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Item 6.   Exhibits and Reports on Form 8-K
          (a) Exhibit 10.1 - Convertible Promissory Note, payable to
              Reinhardt Thyzel, by the Company


                            CONVERTIBLE NOTE
                            ----------------

$250,000                                                        March 27, 2000

    Laser Corporation, a Utah corporation ("Laser"), for value received, hereby
promises to pay to the order of  Reinhardt Thyzel or his successors and assigns
(collectively "Payee"), in lawful money of the United States at the address of
Payee set forth below, the principal sum of Two Hundred Fifty Thousand and
No/100 Dollars ($250,000), together with interest on the unpaid principal at the
simple rate of 7% per annum. The principal balance of $250,000 shall be paid in
full on March 27, 2002.

      Interest shall be computed on the basis of a 360-day year and actual days
elapsed.

      Subject to the provisions of this Note, Payee has the right at his option
to convert, from time to time prior to maturity all or part of the principal
amount and any amounts of accrued but unpaid interest hereof into the $0.05 par
value common stock (the "Common Stock") of Laser at the conversion price of
$5.00 for one share of Common Stock.  Conversion hereunder by Payee shall take
place at the offices of Laser in Salt Lake City, Utah, 1:00 p.m., on the second
day following actual receipt of notice by Laser of Payee's intent to convert.
Upon such conversion and as a condition thereto, Payee shall surrender this Note
evidencing the remaining obligation of Laser, if any, and Payee shall deliver
an executed letter of investment interest as prepared by Laser's counsel.  Upon
conversion of any portion constituting less than all of the principal amount
hereof and any amounts of accrued but unpaid interest, Laser shall issue a new
Note, with identical terms and conditions as this Note except the date of issue,
for the original principal amount hereof not converted.

        It is understood and agreed that the shares of Common Stock issued upon
conversion as described above, shall be restricted securities as defined by the
Securities Act of 1933.

     In the event any changes are made to the Common Stock (whether by reason of
merger, consolidation,  reorganization,  recapitalization, stock dividend, stock
split,  combination  of  shares,  exchange  of shares  or  change  in  corporate
structure), this Note shall, after such change, be convertible into the kind and
number of shares of stock or other  securities or property of the corporation or
otherwise  to which Payee  would have been  entitled  immediately  prior to such
change  had he  converted  this  Note into  Laser  Common  Stock.  If any of the
foregoing  adjustments shall result in a fractional share, the fraction shall be
rounded to the nearest share.

                In the event of a change in the Laser Common Stock as currently
constituted, the shares resulting from any such change shall be deemed to be
the Common Stock within the meaning of this Option.  To the extent that the
foregoing adjustments relate to stock or securities of the Company, such
adjustments shall be made by and in the sole discretion of the Company's Board
of Directors, whose determination in that respect shall be final, binding and
conclusive.

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                In case of any capital reclassification or reorganization, any
consolidation or merger of Laser with or into another corporation (other than
a merger with a subsidiary after which Laser is the continuing corporation and
which does not result in any reclassification, capital reorganization or other
change of outstanding stock) or any sale or conveyance to another corporation
of the assets of Laser as an entirety or substantially as an entirety, Laser,
as a condition precedent to such transaction, shall cause effective provision
to be made so that the Payee shall have the right thereafter, by exercising the
conversion rights hereunder to purchase the kind and amount of securities and/or
other property receivable upon such reclassification, reorganization,
consolidation, merger, sale, lease or conveyance as if the Payee had exercised
the conversion rights in full immediately prior to such reclassification,
reorganization, consolidation, merger, sale or conveyance.  Any such provision
shall include provision for adjustments that shall be as nearly equivalent as
may be practicable to the adjustments provided for in this Note, including
this paragraph.  If, as a result of an adjustment made pursuant to this
paragraph, the Payee shall become entitled to receive shares of two or more
classes of capital stock of the Company or any other corporation or entity,
the board of directors or other governing body if there be no board of directors
therefore (whose determination shall be conclusive) shall determine the
allocation of the adjusted conversion price between or among shares of such
classes of capital stock. In the event of any subsequent adjustments to the
conversion price, such adjustments shall be made separately to the portion of
the price so allocated to each of such classes of capital stock.  The foregoing
provisions of this paragraph, similarly apply to successive reclassifications,
capital reorganizations, consolidations and mergers.

