Exhibit 10.31 FIN0VA FINANCIAL INNOVATORS Via: FEDERAL EXPRESS -------------------- February 8, 2001 Mr. Angelo Tullo President & Chief Executive Officer TELCO BILLING, INC. 4840 East Jasmine Street, Suite 105 Mesa, AZ 85205 FINOVA CAPITAL CORPORATION...Forbearance Letter Agreement • July 8th, 2003 • Yp Net Inc • Services-computer programming services • California
F I N 0", o0A' FINANCIAL INNOVATORS Via: FEDERAL EXPRESS -------------------- February 8, 2001 Mr. Angelo Tullo President & Chief Executive Officer TELCO BILLING, INC. 4840 East Jasmine Street, Suite 105 Mesa, AZ 85205 FINOVA CAPITAL CORPORATION...Forbearance Letter Agreement • February 14th, 2001 • Yp Net Inc • Services-computer programming services • California