Document:

BRIDGE LOAN AGREEMENT

     THIS  BRIDGE  LOAN  AGREEMENT  (the  "Agreement"),  is entered  into by and
between  Pipeline  Technologies,  INC. F/K/A Wallstreet  Racing Stables,  Inc, a
Colorado  corporation with its principal place of business located at 1001 Kings
Avenue, suite 200, Jacksonville, FL, 32207 (the "Company") and ______________who
resides at  _______________  (the  "Lender"),  (individually  referred to as the
"Party" and collectively referred to as the "Parties"),  effective as of October
13, 2000.

                                    RECITALS

     WHEREAS,  the Company is in the process of finalizing a $10,000,000 funding
with Global  Development  Group,  Gmbh.  as evidenced by a letter of  commitment
dated October 10, 2000.

     WHEREAS,  the  Lender  desires to lend to the  Company  the amount of three
hundred thousand dollars ($300,000),  which shall be repaid from the proceeds of
funding  contemplated to be received at the closing of the financing with Global
Development Group, Gmbh.

     NOW THEREFORE,  in consideration of the Recitals that shall be deemed to be
a  substantive  part  of this  Agreement  and the  mutual  covenants,  promises,
agreements, contained in this Agreement, the parties hereby agree as follows:

                                    ARTICLE I

                                      Loan

     1.1  Loan.
          ----
          The  Lender  will lend to the  Company  the  amount  of three  hundred
          thousand dollars ($300,000) (the "Principal Amount").  The Lender will
          transfer  the  Principal  Amount to the Company in  collectable  funds
          promptly following execution of this Agreement by the Lender.

     1.2  Repayment.
          ----------
          Subject to Sec. 1.3 herein,  repayment  from the Company to the Lender
          shall be due upon the  closing of the  Financing,  or 30 days from the
          effective date of this Agreement,  whichever comes first. In the event
          that the  Financing  does not occur within 30 days from the  effective
          date of this  Agreement,  the Parties  agree to a 15 day  extension of
          such repayment. The repayment shall consist of:

          a)   The Principal Amount of $300,000;

          b)   12% per annum interest (the "Interest"); and

          c)   Common  Stock  in the  amount  of  200,000  shares  to be  issued
               pursuant to the loan closing.

                                      -68-
<PAGE>

     1.3  Conversion.
          ----------

          a)   In the event  that the  closing of the  Financing  does not occur
               within the 30 day repayment period or the 15 day extension period
               herein,  the Lender shall have the option in its sole  discretion
               to either:

               (i)  demand  the  Company  repay  the full  amount  in cash,  the
                    Principal  Amount of $300,000,  plus accrued interest at the
                    rate of 12% per annum;

                           or

               (ii) convert  the  Principal  Amount of  $300,000,  plus  accrued
                    interest  at the rate of 12% per annum,  to shares of Common
                    Stock of the  Company  at the  conversion  rate of $0.50 per
                    share.

          b)   In the event that the  Lender  elects to  convert  the  Principal
               Amount  plus  Interest  into shares of Common  Stock,  the Lender
               shall give such  notice to the  Company  upon  expiration  of the
               repayment  period  and  extension   herein,   and  shall  request
               instructions  from the Lender for the  issuance  of said stock of
               the Company.  The Lender shall receive  200,000  shares of Common
               Stock of the Company bearing the  restrictive  legend as required
               by Rule 144 of the Securities Act of 1933, and subject to any and
               all restrictions as required by federal and state law. Any shares
               of stock  issued  pursuant to this section  shall have  piggyback
               registration rights in accordance with Sec. 1.4 herein.

          c)   Repayment in cash,  or  conversion  into stock as stated  herein,
               shall be in  complete  and  full  satisfaction  of the  Company's
               obligations  to the Lender under this  Agreement,  and the Lender
               shall not be entitled to any additional  consideration including,
               but not limited to, the granting of stock warrants.

     1.4  Piggyback Registration Rights.
          ------------------------------
          The Company  shall  provide  "piggyback"  registration  rights for the
          shares  to be  acquired  under  this  Agreement,  on any  registration
          statement on an appropriate  form filed  subsequent to this Agreement.
          Piggyback  registration  rights  shall  mean  that,  if  at  any  time
          subsequent  to the  effective  date of  this  Agreement,  the  Company
          proposes to register any of its common stock under the  Securities Act
          of 1933 in connection  with a public  offering of such common  shares,
          which  would also  permit  registration  of the common  stock  already
          issued by the Company, the Company shall use its best efforts to cause
          the shares to be registered. In the event that the registration herein
          is for an offering  involving an  underwriting,  the right to register
          securities  pursuant to this  section  shall be  conditioned  upon any
          limitations and objections of the underwriter of the offering.

