Exhibit 10.3


                                 PROMISSORY NOTE


$40,000                                                         January 22, 2002

FOR VALUE RECEIVED, the undersigned, High-Tech Industries, Inc., a Colorado
Corporation, of 6090 South 2900 East, Ogden UT 84403, promises to pay to the
order of Abacus Financial Group, Inc., 11011 King Street, Suite 212, Overland
Park, KS 66210 or such other place as the holder may designate in writing to the
undersigned, the principal sum of Forty Thousand Dollars ($40,000), together
with interest thereon from date hereof until paid, at the rate of Ten Percent
(10%) per annum. The entire principal amount shall be repaid on January 21,
2003.

Payments shall be applied first to accrued interest and the balance to
principal.

All or any part of the aforesaid principal sum may be prepaid at any time and
form time to time without penalty.

In the event of any default by the undersigned in the payment of principal or
interest when due or in the event of the suspension of actual business,
insolvency, assignment for the benefit of creditors, adjudication of bankruptcy,
or appointment of a receiver, of or against the undersigned, the unpaid balance
of the principal sum of this promissory note shall at the option of the holder
become immediately due and payable.

The maker and all other persons who may become liable for the payment thereof
severally waiver demand, presentment, protest, notice of dishonor or nonpayment,
notice of protest, and any and all lack of diligence or delays in collection
which may occur, and expressly consent and agree to each and any extension or
postponement of time of payment hereof from time to time at or after maturity or
other indulgence, and waiver all notice thereof.

In case suit or action is instituted to collect this note, or any portion
hereof, the maker promises to pay such additional sum, as the court may adjudge
reasonable, attorneys' fees in said proceedings.

This note is made and executed under, and is in all respects governed by, the
laws of the State of Kansas.

                                            HIGH-TECH INDUSTRIES, INC.



                                            By: /s/ Kurt A. Moore
                                               ------------------------------
                                                 Kurt A. Moore, President