Margaret D. Edwards

c/o 739 Dalbey Drive

Las Vegas, New Mexico [87701]

Phone/Fax:  505-425-0659

December 5, 2002

By Certified Mail

Law Offices of Catherine Sanchez

Post Office Box 37290

Albuquerque, New Mexico 87176

Re:  METRIS COMPANIES LLP  (Auto add)

       Acct. No.  5458 0040 4138 2227

Dear Catherine Sanchez:

            This is to notify you that neither you nor METRIS COMPANIES LLP have any standing in the matter between Direct Merchants Bank and me.  I have been in direct correspondence with Direct Merchants Bank since September 30, 2002 regarding serious concerns and questions I raised about their operations and practices, which they have failed or refused to address, answer, rebut or refute, with particularity, within a legal timeframe.  Accordingly, they deem, by acquiescence, that the statements and questions contained in my letters, which equate with fraud, their operational practices of creating money and credit upon their own books by means of bookkeeping entries, are deemed true, correct and binding upon them as admitted.

            I am enclosing copies of all correspondence sent to Direct Merchants Bank for your files.  As I stated in my letters to them, I will not be a party to fraud, and I would assume you would not wish to be party to it either.

Sincerely,

Margaret D. Edwards