Document:

EXHIBIT 10.1

[TransNexus Logo]

                               TRANSNEXUS/POPSTAR
                                  CLEARINGHOUSE
                                SERVICE AGREEMENT

TransNexus(R)
430 Tenth Street NW
Suite N204
Atlanta, GA 30318
USA
+1.404.872.4887
+1.404 872 9515 Fax
info@transnexus.com
http://www.transnexus.com

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                         4/11/00 - Document #2000/1-001

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TransNexus / POPstar Clearinghouse Service Agreement - Terms and Conditions

                            (Contract No. TNCA 00031)

This Agreement is made and entered into this 20th day of September, 2000, by and
between:

TransNexus, Inc.

With Registered address at:
430 10th Street NW, Suite N204
Atlanta, GA 30318
United States

(Hereafter referred to as "TransNexus".)

AND

POPstar Global Communications Inc.

With Registered address at:
KPMG Centre, Tropic Isle Building
P.O. Box 3443, Road Town
Tortola, British Virgin Islands

(Hereafter referred to as "POPstar".)

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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TransNexus/ POPstar Clearinghouse Service Agreement

This Master Clearinghouse  Service Agreement (the "Agreement") is made this 20th
day of September,  2000 by and between,  POPstar Global  Communications  Inc., a
business entity organized as an international business company under the laws of
the British Virgin Islands, ("POPstar"), and TransNexus, Inc., a business entity
organized  as a  corporation  under the laws of the State of  Delaware,  U.S.A.,
("TransNexus").

Recitals

POPstar  intends  to  establish  an  Internet  Protocol  ("IP")   communications
clearinghouse  service to enable IP  communication  service  providers acting as
"Originators" to transmit IP  communications  to other IP communication  service
providers  acting as a "Terminator."  POPstar has selected  TransNexus,  Inc. to
operate the  Clearinghouse  services on its behalf as the POPstar  Clearinghouse
Service's  independent,  and third  party  settlement  agency.  TransNexus  will
provide  the  services  set forth in Section 1 (the  "Services")  to the POPstar
Clearinghouse  Service.  The  clearinghouse  described in this Agreement will be
known as the POPstar Clearinghouse Service (the "Clearinghouse").

In exchange for providing the Services,  TransNexus  will receive  service fees.
TransNexus  will also be reimbursed  for all expenses  incurred on behalf of the
Clearinghouse,   including  banking  fees,  device  enrollment  fees  and  other
expenses, as set forth in the Agreement. In exchange for providing clearinghouse
services,  POPstar will receive service fees, including price arbitrage,  and or
other such fees as defined by POPstar, as set forth in this agreement.

A glossary of certain terms used in this Agreement is set forth in Attachment 1.
Attachment 1 and the other attachments (and any amendments thereto) are integral
parts of this Agreement and are incorporated herein by reference.

NOW,  THEREFORE,  IN  CONSIDERATION  OF THE MUTUAL  AGREEMENTS  CONTAINED HEREIN
POPSTAR AND TRANSNEXUS AGREE AS FOLLOWS:

1    Services

1.1  TransNexus  will  operate  the  Clearinghouse  Service  for  POPstar  on an
     outsourced basis. TransNexus will enroll the Clearinghouse Customers in the
     POPstar  Clearinghouse  Service after the customers  have complied with the
     terms and conditions and executed the POPstar Partner  Services  Agreement.
     Prior  to  exchanging  commercial  traffic  via the  POPstar  Clearinghouse
     Service,  each  Clearinghouse  Customer must certify they have successfully
     completed a Clearinghouse Service audit test required by TransNexus.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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1.2  TransNexus  will  maintain a  Clearinghouse  Service  Provider  account for
     POPstar.  This  account  will monitor the sum of service fees earned by the
     POPstar  Clearinghouse  and any  transfers  of cash from or to the  POPstar
     Clearinghouse Account.

1.3  TransNexus  will  maintain  an account for each  Clearinghouse  Customer of
     POPstar  Clearinghouse  Service  that  will  monitor  the  activity  of the
     customer in the Clearinghouse  for the purpose of collecting  payments from
     the customer and making settlement  payments to the customer.  This account
     is  known  as  the  "Clearinghouse  Customer  Account."  The  Clearinghouse
     Customer Account is more fully described in Section 5.

1.4  TransNexus  will maintain the POPstar  Clearinghouse  in such a way that an
     Originator  customer  in  the  POPstar  Clearinghouse  Service  seeking  to
     exchange  traffic  will be able to query the  Clearinghouse  via the Public
     Internet,  or other IP network  defined by the  POPstar,  for a  Terminator
     participating in the  Clearinghouse  Service.  Upon receiving such a query,
     TransNexus  will securely  authenticate  the  communication  by returning a
     secure  token and up to 3 (three) IP addresses  of  Terminators  capable of
     completing the  communication  and the exchange of traffic.  The Originator
     will then contact the  Terminator to complete the call and both will return
     usage indications (call detail records) back to TransNexus.

1.5  For each connection between an Originator  customer and Terminator customer
     in the  Clearinghouse  Service,  TransNexus  will gather and assemble  call
     detail records ("CDRs").  The CDRs will detail the duration and other items
     concerning  each IP voice and fax  transmission.  TransNexus  will maintain
     detailed  clearinghouse  accounts for each customer and will  reconcile and
     rate CDRs for  activity  generated by IP  Communications  using the POPstar
     Clearinghouse Service.

1.6  TransNexus will collect funds on behalf of the POPstar  Clearinghouse  from
     Originator   customers  and  make   settlement   payments  to  the  POPstar
     Clearinghouse   or   Terminator   customers   on  behalf  of  the   POPstar
     Clearinghouse for IP communications in accordance with this Agreement.

1.7  POPstar will be responsible  for  establishing  and providing to TransNexus
     the rates that will  determine  the charge  per minute for  origination  or
     termination  communication  traffic  to any  destination  served by POPstar
     Clearinghouse  Service.  Rates must be provided by POPstar to TransNexus as
     detailed in Attachment 6 to this Agreement.  Rates will be effective within
     48 hours of receipt by TransNexus.  Origination rates and termination rates
     must be  established  by  POPstar  for each IP  telephony  device  of every
     Clearinghouse Customer.

1.8  TransNexus  will  undertake  reasonable  efforts to protect  the  identity,
     pricing and other confidential  Information of the Clearinghouse  Customers
     from  other  participants  in  the  POPstar   Clearinghouse   Service.  All
     Clearinghouse Customers of the POPstar Clearinghouse

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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     Service will be identified only by a unique customer  identification number
     known only to the specific Clearinghouse Customer, POPstar and TransNexus.

1.9  POPstar  will  be  responsible  for  marketing  and  branding  the  POPstar
     Clearinghouse.  TransNexus  will apply its best  efforts to assist  POPstar
     with marketing its  Clearinghouse  Service  including joint  appearances at
     industry shows and referrals of potential customers.  TransNexus will brand
     all POPstar  Clearinghouse  Service Web User  Interface  pages  viewable by
     POPstar and its customers with the POPstar logo.

2    Participation Requirements; Discontinuance of Service

2.1  TransNexus may  discontinue  service to any  clearinghouse  customer at any
     time for  breach of any of the terms and  conditions  in the  Clearinghouse
     Service  Agreement,   between  POPstar  and  the  clearinghouse   customer.
     TransNexus  will  receive  an  official  copy of all such  agreements  upon
     execution by both parties POPstar and customer.

2.2  TransNexus  reserves  the  right to  reject,  in its sole  discretion,  any
     application for participation in the Clearinghouse to protect its interests
     or the interests of other  participants  in the  Clearinghouse.  TransNexus
     reserves  the right to impose  certain  conditions  upon  Customers  of the
     POPstar  Clearinghouse  Service  including,  but not limited to, additional
     security deposits, advance payments, letters of credit, delinquency charges
     and other actions as it deems  necessary and  appropriate.  TransNexus  and
     POPstar  reserve  the  right  to  change  any  and all  conditions  of this
     Agreement with 30 days written notice and mutual agreement in writing under
     the notification process described herein.

2.3  TransNexus  and POPstar may  routinely  test quality of service  standards,
     routes, IP connections and the telecommunication addresses of customers.

2.4  TransNexus or POPstar may, in their discretion,  block participation in the
     Clearinghouse by any Customer and will notify the customer prior to cut-off
     by  email  or  fax to the  appropriate  contact  address  as  noted  in the
     agreement  between  POPstar and the  customer.  Additionally,  any Customer
     suspended or blocked from the service as a result of non-payment,  or other
     issues  deemed  serious  by  TransNexus,  in its sole  discretion,  will be
     subject to a re-instatement fee of up to and including $10,000 US dollars.

