Schlotzkys Shell (fka BUNZQ)

[Renee]

BUNZQ: Revoked:

http://sec.gov/litigation/admin/2011/34-64894.pdf

The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors to accept the Offer of Settlement submitted by SI Restructuring, Inc. (f/k/a Schlotzsky’s, Inc.) (“SI Restructuring” or “Respondent”) pursuant to Rule 240(a) of the Rules of Practice of the Commission, 17 C.F.R. § 201.240(a), for the purpose of settlement of these proceedings initiated against Respondent on June 16, 2011, pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”).

Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party, and without admitting or
denying the findings herein, except as to the Commission’s jurisdiction over it and the subject matter of these proceedings, which are admitted, Respondent consents to the entry of this Order
Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to SI Restructuring, Inc. (f/k/a Schlotzsky’s, Inc.) (“Order”), as
set forth below.

III.

On the basis of this Order and Respondent’s Offer, the Commission finds that1:
1. SI Restructuring (CIK No. 1002178) is a Texas corporation located in Dallas, Texas. At all times relevant to this proceeding, the securities of SI Restructuring have been registered under Exchange Act Section 12(g). As of June 2, 2011, the company’s stock (symbol “BUNZQ”) was quoted on OTC Link (previously, “Pink Sheets”) operated by OTC Markets Group Inc., had seven market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).

2. SI Restructuring has failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder because it has not filed any periodic reports with the Commission since the period ended June 30, 2004.

IV.
In view of the foregoing, the Commission deems it necessary and appropriate for the protection of investors to impose the sanction specified in Respondent’s Offer.
1 The findings herein are made pursuant to Respondent’s Offer of Settlement and are not binding on any other person or entity in this or any other proceeding.

Accordingly, it is hereby ORDERED that:
Pursuant to Exchange Act Section 12(j), registration of each class of Respondent’s securities registered pursuant to Exchange Act Section 12 be, and hereby is, revoked.

For the Commission, by its Secretary, pursuant to delegated authority.

Elizabeth M. Murphy
Secretary