Exhibit 10.16d


                 THE SECURITIES REPRESENTED BY THIS CERTIFICATE
                  HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
                 ACT OF 1933 AS AMENDED (THE "SECURITIES ACT"),
                    AND HAVE BEEN SOLD IN RELIANCE ON CERTAIN
                    EXEMPTIONS FROM REGISTRATION PROVIDED BY
                     REGULATION D UNDER THE SECURITIES ACT.



                   REDEEMABLE CONVERTIBLE 10% PROMISSORY NOTE

                              Due December 15, 2002



June 28, 2001                                             Costa Mesa, California

     e-Net Financial.Com Corporation, a Nevada corporation (hereinafter called
the "Issuer"), for value received, hereby promises to pay to the Holder, as
defined below, on December 15, 2002 (the "Maturity Date"), in immediately
available funds in the initial principal amount of One Hundred Three Thousand
Four Hundred Four and no/100 Dollars ($103,404.00), and to pay interest on the
principal sum outstanding at the rate of ten percent (10%) per annum (the "Note
Interest Rate"), payable upon maturity or any earlier conversion of this Note.

     Accrual of interest shall commence on the date hereof and shall continue
until payment in full of the outstanding principal sum has been made or duly
provided for. The interest so payable will be paid to the person in whose name
this Note is registered on the records of the Issuer regarding registration and
transfers of Notes (the "Note Register").

     The principal of, and interest on, this Note are payable in legal tender of
the United States of America.

     Unless this Note is earlier redeemed or converted in accordance with its
terms, the Issuer will pay the outstanding principal of and all accrued and
unpaid interest due upon this Note on the Maturity Date, less any amounts
required by law to be deducted or withheld, to the Holder of record of this Note
as of the tenth (10th) day prior to the Maturity Date and addressed to such
Holder at the last address appearing on the Note Register.


                                    ARTICLE I
                                   DEFINITIONS

     The capitalized terms used in this Note shall have the respective meanings
specified in the Annex I, Annex of Defined Terms.

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                                   ARTICLE II
                             EXCHANGES AND TRANSFER

     Section 2.1 Exchange and Registration of Transfer of Note. The Holder may,
at its option, surrender this Note at the office of the Issuer and receive in
exchange therefor a Note or Notes, each in the denomination of Ten Thousand
Dollars ($10,000.00) or an integral multiple of $10,000.00 or any amount in
excess thereof, but not more than one Note in any lesser amount, each dated of
the date of this Note, and payable to the Holder, or subject to Section 4.2
hereof, payable to such other Person, as may be designated by such Holder. The
aggregate principal amount of such Note or Notes exchanged in accordance with
Section 2.1 shall equal the aggregate unpaid principal amount of this Note as of
the date of such surrender; provided, however, that upon such exchange there
shall be filed with the Issuer the name and address for all purposes hereof of
the Holder of the Note or Notes delivered in such exchange. This Note, when
presented for registration of transfer or for exchange or conversion, shall (if
so required by the Issuer) be duly endorsed by, or be accompanied by a written
instrument of transfer in form reasonably satisfactory to the Issuer duly
executed by, the Holder duly authorized in writing.

     Section 2.2 Loss, Theft; Destruction of Note. Upon receipt of evidence
satisfactory to the Issuer of the loss, theft, destruction or mutilation of this
Note and, in the case of any such loss, theft or destruction, upon receipt of
indemnity or security reasonably satisfactory to the Issuer, or, in the case of
any such mutilation, upon surrender and cancellation of this Note, the Issuer
will make and deliver, in lieu of such lost, stolen, destroyed or mutilated
Note, a new Note of like tenor and unpaid principal amount dated as of the date
hereof. This Note shall be held and owned upon the express condition that the
provisions of this Section 2.2 are exclusive with respect to the replacement of
a mutilated, destroyed, lost or stolen Note and the Issuer shall have no further
responsibility whatsoever with respect to the mutilated , destroyed, lost or
stolen Note, notwithstanding any law or statute existing or hereafter enacted to
the contrary with respect to the replacement of a negotiable instrument or other
securities without their surrender.

