The Golden Lounge

[Jim Bishop]

Attn: Trading and Market Making/Legal and Compliance/Operations/Systems

UNIFORM PRACTICE ADVISORY (UPC # 053-2005) June 13, 2005

Gluv Corporation New – Common Stock (OTC: GVRP)*

Gluv Corporation recently announced that 3 million shares of its common stock were
issued PRIOR to the dividend payment date of the forward stock split announced on the
Dividend Daily List of May 12, 2005. The Company further states that it appears an
unknown number of those shares have been improperly traded in the marketplace.

In response to the Company’s press release and other discussions between the
Company and SEC staff, on May 27, 2005, the SEC temporarily suspended trading in the
securities of Gluv Corporation pursuant to Section 12(k) of the Securities Exchange Act of
1934. The SEC issued this suspension because of questions surrounding the accuracy and
adequacy of publicly disseminated information concerning, among other things, the total
shares outstanding, the availability of non-restricted shares for trading and delivery, the
company’s shareholders, and rights with respect to shares of Gluv Corporation.

The SEC’s trading suspension terminated on June 10, 2005, at 11:59 p.m. ET.
Although trading will no longer be suspended, members should exercise great caution
when executing customer or proprietary trades, including member-to-member
transactions for the purposes of resolving open fails, until such time as members can be
assured that the shares in circulation were part of a bona-fide issuance.

Members are reminded that, pursuant to SEC Rule 15c2-11 and NASD Rule 6740, no
quotation may be entered unless and until a member has complied with all of the
requirements of the rules, including SEC Rule 15c2-11(a)(5). SEC Rule 15c2-11(a)
required, among other things, that based on a member’s review of the issuer information
specified therein, a member must have a reasonable basis under the circumstances to
believe that the issuer information is accurate in all material respects and the sources of
such information are reliable. Until the questions surrounding the information and
documents of Gluv Corporation are resolved, member firms should be aware that in the
context of Form 211 filings, NASD has significant concerns as to whether a member would
have a reasonable basis to believe the accuracy or reliability of information relating to Gluv
Corporation.

Questions regarding this notice may be directed to the Office of General Counsel,
Regulatory Policy and Oversight, NASD, at [phone]; or the Legal Section, Market
Regulation, NASD, at [phone].
*
NASD has been informed by issuer’s counsel that Gluv Corporation has changed its name to Media Magic, Inc.,
although NASD has not received formal notice of such.

The NASDAQ Stock Market, Inc. 80 Merritt Blvd., Trumbull, CT 06611 203 385 4500