ParaFin CORP
EXHIBIT 10.2
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:right;'><b><font size=2>Exhibit 10.2</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>PARAFIN CORPORATION</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>5199 Neil Road, Suite 430 Reno, Nevada 89502</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Tel:</font></b><font size=2> (877) 613-3131 <b><font size=2>&#149;</font></b></font><font size=2> </font><b><font size=2>Fax </font></b><font size=2>(866) 613-3131 <b><font size=2>&#149;</font></b></font><font size=2> </font><b><font size=2>e-mail</font></b><font size=2>:  </font><font color="#0000FF"><u><font size=2>ceo@parafincorp.com</font></u></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>SYMBOL:  (OTCCBB.PFNC)</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>September 4, 2006</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mr. Suwan Deesunthia</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>CC:  Sam Chanpradith, President</font></b></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Wellslink Petroleum Co., LTD., </font><b><font size=2>as the (&#147;Buyer&#148;)</font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Allan Quattrin</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>125/3 Sukhumvit 89 Bangjark</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>LAO-CAN Holdings Ltd., as the</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Phakhanong, Bangkok 1026C</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(&#147;</font><b><font size=2>Seller&#146;s Mandate</font></b><font size=2>&#148;)</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Thailand</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=2>RE:  CORPORATE OFFER AND PURCHASE AGREEMENT</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>As per our discussions with Mr. Chanpradith as to the Investment, Sale and Delivery of the Product, we have agreed on the following Terms and Conditions for considerations whereby:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>This Corporate Offer once endorse becomes a binding contract between the Parties as Buyer and Seller respectively.  Once endorsed this document shall become and be referred to as the &#147;Purchase Agreement&#148;.  The Parties herein, in &#147;Good Faith&#148; make representations, as for the buyer its capacity to buy the product and as to the Seller the ownership and tile of the product referred to as &#147;GAS OIL D-2 I-02/62&#148;, which Product Description, Price, Discount, Quantity, Delivery and Consulting Fees are as per </font><b><font size=2>Exhibit-&#147;A&#148; </font></b><font size=2>attached. This offer must be executed by Buyer within (10) ten banking days from the execution of this Corporate Offer, which is herein agreed to and </font><b><font size=2>Subject to;</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Section-1 (Buyer&#146;s Performance):</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(a)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Endorsing this Full Corporate Offer inclusive of all Exhibits and all pages accepting all terms and conditions.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(b)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Faxing copies of documents above forwarding originals via Express Mail as stated above.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(c)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Delivering a Bank-to-Bank confirmation of capacity, confirming the Terms and Conditions of the transaction.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(d)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Acceptance of Payment Responsibility of all charges inclusive but not limited to demurrage. Port and terminal fees and all other charges for any missed or delayed in unloading storage tanks.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(e)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Term of the contract is for (1) one year with acceptance of the Proof-of-Product (</font><B><font SIZE=2>POP</font></B><font size=2>) to be confirmed every year for the same or greater amount.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(f)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Additional shipment requests delivery schedule are to be confirmed bank-bank with a pre-advice to issue the </font><b><font size=2>Seller</font></b><font size=2> an additional </font><B><font SIZE=2>DLC/SBLC </font></B><font size=2>pursuant to such delivery confirmation increase, new pricing, Terms and Conditions.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Transaction Code: AQ PARAFIN/090406-1/CIF</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/Suwan Deesunthia  </font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Sam Chanpradith</font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Francisco AmborsioSaez</font></u></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Buyer  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mandate  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller Asset-Manager</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09 /07/2006  </font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/06/2006  </font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/04 /_2006_  </font></u></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(g)</font><b><font size=2> </font></b><u><b><font size=2>Buyer&#146;s Payment:</font></b></u><font size=2> </font><b><font size=2>Buyer&#146;s </font></b><font size=2>bank to issue a Documentary-Letter-Credit (</font><B><font SIZE=2>DLC</font></B><font size=2>) that is Irrevocable, Non-Transferable, Divisible, and Revolving after every shipment paying for 50,000 Metric Tons valued at $21,000,000.00 USD, as the (&#147;</font><b><font size=2>Shipment Value</font></b><font size=2>&#148;), which is to be paid after the cargo has been discharged into the Buyer&#146;s storage tanks at the Discharge port from the Seller&#146;s nominated vessel and Quality and Quantity have been confirmed as being correct by Independent Surveyor Company. The total</font><b><font size=2> </font></b><font size=2>monthly commitment of 100,000 Metric Tons are deliverable in (20 two 50,000 Metric Tons shipments, every (2) two weeks, as the
