<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>form10sba2-ex993.txt
<TEXT>
                                                           [EXHIBIT 99.3]

                      CONSULTING AGREEMENT

This consulting agreement (this "Agreement"), effective as of May
31, 2006 is entered by and between PSI- TEC Holdings, a Nevada
Corporation ("the Company") and Draco Financial LLC. a Florida
Limited Liability Company ("Consultant").

RECITALS
--------

WHEREAS, Consultant has experience in the area of corporate finance,
investor communications and financial and investor public relations;
and

WHEREAS, the Company desires to engage the services of Consultant to
assist and consult with the Company in matters concerning corporate
finance, investor communications and public relations with existing
shareholders, brokers, dealers and other investment professionals as
to the Company's current and proposed activities;

NOW THEREFORE, in consideration of the premises and the mutual
covenants and agreements herein set forth, and intending to be
legally bound, the Company and Consultant agree as follows:

1.  Term of Consultancy. The Company engages Consultant to act in
    -------------------
    a consulting capacity to the Company, and the Consultant agrees
    to provide services to the Company commencing on the date first
    set forth above and ending one year later (the "term of this
    Agreement.")

2.  Duties of Consultant. The Consultant will generally provide
    --------------------
    the following specified consulting services ( the "Services")
    through its officers and employees during the term of this
    Agreement:

    A.  Advise and assist the Company in developing and
        implementing appropriate plans and materials for
        presenting the Company and its business plans, strategy
        and personnel to the financial community, establishing
        an image for the Company in the financial community, and
        creating the foundation for subsequent financial public
        relations efforts;

    B.  Introduce the Company to the financial community;

    C.  With the cooperation of the Company, maintain an awareness
        during the term of this Agreement of the Company's plans,
        strategy, and personnel, as they may evolve during
        such period, and advise and assist the Company in
        communicating appropriate information regarding
        such plans, and personnel to the financial community;

    D.  Assist and advise the Company with respect to its (i)
        stockholder and


<PAGE>


        investor relations, (ii) relations with brokers,
        dealers, analysts and other investment
        professionals, and (iii) financial and media public
        relations generally;

    E.  Perform the functions generally assigned to
        investor/stockholder relations departments in major
        corporations, including responding to telephone and
        written inquiries (which may be referred to the
        Consultant by the Company); assisting in the
        preparation of press releases for the Company with
        the Company's involvement and approval or reviewing
        press releases, reports and other communications
        with or to shareholders, the investment community
        and the general public; advising with respect to
        the timing, form, distribution and other matters
        related to such releases, reports, communications
        and consulting with respect to corporate symbols,
        logos, names, the presentation of such symbols,
        logos, and names, and other matter relating to
        corporate image.

    F.  Upon receipt of the Company's approval, disseminate
        information (media kit) regarding the Company to
        shareholders, brokers, dealers and other investment
        community professionals and the general investing
        public.

    G.  Upon receipt of the Company's approval, conduct
        meetings in person or by telephone, with brokers,
        dealers, analysts, other investment professionals
        and the general investment public;

    H.  At the Company's request, review business plans,
        strategies, mission statements, budgets, proposed
        transactions and other plans for the purpose of
        advising the Company of the investment community
        implications thereof; and

    I.  Otherwise perform as the Company's financial
        relations and public relations consultant.

1.  Allocation of Time and Energies. The Consultant will perform
    -------------------------------
    the Services in a professional manner in accordance with
    accepted industry standards and in compliance with applicable
    securities laws and regulations. Although no specific hours-
    per-day requirement will be required, the parties acknowledge
    and agree that a disproportionately large amount of the effort
    to be extended and the costs to be incurred by the Consultant
    and the benefits to be received by the Company are to be
    expected to occur upon and shortly after, and in any event,
    within two months of the effectiveness of this Agreement. It
    is explicitly understood that Consultants performance of its
    duties hereunder will in no way be measured by the price of
    the Company's common stock, nor the trading volume of the
    Company's common stock.

