Replies to post #13452 on Netco Investments, Inc (fka NCVT)

[serfdom]

[December 01, 2004]

Telatinos Secures $20 Million Equity Financing

MIAMI --(Business Wire)-- Dec. 1, 2004 -- Telatinos Inc. (OTC: TLTA), a Latin American IP-based VoIP service provider, today announced that the Company has secured $20 million in private equity financing.

The investors are purchasing Class B Preferred shares, which will include dividends, board seats and stock option features. Until the agreement is finalized in early 2005, Telatinos will receive a bridge loan. The Company plans to use the proceeds to support larger sales and support staff for marketing initiatives in Latin America.

http://www.tmcnet.com/usubmit/2004/dec/1097936.htm