Laureate Resources & Steel Industries Inc.

245 Park Avenue, 24^th Floor

New York, NY 10167

Via Edgar Private Correspondence Filing

July 30, 2008

U.S. Securities & Exchange Commission

Division of Corporation Finance

100 F Street, N.E., Mail Stop 7010

Washington, D.C. 20549

Re: Laureate Resources & Steel Industries Inc. (the “Company”)

(formerly known as Kingston Mines Ltd.)

Form 8-K

Filed July 11, 2008

File No. 0-52781

Letter from U.S. Securities and Exchange Commission dated July 21, 2008

Dear Mr. White:

We are writing to you in response to your letter dated July 21, 2008 regarding the Current Report on Form 8-K that the Company filed on July 11, 2008 (the “Form 8-K”). The Company wishes to clarify our private correspondence filed with the Commission on July 29, 2008. The Company intends to file an amended and restated Report on Form 10-QSB for the period ended February 29, 2008 no later than ten (10) business days from July 30, 2008. The Company will not file an amended and restated Report on Form 10-QSB for the period ended May 31, 2008, since no corrections are required on that document.

Please do not hesitate to contact the undersigned or our counsel if you have any questions or comments in regard to this letter or the information contained herein. Thank you very much.

Sincerely yours,

/s/ Gerald Sullivan

Gerald Sullivan

Interim President and CFO

cc: Travis L. Gering, Esq.

Wuersch & Gering LLP

100 Wall Street - 21^st Floor, New York, NY 10005

Direct Dial: (212) 509-4723

Fax: (610) 819-9104