(&#147;</font><b><font size=2>Monthly Commitment</font></b><font size=2>&#148;) valued as $42,000,000.00 USD. Additionally, </font><b><font size=2>Buyer </font></b><font size=2>is to deliver a Stand-By-Letter-Credit (</font><B><font SIZE=2>SBLC</font></B><font size=2>) format ICC 458 Demand Guarantee for $21,000,000.00 USD equivalent to 50,000 Metric Tons to guarantee the contract, as a Security Deposit and to secure a $420.00 per Metric Ton price for a (6) six month period, as the (&#147;</font><b><font size=2>Guarantee Price</font></b><font size=2>&#148;), with price to be determined thereafter by the &#147;Singapore CIF Platt Price&#148;, as the (&#147;</font><b><font size=2>Market Price</font></b><font size=2>&#148;). The </font><B><font SIZE=2>SBLC</font></B><font size=2> must be issued within (7) seven banking days of execution of this offer to secure the </font><b><font size=2>Guarantee Price</font></b><font size=2>, assuming that stable market pricing prevails during this
period: otherwise a new quote must be provided based on Market Platt Price until Buyer&#146;s Bank issues the </font><B><font SIZE=2>SBLC.</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Section &#150;II (Seller&#146;s Performance):</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Upon </font><b><font size=2>Buyer&#146;s</font></b><font size=2> compliance with </font><b><font size=2>Sections &#150; I (a) (b) (c) and (d), Seller shall:</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(a)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deliver Proof-of-Product (</font><B><font SIZE=2>POP</font></B><font size=2>) </font><b><font size=2>consisting of:</font></b><font size=2> (</font><i><font size=2>All ready delivered)</font></i></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>A copy of the Bank confirmation of the title and ownership of the product (SWIFT Custody Assignment)</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deed of Trust/Updated allocation letter</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Assist </font><b><font size=2>Buyer</font></b><font size=2> in securing Public information as to the </font><b><font size=2>Seller&#146;s</font></b><font size=2> entitlement and ownership of the POP, such as Press Releases as to the transfer ownership.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Upon </font><b><font size=2>Buyer&#146;s</font></b><font size=2> compliance with </font><b><font size=2>Sections &#147;I&#148; </font></b><font size=2>and acceptance of </font><b><font size=2>Seller&#146;s POP:</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(b)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Buyer&#146;s Bank</font></b><font size=2> to issue the </font><B><font SIZE=2>DLC/SBLC</font></B><font size=2> to </font><b><font size=2>Seller&#146;s </font></b><font size=2>Bank.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(c)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller</font></b><font size=2> to deliver Supplier&#146;s Performance Bond (Trade Credit Indemnity Coverage from an &#147;A&#148; rated Insurance Company or traditional bank Performance Bond) for 2% ($840,000.00 USD) based on the value of the </font><b><font size=2>DLC/SBLC. Seller&#146;s</font></b><font size=2> Performance Bond will be activated within (10) days from receiving </font><b><font size=2>Buyer&#146;s </font></b><font size=2>bank </font><B><font SIZE=2>DLC/SBLC</font></B><font size=2> defined herein.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(d)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller</font></b><font size=2> to confirm Lay-Can to </font><b><font size=2>Buyer</font></b><font size=2> and nominates vessel and provides vessel data (Q88) to </font><b><font size=2>Buyer</font></b><font size=2> for shipments to commence approximately by </font><u><font size=2>November 25, 2006</font></u><font size=2> or as per Vessel availability and delivery schedule.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(e)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller</font></b><font size=2> to confirm the delivery schedule and provide </font><b><font size=2>Buyer</font></b><font size=2> after payments of transport and storage:</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Transport will provide the &#147;Route Telegram&#148; or other alternative confirmation of Product Origin to best meet the delivery schedule, at Seller&#146;s option, since this is a CIF transaction.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Seaport&#146;s terminal will provide a Tank Storage Receipt.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Vessel delivery schedule confirmation to destination port.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(f)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller</font></b><font size=2> to confirm the delivery schedule and provide </font><b><font size=2>Buyer</font></b><font size=2> after payments</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Transaction Code: AQ PARAFIN/090406-1/CIF</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/Suwan Deesunthia  </font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Sam Chanpradith</font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Francisco AmborsioSaez</font></u></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Buyer  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mandate  </font></b></p> </td>
        <td width="155" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller Asset-Manager</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09 /07/2006  </font></u></p> </td>
        <td width="184" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/06/2006  </font></u></p> </td>
        <td width="120" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/04 /_2006_  </font></u></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
        <td width="185" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
