Document:

Exhibit 10.7
                                 LOAN AGREEMENT

This Loan Agreement dated February 19, 2002 is

Between:

                               PURSUIT CAPITAL LLC

                  7373 E. Doubletree Ranch Road, Suite 200
                  Scottsdale, AZ 85258

                  (here in after referred to as the "Lender")

And:

                  BSI2000, Inc.
                  12600 W. Colfax Avenue, Suite B410
                  Lakewood, CO  80215

                  (here in after referred to as the "Borrower")

WHEREAS the Lender has agreed to lend to the Borrower the sum of up to $500,000
on the terms and subject to the terms of this Agreement, for good and valuable
consideration the receipt and sufficiency of which each party acknowledges,
Borrower and the Lender agree as follows:

1.    Agreement to Advance Funds. The Lender hereby agrees that it will advance
      up to a total of $500,000 (the "Loan") to the Borrower. Each advance under
      the Loan shall be secured by a Promissory Note in the Form annexed hereto
      as Schedule "A", signed by BSI2000, Inc.

2.    Use of Proceeds. The Borrower covenants and agrees with the Lender that
      the Loan funds will only be used by the Borrower in accordance with the
      Loan Proceeds Budget annexed hereto as Schedule "B" and such other
      activities as the Lender may approve through its authorized
      representative, Lance Mullins. The Borrower agrees upon the request of the
      Lender, but no more frequently than monthly, to provide the Lender with
      written reports detailing the Borrower's use of the loan proceeds and
      comparing the actual expenditures with the Loan Proceeds Budget.

3.    Term. Subject to the Lender's right of Conversion set out herein, the Loan
      together with the accrued interest, shall be due and payable by the
      Borrower to the Lender on the earlier of:

      (a)   January 31, 2003;

      (b)   The cumulative receipt of equity financing subsequent to the date of
            this agreement of $2,000,000 or more.

      The Borrower may repay the Loan at any time before maturity, without
      penalty, by giving 15 days written notice of the prepayment date (the
      "Prepayment Notice") to the Lender.

4.    Interest. Interest shall be calculated from the date of advance of the
      Loan funds at the rate of 10% per annum, and shall accrue and be payable
      upon the completion of the Term of this Loan. No interest shall be payable
      in the event that the Lender exercises its right of conversion.

<PAGE>

5.    Conversion Right. The Lender shall have the right, at any time until the
      Loan Funds are paid in full, to convert such amount of the Loan Funds as
      have been advanced to the Borrower, but not interest outstanding, into
      shares of the Borrower on the following terms:

      (a)   The Lender shall notify the Borrower of its intention to convert the
            principal of the Loan by delivering a notice in writing (the
            "Conversion Notice") to the Borrower, specifying the place for
            delivery of the certificates representing the shares issuable by the
            Borrower upon conversion by the Lender ("Conversion Shares");

      (b)   The Loan is convertible into that number of common voting shares of
            the Borrower as equals Ten Percent (10%) of the issued and
            outstanding shares of the Borrower, or a pro-rata number of shares
            if the Loan is less than $500,000, such percentage to be determined
            on a fully diluted basis, after the issuance of the Conversion
            Shares and all other options and warrants outstanding as of the date
            of the receipt of the Conversion Notice. The shares shall be
            "restricted" as that term is defined in SEC rule 144 under the
            securities act of 1933.

      (c)   The Conversion Right may be exercised at any time and shall survive
            any Borrower's Notice of Prepayment. Upon the Lender's receipt of a
            Prepayment Notice from the Borrower, the Lender may exercise the
            conversion right by delivering the Conversion Notice to the Borrower
            on or before the prepayment date.

      (d)   The Conversion Right will survive any merger or other business
            combination and will be converted into the right to acquire common
            stock in the surviving company at the same exchange ratio as
            BSI2000, Inc. common stock, but only as to the percentage ownership
            calculated under (b) as issued to the shareholders or the Borrower,
            not upon the total shares outstanding of the surviving company. The
            exercise price shall be proportionately adjusted based upon the
            number of shares to be acquired in the surviving company.

