Document:

Exhibit 10.1

                                STOCK OPTION PLAN

                                       OF

                           NEVADA HOLDING GROUP, INC.

     SECTION 1 - DESCRIPTION OF PLAN. The Stock Option Plan (the "Plan"), of the
Nevada Holding Group,  Inc. (the "Company"),  a corporation  organized under the
laws of the State of Nevada.  Under this Plan,  key  employees of the Company or
any present and future  subsidiaries  of the Company to be selected as set forth
below may be granted  options (the  "Options") to purchase  shares of the Common
Stock,  par value,  $0.001 per  share,  of the  Company  ("Common  Stock").  For
purposes of this Plan, the term  "subsidiary"  means any corporation 50% or more
of the voting stock of which is owned by the Company or by a  subsidiary  (as so
defined) of the Company.  It is intended  that the Options  under this Plan will
either qualify for treatment as incentive stock options under Section 422 of the
Internal  Revenue  Code of 1986,  as  amended  (the  "Code")  and be  designated
"Incentive  Stock  Options" or not qualify for such  treatment and be designated
"Non-qualified Stock Options".

     SECTION  2 -  PURPOSE  OF PLAN.  The  purpose  of the Plan and of  granting
options  to  specified  employees  is to further  the  growth,  development  and
financial  success of the Company and its  subsidiaries by providing  additional
incentives to certain key employees holding  responsible  positions by assisting
them in  acquiring  shares of  Common  Stock and to  benefit  directly  from the
Company's growth, development and financial success.

     SECTION 3 -  ELIGIBILITY.  The  persons  who shall be  eligible  to receive
grants  of  Options  under  this  Plan  shall be the  directors,  officers,  key
employees and  consultants of the Company or any of its  subsidiaries.  A person
who holds an Option is herein referred to as an "Optionee". More than one Option
may be granted to any one Optionee,  however no Optionee may be granted  options
to purchase an aggregate  number of shares of Common  Stock  amounting to thirty
percent (30%) or more of the total number of shares that may be issued  pursuant
to this Plan upon the exercise of Options granted hereunder.

For Incentive Stock Options,  the aggregate fair market value (determined at the
time the Option is granted) of the Common Stock with respect to which  incentive
stock  options are  exercisable  for the first time by any  Optionee  during any
calendar  year (under all  Incentive  Stock  Option  plans of the Company or any
subsidiary  which are qualified  under Section 422 of the Code) shall not exceed
$1,000,000.00.
<PAGE>
     SECTION 4 -- ADMINISTRATION.  The Plan shall be administered by a committee
(the "Option Committee") to be composed of at least two "disinterested" (as such
term is used in Rule 16b-3  promulgated  under the  Securities  Exchange  Act of
1934) members of the Board of Directors of the Company (the "Board"). Members of
the Option Committee shall be appointed,  both initially and as vacancies occur,
by the Board, to serve at the pleasure of the Board.  The entire Board may serve
as the  Option  Committee,  if by the terms of this Plan all Board  members  are
otherwise  eligible to serve on the Option  Committee.  No person may serve as a
member of the Option  Committee  if such  person (a) is  eligible  to receive an
Option  under the Plan or under  any other  plan of the  Company  entitling  the
participants  to acquire  Common Stock or stock options of the Company or any of
its  affiliates  (other than plans excluded by Rule  16b-3(c)(2))  or (b) was so
eligible at any time within the preceding  one-year period. The Option Committee
shall  meet at such  times and places as it  determines  and may meet  through a
telephone conference call. A majority of its members shall constitute quorum and
the decision of a majority of those  present at any meeting at which a quorum is
present  shall  constitute  the decision of the Option  Committee.  A memorandum
signed  by all of its  members  shall  constitute  the  decision  of the  Option
Committee without necessity,  in such event, for holding an actual meeting.  The
Option Committee is authorized and empowered to administer the Plan and, subject
to the  Plan,  including  the  provisions  of  Section  17,  (i) to  select  the
Optionees, to specify the number of shares of Common Stock with respect to which
Options are granted to each Optionee,  to specify the Option Price and the terms
of the Options and in general to grant Options; (ii) to determine the dates upon
which Options shall be granted and the terms and conditions  thereof in a manner
consistent  with this Plan,  which terms and conditions need not be identical as
to the various Options granted;  (iii) to interpret the Plan; (iv) to prescribe,
amend and rescind rules  relating to the Plan (v) to accelerate  the time during
which an Option may be exercised,  notwithstanding  the provisions of the Option
Agreement  (as defined in Section  12)  stating the time during  which it may be
exercised;  (vi) to  accelerate  the date by which any  unexercised  but  vested
portion of an Option terminates,  thereby requiring the Optionee to exercise the
vested  unexercised  portion of such Option or forfeit it, but in no event shall
such  date be less  than two (2)  weeks  later  than the  date the  Optionee  is
informed of such acceleration; and (vii) to determine the rights and obligations
of  participants  under the Plan. The  interpretation  and  construction  by the
Option  Committee of any provision of the Plan or of any Option granted under it
shall be final. No member of the Option Committee shall be liable for any action
or  determination  made in good  faith  with  respect  to the Plan of any Option
granted under it.

