Exhibit 99.1 DURLAND & COMPANY CERTIFIED PUBLIC ACCOUNTS A PROFESSIONAL ASSOCIATION 232A ROYAL PALM WAY PALM BEACH, FL 33480 (561) 822-9995 * FAX 822-9942 Imaginenet Corp. West Palm Beach, FL 33401 Gentlemen: We are unable to complete the review of the financial statements of Imaginenet Corp., as of January 31, 2003 in time for the Company's Form 10-QSB to be filed timely, due to unforseen circumstances. Sincerely, /s/ Durland & Company Durland & Company March 17, 2003