EXTENSION OF PROMISSORY NOTE
Comes
now
MAG Capital, LLC, Monarch Pointe Fund, Mercator Momentum Fund III and
Asset Managers International (the “MAG Group”) and for good and
valuable consideration, the receipt and sufficiency is hereby acknowledged,
agrees as follows:
1. MAG
Group Loan. The MAG Group hereby extends the Maturity Date of the promissory
note entered into between Invisa, Inc (“Invisa”) and the MAG Group on October 4,
2006 (the “MAG Group Note”) until May 31, 2008 (the “Extended Maturity
Date”).
The
parties have signed this Agreement on April 11, 2008.
Invisa,
Inc.
BY:
____________
MAG
Affiliated Entities:
MAG
Capital, LLC
BY:
____________
Monarch
Pointe Fund
BY:
______________
Mercator
Momentum Fund III
BY:
_________________
Asset
Managers International
BY:
_________________