2.  Remuneration. As full and complete compensation for the
    ------------
    Consultant's agreement to perform the Services, the
    Company shall compensate the Consultant as follows:


<PAGE>


    A.  For undertaking this engagement and for other good  and
        valuable consideration, the Company agrees to issue and
        deliver to the Consultant a "Commencement Bonus"
        payable in the form of 200,000 shares of the
        Company's Common Stock ("Common Stock"). This
        Commencement Bonus shall be issued to the Consultant
        immediately following execution of the Agreement and
        shall, when issued to the Consultant be fully paid
        and non assessable. The Company understands and
        agrees that engagement and the Company derives
        substantial benefit from the execution of this
        Agreement and the ability to establish its
        relationship with the Consultant. The shares of
        Common Stock issued as a Commencement Bonus,
        therefore, constitute payment for Consultant's
        agreement to consult with the Company and are a
        prepayment for future services. If the Company
        attempts to terminate this Agreement prior to the
        expiration of its term for any reason whatsoever, it
        is agreed and understood that Consultant will not be
        requested or demanded by the Company to return any
        of the Shares paid to it hereunder.

    B.  All Shares of the Common Stock issued pursuant to
        this Agreement shall be issued in the name of
        Consultant. The Company agrees that it will use
        its best efforts to include all shares issued to
        Consultant hereunder in the Company's next
        Registration Statement to be declared effective by
        the SEC as soon as possible thereafter.

5.  Expenses. Consultant agrees to pay for all its expenses (phone,
    --------
    labor, etc.), other than extraordinary items for which the
    Company will reimburse Consultant. Such extraordinary items
    include travel and entertainment required by/or specifically
    requested by the Company, luncheons or dinners for large groups
    of investment professionals, mass faxing to a sizable
    percentage of the Company's constituents, investor conference
    calls, print advertisements in publications and like expenses
    approved by the Company prior to its incurring an obligation
    for reimbursement.

6.  Indemnification. The Company agrees to indemnify and hold
    ---------------
    Consultant harmless from and against any losses, damages or
    liabilities related to or arising out of Consultant's
    engagement, and will reimburse Consultant for all reasonable
    expenses (including reasonable counsel fees) as they are
    incurred by Consultant in connection with investigating,
    preparing for or defending any action or claim related thereto,
    whether or not in connection with pending or threatened
    litigation in which Consultant is a party. The Company will
    not, however, be responsible for any actions, claims,
    liabilities, losses, damages or expenses which are finally
    judicially determined to have resulted primarily from the bad
    faith or gross negligence of Consultant. The Company also
    agrees that Consultant shall not have any liability for or in
    connection with such engagement, except for any such liability
    for losses, claims, damages, liabilities or expenses incurred
    by the Company that result primarily from the bad faith or
    gross negligence of Consultant. In the


<PAGE>


    event that the foregoing indemnity is unavailable (except by
    reason of the bad faith or gross negligence of Consultant),
    then the Company shall contribute to amounts paid or payable by
    Consultant in respect of its losses, claims, damages and
    liabilities in such proportion as appropriately reflects the
    relative benefits as to which such losses, claims, damages or
    liabilities relate to and other equitable considerations;
    provided, however, that in no event shall the amount to be
    contributed by Consultant exceed the amounts actually received
    by Consultant. The foregoing shall be in addition to any rights
    that Consultant may have at common law or otherwise and shall
    extend upon the same terms to inure to the benefit or and
    director, officer, employee, agent or controlling person
    Consultant.

