<PAGE>


                                  EXHIBIT 10.10





                              DATED 2 FEBRUARY 2000
                              ---------------------

                      GLOBAL INFORMATION GROUP U.S.A., INC.

                                   as Borrower



                                       and



                           NEWICK DEVELOPMENTS LIMITED

                                    as Lender




                ------------------------------------------------

                              SECOND LOAN AGREEMENT

                ------------------------------------------------













                            abcdef (Greek characters)
                        2 Serjeants' Inn, London EC4Y 1LT
                      Tel: 0171 583 5353 Fax: 0171 353 3683


<PAGE>







THIS SECOND LOAN AGREEMENT is made on 2 February 2000

BETWEEN:

(1)      GLOBAL INFORMATION GROUP U.S.A., INC. (registered  number [      ])
         having its registered office at One Rockefeller Plaza, Suite 1420, New
         York, NY 10020, USA (the "Borrower"); and

(2)      NEWICK DEVELOPMENTS LIMITED (the "Lender"), having its place of
         business at Waterfront Drive, Atlantic Tower, Road Town, Tortola,
         British Virgin Islands.

         BACKGROUND

I.       The Borrower (1) Chatelin Capital Partners Limited ("CCP") (2) Jolec
         Trading Limited (3) Anthony Mohr (4) Koenig Invest AG ("Koenig") (5)
         and the Lender (6) have entered into a share purchase and shareholders
         agreement ("Agreement") (appended as Schedule 1) dated 14 January 2000
         relating to the Borrower.

J.       This agreement is the Second Loan Agreement referred to in clause 12.2
         of, and the sixth schedule to, the Agreement.

K.       Capitalised expressions not defined in this Second Loan Agreement shall
         have the meanings given to them in clause 1.1 of the Agreement.

L.       The Lender has agreed to offer the Borrower a loan facility in the
         maximum aggregate amount of US$400,000 ("Second Loan Facility") on the
         following terms and conditions.


IT IS AGREED as follows:

1.       Amount

A maximum aggregate amount of US$400,000.

2.       Purpose

The entire proceeds of the Loan Facility shall be applied by the Borrower in
accordance with clause 10.4.2 of the Agreement.

3.       Conditions Precedent

Before a Loan may be drawn down under this Second Loan Agreement, the Borrower
shall deliver to the Lender in form and substance satisfactory to the Lender (i)
a certified copy of a resolution of its Board of Directors approving the
transactions contemplated by this letter and authorising a specified person or
persons to execute this letter and (ii) a copy of this Second Loan Agreement
duly executed by the Borrower.

4.       Drawdown

The Second Loan Facility shall be drawn down in no more than four equal tranches
(each a "Loan") if in the reasonable opinion of the board of directors of the
Borrower, the cash flow statements of the Borrower show a need for this at any
time before the Repayment Date (as defined in this Second Loan Agreement), after
which date any unutilised amount of the Second Loan Facility shall automatically
be cancelled.

The Lender will not be obliged to make available a Loan hereunder if, on the
Drawdown Date, any of the representations in paragraph 12 of this Second Loan
Agreement or clause 7 of the Agreement shall not then be true and correct in all
respects or any of the events specified in paragraph 13 of this Second Loan
Agreement shall have occurred and shall then be continuing.

<PAGE>


5.       COVENANTS

5.1           The Borrower shall provide the Lender with cash flow statements in
              a form acceptable to the Lender on a monthly basis and further
              provide us with information in accordance with clause 11.1 of the
              Agreement.

5.2           If at any time the Borrower, any of its subsidiaries or any
              company controlled by it purchases all or any of the source codes
              relating to the bespoke computer software used in the Borrower's
              business in accordance with clause 12.4 of the Agreement then the
              Borrower shall use it best endeavours to deliver within a
              reasonable time and in any event within 30 days of the completion
              of such purchase an executed escrow agreement (negotiated in good
              faith and in accordance with the principals appended as Schedule
              2) over all source codes relating to the bespoke computer software
              used in the Borrower's business in favour of the Lender and
              Koenig.

