U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
COMMISSION FILE NUMBER 0-22365
CUSIP NUMBER 037613106
APOLLO INTERNATIONAL OF DELAWARE, INC.
NOTIFICATION OF LATE FILING
(Check One):
[X] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[ ] Form 10-Q and Form 10-QSB [ ] Form 11-K [ ] Form 20-F
For Period Ended: December 31, 1997
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:
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
PART I - REGISTRANT INFORMATION
Full Name of Registrant: APOLLO INTERNATIONAL OF DELAWARE, INC.
-----------------------------------------------------
Former Name if Applicable:____________________________________________________
Address of Principal Executive Office Street Number):
6542 N. U.S. HWY. 41,SUITE 215
-------------------------------
City, State and Zip Code: APOLLO BEACH, FLORIDA 33572
----------------------------------------------------
<PAGE>
- ------------------------------------------------------------------------------
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 appropriate box.)
[X] (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, 10-KSB, Form 20-F, 11-K or Form N-SAR or
portion thereof will be filed on or before the fifteenth
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 the Form 10-K and Form 10-KSB,
11-K, 20-F, Form 10-Q and Form 10-QSB, N-SAR or transition report or portion
thereof could not be filed within the prescribed time period.
The Company's Annual Report on Form 10-KSB for the fiscal year ended December
31, 1997 cannot be filed within the prescribed time period because the Company
is experiencing delays in the collection of certain information required to be
included in the Form 10-KSB. The Form 10-KSB will be filed as soon as reasonably
practicable and in no event later than the fifteenth calendar day following the
prescribed due date.
2
<PAGE>
- --------------------------------------------------------------------------------
PART IV- OTHER INFORMATION
- --------------------------------------------------------------------------------
(1) Name and telephone number of person to contact in regard to this
notification:
STUART M. FRANK (813) 645-7677
-----------------------------------------------------------------------
(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 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 [ ] 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.
Apollo International of Delaware, Inc.'s Net Loss for the fiscal year
ended December 31, 1997 is anticipated to be approximately $3,040,145
versus a net loss of $1,565,704 for the fiscal year ended December 31,
1996.
APOLLO INTERNATIONAL OF DELAWARE, INC.
-----------------------------------------------------------------
Name of Registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 27, 1998 By: /s/ STUART FRANK
----------------
Name: Stuart M. Frank
Title: Chief Financial Officer
3
