Attached files
| file | filename |
|---|---|
| 8-K/A - Ominto, Inc. | v206224_8ka.htm |
Exhibit 99.1
U.S. Securities and Exchange
Commission
Office of the Chief
Accountant
100 F Street, NE
Washington, DC 20549
December 21, 2010
Re: Medianet Group Technologies
Inc. (‘MediaNet”)
File No. 0-49801
Dear Sir or Madam:
We have read Item 4.02 of Form 8-K of
MediaNet dated December 16, 2010 and the Form
8-K Amendment of MediaNet dated December 21, 2010 (collectively
referred to as the “Amended Form 8-K”), and agree with the statements concerning
our Firm contained therein regarding our association as independent auditors.
We also agree with the
statements contained in the
Amended Form 8-K regarding the intercompany eliminations pertaining
to the first three quarters of the year ended September 30, 2010, the notice we
provided MediaNet, our basis for our views expressed in such notice and our
post-notice discussions with MediaNet . With respect to the other
accounting items, financial statements and other statements mentioned
or made by MediaNet in the Form 8-K dated December 16,
2010, we have had limited discussions with MediaNet regarding such
items and statements. Accordingly, we currently have no basis to
agree or disagree with the statements made in the Form 8-K with respect to such
items and statements.
Very truly yours,
/s/ Lake and Associates CPA’s,
LLC
Lake and Associates CPA’s,
LLC