Document:

Exhibit 10.10

                              POSTPONEMENT  OF  CLAIM

For  valuable  consideration,  receipt whereof is hereby acknowledged, all debts
and  liabilities,  present  and  future,  of

1418276  ONTARIO INC. (hereinafter called the "Customer") to the undersigned are
hereby  deferred  and postponed by the undersigned to the debts and liabilities,
present  and  future,  of the Customer to Laurentian Bank of Canada (hereinafter
called  the  "Bank")  and  it is agreed by the undersigned that until all of the
said debts and liabilities of the Customer to the Bank have been paid in full no
payment  shall  be made or received on account of the said debts and liabilities
of  the  Customer  to  the  undersigned and any payments which might be received
notwithstanding  the foregoing shall be received in trust for the Bank and shall
be paid over to the Bank forthwith on receipt but no such payment shall have the
effect  of  reducing the indebtedness of the Customer to the Bank until actually
received  by  the Bank; and none of the debts and liabilities of the Customer to
the  undersigned shall be released, transferred or charged in any way or allowed
to  become  unenforceable through lapse of time, and the Bank may, but shall not
be bound to, claim and prove in respect of any or all such debts and liabilities
of  the  Customer to the undersigned in any bankruptcy, insolvency, composition,
scheme  of  arrangement,  liquidation  or  winding-up, voluntary or involuntary,
affecting  the  Customer  or  any  distribution  of assets of the Customer among
creditors  of  the  Customer,  and  all of the said debts and liabilities of the
Customer  to the undersigned are hereby assigned and transferred to the Bank and
all  dividends  or  other sums which may be or become payable in respect thereof
shall  be  due  and  be  paid to the Bank until it shall have received, the full
amount  of  the  last  mentioned debts and liabilities; and the undersigned will
from  time  to  time  execute and deliver all such statements, proofs of claims,
transfers, assignments and documents and do all such acts and things as the Bank
may  request  to  implement  the  foregoing.

It  is  understood  and  agreed  by the undersigned that the term "all debts and
liabilities  of  the  Customer  to  the  Bank",  whenever  referred  to  in this
agreement,  shall  include  any  funds  advanced  or held at the disposal of the
Customer  under  any  line(s)  of  credit.

This  agreement  shall  extend  to  and enure to the benefit of the Bank and its
successors  and assigns and shall be binding upon the undersigned and the heirs,
executors,  administrators, legal representatives, successors and assigns of the
undersigned  and  each  of  them.

The  undersigned acknowledges receipt of a fully executed copy of this agreement
and  hereby  waives  the  right to receive from the Bank a copy of any financing
statement,  financing  charge  statement  or verification statement filed at any
time  in  respect  of  this  agreement.

This agreement shall be governed by and construed in accordance with the laws of
(insert  Province  where  branch  located)  and  the  laws  of Canada applicable
therein.

Given  under seal at the town of Richmond Hill this 22nd  day of February, 2002.

In  the  presence  of                    UNIVERSE2U  INC.

                                          Per:
 /s/  Naseer (Irfan)  Syed               /s/  Kim  Allen______________ (seal)
--------------------------
Print  witness  name:                   Authorized signature: Kim Allen A.S.O.

The  "Customer"  named  above  hereby  acknowledges  receipt  of  a  copy of the
foregoing  agreement  and  accepts the assignment and transfer contained therein
and  agrees  with  the  said Bank to give effect to all of the provisions of the
said  agreement.

Given  under  seal at the Town of Richmond Hill this 22nd day of February, 2002.
<PAGE>

In  the  presence  of                    1418276  ONTARIO  INC.

                                         Per:
/s/  Naseer  (Irfan)  Syed               /s/  Kim  Allen ___________ (seal)
--------------------------
Print  witness  name:                  Authorized signature: Kim Allen A.S.O.Exhibit 10.11

                           SPECIFIC SECURITY AGREEMENT
                            (Deposits with the Bank)

TO:     Laurentian  Bank  of  Canada

     FOR  VALUABLE  CONSIDERATION,  receipt  whereof is hereby acknowledged, the
undersigned hereby agrees with Laurentian Bank of Canada (hereinafter called the
"Bank")  as follows concerning the moneys or amounts now or at any time and from
time  to  time  hereafter  on  deposit  (hereinafter  called  the  "Collateral
Deposit(s)")  in  the account(s) or evidenced by the instrument(s) maintained in
the  name  of the undersigned at the Bank's branch at 989 Derry Road, Suite 303,
Mississauga,  Ontario,  L5T  2J8.

