Exhibit 16
C1
Most & Company, LLP
Certified Public Accountants
330 Fifth Avenue
New York, NY 10001
Tel 212-944-4433
Fax 212-481-3284
October 30, 2008
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Commissioners:
We had been the independent registered accountants of Develocap, Inc., an inactive registrant. On October 29, 2008, we were notified that were had been dismissed as independent registered accountants and a Form 8-K had been filed.
We had never been notified of such dismissal and never received a copy of such Form 8-K to review and provide our letter. We will provide such a letter upon our review of an amended Form 8-K.
Very truly your,
/s/ Most & Company, LLP
Most & Company, LLP
C2
November 4, 2008
Chief Accountants Office, Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
We have read the statements made by Develocap, Inc., which were filed with the Commission pursuant to Item 4.01, Changes in Registrant’s Certifying Accountants, of Form 8-K/A1, as part of the Company’s Current Report on Form 8-K dated, October 13, 2007, which we understand will be filed on November 5, 2008. We agree with such statements in paragraphs A., B., D., E., F., and G. of Item 4.01 of such Form 8-K in regard to Most & Company, LLP. We have no basis on which to agree or disagree any other statements made in the Form 8-K.
Very truly yours,
/s/ Most & Company, LLP
Most & Company, LLP
Independent Registered Public Accounting Firm
