SEC Comment Letter for Worksport Ltd (WKSP) (CIK 0001096275) (WKSP) — Mar 25, 2015
Worksport Ltd (WKSP) (CIK 0001096275)
Date: March 25, 2015 · CIK: 0001096275 · Accession: 0000000000-15-017690
AI Filing Summary & Sentiment
Reasoning
Letter
March 25 , 2015 Mr. Steven Rossi Chief Executive Officer Franchise Holdings International, Inc. 1895 Clements Rd., Suite 155 Pickering, Ontario, Canada M1P 4Y9
Re: Franchise Holdings International, Inc. Revised Pr eliminary Information Statement on Schedule 14C Filed March 11 , 2015 File No. 000 -27631
Dear Mr. Rossi :
We have reviewed your filing an d have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.
Please respond to these comments within ten busine ss days by providing the requested information or advis e us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances , please tell us why in your response.
After reviewing your response to these comments, we may have additional comments.
Incorporation by Reference, page 10
1. We note that you have incorporated by reference the information required by Item 1 3 of Schedule 14A. It appears that you intend to rely upon Item 13(b)(2) to incorporate the required information by reference . If so, please confirm that you will deliver the information incorporated by reference in the information statement to shareholde rs at the same time as you send them the information statement.
2. We note your response to comment 1. However, it appears that you are ineligible to incorporate by reference the disclosure required by Item14(c) of Schedule 14A. Please revise your filing to include the required disclosure. Refer to Item 14(e) of Schedule 14A.
We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing to be certain that the filing includes the information the Securities Exchange A ct of 1934 and all applicable Exchange Act rules require. Since the company and its management are in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made.
Steven Rossi Franchise Holdings International, Inc. March 25 , 2015 Page 2
Please contact Michael Kennedy, Staff Attorney , at 202-551-3832 , Jennifer L ópez, Staff Attorney, at 202 -551-3792, or me at 202-551-3720 with any other questions.
Sincerely,
/s/ Jennif er López for
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March 25 , 2015 Mr. Steven Rossi Chief Executive Officer Franchise Holdings International, Inc. 1895 Clements Rd., Suite 155 Pickering, Ontario, Canada M1P 4Y9 Re: Franchise Holdings International, Inc. Revised Pr eliminary Information Statement on Schedule 14C Filed March 11 , 2015 File No. 000 -27631 Dear Mr. Rossi : We have reviewed your filing an d have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten busine ss days by providing the requested information or advis e us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances , please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Incorporation by Reference, page 10 1. We note that you have incorporated by reference the information required by Item 1 3 of Schedule 14A. It appears that you intend to rely upon Item 13(b)(2) to incorporate the required information by reference . If so, please confirm that you will deliver the information incorporated by reference in the information statement to shareholde rs at the same time as you send them the information statement. 2. We note your response to comment 1. However, it appears that you are ineligible to incorporate by reference the disclosure required by Item14(c) of Schedule 14A. Please revise your filing to include the required disclosure. Refer to Item 14(e) of Schedule 14A. We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing to be certain that the filing includes the information the Securities Exchange A ct of 1934 and all applicable Exchange Act rules require. Since the company and its management are in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made. Steven Rossi Franchise Holdings International, Inc. March 25 , 2015 Page 2 Please contact Michael Kennedy, Staff Attorney , at 202-551-3832 , Jennifer L ópez, Staff Attorney, at 202 -551-3792, or me at 202-551-3720 with any other questions. Sincerely, /s/ Jennif er López for Mara L. Ransom Assistant Director Cc: Matthew McMurdo, Esq.