                                        2

                                      -69-

<PAGE>

                                   ARTICLE II

                               General Provisions

     2.1  Entire Agreement.
          -----------------
          This Agreement  constitutes  the entire  understanding  of the Parties
          with regard to this Agreement and the subject matter herein. There are
          no representations,  promises,  warranties,  covenants or undertakings
          other  than those  expressly  set forth  herein.  No  modification  or
          amendment  of this  Agreement  shall be  binding  unless  executed  in
          writing by all parties.

     2.2  Headings.
          ---------
          The  subject  headings of the  paragraphs  and  subparagraphs  of this
          Agreement are included for purposes of convenience only, and shall not
          affect the construction or  interpretation of any of the provisions of
          this Agreement.

     2.3  Notices.
          --------
          Notices  required  or  authorized  hereunder  shall  be  deemed  given
          sufficiently  if in writing and sent by registered or certified  mail,
          return  receipt  requested  and postage  prepaid,  or by tested telex,
          telegram or cable to the addresses first stated above unless and until
          one party notifies the other party of any change of address.

     2.4  Severability.
          -------------
          In the  event  that one or more of the  provisions  of this  Agreement
          shall  be  invalid,  illegal  or  unenforceable  in any  respect,  the
          validity,  legality and  enforceability  of the  remaining  provisions
          contained herein shall not in any way be affected or impaired thereby.

     2.5  Waivers.
          --------
          No waiver of any provision of this Agreement  shall be deemed a waiver
          of any other  provision,  nor shall any  single  waiver  constitute  a
          continuing  waiver.  The  failure of any party as to seek  redress for
          violation  of,  or as to insist  upon the  strict  performance  of any
          covenant  or  condition  of  this  Agreement,   shall  not  prevent  a
          subsequent  act which would have  originally  constituted a violation,
          from having the effect of an original violation.

     2.6  Counterparts and Facsimiles.
          ----------------------------
          This  Agreement  may be  executed in several  counterparts,  and as so
          executed  shall  constitute  one  Agreement,  binding  on all  parties
          hereto,  notwithstanding  that all parties are not signatory as to one
          original or the same counterpart. Facsimile signatures are acceptable.

     2.8  Dispute The Parties agree that any dispute regarding this Agreement or
          the subject  matter herein shall be decided by binding  arbitration to
          be conduct ed in the state of  Colorado  by the  American  Arbitration
          Association,  and that the  prevailing  party  shall be entitled to an
          award of reasonable attorneys fees, costs and expenses.

     2.9  Governing Law.
          --------------
          This  Agreement  shall be  construed  under  the laws of the  State of
          Colorado.

                                        3

                                      -70-

<PAGE>

IN WITNESS  WHEREOF,  the  parties  hereto  have  executed  and  delivered  this
Agreement, on the date first above written.

COMPANY:                                             LENDER:

Pipeline Technologies, Inc.

By:                                           By:
   ---------------------------                    ------------------------------
     Timothy Murtaugh, CEO

                                        4

                                      -71-THIS  is  dated  for  reference  the  11th  day  of  April,  2000

BETWEEN:

MERLIN SOFTWARE TECHNOLOGIES INTERNATIONAL INC., a company incorporated pursuant
to the laws of the State of Nevada, of 3675 Pecos-McLeod, Suite 1400, Las Vegas,
Nevada  89121

(the  "Company")

                                                               OF THE FIRST PART

AND:

THE  NOSTAS  GROUP,  of  3500  Parfet  Street,  Wheat  Ridge,  Colorado,  80033

(the  "Contractor")

                                                              OF THE SECOND PART

A.          The  Company desires to retain the Contractor to provide the Company
with  the  services  detailed  in  Schedule "A" hereto (the "Services"), and the
Contractor  has  agreed  to provide the Services to the Company on the terms and
conditions  of  this  Agreement.