     Section 2.3 Absolute Owner. The Issuer may deem the person in whose name
this Note shall be registered upon the registry books of the issuer to be, and
may treat it as, the absolute owner of this Note (whether or not this Note shall
be overdue) for the purpose of receiving payment of or on account of the
principal of this Note, for the Conversion of this Note and for all other
purposes, and the Issuer shall not be affected by any notice to the contrary,
unless such notice is accompanied by surrender of this Note. All such payments
and such conversion shall be valid and effective to satisfy and discharge the
liability upon this Note to the extent of the sum or sums so paid or the
conversion so made.


                                   ARTICLE III
                               CONVERSION OF NOTE

     Section 3.1 Optional Conversion; Conversion Price. At the option of the
Holder, at any time from time to time until this Note is paid in full, this Note
may be converted, either in whole or in part up to the principal amount hereof
(or in case some portion of this Note shall be converted prior to such date,
then that the portion that is not so converted), together with interest accrued

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thereon to the relevant Conversion Date, into Common Stock of the Issuer
(calculated as to each conversion to the nearest 1/100th of a share), at the
conversion price the ("Conversion Price"), equal to the volume-weighted trading
average price during the ten (10) consecutive Trading Days immediately preceding
the Conversion Date (the "Valuation Period"); provided, however, that, in lieu
of issuing either or both of the Conversion Shares or Interest Shares, the
Issuer may redeem such portion of the principal or interest of this Note in
respect of which Conversion has been requested.


     Section 3.2 Exercise of Conversion Privilege.

     (a) In order to exercise the conversion privilege, either in whole or in
part, the Holder shall surrender this Note to the Issuer during usual business
hours at its principal office and shall give written notice to the Issuer in the
form attached hereto in Annex II (the "Conversion Notice") at said office that
the Holder elects to convert this Note.

     (b) The Conversion Notice shall specify whether the Holder desires to
receive its interest accumulated to date in cash or Interest Shares. If the
holder elects to receive Interest Shares, the number of Shares issuable shall be
calculated at the same Conversion Price applicable to any conversion of
principal of this Note.

     (c) As promptly as practicable upon the receipt of any Conversion Notice,
and surrender of this Note, the Issuer shall convert the Note and issue the
Common Stock. The Issuer shall (i) issue the Common Stock issuable upon such
conversion in accordance with the provisions of this Article 3, and (ii) deliver
or direct its transfer agent to deliver by overnight delivery to the Holder a
certificate or certificates representing the number of shares of Common Stock to
which the Holder is entitled by virtue of such conversion.

     (d) The Conversion Notice shall also state the name (with address) of the
person who is to become the holder of the Common Stock issued at conversion in
connection with such conversion. Upon surrender for conversion, this Note shall
be accompanied by a proper assignment hereof to the Issuer or in blank.

     (e) Such conversion shall be deemed to have been effected at the time at
which the Conversion Notice indicates, so long as this Note shall have been
surrendered as aforesaid at such time and at such time the rights of the Holder
as holder of this Note shall cease and the person or persons in whose name or
names the Common Stock issued at conversion shall be issuable upon such
conversion shall be deemed to have become the holder or holders of record of the
Common Stock represented thereby.

     (f) The Conversion Notice shall constitute a contract between the Holder
and the Issuer, whereby the Holder shall be deemed to subscribe for the number
of shares of Common Stock that it will be entitled to receive upon such
conversion and in payment and satisfaction of such subscription (and for any
cash adjustment to which it is entitled pursuant to Section 3.3), to surrender
this Note and to release the Issuer from all liabilities thereon.

                                      -3-

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     Section 3.3 Fractional Shares. No fractional share of Common Stock of the
Issuer or scrip representing fractional Common Stock shall be issued upon
conversion of this Note. Instead of any fractional Common Stock which would
otherwise be issuable upon conversion of this Note, the Issuer shall pay a cash
adjustment in respect of such fraction in an amount equal to the same fraction.
No cash payment of less than $1.00 shall be required.

