INDEPENDENT ACCOUNTANTS' REPORT
We have reviewed the accompanying consolidated financial statements of
Skynet Telematics.com, Inc. and Subsidiaries as of June 30, 2000 and for the
Three months and six months then ended. These financial statements are the
responsibility of the company's management.
Another accountant reviewed the interim consolidated financial
information of Netking Limited and Subsidiary and Skamp International Limited
and Subsidiary, subsidiaries of the Company, whose combined total assets as of
June 30, 2000 and whose revenues for the six-months then ended which constituted
substantially all of the consolidated totals.
We conducted our review in accordance with standards established by the
American Institute of Certified Public Accountants. A review of interim
financial information consists principally of applying analytical procedures to
financial data and making inquiries of persons responsible for financial and
accounting matters. It is substantially less in scope than an audit conducted in
accordance with generally accepted auditing standards, the objective of which is
the expression of an opinion regarding the financial statements taken as a
whole. Accordingly, we do not express such an opinion.
Based on our review and the report of the other accountant, we are not
aware of any material modifications that should be made to the accompanying
consolidated financial statements for them to be in conformity with generally
accepted accounting principles.
August 10, 2000 By: /s/ Most Horowitz & Company, LLP
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Most Horowitz & Company, LLP
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