Tuesday, December 30, 2008

SRZ:Form 10K Ammendment-year ending Dec 31,2007

SRZ has filed a 10K ammendment for Year ending Dec 31,2007.

as per the filings this is done as SRZ had notified that the following 3 ventures:
1. Sunrise Aston Gardens Venture LLC
2. PS Germany Investment (Jersey) LP and
3. Sunrise IV Senior Living Holdings, LLC)

10K info was missing in the original 10K for year ending Dec 31,2007. The SEC had requested that the documents should be ammended as soon as they are available... hence this filing.

- They have also included additional notes to the account(Note 24) regarding non compliance to certain convenants related to SRZ Bank Credit Facility. (already part of their Nov 7,2008 conference call)

- (Notes 2.1 and 11 of PS Germany Investment) Non compliance related to Bank Credit facility for Germany venture and the standstill agreement with Natixis. (already reported here in this blog )

The SEC filing information can directly be accessed here

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