EX-99.3 8 ex993.txt EXHIBIT 99.3 EXHIBIT 99.3 THE HOLLANDBROOK GROUP, LLC February 14, 2003 via fax: 212-758-8844 David Mitchell, Chief Executive Officer Bion Environmental Technologies, Inc. 18 East 50th St., 10th Floor New York, NY 10022 Dear David: As you know, I have resigned from Bion's Board, effective today. I and certain business colleagues are currently engaged in intensive negotiations to acquire a business. This matter is now consuming essentially all of my time. I wish Bion every success in its continuing financing efforts and in exploiting its promising technology. Sincerely, /s/ Howard E. Chase Howard E. Chase 1661 Route 22 West * Bound Brook, NJ 08805 * hechase@hollandbrook.com phone: 732-537-0500 * fax: 732-537-0600 - cell: 908-400-3995