Document:

EX-4.9
                           SUPPLEMENTARY AGREEMENT

                           SUPPLEMENTARY AGREEMENT

     THIS SUPPLEMENTARY AGREEMENT ("Supplementary Agreement") is
dated as of June 27, 2002, by and between FREESTAR TECHNOLOGIES,
INC., a Nevada corporation, with headquarters located at 1140 Avenue
of the Americas, 10th Floor, New York, New York 10036 ("Company"),
vFinance Investments, Inc. ("vFinance"), Boat Basin Investors LLC
("Boat Basin"), Marc Siegel ("Siegel"), David Stefansky
("Stefansky"), and Richard Rosenblum ("Rosenblum") (who, together
with permitted assigns, will be collectively referred to herein as
the "Investors").

                             W I T N E S S E T H

     WHEREAS, simultaneously with the execution of this Supplementary
Agreement, the Company entered into a Financing Agreement ("Financing
Agreement") and Series 2002A $400,000 8% Convertible Notes ("$400,000
Notes") with the Investors and Papell Holdings Ltd. to loan to the
Company, subject to the terms and conditions set forth herein, an
aggregate of up to Four Hundred Thousand and 00/100 ($400,000.00)
Dollars.

     WHEREAS, simultaneously with the execution of this Supplementary
Agreement, Paul Egan ("Pledgor"), has executed a Pledge Agreement
("Pledge Agreement") wherein Pledgor has agreed to pledge 14,400,000
shares of Pledgor's shares of common stock in the Company as security
for: (i) the performance by the Company of its obligations under the
Notes payable to the Investors (the "Notes"); (ii) the performance by
the Company of its obligations, covenants, and agreements under the
Financing Agreements between the Company and the Investors as well as
the Related Agreements (as that term is defined in the Financing
Agreement), and (iii) the performance by the Pledgor under the
Unconditional Guaranty executed by the Pledgor (the "Guaranty").
Capitalized terms in this Agreement which are not identified herein
will have the meanings given such terms in the $400,000 Notes.

     WHEREAS, a portion of the $400,000 Notes include debts
previously owed, but unpaid, to some of the Investors.

     NOW, THEREFORE, for and in consideration of the premises and the
mutual agreement contained herein and for other good and valuable
consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

1.  Prior Loans - Stefansky, Rosenblum and Siegel.

a.  On June 12, 2002, the Company entered into a certain Loan
Agreement ("SSR Loan Agreement") and Notes ("SSR Notes") with
Stefansky, Siegel, and Rosenblum,  wherein Stefansky, Siegel and
Rosenblum loaned to the Company the aggregate of Sixty Thousand and
00/100 ($60,000.00) Dollars.

b.  On or about August 29, 2002, the Company defaulted under
the SSR Loan Agreement and SSR Notes by failing to repay the
principal and interest due.  Stefansky, Siegel and Rosenblum agreed
to extend the maturity date under the SSR Agreement and SSR Notes.

c.  In consideration for extending the maturity date under
the SSR Loan Agreement and SSR Notes, the Company accrued interest
and late penalty charges and increased the principal amount owed
under the SSR Notes by an aggregate of $110,000 ("Revised SSR
Notes").  Pursuant to the Revised SSR Notes: (i) Stefansky)s note was
increased to $60.000 (consisting of an original note principal
balance of $20,000, accrued interest and late charge penalties of
$10,000, and $30,000 of the vFinance Fee Balance, as defined below),
(ii) Rosenblum's note was increased to $60,000 (consisting of an
original note principal balance of $20,000, accrued interest and late
charge penalties of $10,000) and $30,000 of the vFinance Fee Balance,
as defined below), and (iii) Siegel's note was increased to $40,000
(consisting of an original note principal balance of $20,000, accrued
interest and late charge penalties of $10,000, and $10,000 of the
vFinance Fee Balance, as defined below).  The Company also issued an
aggregate of 1,000,000 shares of the Company's common stock to
Siegel, Stefansky and Rosenblum in connection with and as
compensation for the issuance of the SSR Notes.  The Revised SSR
Notes constitute a portion of the $400,000 Notes.

2.  Prior Loan - Boat Basin Investors LLC.

a.  On June 12, 2002, the Company entered into a certain Loan
Agreement ("Boat Basin Loan Agreement") and Note ("Boat Basin Note")
with Boat Basin, wherein Boat Basin loaned to the Company Fifty
Thousand and 00/100 ($50,000.00) Dollars (the "Boat Basin Loan").

b.  On or about August 29, 2002, the Company defaulted under
the Boat Basin Loan Agreement and Boat Basin Note by failing to repay
the principal and interest due.  Boat Basin agreed to extend the
maturity date of the Boat Basin Agreement and Boat Basin Note.

c.  In consideration for extending the maturity date under the
Boat Basin Loan Agreement and Boat Basin Notes, the Company accrued
interest and late penalty charges and  increased the principal amount
owed under the Boat Basin Note by $15,000 ("Revised Boat Basin
Note").  The Revised Boat Basin Note constitutes a portion of the
$400,000 Notes.

