EX-16 LETTER FROM STEFANOU & COMPANY LLP STEFANOU & COMPANY LLP McLean, Virginia February 6, 2002 Securities and Exchange Commission Washington, DC 20549 Re: Collaborative Financial Network Group, Inc. File No. 0-26899 Dear Sir or Madam: We have read Item 4 of the Form 8-K/A of Collaborative Financial Network Group, Inc. dated November , 2001 and agree with the statements relating to Stefanou & Company LLP contained therein. /s/ STEFANOU & COMPANY LLP ------------------------------- STEFANOU & COMPANY LLP