Major Automotive Companies Inc Watch

from SC 13D/A 1 page Exhibit 1 Bruce Bendell 43-40 Northern Boulevard Long Island City, New York 11101 August 16, 2004 Board of Directors the Major Automotive Companies, Inc. 43-40 Northern Boulevard Long Island City, New York 11101 Gentlemen: Reference Is Made to My Letter to the Board of Directors of the Major Automotive Companies, Inc. ("Major") Dated June 9, 2004 (The "Offer Letter"). by Letter Dated July 23, 2004, I Extended the Date Referred to in the Last Paragraph of the Offer Letter to August 16, 2004. in Order to Allow the Board of Directors to Have Additional Time to Consider the Terms of the Transaction Proposed in the Offer Letter, I Am Hereby Further Extending the Date Referred to Above From August 16, 2004 to September 7, 2004. if the Terms Set Forth in the Offer Letter, as Modified Hereby, Meet With Your Approval, We Should Instruct Our Respective Attorneys to Begin Preparing the Necessary Documentation So That the Transaction Can Move Forward. Neither the Offer Letter Nor This Letter Shall Constitute a Binding Agreement, as Each Is Intended Merely as an Expression of Our Intentions. No Agreement Shall Exist Between US Regarding the Proposed Transaction Prior to the Execution of Contracts and Other Documents Agreeable to Each of US. Very Truly Yours, /S/ Bruce Bendell Bruce Bendell CC: Mitchell Littman, Esq. Page 5 of 5 Pages

from SC 13D/A 1 page Exhibit 1 Bruce Bendell 43-40 Northern Boulevard Long Island City, New York 11101 July 23, 2004 Board of Directors the Major Automotive Companies, Inc. 43-40 Northern Boulevard Long Island City, New York 11101 Gentlemen: Reference Is Made to My Letter to the Board of Directors of the Major Automotive Companies, Inc. ("Major") Dated June 9, 2004 (The "Offer Letter"). by Letter Dated July 6, 2004, I Extended the Date Referred to in the Last Paragraph of the Offer Letter to July 23, 2004. in Order to Allow the Board of Directors to Have Additional Time to Consider the Terms of the Transaction Proposed in the Offer Letter, I Am Hereby Further Extending the Date Referred to Above From July 23 to August 16, 2004. if the Terms Set Forth in the Offer Letter, as Modified Hereby, Meet With Your Approval, We Should Instruct Our Respective Attorneys to Begin Preparing the Necessary Documentation So That the Transaction Can Move Forward. Neither the Offer Letter Nor This Letter Shall Constitute a Binding Agreement, as Each Is Intended Merely as an Expression of Our Intentions. No Agreement Shall Exist Between US Regarding the Proposed Transaction Prior to the Execution of Contracts and Other Documents Agreeable to Each of US. Very Truly Yours, /S/ Bruce Bendell Bruce Bendell CC: Mitchell Littman, Esq. Page 5 of 5 Pages

from SC 13D/A 1 page Exhibit 1 Bruce Bendell 43-40 Northern Boulevard Long Island City, New York 11101 July 6, 2004 Board of Directors the Major Automotive Companies, Inc. 43-40 Northern Boulevard Long Island City, New York 11101 Gentlemen: Reference Is Made to My Letter to the Board of Directors of the Major Automotive Companies, Inc. ("Major") Dated June 9, 2004 (The "Offer Letter"). by Letter Dated June 17, 2004, I Extended the Date Referred to in the Last Paragraph of the Offer Letter to July 2, 2004. in Order to Allow the Board of Directors to Have Additional Time to Consider the Terms of the Transaction Proposed in the Offer Letter, I Am Hereby Further Extending the Date Referred to Above From July 2 to July 23, 2004. if the Terms Set Forth in the Offer Letter, as Modified Hereby, Meet With Your Approval, We Should Instruct Our Respective Attorneys to Begin Preparing the Necessary Documentation So That the Transaction Can Move Forward. Neither the Offer Letter Nor This Letter Shall Constitute a Binding Agreement, as Each Is Intended Merely as an Expression of Our Intentions. No Agreement Shall Exist Between US Regarding the Proposed Transaction Prior to the Execution of Contracts and Other Documents Agreeable to Each of US. Very Truly Yours, /S/ Bruce Bendell Bruce Bendell CC: Mitchell Littman, Esq

from SC 13D/A 1 page Exhibit 1 Bruce Bendell 43-40 Northern Boulevard Long Island City, New York 11101 June 17, 2004 Board of Directors the Major Automotive Companies, Inc. 43-40 Northern Boulevard Long Island City, New York 11101 Gentlemen: Reference Is Made to My Letter to the Board of Directors of the Major Automotive Companies, Inc. ("Major") Dated June 9, 2004 (The "Offer Letter"). in Order to Allow the Board of Directors to Have Additional Time to Consider the Terms of the Transaction Proposed in the Offer Letter, I Am Hereby Extending the Date Referred to in the Last Paragraph of the Offer Letter to July 2, 2004. if the Terms Set Forth in the Offer Letter, as Modified Hereby, Meet With Your Approval, We Should Instruct Our Respective Attorneys to Begin Preparing the Necessary Documentation So That the Transaction Can Move Forward. Neither the Offer Letter Nor This Letter Shall Constitute a Binding Agreement, as Each Is Intended Merely as an Expression of Our Intentions. No Agreement Shall Exist Between US Regarding the Proposed Transaction Prior to the Execution of Contracts and Other Documents Agreeable to Each of US. Very Truly Yours, /S/ Bruce Bendell Bruce Bendell CC: Mitchell Littman, Esq

from SC 13D 1 page Underwriting agreement

from SC 13D 1 page Exhibit (1) Joint Filing Agreement in Accordance With Rule 13d-1(k) Under the Securities Exchange Act of 1934, the Persons Named Below Agree to the Joint Filing on Behalf of Each of Them of a Statement of Schedule 13d (Including Amendments Thereto) With Respect to the Common Stock of Major Automotive Companies, Inc., and Further Agree That This Joint Filing Agreement Be Included as an Exhibit to Such Joint Filings. in Evidence Thereof, the Undersigned, Being Duly Authorized, Hereby Execute This Agreement This 29th Day of August, 2001. Date: August 29, 2001 Gabry, Inc. By: /S/ Gary Ain Gary Ain Title: President /S/ Gary Ain Gary Ain 7

from SB-2/A ~20 pages Underwriting Agreement