  by registered or certified mail, return receipt requested, addressed as
follows  or  to  such other address as may be hereafter designated in writing by
the  respective  parties.

                                       19
<PAGE>

                        The  Borrower:     Bepariko  Biocom
                                           One  Belmont  Plaza,  Suite  417
                                           Bala  Cynwyd,  PA  19004
                                           Attention:  Cecile  Coady
                                           Phone:  (610)  660-5906
                                           Fax  (610)  660-5905

                        The  Lender:       Gemini  Growth  Fund,  LP
                                           700  Gemini
                                           Houston,  Texas  77058
                                           Attention:  Larry  St.  Martin
                                           Phone:  (281)  488-8484
                                           Fax:  (281)  488-8404

     9.6 No Waiver; Cumulative Remedies. No waiver of any provision hereof shall
be  deemed  to  operate  as a waiver of any other provision hereof. In the event
that  the  Borrower  shall  be deemed to have waived any provision hereof at any
time,  such  waiver  shall not be deemed to have extended to any other provision
hereof at the time such waiver was deemed to have occurred or at any other time.
No  failure  to  exercise and no delay in exercising, on the part of Lender, any
right,  power  or  privilege  hereunder,  shall operate as a waiver thereof; nor
shall  any single or partial exercise of any right, power or privilege hereunder
preclude  any  other  or  further  exercise thereof or the exercise of any other
right,  power or privilege. The rights and remedies herein and in the other Loan
Documents  provided  are  cumulative and not exclusive of any rights or remedies
provided  by  law.

     9.7  Survival of Agreements. All agreements, representations and warranties
made  herein  shall survive the execution and delivery of this Agreement and the
other  Loan  Documents  and  the  making  and renewal of loans hereunder and the
termination  of  this  Agreement  and  the  other  Loan  Documents.

     9.8 Governing Law. This Agreement and the legal relations among the parties
hereto  shall  be  governed  by and construed in accordance with the laws of the
State  of  Texas  without  regard  to its conflicts of law doctrine. Each of the
parties hereto irrevocably consents to the jurisdiction of the federal and state
courts  located  in  Dallas  County,  the  State  of  Texas.

     9.9  Enforceability  of Agreement. Should any one or more of the provisions
of this Agreement be determined to be illegal or unenforceable as to one or more
of  the  parties,  all  other provisions nevertheless shall remain effective and
binding  on  the  parties  hereto,  up  to  the  full  amount  permitted by law.

     9.10  Usury  Savings Clause. Notwithstanding any other provision herein, in
the  event  that  the  aggregate interest rate charged under the Loan Documents,
including  all  charges  or fees in connection therewith deemed in the nature of
interest,  exceeds  the maximum legal rate, then the Lender shall have the right
to  make such adjustments as are necessary to reduce the aggregate interest rate
to the maximum legal rate. The Borrower waives any right to prior notice of such
adjustment  and  further  agrees  that such adjustment may be made by the Lender
subsequent to notification from the Borrower that the aggregate interest charged
                                       20
<PAGE>
exceeds  the  maximum  legal rate. There are no unwritten oral agreement between
Borrower  and  Lender.

     9.11  Execution  of  Counterparts.  This  Agreement  may be executed in any
number  of  counterparts,  each  of  which  shall be deemed to be an original as
against  any  party  whose  signature  appears  thereon,  and all of which shall
together  constitute  one  and  the  same  instrument.

     9.12  Stamp  or  Other  Taxes.  The  Borrower  agrees  to  pay  any and all
documentary,  intangible  stamp  or  excise  taxes  now  or hereafter payable in
respect  to  this  Agreement  and  the  other Loan Documents or any modification
thereof,  and  shall hold the Lender harmless with respect thereto. The Borrower
further  agrees  that  Lender  may  deduct  from any account of the Borrower the
amount  of any such documentary or intangible stamp or tax payable, the decision
of  the Lender as to the amount thereof to be conclusive, absent manifest error.

     9.13  Intentionally  deleted

     9.14  Fees  and  Expenses.  The Borrower shall reimburse the Lender for all
past  and future fees and expenses (including but not limited to the origination
and  commitment fee, reasonable out-of-pocket costs, legal expenses (as detailed
above),  offering  fees,  advisory and consulting fees, travel and communication
expenses, and reproduction costs) incurred in connection with the Loan Documents
("Fees  and  Expenses").  Fees and Expenses incurred through the Closing Date by
the  Borrower  will  be  netted against the initial proceeds received under this
Agreement.  Fees  and Expenses incurred after the Closing Date shall promptly be
paid  by the Borrower upon receipt from Lender of an invoice itemizing such Fees
and  Expenses.  Fees  and Expenses incurred hereof to an affiliate of the Lender
shall  be  included  with  the  Borrower's  Liabilities.

     9.15  Assignability.  This  Agreement  shall  inure  to  the benefit and be
binding  upon  the  parties hereto and their respective successors and permitted
assigns.  This  Agreement  and  the  Convertible Note will not be assignable, in
whole  or  in  part,  by  the Borrower, without the prior written consent of the
Lender.  This  Agreement may be assigned or transferred, in whole or in part, by
the  Lender  upon  written notice to the Borrower. A change in control of either
party  shall  be  deemed  to be an assignment. Any purported assignment effected
without  such  consent  shall  be  null  and  void.

     9.16  Complete  Agreement.  This Agreement constitutes the entire agreement
between  the parties and supersedes all agreements, representations, warranties,
statements, promises and understanding, whether oral or written, with respect to
the  subject  matter  hereof.

                            [SIGNATURE PAGE FOLLOWS]

                                       21
<PAGE>

     IN  WITNESS WHEREOF, the Borrower and the Lender have caused this Agreement
to  be  duly  executed  by their duly authorized officers, all as of the day and
year  first  above  written.

WITNESS:                             GEMINI  GROWTH  FUND,  LP
                                     By:  GEMINI  GROUP,  LLC,  its
                                          GENERAL  PARTNER

______________________________     By:_________________________
Name:                                 Scott  Cook,  Authorized  Member

WITNESS:                             BEPARIKO  BIOCOM

__________________________         By:__________________________
Name:                                   Cecile  Coady
                                        President

                                       22
<PAGE>
<PAGE>

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