Mr. Jordan Kupinsky reports

STANDARD MERCANTILE ACQUISITION CORP. ANNOUNCES RESIGNATION OF DIRECTOR

Standard Mercantile Acquisition Corp. has accepted the resignation of Bradley Nathan from the company's board of directors. As a result of the progress in completing the windup activities for the company, Mr. Nathan has determined that it is an appropriate time to resign to focus on his other business interests. Management and the board thank him for his more than two years of service.

We seek Safe Harbor.