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     (Insert  Branch  address)

1.                   The  Borrower  agrees  to  deposit  with the Bank a minimum
amount  of  $Cdn.2,500,000.00 (Two Million and Five Hundred Thousand Dollars) by
way  of a term deposit or cash equivalent in form acceptable to the Bank, acting
in  its  sole discretion, on or before May 30, 2002 and for a period of at least
twelve  (12)  months  thereafter.

2.          The  Bank  is  hereby authorized and shall be entitled to retain and
hold  the  said  moneys  or  amounts  on  deposit  in the Collateral Deposit(s),
together  with  any  and  all  additions  and accretions thereto, as general and
continuing  collateral  security  for  the  payment and fulfilment of all debts,
liabilities  and obligations, present or future, direct or indirect, absolute or
contingent,  matured  or  not,  of  the  undersigned to the Bank whether arising
within  or outside Canada and whether arising from agreement or dealings between
the  Bank  and  the undersigned or from any agreement or dealings with any third
person by which the Bank may be or become in any manner whatsoever a creditor of
the  undersigned  or  however  otherwise  incurred  or  arising, and whether the
undersigned be bound alone or with another or others and whether as principal or
surety  (such  debts,  liabilities  and obligations being hereinafter called the
"Liabilities"),  including  without  in  any  way  limiting  or  restricting the
generality  of  the  foregoing,  all  debts,  liabilities and obligations of the
undersigned  to  the  Bank  arising  out  of  or  in respect of (a) any loans or
advances  heretofore  or  hereafter  made  by the Bank, (b) any letter of credit
heretofore  or hereafter issued by the Bank, and (c) any agreement or instrument
or  any  endorsement  thereon  (hereinafter  called a "Guarantee") heretofore or
hereafter entered into by the undersigned whereby the undersigned guarantees the
payment or fulfilment of debts or obligations of any other party (each and every
such  other  party  being  hereinafter  called  a  "customer")  to  the  Bank.

3.          Whenever  and so long as any Liabilities exist, the Bank will not be
indebted or liable to the undersigned in respect of the moneys or amounts now or
hereafter  on  deposit  in  the Collateral Deposit(s), and the undersigned shall
have no right to withdraw any such moneys or amounts now or hereafter on deposit
in  the  Collateral  Deposit(s) or to draw any cheques or drafts or other orders
for  the payment of money to be charged against the Collateral Deposit(s), or to
assign,  transfer or otherwise deal with such moneys or amounts now or hereafter
on  deposit  in  the  Collateral  Deposit(s),  or  any  part  thereof.

4.          If  the  undersigned shall fail to pay or satisfy the Liabilities or
any  part  thereof  when  due, or if a writ of execution or a garnishment or any
similar  or analogous writ, process or proceeding should be issued against or in
respect  of  the undersigned, or if the undersigned should commit or threaten to
commit  any  act  of  bankruptcy  or  make  any  assignment  for  the benefit of
creditors, or if a receiver or other person with like powers should be appointed
in  respect  of  the undersigned or if an encumbrancer should take possession of
any  of  the properties or assets of the undersigned, then upon the happening of
any such event (a) all the Liabilities shall thereupon be and become immediately
due  and  payable,  (b)  the  undersigned shall thereupon be and become directly
indebted  and  liable  to  the  Bank  as  a  principal  debtor in respect of all
liabilities  and  obligations  then  existing  or thereafter arising under or by
virtue  of  each  and every Guarantee, and (c) the Bank shall be entitled as and
when  it  thinks  fit and without prior notice to the undersigned, and is hereby
irrevocably authorized and empowered, to immediately apply all or any portion or
portions  of  the  moneys  or  amounts  on  deposit in the Collateral Deposit(s)
against  and  in  reduction  or  extinction  of  all or any part or parts of the
Liabilities,  whether or not the Collateral Deposit(s) are subject to withdrawal
on  demand,  on  notice or on a future, fixed maturity date, all as the Bank may
see  fit,  and  to debit the Collateral Deposit(s) accordingly; provided that if
<PAGE>
the  Liabilities  and  the  moneys  or  amounts  on  deposit  in  the Collateral
Deposit(s) are not in equal amounts, then the greater shall be extinguished only
to  the  extent  of  the  lesser  and the excess shall remain owing and payable.

