Document:

EX 10.1

    EXHIBIT
      10.1

     

    Letter
      of Agreement 

     

    This
      Letter of Agreement is effective the 11 May 2005 by and between the Guano
      Distributors, Inc with offices at 9171 Wilshire Blvd, Suite B, Beverly Hills,
      California 90210("The Company"), and Sociaf LDA a corporation duly formed under
      the laws of Angola with Principle offices at Rua Da Liga Africana No 21, Luanda,
      Angola, Africa. (Herein called "Sociaf LDA") 

     

    Recitals
      

     

    
      	A.	
              "The
                Company" desires to Obtain a distribution agreement " to distribute
                Bat
                Guano to the continental United States of America, Europe, Asia and
                the
                Middle East. 

            

    

     

    
      	B.	
              Sociaf
                LDA represents that it has in excess of 350,000 tons of Bat Guano
                Located
                150
                Miles South of Luanda
                desires to enter into such agreement with the "The Company”.
                

            

    

     

    Now,
      therefore in consideration of the foregoing premises and the covenants herein
      contains, the parties hereto mutually agree as follows. 

     

    
      	1.	
              Agreement
                

            

    

     

    
      	a.	
              "Sociaf
                LDA " agrees to enter into this agreement with "The Company" to supply
                the
                Product to "The Company". 

            

    

     

    
      	b.	
              "The
                Company" agrees to enter into this agreement with Sociaf LDA " to
                Purchase
                and distribute the Product from "Sociaf LDA".

            

    

     

    
      	c.	
              "Purchase
                and Distribute" is defined as listed in Addendum A and Addendum
                B

            

    

    
 

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    
      	d.	
              The
                term of this agreement is from the date of execution of this agreement
                until May 11, 2008 and is renewable subject to written approval from
                both
                parties within 30 days prior to 11 May
                2008.

            

    

     

    
      
        	a.	
                Ownership
                  of Land, Machinery, Licences, Product and Mining rights shall remain
                  the
                  sole property of “Sociaf
                  LDA”.

              

      

    

     

    
      	b.	
              "Sociaf
                LDA" has complete and unrestricted right to sell and distribute its
                product worldwide.

            

    

     

    Letter
      of Agreement - Continued 

     

    
      	3.	
              Notices
                

            

    

     

    All
      notices, requests, demands, instructions, and other communications shall be
      in
      writing, and shall be addressed respectively as follows: 

     

    If
      to :
      Sociaf LDA 

     

     

    Mr.
      Jose filipe Albuquerque Oliveira 

     

    Rua
      de Liga, Africana N0 21,

     

     

     

    If
      to Company: 

     

    ------------------------------------
      

     

    CEO
      

     

    Robert
      C Russell

     

    9171
      Wilshire Blvd. 

     

    Suite
      B 

     

    Beverly
      Hills, California 90210 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	4.	
              Additional
                Projects 

            

    

     

    "The
      Company" and "Sociaf LDA" agree that under joint mutual agreement future and
      additional business opportunities and distribution that would rely on Product
      demand and business structures developed within and for this agreement can
      be
      included under this agreement by jointly agreeing to additional addendums to
      be
      attached to this agreement. 

     

    
      	5.	
              Distribution
                Agreement 

            

    

     

    The
      Company agrees that it will only distribute Bat Guano supplied by Sociaf LDA
      and
      agreements contained within this Letter of Agreement for the term of the
      agreement. 

     

    
      	6.	
              Agreement
                

            

    

     

    It
      is
      expressly understood that this agreement only allows the Company to use the
      product supplied and agreed to in this Agreement 

     

    
      	7.	
              Applicable
                Law; Jurisdiction. 

            

    

     

    This
      Agreement is made and entered into in Luanda Angola, Africa. and the rights
      and
      obligations of the parties hereto, shall be interpreted and enforced in
      accordance with and governed by the laws Angola. Each Member consents to the
      jurisdiction of the courts of Angola in the event any action is brought for
      declaratory relief or enforcement of any of the terms and provisions of this
      Agreement. 

     

    
      	8.	
              Entire
                Agreement 

            

    

     

    This
      Agreement constitutes the entire agreement between "The Company" and" Sociaf
      LDA" and supercedes all prior agreements whether oral or written with respect
      to
      the subject matter thereof. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    In
      witness whereof, the parties hereto agree to the terms in this Letter of
      Agreement. 

