[Letterhead of Jim Scutti, P.A.]
September 20, 2000
Triple A Homes, Inc.
1616 Gulf to Bay Boulevard
Clearwater, Florida 34615
Re: Registration Statement on Form SB-1, Registration No. ______________________
Gentlemen:
I have participated in the preparation of the Registration Statement on Form
SB-1 to be filed with the Securities and Exchange Commission ("SEC") by Triple A
Homes, Inc. (the "Company") on or about September 21, 2000, including the
exhibits and form of prospectus included therein (the "Registration Statement")
relating to 500,000 A Warrants and 500,000 B Warrants outstanding held by 71
shareholders of the Company and shares of common stock to be issued upon the
exercise of such warrants. The Registration Statement also relates to 1,000,000
shares being registered for all of the shareholders of the Company (the "Selling
Security Holders").
As counsel to the Company, I have examined the company's records, certificates
and other documents which I have considered to be relevant and necessary to
express the opinion set forth herein. On the basis of the foregoing and of my
consideration of such other legal and factual matters as I have deemed
appropriate, I am of the opinion that the warrants covered by the Registration
Statement have been duly and validly authorized and created and, when exercised
in accordance with the terms contained therein, the shares of common stock
issuable upon the exercise of such warrants will be duly and validly issued as
fully paid and non-assessable shares of common stock of the Company. I am also
of the opinion that the shares of common stock being registered for the Selling
Security Holders have been duly and validly authorized, created and issued as
fully paid and non-assessable shares of common stock of the Company.
This opinion is being delivered to you in compliance with Item 6(11) of Part II
of Form SB-1 promulgated under the Securities Act of 1933. I hereby consent to
the use of my name in the Registration Statement and Prospectus under the
caption "Plan of Distribution" and I also consent to the filing of this opinion
as an exhibit to the Registration Statement.
Very truly yours,
/s/ Jim Scutti
---------------------------
JS/ig
Exhibits Number 10.1 and 11
