SEC Company Response from First National Power Corp. (CIK 0001142129) — Jul 19, 2005
First National Power Corp. (CIK 0001142129)
Date: July 19, 2005 · CIK: 0001142129 · Accession: 0001056520-05-000122
AI Filing Summary & Sentiment
File numbers found in text: 333-62588
Referenced dates: July 12, 2005
Letter
Division of Corporate Finance Washington, DC 20549 Re: First National Power Corporation Your File No. 333-62588 Form 10-KSB for the year ended December 31, 2004.
Dear Mr. Babula and Mr. Moran:
On behalf of First National Power Corporation ("First National Power"), I have been requested to respond to the Securities and Exchange Commission ("SEC") comment letter dated July 12, 2005, referencing First National Power's Form 10-KSB for the year ended December 31, 2004. The responses in this letter correspondence to the comments contained in the letter of July, 2005.
Form 10-K for the year ended December 31, 2004
1. Darryl Mills initiated the departure for personal reasons, although he also informed the Company that because of the change in the business focus to the development of alternative energies, such a focus was outside of Mr. Mills' expertise, and he did not feel he was capable of providing adequate assistance to First National Power in that field.
2. Upon Mr. Mills' departure, he offered to waive repayment for the debts that were due to entities related to him, due to the financial position of the Company at that time. Neither he nor any entity directly or indirectly related to him have received additional compensation from First National Power since the date of Mr. Mill's departure.
Please contact me if the SEC has further questions or comments regarding this filing. Of course, we are aware that the SEC may also have additional comments after it reviews the Form 10-KSBA, when filed.
Very truly yours,
PARSONS LAW FIRM
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PARSONS LAW FIRM
PARSONS LAW FIRM
ATTORNEYS AT LAW
SUITE
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10900
NE 4TH STREET
BELLEVUE, WASHINGTON 98004
(425)
451-8036 FAX (425) 451-8568
James B.
Parsons*
e-mail firm-info@parsonslaw.biz
*Also admitted in Oregon and
jparsons@parsonslaw.biz
the Northern Mariana Islands
VIA FACSIMILE AND EDGAR CORRESPONDENCE
July 14, 2005
Mr. Robert Babula
Mr. Michael Moran
Division of Corporate Finance
U.S. Securities and Exchange
Commission
Washington, DC 20549
Re: First National Power
Corporation
Your File No. 333-62588
Form 10-KSB for the year
ended December 31, 2004.
Dear Mr. Babula and Mr. Moran:
On behalf of First National Power Corporation ("First National Power"), I
have been requested to respond to the Securities and Exchange Commission ("SEC")
comment letter dated July 12, 2005, referencing First National Power's Form
10-KSB for the year ended December 31, 2004. The responses in this letter
correspondence to the comments contained in the letter of July, 2005.
Form 10-K for the year ended December 31, 2004
1. Darryl Mills initiated the departure for personal
reasons, although he also informed the Company that because of the change in the
business focus to the development of alternative energies, such a focus was
outside of Mr. Mills' expertise, and he did not feel he was capable of providing
adequate assistance to First National Power in that field.
2. Upon Mr. Mills' departure,
he offered to waive repayment for the debts that were due to entities related to
him, due to the financial position of the Company at that time. Neither he nor
any entity directly or indirectly related to him have received additional
compensation from First National Power since the date of Mr. Mill's departure.
Please contact me if the SEC has further questions or comments regarding this
filing. Of course, we are aware that the SEC may also have additional comments
after it reviews the Form 10-KSBA, when filed.
Very truly yours,
PARSONS LAW FIRM
James B. Parsons
JBP:kla