Mr. Frank J. Garofalo Management Consultant and Financial Advisor P.O. Box 962066 Boston, Mass 02196-9998 May 13, 2008 Mr. Ernest D. Papadoyianis President Neptune Industries, Inc. 21218 St. Andrews Boulevard, Suite 645 Boca Raton, FL 33433 Dear Ernie: 	As we have discussed by telephone, I have decided to resign as a member of the Board of Directors of Neptune Industries, Inc., effectively immediately, due to other commitments. I wish you and Neptune good luck in the future. Sincerely, Frank Garofalo