<PAGE>

                                                                   Exhibit 10.14

                                LICENSE AGREEMENT
                                -----------------


THIS LICENSE AGREEMENT is dated the first day of November, 2003

BY AND BETWEEN:   LASER LOCK TECHNOLOGIES INC., a corporation duly
                  organized and existing under the laws of Nevada, with offices
                  at 837, Lindy Lane, Bala Cynwyd, Pennsylvania, 19004, and its
                  Affiliates as herein defined.


                  Hereinafter referred to as "LICENSOR"

AND               COPAG U.S.A. INC., a corporation duly organized and
                  existing under the laws of Nevada, with offices at 8275 South
                  Eastern Avenue, #200-47, Las Vegas, Nevada 89123



                  Hereinafter referred to as "LICENSEE"


WITNESSETH:


WHEREAS, LICENSOR is the sole owner of a series of proprietary rights patents
and patent applications dealing with and relating to, amongst other things,
technology relating to systems incorporating luminescent pigments; and

WHEREAS, LICENSOR wishes to enter into a contractual arrangement with LICENSEE
so as to provide LICENSEE with the use of the LL Technology for the products
hereinafter defined in clause 1.06.

NOW, THEREFORE, in consideration of the premises and of the mutual agreements,
provisions and covenants here contained, the parties hereto hereby agree as
follows:

<PAGE>


                                                                               2

                           ARTICLE ONE - DEFINITIONS
                           -------------------------

1.01          "ADDITIONAL ROYALTY" shall mean an amount equal to the sum arrived
              at by multiplying the number of units of the Products in excess of
              One Hundred Thousand (100,000) sold or manufactured for or by the
              LICENSEE during each Royalty Period, by FIVE CENTS ($0.05) for
              each excess Exclusive Product.

1.02          "AFFILIATE" means with respect to a party, any corporation or
              other business entity directly or indirectly controlling,
              controlled by or under common control with such party; as used
              herein, the term "control" means possession of the power to
              direct, or cause the direction of the management and policies of a
              corporation or other entity whether through the ownership of
              voting securities, by contract or otherwise.

1.03          "DESIGN RIGHTS" shall mean design rights (whether registered or
              unregistered) which are owned or which may hereafter be owned by
              the LICENSOR and which relate to the LL Technologies.

1.04          "EFFECTIVE DATE" of this Agreement shall be November 01, 2003.

1.05          "LICENSEE REPORT" shall mean a written report, which shall list
              the customer (or customer code), and the number of units of the
              Products purchased by each customer of the LICENSEE during the
              preceding Royalty Period, as well as such other information as the
              LICENSOR reasonably requires.

1.06          "LL TECHNOLOGY" shall mean:

              (i)       the technology relating to the systems incorporating
                        luminescent pigments which are enacted by infrared (IR);

              (ii)      the technology relating to the preparation and mixing of
                        the LICENSOR's inorganic luminescent pigments and
                        phosphors which convert IR light into visible;

              (iii)     the technology relating to the excitation sources
                        necessary for up-converting phosphors and LICENSOR's
                        pigments;

              (iv)      all Design Rights and includes without limitation all
                        granted patents and patent applications together with
                        any granted patent arising from such applications
                        (collectively, the "Patents").

1.07          "MINIMUM ANNUAL ROYALTY" shall mean the sum of FIVE THOUSAND
              DOLLARS ($5,000.00).

<PAGE>

                                                                               3

1.08          "PRODUCTS" shall mean and shall be restricted to decks of paper
              playing cards containing fifty-four (54) cards.

1.09          "ROYALTY PERIOD" shall mean a period of twelve (12) calendar
              months commencing on the Effective Date and every twelve (12)
              month period thereafter so long as this Agreement remains in
              effect.

1.10          "TERM" shall mean the time period contemplated by Article 6.

1.11          "TERRITORY" shall mean the world.



                             ARTICLE TWO - LICENSE
                             ---------------------


2.01          The LICENSOR hereby licenses and grants to LICENSEE a limited
              exclusive right to use the LL Technology to market, manufacture
              and sell the Products (as defined in 1.08) in the Territory. The
              LICENSEE acknowledges that the LICENSOR may at its sole and
              absolute discretion grant a license to one other Company to use
              market, manufacture and sell the Products (1.08) but only in the
              United States of America, it being understood that the LICENSEE
              shall have an exclusivity for the rest of the world.

