|Randolph S.
      Hudson
|------------------------

Post Office Box
      202
    
    Area Code
      585Wyoming, New
      York 14591
    
    Telephone 495
      6907


Telecopier (585) 486-1288

E-MailRandolphSHudson@Rochester.rr.com

June 26,
2005



|Kay
      Galster,SecretaryNATIONAL STOCK TRANSFER, INC.Suite B1512 South 1100 EastSalt Lake City, Utah
      84105-2425
|------------------------------------------------------------------------------------------------------------------------



| | Subject:
      Termination of Interest
| | --------------------------------------



|Dear Ms.
      Galster:
|-----------------------

On or about May 14, 2005, I delivered a letter to
your firm, wherein, I indicated that I had an interest to utilize National Stock
Transfer's services (those being as that of stock transfer agent and that of
registrar) for a fully reporting company that I controlled, and that was in need
of a qualified firm's stock transfer agency and registrar services.

The company in question that I control is Cartoon
Acquisition, Inc., a Delaware corporation ("Cartoon"), and its Board of
Directors authorized me, in my capacity as President and Chief Executive
Officer, to nominate a qualified firm to provide the services mentioned
hereinabove.

From a historical perspective, prior to that date,
Gerald Timothy of Heritage Ltd, LLC, a Utah limited liability company, indicated
to me that he located a stock transfer agent and registrar that may qualify for
appointment by Cartoon's Board of Directors, and, subsequently, which might
qualify to be confirmed to serve by the definitive action of Cartoon's
shareholders.

I was grateful to Mr. Timothy for his efforts on
my behalf and for his timely introduction of me to your firm. Furthermore, as
the result of my timely introduction of your firm to me, in order to expedite
any future arrangement between your firm and Cartoon, I delivered photocopies of
Cartoon's minute book, organizational data, stock transfer ledger, and other
miscellany documents to your firm.

Around that time, in my pursuance of achieving
Cartoon's publicly-stated business objectives (and, in the process, intending to
create the best value for Cartoon's shareholders), Cartoon's Board of Directors
deliberated over a prospective merger with a company named Mercosur Telephone
& Telegraph Co., Inc., a Delaware corporation ("Mercosur"). The principal
shareholder of Mercosur was introduced to me by Mr. Timothy, too.

However, as the result of my due-diligence, and,
after learning of certain events that constituted one or more defaults under my
agreement with Mercosur's principal shareholder, Financial Technology Research
Corporation ("Fintek"), I elected to rescind my transaction with Fintek,
thereby, terminating my purchase of the principal number of shares, in-majority,
of Mercosur's stock.

National
Stock Transfer, Inc., Kay Galster, Page 1 of 2 of June 26, 2005

---

My understanding, by my nomination of your firm to
represent Cartoon as its stock transfer agent and registrar, based upon
Cartoon's long-term development objectives, it was determined that another firm,
which is geographically better situated to assist Cartoon and that offered
Cartoon a wider range of services more suited to Cartoon's development needs,
Cartoon's shareholders did not ratify the Board of Directors' conditional
nomination of your firm to represent it.

I apologize for any inconvenience that this
prospective transaction may have caused your firm; however, as you were not
formally retained by Cartoon, and, because Cartoon's shareholders did not
formally ratify Cartoon's agreement with your firm, the inconvenience should be
limited to nothing more than the loss of your firm's time to have contacted me,
both by telephone and electronically; in the worst case, a lost prospective
sale's call to my firm.

Regretfully, I must inform your firm that Cartoon
is not designating and appointing National Stock Transfer, Inc. to represent or
to serve it at this time.

If I may be of further assistance to you in this
matter, please do not hesitate to contact me at (585) 495-6907.

Once again, thank you for your time. Perhaps, on
some future date, we may discuss the prospect of your firm's representation of
my select business interests.

Very truly yours,

/s/ Randolph S.
Hudson



|RSH:sui
|-------



|cc:
      Stephen D. Rogoff, Esq.
|---------------------------------

National
Stock Transfer, Inc., Kay Galster, Page 2 of 2 of June 26, 2005

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