October 27, 2005 Via US Mail and Facsimile Mr. Robert Hipple Chief Financial Officer Neptune Industries, Inc. 2234 N. Federal Highway, Suite 372 Boca Raton, FL 33431 RE: Neptune Industries, Inc. File No. 000-32691 Form 10-KSB for the year ended June 30, 2005 Dear Mr. Hipple: 	We have completed our review of your Form 10-KSB and related filings and have no further comments at this time. 								Sincerely, 								Michael Fay Branch Chief