Mario Font and the undersigner called this afternoon Mr. John Laye, Branch Manager of Royal Bank of Canada at Antigua. We inquire him about what reference he could provide us on American International Bank Ltd., Mr. William W. Cooper and Mr. John E. Greaves. Mr. Laye recommended that we act very carefully with banks incorporated in Antigua because of the very loose regulations in that country. However, he mentioned American International Bank has a physical operation and has operated for several years. He confirmed that John Greaves was managing director of Swiss American Bank for several years (he retired from that bank) before moving to American International Bank. Furthermore, Mr. Laye expressed that William Cooper owns several banks. He has heard no detrimental comment about any of them or the Bank. We have entered into correspondent banking relationship with the banks listed below and would appreciate it if you could provide us with some reference about their good standing as banking institutions: American International Bank Ltd. Antigua Overseas Bank Ltd. Bank of Antigua Swiss American Bank Ltd. We will held the information under strict confidence and we free you of any responsibility. Best Regards 849 Brickell Avenue, Miami, Florida 33131 Fax. 205/74-1402 - Telex 6733968 Phone: 305/789-7000 As per our conversation, I herewith fax you copy of the unpaid check reason counterfeit. Furthermore, these are the names I mentioned to you: ATM Houss Ltd. Four B.J. & S. Inc. Future Interprise Inc. Carib International Sheridan Investment Trust Best Regards Alvaro Tercero 848 Brickell Avenue. Miami, Florida 33131 Dear Sir: ALE IN Suction I Section X □ Section IV a Section V D Section VI In response to your fax dated May 16th, 1997, here is the information you requested on the companies mentioned. AMT or Antigua Management & Trust is a trust company and is an associate company to Carib International and Sheridan Investment Trust are both Sports Betting Companies. The other companies mentioned - Hauss Ltd, Four B.J. & S. Inc, Future Enterprise Inc., Trust that the above information is helpful. Yours Sincerely and Woods Centre, Friars Hill Road, Box 1673, St. John's, Antigua, W. I. Talanhano- 1768) 467-6700 Fax. 1768) 467_6675 Telow: 2051 MERANK |