EX-10.12 12 doc12.txt MALT LIMITED P.O. Box 59 Rarotonga, Cook Islands December 28, 2000 United Trading.Com c/o Myers Porter, LLP 380Technology Blvd., Suite 250 Irvine, CA 92618 Attn: Mr. Norman Wright. Re: United Trading.Com Casino Software license agreement dated August 14, 2000 Dear Mr. Wright: Regarding the referenced Agreement entered into on August 14, 2000, between Malt Limited .A. and United Trading.Com (formerly United Casino Corp.), Malt Limited is by this letter notifying United Trading.Com that, due to Malt's current inability to provide and bring onto the Internet, the Internet site which was previously planned to be used to make the casino software provided by the subject agreement available to players over the Internet, it is canceling the subject agreement effective immediately. It is hoped by Malt that when the required Internet site is finally available that a new contract can be negotiated. Yours truly, Malt Limited By: s/Directserv Limited ------------------------ Name: ___________________________ Title: Director --------------------------- 114