EXHIBIT 10.18 - MATERIAL CONTRACT
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LOAN AGREEMENT - WHITE SANDS, INC.
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                 THIS AGREEMENT made this 1st day of March 2003.


BETWEEN:
                 BANGLA PROPERTY MANAGEMENT, INC.
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                 a corporation incorporated under the laws of the
                 State of Colorado


                 Hereinafter called the "Debtor"

                                                              OF THE FIRST PART;

                                     - and -

                 WHITE SANDS, INC.
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                 a Nevis Corporation

                 Hereinafter called the "Lender"

                                                             OF THE SECOND PART.

     WHEREAS the Lender and Debtor have agreed to a credit  facility that allows
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the Debtor to drawn upon the facility to a maximum amount of USD $50,000.

     AND WHEREAS the loan shall be payable upon demand,  be unsecured  and shall
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bear interest at the rate of 8% per annum on all sums drawn down upon;

     NOW THIS AGREEMENT  WITNESSETH that in consideration of the credit facility
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being  granted  and the promise of the Debtor to repay the loan in the amount of
monies advanced pursuant to the facility,  the parties hereby covenant and agree
as follows:

1.0  AMOUNT AND ADVANCEMENT
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     1.1  The Lender shall make  available to the Debtor a line of credit in the
          amount of USD $50,000 for use in its business;

     1.2  The Debtor may drawn upon this line of credit  from time to time as it
          sees fit and after giving notice for the advancement of funds;

     1.3  The Debtor  shall give the Lender seven (7) days notice of its request
          for the advancement of the funds;

     1.4  The Lender  shall  advance  the  requested  funds to the  Debtor  upon
          receipt of the notice requesting the advancement of funds within seven
          (7) days.



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2.0  NATURE OF THE CREDIT FACILITY
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     2.1  This credit facility shall be in the nature of a demand loan,  payable
          by the Debtor to the Lender thirty (30) days after the Lender  demands
          payment of the amounts advanced pursuant to this agreement;

     2.2  The said demand shall be in writing and addressed to the Debtor at its
          address I indicated in this agreement;

     2.3  This credit  facility  shall have no security  issued or taken against
          the amounts advanced;

     2.4  This credit  facility  shall bear interest at the rate of 8% per annum
          on the principal amount drawn down and remaining unpaid, after as well
          as before demand or maturity or default, calculated on an annual basis
          (on the  basis  of a year of 365 days for the  actual  number  of days
          elapsed);

3.0  NOTICE
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     3.1  All correspondence and notices to the Debtor shall be delivered to:

          1473 Richardson Avenue
          Los Altos, California
          USA, 94024

     3.2  All correspondence and notices to the Lender shall be delivered to:

          Suite 4, Temple Building
          Main & Prince William Street
          Charlestown, Nevis
          West Indies

4.0  JURISDICTION
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     4.1  This  agreement  shall be governed by the laws of Nevis and each party
          shall attorn to that countries  jurisdiction and courts to resolve all
          disputes;

     4.2  All actions and  proceedings  and their  defence shall be commenced in
          Nevis, West Indies.

5.0  TIME
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5.1  Time shall be of the essence.



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6.0  CORPORATE ACTION
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     6.1  The  parties  hereto  agree and  acknowledge  that they have taken all
          corporate action necessary to have this agreement properly executed by
          the corporation and represent that it is binding on the corporation.


     IN WITNESS  WHEREOF the parties have  hereunto set their hands and seals by
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the positive act of their officers.



                                           BANGLA PROPERTY MANAGEMENT, INC.

                                           Per: /s/ Shawn Erickson
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Witness

                                           WHITE SANDS, INC.

                                           Per: /s/ Daniel MacMullin
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Witness



























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