EXHIBIT 10.75

             FINANCIAL CONSULTING AND INVESTMENT BANKING AGREEMENT

         THIS AGREEMENT is made this 29 day of December, 1998 by and between
DYNAGEN, INC., a corporation having its principal office in Cambridge, MA (the
"Company"), and SCHNEIDER SECURITIES, INC., a Colorado corporation having an
office at 1120 Lincoln Street, Suite 900, Denver, Colorado 80203 ("SSI").

         In consideration of the mutual premises contained herein and on the
terms and conditions hereinafter set forth, the Company and SSI agree as
follows:

1.       PROVISION OF SERVICES.  The Company hereby retains SSI to perform non
exclusive consulting services related to corporate finance and investment
banking matters, and SSI hereby accepts such retention and shall undertake
reasonable efforts to perform for the Company the duties described herein. In
this regard, SSI shall devote such time and attention to the business of the
Company as shall be determined by SSI, in its sole discretion.

         (a) SSI agrees, to the extent reasonably required in the conduct of the
business of the Company, and at the Company's written request to SSI's Senior
Vice President of Corporate Finance (or such other person designated by SSI), to
place at the disposal of the Company its judgment and experience and to provide
business development services to the Company including the following:

                  (i) advice with  regard to  stockholder  relations  and public
relations matters, and

                  (ii) evaluation of financial matters and assistance in
financial arrangements and/or transactions.

         (b) SSI agrees to prepare and disseminate, or cause the preparation and
dissemination of, a "Corporate Profile" and/or "Research" report in compliance
with applicable state and federal securities laws, within ninety (90) days of
the date hereof. SSI shall use reasonable efforts to keep tile Corporate Profile
current for one year.

         (c) At SSI's request, the Company will provide "due diligence"
presentations to Registered Representatives of SSI and other brokerage firms.
SSI agrees to use reasonable efforts to arrange such meetings.

         (d) Notwithstanding the foregoing, SSI shall provide services to the
Company in connection with mergers, acquisitions, consolidations, joint ventures
and similar corporate finance transactions; however, for each such transaction
or transactions, SSI and the Company will formalize their arrangement in a
separate agreement at the time service is provided.

         (e) SSI shall use reasonable efforts in furnishing advice
recommendations, and for this purpose SSI shall at all times maintain or keep
and make available qualified personnel or a network of qualified outside
professionals for the performance of its obligations under this Agreement. To
the extent reasonably practicable, SSI shall so use its own personnel rather
than outside professionals.


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         (f) SSI will designate at least one person to act as an advisor to the
Company's Board of Directors. The Company shall invite SSI to attend and
participate in at least one meetings of its Board of Directors for every year
that this Agreement is in effect. The Company shall provide notice of such
meetings to SSI at least two (2) weeks prior to the date that the meeting is
scheduled to occur. SSI will use its reasonable efforts to attend any other
meetings of the Company"s Board of Directors to which the Company requests SSI's
attendance. Any expenses incurred by SSI in attending such meetings shall be
paid for by the Company.

2. TERM. SSI's retention hereunder shall be for a term of one (1) year
commencing on the date of this Agreement. Except as provided for in paragraph 8
below, this Agreement may be terminated by either party upon sixty (60) days
prior written notice.

3. COMPENSATION. In consideration for the services provided by SSI hereunder,
the Company shall issue to SSI a warrant (the "Warrant") to purchase 1,200,000
shares of the common stock of the Company (the "Underlying Common Stock") at a
per share price of $0.375(the "Strike Price"). The Warrant shall be issued to
SSI in the form of a warrant agreement (the "Warrant Agreement") which shall be
in form and content satisfactory to SSI. The Warrant Agreement shall provide
for, among other provisions, the following:

         (a) The Warrant shall not be exercisable by SSI until ninety (90) days
following the date of this Agreement (the "Strike Date"). The Warrant shall
expire five (5) years from the date that the Warrant Agreement is issued,

         (b)      Anti
dilution provisions for stock dividends, splits, mergers, sale of substantially
all of the Company's assets, sale of stock at below the then current exercise
price of the Warrant~ except for sale of stock pursuant to the Company's Stock
Option Plan(s).