     SECTION 5 -- SHARES SUBJECT TO THE PLAN. The aggregate  number of shares of
Common Stock which may be purchased pursuant to the exercise of Options (whether
Incentive Stock Options or  Non-qualified  Stock Options) granted under the Plan
shall not exceed 500,000  shares.  Upon the  expiration or  termination  for any
reason of an  outstanding  Option which shall not have been exercised in full or
upon the repurchase by the Company of shares of Common Stock issued  pursuant to
rights of repurchase,  any shares of Common Stock then remaining un-issued which
shall have been  reserved  for issuance  upon such  exercise or which shall have
been  repurchased  shall again become  available  for the granting of additional
Options under the Plan.

                                       2
<PAGE>
     SECTION 6 -- OPTION  PRICE.  Except as provided in Section 11, the purchase
price per share (the "Option  Price") of the shares of Common  Stock  underlying
each Option  shall not be less than the fair market  value of such shares on the
date of granting the Option.  Such fair market value shall be  determined by the
Option  Committee on the basis of reported  closing sales price on such date or,
in the absence of reported sales price on such date, on the basis of the average
of reported  closing bid and asked prices on such date. In the absence of either
reported  sales price or reported  bid and asked  prices,  the Option  Committee
shall determine such market value on the basis of the best available evidence.

     SECTION 7 -- EXERCISE OF OPTIONS.  Subject to all other  provisions of this
Plan,  each Option shall be exercisable  for the full number of shares of Common
Stock subject  thereto,  or any part thereof,  in such  installments and at such
intervals  as the Option  Committee  may  determine  in  granting  such  Option,
provided that (i) each Option shall become fully  exercisable no later than five
(5) years  from the date the  Option is  granted,  (ii) the  number of shares of
Common Stock subject to each Option shall become  exercisable  at the rate of at
least 20% per year, each year until the Option is fully exercisable and (iii) no
option may be exercisable  subsequent to its termination date. Each Option shall
terminate  and expire and shall no longer be subject to exercise,  as the Option
Committee may determine in granting such Option,  but in no event later than ten
years after the date of grant  thereof.  The Option  shall be  exercised  by the
Optionee by giving written notice to the Company specifying the number of shares
to be purchased and  accompanied by payment of the full purchase price therefore
in cash, by check or in such other form of lawful consideration as the Board may
approve  from  time to  time,  including,  without  limitation  and in the  sole
discretion  of the Board,  the  assignment  and  transfer by the Optionee to the
Company of outstanding  shares of the Company's Common Stock theretofore held by
Optionee.

     SECTION 8 -- ISSUANCE OF COMMON STOCK.  The  Company's  obligation to issue
shares of its Common Stock upon exercise of an Option  granted under the Plan is
expressly  conditioned upon the completion by the Company of any registration or
other  qualification of such shares under any state and/or federal law or ruling
or regulations  or the making of such  investment or other  representations  and
undertakings  by the  Optionee  (or  his or her  legal  representative,  heir or
legatee,  as the case may be) in order to comply  with the  requirements  of any
exemption from any such registration or other qualification of such shares which
the Company in its sole  discretion  shall deem  necessary  or  advisable.  Such
required  representations  and  undertakings  may  include  representations  and
agreements  that  such  Optionee  (or his or her legal  representative,  heir or
legatee):  (a) is purchasing such shares for investment and not with any present
intention of selling or otherwise  disposing  thereof;  and (b) agrees to have a
legend  placed upon the face and  reverse of any  certificates  evidencing  such
shares (or,  if  applicable  and  appropriate  data entry made in the  ownership
records of the Company)  setting forth (i) any  representations  and undertaking
which such Optionee and undertaking which such Optionee has given to the Company
or a reference thereof, and

