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PianoMan75

08/24/11 10:19 AM

#5126 RE: Farrago #5125

Can't remember where I read it, or if I'm imagining it, but I definitely thought that we had to be current on PinkSheets before Eddie could begin selling preferred shares. So I think Waggett may be correct here. Anyone know for sure?

waggett

08/24/11 10:30 AM

#5129 RE: Farrago #5125

My statement was based on Eddie's comments in his June 3, 2011 letter to shareholders.

From page 2:

Money has already been committed to the oven lease fund, so we are now working to complete our financials to bring SMKY current with its filings, which is required for us to issue Preferred stock for financing. We need only the current year end financial report to produce the offering document or to accept money from any major investor via another form of structure if offered; the year end report will be done in June and the audit completed during July to make SEC filings.