Jere J. Lane Certified Public Accountant 2901 N.W. 112 Avenue Coral Springs, Fl. 33065 Securities and Exchange Commission Washington, D.C. 20549 Gentlemen: I have read Alchemy Holdings, Inc.'s statements included under Item 4 of its Current Report on Form 8-K, dated December 4, 1998, and I agree with such statements. Very truly yours, Jere J. Lane, CPA Coral Springs, Florida 33065 March 4, 1999