Form 10KSB/A Home System Group

[Amend] Annual report pursuant to section 13 and 15(d) for small business issuers

What is Form 10KSB/A?
  • Accession No.: 0001140361-05-007561 Act: 34 File No.: 000-49770 Film No.: 051093321
  • CIK: 0001172319
  • Submitted: 2005-09-20
  • Period of Report: 2004-12-31

SUPREME REALTY INVESTMENTS 10-KSB/A #1 12-31-2004 HTML

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 10-KSB/A
(Amendment No. 1)

(Mark One)
 
 
x
ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the annual period ended
December 31, 2004

 
 
o
TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
 
For the transition period from
 
to
 
Commission file number
   000-49770
 
SUPREME REALTY INVESTMENTS, INC.
(Exact name of small business issuer as specified in its charter)
 
Nevada
43-1954776
(State or other jurisdiction of incorporation or organization)
(IRS Employer Identification No.)

P.O. Box 690578, Orlando, FL 32869
(Address of principal executive offices)
 
(407) 583-4603
(Issuer's telephone number)
 
Securities Issued under Section 12(b) of the Exchange Act:
 
Title of Each Class
Name of Exchange on which registered
   
$0.001 par value, common
Over-the-Counter Bulletin Board(OTCBB)
 
Securities Issued under Section 12(g) of the Exchange Act:
None
 
     
     
 
Title of Class
 
 
 
 
Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o
 




Check if there is no disclosure of delinquent filers in response to Item 405 of Regulation S-B is not contained in this form, and no disclosure will be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-KSB or any amendment to this Form 10-KSB. x

Issuer’s revenues for the fiscal year ended December 31, 2004, were $63,405.

The aggregate market value of the voting and non-voting common equity held by non-affiliates of the Issuer as of April 8, 2005, based upon the last reported sales price on the OTCBB was $412,433.

(APPLICABLE ONLY TO CORPORATE ISSUERS)

The Registrant’s common stock outstanding as of April 8, 2005, was 30,000,000 shares.

DOCUMENTS INCORPORATED BY REFERENCE:

Form 10-KSB, Filed April 15, 2005

Transitional Small Business Disclosure Format (Check One): Yes o No x


EXPLANATORY NOTE

This Amendment No. 1 to the Annual Report on Form 10-KSB of Supreme Realty Investments, Inc. for the year ended December 31, 2004 is being filed solely for the purpose of filing a copy of the completed report of the Company's independent registered public accounting firm included in Exhibit 1. A report stating that the audit had not been completed was filed with the Company's original Form 10-KSB filing on April 15, 2005.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


   
SUPREME REALTY INVESTMENTS, INC.
 
Date: September 19, 2005
     
       
       
 
By:
/s/ Thomas Elliott
 
   
Thomas Elliott, Chief Executive Officer
 
       
       
   
/s/ Jean LeRoy
 
   
Jean LeRoy, President, Chief Financial Officer
 
 


EXHIBIT 1 HTML

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EXHIBIT 1
 
GEORGE STEWART, CPA
2301 SOUTH JACKSON STREET, SUITE 101-G
SEATTLE, WASHINGTON 98144
(206) 328-8554 FAX(206) 328-0383
 
INDEPENDENT AUDITORS REPORT
 
 
To the Board of Directors
Supreme Realty Investments, Inc., Inc.
 
 
I have audited the accompanying balance sheets of Supreme Realty Investments, Inc., Inc. as of December 31, 2004 and 2003, and the related statements of operations and retained earnings, stockholders’ equity and cash flows for the years ended December 31, 2004 and 2003. These financial statements are the responsibility of the Company’s management. My responsibility is to express an opinion on these financial statements based on my audit.
 
I conducted my audit in accordance with the standards in the Public Company Accounting Oversight Board (United States). Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable basis for my opinion.
 
In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Supreme Realty Investments, Inc., Inc., as of December 31, 2004 and 2003, and the results of its operations and cash flows for the years ended December 31, 2004 and 2003 in conformity with generally accepted accounting principles in the United States of America.
 
The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in the Note #14 to the financial statements, the Company has experienced losses for several years. This raises substantial doubt about its ability to continue as a going concern. Management’s plan in regard to these matters is also described in Note #14. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
 
/s/ George Stewart
Seattle, Washington
May 14, 2005