SEC Comment Letter for Genesis Electronics Group, Inc. (CIK 0001302913) — Aug 9, 2005
Genesis Electronics Group, Inc. (CIK 0001302913)
Date: Aug. 9, 2005 · CIK: 0001302913 · Accession: 0000000000-05-040943
AI Filing Summary & Sentiment
File numbers found in text: 333-118993
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<TYPE>LETTER
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<FILENAME>filename1.txt
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Mail Stop 6010
August 5, 2005
Joe Puentes
President
Pricester.com, Inc.
3900 Hollywood Blvd.
Suite 203
Hollywood, FL 33021
Re: Pricester.com, Inc.
Amendment No. 9 to Registration Statement on Form SB-2
Filed July 29, 2005
File No 333-118993
Dear Mr. Puentes:
We have reviewed your filing and have the following comments.
Where indicated, we think you should revise your document in
response
to these comments. If you disagree, we will consider your
explanation as to why our comment is inapplicable or a revision is
unnecessary. Please be as detailed as necessary in your
explanation.
In some of our comments, we may ask you to provide us with
information so we may better understand your disclosure. After
reviewing this information, we may raise additional comments.
General
1. Please add a section to discuss recent developments to discuss
results of operations and liquidity for the quarter ended June 30,
2005.
2. Please update the disclosure to the extent practical. For
example, discuss the status of your plans to apply to the OTC
Electronic Bulletin Board and the status of your plans to enter
into
employment agreements with your officers and directors.
Security Ownership of Certain Beneficial Owners and Management,
page
46
3. Please disclose the amounts paid by your officers and directors
to
purchase your common stock.
As appropriate, please amend your registration statement in
response to these comments. You may wish to provide us with
marked
copies of the amendment to expedite our review. Please furnish a
cover letter with your amendment that keys your responses to our
comments and provides any requested information. Detailed cover
letters greatly facilitate our review. Please understand that we
may
have additional comments after reviewing your amendment and
responses
to our comments.
You may contact Tara Harkins at (202) 551-3639 or Jay Webb
at
(202) 551-3603 if you have questions regarding comments on the
financial statements and related matters. Please contact me at
(202)
551-3602 with any other questions.
Sincerely,
Thomas A. Jones
Senior Attorney
cc (via fax): Jody Walker, Esq.
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Joe Puentes
Pricester.com, Inc.
August 5, 2005
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