EXHIBIT 10.21

                      CONSULTING AGREEMENT WITH PHILIP TOY
                             DATED AUGUST 21, 2003





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                              CONSULTING AGREEMENT


This Consulting Agreement ("Agreement") is to be effective as of the 21st day of
August,  2003, by and between TIMBEAT.COM  ENTERPRISES INC.,  ("Company"),  with
offices  located at P.O.  Box 9, 237 Whites Way,  Payson,  Arizona,  85547,  and
PHILIP  TOY,  B.  COM.,  CMA (RIA)  ("Consultant"),  an  individual  having  his
principal  address  at 27204  Dumfries  Street in the City of  Vancouver,  B.C.,
Canada V5P 3C4

For the purposes of this Agreement,  either of the above shall be referred to as
a "Party" and collectively as the "Parties".

The Parties hereby agree as follows:


1.       APPOINTMENT OF PHILIP TOY,  B.COM,  CMA (RIA).  Company hereby appoints
         Consultant and Consultant  hereby agrees to render  services to Company
         as a Management Consultant.

2.       SERVICES.  During the term of this Agreement,  Consultant shall provide
         advice  to  undertake  for and  consult  with  the  Company  concerning
         management  of sales and  marketing  resources,  consulting,  strategic
         planning,  corporate  organization and structure,  financial matters in
         connection  with  the  operation  of the  businesses  of  the  Company,
         expansion of services,  acquisitions  and business  opportunities,  and
         shall  review and  advise the  Company  regarding  its and his  overall
         progress,  needs,  and  condition.  Consultant  agrees to  provide on a
         timely basis the  following  enumerated  services  plus any  additional
         services contemplated thereby:

           (a)   The  implementation  of  short-range  and  long-term  strategic
                 planning to fully  develop and  enhance the  Company's  assets,
                 resources, products;

           (b)   The   preparation  of  Executive   Summary,   Business   Plans,
                 Budget/Financial  Reports and Due  Diligence  Reports to enable
                 the Company to broaden the markets for its services and promote
                 the image of the Company and its products;

           (c)   Advise the Company  relative to the  recruitment and employment
                 of key executives  consistent  with the expansion of operations
                 of the Company.

           (d)   The identification,  evaluation, structuring,  negotiating, and
                 closing  of  joint  ventures,  strategic  alliances,   business
                 acquisitions,  and advise with  regard to the ongoing  managing
                 and operating of such acquisitions  upon consummation  thereof;
                 and

           (e)   Advise and make  recommendations  regarding corporate financing
                 including  the  structures,  terms,  and content of bank loans,
                 institutional loans, private debt funding.

         TERM.  The term ("Term") of this  Consulting  Agreement  shall be for a
         period of six (6) months  commencing  on the date hereof.  The contract
         will  automatically  be extended  for an  additional  three (3) months.
         Either party hereto  shall have the right to terminate  this  Agreement
         upon thirty (30) days prior written notice to the other party after the
         first three (3) months.

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3.       COMPENSATION. See Attachment "A".

4.       CONFIDENTIALITY. Consultant will not disclose to any other person, firm
         or corporation,  nor use for its own benefit,  during or after the Term
         of this Consulting  Agreement,  any trade secrets or other  information
         designated as  confidential  by Company which is acquired by Consultant
         in the course of performing  services  hereunder.  Any financial advice
         rendered by Consultant pursuant to this Consulting Agreement may not be
         disclosed in any manner without the prior written approval of Company.

5.       INDEMNIFCATION.   Company,  its  agents  or  assigns  hereby  agree  to
         indemnify  and hold  Consultant  harmless  from and against all losses,
         claims, damages,  liabilities,  costs or expenses (including reasonable
         attorney's fees,  collectively the  "Liabilities"),  joint and several,
         arising from the performance of this Consulting  Agreement,  whether or
         not  Consultant  is party to such  dispute.  This  indemnity  shall not
         apply,  however,  and Consultant shall indemnify and hold Company,  its
         affiliates,  control persons,  officers,  employees and agents harmless
         from  and  against  all   liabilities,   where  a  court  of  competent
         jurisdiction has made a final  determination that Consultant engaged in
         gross  recklessness  and willful  misconduct in the  performance of its
         services hereunder.

6.       INDEPENDENT CONTRACTOR. Consultant and Company hereby acknowledges that
         Consultant is an independent  contractor.  Consultant shall not hold it
         out as, nor shall it take any action from which others might infer that
         it is an agent of or a joint venture of Company.

7.       MISCELLANEOUS.   This  Consulting   Agreement  sets  forth  the  entire
         understanding of the Parties relating to the subject matter hereof, and
         supersedes  and cancels any prior  communications,  understandings  and
         agreements   between  the  Parties.   This   Consulting   Agreement  is
         non-exclusive  and cannot be modified  or  changed,  nor can any of its
         provisions  be  waived,  except  by  written  agreement  signed  by all
         Parties. This Consulting Agreement shall be governed by the laws of the
         State of Nevada  without  reference to the  conflict of law  principles
         thereof. In the event of any dispute as to the Terms of this Consulting
         Agreement,  the prevailing Party in any litigation shall be entitled to
         reasonable attorney's fees.

8.       NOTICES.  Any notice required or permitted  hereunder shall be given in
         writing  (unless  otherwise  specified  herein)  and  shall  be  deemed
         effectively  given upon personal  delivery or seven business days after
         deposit in the United  States  Postal  Service,  by (a) advance copy by
         fax, (b) mailing by express  courier or  registered  or certified  mail
         with postage and fees  prepaid,  addressed to each of the other Parties
         thereunto  entitled  at  the  following  addresses,  or at  such  other
         addresses as a Party may designate by ten days advance  written  notice
         to  each  of the  other  Parties  at  the  addresses  above  and to the
         attention of the persons that have signed below.




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Please  confirm that the foregoing sets forth our  understanding  by signing the
enclosed copy of this Consulting Agreement where provided and returning it to me
at your earliest convenience.


All Parties signing below do so with full authority:


PARTY RECEIVING SERVICES:              PARTY PROVIDING SERVICES:

TIMBEAT.COM ENTERPRISES INC.           PHILIP TOY, an individual



-------------------------------        -------------------------------------
THOMAS L. CROM III, CFO                PHILIP TOY, an individual






















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                                 ATTACHMENT "A"


PAYMENT FOR SERVICES:


A.       For the services  rendered and  performed by PHILIP TOY during the term
         of this  Agreement,  Company shall,  upon acceptance of this Agreement:
         Pay to PHILIP TOY three million (3,000,000) shares of TMBT common stock
         for six (6) months of service.



Accepted with full authority:

TIMEBEAT.COM ENTERPRISES INC.




By:
   --------------------------------------
       THOMAS L. CROM III, CFO












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