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[XXXX XXXXXX XXXXXXXXXX]
Exhibit 10.37
March 25, 1999
Xx. Xxxxxxx X. Xxxxx
Xxxxx Pine Investment Banking, LLC
000 Xxxxxxxxxxx Xxxxxx, Xxxxx 000
Xxxxxx, Xxxxxxxx 00000
Dear Xx. Xxxxx:
Pursuant to our agreement, the following sets forth the modification of the
Agreement dated October 22, 1998 between Stone Pine Investment Banking, LLC
("Stone Pine") and Gold One Industries, Inc. ("Gold One"):
1. Stone Pine will be issued 100,000 shares of Common Stock of Golf One after
giving effect to Golf One's 1:2 reverse split as additional consideration
pursuant to Stone Pine's investment banking activities with respect to the
merger of Golf One and Grafix Corporation d/b/a Carrera Golf and the attendant
$1 million private placement financing; and
2. Stone Pine will receive an additional success fee of $50,000 on conclusion
of the $1.0 million and $5.0 million financings.
If this is consistent with our understanding, please sign where indicated below.
Sincerely,
/s/ X.X. Xxxxxxxxx
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X.X. Xxxxxxxxx
President
AGREED AND ACCEPTED
/s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx, Managing Director
