SEC Comment Letter for Stratos Renewables Corp (SRNW) (CIK 0001321517) — Apr 13, 2022
Stratos Renewables Corp (SRNW) (CIK 0001321517)
Date: April 13, 2022 · CIK: 0001321517 · Accession: 0000000000-22-003999
AI Filing Summary & Sentiment
File numbers found in text: 000-53187
Letter
United States securities and exchange commission logo April 13, 2022 George Sharp President and Director Stratos Renewables Corp 3535 Executive Terminal Drive Henderson, NV 89052 Re:Stratos Renewables Corp Amendment No. 1 to Registration Statement on Form 10-12G Filed April 8, 2022 File No. 000-53187 Dear Mr. Sharp: We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response and any amendment you may file in response to these comments, we may have additional comments. Amendment No. 1 to Registration Statement on Form 10-12G Our CEO and President has voting control through his ownership of the Series B preferred stock..., page 7 1.We note your response to prior comment 3 and reissue it. Please revise this risk factor to restore your disclosure quantifying the percentage of the vote held by Mr. Sharp and explaining the conflict of interest alluded to in the risk factor caption. Report of Independent Registered Public Accounting Firm, page F-1 2.As previously request in comment 1, please request BF Borgers CPA PC to provide an appropriately dated report. Specifically, the report should not be dated before the end of the period under audited. In this regard, we note that subsequent events were evaluated through March 18, 2022, which is presumably the same date or after the date of the audit report. Also, request BF Borgers CPA PC to include the appropriate audit report date in
FirstName LastNameGeorge Sharp Comapany NameStratos Renewables Corp April 13, 2022 Page 2 FirstName LastName George Sharp Stratos Renewables Corp April 13, 2022 Page 2 its consent. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Tracey Houser at 202-551-3736 or Al Pavot at 202-551-3738 if you have questions regarding comments on the financial statements and related matters. Please contact Tyler Howes at 202-551-3370 or Suzanne Hayes at 202-551-3675 with any other questions. Sincerely, Division of Corporation Finance Office of Life Sciences cc: Ernest Stern, Esq.
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United States securities and exchange commission logo
April 13, 2022
George Sharp
President and Director
Stratos Renewables Corp
3535 Executive Terminal Drive
Henderson, NV 89052
Re:Stratos Renewables Corp
Amendment No. 1 to Registration Statement on Form 10-12G
Filed April 8, 2022
File No. 000-53187
Dear Mr. Sharp:
We have reviewed your filing and have the following comments. In some of our
comments, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to these comments within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
After reviewing your response and any amendment you may file in response to these
comments, we may have additional comments.
Amendment No. 1 to Registration Statement on Form 10-12G
Our CEO and President has voting control through his ownership of the Series B preferred
stock..., page 7
1.We note your response to prior comment 3 and reissue it. Please revise this risk factor to
restore your disclosure quantifying the percentage of the vote held by Mr. Sharp and
explaining the conflict of interest alluded to in the risk factor caption.
Report of Independent Registered Public Accounting Firm, page F-1
2.As previously request in comment 1, please request BF Borgers CPA PC to provide an
appropriately dated report. Specifically, the report should not be dated before the end of
the period under audited. In this regard, we note that subsequent events were evaluated
through March 18, 2022, which is presumably the same date or after the date of the audit
report. Also, request BF Borgers CPA PC to include the appropriate audit report date in
FirstName LastNameGeorge Sharp
Comapany NameStratos Renewables Corp
April 13, 2022 Page 2
FirstName LastName
George Sharp
Stratos Renewables Corp
April 13, 2022
Page 2
its consent.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
You may contact Tracey Houser at 202-551-3736 or Al Pavot at 202-551-3738 if you
have questions regarding comments on the financial statements and related matters. Please
contact Tyler Howes at 202-551-3370 or Suzanne Hayes at 202-551-3675 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Life Sciences
cc: Ernest Stern, Esq.