EXHIBIT 99.1

                     RESOLUTION OF THE BOARD OF DIRECTORS OF
                               POWER KIOSKS, INC.
                              a Florida Corporation

DATE:         May 1, 2000

MANNER:       MEETING

REASON:       To approve and ratify a new fiscal year end of July 31, effective
              immediately.

ACTION:       Motion by Terry Cooke, President of the Company and seconded by
              Allan Turowetz, the Vice-President of the Company to approve and
              ratify a new fiscal year end of July 31, effective immediately.

         That the Company will take all steps  necessary in  furtherance  of the
enactment of the preceding provisions.

         This  is  to  certify  that  the   undersigned   are  duly   authorized
representatives   of  the  Board  of  Directors  of  Clements   Golden   Phoenix
Enterprises,  Inc., a Florida corporation and that the foregoing  Resolution was
duly adopted on this 1st day of May, 2000.



/s/ Terry Cooke
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Terry Cooke, President