Exhibit 10.1 Promissory Note by and between Phoenix Energy Resource Corp. and Amphion Investments Corp
EX-10.1 2 ex10_1.htm EXHIBIT 10.1 ex10_1.htm
PROMISSORY NOTE
$8,000 0; Dated April 30th, 2010
FOR VALUE RECEIVED, the undersigned promises to pay to the order of _AMPHION INVESTMENTS CORP._____ (the “Holder”), the sum of __EIGHT THOUSAND____ ($8,000) DOLLARS to pay off existing debt for __ACCOUNTING AND AUDIT FEES___ for Phoenix Energy Resource Corp., with an interest rate of 8%,
payable _12__ months from the date of execution hereof.
THE TOTAL OF ___EIGHT THOUSAND____ AND NO/00 ($8,000) DOLLARS, PLUS ACCRUED INTEREST, WILL BE PAID, _APRIL_ 30 TH __, 2011.
IN WITNESS WHEREOF, the Maker has caused this note to be executed by its duly authorized officer on this __30__ day of __APRIL____, 2010.
MAKER
Phoenix Energy Resource Corp.
By:/s/ Rene Soullier
Rene Soullier
President