Netco Investments, Inc (fka NCVT)

[rca]

Resign? LOL. I tried my best to put an independent person in, Marco. I stopped the bleeding, albeit a bit late.

From: Paul Taylor [mailto:[e-mail]]
Sent: Monday, November 14, 2005 11:36 AM
To: 'Rodrigo Calderon A.'
Subject: TELATINOS MINUTES - Conversion # 2


Sign and return please


Written Consent of the Board of Directors of
NETCO INVESTMENTS INC
November 14, 2005

WHEREAS, the undersigned, constituting the majority shareholders and the Board of Directors of Netco Investments Inc a Texas Corporation (“the Company”), hereby unanimously desires to take the following actions and adopt the following resolutions in lieu of a special meeting.

The Board of Directors of the Company, by consent in writing pursuant to the authority contained in the newly amended by-laws of the Company, without the formality of convening a meeting, do hereby consent to the taking of the following action and the adoption of the following resolutions, such action and resolutions to have the same force and effect as though duly taken and adopted at a meeting of the directors, duly called and held:

RECITALS

WHEREAS, The holder is electing to convert 250,000 Preferred D shares into 25,000,000 144 NTVI common shares, and 3,600,000 Preferred B shares into 36,000,000 Common shares.

Both control blocks are to be issued to the name NETCO INVESTMENT LTD
These shares are to be “HELD AT TRANSFER”

The resulting shares issued and outstanding equals 73,795,410 shares (post)
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized representatives as of the date first above- written.




Rodrigo Calderon
President