     Section 3.4 Mandatory Conversion. At the Maturity Date, the Issuer, at its
option, may require the Holder to convert the remaining principal balance of the
Note into Common Stock of the Issuer in the same manner as if the Holder
voluntarily elected to do so, as provided for in Sections 3.1 through 3.3,
inclusive, of this Article III.


                                   ARTICLE IV
                                   REDEMPTION

     Section 4.1 Redemption. The Note being issued hereunder is subject to
redemption by the Issuer in whole or in part at any time or from time to time,
but not later than the Maturity Date, unless earlier converted or redeemed
pursuant to Section 3.1, above. The redemption price payable in cash shall be
par value of this Note, or such pro rata amount as is then being redeemed, and
all interest accrued thereon to the date of redemption.


                                    ARTICLE V
                        STATUS; RESTRICTIONS ON TRANSFER

     Section 5.1 Status of Note. This Note is a direct, general and
unconditional obligation of the Issuer ranking pari passu with all other
unsecured indebtedness of the Issuer, enforceable in accordance with its terms
subject, as to enforcement, to bankruptcy, insolvency, reorganization and other
similar laws of general applicability relating to or affecting creditors' rights
and to general principles of equity.

     Section 5.2 Restrictions on Transfer. This Note, and any Common Stock of
the Issuer issued according to the terms hereof, have not been and will not be
registered under the Securities Act. This Note may not be offered or sold,
directly or indirectly, assigned, transferred, hypothecated or pledged in the
absence of an effected registration statement under the Securities Act, or the
opinion of counsel to the Issuer that such transaction is exempt from
registration under the Securities Act.


                                   ARTICLE VI
                                    COVENANTS

     The Issuer covenants and agrees that so long as this Note shall be
outstanding:

     Section 6.1 Conversion. The Issuer will punctually issue shares of Common
Stock at conversion, according to the terms hereof and of the Purchase
Agreement.

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     Section 6.2 Notice of Default. If any one or more events occur which
constitute or with the giving of notice or the lapse of time or both, would
constitute an Event of Default or if the Holder shall demand the issuance of
Common Stock or take any other action permitted upon the occurrence of any such
Event of Default, the Issuer will forthwith give notice to the Holder,
specifying the nature and status of the Event of Default or other event or of
such demand or action, as the case may be.

     Section 6.3 Preservation of Existence. The Issuer will preserve and
maintain its existence, rights, franchises and privileges that are not material
to both (i) the performance of its obligations under this Note and the Purchase
Agreement; and (ii) the conduct of its business as presently or proposed to be
conducted.

     Section 6.4 Compliance with Laws. The Issuer will comply in all material
respects with all applicable laws, ordinances, rules, regulations and
requirements of governmental authorities except where the necessity of
compliance therewith is contested in good faith by appropriate proceedings.

     Section 6.7 Inspection of Property, Books and Records. The Issuer will keep
proper books of record and account in which full, true and correct entries shall
be made of all dealings and transactions in relation to its business and
activities and will permit representatives of the Holder at the Holder's expense
to visit and inspect any of its respective properties, to examine and make
abstracts from any of its respective books and records and to discuss its
respective affairs, finances and accounts with its respective officers,
employees and independent public accountants, all at such reasonable times and
as often as may reasonably be desired.


