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                                                                    Exhibit 10.1


                          CORAL CAPITAL PARTNERS, INC.
                              www.coralcapital.com
                                November 9, 2001

Multinet International Corp., Inc.
Att.:  David Lott,  President
8100 West Sahara Ave.
Suite # 200
Las Vegas,  NV. 89117

Re:      Engagement for Consulting Services

Dear Mr. Lott:

This letter confirms our understanding and agreement between Coral Capital
Partners, Inc. ("Coral") and Multinet International Corp., Inc. ("the Client")
with regard to all matters described below, including, without limitation, the
matters described in the paragraph 1 as follows:

         1.       The Client hereby engages Coral as the Client's agent for the
                  purpose of providing corporate finance consulting and
                  financial advisory services to the Client regarding the
                  development and implementation of the companies business plan.

         2.       Coral hereby accepts the engagement described in paragraph 1
                  and, in connection with such engagement agrees to:

                  (a)      provide a general business and financial analysis of
                           the Client's proposed business plan with respect to
                           the Business;

                  (b)      assist in the formulation and evaluation of various
                           structural and financial alternatives;

                  (c)      assist the Client in the preparation of the
                           appropriate documents related to the Client's fund
                           raising activities.

                  (d)      assist the Client in identifying and evaluating
                           potential candidates to provide debt, equity or other
                           agreed upon financing for the Client; and




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         3.       The Client shall make available to Coral all information
                  concerning the proposed Business which Coral reasonably
                  requests in connection with the performance of his obligations
                  hereunder. All such information provided by or on behalf of
                  the Client shall be complete and accurate and not misleading
                  in all material respects, and Coral may rely upon the accuracy
                  and completeness of all such information without independent
                  verification.

         4.       As compensation for the services rendered by Coral hereunder,
                  the Client shall pay Coral as follows:

                  (a)      upon the signing of this engagement letter the Client
                           will issue Erik S. Nelson 500,000 Class A Warrants,
                           each to purchase 1 voting common share of Multinet
                           International Corp., Inc.. at a price of $0.50/share,
                           and;

                  (b)      upon the signing of this engagement letter the Client
                           will issue Erik S. Nelson 500,000 Class B Warrants,
                           each to purchase 1 voting common share of Multinet
                           International Corp., Inc.. at a price of $1.50/share,
                           and;

                  (c)      Both warrants mentioned in items (a), and (b) shall
                           be restricted and carry demand registration rights,
                           and;

                  (d)      the Client agrees to register the shares underlying
                           both warrants with an effective registration
                           statement (either an S-3, SB-2 or S-8) as soon a
                           possible, and;

                  (e)      both warrants shall have a redemption feature
                           designed to force their exercise if the common stock
                           closes above 150% of the exercise price for 30
                           consecutive trading days, and;

                  (f)      the client will pay Coral a monthly cash fee of
                           $2,500 due at the signing of this contract, and at
                           the first of the next three (3) months for a total of
                           four (4) months and $10,000.

         5.       In consideration of Coral's services contemplated hereby, the
                  Client agrees to: (a) indemnify and hold harmless Coral
                  against any and all losses, claims, damages or liabilities to
                  which Coral may become subject arising in any manner out of or
                  in connection with the rendering of services by Coral
                  hereunder, unless it is finally judicially determined by a
                  court of competent jurisdiction that such losses, claims,
                  damages or liabilities resulted directly from the negligence,
                  bad faith, or willful misconduct of Coral; and (b) reimburse
                  Coral immediately for all reasonable legal or other expenses
                  reasonably incurred and actually paid by Coral in connection
                  with investigating, preparing to defend or defending any
                  lawsuits,



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                  claims or other proceedings naming him as a defendant and
                  arising in any manner out of or in connection with the
                  rendering of services by Coral hereunder.

