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                                                                   EXHIBIT 10.11

                             MANAGEMENT AGREEMENT
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     THIS MANAGEMENT AGREEMENT (the "Agreement") made on September 13, 2000, and
effective as of the "Effective Date" (as defined below), is by and between
Penner & Welsch, Inc., a Louisiana corporation (the "Company"), and Discount Rx,
Inc., a Louisiana corporation (the "Manager").

                                  BACKGROUND:
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     A.   The Company operates a business which includes the purchase and resale
of generic and brand name pharmaceuticals (the "Business").

     B.   The Company and Manager have entered into a Letter of Intent of even
date herewith (the "Letter of Intent"), a copy of which is attached hereto as
Exhibit A, pursuant to which Manager may purchase substantially all of the
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assets of the Company.

     C.   The Company desires to engage Manager to manage the Business and
Manager desires to accept such engagement, in each case on the terms and
conditions hereinafter set forth.

          NOW, THEREFORE, the Company and Manager, in consideration of the
covenants and agreements contained herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, and
intending to be legally bound hereby, agree as follows:

     1.   Appointment.
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          (a)  The Company hereby appoints Manager and Manager hereby accepts
such appointment, in each case on the terms and conditions hereinafter provided,
as the exclusive manager of the Business.

          (b)  The performance of all activities by the Manager hereunder shall
be for the account of the Company.

          (c)  The relationship of the Company and Manager shall be that of
principal and agent, and nothing contained in this Agreement shall be construed
to create a partnership or joint venture between them or their successors in
interest.

          (d)  Notwithstanding anything else herein to the contrary, the Company
shall have full responsibility and commensurate authority to act as debtor and
debtor-in-possession in bankruptcy. Manager shall cooperate and coordinate with
the Company to enable the Company to carry out its responsibilities in
bankruptcy.

     2.   Term; Termination.
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          (a)  The term (the "Term") of this Agreement shall commence as of the
date this Agreement is approved by a Bankruptcy Court having jurisdiction over
the Company (the "Effective Date") and shall continue until the earlier of the
Closing under the Letter of Intent or the termination of the Letter of Intent
pursuant to its terms, unless this Agreement is otherwise terminated in
accordance with the terms and conditions hereof.

          (b)  This Agreement may be terminated as follows: (i) by the Company
at any time if Manager shall have materially breached, or shall be in material
default of, any of its agreements, obligations or other undertakings hereunder,
and such breach or default shall have continued, in the reasonable determination
of the Company, for more than twenty (20) calendar days following written notice
thereof from the Company to Manager; (ii) by either party upon not less than ten
(10) days prior written notice from the other party; (iii) immediately upon the
termination or expiration of the Letter of Intent or upon the termination of the
DIP financing to be provided by Manager to the Company or (iv) by the Company if
Manager fails to close on the sale contemplated by the Letter of Intent by April
30, 2001.

          (c)  If the Company terminates this Agreement for any reason other
than pursuant to Section 2(b)(i) or 2(b)(iv) of this Agreement, the Company
shall pay the Manager a fee equal to five percent (5%) of the product of two (2)
times the Company's average monthly gross revenues during the six months
preceding August 31, 2000.

          (d)  Upon any termination of Manager's position during the Term hereof
or otherwise, Manager shall do the following:

               (i)   Immediately pay over to the Company all monies collected
and held by Manager for the account of the Company pursuant to the terms and
conditions of this Agreement;

               (ii)  Deliver to the Company a full accounting with respect to
the Business in accordance with Section 4 hereof, covering the period following
the date of the last accounting furnished to the Company; and

               (iii) Deliver to the Company all books, records, agreements,
papers and other property and documents of the Company with respect to the
Business then in the custody of Manager.

     3.   Duties of Manager. Manager shall be authorized to perform all
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business, administrative and management services and to take all actions
necessary for the management and operation of the Business. Manager shall
perform its duties and responsibilities hereunder in a commercially reasonable
manner consistent with industry standards and will not enter into any
transaction not in the ordinary course of business without first obtaining
approval of the Bankruptcy Court. Without limiting the foregoing, Manager shall
be authorized to:

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          (a)  Institute, with the Company's prior written consent, legal
actions in the name and at the expense of the Company.

