Administrative Offices The Yankee Companies, Inc. A Florida corporation - - -------------------------- Leonard Miles Tucker President & Chief Executive Officer William A. Calvo, III, Ll.M. Vice President & Treasurer Boca Raton Office 902 Clint Moore Road, Suite 136 Boca Raton, Florida 33487 Telephone (561) 998-2025 Fax Number (561) 998-3425 E-Mail carrington@flinet.com Please respond to Ocala address Ocala Office 1941 Southeast 51st Terrace Ocala, Florida 34471 Telephone (352) 694-9182 Service (352) 368-6525 Mobile Number (352) 895-0452 Fax Number (352) 694-9178 E-Mail wacalvo3@atlantic.net August 9, 1999 Mr. Richard Chamberlin, Esq. Chamberlin Law Office, P.A. 1941 Southeast 51st Terrace, Suite 800 Ocala, Florida 34471 Dear Mr. Chamberlin, Please find attached Equity Growth Systems, inc., ("Equity"), check number 1070 made payable to Bowman and Bowman CPA's in the amount of $1,500.00 as final payment. The check is dated July 15, 1999 and appears to be deposited in the bank account of Bowman and Bowman, P.A., on or about July 21, 1999. As, President of the Yankee Companies, Inc. (Yankees"), Equity's strategic consultant charged with the responsibility for negotiation and payment of liabilities, I was called by Mr. Bowman at approximately 5:45 P.M. on Friday July 9, 1999, and I returned the phone call on Monday, July 12, 1999. At that time Mr. Bowman informed me that he had been advised that he was not going to be used as Equity's auditor for the 1999 audit by Penny Field. Mr. Bowman asked Yankees, on behalf of Equity, to send his final payment for his completed audit and on July 15, 1999, I sent him his final payment. Very truly yours, The Yankee Companies, Inc. Leonard M. Tucker President Exhibit A Copy of the check sent and endorsed by Bowman and Bowman EQUITY GROWTH SYSTEMS INC 1070 Date 7/15/99 Pay to the order of Bowman and Bowman CPAs $1500.00 One Thousand Five Hundred & 00/100 Dollars First Union National Bank ForFinal Payment Thank you /s/ Leonard Tucker The back of the check shows the check was deposited into the account of Bowman & Bowman P.A. CPA's 15