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UNITED STATES SEC File Number
SECURITIES AND EXCHANGE COMMISSION 1-22563
Washington, D.C. 20549 -------
Cusip Number
FORM 12b-25 7045T101
7045T200
7045T119
NOTIFICATION OF LATE FILING
(Check One) [ ]Form 10-K [ ]Form 20-F [ ]Form 11-K [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 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:
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READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE
Nothing in the 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
PC411, Inc.
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Full Name of Registrant
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Former Name if Applicable
9800 LaCienega Blvd.
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Address of Principal Executive Office (STREET AND NUMBER)
Inglewood, CA 90301
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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 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, Form 20-F, 11-K, 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, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)
The registrant could not obtain all the required information necessary to
complete the quarterly report on Form 10-Q.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
J. Bryant Kirkland III 305 579-8000
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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 [ ] 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:
For the three months ended March 31, 1998, PC411, Inc. anticipates
reporting revenues of $48,469 and a net loss applicable to common
shares of $507,123 compared to revenues of $41,550 and a net loss
applicable to common shares of $305,461 for the same period in 1997.
The increase in anticipated net loss of $201,662 is due to the
anticipated increase in expenses of $429,676, partially offset by an
anticipated increase in net interest income of $116,045 and an
anticipated decrease in dividends on preferred shares of $104,250.
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PC411, Inc.
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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 5/18/98 By /s/ J. Bryant Kirkland III
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J. Bryant Kirkland III
Vice President,
Chief Financial Officer and Treasurer