                                       3
<PAGE>
(ii) that, prior to effecting any sale or other  disposition of any such shares,
the Optionee must furnish to the Company an opinion of counsel,  satisfactory to
the Company and its counsel,  to the effect that such sale or  disposition  will
not violate the applicable requirements of state and federal laws and regulatory
agencies.  The Company will make a  reasonable  good faith effort to comply with
such state and/or  federal laws,  rulings or regulations as may be applicable at
the time the Optionee (or his or her legal  representative,  heir or legatee, as
the case may be) wishes to exercise an Option,  provided  that the  Optionee (or
his or her legal  representative,  heir or legatee) also makes a reasonable good
faith effort to comply with said laws, rulings and regulations;  however,  there
can be no assurance that either the Company or the Optionee (or his or her legal
representative,  heir or  legatee),  each in the  respective  exercise  of their
reasonable  good faith  business  judgment,  will in fact comply with said laws,
ruling and regulations.

     SECTION  9  --  NONTRANSFERABILITY.   No  Option  shall  be  assignable  or
transferable,  except that an Option may be  transferable by will or by the laws
of descent and distribution or pursuant to qualified domestic relations order as
defined by the Code or Title I of the Employee  Retirement  Income Security Act,
or the rules there under,  provided such Option  explicitly so provides.  During
the  lifetime  of an  Optionee,  any  Option  granted  to him or  her  shall  be
exercisable  only by him or her.  After the  death of an  Optionee,  the  Option
granted to him (if so transferable) may be exercised,  prior to its termination,
only by his or her legal  representative,  his legatee or a person who  acquired
the right to exercise the Option by reason of the death of the Optionee.

     SECTION 10 -- RECAPITALIZATION, REORGANIZATION, MERGER OR CONSOLIDATION. If
the outstanding shares of Common Stock of the Company are increased,  decreased,
or  exchanged  for  different   securities   through   reorganization,   merger,
consolidation,  recapitalization,  reclassification, stock split, stock dividend
or like capital adjustment,  a proportionate adjustment shall be made (a) in the
aggregate  number of shares of Common Stock which may be  purchased  pursuant to
the  exercised of Options  granted under the Plan, as provided in Section 5, and
(b) in the number,  price, and kind of shares subject to any outstanding  Option
granted under the Plan.

Upon the  dissolution or liquidation of the Company or upon any  reorganization,
merger,  or  consolidation in which the Company does not survive or in which the
equity ownership of the Company prior to such  transaction  represents less than
50% of the equity ownership of the Company  subsequent to the  transaction,  the
Plan and each outstanding Option shall terminate; provided that the Company will
give written notice thereof each Optionee at least thirty (30) days prior to the
date of such dissolution, liquidation,  reorganization, merger or consolidation,
and in such event (a) the  Company  may,  but shall not be  obligated  to,  with
respect  to  each  Optionee  who is not  tendered  an  option  by the  surviving
corporation  in accordance  with all of the terms of provision  (b)  immediately
below,  grant  the  right,  until ten days  before  the  effective  date of such
dissolution, liquidation,  reorganization, merger or consolidation, to exercise,
in whole or in part,  any  un-expired  Option or  Options  issued to him or her,
without regard to the installment  provisions of said Option and of Section 7 of
the Plan; or

                                       4
<PAGE>
(c) in its sole and absolute  discretion,  the  surviving  corporation  may, but
shall not be so  obligated,  tender to any  Optionee  an  Option or  Options  to
purchase  shares of the  surviving  corporation  and such new  Option or Options
shall contain such terms and  provisions  as shall be required to  substantially
preserve the rights and benefits of any Option then outstanding under the Plan.

To the extent that the  foregoing  adjustments  relate to stock or securities of
the Company, such adjustments shall be made by the Board, whose determination in
that  respect  shall be final,  binding and  conclusive.  Except as  hereinafter
expressly  provided in this Section 10, (a) the Optionee shall have no rights by
reason of any  subdivision or  consolidation  of shares of stock of any class or
the  payment of any stock  dividend  or any other  increase  or  decrease in the
number of shares of stock of any class and (b) the  number or price of shares of
Common Stock  subject to any Option  shall not be affected by and no  adjustment
shall be made by reason of, any dissolution, liquidation, reorganization, merger
or  consolidation,  or any  issuance  by the  Company  of shares of stock of any
class,  or rights to purchase or subscribe  for stock of any class or securities
convertible into shares of stock of any class.

