Note

PROMISSORY NOTE $8,000.00 August 10, 2006


Exhibit 10.12



$8,000.00                            August 10, 2006


FOR VALUE RECEIVED, Fresh Ideas Media, Inc. a Nevada corporation (hereinafter, referred as the “Borrower”) promises to pay to the order of American Business Services, Inc. (hereinafter, “Lender”) at Lender’s office, 6521 Ocaso Drive, Castle Rock, Colorado 80108, or at such other place as the holder of this Note may from time to time designate, in lawful money on the United States of America, the principal sum of Eight Thousand Dollars ($8,000). The following terms shall apply to this Note.

1. INTEREST RATE. For the period from the date of this Note until December 31, 2006 the note shall be interest free. After December 31, 2006 and until the date on which the entire principal balance outstanding is paid in full, interest shall accrue on the principal balance from time to time outstanding at five percent (5%).

2. REPAYMENT. Interest accrued hereunder on the outstanding principal amount shall be paid annually in arrears, beginning on December 31, 2006, or earlier with repayment of the entire amount of principal. The entire amount of principal outstanding, together with all accrued unpaid interest thereon at the rate hereinabove specified, shall be due and payable in full on or before June 1, 2007.


This Promissory Note is entered into this 10th day of August 2006.


Fresh Ideas Media, Inc.

By: /s/ Phil E. Ray, President



American Business Services, Inc.

By: /s/ Phil E. Ray, President