##### Table of Contents



UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-Q
 þ
    
    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the quarterly period ended March 31, 2007
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from  to
 Commission File No 001-32440
 READY MIX, INC.
  Nevada
    
    86-0830443(State or other Jurisdiction of
    
    (I.R.S. Employer Identification No.)incorporation or organization)
 3430 East Flamingo Road, Suite 100
Las Vegas, Nevada 89121
(702) 433-2090
 þ o
  o o þ
 o þ
  Common Stock, $.001 par value
3,807,500 shares




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##### 



READY MIX, INC.
INDEX
REPORT ON FORM 10-Q
FOR THE QUARTER ENDED MARCH 31, 2007
 PART I. FINANCIAL INFORMATIONItem 1. Financial StatementsCondensed Balance Sheets  As of March 31, 2007 (Unaudited) and
December 31, 2006
    
    
    3Condensed Statements of Operations (Unaudited)  Three months ended
March 31, 2007 and 2006 and Changes in Stockholders
Equity (Unaudited)
    
    
    4Condensed Statements of Cash Flows (Unaudited)  Three months ended
March 31, 2007 and 2006
    
    
    5Notes to Condensed Financial Statements
    
    
    6Item 2. Managements Discussion and Analysis of Financial Condition and
Results of Operations
    
    
    14Item 3. Quantitative and Qualitative Disclosure About Market Risk
    
    
    20Item 4. Controls and Procedures
    
    
    20PART II. OTHER INFORMATIONItem 1. Legal Proceedings
    
    
    21Item 1A. Risk Factors
    
    
    21Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
    
    
    21Item 3. Defaults Upon Senior Securities
    
    
    21Item 4. Submission of Matters to a Vote of Security Holders
    
    
    21Item 5. Other Information
    
    
    21Item 6. Exhibits
    
    
    21EX-31.1EX-31.2EX-32
  2




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##### Table of Contents



PART I  FINANCIAL INFORMATION
 
 Item 1. Financial Statements
 READY MIX, INC.
 
 CONDENSED BALANCE SHEETS
 March 31,
    
    
    December 31,2007
    
    
    2006(Unaudited)Assets:Current assets:Cash and cash equivalents
    
    $
    9,609,974
    
    
    $
    8,369,875Accounts receivable, net
    
    
    9,038,162
    
    
    
    8,864,436Inventory
    
    
    1,145,837
    
    
    
    1,301,842Prepaid expenses
    
    
    1,030,840
    
    
    
    1,169,041Deferred tax asset
    
    
    367,752
    
    
    
    361,206Total current assets
    
    
    21,192,565
    
    
    
    20,066,400Property and equipment, net
    
    
    27,851,943
    
    
    
    25,481,056Refundable deposits
    
    
    483,353
    
    
    
    1,475,297Total assets
    
    $
    49,527,861
    
    
    $
    47,022,753Liabilities and stockholders equity:Current liabilities:Accounts payable
    
    $
    4,424,729
    
    
    $
    4,269,519Accrued liabilities
    
    
    1,937,337
    
    
    
    2,443,258Notes payable
    
    
    2,849,867
    
    
    
    2,515,522Obligations under capital leases
    
    
    133,104
    
    
    
    250,313Due to affiliate
    
    
    27,307
    
    
    
    73,395Income tax payable
    
    
    318,473
    
    
    
    110,458Total current liabilities
    
    
    9,690,817
    
    
    
    9,662,465Notes payable, less current portion
    
    
    9,984,972
    
    
    
    8,269,789Obligations under capital leases, less current portion
    
    
    
    
    
    
    4,634Deferred tax liability
    
    
    1,619,009
    
    
    
    1,619,009Total liabilities
    
    
    21,294,798
    
    
    
    19,555,897Commitments and contingenciesStockholders equity:Preferred stock  $.001 par value; 5,000,000 shares authorized,
none issued and outstanding
    
    
    
    
    
    
    Common stock  $.001 par value; 15,000,000 shares authorized,
3,807,500 issued and outstanding
    
    
    3,808
    
    
    
    3,808Additional paid-in capital
    
    
    17,861,613
    
    
    
    17,793,892Retained earnings
    
    
    10,367,642
    
    
    
    9,669,156Total stockholders equity
    
    
    28,233,063
    
    
    
    27,466,856Total liabilities and stockholders equity
    
    $
    49,527,861
    
    
    $
    47,022,753
  3




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##### Table of Contents



READY MIX, INC.
 