2.02          The LICENSOR agrees that the LICENSEE may sub-license all or any
              of the LICENSEE's rights hereunder to the LICENSEE's parent
              company, namely, Copag de Amazonia, S/a

                     ARTICLE THREE - SUPPLY OF RAW MATERIALS
                     ---------------------------------------

3.01          THE LICENSOR shall sell to LICENSEE all pigment required by
              LICENSEE in order that the LICENSEE may mix its own ink for use on
              and with the Products, the whole at the LICENSOR's then prevailing
              most favorable selling price of pigment to any other party. The
              pigment selling price as of the Effective Date for the ensuing
              twenty-four (24) months is FIVE HUNDRED DOLLARS ($500.00) per
              pound, plus shipping, taxes and duty. The LICENSOR will not
              increase the latter cost at least for the next twenty-four (24)
              months.

3.02          THE LICENSOR also agrees to supply the LICENSEE with such amount
              of laser light activators as LICENSEE may require, provided that
              the LICENSEE gives the LICENSOR sufficient and adequate notice so
              as to allow LICENSOR sufficient time to supply the requested
              amount to the LICENSEE. The LICENSEE shall pay the LICENSOR's cost
              for such laser light activators. The current LICENSOR'S cost is
              ONE HUNDRED AND FIFTY DOLLARS ($150,00) per laser light activator,
              plus shipping, taxes and duty.

<PAGE>


                                                                               4

3.03          LICENSEE shall pay LICENSOR for the pigments ordered in compliance
              with clause 3.01 and for laser light activators ordered in
              compliance with clause 3.02 within a period of forty-five (45)
              days following the date of invoice.

3.04          Should LICENSOR's cost for the laser light activators be
              increased, then the LICENSOR shall give the LICENSEE a notice of
              such need to change price. The new price shall continue to be
              based upon the actual cost to the LICENSOR, whose records for
              laser light activators costing shall be subject to inspection and
              audit by the LICENSEE or its duly authorized representatives.

3.05          LICENSOR warrants that all pigments and laser light activators
              shipped and delivered to the LICENSEE will be in accordance with
              samples previously submitted to the LICENSEE, who hereby
              acknowledges having received and inspected same. It is agreed that
              no implied warranty or warranties shall arise out of or in
              connection with any sale or sales by the LICENSEE to third
              parties, and the liability of the LICENSOR shall at all times and
              for whatever occurrence be limited to the replacement of defective
              material within a reasonable time after being notified in writing
              by the LICENSEE.


                          ARTICLE FOUR - CONSIDERATION
                          ----------------------------

4.01          In consideration of the rights granted to LICENSEE under this
              Agreement for the LL Technology, LICENSEE agrees to pay to the
              Licensor royalties in accordance with the clauses hereinafter
              following.

4.02          For each Royalty Period commencing on the Effective Date, LICENSEE
              shall pay to LICENSOR the Minimum Annual Royalty and, if justified
              by the number of units of the Products sold, the Additional
              Royalty, both shall be paid at the times and in the manner set out
              in clauses 4.03 and 5.02 hereof.

4.03          The Minimum Annual Royalty fee shall be paid by LICENSEE to
              LICENSOR on the Effective Date, and each anniversary date thereof
              during the Term, failing the timely receipt of such amount by the
              LICENSOR, this Agreement shall terminate.


                       ARTICLE FIVE - RECORD AND REPORTS
                       ---------------------------------

5.01          LICENSEE agrees to keep accurate accounts and complete records in
              sufficient detail to record the Licensee Report during each
              Royalty Period.