5.3           If required by the Lender and Koenig, and if the purchase as
              referred to in 5.2 by Borrower of the bespoke computer software
              has not been realised, the Lender, Koenig and, the Borrower shall
              - if Lender or Koenig so requests - negotiate in good faith to
              provide the Lender and Koenig with an alternative form of security
              other than that required under Clause 5.2 of this First Loan
              Agreement over any and all source codes or other intellectual
              property relating to the bespoke computer software used in the
              Borrower's business (other than any which is held in escrow under
              Clause 5.2 of this First Loan Agreement). If such alternative
              security is agreed, the Borrower undertakes to execute all
              documentation required by the Lender and Koenig to perfect and
              protect such security.

6.       Repayment

         The Loans shall be repaid in full on the sooner to occur of (i) an IPO
or Third Party Sale (each as defined in the Agreement), (ii) that date falling 5
years after the date of Completion, and (iii) any or all of the equity share
capital of the Borrower or its parent undertaking being admitted or readmitted
to an internationally Recognised Stock Exchange. The relevant date shall be
referred to in this First Loan Agreement as the Repayment Date.

7.        Prepayment

On giving the Lender not less than 15 days' notice, the Borrower may prepay all
or any part of the Loan (but if in part in an amount of US$50,000 or an integral
multiple thereof, if more). The Borrower may not re-borrow any prepayment.
Prepayments shall be made together with all unpaid interest on the amount
prepaid.

8.       Interest Periods

The first Interest Period shall commence on the date of disbursement of the
Second Loan Facility and end on that date following 18 months thereafter. Each
subsequent Interest Period shall be a period of 3 months commencing on the date
following the expiry of the preceding Interest Period.

If an Interest Period would end on a day which is not a business day, such
Interest Period shall be extended to the next business day.

The first Interest Period of each Loan, other than the first Loan, shall end on
the last day of the then current Interest Period relating to the first Loan.
Thereafter, all Interest Periods relating to such Loans shall be co-terminous
and such Loans shall be treated as one Loan.

If an Interest Period would otherwise overrun the Repayment Date, such Interest
Period shall be shortened so that such Interest Period ends on the Repayment
Date.

<PAGE>


9.       Interest

Interest on the Loan will be payable at the rate of 6.5 per cent. per annum.
Interest shall be calculated on a basis of the actual number of days elapsed and
a year of 360 days. Interest shall be payable in arrears on the last day of an
Interest Period ("Interest Payment Date").

10.      Additional Interest

If the Borrower fails to pay any sum due hereunder on its due date, the Borrower
shall pay interest on such sum from the date of such failure to the date of
actual payment (as well after as before judgment) at the rate of 2.5 per cent.
per annum.

11.      Payments

All payments (whether capital, interest or otherwise) to be made by the Borrower
under this First Loan Agreement shall be made without set-off or counterclaim
and free and clear of any deduction in respect of any present or future taxes of
any nature now or hereafter imposed ("Taxes") unless such deduction is required
to be made by law, in which event any affected payment shall be increased to
ensure that the Lender receives a net amount equal to the full amount due had
such payment not been subject to such deduction. The Borrower shall deliver, on
being so requested by the Lender, evidence satisfactory to it that such Taxes
have been paid.

Whenever any payment shall become due on a day which is not a business day, the
due date thereof shall be extended to the next business day and interest shall
be calculated accordingly.

All payments to be made by the Borrower under this First Loan Agreement shall be
made on the due date for value in immediately available funds to the Lender as
it may, from time to time, instruct the Borrower.

