Document:

EXHIBIT 10.18

800 Second Avenue     Tel 212 682 6300    E-mail pr@kcsa.com         [KCSA LOGO]
New York, NY 10017    Fax 212 697-0910    www.kcsa.com
                                                                      KCSA
                                                                PUBLIC RELATIONS
                                                                   WORLDWIDE
February 3, 2000

Mr. Abdul Ladha
President and CEO
Mr. John D. Welsh
Able(TM)Auctions
3112 Boundary Road
Burnaby, B.C. V5M 4A2
CANADA

Dear Abdul and John:

We at KCSA are  extremely  pleased that Able  Auctions has selected  KCSA Public
Relations Worldwide as its investor relations counsel.

This letter,  when signed by you,  will confirm that Able  Auctions has retained
KCSA  Public  Relations  Worldwide  as  investor  relations  counsel  commencing
February 1, 2000.  For our  services,  our monthly  minimum fee will be $16,000,
which will  entitle the Company to up to 100 monthly  hours of the  professional
services of KCSA. All incremental  hours -- estimated in advance and with client
approval -- will be billed at the rate of $165 per hour. Any unused hours during
the course of a month will be "banked" and utilized  during the next month.  The
first two months'  payment  (February 1 -March 31,  2000)  ($32,000)  is due and
payable with the return of this signed agreement.

The agreement  will be for an initial  period of six months.  All future monthly
fees will be billed on the first of each month,  commencing  April 1, 2000,  and
are payable in ten days.

It is  mutually  agreed  that  any  individual  out-of-pocket  expenses  such as
BusinessWire distribution, messengers, air courier, clipping service, offset and
mass mailings will be rebilled to Able Auctions with the standard  agency charge
of 20 percent.  Telephone,  Xerox, postage, travel and editorial lunches will be
rebilled  without  markup.  All  individual  expenditures  above $500.00 will be
expended only after client approval.

As part of its contracted  services,  KCSA will make its best efforts to arrange
directly  or  indirectly  a  financing  with  institutional   and/or  individual
investors on behalf of Able Auctions.  Should KCSA obtain this  financing,  KCSA
will be  compensated  under  the  Lehman  Standard  which is 5% of the  first $1
million raised;  4% of the second $1 million raised;  3% of the third $1 million
raised;  2% of the fourth $1 million raised;  and 1% of the fifth $1 million and
any additional funds raised.  KCSA will receive full payment upon the closing of
the  transaction  and  will  reduce  the  payment  by one half of the sum of any
professional fees,  excluding  out-of-pocket  expenses,  it has earned up to the
closing of the transaction. At the discretion of Able, the $8,000

Kanan, Corbin, Schupak & Aronow, Inc.       Public & Investor Relations,
                                            Corporate & Marketing Communications
<PAGE>

Mr. Abdul Ladha
Mr. John D. Welsh
February 3, 2000
Page 2

per month fee for financing may be  terminated  upon 30 days notice.  The entire
agreement may be terminated upon 60 days written notice.

To the extent Able  Auctions  desires to take  advantage  of the services of our
full-service graphic design and corporate identity division,  monies due for the
preparation  and production of collateral  materials  such as brochures,  annual
reports,  reprints and corporate identity and name change explorations,  must be
paid one half of estimated budget at presentation of finished  comprehensive and
one half at presentation of mechanicals.

Able  Auctions  agrees to  indemnify  and hold  harmless  KCSA Public  Relations
Worldwide from and against all losses, claims, damages,  expenses or liabilities
which we may incur based on  information,  representations,  reports or data you
furnish us, to the extent that such  material is furnished,  prepared,  approved
and/or just used by us.  Similarly,  KCSA Public  Relations  Worldwide agrees to
indemnify and hold  harmless Able Auctions from and against all losses,  claims,
expenses or  liabilities  which Able  Auctions  may incur based on the misuse of
information, representations, reports or data you furnish us.

Once again,  we are pleased to have the  opportunity  to serve you, and you have
the assurance of our very best efforts.

                                        Cordially,

                                        KCSA PUBLIC RELATIONS WORLDWIDE

                                        By: /s/ Leslie A. Schupak
                                            ----------------------------------
                                            Leslie A. Schupak
                                            Managing Partner

AGREED AND ACCEPTED
ABLEAUCTIONS

By: ----------------------------

Title:  ------------------------

                                       2EXHIBIT 10.21

                                 [COMPANY LOGO]

                             Ableauctions.com, Inc.
                   3112 Boundary Road, Burnaby, B.C. V5M 4A2
                       433-9866 or 437-0777 Fax: 432-9866

--------------------------------------------------------------------------------

July 31, 2000

PRIVATE & CONFIDENTIAL

Murray Jarvis
1910 Queens Avenue
West Vancouver, B.C.

Michael Collins
3660 Vanness Avenue
Vancouver, B.C.
V5R 5T8

Attention:  Murray Jarvis, President and Michael Collins

Re:  (Purchase of Shares of Warex Supply Ltd.)
--------------------------------------------------------------------------------

This letter and agreement will set out the details of our discussions  regarding
the purchase and sale of the shares of Warex The terms of the transaction  would
be as follows:

1.   Share Purchase: Ableauctions.com,  Inc. will purchase 100% of the shares of
     Warex as a going concern,  including all the accounts receivable,  material
     contracts  (including  most  it  not  all  employment  agreements),  office
     equipment,   furniture  arid  fixtures,  inventory,   goodwill,  and  other
     intangible  property.  The only  liability  of Warex to be  assumed  by the
     purchasers will be the loan payable to Jarvis of approximately $168,000.