7.  Representations. The Company warrants and represents that all
    ---------------
    oral communications, written documents or materials furnished
    to Consultant are accurate, and the Consultant warrants and
    represents that all communications by Consultant with the
    public with respect to the financial affairs, operations,
    profitability and strategic planning of the Company will be in
    accordance with information provided to it by the Company. The
    Company may rely upon the accuracy of the information provided
    by the Company without independent investigation. Consultant
    represents that it is not required to maintain any licences
    and registrations under federal or any state regulations
    necessary to perform the services set forth herein. Consultant
    acknowledges that to the beast of its knowledge. Consultant
    and its officers and directors are not the subject of any
    investigation, claim, decree or judgment involving any
    violation of the SEC or securities laws.

8.  Status as Independent Contractor. Consultant's engagement
    --------------------------------
    pursuant to this Agreement shall be as independent contractor,
    and not as employee, officer or other agent of the Company.
    Neither party to this Agreement shall represent or hold itself
    out to be the employer or employee of the other. Consultant
    further acknowledges the consideration provided hereinabove is
    a gross amount of consideration and that the Company will not
    withhold from such consideration and that the Company will not
    withhold from such consideration any amounts as to income
    taxes, social security payments or any other payroll taxes. All
    such income taxes and other such payments shall be made or
    provided for by Consultant and the Company shall have no
    responsibility or duties regarding such matters. Neither the
    Company nor the Consultant possesses the authority to bind each
    other in any agreements without the express written consent of
    the entity to be bound.

9.  Attorneys Fees. If any legal action or any arbitration or other
    --------------
    proceeding is brought for the enforcement or interruption of
    the Agreement, or because of alleged dispute, breach, default
    or misrepresentation in connection with or related to this
    Agreement, the successful or prevailing party shall be entitled
    to recover reasonable attorney's fees and other costs in
    connection with that action or proceeding, in addition to any
    other relief to which they may be entitled.

10. Waiver. The waiver by either party of a breach of any provision
    ------
    of this agreement by the other party shall not operate or be
    construed as a waiver of any subsequent breach by such other party.


<PAGE>


11. Notices. All notices, requests, and other communications
    -------
    hereunder shall be deemed to be duly given if sent by U.S.
    mail, postage, prepaid, addressed to the other party at the
    address set forth herein below:





    Draco Financial                    PSI Tech Holdings 2601
                                       ----------------------
    1101 N. LK  Destiny Rd.            Annand Drive
                                       ------------
    Suite 365                          Suite 16
                                       --------
    Maitland, FL  32751                Wilmington, Delaware  19808
                                       ---------------------------

    Either party may change address to which notices for it shall
    be addressed by providing notice of such change to other party
    in the manner set forth in this paragraph.

12. Choice of Law, Jurisdiction and Venue. This Agreement shall be
    -------------------------------------
    governed by, construed and enforced in accordance with the
    internal laws of the State of Delaware, without giving effect
    to its conflict of laws choice of law principals.

13. Arbitration. Any controversy of claim arising out of or
    -----------
    relating to this Agreement, or the alleged breach thereof, or
    relating to Consultant's activities or remuneration under
    this Agreement, shall be settled by binding arbitration in
    Wilmington, Delaware, in accordance with the applicable rules
    of the American Arbitration Association, and judgement on the
    award rendered by the arbitrator(s) shall be binding on the
    parties and may be entered in any court having jurisdiction.

14. Complete Agreement. This Agreement contains the entire
    ------------------
    agreement of the parties relating to the subject matter
    hereof. This Agreement and its terms may not be changed orally
    but only by an agreement in writing signed by the party
    against whom enforcement of any waiver, change, modification,
    extension or discharge is sought.







<PAGE>


AGREED TO:


"The Company"                     PSI-TEC HOLDINGS




Date:   6/19/06                   By: /s/ Ron Genova
      -------------                   ----------------------
                                      Ron Genova, CEO
                                      & Its Duly Authorized Officer




"Consultant"                      DRACO FINANCIAL LLC




Date:   6/14/06                   By: /s/Rick Esquivel
     -------------                    ----------------------
                                      Rick Esquivel, CEO
                                      & Its Duly Authorized Officer




<PAGE>
</TEXT>
</DOCUMENT>