3.  vFfinance Obligation.

a.  Pursuant to an Agency Agreement dated March 24, 2002,
between the Company and vFinance ("Agency Agreement"), the Company
agreed to pay vFinance (i) a retainer fee of $7,500 per month for a
period of 12 consecutive months from the date of the Agency
Agreement, for a total retainer fee of $90,000 ("Retainer Fees");
(ii) on each Closing Date and Subsequent Closing Date, as defined in
the Agency Agreement,  a consulting fee equal to 3% of the funds
raised in such Closing and Subsequent Closing, for a total consulting
fee of $6,810 ("Consulting Fees"); and (iii) a placement fee equal to
10% of the gross proceeds of the Notes ("Placement Fee"), as defined
under the Agency Agreement, for a total placement fee of $22,700..

b.  In addition to the vFinance Fees, the Company owed vFinance
an additional sum of $10,000 representing travel expenses as incurred
by vFinance ("Travel Expenses").

c.  The Retainer Fees, Consulting Fees, Placement Fees and
Travel Expenses, totaling $129,510 are collectively referred to as
the "vFinance Fees."

d.  The Company has failed to pay vFinance the vFinance Fees as
provided in the Agency Agreement.

e.  The Company has issued a note to vFinance in the amount of
$58,000 ("vFinance Note"), which constitutes a portion of the
$400,000 Notes.

f.  The balance of the vFinanee Fees in the amount of $70,000
($129,510 less the vFiinance Note) ("vFinance Fee Balance"), was
apportioned among Siegel, Stefansky, and Rosenblum, as described
above in section 1(c), and constitutes a portion of the $400,000 Notes.

4.  Merger of  All Prior Loans.

a.  The Company, Boat Basin Investors LLC, Siegel, Stefansky
and Rosenblum have, simultaneously with the execution of this
Supplementary Agreement, executed the Financing Agreement, and the
$400,000 Notes are being issued by the Company.

b.  The SSR Notes and Boat Basin Note have been merged into the
$400,000 Notes and are superceded by the $400,000 Notes and are
subject to the terms and conditions set forth in the Financing Agreement.

5.  Affirmation of Representations and Warranties.  The Company
hereby affirms, ratifies and certifies each of the representations
and warranties made by the Company in the SSR Loan Agreement, SSR
Notes, Boat Basin Loan Agreement and Boat Basin Note as of the date
of this Agreement, and acknowledges that the same are in full force
and effect.

6.  Governing Law.   This Supplementary Agreement shall be
governed by and construed in accordance with the laws of the State of
New York.  Each of the parties consents to the jurisdiction of the
federal courts whose districts encompass any part of the City of New
York or the state courts of the State of New York sitting in the City
of New York in connection with any dispute arising under this
Supplementary Agreement and hereby waives, to the maximum extent
permitted by law, any objection, including any objection based on
forum non coveniens, to the bringing of any such proceeding in such
jurisdictions.

7.  Severability.  If a court of competent jurisdiction
determines that any provision of this Supplementary Agreement is
invalid, unenforceable or illegal for any reason, such determination
shall not affect or impair the validity, legality and enforceability
of the other provisions of this Supplementary Agreement.  If any such
invalidity, unenforceability or illegality of a provision of this
Supplementary Agreement becomes known or apparent to any of the
parties hereto, the parties shall negotiate promptly and in good
faith in an attempt to make appropriate changes and adjustments to
such provision specifically and this Supplementary Agreement
generally to achieve as closely as possible, consistent with
applicable law, the intent and spirit of such provision specifically
and this Supplementary Agreement generally.

8.  Execution in Counterparts.   This Supplementary
Agreement may be signed in any number of counterparts with the same
effect as if the signatures upon any counterpart were upon the same
instrument.  All signed counterparts shall be deemed to be one
original. This Supplementary Agreement, once executed by a party, may
be delivered to the other parties hereto by telephone line facsimile
transmission of a copy of this Supplementary Agreement bearing the
signature of the parties so delivering this Supplementary Agreement.
A facsimile transmission of this signed Agreement shall be legal and
binding on all parties hereto.

     IN WITNESS WHEREOF, the parties have executed this Supplementary
Agreement as of the date first written above.

                                    COMPANY:

                                    FREESTAR TECHNOLOGIES, INC.

                                    By: /s/  Paul Egan
                                    Paul Egtan, President

                                    INVESTORS:

                                     VFINANCE, INC.