5.02          The LICENSEE shall deliver the Licensee Report to the LICENSOR no
              later than forty-five (45) days after the close of each Royalty
              Period and after the termination of this Agreement. The LICENSEE
              shall at the same time as providing the Licensee Report also remit
              any amount of Additional Royalty due. The receipt or acceptance by
              the LICENSOR of the Licensee Report or any

<PAGE>


                                                                               5

              royalty payments paid hereunder (or the cashing of any cheques
              paid hereunder) shall not preclude the LICENSOR from questioning
              the correctness thereof at any time and in the event that
              inconsistencies or mistakes are discovered in the Licensee Report
              or payments, they shall be rectified and appropriate payments
              shall immediately be made by the LICENSEE or credit given to the
              LICENSEE by the LICENSOR as may be appropriate.

5.03          If LICENSEE fails to deliver such a Licensee Report to the
              LICENSOR, within the said period of forty-five (45) days, the
              LICENSOR in addition to any other rights and on not less than ten
              (10) days prior notice to LICENSEE may employ an independent
              certified public accountant, qualified to practice and practicing
              in the United States, to examine the books and records of the
              LICENSEE necessary to enable him to report upon and certify the
              amount of units of the Products sold by or for the LICENSEE for
              the preceding Royalty Period, and the LICENSEE will promptly pay
              to the LICENSOR the cost thereof as Additional Royalty.

5.04          The LICENSEE agrees, upon request by the LICENSOR, to permit a
              firm of certified public accountants qualified to practice and
              practicing in the United States, who may be designated by either
              party, to have access during normal business hours at least once
              annually on ten (10) business days' notice, to audit such books
              and records as may be necessary to determine the correctness of
              any report or payment made under this Agreement. On request, with
              reasonable notice, the LICENSEE will make available at its
              offices, all relevant books of account and records.

5.05          If any audit reveals a discrepancy between the amount payable to
              the LICENSOR and the amounts actually paid to the LICENSOR and if
              that discrepancy exceeds five percent (5%) of the amounts payable
              as determined in the audit, the LICENSEE shall pay all of the
              LICENSOR's reasonable costs associated with such audit. Otherwise,
              all costs associated with any audit shall be the responsibility of
              the LICENSOR.

5.06          LICENSEE shall be entitled to receive copies of all audit reports
              prepared pursuant to this Article 5.


                       ARTICLE SIX - TERM AND TERMINATION
                       ----------------------------------

6.01          This Agreement shall commence on November 01, 2003, 2003 and shall
              continue until 7:00 o'clock in the afternoon of October 31, 2005
              (unless terminated as hereinafter provided); and shall thereafter
              automatically renew from year to year, unless and until terminated
              as provided for in clause 6.02 or clause 6.03 hereof.
<PAGE>

                                                                               6

6.02          The LICENSEE shall have the option of terminating this Agreement
              by not less than ninety (90) days' notice, in advance and in
              writing, to LICENSOR prior to October 2004, or prior to each
              November 01st thereafter as may be applicable.

6.03          Either LICENSEE or LICENSOR shall have the option of terminating
              this Agreement in the following circumstances:

              a)  If a party shall make any composition with creditors or go
                  into liquidation whether voluntary or compulsory, or analogous
                  proceedings shall be commenced, then the other party may, at
                  its sole and absolute discretion, by notice in writing,
                  forthwith terminate this Agreement, failing which notice this
                  Agreement shall continue to remain in full force and effect;

              b)  If a party shall breach any material term or condition of this
                  Agreement, and shall fail to cure or initiate the cure of such
                  material breach or to initiate reasonable steps to cure such
                  default within thirty (30) days after receipt of written
                  notice from the other party specifying the nature of the
                  material in full detail, the non-breaching party may forthwith
                  terminate this Agreement by notice in writing and shall be
                  entitled to seek such damages in accordance with Article 14 as
                  may be awarded because of such breach. If the non-breaching
                  party does not deliver such notice, then this Agreement shall
                  continue to remain in full force and effect. Notwithstanding
                  the foregoing, in the event of a dispute between LICENSEE and
                  LICENSOR as to whether a material breach has occurred or been
                  cured, LICENSOR shall continue to manufacture and supply inks
                  to LICENSOR and LICENSEE shall continue to pay for such inks,
                  pursuant to Articles 3 and 11, until and unless otherwise
                  directed by the arbitrators pursuant to Article 14 thereof.