                                   ARTICLE VII
                           EVENTS OF DEFAULT; REMEDIES

     Section 7.1 Events of Default. "Event of Default" wherever used herein
means any of the following events:

     (a) default in the due and punctual payment of the principal of, interest
on, this Note when and as the same shall become due and payable, and continuance
of such default for a period of thirty (30) calendar days; or

     (b) the Issuer shall fail to perform, or observe any covenant, agreement or
obligation of the Issuer in this Note and the continuance of such default for a
period of forty-five (45) calendar days after there has been given to the Issuer
by a Holder a written notice specifying such default and requiring it to be
remedied; or

     (c) the entry of a decree or order by a court having jurisdiction in the
premises adjudging the Issuer a bankrupt or insolvent, or approving as properly
filed a petition seeking reorganization, arrangement, adjustment or composition
of or in respect of the Issuer under the Bankruptcy Code or any other Federal or
State law, or appointing a receiver, liquidator, assignee, trustee or

                                      -5-

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sequestrator (or other similar official) of the Issuer or of any substantial
part of its property, or ordering the winding-up or liquidation of its affairs,
and the continuance of any such decree or order unstated and in effect for a
period of 90 calendar days; or

     (d) the institution by the Issuer of proceedings to be adjudicated a
bankrupt or insolvent, or the consent by it to the institution of bankruptcy or
insolvency proceedings against it, or the filing by it of a petition or answer
or consent seeking reorganization or relief under the Federal Bankruptcy Code or
any other applicable Federal or State law, or the consent by it to the filing of
any such petition or to the appointment of a receiver, liquidator, assignee,
trustee or sequestrator (or other similar official) of the Issuer or of any
substantial part of its property, or the making by it of an assignment for the
benefit of creditors, or the admission by it in writing of its inability to pay
its debts generally as they become due, or the taking of corporate action by the
Issuer in furtherance of any such action; or

     (e) (i) the Issuer is unable to pay its debts as they fall due, stops, or
suspends or threatens in writing to stop or suspend payment of all or any
material part of its debts (other than debts contested in good faith by
appropriate proceedings), begins negotiations or takes any proceeding or other
step with a view to readjustment, rescheduling or deferral of all of its
Indebtedness (or any material thereof) that it will or might otherwise be unable
to pay when due or seeks the appointment of a statutory manager or proposes in
writing or makes a general assignment or an arrangement or composition with or
for the benefit of its creditors or any group or class thereof or files a
petition for suspension of payments or other relief of debtors of for bankruptcy
or is declared bankrupt or a moratorium or statutory management is agreed or
declared with respect of or affecting all or any material part of the
Indebtedness of the Issuer, or (ii) the Issuer ceases or threatens in writing to
cease to carry all or any material part of the business carried on by the Issuer
taken as a whole and as a result of such cessation or threat of cessation, the
Issuer will not be able to perform or comply with its payment obligations under
this Notes.

     Section 7.2 Acceleration of Maturity, Rescission and Annulment. If an Event
of Default occurs and is continuing, then and in every such case any Holder may
rescind any Conversion Notice given to the Issuer (but only if the Conversion
Shares or the Interest Shares so requested have not then been issued) and obtain
payment in immediately available funds for the entire outstanding principal
amount of the Note that remains unconverted and unredeemed and all interest
accrued thereon, by a notice in writing to the Issuer, and upon any such
declaration the principal amount of this Note shall become immediately due and
payable by virtue of such rescission.

     Section 7.3 Remedies Not Waived. No course of dealing between the Issuer
and the Holder or any delay in exercising any rights hereunder shall operate as
a waiver by the Holder.

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                                  ARTICLE VIII
                                  MISCELLANEOUS

     Section 8.1 Register.

     (a) The Issuer shall keep at its principal office a register in which the
Issuer shall provide for the registration of this Note. Upon any transfer of
this Note in accordance with the terms of this Note, the Issuer shall register
such transfer in the Note register.

     (b) The Issuer, may deem the person in whose name this Note shall be
registered upon the registry books of the Issuer to be, and may treat it as, the
absolute power if this Note (whether or not this Note shall be overdue) for the
purpose of receiving payment of interest on or principal of this Note, for the
conversion of this Note and for all other purposes, and the Issuer shall not be
affected by any notice to the contrary. All such payments and such conversions
shall be valid and effective to satisfy and discharge the liability upon this
Note to the extent of the sum or sums so paid or the conversion or conversions
so made.

