EXHIBIT 10.3


                          INVENTORY CREDIT LINE AGREEMENT

         This Inventory Credit Line Agreement is entered into between Swan
Magnetics, Inc. ("Swan") and Internet Venture Group, Inc., a Florida corporation
("IVG"), effective as of January 22, 2001.

                                    RECITALS:
                                    ---------

         WHEREAS, IVG desires to increase its existing lines of credit utilized
         by its GeeWhiz.com division ("GeeWhiz");

         WHEREAS, Swan agrees to act as an accommodation party on behalf of IVG
         by making available a certificate of deposit in the principal amount of
         $100,000 to serve as collateral for an increase inventory line of
         credit for GeeWhiz;

                               TERMS OF AGREEMENT
                               ------------------

         1.       Swan agrees to purchase a sixty (60) day certificate of
                  deposit ("CD") from the Citizens Bank N.A. (Houston, Texas) or
                  other acceptable, federally insured financial institution
                  ("Bank"). Swan further agrees to pledge the CD as collateral
                  to secure repayment of a temporary inventory line of credit to
                  be established by Bank in favor of IVG. The undersigned
                  officer of Swan shall execute all such documents that Bank
                  deems reasonably necessary to document the pledge of the CD to
                  secure the inventory line of credit.

         2.       IVG and GeeWhiz agree to use the above-noted line of credit
                  only for short term inventory financing purposes.

         3.      IVG and GeeWhIZ agree to establish a lock box account in the
                 name of Swan at Bank and to deposit all receivables of Gee Whiz
                 directly into the lockbox account until all monies drawn
                 against the inventory line of credit are repaid. IVG and
                 GeeWhiz agree that the outstanding principal balance of the
                 inventory line of credit shall be paid in full no later than
                 April 1, 2001.

         4.       All proceeds from the CD, including interest, are the property
                  of Swan and will be provided to Swan on or before April 1,
                  2001.

         5.      IVG agrees to pay Swan a fee of $10,000 in consideration for
                 Swan's acting as an accommodation party pursuant to the terms
                 of this Agreement. The fee shall be paid on or before April 1,
                 2001.

         6.      IVG represents and warrants to Swan that it has obtained the
                 necessary corporate authorization to enter into this agreement
                 and that this agreement does not violate its articles of
                 incorporation, its by-laws, or the laws of any state in which
                 it operates.

         7.      Swan and IVG agree that the CD will be the only source of
                 collateral provided by Swan with respect to the inventory line
                 of credit and that Swan has no other obligation or risk of loss
                 with respect to the loan. IVG hereby indemnifies Swan and
                 agrees to hold Swan harmless from any loss relating to the
                 inventory line of credit and/or the CD. In the event that Bank
                 offsets all or any part of the proceeds of the CD to pay
                 amounts outstanding under the inventory line of credit, IVG
                 agrees that it shall pay all such amounts to Swan (which
                 amounts shall be fully due and owing as of April 1, 2001), plus
                 interest in the amount of 8% per annum from the date that such
                 amount becomes due and owing until paid in full.

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         8.       This agreement shall be governed by and enforced in accordance
                  with the laws of the State of California.

         9.       Any disputes arising from or relating to this agreement shall
                  be resolved in state or federal court in Santa Clara County,
                  California.

         10.      Both parties agree to execute and complete any additional
                  documentation reasonably necessary to implement the terms of
                  this agreement.

SWAN MAGNETICS, INC.
Eden Kim
President



/S/  ELORIAN LANDERS
---  ---------------
Internet Venture Group, Inc.
Elorian Landers
Chief Executive Officer

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