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) April 30, 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
of Incorporation) Identification)
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
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 April 30, 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. Schutte, the Company's Chairman, Chief Executive Officer and
President. Under the terms of the agreement, the term of the Note was extended
an additional twenty (20) days to May 20, 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. Schutte as lender dated as of
April 30, 2005.
10.2 Amended Secured $317,000 Promissory Note made by Brooklyn Cheesecake &
Desert Company, J.M. Specialties, Inc. as borrowers and Ronald L. Schutte
as lender dated as of April 30, 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: May 5, 2005
Brooklyn Cheesecake & Deserts Company, Inc.
(Registrant)
/s/ Anthony Merante
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Anthony Merante
Chief Financial Officer