 CONDENSED STATEMENTS OF OPERATIONS AND
CHANGES IN STOCKHOLDERS EQUITY
(Unaudited)
 Three months endedMarch 31,2007
    
    
    2006Revenue:Revenue
    
    $
    19,710,557
    
    
    $
    21,024,588Revenue  related parties
    
    
    651,885
    
    
    
    106,936Total revenue
    
    
    20,362,442
    
    
    
    21,131,524Cost of revenue
    
    
    18,261,428
    
    
    
    18,458,566Gross profit
    
    
    2,101,014
    
    
    
    2,672,958General and administrative expenses
    
    
    1,161,996
    
    
    
    1,136,671Income from operations
    
    
    939,018
    
    
    
    1,536,287Other income (expense):Interest income
    
    
    88,447
    
    
    
    92,898Interest expense
    
    
    (42,118
    )
    
    
    (29,286
    )Other income
    
    
    95,810
    
    
    
    5,801142,139
    
    
    
    69,413Income before income taxes
    
    
    1,081,157
    
    
    
    1,605,700Income tax expense
    
    
    382,671
    
    
    
    589,988Net income
    
    $
    698,486
    
    
    $
    1,015,712Basic net income per common share
    
    $
    0.18
    
    
    $
    0.27Diluted net income per common share
    
    $
    0.18
    
    
    $
    0.26Basic weighted average common
shares outstanding
    
    
    3,807,500
    
    
    
    3,807,500Diluted weighted average common
shares outstanding
    
    
    3,818,693
    
    
    
    3,866,588
 Common StockNumber of
    
    
    
    
    
    
    AdditionalShares
    
    
    
    
    
    
    Paid-in
    
    
    RetainedOutstanding
    
    
    Amount
    
    
    Capital
    
    
    EarningsBalance at January 1, 2007
    
    
    3,807,500
    
    
    $
    3,808
    
    
    $
    17,793,892
    
    
    $
    9,669,156Stock based compensation
expense
    
    
    
    
    
    
    
    
    
    
    67,721Net income for the three months
ended March 31, 2007
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    698,486Balance at March 31, 2007
    
    
    3,807,500
    
    
    $
    3,808
    
    
    $
    17,861,613
    
    
    $
    10,367,642
  4




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##### Table of Contents



READY MIX, INC.
 
 CONDENSED STATEMENTS OF CASH FLOWS
(Unaudited)
 Three months endedMarch 31,2007
    
    
    2006Increase (decrease) in cash and cash equivalents:Cash flows from operating activities:Cash received from customers
    
    $
    20,243,860
    
    
    $
    18,516,420Cash paid to suppliers and employees
    
    
    (17,440,156
    )
    
    
    (17,639,009
    )Taxes paid
    
    
    (181,202
    )
    
    
    (235,000
    )Interest received
    
    
    88,447
    
    
    
    92,898Interest paid
    
    
    (42,118
    )
    
    
    (29,286
    )Net cash provided by operating activities
    
    
    2,668,831
    
    
    
    706,023Cash flows from investing activities:Purchase of property and equipment
    
    
    (1,843,947
    )
    
    
    (4,045,717
    )Cash received from sale of equipment
    
    
    168,951
    
    
    
    Net cash used in investing activities
    
    
    (1,674,996
    )
    
    
    (4,045,717
    )Cash flows from financing activities:Received from (paid to) due to affiliate
    
    
    (46,088
    )
    
    
    512,088Proceeds from notes payable
    
    
    1,335,942
    
    
    
    1,828,224Repayment of notes payable
    
    
    (921,747
    )
    
    
    (758,043
    )Repayment of capital lease obligations
    
    
    (121,843
    )
    
    
    (114,540
    )Net cash provided by financing activities
    
    
    246,264
    
    
    
    1,467,729Net increase (decrease) in cash and cash equivalents
    
    
    1,240,099
    
    
    
    (1,871,965
    )Cash and cash equivalents at beginning of period
    
    
    8,369,875
    
    
    
    12,110,417Cash and cash equivalents at end of period
    
    $
    9,609,974
    
    
    $
    10,238,452Reconciliation of net income to net cash provided byoperating activities:Net income
    