2.5  In  the  event  POPstar  does  not  accept  a  Customer's  application  for
     participation  in the  POPstar  Clearinghouse  Service  all  funds  will be
     returned less any banking charges and other  transaction  fees and expenses
     associated  with the  transaction.  These  funds will be  returned  to such
     Customer  within five  business  days of  POPstar's  decision to reject the
     Customer.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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2.6  TransNexus uses the Open Settlement  Protocol  ("OSP") to record  pertinent
     details of communications by and between customers of the Clearinghouse and
     POPstar.  TransNexus certifies all IP telephony devices,  which are capable
     of utilizing the Open Settlement  Protocol,  prior to their  acceptance for
     usage in the POPstar Clearinghouse  Service. A complete list of accepted IP
     Telephony  devices  is  listed  in  Attachment  2 and  will be  updated  by
     TransNexus  upon  completion  of new  device  certification  each  calendar
     quarter,  beginning  June 30, 2000. The  information  will be published via
     device.transnexus.com.

3    Payment Method

3.1  TransNexus will remit to POPstar on the 5th business day of the next month,
     all  service  fees owed and payable to POPstar  for the  previous  month if
     TransNexus  has  collected a  predetermined  minimum  payment  amount.  The
     predetermined  minimum  payment  amount is $100 USD;  otherwise the service
     fees owed and payable  will be carried  forward  until the minimum  payment
     amount accumulates at which time payment is made to POPstar.

3.2  The method of payment will be by wire transfer to the POPstar  account with
     HSBC Bank Canada - Seattle  Branch,  ABA Number  125007098  account  number
     ###-#######-###.  Any amounts owed to TransNexus  for service or other fees
     will be itemized and  deducted  from  amounts  payable to POPstar  prior to
     payment to POPstar.

4    POPstar Clearinghouse Accounts

4.1  TransNexus will establish a POPstar  Clearinghouse Service Provider Account
     for the purpose of  aggregating  and  monitoring  the monetary value of any
     service fees owed to POPstar on behalf of POPstar Clearinghouse Service and
     for any  reductions to this account by TransNexus  for service  charges and
     making such payments on behalf of the Clearinghouse to POPstar.

4.2  If  POPstar  desires  to  originate  traffic  using  POPstar  Clearinghouse
     Service,  POPstar will establish a Clearinghouse  Customer Account and will
     transfer funds to or maintain sufficient funds in this account according to
     the terms and conditions which apply to all  clearinghouse  customers.  The
     initial balance of this Clearinghouse  Customer Account shall be determined
     by  POPstar  (and  approved  by   TransNexus)   in   accordance   with  the
     Clearinghouse Account balance work sheet provided as Attachment 4.

4.3  POPstar will at all times maintain a balance in its Clearinghouse  Customer
     Account  that is equal to at least the  amount  detailed  in  Attachment  4
     concerning  expected  Origination  expenses.  The procedure for forecasting
     adjustments to the Clearinghouse Account is set forth in Attachment 4.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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4.4  Each time POPstar  originates an IP  communication  as an  Originator,  the
     POPstar Clearinghouse Customer Account will be debited with the appropriate
     rate for IP communication,  service charges and transaction expenses.  Each
     time POPstar  terminates an IP communication  as a Terminator,  the POPstar
     Clearinghouse  Customer  Account will be credited with the appropriate rate
     for the IP communication.

4.5  POPstar and TransNexus have defined  Clearinghouse Service Provider fees in
     Attachment 5.

5    Security Deposit; Reimbursement for Transaction Expenses

5.1  TransNexus  will  maintain the  security  deposits in  accordance  with the
     pricing and risk management rules of the POPstar Clearinghouse as set forth
     in  Attachment  5. Each month,  TransNexus  will  reconcile  actual  usage,
     payments  to  the  POPstar   Clearinghouse  Service  Provider  Account  and
     Clearinghouse  Customer Accounts and deposit  requirements for the previous
     month.  TransNexus  will  provide  to  each  Net  Originator  Clearinghouse
     Customer a statement  detailing  actual  usage less advance  payments  plus
     banking  fees.  A new  deposit  amount  will be  calculated  based upon the
     previous  month's  actual use. The statement will indicate a net payment to
     or from POPstar and Clearinghouse Customers, which is to be paid by the 5th
     business day following invoice issuance.  TransNexus will issue payments to
     POPstar  and  Clearinghouse  Customers  on the day the  invoice  is sent if
     TransNexus owes amounts as calculated by the statement. In no event will an
     Originator's deposit amount be less than $1,000 USD.

5.2  Funds  provided by the POPstar to its  Clearinghouse  Customer  Account for
     origination  traffic will be held in a  restricted  cash account at Bank of
     America, Georgia (ABA 061000052, Account Number ##########).

5.3  Clearinghouse  Customers must provide non-refundable device enrollment fees
     to TransNexus  in the amount of $500 USD for each IP telephony  device they
     enroll in the POPstar  Clearinghouse as a Clearinghouse  Customer,  due and
     payable upon initial registration in the POPstar Clearinghouse Service. For
     additional   IP  telephony   devices   added   subsequent  to  the  initial
     participation,  the device  enrollment  fee is payable  within 15 days from
     receipt of statement from the  Clearinghouse.  If a Clearinghouse  Customer
     enrolls 11 or more devices, the enrollment fee for each device becomes $250
     USD for device 11 (eleven) and greater.

5.4  Clearinghouse  Customers  must  reimburse  TransNexus for all banking fees,
     including  bank fees for  electronic  funds  transfer,  for any taxes  that
     TransNexus  pays on  behalf  of  POPstar  and for  other  transaction  fees
     incurred by TransNexus on behalf of POPstar.

5.5  Clearinghouse  Customers  must  reimburse  TransNexus for all banking fees,
     including  bank fees for  electronic  funds  transfer,  for any taxes  that
     TransNexus pays on behalf of

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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     Clearinghouse   Customers  and  for  other  transaction  fees  incurred  by
     TransNexus on behalf of Clearinghouse Customers.

5.6  TransNexus  will  charge  other  fees  for  training   sessions,   customer
     inquiries,  special  requests for  compilations  of CDRs, and other related
     matters  as set  forth  in the  pricing  and risk  management  rules of the
     Clearinghouse in Attachment 5.

6    Service Charges

6.1  TransNexus  will collect from  Clearinghouse  Customers an Origination  Fee
     each time the Clearinghouse  Customer accesses the POPstar Clearinghouse as
     an Originator  Clearinghouse Customer. The amount of the origination fee is
     set forth on Attachment  5. This amount will be  calculated by  multiplying
     the length of the phone call in seconds times the  termination  rate/second
     times the  origination  fee percentage  listed in Attachment 5.  TransNexus
     reserves the right to charge an  unsuccessful  call query fee of $0.005 USD
     for every query made by a Clearinghouse  Customer.  This  unsuccessful call
     query  fee will be  invoked  by  TransNexus  in the  event a  Clearinghouse
     Customer abuses its query privilege.  TransNexus will provide POPstar seven
     days notice prior to the imposition of this fee.

6.2  TransNexus and POPstar reserve the right to change the fee schedule for the
     POPstar  Clearinghouse  Service  with  seven  days  notice in  writing  and
     acceptance by both parties.

7    Taxes

7.1  Payments  and  collections  of any and all  taxes,  with the  exception  of
     TransNexus  Corporate  Income  tax,  shall be the sole  responsibility  and
     liability of POPstar.

8    Representation and Warranties

8.1  It  shall  be the  responsibility  of  POPstar  and  the  Customers  of the
     Clearinghouse  Service to provide  Public  Internet or other  communication
     access from IP telephony  devices to the  Clearinghouse  service points and
     communication  medium from POPstar's and the customer's IP telephony device
     to the Public Switched Telephone Network. If TransNexus provides access due
     to POPstar or customer  request,  or as a matter of convenience to POPstar,
     TransNexus  will  recover  in  advance  any and all costs  associated  with
     providing this access monthly in advance.

8.2  POPstar  represents and warrants that it possesses all legal and regulatory
     authority  to buy or sell  communication  services  as  facilitated  by the
     Clearinghouse.  POPstar  further  represents  and warrants that any and all
     pricing, quality of service, or other information is accurate and they have
     sufficient capacity to offer these services via the Clearinghouse.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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8.3  POPstar  represents  and  warrants  that it has the full right and power to
     grant the  rights to use  materials  embodying  names,  words,  recordings,
     likenesses,   and  performances  of  the   photographers,   artists  and/or
     performers,  free and clear of any  rights  or claims by the  owners or any
     others,  and shall  indemnify  and hold  TransNexus,  its  agents,  owners,
     employees, licensees, successors and assigns wholly harmless from any loss,
     liability,  damage, cost of expense,  including reasonable legal fees, from
     any claims by the owners or others arising from the use or any  derivatives
     of the  materials  given to  TransNexus  to  incorporate  into the  Company
     Clearinghouse Service or for promotional purposes.

