UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(CHECK ONE): [ ]Form 10-KSB [ ]Form 20-F [ ]Form 11-K [X]Form 10-QSB [ ]Form
N-SAR
For Period Ended: March 31, 1997
-----------------
/ / Transition Report on Form 10-K
/ / Transition Report on Form 20-F
/ / Transition Report on Form 11-K
/ / Transition Report on Form 10-Q
/ / Transition Report on Form N-SAR
For the Transition Period Ended:
-----------------------
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
- -------------------------------------------------------------------------------
PART I -- REGISTRANT INFORMATION
Jungle Street, Inc.
- -------------------------------------------------------------------------------
(Full Name of Registrant)
N/A
- -------------------------------------------------------------------------------
(Former Name if Applicable)
215 Yakima St.
- -------------------------------------------------------------------------------
(Address of Principal Executive Office (Street and Number))
Wenatchee, Washington 98801
- -------------------------------------------------------------------------------
(City, State and Zip Code)
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
<PAGE>
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
(b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof,
[X] will be filed on or before the fifteenth calendar day following
the prescribed due date; or the subject quarterly report of
transition report on Form 10-QSB, or portion thereof will be filed
on or before the fifth calendar day following the prescribed due
date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K,
10-QSB, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
A delay in the filing of the registrant's quarterly report on Form 10-QSB
for the quarterly period ended March 31, 1997 will result from the
cumulative effect of (i) the engagement, in mid-March 1997, of a new
Chief Financial Officer and (ii) technical difficulties with the
registrant's computerized billing system, which difficulties have delayed
the processing of certain transactions that must be processed prior to
the preparation of the registrant's quarterly report.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Casey F. Seremek (CFO) (425) 303-1319
---------------------------------- ----------------- ----------------------
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period
that the registrant was required to file such report(s) been filed? If
answer is no, identify report(s). [X] Yes [ ] No
---------------------------------------------------------------------------
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected
by the earnings statements to be included in the subject report or
portion thereof? [X] Yes [ ] No
If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
During the quarterly period ended March 31, 1996, the Company had no
operations other than seeking potential acquisition candidates. On
August 30, 1996, the Company executed a merger agreement pursuant to
which a wholly-owned subsidiary of the Company was merged with Televar
Northwest, Inc. ("Televar"), and the combined entity has thereafter
operated as a subsidiary of the Registrant. Consequently, the results of
operations of the registrant for the quarterly period ended March 31,
1997 will be materially different than the results of operations reported
for the same period in the last fiscal year. The Company does not,
however, expect such results to differ significantly from the results
from the same quarterly period of Televar during the same three-month
period of 1996.
Jungle Street, Inc.
---------------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date 5/14/97 By /s/ Casey F. Seremek
------------------- ----------------------------
Casey F. Seremek,
Chief Financial Officer
____________________________________ATTENTION__________________________________
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).
_______________________________________________________________________________
