Attached files
file | filename |
---|---|
8-K - 8-K - SMF ENERGY CORP | v329929_8k.htm |
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF FLORIDA
FORT LAUDERDALE DIVISION
IN RE: | | | CASE NUMBER | |
| | 12-19084-RBR | ||
SMF Energy Corporation | | | ||
DEBTOR. | | | JUDGE: Raymond B. Ray | |
| | |||
| | CHAPTER 11 | ||
| |
DEBTOR'S STANDARD MONTHLY OPERATING REPORT (BUSINESS)
FOR THE PERIOD
FROM 10/1/2012 TO 10/31/2012
Comes now the above named debtor and files its Monthly Operating Reports in accordance with the Guidelines established by the United States Trustee and FRBP 2015.
Attorney for Debtor's Signature | |
Debtor's Address | Attorney's Address |
and Phone Number: | and Phone Number: |
c/o Soneet R. Kapila, CRO | Genovese Joblove & Battista, P.A. |
200 W. Cypress Creek Road | 200 East Broward Blvd. |
Suite 400 | Suite 1100 |
Ft. Lauderdale, Fl 33009 | Ft. Lauderdale, FL 33301 |
(954) 453-8000 |
Note: The original Monthly Operating Report is to be filed with the court and a copy simultaneously provided to the United States Trustee Office. Monthly Operating Reports must be filed by the 20th day of the following month.
For assistance in preparing the Monthly Operating Report, refer to the following resources on the United States Trustee Program Website, http://www.usdoj.gov/ust/r21/index.htm.
1) | Instructions for Preparations of Debtor's Chapter 11 Monthly Operating Report |
2) | Initial Filing Requirements |
3) | Frequently Asked Questions (FAQs) http://www.usdoj.gov/ust/. |
MOR-1 |
SCHEDULE OF RECEIPTS AND DISBURSEMENTS
FOR THE PERIOD BEGINNING 10/1/2012 AND ENDING 10/31/2012
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Date of Petition: | April 15, 2012 |
CURRENT | CUMULATIVE | ||||||||||
MONTH | PETITION TO DATE | ||||||||||
1. | FUNDS AT BEGINNING OF PERIOD | $ | 6,142,921.35 | (a) | $ | 91,372.14 | (b) | ||||
2. | RECEIPTS: | ||||||||||
A. | Cash Sales | - | - | ||||||||
Minus: Cash Refunds | - | - | |||||||||
Net Cash Sales | - | - | |||||||||
B. | Accounts Receivable | 20,460.97 | 13,174,396.19 | ||||||||
C. | Other Receipts (See MOR-3 ) | 3,711.10 | 20,227,608.77 | ||||||||
(If you receive rental income, | |||||||||||
you must attach rent roll.) | |||||||||||
3. | TOTAL RECEIPTS (Lines 2A+2B+2C) | 24,172.07 | 33,402,004.96 | ||||||||
4. | TOTAL FUNDS AVAILABLE FOR | ||||||||||
OPERATIONS (Line 1 + Line 3) | 6,167,093.42 | 33,493,377.10 | |||||||||
5. | DISBURSEMENTS | ||||||||||
A. | Advertising | - | - | ||||||||
B. | Bank Charges | 3,156.90 | 34,881.47 | ||||||||
C. | Contract Labor | 14,455.00 | 94,581.56 | ||||||||
D. | Fixed Asset Payments (not incl. in "N") | - | - | ||||||||
E. | Insurance | - | 347,363.15 | ||||||||
F. | Inventory Payments (See Attach. 2 ) | - | 169,025.25 | ||||||||
G. | Leases | - | 21,689.09 | ||||||||
H. | Manufacturing Supplies | - | - | ||||||||
I. | Office Supplies | - | 22,768.82 | ||||||||
J. | Payroll - Net (See Attachment 4B ) | - | 802,267.41 | ||||||||
K. | Professional Fees (Accounting & Legal) | 244,671.00 | 1,858,716.10 | ||||||||
L. | Rent | 2,489.14 | 215,518.46 | ||||||||
M. | Repairs & Maintenance | - | 4,018.99 | ||||||||
N. | Secured Creditor Payments (See Attach. 2 ) | - | 11,096,111.67 | ||||||||
O. | Taxes Paid - Payroll (See Attachment 4C ) | - | 152,350.12 | ||||||||
P. | Taxes Paid - Sales & Use (See Attachment 4 C) | - | 591,058.47 | ||||||||
Q. | Taxes Paid - Other (See Attachment 4C ) | - | 51.05 | ||||||||
R. | Telephone | 513.80 | 27,257.45 | ||||||||
S. | Travel & Entertainment | - | 20,472.62 | ||||||||
Y. | U.S. Trustee Quarterly Fees | 5,200.00 | 26,175.00 | ||||||||
U. | Utilities | - | 3,717.23 | ||||||||
V. | Vehicle Expenses | - | 520,000.00 | ||||||||
W. | Other Operating Expenses (See MOR-3 ) | 6,387.42 | 11,595,133.03 | ||||||||
6. | TOTAL DISBURSEMENTS (Sum of 5A thru W) | 276,873.26 | 27,603,156.94 | ||||||||
7. | ENDING BALANCE (Line 4 Minus Line 6) [NOTE 1] | $ | 5,890,220.16 | (c) | $ | 5,890,220.16 | (c) |
I declare under penalty of perjury that this statement and the accompanying documents and reports are true and correct to the best of my knowledge and belief.
This 20th day of November, 2012 | /s/ Soneet R. Kapila | |
Soneet R. Kapila, Chief Restructuring Officer |
(a) | This number is carried forward from last month's report. For the first report only, this number will be the balance as of the petition date. |
(b) | This figure will not change from month to month. It is always the amount of funds on hand as of the date of the petition. |
(c) | These two amounts will always be the same if form is completed correctly. |
MOR-2 |
MONTHLY SCHEDULE OF RECEIPTS AND DISBURSEMENTS (cont'd)
Detail of Other Receipts and Other Disbursements
OTHER RECEIPTS:
Describe Each Item of Other Receipt and List Amount of Receipt. Write totals on Page MOR-2, Line 2C.
Description | Current Month | Cumulative Petition to Date | ||||||
Refunds | $ | 3,711.10 | $ | 296,375.14 | ||||
Rejected wires | - | 1,198,261.65 | ||||||
Intercompany - SMF | - | 7,891,276.27 | ||||||
Intercompany - H&W | - | 29,190.31 | ||||||
Proceeds from sale of assets | - | 10,742,187.90 | ||||||
Intercompany - SSI | - | - | ||||||
Auction proceeds | - | 70,317.50 | ||||||
- | - | |||||||
- | - | |||||||
- | - | |||||||
TOTAL OTHER RECEIPTS | $ | 3,711.10 | $ | 20,227,608.77 |
"Other Receipts" includes Loans from Insiders and other sources (i.e. Officer/Owner, related parties, directors, related corporations, etc.) Please describe below:
Loan Amount | Source of Funds | Purpose | Repayment Schedule | |||
OTHER DISBURSEMENTS:
Describe Each Item of Other Disbursement and List Amount of Disbursement. Write totals on Page MOR-2, Line 5W.
Cumulative | ||||||||
Description | Current Month | Petition to Date | ||||||
401K | $ | - | $ | 9,637.33 | ||||
Credit card fees | - | 2,612.56 | ||||||
Deposit to Escrow for H&W Sale | - | 2,500.00 | ||||||
Intercompany - SMF | - | 9,141,445.28 | ||||||
Intercompany - H&W | 443.57 | 1,984,494.16 | ||||||
Intercompany - SSI | 270.19 | 7,227.70 | ||||||
ADP payroll fees | 21.20 | 73,796.79 | ||||||
Auction expense | - | 4,500.00 | ||||||
Copy services | 779.21 | 4,892.22 | ||||||
Misc. other disbursements | 1,271.83 | 28,843.42 | ||||||
Wells Fargo admin fee reserve | - | 300,000.00 | ||||||
IT services / Computer storage services | 3,601.42 | 25,584.23 | ||||||
Employee reimbursement | - | 419.39 | ||||||
Petty cash (employee reimb.) | - | 9,179.95 | ||||||
TOTAL OTHER DISBURSEMENTS | $ | 6,387.42 | $ | 11,595,133.03 |
NOTE: Attach a current Balance Sheet and Income (Profit & Loss) Statement.
MOR-3 |
SMF Energy Corporation, Inc.
Operating Results
June 2012
NOTE: The company is no longer preparing updated financials since all employees were terminated in June 2012. | ||||||||||||||||||||||||
STR | SSI | H&W | Realty | Elimination | SMF Energy | |||||||||||||||||||
Petroleum product sales and service revenues | $ | 0 | $ | 0 | $ | 229,294 | $ | 0 | $ | 0 | $ | 229,294 | ||||||||||||
Petroleum product taxes | 0 | 0 | 8,668 | 0 | 0 | 8,668 | ||||||||||||||||||
Total revenues | 0 | 0 | 237,962 | 0 | 0 | 237,962 | ||||||||||||||||||
Cost of petroleum product sales and service | 447,760 | -14,666 | 496,122 | 0 | 0 | 929,216 | ||||||||||||||||||
Petroleum product taxes | 0 | 0 | 8,668 | 0 | 0 | 8,668 | ||||||||||||||||||
Total cost of sales | 447,760 | -14,666 | 504,790 | 0 | 0 | 937,884 | ||||||||||||||||||
Gross profit | -447,760 | 14,666 | -266,828 | 0 | 0 | -699,922 | ||||||||||||||||||
Selling, general and administrative expenses | 2,014,530 | 319 | 64,593 | 0 | 0 | 2,079,442 | ||||||||||||||||||
Executive retirement and related transition expenses | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Operating income (loss) | -2,462,290 | 14,347 | -331,421 | 0 | 0 | -2,779,365 | ||||||||||||||||||
Interest expense | -242,876 | -3,000 | -55,605 | 0 | 23,000 | -278,481 | ||||||||||||||||||
Interest and other income, net | 3,282,551 | -396,780 | -484,363 | 0 | -23,000 | 2,378,408 | ||||||||||||||||||
Income (Loss) before income taxes | 577,385 | -385,433 | -871,389 | 0 | 0 | -679,438 | ||||||||||||||||||
Income tax benefit (expense) | 0 | 0 | -8,667 | 0 | 0 | -8,667 | ||||||||||||||||||
Net Income (loss) | $ | 577,385 | $ | -385,433 | $ | -880,056 | $ | 0 | $ | 0 | $ | -688,104 |
The accompanying financial statements of SMF Energy Corporation as of and for the periods ended March 31, 2012 and thereafter have been prepared on a going-concern, historical cost basis and do not include any adjustments that might be required under Generally Accepted Accounting Principles (GAAP) as a result of the company’s Chapter 11 bankruptcy filing on April 15, 2012, the cessation of certain operations since that filing or a plan the company recently filed with the Bankruptcy Court to sell itself at auction.
