Exhibit 10.20

                                      NOTE



Date:                August 1, 2002

Maker:               Claimsnet.com, Inc.

Payee:               Thomas Michel

Place for Payment:   Sonnacker 44, CH-8905, Arni, Switzerland

Principal Amount:    Fifty thousand dollars ($50,000,00)


Annual Interest Rate on Unpaid Principal from Date of Funding: Nine and one-half
percent (9.5%)

Terms of Payment:  Principal and interest shall be due and payable September 30,
2002,  interest being calculated on the unpaid principal  balance to the date of
each  installment  paid, and the payment made credited first to the discharge of
interest accrued and the balance to the reduction of the principal.  Accrued and
unpaid  interest  shall be computed on the basis of the actual days elapsed in a
year consisting of 365 days on the principal.

Annual  Interest Rate on Matured,  Unpaid  Amounts:  The highest rate allowed by
law.

Security for Payment:   None

         Maker  promises  to pay to the order of Payee at the place for  payment
 and according to the terms of payment the principal amount plus interest at the
 rates stated  above.  All unpaid  amounts  shall be due by the final  scheduled
 payment date.

         On default in the  payment  of this note or in the  performance  of any
 obligation  in any  instrument  securing or collateral to it, this note and all
 obligations  in all  instruments  securing  or  collateral  to it shall  become
 immediately due at the election of Payee. Maker and each surety,  endorser, and
 guarantor waive all demands for payment,  presentations for payment, notices of
 intention to accelerate maturity, notices of acceleration of maturity, protest,
 and notices of protest.

         If this note or any instrument securing or collateral to it is given to
 an attorney for collection or enforcement, or if suit is brought for collection
 or enforcement, or if it is collected or enforced through probate,  bankruptcy,
 or other judicial proceeding,  then Maker shall pay Payee reasonable attorney's
 fees in addition to other  amounts  due.  Reasonable  attorney's  fees shall be
 10.0% of all amounts due unless either party pleads otherwise.


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         Nothing in this note shall  authorize  the  collection  of  interest in
 excess of the highest rate allowed by law.

         Maker reserves the right to prepay the outstanding principal balance of
 this  Note,  in whole or in part,  at any time and from  time to time,  without
 premium or penalty. Any such pre-payment shall be made together with payment of
 interest  accrued on the amount of principal  being prepaid through the date of
 such  prepayment,  and shall be applied to the  installments  of principal  due
 hereunder in the inverse order of maturity.

         Each Maker is responsible for the entire amount of this note.

         The terms  Maker and Payee and other  nouns and  pronouns  include  the
 plural if more than one.

         Maker  shall not be deemed to be in  default  of this note  unless  and
 until Maker shall have been given seven (7) days written notice and opportunity
 to cure such default, via certified mail return receipt requested.


                                 Claimsnet.com, Inc.




                                 By:
                                 Paul W. Miller, CEO and President
                                 MAKER



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