    $
    698,486
    
    
    $
    1,015,712Adjustments
to reconcile net income to net cash provided by operating activities:Depreciation and amortization
    
    
    993,816
    
    
    
    788,250(Gain) loss on sale of equipment
    
    
    (54,374
    )
    
    
    6,391Deferred taxes, net
    
    
    (6,546
    )
    
    
    (7,649
    )Stock-based compensation expense
    
    
    67,721
    
    
    
    54,402Provision for doubtful accounts
    
    
    (13,708
    )
    
    
    (5,224
    )Changes in operating assets and liabilities:Accounts receivable
    
    
    (160,018
    )
    
    
    (2,627,296
    )Prepaid expenses
    
    
    138,201
    
    
    
    63,597Inventory
    
    
    156,005
    
    
    
    (89,775
    )Refundable deposits
    
    
    991,944
    
    
    
    (212,976
    )Accounts payable
    
    
    155,210
    
    
    
    1,469,228Accrued liabilities
    
    
    (505,921
    )
    
    
    (111,274
    )Income tax payable
    
    
    208,015
    
    
    
    362,637Net cash provided by operating activities
    
    $
    2,668,831
    
    
    $
    706,023
  5




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##### Table of Contents



READY MIX, INC.
 
 NOTES TO CONDENSED FINANCIAL STATEMENTS
 1. Summary of Significant Accounting Policies and Use of Estimates:
 Presentation of Interim Information:
  Seasonal Variations:
  Nature of Corporation:
  Revenue Recognition:
  Earnings per Share:
  Stock-Based Compensation:
  6




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##### Table of Contents



READY MIX, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
 1. Summary of Significant Accounting Policies and Use of Estimates (Continued):
 Stock-Based Compensation (Continued):
  
    
    Expected term is determined using a weighted average of the contractual term and vesting
period of the award;
    
    Expected volatility is measured using the average of historical daily changes in the
market price of the Companys common stock over the expected term of the award;
    
    Risk-free interest rate is equivalent to the implied yield on zero-coupon U.S. Treasury
bonds with a remaining maturity equal to the expected term of the awards; and,
    
    Forfeitures are based on the history of cancellations of similar awards granted by the
Company and managements analysis of potential forfeitures.
 Recent Accounting Pronouncements:
  2. Stock-Based Compensation:
   Equity Incentive Plan
   7




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##### Table of Contents



READY MIX, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
 2. Stock-Based Compensation (Continued):
  Awards grantedprior toJanuary 1, 2007Dividend yield
    
    
    0
    %Expected volatility
    
    
    21.4% - 39.1
    %Weighted-average volatility
    
    
    26.60
    %Risk-free interest rate
    
    
    5.00
    %Expected life of options (in years)
    
    
    3Weighted-average grant-date fair value
    
    $
    2.40
   Weighted AverageWeighted Average
    
    
    Remaining
    
    
    Aggregate
    
    
    AggregateExercise Price
    
    
    Contractural
    
    
    Fair
    
    
    IntrinsicShares
    
    
    per Share
    
    
    Term (1)
    
    
    Value
    
    
    Value (2)Outstanding January 1, 2007
    
    
    350,625
    
    
    $
    10.90
    
    
    
    3.65
    
    
    $
    839,741Granted
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Exercised
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Forfeited or expired
    
    
    (2,500
    )
    
    
    11.00
    
    
    
    
    
    
    
    (4,875
    )Outstanding March 31, 2007
    
    
    348,125
    
    
    $
    10.90
    
    
    
    3.40
    
    
    $
    834,866
    
    
    $
    442,056Exercisable March 31, 2007
    
    
    158,667
    
    
    $
    11.06
    
    
    
    2.86
    
    
    $
    315,408
    
    
    $
    174,705
 
 (1)
    
    Remaining contractual term is presented in years.(2)
    
    The aggregate intrinsic value is calculated as the difference between the
exercise price of the underlying awards and the closing price of our common stock as of
March 31, 2007, for those awards that have an exercise price currently below the
closing price as of March 31, 2007. Awards with an exercise price above the closing
price as of March 31, 2007 are considered to have no intrinsic value.  Weighted AverageGrant-DateShares
    
    
    Fair ValueNonvested stock options at January 1, 2007
    
    
    267,084
    
    
    $
    2.51Granted
    
    
    