The grant of an Option  under the Plan  shall not affect in any way the right or
power of the Company to make  adjustments,  reclassifications  or changes in its
capital or business structures or to merge,  consolidate,  dissolve or liquidate
or to sell or transfer all or any part of its business or assets.

     SECTION 11 - SUBSTITUTE  OPTIONS. If the Company at any time should succeed
to the  business of another  corporation  through a merger or  consolidation  or
through the acquisition of stock or assets of such  corporation,  Options may be
granted  under  the  Plan  to  those  employees  of  such   corporation  or  its
subsidiaries  who, in connection with such  succession,  become employees of the
Company or its  subsidiaries,  in substitution  for Options to purchase stock of
such  corporation  held by them at the time of succession.  The Option Committee
shall, in its sole and absolute  discretion,  determine the extent to which such
substitute  Options  shall be  granted  (if at all),  the  person or  persons to
receive  such  substitute  Options  (who  need  not be  all  Optionees  of  such
corporation),  the number of Options to be  received  by each such  person,  the
Option Price of such Option (which may be determined  without  regard to Section
6) and the terms and conditions of such substitute options;  provided,  however,
that the Option  Price of each such  substituted  Option shall be an amount such
that,  in the  sole  and  absolute  judgment  of  the  Option  Committee  and in
compliance  with Section  424(a) of the Code, the economic  benefit  provided by
such Option is not greater than the economic  benefit  represented by the option
in the acquired corporation as of the date of the Company's  acquisition of such
corporation. Notwithstanding anything to the contrary herein, no Option shall be
granted, not any action taken,  permitted or omitted, which would cause the Plan
or any Options  granted  hereunder  as to which Rule 16b-3 under the  Securities
Exchange Act of 1934 may apply, not to comply with such Rule.

                                       5
<PAGE>
     SECTION 12 -- OPTION AGREEMENT. Each Option granted under the Plan shall be
evidenced  by a written  stock  option  agreement  executed  by the  Company and
accepted by the  Optionee,  which (a) shall contain each of the  provisions  and
agreements  herein  specifically  required to be  contained  therein,  (b) shall
contain terms and conditions  permitting such Option to qualify for treatment as
an  incentive  stock  option  under  Section  422 of the Code if the  Option  is
designated  an  Incentive  Stock  Option,  (c) may contain the  agreement of the
Optionee to resell any Common Stock  issued  pursuant to the exercise of Options
granted  under the Plan to the Company (or its assignee) for the Option Price of
such Options to the extent any vesting  restrictions apply to such Common Stock,
or for the then fair market value of such Common  Stock if no such  restrictions
then apply,  (d) may contain the  agreement of the Optionee  granting a right of
first  refusal to the Company (or its  assignee) on transfers of Common Stock no
subject  to  vesting  restrictions  and (e) may  contain  such  other  terms and
conditions  as  the  Option   Committee   deems  desirable  and  which  are  not
inconsistent   with  the  Plan.  With  regard  to  agreements  of  the  Optionee
contemplated by items (c) and (d) of the previous sentence, the Company's rights
pursuant to a right of first refusal and,  notwithstanding any other termination
provisions, the Company's right to repurchase vested shares shall terminate upon
the  closing of the first sale of the Common  Stock of the Company to the public
pursuant to a registration  statement filed with, and declared  effective by the
Securities and Exchange Commission under the Securities Act of 1933, as amended,
with  gross  proceeds  to the  Company  as seller of not less than $7.5  million
before  deducting   underwriting   commissions,   or  upon  the  liquidation  or
dissolution of the Company.

     SECTION 13 -- RIGHTS AS A  SHAREHOLDER.  An Optionee or a transferee  of an
Option shall have no rights as a shareholder  with respect to any shares covered
by this Option until exercise thereof,  except that each Optionee shall have the
right to  receive  a copy of the  Company's  audited  financial  statements  (if
available)  no later than 120 days  following the end of each fiscal year of the
Company.  No adjustment shall be made for dividends  (Ordinary or extraordinary,
whether in cash,  securities or other property) or distributions or other rights
of which the record  date is prior to the  exercise  date,  except as  expressly
provided in Section 10.

