Viropro, Inc.
January 6, 2006.
Mr. Andrew Blume
United States Securities & Exchange Commission
Washington DC 20549
Your File Number: 333-06718
Dear Sir:
Reference is made to item 1 of your letter of December 2, 2005, from Mr. William Choi. As requested, we are pleased to provide the following comments as response to this item.
10K-SB for the Fiscal Year Ended November 2004
Attached please find as Exhibit 1 the computation prepared by the Company presenting the effect of the exchange rate changes on cash.
Overall this computation shows the impact in the amount of $2,412.
This compares to the amount of $2,478 as presented in the Financial Statements.
Should you wish to discuss this matter further, please contact the undersigned at 514-578-3579 (Fax: 514-685-5557).
Yours very truly,
VIROPRO, INC.
/s/ Gary Chamandy-Cook
Copies to:
Gary Chamandy-Cook
Neil Winter (Auditor)
gchamandycook@trivorgroup.com
Richard Lee (Chairman)
Duly Authorized
Jean-Marie Dupuy (CEO)
8515, Place Devonshire, Shite 207
Montreal, Quebec, Canada
H4P 2K1
Exhibit 1 |
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VIROPRO, INC. |
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FOREIGN EXCHANGE IMPACT ON THE CASH FLOW STATEMENT |
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FOR THE YEAR ENDING NOVEMBER 30, 2004. |
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EFFECT ON BEGINNING CASH BALANCE |
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| CD Cash at 12/1/03 |
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| Total |
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| - |
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| Opening FX | 0.7678 |
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| Closing FX | 0.8401 |
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| Difference | -0.0723 |
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EFFECT FROM OPERATING ACTIVITIES DURING THE YEAR |
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| CD operating activities |
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| 64,867 |
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| Total |
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| 64,867 |
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| Closing FX | 0.8401 |
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| Operating cash flows based on FX | US$ | 54,495 |
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| Total operating cash flows | US$ | (134,417) |
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| 188,912 |
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EFFECT FROM INVESTING ACTIVITIES DURING THE YEAR |
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| CD investing activities |
| CD | - |
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| Total |
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| - |
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| Closing FX | 0.8401 |
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| Investing cash flow based on FX | US$ | - |
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| Total investing cash flows | US$ | - |
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| - |
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EFFECT FROM FINANCING ACTIVITIES DURING THE YEAR |
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| CD Financing activities |
| CD | - |
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| Total |
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| - |
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| Closing FX | 0.8401 |
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| Financing cash flow based on FX | US$ | - |
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| Total financing cash flows | US$ | 186,500 |
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| (186,500) |
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EFFECT OF EXCHANGE RATE CHANGES ON CASH | 2,412 |
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