    
    
    
    Vested
    
    
    (75,126
    )
    
    
    1.95Forfeited
    
    
    (2,500
    )
    
    
    1.95Nonvested stock options at March 31, 2007
    
    
    189,458
    
    
    $
    2.74
  8




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##### Table of Contents



READY MIX, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
 3. Statement of Cash Flows:
 Non-Cash Investing and Financing Activities:
    4. Notes Payable:
  March 31,
    
    
    December 31,2007
    
    
    20065.99% note payable, with monthly payments of $471, due
September 28, 2008, collateralized by a vehicle
    
    $
    8,095
    
    
    $
    9,375Non-interest bearing note payable, with monthly payments of $390,
due February 12, 2007, collateralized by equipment
    
    
    
    
    
    
    7805.31% note payable, with monthly payments of $1,730, due
March 22, 2009, collateralized by vehicles
    
    
    8,477
    
    
    
    43,9445.31% note payable, with monthly payments of $788, due
April 8, 2009, collateralized by a vehicle
    
    
    17,898
    
    
    
    20,0056.21% note payable, with monthly payments of $4,921 and a
principal payment of $443,902, due April 16, 2009, collateralized
by land
    
    
    500,353
    
    
    
    507,3816.34% note payable, with monthly payments of $3,450 and a
principal payment of $309,412, due April 16, 2009, collateralized
by land
    
    
    348,369
    
    
    
    353,2225.90% note payable, with monthly principal payments of $1,905,
plus
interest, due May 24, 2007, collateralized by equipment
    
    
    3,810
    
    
    
    9,5245.22% note payable, with monthly payments of $10,398, due
May 25, 2008, collateralized by equipment
    
    
    140,953
    
    
    
    170,0537.05% note payable, with monthly payments of $2,930 and a principal
payment of $254,742, due August 27, 2009, collateralized by land
    
    
    289,846
    
    
    
    293,5555.90% note payable, with monthly payments of $593, due
December 15, 2009, collateralized by vehicles
    
    
    18,030
    
    
    
    19,5296.60% note payable, with monthly payments of $30,812, due
December 15, 2007, collateralized by equipment
    
    
    269,836
    
    
    
    356,8626.60% note payable, with monthly payments of $22,806, due
December 29, 2007, collateralized by equipment
    
    
    199,718
    
    
    
    264,130$
    1,805,385
    
    
    $
    2,048,360
 9




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READY MIX, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
 4. Notes Payable (Continued):
  March 31,
    
    
    December 31,2007
    
    
    2006Total from previous page
    
    $
    1,805,385
    
    
    $
    2,048,3605.90% notes payable, with combined monthly payments of $5,322,
due dates ranging from January 31, 2010 to March 11, 2010,
collateralized by vehicles
    
    
    168,345
    
    
    
    181,6987.25% note payable, with monthly payments of $4,153, due
May 4, 2009, collateralized by equipment
    
    
    103,837
    
    
    
    116,297Note payable, variable interest rate was 9.75% at March 31,
2007, with monthly principal payments of $21,429 plus interest,
due July 29, 2012, collateralized by mining water rights
    
    
    1,371,429
    
    
    
    1,435,7147.50% notes payable, with combined monthly principal payments
of $15,100 plus interest, due September 1, 2008, collateralized
by equipment
    
    
    256,699
    
    
    
    301,9996.85% notes payable, with combined monthly payments of $1,098,
due September 28, 2010, collateralized by vehicles
    
    
    40,908
    
    
    
    43,4736.85% note payable, with a monthly payment of $522, due
October 13, 2010, collateralized by a vehicle
    
    
    19,848
    
    
    
    21,0595.99% note payable, with a monthly payment of $496, due
November 30, 2008, collateralized by a vehicle
    
    
    
    
    
    
    10,7517.99% note payable, with monthly principal payments of
$14,362 plus interest, due March 25, 2011, collateralized
by equipment
    
    
    689,371
    
    
    
    732,4578.14% note payable, with monthly principal payments of
$30,470 plus interest, due March 28, 2011, collateralized
by equipment
    
    
    1,462,579
    
    
    
    1,553,9908.45% notes payable, with combined monthly principal
payments of $26,182 plus interest, due June 28, 2011,
collateralized by equipment
    
    
    1,335,307
    
    
    