Unrecorded adjustments that might be required under GAAP include, but may not be limited to, the adoption of a liquidation basis of accounting. This would require a full assessment of the value of the company’s resources and obligations in such a liquidation. It would measure the items in the company’s financial statements based on the actual amount of cash that it expects to collect or pay during the course of the liquidation process. Adjustments to the carrying value of all the company’s assets and liabilities would be required.
The accompanying financial statements have not been reviewed by any outside accountants.
SMF Energy Corporation, Inc.
Balance Sheet
as of June 30, 2012
NOTE: The company is no longer preparing updated financials since all employees were terminated in June 2012. | ||||||||||||||||||||||||
STR | SSI | H&W | Realty | Elimination | SMF Energy | |||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
Current assets: | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 6,657,738 | $ | 0 | $ | 9,235,049 | $ | 0 | $ | 0 | $ | 15,892,787 | ||||||||||||
Accounts receivable, net | 994,727 | 0 | 2,209,297 | 0 | 0 | 3,204,024 | ||||||||||||||||||
Inventories, net | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Prepaid expenses and other current assets | 129,120 | 0 | 2,336 | 0 | 0 | 131,456 | ||||||||||||||||||
Total current assets | 7,781,586 | 0 | 11,446,682 | 0 | 0 | 19,228,268 | ||||||||||||||||||
Property and equipment, net | 979,825 | 0 | 4,600 | 66,679 | 0 | 1,051,103 | ||||||||||||||||||
Inter-company | 745,503,056 | 111,384,191 | 610,958,147 | 0 | -1,467,845,393 | 0 | ||||||||||||||||||
Identifiable intangible assets, net | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Deferred debt costs, net | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Other assets | 67,442 | 0 | 2,300 | 0 | 0 | 69,742 | ||||||||||||||||||
Total assets | 754,331,909 | 111,384,191 | 622,411,728 | 66,679 | -1,467,845,393 | 20,349,113 | ||||||||||||||||||
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||||||||||||||||||
Current liabilities: | ||||||||||||||||||||||||
Line of credit payable - Current | $ | 0 | $ | 0 | $ | 0 | $ | 0 | $ | 0 | $ | 0 | ||||||||||||
Current portion of term loan/mtg | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Accounts payable | 12,780,984 | 4,878 | 1,594,129 | 0 | 0 | 14,379,992 | ||||||||||||||||||
Accrued expenses and other liabilities | 807,840 | 0 | 387,017 | 0 | 0 | 1,194,856 | ||||||||||||||||||
Total current liabilities | 13,588,824 | 4,878 | 1,981,146 | 0 | 0 | 15,574,848 | ||||||||||||||||||
Long-term liabilities: | ||||||||||||||||||||||||
Term loan/mtg, net of current portion | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Promissory note | 800,000 | 0 | 0 | 0 | 0 | 800,000 | ||||||||||||||||||
Inter-company | 717,877,077 | 106,847,625 | 632,453,377 | 88,979 | -1,457,267,058 | 0 | ||||||||||||||||||
Other long-term liabilities | 59,240 | 0 | 998 | 0 | 0 | 60,239 | ||||||||||||||||||
Total liabilities | 732,325,142 | 106,852,503 | 634,435,521 | 88,979 | -1,457,267,058 | 16,435,087 | ||||||||||||||||||
Contingencies | ||||||||||||||||||||||||
Shareholders’ equity: | ||||||||||||||||||||||||
Preferred stock, $0.01 par value; 5,000 Series D shares authorized | 5 | 0 | 0 | 0 | 0 | 5 | ||||||||||||||||||
Common stock, $0.01 par value; 50,000,000 shares authorized | 84,320 | 1 | 0 | 0 | 0 | 84,321 | ||||||||||||||||||
Additional paid-in capital | 36,260,788 | 6,607,548 | 3,970,788 | 0 | -10,578,336 | 36,260,788 | ||||||||||||||||||
Accumulated deficit | -14,338,345 | -2,075,861 | -15,994,582 | -22,300 | 0 | -32,431,088 | ||||||||||||||||||
Total shareholders’ equity | 22,006,768 | 4,531,688 | -12,023,794 | -22,300 | -10,578,336 | 3,914,026 | ||||||||||||||||||
Total liabilities and shareholders’ equity | 754,331,909 | 111,384,191 | 622,411,728 | 66,679 | -1,467,845,393 | 20,349,113 |
The accompanying financial statements of SMF Energy Corporation as of and for the periods ended March 31, 2012 and thereafter have been prepared on a going-concern, historical cost basis anddo not include any adjustments that might be required under Generally Accepted Accounting Principles (GAAP) as a result of the company’s Chapter 11 bankruptcy filing on April 15, 2012, the cessation of certain operations since that filing or a plan the company recently filed with the Bankruptcy Court to sell itself at auction.
Unrecorded adjustments that might be required under GAAP include, but may not be limited to, the adoption of a liquidation basis of accounting. This would require a full assessment of the value of the company’s resources and obligations in such a liquidation. It would measure the items in the company’s financial statements based on the actual amount of cash that it expects to collect or pay during the course of the liquidation process. Adjustments to the carrying value of all the company’s assets and liabilities would be required.
The accompanying financial statements have not been reviewed by any outside accountants.
ATTACHMENT 1
MONTHLY ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
ACCOUNTS RECEIVABLE AT PETITION DATE: | $ | 11,505,148.43 |
ACCOUNTS RECEIVABLE RECONCILIATION
(include all accounts receivable, pre-petition and post-petition, including charge card sales which have not been received):
Beginning of Month Balance: | $ | 1,153,510.97 | (a) | |
PLUS: Current Month New Billings | $ | - | ||
MINUS: Collections During the Month | $ | (20,460.97 | )(b) | |
PLUS/MINUS: Adjustments of Write-offs | $ | (3,034.79 | )* | |
End of Month Balance | $ | 1,130,015.21 | (c) |
*For any adjustments or Write-offs provide explanation and supporting documentation, if applicable:
Credits were issued to various customers.
POST PETITION ACCOUNTS RECEIVABLE AGING
(Show the total amount for each aging category for all accounts receivable)
0-30 Days | 31-60 Days | 61-90 Days | Over 90 Days | Total | ||||||||||||||
$ | 15,004.19 | $ | - | $ | (4,224.75 | ) | $ | 1,119,235.77 | $ | 1,130,015.21 | (c) |
For any receivables in the "Over 90 Days" category, please provide the following:
Customer | Receivable Date |
Status (Collection efforts taken, estimate of collectibility, write- off, disputed account, etc.) | ||
See attached | ||||
(a) This number is carried forward from last month's report. For the first report only, this number will be the balance as of the petition date.
(b) This must equal the number reported in the "Current Month" column of Schedule of Receipts and Disbursements (Page MOR-2, Line 2B).
(c) These two amounts must equal.
MOR-4 |
SMF Energy Corp.
A/R Aging - October 31, 2012
Attachment 1
COMPANY NAME | Current | 30 Days | 60 Days | 90 Days | 120+ Days | Balance | ||||||||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,000.00 | $ | 2,000.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 63,978.53 | $ | 63,978.53 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,949.35 | $ | 1,949.35 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (343.36 | ) | $ | (343.36 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,796.98 | $ | 2,796.98 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 20,864.16 | $ | 20,864.16 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 3,935.84 | $ | 3,935.84 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 27,134.24 | $ | 27,134.24 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 17,618.82 | $ | 17,618.82 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 3,489.59 | $ | 3,489.59 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | (1,528.27 | ) | $ | 0.00 | $ | 0.00 | $ | (1,528.27 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 5,617.92 | $ | 5,617.92 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | (2,443.77 | ) | $ | 0.00 | $ | 0.00 | $ | (2,443.77 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 314.21 | $ | 314.21 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 3,987.29 | $ | 3,987.29 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 169.63 | $ | 169.63 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (501.96 | ) | $ | (501.96 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (727.73 | ) | $ | 0.00 | $ | (727.73 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 822.13 | $ | 822.13 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 5,836.04 | $ | 5,836.04 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 725.89 | $ | 725.89 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (98.81 | ) | $ | (98.81 | ) |
COMPANY NAME | Current | 30 Days | 60 Days | 90 Days | 120+ Days | Balance | ||||||||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (100.00 | ) | $ | (100.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (100.00 | ) | $ | (100.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 75.00 | $ | 75.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (150.00 | ) | $ | (150.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (145.00 | ) | $ | (145.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 3,631.37 | $ | 3,631.37 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 93.59 | $ | 93.59 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (325.00 | ) | $ | (325.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (250.00 | ) | $ | (250.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 761.95 | $ | 761.95 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (235.00 | ) | $ | (235.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (285.00 | ) | $ | (285.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,050.00 | $ | 2,050.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 34,931.57 | $ | 34,931.57 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 8,514.15 | $ | 8,514.15 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 805.91 | $ | 805.91 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,005.35 | $ | 1,005.35 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (8,105.70 | ) | $ | (8,105.70 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 172.52 | $ | 172.52 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | (69.57 | ) | $ | 0.00 | $ | 0.00 | $ | (69.57 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 25.77 | $ | 25.77 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 720.51 | $ | 720.51 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 4,965.78 | $ | 4,965.78 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 91.62 | $ | 91.62 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 3,624.96 | $ | 3,624.96 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 15.43 | $ | 15.43 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 528.67 | $ | 528.67 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 14.62 | $ | 14.62 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 260.09 | $ | 260.09 | |||||||||||||
$ | 0.03 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.03 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 5,067.77 | $ | 5,067.77 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (240.00 | ) | $ | (240.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 360.86 | $ | 360.86 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 26,353.63 | $ | 26,353.63 |
COMPANY NAME | Current | 30 Days | 60 Days | 90 Days | 120+ Days | Balance | ||||||||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,354.51 | $ | 2,354.51 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 9,741.86 | $ | 9,741.86 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 24,672.96 | $ | 24,672.96 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 17,218.79 | $ | 17,218.79 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 16,957.25 | $ | 16,957.25 | |||||||||||||
$ | 15,016.07 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 15,016.07 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 476.00 | $ | 476.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 295.00 | $ | 295.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 580.00 | $ | 580.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 50,715.66 | $ | 50,715.66 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (479.41 | ) | $ | (479.41 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,318.40 | $ | 1,318.40 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 53,273.52 | $ | 53,273.52 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,696.26 | $ | 1,696.26 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 292.53 | $ | 292.53 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 50.95 | $ | 50.95 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 413,060.73 | $ | 413,060.73 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 162,859.46 | $ | 162,859.46 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 35,580.16 | $ | 35,580.16 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 21,855.40 | $ | 21,855.40 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 911.64 | $ | 911.64 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 19,992.03 | $ | 19,992.03 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (1,035.00 | ) | $ | 0.00 | $ | (1,035.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 607.56 | $ | 607.56 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 2,381.37 | $ | 2,381.37 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (1,513.19 | ) | $ | (1,513.19 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (63.65 | ) | $ | (63.65 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,501.31 | $ | 1,501.31 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 707.77 | $ | 707.77 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 12,342.92 | $ | 12,342.92 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 4,427.35 | $ | 4,427.35 |
COMPANY NAME | Current | 30 Days | 60 Days | 90 Days | 120+ Days | Balance | ||||||||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (448.29 | ) | $ | (448.29 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 869.69 | $ | 869.69 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | (183.14 | ) | $ | (260.46 | ) | $ | (5,710.87 | ) | $ | (6,154.47 | ) | |||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 1,138.38 | $ | 1,138.38 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 3,937.04 | $ | 3,937.04 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 224.23 | $ | 224.23 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 5,050.37 | $ | 5,050.37 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 17,730.07 | $ | 17,730.07 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 677.63 | $ | 677.63 | |||||||||||||
$ | (11.91 | ) | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (11.91 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 362.64 | $ | 362.64 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (500.00 | ) | $ | (500.00 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 145.22 | $ | 145.22 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (306.27 | ) | $ | (306.27 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | (157.93 | ) | $ | (157.93 | ) | |||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | |||||||||||||
TOTAL | $ | 15,004.19 | $ | 0.00 | $ | (4,224.75 | ) | $ | (2,023.19 | ) | $ | 1,121,258.96 | $ | 1,130,015.21 |
ATTACHMENT 2
MONTHLY ACCOUNTS PAYABLE AND SECURED PAYMENTS REPORT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
In the space below list all invoices or bills incurred and not paid since the filing of the petition. Do not include amounts owed prior to filing the petition. In the alternative, a computer generated list of payables may be attached provided all information requested below is included.
