Trent Radio:

Schedule of Disbursements per MBanx $20,000 Demand Loan



PAYEE                      CHQ#    DATE         AMOUNT

Promethean Electronics     0087   31May96     2,461.00 Technical Brief 100.3Mhz

William Hodgson            0129   30Aug96       800.00 Rewiring Phase #1a

Juke Rock Systems          0138   13Sep96       575.00 Purchase & Repair CPUs

Linden Video Systems       0139   13Sep96     1,216.70 Industrial VHS Logger

Tele-Tech Markham          0170   25Oct96     1,236.25 PMD 510 Cassette

Promethean Electronics     0174   25Oct96     1,984.00 Technical Brief 92.7Mhz

William Hodgson            0189   06Dec97       400.00 Rewiring Phase #1b

Juke Rock Systems          0201   03Jan97       138.00 Purchase CPU

Harris Broadcasting Inc    0206   10Jan97       503.70 Stereo Comp/Lmtr/Xpndr

Promethean Electronics     0225   01Feb97     5,067.30 Harris TVT Xmitter

Promethean Electronics     0237   28Feb97     1,102.64 D Load & Wattmeter Plug

Ian D Osborn               0238   28Feb97       500.00 2x Sennheiser 421 Mics'

Promethean Electronics     0279   02May97     5,000.00 Installation Phase #1

Promethean Electronics     0318   04Jul97     2,480.11 Installation Phase #2

Promethean Electronics     0329   08Jul97       257.89 Site Visit & Hand Off

                                           ------------

               Tot'l >                      $23,722.59

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     prepared 08Jul97 / jkm