SEC Comment Letter for Golden Matrix Group, Inc. (GMGI) (CIK 0001437925) (MRDN) — Apr 30, 2014
Golden Matrix Group, Inc. (GMGI) (CIK 0001437925)
Date: April 30, 2014 · CIK: 0001437925 · Accession: 0000000000-14-021799
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 000-54840
Letter
April 29 , 2014 Via U.S. Mail Dhugald Pinchin Chief Executive Officer Source Gold Corp. 1155 Camino Del Mar #162 Del Mar, CA 92014
Re: Source Gold Corp. Amendment No. 1 to Form 10 -K for the Fiscal Year Ended July 31, 2013 Filed April 8, 2014 File No. 000-54840
Dear Mr. Pinchin :
We have reviewed your filing and response and have the following comment .
Please respond to this letter within ten business days , by providing the requested information, or by advising us when you will provide the requested response. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response.
After reviewing any amendment to your filing and the information you provide in response to these comments, we may have additional comments.
Amendment No. 1 to Form 10 -K for the Fiscal Year Ended July 31, 2013
1. We note your amended Form 10 -K includes an audit report provided by W.T. Uniack & Co., C PA’s, P.C. (“Uniac k”) that does not identify the correct periods associated with the audited financial statements. Please ask Uniack to further revise its report to state that it has audited the consolidated balance sheet as of July 31, 2013 and the consolidated statements of operations and comprehensive loss, stockholders’ equity and cash flows for the year ended July 31, 2013. Also , if the period from June 4, 2008 ( inception ) through July 31, 2013 was audited by Uniack , the audit report should refer to th is cumulative period from inception to July 31, 2013 for the consolidated statement s of operations and comprehensive loss , and cash flows . Otherwise, please label the cumulative columns from inception to July 31, 2013 as unaudited. Please f ile an amended Form 10 -K with these changes.
Dhugald Pinchin Source Gold Corp. April 29 , 2014 Page 2
You may contact Brian McAllister at (202) 551 -3341 or Nasreen Mohammed, Assistant Chief Accountant, at (202) 551 -3773 if you have questions regarding comments on the financial statements and related matters.
Sincerely,
/s/Tia L. Jenkins
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April 29 , 2014 Via U.S. Mail Dhugald Pinchin Chief Executive Officer Source Gold Corp. 1155 Camino Del Mar #162 Del Mar, CA 92014 Re: Source Gold Corp. Amendment No. 1 to Form 10 -K for the Fiscal Year Ended July 31, 2013 Filed April 8, 2014 File No. 000-54840 Dear Mr. Pinchin : We have reviewed your filing and response and have the following comment . Please respond to this letter within ten business days , by providing the requested information, or by advising us when you will provide the requested response. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing any amendment to your filing and the information you provide in response to these comments, we may have additional comments. Amendment No. 1 to Form 10 -K for the Fiscal Year Ended July 31, 2013 1. We note your amended Form 10 -K includes an audit report provided by W.T. Uniack & Co., C PA’s, P.C. (“Uniac k”) that does not identify the correct periods associated with the audited financial statements. Please ask Uniack to further revise its report to state that it has audited the consolidated balance sheet as of July 31, 2013 and the consolidated statements of operations and comprehensive loss, stockholders’ equity and cash flows for the year ended July 31, 2013. Also , if the period from June 4, 2008 ( inception ) through July 31, 2013 was audited by Uniack , the audit report should refer to th is cumulative period from inception to July 31, 2013 for the consolidated statement s of operations and comprehensive loss , and cash flows . Otherwise, please label the cumulative columns from inception to July 31, 2013 as unaudited. Please f ile an amended Form 10 -K with these changes. Dhugald Pinchin Source Gold Corp. April 29 , 2014 Page 2 You may contact Brian McAllister at (202) 551 -3341 or Nasreen Mohammed, Assistant Chief Accountant, at (202) 551 -3773 if you have questions regarding comments on the financial statements and related matters. Sincerely, /s/Tia L. Jenkins Tia L. Jenkins Senior Assistant Chief Accountant Office of Beverages, Apparel, and Mining