SERIES A PREFERRED STOCK INVESTORS' RIGHTS AGREEMENT

                                                                   EXHIBIT 10.02







                     MORTGAGE ASSISTANCE CENTER CORPORATION

                            SERIES A PREFERRED STOCK

                           INVESTORS' RIGHTS AGREEMENT

                                NOVEMBER 30, 2006


















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                                TABLE OF CONTENTS

REGISTRATION RIGHTS............................................................1

         1.1      Registration Rights..........................................1
         1.2      Piggy-Back Registration......................................2
         1.3      Registration Expenses........................................3
         1.4      Form S-3 Registration........................................3
         1.5      Registration Procedures......................................3
         1.6      Indemnification..............................................4
         1.7      Information by Holder........................................6
         1.8      Limitations on Subsequent Registration Rights................6
         1.9      Rule 144 Reporting...........................................6
         1.10     Allocation of Registration Opportunities.....................7
         1.11     Delay of Registration........................................7
         1.12     Limitations on Registration..................................8
         1.13     Market Stand-Off.............................................8
         1.14     Legend.......................................................8

COMPANY COVENANTS..............................................................9

         2.1      Financial Information........................................9
         2.2      Inspection Rights............................................9
         2.3      Board of Directors..........................................10

MISCELLANEOUS.................................................................10

         3.1      Certain Definitions.........................................10
         3.2      Amendment...................................................11
         3.3      Notices.....................................................11
         3.4      Governing Law...............................................12
         3.5      Successors and Assigns......................................12
         3.6      Entire Agreement............................................13
         3.7      Delays or Omissions.........................................13
         3.8      Severability................................................13
         3.9      Titles and Subtitles........................................13
         3.10     Construction................................................13
         3.11     Counterparts................................................13
         3.12     Facsimile Execution and Delivery............................13
         3.13     Further Assurances..........................................14
         3.14     Several Rights and Obligations..............................14
         3.15     Termination.................................................14




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                     MORTGAGE ASSISTANCE CENTER CORPORATION
                            SERIES A PREFERRED STOCK
                           INVESTORS' RIGHTS AGREEMENT

         This  SERIES  A  PREFERRED  STOCK  INVESTORS'  RIGHTS  AGREEMENT  (this
"Agreement"), dated November 30, 2006 (the "Effective Date"), is executed by and
among  Mortgage  Assistance  Center  Corporation,  a  Florida  corporation  (the
"Company"), and the undersigned investors (the "Investors").

                                    RECITALS

         WHEREAS,  the  Investors  are parties to the Series A  Preferred  Stock
Purchase Agreement, dated as of the Effective Date, by and among the Company and
the  Investors  (the  "Purchase  Agreement")  pursuant  to which such  Investors
purchased shares of the Company's Series A Preferred Stock, par value $0.001 per
share (the "Series A Preferred  Stock"),  and warrants to purchase shares of the
Company's Common Stock, par value $0.001 per share (the "Common Stock",  and the
shares of Common Stock  underlying  the warrants  issued in connection  with the
Purchase  Agreement  and  the  Note  (defined  below)  are  referred  to as  the
"Shares");

         WHEREAS,  a certain Investor has advanced funds to the Company pursuant
to certain  Promissory Notes dated August 10, 2006 and September 14, 2006 in the
aggregate  principal  amount of  $200,000  (collectively,  the  "Note"),  and in
connection  therewith was granted a warrant to purchase  shares of the Company's
Common Stock; and

         WHEREAS,  certain of the Company's and the Investors' obligations under
the  Purchase  Agreement  are  conditioned  on the  Company  and  the  Investors
executing and delivering this Agreement.

                                    AGREEMENT

         In consideration of the mutual promises and covenants set forth in this
Agreement and the Purchase Agreement, the parties agree as follows:

                                    SECTION 1

                               REGISTRATION RIGHTS
1.1      Registration Rights

         The  Company  shall  file  a   registration   statement   covering  the
Registrable  Securities  and  shall  cause  such  registration  statement  to be
effective  within  eighteen  (18) months after the  Effective  Date (the "Filing
Period"). 


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         1.2 Piggy-Back Registration (a) In the event the Registrable Securities
have not  otherwise  been  registered  in  accordance  with  Section 1.1, if the
Company decides at any time to register any of the Company's  securities  either
for the  Company's  own account or the  account of a security  holder or holders
exercising their respective demand  registration rights or otherwise (other than
pursuant  to Section 1.1 or Section  1.4),  other than a  registration  relating
solely to employee benefit plans,  the offer and sale of debt  securities,  or a
corporate  reorganization  or other  transaction  on Form S-4 (or any  successor
form), then the Company will:

                  (i) promptly give to each Holder written notice thereof; and

                  (ii) use its best efforts to include in such registration (and
         any  related  qualification  under  blue sky  securities  laws or other
         compliance),  except as set forth in Section 1.2(b), and include in any
         underwriting involved therein, all the Registrable Securities specified
         in a written request or requests made by any Holder and received by the
         Company  within thirty (30) days after  written  notice is delivered by
         the Company. Such request by a Holder may specify all or a part of such
         Holder's Registrable Securities. If a Holder decides not to include all
         of its Registrable  Securities in any registration statement thereafter
         filed by the Company,  then such Holder shall nevertheless  continue to
         have the right to  include  any of its  Registrable  Securities  in any
         subsequent  registration statement or registration statements as may be
         filed by the Company with respect to offerings of its  securities,  all
         upon the terms and conditions set forth herein.

