<PAGE>
                                                                    EXHIBIT 10.5
                                 LOAN AGREEMENT
                                 --------------

This LOAN AGREEMENT (the "Agreement") is made as of the 12th day of July 2002 by
and  among Hosting Site Network Inc., a Delaware corporation, with offices at 32
Poplar  Place,  Fanwood,  New  Jersey  07023  (the "Lender"), 2 Chansis, Inc., a
California  corporation  with  offices  at  5600  Avenida  Encinas,  Suite  130,
Carlsbad,  CA  92008 (the "Borrower"), and Ray Grimm and Alfred Hanser, officers
of  the  Borrower (the "Guarantors") with offices at 5600 Avenida Encinas, Suite
130,  Carlsbad,  CA  92008.

     The  parties  hereby  agree  as  follows:

SECTION  1.  AMOUNT  AND  TERMS  OF  THE  LOAN

     1.1     THE  LOAN.  Subject  to  the  terms of this Agreement, the Borrower
shall  borrow  from  the  Lender  and  the Lender shall lend to the Borrower Two
Hundred  Thousand  Dollars ($200,000) (the "Loan") pursuant to a promissory note
in  the  form  attached  hereto  as  Exhibit  A  (the  "Note").
                                     ----------

     1.2  INTEREST.  Subject to Section 1.4 hereof, the Loan shall bear interest
on  the unpaid principal balance thereof from the date of disbursement until the
Loan is repaid in full at a per annum rate equal to eight percent (8%). Interest
shall  be  payable  at  such  time  as  the  principal  is  due  hereunder.

     1.3  METHOD  OF  PAYMENT  TO  LENDER.  Subject  to  Section 1.4 hereof, all
payments  of  principal  and  interest on the Note shall be paid directly to the
Lender  at  its  office  as  provided above, Attn: Scott Vicari or to such other
place  as  the  Lender  shall  designate.

     1.4 WAIVER OF OBLIGATION IN THE EVENT OF ACQUISITION OF BORROWER BY LENDER.
Borrower  and  Lender  are  parties  to  a  Letter of Intent dated July 11, 2002
pursuant  to  which  Lender  expects to enter into an acquisition agreement (the
"Acquisition  Agreement") involving Lender's purchase of Borrower.  In the event
the Acquisition Agreement is executed and a closing with respect thereto occurs,
Lender  will waive all of its rights under the Note and this Agreement, the note
will  be  cancelled  and  the Loan will be treated as a contribution to capital.

SECTION  2.  THE  CLOSING.

     2.1     CLOSING  DATE.  The  closing  of  the purchase and sale of the Note
(the  "Closing") shall be held as soon as practicable following Lender's receipt
of  $200,000  in  proceeds from the sale of Lender's units in a private offering
consisting  of an aggregate of 1,250,000 units at a price of $.40 per unit or an
aggregate of $500,000.  Each unit consists of one share of Lender's common stock
and  one  common  stock  purchase  warrant  exercisable  for the purchase of one
additional  share  of  Lender's  common  stock  at a purchase price of $1.20 per
share.  The Loan is conditional upon and subject to Lender's sale of $200,000 of
units.

                                       43
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     2.2  DELIVERY.  At  the  Closing  (i) the Lender will deliver to Borrower a
check  or  wire  transfer funds in the amount of $200,000, and (ii) the Borrower
shall  deliver  to  the  Lender,  the  Note  representing  the  Loan.

SECTION  3.  REPRESENTATIONS  AND  WARRANTIES  OF  THE  BORROWER

     The  Borrower  hereby  represents  and  warrants  to the Lender as follows:

     3.1     CORPORATE  POWER.  The  Borrower  will  have  at  the  Closing, all
requisite corporate power to execute and deliver this Agreement and to carry out
and  perform  its  obligations  under  the  terms  of  this  Agreement.

     3.2  AUTHORIZATION.  All  corporate  action  on  the  part  of the Borrower
necessary  for  the  authorization,  execution, delivery and performance of this
Agreement  by  the  Borrower  and  the performance of the Borrower's obligations
hereunder,  including  the  issuance and delivery of the Note, has been taken or
will  be  taken prior to the Closing. This Agreement and the Note, when executed
and delivered by the Borrower, shall constitute valid and binding obligations of
the  Borrower  enforceable  in  accordance  with their terms, subject to laws of
general  application  relating  to  bankruptcy.

     3.3  SOLVENCY. Presently and as at the date of Closing, Borrower is not and
will  not  be  insolvent within the meaning of applicable state and federal law.