12.      Representations

In addition to the representations, warranties, indemnities and undertakings
given by the Borrower under the Agreement, the Borrower represents and warrants
to the Lender that:-

12.1          it has the power to own its property and assets and carry on its
              business as it is now being conducted;

12.2          it has the power to enter into and perform this First Loan
              Agreement and the transactions contemplated by this First Loan
              Agreement and it has taken all necessary action to authorise the
              entry into and performance of this First Loan Agreement and the
              transactions contemplated by this First Loan Agreement;

12.3          this First Loan Agreement constitutes the Borrower's legal, valid
              and binding obligations enforceable in accordance with its terms;

12.4          the entry into and performance of this First Loan Agreement and
              the transactions contemplated by this First Loan Agreement do not
              and will not conflict with (i) any law or regulation or any
              official or judicial order, or (ii) the Borrower's certificate of
              incorporation and bylaws;

12.5          to the best of Borrower's knowledge, full disclosure has been made
              to us before the date of this First Loan Agreement of all material
              facts or circumstances which need to be disclosed to enable us to
              obtain a true and correct view of the Borrower's business,
              undertaking, assets, liabilities, revenues and affairs (in each
              case, both current and prospective) or which ought to be disclosed
              to any person proposing to provide finance to the Borrower.

<PAGE>

13.      Events of Default

All sums due hereunder shall become immediately due and payable on demand and
all the Lender's obligations hereunder shall cease if any of the following
events occurs:

13.1          any sum payable by the Borrower under this First Loan Agreement
              is not paid within 30 days after due date; or

13.2          the Borrower fails to comply with any other provisions of this
              First Loan Agreement; or

13.3          any representation made in this First Loan Agreement or the
              Agreement is incorrect in any respect or, if repeated at any time
              with reference to the facts and circumstances then existing, would
              be so incorrect; or

13.4          the Borrower becomes insolvent, or it suspends making payments
              (whether of principal or interest) with respect to all or any
              class of its debts or announces an intention to do so; or

13.5          any administrative or other receiver or any manager relating to
              the Borrower or any of its property is appointed or any other
              steps are taken to enforce any charge or other security over any
              of its property, or any steps are taken with a view to putting in
              force any kind of attachment, sequestration, distress or execution
              against the Borrower or any of its property; or

13.6          the Borrower is wound up, dissolved or liquidated ; or

13.7          any event occurs or proceedings taken in relation to the Borrower
              in any jurisdiction which has a similar, equivalent or analogous
              effect to any of the events detailed in paragraphs 13.4 to 13.6 of
              this First Loan Agreement inclusive; or

13.8          the Borrower ceases, or threatens to cease, to carry on all or a
              substantial part of its business; or

13.9          any of the property subject to any security in favour of the
              Lender is subject to a compulsory purchase order or any order
              analogous to such an order; or

14.      Fees and Costs

The Borrower shall, on the date on which the first Loan Facility is advanced,
pay to CCP an arrangement fee of US$ 10,000 pro rata as with the disbursements
of the Loan Facility.

The Borrower shall, on being so requested by the Lender, pay all reasonable
costs and fees incurred by the Lender in connection with the preservation of its
rights under, or the enforcement of, this First Loan Agreement or any security
document in favour of the Lender.

15.      General Indemnity

The Borrower shall, on being so requested by the Lender, indemnify the Lender
against any loss or expense which the Lender may sustain or incur as a
consequence of the occurrence of any of the events referred to in paragraph 13
of this First Loan Agreement.

16.      Law and Jurisdiction

The terms of clause 22 of the Agreement shall be incorporated into this First
Loan Agreement.

17.      Notices

The terms of clause 20 of the Agreement shall be incorporated into this First
Loan Agreement.

<PAGE>

IN WITNESS whereof the parties have executed this First Loan Agreement the day
and year first above written.

THE LENDER:
GLOBAL INFORMATION GROUP U.S.A., INC.
By /s/Anthony E. Mohr, President


THE BORROWER:
NEWICK DEVELOPMENTS LIMITED
/s/Intertrust (Curacao) N.V.
By:  Gregory Elias, Managing Director


<PAGE>


                                    SCHEDULE

                                1. THE AGREEMENT

                       2. THE ESCROW AGREEMENT PRINCIPLES