POST-PETITION ACCOUNTS PAYABLE
Date | Days | |||||||||
Incurred | Outstanding | Vendor | Description | Amount | ||||||
$ | - | |||||||||
See attached | - | |||||||||
- | ||||||||||
- | ||||||||||
- | ||||||||||
- | ||||||||||
- | ||||||||||
TOTAL AMOUNT | $ | - | (b) |
¨ Check here is pre-petition debts have been paid. Attach an explanation and copies of supporting documentation.
ACCOUNTS PAYABLE RECONCILIATION (Post Petition Unsecured Debt Only):
Opening balance | $ | 435,270.76 | (a) | |
PLUS: New Indebtedness Incurred This Month | 368,295.53 | |||
MINUS: Amount Paid on Post Petition, | (276,159.50 | ) | ||
Accounts Payable This Month | - | |||
PLUS/MINUS: Adjustments | - | |||
Ending Month Balance | $ | 527,406.79 | * |
* July 2012 professional fee invoices are not included in this balance.
The previous month MOR included pre-petition A/P and this adjustment corrects the A/P to include only post-petition activity.
SECURED PAYMENTS REPORT
List the status of Payments to Secured Creditors and Lessors (Post Petition Only). If you have entered into a modification agreement with a secured creditor/lessor, consult with your attorney and the United States Trustee Program prior to completing this section.
Number of | |||||||||
Secured | Date Payment | Amount | Post Petition | Total Amount of | |||||
Creditor / | Due This | Paid This | Payments | Post Petition Payments | |||||
Lessor | Month | Month | Delinquent | Delinquent | |||||
None | |||||||||
TOTAL | $ | - | (d) |
(a) This number is carried from last month's report. For the first report only, this number will be zero.
(b,c)The total of line (b) must equal line (c).
(d)This number is reported in the "Current Month" column of Schedule of Receipts and Disbursements (Page MOR-2, Line 5N).
MOR-5 |
SMF ENERGY CORPORATION
Case No. 12-19084-RBR (Jointly Administered)
United States Bankruptcy Court
Southern District of Florida
Fort Lauderdale Division
SMF Energy Corporation Post-Petition Accounts Payable Aging as of October 31, 2012
PRELIMINARY DRAFT as of November 16, 2012:
This is a preliminary draft. It has been prepared based on preliminary information and assumptions. No one may rely on this draft. It is subject to change as additional information becomes available or is clarified.
Petition Date: April 15, 2012
Name | Due Date | Current | 41-60 Days | 61-90 Days | 91 and Over | Total | ||||||||||||||||||
Holland & Knight, LLP | 7/10/2012 | $ | - | $ | - | $ | - | $ | 867.30 | $ | 867.30 | |||||||||||||
Holland & Knight, LLP | 6/30/2012 | - | - | - | 3,870.70 | 3,870.70 | ||||||||||||||||||
Holland & Knight, LLP | 8/7/2012 | - | - | 18.00 | - | 18.00 | ||||||||||||||||||
Holland & Knight, LLP | 8/17/2012 | - | 1,111.30 | - | 1,111.30 | |||||||||||||||||||
De La Hoz & Associates, PA | 6/30/2012 | - | - | - | 563.00 | 563.00 | ||||||||||||||||||
De La Hoz & Associates, PA | 7/31/2012 | - | 252.00 | - | 252.00 | |||||||||||||||||||
Kapila & Company | 6/30/2012 | - | - | - | 40,771.32 | 40,771.32 | ||||||||||||||||||
Kapila & Company | 7/31/2012 | - | - | 30,536.96 | - | 30,536.96 | ||||||||||||||||||
Shutts & Bowen, LLP | 8/11/2012 | - | - | 1,500.00 | - | 1,500.00 | ||||||||||||||||||
Shutts & Bowen, LLP | 8/15/2012 | - | - | 1,500.00 | - | 1,500.00 | ||||||||||||||||||
Ehrenstein, Charbonneau, Calderin | 7/11/2012 | - | - | 6,773.90 | - | 6,773.90 | ||||||||||||||||||
Ehrenstein, Charbonneau, Calderin | 8/14/2012 | - | 6,075.60 | - | 6,075.60 | |||||||||||||||||||
Ehrenstein Charbonneau Calderin | 9/30/2012 | 38,067.54 | - | - | - | 38,067.54 | ||||||||||||||||||
Genovese Joblove Battista | 7/31/2012 | - | - | 26,092.90 | - | 26,092.90 | ||||||||||||||||||
Genovese Joblove Battista | 7/31/2012 | - | - | 4,769.20 | - | 4,769.20 | ||||||||||||||||||
Genovese Joblove Battista | 8/10/2012 | - | - | 16,144.70 | - | 16,144.70 | ||||||||||||||||||
Bast Amron LLP | 8/13/2012 | - | 2,346.30 | - | 2,346.30 | |||||||||||||||||||
Kapila & Company | 9/30/2012 | 16,646.92 | - | - | - | 16,646.92 | ||||||||||||||||||
Genovese Joblove Battista | 10/18/2012 | 17,080.70 | - | - | - | 17,080.70 | ||||||||||||||||||
Shutts & Bowen | 10/15/2012 | 1,500.00 | - | - | - | 1,500.00 |
Kapila & Company
Page 1 of 2 |
SMF ENERGY CORPORATION
Case No. 12-19084-RBR (Jointly Administered)
United States Bankruptcy Court
Southern District of Florida
Fort Lauderdale Division
SMF Energy Corporation Post-Petition Accounts Payable Aging as of October 31, 2012
PRELIMINARY DRAFT as of November 16, 2012:
This is a preliminary draft. It has been prepared based on preliminary information and assumptions. No one may rely on this draft. It is subject to change as additional information becomes available or is clarified.
Petition Date: April 15, 2012
Name | Due Date | Current | 41-60 Days | 61-90 Days | 91 and Over | Total | ||||||||||||||||
De La Hoz & Associates, P.A. | 9/30/2012 | 377.00 | - | - | - | 377.00 | ||||||||||||||||
Ehrenstein Charboneau Calderin | 9/30/2012 | 1,346.60 | - | - | - | 1,346.60 | ||||||||||||||||
Holland & Knight | 10/11/2012 | 96.50 | - | - | - | 96.50 | ||||||||||||||||
BastAmron LLP | 10/6/2012 | 4,992.20 | - | - | - | 4,992.20 | ||||||||||||||||
Bast Amron LLP | 10/8/2012 | 127,500.91 | - | - | - | 127,500.91 | ||||||||||||||||
De La Hoz & Associates, PA | 10/30/2012 | 3,383.85 | - | - | - | 3,383.85 | ||||||||||||||||
Ehrenstein Charboneau Calderin | 11/14/2012 | 13,216.93 | - | - | - | 13,216.93 | ||||||||||||||||
Ehrenstein Charboneau Calderin | 11/14/2012 | 18,455.45 | - | - | - | 18,455.45 | ||||||||||||||||
Genovese Joblove Battista | 11/14/2012 | 44,737.91 | - | - | - | 44,737.91 | ||||||||||||||||
Genovese Joblove Battista | 11/14/2012 | 17,510.22 | - | - | - | 17,510.22 | ||||||||||||||||
Holland & Knight, LLP | 11/7/2012 | 255.00 | - | - | - | 255.00 | ||||||||||||||||
Kapila & Company | 10/30/2012 | 61,648.22 | - | - | - | 61,648.22 | ||||||||||||||||
Shutts & Bowen, LLP | 11/14/2012 | 8,416.99 | - | - | - | 8,416.99 | ||||||||||||||||
Trustee Services, Inc. | 10/30/2012 | 8,888.65 | - | - | - | 8,888.65 | ||||||||||||||||
FedEX | 11/14/2012 | 92.02 | - | - | - | 92.02 | ||||||||||||||||
$ | 384,213.61 | $ | - | $ | 97,120.86 | $ | 46,072.32 | $ | 527,406.79 |
Kapila & Company
Page 2 of 2 |
ATTACHMENT 3
INVENTORY AND FIXED ASSET REPORT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
INVENTORY REPORT
INVENTORY BALANCE AT PETITION DATE: | $ | - | ||
INVENTORY RECONCILIATION: | ||||
Inventory Balance at Beginning of Month | $ | - | (a) | |
PLUS: Inventory Purchased During Month | $ | - | ||
MINUS: Inventory Used or Sold | $ | - | ||
PLUS/MINUS: Adjustments or Write-downs | $ | - | * | |
Inventory on Hand at End of Month | $ | - |
METHOD OF COSTING INVENTORY: | FIFO |
*For any adjustments or write-downs provide explanation and supporting documentation, if applicable.
INVENTORY AGING
Less than 6 | 6 months to | Greater than | Considered | |||||||||||||||
months old | 2 years old | 2 years old | Obsolete | Total Inventory | ||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | = | 0 | %* |
*Aging Percentages must equal 100%
¨ Check here if inventory contains perishable items.
Description of Obsolete Inventory: |
FIXED ASSET REPORT |
FIXED ASSETS FAIR MARKET VALUE AT PETITION DATE: | $ | 3,744,475 | (b) | |
(Includes Property, Plant and Equipment) |
BRIEF DESCRIPTION: (First Report Only): | Vehicles, furnishings, office equipment, machinery, etc. |
FIXED ASSETS RECONCILIATION: | |||
Fixed Asset Book Value at Beginning of Month | $ | - | (a)(b) |
MINUS: Depreciation Expense | $ | - | |
PLUS: New purchases | $ | - | |
PLUS/MINUS: Adjustments or Write-downs | $ | - | * |
Ending Monthly Balance | $ | - |
* An auction was conducted on 7/19/12 where all remaining furnishings and office equipment were sold. Accordingly, the remaining balance of fixed assets was adjusted to zero.
