SEC Comment Letter for Worksport Ltd (WKSP) (CIK 0001096275) (WKSP) — Aug 7, 2015
Worksport Ltd (WKSP) (CIK 0001096275)
Date: Aug. 7, 2015 · CIK: 0001096275 · Accession: 0000000000-15-040611
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-205767
Letter
August 3 , 2015 Steven Rossi Chief Executive Officer Franchise Holdings International, Inc . 8820 Jane Street Vaughan, ON Canada, L4K 2M9
Re: Franchise Holdings International, Inc . Registration Statement on Form S-1 Filed July 21, 2015 File No. 333-205767
Dear Mr. Rossi :
This is to advise you that we have not reviewed and will not review your registration statement .
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 Act of 193 3 and all applicable Securities 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.
In the event you request acceleration of the effective date of the pending regist ration statement , please provide a written statement from the company acknowledging that:
should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing;
the action of the Commission or the staff, acting pursuant t o delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and
the company may not assert staff comments and the declaration of effect iveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.
Please refer to Rules 460 and 461 regarding requests for acceleration . We will consider a written request for acceler ation of the effective date of the registration statement as confirmation
Steven Rossi Franchise Holdings International, Inc . August 3 , 2015 Page 2
of the fact that those requesting acceleration are aware of their respective responsibilities under the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed public offering of the registered securities .
Please contact John Stickel at 202-551-3324 with any questions.
Sincerely,
/s/ Justin Dobbie
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August 3 , 2015 Steven Rossi Chief Executive Officer Franchise Holdings International, Inc . 8820 Jane Street Vaughan, ON Canada, L4K 2M9 Re: Franchise Holdings International, Inc . Registration Statement on Form S-1 Filed July 21, 2015 File No. 333-205767 Dear Mr. Rossi : This is to advise you that we have not reviewed and will not review your registration statement . 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 Act of 193 3 and all applicable Securities 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. In the event you request acceleration of the effective date of the pending regist ration statement , please provide a written statement from the company acknowledging that: should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing; the action of the Commission or the staff, acting pursuant t o delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and the company may not assert staff comments and the declaration of effect iveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. Please refer to Rules 460 and 461 regarding requests for acceleration . We will consider a written request for acceler ation of the effective date of the registration statement as confirmation Steven Rossi Franchise Holdings International, Inc . August 3 , 2015 Page 2 of the fact that those requesting acceleration are aware of their respective responsibilities under the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed public offering of the registered securities . Please contact John Stickel at 202-551-3324 with any questions. Sincerely, /s/ Justin Dobbie Justin Dobbie Legal Branch Chief