          NOW  THEREFORE  THIS  AGREEMENT WITNESSES that in consideration of the
mutual  covenants and promises set forth herein, and for other good and valuable
consideration,  the  receipt  and sufficiency of which is hereby acknowledged by
each,  the  parties  hereto  agree  as  follows:

                                    ARTICLE 1
                     APPOINTMENT AND AUTHORITY OF CONTRACTOR

1.1     Appointment  of  Contractor

          The Company hereby appoints the Contractor to perform the Services for
the  benefit  of  the  Company  as hereinafter set forth, and the Company hereby
authorizes  the  Contractor  to  exercise  such  powers  as  provided under this
Agreement.  The  Contractor accepts such appointment on the terms and conditions
herein  set  forth.

1.2     Authority  of  Contractor

          The  Contractor  shall have no right or authority, express or implied,
to  commit  or otherwise obligate the Company in any manner whatsoever except to
the extent specifically provided herein or specifically authorized in writing by
the  Company.

<PAGE>

1.3     Independent  Contractor

          In  performing  the  Services,  the Contractor shall be an independent
contractor  and  not  an  employee  or  agent  of  the  Company, except that the
Contractor  shall  be the agent of the Company solely in circumstances where the
Contractor  must  be the agent to carry out his obligations as set forth in this
Agreement.  Nothing  in this Agreement shall be deemed to require the Contractor
to  provide  the  Services  exclusively to the Company and the Contractor hereby
acknowledges  that the Company is not required and shall not be required to make
any  remittances  and  payments  required  of  employers  by  statute  on  the
Contractor's  behalf  and  the  Contractor  or  any  of  his agents shall not be
entitled  to  the  fringe  benefits  provided  by  the Company to its employees.

                                    ARTICLE 2
                             CONTRACTOR'S AGREEMENTS

2.1     Expense  Statements

          The Contractor may incur expenses in the name of the Company as agreed
in  advance  in  writing  by  the Company, such expenses to relate solely to the
carrying  out  of  the  Services.  The  Contractor  will immediately forward all
invoices  for  expenses incurred on behalf of and in the name of the Company and
the  Company  agrees  to  pay  said  invoices  directly  on  a  timely  basis.

                                    ARTICLE 3
                              COMPANY'S AGREEMENTS

3.1     Compensation  of  Contractor

          As  compensation  for the Services rendered by the Contractor pursuant
to  this  Agreement,  the  Company  shall  issue to the Contractor 80,000 common
shares (the "Shares") in the capital of the Company.  The Company will issue the
Shares  to  the  Contractor  upon  the  execution  of  all  necessary documents,
including  a  Subscription  Agreement.

          In  the  event  that  the Company completes a financing identified and
arranged  by the efforts of the Contractor, then the Contractor will be entitled
to  receive  a finders fee of five percent (5%) payable in cash and five percent
(5%)  payable  in common shares (the "Transaction Shares") in the capital of the
Company  of  the  monetary  value  of  such  completed  financing.  The cash and
Transaction  Shares  shall  be  paid  to  the  Contractor  within 30 days of the
completion  of  any  such  financing.

3.2     Contractor's  Acknowledgements

          The Contractor acknowledges that the Shares and any Transaction Shares
to  be  issued  pursuant  to  the terms of this Agreement will not be registered
under  the  United  States Securities Act of 1933 (the "1933 Act"), or under any
state  securities  or  "blue  sky"  laws of any state of the United States, and,
unless so registered, may not be offered or sold in the United States or to U.S.
persons,  except  pursuant to an effective registration statement under the 1933
Act,  pursuant  to  an  exemption  from, or in a transaction not subject to, the
registration

<PAGE>

requirements  of  the  1933  Act.  The  Contractor further acknowledges that the
Shares  and any Transaction Shares will be subject in the United States to a one
(1)  year  hold  period  from  the  date  of  issuance of the such Shares or the
Transaction  Shares,  as  the  case  may  be.

                                    ARTICLE 4
                        DURATION, TERMINATION AND DEFAULT

4.1     Effective  Date

          This  Agreement  shall  become  effective as of the 11th day of April,
2000  (the  "Effective  Date"),  and shall continue for a period of one (1) year
from  the  Effective  Date  or  until  terminated  pursuant to the terms of this
Agreement.

4.2     Termination

          This  Agreement  may be terminated by either party by giving the other
30  days written notice of such termination provided that in circumstances where
the  Contractor would otherwise have been entitled to receive a payment pursuant
to Section 3.1 herein within 30 days following termination of this Agreement the
Company  shall  make  such payment to the Contractor as if the Agreement had not
been  terminated.

