June 20, 2000
e-Financial Depot.com, Inc.
150 - 1875 Century Plaza Park East
Century City, CA 90067
Attention: John Huguet
Dear Sirs/Mesdames:
Re: Directions for Share Issuance
--------------------------------
Pursuant to Item 3.1 of the Contractor Agreement (the "Agreement"),
dated as of March 28, 2000, between e-Financial Depot.com, Inc. and Cobra
Capital Limited ("Cobra"), we hereby direct you to issue the common stock,
payable according to the terms of the Agreement, to Stephen Koltai.
Cobra hereby covenants, represents and warrants to the Company that
Cobra is not providing consulting or advisory services in connection with the
offer or sale of securities in a capital-raising transaction and is not,
directly or indirectly, promoting or maintaining a market for the Company's
securities.
Stephen Koltai hereby covenants, represents and warrants to the
Company that he is not providing consulting or advisory services in connection
with the offer or sale of securities in a capital-raising transaction and is
not, directly or indirectly, promoting or maintaining a market for the Company's
securities.
Yours truly,
Per: /s/ signed
COBRA CAPITAL LIMITED
/s/ Stephen Koltai
Stephen Koltai
