Exhibit 4.1
WHEREAS, the Company has entered into an agreement dated May 30, 1997 with
Xxxxxx Xxxxxx Associates, Inc. ("Traban") for public relations services,
and
WHEREAS, the Company has entered into an agreement dated May 1, 1998 with
Claridge Capital Corp.("Claridge") for marketing services, and
WHREAS, the Company is indebted to the law firm of Xxxxxxx, Xxxxxxx &
Xxxxxxx, LLP ("Xxxxxxx") for legal services rendered, and
WHEREAS, Traban, Claridge and Xxxxxxx have agreed to accept shares of the
Company's common stock for the services which they rendered, be it
RESOLVED, that in payment for the remaining services due under the above
referenced agreements, 91,757 shares of the Company's common stock be
issued to Traban and 336,279 shares to Claridge, and be it
FURTHER RESOLVED, that 16,279 shares be issued to Xxxxxxx for legal
services rendered, and be it
FURTHER RESOLVED, that all of the above referenced shares of the
Company's common stock be registered in a registration statement on Form
S-8 to be filed with the Securities and Exchange Commission.