BRIEF DESCRIPTION OF FIXED ASSETS PURCHASED OR DISPOSED OF DURING THE REPORTING
PERIOD: | An auction was conducted on July 19th, 2012 of the remaining furnishings and office equipment. |
(a) | This number is carried forward from last month's report. For the first report only, this number will be the balance as of the petition date. |
(b) | Fair Market Value is the amount at which fixed assets could be sold under current economic conditions. |
Book Value is the cost of the fixed assets minus accumulated depreciation and other adjustments. |
MOR-6 |
ATTACHMENT 4A
MONTHLY SUMMARY OF BANK ACTIVITY - OPERATING ACCOUNT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
Attach a copy of current month bank statement and bank reconciliation to this Summary of Bank Activity. A standard bank reconciliation form can be found at http://www.usdoj.gov/ust/r21/index.htm. If bank accounts other than the three required by the United States Trustee Program are necessary, permission must be obtained from the United States Trustee prior to opening the accounts. Additionally, use of less than the three required bank accounts must be approved by the United States Trustee.
NAME OF BANK: | Wells Fargo | BRANCH: | Cypress Creek Road | |
ACCOUNT NAME: | SMF Energy Corporation | ACCOUNT NUMBER: | 4124321431 | |
Debtor In Possession | ||||
Chapter 11 Case No. 12-19084-RBR | ||||
Accounts Payable Account |
PURPOSE OF ACCOUNT: | Operating |
Ending Balance Per Bank Statement | $ | - | |
Plus Total Amount of Outstanding Deposits | $ | - | |
Minus Total Amount of Outstanding Checks and other debits | $ | (2,850.86 | )* |
Minus Service Charges | $ | - | |
Ending Balance Per Check Register | $ | (2,850.86 | )**(a) |
*Debit cards are used by |
** If Closing Balance is negative, provide explanation: |
Since this account is setup as a ZBA account, it is only funded when the checks are presented to the bank. The funds will be automatically transferred by the bank from the Master Funding account to the A/P account when a check is presented against the account. Accordingly any outstanding checks will reflect as a negative balance until the checks are presented to the bank.
The following disbursements were paid in Cash (do not include items reported as Petty Cash on Attachment 4D:
(¨ Check here if cash disbursements were authorized by United States Trustee
Date | Amount | Payee | Purpose | Reason for Cash Disbursement | |||||
$ | - | ||||||||
TRANSFERS BETWEEN DEBTOR IN POSSESSION ACCOUNTS
"Total Amount of Outstanding Checks and other debits", listed above includes:
$ | - | Transferred to Payroll Account | |
$ | - | Transferred to Tax Account |
(a) The total of this line on Attachment 4A, 4B, and 4C plus the total of 4D must equal the amount reported as "Ending Balance" on Schedule of Receipts and Disbursements (Page MOR-2, Line 7).
MOR-7 |
WellsOne® Account Account number: n October 1, 2012 - October 31, 2012 n Page 1 of 2 |
Questions? | ||
Call your Customer Service Officer or Client Services | ||
1-800-AT WELLS (1-800-289-3557) | ||
5:00 AM TO 6:00 PM Pacific Time Monday - Friday | ||
SMF ENERGY CORPORATION | ||
DEBTOR IN POSSESSION | Online: wellsfargo.com | |
CHAPTER 11 CASE NO.12-19084-RBR | ||
CO SONEET R KAPILA CRO | Write: | Wells Fargo Bank, N.A. (182) |
1000 S FEDERAL HWY STE 200 | PO Box 63020 | |
FT LAUDERDALE FL 33316-1237 | San Francisco, CA 94163 | |
Account summary
WellsOne® Account
Account number | Beginning balance | Total credits | Total debits | Ending balance | ||||||||||||
$ | 0.00 | $ | 46,019.96 | $ | -46,019.96 | $ | 0.00 |
Credits
Electronic deposits/bank credits
Effective | Posted | |||||||||
date | date | Amount | Transaction detail | |||||||
10/10 | 114.00 | ZBA Balance Account Transfer From 4124321423 | ||||||||
10/11 | 114.00 | Heartlndpmtsys Hist Rtn 121011 17542 Smf Energy Corporation | ||||||||
10/18 | 22,895.98 | ZBA Balance Account Transfer From 4124321423 | ||||||||
10/19 | 22,895.98 | Transmontaigne Hist Rtn 121019 Smf Energy Corp DBA St | ||||||||
$ | 46,019.96 | Total electronic deposits/bank credits | ||||||||
$ | 46,019.96 | Total credits |
Debits
Electronic debits/bank debits
Effective | Posted | |||||||||
date | date | Amount | Transaction detail | |||||||
10/10 | 114.00 | Heartlndpmtsys Receivable 100412 17542 Smf Energy Corporation | ||||||||
10/11 | 114.00 | ZBA Balance Account Transfer to 4124321423 | ||||||||
10/18 | 22,895.98 | Transmontaigne Cust Debit 101812 Smf Energy Corp DBA St | ||||||||
10/19 | 22,895.98 | ZBA Balance Account Transfer to 4124321423 | ||||||||
$ | 46,019.96 | Total electronic debits/bank debits | ||||||||
$ | 46,019.96 | Total debits |
(182)
Sheet Seq = 0071535
Sheet 00001 of 00002
Account number: n October 1, 2012 - October 31, 2012 n Page 2 of 2 | |
Daily ledger balance summary
Date | Balance | Date | Balance | Date | Balance | ||
09/30 | 0.00 | 10/11 | 0.00 | 10/19 | 0.00 | ||
10/10 | 0.00 | 10/18 | 0.00 | ||||
Average daily ledger balance | $0.00 |
©2010 Wells Fargo Bank, N.A.
All rights reserved. Member FDIC.
Sheet Seq = 0071536
Sheet 00002 of 00002
ATTACHMENT 5A
CHECK REGISTER- OPERATING ACCOUNT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
NAME OF BANK: | Wells Fargo | BRANCH: | Cypress Creek Road | ||||
ACCOUNT NAME: | SMF Energy Corporation | ||||||
Debtor In Possession | |||||||
Chapter 11 Case No. 12-19084-RBR | |||||||
Accounts Payable Account | |||||||
ACCOUNT NUMBER: | 4124321431 | ||||||
PURPOSE OF ACCOUNT: | Operating |
Account for all disbursements, including voids, lost checks, stop payments, etc. In the alternative, a computer generated check register can be attached to this report, provided all the information requested below is included.
Date | Check Number | Payee | Purpose | Amount | ||||||||||||
10/10/2012 | ACH Debit | Heartland Payment Systems | Merchant Fees | $ | 114.00 | |||||||||||
10/18/2012 | ACH Debit | Transmontaigne | Debit in error | 22,895.98 | ||||||||||||
TOTAL | $ | 23,009.98 |
MOR-8 |
ATTACHMENT 4B
MONTHLY SUMMARY OF BANK ACTIVITY - PAYROLL ACCOUNT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
Attach a copy of current month bank statement and bank reconciliation to this Summary of Bank Activity. A standard bank reconciliation form can be found at http://www.usdoj.gov/ust/r21/index.htm.
NAME OF BANK: | Wells Fargo | BRANCH: | Cypress Creek Road | ||
ACCOUNT NAME: | SMF Energy Corporation | ACCOUNT NUMBER: | 2000011121866 | ||
FKA Streicher Mobile Fueling Inc. | |||||
Debtor In Possession | |||||
Chapter 11 Case No. 12-19084-RBR |
PURPOSE OF ACCOUNT: | Payroll |
Ending Balance per Bank Statement | $ | 4,568.29 | ||
Plus Total Amount of Outstanding Deposits | $ | - | ||
Minus Total Amount of Outstanding Checks and other debits | $ | - | * | |
Minus Service Charges | $ | - | ||
Ending Balance Per Check Register | $ | 4,568.29 | **(a) |
*Debit cards must not be issued on this account.
**If Closing Balance is negative, provide explanation:_______________________________
The following disbursements were paid in Cash: (o Check here if cash disbursements were authorized by United States Trustee)
Date | Amount | Payee | Purpose | Reason for Cash Disbursement | ||||
The following non-payroll disbursements were made from this account:
Date | Amount | Payee | Purpose | Reason for Cash Disbursement | ||||
(a) The total of this line on Attachment 4A, 4B, and 4C plus the total of 4D must equal the amount reported as "Ending Balance" on Schedule of Receipts and Disbursements (Page MOR-2, Line 7).
MOR-9 |
WellsOne® Account Account number: ¾ October 1, 2012 - October 31, 2012 ¾ Page 1 of 1 |
Questions? | |||
Call your Customer Service Officer or Client Services | |||
1-800-AT WELLS (1-800-289-3557) | |||
5:00 AM TO 6:00 PM Pacific Time Monday - Friday | |||
SMF ENERGY CORPORATION | |||
FKA STREICHER MOBILE FUELING INC | Online: wellsfargo.com | ||
DEBTOR IN POSSESSION | |||
CO SONEET R KAPILA CRO | Write: | Wells Fargo Bank, N.A. (182) | |
1000 S FEDERAL HWY STE 200 | PO Box 63020 | ||
FT LAUDERDALE FL 33316-1237 | San Francisco, CA 94163 | ||
Account summary |
WellsOne® Account |
Account number | Beginning balance | Total credits | Total debits | Ending balance | ||||||||||||||
$ | 4,568.29 | $ | 0.00 | $ | 0.00 | $ | 4,568.29 | |||||||||||
Daily ledger balance summary
Date | Balance | |||||||||||||||||||
09/30 | 4,568.29 | |||||||||||||||||||
Average daily ledger balance | $4,568.29 |
©2010 Wells Fargo Bank, N.A.
All rights reserved. Member FDIC.
(182)
Sheet Seq = 0022363
Sheet 00001 of 00001
ATTACHMENT 5B |
CHECK REGISTER- PAYROLL ACCOUNT |
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
NAME OF BANK: | Wells Fargo | Branch: | Cypress Creek Road | |||
ACCOUNT NAME: | SMF Energy Corporation | |||||
FKA Streicher Mobile Fueling Inc. | ||||||
Debtor In Possession | ||||||
Chapter 11 Case No. 12-19084-RBR | ||||||
ACCOUNT NUMBER: | 2000011121866 |
PURPOSE OF ACCOUNT: | Payroll |
Account for all disbursements, including voids, lost checks, stop payments, etc. In the alternative, a computer generated check register can be attached to this report, provided all the information requested below is included.
Check | ||||||||||
Date | Number | Payee | Purpose | Amount | ||||||
None | $ | - | ||||||||
TOTAL | $ | - |
MOR-10 |
ATTACHMENT 4C |
MONTHLY SUMMARY OF BANK ACTIVITY - MASTER FUNDING ACCOUNT |
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
Attach a copy of current month bank statement and bank reconciliation to this Summary of Bank Activity. A standard bank reconciliation form can be found at http://www.usdoj.gov/ust/r21/index.htm. If bank accounts other than the three required by the United States Trustee Program are necessary, permission must be obtained from the United States Trustee prior to opening the accounts. Additionally, use of less than the three required bank accounts must be approved by the United States Trustee.
