EXHIBIT 4.7 Date: June 4, 1999 Chequemate International, Inc. 75 West 200 South Suite 350 Salt Lake City, Utah 84101 Attention: Mr. J. Michael Heil, CEO Re: SUBSCRIPTION AGREEMENT FOR 8% CONVERTIBLE REDEEMABLE DEBENTURES Dear Sirs: Pursuant to a...Subscription Agreement • July 2nd, 1999 • Chequemate International Inc • Blank checks • Utah
