Exhibit 10.1 Software Rights Agreement/Book Rights Agreement with Mr. Smitten
Software Rights Agreement between:
XXXXXXX XXXXXXX
0000 X.X. 0xx Xxxxxxx Ste. 118C
Xxxx Xxxxxxxxxx, Xx. 00000
Phone 000-000-0000 Fax 000-000-0000
Email Xxxxxxxx@xxx.xxx
AND
To:
xxxxxxxxxxxxxx.xxx Inc.
0000 X.X. 0xx Xxxxxxx Xxx. 000X
Xxxx Xxxxxxxxxx, Xx. 00000
Dated January 22, 1999
xxxxxxxxxxxxxx.xxx and Xxxxxxx Xxxxxxx agree to develop a software package that
will follow the trading principles of Xxxxx Xxxxxxxxx as out lined in his two
books listed below. This software will simulate actual trading. The software
will also create a "Virtual Stock Market World" that uses "Virtual Money" to
avoid losing any real money, while allowing the trader to feel like he is
trading the market:
The first book to be published in December of 1999 and is called:
"Xxxxx Xxxxxxxxx: World's Greatest Stock Trader"
written by Xxxxxxx Xxxxxxx and published by Traders Press.
The second book is called:
To be published in February of 2001 is called:
"How To Trade in Stocks" written by Xxxxx Xxxxxxxxx
with additional updates by Xxxxxxx Xxxxxxx.
Both these books were published by Traders Press.
In addition to the overall software trading program, xxxxxxxxxxxxxx.xxx
will also design a software game format that will allow a subscriber to trade in
a Virtual Wall Street World using Virtual Money so they cannot lose real money.
This game will be based on the "base Livermore software trading system."
Examples of some software features, but not all, of the expected program
capability are attached they include:
Timing:
1. Break outs to new highs with heavy volume.
2. Identifying Pivotal Points and Continuation Pivotal Points
3. Identifying One Day Reversals and Spikes
4. Identifying Breakouts From A Consolidating Base
5. Implement a System for Top Down Trading
6. System To Implement Tandem Trading
7. Identifying Direction of the Current Market
8. Identifying Leading Sectors
9. Identifying Leading Groups
10. Building Stock Universes
11. Pin pointing stocks that have had an increase in volume of more
than 50% of normal Volume.
Money Management
10. Portfolio/Probes Table
11. Stop Loss Notification
12. Overall Portfolio Management Table
The completion of the 12 points outlined above, plus any others that may be
agreed upon, will be completed, on a timely basis from the effective date and
these will be fully operational on the Internet at that time.
In return for 6,000,000 common shares of xxxxxxxxxxxxxx.xxx, I, Xxxxxxx
Xxxxxxx, therefore, agree to grant permission to use my two books to develop the
above mentioned software program. This will be an exclusive grant of rights and
include total access to both my books: "Xxxxx Xxxxxxxxx: World's Greatest Stock
Trader" and "How To Trade in Stiocks" by Xxxxx Xxxxxxxxx and Xxxxxxx Xxxxxxx as
published by Traders Press of Greenville South Carolina. The permission would
include both these books and all subsequent editions of my book, including
versions made by nonprofit organizations for use of blind or physically
handicapped persons, and in all foreign-language translations and other
derivative works published or prepared by Traders Press Inc. or its licensees,
for distribution throughout the world.
Agreed to and signed /s/ Xxxxxxx Xxxxxxx
Date January 22, 1999
Agreed to and signed /s/ Xxxxxxx Xxxxxxx on behalf of
SMS and xxxxxxxxxxxxxx.xxx
Date January 22, 1999