     SECTION 14 --  TERMINATION  OF OPTIONS.  Each Option granted under the Plan
shall set forth a termination  date thereof,  which date shall not be later than
ten years from the date such Option is granted.  In any event, all Options shall
terminate an expire upon the first to occur of the following events:

     (a)  the  expiration  of  three  months  from  the  date  of an  Optionee's
termination  of  employment  (other than by reason of death),  except that if an
Optionee is then disabled  (within the meaning of Section 22(e)(3) of the Code),
the  expiration  of one year  from the date of such  Optionee's  termination  of
employment; or

     (b) the expiration of one year from the date of the death of an Optionee if
his or her death occurs while he or she is, or not later than three months after
he or she has ceased to be,  employed by the Company or any of its  subsidiaries
in a capacity in which he or she would be eligible to receive  grants of Options
under the Plan; or

                                       6
<PAGE>
     (c) the termination of the Option pursuant to Section 10 of the Plan.

The termination of employment of an Optionee,  by death or otherwise,  shall not
accelerate  or  otherwise  affect the number of shares to which an Option may be
exercised  and such Option may only be exercised  with respect to that number of
shares  which  could have been  purchased  under the Option had the Option  been
exercised by the Optionee on the date of such termination.

     SECTION 15 --  WITHHOLDING  OF TAXES.  The Company may deduct and  withhold
from the wages,  salary, bonus and other compensation paid by the Company to the
Optionee the requisite tax upon the amount of taxable income, if any, recognized
by the  Optionee  in  connection  with the  exercise  in whole or in part of any
Option or the sale of Common Stock issued to the Optionee  upon  exercise of the
Option, all as may be required from time to time under any federal or state laws
and  regulations.  This  withholding  of tax shall be required from time to time
under any federal or state tax laws and  regulations.  This  withholding  of tax
shall be made from the Company's  concurrent  or next payment of wages,  salary,
bonus or other  income to the  Optionee  or by  payment  to the  Company  by the
Optionee of required withholding tax, as the Option Committee may determine.

     SECTION 16 --  EFFECTIVENESS  AND  TERMINATION  OF PLAN.  The Plan shall be
effective  on the date on which it is adopted by the Board;  provided,  however,
(a) the Plan shall be approved  by the  shareholders  of the  Company  within 12
months of such date of adoption by the Board,  (b) no Option  shall be exercised
pursuant to the Plan until the Plan has been approved by the shareholders of the
Company,  and (c) no Option may be granted hereunder on or after that date which
is ten years from the effective date of the Plan. The Plan shall  terminate when
all Options granted hereunder either have been fully exercised and all shares of
Common  Stock which may be  purchased  pursuant to the  exercise of such Options
have been so purchased, or have expired; provided,  however, that the Board may,
in its absolute discretion, terminate the Plan at any time. No such termination,
other than as  provided  for in  Section 10 hereof,  shall in any way affect any
Option then outstanding.

     SECTION 17 -- AMENDMENT OF PLAN. The Board may (a) make such changes in the
terms and  conditions of granted  Options as it deems  advisable,  provided each
Optionee  affected by such change consents  thereto and (b) make such amendments
to the Plan as it deems  advisable.  Such  amendments and changes shall include,
but not be  limited  to;  acceleration  of the time at which  an  Option  may be
exercised,  but may not,  without the written consent or approval of the holders
of a majority of that voting stock of the Company  which is  represented  and is
entitled to vote at a duly held  shareholders  meeting (a)  increase the maximum
number of shares subject to Options,  except pursuant to Section 10 of the Plan,
(b)  decrease  the Option  Price  requirement  contained in Section 6 (except as
contemplated by Section 11) of the Plan, (c) change the designation of the class
of employees eligible to receive Options,

                                       7
<PAGE>
(d) modify the limits set forth in Section 3 of the Plan  regarding the value of
Common  Stock  for  which  any  Optionee  may be  granted  Options,  unless  the
provisions  of Section  422(d) of the Code are  likewise  modified or (e) in any
manner materially increase the benefits accruing to participants under the Plan.

BE IT RESOLVED:

     The terms and  conditions  of this Stock  Option  Plan are  accepted by the
Corporation on this 28th day of October 1999.

/s/ Melanie S. Meinders
-----------------------------------
Melanie S. Meinders
Chief Executive Officer
Chairman of the Board                                     SEAL
Nevada Holding Group, Inc.
                                                       SEAL AFFIXED

                                       8Exhibit 10.2

                                    TMA, INC.
                           4729 LOMAS SANTE FE STREET
                          LAS VEGAS, NEVADA 89147-6028

                                LETTER OF INTENT

November 24, 1999

Terra Moya Aqua, Inc.
Mr. Ronald J. Taylor
President
2020 Carey Avenue
Cheyenne, Wyoming 82001

     RE:  PROPOSED  EXCHANGE  OF  SHARES OF TERRA  MOYA  AQUA,  INC.,  A WYOMING
          CORPORATION  FOR SHARES OF TMA, INC., A NEVADA  CORPORATION ON A SHARE
          FOR SHARE BASIS.

