OPTION  NO._________
                             STOCK OPTION AGREEMENT
                             ----------------------


     This STOCK OPTION AGREEMENT is made and entered into on          , 2001, by
and  between  E-Net  Financial.com,  Inc.  ("Company"),  and  Thomas Ehrlich, an
individual  (referred  to  herein  as  the  "Optionee"),  with  reference to the
following  recitals  of  facts:

     WHEREAS,  the  Company  desires  to  grant  the  Optionee  a  stock  option
("Option") to purchase shares of common stock of the Company (the "Shares") upon
the  terms  and  conditions  hereinafter  stated;  and

NOW,  THEREFORE, in consideration of the covenants herein set forth, the parties
hereto  agree  as  follows:

     1.     Shares;  Price.  The  Company hereby grants to Optionee the right to
            ---------------
purchase,  upon  and  subject  to  the  terms  and conditions herein stated, two
million  Shares  for  cash  at the closing price of the Shares as of the date of
this  Agreement,  such price being not less than the fair market value per share
of  the  Shares  covered  by  these  Options  as  of  the  date  hereof.

     2.     Term  of Option.  This Option shall expire, and all rights hereunder
            ---------------
to  purchase  the  Shares  shall  terminate  five  years  from  the date hereof.

     3.     Exercise.  This Option shall be exercised by delivery to the Company
            --------
of:  (a)  a  written  notice  of  exercise  stating  the  number of Shares being
purchased  (in  whole  shares  only) and such other information set forth on the
form of Notice of Exercise attached hereto as Appendix A; (b) a check or cash in
                                              ----------
the  amount  of  the  purchase  price of the Shares covered by the notice.  This
Option  shall  be  exercisable  upon $2 million being converted to equity in the
Company  from  the contemplated bond offering.  All amounts less than that shall
be  exercisable  on  a  pro-rata  basis (i.e., if $1 million from the $5 million
offering  is  converted into equity in E-Net from the bond offering, then 20% of
the  subject  options  shall  be  exercisable, regardless of whether the subject
listing  occurs).

     4.     Termination of Employment or Engagement.  If Optionee shall cease to
            ---------------------------------------
serve  as  an  Employee of the Company or Parent Company, whether voluntarily or
involuntarily,  other  than  by the conclusion of the term of Optionee's written
agreement,  Optionee shall retain all rights set forth herein for vested Options
and all non-vested options shall terminate and be of no further force or effect.

     5.     Recapitalization. The number of Shares covered by this Option, shall
            ----------------
not  be  proportionately  adjusted for any increase or decrease in the number of
issued  Shares  resulting  from  a subdivision or consolidation of shares or the
payment  of a stock dividend, or any other increase or decrease in the number of
such  shares  affected without receipt of consideration by the Company; provided
however  that  the conversion of any convertible securities of the Company shall
not  be  deemed  having  been  "effected without receipt of consideration by the
Company.  The  exercise  price  of this Option shall not be adjusted upon such a
subdivision  or consolidation of the shares.  The number of such Shares shall be
increased/decreased  on  a  pro  rata  basis in accordance with any stock split,
provided,  however, in the event of a reverse stock split, the amount of options
shall  not be reduced below 60% of the amount issued under this option and under
no  circumstances shall the exercise price of this option be adjusted. Provided,
however  at  no  time  shall  the aggregate shares exercisable under this Option
equal  greater than 10% of the total shares outstanding on a fully diluted basis
(such  calculation  to  be  performed  at  the  time  of  the initial exercise).

<PAGE>

In  the  event of a proposed dissolution or liquidation of the Company, a merger
or  consolidation in which the Company is not the surviving entity, or a sale of
all  or  substantially  all  of  the  assets of the Company, all options granted
herein  shall  immediately  vest  and  be exercisable.   Subject to any required
action by the stockholders of the Company, if the Company shall be the surviving
entity  in  any merger or consolidation, this Option thereafter shall pertain to
and  apply  to  the  securities  to which a holder of Shares equal to the Shares
subject  to  this  Option  would  have been entitled by reason of such merger or
consolidation,  and the vesting provisions of Section 3 shall continue to apply.

6.     Registration  Rights.  The  Optionee  shall  have  the  right to register
       --------------------
Shares  covered  by vested options on Form S-8 pursuant to Optionee's Employment
Agreement  to  which  this  Option  is  an  Exhibit.

     IN  WITNESS  WHEREOF, the parties hereto have executed this Agreement as of
the  date  first  above  written.


                                              E-NET  FINANCIAL.COM,  INC.

                                              /s/ Vincent R. Rinehart
                                              BY: Vincent R. Rinehart
                                              ITS: President & CEO


                                              THOMAS  EHRLICH

                                              /s/ Thomas Ehrlich
                                              Thomas  Ehrlich,  Optionee


<PAGE>



                                  Appendix "A"
                                  ------------

                                     FORM OF

                               NOTICE OF EXERCISE


<PAGE>


                                  APPENDIX "A"
                                  ------------

                               NOTICE OF EXERCISE

E-Net  Financial.com,  Inc
3200  Bristol  Street,  Suite  700
Costa  Mesa,  CA  92626


                                     (date)

Re:  Exercise  of  Stock  Option

     Notice  is  hereby  given  pursuant to Section 1 of my Employment Agreement
that  I  elect  to purchase the number of shares set forth below at the exercise
price  set  forth  in  my  option  agreement:

     Stock  Option  dated:                    ______________________

     Number  of  shares  being  purchased:    ______________________

     Option  Exercise  Price:                $______________________

     A  check in the amount of the aggregate price of the shares being purchased
is  attached.

     I  hereby  confirm  that  such  shares  are being acquired by me for my own
account  for  investment  purposes,  and  not  with  a view to, or for resale in
connection  with,  any  distribution  thereof.

     Further,  I understand that, as a result of this exercise of rights, I will
recognize income in an amount equal to the amount by which the fair market value
of  the  Shares  exceeds  the  exercise price.  I agree to report such income in
accordance  with  then  applicable  law  and  to  cooperate  with  Company  in
establishing  the withholding and corresponding deduction to the Company for its
income  tax  purposes.

     I  agree to provide to the Company such additional documents or information
as  may  be  required  by  law.


                                      ____________________________
                                      (Signature)

                                      ____________________________
                                      (Name  of  Optionee)



<PAGE>