          (b)  With the Company's prior written consent, hire and fire all
personnel necessary to adequately staff the Business, paying, on behalf of the
Company, all wages, salaries and withholding taxes required under Federal, State
and local laws, rules and regulations with respect to such personnel. All
employees hired shall be "at will" employees of the Company.

          (c)  Maintain in full force and effect and pay the premiums for fire
and extended coverage, liability, business interruption and other insurance with
respect to the Business, in such amounts, with such deductibles and with such
companies as Manager shall reasonably determine.

          (d)  Comply with all terms, covenants and obligations of the Company
as tenant or lessee under any Lease applicable to the Business or the personal
property used in the operation of the Business, including, but not limited to,
making all lease or rental payments in a timely manner.

          (e)  Make contracts and pay all proper charges (after carefully
checking all bills to determine that the charges are proper) for utilities,
supplies, inventory and services used in the operation of the Business,
including, but not limited to, entering into contracts for and paying all proper
charges for heating, air conditioning and ventilating service, gas and
electricity service, water service and sewage treatment, fuel, telephone,
extermination, rubbish removal, sprinkler system service and maintenance, window
cleaning, and security, as well as purchasing, on behalf of the Company, all
equipment, tools, appliances, inventory, materials and supplies that are
necessary or desirable to properly manage, operate and maintain the Business,
provided, however, that without the prior written consent of the Company, the
Manager shall not enter into contracts with an initial term of more than six (6)
months if such contracts cannot be terminated by the Company without penalty.

          (f)  Prepare or cause to be prepared and filed for the Company with
regard to its employees on or after the Effective Date, the following: (i) all
Federal, state and local payroll and wage tax returns; and (ii) all reports and
documents under the U.S. Social Security Act.

          (g)  Collect all sales and rental revenues, receipts and collections
from the Business and deposit the same into a segregated account maintained by
Manager for the benefit of the Company (the "Management Account"), all of which
accounts shall be Debtor-in-Possession accounts with Hibernia National Bank that
comply with applicable bankruptcy law and U.S. Trustee requirements, paying
therefrom all costs and expenses incurred by Manager in the performance of its
duties under this Agreement, including those costs and expenses pursuant to this
Section 3 and the Manager's Fee pursuant to Section 7 below.
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          (h)  Generally, and except as expressly prohibited herein or by
specific notice from the Company, do all things in connection with any of the
foregoing, necessary to manage

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and administer the day-to-day operations of the Business and to execute all
documents on behalf of the Company in connection therewith, and sign or accept
all checks, notes and drafts on the Company's behalf.

          The actual costs to satisfy all of Manager's duties as provided herein
shall be borne by the Company from the proceeds of the operations of the
Business and paid by Manager from the Management Account, as set forth in
Section 7.
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     4.   Books and Records; Accounting; Operating Budgets.
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          (a)  During the Term hereof, Manager shall establish and maintain, in
accordance with good accounting practices on a consistent basis, adequate books
and records in which shall be recorded all of the receipts and disbursements
arising from the operation of the Business, such books and records shall in all
instances be maintained by Manager for no less than one (1) year; provided,
however, that upon the termination of this Agreement or the closing of the
acquisition agreement contemplated by the Manager and the Company, the Manager
may deliver all such documents to the Company and upon delivery the Manager
shall have no further obligations pursuant to this Paragraph 4(a).

          (b)  During the entire term hereof, Manager shall supply and furnish
the Company detailed monthly statements of receipts and disbursements for the
Business on or before the twentieth (20/th/) day of the calendar month following
the end of the month to which such statement relates. Such statements shall
constitute monthly reports for the Company to use if appropriate for bankruptcy
purposes and shall show or contain, in reasonable detail, the following: (i) a
list of each disbursement made on behalf of the Company (including disbursements
to Manager for compensation or reimbursement of expenses); (ii) the balance of
the Management Account; and (iii) all other financial information reasonably
requested from time to time by the Company.