        <td width="107" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Section-III: (Payment Procedures, Section I (g), III (d) and as described herein)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(a)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller </font></b><font size=2>and </font><b><font size=2>Buyer</font></b><font size=2> submit &#147;Pay Orders: to </font><b><font size=2>Trustee</font></b><font size=2> for their respective representatives consulting fees.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(b)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller </font></b><font size=2>sends original shipping documents and commercial invoice via courier to </font><b><font size=2>Buyer&#146;s</font></b><font size=2> bank.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(c)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller</font></b><font size=2> also faxes same documents to </font><b><font size=2>Buyer</font></b><font size=2>.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(d)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Buyer&#146;s</font></b><font size=2> bank shall make immediate payment of its </font><B><font SIZE=2>DLC</font></B><font size=2> at Discharge Port, </font><b><font size=2>subject</font></b><font size=2> to (1) verification of all shipping documents, inclusive of &#147;Bill-of-Lading&#148; (2) verification of Certificate of Quality and Quantities shipped from SGS, Veritas and alike internationally recognized Third-Party inspectors/surveyors.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(e)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Asset Manager </font></b><font size=2>issues SWIFT to pay commission per the Fee Protection Agreement of all consultants.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in;text-align:left;'><u><b><font size=2>General Terms and Conditions:</font></b></u></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in;text-align:left;'><font size=2>The Purchase Agreement will be governed by and </font><b><font size=2>subject to; </font></b><font size=2>(a) </font><b><font size=2>Buyer&#146;s</font></b><font size=2> banking capacity confirmation (b) Execution of a Purchase Agreement (c) </font><b><font size=2>ParaFin&#146;s </font></b><font size=2>Corporate Resolution accepting the transaction, terms, conditions and the </font><b><font size=2>Buyer</font></b><font size=2> (d) Swiss Law (e) International Chamber of Commerce (ICC) for Documentary Credit guidelines (f) Uniform Commercial Code (UCC) (g) All Administrative Remedy and Dispute Resolution are at the option of the &#147;Injured Party&#148;, inclusive of venue in a </font><u><font size=2>Mandatory Arbitration</font><b><font size=2> </font></b></u><font size=2> and by an international Arbitration Tribunal (h) The &#147;Injured Party&#148; reserves the right to include all other
applicable Jurisdiction, law, regulatory code of enforcement or guidelines in Commerce, Banking, Insurance, Securities and Judicial.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><u><b><font size=2>Product Specifications</font></b></u></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Exhibit &#150; &#147;A&#148;</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in;text-align:center;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="168" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Product:</font></b></p> </td>
        <td width="160" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>GAS OIL D-2 L-02/62</font></B></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="168" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Quantity and Delivery:</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>100,000 (Hundred-Thousand) Metric Tons per month for the next        (12) twelve months commencing after confirming Vessel Delivery schedule within the next 30-days. Delivered in shipments of 50,000 Metric Tons every (2) two weeks.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:2in; text-indent:-1.75in;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="168" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Payment:</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>As per Section - I (g)</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:2in; text-indent:-1.75in;text-align:left;'><font size=2>&nbsp;</font></p>


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        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="168" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Performance Bond:</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>As per Section &#150; II (c) 2% ($840,000.00 USD) issue to </font><b><font size=2>Buyer</font></b><font size=2> based on 50,000 Metric Tons and value of the </font><B><font SIZE=2>DLC/SBLC</font></B><font size=2> of USD$42,000,000. Buyer assumes all cargo responsibility for destination Port unloading and terminal storage.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:2in; text-indent:-1.75in;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="168" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Price:</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$420 per Metric Ton for the first (6) six months, secured by the </font><B><font SIZE=2>SBLC</font></B><font size=2> to be received within (7) seven banking days, free from unstable market pricing conditions, which will then be </font><b><font size=2>subject</font></b><font size=2> to the Metric Tons moving price of the &#147;Singapore CIF Platt&#148; for all shipment </font><b><font size=2>C.I.F Petchaburi Terminal TIIILAND.</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:2in; text-indent:-1.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Transaction Code: AQ PARAFIN/090406-1/CIF</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/Suwan Deesunthia  </font></u></p> </td>
        <td width="187" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Sam Chanpradith</font></u></p> </td>
        <td width="185" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Francisco AmborsioSaez</font></u></p> </td> </tr></table>
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        <td width="175" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Buyer  </font></b></p> </td>
        <td width="181" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mandate  </font></b></p> </td>
        <td width="155" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller Asset-Manager</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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    <tr >
        <td width="173" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09 /07/2006  </font></u></p> </td>
        <td width="184" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/06/2006  </font></u></p> </td>
        <td width="120" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/04 /_2006_  </font></u></p> </td> </tr></table>
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        <td width="173" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