                                     By: /s/ Richard Rosenblum
                                     Richard Rosenblum

                                     BOAT BASIN INVESTORS LLC

                                     By: /s/  Abi Beck
                                     Abi Beck, Manager

                                     RICHARD ROSENBLUM

                                     /s/  Richard Rosenblum
                                     Richard Rosenblum

                                     DAVID STEFANSKY

                                     /s/  David Stefansky
                                     David Stefansky

                                     MARC SIEGEL

                                     /s/  Marc Siegel
                                     Marc SiegelEX-10.8
                        MEMORANDUM OF UNDERSTANDING

                        MEMORANDUM OF UNDERSTANDING

Parties

Game Base Nevada, Inc. ("GBI") having offices at 3960 Howard Hughes Parkway,
Suite 500, Las Vegas, NY, 89109 being the agent for Gamebase International
Inc. And Freestar Technologies, Inc. ("FSTI") a Nevada corporation having
offices at 1140 Avenue of the Americas, 10th Floor, New York, NY 10036

Effective Date

July 17, 2002

Term

This Agreement shall commence on the Effective Date and shall continue until
the earlier of August 31st, 2002 or (ii) the date on which the parties execute
an Acquisition Agreement to replace this Agreement and otherwise finalize any
outstanding issues relating to the subject matter hereof.

Terms

WHEREAS  FSTI is in the business of designing and licensing software that is
used in connection with facilitating and verifying financial transactions.

AND WHEREAS GBI is building an end-to-end solution for gaming processing that
includes a private debit card system. GBI also represents it's business
includes 60% of SSPG's share of the Venetian interactive joint venture; 100%
ownership of SandBox; Strategic alliance with Center 7; a Professional
management team and a board of Directors with a minimum of two Gaming
licencees; operational cash and the expectation to be cash flow
positive by August 2002. GBI also owns 75% of CurrenC (TBI), which presently
has 3.5 billion dollars in signed processing contracts and a signed
strategic alliance agreement with Storms Commerce.  GBI is presently in
negotiations to make strategic investment in IGCA and GET Technologies.

AND WHEREAS  FSTI  is desirous GBI to assume the development, marketing and
financial aspects of FSTI

AND WHEREAS GBI  is desirous to integrate FSTI technology into its gaming
portal and market FSTI authentication solution to GBI costumers and the
costumers of GBI affiliates and strategic partners.

AND WHEREAS GBI warrants they have the ability and desire to assume the
development, marketing and financial aspects of FSTI Business.

AND WHEREAS FSTI warrants that VISANET approval of its devices and software in
imminent.

AND WHEREAS the parties desire to enter into this memorandum of understanding
for the purposes of setting out their respective rights and obligations
with respect to the discovery necessary to finalize an agreement.

NOW, THEREFORE, THIS MOU WITNESSES that the Parties agree as follows:

GBI and FSTI will enter into an agreement whereby GBI agrees to assume the
development, integration, sales and marketing and financial administration of
the agreement, effective August 1st, 2002.

GBI and FSTI agree to share gross margin on the sale of authentication devices
on a 50/50 basis. Gross margin is defined as net sales revenue minus direct
cost of the devices.

FSTI agrees to commit to invest US$3,500,000 into GBI and or GBI affiliates for
12.5% of GBI and or affiliates with the exception of Rahaxi in which
FSTI will earn an initial 35% interest.  GBI warrants it has raised $2.6
million in cash to date and secured 100% of the assets of SandBox and is
seeking an additional $3.5 million in addition to the $3.5 million contemplated
to be invested by FSTI. FSTI will have until August 31st, 2002 to
complete its Due Diligence and execute final contract.

GBI will guarantee the debenture with vFinance Investments. In the interim FSTI
will use the proceeds of the debenture to fund operations.

FSTI will grant GBI and or GBI management options on 25% off FSTI stock fully
diluted, to be earn as follows:

25% after signed formal agreement. Option price to be $0.20 per share.

25% on fully executing the guarantee of vFinance debenture. Option price to be
$0.40 per share.

25% after four (4) consecutives month of providing managements services as
defined above. Option price to be $0.60 per share.

25% when the stock price of FSTI is $0.75 or higher for a period of two (2)
consecutives months. Option price to be $0.75 per share.

If all options are exercise FSTI will receive an investment of $5.85 million at
the current authorize and issued capitalization. Further increase in FSTI
capitalization will result in GBI being allowed further options to protect
their 25% fully diluted position.

Paul Egan to be given a seat on GBI's board.

GBI will have the right to claw back 22.5% of FSTI's interest in Rahaxi based
on GBI delivering $10,000,000 sustainable monthly increments of gross
processing revenue to Rahaxi. FSTI percentage interest will decline by 2.25%
per $10,000,000 increments to a floor of 12.5%.