4.3     Duties  Upon  Termination

          Upon  termination  of  this  Agreement  for any reason, the Contractor
shall  upon receipt of all sums due and owing, promptly deliver the following in
accordance  with  the  directions  of  the  Company:

(a)     a  final  accounting,  reflecting  the  balance  of expenses incurred on
behalf  of  the  Company  as  of  the  date  of  termination;  and

(b)     all documents pertaining to the Company or this Agreement, including but
not  limited  to,  all  books of account, correspondence and contracts, provided
that  the  Contractor  shall be entitled thereafter to inspect, examine and copy
all  of the documents which it delivers in accordance with this provision at all
reasonable  times  upon  three  (3)  days'  notice  to  the  Company.

4.4     Compensation  of  Contractor  on  Termination

          Upon  termination  of this Agreement, the Contractor shall be entitled
to  receive as his full and sole compensation in discharge of obligations of the
Company  to  the  Contractor under this Agreement all sums due and payable under
this Agreement to the date of termination and the Contractor shall have no right
to  receive any further payments; provided, however, that the Company shall have
the  right  to  offset  against  any  payment owing to the Contractor under this
Agreement any damages, liabilities, costs or expenses suffered by the Company by
reason  of  the fraud, negligence or wilful act of the Contractor, to the extent
such  right  has  not  been  waived  by  the  Company.

<PAGE>

                                    ARTICLE 5
                                 CONFIDENTIALITY

5.1     Ownership  of  Work  Product

          All reports, documents, concepts, products and processes together with
any  marketing  schemes,  business  or  sales  contracts,  or  any  business
opportunities prepared, produced, developed, or acquired, by or at the direction
of  the  Contractor,  directly  or  indirectly,  in connection with or otherwise
developed or first reduced to practice by the Contractor performing the services
(collectively, the "Work Product") shall belong exclusively to the Company which
shall  be  entitled  to  all  right,  interest,  profits  or benefits in respect
thereof.  No  copies, summaries or other reproductions of any Work Product shall
be made by the Contractor or any of his agents without the express permission of
the Company, provided that the Contractor is hereby given permission to maintain
one  copy  of  the  Work  Product  for  his  own  use.

5.2     Confidentiality

          The  Contractor  shall  not,  except  as authorized or required by his
duties,  reveal  or divulge to any person or companies any of the trade secrets,
secret  or  confidential  operations,  processes  or dealings or any information
concerning  the  organization, business, finances, transactions or other affairs
of  the  Company,  which  may  come  to  his  knowledge  during the term of this
Agreement  and  shall  keep  in  complete  secrecy  all confidential information
entrusted to him and shall not use or attempt to use any such information in any
manner  which  may  injure  or cause loss, either directly or indirectly, to the
Company's  business  or may be likely so to do.  This restriction shall continue
to  apply after the termination of this Agreement without limit in point of time
but  shall  cease  to  apply to information or knowledge which may come into the
public  domain.

          The  Contractor  shall  comply,  and shall cause his agents to comply,
with  such  directions  as  the Company shall make to ensure the safeguarding or
confidentiality of all such information.  The Company may require that any agent
of  the  Contractor  execute  an  agreement  with  the  Company  regarding  the
confidentiality  of  all  such  information.

5.3     Devotion  to  Contract

          During  the  term  of  this  Agreement,  the  Contractor  shall devote
sufficient  time,  attention, and ability to the business of the Company, and to
any associated company, as is reasonably necessary for the proper performance of
the  Services  pursuant  to  this  Agreement.  Nothing contained herein shall be
deemed  to  require  the  Contractor to devote his exclusive time, attention and
ability  to the business of the Company.  During the term of this Agreement, the
Contractor  shall, and shall cause each of his agents assigned to performance of
the  Services  on  behalf  of  the  Contractor,  to:

(a)     at all times perform the Services faithfully, diligently, to the best of
his  abilities  and  in  the  best  interests  of  the  Company;

(b)     devote  such  of  his  time, labour and attention to the business of the
Company  as  is  necessary for the proper performance of the Services hereunder;
and

<PAGE>

(c)     refrain  from acting in any manner contrary to the best interests of the
Company  or  contrary  to  the  duties of the Contractor as contemplated herein.

5.4     Other  Activities

          The  Contractor  shall  not  be  precluded  from  acting in a function
similar  to that contemplated under this Agreement for any other person, firm or
company.