6.    Representations.

      The Borrower represents to the Lender as follows:

      (a)   The Borrower is a duly incorporated company and is in good standing
            under the laws of the State of Colorado and has the power and
            authority to carry on its business as now being conducted;

      (b)   This Agreement has been duly authorized by all necessary action of
            the Borrower and constitutes a legal, valid and binding obligation
            of the Borrower enforceable against it in accordance with its terms;
            and

      (c)   The Conversion Shares, once issued, will have been duly authorized
            and issued as fully paid and non-assessable common shares of the
            Borrower or the surviving company, as the case may be.

      The Lender represents to the Borrower as follows:

      (a)   The Lender understands that the Borrower is a development stage
            company and has no operating revenue.

      (b)   The Lender has conducted its own due diligence in connection with
            making the Loan. The Lender has had opportunity discuss the affairs
            of the Borrower with Borrower's management, its strategic alliance
            partners, and its potential customers. Lender has conducted such
            other due diligence procedures as it considered necessary.

                                       2
<PAGE>

      (c)   The Lender understands the nature of the high risks associated with
            the Loan and is economically able to bear the loss of the entire
            Loan principal.

7.    Confidentiality. The Lender agrees to keep confidential all materials
      provided to it by the Borrower on a confidential basis pending the
      Borrower's public disclosure of such information and thereafter, to the
      extent Borrower reasonably requires such information to be kept
      confidential.

8.    Notices. Any notice, direction or other document required or permitted to
      be given pursuant to this Agreement shall, unless otherwise specifically
      provided, be given in writing and may be mailed, postage prepaid by
      registered mail, sent by facsimile transmission, or personally served upon
      the appropriate parties at the following addresses:

      If to the Borrower:

                        BSI2000, Inc.
                        12600 W. Colfax Avenue, Suite B410
                        Lakewood, CO  80215
                        Attention: Jack Harper
                        Fax: (303) 231-9002

      If to Lender:

                        Pursuit Capital LLC
                        7373 E. Doubletree Ranch Road, Suite 200
                        Scottsdale, AZ  85258
                        Attention: Lance Mullins
                        Fax: (602) 695-6606

9.    Governing Laws. This Agreement shall be governed by and interpreted in
      accordance with the laws of the State of Colorado.

10.   Amendment. This Agreement may be amended only in a writing signed by both
      the Lender and the Borrower.

11.   Counterparts. This Agreement may be signed in one or more counterparts,
      originally or by facsimile, each counterpart taken together shall form one
      and the same Agreement.

                                   SIGNATURES

Borrower:
BSI2000, Inc.

/s/ Jack Harper
------------------------------                              --------------------
Jack Harper, President                                         Date

Lender:
Pursuit Capital LLC

/s/ Lance Mullins
------------------------------                              --------------------
Lance Mullins, Manager                                         Date

                                       3
<PAGE>

                                   Schedule A

                                 Promissory Note

        February ___, 2002                                    Lakewood, Colorado

     BSI2000, Inc., a Colorado corporation located at 12600 W. Colfax Avenue,
     Suite B410, Lakewood, CO 80215, for value received promises to pay to the
     order of Pursuit Capital LLC, 7373 Doubletree Ranch Road, Suite 200,
     Scottsdale AZ 85258 the sum of __________________________________, said
     principal, together with interest thereon computed at the rate of 10% per
     annum, payable on January 31, 2003 or earlier as provided in the Loan
     Agreement. The principal of this note is an advance to BSI2000, Inc. by
     Pursuit Capital LLC under that certain Loan Agreement between the BSI2000,
     Inc. and Pursuit Capital LLC dated February ___, 2002, the terms of which
     are incorporated in this note by reference. The maker waives presentment
     for payment. It is agreed that if this note is not paid when due the
     principal and accrued interest thereon shall draw interest at the rate of
     18% per annum. Any default under that Loan Agreement between BSI2000, Inc.
     and Pursuit Capital LLC shall cause this note to be due at once. If this
     note or interest thereon is not paid when due the maker agrees to pay all
     reasonable costs of collection, including reasonable attorney's fees. This
     note is entered into and delivered in Lakewood, Colorado and is to be
     construed under Colorado law. Venue shall be in the Denver District Courts.

