CLETHA A. WALSTRAND
Attorney at Law
1322 West Pachua Circle
Ivins, UT 84738
Office: 435-688-7317 Fax: 435-688-7318
cwalstrand@networld.com
June 26, 2007
Ms. Mellissa Duru
United States Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, DC 20549-3561
Re:
Transact Energy, Corp.
Amendment No. 2 to Registration Statement on Form SB-2
Filed December 29, 2006
File No. 333-139746
Dear Ms. Duru:
Transact Energy Corp., (the “Company”), has received your comment letter dated March 9, 2007, (“comment letter”) pertaining to the above referenced amended registration statement on Form SB-2 (the “Registration Statement”). Amendment No. 3 to the Registration Statement (“Amendment”) is being filed under separate cover. The Amendment as filed is marked to show changes in the manner required by Regulation S-T.
General
1.
In accordance with the requirements of Regulations C and S-T, please ensure that marked copies of the amended registration statement are provided to the Staff and filed on EDGAR at the time of each amendment. In this regard, we note that no marked version accompanied the filing of Amendment No. 2 to the registration statement.
RESPONSE:
We apologize for our clerical error. Please note we have filed a marked copy and
are including a marked and clean copy in this correspondence for your review.
2.
Please update your financial statements and related disclosure in accordance with Item 310 of Regulation S-B.
RESPONSE:
We have updated our financial statements accordingly.
3.
Please confirm that no compensation has been paid to directors or officers as of the fiscal year ended 12-31-06.
RESPONSE:
We reconfirm that no compensation has been paid to directors or officers as of the fiscal
year ended 12-31-06.
If you require any further information or have any questions, please notify me directly.
Very truly yours,
/s/ Cletha A. Walstrand
Cletha A. Walstrand
Attorney at Law