         (b) If the  registration  for which the Company  gives  notice is for a
registered public offering  involving an underwriting,  then the Company will so
advise the Holders as a part of the  written  notice  given  pursuant to Section
1.2(a)(i).  In such event,  any Holder's right to registration  pursuant to this
Section  1.2  will be  conditioned  upon  such  Holder's  participation  in such
underwriting  and the inclusion of such Holder's  Registrable  Securities in the
underwriting to the extent provided herein.  All Holders proposing to distribute
their Registrable  Securities  through such underwriting will (together with the
Company and the other holders of Company securities with registration  rights to
participate therein) enter into an underwriting agreement in customary form with
the  representative  of the underwriter or underwriters  selected by the Company
and reasonably  acceptable to a majority in interest of the Holders' Registrable
Securities included in such underwriting.

         (c)  Notwithstanding  any other  provision  of this Section 1.2, if the
underwriters'  representative  advises  the  Company in writing  that  marketing
factors  require a limitation on the number of shares to be  underwritten,  then
the  underwriters'  representative  may  (subject to the  limitations  set forth
below)  limit the  number of  Registrable  Securities  to be  included  in,  the
registration  and  underwriting,  but  in no  event  shall  (i)  the  amount  of
securities of the selling Holders included in the offering be reduced unless the
securities of all other selling stockholders  included in the offering are first
excluded  entirely,  or (ii) the amount of  securities  of the  selling  Holders
included in the  offering be reduced  below  twenty  percent  (20%) of the total
amount of  securities  included in such  offering,  unless such  offering is the
initial public offering of the Company's  securities,  in which case the selling
Holders may be excluded entirely if the underwriter's  representative  makes the
determination above and if the securities of all other selling  stockholders are



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first  excluded  entirely.  The Company will so advise all Holders of securities
requesting  registration,  and the  number  of  shares  of  securities  that are
entitled to be included in the registration and  underwriting  will,  subject to
the  immediately  preceding  sentence,  be  allocated  first to the  Company for
securities  being sold for the Company's own account and thereafter as set forth
in  Section  1.10.  If any  Person  does  not  agree  to the  terms  of any such
underwriting, then such Person will be excluded from the underwriting by written
notice from the Company or the underwriter.  Any Registrable Securities or other
securities  excluded or withdrawn from such  underwriting will be withdrawn from
such registration. To facilitate the allocation of shares in accordance with the
foregoing provisions,  the Company or the underwriter(s) may round the number of
shares allocated to any Holder to the nearest 100 shares.

         (d) If shares are so withdrawn from the  registration and if the number
of shares of  Registrable  Securities  to be included in such  registration  was
previously reduced as a result of marketing factors, then the Company will offer
to all  Persons  who have  retained  the  right  to  include  securities  in the
registration the right to include  additional  securities in the registration in
an aggregate amount equal to the number of shares so withdrawn, with such shares
to be allocated among the Persons requesting  additional inclusion in accordance
with Section 1.10.

         1.3 Registration Expenses

         All Registration Expenses incurred in connection with any registration,
qualification or compliance pursuant to Section 1.1, 1.2 or 1.4 will be borne by
the Company provided, however, that the Company shall not be required to pay for
any expenses of any registration proceeding begun pursuant to Section 1.4 if the
registration request is subsequently  withdrawn at the request of the Holders of
a majority of the  Registrable  Securities to be  registered  (in which case all
selling  Holders  shall  bear such  expenses  pro rata  based upon the number of
Registrable Securities that were to be included in the withdrawn registration).

         1.4 Form S-3 Registration

         To the  extent the  Company  is not  otherwise  already  eligible,  the
Company  will use its best efforts to qualify for  registration  on Form S-3 (or
any successor form). After the Company has qualified for the use of Form S-3, in
addition to the rights contained in the foregoing  provisions of this Section 1,
the Company will effect as soon as  practicable  a  registration  on Form S-3 if
requested by one or more Holders who hold in the  aggregate at least ten percent
(10%) of the Registrable Securities, which registration will result in aggregate
proceeds to the Company, net of Selling Expenses, of at least $1,000,000.

