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BRIDGE LOAN AGREEMENT

Bridge Loan Agreement

BRIDGE LOAN AGREEMENT

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This Bridge Loan Agreement involves

ASIA INTERACTIVE MEDIA INC. | BLACK GARDENIA CORP.

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Title: BRIDGE LOAN AGREEMENT
Date: 4/2/2007

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Filed by Automated Filing Services Inc. (604) 609-0244 - Asia Interactive Media Inc. - Exhibit 10.2

BRIDGE LOAN AGREEMENT

THIS AGREEMENT (the "Agreement") effective as of the 16th day of February, 2007,

BETWEEN

BLACK GARDENIA CORP.
12th Floor - 777 West Broadway
Vancouver, British Columbia V5Z 4J7

(the "Lender")

AND

LIVE-INTERACTIVE TECHNOLOGY LTD.
Room 211, 2/F., International Commerce Building
Southern District, DongGuan
GuangDong, China 523110

(the “Borrower”)

WHEREAS:

The Lender and the Borrower have agreed to enter into this Bridge Loan Agreement for their mutual benefit.

THIS AGREEMENT WITNESSES that the parties have agreed that the terms and conditions of the relationship shall be as follows:

1.

The Lender agrees to lend to the Borrower and the Borrower agrees to borrow from the Lender the sum of Two Hundred Fifty Thousand renminbi (¥250,000.00) of lawful money of the People’s Republic of China (the "Principal Sum").

 

 

 

2.

The Principal Sum will be due and payable (the “Due Date”) on the earlier of:

 

 

 

 

a.

Ten days after the closing of the acquisition of the Borrower by the Lender; or

 

b.

Three months from the date of the loan which is May 16, 2007.

 

 

 

3.

The Borrower and the Lender agree that the Borrower will pay no interest on the Principal Sum as long as the Principal Sum is paid in full on or before the Due Date.

 

 

 

4.

In the event that the Borrower does not pay the Lender the full Principal Sum by the Due Date, then the Borrower will begin to pay interest from the Due Date until the Principal Sum is paid in full at a rate of 15% (fifteen percent) per annum.

 


 

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5.

The Borrower agrees to repay the Lender at its office in the City of Vancouver, located at: 12th Floor, 777 West Broadway, Vancouver, British Columbia V5Z 4J7, or at any other place in Canada as the Lender may direct.