AGREEMENT AND BILL OF SALE
                                   (Exhibit A)


This Agreement and Bill of Sale made as of this 30th day of April,  l998, by and
between Orion  Financial,  Ltd.  ("Orion") and B & L Enterprises,  Inc. a Kansas
corporation,  Colby Bowl,  a Kansas  partnership,  B. Eugene  Criss Trust No. 1,
Wayne A.  Horlacher,  Donald P.  Kready,  Joan R.  Kready,  Curtis Q.  Stephens,
Jacqualine A.  Stephens,  Dorthy B. Stephens,  Robert V. Van Camp,  Marjorie Van
Camp, and 3 - H's Enterprises, a Kansas partnership (collectively referred to as
the "AFI"  Guarantors").  In  consideration  of the mutual  covenants  contained
herein, the parties hereto agree as follows:

1.   Sale of  Assets.  Effective  upon the  Closing of Escrow as defined in that
     certain  Escrow  Agreement by and between  Orion,  Asia Pacific  Industries
     Development  Group ("APIDG"),  the AFI Guarantors,  and others (the "Escrow
     Agreement"),  the AFI Guarantors hereby sell, assign,  transfer and deliver
     to Orion  full title to all  intellectual  property,  patents,  copyrights,
     trademarks,  general intangibles (including the "Funtastix brand name), all
     molds and lasts and any and all other  intangible  property in each case as
     limited  to that  property  and  does  not  include  any  cash,  inventory,
     receivables or warehouse racks acquired from Athletic Footwear, Inc.

2.   Warranties  of AFI  Guarantors.  The AFI  Guarantors  jointly and severally
     represent  and warrant that title to the  Transferred  Assets shall be free
     and clear of any claim or  encumbrance  of any kind or nature  and agree to
     defend the title transferred. This warranty does not extend to the value of
     the assets  being  transferred  or to the  collectibility  of any  accounts
     transferred  and does not extend to any setoffs which  account  debtors may
     have.

3.   Number of Shares.  If the  Closing of Escrow  takes  place under the Escrow
     Agreement, Orion shall issue to each of the Guarantors the number of shares
     of common stock of Orion (the  "Shares")  set forth  opposite his signature
     line.

4.   Warranties  of  Orion.  Orion  represents  that the  officer  signing  this
     Agreement and Bill of Sale on its behalf has actual authority to do so.

5.   Deposit with Escrow  Agent.  This Bill of Sale shall be deposited in escrow
     pursuant to the Escrow Agreement. In the event the Close of Escrow does not
     occur,  this Bill of Sale  shall be null and void,  and any and all  assets
     delivered to the Escrow Agent shall be returned at the AFI Guarantors' sole
     expense to the AFI  Guarantors at Colby,  Kansas or such other  location as
     may be designated by them.






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Orion Financial, Ltd.                                No. of Orion Shares

By:/s/ Dean Boedeker
   --------------------------------
President

B & L Enterprises, Inc.

By:/s/ Bob Mader                                     200,000
   --------------------------------
Bob Mader

B. Eugene Criss, Trust No. 1

By:/s/ B. Eugene Criss                               200,000
   --------------------------------                              
B. Eugene Criss, Trustee

3-H's Enterprises

By:/s/ R. Craig Hills                                133,350
   --------------------------------
R. Craig Hills, Partner

By:/s/ Donald P. Kready                              133,350*
   --------------------------------
Donald P. Kready

By:/s/ Joan R. Kready
   --------------------------------
Joan R. Kready

Colby Bowl

By:/s/ Charles Schwanke                               66,660
   --------------------------------
Charles Schwanke

By:/s/ Curtis G. Stephens                             66,660**
   --------------------------------
Curtis G. Stephens

By:/s/ Jacqueline A. Stephens
   --------------------------------
Jacqueline A. Stephens

By:/s/ Dorthy Stephens                                66,660
   --------------------------------
Dorthy Stephens

By:/s/ Robert V. Van Camp                             66,660***
   --------------------------------
Robert V. Van Camp

By:/s/ Marjorie A. Van Camp
   --------------------------------
Marjorie A. Van Camp

By:/s/ Wayne Horlacher                                66,660
   --------------------------------
Wayne Horlacher
      o
      o *     Issued to Donald P. Kready and Joan R Kready
      o **   Issued to Curtis G. Stephens and Jacqueline A. Stephens
      o *** Issued to Robert V. Van Camp and Marjorie A. Van Camp

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