5.          The Bank may grant time, renewals, extensions, indulgences, releases
and  discharges  to,  take  securities (which word as used herein includes other
Guarantees)  from  and  give  the same and any or all existing securities up to,
abstain  from  taking securities from or from perfecting securities of, cease or
refrain  from  giving credit or making loans or advances to, accept compositions
from and otherwise deal with any customer or other party and with all securities
as  the Bank may see fit, and may apply all moneys at any time received from any
customer  or  other  party  or  from  securities  upon such part of the debts or
liabilities  of  such customer or other party to the Bank as the Bank deems best
and  change  any  such  application in whole or in part from time to time as the
Bank  may see fit, the whole without in any way limiting or lessening the rights
and  powers of the Bank to hold and deal with the said moneys or amounts now and
hereafter  on  deposit  in  the Collateral Deposit(s) in the manner provided for
herein.

6.          No loss of or in respect of any securities received by the Bank from
any  customer  or  other  party,  whether occasioned by the fault of the Bank or
otherwise, shall in any way limit or lessen the rights and powers of the Bank to
hold  and  deal  with  the moneys or amounts now and hereafter on deposit in the
Collateral  Deposit(s)  in  the  manner  provided  for  herein.

7.          The  Bank  shall  not  be  bound  to  exercise  any of its rights or
remedies  against  any  customer  or other party or in respect of any securities
that  it may at any time hold before being entitled to appropriate and apply all
or  any portion or portions of the moneys or amounts now or hereafter on deposit
in  the  Collateral  Deposit(s)  for  the purpose and in the manner provided for
herein.

8.          In  the  event  that  at any time or from time to time the moneys or
amounts on deposit in the Collateral Deposit(s) are in a currency different from
the  currency of any of the Liabilities, then for the purposes of this agreement
the  rate  of  exchange  between  the  currencies  shall be the relative rate of
exchange  of  the  Bank  in  effect  on  the  date  of  conversion.

9.          So  long  as  the  moneys  or amounts on deposit are held under this
agreement and not applied in payment of the Liabilities the moneys or amounts on
deposit may bear interest at a rate per annum agreed to between the Bank and the
undersigned  in  the  same  currency  as the moneys or amounts on deposit.  Said
interest  may  be  held  by  the  Bank  as collateral security.  The undersigned
acknowledges  that,  in the case of a Collateral Deposit established for a fixed
term, the application by the Bank of the moneys or amounts on deposit in payment
of  the  Liabilities before the maturity of the Collateral Deposit may result in
loss  of  interest  on  such  Collateral  Deposit.

10.          This  agreement  shall  be  a  continuing  agreement and shall have
effect  whenever  and  so  often  as  any  Liabilities  exist.

11.          This  agreement  shall  be  governed by and construed in accordance
with  the  laws  of the province of Canada in which the Collateral Deposit(s) is
located.

12.          This agreement shall extend to and enure to the benefit of the Bank
and  its  successors  and assigns, and shall be binding upon the undersigned and
the  heirs,  executors,  administrators,  legal  representatives, successors and
assigns  of  the  undersigned  and  each  of  them.

<PAGE>
Given  under seal at the Town of Richmond Hill this 22nd  day of February, 2002.

                             1418276  ONTARIO  INC.
                             Name  of  Company
                             Address:30 West Beaver Creek Road, Suite
                             109,  Richmond  Hill,  Ontario  L4B  3K1

                            per:_____/s/  Kim  Allen____________________
                                          Name:  Kim  Allen
                                          Title:   President
                                          c/s

                            per:_____/s/  Angelo  Boujos_______________
                                             Name:  Angelo  Boujos
                                             Title:    Chairman

                            We  have  authority  to  bind the Corporation

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