JAG Media Holdings, Inc. 6865 S.W. 18th STREET, SUITE B13 BOCA RATON, FL 33433

Exhibit 10.2

JAG Media Holdings, Inc.
0000 X.X. 00^xx XXXXXX, XXXXX X00     
XXXX XXXXX, XX 00000

April 20, 2007

Cornell Capital Partners, LP
000 Xxxxxx Xxxxxx
Xxxxx 0000
Xxxxxx Xxxx, XX 00000

-and-

Cryptometrics, Inc.
00 Xxxx Xxxxxx
Xxxxxxxx, XX 00000

Re: Agreement dated as of January 24, 2007 Among JAG Media Holdings, Inc. (“JAG Media”), Cornell Capital Partners, L.P. (“Cornell Capital”), Cryptometrics, Inc., Xxxxxx Xxxxx and Xxxxxxx Xxxxxx, as amended (“Cornell Agreement”)

Gentlemen:

This will confirm our understanding that the automatic termination date of April 20, 2007, set forth in the last sentence of paragraph 1 of the Cornell Agreement, is hereby changed to May 11, 2007.

Except as otherwise set forth in this agreement, the Cornell Agreement shall remain unchanged and in full force and effect.

If the foregoing accurately reflects your understanding of our agreement regarding the above matter, please indicate your agreement and acceptance by signing in the appropriate space below and returning a fully executed and dated copy of this agreement to the undersigned.

[SIGNATURES APPEAR ON FOLLOWING PAGE]

Cornell Capital Partners, LP
April 20, 2007
Page -2-

Sincerely yours,
JAG Media Holdings, Inc.

By:		/s/ Xxxxxx X. Xxxxxxxxx
		Name: Xxxxxx X. Xxxxxxxxx
		Title: Chairman & CEO
		Date: April 20, 2007

		AGREED AND ACCEPTED:				The undersigned parties are
		Cornell Capital Partners, LP				signing
						this agreement only with respect to
		By: Yorkville Advisors, LLC				the obligations in Paragraph 5 of
		Its: General Partner				the Cornell Agreement
						/s/ Xxxxxx Xxxxx
By:		/s/ Xxxx Xxxxxx				Xxxxxx Xxxxx
		Xxxx Xxxxxx, Portfolio Manager				Date: April 20, 2007
		Date: April 20, 2007
						/s/ Xxxxxxx Xxxxxx
						Xxxxxxx Xxxxxx
						Date: April 20, 2007
		Cryptometrics, Inc.

By:		/s/ Xxxxxx Xxxxx
		Name: Xxxxxx Xxxxx
		Title: Co-CEO
		Date: April 20, 2007