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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
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NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 0-22573 CUSIP NUMBER: 875079-10-5
(Check One)
Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [X ] Form 10-Q and
Form 10-QSB [ ] Form N-SAR
For Period Ended: June 30, 1998
[ ] 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
[ ] Money Market Fund Rule 30b3-1 Filing
_____________________________________________________________
For the Transition Period Ended:
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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: Tamboril Cigar Company
Former Name if Applicable
Address of Principal Executive Office: 2600 S.W. Third Ave.
Miami, FL 33129
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 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 filing made by a
money market fund pursuant to Rule 30b3-1, 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
The Company has been unable to compile certain financial materials from vendors
in the Dominican Republic which are necessary to complete its financial
statements for the quarter ended June 30, 1998.
Part IV--Other Information
(1) Name and telephone number of person to contact in regard to this
notification
Adam S. Gottbetter
Kaplan Gottbetter & Levenson, LLP
(212)983-0532
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(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:
Operations for the three and six-month periods ended June 30, 1998 were
materially negatively impacted by the Registrant's loss of its distribution
arrangement with Hubbard Imports ("Hubbard"). Hubbard accounted for virtually
all the Registrant's sales in the applicable periods from 1997 and no sales in
the 1998 periods. Net sales for the three and six-month periods ended June 30
were $5,796 and $249,815, respectively, down from $1,750,989 and $2,538,988 in
the three and six-month periods ended June 30, 1997. Net loss for the three and
six-month periods ended June 30, 1998 were $785,248 and $1,665,203,
respectively. In the three and six-month periods ended June 30, 1997 the
Registrant had net income of $473,003 and $212,659, respectively.
TAMBORIL CIGAR COMPANY
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: August 14, 1998
By: _______________________________
Pedro J. Mirones, Vice President
