EXHIBIT 10.144

              COLLATERAL RELEASE AGREEMENT DATED SEPTEMBER 30, 1996
                      BETWEEN THE REGISTRANT AND NG MAN SUN

                          COLLATERAL RELEASE AGREEMENT


     This Collateral  Release  Agreement (the "Agreement") is made this --th day
of September 1996, by and between Nona Morelli's II Inc, a Colorado  corporation
("Nona")  and Mr.  Ng Man Sun,  doing  business  as Dragon  Sight  International
Amusement (Macau) Company ("Dragon").

     WHEREAS,  on May 1, 1995,  Nona and Dragon  Sight  International  Amusement
(Macau)  Company  ("Dragon")  entered  into an  Asset  Purchase  Agreement  (the
"Purchase Agreement") pursuant to which Nona purchased from Dragon a Net Profits
Interest (as defined in the Purchase Agreement); and,

     WHEREAS,  a closing of the Asset  Purchase  Agreement  occurred  on May 23,
1995; and,

     WHEREAS,  the consideration  delivered to Dragon in the purchase of the Net
Profits  Interest  consisted  of, among other things,  a promissory  note in the
principal  amount of US$3,000,000  (the "Note") and a security  agreement of the
same date  ("Security  Agreement")  conveying  to Dragon a security  interest in
certain  securities  owned by Nona  consisting  of  250,000  shares  of Series B
Preferred  Stock of NuOasis  Gaming  Inc.  (the  "NuOasis  Shares" or  "Original
Collateral"); and,

     WHEREAS, in a Collateral  Substitution Agreement dated on or about December
31, 1995 Nona and Dragon  agreed to a  substitution  of certain  other assets of
Nona more  particularly  described in Exhibit "A" hereto (the "New  Collateral")
for the NuOasis  Shares as substitute  collateral  for the Note and the Security
Agreement.

     WHEREAS, the Note has been paid in full and Nona and NuOasis International,
Inc., the current  obligor under the Note,  each desire a written release of the
security interest granted by Nona in the New Collateral to Dragon.

     NOW, THEREFORE,  in consideration of and in reliance on the mutual promises
and  representations and warranties  contained in this Agreement,  and for other
good and valuable consideration,  the receipt and sufficiency of which is hereby
acknowledged, Dragon and Nona agree as follows:

1.       Release  of Substitute Collateral

         Dragon hereby  releases any and all claims which it may have to (a) Ten
         Thousand  (10,000)  shares of no par value  common  stock of  Fantastic
         Foods   International  Inc.,  a  California   corporation   ("Fantastic
         Shares"),  (b) Six Million (6,000,000) New Class D Warrants to Purchase
         Common  Stock of  NuOasis  Gaming  Inc.,  a Delaware  corporation  (the
         "NuOasis New Class D Warrants"), and (c) One Million (1,000,000) shares
         of capital stock of Cleopatra Palace Limited,  a corporation  organized
         under the laws of Ireland ("Cleopatra Shares"),  (collectively referred
         to  herein  as  the  "New  Collateral"),  pursuant  to  the  Collateral
         Substitution  Agreement and Note and Security Agreement,  or otherwise,
         and hereby  conveys and delivers to Nona,  to have and to hold forever,
         all of Dragon's security interest in the New Collateral, and any claims
         of Dragon related to the New  Collateral.  And, Dragon warrants that it
         has the power and  authority,  and does hereby  transfer  same to Nona,
         free and clear of all liens and encumbrances.


2.       No Prior Encumbrances or Assignment

         Dragon  represents and covenants  that it has not assigned,  pledged or
         otherwise in any manner whatsoever conveyed or transferred to any third
         party, including Silver Faith Holdings Limited, the New Collateral,  or
         any  security  interest  therein,  either by  instrument  in writing or
         otherwise.



                                                             [NM\AGR:DRNREL.AGR]

                                                                 1

<PAGE>



4.       Transfer of New Collateral by Dragon

         Dragon  agrees  to  transfer  to  Nona,  or its  designee(s),  the  New
         Collateral pursuant to the following terms and conditions:

          A)        Assignment.  Dragon  will  deliver  certificates  and  other
                    appropriate  documents evidencing Dragon's security interest
                    in the respective  securities comprising the New Collateral,
                    together with properly  signed and guaranteed  stock powers,
                    if  applicable.   Such  assignment   shall  be  made  on  an
                    assignment separate from such certificates at Closing.