9    Disclaimer of Warranty; Limitation of Liability

9.1  THE  CLEARINGHOUSE  AND  RELATED  SERVICES  ARE  PROVIDED  "AS IS"  WITHOUT
     WARRANTY OF ANY KIND. TO THE MAXIMUM  EXTENT  PERMITTED BY LAW,  TRANSNEXUS
     DISCLAIMS  ALL  WARRANTIES,   INCLUDING  WITHOUT   LIMITATION  ANY  IMPLIED
     WARRANTIES  OF  MERCHANTABILITY,  FITNESS  FOR A  PARTICULAR  PURPOSE,  AND
     NONINFRINGEMENT.  THE ENTIRE RISK OF USING THE  CLEARINGHOUSE  REMAINS WITH
     POPSTAR.  TO THE MAXIMUM EXTENT  PERMITTED BY LAW, IN NO EVENT SHALL EITHER
     SPECIAL OR PUNITIVE  DAMAGES  ARISE OUT OF THIS  AGREEMENT OR THE USE OF OR
     INABILITY TO USE THE  CLEARINGHOUSE,  EVEN IF THE PARTY HAS BEEN ADVISED OF
     SUCH DAMAGES.

9.2  It is understood and agreed to by POPstar that  TransNexus does not provide
     common  carrier  telecommunication  services or  participate  in the actual
     telecommunication path. Compliance with all applicable legal and regulatory
     requirements governing the provisioning of telecommunication  services, and
     legal, regulatory and licensing requirements of communications and exchange
     of   said   communication   facilitated   by  the   Clearinghouse   is  the
     responsibility of POPstar.

9.3  TransNexus  or  POPstar  assumes  no  liability  for  delays  or  errors in
     communication  between  participants in the  Clearinghouse.  TransNexus and
     POPstar  agree to hold each other  harmless  for  liability in the event of
     errors,  delays,  pricing or miss-routing.  In any event, the sum aggregate
     liability  for  TransNexus  will  never  exceed the lesser of $1,000 or the
     amount paid to TransNexus in a given calendar year by POPstar.

10   Term of Agreement

10.1 The term of this  Agreement  will be for  thirty-six  (36)  months from the
     effective  date of the  Agreement  and will be  automatically  renewed  for
     additional  twelve-month  periods,  at the  prices,  terms  and  conditions
     prevailing at the time of renewal.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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10.2 TransNexus or POPstar may terminate this Agreement,  effective immediately,
     upon giving notice for "Cause."  "Cause" shall include any material  breach
     of this  Agreement,  dishonesty  in dealings  in the POPstar  Clearinghouse
     Service, bankruptcy or allegations of any criminal or dishonest behavior.

11   Confidentiality

11.1 Any information  whether  incorporated in a physical medium or not, related
     to either  Parties  business  operations,  including  (but not  limited to)
     inventions,  products,  services,  personnel,  methods  of doing  business,
     research and development activities,  know-how,  customers,  trade secrets,
     commercial secrets,  computer programs,  rates,  routing tables or finances
     (hereafter called "the  Information"),  shall be considered as confidential
     and proprietary,  and shall be treated as such by both Parties. Information
     may include  information  which has been submitted to either Party by third
     parties,  and which the disclosing  party has been  authorized to disclose,
     subject to the security  measures or  confidentiality  agreements.  In such
     cases,  the Party receiving such  disclosure  accepts that the term of this
     Agreement  shall be deemed  also for the  benefit of such a party and fully
     binding upon both Parties with respect to such  Information.  Except as may
     be required by law, both parties agree that they shall keep the Information
     received  from the other  party  confidential  and shall  not  disclose  or
     disseminate  the  Information  other than to the  employees and advisors of
     such Party who need to know such Information.

11.2 Notwithstanding the foregoing, the Information does not include information
     about  which  TransNexus  or POPstar  can  document  that (a) it was in the
     public  domain at the time it came to its  knowledge;  (b) it  entered  the
     public domain  through no breach of this Agreement by TransNexus or POPstar
     or breach by any third party of any obligations of confidentiality;  (c) it
     was  known  to   TransNexus   or  POPstar   free  of  any   obligation   of
     confidentiality  before  it  came to its  knowledge  in the  course  of its
     relationship with TransNexus or POPstar or (d) it became lawfully available
     to  TransNexus  or  POPstar,  either  from a third  party  or  through  its
     independent development.

11.3 The  obligations  of  TransNexus  and POPstar  under  Section 11  regarding
     confidentiality  shall survive any termination of this agreement and remain
     in full force and effect for a period of 5 years.

11.4 Both Parties agree that the  restrictions  contained in this Section 11 are
     fair and  reasonable  and  necessary for the  protection of the  legitimate
     business  interests.  Each  agrees  that the  other  will or  would  suffer
     irreparable injury upon violation of the provisions of this Section 11, and
     that in the event of a breach the injured  party shall (in  addition to all
     other rights and remedies

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

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     available to it,  including,  without  limitation,  recovery of damages) be
     entitled to an injunction restraining it from such breach.

12   Miscellaneous

12.1 This  Agreement  shall be governed under the laws of the State of Delaware,
     United  States of America,  without  regard to conflict of law  principles.
     POPstar hereby  consents to the exclusive  jurisdiction of federal or state
     courts located in Delaware.

12.2 The security  team at  TransNexus  will resolve any disputes in  connection
     time between customers in the POPstar Clearinghouse Service.

12.3 TransNexus  understands  and agrees that POPstar will  establish  wholesale
     rates and be  responsible  for the pricing of all  communication  exchanges
     between Clearinghouse Customers using the POPstar Clearinghouse Service.

12.4 The functional currency of the POPstar Clearinghouse Service is US Dollars.
     In the future event that additional  currencies are accepted by the POPstar
     Clearinghouse,  a separate deposit,  payment,  and account will be required
     for each currency used by Clearinghouse Customers.

12.5 POPstar  will  provide to  TransNexus  all  information  regarding  contact
     information  and password  security in  Attachment 7 to  ------------  this
     agreement.

12.6 All  payments by and to the  POPstar  Clearinghouse  will be by  electronic
     funds transfer.  TransNexus will recover from POPstar and its Clearinghouse
     Customers  any banking  fees  associated  in making  payments or  receiving
     payments to or from  POPstar or its  Clearinghouse  Customers.  Any amounts
     owed to  TransNexus  and not  paid by the  required  due  date  will  carry
     interest to the maximum extent allowed by State of Delaware,  United States
     law.

12.7 This  Agreement  shall be  binding  upon and  inure to the  benefit  of the
     parties and their  respective  successors  and assigns,  but neither  party
     shall have the right to assign or otherwise  transfer its rights under this
     Agreement  without receiving the express prior written consent of the other
     party.  Either party may, however,  assign this Agreement in the event of a
     sale of all or  substantially  all of its  assets  or stock  without  first
     obtaining the prior written consent of the other party.

12.8 All  notices,  demands,  requests  and  other  communications  required  or
     permitted hereunder shall be in writing and shall be deemed to be delivered
     when actually received,  when sent by a reputable overnight carrier, return
     receipt  requested,  to the  registered  addresses as documented on the 1st
     page of this agreement.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                      -10-

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<PAGE>

[TransNexus Logo]

12.9 This  Agreement and its  Attachments  constitute the complete and exclusive
     agreement between TransNexus and POPstar with respect to the subject matter
     hereof,   and  supersede   all  prior  oral  and  written   understandings,
     communications or agreements not specifically incorporated herein.

12.10The  provision  of  this  Agreement  shall  be  deemed  severable,  and the
     invalidity  or  unenforceability  of one  provision  shall not  effect  the
     validity or enforceability of any other provision.

12.11This  Agreement  may not be amended or modified in any way, and none of its
     provision  may be  waived,  except in writing  and signed by an  authorized
     party against whom the  amendment,  modification  or waiver is sought to be
     enforced.

     In witness whereof, the parties have executed this agreement as of the last
date written below.

TransNexus, Inc.                             POPstar Global Communications Inc.