Dear Mr. Taylor:

This Letter of Intent  will  reflect the mutual  intent of TMA,  Inc.,  a Nevada
corporation  and Terra Moya Aqua,  Inc.,  a Wyoming  corporation  regarding  the
exchange of common  shares of TMA,  Inc.  in exchange  for all of the issued and
outstanding common shares of Terra Moya Aqua, Inc. on a share for share basis.

As a result of the transactions  ("Transactions") contemplated by this Letter of
Intent,  TMA, Inc. will acquire all the  outstanding  shares of Terra Moya Aqua,
Inc. upon the terms and  conditions  provided  herein and any  additional  terms
which will be set forth by mutual written consent of both corporations.

     1.   CLOSING DATE. The Closing Date shall be as soon as  practicable  after
          (i)  the  completion  of the  registration  statement  and  subsequent
          listing on the NASDAQ  Bulletin Board of the shares of TMA, Inc., (ii)
          the  completion of the Private  Placement,  dated November 29, 1999 by
          Toya Moya Aqua, Inc. or (iii) any date that is mutually agreed upon in
          writing by both corporations.
<PAGE>
TMA, INC.
LETTER OF INTENT
PAGE 2

     2.   ACQUISITION  OF STOCK.  On the date of  closing  of this  transaction,
          Terra Moya Aqua, Inc. will transfer to TMA, Inc. all of its issued and
          outstanding  shares in exchange for Common  Shares of TMA,  Inc.  This
          exchange  is intended  to qualify as a tax-free  reorganization  under
          Section 368 of the Internal  Revenue Code of 1986,  as amended and the
          TMA, Inc. Common Shares will be received on a tax-free basis. The TMA,
          Inc. Common Shares will be "restricted  securities" as defined in Rule
          144 under the Securities Act of 1934 and an appropriate legend will be
          placed on the certificates  representing such shares and stop transfer
          orders placed against them.

     3.   REGISTRATION  STATEMENT.  A registration  statement will be filed with
          the Securities and Exchange Commission to register the shares of Terra
          Moya Aqua, Inc. that are purchased  pursuant to the Private  Placement
          dated  November  29, 1999.  Upon the  completion  of the  registration
          statement these shares will become free trading.

     4.   STOCK CONDITIONS. On the date of closing there shall be no outstanding
          subscriptions,  options, rights,  warrants,  convertible securities or
          other  agreements or commissions  obligating  Terra Moya Aqua, Inc. to
          issue or transfer any  additional  shares of its capital  stock of any
          class.

     5.   FINANCIALS.  Prior to  closing,  Terra Moya Aqua,  Inc.  will  provide
          audited financial statements for the year ending December 31, 1999.

     6.   FINDERS FEES.  Both Terra Moya Aqua,  Inc. and TMA, Inc. agree that no
          finders fees are owed. Both parties hereby indemnify and hold harmless
          the other party from any such obligation.

     7.   BOARD OF  DIRECTORS.  The Board of Directors and officers of TMA, Inc.
          will resign upon the completion of the acquisition of Terra Moya Aqua,
          Inc.  Upon the  resignation  of the current  officers and directors of
          TMA,  Inc. a new Board of Directors  and officers  shall be appointed.
          The officers and  directors of Terra Moya Aqua,  Inc.  will become the
          officers and directors of TMA, Inc.
<PAGE>
TMA, INC.
LETTER OF INTENT
PAGE 3

     8.   ONE  INSTRUMENT.  This Letter of Intent may be executed in two or more
          counterparts,  each of which shall be deemed an  original,  but all of
          which together shall constitute one and the same instrument.

     9.   BINDING  EFFECT.  The parties intend to proceed with the  transactions
          contemplated herein. Each party shall promptly notify the other of its
          progress on the matters specified herein.

Sincerely,

/s/ Melanie S. Meinders                 APPROVED AND AGREED to this
--------------------------              24th day of November 1999
Melanie S. Meinders                     TERRA MOYA AQUA, INC
Chief Executive Officer

                                            /s/ Ronald J. Taylor
                                            ------------------------------------
                                        By: Ronald J. Taylor
                                            Chief Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00020-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00020-of-00352.parquet"}]]