Receiver Report, July 2, 2002

Carl F. Schoeppl, Esq., Receiver
TRANSWORLD ENTERPRISES, INC. D/B/A ATM INTERNATIONAL
RECEIVERSHIP ESTATE
4651 North Federal Highway,
Boca Raton, Florida 33431-5133

Toll Free: (888) ATM-5001


July 2, 2002

Re: FTC v. Transworld Enterprises, Inc. d/b/a ATM International, Mark Goldstein a/k/a Mark Davis, and James A. Mackey, Jr., Case No. 00-8126-GRAHAM (S.D. Fla.)

Dear Claimants:

I, Carl F. Schoeppl, Esq., as Receiver for Defendant Transworld Enterprises, Inc. d/b/a ATM International ("Transworld" or the "Transworld Receivership Estate"), in the above-captioned case am pleased to announce that, by order of the United States District Court for the Southern District of Florida (the "District Court"), the Transworld Receivership Estate has come to a close and that a distribution of the remaining assets of the Receivership Estate will be sent to all confirmed claimants of the Transworld Receivership Estate on a pro rata basis.

You will be receiving a distribution in the amount reflected on the attached distribution schedule within the next thirty (30) days. The distribution will be implemented by Bank of America on behalf of the Transworld Receivership Estate. No further distributions or payments will be made by the Transworld Receivership Estate, and the receivership over Transworld will be dissolved.

Please note that the amount of your distribution has been approved and confirmed by the Federal Trade Commission and the District Court and may not be changed. It was a pleasure to be of service to you.

Sincerely,

Carl F. Schoeppl, Receiver
Transworld Enterprises, Inc. Receivership Estate