Jim Dalton               (Name)              John McDermott              (Name)
-------------------------------              ----------------------------------

/s/ Jim Dalton (Signature)                   /s/ John McDermott (Signature)

Chief Executive Officer  (Title)             President/CEO               (Title)
--------------------------------             -----------------------------------

9 SEP 2000               (Date)              9/20/2000                   (Date)
--------------------------------             -----------------------------------

ATTACHMENTS

1  -   Glossary of Terms
2  -   TransNexus Certified IP Telephony Devices to be Used for Voice or Fax
3  -   Payment Method
4  -   Clearinghouse Customer Account Balance Worksheet
5  -   Pricing and Risk Management Rules
6  -   Instructions to Create Rate Plan File
7  -   Information Form

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                      -11-

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<PAGE>

[TransNexus Logo]

TransNexus/POPstar Clearinghouse Service Agreement - Attachment 1

GLOSSARY OF TERMS
The following terms apply to the POPstar  Clearinghouse  Service.  Certain terms
are used in the Agreement between  TransNexus,  POPstar and Customer relating to
the Clearinghouse.

ORIGINATOR CUSTOMER - A Clearinghouse Customer who originates IP communications.
The Originator  Customer pays the POPstar  Clearinghouse  an Origination Fee per
minute  to  originate  IP  telephony   traffic  that  is   terminated  by  other
Clearinghouse Customers.

ORIGINATION FEE - The fee per minute a Clearinghouse  Customer pays to originate
IP  traffic  which  is  terminated  by  another  Clearinghouse   Customer.   The
Origination Fee is paid by the Originator  Clearinghouse Customer to the POPstar
Clearinghouse.

TERMINATOR CUSTOMER - A Clearinghouse Customer who terminates IP communications.
The Terminator  Customer is paid a Termination Fee by the POPstar  Clearinghouse
to terminate IP telephony traffic originated by other Clearinghouse Customers.

TERMINATION  FEE - The  fee per  minute  paid to a  Clearinghouse  Customer  for
terminating  IP  traffic  originated  by  another  Clearinghouse  Customer.  The
Termination  Fee  is  paid  by  the  POPstar  Clearinghouse  to  the  Terminator
Clearinghouse Customer.

TRANSNEXUS  TRANSACTION  FEE -  The  fee  per  minute  charged  to  the  POPstar
Clearinghouse by TransNexus for providing its ClearIPSM service.

CLEARINGHOUSE  FEE - The fee per minute earned by the POPstar  Clearinghouse for
providing clearinghouse services to its Clearinghouse Customers.

CLEARINGHOUSE CUSTOMER ACCOUNT - An account that is maintained by TransNexus and
summarizes  all  monetary  activity  between  the  Clearinghouse   Customer  and
TransNexus.   This  would   include   Origination   Fees  owed  to  the  POPstar
Clearinghouse,  Termination  Fees owed to the  Clearinghouse  Customer  from the
POPstar Clearinghouse,  net other clearinghouse fees (e.g. device enrollment and
wire   transfer   fees),   and  monetary   transfers  to  or  from  the  POPstar
Clearinghouse.

DEPOSIT  LIMIT  -  The  amount  of  an  Originator's   initial  deposit  into  a
Clearinghouse  Account for the first  quarter of activity in the  Clearinghouse.
This amount is variable  and after the first three  months of  operation  in the
Clearinghouse  the  amount  will be  adjusted  to a minimum  of 10 days  average
Origination fees, but in no case shall be less than $1,000 USD.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -1-

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<PAGE>

[TransNexus Logo]

DEVICE  ENROLLMENT - The process of exchanging  cryptographic  key pairs between
the POPstar  Clearinghouse and an IP telephony device. Device enrollment creates
a secure,  e-commerce  relationship  between  the IP  telephony  device  and the
POPstar Clearinghouse.

DISCONNECT  LIMIT - The minimum  monetary  amount,  required by  TransNexus  and
POPstar,  that  a  particular   Clearinghouse  customer  must  maintain  in  its
clearinghouse account to continue to originate IP communications. This amount is
generally set at a minimum of three (3) days' origination activity. At the point
when an individual Clearinghouse Customer reaches this limit, their devices will
be  suspended  from  the  POPstar   Clearinghouse  service  pending  receipt  of
additional funds by the POPstar Clearinghouse from the Clearinghouse Customer.

IP TELEPHONY DEVICE - A gateway, gatekeeper, media gateway controller, SIP Proxy
or other IP telephony  device that acts as a single logical  origination  and/or
termination point for a IP telephony call.

NON-DISCLOSURE  AGREEMENT - Legal document outlining  confidentiality  agreement
with TransNexus.

NOTIFICATION LIMIT - The amount in a Clearinghouse  Customer Account below which
a Customer will be notified to remit  additional  funds to continue to originate
traffic.  This  amount  is  generally  set at a  minimum  of 10 (ten)  days' net
origination activity per Clearinghouse Customer.

CLEARINGHOUSE   ACCOUNT  STATEMENT  -  The  periodic  financial  summary  for  a
Clearinghouse Customer.

TERMS AND CONDITIONS - Legal  documents  outlining  business  relationship  with
TransNexus.

ClearIPSM  - The  aggregate  of  all  of  TransNexus'  outsourced  Clearinghouse
service.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -2-

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<PAGE>

[TransNexus Logo]

TransNexus/POPstar Clearinghouse Service Agreement - Attachment 2

TransNexus Certified IP telephony devices to be used for voice or fax

Cisco Systems:

                                OSP (Open Settlement
      Cisco Systems               Protocol) Support       Certification Status
      Telephony Platforms
      --------------------------------------------------------------------------
      Cisco 3600 Gateway               |X|                      Certified

      Cisco AS5300 Gateway             |X|                      Certified

      Cisco 2600 Gateway               |X|                      Certified

      Cisco 5800 Gateway               |X|                 Discontinued by Cisco

  Lucent Telephony                  OSP (Open Settlement   Certification Status
  Platforms                          Protocol) Support
  ------------------------------------------------------------------------------
  Multi-Voice Access Manager v3.0       |X|                Certification pending
  for TNT, Max 6000 and Max 2000
  Gateways

This list will be updated by  TransNexus,  as new  devices  are  certified,  via
devices.transnexus.com (beginning June 30, 2000).

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -1-

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<PAGE>

[TransNexus Logo]

TransNexus/POPstar Clearinghouse Service Agreement - Attachment 3

PAYMENT METHOD
The POPstar  Clearinghouse may be required to make payments for service charges,
security  deposits,  transaction  expenses and other costs  associated  with the
POPstar  Clearinghouse  by making  Electronic Funds transfers to the TransNexus,
Inc. account below.

     TransNexus, Inc.
     Bank Of America Georgia
     ABA (Transit Routing) 061000052
     Account Number: ##############

The  POPstar  will  earn   Clearinghouse   Fees  that  will  be  collected  from
Clearinghouse Customers by TransNexus,  Inc. TransNexus will wire these funds to
the POPstar Clearinghouse at the account indicated below.

The POPstar banking account for Payment:
Please pay all amounts to be received  from  TransNexus on behalf of the POPstar
Clearinghouse to the following account

Name of Financial Institution:  HSBC Bank Canada - Seattle Branch

ADDRESS:   700 Fifth Avenue, Suite 4100,

CITY, COMMUNE, REGION:   Seattle,

STATE, PROVENCE:  Washington

COUNTRY/POSTAL CODE:  98104

SWIFT BIC: --------------------------------------------
(Example: Bank of America BOFAUS33)

ABA, or Transit ROUTING:  125007098

Account Number:  ###-######-###

Checking/SAVINGS: --------------------------------------------

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -1-

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<PAGE>

[TransNexus Logo]

TransNexus/POPstar Clearinghouse Service Agreement - Attachment 4

CLEARINGHOUSE CUSTOMER ACCOUNT BALANCE WORK SHEET
Each  Clearinghouse  Customer  must use this work sheet to calculate the initial
balance for its Clearinghouse  Account.  The POPstar  Clearinghouse must receive
advance payment of the required  initial balance  (including  device  enrollment
fees)  before  the  Clearinghouse  Customer's  account  will  be  activated  for
exchanging traffic with other Clearinghouse Customers.

(a)  Enter  number  of IP  telephony  devices  to be  enrolled  in  the  POPstar
     Clearinghouse Service.
(b)  Multiply the number of devices times the annual  Enrollment  fee per device
     to compute the annual enrollment charges.  Sum lines 1 and 2 to compute the
     total annual enrollment charge.
(c)  Clearinghouse  Customers  who want to  originate  traffic  must  provide an
     initial deposit of $1,000. (Does not apply to terminate only IP devices.)
(d)  Enter expected  number of minutes that will be originated  during the first
     30 days.
(e)  Enter the expected average  Origination fee per minute.  Multiply  expected
     number of minutes  times the expected  price per minute to compute  Advance
     Origination Fees. (Does not apply to terminate only IP devices.)
(f)  Sum lines 1 + 2 + 3 + 4 to  compute  total  advance  payment  which must be
     remitted to initiate the Clearinghouse Customer account.

