CORRESP 1 filename1.htm SEC Comment Response

November 18, 2014




Paul Monsour

Staff Attorney

H. Roger Schwall

Assistant Director

United States Securities and Exchange Commission

Washington, D.C. 20549


Re:

Alpha Energy, Inc.

Amendment No. 2 to Registration Statement on Form S-1

Filed October 28, 2014

File No. 333-197642


The following are the Company’s responses to you comment letter of November 14, 2014.


Amendment No. 2 to Registration Statement on Form S-1 Filed October 28, 2014


Financial Statements, page F-1


1.

Please monitor the requirement to update the financial statements to comply with Rule 8- 08 of Regulation S-X and provide corresponding updated disclosures throughout your filing.


Financial Statements updated through September 30, 2014.


Recent Sales of Unregistered Securities, page II-1


2.

We note the disclosure you added in response to prior comment 9 from our letter to you dated October 16, 2014 and we reissue such comment in part. With respect to the 8,357,000 common shares sold to eighteen investors between September 26, 2013 and June 1, 2014, please disclose the date and the amount sold, the form of consideration, and the aggregate offering price.  With respect to the offering “700,000 Common Shares and 700,000 Warrants at a price of US $0.15 per Unit for aggregate of $105,000,” please disclose the date sold.  See Item 701(a) and (c) of Regulation S-K.


The following table has been added.


 

 

 

 

Consideration

 

Date purchased

 

Date of services and founders stock being issued and service rendered

 

 

 

 

 

 

 

 

 

Arrow Consulting LLP

 

2,050,000

 

includes 80 net acres lease and services rendered

 

 

 

9/26/2013

 

 

 

 

 

 

 

 

founders stock

A.G. Management Associates

 

1,150,000

 

includes assignment of royalty and services rendered

 

 

 

9/26/2013

 

 

 

 

 

 

 

 

 

Delmer E & Sharon K Ziegler

 

40,000

 

services rendered

 

 

 

9/26/2013

 

 

 

 

 

 

 

 

 

CBK Management Associates

 

72,000

 

includes the stock for lease on 320 acres 50% interest and services rendered

 

 

 

9/26/2013

 

 

 

 

 

 

 

 

 

Grant Ziegler

 

50,000

 

services rendered

 

 

 

9/26/2013





 

 

 

 

 

 

 

 

 

Angie Stevens

 

50,000

 

service rendered

 

 

 

9/26/2013

 

 

 

 

 

 

 

 

 

Dennis Arends

 

15,000

 

service rendered

 

 

 

9/26/2013

 

 

 

 

 

 

 

 

founders stock

Ballycastle Family Trust

 

3,000,000

 

services rendered

 

 

 

9/26/2013

 

 

 

 

 

 

 

 

 

Croci Land Holdings, LLC

 

500,000

 

services rendered

 

 

 

11/20/2013

 

 

 

 

 

 

 

 

 

Frances H & Reginald Kemp, Sr.

 

500,000

 

services rendered

 

 

 

9/26/2013

 

 

 

 

 

 

 

 

 

Black Rock Oil and Gas, LLC

 

600,000

 

 

 

 

 

11/20/2013

 

 

50,000

 

services rendered

 

 

 

5/29/2014

 

 

 

 

 

 

 

 

 

Southwest Business

 

30,000

 

services rendered

 

 

 

5/29/2014

Services LLC

 

 

 

 

 

 

 

 

 

 

Shares and Warrants

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Joshua Haveman

 

20,000

 

$3,000.00

 

10/30/2013

 

 

 

 

 

 

 

 

 

 

 

Frances & Reginald Kemp, Sr.

 

16,667

 

$2,000.00

 

10/28/2013

 

 

 

 

 

 

 

 

 

 

 

Croci Land Holdings, LLC

 

83,333

 

$10,000.00

 

10/16/2013

 

 

 

 

 

 

 

 

 

 

 

Margaret H Kantes

 

10,000

 

$1,500.00

 

10/23/2013

 

 

 

 

 

 

 

 

 

 

 

Bonita Walker

 

10,000

 

$1,500.00

 

2/18/2014

 

 

 

 

 

 

 

 

 

 

 

Kayleigh S.Hewett

 

20,000

 

$3,000.00

 

3/6/2014

 

 

 

 

 

 

 

 

 

 

 

Deron Horne

 

40,000

 

6,000

 

3/7/2014

 

 

 

 

 

 

 

 

 

 

 

Reginald A Kemp

 

10,000

 

$1,500.00

 

2/11/2014

 

 

 

 

 

 

 

 

 

 

 

Margaret R. Chritie

 

30,000

 

$4,500.00

 

3/28/2014

 

 

 

 

 

 

 

 

 

 

 

Reginald A. Kemp

 

10,000

 

1,500.00

 

5/24/2014

 

 


Exhibits


3.

You have not addressed prior comment 10; we therefore reissue the comment in its entirety. Please file as exhibits your Articles of Incorporation, Subscription Agreement, and Code of Ethics. Further, please indicate in your exhibit index any exhibit that has already been filed.


Exhibits filed.


Sincerely,



/s/ Michael D. Davis

Michael D. Davis, Chief Executive Officer

Alpha Energy, Inc.



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You may contact Jennifer O’Brien, Staff Accountant, at (202) 551-3721, or Ethan Horowitz, Branch Chief, at (202) 551-3311, if you have questions regarding comments on the financial statements and related matters. Please contact Paul Monsour, Staff Attorney, at (202) 551-3360, or me, at (202) 551-3740, with any other questions.


Sincerely,


/s/ H. Roger Schwall


H. Roger Schwall Assistant Director


cc:

Mr. Harold P. Gewerter, Esq.



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