ABACAS VENTURES, Inc.

                            ACCOUNTS RECEIVABLE AND
                            PURCHASE ORDER FINANCING
                                 Advance Request
Borrower: Please see instructions on reverse side

-------------------------------------------------------------------------------
Check Appropriate Box               Report Number   1
[ ]  Streamline    [ ]  Formula                           [ ]     Month End
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
                               COLLATERAL ACTIVITY
-------------------------------------------------------------------------------
<TABLE>
<CAPTION>

<C>                                                 <C>                              <C>                   <C>
1)     Purchase Orders Financed as of (Date)        1/1/2002 (Line 8 previous report)                      $          -
                                                                                                           --------------


2)     ADD: Purchase Orders for Period (Dates)          1/2/2002 thru     2/28/2002  $      345,531.00
                                                    -------------    --------------  ------------------

3) a.  Debit Memos/Adjustments                                   thru                $               0
                                                    -------------    --------------  ------------------
   b.  Credit Memos/Adjustments                                  thru                $               0
                                                    -------------    --------------  ------------------

4)     TOTAL ADDITIONS (2 + 3a - 3b)                                                                       +    345,531.00
                                                                                                           ----------------

5)     LESS: Net Collections for Period (Dates)                  thru                $               0
       ----------------------------------------------------------    --------------  ------------------

6)     Cash Discounts / Allowances                               thru                $               0
       ----------------------------------------------------------    --------------  ------------------

7)     TOTAL DEDUCTIONS (5 + 6)                                                                            -             0
                                                                                                           ----------------
                                                                                                           ----------------

8)     Total Purchase Orders as of (Date)              2/28/2002 (1+4-7)                                   $    345,531.00
                                                    -------------                                          ----------------

9)     LESS: Ineligible Accounts as of (Aging Date)    2/28/2002                                           -             0
                                                    -------------                                          ----------------

10)    TOTAL ELIGIBLE PURCHASE ORDERS ( 8 - 9 )                                                            $    345,531.00
                                                                                                           ----------------
                                                                                                           ----------------

11)    TOTAL ELIGIBLE INVENTORY as of (Date)                                                               $             0
                                                    -------------                                          ----------------
</TABLE>

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

-------------------------------------------------------------------------------
                  LOAN ACTIVITY
-------------------------------------------------------------------------------

<TABLE>
<CAPTION>
<C>                                      <C>                                <C>             <C>                   <C>
12) Funds available of Purchase Orders          60 % of Line 10                             $      207,318.60
                                         ---------                                           ----------------

13) Funds available in Inventory                   % of Line 11 Sub Limit   $               $               0
                                         ---------                           ------------    ----------------

14) Funds available on                                                                      $               0
                                         ---------                                           ----------------

15) TOTAL BORROWING BASE (12 + 13 + 14)                                     $               $      207,318.60     $    207,318.60
                                                                             ------------                          --------------

16) LOAN BALANCE as of (Date)            2/28/2002                                          $            0
                                         ---------                                           ----------------

17) LESS: Loan Reduction since
        last report                                     a)Checks            $           0
                                                                             ------------
                                                        b)Wires             $           0
                                                                             ------------
                                                        c)                  $           0   -               0
                                                          ---------          ------------    ----------------

18) PLUS: Advance Requested with
        this Report                                                                         +      200,000.00
                                                                                             ----------------

19) NEW LOAN BALANCE as of (Date)               2/28/2002 (16 - 17 + 18)                                          $    200,000.00
                                                ----------                                                         --------------

20) Outstanding Letters of Credit,
        B/A and Standby L/C as of (Date)                                                                          $             0
                                                                            --------                               --------------

21) EXCESS BORROWING BASE (14 - 19 - 20)                                                                          $      7,318.60
                                                                                                                   --------------
</TABLE>

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


-------------------------------------------------------------------------------
FOR ABACAS USE ONLY

22)  $                     has been deposited to your checking account.
     ----------------------