           Worksheet for Enrollment, Initial Deposit and Advance Fees
           ----------------------------------------------------------

Please  read  Attachment  5,  Pricing  and Risk  Management  Rules  for  further
information

Annual Enrollment fees:         $500 per device for the first 10devices
                                $250 per device for 11th or above

                                       Enrollment
Computation of Annual                    fee per      Enrollment
Enrollment Charges                       device         Charges
------------------                       ------         -------
(a) Number of devices
    (First 10 or less)         ----- X   $500  =        -------  line 1
(a) Number of devices
    (More than 10)             ----- X   $250  =        -------  line 2

Total Annual Enrollment Charges                         -------  lines 1 & 2

(c) Initial Deposit by the Clearinghouse                 $1,000  line 3
     Required for devices which
      originate traffic

                                   Origination     Expected         Advance
                                     Minutes       price per     Origination
Computation of Advance                (d)          minute(e)         Fees
  Origination Fees
  Origination Minutes during        --------   X   ---------  =  -------- line 4
   first 30 days
  Required for devices which
   originate traffic

(f) Sum of Enrollment charges & Deposit &
    Advance Origination fees                                   --------  Sum of
    Advance Payment to be sent with Contract                           lines 1-4

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -1-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

TransNexus/POPstar Clearinghouse Service Agreement - Attachment 5

PRICING AND RISK MANAGEMENT RULES
The following states Pricing and Risk Management Rules of POPstar  Clearinghouse
Service.

1.   POPstar  must  provide  to   TransNexus  a  sales  and  use  tax  exemption
     certificate,  and a copy of the Tax  Identification  Number and  Country of
     Registration.

2.   Security  deposits  must  be in the  form  of  cash  via  electronic  funds
     transfer.  These  security  deposits  will be held as  restricted  cash and
     deposited  with Bank of America  Georgia.  Each  customer will not have any
     right to  interest  earned on these  amounts.  TransNexus  may  require the
     amount to be adjusted to reflect  changes in the  customer's  actual billed
     amounts.

     The initial security deposit required is as follows:

     Net Originator Customers:
     $1,000 US Dollars

     Termination Only Customers:
     $0 US Dollars

     The deposit  amount is expected to cover a minimum of 10 days  activity for
     the customer.  After the end of the current  calendar  quarter of operation
     with POPstar Clearinghouse Service, the customer may be required to furnish
     additional  funds to  maintain  this 10 day  minimum.  In no event will the
     deposits  required be less than what is stated  above.  Deposits  are fully
     refundable,  less  banking and / or  outstanding  usage fees,  with 30 days
     written notice to POPstar Clearinghouse Service

     The  formula  to  calculate   deposit   requirements   for  Net  Originator
     Clearinghouse Customers is:

     (Expected  Originator  traffic  in  minutes  for the  past  month*  Average
     Origination  Fee per minute) - Net  Terminator  Revenue of Customer for the
     past month.

3.   It should be noted that current  financial  funds  transfer time around the
     world varies significantly.  To aid the customer and to avoid suspension of
     service,  TransNexus  has  developed  several  methods to assist  POPstar's
     Clearinghouse  customers in maintaining sufficient funds with TransNexus at
     all times.

3.1  Upon establishment of usage,  patterns TransNexus will provide the customer
     with the expected next months advance fee via email. This notification will
     include a statement of

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -1-

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<PAGE>

[TransNexus Logo]

     the  Clearinghouse  Customers  current  activity  (1st of the month through
     24.00 GMT the 15th)  and will be posted  via  e-mail by the 16th day of the
     current month.

3.2  TransNexus  will also establish a  Notification  limit of 10 days aggregate
     advance fees.  Once it is determined that the customer has ten or less days
     of advance fees,  TransNexus will automatically  generate an e-mail message
     to the primary and secondary  business  contact  providing  notification of
     needed funding.

3.3  TransNexus  will  pay by the 5th  business  day of the next  month  all net
     amounts owed to Clearinghouse  Customers and to the  Clearinghouse  Service
     Provider.

3.4  The Clearinghouse Customer's primary or appointed contact may monitor their
     account balances with POPstar Clearinghouse via the Web User Interface. The
     Clearinghouse Customer Account balance information will include Origination
     Fees and Termination  Fees associated with call detail records  received by
     the POPstar Clearinghouse within 60 minutes of the time of inquiry.

3.5  Pay in advance for a certain period's expected  origination prices. Net and
     Originator  only  customers  will  be  required  to  fund  advance  fees to
     TransNexus.

3.6  TransNexus provides the internal infrastructure  operations for the POPstar
     Clearinghouse  Service  for  voice  and  fax  communications.  Accordingly,
     TransNexus  expects to receive  remuneration for these services.  Also, the
     Terminator  Clearinghouse Customers expect to receive compensation from the
     POPstar  Clearinghouse  Service for  termination  of calls from  Originator
     Clearinghouse Customers.  Therefore, a basic description of fees charged by
     TransNexus to the POPstar Clearinghouse Service and Clearinghouse Customers
     is shown below:

3.7  TransNexus   Transaction  Fee:  For  each  IP   communication   transaction
     authorized   by  the  POPstar   Clearinghouse   Service,   the   Originator
     Clearinghouse   Customer  will  pay  an  Origination  Fee  to  the  POPstar
     Clearinghouse   for   authorization   and  call  routing  to  a  Terminator
     Clearinghouse  Customer who will complete the IP  communication.  The total
     Origination Fee is price per minute times the number of seconds (rounded to
     the nearest whole second) from start of the IP communication transaction to
     completion or termination of the IP  communication.  TransNexus will charge
     and collect the Origination Fee from the Originator  Clearinghouse Customer
     on behalf of the POPstar Clearinghouse. TransNexus will retain a TransNexus
     Transaction  Fee  per  IP  communication  from  the  Origination  Fee.  The
     TransNexus Transaction fee per IP communication will be equal to 10% of the
     total Origination Fee.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -2-

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<PAGE>

[TransNexus Logo]

3.8  Clearinghouse Fee: For each IP communication  transaction authorized by the
     POPstar Clearinghouse  Service,  POPstar will earn a Clearinghouse Fee. The
     Clearinghouse  Fee is equal to the Origination Fee less the Termination Fee
     less the TransNexus Transaction Fee.

3.9  Customer  Support,  TransNexus will provide customer support via email free
     of charge to all POPstar Clearinghouse  Customers.  The response will be no
     later than one business day from receipt and all  inquiries  should be sent
     to  popstarsupport@transnexus.com.  Premium  support  can be provided at an
     additional cost.

3.10 TransNexus  attempts  to  maintain  low  internal  costs.  In an  effort to
     minimize subsidization of certain customers by others,  TransNexus recovers
     banking charges from customers.  All banking fees incurred by TransNexus in
     maintaining  its  obligations  to POPstar will be recovered from POPstar by
     TransNexus.

3.11 The  POPstar  Clearinghouse  will  invoice  Net  Originator   Clearinghouse
     Customers in advance on the 16h of every month for the next month.  Amounts
     are to be received and verified by  TransNexus  on or before the 1st day of
     the next month or service  may be  interrupted.  Monthly,  TransNexus  will
     issue  statements to all customers  reconciling  advance payments to actual
     usage and to recover banking charges or adjust deposit requirements.  These
     amounts  will be  deducted  from  any  amounts  owed  to the  Clearinghouse
     customer,  or added to the amounts due from the Clearinghouse  Customers on
     the 1st day of the next month. As the statement will be sent electronically
     to the Primary Business Contact, it is deemed received when sent.

3.12 TransNexus  reserves the right to implement  additional fees in the future.
     Such fees may be, but not limited to,  subscription  fees,  training  fees,
     consulting fees or other fees. Current Banking Fees are as follows:

     Domestic US ACH Receipt or Payment
     to or from TransNexus                              $ 2.00 per transaction
     S.W.I.F.T. Payment or domestic wires to or
     from TransNexus                                    $40.00 per transaction

     TransNexus will provide  in-house  training or consultations at the rate of
     $2,500 USD per day plus expenses.

