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D'Ambrosio and Company
Certified Public Accountants
373 North Main Street
Fall River, Massachusetts 02720
(508) 679-1181
April 2, 2003
Troy City Internet Exchange, Inc dba Meganet Communications
315 Pleasant Street
Fall River, Ma 02721
Attn: Paul Joncas
Dear Paul,
Please let this letter serve as notice that for the year ended December 31, 2002 your audited financial statements expressed an unqualified opinion. As per Generally Accepted Auditing Standards, this is the best opinion that can be expressed by the accounting firm. This opinion also expressed that the financial statements are free of all material misstatement.
Per the company's Dec 31 2002 audited financial statements, the company reflected a positive cash flow position, this is reflected on the Dec. 31 2002 Balance Sheet.
If you have any further questions please do not hesitate to contact me.
Sincerely,
Thomas A. D' Ambrosio, CPA
If you would like a copy of this letter faxed in its original form, please contact your sales representative or
the sales department at sales@meganet.net
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