GBI agrees to draft all legal contracts relating to the above for the review of
FSTI attorneys. Both parties to be responsible for the respective to legal
cost.

This agreement subject only to FSTI's Due Diligence (to be completed by August
31st, 2002) and formal contract.

All amount are in US dollars

Time shall be of the essence.

Marketing Activities/Publicity

Unless otherwise expressly stated herein, each party shall be solely
responsible for all costs and expenses in performing its respective discovery
activities pursuant to this Agreement.

Neither party may issue a press release nor may it make any public reference to
this Agreement or the other Party hereto without the prior approval of such.

Exclusive or Non-Exclusive Relationship

This Agreement is exclusive for gaming and strategic partners of GBI and non-
exclusive for GBI in all other aspects.

Confidentiality

"Confidential Information" means (whether disclosed orally or in writing and
whether or not marked or designated as confidential) all technical and non-
technical information including patent, copyright, trade secret, and
proprietary information, techniques, sketches, models, inventions, know-how,
processes, software programs and formulae related to the current, future and
proposed products and services of a party, a party's suppliers and
customers, and includes, without limitation, a party's information concerning
research, development, financial information, manufacturing, customer lists,
business forecasts, sales, merchandising, marketing and business plans.  The
terms of this Agreement are also Confidential Information.

Neither party (the "Receiving Party") shall use nor disclose the Confidential
Information of the other party (the "Disclosing Party") to any third party
except as necessary to perform its obligations under this Agreement.  The
Receiving Party agrees that it shall treat all Confidential Information of the
Disclosing Party with the same degree of care as the Receiving Party accords to
its own Confidential Information, but in no case less than reasonable
care.  The Receiving Party may disclose Confidential Information only to those
of its employees and contractors who need to know such information, and
the Receiving Party certifies that such employees and contractors have
previously agreed, either as a condition of employment or in order to obtain
the Confidential Information, to be bound by terms and conditions substantially
similar to those terms and conditions applicable to the Receiving Party under
this Agreement.  In the event of a breach of these confidentiality provisions,
the Disclosing Party shall be entitled to seek injunctive relief, in
addition to its legal and other equitable remedies.  The confidentiality
obligations in this Agreement shall survive any expiration or termination of
this Agreement.

The Receiving Party's obligations under this Agreement with respect to any
portion of the Confidential Information shall not apply to any such
portion which the Receiving Party can demonstrate (i) was in the public domain
through no fault of the Receiving Party at or subsequent to the time such
portion was communicated to the Receiving Party; (ii) was rightfully in the
Receiving Party's possession free of any obligation of confidence at
or subsequent to the time such portion was communicated to the Receiving Party;
or (iii) was developed by employees of the Receiving Party independently of and
without reference to any information communicated to the Receiving Party by
the Disclosing Party.  A disclosure of Confidential Information by the
Receiving Party in response to a valid order by a court or as otherwise
required by law shall not be considered to be a breach of this
Agreement or a waiver of confidentiality for other purposes.

Governing Law

This Agreement will be governed by and construed in accordance with the laws of
Nevada.  Any dispute, controversy or claim arising out of or in connection
with this Agreement, or the breach, termination or invalidity thereof, shall be
finally settled through arbitration in accordance with the State of Nevada.
The award shall be final and binding on the Parties.

Assignment

Neither party may assign its rights or obligations under this Agreement without
the express written consent of the other party, which consent shall not
be unreasonably withheld.

Independent Contractors

Nothing in this Agreement shall be construed to make the parties partners,
joint ventures, representatives or agents of each other, nor shall
either party so represent to any third person.  Neither party shall have the
right to obligate or bind the other party in any manner whatsoever, and
nothing contained in this Agreement shall give or is intended to give any
rights of any kind to any third parties.  The parties hereunder are acting in
performance of this Agreement as independent contractors engaged in the
operation of their own respective businesses.

Waiver

Either party's failure to enforce any provision of this Agreement shall not in
any way be construed as a waiver of any such provision, or prevent that
party thereafter from enforcing each and every other provision of this
Agreement.

Entire Agreement

This Agreement constitutes the entire agreement between the parties relating to
this subject matter and supersedes all prior or simultaneous representations,
discussions, negotiations, and agreements, whether written or oral.  This
Agreement may be amended or modified only in a writing signed
by the parties.  No oral waiver, amendment or modification will be effective
under any circumstances whatsoever.

IN WITNESS WHEREOF, the duly authorized representatives of the
parties have executed this Agreement as of the Effective Date.

Game Base, Nevada Inc (GBI)             FreeStar Technologies, Inc. (FSTI)

By: /s/  Rob Brazell                    By: /s/  Paul Egan
Rob Brazell                             Paul Egan
President and CEO                       President and CEO.
Date:  July 17, 2002                    Date:  July 17, 2002

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