United States Securities and Exchange Commission RE: Form 8-K Item 4 filed December 10, 2002 Technology General Corporation New Jersey - ------------------------------- ---------------------------- (Registrant) (State of Incorporation) 2-97732 22-1694294 ---------------- ------------------------- (File Number) (Federal ID Number) Amendment to Item 304, Form 8-K - ---------------------------------------------- (ii) The principal accountant's Independent Auditors Report for the past two years did not contain an adverse opinion or a disclaimer of opinion, was not qualified or modified as to uncertainty, audit scope, or accounting principles. (iii) The decision to change accountants was recommended and approved by the Board of Directors. (iv) There have been no disagreements between the registrant and the former accountant during the two most recent fiscal years on any matter of accounting principles or practices, financial statement disclosure, or auditing scope of procedure. (v) None of the events listed in paragraphs (A) through (D) of item 304 (a) (1) (v) of Regulation S-K occurred during this registrant's two most recent fiscal years. Technology General Corporation By: /s/ Charles J. Fletcher _______________________ Charles J. Fletcher President/Chairman of the Board of Directors Rothstein, Kass & Company, P.C. Certified Public Accountant 85 Livingston Avenue Roseland, New Jersey 07068 January 20, 2003 Exhibit 16 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 RE: Technology General Corporation We have read the statements that we understand Technology General Corporation will include under Item 4 of the amended Form 8-K report it will file regarding the recent change of auditors. We agree with such statements made regarding our firm. We have no basis to agree or disagree with other statements made under Item 4. Yours truly, /s/ Rothstein,Kass&Company,P.C. _______________________________ Rothstein, Kass & Company, P.C.