New Tech Ventures, Inc.
c/o Herbert Maxwell
1501 Broadway, Suite 1807
New York, NY 10036
May 22, 2000
U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: New Tech Ventures, Inc. (the "Company")
Registration Statement on Form SB-2 - Filed December 8, 1999
Amendment No. 1 to Form SB-2 - Filed on May 2, 2000
File No. 333-92347
Dear Sir or Madam:
Please be advised that the Company desires to withdraw the above-referenced
filing effective as of May 22, 2000.
In addition to the expense and time required to effect an offering pursuant
to Rule 419, the Company believes that the parameters imposed by Rule 419 will
not permit it, in the current market environment, to effect a business
combination in an expeditious and competitive manner; accordingly, we have
determined to withdraw our filing, on Form SB-2.
As the filing has not been declared effective, none of the shares
registered in the above-referenced filing have been sold and/or distributed.
New Tech Ventures, Inc.
By: /s/ Herbert Maxwell
-----------------------------
Herbert Maxwell, President
