Platinum Research Organization, Inc. Watch

from 8-K 6 pages The Loan Is Evidenced by a Promissory Note (The “Note”) From Borrower Dated December 3, 2004 in the Amount of Six Million Dollars ($6,000,000), Bearing Interest and Payable as Set Forth Therein, Repayment of Which Is Secured by the Documents Identified in the Note as the “Security Documents”. Terms That Are Defined in the Note Shall Have the Meaning Set Forth Therein When Used in This Guaranty. Guarantor Further Agrees That: 1. Guarantor Indirectly Owns 99% of the Equity Interests of Borrower and Therefore Has a Direct Financial Interest the Loan. 2. the Obligations of Guarantor Hereunder Are Primary, Absolute, and Unconditional Under Any and All Circumstances Unless and Until Terminated as Provided in Section 18 Below

from 8-K 6 pages The Loan Is Evidenced by a Promissory Note (The “Note”) From Borrower Dated December 3, 2004 in the Amount of Six Million Dollars ($6,000,000), Bearing Interest and Payable as Set Forth Therein, Repayment of Which Is Secured by the Documents Identified in the Note as the “Security Documents”. Terms That Are Defined in the Note Shall Have the Meaning Set Forth Therein When Used in This Guaranty. Guarantor Further Agrees That: 1. Guarantor Indirectly Owns 99% of the Equity Interests of Borrower and Therefore Has a Direct Financial Interest the Loan. 2. the Obligations of Guarantor Hereunder Are Primary, Absolute, and Unconditional Under Any and All Circumstances Unless and Until Terminated as Provided in Section 18 Below

from 8-K ~10 pages Exhibit "B" to Bridge Loan Agreement Platinum Research Organization L.P. Security Agreement

from 8-K ~10 pages Bridge Loan Agreement