December 21, 2000 Fusion Networks Holdings, Inc. 8115 N.W. 29th Street Miami, Florida 33122 Re: Form S-3 Registration Statement Gentlemen: You have requested that we furnish you our legal opinion with respect to the legality of the following described securities of Fusion Networks Holdings, Inc. (the "Company") covered by a Form S-3 Registration Statement, as amended through the date hereof (the "Registration Statement"), filed with the Securities and Exchange Commission for the purpose of registering such securities under the Securities Act of 1933: 1. Up to 8,782,432 shares of common stock, $.00001 par value (the "Shares"), which may be offered by certain Selling Shareholders named in the Registration Statement and held or issuable upon conversion or exercise of, or otherwise with respect to, 6% Secured Convertible Debentures (the "Debenture") and $1.50 Warrants (collectively, the "Warrants"). In connection with this opinion, we have examined the corporate records of the Company, including the Company's Articles of Incorporation, Bylaws, and the Minutes of its Board of Directors and Shareholders meetings, the Debentures, the Warrants, the Registration Statement, and such other documents and records as we deemed relevant in order to render this opinion. Based on the foregoing, it is our opinion that, after the Registration Statement becomes effective and the Shares have been issued and delivered as described therein, the Shares will be validly issued, fully paid and non-assessable. Fusion Networks Holdings, Inc. December 21, 2000 Page 2 We hereby consent to the filing of this opinion with Securities and Exchange Commission as an exhibit to the Registration Statement and further consent to statements made therein regarding our firm and use of our name under the heading "Legal Matters" in the Prospectus constituting a part of such Registration Statement. Sincerely, VANDERKAM & SANDERS /s/ Vanderkam & Sanders