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
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<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.
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