     5.   Banking. All monies collected by Manager hereunder (except payments to
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Manager pursuant to Section 7 hereof) shall be deposited forthwith by Manager
upon receipt into the Management Account which shall be maintained at an
institution that is an approved as a depository for debtors in possession by the
office of the United States Trustee for New Orleans, Louisiana. The Management
Account shall be maintained by Manager, and no withdrawals shall be made
therefrom by Manager except pursuant to and for the purpose of carrying out this
Agreement. If the funds in the Management Account together with sales/rental
income from the Business are not sufficient for the payment by Manager of the
proper costs and charges to be paid by it hereunder as and when due, in the
reasonable determination of Manager, and for the payment of its compensation as
provided for herein, Manager may, at its sole option, deposit in the Management
Account sufficient funds and/or deliver product, at Manager's discretion, to pay
the proper costs and charges to be paid by Manager under this Agreement. The
Company shall as soon as is practicable move in the Bankruptcy Court for an
order approving debtor-in-possession financing ("DIP Financing") pursuant to
Section 364 of the United States Bankruptcy Code with respect to Manager's
advancement of funds pursuant to this Section 5, up to the maximum

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amount outstanding at any one time of $2,500,000 consistent with this Section 5.
Manager shall be a secured creditor with respect to all funds advanced pursuant
to this Section 5. Alternatively, in the event the Letter of Intent is approved
by the Bankruptcy Court and there is a closing with respect thereto, then
Manager shall have the right to offset from the Purchase Price (as defined in
the Letter of Intent) these advanced monies.

     6.   Purchases; Rebates; Contracts. Manager shall be permitted to supply
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the Company with inventory. However, all purchases of supplies and inventory and
contracts for labor and materials shall be made at competitive prices. Without
limiting of the foregoing, no item used in the operation of the Business shall
be charged to the Company at a price which is more than 1.05 times Manager's
cost. All discounts, rebates and other payments and gifts (except payments to
Manager pursuant to Section 7 hereof) received by Manager, or by any of
Manager's officers, employees or agents, in connection with the operation of the
Business shall belong to and be treated as the property of the Company.

     7.   Compensation; Expenses.
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          (a)  During the Term hereof, Manager shall receive a monthly
management fee (the "Management Fee") as compensation for services rendered
under this Agreement in an amount, determined on a monthly basis, equal to three
percent (3%) of the gross revenues of the Business for the respective calendar
month. The Management Fee shall be computed monthly and paid to Manager out of
the Management Account within ten (10) days of the end of each month. In
addition, for each month during the term of this Agreement in which the
Company's EBITDA exceeds $___________, the Manager shall receive an additional
1% of total gross revenues for such month, computed on a monthly basis.

          (b)  All actual and reasonable costs and expenses of the ownership and
operation of the Business, inclusive of all costs and expenses as may be
incurred by Manager pursuant to this Agreement, shall be the sole and exclusive
responsibility of the Company and shall be paid out of the Management Account.
Manager shall not be required to make any advance or payment to or for the
account of the Company except out of the funds available in the Management
Account, and the Manager shall not be obligated to incur any liability or
obligation for the Company's account without assurance that necessary funds for
the discharge thereof will be provided by the Company. Manager shall not be
entitled to reimbursement from the Company for the those costs and expenses
specifically related to Manager's own general office overhead and staff not
located at the offices of, or employed by, the Company; provided that Manager
shall be entitled to reimbursement for reasonable travel and lodgings related to
its duties hereunder.

     8.   Decisions by the Company. Manager shall be permitted to rely upon the
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authority of any party authorized to act on behalf of the Company, including,
without limitation Gregory Michael Johns. The Company shall not, without the
prior written consent of Manager, have any right or authority to enter into any
contracts or other agreements with third parties relating to the Company, its
operation or otherwise binding upon the Manager.

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     9.   Insurance. The Company shall, at its own expense, at all times procure
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and maintain adequate public liability, indemnity and property insurance and
shall procure an appropriate clause in, or endorsement on, each of its policies,
whereby the insurer waives subrogation or consents to a waiver of the right of
recovery against Manager, and the Company hereby agrees that it will not make
any claim against or seek to recover from Manager for any loss or damage to
property of the type covered by such insurance, except losses or damages
attributable to Manager's intentional negligence or intentional misconduct.

