Amendment to Subscription Agreement between Amalgamated Technologies, Inc. and Potential Investors

Summary

This letter from Amalgamated Technologies, Inc. informs potential investors of updates to the company's offering. The maximum amount of subscriptions has been increased from $4 million to $5.5 million, and the offering period is extended until May 14, 2004. Investors are advised to consider this updated information along with the original offering documents before deciding to invest. The letter requires acknowledgment and agreement from the investor.

EX-2.2 3 c32382_ex2-2.txt EXHIBIT 2.2 FORM OF LETTER AGREEMENT AMENDMENT TO SUBSCRIPTION AGREEMENT [Letterhead of Amalgamated Technologies, Inc.] April ___, 2004 Dear Potential Investor in Amalgamated Technologies, Inc.: Thank you for your interest in investing in Amalgamated Technologies, Inc. By virtue of this letter, we are updating certain information involving Amalgamated Technologies, Inc. that has changed since April 20, 2004-the date the "Summary of the Offering" was finalized. You should consider carefully the information contained in this letter in addition to the information contained in the Summary of the Offering and the Subscription Agreement that has been made available to you in deciding whether to acquire the Shares. Amalgamated Technologies, Inc. has the right to receive subscriptions above the maximum amount of $4 million as described in the Summary of the Offering and the Subscription Agreement. Amalgamated Technologies, Inc. can now receive subscriptions of up to $5.5 million. In addition, the Offering is hereby extended until May 14, 2004. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT ME AT ###-###-####. REGARDS, AMALGAMATED TECHNOLOGIES, INC. - ------------------ Robert Ellin, President Acknowledged and Agreed: - -------------------- - -------------------- [PRINT NAME OF INVESTOR]