AGP and Company, Inc.
551 Fifth Avenue, Suite 1501
New York, New York 10176
Phone: (212) 986-3131 Fax: (212) 986-3737
February 26, 1997
Securities and Exchange Commission
Division of Corporation Finance
450 Fifth Street N.W.
Washington, D.C. 20549
Attn: Mark Webb
RE: AGP and Company, Inc.
File No. 0-18373
Dear Mr. Webb:
On February 5, 1997 we filed a Preliminary Proxy Statement for AGP and
Company, Inc. on Schedule 14A. Included in the filing was an audited report for
TMC Group, Inc. for the year ended December 1994.
We have been requested by Shapiro, Weiss and Company to inform you that the
report was used without the knowledge and consent of the auditors and without
its independent verification.
At this point in time the matter is moot as your office has informed us
that the document fails in numerous respects to comply with the Securities and
Exchange Act of 1934, the rules and regulations thereunder, and the requirements
of Schedule 14A. We hereby request the withdrawal of said filing.
Thank you for your consideration.
Sincerely,
/s/ Douglas E. Castle
Douglas E. Castle
Chief Executive Officer
