EXHIBIT 4.8

                                 AMENDMENT NO. 2
                                       TO
                          CONSULTING SERVICES AGREEMENT

         THIS SECOND AMENDMENT TO CONSULTING SERVICES AGREEMENT, dated March 3,
2005 (the "Second Amendment"), is by and between Michael Park (the
"Consultant"), and NANNACO, Inc., a Texas corporation (the "Client").

                                    RECITALS

         A. The Consultant and the Client entered into a Consulting Services
Agreement dated April 14, 2004, a copy of which is attached hereto as Exhibit A
(the "Agreement"), pursuant to which the Consultant agreed to provide certain
consulting services to the Client.

         B. The Consultant and the Client entered into a Consulting Services
Agreement dated February 3, 2005, a copy of which is attached hereto as Exhibit
B (the "Agreement"), pursuant to which the Consultant agreed to provide certain
consulting services to the Client.

         C. Client and Consultant wish to amend Section 2 and Section 5 of the
Agreement to provide for additional consideration in exchange for additional
consulting services and to extend the term of the Agreement.

                                    AGREEMENT

         NOW, THEREFORE, in consideration of the foregoing, and the mutual
agreements, representations, warranties and covenants contained herein, and for
other good and valuable consideration the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

A. Section 2 of the Agreement shall be deleted in its entirety and is hereby
amended to read as follows:

"2.      Consideration.

                  Client agrees to pay Consultant, as his fee and as
consideration for services provided, 1,500,000 shares of common stock of the
Client, which shares shall be registered on Form S-8 with the United States
Securities and Exchange Commission. By amendment dated February 3, 2005 Client
agrees to pay Consultant an additional 5,000,000 shares of common stock of the
Client, which shares shall be registered on Form S-8. By amendment dated March
3, 2005 Client agrees to pay Consultant an additional 5,000,000 shares of common
stock of the Client, which shares shall be registered on Form S-8. All shares
and certificates representing such shares shall be subject to applicable SEC,
federal, state (Blue sky) and local laws and additional restrictions set forth
herein."

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B. Section 5 of the Agreement shall be deleted in its entirety and is hereby
amended to read as follows:

"5. Termination and Renewal.

(A) Term.

      This Agreement shall become effective on the date set forth above. This
Agreement shall automatically terminate after (6) months (the "Term"). Unless
otherwise agreed upon in writing by Consultant and Client or otherwise provided
herein, any amendment to this Agreement shall automatically have the effect of
extending the Term of the Agreement until the later of one hundred eighty (180)
days following the original Term or for an additional one hundred eighty (180)
days following the date of such amendment."


         IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed and have agreed to and accepted the terms herein on the date written
above.


CLIENT:

                                           NANNACO, INC.


                                           By:
                                               --------------------------
                                           Name: Steve Careaga
                                           Its: CEO


                                           CONSULTANT:


                                           By:
                                               --------------------------
                                           Name: Michael Park



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