SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 333-29093
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: March 31, 1998
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/_/ 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:
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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) which the notification relates:
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PART I
REGISTRANT INFORMATION
Full name of registrant: Galveston's Steakhouse Corp.
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Former name if applicable N/A
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Address of principal executive
office (Street and number): 151 East Alessandro Boulevard
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City, state and zip code: Riverside, California 92508
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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.)
/_/ (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.
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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 portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
The Registrant became subject to the reporting requirements of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), on February
17, 1998 (the "Effective Date"), upon the simultaneous effectiveness of its
Registration Statement on Form SB-2 under the Securities Act of 1933, as
amended, covering the initial public offering of its common stock, and its
Registration Statement on Form 8-A under the Exchange Act. Inasmuch as the
Effective Date occurred substantially after the close of the Registrant's
fiscal year on December 31, 1997 and the Registrant received proceeds of its
initial public offering only on March 4, 1998, the Registrant had insufficient
personnel and financial resources to prepare and file both its initial Special
Report on Form 10-KSB containing its audited financial statements for the year
ended December 31, 1997 and its Quarterly Report on Form 10-QSB for the
prescribed period ending March 31, 1998, without both unreasonable effort and
expense.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Hiram Woo (909) 789-0211
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 12 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. /_/ 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? /_/ 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.
GALVESTON'S STEAKHOUSE CORP.
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: May 15, 1998 By: Hiram Woo, President
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