     ARTICLE SEVEN - WARRANTIES, LIMITATIONS OF LIABILITY AND HOLD HARMLESS
     ----------------------------------------------------------------------

7.01          Each party expressly saves and holds the other party, and any
              Affiliate, harmless from any and all liability of any kind or
              nature whatsoever to customers and to other third parties which
              may arise from its negligent acts or omissions.

7.02          LICENSOR warrants that:

              a)  LICENSOR is the sole and exclusive owner of the LL Technology,
                  including without limitation any Patents associated therewith;

              b)  LICENSOR has the unqualified right to enter into this
                  Agreement and performs its terms;


<PAGE>

                                                                               7

              c)      LICENSOR has not and will not enter into any agreement
                      which is inconsistent with LICENSOR's obligations and
                      undertakings to LICENSEE under this Agreement;

              d)      Any pigment sold to LICENSEE will conform to samples
                      previously provided; and

              e)      The licenses and rights granted pursuant to this
                      Agreement, when used as intended and without unauthorized
                      modification, do not violate any right or infringe any
                      patent, copyright or other protection of intellectual
                      property belonging to any third party. LICENSOR agrees to
                      defend, indemnify, and hold harmless the LICENSEE and
                      LICENSEE's principals, directors, officers, employees,
                      and/or agents from and against any and all liabilities,
                      penalties, claims, demands, suits, and causes of action of
                      any nature whatsoever, whether groundless or otherwise,
                      and any and all damages, costs and expenses sustained or
                      incurred (including cost of defense, settlement, and
                      attorney's fees) asserted by or on behalf of any person or
                      entity arising our of any claim that any of the licenses
                      or rights granted by LICENSOR pursuant to this Agreement,
                      or the LL Technology applied pursuant to this Agreement,
                      infringe any patent, copyright or protection of
                      intellectual property generally, whether such claim is
                      valid or baseless and wherever it may arise;

7.03          Except as herein expressly stated:

              a)      There are no warranties, expressed or implied, by
                      operation of law or otherwise for any item furnished
                      hereunder;

              b)      LICENSOR disclaims any implied warranty or merchantability
                      or fitness for a particular purpose; and

              c)      in no event shall LICENSOR or its Affiliates, be liable
                      for any incidental, indirect or consequential damages in
                      connection with or arising out of this Agreement;



                         ARTICLE EIGHT - CONFIDENTIALITY
                         -------------------------------

8.01          LICENSEE shall keep secret and confidential the LL Technology
              and/or Design Rights made available to it by LICENSOR and shall
              not disclose the same other than to permitted sub-licenses, ink
              manufacturers, and those Directors and employees of LICENSEE or
              any Affiliate of LICENSEE who may be deemed to have a legitimate
              reason to be party to the LL Technology and/or Design Rights.

8.02          LICENSOR shall keep secret and confidential the terms and
              conditions of this Agreement and any information which LICENSEE
              passes to LICENSOR


<PAGE>


                                                                               8

              hereunder, and not disclose the same except to its own employees
              as necessary to carry out the purposes of this Agreement, or, with
              respect to the terms and conditions of this Agreement, as may be
              necessary to comply with applicable federal securities or other
              law.

8.03          The obligations of secrecy undertaken by both parties pursuant to
              this Article 8 shall not apply to information which:

              a)      Is already, or which subsequently becomes generally known
                      to the public through no fault of the recipient; or

              b)      The recipient can demonstrate was known to the recipient
                      prior to the date disclosed. For the purposes hereof, that
                      which the recipient can demonstrate was known will be that
                      which the recipient can establish by written evidence was
                      known to it at the date disclosed; or

              c)      Is received from a third party, provided that such third
                      party is lawfully entitled to disclose the same; or

              d)      Is disclosed in any patent or patent application which may
                      publish;


8.04          The obligations of secrecy pursuant to this Article 8 will expire
              on the tenth anniversary of the termination of this Agreement as
              hereinabove provided.