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

-------------------------------------------------------------------------------
For value  received,  the  undersigned  hereby  sells,  transfers and assigns to
ABACAS VENTURES,  INC. (and grants to said Entity a security interest in) all of
the  undersigned's  right,  title and interest in and to each and every  account
included in the above schedule,  being all of the accounts of the undersigned as
of this date and evidenced by attached  invoice  copies,  sales journal  sheets,
cash  receipts  journals,  accounts  receivable  aging report,  and/or  separate
listings,  together with all of the inventory of the undersigned.  Said accounts
and inventory  are assigned and said security  interest is granted and confirmed
pursuant  to that  certain  Security  and  Loan  Agreement  entered  into by the
undersigned and ABACAS VENTURES, INC.
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
BORROWER                                                    ACCEPTED
-------------------------------------------------------------------------------
Date:          Borrower:                     Date:         ABACAS Office:

-------------------------------------------------------------------------------
Authorized Signature/Title:                  Authorized Signature:

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



<PAGE>

ABACAS VENTURES, Inc.

                            ACCOUNTS RECEIVABLE AND
                            PURCHASE ORDER FINANCING
                                 Advance Request
Borrower: Please see instructions on reverse side

-------------------------------------------------------------------------------
Check Appropriate Box               Report Number   2
[ ]  Streamline    [ ]  Formula                           [ ]     Month End
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
                               COLLATERAL ACTIVITY
-------------------------------------------------------------------------------
<TABLE>
<CAPTION>

<C>                                                 <C>                              <C>                   <C>
1)     Purchase Orders Financed as of (Date)        1/1/2002 (Line 8 previous report)                      $    345,531.00
                                                                                                           --------------


2)     ADD: Purchase Orders for Period (Dates)          3/1/2002 thru     4/1/2002   $      355,486.37
                                                    -------------    --------------  ------------------

3) a.  Debit Memos/Adjustments                                   thru                $               0
                                                    -------------    --------------  ------------------
   b.  Credit Memos/Adjustments                                  thru                $               0
                                                    -------------    --------------  ------------------

4)     TOTAL ADDITIONS (2 + 3a - 3b)                                                                       +    355,486.37
                                                                                                           ----------------

5)     LESS: Net Collections for Period (Dates)                  thru                $               0
       ----------------------------------------------------------    --------------  ------------------

6)     Cash Discounts / Allowances                               thru                $               0
       ----------------------------------------------------------    --------------  ------------------

7)     TOTAL DEDUCTIONS (5 + 6)                                                                            -             0
                                                                                                           ----------------
                                                                                                           ----------------

8)     Total Purchase Orders as of (Date)               4/1/2002 (1+4-7)                                   $    701,017.37
                                                    -------------                                          ----------------

9)     LESS: Ineligible Accounts as of (Aging Date)     4/1/2002                                           -             0
                                                    -------------                                          ----------------

10)    TOTAL ELIGIBLE PURCHASE ORDERS ( 8 - 9 )                                                            $    701,017.37
                                                                                                           ----------------
                                                                                                           ----------------

11)    TOTAL ELIGIBLE INVENTORY as of (Date)                                                               $             0
                                                    -------------                                          ----------------
</TABLE>

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

-------------------------------------------------------------------------------
                  LOAN ACTIVITY
-------------------------------------------------------------------------------

<TABLE>
<CAPTION>
<C>                                      <C>                                <C>             <C>                   <C>
12) Funds available of Purchase Orders          60 % of Line 10                             $      420,610.42
                                         ---------                                           ----------------

13) Funds available in Inventory                   % of Line 11 Sub Limit   $               $               0
                                         ---------                           ------------    ----------------

14) Funds available on                                                                      $               0
                                         ---------                                           ----------------

15) TOTAL BORROWING BASE (12 + 13 + 14)                                     $               $      420,610.42     $    420,610.42
                                                                             ------------                          --------------

