SEC Company Response from SKREEM ENTERTAINMENT CORP (CIK 0000925661) — Oct 5, 2005
SKREEM ENTERTAINMENT CORP (CIK 0000925661)
Date: Oct. 5, 2005 · CIK: 0000925661 · Accession: 0001026700-05-000129
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<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.txt
<TEXT>
Skreem Entertainment Corporation
11637 Orpington Street
Orlando, Florida 32817
VIA FEDERAL EXPRESS
October 5, 2005
Mail Stop 3561
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
To Whom It May Concern:
This letter is in response to the letter sent to us dated October 3, 2005 with
comments on the Form SB-2 filed on September 19, 2005.
We will file today, through the EDGAR system, a fifth amendment to the Form
SB-2 originally filed on May 4, 2005 to address comments raised in your letter.
I have enclosed three redlined copies for your convenience.
Summary
1. The summary page has been revised to state that the shares being
registered for the selling shareholders is being registered for sale,
not resale.
Risk Factors
2. The Risk factor has been modified as described in the comment.
Selling Security Holders
3. The column, share amount owned before the resale offering, was
unnecessary and has been deleted.
4. The table has been amended to show the result of Mr. Martin selling
100% of his shares and the corresponding footnote has been deleted.
Notes to the financial statements
5. The transaction resulting in the return of 3.5 million shares to the
treasury was as follows:
An individual received 3.5 million shares of stock for compensation. The
individual was to serve as the company's president, secretary, and sole director
and bring all of the company's past due '34 act filings current. When it was
determined that the individual was unable to fulfill this agreement, the
individual voluntarily returned the 3.5 million shares of compensation.
The Company acknowledges that should the Commission or the staff, acting
pursuant to delegated authority, declare the filing effective, it does not
foreclose the Commission from taking any action with respect to the filing.
The Company also acknowledges that the action of the Commission or the staff,
acting pursuant to delegated authority, in declaring the filing effective, does
not relieve the company from its full responsibility for the adequacy and
accuracy of the disclosure in the filing.
The Company acknowledges that it may not assert staff comments and the
declaration of effectiveness as a defense in any proceeding initiated by the
Commission or an person under the federal securities laws of the United States.
Sincerely,
___/s/ Charles Camorata_____
Charles Camorata
Chief Executive Officer
</TEXT>
</DOCUMENT>