8.05          The provisions of this Article 8 contain the entire understanding
              and agreement between the parties with respect to matters dealing
              with confidentiality and cannot be amended, modified or supplanted
              in any respect except by a subsequent written agreement entered
              into by both parties. If either party is required by a court of
              law or government agency to disclose information otherwise deemed
              confidential under this Article 8, it shall give the other party
              prompt written notice of such requirement prior to such disclosure
              and assistance in obtaining and order protecting the information
              from public disclosure.



                           ARTICLE NINE - IMPROVEMENTS
                           ---------------------------

9.01          During the term of this Agreement, each party shall disclose to
              the other party any improvements to the LL Technology and/or
              Design Rights which the first party may discover or which come
              into its possession. Any such improvements shall, from the time of
              the party's knowledge, conception or development, be the property
              of LICENSOR. Upon request by LICENSOR, the LICENSEE shall execute
              and deliver to LICENSOR such instrument as LICENSOR may reasonably
              request in order to achieve such industrial or intellectual
              property status as LICENSOR shall deem appropriate to perfect the
              assignment of the rights so granted by the LICENSEE to LICENSOR;
              provided, however, that LICENSEE shall have a perpetual,
              irrevocable, non-exclusive, and royalty-free

<PAGE>


                                                                               9

              license for any such improvements which LICENSEE discovers or
              which come into its possession.



                           ARTICLE TEN - MISCELLANEOUS
                           ---------------------------
10.1          Neither the LICENSEE nor LICENSOR shall be in default under this
              Agreement nor be liable for any failure to perform or for any
              delay in performance resulting from any cause beyond its/their
              reasonable control including compliance with any regulations,
              orders or act, of any federal, provincial, state or municipal
              government, or any department or agency thereof, civil or military
              authority, acts of God, acts or omissions of the other agency
              thereof, civil or military authority, acts of God, acts or
              omissions of the other party, fires, floods or weather, strikes or
              lockouts, factory shutdowns, embargoes, wars, hostilities or
              riots, delays or shortages in transportation or inability to
              obtain labor, manufacturing facilities or material.

10.2          Each of the parties shall bear all taxes imposed on each of them
              as a result of the existence or operation of this Agreement
              including, but not restricted to, any tax on or measured by any
              payment required to be made by it hereunder, any registration tax,
              any tax imposed with respect to the granting of, or transfer of,
              licenses or other rights or payments hereunder;

10.3          This Agreement may be varied or amended only by the written
              agreement of the parties hereto through their duly authorized
              officers or representatives.

10.4          in any case where any notice or other communication is required or
              permitted to be given hereunder, such notice or communication
              shall be in writing and:

              i)      Personally delivered;

              ii)     Sent by postage prepaid registered mail, or

              iii)    Transmitted by telex or facsimile to the parties at the
                      addresses first hereinbefore listed or to such other
                      addresses as the parties may notify each other.

10.05         The relationship between the parties shall be governed by the
              terms of this Agreement, and shall not extend to other activities,
              transactions or contracts.

10.06         If any provision of this Agreement is held illegal, such provision
              shall be severed from this Agreement and shall be inoperative. The
              parties shall use their best endeavors to replace the severed
              provision with a new provision which is not illegal and which
              follows the principles of the severed provision as closely as is
              legally possible. The remainder of this Agreement shall remain
              binding on the parties hereto.

<PAGE>


                                                                              10

10.07         No waiver of breach of any of the provisions of this Agreement
              shall be construed to be a waiver of any succeeding breach of the
              same or any other provision.

10.08         This Agreement may be executed in any number of counterparts. Any
              single counterpart or set of counterparts signed, in either case,
              by the parties hereto, shall constitute a full and original
              Agreement for all purposes.

10.09         The descriptive heading of the several articles of this Agreement
              are inserted for convenience only and do not constitute a part of
              this Agreement. Capitalized terms not otherwise defined in this
              Agreement shall have the meaning set forth in the Escrow
              Agreement.

10.10         The preamble hereof shall be deemed to form part of this Agreement
              for all purposes.



                       ARTICLE ELEVEN - SUPPLY OF PIGMENTS
                       -----------------------------------

11.01         LICENSOR agrees that it will timely supply LICENSEE with pigment
              proprietary to LICENSOR in accordance with the terms and
              conditions of clause 3.01 hereof. The obligation to supply such
              pigments shall apply only for that quantity of pigment that is
              ordered by a purchase order emanating from the LICENSEE and which
              is received by LICENSOR at least twenty-one (21) days prior to the
              requested delivery date.