16) LOAN BALANCE as of (Date)            2/28/2002                                          $      200,000.00
                                         ---------                                           ----------------

17) LESS: Loan Reduction since
        last report                                     a)Checks            $           0
                                                                             ------------
                                                        b)Wires             $           0
                                                                             ------------
                                                        c)                  $           0   -               0
                                                          ---------          ------------    ----------------

18) PLUS: Advance Requested with
        this Report                                                                         +      200,000.00
                                                                                             ----------------

19) NEW LOAN BALANCE as of (Date)                4/1/2002 (16 - 17 + 18)                                          $    400,000.00
                                                 ---------                                                         --------------

20) Outstanding Letters of Credit,
        B/A and Standby L/C as of (Date)                                                                          $             0
                                                                            --------                               --------------

21) EXCESS BORROWING BASE (14 - 19 - 20)                                                                          $     20,610.42
                                                                                                                   --------------
</TABLE>

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


-------------------------------------------------------------------------------
FOR ABACAS USE ONLY

22)  $                     has been deposited to your checking account.
     ----------------------

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

-------------------------------------------------------------------------------
For value  received,  the  undersigned  hereby  sells,  transfers and assigns to
ABACAS VENTURES,  INC. (and grants to said Entity a security interest in) all of
the  undersigned's  right,  title and interest in and to each and every  account
included in the above schedule,  being all of the accounts of the undersigned as
of this date and evidenced by attached  invoice  copies,  sales journal  sheets,
cash  receipts  journals,  accounts  receivable  aging report,  and/or  separate
listings,  together with all of the inventory of the undersigned.  Said accounts
and inventory  are assigned and said security  interest is granted and confirmed
pursuant  to that  certain  Security  and  Loan  Agreement  entered  into by the
undersigned and ABACAS VENTURES, INC.
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
BORROWER                                                    ACCEPTED
-------------------------------------------------------------------------------
Date:          Borrower:                     Date:         ABACAS Office:

-------------------------------------------------------------------------------
Authorized Signature/Title:                  Authorized Signature:

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


<PAGE>


ABACAS VENTURES, Inc.

                            ACCOUNTS RECEIVABLE AND
                            PURCHASE ORDER FINANCING
                                 Advance Request
Borrower: Please see instructions on reverse side

-------------------------------------------------------------------------------
Check Appropriate Box               Report Number   3
[ ]  Streamline    [ ]  Formula                           [ ]     Month End
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
                               COLLATERAL ACTIVITY
-------------------------------------------------------------------------------
<TABLE>
<CAPTION>

<C>                                                 <C>                              <C>                   <C>
1)     Purchase Orders Financed as of (Date)        1/1/2002 (Line 8 previous report)                      $    701,017.37
                                                                                                           ----------------


2)     ADD: Purchase Orders for Period (Dates)          4/1/2002 thru      5/1/2002  $      325,103.56
                                                    -------------    --------------  ------------------

3) a.  Debit Memos/Adjustments                                   thru                $               0
                                                    -------------    --------------  ------------------
   b.  Credit Memos/Adjustments                                  thru                $               0
                                                    -------------    --------------  ------------------

4)     TOTAL ADDITIONS (2 + 3a - 3b)                                                                       +    325,103.56
                                                                                                           ----------------

5)     LESS: Net Collections for Period (Dates)                  thru                $               0
       ----------------------------------------------------------    --------------  ------------------

6)     Cash Discounts / Allowances                               thru                $               0
       ----------------------------------------------------------    --------------  ------------------

7)     TOTAL DEDUCTIONS (5 + 6)                                                                            -             0
                                                                                                           ----------------

8)     Total Purchase Orders as of (Date)               5/1/2002 (1+4-7)                                   $  1,026,120.93
                                                    -------------                                          ----------------

9)     LESS: Ineligible Accounts as of (Aging Date)     5/1/2002                                           -             0
                                                    -------------                                          ----------------

