SEC Company Response from INTERPLAY ENTERTAINMENT CORP (CIK 0001057232) — Nov 14, 2005
INTERPLAY ENTERTAINMENT CORP (CIK 0001057232)
Date: Nov. 14, 2005 · CIK: 0001057232 · Accession: 0001170918-05-000807
AI Filing Summary & Sentiment
File numbers found in text: 000-27338
Referenced dates: August 10, 2005
Letter
[INTERPLAY ENTERTAINMENT CORP LETTERHEAD] Office of the Secretary November 14, 2005 Securities and Exchange Commission 100 F.Street North East Washington , D.C. 20549-0406
RE : Interplay Entertainment Corp. (IPLY) Form 10-K for the Fiscal Year ended December 31, 2004 Form 10-Q for the Fiscal Quarter ended March 31, 2005 File No. 000-27338
Dear Sir/ Madam:
Interplay Entertainment Corp. has the following responses to the letter dated August 10, 2005.
Question #1: Item 9A Controls and Procedures, page 38, Form 10-K for the Fiscal Year December 31, 2004.
The controls and procedures were of limited effectiveness as a consequence of Interplay Entertainment Corp. being evicted from their premises by its landlord in mid 2004. Subsequently the Company established a new office, reinstated computer systems and gathered historical files for the reporting of the 10-K. Today, we conclude that the Company's disclosure controls and procedures were effective as of December 31, 2004.
Question #2.
On January 18, 2005, the Controller at that time, Jim Madden, resigned, causing Squar Milner to note a material weakness. Management appointed a new Controller to takeover the reporting duties from the previous Controller and hired additional temporary accounting staff.
Question #3.
The new Controller started with Interplay Entertainment Corp. during the March 31, 2005 quarter. There was no assurance that he had sufficient knowledge of the Company's prior matters and affairs to be able to alert management of material information required to be included in this report. Today we conclude disclosure controls and procedures were effective in preparing the report correctly. The Company has taken steps to remediate the material weaknesses by relocating to new offices, hiring a new Controller, gathering archives and reinstalling all computer systems.
1682 Langley Avenue < Irvine < CA < 92606 < USA < PHONE: 310/432.1958 < FAX: 310/432.1959 <PAGE>
Question #4:
Our disclosure controls and procedures are indeed designed to provide reasonable assurance of achieving their objectives.
Sincerely,
/s/ Herve Caen
-----------------------
Herve Caen
Chairman & CEO
Show Raw Text
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[INTERPLAY ENTERTAINMENT CORP LETTERHEAD]
Office of the Secretary November 14, 2005
Securities and Exchange Commission
100 F.Street North East
Washington , D.C. 20549-0406
RE : Interplay Entertainment Corp. (IPLY)
Form 10-K for the Fiscal Year ended December 31, 2004
Form 10-Q for the Fiscal Quarter ended March 31, 2005
File No. 000-27338
Dear Sir/ Madam:
Interplay Entertainment Corp. has the following responses to the letter dated
August 10, 2005.
Question #1: Item 9A Controls and Procedures, page 38, Form 10-K for the Fiscal
Year December 31, 2004.
The controls and procedures were of limited effectiveness as a consequence of
Interplay Entertainment Corp. being evicted from their premises by its landlord
in mid 2004. Subsequently the Company established a new office, reinstated
computer systems and gathered historical files for the reporting of the 10-K.
Today, we conclude that the Company's disclosure controls and procedures were
effective as of December 31, 2004.
Question #2.
On January 18, 2005, the Controller at that time, Jim Madden, resigned, causing
Squar Milner to note a material weakness. Management appointed a new Controller
to takeover the reporting duties from the previous Controller and hired
additional temporary accounting staff.
Question #3.
The new Controller started with Interplay Entertainment Corp. during the March
31, 2005 quarter. There was no assurance that he had sufficient knowledge of the
Company's prior matters and affairs to be able to alert management of material
information required to be included in this report. Today we conclude disclosure
controls and procedures were effective in preparing the report correctly. The
Company has taken steps to remediate the material weaknesses by relocating to
new offices, hiring a new Controller, gathering archives and reinstalling all
computer systems.
1682 Langley Avenue < Irvine < CA < 92606 < USA < PHONE: 310/432.1958
< FAX: 310/432.1959
<PAGE>
Question #4:
Our disclosure controls and procedures are indeed designed to provide reasonable
assurance of achieving their objectives.
Sincerely,
/s/ Herve Caen
-----------------------
Herve Caen
Chairman & CEO
Cc: Christopher White
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