                                    ARTICLE 6
                                  MISCELLANEOUS

6.1     Waiver;  Consents

          No  consent,  approval  or waiver, express or implied, by either party
hereto,  to or of any breach of default by the other party in the performance by
the  other party of its obligations hereunder shall be deemed or construed to be
a  consent  or waiver to or of any other breach or default in the performance by
such  other party of the same or any other obligations of such other party or to
declare  the  other  party  in  default,  irrespective  of how long such failure
continues,  shall  not  constitute  a general waiver by such party of its rights
under  this  Agreement,  and  the granting of any consent or approval in any one
instance  by  or  on  behalf  of the Company shall not be construed to waiver or
limit  the  need  for  such  consent  in  any  other  or  subsequent  instance.

6.2     Governing  Law

          This Agreement and all matters arising thereunder shall be governed by
the  laws  of  the  State  of  Nevada.

6.3     Successors,  etc.

          This  Agreement shall enure to the benefit of and be binding upon each
of  the  parties  hereto  and  their  respective heirs, successors and permitted
assigns.

6.4     Assignment

          This  Agreement  may  not  be  assigned  by  any party except with the
written  consent  of  the  other  party  hereto.

6.5     Entire  Agreement  and  Modification

          This  Agreement  constitutes  the entire agreement between the parties
hereto  and  supersedes  all  prior agreements and undertakings, whether oral or
written,  relative  to  the  subject  matter  hereof.  To  be  effective  any
modification  of this Agreement must be in writing and signed by the party to be
charged  thereby.

<PAGE>

6.6     Headings

          The  headings  of  the  Sections  and  Articles  of this Agreement are
inserted  for  convenience  of reference only and shall not in any manner affect
the construction or meaning of anything herein contained or govern the rights or
liabilities  of  the  parties  hereto.

6.7     Notices

          All  notices,  requests  and  communications  required  or  permitted
hereunder shall be in writing and shall be sufficiently given and deemed to have
been  received  upon personal delivery or, if mailed, upon the first to occur of
actual receipt or forty-eight (48) hours after being placed in the mail, postage
prepaid,  registered  or  certified mail, return receipt requested, respectively
addressed  to  the  Company  or  the  Contractor  as  follows:

The  Company:

Merlin  Software  Technologies  International,  Inc.
Suite  420  -  6450  Roberts  Street
Burnaby,  BC  V5G  4E1

Attention:     Robert  Heller

Facsimile:     604-320-7277

The  Contractor:

The  Nostas  Group
3500  Parfet  Street
Wheat  Ridge,  Colorado  80033

Attention:     _________________________

Facsimile:     (________)  _________-_________________

or  such  other  address  as may be specified in writing to the other party, but
notice  of  a change of address shall be effective only upon the actual receipt.

6.8     Time  of  the  Essence

          Time  is  of  the  essence  of  this  Agreement.

6.9     Further  Assurances

          The  parties hereto agree from time to time after the execution hereof
to  make,  do,  execute or cause or permit to be made, done or executed all such
further  and  other  lawful  acts,  deeds, things, devices and assurances in law
whatsoever  as  may be required to carry out the true intention and to give full
force  and  effect  to  this  Agreement.

<PAGE>

6.10     Counterparts

          This Agreement may be executed in several counter-parts, each of which
will  be  deemed to be an original and all of which will together constitute one
and  the  same  instrument.

          IN  WITNESS  WHEREOF, the parties have duly executed this Agreement as
of  the  day  and  year  first  above  written.

MERLIN  SOFTWARE
TECHNOLOGIES  INTERNATIONAL,  INC.

Per: /s/ Robert Heller
     Authorized  Signatory

THE  NOSTAS  GROUP

Per: /s/ signed
     Authorized  Signatory

<PAGE>

                                  SCHEDULE "A"

Pursuant  to  the  Consulting  Agreement,  The  Nostas  Group  will  perform the
following  services:

1.     on-going  assessment  of  available  methods  of  financing  the Company;

2.     on-going  search  for  financing  for  the  Company;

3.     market  and  business  plan  consultation  including, without limitation,
assisting  the  Company  in continuing its plan to meet its previously announced
objectives;

4.     advice and consultation in regard to potential joint ventures, takeovers,
projects  and  corporate  reorganizations;  and

5.     introductions  to potential strategic business partners and institutional
investors.

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