UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 17, 2005
Brooklyn Cheesecake & Desserts Company, Inc.
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(Exact name of Company as specified in its charter)
New York 1-13984 13-382215
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(State or Other Jurisdiction) (Commission File Number) (I.R.S. Employer Identification)
of Incorporation)
20 Passaic Avenue, Fairfield, NJ 07004
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (973) 808-9292
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N/A
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(Former name or former address, if changed since last report)
|_| Written communication pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 40.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement
Effective June 17, 2005, the Company entered into an agreement extending the
term of a $317,000.00 secured promissory note made by it and J.M. Specialties,
Inc. (a wholly owned subsidiary of the Company) as borrowers the note holder
Ronald L. Schutt?, the Company's Chairman, Chief Executive Officer and
President. Under the terms of the agreement, the term of the Note was extended
through July 31, 2005. All other terms of the note that bears interest at a rate
of 13% per annum remain the same.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
10.01 Extension Agreement between Brooklyn Cheesecake & Desert Company, J.M.
Specialties, Inc. as borrowers and Ronald L. Schutt? as lender dated as of June
17, 2005.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: June 22, 2005
Brooklyn Cheesecake & Deserts Company, Inc.
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(Registrant)
/s/ Anthony Merante
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Anthony Merante
Chief Financial Officer