NAME OF BANK: | Wells Fargo | BRANCH: | Cypress Creek Road | |
ACCOUNT NAME: | SMF Energy Corporation | ACCOUNT NUMBER: | 4124321423 | |
Debtor In Possession | ||||
Chapter 11 Case No. 12-19084-RBR | ||||
Master Funding Account |
PURPOSE OF ACCOUNT: | Master Funding Account |
Ending Balance Per Bank Statement | $ | 212,937.93 | ||
Plus Total Amount of Outstanding Deposits | $ | - | ||
Minus Total Amount of Outstanding Checks and other debits | $ | - | * | |
Minus Service Charges | $ | - | ||
Ending Balance Per Check Register | $ | 212,937.93 | **(a) |
*Debit cards are used by |
** If Closing Balance is negative, provide explanation: | ||
The following disbursements were paid in Cash (do not include items reported as Petty Cash on Attachment 4D:
(¨Check here if cash disbursements were authorized by United States Trustee)
Date | Amount | Payee | Purpose | Reason for Cash Disbursement | ||||||||||||||
$ | - | |||||||||||||||||
TRANSFERS BETWEEN DEBTOR IN POSSESSION ACCOUNTS
"Total Amount of Outstanding Checks and other debits", listed above includes:
$ | - | Transferred to Payroll Account | |
$ | - | Transferred to Tax Account |
(a) The total of this line on Attachment 4A, 4B, and 4C plus the total of 4D must equal the amount reported as "Ending Balance" on Schedule of Receipts and Disbursements (Page MOR-2, Line 7).
MOR-7 |
WellsOne® Account Account number: ¾ October 1, 2012 - October 31, 2012 ¾ Page 1 of 2 |
Questions? | |||
Call your Customer Service Officer or Client Services | |||
1-800-AT WELLS (1-800-289-3557) | |||
5:00 AM TO 6:00 PM Pacific Time Monday - Friday | |||
SMF ENERGY CORPORATION | |||
DEBTOR IN POSSESSION | Online: wellsfargo.com | ||
CHAPTER 11 CASE NO.12-19084-RBR | |||
CO SONEET R KAPILA CRO | Write: | Wells Fargo Bank, N.A. (182) | |
1000 S FEDERAL HWY STE 200 | PO Box 63020 | ||
FT LAUDERDALE FL 33316-1237 | San Francisco, CA 94163 | ||
Account summary
WellsOne® Account
Account number | Beginning balance | Total credits | Total debits | Ending balance | ||||||||||||
$ | 216,808.55 | $ | 24,772.41 | $ | -28,643.03 | $ | 212,937.93 |
Credits
Electronic deposits/bank credits
Effective | Posted | ||||||
date | date | Amount | Transaction detail | ||||
10/11 | 114.00 | ZBA Funding Account Transfer From 4124321431 | |||||
10/11 | 1,762.43 | ZBA Funding Account Transfer From 4124321456 | |||||
10/19 | 22,895.98 | ZBA Funding Account Transfer From 4124321431 | |||||
$ | 24,772.41 | Total electronic deposits/bank credits | |||||
$ | 24,772.41 | Total credits |
Debits
Electronic debits/bank debits
Effective | Posted | ||||||
date | date | Amount | Transaction detail | ||||
10/10 | 114.00 | ZBA Funding Account Transfer to 4124321431 | |||||
10/10 | 2,206.00 | ZBA Funding Account Transfer to 4124321456 | |||||
10/11 | 3,156.90 | ZBA Funding Account Transfer to 2079940014538 | |||||
10/11 | 270.15 | ZBA Funding Account Transfer to 4124321449 | |||||
10/18 | 22,895.98 | ZBA Funding Account Transfer to 4124321431 | |||||
$ | 28,643.03 | Total electronic debits/bank debits | |||||
$ | 28,643.03 | Total debits |
(182)
Sheet Seq = 0071533
Sheet 00001 of 00002
Account number: ¾ October 1, 2012 - October 31, 2012 ¾ Page 2 of 2 | |
Daily ledger balance summary |
Date | Balance | Date | Balance | Date | Balance | |||||||||||||||
09/30 | 216,808.55 | 10/11 | 212,937.93 | 10/19 | 212,937.93 | |||||||||||||||
10/10 | 214,488.55 | 10/18 | 190,041.95 | |||||||||||||||||
Average daily ledger balance | $213,373.09 |
©2010 Wells Fargo Bank, N.A.
All rights reserved. Member FDIC.
Sheet Seq = 0071534
Sheet 00002 of 00002
ATTACHMENT 5C |
CHECK REGISTER- MASTER FUNDING ACCOUNT |
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
NAME OF BANK: | Wells Fargo | Branch: | Cypress Creek Road | |
ACCOUNT NAME: | SMF Energy Corporation | |||
Debtor In Possession | ||||
Chapter 11 Case No. 12-19084-RBR | ||||
Master Funding Account |
ACCOUNT NUMBER: | 4124321423 |
PURPOSE OF ACCOUNT: | Master Funding Account |
Account for all disbursements, including voids, lost checks, stop payments, etc. In the alternative, a computer generated check register can be attached to this report, provided all the information requested below is included.
Check | ||||||||||||||||
Date | Number | Payee | Purpose | Amount | ||||||||||||
None | $ | - | ||||||||||||||
TOTAL | $ | - | (d) |
MOR-12 |
ATTACHMENT 4D
MONTHLY SUMMARY OF BANK ACTIVITY - CASH COLLECTION ACCOUNT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
Attach a copy of current month bank statement and bank reconciliation to this Summary of Bank Activity. A standard bank reconciliation form can be found at http://www.usdoj.gov/ust/r21/index.htm. If bank accounts other than the three required by the United States Trustee Program are necessary, permission must be obtained from the United States Trustee prior to opening the accounts. Additionally, use of less than the three required bank accounts must be approved by the United States Trustee.
NAME OF BANK: | Wells Fargo | BRANCH: | Cypress Creek Road | |
ACCOUNT NAME: | SMF Energy Corporation | ACCOUNT NUMBER: | 2000011121837 | |
DBA Streicher Mobile Fueling Inc. | ||||
Debtor In Possession | ||||
Atlanta Lockbox #932640 |
PURPOSE OF ACCOUNT: | Cash Collection Account |
Ending Balance Per Bank Statement | $ | 5,149,157.12 | ||
Plus Total Amount of Outstanding Deposits | $ | - | ||
Minus Total Amount of Outstanding Checks and other debits | $ | - | * | |
Minus Service Charges | $ | - | ||
Ending Balance Per Check Register | $ | 5,149,157.12 | **(a) |
*Debit cards are used by |
** If Closing Balance is negative, provide explanation: | ||
The following disbursements were paid in Cash (do not include items reported as Petty Cash on Attachment 4D:
(£Check here if cash disbursements were authorized by United States Trustee)
Date | Amount | Payee | Purpose | Reason for Cash Disbursement | ||||||||||||||
$ | - | |||||||||||||||||
TRANSFERS BETWEEN DEBTOR IN POSSESSION ACCOUNTS
"Total Amount of Outstanding Checks and other debits", listed above includes:
$ | - | Transferred to Payroll Account | |
$ | - | Transferred to Tax Account |
(a) The total of this line on Attachment 4A, 4B, and 4C plus the total of 4D must equal the amount reported as "Ending Balance" on Schedule of Receipts and Disbursements (Page MOR-2, Line 7).
MOR-7 |
WellsOne® Account Account number: ■ October 1, 2012 - October 31, 2012 ■ Page 1 of 1 |
Questions? | |||
Call your Customer Service Officer or Client Services | |||
1-800-AT WELLS (1-800-289-3557) | |||
5:00 AM TO 6:00 PM Pacific Time Monday - Friday | |||
SMF ENERGY CORPORATION | |||
DBA STREICHER MOBILE FUELING INC | Online: wellsfargo.com | ||
DEBTOR IN POSSESSION | |||
CO SONEET R KAPILA CRO | Write: | Wells Fargo Bank, N.A. (182) | |
1000 S FEDERAL HWY STE 200 | PO Box 63020 | ||
FT LAUDERDALE FL 33316-1237 | San Francisco, CA 94163 | ||
Account summary
WellsOne® Account
Account number | Beginning balance | Total credits | Total debits | Ending balance | ||||||||||||
$ | 5,127,432.01 | $ | 21,725.11 | $ | 0.00 | $ | 5,149,157.12 |
Credits
Deposits
Effective | Posted | |||||||
date | date | Amount | Transaction detail | |||||
10/05 | 896.07 | Wholesale Lockbox Deposit Atlanta Box 932640 Deposit 1 | ||||||
10/09 | 3,012.24 | Wholesale Lockbox Deposit Atlanta Box 932640 Deposit 1 | ||||||
10/15 | 2,439.62 | Wholesale Lockbox Deposit Atlanta Box 932640 Deposit 1 | ||||||
10/22 | 762.26 | Wholesale Lockbox Deposit Atlanta Box 932640 Deposit 1 | ||||||
10/26 | 10,664.00 | Wholesale Lockbox Deposit Atlanta Box 932640 Deposit 1 | ||||||
10/29 | 3,777.23 | Wholesale Lockbox Deposit Atlanta Box 932640 Deposit 1 | ||||||
$ | 21,551.42 | Total deposits |
Electronic deposits/bank credits
Effective | Posted | |||||||
date | date | Amount | Transaction detail | |||||
10/30 | 173.69 | Mansfield Oil CO AP ACH 121030 005751 Smf/Streicher Mobile F | ||||||
$ | 173.69 | Total electronic deposits/bank credits | ||||||
$ | 21,725.11 | Total credits |
Daily ledger balance summary
Date | Balance | Date | Balance | Date | Balance | |||||||||||||
09/30 | 5,127,432.01 | 10/15 | 5,133,779.94 | 10/29 | 5,148,983.43 | |||||||||||||
10/05 | 5,128,328.08 | 10/22 | 5,134,542.20 | 10/30 | 5,149,157.12 | |||||||||||||
10/09 | 5,131,340.32 | 10/26 | 5,145,206.20 | |||||||||||||||
Average daily ledger balance | $ | 5,134,471.83 |
©2010 Wells Fargo Bank, N.A.
All rights reserved. Member FDIC.
(182)
Sheet Seq = 0022362
Sheet 00001 of 00001
ATTACHMENT 5D
CHECK REGISTER- CASH COLLECTION ACCOUNT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
NAME OF BANK: | Wells Fargo | BRANCH: | Cypress Creek Road |
ACCOUNT NAME: | SMF Energy Corporation | ||
DBA Streicher Mobile Fueling Inc. | |||
Debtor In Possession | |||
Atlanta Lockbox #932640 |
ACCOUNT NUMBER: | 2000011121837 | ||
PURPOSE OF ACCOUNT: | Cash Collection Account |
Account for all disbursements, including voids, lost checks, stop payments, etc. In the alternative, a computer generated check register can be attached to this report, provided all the information requested below is included.
