ASSET PURCHASE AGREEMENT



         This Asset Purchase Agreement ("Agreement") is entered into effective

September 29, 2005 (the "Effective Date") by and between Platinum SuperYachts,

Inc., a Nevada corporation (the "Seller") and Shahhid Vohra (the "Purchaser").

Seller and Purchaser (each a "Party" and collectively the "Parties") agree as

follows:



This Agreement is made with reference to the following essential facts:



Seller has agreed to sell and Purchaser has agreed to purchase certain assets of

Seller related to the marine business of Seller, as described in more detail on

EXHIBIT A attached hereto (the "Assets").



         1. SALE AND PURCHASE OF THE ASSETS. Pursuant to the terms and subject

to the conditions of this Agreement, Seller agrees to sell, deliver and assign

to Purchaser, and Purchaser agrees to purchase, acquire and accept from Seller,

on the Closing Date (as hereinafter defined) for the price set forth in Section

4.1 hereof, all of Seller's right, title and interest in and to the Assets.



         2. NO ASSUMPTION OF LIABILITIES. Purchaser is not required to, and

shall not assume, pay, perform, defend, discharge or guarantee or be deemed to

have assumed, paid, performed, defended or discharged or guaranteed, or

otherwise be responsible for any liability, obligation or claim of any nature of

Seller, whether matured or unmatured, liquidated or unliquidated, fixed or

contingent, known or unknown, or whether arising out of acts or occurrences

prior to, at or after the Closing Date as to Seller and prior to the Closing

Date as to the Assets.



         3. CONSIDERATION.



                  3.1. PURCHASE PRICE. As payment for the Assets, and pursuant

to the terms and subject to the conditions of Section 3.2 below, at Closing

Seller agrees to allow Purchaser to cancel Nine Million shares of the common

stock of Seller beneficially owned by Purchaser (the "Purchase Price").



         4. REPRESENTATIONS AND WARRANTIES OF SELLER. Seller hereby represents

and warrant to Purchaser as follows:



                  4.1. DUE ORGANIZATION AND POWER OF SELLER. Seller is a

corporation duly organized, validly existing and in good standing under the laws

of the State of Nevada and has all requisite power and authority to enter into

this Agreement and to perform its obligations hereunder. Seller has not entered

into any agreement or contract to sell the Assets with any third party.



                  4.2. NO VIOLATION. The execution and delivery of this

Agreement will not (i) conflict with, or result in a default (or give rise to a

situation that would constitute a default but for a requirement of notice or

lapse of time or both) under, any document, agreement or other instrument to

which Seller or the Business is a party or by which Seller or the Business is

bound, including, Seller's Articles of Incorporation or Bylaws, (ii) result in

the creation or imposition of any lien or encumbrance on the Assets; (iii)

violate any statute or law of any jurisdiction or any judgment, decree, order,

regulation or rule of any court or governmental authority to which Seller is

subject.





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                  4.3. NO CONSENT. No consent, approval or authorization of, or

declaration, filing or registration with, any governmental or regulatory

authority is required to be made or obtained by Seller in connection with the

execution, delivery and performance of this Agreement by Seller.



                  4.4. TITLE TO ASSETS; ABSENCE OF LIENS. Seller has good, legal

and marketable title to all of the Assets, free and clear of all liens, defects,

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