SEC Comment Letter for DISCOUNT PRINT USA, INC. (DPUI) (CIK 0001791929) (DPUI) — Jan 14, 2020
DISCOUNT PRINT USA, INC. (DPUI) (CIK 0001791929)
Date: Jan. 14, 2020 · CIK: 0001791929 · Accession: 0000000000-20-000339
AI Filing Summary & Sentiment
File numbers found in text: 024-11109
Letter
January 14, 2020 Ronald Miller Chief Executive Officer Discount Print USA, Inc. 6672 Spencer Street, Suite 800 Las Vegas, Nevada 89119 ` Re:Discount Print USA, Inc. Amendment No. 2 to Offering Circular on Form 1-A Filed January 3, 2020 File No. 024-11109 Dear Mr. Miller: 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 December 17, 2019 letter. Form 1-A/A filed on January 3, 2020 Management's Discussion and Analysis, page 19 1.Please revise MD&A to include a discussion of your results of operations and information regarding your liquidity and capital resources for the interim period ended December 31, 2019. Refer to the Instructions to Item 9(a) and Item 9(b) of Form 1-A. Interim Financial Statement for the period ended December 31, 2019, page 43 2.We note your financial statements and related notes to the financial statements for the period ended December 31, 2019 have been labeled as pro forma. Please explain to us the nature of the pro forma presentation and why you believe such presentation is appropriate,
FirstName LastNameRonald Miller Comapany NameDiscount Print USA, Inc. January 14, 2020 Page 2 FirstName LastName Ronald Miller Discount Print USA, Inc. January 14, 2020 Page 2 or revise your description of the financial statements and related notes accordingly. You may contact Melissa Gilmore, Staff Accountant, at (202) 551-3777 or Jean Yu, Staff Accountant at (202) 551-3305 if you have questions regarding comments on the financial statements and related matters. Please contact Kate McHale, Staff Attorney, at (202) 551-3464 or Jay Ingram, Legal Branch Chief, at (202) 551-3397 with any other questions. Sincerely, Division of Corporation Finance Office of Manufacturing
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January 14, 2020
Ronald Miller
Chief Executive Officer
Discount Print USA, Inc.
6672 Spencer Street, Suite 800
Las Vegas, Nevada 89119
`
Re:Discount Print USA, Inc.
Amendment No. 2 to Offering Circular on Form 1-A
Filed January 3, 2020
File No. 024-11109
Dear Mr. Miller:
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 December 17, 2019 letter.
Form 1-A/A filed on January 3, 2020
Management's Discussion and Analysis, page 19
1.Please revise MD&A to include a discussion of your results of operations and information
regarding your liquidity and capital resources for the interim period ended December 31,
2019. Refer to the Instructions to Item 9(a) and Item 9(b) of Form 1-A.
Interim Financial Statement for the period ended December 31, 2019, page 43
2.We note your financial statements and related notes to the financial statements for the
period ended December 31, 2019 have been labeled as pro forma. Please explain to us the
nature of the pro forma presentation and why you believe such presentation is appropriate,
FirstName LastNameRonald Miller
Comapany NameDiscount Print USA, Inc.
January 14, 2020 Page 2
FirstName LastName
Ronald Miller
Discount Print USA, Inc.
January 14, 2020
Page 2
or revise your description of the financial statements and related notes accordingly.
You may contact Melissa Gilmore, Staff Accountant, at (202) 551-3777 or Jean Yu, Staff
Accountant at (202) 551-3305 if you have questions regarding comments on the financial
statements and related matters. Please contact Kate McHale, Staff Attorney, at (202) 551-3464
or Jay Ingram, Legal Branch Chief, at (202) 551-3397 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing