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<page> Specimen Only 1990 Incorporated Under the Laws [Logo] of the State of Delaware Number Shares Bullet Sports International, Inc. <table> <caption> <s> <c> <c> 12,500,000 Shares Common Stock 500,000 Shares Series a 6% Non-Voting Cumulative Convertible Preferred Stock 25,000 Shares Series B 8.75% Non-Voting 25,000 Shares Series C 8.75% Non-Voting 25,000 Shares Series D 8.75% Non-Voting Cumulative Convertible Preferred Stock Cumulative Convertible Preferred Stock Cumulative Convertible Preferred Stock </Table> This Security Has Not Been Registered or Qualified Under the Securities Act of 1933 or the Securities or Blue Sky Laws of Any State and May Be Offered and Sold Only if Registered and Qualified Pursuant to the Relevant Provisions of Federal and State Securities or Blue Sky Laws or if an Exemption From Such Registration or Qualification Is Applicable This Certifies That Is the Registered Holder of Shares of Series D, 8.75% Non-Voting Cumulative Convertible Preferred Stock Transferable Only on the Books of the Corporation by the Holder Hereof in Person or by Attorney Upon Surrender of This Certificate Properly Endorsed. a Certificate of the Rights, Preferences, Privileges and Restrictions Granted to or Imposed Upon Each Class or Series of Shares of Stock of the Corporation and Upon the Holders Thereof May Be Obtained by Any Stockholder, Upon Request and Without Charge, at the Principal Office of the Corporation. in Witness Whereof, the Said Corporation Has Caused This Certificate to Be Signed by Its Duly Authorized Officers and Its Corporate Seal Hereunto Affixed This Day of A.D. 19__ [Seal] Secretary President