         6.       The Client agrees: (a) that the indemnification and
                  reimbursement commitments set forth in paragraph 5 shall apply
                  whether or not Coral is a formal party to any such lawsuits,
                  claims or other proceedings; and (b) that if Coral is advised
                  in writing by counsel that there are one or more defenses
                  available to him that are different from in addition to those
                  available to the Client, that Coral is entitled to retain
                  separate counsel of his choice in connection with any of the
                  matters to which such commitments relate.

         7.       The Client and Coral agree that if any indemnification or
                  reimbursement sought pursuant to paragraph 5 judicially
                  determined to be unavailable for a reason other than the
                  negligence, bad faith or willful misconduct of Coral, then the
                  Client and shall contribute to the losses, claims, damages,
                  liabilities and expenses for which such indemnification or
                  reimbursement is held unavailable (I) in such proportion as is
                  appropriate to reflect the relative benefits to the Client on
                  the one hand, and Coral on the other hand, in connection with
                  the transactions to which such indemnification or
                  reimbursement relates, or (ii) if the allocation provided by
                  clause (I) above is not permitted by applicable law, in such
                  proportion as is appropriate to reflect not only the relative
                  benefits referred to in clause (1) but also the relative
                  faults of the Client on the one hand, and Coral on the other
                  hand, as well as any other equitable considerations; PROVIDED,
                  HOWEVER, that in no event shall the amount to be contributed
                  by Coral pursuant to this paragraph exceed the amount of fees
                  actually received by Coral hereunder.

         8.       Except as contemplated by the terms hereof or as required by
                  applicable law or pursuant to an order entered or subpoena
                  issued by a court of competent jurisdiction, Coral shall keep
                  confidential all material non-public information provided to
                  it by the Client, and shall not disclose such information to
                  any third party, other than such of its advisors as Coral
                  determines to have a need to know.

         9.       In the event of consummation of any transaction contemplated
                  herein, Coral shall have the right to disclose its
                  participation in such transaction at its own expense,
                  including, without limitation, the placement of a "tombstone"
                  advertisements in financial and other newspapers and journals,
                  provided that it first submit a copy of any such
                  advertisements to the Client for its approval, which approval
                  shall not be unreasonably withheld or delayed.

         10.      This engagement will extend for twelve months from the date
                  hereof and shall renew automatically thereafter on a
                  month-to-month basis unless either party has given at least
                  ten (10) days' prior written notice to the other that it
                  desires to terminate this engagement; PROVIDED, HOWEVER, that
                  in the event of such termination, the Client shall be
                  responsible for the payment of fees under paragraph 4 for
                  transactions of the type contemplated by this agreement which
                  are concluded during the term hereof or within or within two
                  (2) years after the day of termination; and provided, further,
                  that the provisions of paragraphs 5, 6, and 7 shall survive
                  the termination of this letter and shall be binding upon any
                  successors or assigns of the Client.




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         11.      The terms and provisions of this letter are solely for the
                  benefit of the Client and Coral and their respective
                  successors, assigns, heirs and personal representatives, and
                  no other person shall acquire or have any right by virtue of
                  this letter. This letter shall be governed by, and construed
                  in accordance with, the substantive laws of the State of
                  Georgia without regard to the principle of conflicts of law,
                  and may be amended, modified or supplemented only by written
                  instrument executed by parties hereto.

         12.      The invalidity or unforceability of any provision of this
                  letter shall not affect the validity or enforceability of any
                  other provisions of this letter, which shall remain in full
                  force and effect.

         13.      This letter may be executed in counterparts, all of which
                  together shall constitute one agreement binding on all the
                  parties hereto, not withstanding that all such parties are not
                  signatories to the original or the same counterpart.

                                       Sincerely,


                                       /s/ Erik S. Nelson
                                       -----------------------------------------
                                       Erik S. Nelson/President
                                       Coral Capital Partners

ACCEPTED AND AGREED, as of this

12th day of November, 2001:


/s/ David Lott
--------------------------------------
David Lott,  President,
Multinet International Corp., Inc..




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