JK ACQUISITION CORP. Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue -   -   -   -  Cost of Revenue -   -   -   -  Gross Profit -   -   -   -  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative8  14  13  (17)Non Recurring -   -   -  16  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss(8)(14)(13)1  Income from Continuing OperationsTotal Other Income/Expenses Net -   -   -  (928)Earnings Before Interest And Taxes(8)(14)(13)(927)Interest Expense12  12  12  (911)Income Before Tax(21)(26)(24)(16)Income Tax Expense -   -   -   -  Minority Interest -   -   -   -  Net Income From Continuing Ops(21)(26)(24)(16)Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   -   ...
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JK ACQUISITION CORP. Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. This Quarterly Report on Form 10-Q includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We have based these forward-looking statements on our current expectations and projections about future events, and we assume no obligation to update any such forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results to be materially different from any future results expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "could," "would," "expect," "plan," "anticipate," "believe," "estimate," "continue," or the negative of such terms or other similar expressions. Factors that might cause our future results to differ from those statements include, but are not limited to, those described in the section entitled "Risk Factors" of the prospectus filed with the Securities and Exchange Commission in connection with our initial public offering. The following discussion should be read in conjunction with our condensed financial statements and related notes thereto included elsewhere in this report and with the section entitled "Risk Factors" of the prospectus filed with the Securities and Exchange Commission in connection with our initial public offering. RESULTS OF OPERATIONS Comparison of Six Months Ended June 30, 2009 and 2008 For the six months ended June 30, 2009, we had a net loss of $50,363, compared to net income of $1,414,071 f...
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JK ACQUISITION CORP. Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. This Quarterly Report on Form 10-Q includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We have based these forward-looking statements on our current expectations and projections about future events, and we assume no obligation to update any such forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results to be materially different from any future results expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "could," "would," "expect," "plan," "anticipate," "believe," "estimate," "continue," or the negative of such terms or other similar expressions. Factors that might cause our future results to differ from those statements include, but are not limited to, those described in the section entitled "Risk Factors" of the prospectus filed with the Securities and Exchange Commission in connection with our initial public offering. The following discussion should be read in conjunction with our condensed financial statements and related notes thereto included elsewhere in this report and with the section entitled "Risk Factors" of the prospectus filed with the Securities and Exchange Commission in connection with our initial public offering. RESULTS OF OPERATIONS Comparison of Three Months Ended March 31, 2009 and 2008 For the three months ended March 31, 2009, we had a net loss of $24,418, compared to net income of $50...
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JK ACQUISITION CORP. Files SEC form 10-K, Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. On January 31, 2008, JK Acquisition Corp. ("JKA") announced that the special meeting of its stockholders to vote on the proposed merger with Multi-Shot, LLC ("Multi-Shot") had been cancelled. JKA determined, and informed Multi-Shot, that the proposed merger would not receive the votes of JKA's stockholders required for approval. The Second Amended and Restated Agreement and Plan of Merger dated August 27, 2007 (the "Merger Agreement") expired on January 31, 2008 and the proposed merger with Multi-Shot was abandoned. The board of directors of JKA will continue to evaluate alternatives that may be in the best interests of JKA's stockholders, including the potential liquidation of JKA. We were formed on May 11, 2005, for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition or other similar business combination, an operating business headquartered in placeNorth America, focusing in the manufacturing, distribution or service sectors. Our initial business combination must be with a target business whose fair market value is at least equal to 80% of our net assets (excluding deferred compensation of the underwriters held in trust) at the time of such acquisition. We intend to use cash derived from the proceeds of our recently completed public offering and concurrent private placement, our capital stock, debt or a combination of cash, capital stock and debt, to effect such business combination. On April 17, 2006, we consummated our initial public offering of 13,225,000 units, including 1,725,000 units that were subject to the underwriters' over-allotment option. Each unit consists of one share of common stock and two warrants. Each warrant entitles the holder to purchase from us one share of our common stock at an exercise price of $5.00. Our common stock and warrants started trading separately as of May 11, 2006. Our net proce...
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JK ACQUISITION CORP. Files SEC form 8-K, Termination of a Material Definitive Agreement

Show all filings for JK ACQUISITION CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for JK ACQUISITION CORP. 2-Feb-2009Termination of a Material Definitive Agreement Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purp...
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JK ACQUISITION CORP. Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. This Quarterly Report on Form 10-Q includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We have based these forward-looking statements on our current expectations and projections about future events, and we assume no obligation to update any such forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results to be materially different from any future results expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "could," "would," "expect," "plan," "anticipate," "believe," "estimate," "continue," or the negative of such terms or other similar expressions. Factors that might cause our future results to differ from those statements include, but are not limited to, those described in the section entitled "Risk Factors" of the prospectus filed with the Securities and Exchange Commission in connection with our initial public offering. The following discussion should be read in conjunction with our condensed financial statements and related notes thereto included elsewhere in this report and with the section entitled "Risk Factors" of the prospectus filed with the Securities and Exchange Commission in connection with our initial public offering. On September 6, 2006, the Company, Multi-Shot, LLC ("Multi-Shot") and various other parties entered into the Agreement and Plan of Merger ("Merger Agreement") and related agreements. Over th...
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