2.   Purchase Price and Employment Agreements:

     Ableauctions will pay the purchase price for Warex by:

     (a)  paying Warex CDN $177,000 in cash on final closing;

     (b)  issuing to WAREX 6,900 shares of  Ableauctions at a deemed price of US
          $8.00 per share,  this is an  estimated  CDN  $83,000,  shares will be
          subject to a one year hold;

     (c)  Purchase  outstanding  accounts  receivable at market value subject to
          valuation considerations stated in section 5 below;

3.   Covenants, Representations, and Warranties: WAREX will covenant, represent,
     and warrant that:

     (a)  WAREX is a B.C.  corporation  in good  standing  and has the power and
          capacity to sell its assets;

     (b)  WAREX  will  take  all  necessary  corporate  action  and  obtain  all
          necessary consents, including without limitation shareholder approval,
          to validly transfer the assets to Ableauctions;

<PAGE>

July 31, 2000
Page 2

     (c)  the completion of the purchase and sale will not:

          (i)  violate any of the  provisions of WAREX'  memorandum or articles,
               or any judgment,  order, statute, by-law,  regulation,  covenant,
               restriction,  or any material contract applicable to WAREX or any
               of the assets  (subject to the  obligation to obtain  consents if
               any, in the material contracts);

          (ii) give any person the right to terminate,  cancel, or remove any of
               the  assets  except  that  the  consent  of third  parties  maybe
               required to assign the material contracts; or

          (iii)result in any fees, duties, taxes, assessment&,  or other amounts
               relating to any of the assets  becoming due or payable other than
               British  Columbia  Social Services Tax and Goods and Services Tax
               payable by  Ableauctions  in  connection  with the purchase and h
               sale;

     (d)  WAREX owns and  possesses and has a good and  marketable  title to the
          assets and on closing  the assets will be free and clear of alt liens,
          charges,  mortgages,  pledges,  security interests,  encumbrances,  or
          other claims whatsoever;

     (e)  pending  closing,  WAREX  will give  Ableauctions  and its  directors,
          employees, agents and representatives access to all books and records,
          contracts, and financial information of WAREX;

     (f)  to the knowledge of WAREX, there is no litigation or administrative or
          governmental  preceding or inquiry  pending or  threatened  against or
          relating to WAREX, its business, or any of the assets;

     (g)  there has been no material default in any term, condition,  provision,
          or  obligation  to be performed  under any material  contact.  each of
          which is in good standing and in full force and effect, unamended;

     (h)  to the knowledge of WAREX,  au the  inventory and all other  machinery
          and  equipment  comprised  in  the  assets  are  in  normal  operating
          condition and in a state of reasonable maintenance and repair;

     (i)  WAREX has no  indebtedness  to any person  which might by operation of
          law or  otherwise  now or  hereafter  constitute  a lien,  charge,  or
          encumbrance on any of the assets, except for encumbrances that will be
          discharged before closing; and

     (j)  to the knowledge of WAREX, no copyright,  license, patent right, trade
          mark,  wade  name) or other  intangible  property  of WAREX used in or
          relating to its  business  infringes  in any respect the  intellectual
          property right of any person.

Ableauctions  would  covenant  to use its  best  efforts  to  obtain  regulatory
approval of this transaction within a reasonable time.

<PAGE>

July 31, 2000
Page 3

4.   Conditions  of  Closing:  The closing of the  purchase of the WAREX  assets
     would be subject to the following conditions:

     (a)  Ableauctions will have completed  satisfactory due diligence on WAREX,
          WAREX assets, and financial condition;

     (b)  Ableauctions will have obtained an independent  valuation of the WAREX
          assets indicating a value of not less than CDN $260,000;

     (c)  Ableauctions will have obtained the approval of the NASD and directors
          (if required) regarding this transaction;

     (d)  there  will have been no  material  adverse  changes  in the assets or
          business of' WAREX pending closing.

5.   Accounts  Receivable:  WAREX will indemnify and save harmless  Ableauctions
     regarding  all  accounts  receivable  purchased on the closing date (it the
     unpaid accounts exceed a reasonable  reserve for bad debts) on a dollar for
     dollar basis,  if  Ableauctions  fails to collect those accounts within 180
     days of closing.  Any accounts  receivable  not  collected by  Ableauctions
     within  180  days  of  closing  and  determined  to  be   uncollectible  by
     Ableauctions  will  be  purchased  by  WAREX  for an  amount  equal  to the
     uncollectible balance (less the reserve for bad debts).

6.   Closing  Date:  The  effective  closing  date will be July 31, 2000 and the
     final  closing date will take place within five business days of regulatory
     and directors approval.

7.   Binding  Obligations:  This  letter  creates a binding  and legal  contract
     between the parties.  No other  agreement will be created or is intended to
     be created.

Kindly  indicate your  agreement  with the terms of this letter by signing where
indicated below.

Yours truly,

ABLEAUCTIONS.COM, INC.

/s/ Ron Miller
----------------------------------
Ron Miller, Vice President and CFO

We agree with the contents of this agreement as of the ____ day of ____________,
2000.

--------------------------------            -----------------------------------
Murray Jarvis, President                    Michael Collins

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