10)    TOTAL ELIGIBLE PURCHASE ORDERS ( 8 - 9 )                                                            $  1,026,120.93
                                                                                                           ----------------

11)    TOTAL ELIGIBLE INVENTORY as of (Date)                                                               $             0
                                                    -------------                                          ----------------
</TABLE>

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

-------------------------------------------------------------------------------
                  LOAN ACTIVITY
-------------------------------------------------------------------------------

<TABLE>
<CAPTION>
<C>                                      <C>                                <C>             <C>                   <C>
12) Funds available of Purchase Orders          60 % of Line 10                             $      615,672.56
                                         ---------                                           ----------------

13) Funds available in Inventory                   % of Line 11 Sub Limit   $               $               0
                                         ---------                           ------------    ----------------

14) Funds available on                                                                      $               0
                                         ---------                                           ----------------

15) TOTAL BORROWING BASE (12 + 13 + 14)                                     $               $      615,672.56     $    615,672.56
                                                                             ------------                          --------------

16) LOAN BALANCE as of (Date)            4/28/2002                                          $      400,000.00
                                         ---------                                           ----------------

17) LESS: Loan Reduction since
        last report                                     a)Checks            $           0
                                                                             ------------
                                                        b)Wires             $           0
                                                                             ------------
                                                        c)                  $           0   -               0
                                                          ---------          ------------    ----------------

18) PLUS: Advance Requested with
        this Report                                                                         +      200,000.00
                                                                                             ----------------

19) NEW LOAN BALANCE as of (Date)                5/1/2002 (16 - 17 + 18)                                          $    600,000.00
                                                ----------                                                         --------------

20) Outstanding Letters of Credit,
        B/A and Standby L/C as of (Date)                                                                          $             0
                                                                            --------                               --------------

21) EXCESS BORROWING BASE (14 - 19 - 20)                                                                          $     15,672.56
                                                                                                                   --------------
</TABLE>

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


-------------------------------------------------------------------------------
FOR ABACAS USE ONLY

22)  $                     has been deposited to your checking account.
     ----------------------

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

-------------------------------------------------------------------------------
For value  received,  the  undersigned  hereby  sells,  transfers and assigns to
ABACAS VENTURES,  INC. (and grants to said Entity a security interest in) all of
the  undersigned's  right,  title and interest in and to each and every  account
included in the above schedule,  being all of the accounts of the undersigned as
of this date and evidenced by attached  invoice  copies,  sales journal  sheets,
cash  receipts  journals,  accounts  receivable  aging report,  and/or  separate
listings,  together with all of the inventory of the undersigned.  Said accounts
and inventory  are assigned and said security  interest is granted and confirmed
pursuant  to that  certain  Security  and  Loan  Agreement  entered  into by the
undersigned and ABACAS VENTURES, INC.
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
BORROWER                                                    ACCEPTED
-------------------------------------------------------------------------------
Date:          Borrower:                     Date:         ABACAS Office:

-------------------------------------------------------------------------------
Authorized Signature/Title:                  Authorized Signature:

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


<PAGE>

ABACAS VENTURES, Inc.

                            ACCOUNTS RECEIVABLE AND
                            PURCHASE ORDER FINANCING
                                 Advance Request
Borrower: Please see instructions on reverse side

-------------------------------------------------------------------------------
Check Appropriate Box               Report Number   4
[ ]  Streamline    [ ]  Formula                           [ ]     Month End
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
                               COLLATERAL ACTIVITY
-------------------------------------------------------------------------------
<TABLE>
<CAPTION>

<C>                                                 <C>                              <C>                   <C>
1)     Purchase Orders Financed as of (Date)        1/1/2002 (Line 8 previous report)                      $  1,026,120.93
                                                                                                           ----------------


2)     ADD: Purchase Orders for Period (Dates)          5/1/2002 thru      6/1/2002  $       65,972.15
                                                    -------------    --------------  ------------------