        <td width="185" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
        <td width="107" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:2in; text-indent:-1.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:2in; text-indent:-1.75in;text-align:left;'><font size=2>&nbsp;</font></p>


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    <tr >
        <td width="240" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Product Specifications:</font></b></p> </td>
        <td width="352" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Confirmed by SGS or Veritas Certification and alike</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="661" style='margin-left:4.65pt;border-collapse:collapse'>
    <tr style='height:21.0pt'>
        <td  nowrap colspan="4" valign=bottom style='border: solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt; height:21.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>D2 HIGH SPEED DIESEL SPECIFICATIONS</font></B></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Property</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Test Method</font></b></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Guarantee</font></b></p> </td> </tr>
    <tr style='height:15.0pt'>
        <td width="257" valign=top style='border:solid black 1.0pt; border-top:none;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" valign=top style='border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="174" valign=top style='border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Spec.</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>1. Specific Gravity at 15.6/15.6 C</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 1298</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>0.81-0.87</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2. Cetane Index</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 976</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Min 47</font></b></p> </td> </tr>
    <tr style='height:17.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:17.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>3. Kinematic Viscosity, cSt @ 40 C</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:17.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:17.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 445</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:17.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>1.8-4.1</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>4. Flash Point, Deg. C</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 93</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Min 52</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>5. Pour Point, Deg. C</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 97</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max -10.0</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>6. Sulpher Content, %Wt</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 2622</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max 0.035</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>7. Copper Corrosion</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 130</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max 1 A</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>8. Carbon Residue. %Wt</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D  189 </font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max 0.05</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>9. Ash, %Wt</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 482</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max 0.01</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>10. Water and Sediment, % Vol</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 2709</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max 0.05</font></b></p> </td> </tr>
    <tr style='height:20.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:20.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>11. Distillation (90%Recovered, C)</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:20.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:20.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 86</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:20.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max 357</font></b></p> </td> </tr>
    <tr style='height:14.25pt'>
        <td width="257" valign=top style='border-top:none;border-left: solid black 1.0pt;border-bottom:none;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>12. Color</font></b></p> </td>
        <td width="10" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>ASTM D 1500</font></B></p> </td>
        <td width="174" valign=top style='border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:14.25pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max 1.0</font></b></p> </td> </tr>
    <tr style='height:15.0pt'>
        <td width="257" valign=top style='border:solid black 1.0pt; border-top:none;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>13. Lubricity by HFRR, &#181;m</font></b></p> </td>
        <td width="10" valign=top style='border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="221" valign=top style='border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>CEC-F-06-A-96</font></B></p> </td>
        <td width="174" valign=top style='border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; padding:0in 5.4pt 0in 5.4pt;height:15.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Max 460</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Transaction Code: AQ PARAFIN/090406-1/CIF</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/Suwan Deesunthia  </font></u></p> </td>
        <td width="187" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Sam Chanpradith</font></u></p> </td>
        <td width="185" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Francisco AmborsioSaez</font></u></p> </td> </tr></table>
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<table border="0" cellspacing=0 cellpadding=0 width="511" style='border-collapse:collapse'>
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        <td width="175" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Buyer  </font></b></p> </td>
        <td width="181" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mandate  </font></b></p> </td>
