$30,000.00 Dallas, Texas November 10, 1998
FOR VALUE RECEIVED, Preferred Voice, Inc., a Delaware corporation promises to pay to the order of
Bisbro Investments Co, Ltd., at P.O. Box 3444, Road Town, Tortola, British Virgin Islands, or at such other
address as the holder hereof may designate, the principal sum of Thirty Thousand Dollars ($30,000.00), together
with interest on the unpaid principal balance from the date hereof until this note is paid in full at a rate of 10% per
Principal and interest shall be payable in one installment on November 10, 1999.
All payments received shall be applied first to the payment of accrued interest and then to the payment of
Maker shall have the right to prepay any and all amounts due hereunder without penalty for the privilege of doing
No payment shall be considered in default unless it is not paid within ten (10) days after delivery of written notice
Holder will have the right at any time to convert this note into shares of common stock, $.001 par value per
share, of Maker, at the conversion rate of one share of common stock for each $.50 of principal and interest due
on the note on the date of conversion.
In the event default is made in the payment of this Note, the unpaid balance on this Note shall at once become
due and payable, without notice, at the option of the Holder. Failure to exercise this option shall not constitute a
waiver of the right to declare the entire principal due and payable at once at any subsequent time.
If, after default, this Note is placed in the hands of an attorney for collection, or if collected through judicial
proceeding, Maker shall pay, in addition to the sums referred to above, a reasonable sum as a collection or
attorneys' fee and all other costs incurred by Holder in collection of the unpaid amounts due hereunder.
Each maker, surety, guarantor, endorser or other party liable for the payment of this Note, in whole or in part,