         1.5 Registration Procedures

         In the case of each  registration  effected by the Company  pursuant to
this Section 1, the Company  will keep each Holder  advised in writing as to the
initiation  of  each  registration  and as to  the  completion  thereof.  At the
Company's expense, the Company will use its best efforts to:

         (a) keep such registration effective for a period of one hundred twenty
(120)  days or until the  Holder or  Holders  have  completed  the  distribution
described in the  registration  statement  relating  thereto,  whichever  occurs
first;



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         (b)  prepare  and  file  with  the  Commission   such   amendments  and
supplements to such registration statement and the prospectus used in connection
with  such  registration  statement  as may be  necessary  to  comply  with  the
provisions  of  the  Securities  Act  with  respect  to the  disposition  of all
securities covered by such registration statement;

         (c)  furnish  such  number  of  prospectuses,   including   preliminary
prospectuses,  and other documents incident thereto,  including any amendment of
or supplement to the  prospectus,  as a Holder from time to time may  reasonably
request;

         (d) cause all such Registrable  Securities  registered pursuant to this
Agreement to be listed on each securities  exchange on which similar  securities
issued by the Company are then listed;

(e) enter into and
perform its obligations under any underwriting agreement to effect the offer and
sale of Registrable Securities;

         (f) register and qualify the  securities  covered by such  registration
statement   under  such  other   securities  laws  or  blue  sky  laws  of  such
jurisdictions as will be reasonably requested by the Holders;  provided that the
Company will not be required in connection  therewith or as a condition  thereto
to qualify to do business or to file a general  consent to service of process in
any such states or jurisdictions;

         (g) notify each Holder  covered by such  registration  statement at any
time when a prospectus  relating  thereto is required to be delivered  under the
Securities Act of the happening of any event as a result of which the prospectus
included in such registration  statement,  as then in effect, includes an untrue
statement of a material  fact or omits to state a material  fact  required to be
stated  therein or necessary to make the  statements  therein not  misleading in
light of the circumstances then existing; and

         (h)  provide  a  transfer  agent  and  registrar  for  all  Registrable
Securities  registered  hereunder  and a CUSIP  number for all such  Registrable
Securities, in each case not later than the effect date of such registration.

         1.6 Indemnification

         (a) The Company will  indemnify,  defend and hold harmless each Holder,
its officers,  directors,  stockholders,  partners, members, employees,  agents,
legal  counsel,   accountants  and  other   representatives,   and  each  Person
controlling  such Holder within the meaning of Section 15 of the Securities Act,
and each  underwriter  and each Person who controls any  underwriter  within the
meaning  of Section  15 of the  Securities  Act,  from and  against  any and all
losses, claims, damages, liabilities,  obligations, fines, penalties, judgments,
settlements,  costs, expenses and disbursements (including,  without limitation,
attorneys'  fees and  expenses),  joint or several  (or any  action,  grievance,
hearing, investigation,  proceeding or suit with respect thereto) (collectively,
"Losses") arising out of or based on (i) any untrue statement (or alleged untrue
statement)  of  a  material  fact  contained  in  any  registration   statement,
prospectus,  offering circular or other document,  (ii) any omission (or alleged
omission)  to state  therein a material  fact  required to be stated  therein or
necessary to make the statements therein not misleading,  or (iii) any violation
(or alleged  violation) by the Company of the Securities  Act, the Exchange Act,



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any state securities or blue sky law, or any rule or regulation under any of the
foregoing  applicable to the Company.  The Company will promptly  reimburse each
such  indemnified  Person for any Losses as they are incurred.  The Company will
not be liable for Losses to the extent  that such Losses are based on any untrue
statement or omission based upon written information furnished to the Company by
a  Holder  or  underwriter  and  stated  to be  specifically  for  use  in  such
registration  statement,  prospectus,  offering circular or other document.  The
obligations  of the Company under this Section  1.6(a) will not apply to amounts
paid in settlement of any such Losses if such settlement is effected without the
Company's consent (which consent will not be unreasonably withheld).

         (b) Each Holder will, if Registrable Securities held by such Holder are
included in the  securities  as to which such  registration  is being  effected,
indemnify,  defend and hold  harmless  the  Company,  its  officers,  directors,
stockholders,  partners, members, employees,  agents, legal counsel, accountants
and other  representatives,  and each Person  controlling the Company within the
meaning of Section  15 of the  Securities  Act,  and each  underwriter  and each
Person who  controls  any  underwriter  within the  meaning of Section 15 of the
Securities  Act, from and against any and all Losses  arising out of or based on
(i) any untrue  statement  (or  alleged  untrue  statement)  of a material  fact
contained in any registration statement,  prospectus, offering circular or other
document, or (ii) any omission (or alleged omission) to state therein a material
fact required to be stated therein or necessary to make the  statements  therein
not  misleading.  The  applicable  Holder  will