SEC Comment Letter for Future FinTech Group Inc. (FTFT) (CIK 0001066923) (FTFT) — Jan 10, 2008
Future FinTech Group Inc. (FTFT) (CIK 0001066923)
Date: Jan. 10, 2008 · CIK: 0001066923 · Accession: 0000000000-08-001819
AI Filing Summary & Sentiment
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Letter
Mail Stop 6010 January 10, 2008 Terence F. Leong, Director Entech Environmental Technologies Inc. 3233 Grand Avenue, Suite N-353 Chino Hills, California 91709 Via U S Mail and FAX to Counsel [ 305-531-1274 ]
Re: Entech Environmental Technologies Inc. Form 8-K for Item 4.01 Filed January 9, 2008 File No. 0-32249
Dear Mr. Leong: We have reviewed your filing and have the following comments. Where indicated, we think you should re vise your document in response to these comments. If you disagree, we will consider your explanation as to why our comments are inapplicable or a revision is unnecessary. After reviewi ng this information, we may raise additional comments. Please understand that the purpose of our re view 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 any other aspect of our review. Feel free to call the applicable sta ff person at the telephone number listed at the end of this letter.
Mr. Terence F. Leong Entech Environmental Technologies Inc. January 10, 2008 Page 2 Form 8-K Filed January 9, 2008
1. Please amend your report to include all of the information required by Item 304 of Regulation S-B, including a statement as to whether your former auditors resigned, declined to stand for re-election, or were dismissed. 2. Please amend your report to cover the interim period from the date of the last audited financial statements to May 15, 2007, the date of the change in accountants. See Item 304(a )(1)(iv) of Regulation S-B. Also, include as an exhibit a letter from your former audito rs addressing the revised disclosures. 3. Please explain to us the reasons for the de lay in filing Form 8-K for Item 4.01. As discussed in General Instruction B to Form 8-K, this report is due four business days after the event of th e change in accountants. Since the change was on May 15, 2007, the Form 8-K was due on or befo re May 21, 2007. Please tell us in detail why there was a delay of more th an seven months before you filed this report on January 9, 2008. 4. The delay in filing the Form 8-K for Item 4.01 affects your status as a timely filer and may impact your eligibility requir ements to use certain registration statements.
Please file your response and amendm ent via EDGAR in response to these comments within 5 business days after the date of this letter. Please contact the staff immediately if you require longer th an 5 business days to respond.
We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing review ed by the staff to be certain that they have provided all information investors require for an inform ed decision. Since the registrant and its management are in possession of all facts rela ting to a registrant’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made.
Mr. Terence F. Leong Entech Environmental Technologies Inc. January 10, 2008 Page 3 In connection with responding to our comments, please provide, in writing, a statement from the registrant acknowledging that: • the registrant is responsible for the adequacy and accuracy of the disclosure in the filing; • staff comments or changes to disclosu re in response to staff comments do not foreclose the Commission from taking any action with respect to the filing; and • the registrant may not assert st aff comments as a defense in any proceeding initiated by the Commissi on or any person under the federal securities laws of the United States. In addition, please be advise d that the Division of Enfo rcement has access to all information you provide to the staff of the Divi sion of Corporation Fi nance in our review of your filing or in response to our comments on your filing. If you have any questions, please call me at (202) 551-3606. In my absence, you may call Brian Cascio, Branch Chief at (202) 551-3676. S i n c e r e l y , J e a n n e B e n n e t t S t a f f A c c o u n t a n t
Copy to: Joseph I. Emas, Esq. Fax 305-531-1274
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Mail Stop 6010
January 10, 2008
Terence F. Leong, Director Entech Environmental Technologies Inc. 3233 Grand Avenue, Suite N-353 Chino Hills, California 91709 Via U S Mail and FAX to Counsel [ 305-531-1274 ]
Re: Entech Environmental Technologies Inc.
Form 8-K for Item 4.01
Filed January 9, 2008
File No. 0-32249
Dear Mr. Leong:
We have reviewed your filing and have the following comments. Where
indicated, we think you should re vise your document in response to these comments. If
you disagree, we will consider your explanation as to why our comments are inapplicable
or a revision is unnecessary. After reviewi ng this information, we may raise additional
comments. Please understand that the purpose of our re view 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 any other aspect of our review. Feel free to call the applicable sta ff person at the telephone number listed at the
end of this letter.
Mr. Terence F. Leong Entech Environmental Technologies Inc. January 10, 2008 Page 2
Form 8-K Filed January 9, 2008
1. Please amend your report to include all of the information required by Item 304 of
Regulation S-B, including a statement as to whether your former auditors
resigned, declined to stand for re-election, or were dismissed.
2. Please amend your report to cover the interim period from the date of the last audited financial statements to May 15, 2007, the date of the change in accountants. See Item 304(a )(1)(iv) of Regulation S-B. Also, include as an
exhibit a letter from your former audito rs addressing the revised disclosures.
3. Please explain to us the reasons for the de lay in filing Form 8-K for Item 4.01. As
discussed in General Instruction B to Form 8-K, this report is due four business
days after the event of th e change in accountants. Since the change was on May
15, 2007, the Form 8-K was due on or befo re May 21, 2007. Please tell us in
detail why there was a delay of more th an seven months before you filed this
report on January 9, 2008.
4. The delay in filing the Form 8-K for Item 4.01 affects your status as a timely filer
and may impact your eligibility requir ements to use certain registration
statements.
Please file your response and amendm ent via EDGAR in response to these
comments within 5 business days after the date of this letter. Please contact the staff
immediately if you require longer th an 5 business days to respond.
We urge all persons who are responsible for the accuracy and adequacy of the
disclosure in the filing review ed by the staff to be certain that they have provided all
information investors require for an inform ed decision. Since the registrant and its
management are in possession of all facts rela ting to a registrant’s disclosure, they are
responsible for the accuracy and adequacy of the disclosures they have made.
Mr. Terence F. Leong Entech Environmental Technologies Inc. January 10, 2008 Page 3 In connection with responding to our comments, please provide, in writing, a statement from the registrant acknowledging that:
• the registrant is responsible for the adequacy and accuracy of the
disclosure in the filing;
• staff comments or changes to disclosu re in response to staff comments
do not foreclose the Commission from taking any action with respect to
the filing; and
• the registrant may not assert st aff comments as a defense in any
proceeding initiated by the Commissi on or any person under the federal
securities laws of the United States.
In addition, please be advise d that the Division of Enfo rcement has access to all
information you provide to the staff of the Divi sion of Corporation Fi nance in our review
of your filing or in response to our comments on your filing. If you have any questions, please call me at (202) 551-3606. In my absence, you
may call Brian Cascio, Branch Chief at (202) 551-3676. S i n c e r e l y , J e a n n e B e n n e t t S t a f f A c c o u n t a n t
Copy to: Joseph I. Emas, Esq. Fax 305-531-1274