     

    
      
        	
                By:
                  /s/ Robert Russel

              	 	
                By:
                  /s/ Mr.
                  Jose filipe Albuquerque Oliveira

              
	
                Name:
                  Robert C Russell

              	 	
                Name:
                  Jose filipe Albuquerque Oliveira

              
	
                Its:
                  CEO

              	 	
                Its:
                  CEO

              
	 	 	 
	
                Date:11
                  May 2005

              	 	
                Date:11
                  May 2005

              

      

    

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    Addendum
      A 

     

    Sociaf
      LDA" Responsibilities to Supply

     

    
      	1.0	
              provide
                quality product packaging, shipping under the brand label of Eco
                Land.

            

    

     

    
      	2.0	
              Sociaf
                LDA to interact with the Company management team on all management
                related issues relating to Product
                delivery.

            

    

     

    
      	3.0	
              Project
                Director to work with the Company team for the ongoing management
                and rollout of the Product distribution.

            

    

     

    
      	4.0	
              Sales
                Person to work with the Company.

            

    

    

    

    

    The
      Company" Responsibilities to Supply 

     

    
      	1.0	
              Provide
                first line call support for receiving of orders and first line service
                calls from customers. 

            

    

     

    
      	2.0	
              Provide
                qualified Manpower, support and information to work sales
                representatives.

            

    

     

    
      	3.0	
              Provide
                Letter Of Credit or similar financial instrument per each purchase
                order
                within 7 days upon approval from Sociaf LDA.

            

    

     

    
      	4.0	
              Payment
                of $150,000 due on within 45 days after signing of contract.
                

            

    

     

    
      	5.0	
              Funds
                to be in US currency via wire transfer and drawn on a USA bank unless
                jointly agreed by both parties.Exhibit
      10.1

    

    

    PROMISSORY
      NOTE

    

    
      	$100,000.00	January 18,
              2007

    

           

    FOR
      VALUE
      RECEIVED, the undersigned, VOIP, INC., a Texas corporation ("Debtor"), promises
      to pay to the order of ALPHA CAPITAL ANSTALT, or its successors or assigns
      ("Lender"), on February 2, 2007 or on demand ("Maturity Date") at Pradafant
      7,
      9490 Furstentums, Vaduz, Lichtenstein, Fax: 011-42-32323196, or at such other
      place as the Lender may designate from time to time in writing to the Debtor,
      in
      lawful money of the United States of America, the principal sum of One Hundred
      Thousand Dollars ($100,000.00), together with interest on the unpaid principal
      balance of this Note from the date hereof until paid at twelve percent (12%)
      per
      annum. In the event of Debtor's default hereunder, interest on amounts past
      due
      pursuant to this Note shall be paid at a rate of eighteen percent (18%) per
      annum. Interest shall be computed on the basis of a 360-day year.

    

    The
      delay
      or failure to exercise any right hereunder shall not waive such right. The
      undersigned hereby waives demand, presentment, protest, notice of dishonor
      or
      nonpayment, notice of protest, any and all delays or lack of diligence in
      collection hereof and assents to each and every extension or postponement of
      the
      time of payment or other indulgence.

    

    The
      Lender may, at any time, present this Note or any sum payable hereunder to
      the
      Debtor in satisfaction of any sum due or payable by the Lender to Debtor for
      any
      reason whatsoever including but not limited to the payment for securities
      subscriptions. Lender will receive a credit of one hundred and ten percent
      (110%) of the amount payable hereunder against the purchase price for such
      securities subscriptions.

    

    In
      the
      event of default hereunder such that this Note is placed in the hands of an
      attorney for collection (whether or not suit is filed), or if this Note is
      collected by suit or legal proceedings or through bankruptcy proceedings, Debtor
      agrees to pay reasonable attorney’s fees and expenses of
      collection.

    

    This
      Note
      shall be governed by, and construed and interpreted in accordance with, the
      laws
      of the State of New York. Exclusive jurisdiction relating to this Note shall
      vest in courts located in New York State.

    

    IN
      WITNESS WHEREOF, the undersigned has duly executed and delivered this Note
      the
      date and year first above written.

     

    
      	 	 	 
	 	VOIP
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Name: Robert
              Staats
	 	Title:
               Chief
              Accounting Officer

     

    

    ATTEST:

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