# EDGAR Filing Document

**Accession Number:** 0001342936
**File Stem:** 0000000000-25-008993
**Filing Date:** 2025-8
**Character Count:** 5785
**Document Hash:** ecf12eacb74f24d4410c73f7ff5527d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-008993.hdr.sgml**: 20260211

**ACCESSION NUMBER**: 0000000000-25-008993

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250822

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Rivulet Entertainment, Inc.
- **CENTRAL INDEX KEY:** 0001342936
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 980511932
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 000-52390

**BUSINESS ADDRESS:**
- **STREET 1:** 7659 E. WOOD DRIVE
- **CITY:** SCOTTSDALE,
- **STATE:** AZ
- **ZIP:** 85260
- **BUSINESS PHONE:** 480-704-4183

**MAIL ADDRESS:**
- **STREET 1:** 7659 E. WOOD DRIVE
- **CITY:** SCOTTSDALE,
- **STATE:** AZ
- **ZIP:** 85260

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Advanced Voice Recognition Systems, Inc
- **DATE OF NAME CHANGE:** 20080625

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SAMOYED ENERGY CORP
- **DATE OF NAME CHANGE:** 20051031
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001376474-24-000658

## Text-Extract

```

                                                           August 22, 2025

Walter Geldenhuys
Chief Financial Officer
Rivulet Entertainment, Inc.
7659 E. Wood Drive
Scottsdale, AZ 85260

        Re: Rivulet Entertainment, Inc.
            Form 10-KT for the Transition Period ended June 30, 2024
            Filed November 12, 2024
            File No. 000-52390
Dear Walter Geldenhuys:

       We have reviewed your May 12, 2025 response to our comment letter and
have the
following comment.

       Please respond to this letter within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe a
comment applies to your facts and circumstances, please tell us why in your
response.

       After reviewing your response to this letter, we may have additional
comments.
Unless we note otherwise, any references to prior comments are to comments in
our April 7,
2025 letter.

Form 10-KT/A for the Transition Period ended June 30, 2024
General

1.     We note that your interim reports for the quarters ended September 30,
2024 and
       December 31, 2024 reflect the acquisition from the standpoint of the
accounting
       acquirer in your July 7, 2024 reverse merger, although as discussed with
your
       representative during a telephone conference on August 20, 2025, an
inconsistent
       approach was taken in presenting share activity within the equity
statements of these
       two reports. For example, the first quarter report shows 96,722,950
shares as of June
       30, 2023, while the second quarter reports shows 3,668,274 shares for
that same date.

       Based on your disclosures indicating that 96,722,950 shares were issued
by the legal
       acquirer to complete the transaction, the implicit exchange ratio when
applied to the
       historical share activity of Rivulet Media, Inc. should yield that same
quantity of
 August 22, 2025
Page 2

       shares in the financial statements covering periods prior to the
acquisition, adjusted as
       necessary to correspond to and reflect any changes in the outstanding
shares of
       accounting acquirer, though culminating in that number of shares just
prior to the
       event. The number of shares that are deemed to be issued from the
standpoint of the
       accounting acquirer, to acquire the legal acquirer, should equal the
number of shares
       that were actually issued and outstanding just prior to consummation on
July 7, 2024,
       less any consideration shares that were issued prior to consummation.

       Therefore, provided there were no changes in the number of Rivulet
Media, Inc.
       shares subsequent to June 30, 2023, up to the date of the merger, the
approach taken
       in your September 30, 2024 interim report would appear to appropriately
reflect the
       recast based on the share consideration in conformity with the
accounting guidance in
       FASB ASC 805-40-45-2(d), stating "the equity structure of the legal
subsidiary (the
       accounting acquirer) is restated using the exchange ratio established in
the acquisition
       agreement to reflect the number of shares of the legal parent (the
accounting acquiree)
       issued in the reverse acquisition." However, if there were any changes
in the number
       of shares during that period of time, this would need to be reflected in
the equity roll-
       forward with appropriate line item activity and note disclosures.

       Please ensure that share activity presented in future periodic reports,
beginning with
       your interim report for the quarter ended March 31, 2025, accurately
reflects all
       historical share activity of the accounting acquirer, and is recast
using the exchange
       ratio implicit in the merger terms. Please advise us of your position on
whether the
       December 31, 2024 interim report should be revised to correct the share
activity in the
       equity statement, including the reasons if you believe this would be
unnecessary.

       Please contact John Cannarella at 202-551-3337 or Karl Hiller at
202-551-3686 if you
have questions regarding comments on the financial statements and related
matters.

                                                             Sincerely,

                                                             Division of
Corporation Finance
                                                             Office of Energy &
Transportation

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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