10.2 Agreement with Integrity Capital, Inc.
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To: Xxxx Xxxxxxxxx
From: Integrity Capital
Re: Investor Relations Proposal
DOW November 15,19"
Whereas: xXxxxx.xxx ( IVOC ' is seeking services Of AD investor and public
relations company to communicate to their current Shareholder base and to locate
now shareholders
Whereas, Integrity Capital, Inc,, (Integrity Capital) is an investor and public
relations company offering services based on the following contract proposal,
1. U2211: It must be recognized that the achievement Of Boats Can be hindered
due to certain market: and external forces acting upon IVOC \ Integrity Capital.
Conditions such as inharmonious relations between key personnel or market
conditions that are uncontrollable. Integrity Capital will, in a professional
and diligent manner, work to deal with these situations as they arise to promote
the success of these goals, A: Ulm interest from retail brokers and individual
investors by showcasing the merits of IVOC through mass marketing tools,
8: Xxxx and obtain research and media support from brokerage
houses and the, media.
C. Build a following via the Internet, newsletters, investor
groups, and radio interviews. D: Enhance the image of IVOC through creation of
news release&, corporate packages, mid creation of high profile Internet
structure. Provide professional critique of corporate packets and corporate
information and design new corporate material if necessary.
E: Build a structure for investors and brokers to receive
information and communicate with Integrity capital about IVOC
F: Xxxx back office support programs that manages the current
shareholder but.
0: Prepare IVOC for institutional following by advising
company of share structure, corporate image and other necessary changes at the
right time to effectively attract institutional following.
H: Assist in the development of relationships with brokerage
or investment banking houses for the procurement of additional funding through
equity and debt offerings.
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Capital Inc.
Xxxxxx Street
L
Lynden Wa 98264
I STRATEGY
Generate brokerage support through telemarketing to firms
familiar with Integrity Capital and follow up through
various forms of
communication to familiarize those firms wit the attractiveness and investment
potential of IVOC.
2) Attract newsletter support from newsletter$, present IVOC to them in a
fashion that w ill
cause them to cover the stock,
3) Attract new investment into the stock of IVOC by creating 4 lead generation
campaign
using the internet, newsletters, telemarketing and other forms of advertising
4) Write and submit press releases (with assistance and approval from IVOC in a
timely
and effective manner as to capitalize on the most captive audiences,
5) E-mail programs to entire current database ad to all now leads as generated
through our
campaign.
6) Manage current shareholder database to keep investors current by answering
calls
from your call-forwarded toll free telephone line.
7) Enhance the market of IVOC by issuing investment opinions about IVOC to
international
news services.
8) Build the market of IVOC and restructure it If necessary to become Attractive
institutions
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and large shareholders.
Ill, PROGRAM TOOLS
Mailing Packet: Rework to communicate more effectively and appeal to
institutions and The media.
Newsletters: Contact 1200 newsletters by the and of the first quarter, who would
be most interested in following the stock . Write articles for them reprint and
publish. Generate a, significant media kit for them to pull from. Network to
locate research which will aid it the development of a so".
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Wa.
News releases- Integrity Capital will fix, mail and e-mail to Investors each of
IVOC's news releases which will also be posted on our web sits* and placed in
the corporate packet. IVOC is responsible fbr listing on the wire services.
Integrity Capital will submit news releases to Wire Services if your PR/BW
account number is provided to its. Integrity capital will write or assist in
writing and editing all news releases, with approval from IVOC. Integrity
Capital's telephones number will be 'listed on these news releases so that the
information flow is positioned exactly as it should be,
Advertising: Advertise in major financial publications such as The Wall St.
Journal, Barons Bull and Bear and Investors Business Daily. Integrity Capital
will create, copy, and edit all ads, IVOC will have the final approval All leads
will come through Integrity's 800# for prmewng. The choice of advertising media
shall be tip to Integrity Capital a to what wirework best for the program. Costs
associated with advertising are cot cowed by the contract fees.
Internet: Integrity will place IVOC information on its web site and affiliate
web sites. Create Chat
Line fbr the investors in popular chat rooms with links to any
existing sire. Initial updates
will be completed by the end of The first month, The Web site
will be enhanced to be
more attractive to institutions and Investors.