         (c) In lieu of any cash payment required by SSI in connection with the
exercise of the Warrant, the holder(s) of the Warrant shall have the right at
any time and from time to time, to exercise the Warrant in full or in part by
surrendering the Warrant Agreement and/or Certificates as payment of the
aggregated Strike Price. The number of shares of Underlying Common Stock to be
issued upon exercise shall be determined by multiplying the number of the shares
of common stock within the Warrant to be exercised by an amount equal to the
market price per share less the Strike Price, and then dividing the product
thereof by the market price per share. Solely for the purposes of this
paragraph, market price shall be calculated as the average of the market prices
for each of the five (5) trading days preceding the date notice is given that
the holder(s) intend(s) to exercise the Warrant.

         (d) The Company will reserve and at all times have available a
sufficient number of shares of its common stock to be issued upon the exercise
of the Warrant. Furthermore, the Company shall instruct its transfer agent to
accept a Rule 144 opinion letter from any attorney (not just an opinion from the
Company's counsel) representing SSI or any of its employees or agents that are
holders of the Warrant.

         (e) The Company shall, subject to the conditions listed below, grant
"piggy back" registration rights to include the shares of the Underlying Common
Stock in any registration statement filed by the Company under the Securities
Act of 1933 relating to an underwriting of the sale of shares of common stock or
other security of the Company. In the event that the Company grants registration
rights to any other stockholder on terms and conditions that SSI deems to be
more favorable than those granted hereunder, the Company shall grant the same
rights to SSI. Furthermore, in the event that the Company grants registration
rights to any other stockholder, the Company shall issue written notice thereof
to SSI at least 10 business days prior to the date that the Company files any
such registration statement.


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4. EXPENSES. The Company agrees to reimburse SSI for reasonable expenses
incurred by SSI in connection with the services rendered by SSI hereunder,
including but not limited to SSI's due diligence activities with respect to the
Company. Any such expenses exceeding $1,000 shall require the prior approval of
the Company.

5. INDEMNIFICATION. The Company agree to indemnify and hold harmless SSI and its
affiliates, the respective directors, officers, partners, agents and employees
and each other person, if any, controlling SSI or any of its affiliates
(collectively the "SSI Parties") from all losses, claims, damages, liabilities
and expenses incurred by them (including attorney's fees and disbursements) that
result from any violations of securities laws or rules or any untrue Statements
made or any statements omitted to be made in connection with securities related
matters by the Company, its agents or employees. SSI will indemnify and hold
harmless the Company and the r 0 directors, officers, agents and employees of
the Company (the "Company Parties") from and against all losses, claims,
damages, liabilities and expenses that result from malfeasance, or gross
negligence in the performance of SSI's duties hereunder. Each person or entity
seeking indemnification hereunder shall promptly notify the Company, or SSI as
applicable, of any loss, claim, damage or expense for which the Company or SSI
as applicable, may become liable pursuant to this Section 5. Neither party shall
pay, settle or acknowledge liability under any such claim without the written
consent of the party liable for indemnification, and shall permit the Company or
SSI as applicable a reasonable opportunity to cure any underlying problem or to
mitigate damages. The scope of this indemnification between SSI and the Company
shall be limited to, and pertain only to certain transactions contemplated or
entered into pursuant only to this Agreement.

The Company or SSI, as applicable, shall have the opportunity to defend any
claim for which it may be liable hereunder, provided it notifies the party
claiming the right to indemnification within fifteen (15) days of notice of the
claim.

6. STATUS OF SSI. SSI shall at all times bean independent contractor of the
Company and, except as expressly provided or authorized in this Agreement, shall
have no authority to act for or represent the Company.

7. OTHER ACTIVITIES OF SSI. The Company recognizes that SSI now renders and may
continue to render financial consulting, management, investment banking and
other services to other companies that may or may not conduct business and
activities similar to those of the Company. SSI shall be free to render such
advice and other services and the Company hereby consents thereto. SSI shall not
be required to devote its full time and attention to the performance of its
duties under this Agreement, but shall devote only so much of its time and
attention as it deems reasonable or necessary for such purposes, in its sole
discretion,

8. OTHER COVENANTS OF THE COMPANY. The Company covenants, promises and agrees
that:

         (a) for a period of at least five years from the date of this Agreement
the Company shall provide SSI at least thirty (30) days prior written notice of
the proposed sale of any securities of the Company in a "Regulation S" or
"Regulation D" offering. Such notice shall specify the type of securities to be
offered, the purchase price thereof, the terms and conditions of the offering
and the proposed offering date. SSI shall be entitled to immediately terminate
this Agreement and retain all of the compensation set forth herein without
offset and with no further liability to the Company, in the event that during
the term of this Agreement, the Company completes a sale of its securities
pursuant to a Regulation D or S offering without SSI's prior written consent
thereto.