    1,413,8557.46% note payable, with a monthly payment of $13,867, due
May 26, 2021, collateralized by a building and land
    
    
    1,451,163
    
    
    
    1,465,9277.04% note payable, with monthly principal payments of
$4,496 plus interest, due September 30, 2009,
collateralized by equipment
    
    
    134,889
    
    
    
    148,3787.55% note payable, with a monthly payment of $550, due
July 20, 2011, collateralized by a vehicle
    
    
    24,315
    
    
    
    25,4917.90% note payable, with monthly principal payments of
$10,774 plus interest, due November 30, 2011,
collateralized by equipment
    
    
    603,359
    
    
    
    635,682$
    9,467,434
    
    
    $
    10,135,131
 10




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##### Table of Contents



READY MIX, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
 4. Notes Payable (Continued):
  March 31,
    
    
    December 31,2007
    
    
    2006Total from previous page
    
    $
    9,467,434
    
    
    $
    10,135,1317.94% note payable, with a monthly payment of $2,654, due
January 13, 2012, collateralized by vehicles
    
    
    127,462
    
    
    
    7.13% note payable, with monthly principal payments of
$34,966 plus interest, due February 28, 2013,
collateralized by equipment
    
    
    2,482,617
    
    
    
    7.13% note payable, with monthly principal payments of
$5,375 plus interest, due February 28, 2012,
collateralized by equipment
    
    
    317,145
    
    
    
    Line of
credit, variable interest rate was 8.50% at March 31, 2007, interest only payments until December 31, 2008, 36 equal
monthly principal payments plus interest therafter, collateralized
by all of the Companys assets
    
    
    440,181
    
    
    
    650,18012,834,839
    
    
    
    10,785,311Less: current portion
    
    
    (2,849,867
    )
    
    
    (2,515,522
    )$
    9,984,972
    
    
    $
    8,269,789
  2008
    
    $
    2,849,8672009
    
    
    2,227,9292010
    
    
    3,114,1202011
    
    
    2,018,6582012
    
    
    1,053,281Subsequent to 2012
    
    
    1,570,984$
    12,834,839
 5. Line of Credit:
   11




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##### Table of Contents



READY MIX, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
 6. Commitments:
  2008
    
    $
    120,8982009
    
    
    120,8982010
    
    
    120,8982011
    
    
    4,0212012
    
    
    3,686$
    370,401
   7. Earnings per Share:
   Three months endedMarch 31,2007
    
    
    2006Weighted average common shares
outstanding
    
    
    3,807,500
    
    
    
    3,807,500Dilutive effect of:Stock options and warrants
    
    
    11,193
    
    
    
    59,088Weighted average common shares
outstanding assuming dilution
    
    
    3,818,693
    
    
    
    3,866,588
 12




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##### Table of Contents



READY MIX, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
 7. Earnings per Share (Continued):
   8. Income Taxes:
   13




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##### Table of Contents



Item 2. Managements Discussion and Analysis of Financial Condition and Results of Operations
 Forward-Looking Disclosure
    General
   Overview
  14




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Critical Accounting Policies, Estimates and Judgments
     15




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New Accounting Pronouncements
  16




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##### Table of Contents



Results of Operations
  Three months endedMarch 31,2007
    
    
    2006(dollars in thousands)
    
    
    
    
    
    (Unaudited)Revenue
    
    $
    19,710
    
    
    
    96.8
    %
    
    $
    21,025
    
    
    
    99.5
    %Related party revenue
    
    
    652
    
    
    
    3.2
    %
    
    
    107
    
    
    
    0.5
    %Total revenue
    
    
    20,362
    
    
    
    100.0
    %
    
    
    21,132
    
    
    
    100.0
    %Gross profit
    
    
    2,101
    
    
    
    10.3
    %
    
    
    2,673
    
    
    
    12.6
    %General and administrative expenses
    
    
    1,162
    
    
    
    5.7
    %
    
    
    1,137
    
    
    
    5.4
    %Income from operations
    
    
    939
    
    
    
    4.6
    %
    
    
    1,536
    
    
    
    7.3
    %Interest income
    
    
    88
    
    
    
    0.4
    %
    
    
    93
    
    
    
    0.4
    %Interest expense
    
    
    (42
    )
    
    
    -0.2
    %
    
    
    (29
    )
    
    
    -0.1
    %Income tax expense
    
    
    (383
    )
    
