October 23, 2000
Lawrence R. Van Etten
2500 N. Military Trail Road
Suite 225
Boca Raton, Fl. 33431
Dear AmeriNet Group.com Board of Directors:
On May 6, 2000 i was nominated and accepted the position of Vice President and
Chief Operating Officer for the corporation. Shortly thereafter, upon the
resignation of Mr. Michael Jordan as President, I was asked to assume the
position of Acting President and Chief operating Officer. I accepted this
position with reservation since my background and experience were not
commensurate with the responsibilities of this type position in a public
corporation. My main concern stemmed from my lack of knowledge relating to SEC
rules and regulations, and the possibility i could potentially make errors that
would reflect negatively upon the corporation. I had further concern that
representations made by me, stemming from the signing of the vast number of
documents and press releases required of this office could jeopardize me
personally if I were to make a statement or if there were an unintentional error
or oversight on my part. While I have tried to the best of my ability to carry
out the duties of this office, and to the best of my knowledge have not made any
of the errors or omissions, I find that it is in my best interest and in the
interest of the corporation, that I resign my position as President. It should
be further noted, that the increased workload pressures dealing with
subsidiaries and merger activities, for which I am best suited, consume a
significant amount of my time that takes away from my duties as president of the
corporation.
If it so please the Board, I am very interested in serving the balance of my
employment contract in the capacity of Vice President and Chief Operating
Officer, the position for which I was originally engaged. I believe my
operational background and expertise are an excellent match for this position.
Additionally, I believe I have meritoriously demonstrated my capabilities in
this capacity since joining the company.
I will agree to continue as Acting President until November 15, 2000, to provide
you with the ample time to find a suitable replacement. I have enjoyed this
relationship, and look forward to continuing same as aforementioned.
Sincerely yours,
/s/ Lawrence R. Van Etten
Lawrence R. Van Etten
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From: " Larry Van Etten"
To: "Vanessa Lindsey"
Cc: "William A. Calvo, III"; "carrington"
Sent: Friday, November 10, 2000 1:31 PM
Subject: Resignation
To all:
I respectfully withdraw my resignation as acting President. I will stay on Board
in this capacity until such time as several issues are resolved with potential
mergers and ample time is allotted to find a suitable person as a replacement on
a permanent basis.
Concerning Mr. David Cantley, he will be leaving his position as CFO effective
November 17, 2000. Mr. Cantley has agreed to stay on the Board as a Director.
This will be proposed at the next meeting.
Thank you
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