EXHIBIT 10.2

                          YEAR 2001 EMPLOYEE/CONSULTANT
                             STOCK COMPENSATION PLAN

I.   PURPOSE OF THE PLAN.

     The purpose of this Plan is to further the growth of Medical  Technology  &
Innovations,  Inc.  and its  Subsidiaries  (together  being  the  "Company")  by
allowing  the  Company to  compensate  Employee/Consultants  and  certain  other
persons who have provided  bona fide services to the Company,  through the award
of Common Stock of the Company.

II.  DEFINITIONS.

     Whenever used in this Plan, the following terms shall have the meanings set
forth in this Section:

     1. "Award"  means any grant of (i) Common Stock or (ii) options or warrants
to purchase Common Stock made under this Plan.

     2. "Board of Directors" means the Board of Directors of the Company.

     3. "Code" means the Internal Revenue Code of 1986, as amended.

     4. "Common Stock" means the Common Stock of the Company.

     5.  "Date of Grant"  means the day the Board of  Directors  authorized  the
grant  of an  Award  or such  later  date as may be  specified  by the  Board of
Directors as the date a particular Award will become effective

     6. "Employee/Consultant" means any person or entity (i) who has rendered or
will render bona fide  services to the Company,  and (ii) who, in the opinion of
the Board of Directors,  are in a position to make, or who have previously made,
a significant contribution to the success of the Company.

     7.  'Subsidiary"  means any corporation that is a subsidiary with regard to
as that term is defined in Section 424(f) of the Code.

III. EFFECTIVE DATE OF THE PLAN.

     The effective date of this Plan is June 1, 2000.

IV.  ADMINISTRATION OF THE PLAN.

     The Board of Directors will be responsible for the  administration  of this
Plan, and will grant Awards under this Plan.  Subject to the express  provisions
of this  Plan and  applicable  law,  the  Board of  Directors  shall  have  full
authority and sole and absolute discretion to interpret this Plan, to prescribe,
amend and rescind  rules and  regulations  relating to it, and to make all other
determinations  which it believes to be necessary or advisable in  administering
this Plan. The  determinations of the Board of Directors on the matters referred
to in this Section shall be






conclusive.  The Board of Directors  shall have sole and absolute  discretion to
amend this Plan. No member of the Board of Directors shall be liable for any act
or  omission  in  connection  with the  administration  of this  Plan  unless it
resulted from the member's willful misconduct.

V.   STOCK SUBJECT TO THE PLAN.

     The  maximum  number of shares of Common  Stock as to which  Awards  may be
granted under this Plan is 20,000,000 shares which number represents  20,000,000
shares not yet issued under the Plan.  The Board of  Directors  may increase the
maximum  number of shares of Common  Stock as to which  Awards may be granted at
such time as it deems available.

VI.  PERSONS ELIGIBLE TO RECEIVE AWARDS.

     Awards may be granted only to Employee/Consultants.

VII. GRANTS OF AWARDS.

     Except as otherwise  provided  herein,  the Board of  Directors  shall have
complete  discretion to determine when and to which  Employee/Consultant  Awards
are to be granted,  and the number of shares of Common  Stock as to which Awards
granted to each  Employee/Consultant  will relate,  and the terms and conditions
upon which an Award may be issued (including,  without  limitation,  the date of
exercisability, exercise price and term of any Award which constitutes an option
or warrant to purchase Common Stock).  No grant will be made if, in the judgment
of the Board of Directors,  such a grant would constitute a public  distribution
within the meaning of the Securities Act of 1933, as amended (the "Act"), or the
rules and regulations promulgated thereunder.

VIII. DELIVERY OF STOCK CERTIFICATES.

     As promptly as practicable  after  authorizing  the grant of an Award,  the
Company  shall  deliver  to the  person who is the  recipient  of the  Award,  a
certificate or certificates  registered in that person's name,  representing the
number of shares  of  Common  Stock  that  were  granted.  If  applicable,  each
certificate shall bear a legend to indicate that the Common Stock represented by
the certificate was issued in a transaction  which was not registered  under the
Act, and may only be sold or  transferred  in a  transaction  that is registered
under the Act or is exempt from the registration requirements of the Act.

IX.  RIGHT TO CONTINUED ENGAGEMENT.

     Nothing  in this Plan or in the  grant of an Award  shall  confer  upon any
Employee/Consultant  the right to continued  engagement by the Company nor shall
it interfere  with or restrict in any way the rights of the Company to discharge
any Employee/Consultant or to terminate any consulting relationship at any time.

X.   LAWS AND REGULATIONS.

     1. The obligation of the Company to sell and deliver shares of Common Stock
on the grant of an Award under this Plan shall be subject to the condition  that
counsel for the Company be satisfied that the sale and delivery thereof will not
violate the Act or any other applicable laws, rules or regulations.






     2. This Plan is intended to meet the requirements of Rule 16b-3 in order to
provide officers and directors with certain exemptions from Section 16(b) of the
Securities Exchange Act of 1934, as amended.

XI.  TERMINATION OF THE PLAN.

     The Board of Directors  may suspend or  terminate  this Plan at any time or
from time to time,  but no such action  shall  adversely  affect the rights of a
person granted an Award under this Plan prior to that date.

XII. DELIVERY OF PLAN.

     A copy of this Plan shall be delivered to all participants, together with a
copy of the resolution or resolutions of the Board of Directors  authorizing the
granting of the Award and establishing the terms, if any, of participation.