     No provision of this Note shall alter or impair the obligation of the Laser
to pay the principal of and interest on this Note at the place, at the time, and
the rate herein prescribed,  provided,  however, that the conversion into Common
Stock  of the  principal  amount  shall  discharge  all  obligations  to pay the
principal amount so converted.

       If payment on this Note shall become due on a Saturday, Sunday or public
holiday under the laws of the State of Utah, such payment shall be made on the
next succeeding business day and such extension of time shall be included in
computing interest in connection with such payment.

        Immediately upon the occurrence of an "Event of Default" (as defined
below), Payee may, at its option, declare immediately due and payable the entire
unpaid principal amount of this Note, together with all interest thereon, plus
any other amounts payable at the time of such declaration pursuant to this Note.
An Event of Default shall be defined as each of the following:

      (i)     failure of Laser to make any payment of interest and/or principal
        within 30 days after a notice of default is received by Laser;

       (ii) Laser shall admit in writing its inability to pay its debts as they
        become due, shall make a general assignment for the benefit of
        creditors or shall file any petition for action for relief under any
        bankruptcy, reorganization, insolvency or moratorium law, or any other
        law or laws for the relief of, or relating to, debtors; or






<PAGE>                                 2
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   (iii) an involuntary petition shall be filed against Laser under any
         bankruptcy, reorganization, insolvency or moratorium law, or any other
         law or laws of for the relief of, or relating to, debtors unless such
         petition shall be dismissed or vacated within 30 days of the date
         hereof.

     If Payee should institute collection efforts, of any nature whatsoever,  to
attempt to collect any and all amounts due hereunder  upon the default of Laser,
Laser  shall be liable  to pay to Payee all  reasonable  costs and  expenses  of
collection  incurred  by  Payee,  including,   without  limitation,   reasonable
attorneys' fees, whether or not suit or other action or proceeding be instituted
and  specifically  including but not limited to  collection  efforts that may be
made through a bankruptcy court.

     If, for any reason,  performance of any provisions of the Note, at the time
performance of such provision shall be due, shall involve  exceeding the highest
lawful rate of interest  prescribed by the law controlling the Note,  then, ipso
facto,  the  obligations to be performed  shall be reduced to the highest lawful
rate. If, for any reason,  Payee shall receive as interest an amount which would
exceed the highest  lawful rate,  such amount which would be excessive  interest
shall be applied  immediately and  automatically  to the reduction of the unpaid
balance of the principal  amount and not to payment of interest.  The provisions
of this paragraph shall control every other provision of this Note.

     This Note shall be governed by and construed and  interpreted in accordance
with the laws of the State of Utah.

     Any notice or other communication,  except for payment hereunder,  required
or  permitted  hereunder  shall be in  writing  and shall be deemed to have been
given  upon  delivery  if  personally  delivered  or one day  after  deposit  if
deposited  in the United  States mail for  mailing by  overnight  mail,  postage
prepaid, and addressed as follows:


                        If to Laser:            Laser Corporation
                                                2417 South 3850 West
                                                Salt Lake City, UT 84120


                         If to Payee:           Rehweidstrasse 15
                                                8738 Uetliburg
                                                        Switzerland















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       IN WITNESS WHEREOF, the parties hereto have executed this Note as of the
day and year first above written and agree to the terms and conditions herein.
Any payment shall be deemed made upon receipt by Payee.


            OBLIGOR:                        LASER CORPORATION
                                            -----------------

                                            By:
                                            -------------------------------


     PAYEE:                                 ----------------------------------


                                            By:
                                            -------------------------------






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