Check | ||||||||||||||||
Date | Number | Payee | Purpose | Amount | ||||||||||||
None | ||||||||||||||||
TOTAL | $ | - |
MOR-8 |
ATTACHMENT 4E
MONTHLY SUMMARY OF BANK ACTIVITY - CONTROL DISBURSEMENT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
Attach a copy of current month bank statement and bank reconciliation to this Summary of Bank Activity. A standard bank reconciliation form can be found at http://www.usdoj.gov/ust/r21/index.htm. If bank accounts other than the three required by the United States Trustee Program are necessary, permission must be obtained from the United States Trustee prior to opening the accounts. Additionally, use of less than the three required bank accounts must be approved by the United States Trustee.
NAME OF BANK: | Wells Fargo | BRANCH: | Cypress Creek Road | |
ACCOUNT NAME: | SMF Energy Corporation | ACCOUNT NUMBER: | 2079940014538 | |
Debtor In Possession | ||||
Chapter 11 Case No. 12-19084-RBR |
PURPOSE OF ACCOUNT: | Control Disbursement |
Ending Balance Per Bank Statement | $ | - | ||
Plus Total Amount of Outstanding Deposits | $ | - | ||
Minus Total Amount of Outstanding Checks and other debits | $ | - | * | |
Minus Service Charges | $ | - | ||
Ending Balance Per Check Register | $ | - | **(a) |
*Debit cards are used by |
** If Closing Balance is negative, provide explanation: |
The following disbursements were paid in Cash (do not include items reported as Petty Cash on Attachment 4D:
(¨Check here if cash disbursements were authorized by United States Trustee)
Date | Amount | Payee | Purpose | Reason for Cash Disbursement | ||||||||||||||
$ | - | |||||||||||||||||
TRANSFERS BETWEEN DEBTOR IN POSSESSION ACCOUNTS
"Total Amount of Outstanding Checks and other debits", listed above includes:
$ | - | Transferred to Payroll Account | ||
$ | - | Transferred to Tax Account |
(a) The total of this line on Attachment 4A, 4B, and 4C plus the total of 4D must equal the amount reported as "Ending Balance" on Schedule of Receipts and Disbursements (Page MOR-2, Line 7).
MOR-7 |
Commercial Checking Account | |
Account number: ■ October 1, 2012 - October 31, 2012 ■ Page 1 of 1 | |
Questions? | ||
Call your Customer Service Officer or Client Services | ||
1-800-AT WELLS (1-800-289-3557) | ||
5:00 AM TO 6:00 PM Pacific Time Monday - Friday | ||
SMF ENERGY CORPORATION | ||
DEBTOR IN POSSESSION | ||
CHAPTER 11 CASE NO.12-19084-RBR | Online: | wellsfargo.com |
CO SONEET R KAPILA CRO | ||
1000 S FEDERAL HWY STE 200 | Write: | Wells Fargo Bank, N.A. (164) |
FT LAUDERDALE FL 33316-1237 | Controlled Disbursement-Savannah | |
301 Tryon Street | ||
Charlotte, NC 28288 |
Account summary
Commercial Checking Account
Account number | Beginning balance | Total credits | Total debits | Ending balance | |||||||||||||
$ | 0.00 | $ | 3,156.90 | $ | -3,156.90 | $ | 0.00 |
Credits
Electronic deposits/bank credits | ||||||||
Effective | Posted | |||||||
date | date | Amount | Transaction detail | |||||
10/11 | 3,156.90 | ZBA Balance Account Transfer From 4124321423 | ||||||
$ | 3,156.90 | Total electronic deposits/bank credits | ||||||
$ | 3,156.90 | Total credits |
Debits
Electronic debits/bank debits | ||||||||
Effective | Posted | |||||||
date | date | Amount | Transaction detail | |||||
10/11 | 3,156.90 | Client Analysis Srvc Chrg 121010 Svc Chge 0912 002079940014538 | ||||||
$ | 3,156.90 | Total electronic debits/bank debits | ||||||
$ | 3,156.90 | Total debits |
Daily ledger balance summary
Date | Balance | Date | Balance | ||||||||
09/30 | 0.00 | 10/11 | 0.00 | ||||||||
Average daily ledger balance | $ | 0.00 |
©2010 Wells Fargo Bank, N.A.
All rights reserved. Member FDIC.
(164)
Sheet Seq = 0008373
Sheet 00001 of 00001
ATTACHMENT 5E
CHECK REGISTER- CONTROL DISBURSEMENT ACCOUNT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
NAME OF BANK: | Wells Fargo | BRANCH: | Cypress Creek Road |
ACCOUNT NAME: | SMF Energy Corporation | |
Debtor In Possession | ||
Chapter 11 Case No. 12-19084-RBR |
ACCOUNT NUMBER: | 2079940014538 | |
PURPOSE OF ACCOUNT: | Control Disbursement Account |
Account for all disbursements, including voids, lost checks, stop payments, etc. In the alternative, a computer generated check register can be attached to this report, provided all the information requested below is included.
Check | ||||||||||||||||||
Date | Number | Payee | Purpose | Amount | ||||||||||||||
10/11/2012 | ACH | Wells Fargo | Bank fees | $ | 3,156.90 | |||||||||||||
TOTAL | $ | 3,156.90 |
MOR-8 |
ATTACHMENT 4F
MONTHLY SUMMARY OF BANK ACTIVITY - CONTROL DISBURSEMENT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
Attach a copy of current month bank statement and bank reconciliation to this Summary of Bank Activity. A standard bank reconciliation form can be found at http://www.usdoj.gov/ust/r21/index.htm. If bank accounts other than the three required by the United States Trustee Program are necessary, permission must be obtained from the United States Trustee prior to opening the accounts. Additionally, use of less than the three required bank accounts must be approved by the United States Trustee.
NAME OF BANK: | Bank of New York Mellon | BRANCH: | Pittsburgh, PA | |
ACCOUNT NAME: | SMF Energy Corporation | ACCOUNT NUMBER: | 92006885170465 | |
Checking | ||||
Chapter 11 Case No. 12-19084-RBR |
PURPOSE OF ACCOUNT: | Control Disbursement |
Ending Balance Per Bank Statement | $ | 539,579.56 | ||
Plus Total Amount of Outstanding Deposits | - | |||
Minus Total Amount of Outstanding Checks and other debits | (13,171.88 | )* | ||
Minus Service Charges | - | |||
Ending Balance Per Check Register | $ | 526,407.68 | **(a) |
*Debit cards are used by |
** If Closing Balance is negative, provide explanation: | ||
The following disbursements were paid in Cash (do not include items reported as Petty Cash on Attachment 4D:
(¨Check here if cash disbursements were authorized by United States Trustee)
Date | Amount | Payee | Purpose | Reason for Cash Disbursement | ||||||||||||||
$ | - | |||||||||||||||||
TRANSFERS BETWEEN DEBTOR IN POSSESSION ACCOUNTS
"Total Amount of Outstanding Checks and other debits", listed above includes:
$ | - | Transferred to Payroll Account | ||
$ | - | Transferred to Tax Account |
(a) The total of this line on Attachment 4A, 4B, and 4C plus the total of 4D must equal the amount reported as "Ending Balance" on Schedule of Receipts and Disbursements (Page MOR-2, Line 7).
MOR-7 |
Statement Period | |
12-19084 | October 1 - October 31, 2012 |
SMF ENERGY CORPORATION | |
SONEET KAPILA (0000290952) | |
For Customer Service | |
1000 SOUTH FEDERAL HIGHWAY | Call 1-800-634-7734, Ext. 8 |
SUITE 200 | Email BMSBankingCenter@bms7.com |
FORT LAUDERDALE, FL 33316 |
CONSOLIDATED BALANCE SUMMARY | ||||||||||||
Ending | Ending | |||||||||||
Maturity | Balance Prior | Balance This | ||||||||||
Date | Period | Period | ||||||||||
CHECKING ACCOUNT | ||||||||||||
$ | 799,556.36 | $ | 539,579.56 | |||||||||
Total | $ | 799,556.36 | $ | 539,579.56 |
Important Information Regarding Your Account |
NOVEMBER 12TH, VETERAN'S DAY, IS A BANK HOLIDAY AND BMS WILL REMAIN OPEN, ALTHOUGH THE BANK WILL BE CLOSED. ON NOVEMBER 22ND, THANKSGIVING DAY, BOTH BNYM AND BMS WILL BE CLOSED. ON BOTH HOLIDAYS, ANY BANKING TRANSACTIONS CONDUCTED WILL BE POSTED THE FOLLOWING BUSINESS DAY. THE BMS BAN KING CENTER IS AVAILABLE MONDAY-FRIDAY FROM 8AM TO 8PM ET AT (800)634-7734, OPTION 8. |
As of October 31, 2012, the funds for this case were on deposit in the following institutions as shown below:
Union Bank | $ | 208,665.65 | New York Community | $ | 81,413.91 | |||||
Citi | $ | 249,500.00 | The Bank of New York Mellon | $ | 0.00 | |||||
