EXHIBIT 4.2
PROMISSORY NOTE AND WARRANT OPTION AGREEMENT
$25,000.00 August 8, 0000 Xxxx Xxxx, Xxxxxxx
FOR VALUE RECEIVED, Bio-One Corporation a Nevada Corporation with its
principal place of business located at Lake Mary, Florida (herein referred to as
"Maker"), promises to pay to the order of Xxxxx Xxxxxx, his heirs, executors,
administrators, successors, and assigns (hereinafter referred to as "Holder"),
the principal sum of Twenty-five thousand Dollars ($25,000.00) together with
interest on the unpaid principal balance at the interest rate of twelve percent
(12%) per annum. The accrued interest and principle shall be due and payable in
full on the 30th day of November, 2000.
This Note shall be payable at 0000 Xxxxxx Xxxxxx, Xxxxxx, Xxxxxxx 00000
or such other place or places as the Holder may, from time to time, designate in
writing. Maker has the privilege of payment of all or any part of the unpaid
balance of the principal and accrued interest at any time without penalty or
premium.
Holder has the warrant option to convert any portion of this unpaid
note into stock within ten (10) days of notice to the Maker. In the event that
the Holder elects this option, then the Maker shall issue shares of stock
sufficient to represent one share per twenty-five (25) cents of investment.
By signature hereon, the undersigned certifies that this loan has been
made for the purpose of working capital.
IT WITNESS WHEREOF, Maker has caused this Note to be executed, sealed,
and the same to be delivered to Holder on its behalf, all as of the date and at
the place first stated above.
MAKER:
BIO-ONE CORPORATION
By: /s/ Xxxxxx Xxxxxxxxx (Seal)
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Xxxxxx Xxxxxxxxx, President
