EXHIBIT 10.22

           FORM OF SHORT-TERM 10% NOTE ISSUED BY RCI IN APRIL 1996




                                                                RCIN-___________

                               PROMISSORY NOTE


$_______________                                                  April __, 1996

FOR VALUE RECEIVED, the undersigned, RAPID CAST, INC., a Delaware corporation 
("Maker"), hereby promises to pay to the order of 
______________________________ ("Holder"), the principal sum of 
$_______________, on the earlier of (a) March 31, 1997 or (b) such date as 
Maker obtains from a third party, in one or more transactions, an aggregate 
of $3 million or more in equity, debt or other financing.  Maker promises to 
pay interest (computed for the actual number of days elapsed on the basis of 
a year of 360 days) in respect of the unpaid principal amount hereof from the 
date hereof until maturity, at the rate of ten percent (10%) per annum.  
Interest shall be payable on the first day of each month in which this Note 
is outstanding.  Both principal and interest are payable in lawful money of 
the United States of America at such address as shall be designated by Holder.

Maker also promises to pay all costs, expenses and attorneys' and other 
professional fees incurred in any action to collect this Note or in any 
litigation or controversy arising from or connected with this Note or any 
agreement pursuant to which the debt evidenced hereby arises.  

Maker agrees that upon the occurrence of an Event of Default (as defined 
below), the entire indebtedness with accrued interest thereon due under this 
Note shall, at the option of the Holder, be immediately due and payable 
without notice. Failure to exercise such option shall not constitute a waiver 
of the right to exercise the same in the event of any subsequent Event of 
Default.  Upon the occurrence of an Event of Default the interest rate on 
this Note shall automatically increase without notice to fourteen percent 
(14%) per annum without in any way affecting or limiting Holder's rights upon 
the occurrence of an Event of Default.  

The occurrence at any time of any one or more of the following events shall 
constitute an Event of Default under this Note: (a) Maker's failure to pay 
the principal amount due hereunder; (b) Maker's failure to pay interest due 
hereunder, which failure shall continue for five (5) days following written 
notice from Holder requesting payment; (c) the dissolution, liquidation, 
termination of legal existence, or insolvency of Maker; (d) the appointment 
of a receiver, trustee or similar judicial officer or agent to take charge of 
or liquidate any property of assets of Maker, or action by any court to take 
jurisdiction of all or substantially all of the property or assets of Maker; 
(e) the sale of all or substantially all of Maker's property or assets; (f) 
the commencement of any proceeding under any provision of the Bankruptcy Code 
of the United States, as now in existence or hereafter amended, or of any 
other proceeding under any federal or state law, now existing or hereafter in 
effect, relating to bankruptcy, reorganization, insolvency, liquidation or 
otherwise, for the relief of debtors or readjustment of indebtedness, by or 
against Maker.

Notwithstanding any provisions of this Note, it is the understanding and 
agreement of the Maker and Holder that the maximum rate of interest to be 
paid by Maker to Holder shall not exceed the highest or the maximum rate of 
interest permissible to be charged by a lender such as Holder to a borrower 
such as Maker under the laws of the State of New York.  Any amount paid in 
excess of such rate shall be considered to have been payments in reduction of 
principal.

Any amount outstanding under this Note may be prepaid, in whole or in part, 
by Maker at any time.  Any prepayments shall be applied to reduce the 
outstanding principal balance of this Note and shall not relieve Maker of its 
obligations to make regularly scheduled interest payments hereunder.



Failure by the Holder to insist upon the strict performance by Maker of any 
terms and provisions herein shall not be deemed to be a waiver of any terms 
and provisions herein, and the Holder shall retain the right thereafter to 
insist upon strict performance by the Maker of any and all terms and 
provisions of this Note.  Maker waives diligence, demand, presentment for 
payment, notice of nonpayment, protest and notice of protest, and notice of 
any renewals or extensions of this Note.  This Note shall be governed by and 
construed in accordance with the laws of the State of New York (but not its 
conflicts of law provisions).

                                     RAPID CAST, INC.

                                     By: _______________________________________
                                         Jeffrey Rubin, Executive Vice President