Reporting Person: Figliolini, John
                  P.O. Box 392
                  Wainscott, New York 11975

Name of Issuer:   Receivable Acquisition & Management Corp.

Date of
Transaction:      January 23, 2004 (1)

J(1)  Pursuant  to  the  Plan  of  Reorganization   (the  "Plan")  of  Feminique
Corporation  under Chapter 11 of the Bankruptcy Act, which was confirmed on July
28, 2003,  and subject to shareholder  authorization  to increase the authorized
shares of the Issuer, a total of 171,688,170  warrants to purchase a like number
of shares exercisable at a price of $.0025 per share, were reserved for issuance
to a business  development  corporation  in  anticipation  of its  providing the
funding  of  $43,000  to the Issuer to help  implement  the Plan.  The  business
development  company  was  later  unable  to  fund  the  Issuer,  and,  instead,
Matterhorn Holdings, Inc., 100% owned by the Reporting Individual,  arranged for
funding  of the  Issuer to  provide an  aggregate  of  approximately  $1,000,000
through  the  Issuer's  private  sale  of  convertible  notes.  Accordingly,  in
consideration  of the  foregoing,  and  subject to  shareholder  approval  of an
increase in the authorized Common Stock of the Issuer, Matterhorn was issued the
5-year non-callable restricted warrants to purchase 171,688,170 pre-split shares
of Common  Stock of Issuer  exercisable  at a price of $.0005  (or  warrants  to
purchase  6,650,000  post-split shares at an exercise price of $.0075 per share)
for a total exercise price of $49,875.  At the time of issuance of the warrants,
the shares of Common Stock were trading at a price of $.0001 per share.