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EXHIBIT 10.10
STOCKBROKER RELATIONS, INC.
CONSULTING AGREEMENT
THIS CONSULTING AGREEMENT made this May, day of 14, 1998 by and between
STOCKBROKER RELATIONS, INC.
0000 X. Xxxxxxx Xxxx.
Xxxxxx, Xxxxxxx 00000
Telephone (000) 000-0000
a Florida Corporation (hereinafter referred to as "SRI") and Revenge Marine
(hereinafter referred to as "COMPANY"), collectively SRI and COMPANY hereinafter
referred to as "the parties."
WITNESSETH:
WHEREAS, SRI is an investor relations, direct marketing, public relations and
advertising firm with expertise in the dissemination of information about
private and publicly traded companies; and is in the business of providing
investor relations services, public relations services, general consulting
services, advertising services, fulfillment services, markeitng of business
formats and opportunities, finanacing arrangemnet, privage placements and other
related programs, services and prodcuts to other clients; and
WHEREAS, COMPANY is publicly held with its common stock trading on one or more
stock exchanges and/or over-the-counter and;
WHEREAS COMPANY desires to publicize itself with the intention of making its
name and general business operations better known to its shareholder, investors,
brokerage houses, potential investors or shareholders and various media; and
WHEREAS SRI is willing to accept COMPANY as a client.
WHEREAS, COMPANY requires investor relations/public relations services and
desires to employ and/or retain SRI to provide such services as an independent
contractor, and SRI is agreeable to such a relationship and/or arrangement, and
the parties desire a written document formalizing and defining their
relationship and evidencing the terms of their agreement;
THEREFORE, in consideration of the mutual covenants contained herein and other
good and valuable considerations, it is agreed as follows:
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STOCK BROKER RELATIONS, INC.
"ADDENDA A"
Revenge Marine
BASE BROKER RELATIONS
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Broker Relations and Broker Alert $ 30,000.00
Broker Teleconference calls deposit $ 5,000.00
6 profilers, full time billed weekly for 6 months ($93,600.00) deposit $ 46,800.00
3 broker Road Shows $ 15,000.00
Guideria Communications
4 months @ 3250 $ 13,000.00
2 TV Shows Channel 22 $ 3,000.00
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$112,800.00
215,761 free trading shares
For and in Behalf of COMPANY;
/s/ Xxxxxxx X. Xxxxxxxx
Xxxxxxx X. Xxxxxxxx
President
5/14/98
For and in Behalf of SRI;
/s/ Xxx Xxxxxxx
Xxx Xxxxxxx
President
5/14/98
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Stockbroker Relations, Inc.
"ADDENDA B"
Date: 5/14/98
1. It is mutual agreed by and between the parties hereto, that in the event of
SBR opts or agrees to accept shares of COMPANY's free trading stock now as full
or partial payment for any part or portion of SBR/s compensation or fee under
this agreement, that the number of such shares necessary for such equal value
alternative compensation shall be determined pursuant to a formulas or
computation that discounts the stock from the bid price at the rate of 50% bases
solely upon the bid as of the date of execution of the agreement or such other
subsequent written agreement to accept said stock as alternative compensation.
2. COMPANY acknowledges and agrees SBR shall not provide or continue to provide
service until all fees are paid. COMPANY acknowledges that it has verified with
its corporate council, accountants, corporate officers, board of directors,
executive decision makers, and appropriate stock exchanges that said stock can,
in fact, be timely delivered to SBR as agreed.
3. COMPANY agrees that in the event the stock has not been received in SBR=s
account within (10) ten days of the dated of execution of this agreement or any
subsequent written agreements related hereto, COMPANY shall pay to SBR in U.S.
funds an additional amount dqual to 5% of such equal value alternative
compensation as liquidated damages. This shall contined for each and every 10
day period that said stock is not received by SBR. Said funds to be wired to
SBR, without notice, within (3) three days of any such default.
4. Time period for options begins when S&P or Moodys is current financial
statements, DTC sheets, current shareholder list and payment per contract is
received.
5. The Company will grant SBR the following options as a performance bonus:
Revenge agrees to file within 10 days to register the following options for SRI
NUMBER PRICE
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175,000.00 @ 1.00
175,000.00 @ 1.50
175,000.00 @ 2.00
For and in Behalf of COMPANY;
/s/ Xxxxxxx X. Xxxxxxxx
Xxxxxxx X. Xxxxxxxx
President
5/14/98
For and in Behalf of SRI;
/s/ Xxx Xxxxxxx
Xxx Xxxxxxx, President
5/14/98
