EXHIBIT 10.4
IRIS WARE SOLUTIONS
INC.
1809 Arborlynn Drive
North Vancouver, B.C. V7J
2V7
Tel: 604
961-5925
Fax:604
984-9330
January 4, 2005
Mr. Ralph
Shearing
Strategic Internet
Investments Incorporated.
Suite 450 – 650
West Georgia Street
Vancouver, B.C.
Canada
V6B 4N8
Re: Consulting Fee
Letter for IT Consulting and Computer network
Maintenance
Dear Mr.
Shearing:
Pursuant to your
request, Pedro Eiler Pedersen ("Consultant") has agreed to continue
to act for Strategic Internet Investments Incorporated., (the
“Company”) as an advisor and consultant to source
and review e-commerce businesses targeted for potential acquisition
by the Company, make recommendations for IT components for the
Company’s Dream Island Development Project plus act as the
Company's IT and computer network maintenance
technician.
Payment for consulting
fees and expense reimbursement has been agreed to as
follows:
Consulting fees will be
billed monthly at the daily rate of US$500.00 per day for work
performed as requested by the Company.. The fee will be due
and payable in cash as invoiced. In the event that cash is
not available to pay the consulting fees, shares of the common
stock of the Company, valued at a price to be negotiated in good
faith, will be accepted as payment in full. These shares will
be issued in conjunction with a Registration Sta
