November 29, 1999


Mr. Vincent W. Goett
Futech Interactive Products, Inc.
Janex International, Inc.
2999 North 44th Street, Suite 225
Phoenix, Arizona 85018


Dear Vince,

It has become my  understanding  over the past two weeks that the  Director  and
Officer  insurance  policy  for Janex  International,  Inc.  has  lapsed or been
cancelled. I further understand that the new insurance coverage is being sought.

I am tendering my  resignation  from the Board of Directors for Janex until this
issue is  resolved.  I would be happy to re-join the Board of  Directors at such
time that insurance coverage is reinstated.

Thank you,

/s/ Charles M. Foley

Charles M. Foley