Bowman & Bowman, P.A.
                          Certified Public Accountants
                         1705 Colonial Blvd., Suite D-1
                           Fort Meyers, Florida 33907
                                 (941) 939-2301
                              (941) 939-1297 (fax)

Date:  8/17/99

To:  G. Richard Chamberlin

Mr. Chamberlin:

With the changes made in the draft dated today 8/17/99 to Item 4 and the changes
we discussed verbally regarding the "Field letter"  we  Bowman &  Bowman are  in
agreement with the contemplated disclosures in Equity Growth's 8-KSB.  This memo
is addressed to Equity Growth and  Item  4-(a)(3)  needs  to  reflect  the fact
that no notice is being sent directly to the Commissioner or to the SEC but that
this acknowledgement  may be attached to the 8-KSB.

/s/ Larry Bowman
Larry Bowman
Bowman & Bowman P.A.

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