Financial Statements of Businesses Acquired

EX-10.225 3 a86358exv10w225.txt EXHIBIT 10.225 EXHIBIT 10.225 [WILSHIRE TECHNOLOGIES, INC. LETTERHEAD] December 9, 2002 To: Holders of the Warrants expiring November 28, 2002("Warrants") of Wilshire Technologies, Inc. ("Wilshire") Re: Expiration of Warrants Dear Wilshire Warrant Holder: The above-mentioned Warrants, which were issued in November of 1997 pursuant to the Warrant Agreement dated as of November 24, 1997 between Wilshire and American Stock Transfer & Trust Company as Warrant Agent, expired by their terms on November 28, 2002 and, therefore, are worthless. If you have any questions with regard to this matter, please contact the Warrant Agent, American Stock Transfer & Trust Company, 6201 15th Avenue, Brooklyn, New York 11219, Attention: Mr. Joe Alicia ###-###-####. Sincerely, WILSHIRE TECHNOLOGIES, INC. By /s/ KEVIN T. MULVIHILL ----------------------------------------- Kevin T. Mulvihill President & Chief Executive Officer