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Sapphire Industrials Corp.
30 Rockefeller Plaza
62nd Floor
Phone: (212) 632-6000p:212 632-6000 New York, NY  10020  United States Ticker: FYR FYR
This company ceased filing statements with the SEC on 1/27/2010.
Sapphire Industrials Corp. announced that its Board of Directors has approved a plan of liquidation for the Company. NYSE Amex has halted trading of Sapphire's warrants, and has suspended trading of the Company's units, shares of common stock and warrants as of the close of business on January 19, 2010. In addition, as of the close of business on January 19, 2010, the Company's share transfer books closed. The Company liquidated the amounts held in its trust account, which consisted of proceeds from its initial public offering, together with the deferred portion of the underwriter's discount and commission and interest (net of applicable taxes and amounts withdrawn from the trust account to cover working capital expenses). Liquidating distributions were made to record holders of shares of common stock on January 19, 2010.
This company is no longer actively traded on any major stock exchange.
Business Summary
Sapphire Industrials Corp. is a blank check company. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses. The Company is not engaged in, and it will not engage in, any commercial business until consummation of its initial business combination. During the fiscal year ended October 31, 2008 (fiscal 2008), the Company did not have any operating business. It intends to seek to acquire assets or shares of an entity, actively engaged in business which generates revenues.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/200912/31/2008YesYes---

Industries
SIC Code Description
6726 Unit investment trusts, face-amount certificate offices

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer Donald G.Drapkin 60 10/1/2007 10/1/2007
Chief Financial Officer, Secretary, Director Douglas C.Taylor 44 1/1/2008 10/1/2007
Director Charles G.Ward 56 10/1/2007 10/1/2007
4 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 100,000,000 (As of 10/29/2009)
Shareholders: 10
Stock Exchange: AMEX
Federal Tax Id: 261159283


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