EXHIBIT 4.7


                                 AMENDMENT NO. 2
                                       TO
                          CONSULTING SERVICES AGREEMENT

         THIS SECOND AMENDMENT TO CONSULTING SERVICES AGREEMENT, dated February
3, 2005 (the "Second Amendment"), is made by and Lou Digiaimo, Jr.
("Consultant"), and Nannaco, Inc., a Texas corporation ("Client").

                                    RECITALS

         A. The Consultant and the Client entered into a Consulting Services
Agreement dated October 1, 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 an Amendment No. 1 to
Consulting Services Agreement dated October 25, 2004, a copy of which is
attached hereto as Exhibit B (the "First Amendment"), pursuant to which the
Consultant agreed to provide certain additional consulting services to the
Client.

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

                                    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 shall
read as follows:

"2.      Consideration.

         Client agrees to pay Consultant, as his fee and as consideration for
services provided, 3,000,000 shares of common stock of the Client, which shares
shall be registered on Form S-8 with the United States Securities and Exchange
Commission (the "SEC"). By amendment dated October 25, 2004, Client agrees to
pay Consultant an additional One Million (1,000,000) shares of common stock of
the Client, which shares shall be registered on Form S-8. By amendment dated
February 3, 2005, Client agrees to pay Consultant an additional Five Million
(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."


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

                                       CLIENT:

                                       NANNACO, INC.




                                       By :
                                            ----------------------------------
                                            Steve Careaga - Executive Director




                                       CONSULTANT:





                                       By:
                                           -----------------------------------
                                           Name: Lou Digiaimo, Jr.



                                       2



                                    Exhibit A

                          CONSULTING SERVICES AGREEMENT







































                                       3