Grand Total: | $ | 539,579.56 |
Page 1 of 28 |
Statement Period | |
12-19084 | October 1 - October 31, 2012 |
SMF ENERGY CORPORATION | |
SONEET KAPILA (0000290952) |
CHECKING ACCOUNT SUMMARY | Account No. |
Instances | Amount | |||||||
Beginning Balance | $ | 799,556.36 | ||||||
Deposits and Additions | 1 | $ | 3,711.10 | |||||
Withdrawals | 50 | $ | (263,687.90 | ) | ||||
Ending Balance | 51 | $ | 539,579.56 |
TRANSACTION DETAIL | ||||||||||||||||
Date | Description | Debits | Credits | Balance | ||||||||||||
10/02 | CHECK # 0000001155 | $ | (210.00 | ) | $ | 799,346.36 | ||||||||||
10/02 | CHECK # 0000001153 | $ | (115.50 | ) | $ | 799,230.86 | ||||||||||
10/03 | CHECK # 0000001157 | $ | (337.50 | ) | $ | 798,893.36 | ||||||||||
10/03 | CHECK # 0000001154 | $ | (270.00 | ) | $ | 798,623.36 | ||||||||||
10/04 | CHECK # 0000001156 | $ | (660.00 | ) | $ | 797,963.36 | ||||||||||
10/05 | CHECK # 0000001171 | $ | (20,038.10 | ) | $ | 777,925.26 | ||||||||||
10/09 | CHECK # 0000001166 | $ | (77,991.22 | ) | $ | 699,934.04 | ||||||||||
10/09 | CHECK # 0000001165 | $ | (68,405.09 | ) | $ | 631,528.95 | ||||||||||
10/09 | CHECK # 0000001167 | $ | (6,760.08 | ) | $ | 624,768.87 | ||||||||||
10/09 | CHECK # 0000001168 | $ | (1,508.00 | ) | $ | 623,260.87 | ||||||||||
10/09 | CHECK # 0000001159 | $ | (1,320.00 | ) | $ | 621,940.87 | ||||||||||
10/09 | CHECK # 0000001170 | $ | (386.00 | ) | $ | 621,554.87 | ||||||||||
10/09 | CHECK # 0000001162 | $ | (69.68 | ) | $ | 621,485.19 | ||||||||||
10/09 | CHECK # 0000001163 | $ | (19.94 | ) | $ | 621,465.25 | ||||||||||
10/10 | CHECK # 0000001174 | $ | (38,067.54 | ) | $ | 583,397.71 | ||||||||||
10/10 | CHECK # 0000001169 | $ | (5,386.40 | ) | $ | 578,011.31 | ||||||||||
10/10 | CHECK # 0000001160 | $ | (820.00 | ) | $ | 577,191.31 | ||||||||||
10/10 | CHECK # 0000001158 | $ | (360.00 | ) | $ | 576,831.31 | ||||||||||
10/10 | CHECK # 0000001161 | $ | (13.50 | ) | $ | 576,817.81 | ||||||||||
10/10 | CHECK # 0000001164 | $ | (10.00 | ) | $ | 576,807.81 | ||||||||||
10/12 | CHECK # 0000001136 | $ | (1,000.00 | ) | $ | 575,807.81 | ||||||||||
10/15 | DEPOSIT # 0000100015 | $ | 3,711.10 | $ | 579,518.91 | |||||||||||
10/15 | CHECK # 0000001172 | $ | (105.00 | ) | $ | 579,413.91 | ||||||||||
10/16 | CHECK # 0000001177 | $ | (405.00 | ) | $ | 579,008.91 | ||||||||||
10/17 | CHECK # 0000001176 | $ | (780.00 | ) | $ | 578,228.91 | ||||||||||
10/17 | CHECK # 0000001178 | $ | (210.00 | ) | $ | 578,018.91 | ||||||||||
10/17 | CHECK # 0000001175 | $ | (135.00 | ) | $ | 577,883.91 | ||||||||||
10/22 | CHECK # 0000001179 | $ | (10,300.06 | ) | $ | 567,583.85 | ||||||||||
10/22 | CHECK # 0000001180 | $ | (9,887.60 | ) | $ | 557,696.25 | ||||||||||
10/22 | CHECK # 0000001182 | $ | (240.00 | ) | $ | 557,456.25 | ||||||||||
10/23 | CHECK # 0000001181 | $ | (1,035.00 | ) | $ | 556,421.25 | ||||||||||
10/25 | CHECK # 0000001189 | $ | (779.21 | ) | $ | 555,642.04 | ||||||||||
10/25 | CHECK # 0000001184 | $ | (120.00 | ) | $ | 555,522.04 | ||||||||||
10/26 | CHECK # 0000001173 | $ | (1,856.46 | ) | $ | 553,665.58 | ||||||||||
10/26 | CHECK # 0000001197 | $ | (1,593.20 | ) | $ | 552,072.38 | ||||||||||
10/26 | CHECK # 0000001196 | $ | (513.80 | ) | $ | 551,558.58 | ||||||||||
Page 2 of 28 |
Statement Period | |
12-19084 | October 1 - October 31, 2012 |
SMF ENERGY CORPORATION | |
SONEET KAPILA (0000290952) |
CHECKING ACCOUNT SUMMARY | Account No. |
TRANSACTION DETAIL | ||||||||||||||
Date | Description | Debits | Credits | Balance | ||||||||||
10/26 | CHECK # 0000001193 | $ | (71.73 | ) | $ | 551,486.85 | ||||||||
10/26 | CHECK # 0000001192 | $ | (59.02 | ) | $ | 551,427.83 | ||||||||
10/29 | CHECK # 0000001185 | $ | (3,060.00 | ) | $ | 548,367.83 | ||||||||
10/29 | CHECK # 0000001195 | $ | (2,746.02 | ) | $ | 545,621.81 | ||||||||
10/29 | CHECK # 0000001183 | $ | (600.00 | ) | $ | 545,021.81 | ||||||||
10/29 | CHECK # 0000001201 | $ | (390.02 | ) | $ | 544,631.79 | ||||||||
10/29 | CHECK # 0000001200 | $ | (352.92 | ) | $ | 544,278.87 | ||||||||
10/29 | CHECK # 0000001188 | $ | (285.00 | ) | $ | 543,993.87 | ||||||||
10/29 | CHECK # 0000001194 | $ | (214.50 | ) | $ | 543,779.37 | ||||||||
10/29 | CHECK # 0000001203 | $ | (61.92 | ) | $ | 543,717.45 | ||||||||
10/30 | CHECK # 0000001187 | $ | (720.00 | ) | $ | 542,997.45 | ||||||||
10/30 | CHECK # 0000001199 | $ | (108.00 | ) | $ | 542,889.45 | ||||||||
10/30 | CHECK # 0000001186 | $ | (70.00 | ) | $ | 542,819.45 | ||||||||
10/30 | CHECK # 0000001198 | $ | (45.00 | ) | $ | 542,774.45 | ||||||||
10/31 | CHECK # 0000001190 | $ | (3,194.89 | ) | $ | 539,579.56 | ||||||||
Totals | $ | (263,687.90 | ) | $ | 3,711.10 |
(* Indicates a break in the check sequence) | CHECKS PAID IN NUMERIC ORDER |
Check No. | Date | Amount | Check No. | Date | Amount | Check No. | Date | Amount | ||||||||||||||||||||||||||
1136 | 10/12 | $ | 1,000.00 | 1169 | 10/10 | $ | 5,386.40 | 1186 | 10/30 | $ | 70.00 | |||||||||||||||||||||||
1153 | * | 10/02 | $ | 115.50 | 1170 | 10/09 | $ | 386.00 | 1187 | 10/30 | $ | 720.00 | ||||||||||||||||||||||
1154 | 10/03 | $ | 270.00 | 1171 | 10/05 | $ | 20,038.10 | 1188 | 10/29 | $ | 285.00 | |||||||||||||||||||||||
1155 | 10/02 | $ | 210.00 | 1172 | 10/15 | $ | 105.00 | 1189 | 10/25 | $ | 779.21 | |||||||||||||||||||||||
1156 | 10/04 | $ | 660.00 | 1173 | 10/26 | $ | 1,856.46 | 1190 | 10/31 | $ | 3,194.89 | |||||||||||||||||||||||
1157 | 10/03 | $ | 337.50 | 1174 | 10/10 | $ | 38,067.54 | 1192 | * | 10/26 | $ | 59.02 | ||||||||||||||||||||||
1158 | 10/10 | $ | 360.00 | 1175 | 10/17 | $ | 135.00 | 1193 | 10/26 | $ | 71.73 | |||||||||||||||||||||||
1159 | 10/09 | $ | 1,320.00 | 1176 | 10/17 | $ | 780.00 | 1194 | 10/29 | $ | 214.50 | |||||||||||||||||||||||
1160 | 10/10 | $ | 820.00 | 1177 | 10/16 | $ | 405.00 | 1195 | 10/29 | $ | 2,746.02 | |||||||||||||||||||||||
1161 | 10/10 | $ | 13.50 | 1178 | 10/17 | $ | 210.00 | 1196 | 10/26 | $ | 513.80 | |||||||||||||||||||||||
1162 | 10/09 | $ | 69.68 | 1179 | 10/22 | $ | 10,300.06 | 1197 | 10/26 | $ | 1,593.20 | |||||||||||||||||||||||
1163 | 10/09 | $ | 19.94 | 1180 | 10/22 | $ | 9,887.60 | 1198 | 10/30 | $ | 45.00 | |||||||||||||||||||||||
1164 | 10/10 | $ | 10.00 | 1181 | 10/23 | $ | 1,035.00 | 1199 | 10/30 | $ | 108.00 | |||||||||||||||||||||||
1165 | 10/09 | $ | 68,405.09 | 1182 | 10/22 | $ | 240.00 | 1200 | 10/29 | $ | 352.92 | |||||||||||||||||||||||
1166 | 10/09 | $ | 77,991.22 | 1183 | 10/29 | $ | 600.00 | 1201 | 10/29 | $ | 390.02 | |||||||||||||||||||||||
1167 | 10/09 | $ | 6,760.08 | 1184 | 10/25 | $ | 120.00 | 1203 | * | 10/29 | $ | 61.92 | ||||||||||||||||||||||
1168 | 10/09 | $ | 1.508.00 | 1185 | 10/29 | $ | 3,060.00 | |||||||||||||||||||||||||||
Total Checks Paid: | $ | 263,687.90 |
As of October 31, 2012, the funds for this account were on deposit in the following institutions as shown below: | ||||||||||
The Bank of New York Mellon | $ | 0.00 | Citi | $ | 249,500.00 | |||||
New York Community | $ | 81,413.91 | Union Bank | $ | 208,665.65 | |||||
Grand Total: | $ | 539,579.56 |
Page 3 of 28 |
ATTACHMENT 5F
CHECK REGISTER- CONTROL DISBURSEMENT ACCOUNT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
NAME OF BANK: | Bank of New York Mellon | BRANCH: | Pittsburgh, PA |
ACCOUNT NAME: | SMF Energy Corporation | ||
Checking | |||
Chapter 11 Case No. 12-19084-RBR | |||
ACCOUNT NUMBER: | 92006885170465 | ||
PURPOSE OF ACCOUNT: | Control Disbursement Account |
Account for all disbursements, including voids, lost checks, stop payments, etc. In the alternative, a computer generated check register can be attached to this report, provided all the information requested below is included.
