EXHIBIT 10.12

                        CONVERTIBLE REVOLVING DEMAND NOTE

$1,000,000.00                                            Date:  December 1, 1999

         FOR VALUE RECEIVED,  the  undersigned,  AVID SPORTSWEAR & GOLF CORP., a
Nevada  corporation  (the  "Borrower"),  hereby promises to pay on DEMAND to the
order of LIDO CAPITAL CORPORATION,  a Nevada corporation (the "Lender"), at such
place or places as it may  designate,  in lawful  money of the United  States of
America, the maximum principal sum of One Million Dollars (US $1,000,000.00), or
such lesser amount as shall equal the aggregate outstanding principal sum of all
unpaid  advances  (each,  an  "Advance")  from time to time made by the  Lender,
together with accrued interest on the unpaid  principal  balance hereof from the
date of an Advance.

         Interest  shall  accrue  as of the  date  of this  Note  and  shall  be
calculated on the entire  principal sum outstanding  from time to time at a rate
per annum equal to ten percent (10%). The Borrower shall pay interest  quarterly
in arrears.  The first payment shall be due on April 1, 2000 and each successive
payment  shall  be due on the  1st day of each  successive  quarter  thereafter.
Interest on any overdue  principal  and, to the extent  permitted by  applicable
law, any overdue  interest,  shall accrue from the due date thereof  (which date
shall be at least ten (10) business days after the date the Lender makes DEMAND)
until paid in full at a rate equal to the maximum rate allowable by law.

         The holder of this Note is  authorized to record the date and amount of
each Advance and each payment of principal with respect  thereto on the Schedule
annexed  hereto and made a part  hereof as  Exhibit  "A",  or on a  continuation
thereof which shall be attached hereto and made a part hereof which recordation,
absent manifest error,  shall constitute prima facie evidence of the accuracy of
the information recorded.

         All  payments  shall be applied  first to accrued  interest and then to
principal.  If any  payment  is not made in full when  due,  the  entire  unpaid
principal  and accrued  interest  and all other  liabilities  of Borrower to the
holder hereof shall, at the option of the holder hereof,  become immediately due
and payable without notice of any kind,  presentment,  demand or protest, all of
which are hereby  expressly  waived.  Failure to exercise  this option shall not
constitute  a waiver of the  subsequent  right to  exercise  this  option by the
holder hereof.

         Any  holder of this Note  shall have the right at any time prior to the
payment in full of the  principal  balance of this Note to convert  all (but not
less than all)  amounts  due under this Note into fully paid and  non-assessable
shares of the Borrower's  common stock,  $0.001 par value per share (the "Common
Stock").  The number of shares of Common Stock (the  "Conversion  Shares")  into
which this Note may be converted  shall be determined by dividing (a) the sum of
all amounts due under this Note (including,  without  limitation,  all principal
and accrued but unpaid  interest) up to and  including the date of conversion by
(b) the product of the closing price of the Common Stock on the Conversion  Date
(as defined  below),  as listed on a national  securities  exchange,  The Nasdaq
National  Market  System,  The Nasdaq  SmallCap  Market or the last reported bid
price published in the "pink sheets" or displayed on the National Association of
Securities Dealers, Inc.  Over-the-Counter  Bulletin Board, multiplied by eighty
percent  (80%).  No  fractional  shares  of Common  Stock or scrip  representing
fractional  shares shall be issued upon conversion of this Note.  Instead of any
fractional  shares of Common  Stock  which  would  otherwise  be  issuable  upon
conversion of the Note, the Borrower  shall pay to the holder a cash  adjustment
in respect of such fraction.


<PAGE>

The holder shall give written notice to the Borrower of his election to exercise
his  conversion  right  (the  "Notice")  at any time  any  amount  hereunder  is
outstanding.  The date when the Notice is received by the Borrower  shall be the
"Conversion  Date." As promptly as practicable  after the  Conversion  Date, the
Borrower shall issue and deliver to the holder a certificate or certificates for
the Conversion Shares. Such conversion shall be deemed to have been effective on
the  Conversion  Date and  holder  shall be deemed to have  become the holder of
record of the Conversion Shares at such time.

         If any  amount  hereunder  is  payable  on a day  which is a  Saturday,
Sunday,  legal holiday or a day on which banking  institutions in Miami, Florida
are  authorized or required by law or by local  proclamation  to close,  the due
date thereof shall be extended to the next succeeding  business day and interest
thereon  shall accrue  during the period of such  extension at the rate provided
herein.

         The  Borrower  waives  presentment,   demand  for  payment,  notice  of
dishonor, protest and notice of protest of this Note and agrees to pay all costs
of collection when incurred  (including  reasonable  attorneys' fees). This Note
shall be governed by and construed in  accordance  with the laws of the State of
Florida.

                                     AVID SPORTSWEAR & GOLF CORP.

                                     By:
                                        ------------------------------------
                                     Name:
                                          ----------------------------------
                                     Title:
                                           ---------------------------------


<PAGE>


                                   EXHIBIT "A"



                    REVOLVING LOANS AND PAYMENTS OF REVOLVING
                    -----------------------------------------
        LOANS (Schedule to Revolving Demand Note dated December 1, 1999)


<TABLE>
<CAPTION>

                                                                           UNPAID PRINCIPAL
                           AMOUNT OF REVOLVING    AMOUNT OF REVOLVING    BALANCE OF REVOLVING
          DATE                 LOANS MADE              LOANS PAID                LOANS            NOTATION MADE BY

<S>                       <C>                    <C>                      <C>                   <C>
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</TABLE>