PHLO CORP
NT 10-Q, 2000-11-15
MALT BEVERAGES
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                                    PHLO CORP

                     Filing Type:  NT 10-Q
                     Description:  Notification of Late Filing
                     Filing Date:  Nov 14, 2000
                     Period End:   Sept 30, 2000

                Primary Exchange:  Over the Counter Includes OTC
                                   and OTCBB
                          Ticker:  PHLC

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                                Table of Contents

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             To jump to a section, double-click on the section name.

                                NT 10-Q OTHERDOC

PART I.......................................................................1
PART II......................................................................1
PART III.....................................................................2
PART IV......................................................................2


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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   Form 12b-25

                                                  Commission File Number 0-21079

                           NOTIFICATION OF LATE FILING

     (Check  one):  |_| Form  10-K |_| Form 11-K |_| Form 20-F |X| Form 10-Q |_|
Form N-SAR

     For Period Ended: Sept 30, 2000

|_| Transition Report on Form 10-K           |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F           |_| Transition Report on Form N-SAR
|_| Transition Report on Form 11-K

     For the Transition Period Ended: __________________________________________

     Read attached  instruction  sheet before  preparing  form.  Please print or
type.

     Nothing in this form shall be  construed to imply that the  Commission  has
verified any information contained herein.

     If the  notification  relates  to a portion of the  filing  checked  above,
identify the item(s) to which the notification relates:
                                                        ----------------------
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                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant    PHLO CORPORATION

Former name if applicable
Perry's Majestic Beer, Inc.
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Address of principal executive office (Street and number)
475 Park Avenue South, 7th Floor
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City, state and zip code    New York, NY 10016


                                     PART II
                             RULE 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.)

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     (a)  The reasons described in reasonable detail in Part III of this form
          could not be eliminated without unreasonable effort or expense;

[X]  (b)  The subject annual report, semi-annual report, transition report on
          Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed
          on or before the 15th calendar day following the prescribed due date;
          or the subject quarterly report or transition report on Form 10-Q, 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 Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report thereof could not be filed within the
prescribed time period. (Attach extra sheets if needed.)

     The Registrant is a small company, with less than 10 employees. In
connection with preparing and filing its Form 10-QSB, there is a greater
relative need to involve outside accounting assistance and to coordinate such
with the efforts of the Registrant's outside independent accounting firm which
conducts a review of the Form 10-QSB. In the case of the Form 10-QSB for the
second quarter ended September 30, 2000, this additional time was extended as
the Registrant has been converting to a new accounting system, resulting in the
Registrant's inability to prepare and file the Form 10-QSB by its prescribed due
date without unreasonable effort and expense.


                                     PART IV
                                OTHER INFORMATION

     (1) Name and telephone number of person to contact in regard to this
notification

     Anne P. Hovis, Esquire                        212-447-1322
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             (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 the answer is no,
identify report(s).
                                                                  |x| Yes

     (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?
                                                                  |_| Yes |X| 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.

                                Phlo Corporation
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                  (Name of Registrant as Specified in Charter)

Has  cause  this  notification  to be signed  on its  behalf by the  undersigned
thereunto duly authorized.

<PAGE>

Date Nov 14, 2000                  By   /s/ James B. Hovis
                                        ----------------------------------------
                                        James B. Hovis
                                        President and Chief Executive Officer

     Instruction. The form may be signed by an executive officer of the
     registrant or by any other duly authorized representative. The name and
     title of the person signing the form shall be typed or printed beneath the
     signature. If the statement is signed on behalf of the registrant by an
     authorized representative (other than an executive officer), evidence of
     the representative's authority to sign on behalf of the registrant shall be
     filed with the form.

                                    ATTENTION

     Intentional misstatements or omissions of fact constitute Federal criminal
violations (see 18 U.S.C. 1001).




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