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To: RobbRacer who wrote (4)	11/6/2002 11:48:54 AM
From: RobbRacer	Read Replies (1) \| Respond to of 11

Also very interesting We have filed with NASD Regulation entitlement forms for access to the Investment Advisor Registration Depository (IARD) and have established an IARD User Account. Although this process has been delayed by the Company as we have been focused on improvements to our Web site, we anticipate filing Form ADV to apply for registration with the Securities and Exchange Commission as an investment advisor within the next 6 to 9 months. We believe that such registration will be effected approximately six weeks after filing Form ADV. Until such time, we will not be able to commence certain components of our planned operations. The requirement to register as an investment advisor with the Securities and Exchange Commission will cause us to incur additional costs and expenses, will result in delays in our operations and the execution of our strategic plan, and may require us to refuse to accept new subscribers, obtain new customers and will prevent us from generating revenues from our planned operations. We have used the gross proceeds from these offerings to, among other things, pay for our obligations to Michael Adams Consulting, Inc., a company wholly owned by Vito W. Lucchetti, Jr., our president and CEO pursuant to a consulting agreement which has since expired, obtain additional office space and for other general and administrative expenses, including the construction and redesign of our Web site. Based on our current plans, we do not believe that our cash and cash equivalents and cash flows will be sufficient to enable us to meet our planned operating needs. To execute our business plan over the next twelve months, we believe that we will require approximately $60,000 per month over the next 12 months, which will require us to raise, approximately, an additional $520,000. We anticipate that we will raise these additional funds through the private sale of our securities and/or through loans issued to us by our officers and/or directors.