     Basic support from  TransNexus is by e-mail with a 24-hour  response  time.
     Additional levels may be purchased separately from TransNexus.  The POPstar
     mail  account for Customer  support will be  popstarsupport@transnexus.com.
     TransNexus has other support  options  available for premium level support.
     Pricing and details may be obtained from TransNexus.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -3-

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<PAGE>

[TransNexus Logo]

     Device enrollment,  TransNexus will charge POPstar Clearinghouse  Customers
     an annual fee of $500 USD for the first ten IP telephony  devices  enrolled
     in the POPstar Clearinghouse Service.  Additional IP telephony devices will
     be enrolled at an annual fee of $250 each.

4.   Standard Terms:

     A).  Net 15 days from Statement.
     B).  Interest  charges  begin on the  first  day of the next  month and are
          currently 22% annually.
     C).  If amounts outstanding are not paid by the 30th day from invoice date,
          TransNexus  will  terminate  Company's  relationship  with the POPstar
          Clearinghouse  Service and deduct all amounts  owed from the  deposit.
          Remaining deposit will be returned to POPstar.

5.   Billing  and  reporting:   TransNexus  will  enable  POPstar  Clearinghouse
     Customers to receive invoices and  review/request  standard reports via the
     secure Web User  Interface.  For a minimal fee and once a month  TransNexus
     will provide to POPstar or its  Clearinghouse  Customers a CD-ROM detailing
     all traffic processed by the POPstar Clearinghouse Service. The CD-ROM will
     contain call detail records (CDRs) that will enable Clearinghouse Customers
     to audit clearinghouse services or bill end users.

     The fee for this  service  will be $50.00  per  CD-Rom  required  (Includes
     shipping via 2nd day air)

     Customized  Billing  Solutions:   TransNexus  will  provide   customization
     services at the rate of $250.00 per man hour times the estimated  number of
     hours to complete the  customization.  In addition,  TransNexus  has and is
     continuing to develop partners in the end user billing solutions  business.
     Please contact info@transnexus.com to see if a solution already exists.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -4-

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<PAGE>

[TransNexus Logo]

TransNexus/POPstar Clearinghouse Service Agreement - Attachment 6

Instructions to Create Rate Plan File

General
This document  provides a set of instructions  for creating a set of rates to be
associated with each enrolled gateway.  A separate file must be created for each
combination of the following:

o    Device Name (Gateway ID)
o    Service Type (Voice vs. Fax)
o    Traffic Type (Originating vs. Terminating)

Thus,  a unique file of  originating  rates must be created for Device A that is
intended to originate  voice traffic.  If Device A is also intended to terminate
voice traffic, a separate file of terminating rates must be generated.

The  customer is required  to submit a CSV file.  Whether the file is  generated
using Excel or any other  spreadsheet/editor  is irrelevant to the  provisioning
system.  The  customer  is free to assign any file name to the CSV file,  but it
must follow the UNIX file naming convention.  Once created,  the CSV file should
be  e-mailed  to   provision@transnexus.com.   The  e-mail   subject   must  be:
"provision:a:b:c:d"  where a is the customer  (subscriber)  ID, b is the gateway
ID, c is the service type and d is the traffic type.
For example:  provision:1234567890:209999999:V:T

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -1-

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<PAGE>

[TransNexus Logo]

Sample Rate Plan File
[represented in original as screen shot of Microsoft Excel worksheet, with data
as set forth below.]

Customer ID      102203
Device Name     1145737
Service Type          V
O or T                1
Currency              1
RP Name        Baseline

<TABLE>
                                                                                    Maximum          Routing
                                                                                  Delay in ms        Priority
                 Code/NPA-  Rate (up to 4                Unit of                 (Origination      (Origination
Zone        CC     NXX        decimals     Increments    Measure   Begin Date        Only)             Only)            Allow
----        --     ---        --------     ----------    -------   ----------        -----             -----            -----
<S>        <C>   <C>         <C>           <C>           <C>       <C>            <C>               <C>                 <C>
BEGIN
            1                   0.04           60        second    07-15-1999                                              Y
            1                  0.045           60        second    08-01-1999                                              Y
            1     404          0.042           60        second    07-15-1999                                              Y
            1     770          0.043           60        second    07-15-1999                                              Y
            1     770452       0.055           60        second    07-15-1999                                              Y
EU                             0.077           60        second    07-15-1999                                              Y
AF                            0.0912           60        second    07-15-1999                                              Y
            212                0.345           60        second    07-15-1999                                              Y
            54    11                                               07-15-1999                                              N
            54    11           0.065           60        second    07-15-1999                                              Y
OT                              0.07           60        second    07-15-1999                                              Y
END
</TABLE>

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -2-

                         4/22/00 - Document #2000/1-001

<PAGE>

Instructions to Create Excel Rate Plan File

     Cell(s)        Description/Action
     ---------      ------------------------------------------------------------
     1A             Enter the label "Customer ID".
     1B             Enter the subscriber ID from the General Information page of
                    the User Interface.
     2A             Enter the label "Device Name".
     2B             Enter the gateway ID from the Device Information page of the
                    User Interface.
     3A             Enter the label "Service Type".
     3B             Enter "V" for voice or "F" for fax.
     4A             Enter the label "O or T".
     4B             Enter "O" for  originating  rate plan  assignment or "T" for
                    terminating rate plan assignment.
     5A             Enter the label "Currency".
     5B             Enter "1" (for $US).
     6A             Enter the label "RP Name".
     6B             Enter an 8-character name for this rate plan.
     8A             Enter the label "BEGIN"
     9A:9C          This is the  Called  Number  String  composed  of  values in
                    columns A through C.

                    Zone (column A value) may be:
                    o    [blank]
                    o    AF = Africa  Region (see list of  countries in Appendix
                         1)
                    o    EU = Europe  Region (see list of  countries in Appendix
                         1)
                    o    AP  =  Australia/South  Pacific  Region  (see  list  of
                         countries in Appendix 1)
                    o    AS = Asia Region (see list of countries in Appendix 1)
                    o    SA = Central  and  South  America  Region  (see list of
                         countries in Appendix 1)
                   o    OT = Rest of World (all files must  include at least one
                        row with this value which is a default region)

                   If one of the above values  appears in Column A, there cannot
                   be values in Columns B and C and vice  versa.  You may define
                   rates by:
                    o    Region  (input  Region  code in  column A; no values in
                         columns B and C)
                    o    Country Code (input  country code value in column B; no
                         values in columns A and C)
                    o    Combination  of  Country  Code  and  City  Code  (input
                         country code value in column B and city code or NPA/NXX
                         in column C; no value in column A)

                    Columns B and C  represent  the  Country  Code and City Code
                    respectively.  The sum of digits in  columns B and C may not
                    exceed 7.

     9D             Enter rate in $US per  minute.  Value may be up to 4 decimal
                    places.
     9E             Enter "60".

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -3-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

     9F             Enter "second".
     9G             Enter the date when this  rate  becomes  effective.  Usually
                    this will be the current  date.  But it is also  possible to
                    schedule  future  changes.  That is, you may create  several
                    rows with the same number  string but with  different  begin
                    dates and  different  rates as long as one of the  beginning
                    dates is less  than or equal  to the  date/time  the file is
                    submitted to TransNexus. Note format mmddyyyy.

     9H             Leave blank. (future use)

     9I             Leave blank. (future use)

     9J             If  rates  are  for  terminating   gateway,   enter  "Y"  if
                    termination is allowed to this gateway for this row's Called
                    Number String.  Enter "N" if termination is not allowed.  If
                    rates are for originating gateway,  enter "Y" if origination
                    is allowed from this  gateway for this row's  Called  Number
                    String. Enter "N" if origination is not allowed.

     19A            Enter the label "OT" for all other prefixes not specifically
                    listed.  This is a "catch-all"  category that is included as
                    the last rate row.

     20A            Enter the label  "END".  This label  appears  after the last
                    rate row.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -4-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

Clarification on Number Strings
Several  illustrations will serve to clarify the configuration of Number Strings
(combination of Zone, CC and City Code/NPA-NXX) in the rate plan file.

Illustration 1

              Zone         CC        City Code/NPA-NXX             Rate
              ----       ------      -----------------          ----------
                           1                                       .05
                           1         404                           .055
                           1         404851                        .0555
                           33                                      .08
              EU                                                   .09
              OT                                                   .15

o        All calls to 1404851 @ $.0555
o        All calls to 1404 (not 404851) @ $.055
o        All calls to 1 (not 404) @ $.05
o        All calls to 33 (France) @ $.08
o        All calls to countries in the Europe list except France @ $.09
o        All calls to all other destinations @ $.15

Illustration 2

              Zone         CC        City Code/NPA-NXX             Rate
              ----       ------      -----------------          ----------
              SA                                                   $.08
              AS                                                   $.09
                           86                                      $.10
                           90        1                             $.11
              OT                                                   $.12

o        All calls to countries in Central/South America list @ $.08
o        All calls to countries in Asia list except to City Code 1 in
         Turkey (90) and to China (86) @ $.09
o        All calls to China (86) @ $.10
o        All calls to City Code 1 in Turkey (90) @ $.11
o        All calls to all other destinations @ $.12

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -5-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

Rate Plan File Validation
During TransNexus processing,  the rate plan file will be rejected if any of the
following validations are not met.

