EX-10.10
from 10KSB
1 page
Loan Settlement Agreement I, Lance Musicant, Hereby Agree to Accept 15,242 Shares of Imedia (Imnl) Stock From Java Express as Payment in Full, Including Accrued Interest of $612, for My $6,860 in Loans to the Company. These Loans Consist of $4,510 Made to the Company on May 7, 2004, $2,300 Loaned to the Company on June 7, 2004 and $50 Loaned to the Company on September 17, 2004. the Imedia Stock at the Time of This Settlement Is Trading on the Otc Bulletin Board at Approximately $.75 Per Share and Is Therefore Worth Approximately $11,000. There Are No Other Terms and Conditions. Agreed to This March 28th, 2005 /S/ Lance Musicant Lance Musicant
12/34/56