Written Resignation of Richard S. Francis as CEO and Director of XRG, Inc.

Summary

Richard S. Francis has submitted his immediate resignation as both CEO and a member of the Board of Directors of XRG, Inc. The resignation is addressed to the Board of Directors and takes effect immediately upon receipt. No additional terms, conditions, or obligations are specified in the resignation letter.

EX-10.4 5 xrg061016_ex10-4.txt WRITTEN RESIGNATION OF RICHARD S. FRANCIS Exhibit 10.4 Richard S. Francis 101 East Crafton Ave. Pittsburgh, PA 15205 February 21, 2006 Board of Directors of XRG, Inc. C/o Michael Cronin Johnson, Pope, Bokor, Ruppel, and Burns, LLP 911 Chestnut Street Clearwater, FL 33756 To The Board of Directors of XRG, Inc.: Please accept this as my notice to resign my position as CEO of XRG, Inc., and my Directorship from the Board of Directors effective immediately. Thank you. Sincerely, /s/ Richard S. Francis Richard S. Francis