1.   If Zone is entered,  there can be no values in columns B (Country Code) and
     C (City Code/NPA-NXX).
2.   If Zone is not entered, there must be a value in column B (Country Code).
3.   If  Country  Code is  entered,  there  may be a  value  in  column  C (City
     Code/NPA-NXX).
4.   If City Code/NPA-NXX is entered, there must be a value in column B (Country
     Code).
5.   Maximum sum of combined digits in columns B and C is 7.
6.   The row  preceding the first row of rates must include the label "BEGIN" in
     column A.
7.   The row  following  the last row of rates must  include  the label "END" in
     column A. (This is  interpreted to be the end of the file.)
8.   At least one row in the rate section must have a Zone value of "OT".  (This
     is a catch-all  zone that includes a rate for all Called Number Strings not
     specifically defined. If you wish to only define rates for specified Called
     Number Strings, then the "OT" row should include a value of "N" in column J
     (Allow)).
9.   There may be multiple  rows with the same Called  Number  String as long as
     the Begin  Dates are  different  and one of the Begin  Dates is equal to or
     less than the date/time the file is submitted to TransNexus for processing.
10.  For each Called Number String,  there must be at least one row with a Begin
     Date  equal  to or  less  than  the  date/time  the  file is  submitted  to
     TransNexus  for  processing.
11.  For each Called  Number  String row where Allow  equals "Y",  there must be
     values in columns D, E, F and G.
12.  For each Called Number  String row where Allow equals "N",  there must be a
     value in column G.
13.  Rates may not include more than 4 decimal places.
14.  The  combination of Customer  (Subscriber)  ID, Device ID,  Currency ID and
     Traffic Type is valid.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -6-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

Predefined Regions and Countries in Each Region(1) - Appendix 1

Africa (AF)

20 -  Egypt
212 - Morocco
213 - Algeria
216 - Tunisia
218 - Libya
220 - Gambia
221 - Senegal
222 - Mauritania
223 - Mali Republic
224 - Guinea (PRP)
225 - Ivory Coast
226 - Burkina Faso
227 - Niger
228 - Togo
229 - Benin
230 - Mauritius
231 - Liberia
232 - Sierra Leone
233 - Ghana
234 - Nigeria
235 - Chad
236 - Central African Republic
237 - Cameroon
238 - Cape Verde Islands
239 - Sao Tome and Principe
240 - Equatorial Guinea
241 - Gabon
242 - Congo
243 - Zaire
244 - Angola
245 - Guinea-Bissau

--------
(1) This is a listing of predefined regions for your convenience in setting up a
single rate for a grouping of countries.  For example, in the rate plan file you
can create one rate row for AF  (Africa)  and  separate  rate rows for Egypt and
Libya.  All  countries in the Africa region would inherit the rate for AF except
Egypt and Libya.  This  prevents  having to create  multiple  rows for  multiple
countries  in the same zone with the same rate.  Please note these lists may not
include the latest and most accurate E.164 country  codes.  The customer has the
responsibility  to refer to ITU  (www.itu.ch)  for accurate  country codes.  Any
countries  not included in these lists are not  considered  part of a predefined
region,  and the number  string will have to be defined in the Country  Code and
City Code/NPA-NXX columns of the rate plan file.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -1-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

246 - Diego Garcia
247 - Ascension Island
248 - Seychelles Islands
249 - Sudan
250 - Rwanda
251 - Ethiopia
252 - Somalia
253 - Djibouti
254 - Kenya
255 - Tanzania
256 - Uganda
257 - Burundi
258 - Mozambique
260 - Zambia
261 - Madagascar
262 - Reunion Island
263 - Zimbabwe
264 - Namibia
265 - Malawi
266 - Lesotho
267 - Botswana
268 - Swaziland
269 - Comoros/Mayotte Island
27 -  South Africa
290 - St. Helena
291 - Eritrea
298 - Faeroe Islands
299 - Greenland

Europe (EU)

30 -  Greece
31 -  Netherlands
32 -  Belgium
33 -  France
34 -  Spain
350 - Gibraltar
351 - Portugal
352 - Luxembourg
353 - Ireland
354 - Iceland

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -2-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

355 - Albania
356 - Malta
357 - Cyprus
358 - Finland
359 - Bulgaria
36 -  Hungary
370 - Lithuania
371 - Latvia
372 - Estonia
373 - Moldova
374 - Armenia
375 - Belarus
376 - Andorra/Vatican City
377 - Monaco
378 - San  Marino
380 - Ukraine
381 - Yugoslavia/Serbia
385 - Croatia
386 - Slovenia
387 - Bosnia & Herzogovina
389 - Macedonia
39  - Italy
40  - Romania
41  - Switzerland/Liechtenstein
420 - Czech Republic
421 - Slovak Republic
43 -  Austria
44 -  United Kingdom
45 -  Denmark
46 -  Sweden
47 -  Norway
48 -  Poland
49 - Germany

Central/South America (SA)

500 - Falkland Islands
501 - Belize
502 - Guatemala
503 - El Salvador
504 - Honduras

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -3-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

505 - Nicaragua
506 - Costa Rica
507 - Panama
508 - St. Pierre & Miquelon
509 - Haiti
51 -  Peru
52 -  Mexico
53 -  Cuba
54 -  Argentina
55 -  Brazil
56 -  Chile/Easter_Island
57 -  Colombia
58 -  Venezuela
590 - Guadeloupe
591 - Bolivia
592 - Guyana
593 - Ecuador
594 - French Guyana
595 - Paraguay
596 - Martinique/French_Antilles
597 - Suriname
598 - Uruguay
599 - Netherlands Antilles

Australia/South Pacific (AP)

60 -  Malaysia
61 -  Australia/Cocos-Keeling Islands
62 -  Indonesia
63 -  Philippines
64 -  New Zealand/Chatham Island
65 -  Singapore
66 -  Thailand
670 - Mariana Islands
671 - Guam
672 - Christmas & Norfolk Islands/Antarctica
673 - Brunei
674 - Nauru
675 - Papua New Guinea
676 - Tonga Islands
677 - Solomon Islands

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -4-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

678 - Vanuatu
679 - Fiji Islands
680 - Palau
681 - Wallis and Futuna Islands
682 - Cook Islands
683 - Niue
684 - American Samoa
685 - Western  Samoa
686 - Kiribati
687 - New Caledonia
688 - Tuvalu
689 - French Polynesia
690 - Tokelau
691 - Micronesia
692 - Marshall Islands

Asia (AS)

7   - Russia/CIS
81  - Japan
82  - South Korea
84  - Vietnam
850 - North Korea
852 - Hong  Kong
853 - Macau
855 - Cambodia
856 - Laos
86  - China (PRC)
880 - Bangladesh
886 - Taiwan
90  - Turkey
91  - India
92  - Pakistan
93  - Afghanistan
94  - Sri Lanka
95 -  Burma (Myanmar)
960 - Maldives
961 - Lebanon
962 - Jordan
963 - Syria
964 - Iraq

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -5-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

965 - Kuwait
966 - Saudi Arabia
967 - Yemen
968 - Oman
971 - United Arab Emirates
972 - Israel
973 - Bahrain
974 - Qatar
975 - Bhutan
976 - Mongolia
977 - Nepal
98  - Iran
993 - Turkmenistan
994 - Azerbaijan
995 - Georgia

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -6-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

TransNexus/POPstar Clearinghouse Service Agreement - Attachment 7

INFORMATION FORM
The  information  provided  with  this  Information  Form will be used to enroll
Customer  in the  POPstar  Clearinghouse  Service.  Customer  warrants  that the
information provided in this Information Form is accurate and current.  Customer
will notify TransNexus promptly of any changes in the information below.

