EXHIBIT 17.2
Mr. Russell Chimenti
WAMEX Holdings, Inc.
61 Broadway
Suite 2805
New York, NY 10004
Subject: Letter of Resignation
To the Board of Directors,
Gentleman, it is with the deepest regret, that I have the unfortunate task of
tendering my resignation as Director and Chief Administrative Officer of the
company effective 9:00 A.M. Monday October 11th, 2000. My reasons are
respectfully personal in nature.
My time with the company has left me with the utmost appreciation of the effort
involved in our endeavor. I remain at the service of the company and it's
shareholders and will assist in every way possible in the effort to succeed.
I wish you and all our shareholders the greatest success in the future.
Thank you.
Sincerely,
/s/Russell Chimenti
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Russell Chimenti
Director/CAO