Date | Check Number | Payee | Purpose | Amount | ||||||
10/3/2012 | 1158 | Christine Watters | Contract Labor | 360.00 | ||||||
10/3/2012 | 1159 | Tim Shaw | Contract Labor | 1,320.00 | ||||||
10/3/2012 | 1160 | Katherine Sutton | Contract Labor | 820.00 | ||||||
10/3/2012 | 1161 | Folio Investments Inc. | Filing fees | 13.50 | ||||||
10/3/2012 | 1162 | FedEx | Office | 69.68 | ||||||
10/3/2012 | 1163 | FedEx | Office | 19.94 | ||||||
10/3/2012 | 1164 | Katherine Sutton | Contract Labor | 10.00 | ||||||
10/3/2012 | 1165 | Kapila & Company | Professional fees | 68,405.09 | ||||||
10/3/2012 | 1166 | Genovese, Joblove & Battista, P.A. | Professional fees | 77,991.22 | ||||||
10/3/2012 | 1167 | Shutts & Bowen, LLP | Professional fees | 6,760.08 | ||||||
10/3/2012 | 1168 | De La Hoz & Associates, PA | Professional fees | 1,508.00 | ||||||
10/3/2012 | 1169 | Ehrenstein, Charbonneau, Calderin | Professional fees | 5,386.40 | ||||||
10/3/2012 | 1170 | Holland & Knight, LLP | Professional fees | 386.00 | ||||||
10/3/2012 | 1171 | Bast Amron LLP | Professional fees | 20,038.10 | ||||||
10/5/2012 | 1172 | Eula Reeves | Contract Labor | 105.00 | ||||||
10/5/2012 | 1173 | Peak 10 | IT | 1,856.46 | ||||||
10/5/2012 | 1174 | Ehrenstein, Charbonneau, Calderin | Professional fees | 38,067.54 | ||||||
10/10/2012 | 1175 | Eula Reeves | Contract Labor | 135.00 | ||||||
10/10/2012 | 1176 | Tim Shaw | Contract Labor | 780.00 | ||||||
10/10/2012 | 1177 | Christine Watters | Contract Labor | 405.00 | ||||||
10/10/2012 | 1178 | Katherine Sutton | Contract Labor | 210.00 | ||||||
10/15/2012 | 1179 | Andrews International, Inc. | Professional fees | 10,300.06 | ||||||
10/15/2012 | 1180 | Andrews International, Inc. | Professional fees | 9,887.60 | ||||||
10/18/2012 | 1181 | Christine Watters | Contract Labor | 1,035.00 | ||||||
10/18/2012 | 1182 | Katherine Sutton | Contract Labor | 240.00 | ||||||
10/18/2012 | 1183 | Tim Shaw | Contract Labor | 600.00 | ||||||
10/18/2012 | 1184 | Eula Reeves | Contract Labor | 120.00 | ||||||
10/23/2012 | 1185 | Tim Shaw | Contract Labor | 3,060.00 | ||||||
10/23/2012 | 1186 | Katherine Sutton | Contract Labor | 70.00 | ||||||
10/23/2012 | 1187 | Christine Watters | Contract Labor | 720.00 | ||||||
10/23/2012 | 1188 | Eula Reeves | Contract Labor | 285.00 | ||||||
10/23/2012 | 1189 | Alternative Legal Copy Service, Inc. | Copy Services | 779.21 | ||||||
10/23/2012 | 1190 | Andrews International, Inc. | Professional fees | 3,194.89 | ||||||
10/23/2012 | 1191 | American Stock & Transfer | Transfer agent fees | 1,038.00 | ||||||
10/23/2012 | 1192 | FedEx | Office | 59.02 | ||||||
10/23/2012 | 1193 | FedEx | Office | 71.73 | ||||||
10/23/2012 | 1194 | Google, Inc. | IT | 214.50 | ||||||
10/23/2012 | 1195 | Merrill Communications LLC | Professional fees | 2,746.02 | ||||||
10/23/2012 | 1196 | Level 3 Communications, LLC | Telephone | 513.80 | ||||||
10/23/2012 | 1197 | Public Storage | Rent | 1,593.20 | ||||||
10/23/2012 | 1198 | Public Storage | Rent | 45.00 | ||||||
10/23/2012 | 1199 | Public Storage | Rent | 108.00 | ||||||
10/23/2012 | 1200 | Space Plus Self Storage | Rent | 352.92 | ||||||
10/23/2012 | 1201 | Space Plus Self Storage | Rent | 390.02 | ||||||
10/23/2012 | 1202 | Performance Food Group, Inc. | AR Refund | 411.06 | ||||||
10/23/2012 | 1203 | National Information Solutions Cooperative | AR Refund | 61.92 | ||||||
10/23/2012 | 1204 | HBO2 Works LLC | AR Refund | 791.16 | ||||||
10/23/2012 | 1205 | U.S. Trustee | U.S. Trustee Quarterly Fees | 4,875.00 | ||||||
10/23/2012 | 1206 | U.S. Trustee | U.S. Trustee Quarterly Fees | 325.00 |
MOR-8 |
ATTACHMENT 5F
CHECK REGISTER- CONTROL DISBURSEMENT ACCOUNT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
NAME OF BANK: | Bank of New York Mellon | BRANCH: | Pittsburgh, PA |
ACCOUNT NAME: | SMF Energy Corporation | ||
Checking | |||
Chapter 11 Case No. 12-19084-RBR | |||
ACCOUNT NUMBER: | 92006885170465 | ||
PURPOSE OF ACCOUNT: | Control Disbursement Account |
Account for all disbursements, including voids, lost checks, stop payments, etc. In the alternative, a computer generated check register can be attached to this report, provided all the information requested below is included.
Date | Check Number | Payee | Purpose | Amount | ||||||||
10/25/2012 | 1207 | VAR Resources | Computer Storage Services | 765.23 | ||||||||
10/31/2012 | 1208 | Christine Watters | Contract Labor | 70.00 | ||||||||
10/31/2012 | 1209 | Eula Reeves | Contract Labor | 90.00 | ||||||||
10/31/2012 | 1210 | Tim Shaw | Contract Labor | 4,020.00 | ||||||||
10/31/2012 | 1211 | VAR Resources | Computer Storage Services | 765.23 | ||||||||
10/31/2012 | 1212 | ADP, Inc. | Miscellaneous Other Disbursements | 21.20 | ||||||||
TOTAL | $ | 274,266.78 |
MOR-8 |
ATTACHMENT 4G
INVESTMENTS ACCOUNTS AND PETTY CASH REPORT
INVESTMENT ACCOUNTS
Each savings and investment account, i.e. certificates of deposits, money market accounts, stocks and bonds, etc., should be listed separately. Attach copies of account statements.
Type of Negotiable |
Current | ||||||||||||||||
Instrument | Face Value | Purchase Price | Date of Purchase | Market Value | ||||||||||||
NONE | $ | - | $ | - | $ | - | ||||||||||
TOTAL | $ | - | (a) |
PETTY CASH REPORT
The following Petty Cash Drawers/Accounts are maintained:
(Column 2) | (Column 3) | (Column 4) | ||||||||||||||
Maximum Amount | Amount of Petty | Difference between | ||||||||||||||
Location of | of Cash in Drawer/ | Cash On Hand At | (Column 2) and | |||||||||||||
Box/Account | Acct. | End of Month | (Column 3) | |||||||||||||
None | ||||||||||||||||
TOTAL | $ | - | (b) |
For any Petty Cash Disbursement over $100 per transaction, attach copies of receipts. If there are no receipts, provide an explanation |
See attached |
TOTAL INVESTMENT ACCOUNTS AND PETTY CASH (a + b) | $ | - | (c) |
(c) The total of this line on Attachment 4A, 4B and 4C plus the total of 4D must equal the amount reported as "Ending Balance" on Schedule of Receipts and Disbursements (Page MOR-2, Line 7).
MOR-13 |
ATTACHMENT 6
MONTHLY TAX REPORT
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
TAXES OWED AND DUE
Report all unpaid post-petition taxes including Federal and State withholding FICA, State sales tax, property tax, unemployment tax, State workmen's compensation, etc.
Date | |||||||||||
Name of Taxing | Payment | Date Last Tax | |||||||||
Authority | Due | Description | Amount | Return Filed | Tax Return Period | ||||||
$ | - | ||||||||||
None | |||||||||||
TOTAL | $ | - |
MOR-14 |
ATTACHMENT 7
SUMMARY OF OFFICER OR OWNER COMPENSATION
SUMMARY OF PERSONNEL AND INSURANCE COVERAGES
Name of Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
Record all forms of compensation received by or paid on behalf of the Officer or Owner during the month. Include car allowances, payments to retirement plans, loan repayments, payments of Officer/Owner's personal expenses, insurance premium payments, etc. Do not include reimbursement of business expenses Officer or Owner incurred and for which detailed receipts are maintained in the accounting records.
Payment | ||||||||
Name of Officer or Owner | Title | Description | Amount Paid | |||||
NONE - All employees were terminated as of July 2012 | ||||||||
PERSONNEL REPORT |
Full Time | Part Time | |||
Number of employees at beginning of period | 0 | 0 | ||
Number hired during the period | 0 | 0 | ||
Number terminated or resigned during period | 0 | 0 | ||
Number of employees on payroll at end of period | 0 | 0 |
CONFIRMATION OF INSURANCE |
List all policies of insurance in effect, including but not limited to workers' compensation, liability, fire, theft, comprehensive, vehicle, health and life. For the first report, attach a copy of the declaration sheet for each type of insurance. For subsequent reports, attach a certificate of insurance for any policy in which a change occurs during the month (new carrier, increased policy limits, renewal, etc.).
Phone | Policy | Coverage | Expiration | Date Premium | ||||||
Agent and/or Carrier | Number | Number | Type | Date | Due | |||||
See attached | ||||||||||
The following lapse in insurance coverage occurred this month:
Policy | Date | Date | ||||
Type | Lapsed | Reinstated | Reason for Lapse | |||
None | ||||||
¨ Check here if U.S. Trustee has been listed as Certificate Holder for all insurance policies.
MOR-15 |
SMF ENERGY CORPORATION |
Case No. 12-19084-RBR (Jointly Administered) |
United States Bankruptcy Court |
Southern District of Florida |
Fort Lauderdale Division |
Insurance Policies/Certificates |
Provider | Insurer | Type | Policy # | Expiration | ||||
Chubb Group of Insurance | Federal Insurance Company | Fiduciary Liability | 8223-1483 | 12/11/2012 | ||||
Hudson Insurance Group | Federal Insurance Company | Excess/DIC D&O Liability | HN-0303-3207 | 12/11/2012 | ||||
Insurance Office of America | National Interstate Company | Commercial General Liab. & Auto -Pollution/Products & Contractual Labor | EFD4830315-00 | 10/1/2012 |
Kapila & Company
Page 1 of 1 |
ATTACHMENT 8
SIGNIFICANT DEVELOPMENTS DURING REPORTING PERIOD
Name of the Debtor: | SMF Energy Corporation | Case Number: | 12-19084-RBR |
Reporting Period beginning 10/1/2012 and ending 10/31/2012
Information to be provided on this page, includes, but is not limited to: (1) financial transactions that are not reported on this report, such as the sale of real estate (attach closing statement ); (2) non-financial transactions, such as the substitution of assets or collateral; (3) modifications to loan agreements; (4) change in senior management, etc. Attach any relevant documents. |
On May 25, 2012 SMF Energy Corporation (the “Company”) and its subsidiaries, H & W Petroleum Company, Inc., and SMF Services, Inc. (collectively, the “Debtors”), completed their previously announced sale of certain assets associated with the business of the Debtors in their various operating locations in the State of Texas and used in such operations as a going concern to Sun Coast Resources, Inc. (“Sun Coast”) pursuant to the asset purchase agreement dated April 27, 2012 (the “Sun Coast Purchase Agreement”). In addition, the Debtors sold inventory and trucks for a purchase price of $1,792,474 and $520,000, respectively, to Sun Coast. |
The Debtors also completed the sale of certain Vehicles Outside Texas (as defined in the Purchase Agreements) to On-Site Fuel Service, Inc., Reladyne LLC and Leader D.O.T. Services Inc. (together with Sun Coast, the “Purchasers”) pursuant to asset purchase agreements (together with the Sun Coast Purchase Agreements, the “Purchase Agreements”) with each individual Purchaser under the provisions of Section 363 of the U.S. Bankruptcy code (the “Bankruptcy Code”) and approved by the United States Bankruptcy Court for the Southern District of Florida (the “Bankruptcy Court”) on May 2, 2012 (the “Section 363 Sale”). The aggregate gross purchase price for the Section 363 Sale was $10,751,150. The Section 363 Sale was closed following the completion of an auction process supervised by the Bankruptcy Court in which the Purchasers emerged as the winning bidders. The Company used the proceeds of the Section 363 Sale to pay off its line of credit with Wells Fargo. |
On October 16, 2012 the Bankruptcy Court approved the Debtor's Disclosure Statement. |
MOR-16 |