     3.4  GOVERNMENTAL  CONSENTS.  All  consents,  approvals,  orders  or
authorizations  of, or registrations, qualifications, designations, declarations
or  filings  with,  any  governmental  authority,  required  on  the part of the
Borrower  in connection with the valid execution and delivery of this Agreement,
the  offer,  sale  or  issuance  of  the  Note  or the consummation of any other
transaction  contemplated  hereby shall have been obtained and will be effective
at  the  Closing.

SECTION  4.  REPRESENTATION  AND  WARRANTIES  OF  THE  LENDER

     4.1     PURCHASE  FOR  OWN  ACCOUNT.  The  Lender  represents  that  it  is
acquiring  the  Note  solely  for  its  own  account and beneficial interest for
investment  and  not  for sale or with a view to distribution of the Note or any
part  thereof,  has  no  present  intention  of  selling  (in  connection with a
distribution  or  otherwise),  granting  any  participation  in,  or  otherwise
distributing the same, and does not presently have reason to anticipate a change
in  such  intention.

     4.2 NO COMMISSIONS. The Lender represents that it has no knowledge that any
commission  or  other remuneration is due or payable, directly or indirectly, to
any  arising  from  the  transaction  contemplated  hereby.

                                       44
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SECTION  5.  MISCELLANEOUS

     5.1     GUARANTY.  The  performance  of  all  obligations  of  the Borrower
hereunder and the payment of all amounts payable by the Borrower hereunder shall
be  jointly  and severally guaranteed by the Guarantors, in the form of guaranty
attached  hereto  as  Exhibit  B.

     5.2  PROHIBITION ON TRANSFER OR ASSIGNMENT. The Lender agrees that it shall
not  sell,  transfer,  assign,  or  otherwise  convey  the  Note.

     5.3  BINDING  AGREEMENT.  The  terms and conditions of this Agreement shall
inure  to  the  benefit  of  and  be  binding upon the respective successors and
assigns  of  the  parties.  Nothing  in  this  Agreement, express or implied, is
intended  to  confer  upon any third party any rights, remedies, obligations, or
liabilities  under  or by reason of this Agreement, except as expressly provided
in  this  Agreement.

     5.4  GOVERNING  LAW.  This  Agreement and the Note shall be governed by and
construed  under  the  laws  of  the  State  of  New.

     5.5  COUNTERPARTS.  This  Agreement  may  be  executed  in  two  or  more
counterparts,  each  of  which  shall  be  deemed  an original, but all of which
together  shall  constitute  this  Agreement.

     5.6  TITLES  AND SUBTITLES. The titles and subtitles used in this Agreement
are  for  convenience  only  and  are  not  to  be considered in constructing or
interpreting  this  Agreement.

     5.7 NOTICES. Any notice required or permitted under this Agreement shall be
in  writing  given to the parties at their addresses indicated above, or at such
other  address  as  such  party  may  designate by ten (10) days advance written
notice  to  the  other  party.  Copies  of  all notices shall be sent to Adam S.
Gottbetter, Esq., Kaplan Gottbetter & Levenson, LLP, 630 Third Avenue, New York,
NY  10017,  Facsimile Number (212) 983-9210. Any notice so given shall be deemed
given on the day transmitted; provided however that if said transmission is made
after  4:00  p.m.  EST,  the notice shall be deemed given the following business
day.

     5.8  MODIFICATION;  WAIVER.  No  modification or waiver of any provision of
this  Agreement  or  consent or departure therefrom shall be effective unless in
writing  and  approved  by  the  Borrower  and  the  Lender.

                            [SIGNATURE PAGE FOLLOWS]

                                       45
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     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first  written  above.

BORROWER:                            LENDER:
2  CHANSIS,  INC.                    HOSTING  SITE  NETWORK  INC.


By:  /s/  Alfred  Hanser                    By:  /s/  Scott  Vicari
     ----------------------------                ---------------------------
     Name:  Alfred  Hanser                       Name:  Scott  Vicari
     Title:    President                         Title:    President


GUARANTORS:


  /s/  Alfred  Hanser                      /s/  Ray  Grimm
------------------------------             ---------------------------------
Alfred  Hanser                             Ray  Grimm

                                       46
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                                                                       EXHIBIT A
                                                                       ---------
                                 2 CHANSIS, INC.