    
    -1.9
    %
    
    
    (590
    )
    
    
    -2.8
    %Net income
    
    $
    698
    
    
    
    3.4
    %
    
    $
    1,016
    
    
    
    4.8
    %Depreciation
and amortization
    
    $
    994
    
    
    
    4.9
    %
    
    $
    788
    
    
    
    3.7
    %
 Three Months Ended March 31, 2007 compared to Three Months Ended March 31, 2006
 Revenue
 Gross Profit.
 Depreciation and Amortization.
 17




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##### Table of Contents



General and Administrative Expenses.
 Interest Income and Expense.
 Income Taxes.
 Net Income.
 Liquidity and Capital Resources
     18




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##### Table of Contents



Three months endedMarch 31,2007
    
    
    2006(dollars in thousands)
    
    (Unaudited)Cash flows provided by operating activities
    
    $
    2,669
    
    
    $
    706Cash flows used in investing activities
    
    
    (1,675
    )
    
    
    (4,046
    )Cash flows provided by financing activities
    
    
    246
    
    
    
    1,468
    Summary of Contractual Obligations and Commercial Commitments
  Payments Due by PeriodLess than
    
    
    1 - 3
    
    
    4 - 5
    
    
    AfterTotal
    
    
    1 Year
    
    
    Years
    
    
    Years
    
    
    5 Years(dollars in thousands)Contractual ObligationsLong-term debt
    
    $
    12,835
    
    
    $
    2,850
    
    
    $
    5,342
    
    
    $
    3,072
    
    
    $
    1,571Interest payments on
long-term debt (1)
    
    
    2,999
    
    
    
    888
    
    
    
    1,221
    
    
    
    450
    
    
    
    440Capital lease obligations
    
    
    133
    
    
    
    133
    
    
    
    
    
    
    
    
    
    
    
    Operating leases
    
    
    9,069
    
    
    
    2,991
    
    
    
    4,524
    
    
    
    1,554
    
    
    
    Purchase obligations
    
    
    26,501
    
    
    
    3,642
    
    
    
    7,089
    
    
    
    4,907
    
    
    
    10,863Other
long-term liabilities (2)
    
    
    692
    
    
    
    494
    
    
    
    198
    
    
    
    
    
    
    
    Total contractual obligations
    
    $
    52,229
    
    
    $
    10,998
    
    
    $
    18,374
    
    
    $
    9,983
    
    
    $
    12,874
 
 (1)
    
    Interest payments are based on the individual interest rates of each obligation,
which range from 5.22% to 9.75% per annum. We do not assume an increase in the variable
interest rate. See Note 4Notes payable in the accompanying condensed financial
statements.(2)
    
    Other long-term liabilities include employment contracts with two of our key
executive officers that call for annual salaries of $150,000 and $126,000 through
January 2008, and are to be reviewed annually by our Compensation Committee of our
Board of Directors. In addition, other long-term liabilities include the administrative
services agreement with Meadow Valley in the amount of $22,000 per month expiring
December 31, 2008. 19




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##### Table of Contents



Website Access
  
 Item 3. Quantitative and Qualitative Disclosures About Market Risk
     
 Item 4. Controls and Procedures
   20




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##### Table of Contents



PART II  OTHER INFORMATION
 
 Item 1. Legal Proceedings
  
 Item 1A. Risk Factors
  
 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
  
 Item 3. Defaults Upon Senior Securities
  
 Item 4. Submission of Matters to a Vote of Security Holders
  
 Item 5. Other Information
  
 Item 6. Exhibits
  31.1
    
    Certification of Chief Executive Officer Pursuant to Rules 13a-14 and 15d-14 of
the Securities Exchange Act of 193431.2
    
    Certification of Chief Financial Officer Pursuant to Rules 13a-14 and 15d-14 of
the Securities Exchange Act of 193432
    
    Certification of Chief Executive Officer and Chief Financial Officer Pursuant
to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act
of 2002
 21




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##### Table of Contents



SIGNATURE
  READY MIX, INC.(Registrant)By
    
    /s/ Bradley E. LarsonBradley E. LarsonChief Executive OfficerMay 9, 2007By
    
    /s/ Clint TryonClint TryonChief Financial Officer, Secretary and Treasurer(Principal Accounting Officer)May 9, 2007
 22