Letter of Cancellation of Consulting Agreement between Millenium Holding Group, Inc. and Intelligent Optical Systems, Inc.

Summary

Millenium Holding Group, Inc. notifies Intelligent Optical Systems, Inc. that it is canceling their Consulting Agreement dated April 19, 2004. The cancellation is due to misrepresentations made by U.S. Probe, Inc., Camden Holdings, Inc., and Mark Anderson, which also led to the cancellation of a related Asset and License Purchase Agreement. This letter serves as formal notice of the termination of the consulting relationship between the two companies.

EX-10.2 3 ex10-2.txt LETTER OF CANCELLATION OF CONSULTING AGREEMENT Exhibit 10.2 MILLENIUM HOLDING GROUP, INC. 12 Winding Road Henderson, NV 89052 Tel: (702) 492-7721 Fax: (702) 492-7728 June 6, 2004 Intelligent Optical Systems, Inc. 2520 W 237th St Torrance CA 90505 Via Fax: 310 ###-###-#### RE: Cancellation of Consulting Agreement To Whom It May Concern: The Asset and License Purchase Agreement with U.S. Probe, Inc. has been cancelled due to misrepresentations made to Millenium Holding Group, Inc. by U.S. Probe, Inc., Camden Holdings, Inc. and Mark Anderson. Therefore, this letter is your notice that Millenium Holding Group, Inc. is canceling the April 19th, 2004 Consulting Agreement between our companies, which was signed on April 15th and April 19th, 2004. Sincerely, MILLENIUM HOLDING GROUP, INC. BY: /s/ Richard L. Ham ------------------------- Richard L. Ham President cc: Carl Ranno, General Counsel