SEC Comment Letter for Enlightify Inc. (ENFY) (CIK 0000857949) (ENFY) — Sep 11, 2008
Enlightify Inc. (ENFY) (CIK 0000857949)
Date: Sept. 11, 2008 · CIK: 0000857949 · Accession: 0000000000-08-045948
AI Filing Summary & Sentiment
File numbers found in text: 333-149135
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Mail Stop 3561 July 24, 2008 Mr. Tao Li Chief Executive Officer China Green Agriculture, Inc. 3 rd Floor, Borough A, Block A No. 181, South Taibai Road Shaanxi Province, People’s Republic of China 710065 Re: China Green Agriculture, Inc. Amendment No. 4 to Registrati on Statement on Form S-1 File No. 333-149135 Filed on July 18, 2008 Dear Mr. Li, We have reviewed your filing and have the following comments. Where indicated, we think you should re vise your document in response to these comments. If you disagree, we will consider your explanation as to why our comment is inapplicable or a revision is unnecessary. Please be as deta iled as necessary in your explanation. In some of our comments, we may ask you to provide us with supplemental information so we may better understand your disclosure. Af ter reviewing this information, we may or may not raise additional comments. Please understand that the purpose of our re view process is to assist you in your compliance with the applicable disclosure requirements and to enhance the overall disclosure in your filing. We look forward to working with you in these respects. We welcome any questions you may have about our comments or on any other aspect of our review. Feel free to call us at the telephone numbers listed at the end of this letter. There is currently a limited trading market…, page 22 1. We note that there is an established market for your shares. Please delete the final sentence of the second paragraph of this section. Market for Common Equity and Related Stockholder Matters, page 32 2. Refer to the final sentence of the first pa ragraph of this sect ion. We note that you were listed on the OTC:BB on August 28, 2007. Please revise this section to remove the statement that you “had no established public trading market for [your] common stock until February 2008.” China Green Agriculture, Inc. July 24, 2008 Page 2 As appropriate, please amend the regist ration statement in response to these comments. You may wish to provide us with marked copies of the amendment to expedite our review. Please furnish a cove r letter with your amendment that keys your responses to our comments and provides any requested supplemental information. Detailed cover letters greatly facilitate our review. Please understa nd that we may have additional comments after reviewing your amendment and responses to our comments. We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filings reviewed by the staff to be certain that they have provided all information investors require for an info rmed decision. Since the company and its management are in possession of all facts re lating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made. Notwithstanding our comments, in the even t the company requests acceleration of the effective date of the pending registration statement, it should furnish a letter, at the time of such request, acknowledging that: • Should the Commission or the staff, acti ng pursuant to delegated authority, declare the filing effective, it does no t foreclose the Commission from taking any action with respect to the filing; • The action of the Commission or the staff, acting pursuant to delegated authority in declaring the filing effec tive, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and • The company may not assert this ac tion as a defense in any proceeding initiated by the Commission or any pers on under the federal s ecurities laws of the United States. In addition, please be advise d that the Division of Enfo rcement has access to all information you provide to the staff of the Di vision of Corporation Finance in connection with our review of your filing or in response to our comments on your filing. We will consider a written request for acceleration of the effective date of the registration statement as a confirmation of th e fact that those reque sting acceleration are aware of their respective re sponsibilities under the S ecurities Act of 1933 and the Securities Exchange Act of 1934 as they rela te to the proposed public offering of the securities specified in the above registration statement. We will act on the request and, pursuant to delegated authority, grant acceleration of the effective date. We direct your attention to Rules 46 0 and 461 regarding requesting acceleration of a registration statement. Please allow ad equate time after the filing of any amendment for further review before submitting a request for acceleration. Please provide this request at least two business days in a dvance of the requested effective date. China Green Agriculture, Inc. July 24, 2008 Page 3 You may contact Beverly Si ngleton at (202) 551-3328 or Margery Reich at (202) 551-3347, if you have questions regarding co mments on the financial statements and related matters. Please cont act Daniel Morris at (202) 551-3314 or me at (202) 551-3755 with any other questions. Sincerely, Max A. Webb Assistant Director