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<DIV><FONT face=Arial size=2>Hi,</FONT></DIV>
<DIV><FONT face=Arial size=2>We are looking for a 150 000 euros investment for
launch VoIP services (PROJECT 1):</FONT></DIV>
<DIV><FONT face=Arial size=2>- IPCentrex in France</FONT></DIV>
<DIV><FONT face=Arial size=2>- VoIP minutes trading</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>If you don't want invest 150 000 euros, it's not a
problem for us having more than one associates.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>NB : I'm looking for a 2 millions of dollars
investment too for a bigger project, but the dead-line is 1st september 2005. If
you want i've a business plan in french for this project (PROJECT
2)</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Best Regards,</FONT></DIV>
<DIV><FONT face=Arial size=2>Mr. MAINGAULT</FONT></DIV></BODY></HTML>