June 7, 2000 Mr. John T. Moran Boru Enterprises, Inc. 72 S.E. 6th Avenue Delray Beach, Florida 33483 Dear Mr. Moran: In consideration for our issuance to you of the enclosed option to purchase 400,000 shares of our common stock, you hereby agree to...

                                                                   Exhibit 10.12

                       Interactive ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, Ltd.
                         ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇
                           ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇

                                          June 7, 2000

▇▇. ▇▇▇▇ ▇. ▇▇▇▇▇
▇▇▇▇ Enterprises, Inc.
▇▇ ▇.▇. 6th Avenue
Delray Beach, Florida  33483

Dear ▇▇. ▇▇▇▇▇:

In consideration for our issuance to you of the enclosed option to purchase
400,000 shares of our common stock, you hereby agree to cancel the attached
agreement, dated January 27, 2000, pertaining to our obligation to pay
compensation to you in our PIPE transaction.

Please acknowledge your agreement to the foregoing, and your receipt of the
enclosed option, by executing and returning the enclosed copy of this letter,

Very truly yours,

Interactive ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, Ltd.


By:_______________________________
       ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, CEO

Agreed:

▇▇▇▇ Enterprises, Inc.


By:_______________________________
      ▇▇▇▇ ▇. ▇▇▇▇▇, President