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                                                                    EXHIBIT 10.5


                              EMPLOYMENT AGREEMENT


        Employment Agreement this 22nd day of March 1999 by and between parties
hereto e-Net Corporation (Employer) and Jean Oliver (Employee).


Employer employs the Employee and the Employee accepts employment upon the
term's conditions and covenants as follows:


1.      The term of the employment shall be for one year commencing from April
        5th, 1999 and renewable annually automatically unless terminated by
        either party by written 30 day notice to the other.

2.      Employee shall receive for all services a salary of $1,375.00 per week
        payable biweekly within three days after the end of each pay period.
        Salary payments shall be subject to withholding and other applicable
        deductions.

3.      The duties of the Employee shall be to serve as the Comptroller for the
        Employer and for the subsidiaries and affiliates of the Employers
        business.

4.      Employee shall have an office, facilities and services that are suitable
        to the position and appropriate for the performance of the Employee's
        duties.

5.      Employer shall reimburse Employee for all reasonable expenses incurred
        in the performance of Employee's business, e.g. entertainment, travel,
        etc. Employee will be reimbursed upon submission of an itemized account
        of such expenditures with receipts where practicable.

6.      Employee shall be entitled to two weeks of paid vacation each year.

7.      If employee is unable to perform Employee's duties by reason of illness
        or incapacity for a consecutive period of more than two weeks, the
        compensation payable after the aforesaid period shall be $500.00 per
        week for the following 12 weeks. Upon return to full employment full
        compensation shall be reinstated.

8.      Notwithstanding any provision in this Employment Agreement to the
        contrary, if Employee's unable to perform or is absent from employment
        for a period of more than three months. Employer may terminate this
        Employment Agreement, without further cause and all obligations of
        Employer hereunder shall terminate.


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9.      The Employment Agreement may be terminated at anytime and without cause
        by either party upon thirty days written notice to the other. If
        Employer elects to terminate, Employer shall pay to the Employee on the
        last day of employment severance pay of $5,000.00 subject to withholding
        and deductions. If Employee elects to terminate Employee shall receive
        salary up to the last day of employment but no severance pay.

10.     In the event Employee dies during the term of employment, Employer shall
        pay to employee's estate the salary that would otherwise be payable to
        the end of the month in which the Employee died and as a death benefit
        the sum equal to $10,000.00. Employee agrees to be covered by insurance
        procured by Employer at Employer's expense for this purpose.

11.     Any controversy or claim arising out of or relating to this Employment
        Agreement or the breach thereof shall be settled by arbitration in the
        City of Irvine, State of California, in accordance with the then
        governing rules of the American Arbitration Association. Judgement upon
        the award rendered by the arbitrator(s) may be entered in any court of
        competent jurisdiction.

12.     Any notice required to be given shall be either: (i) personally
        delivered, or (ii) sent by U S Postal Service, postage prepaid,
        Certified Mail, Return Receipt Requested to the Employer at the place of
        employment and the Employee at the residence address given to and on
        file with the Employer.

13.     A waiver of a breach of any provision of this Employment Agreement shall
        not operate or be construed as a waiver of any subsequent breach.

14.     The services of Employee are personal and unique and therefore Employee
        may not assign this Employment Agreement nor delegate the duties and
        obligations hereunder except in the normal course of business.

15.     This Employment Agreement contains the entire understanding of the
        parties, except as may be set forth in writing signed by the party
        against whom enforcement may be sought simultaneously with or subsequent
        to the execution of this Employment Agreement.


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INTENDING TO BE LEGALLY BOUND, the parties have executed this Employment
Agreement as of the date first above written.



Employer:

e-Net Corporation



BY: /s/ MICHAEL P. ROTH
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MICHAEL P. ROTH



Employee:




/s/ JEAN OLIVER
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JEAN OLIVER
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        This is an addendum to the contact between e-Net Financial Corporation
and Jean Oliver dated March 22,1999. The following paragraphs are to be read as
being consistent with the terms of that employment agreement.

Stock Purchase Option:

        Effective August 1, 1999 as further compensation you will be entitled to
        the following stock options:

1.      Stock purchase option

        The corporation hereby grants the employee the option, or five years to
        purchase Fifty Thousand(50,000)shares of stock at one dollar per share.
        The rights granted under this option vest after one year following the
        effective date of this contract and are subject to the terms and
        conditions of the Stock Purchase Option Agreement; or


2.      Deferred Stock Option
        Each quarter any salary payment which has been deferred by the employee
(not to exceed 1/3 of the total quarterly salary) may at the election of the
employee be converted to an option to purchase stock at one dollar per share,
exercisable by giving seven days written notice following the close of the
quarter subject to the terms and conditions of the Stock Purchase Agreement.

        Rights granted hereby are assignable and may be hypothecated.

I have read and understood the statements contained in this document.



BY: /s/ MICHAEL P. ROTH
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MICHAEL P. ROTH



BY: /s/ JEAN OLIVER
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JEAN OLIVER