EXHIBIT 10.35

                                 PROMISSORY NOTE

$200,000                                                         March 24, 2003


         FOR VALUE RECEIVED, the undersigned, Cedric Kushner Promotions, Inc.
("Cedric Kushner Promotions") hereby promises to pay to the order of Charles
Crispino ("Crispino") the principal sum of TWO HUNDRED THOUSAND DOLLARS
($200,000) in lawful money of the United States of America in immediately
available funds on or before August 1, 2003 (the "Maturity Date").

         Cedric Kushner Promotions agrees to pay a fee (the "Fee") to Crispino
equal to $20,000 on the Maturity Date, such Fee to represent reimbursement for
legal and administrative expenses as well as interest on the principal amount.

         Cedric Kushner Promotions hereby waives diligence, presentment, demand,
protest and notice of any kind whatsoever. The nonexercise by Crispino of any of
its rights hereunder in any particular instance shall not constitute a waiver
thereof in that or any subsequent instance. Cedric Kushner Promotions shall pay
on demand all reasonable out-of-pocket costs and expenses of collection,
including reasonable attorney fees incurred or paid by Crispino in enforcing
this Promissory Note.

         This Promissory Note shall be construed in accordance with and governed
by the laws of the State of New York. Cedric Kushner Promotions hereby
irrevocably (i) agrees that any litigation, action or proceeding arising out of
or relating to this Promissory Note may be instituted in any state or federal
court in the State of New York and (ii) waives any objection which it may have
to the venue of any such litigation, action or proceeding.

         This Promissory Note cannot be modified except by a written instrument
signed by each of Cedric Kushner Promotions and Crispino.

CEDRIC KUSHNER PROMOTIONS, INC.

By: ______________________
Name:
Title:


