EFTA00128662¶
FROM : WILLIAMS CAPITAL GROUPL¶
☑ 004/004¶
PHONE NO. : 425 774 3253¶
Dec. 18 2001 11:50AM P2_¶
EXHIBIT B¶
Williams Management and Capital Group, Ltd.¶
5721 178th PL, SW Suite 105, Lynnwood, Washington 98037 Telephone:¶
December 18, 2001¶
Lawrence Zimmerman, James Whittier, et. al.¶
600 Madison Avenue¶
25th Floor¶
New York, N.Y. 10022¶
Fax No.:¶
To Whom It May Concern;¶
This is to advise you that this firm is hereby withdrawing its participation in the proposed transaction between your group and Century Capital, S.A. All documentation issued by this firm is declared null and void and shall have no legal authority to commit this firm to any portion of the transaction.¶
A number of items in confluence have resulted in this decision, not the least of which is the difficulty we have had in obtaining the actual Serial Numbers for the block pro-ration of Beneficiary ownership. The CUSIP represents the entire issue, not the specific ownership amount. The CUSIP Number to be referenced is¶
Your demands for currently confidential information have not helped.¶
Additionally, we have encountered a major problem with an individual who had represented themselves to this firm as an authorized officer of Wells Fargo Bank. As it turns out, he was not, in fact, an authorized officer. We have filed a report with the appropriate authorities and have severed all banking relationships with Wells Fargo.¶
We wish you well in your transaction but can no longer be a party to it in any fashion.¶
Respectfully,¶
Mark S. Williams, President¶
MSW/lgo¶
cc: Legal¶
John Macari¶
file¶
EFTA00128663¶