     Borrower's Signature:
     BSI2000, Inc.

     --------------------------------------                     ----------------
            Jack Harper, President                                  Date

                                       4
<PAGE>

                            LOAN AGREEMENT AMENDMENT

Amendment to Loan Agreement dated February 19, 2002

This amendment is effective for all purposes nunc pro tunc, as of the February
19, 2002 date of the original Loan Agreement, notwithstanding dates of execution
by the parties,

Between:

                               PURSUIT CAPITAL LLC

            7373 E. Doubletree Ranch Road, Suite 200
            Scottsdale, AZ 85258

            (hereinafter referred to as the "Lender")

And:

            BSI2000, Inc.
            12600 W. Colfax Avenue, Suite B410
            Lakewood, CO  80215

            (hereinafter referred to as the "Borrower")

The text of paragraph 5 in the original loan agreement is deleted and replaced
with the following:

5.    Conversion Right. The Lender shall have the right, at the closing of the
      Borrower's merger into any public company, to convert the Loan Funds
      advanced to the Borrower, but not interest outstanding, into 1,666,600
      shares of common stock of the surviving public company. The shares shall
      be issued as restricted securities under rule 144 established by the
      Securities and Exchange Commission pursuant to the Securities Act of 1933.

No other provision of the Loan Agreement is changed. There are no other
amendments to the Loan Agreement.

                                   SIGNATURES
Borrower:
BSI2000, Inc.

-----------------------------------                     ------------------------
Jack Harper, President                                  Date

Lender:
Pursuit Capital LLC

-----------------------------------                     ------------------------
Lance Mullins, Manager                                  Date

                                       5Exhibit 10.8

                                  BSI2000, Inc.
                 AGREEMENT TO REPLACE OPTIONS WITH COMMON STOCK

      This Agreement entered into as of September 11, 2001 is between BSI2000,
Inc. (the "Company") and Jack Harper and Bryan Luman (together the "Employees").

      Where as the Employees have been granted options to purchase common stock
under the Company's Employee Stock Option Plan, and

      Where as the options are exercisable at $.625 per share, and

      Where as the current value of the shares has been determined to be $.001
per share, and

      Where as the Company wishes to reward the Employees for faithful service
under trying conditions and wishes to retain the services of the Employees, now
then the Company and the Employees

      Agree as follows:

      1.    The company shall issue 2,500,000 shares of common stock to Jack
            Harper and 212,045 shares of common stock to Bryan Luman. The shares
            shall be valued at $.001 per share and shall be fully earned and
            non-forfeitable when issued.

      2.    All options previously issued to the Employees shall be surrendered
            by the Employees and cancelled by the Company.

      3.    The common stock issued to the Employees shall be subject to such
            transfer and resale restrictions as may be imposed by the Company's
            Board of Directors for a term not to exceed ____ years.

      4.    The Board may require that the shares bear a restrictive legend
            referencing this agreement and/or that the shares be escrowed.

      5.    The restrictions on transfer and resale shall also apply to any
            shares received by the Employees as a result of any recapitalization
            or sale of the Company or any merger of the Company with another
            company.

                                   SIGNATURES

     BSI2000, Inc.                                   Employees:

     /s/ Jack Harper                                 /s/ Jack Harper
     --------------------------                      ---------------------------
       Jack Harper, President                        Jack Harper

                                                     /s/ Bryan Luman
                                                     ---------------------------
                                                     Bryan Luman

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