November 2, 2005 Jeffrey Schultz President/CEO Secured Financial Network, Inc. Plantation, FL 33324 Dear Jeff, As you know, I have been undergoing medical treatment. My doctors have convinced me to devote all time necessary to my recovery and therefore I feel it best for the company and me that I resign from the Board of Directors and a Chairman of the Audit Committee immediately. Best wishes to the company and yourself, Very truly yours, /s/ George E. Weast, Jr. - ------------------------- George E. Weast, Jr. GEW/br