January 12, 2001 Received a notice from Coldata Collection Companies. At the top of the letter is the date December 31, 2000 ____________ OUR COLLECTION AGREEMENT WITH YOU CREDITOR MANDATES THAT WE CONDUCT COLLECTION ACTIVITY IN ACCORDANCE WITH APPLICABLE STATE AND FEDERAL LAWS. THIS INITIAL LETTER IS THE BEGINNING OF OUR COLLECTION PROCESS DESIGNED TO FOCUS UPON THE CONSEQUENCES OF CONTINUED DELAYS IN PAYING THIS DEBT. HOWEVER, WE BELIEVE THAT IF WE BOTH WORK TOGETHER WE CAN HELP YOU CHANGE THE STATUS OF THIS DELINQUENCY. THEREFORE, WE PROPOSE ONE OF THE FOLLOWING: 1. YOUR CHECK FOR $1,995.24 WILL CHANGE THE STATUS OF THIS ACCOUNT TO REFLECT FULL PAYMENT. ALL INQUIRING CREDIT GRANTORS WILL BE ADVISED BY YOUR CREDITOR THAT THIS DEBT HAS BEEN SATISFIED. 2. YOU CHECK FOR $1,396.67 WILL CHANGE THE STATUS OF THIS ACCOUNT TO REFLECT THAT THIS MATTER IS SETTLED. YOU WILL BE RELEASED OF ANY FURTHER LIABILITY WITH REGARD TO THIS ACCOUNT AND ALL INQUIRING CREDIT GRANTORS WILL BE ADVISED BY YOUR CREDITOR ACCORDINGLY. TAKE ADVANTAGE OF THIS EXCEPTIONAL OPPORTUNITY BY RETURNING THIS NOTICE WITH YOUR PAYMENT IN THE ENVELOPE PROVIDED. "THIS IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE" THIS COMMUNICATION IS FROM A DEBT COLLECTOR. _________________________ A telephone number appears at the top of the letter (510-783-0500) and the payment coupon holds the address: Coldata, Inc. 1979 Marcus Avenue Suite 100 Lake Success, NY 11042 Now let me explain what happened, other than a small nervous breakdown, when I received this letter. I immediately went to the books. I don't have the money. Next, I called my workplace and am able to put in enough extra hours to send Coldata $150.00 twice a month. I am about to call Coldata to find out if this arrangement will be accepted, meet you back here then.