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EXHIBIT 15
INDEPENDENT ACCOUNTANT'S REPORT
Board of Directors and Shareholders
Solomon Alliance Group, Inc. and Subsidiaries
We have reviewed the accompanying consolidated balance sheet as of June 30,
2000; the related consolidated statements of operations for the six month
periods ending June 30, 2000 and June 30, 1999, the three month periods ending
June 30, 2000 and June 30, 1999, and from its inception, October 25, 1996
through June 30, 2000; as well as the related statements of cash flows for the
six month periods ending June 30, 2000 and June 30, 1999 and from its inception,
October 25, 1996, through June 30, 2000 of Solomon Alliance Group, Inc. and
Subsidiaries (A Development Stage Enterprise). These financial statements are
the responsibility of the company's management.
We conducted our review in accordance with standards established by the American
Institute of Certified Public Accountants. A review of interim financial
information consists principally of applying analytical procedures to financial
data and making inquiries of persons responsible for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with generally accepted auditing standards, the objective of which is the
expression of an opinion regarding the financial statements taken as a whole.
Accordingly, we do not express such an opinion.
Based on our review, we are not aware of any material modifications that should
be made to the accompanying financial statements for them to be in conformity
with generally accepted accounting principles.
/s/ STOKES & COMPANY, P.C.
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STOKES & COMPANY, P.C.
Washington, D.C.
August 9, 2000