JAG Media Holdings, Inc.

Exhibit 10.2

JAG Media Holdings, Inc.

0000 X.X. 00^xx Xxxxxx, Xxxxx X00

Xxxx Xxxxx, XX 00000

April 2, 2007

Cornell Capital Partners, L
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., Cornell Capital Partners, L.P., Cryptometrics, Inc., Xxxxxx Xxxxx and Xxxxxxx Xxxxxx, as amended (“Cornell Agreement”)

Gentlemen:

This will confirm our understanding that the automatic termination date of April 6, 2007, set forth in the last sentence of paragraph 1 of the Cornell Agreement is hereby changed to April 20, 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 NEXT PAGE]

Sincerely yours,

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

JAG Media Holdings, Inc.
By:	/s/ Xxxxxx X. Xxxxxxxxx
	Name:	Xxxxxx X. Xxxxxxxxx
	Title:	Chairman & CEO
	Date:	April 2, 2007

AGREED AND ACCEPTED: Cornell Capital Partners, LP
By:	Yorkville Advisors, LLC
Its: General Partner

By:	/s/ Xxxxxx X. Xxxxx
	Xxxxxx X. Xxxxx, Managing Partner
	Date: April 5, 2007

Cryptometrics, Inc.
By:	/s/ Xxxxxx Xxxxx
	Name:	Xxxxxx Xxxxx
	Title:	Co-CEO
	Date:	April 4, 2007

The undersigned parties are signing this agreement only with respect to the obligations in Paragraph 5 of the Cornell Agreement

/s/ Xxxxxx Xxxxx  

Xxxxxx Xxxxx  

Date: April 4, 2007 

/s/ Xxxxxxx Xxxxxx  

Xxxxxxx Xxxxxx  

Date: April 4, 2007