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Saturday, June 03, 2006 7:11:21 PM
FORM 8-K
On August 1, 2005, the Company entered into a Consulting
Services Agreement with De Joya & Company, Inc. (see Exhibit 10).
This agreement also covers the services provided to the Company by
Arthur De Joya as chief financial officer of the Company. Under this agreement, the Company agrees to pay $3,000 each month and 5,000,000 free trading shares of common stock to be issued at the end of each quarter for a total of four quarters. The monthly fee is to increase by 10% beginning on each anniversary date of this agreement.
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