SEC Comment Letter for AMERICAN CHURCH MORTGAGE CO (CIK 0000934543) — Jun 13, 2005
AMERICAN CHURCH MORTGAGE CO (CIK 0000934543)
Date: June 13, 2005 · CIK: 0000934543 · Accession: 0000000000-05-029377
AI Filing Summary & Sentiment
Referenced dates: May 20, 2005
Letter
June 13, 2005 MaiStop 4561 Philip J. Myers American Church Mortgage Company 10237 Yellow Circle Drive Minnetonka, MN 55343
Re: American Church Mortgage Company Form 10-K for the year ended December 31, 2004 Filed March 31, 2005 File No. 33-87570
Dear Mr. Myers:
We have reviewed your response letter dated May 20, 2005 and have the following additional comment. If you disagree with our comment, we will consider your explanation as to why our comment is not applicable. Please be as detailed as necessary in your explanation.
Please understand that the purpose of our review 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.
Form 10-K for the year ended December 31, 2004
Bond Portfolio, page F-8
1. We have considered your response to our previous comment. Please tell us the fair value of the debt portfolio you calculated using your fundamental analysis and the difference between the fair value you calculated and the amortized cost for the years ended December 31, 2004, 2003 and 2002.
Please respond to the comments included in this letter within ten business days. Please file your response on EDGAR. If you have any questions, you may contact Robert Telewicz at (202) 551-3438 or me at (202) 551-3498.
Sincerely,
Linda van Doorn
Senior Assistant Chief Accountant
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<TEXT>
June 13, 2005
MaiStop 4561
Philip J. Myers
American Church Mortgage Company
10237 Yellow Circle Drive
Minnetonka, MN 55343
Re: American Church Mortgage Company
Form 10-K for the year ended December 31, 2004
Filed March 31, 2005
File No. 33-87570
Dear Mr. Myers:
We have reviewed your response letter dated May 20, 2005 and
have the following additional comment. If you disagree with our
comment, we will consider your explanation as to why our comment
is
not applicable. Please be as detailed as necessary in your
explanation.
Please understand that the purpose of our review 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.
Form 10-K for the year ended December 31, 2004
Bond Portfolio, page F-8
1. We have considered your response to our previous comment.
Please
tell us the fair value of the debt portfolio you calculated using
your fundamental analysis and the difference between the fair
value
you calculated and the amortized cost for the years ended December
31, 2004, 2003 and 2002.
Please respond to the comments included in this letter within ten
business days. Please file your response on EDGAR. If you have
any
questions, you may contact Robert Telewicz at (202) 551-3438 or me
at
(202) 551-3498.
Sincerely,
Linda van Doorn
Senior Assistant Chief Accountant
??
??
??
??
Philip J. Meyers
American Church Mortgage Company
June 13, 2005
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</TEXT>
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