EXHIBIT 4.7
AMENDMENT TO PROMISSORY NOTE
This Amendment is effective the 25th day of April 2006 by and between InComm
Holdings, Corp. ("InComm"), a Nevada corporation and Loyola Holdings, Inc.
("Loyola"), a Nevada corporation.
RECITALS
InComm and Loyola are parties to a certain Promissory Note dated
January 12, 2006 (Agreement);
InComm and Loyola desire to amend the Agreement as it relates to them;
NOW THEREFORE, in consideration of the premises, agreements, covenants
and obligations herein contained and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties, intending
to be legally bound, hereby amend the Agreement.
I. The introductory paragraph is amended to read as follows:
FOR VALUE RECEIVED, Tradequest International, Inc., a Nevada
corporation ("Maker"), hereby promises to pay to the order of Loyola Holdings,
Inc., a Nevada corporation ("Payee"), the principal sum of Seventy Five Thousand
Dollars (U.S. $75,000), together with interest thereon from the date hereof
accruing at the rate of twenty percent (20%) per annum. Principal and all
accrued interest shall be payable in full on demand if converted to common
shares of the Maker, or shall be due and payable on or before July 12, 2006,
(the "Maturity Date"). This Note is unsecured.
II. The parties agree that all the provisions of the Agreement will
remain valid and enforceable and shall not be affected by this Amendment with
the exception of the change made in the introductory paragraph to the premium
payment.
The undersigned parties certify to having read this Amendment to the
Agreement and that it correctly states the new terms and conditions set forth
above as amendment to the Agreement and hereby approve said Amendment to the
Agreement.
INCOMM (Borrower) LOYOLA (Holder)
/s/ Xxxx Xxxxxxx /s/ Ash Xxxxxxxxxxx
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Xxxx Xxxxxxx, Chairman & CEO Ash Xxxxxxxxxxx
Date: April 4, 2006 Date: April 26, 2006
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