MERDINGER, FRUCHTER, ROSEN & CORSO, P.C. CERTIFIED PUBLIC ACCOUNTANTS 888 SEVENTH AVENUE NEW YORK, NEW YORK 10106 ----------- TEL: (212) 757-8400 FAX: (212) 757-6124 January 31, 2001 Securities and Exchange Commission Mail Stop 11-3 450 5th Street NW Washington, DC 20549 RE: PlayandWin, Inc. Form 8-K dated January 22, 2001 Commission File #000-29477 Dear Sir/Madam: We are aware of the change in the above-referenced registrant's independent accountants from a review of the Company's Edgar filings. We were advised by them of their desire to change accountants, but have not been supplied a copy of the 8-K and the disclosure made in response to Item 4. Furthermore, we have not been requested by the Company to furnish a letter to the Commission stating that we agree with the statements made by the Company. We do agree that there have not been any disagreements regarding accounting principles or practices, financial statement disclosure or auditing scope. However, we do hereby state upon knowledge and belief that the client changed accountants to a former employee, Dean Skupen, has solicited and accepted such engagement, acts which are prohibited by a signed agreement and, as such, constitutes an illegal act. We are pursuing all legal action and are filing a complaint with the appropriate state and national accounting societies. Sincerely yours, MERDINGER, FRUCHTER, ROSEN & CORSO, P.C. /s/ Stephen P. Corso, Jr., CPA Stephen P. Corso, Jr., CPA