EXHIBIT 16




Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549

Gentlemen:

We have read Item 4.01 of Form 8-K/A  dated (date of  earliest  event  reported)
August 17, 2004, of GVC Venture Corp.  and are in agreement  with the statements
contained  in the  second  paragraph  on page 2. We have no  basis  to  agree or
disagree with other statements of the registrant contained therein.


                                              /s/ J.H. Cohn LLP

September 14, 2004
New York, New York