         (b) the Company hereby covenants and agrees that it shall immediately
notify SSI in the event that its net tangible assets falls below $2,500,000.

         (c) following the execution of this Agreement, the Company shall
immediately commence all possible efforts to obtain listing on a national
securities exchange or become re listed on the NASDAQ small cap market.

         (d) during the term of this Agreement, the Company shall furnish SSI
with copies of its annual, quarterly and proxy filings with the SEC, immediately
upon the Company's completion thereof.


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9. CONTROL. Nothing contained herein shall be deemed to require the Company to
take any action contrary to its Certificate of Incorporation or By Laws, or any
applicable statute or regulation, or to deprive its Board of Directors of their
responsibility for any control of the
affairs of the Company.

10. PUBLIC DISCLOSURE REQUIREMENT. Within ten (10) business days of the final
execution of this Agreement the Company shall cause the release of a public,
announcement which sets forth, in pertinent part, a description of this
Agreement, including without limitation, the name of SSI, the nature of the
services to be provided hereunder by SSI and the compensation paid to it in
connection herewith. Additionally, for so long as this Agreement is in effect,
the Company shall include a description of this Agreement in its quarterly
and/or annual filings with the Securities and Exchange Commission. At least
three (3) business days prior to the dissemination of any such public
announcement or filing containing the above required description, the Company
shall submit to SSI, for its review and comment, the proposed public
announcement or description. SSI shall thereafter have three (3) business days
within which to submit its editions or amendments to the public announcement
and/or description for inclusion therein, which editions and amendments shall be
incorporated in the final version disseminated by the Company, unless, in the
reasonable judgment of counsel to the Company, such editions or amendments
cannot be incorporated.

11. NOTICES. Any notices hereunder shall be sent to the Company and SSI at their
respective addresses above set forth. Any notice shall be given by registered or
certified mail, postage prepaid, and shall be deemed to have been given when
deposited in the United States mail. Either party may designate any other
address to which notice shall be given, by giving written notice to the other of
such change of address in the manner herein provided.

12. ENTIRE AGREEMENT. This Agreement contains the entire agreement and
understanding between the parties with respect to its subject matter and
supersedes all prior discussion, agreements and understandings between them with
respect thereto. This Agreement may not be modified except in a writing signed
by the parties.

13. JURISDICTION AND VENUE. This Agreement has been made in the State of
Colorado and shall be governed by and construed in accordance with the laws
thereof without regard to principles of conflict of laws. Any proceeding
commenced by either party to enforce or interpret any provision of this
Agreement shall be brought in the City and County of Denver, Colorado. The
Company hereby submits to the jurisdiction of the courts of the State of
Colorado, including the federal courts, for such purposes.

14. NO ASSIGNMENT. Neither this Agreement nor the rights of either party
hereunder shall be assigned by either party without the prior written consent of
the other party.

15. COUNTERPARTS. This Agreement may be executed in one or more counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

16. NON COMPLIANCE.  If any provision of this Agreement  conflicts with any law,
rule or  regulation  of any  federal,  state  or self  regulatory  organization,
including  the  Securities  and  Exchange  Commission,  the blue sky laws of any
state,  the National  Association  of  Securities  Dealers,  Inc.,  or any other
governmental  authority  having  jurisdiction  over the  activities  or services
described  herein,  then in that  event,  the  Company  and SSI shall amend this
Agreement to bring any affected provision into compliance with such regulations.


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         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed the day and year first above written,

Schneider Securities, Inc.                  DynaGen, Inc.

                                            /s/ Dhanajay G. Wadekar
--------------------------                  --------------------------
By:                                         By: Dhanajay G. Wadekar
Its:                                        Its: Executive Vice President