                                 PROMISSORY NOTE
                                 ---------------
US$200,000                                                       July  17,  2002

FOR VALUE RECEIVED, 2 Chansis, Inc., a California corporation with an address at
5600  Avenida  Encinas,  Suite  130, Carlsbad, CA 92008 (the "Borrower"), hereby
promises  to  pay  to  the  order  of  Hosting  Site  Network  Inc.,  a Delaware
corporation  (the  "Lender"), the sum of Two Hundred Thousand Dollars ($200,000)
together  with  interest  at the rate of 8% per annum within 15 business days of
the termination of the July 11, 2002 Letter of Intent among Lender, Borrower and
the  shareholders  of  Borrower.  In  accordance with Section 1.4 of the related
Loan Agreement among Lender, Borrower and the shareholders of Borrower, however,
in  the  event  an  acquisition  agreement  is  executed among the parties and a
closing  with  respect thereto occurs, Lender waives all rights under this Note,
which  shall  thereafter  be  cancelled.  Payment  on this Note shall be made in
lawful  money of the United States of America at such place as the Lender or any
subsequent  holder  hereof  shall  have  designated  to the Borrower in writing.

The Borrower hereby agrees to indemnify the holder of this Note against and hold
it  harmless  from  any  costs  and  expenses,  including,  without  limitation,
reasonable  attorneys'  fees,  disbursements  and  court  costs, incurred by the
holder  of  this  Note  in  connection with the enforcement of the terms hereof.
If  this  Note  becomes  due  or payable on a Saturday, Sunday or public holiday
under  the laws of the State of New York, the due date thereof shall be extended
to  the  next  succeeding  business  day.

Presentment  for  payment, notice of dishonor, protest and notice of protest are
hereby  waived.

This  Note  may  not  be  modified  orally, and shall be governed, construed and
interpreted  under  the internal laws of the State of New York without reference
to  principles  of  conflicts  or choice of law.  Borrower agrees that any legal
suit,  action  or  proceeding  arising  out of or relating to this Note shall be
instituted  exclusively  in  the  courts of the State of New York and waives any
objection  to  the venue of any such suit, action or proceeding and the right to
assert  that  such  forum  is  not  a  convenient forum for such suit, action or
proceeding.

No  delay  on  the  part  of any holder hereof in exercising any power or rights
hereunder  shall  operate  as  a  waiver  of any power or rights.  Any demand or
notice  hereunder  to the Borrower shall be deemed duly given or made when sent,
if  given  by  telecopier,  when  delivered,  if  given  by personal delivery or
overnight  commercial  carrier,  or  the  third  day after deposit in the United
States mail, certified mail, return receipt requested, addressed to the Borrower
at  its  address (or telecopier number) set forth above or such other address or
telecopier  number  as may be hereafter designated in writing by the Borrower to
the  Lender.

Witness                                     2 CHANSIS, INC.

  /s/ Ray Grimm                             By:       /s/ Alfred Hanser
---------------                                 --------------------------------
                                            Name:     Alfred  Hanser
                                            Title:     President

                                       47
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                                                                       EXHIBIT B
                                                                       ---------
                                PERSONAL GUARANTY
                                -----------------

     For  value  received,  the  undersigned,  Ray Grimm and Alfred Hanser, (the
"Guarantors"),  officers  of  2  Chansis,  Inc.,  a  California corporation with
offices at 5600 Avenida Encinas, Suite 130, Carlsbad, CA 92008 (the "Borrower"),
do  hereby  unconditionally  and  irrevocably, jointly and severally, personally
guarantee  unto Hosting Site Network Inc. a Delaware corporation with offices at
32 Poplar Place, Fanwood, NJ 07023 (the "Lender") prompt payment if an when due,
of Borrower's Promissory Note issued in favor of Lender, dated July 17, 2002, in
the  principal amount of $200,000 together with all accrued interest due thereon
through  the  date  of  payment.  This Guaranty shall also include all attorneys
fees  which  Lender  may  incur  in  enforcing the terms of this Guaranty should
Guarantors  default  in  its  terms.

     All  notices  or  other  communications provided for herein shall be deemed
validly and properly given if made in writing and delivered by hand or certified
mail,  return  receipt  requested,  postage  prepaid.

     IN  WITNESS  WHEREOF,  the  Guarantors  have  executed  and  sealed  this
instrument,  this  17th  day  of  July,  2002.

                                                  /s/  Ray  Grimm
                                              -----------------------
                                                       Ray  Grimm

                                                 /s/  Alfred  Hanser
                                              -----------------------
                                                      Alfred  Hanser

                                       48
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