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SEC Company Response from SILVER SCREEN STUDIOS INC (CIK 0001262456) — Jun 21, 2005

SILVER SCREEN STUDIOS INC (CIK 0001262456)
Date: June 21, 2005 · CIK: 0001262456 · Accession: 0001262456-05-000011

AI Filing Summary & Sentiment

Date
June 21, 2005
Author
Not clearly detected
Form
CORRESP
Company
SILVER SCREEN STUDIOS INC (CIK 0001262456)

Letter

Silver Screen Studios, Inc. 2002 Perimeter Summit Blvd. Suite 1275 Atlanta, GA 30319 (404) 751-3450 phone (404) 522-1447 fax sssu@mindspring.com June 21, 2005 Letter of Date June 7, 2005 James Webster, Staff Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549-0312

Dear Sir:

We are responding to your letter of date June 7, 2005.

We will address each comment in your letter and this is our reply.

Financial Statements:

General:

1. We will file the Form 10KSB/A as soon as our auditor makes the necessary amendments to the Form 10KSB.

Statement of Cash Flows, page F-7

2. Our auditor made the entry on the financial statements and we are in the process of interpreting the language to see if it is necessary to amend the Form 10KSB.

Note 2. Operating Facilities, Page F-11.

3. We have reviewed your reference to SAB Topic 5.T and it is our interpretation of SAB Topic 5.T that it applies to principal shareholders. It is our interpretation that a principal shareholder would have to own a controlling interest in the entity to be subject to SAB Topic 5.T.

If there are any further questions, please forward to our attention for immediate review.

Sincerely,
Silver Screen Studios, Inc.

Show Raw Text
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.txt
<TEXT>
                 Silver Screen Studios, Inc.
                 2002 Perimeter Summit Blvd.
                         Suite 1275
                      Atlanta, GA 30319
                    (404) 751-3450 phone
                     (404) 522-1447 fax
                     sssu@mindspring.com

                        June 21, 2005

                 Letter of Date June 7, 2005

James Webster, Staff Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549-0312

Dear Sir:

We are responding to your letter of date June 7, 2005.

We  will address each comment in your letter and this is our
reply.

Financial Statements:

General:

  1.    We will file the Form 10KSB/A as soon as our auditor
     makes the necessary amendments to the Form 10KSB.

Statement of Cash Flows, page F-7

  2.   Our auditor made the entry on the financial statements
     and we are in the process of interpreting the language to
     see if it is necessary to amend the Form 10KSB.

Note 2. Operating Facilities, Page F-11.

  3.   We have reviewed your reference to SAB Topic 5.T and it
     is our interpretation of SAB Topic 5.T that it applies to
     principal shareholders.  It is our interpretation that a
     principal  shareholder would have to own a  controlling
     interest in the entity to be subject to SAB Topic 5.T.

If  there are any further questions, please forward  to  our
attention for immediate review.

Sincerely,

Silver Screen Studios, Inc.

/s/ Otto Fletcher, III, CEO
______________________________
Otto Fletcher, CEO.

</TEXT>
</DOCUMENT>