SEC Comment Letter 0000000000-24-011596 to Yuenglings Ice Cream Corp (YCRM) (CIK 0001624517) (FRQN)
Yuenglings Ice Cream Corp (YCRM) (CIK 0001624517)
Date: Oct. 15, 2024 · CIK: 0001624517 · Accession: 0000000000-24-011596
AI Filing Summary & Sentiment
Letter
October 15, 2024 Richard Jordan Chief Executive Officer Yuengling's Ice Cream Corp 8910 West 192nd Street, Suite N Mokena, IL 60448 Re:Yuengling's Ice Cream Corp Form 10-KT for the Fiscal Year Ended December 31, 2023 Filed September 11, 2024 Amendment No. 1 to Form 8-K Filed April 30, 2024 File No. 0-55398 Dear Richard Jordan: We have reviewed your September 11, 2024 response to our comment letter and have the following comment(s). Please respond to this letter 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 a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our June 12, 2024 letter. Form 10-KT for the Fiscal Year Ended December 31, 2023 Consolidated Statements of Operations, page F-5 1.Please provide the disclosures required by ASC 260-50-1. Notes to Condensed Consolidated Financial Statements Note 5 - Goodwill, page F-18 2.Please provide the disclosures required by ASC 805-10-50-2(h) for the acquisitions of Innovative Network Designs, LLC and Red Gear LLC. General We have reviewed your response to prior comment 1 and note your filing of the Form 10-KT which provides audited financial statements to reflect the change in your fiscal 3.
October 15, 2024 Page 2 year end to December 31. Please tell us when you plan to file your quarterly reports on Form 10-Q for the periods ended March 31, 2024, June 30, 2024 and September 30, 2024 as it appears you have not met the reporting requirements under Section 13 or 15(d) of the Exchange Act. Amendment No.1 to Form 8-K Filed April 30, 2024 Item 9.01 Financial Statements and Exhibits, page 2 4.Please revise to present your transaction accounting adjustments and/or autonomous entity adjustments as a separate column in your pro forma financial statements. Refer to Rule 8-05 of Regulation S-X. Please contact Tony Watson at 202-551-3318 or Angela Lumley at 202-551-3398 if you have questions regarding comments on the financial statements and related matters. Sincerely, Division of Corporation Finance Office of Trade & Services
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October 15, 2024
Richard Jordan
Chief Executive Officer
Yuengling's Ice Cream Corp
8910 West 192nd Street, Suite N
Mokena, IL 60448
Re:Yuengling's Ice Cream Corp
Form 10-KT for the Fiscal Year Ended December 31, 2023
Filed September 11, 2024
Amendment No. 1 to Form 8-K Filed April 30, 2024
File No. 0-55398
Dear Richard Jordan:
We have reviewed your September 11, 2024 response to our comment letter and have
the following comment(s).
Please respond to this letter 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 a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Unless we note otherwise, any references to prior comments are to comments in our June 12,
2024 letter.
Form 10-KT for the Fiscal Year Ended December 31, 2023
Consolidated Statements of Operations, page F-5
1.Please provide the disclosures required by ASC 260-50-1.
Notes to Condensed Consolidated Financial Statements
Note 5 - Goodwill, page F-18
2.Please provide the disclosures required by ASC 805-10-50-2(h) for the acquisitions of
Innovative Network Designs, LLC and Red Gear LLC.
General
We have reviewed your response to prior comment 1 and note your filing of the Form
10-KT which provides audited financial statements to reflect the change in your fiscal 3.
October 15, 2024
Page 2
year end to December 31. Please tell us when you plan to file your quarterly reports
on Form 10-Q for the periods ended March 31, 2024, June 30, 2024 and September
30, 2024 as it appears you have not met the reporting requirements under Section 13
or 15(d) of the Exchange Act.
Amendment No.1 to Form 8-K Filed April 30, 2024
Item 9.01 Financial Statements and Exhibits, page 2
4.Please revise to present your transaction accounting adjustments and/or autonomous
entity adjustments as a separate column in your pro forma financial statements. Refer
to Rule 8-05 of Regulation S-X.
Please contact Tony Watson at 202-551-3318 or Angela Lumley at 202-551-3398 if
you have questions regarding comments on the financial statements and related matters.
Sincerely,
Division of Corporation Finance
Office of Trade & Services