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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
000-24623
CUSIP NUMBER
6444 6R108
(Check One:):
[ ] FORM 10-K and FORM 10-KSB
[ ] FORM 11-K
[ ] FORM 20-F
[X] FORM 10-Q and FORM 10-QSB
[ ] FORM N-SAR
For Period Ended: June 30, 2000
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Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
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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
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Full Name of Registrant
Former Name if Applicable
NEW GENERATION HOLDINGS, INC. (formerly New Generation Plastic, Inc.)
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245 PARK AVENUE, 39TH FLOOR
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Address of Principal Executive Office (street and number)
NEW YORK, NY 10167
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City, State and Zip Code
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Part II - Rules 12b-25 (b) and (c)
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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)
(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 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.
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Part III - Narrative
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State below in reasonable detail the reasons why the Form 10-K and Form
10-KSB, 11-K, 20-F, 10-Q and Form 10-QSB, N-SAR, or the transition report or
portion thereof could not be filed within the prescribed time period.
The registrant has recently hired a new chief financial officer, and as
such, the quarterly financial statements have not been fully prepared.
As a result, the registrant and its independent accountants have not
completed their review of the filing.
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification
Thomas R. Marshall 516-671-2716
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(Name) (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 shorted 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 can not be made.
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New Generation Holdings, Inc. has caused this notification to be
signed on its behalf by the undersigned thereunto duly authorized.
NEW GENERATION HOLDINGS, INC.
Date: August 14, 2000 By: /s/ Tom Marshall
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Tom Marshall
Executive Vice President