     Section 8.2 Withholding. To the extent required by applicable law, the
Issuer may withhold amounts for or on account of any taxes imposed or levied by
or on behalf of any taxing authority in the United States having jurisdiction
over the Issuer from any payments made pursuant to this Note.

     Section 8.3 Governing Law. This Note shall be governed by, and construed in
accordance with, the laws of the State of California.

     Section 8.4 Headings. The headings of the Articles and Sections of this
Note are solely for convenience only and do not constitute a part of this Note.


IN WITNESS WHEREOF, the Issuer has caused this Note to be signed by its duly
authorized officer and attested by its duly authorized officer, on the date of
this Note.

                                 e-NET FINANCIAL.COM CORPORATION


                                 By:      /s/ Vincent Rinehart
                                          --------------------------------------
                                 Name:        Vincent Rinehar
                                             -----------------------------------
                                 Title:       Chief Executive Officer

ATTEST:

By:
         --------------------------------------------

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

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                                     ANNEX I
                         e-NET FINANCIAL.COM CORPORATION
                         REDEEMABLE CONVERTIBLE 10% NOTE
                             ANNEX OF DEFINED TERMS


     "Common Shares" or "Common Stock" shall mean shares of the Common Stock,
$.001 par value of the Issuer.

     "Conversion Date" shall mean any day on which all or some part of the
principal amount of this Note is converted into Conversion Shares in accordance
with the terms of this Note.

     "Conversion Notice" shall have the meaning set forth in Section 3.2.

     "Conversion Price" shall have the meaning set forth in Section 3.1.

     "Conversion Shares" shall mean all Common Shares issued or issuable upon
conversion of this Note, including the Interest Shares, if any.

     "Event of Default" shall have the meaning set forth in Section 7.1.

     "Holder" means EMB Corporation and any subsequent holder hereof or of any
Notes for which this Note is exchanged pursuant to Article 2.

     "Indebtedness" shall mean the (i) all indebtedness of the Issuer or other
obligations for borrowed money or other claims which would, in accordance with
generally accepted accounting principles, be classified as a liability on the
balance sheet of the Issuer.

     "Interest Shares" shall mean any Conversion Shares issued or issuable, at
the election of any Note holder, in lieu of interest accrued on any Note at the
time of conversion.

     "Issuer" shall mean e-Net Financial.Com Corporation and any successor
corporation by merger, consolidation, sale or exchange of all or substantially
all of the Issuer's assets, or otherwise.

     "Note" shall mean this Redeemable Convertible 10% Note or such other Note
or Notes exchanged therefor as provided in Section 2.1.

     "Person" shall mean an individual , a corporation, a partnership, an
association, a trust or other entity or organization, including a government or
political subdivision or an agency or instrumentality thereof .

     "SEC" shall mean the United States Securities and Exchange Commission.

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     "Securities Act" shall mean the United States Securities Act of 1933, as
amended, and the rules and regulations of the SEC thereunder, all as in effect
at the time.

     "Valuation Period" shall have the meaning set forth in Section 3.1.




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                                    ANNEX II
                         e-NET FINANCIAL.COM CORPORATION
                         REDEEMABLE CONVERTIBLE 10% NOTE

                              NOTICE OF CONVERSION


     (To be Executed by the Registered Holder in order to Convert any Note)


     The undersigned hereby irrevocably elects to convert $_________ of the
above Note into Shares of Common Stock of e-Net Financial.Com Corporation (the
"Company") according to the conditions set forth in such Note, as of the date
written below.

     If Shares are to be issued in the name of a person other than the
undersigned, the undersigned will pay all transfer taxes payable with respect
thereto.

Date of Conversion:
                  -----------------------------------------------------

Conversion Price:
                  -----------------------------------------------------

Name of Holder:
                  -----------------------------------------------------

Address:
                  -----------------------------------------------------




Signature:
                  -----------------------------------------------------
                  (Print Name and Title of Signatory)