          B)        Authority to Transfer.  Dragon  represents and warrants that
                    it has full legal power,  right and  authority to enter into
                    this Agreement and to convey the New Collateral, as provided
                    herein,  free and  clear  of  encumbrances,  and  that  duly
                    authorized corporate action, if appropriate,  has or will be
                    taken by Dragon prior to the date of Closing.

5.       Effective Date and Closing

         It is mutually  understood  and agreed that this  Agreement may require
         the consent and execution of third parties, and, as a result, effecting
         the release of the New  Collateral  ("Closing")  may take up to 60 days
         from the date hereof.  Notwithstanding the actual date of Closing,  the
         effective date of this Agreement  shall be the date first written above
         ("Effective Date").

                                                             [NM\AGR:DRNREL.AGR]

                                       2

<PAGE>



6.       No Detrimental Releases

         Dragon and Nona expressly  acknowledge and agree that before  executing
         this Agreement, each party hereto has been fully informed of the terms,
         contents,  conditions and effects of this Agreement;  that in executing
         this  Agreement and  negotiating  the terms  thereof,  each has had the
         benefit of the advise of attorneys of its own  choosing;  and,  that no
         promise  or  representation  of any kind has been  made to any party by
         another party hereto, or anyone acting for them, except as it expressly
         stated in this Agreement.

7.       Miscellaneous

          A.        Survival   of    Representations    and   Warranties.    All
                    representations, warranties, and covenants made by any party
                    in this  Agreement  shall survive the Closing  hereunder and
                    the consummation of the transactions contemplated hereby for
                    three (3) years from the Closing  Date.  Dragon and Nona are
                    executing and carrying out the  provisions of this Agreement
                    in  reliance  on  the   representations,   warranties,   and
                    covenants and  agreements  contained in this Agreement or at
                    the  Closing  of  the   transactions   herein  provided  for
                    including any investigation upon which it might have made or
                    any  representations,   warranty,   agreement,  promise,  or
                    information, written or oral, made by the other party or any
                    other person other than as specifically set forth herein.

          B.        Costs and  Expenses.  Each party shall bear its share of all
                    costs and expenses  incurred in this  proposed  exchange and
                    transfer.

          C.        Further Assurances. At any time and from time to time, after
                    the effective  date, each party will execute such additional
                    instruments  and  take  such  action  as may  be  reasonably
                    requested by the other party to confirm or perfect  title to
                    any property transferred hereunder or otherwise to carry out
                    the intent and purposes of this Agreement.

          D.        Waiver. Any failure of any party to this Agreement to comply
                    with  any  of its  obligations,  agreements,  or  conditions
                    hereunder may be waived in writing by the party to whom such
                    compliance  is  owed.  The  failure  of any  party  to  this
                    Agreement  to enforce at any time any of the  provisions  of
                    this  Agreement  shall in no way be construed to be a waiver
                    of any such provision or a waiver of the right of such party
                    thereafter  to  enforce  each and every such  provision.  No
                    waiver  of  any  breach  of  or  non-compliance   with  this
                    Agreement  shall  be held to be a  waiver  of any  other  or
                    subsequent breach or non-compliance.

                                                             [NM\AGR:DRNREL.AGR]

                                       3

<PAGE>



          E.        Notices.  All  notices  and other  communications  hereunder
                    shall  either be in writing and shall be deemed to have been
                    given if  delivered in person,  sent by  overnight  delivery
                    service or sent by  facsimile  transmission,  to the parties
                    hereto, or their designees, as follows:


                    To Dragon:     Dragon Sight International Amusement
                                    (Macau) Company
                                   Room 3078, Diamond Square
                                   3/F Shun Tak Centre
                                   200 Connaught Road, Central Hong Kong
                                   Telephone:        011-852-2-559-8859
                                   Facsimile:        011-852-2-540-5020

                    To Nona:       Nona Morelli's II Inc.
                                   2 Park Plaza, Suite 470
                                   Irvine, California  92714
                                   Telephone:        (714) 553-3232
                                   Facsimile:        (714) 833-7854

          F.        Headings.  The  section  and  subsection  headings  in  this
                    Agreement  are inserted for  convenience  only and shall not
                    affect  in any way the  meaning  or  interpretation  of this
                    Agreement.

