SEC Company Response from Myriad Entertainment & Resorts, Inc. (CIK 0001042501) — Nov 30, 2005
Myriad Entertainment & Resorts, Inc. (CIK 0001042501)
Date: Nov. 30, 2005 · CIK: 0001042501 · Accession: 0001019687-05-003294
AI Filing Summary & Sentiment
File numbers found in text: 000-24789
Letter
10390 SANTA MONICA BOULEVARD, FOURTH FLOOR LOS ANGELES, CALIFORNIA 90025-5058 TELEPHONE (310) 788-0800 __________ FAX (310) 788-3925 November 30, 2005 VIA FEDERAL EXPRESS AND VIA FACSIMILE TRANSMISSION -------------------------------------------------- Linda Cvrkel, Branch Chief Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549
Re: Myriad Entertainment & Resorts, Inc. Form 10-KSB for the year ended December 31, 2004 Form 10-QSB for the period ended March 31, 2005 Commission File #: 000-24789 ----------------------------
Dear Ms. Cvrkel:
On behalf of Myriad Entertainment & Resorts, Inc., a Delaware corporation (the "Company"), and at its direction, we are responding to your August 1, 2005 comment letter, a copy of which is enclosed for your convenience. The responses set forth below are numbered to correspond to the comments in your letter as marked.
******************************* Form 10-KSB for the year ended December 31, 2004
1. The Company has undertaken the exercise of properly allocating the costs incurred by Myriad-Golf between the Company, Myriad-Tunica and Myriad-Golf and has amended the Company's filings to properly reflect these cost allocations, including the related equity method recognition of the Company's share of Myriad-Tunica's operating loss which results from this allocation. Additionally, the Company has amended the Company's filings to include appropriate disclosures related to these allocations.
Note 2. Investment in Myriad World Resorts of Tunica, LLC ---------------------------------------------------------
2. Note 1d states that Management had evaluated the investment and concluded that as of December 31, 2004 no impairment was required to be recognized. This disclosure has been added to Note 2.
<PAGE>
Linda Cvrkel, Branch Chief Securities and Exchange Commission November 30, 2005 Page 2
Note 7. Related Party Transactions ----------------------------------
3. As noted in the response to question 1 above the exercise of properly allocating and recognizing the costs incurred by Myriad-Golf which are attributable to the Company has been undertaken and the Company's filings have been amended to reflect these allocations and the related disclosures.
* * * * *
If you have any questions or comments regarding the foregoing, or if you require any additional information, please call the undersigned at (310) 788-0800. Kindly acknowledge the receipt of the enclosed material by stamping the enclosed duplicate copy of this letter and returning it in the prepaid reply envelope provided. We thank you in advance for your prompt attention to this matter.
Very truly yours,
LAW OFFICES OF JEFFREY D. SEGAL,
A PROFESSIONAL CORPORATION,
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LAW OFFICES OF
JEFFREY D. SEGAL
A PROFESSIONAL CORPORATION
10390 SANTA MONICA BOULEVARD, FOURTH FLOOR
LOS ANGELES, CALIFORNIA 90025-5058
TELEPHONE
(310) 788-0800
__________
FAX
(310) 788-3925
November 30, 2005
VIA FEDERAL EXPRESS AND VIA FACSIMILE TRANSMISSION
--------------------------------------------------
Linda Cvrkel, Branch Chief
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Myriad Entertainment & Resorts, Inc.
Form 10-KSB for the year ended December 31, 2004
Form 10-QSB for the period ended March 31, 2005
Commission File #: 000-24789
----------------------------
Dear Ms. Cvrkel:
On behalf of Myriad Entertainment & Resorts, Inc., a Delaware
corporation (the "Company"), and at its direction, we are responding to your
August 1, 2005 comment letter, a copy of which is enclosed for your convenience.
The responses set forth below are numbered to correspond to the comments in your
letter as marked.
*******************************
Form 10-KSB for the year ended December 31, 2004
1. The Company has undertaken the exercise of properly allocating the
costs incurred by Myriad-Golf between the Company, Myriad-Tunica and Myriad-Golf
and has amended the Company's filings to properly reflect these cost
allocations, including the related equity method recognition of the Company's
share of Myriad-Tunica's operating loss which results from this allocation.
Additionally, the Company has amended the Company's filings to include
appropriate disclosures related to these allocations.
Note 2. Investment in Myriad World Resorts of Tunica, LLC
---------------------------------------------------------
2. Note 1d states that Management had evaluated the investment and
concluded that as of December 31, 2004 no impairment was required to be
recognized. This disclosure has been added to Note 2.
<PAGE>
Linda Cvrkel, Branch Chief
Securities and Exchange Commission
November 30, 2005
Page 2
Note 7. Related Party Transactions
----------------------------------
3. As noted in the response to question 1 above the exercise of
properly allocating and recognizing the costs incurred by Myriad-Golf which are
attributable to the Company has been undertaken and the Company's filings have
been amended to reflect these allocations and the related disclosures.
* * * * *
If you have any questions or comments regarding the foregoing, or if
you require any additional information, please call the undersigned at (310)
788-0800. Kindly acknowledge the receipt of the enclosed material by stamping
the enclosed duplicate copy of this letter and returning it in the prepaid reply
envelope provided. We thank you in advance for your prompt attention to this
matter.
Very truly yours,
LAW OFFICES OF JEFFREY D. SEGAL,
A PROFESSIONAL CORPORATION,
By: ___/s/ Jeffrey D. Segal_________
Jeffrey D. Segal, President
JDS:pt
Enclosure
cc: Scott Hawrelechko, President/CEO (w/ encl.)
Gregory E. Barnes, CPA (w/ encl.)
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