SEC Company Response from FLORIDA GAMING CORP (CIK 0000312065) — Aug 31, 2005
FLORIDA GAMING CORP (CIK 0000312065)
Date: Aug. 31, 2005 · CIK: 0000312065 · Accession: 0001144204-05-027670
AI Filing Summary & Sentiment
File numbers found in text: 000-09099
Letter
August 31, 2005 United States Securities & Exchange Commission Ms. Claire Erlanger Division of Corporate Finance Washington, D.C. 20549
Subject: Florida Gaming Corporation Form 10-KSB for the year ended December 31, 2004 Form 10-QSB for the period ended March 31, 2005 and June 30, 2005 Commission File #: 000-09099
Dear Ms. Erlanger:
The following is in response to the subject letter to Florida Gaming Corporation on August 17th, 2005.
1. We will include in future filings the changes to the valuation reserve during the year including the amounts charged to increase the reserve balance and the amounts written off to reduce the valuation reserve balance.
Valuation Reserve Analysis Florida Gaming Corporation 12/31/2004
2004 2003 ------- ------- Balance at the beginning of the year 119,669 65,796 Provision charged to operations 149,323 53,873 Charges to the reserve 0 0 ------- ------- Ending balance 268,992 119,669 ======= =======
2. In future filings we will disclose any possible outcomes related to our lack of liquidity, such as curtailment of operations or lack of a business plan. We will also disclose the impact of this deficit on our ability to operate our business and meet our obligations as they become due. We will refer to Item 303 (b) (1) of Regulation S-B.
<PAGE>
If you have any further questions, please do not hesitate to contact the undersigned at (502) 589-2000 or facsimile (812) 945-7717. My mailing address is Florida Gaming Corporation, 2669 Charlestown Road, Suite D, New Albany, IN 47150.
Sincerely,
Kimberly R. Tharp
Chief Financial Officer
Show Raw Text
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<TEXT>
August 31, 2005
United States Securities & Exchange Commission
Ms. Claire Erlanger
Division of Corporate Finance
Washington, D.C. 20549
Subject: Florida Gaming Corporation
Form 10-KSB for the year ended December 31, 2004
Form 10-QSB for the period ended March 31, 2005 and June 30, 2005
Commission File #: 000-09099
Dear Ms. Erlanger:
The following is in response to the subject letter to Florida Gaming
Corporation on August 17th, 2005.
1. We will include in future filings the changes to the valuation reserve
during the year including the amounts charged to increase the reserve
balance and the amounts written off to reduce the valuation reserve
balance.
Valuation Reserve
Analysis
Florida Gaming
Corporation
12/31/2004
2004 2003
------- -------
Balance at the beginning of the year 119,669 65,796
Provision charged to operations 149,323 53,873
Charges to the reserve 0 0
------- -------
Ending balance 268,992 119,669
======= =======
2. In future filings we will disclose any possible outcomes related to our
lack of liquidity, such as curtailment of operations or lack of a business
plan. We will also disclose the impact of this deficit on our ability to
operate our business and meet our obligations as they become due. We will
refer to Item 303 (b) (1) of Regulation S-B.
<PAGE>
If you have any further questions, please do not hesitate to contact the
undersigned at (502) 589-2000 or facsimile (812) 945-7717. My mailing address is
Florida Gaming Corporation, 2669 Charlestown Road, Suite D, New Albany, IN
47150.
Sincerely,
Kimberly R. Tharp
Chief Financial Officer
</TEXT>
</DOCUMENT>