        <td width="155" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller Asset-Manager</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="477" style='border-collapse:collapse; '>
    <tr >
        <td width="173" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09 /07/2006  </font></u></p> </td>
        <td width="184" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/06/2006  </font></u></p> </td>
        <td width="120" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/04 /_2006_  </font></u></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="465" style='border-collapse:collapse'>
    <tr >
        <td width="173" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
        <td width="185" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
        <td width="107" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><u><b><font size=2>Exhibit &#150; &#147;B&#148;</font></b></u></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>SPECIMENT STANDBY LETTER OF CREDIT</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(United States and Foreign Banks)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>


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        <td width="96" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>From:  </font></p> </td>
        <td width="101" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign Bank</font></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="417" style='border-collapse:collapse; '>
    <tr >
        <td width="96" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>To:</font></p> </td>
        <td width="321" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>HSBC Canada (HEREINAFTER AS THE BANK)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Quote:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>We hereby establish our irrevocable and transferable credit in favor of </font><b><font size=2>HSBC Bank Canada, </font></b><font size=2>31578 Marine Drive, West Vancouver, BC, V7Y1H8 for the account of </font><b><font size=2>PARAFIN Corporation</font></b><font size=2>, available by beneficiary&#146;s draft drawn on (Name of issuing bank) maturing on _______(Date), in the amount of __________________(Amount in figures and words). This Letter of Credit is valid until _____________ (15 days after maturity date of beneficiary&#146;s draft).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>The draft drawn under this credit must bear on its face the clause &#147;drawn under ______________ (Name of the issuing bank). Letter of Credit No. ______, dated ________,&#148; accompanied by a signed statement issued by ________________ (Name of financing bank) certifying that the amount of the Letter of Credit was discounted and Net Proceeds were paid at beneficiary&#146;s request to </font><B><font SIZE=2>HSBC BANK CANADA </font></B><font size=2>in favor of </font><b><font size=2>ParaFin Corporation </font></b><font size=2>in connection with facilities (or loan) granted to</font><b><font size=2> ParaFin Corporation.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>We hereby agree with the drawers, endorser, and bona fide holders of draft drawn under and in compliance with the terms of this credit that the same shall be duly honored at maturity on due presentation to us. Except as otherwise expressly stated herein, this credit is subject to the Uniform Customs and Practices for Documentary Credit (1993) International Chamber Publication 500. All mention about transferability may be deleted, Lender&#146;s option.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>______________________________ (Authorized Signature of Bank Officer)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>______________________________ (Authorized Signature of Bank Officer)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>= SUBJECT TO BANK APPROVAL =</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Transaction Code: AQ PARAFIN/090406-1/CIF</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/Suwan Deesunthia  </font></u></p> </td>
        <td width="187" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Sam Chanpradith</font></u></p> </td>
        <td width="185" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Francisco AmborsioSaez</font></u></p> </td> </tr></table>
</div>



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    <tr >
        <td width="175" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Buyer  </font></b></p> </td>
        <td width="181" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mandate  </font></b></p> </td>
        <td width="155" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller Asset-Manager</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="477" style='border-collapse:collapse; '>
    <tr >
        <td width="173" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09 /07/2006  </font></u></p> </td>
        <td width="184" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/06/2006  </font></u></p> </td>
        <td width="120" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/04 /_2006_  </font></u></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="465" style='border-collapse:collapse'>
    <tr >
        <td width="173" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
        <td width="185" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
        <td width="107" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font SIZE=2>UPON COUNTERSING OF THIS CORPORATE OFFER, SAID TRANSACTION SHALL BE CONFIRMED ON A BANK-TO-BANK BASIS TO THE FOLLOWING BANKING COORDINATES:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><u><font size=2>US Dollar ($) Denominated</font></u></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>US Domestic Currency and Securities Transfers</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="547" style='border-collapse:collapse; '>
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        <td width="115" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Bank Name</font></b></p> </td>
        <td width="173" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>: HSBC BANK USA</font></b></p> </td>
        <td width="155" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>SWIFT #  </font></B></p> </td>
        <td width="104" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>:</font></b><font SIZE=2>MRMDUS33  </font></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="503" style='border-collapse:collapse'>