3) a.  Debit Memos/Adjustments                                   thru                $               0
                                                    -------------    --------------  ------------------
   b.  Credit Memos/Adjustments                                  thru                $               0
                                                    -------------    --------------  ------------------

4)     TOTAL ADDITIONS (2 + 3a - 3b)                                                                       +     65,972.15
                                                                                                           ----------------

5)     LESS: Net Collections for Period (Dates)                  thru                $      260,430.00
       ----------------------------------------------------------    --------------  ------------------

6)     Cash Discounts / Allowances                               thru                $               0
       ----------------------------------------------------------    --------------  ------------------

7)     TOTAL DEDUCTIONS (5 + 6)                                                                            -    260,430.00
                                                                                                           ----------------

8)     Total Purchase Orders as of (Date)               6/1/2002 (1+4-7)                                   $    831,663.08
                                                    -------------                                          ----------------

9)     LESS: Ineligible Accounts as of (Aging Date)     6/1/2002                                           -             0
                                                    -------------                                          ----------------

10)    TOTAL ELIGIBLE PURCHASE ORDERS ( 8 - 9 )                                                            $    831,663.08
                                                                                                           ----------------

11)    TOTAL ELIGIBLE INVENTORY as of (Date)                                                               $             0
                                                    -------------                                          ----------------
</TABLE>

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

-------------------------------------------------------------------------------
                  LOAN ACTIVITY
-------------------------------------------------------------------------------

<TABLE>
<CAPTION>
<C>                                      <C>                                <C>             <C>                   <C>
12) Funds available of Purchase Orders          60 % of Line 10                             $      498,997.85
                                         ---------                                           ----------------

13) Funds available in Inventory                   % of Line 11 Sub Limit   $               $               0
                                         ---------                           ------------    ----------------

14) Funds available on                                                                      $               0
                                         ---------                                           ----------------

15) TOTAL BORROWING BASE (12 + 13 + 14)                                     $               $      498,997.85     $    498,997.85
                                                                             ------------                          --------------

16) LOAN BALANCE as of (Date)            5/29/2002                                          $      443,742.00
                                         ---------                                           ----------------

17) LESS: Loan Reduction since
        last report                                     a)Checks            $           0
                                                                             ------------
                                                        b)Wires             $           0
                                                                             ------------
                                                        c)                  $           0   -               0
                                                          ---------          ------------    ----------------

18) PLUS: Advance Requested with
        this Report                                                                         +       55,000.00
                                                                                             ----------------

19) NEW LOAN BALANCE as of (Date)                5/1/2002 (16 - 17 + 18)                                          $    498,742.00
                                                ----------                                                         --------------

20) Outstanding Letters of Credit,
        B/A and Standby L/C as of (Date)                                                                          $             0
                                                                            --------                               --------------

21) EXCESS BORROWING BASE (14 - 19 - 20)                                                                          $        255.85
                                                                                                                   --------------
</TABLE>

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


-------------------------------------------------------------------------------
FOR ABACAS USE ONLY

22)  $                     has been deposited to your checking account.
     ----------------------

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

-------------------------------------------------------------------------------
For value  received,  the  undersigned  hereby  sells,  transfers and assigns to
ABACAS VENTURES,  INC. (and grants to said Entity a security interest in) all of
the  undersigned's  right,  title and interest in and to each and every  account
included in the above schedule,  being all of the accounts of the undersigned as
of this date and evidenced by attached  invoice  copies,  sales journal  sheets,
cash  receipts  journals,  accounts  receivable  aging report,  and/or  separate
listings,  together with all of the inventory of the undersigned.  Said accounts
and inventory  are assigned and said security  interest is granted and confirmed
pursuant  to that  certain  Security  and  Loan  Agreement  entered  into by the
undersigned and ABACAS VENTURES, INC.
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
BORROWER                                                    ACCEPTED
-------------------------------------------------------------------------------
Date:          Borrower:                     Date:         ABACAS Office:

-------------------------------------------------------------------------------
Authorized Signature/Title:                  Authorized Signature:

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