          G.        Counterparts.  This Agreement may be executed simultaneously
                    in two or more  counterparts,  each of which shall be deemed
                    an original,  but all of which together shall constitute one
                    and the same instrument.

          H.        Governing  Law.  Notwithstanding  that  this  Agreement  was
                    negotiated  and is being  contracted  for in  Macau  and any
                    conflict-of-law  provision to the  contrary,  the  Agreement
                    shall be governed by the laws of the United States, State of
                    California.

          I.        Binding  Effect.  This  Agreement  shall be binding upon the
                    parties  hereto  and inure to the  benefit  of the  parties,
                    their   respective   heirs,    administrators,    executors,
                    successors, and assigns.

          J.        Entire  Agreement.   This  Agreement   contains  the  entire
                    agreement  between the parties hereto and supersedes any and
                    all  prior  agreements,   arrangements,   or  understandings
                    between the parties  relating to the subject  matter of this
                    Agreement. No oral understandings,  statements, promises, or
                    inducements  contrary to the terms of this Agreement  exist.
                    No representations,  warranties,  covenants,  or conditions,
                    express or  implied,  other than as set forth  herein,  have
                    been made by any party.

          K.        Severability.  If any part of this Agreement is deemed to be
                    unenforceable  the balance of the Agreement  shall remain in
                    full force and effect.

          L.        Amendment.  This  Agreement may be amended only by a written
                    instrument  executed  by the  parties  or  their  respective
                    successors or assigns.

          M.        Facsimile  Counterparts.  A  facsimile,  telecopy  or  other
                    reproduction  of this  Agreement  may be  executed by one or
                    more parties  hereto and such executed copy may be delivered
                    by   facsimile   of   similar    instantaneous    electronic
                    transmission device pursuant to which the signature of or on
                    behalf of such  party can be seen,  and such  execution  and
                    delivery  shall be considered  valid,  binding and effective
                    for all purposes.  At the request of any party  hereto,  all
                    parties  agree to execute an original of this  Agreement  as
                    well  as  any  facsimile,  telecopy  or  other  reproduction
                    hereof.

                                                             [NM\AGR:DRNREL.AGR]

                                       4

<PAGE>



          N.        Time  is of the  Essence.  Time  is of the  essence  of this
                    Agreement and of each and every provision hereof.

     IN WITNESS  WHEREOF,  the parties have executed this  Agreement the day and
year first above written.

                                   "Nona"
                                   NONA MORELLI'S II INC.
                                   a Colorado corporation



                                      /s/    Fred G. Luke
                                   By:-----------------------------------------
                                      Name:  Fred G. Luke
                                      Title: Chief Executive Officer


                                   Ng Man Sun , doing business as
                                   DRAGON SIGHT INTERNATIONAL AMUSEMENT
                                   (MACAU) COMPANY



                                        /s/  Ng Man Sun
                                        ---------------------------------------
                                             Ng Man Sun

                                                             [NM\AGR:DRNREL.AGR]

                                       5

<PAGE>



                                   EXHIBIT "A"

                                     to the
                          Collateral Release Agreement
                            dated September ---, 1996



                                 NEW COLLATERAL



          -         Ten  Thousand  (10,000)  shares of common stock of Fantastic
                    Foods   International   Inc.,  a   California   corporation,
                    Certificate  No. 1,  issued  June 29,  1993 (the  "Fantastic
                    Shares").

          -         Six  Million  (6,000,000)  New Class D Warrants  to Purchase
                    Common Stock of NuOasis Gaming Inc., a Delaware corporation,
                    Certificate No. NWD001 (the "NuOasis New Class D Warrants").

          -         One Million (1,000,000) shares of capital stock of Cleopatra
                    Palace  Limited,  a corporation  organized under the laws of
                    Ireland, Certificate No. (the "Cleopatra Shares").

                                                             [NM\AGR:DRNREL.AGR]

                                       6