Media: Editors sod column writers will be contacted to be&
coverage of the company in their
newspapers. Any coverage will be added to the corporate packet
and Internet. This we will
require a media kit and an information flow that will be in
place.
Telemarketing: A call forwarded tall free line will capture incoming calls, We
will also contact our current database of followers to produce interest
Continued coverage oil die telephones will insure communication lines are open
to the investment community. Conference calls will be arranged with
shareholders, large brokers, and investors to facilitate larger buy tickets when
events warrant, such as quarterly earnings, etc.
Research: Integrity Capital will create 4-page research report, to send to
investors and the media,
The report will be included in all packets sent to Investors.
Updates shall be made
quarterly unless major events or fundamentals change.
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Integrity Capital, Inc.
00X Xxxxxx Xxxxxx
Lynden Wa. 982,64P
IV. FEE STRUCTURE
Cash payments are to be made in advance. monthly, Integrity Capital will provide
a specific plan for each month. The proposed plan is open for discussion for
five working days after initial tax, Once an agreed upon program is reached, a
signature oil the plan from the Signing authority at the company will activate
the next months' program, Stock will be issued and cash payments made in
advance, monthly'.
XXXX would agree to pay according to the following schedule (Xxxxx Exhibit A)
Tow Cost: 3 55M cub on a monthly basis for a minimum of three (3) months.
Integrity Capital requests stock and or options to be agreed upon a later date.
This contract will continue on a Mont to month basis after the three month
period is complete as per mutual agreement of both parties.
All external expenses including telephone, printing and postage will be billed
directly to IVOC. No further costs except as Set forth in this Article TV, IVOC
shall have no additional obligation to make any payments to Integrity Capital or
to assume any costs for any efforts by Integrity Capital hereunder. IVOC. No
further costs except as Identified by this contract will be billed to IVOC.
without prior approval,
V. ARBITRATION
joint Management: It is understood that IVOC and Integrity Capital shall
administer this contract so no disputes arise in the course of its fulfillment.
Integrity Capital is being incited to work as diligently as possible to provide
the necessary outcomes. Except for illegal activity, this contract will continue
as written for the full term.
Market Forces: It is the nature, of this business that forces acting on the
markets of companies, which are outside of Integrity Capitals control May hinder
the effectiveness of the campaign. Integrity Capita! is not
responsible for price level of the Stock at any time. it is understood that the
volume of the stock shall wax and wane as now investors come into play and older
ones leave. Therefore, cancellation of this contract cannot be due to the price
of the stock, or the volume of the issue or forces, which Integrity Capital does
not control.
Cancellation., This agreement may not be canceled except for cause for a period
of one year from the date here of. Cause includes failure to Perform any or the
obligations by this agreement, or the violation of the laws of any federal,
state or local jurisdiction applying to the issuance or sale of securities such
as the prohibition against the solicitation of a potential purchaser of IVOC
stock except by a broker/dealer properly holding all required My issued licenses
required by all applicable federal and state law.
The contract. in order to be effective, must go full tem. However, disputes do
arise and Integrity Capital wishes to avoid any interruptions of service while
this contract is in progress. Any disputes arising under this contract and or
transactions contemplated hereby will be resolved before the American
Arbitration Association in the city, county and State of Whatcom County,
Washington, in accordance with the commercial arbitration rules then in effect.
While the dispute resolution is progressing payment according to the schedule "I
be made to keep the continuity of the program,
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Inc.
Lqnaen . WXL 'qg') 6-P
This agreement constitutes the full and complete agreement between the parties,
and any prior agreements, statements, promises Or representations of any type
Whatsoever, whether oral or written, are merged herein and superseded by this
agreement, Ibis Agreement may not be modified or changed in any way except in
writing, signed by both IVOC ad Integrity Capital.
By signature affixed below, the parties, separately and together, agree to the
terms specified heroin, Integrity Capital, Inc. to provide mid services as
outlined herein is sections 1, 11, 111 and IVOC to provide payment of such
services As outlined in section V. Both parties agree to arbitration of any
disputes to arrive at a continued relationship as set forth in section Vt.
Signature will enact the relationship and set forth the parameters of said
relationship and an invoice 'Nil] be forthcoming. facsimile copies of contracts
and invoices are sufficient to enact. Hard copies xxxx be delivered no later
than 3 0 days Into the contract period for both parties.
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