Chay Enterprises, Inc. announced that on March 16, 2010, Schumacher & Associates, Inc. (SAI) was dismissed as independent auditor for the company. On March 16, 2010, the company engaged Ehrhardt Keefe Steiner & Hottman PC (EKSH) as independent auditor. This decision to engage EKSH was ratified by the majority approval of the Board of Directors on March 16, 2010.

Chay Enterprises, Inc. filed its Form 10-K with the Securities and Exchange Commission. The company intends to raise funds. The company stated: The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America, which contemplates continuation of the Company as a going concern. However, the Company has recurring losses, has negative working capital and stockholders deficits, and does not have any revenue generating operations, all of which raise substantial doubt about its ability to continue as a going concern. In view of these matters, continuation as a going concern is dependent upon continued operations of the Company, which in turn is dependent upon the Companys ability to meet its financial requirements, raise additional capital, and the success of its future operations. The financial statements do not include any adjustments to the amount and classification of assets and liabilities that may be necessary should the Company not continue as a going concern. Management has opted to commence filing reports with the Securities and Exchange Commission (SEC) and then to raise funds through a private placement. Management believes that this plan provides an opportunity for the Company to continue as a going concern.

CHAY ENTERPRISES, INC. Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets, Changes in Registran

Quote: We have also included as Exhibit 10.7 hereto our Stock and Awards Plan authorized for adoption by the shareholders of Chay Enterprises, Inc. at the special meeting held March 1, 2010, and as Exhibit 10.8 the form of At-Will Employment, Confidential Information, Invention Assignment, and Arbitration Agreement among DMI Life Sciences and its employees. The Super 8-K reported that we had six employees. That reference is corrected hereby to ten, which includes two officers who currently provide serv...
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CHAY ENTERPRISES, INC. Files SEC form 10-Q, Quarterly Report

Quote: Davis will devote such time as needed to pursue the business operations of Chay Enterprises. Description of Property We own 32 residential building lots in Fall River County, South Dakota. Specifically, we own Lots 7, 8, 9, 10, 11, 12, 13, 14, 16 and 16, Block 5; and Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21 and 22, Block 6, all in Cold Spring Addition to the town, now city, of Hot Springs, Fall River County, South Dakota.The property is not encumbered. We...
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CHAY ENTERPRISES, INC. Files SEC form 10-Q, Quarterly Report

Quote: Davis will devote such time as needed to pursue the business operations of Chay Enterprises. Description of Property We own 32 residential building lots in Fall River County, South Dakota. Specifically, we own Lots 7, 8, 9, 10, 11, 12, 13, 14, 16 and 16, Block 5; and Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21 and 22, Block 6, all in Cold Spring Addition to the town, now city, of Hot Springs, Fall River County, South Dakota. The property is not encumbered. We...
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CHAY ENTERPRISES, INC. Files SEC form 10-Q, Quarterly Report

Quote: Davis will devote such time as needed to pursue the business operations of Chay Enterprises. Description of Property We own 32 residential building lots in Fall River County, South Dakota. Specifically, we own Lots 7, 8, 9, 10, 11, 12, 13, 14, 16 and 16, Block 5; and Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21 and 22, Block 6, all in Cold Spring Addition to the town, now city, of Hot Springs, Fall River County, South Dakota. The property is not encumbered. We...
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CHAY ENTERPRISES, INC. Files SEC form 10-Q, Quarterly Report

Quote: Davis will devote such time as needed to pursue the business operations of Chay Enterprises. Description of Property We own 32 residential building lots in Fall River County, South Dakota. Specifically, we own Lots 7, 8, 9, 10, 11, 12, 13, 14, 16 and 16, Block 5; and Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21 and 22, Block 6, all in Cold Spring Addition to the town, now city, of Hot Springs, Fall River County, South Dakota. The property is not encumbered. We...
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