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WEB CAPITAL GROUP, INC.
501 Brickell Key Drive, Suite 203
Miami, Florida 33131
March 16, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: Web Capital Group, Inc.
Registration Statement on Form 10-SB
FILE NO. 0-29047, (the "Registration Statement")
Filed January 21, 2000
Ladies and Gentlemen:
Reference is hereby made to the above-referenced Registration Statement which
was filed with the Securities and Exchange Commission (the "Commission") by Web
Capital Group, Inc. on January 21, 2000. Application is hereby made by the
Company to withdraw the Registration Statement. The Company has determined that
it is in the best interests that the Company merge with and into a newly formed,
privately-held company. As such, registration of its securities is no longer
necessary at this time.
As this document is being submitted at the suggestion of the Commission, the
Company hereby requests that the Commission consent to this application on the
grounds that withdrawal of the Registration Statement is consistent with the
public interest. If such consent is to be granted, please make sure that same
takes place prior to March 21, 2000, on which date the Registration would
otherwise become effective. Please provide the Company with a copy of the order
granting withdrawal of the Registration Statement as soon as it is available.
If you have any questions regarding this application, please contact the
Company's President and Chief Executive Officer, Garrett K. Krause, (305)
377-0064.
Very truly yours,
/s/ Garrett K. Krause
Garrett K. Krause
President/CEO