     10.  Indemnification.
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          (a)  The Company acknowledges that all contracts, acts and
undertakings of Manager, if authorized hereby and made specifically in
connection with the operation of the Business and pursuant to this Agreement,
are made on behalf of and as agent for the Company.

          (b)  The Company hereby agrees to indemnify, defend and save harmless
Manager from and against any and all costs, expenses, liabilities or claims,
including, but not limited to, attorneys' fees and court costs, arising out of
or in any way connected with Manager's performance of its duties and obligations
hereunder, provided that the Company's indemnity and hold harmless obligation
shall not extend to matters arising out of or in any way connected with the
intentional misconduct or fraud of Manager.

          (c)  The obligations of Manager and the Company under this Section 11
shall survive termination of this Agreement.

          1.1 Notices. Any notice, request, consent or communication
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(collectively a "Notice") under this Agreement shall be effective only if it is
in writing and (i) personally delivered, (ii) sent by certified or registered
mail, return receipt requested, postage prepaid, (iii) sent by a nationally
recognized overnight delivery service, with delivery confirmed, or (iv) telexed
or telecopied, with receipt confirmed, addressed as follows:

               (a) If to the Company:

                         Gregory Michael Johns, President
                         PENNER & WELSCH, Inc.
                         10016 River Road
                         St. Rose, LA 70087
                         Telephone:  504-471-0745
                         Telecopier:  504-471-0001

         with a copy to:

                         Douglas S. Draper
                         Heller, Draper, Hayden, Patrick & Horn, LLC
                         2500 Poydras Center
                         650 Poydras Street

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                         New Orleans, LA 70130
                         Telephone:  504-568-1888
                         Telecopier   504-522-0949

               (b) If to Manager, to:

                         William L. LaGamba, Chief Executive Officer
                         Discount Rx, Inc.
                         12505 Starkey Road, Suite A
                         St. Petersburg, Florida
                         Telephone:  727-533-0431
                         Telecopier:  727-531-1280

         with a copy to:

                         Julio C. Esquivel, Esq.
                         Shumaker Loop & Kendrick
                         101 East Kennedy Boulevard, Suite 2800
                         Tampa, Florida  33672
                         Telephone:  813-229-7600
                         Telecopier:  813-229-1660

     or such other persons or addresses as shall be furnished in writing by any
party to the other party. A Notice shall be deemed to have been given as of the
date when (i) personally delivered, (ii) five (5) days after the date when
deposited with the United States mail properly addressed, (iii) when receipt of
a Notice sent by an overnight delivery service is confirmed by such overnight
delivery service, or (iv) when receipt of the telex or telecopy is confirmed, as
the case may be, unless the sending party has actual knowledge that a Notice was
not received by the intended recipient.

     11.  Partial Invalidity. The invalidity or unenforceability of a portion of
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this Agreement shall not affect the validity or enforceability of the remainder
hereof.

     12.  Titles and Captions. All Section titles or captions contained in this
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Agreement are for convenience only and are not deemed part of the context
hereof.

     13.  Pronouns and Plurals. All pronouns and any variations thereof are
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deemed to refer to the masculine, feminine, neuter, singular or plural as the
identity of the person or persons may require.

     14.  Amendments. This Agreement may be amended only by a written document
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signed by Manager and the Company.

     15.  Assignment. Manager shall not assign its interest in this Agreement
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other than to an affiliate of Manager without the prior written consent of the
Company, which consent shall

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not be unreasonably withheld.

     16.  Governing Law; Parties at Interest. This Agreement shall be governed
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by and be construed and enforced in accordance with the laws of the State of
Florida,, and shall bind and inure to the benefit of the parties hereto and
their respective successors and assigns.

     17.  Conditions Precedent and Subsequent. This Agreement shall not be
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effective unless and until the Bankruptcy Court has entered an order approving
it.

     18.  Entire Agreement. This Agreement contains the entire understanding
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between the parties hereto and supersedes any prior understandings and
agreements between them respecting the subject matter hereof.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
this 14th day of September, 2000.

                                        MANAGER:

                                        Discount Rx, Inc.


                                        By:________________________________

                                             Jugal Taneja, Chairman of the Board

                                        COMPANY:

                                        Penner & Welsch, Inc.


                                        By:________________________________

                                             Gregory M. Johns, President

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