| Attention: |
David
L. Orlic, Esq.
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Mail
Stop 4561
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| Re: |
Adsero
Corp.
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Preliminary
Revised Information Statement on Schedule
14C
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Filed
on September 11, 2007
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File
No. 000-31040
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1.
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In
our letter dated August 22, 2007, we asked you to provide, in connection
with responding to our comments, a written statement from the company
containing a number of acknowledgements. Please do
so.
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2.
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In
comment 2 of our letter dated August 22, 2007, we asked you to disclose
any issuance plans you may have for the effective increase in authorized
shares. You responded by disclosing that you do not presently have
any
"agreements in place" with respect to certain corporate transactions
that
would result in the issuance of shares following the reverse split.
Please
tell us specifically whether you have any plans,
proposals
or arrangements
with regard to the issuance of shares. Plans, proposals or arrangements
can exist absent a formal agreement. If you have plans, proposals
or
arrangements of this nature, please make the requisite disclosures
in your
information statement. See Note A Schedule
14A.
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3.
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In
comment 4 of our letter dated August 22, 2007, we asked you to provide
the
analysis supporting your conclusion that you obtained consents without
engaging in a solicitation, as defined in Rule 14a-161). In your
response,
you state that you obtained what appears to be more than half of
the
necessary consents from a financial advisor to the company and five
of its
clients. However, the nature of a shareholder's relationship with
the
company does not alone establish whether that shareholder was solicited
within the meaning of Rule 14a-l(1). Similarly, a statement that
the
shareholder became aware of the proposed reverse split in its "course
of
dealings" with the company also does not establish that the shareholder
was not solicited, particularly if those dealings include a solicitation,
as defined in Rule 14a-1(l). Please provide us with a more detailed
analysis as to why you believe there was no
solicitation.
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4.
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In
your revised beneficial ownership table, you do not indicate that
Mr.
Lachambre is an officer or director of your company. However, in
response
to question 4 of our letter dated August 22, 2007, you indicate that
Mr.
Lachambre is the vice president of sales of your company. Please
explain,
or revise your
statement.
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5.
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In
response to comment 6 of our letter dated August 22, 2007, you state
that
you amended your certificate of incorporation on March 19, 2004 and
filed
the form of amendment with the Commission on February 23, 2004. Item
601(b)(3)(i) of Regulation S-B required you to file a complete copy
of
your certificate of incorporation, as amended, upon filing the amendment
with the Delaware Secretary of State. You do not appear to have done
so.
At the very least, the item required you to file your amended certificate
of incorporation with the Commission as an exhibit to your next periodic
report. You have continued to incorporate by reference to your original
Form 10 in your intervening annual reports. At a minimum, you should
now
amend your most recent periodic report to include as an exhibit a
complete
copy of your certificate of incorporation, as amended. In future
periodic
reports, you may then incorporate by reference to that amended periodic
report.
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By
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/s/
William Smith
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Name:
William Smith
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Title:
Secretary
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