SEC Company Response from GLOBAL PREFERRED HOLDINGS INC (CIK 0000947716) — Mar 11, 2005
GLOBAL PREFERRED HOLDINGS INC (CIK 0000947716)
Date: March 11, 2005 · CIK: 0000947716 · Accession: 0000950144-05-002421
AI Filing Summary & Sentiment
File numbers found in text: 000-23637
Referenced dates: September 29, 2004
Letter
<DESCRIPTION>RESPONSE LETTER <PAGE> March 11, 2005 Oscar M. Young Jr. Staff Accountant Securities and Exchange Commission Mail Stop 03-09 Washington, DC 20549
RE: GLOBAL PREFERRED HOLDINGS, INC. FORM 8-K FILED SEPTEMBER 27, 2004 FILE NO. 000-23637
Dear Mr. Young,
This letter is our response to your comment letter dated September 29, 2004, regarding the Global Preferred Holdings, Inc. Form 8-K filed September 27, 2004. Global Preferred Holdings, Inc. ("Global Preferred") acknowledges that:
- the Company is responsible for the adequacy and accuracy of disclosures in its filings,
- staff comments or changes to disclosure in response to staff comments in the filings reviewed by the staff do not foreclose the Commission from taking any action with respect to the filing, and
- the Company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.
Global Preferred filed a current report on Form 8-K on September 27, 2004 when our certifying accountant, Deloitte & Touche LLP ("Deloitte"), initially notified us of their resignation effective following the completion of their review of Global Preferred's interim financials statements for the quarter and nine months ended September 30, 2004. After Deloitte completed its review on November 12, 2004, Global Preferred filed a current report on Form 8-K on November 18, 2004 specifying the resignation date, updating the disclosures required by Item 304(a)(1)(iv) and (v) and filing a letter from Deloitte addressing the revised disclosure.
Sincerely,
Global Preferred Holdings, Inc.
Show Raw Text
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>g93797corresp.txt
<DESCRIPTION>RESPONSE LETTER
<TEXT>
<PAGE>
March 11, 2005
Oscar M. Young Jr.
Staff Accountant
Securities and Exchange Commission
Mail Stop 03-09
Washington, DC 20549
RE: GLOBAL PREFERRED HOLDINGS, INC.
FORM 8-K FILED SEPTEMBER 27, 2004
FILE NO. 000-23637
Dear Mr. Young,
This letter is our response to your comment letter dated September 29, 2004,
regarding the Global Preferred Holdings, Inc. Form 8-K filed September 27, 2004.
Global Preferred Holdings, Inc. ("Global Preferred") acknowledges that:
- the Company is responsible for the adequacy and accuracy of
disclosures in its filings,
- staff comments or changes to disclosure in response to staff
comments in the filings reviewed by the staff do not foreclose
the Commission from taking any action with respect to the
filing, and
- the Company may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the
federal securities laws of the United States.
Global Preferred filed a current report on Form 8-K on September 27, 2004 when
our certifying accountant, Deloitte & Touche LLP ("Deloitte"), initially
notified us of their resignation effective following the completion of their
review of Global Preferred's interim financials statements for the quarter and
nine months ended September 30, 2004. After Deloitte completed its review on
November 12, 2004, Global Preferred filed a current report on Form 8-K on
November 18, 2004 specifying the resignation date, updating the disclosures
required by Item 304(a)(1)(iv) and (v) and filing a letter from Deloitte
addressing the revised disclosure.
Sincerely,
Global Preferred Holdings, Inc.
By: /s/ Bradley E. Barks
---------------------------------
Name: Bradley E. Barks
Title: Chief Financial Officer
</TEXT>
</DOCUMENT>