Netco Investments, Inc (fka NCVT)

[hoppylad]

Global Interactive Ltd &
Telatinos Inc Update Date: 06/23/05
Date Announced: 06/02/05
Value (million $USD): 0.7 million U.S. Dollar
340.8 million Costa Rican Colon

Status: Completed


TRANSACTION DETAILS
Date Announced 06/02/05
Date Originally Announced 06/02/05
Format Acq. of Assets Acquisition techniques Not Applicable
Attitude Friendly Agency n/a
Value 0.7 million U.S. Dollar
340.8 million Costa Rican Colon Advisor Fees n/a
SYNOPSIS
COSTA RICA - Telatinos Inc (TI) acquired Global Interactive Ltd, a provider of voice over Internet protocol (VoIP) services, in exchange for 717.773 mil TI common stares, valued at 340.769 mil Costa Rican colon ($.718 mil US). The shares were valued based on TI's closing stock price of $.001 on June 1, the last full trading day prior to the announcement.


TARGET
Name Global Interactive Ltd
Industries Computer related services,nec
City San Jose
State n/a
Nation Costa Rica
Incorporated in n/a
Public Status Private
Business Description Provide voice over Internet protocol (VoIP) services
Advisors n/a
Target Sales n/a
ACQUIROR
Name Telatinos Inc (Pink Sheet : TLTA)
Industries Computer related services,nec
City Miami
State FL
Nation United States
Incorporated in TX
Public Status Public
Business Description Provide voice over Internet protocol (VoIP) services
Advisors n/a
Acquiror Sales n/a


http://money.cnn.com/news/deals/mergers/reports/869059040.html