EXHIBIT 10.3
SPECIAL ACKNOWLEDGMENT
TO: Talk Visual Corporation
FROM: Xxxxxx Xxxxxx
RE: Talk Visual Corporation ("TVCP") sale to Xxxxxx Xxxxxx
The sale by TVCP of 100 common shares and 500,000 preference
shares in the capital of The Ontario International Property
Corporation ("TOIPC")
In connection with the above referenced sale and a Purchase Agreement dated May
10, 2001, the undersigned acknowledges that there is no indebtedness due from
TVCP to TOIPC.
DATED at Toronto, Ontario this 16th day of May, 2001.
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Witness ) XXXXXX X. XXXXXX