11.02         LICENSOR further agrees that upon request by LICENSEE it will
              provide statements justifying its most favorable selling price for
              the pigments.



                            ARTICLE TWELVE - NOTICES
                            ------------------------

12.01         All Notices, requests, consents and other communications required
              or permitted to be given and received when so delivered addressed
              as follows:

              If for the Licensor at    Laser Lock Technologies, Inc.
                                        837 Lindy Lane
                                        Bala Cynwyd, Pennsylvania, 19004

                                        Attention: Norman A. Gardner

              With a copy to:           Joel A. Pinsky, Esq.
                                        GROSS, PINSKY
                                        2 Place Alexis Nihon, Suite
                                        1000 Montreal, Qc, H3Z 3C1

<PAGE>


                                                                              11

              If for the Licensee at:   Copag U.S.A. Inc.
                                        8275 South Eastern Avenue, #200-47
                                        Las Vegas, Nevada, 89123

                                        Attention:Ricardo Albino Goncalves Filho

              With a copy to:           Copag De Amazonia S/A
                                        Rua Porta Martins,
                                        546 Brooklin Novo
                                        CEP 04570-140, Sao Paulo SP-Brazil

                                        Attention:Ricardo Albino Goncalves Filho


              With a copy to:           Nelson Slosbergas, Esq
                                        SLOSBERGAS & FERNANDEZ
                                        Courvoisier Centre
                                        501 Brickell Key Drive,
                                        Suite 400 Miami, Florida 33131

              or such other person or address as any party shall designate by
              notice in writing to the others in accordance therewith.


                        ARTICLE THIRTEEN - GOVERNING LAW
                        --------------------------------

13.01         This Agreement shall be governed by the laws of the Commonwealth
              of Pennsylvania. Any action in equity seeking to enforce or
              interpret this Agreement shall only be brought in a state of
              federal court serving Montgomery County, Pennsylvania, and both
              parties hereby consent to personal jurisdiction and venue in
              Montgomery County, Pennsylvania.


                  ARTICLE FOURTEEN - BINDING EFFECT ASSIGNMENT
                  --------------------------------------------

14.01         This Agreement may not be assigned or otherwise transferred by
              either party, in whole or in part, whether voluntarily or by
              operation of law, without the written consent of the other party
              except that the LICENSEE or the LICENSOR may assign this Agreement
              to an Affiliate without consent.


                          ARTICLE FIFTEEN - ARBITRATION
                          -----------------------------

15.01         In the event of any dispute, difference or question arising
              between the parties in connection with this Agreement, or any
              clause or the construction thereof, or the rights, duties or
              liabilities or either party, which cannot be amicably resolved by

<PAGE>


                                                                              12

             the parties then and in every such case, unless the parties concur
             in the appointment of a single arbitrator, the matter of difference
             shall be referred to three (3) arbitrators, one to be appointed by
             each party, and the third to be nominated by the two so selected by
             the parties, or if they cannot agree on a third, by the
             Philadelphia, PA office of the American Arbitration Association
             ("AAA").

15.02        In the even that either party, within thirty (30) days of any
             notification made to it of the demand for arbitration by the other
             party, shall not have appointed its arbitrator, such arbitrator
             shall be appointed by the AAA. Arbitration shall take place at the
             AAA's Philadelphia, PA office under the AAA's Commercial Rules. The
             arbitrators must base their decision on this Agreement and their
             decision shall be binding on both parties and may be enforce by any
             court of competent jurisdiction.


IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed by their respective representatives thereunto duly authorized as of
the date first hereinabove written.


LASER LOCK TECHNOLOGIES, INC.


    /s/ [graphic of signature]
Per:________________________________
    Norman A. Gardner - President

                                          COPAG U.S.A, INC,

                                              /s/ [graphic of signature]
                                          Per:________________________________
                                              Ricardo Albino Goncalves Filho
                                              Chief Executive Officer