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EXHIBIT
10.11
PROMISSORY NOTE
$104,500
JANUARY 27, 1999
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-----------------
PRINCIPAL
DATE
TEN (10)%
EXINGTON, KY (U.S.A.)
---------
---------------------
INTEREST RATE
CITY
STATE
FOR VALUE RECEIVED,
Equity Au, Inc. and
its successor Equity
Technologies
and resources, inc.,
(hereinafter "Equity Technology"), a Delaware Corporation
with its principal
place of business at 1050 Chinoe Rd., Suite 304, Lexington,
KY 40502, promises to pay to the order of (Name of Lender)
Kentrust, Inc. ,
(an
Individual
Corporation,
Partnership, Limited
Liability Company)
Frank Dickey
residing at or with
principal place of business at (Street Address) 2098B
Candlelight Way . (City) LEXINGTON (State) KY . (hereinafter
"Lender"),
at the
address of the Lender or such other place as the holder hereof
shall designate,
the principal amount
of One Hundred Four Thousand Five Hundred Dollars, with
interest thereon at
the rate of ten (10%) percent per annum, one (1) year from
the date of this Note.
If this Note is not paid in full on the date payment is
due, Equity Technology shall pay interest at th
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