    <tr >
        <td width="287" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="155" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>ABA Routing  </font></b></p> </td>
        <td width="61" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>:</font></b><font size=2> # 108</font></p> </td> </tr></table>
</div>



<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="548" style='border-collapse:collapse'>
    <tr >
        <td width="287" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="155" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Main Account  </font></b></p> </td>
        <td width="107" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>: </font></b><font size=2># 000050881</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="549" style='border-collapse:collapse; '>
    <tr >
        <td width="129" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="157" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>HSBC BANK Canada  </font></b></p> </td>
        <td width="156" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>FW  </font></B></p> </td>
        <td width="107" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>: </font></b><font size=2># 021001088</font></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="520" style='border-collapse:collapse'>
    <tr >
        <td width="129" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="157" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>31578 Marine Drive  </font></p> </td>
        <td width="157" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Transit  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>: </font></b><font size=2># 10510</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>West Vancouver, BC  </font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Institution  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>: </font></b><font size=2># 18</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>V7Y1H8  </font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>SWIFT #  </font></B></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>:</font></b><font size=2> HKBCCATT</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Client Account  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>: ParaFin Corporation  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Account  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>:</font></b><font size=2> # 008828-070</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Please note that any offers to buy/sale and acceptance of an offer, sale or buyer are </font><b><font size=2>subject to </font></b><font size=2>(a) </font><b><font size=2>Buyer&#146;s </font></b><font size=2> banking capacity confirmation (b) execution of a Purchase Agreement (c) ParaFin&#146;s Corporate Resolution accepting the transaction, terms, conditions and the </font><b><font size=2>Buyer.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><B><font SIZE=2>UPON BUYER COUNTERSIGNING THIS DOCUMENT SAME WILL BECOME A BIDING CONTRACT AS PER THE TERMS AND CONDITIONS HEREIN. THIS OFFER EXPIRES (D) FIVE BANKING DAYS GROM THE ISSUANCE OF THIS OFFER.</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/_Francisco Ambrosio__  </font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Suwan Deesuthia__</font></u></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>FRANCISCO AMBROSIO SAEZ, as  </font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mr. Suwan Deesuthia</font></b></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>The (&#147;</font><b><font size=2>Asset-Manager</font></b><font size=2>&#148;), Reserving all  </font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Wellslink Petroleum Co., Ltd.,</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Rights and defenses without prejudice  </font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>as the (&#147;</font><b><font size=2>Buyer</font></b><font size=2>&#148;) 125/3</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>UCC&sect;&sect; 1&#151;308.3-402(b) (1), 1-207,  </font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Sukhuravit 89 Bangjark</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1-103.6 </font><B><font SIZE=2>O/B/O PARAFIN CORPORATION  </font></B></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Phakhanong, Bangkok 10260</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>a publicly traded company</font></u><font size=2> (Symbol: OTC: PFNC),  </font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Thailand</font><u></u></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>as the (&#147;</font><b><font size=2>Seller</font></b><font size=2>&#148;).</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Date: </font></b><font size=2>September 07, 2006</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=1>Executed on: September 4, 2006</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=1>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Sam Chanpradith_</font></u></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Sam Chanpradith, President</font></b></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>LAO-CAN Holdings</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Ltd., as the (&#147;</font><b><font size=2>Seller&#146;s Madate</font></b><font size=2>&#148;)</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Date: September 06, 2006</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Transaction Code: AQ PARAFIN/090406-1/CIF</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/Suwan Deesunthia  </font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Sam Chanpradith</font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Francisco AmborsioSaez</font></u></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Buyer  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mandate  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Seller Asset-Manager</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09 /07/2006  </font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/06/2006  </font></u></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>_09_/04 /_2006_  </font></u></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year  </font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Mo/Day/Year</font></b></p> </td> </tr></table>
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