INDEPENDENT AUDITORS' STATEMENT Securities and Exchange Commission Washington, DC Re: Max Development, Inc. We are unable to furnish the required opinion as of December 31, 1999 for the above captioned registrant for the reasons shown in Part III-Narrative of the Form 12b-25 to which this exhibit applies. /s/ Cordovano and Harvey, P.C. - ------------------------------ Cordovano and Harvey, P.C. Denver, Colorado March 29, 2000