Customer Contact Information

Primary Authorized Contact: (May sign for and bind CUSTOMER)

Name:                                      John McDermott
Title:                                     President/CEO
Telephone:                                 (604) 872-6608
Facsimile:                                 (604) 872-6601
Email:                                     john.mcdermott@pop-star.net

Technical Contact Information:

A.  Primary English speaking technical
    contact:
    Name:                                   Joe Brongo
    E-mail address:                         joe.brongo@pop-star.net
    Telephone:                              (604) 872-6608
    Facsimile:                              (604) 872-6601

B.  Secondary English speaking technical
    contact:
    Name:                                   Rod Thompson
    E-mail address:                         rod.thompson@pop-star.net
    Telephone:                              (604) 872-6608
    Facsimile:                              (604) 872-6601

Business Contact Information and TransNexus Subscriber Interface Requirements:

A.  Primary Business Contact, authorized to issue
    payments and bind Company:
    Name:                                   John McDermott
    E-mail address:                         john.mcdermott@pop-star.net
    Telephone:                              (604) 872-6608
    Facsimile:                              (604) 872-6601

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -1-

                         4/22/00 - Document #2000/1-001
<PAGE>

[TransNexus Logo]

B.  Secondary Business Contact, authorized to issue
    payments and bind Company:
    Name:                                   Ida Chu
    E-mail address:                         ida.chu@pop-star.net
    Telephone:                              (604) 872-6608
    Facsimile:                              (604) 872-6601

Password Administrator  (Authorized to maintain Company's hierarchical passwords
with TransNexus):

Primary Password Administrator:
    Name:                                    Joe Brongo
    E-mail address:                          joe.brongo@pop-star.net
    Telephone:                               (604) 872-6608
    Facsimile:                               (604) 872-6601

     Note:  The primary  business  contact must provide to  TransNexus a list of
     privileges for each of the POPstar Clearinghouse  personnel or customers of
     the POPstar Clearinghouse who is able to perform business arrangements with
     the POPstar  Clearinghouse  Service.  These  assignments will be determined
     during the test and training phase with the TransNexus  Registration  Team.
     This  document  must be signed and before  live  operations  of the POPstar
     Clearinghouse.  Future changes to privileges outlined in this document will
     require a new document to be prepared.  This is to protect the  information
     of the POPstar Clearinghouse and TransNexus against fraudulent acts.

The  information  herein is the  property  of  TransNexus,  Inc. It is not to be
distributed by the recipient to third parties  without prior written  permission
from TransNexus,  Inc. Copyright 2000. All rights reserved.

                                       -2-

                         4/22/00 - Document #2000/1-001EXHIBIT 10.47

                                 PROMISSORY NOTE

$2,045,000                                                    September 30, 2000

     FOR VALUE  RECEIVED,  Stock Market  Institute  of Learning,  Inc., a Nevada
corporation  ("Borrower"  herein)  promises to pay to the order of Never  Ending
Wealth LP, a Nevada  Corporation,  and the successors and assigns of such lender
("Lender"),  the principal sum of Two Million Forty-Five  Thousand and No/100ths
Dollars  ($2,045,000.00)  (the  "Principal"),  with interest computed on monthly
balances on the basis of a 365-day  year,  at the rate of ten percent  (10%) per
annum.  Principal  and  interest  shall be payable in lawful money of the United
States, at such place as any holder hereof may designate in writing.

     Principal and interest shall be due and payable as follows:  Borrower shall
make  twenty-four  (24)  monthly  payments of Eighteen  Thousand  and  No/100ths
Dollars ($18,000) commencing on April 1, 2003; Borrower thereafter shall make 72
monthly payments of Twenty Thousand and No/100ths  Dollars  ($20,000).  Borrower
shall make a balloon payment of the remaining outstanding principal balance plus
all accrued  interest  with the 72nd Twenty  Thousand  and  No/100ths  ($20,000)
payment  due  hereunder.  All  payments  shall be applied  first to all  accrued
interest due hereunder; second, to any costs and expenses payable hereunder; and
third, to the outstanding  principal balance.  Payments shall be due and payable
on or before the first day of each month.

     Borrower shall have the right,  upon payment of all accrued interest to the
date of payment,  to prepay at any time in advance of maturity,  without premium
or penalty, all or any part of the principal amount of this Note.

     The  obligations  of this Note  shall be joint and  several.  Borrower  and
Borrower's legal representatives, successors, and assigns, and all endorsers and
persons liable or to become liable on this Note,  severally and expressly  waive
diligence,  presentment, demand, protest, notice of any kind whatsoever, and any
exemption  under  any  homestead  exemption  laws  or  any  other  exemption  or
insolvency  laws.  Every such person further hereby consents to any extension of
the time of payment hereof or other modification of the terms of payment of this
Note, the release of all or any part of the security herefor,  or the release of
any party  liable for the payment of the debt  evidenced  hereby at any time and
from time to time at the request of anyone now or hereafter liable therefor. Any
such  extension or release may be made without notice to any of such persons and
without discharging their liability.

     This Note has been issued  pursuant to and is secured by that  certain Deed
of Trust dated of even date herewith  between Borrower and Lender (the "Security
Instrument").  Such Security Instrument and all other instruments  evidencing or
securing the  indebtedness  hereunder  are hereby made part of this Note and are
deemed  incorporated  herein in full.  Any default  which  continues  beyond any
applicable  grace period  stated in the Security  Instrument  in any  condition,
covenant,  obligation,  or agreement contained in any of the Security Instrument
shall  constitute  a  default  under  this  Note and  shall  entitle  Lender  to
accelerate the maturity of the entire indebtedness hereunder and take such other
actions as may be provided for in the Security Instrument or in this Note.

Promissory Note                                                      Page 1 of 3
<PAGE>

     If default is made in the payment of principal or interest  hereunder  when
due, or upon maturity hereof, by acceleration or otherwise,  and such default is
not cured within ten days after receiving  written notice thereof from Lender or
the holder hereof,  the outstanding  principal  balance of this Note and, to the
extent permitted by law, any overdue payment of interest hereunder, shall become
due and payable at once,  without notice to Borrower or any other party,  at the
election  of Lender or the holder of this Note.  From and after the date of such
default, such principal and interest shall bear interest at the lesser of twelve
percent  (12%) per annum or the maximum  rate  permitted  by law,  until paid in
full.

     In any action or  proceeding  to recover  any sum herein  provided  for, no
defense of  adequacy of security or that resort must first be had to security or
to any other person shall be asserted.  All of the  covenants,  provisions,  and
conditions  herein  contained are made on behalf of, and shall apply to and bind
the respective distributes, personal representatives, successors, and assigns of
the parties  hereto,  jointly  and  severally.  Each and every party  signing or
endorsing this Note binds himself as principal and not as surety.

     It is the  intent of  Borrower  and  Lender to comply at all times with the
usury and other  applicable  United States  federal laws or laws of the State of
Washington (to the extent not preempted by federal law, if any) now or hereafter
governing the interest payable on this Note or the Security  Instrument,  to the
extent  any of the  same are  applicable  hereto.  If the  laws of the  State of
Washington or the United States are revised, repealed, or judicially interpreted
so as to render  usurious any amount  called for under this Note or the Security
Instrument, or any other instrument contracted for, charged, taken, reserved, or
received with respect to the indebtedness  secured or evidenced  hereby,  or the
maturity of this Note is accelerated as herein provided, or if any prepayment by
Borrower  results  in  Borrower's  having  paid any  interest  in excess of that
permitted  by  law,   then  it  is   Borrower's   and   Lender's   intent  that,
notwithstanding  any provision to the contrary  contained in this Note or in the
Security  Instrument (a) all excess amounts  theretofore  collected by Lender be
credited to the  principal  balance of this Note (or, if this Note has been paid
in full, refunded to Borrower),  and (b) the provisions of this Note immediately
be  deemed  reformed,  and  the  amount  thereafter  collectible  hereunder  and
thereunder reduced,  without necessity of the execution of any new document,  so
as to comply with the then applicable law.

     The  nonexercise by the holder of any of the holder's  rights  hereunder in
any instance  shall not  constitute a waiver  thereof in that or any  subsequent
instance.  If this Note is placed in the  hands of an  attorney  for  collection
after  any  default,  Borrower  promises  to pay all costs of  collection  and a
reasonable sum as attorneys' fees, whether suit is brought or not.

     Time is of the essence of this Note and of the  payments  and  performances
hereunder and under the Security Instrument in connection herewith.

Promissory Note                                                      Page 2 of 3
<PAGE>

     This Note is to be construed in all respects and enforced  according to the
laws of the State of Washington.

                                     STOCK MARKET INSTITUTE OF LEARNING, INC.,
                                     a Nevada corporation

                                     By: /s/ Robert T. Hondel
                                         ---------------------------------------
                                     Its: Chief Operating Officer

Promissory Note                                                      Page 3 of 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00017-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00017-of-00352.parquet"}]]