EXHIBIT 16

                                 Baum & Company
                        1515 University Drive, Suite 209
                             Coral Springs, FL 33071




February 10, 2004



Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549

Commissioners:

We have  read  the  statements  made by  Capitol  First  Corporation,  which  we
understand  will be filed with the  Commission,  pursuant to Item 4 of Report on
Form 8-K, as part of the  Company's  Form 8-K report dated  January 19, 2004 and
the amended Form 8-K/A dated  February 10, 2004.  We agree  with the  statements
concerning our Firm in such Form 8-K.

Sincerely,


/s/ Joel S. Baum, CPA
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    Joel S. Baum, CPA
    Baum & Company, P.A.