SEC Comment Letter for GILMORE HOMES - GILMORE LOANS, LLC (CIK 0001350455) — Jun 22, 2020
GILMORE HOMES - GILMORE LOANS, LLC (CIK 0001350455)
Date: June 22, 2020 · CIK: 0001350455 · Accession: 0000000000-20-005528
AI Filing Summary & Sentiment
File numbers found in text: 024-11011
Letter
United States securities and exchange commission logo June 19, 2020 Michael Gilmore Chief Executive Officer Gilmore Homes - Gilmore Loans LLC 5401 Old National Highway, #419 Atlanta, GA 30349 Re:Gilmore Homes - Gilmore Loans LLC Amendment No. 14 to Offering Statement on Form 1-A Filed June 1, 2020 File No. 024-11011 Dear Mr. Gilmore: We have reviewed your amended offering statement 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 this letter by amending your offering statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our May 15, 2020 letter. Amendment No. 14 to Offering Statement on Form 1-A filed on June 1, 2020 General 1.It appears the independent auditor's report does not contain all required elements. For example, language related to auditor's independence appear to be missing. Please have the company's auditor revise its report to comply with requirements outlined in AICPA Auditing Standards Codification Section 700 or PCAOB Auditing Standard 3101 depending upon whether the audit was conducted in accordance to US GAAS or PCAOB standards, respectively.
FirstName LastNameMichael Gilmore Comapany NameGilmore Homes - Gilmore Loans LLC June 19, 2020 Page 2 FirstName LastName Michael Gilmore Gilmore Homes - Gilmore Loans LLC June 19, 2020 Page 2 2.In the next amendment, please include the consent from your auditor pursuant to instructions outlined within paragraph (11)(a)(i) of Item 17 of Form 1-A. You may contact Paul Cline at 202-551-3851 or Wilson Lee at 202-551-3468 if you have questions regarding comments on the financial statements and related matters. Please contact Jonathan Burr at 202-551-5833 or Jennifer Gowetski at 202-551-3401 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction
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United States securities and exchange commission logo
June 19, 2020
Michael Gilmore
Chief Executive Officer
Gilmore Homes - Gilmore Loans LLC
5401 Old National Highway, #419
Atlanta, GA 30349
Re:Gilmore Homes - Gilmore Loans LLC
Amendment No. 14 to
Offering Statement on Form 1-A
Filed June 1, 2020
File No. 024-11011
Dear Mr. Gilmore:
We have reviewed your amended offering statement 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 this letter by amending your offering statement and providing the
requested information. If you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your offering statement and the information you
provide in response to these comments, we may have additional comments. Unless we note
otherwise, our references to prior comments are to comments in our May 15, 2020 letter.
Amendment No. 14 to Offering Statement on Form 1-A filed on June 1, 2020
General
1.It appears the independent auditor's report does not contain all required elements. For
example, language related to auditor's independence appear to be missing. Please have
the company's auditor revise its report to comply with requirements outlined in AICPA
Auditing Standards Codification Section 700 or PCAOB Auditing Standard 3101
depending upon whether the audit was conducted in accordance to US GAAS or PCAOB
standards, respectively.
FirstName LastNameMichael Gilmore
Comapany NameGilmore Homes - Gilmore Loans LLC
June 19, 2020 Page 2
FirstName LastName
Michael Gilmore
Gilmore Homes - Gilmore Loans LLC
June 19, 2020
Page 2
2.In the next amendment, please include the consent from your auditor pursuant to
instructions outlined within paragraph (11)(a)(i) of Item 17 of Form 1-A.
You may contact Paul Cline at 202-551-3851 or Wilson Lee at 202-551-3468 if you have
questions regarding comments on the financial statements and related matters. Please contact
Jonathan Burr at 202-551-5833 or Jennifer Gowetski at 202-551-3401 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction