FORM 12B-25
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SEC File No.: 333-28177
NOTIFICATION OF LATE FILING
[X ] Form 10-KSB [ ] Form 11-K [ ]Form 20-F
[ ] Form 10-QSB [ ] Form N-SAR
For Period Ended: December 31, 1998
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: N/A
PART I - REGISTRANT INFORMATION
Full Name of Registrant: Frank's Express, Inc.
Address of Principal Executive Office (Street and Number):
12146 East Amherst Circle
City, State and Zip Code: Aurora, Colorado 80014
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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).
[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 or semi-annual report/portion thereof
will be filed on or before the fifteenth calendar day following
the prescribed due date; or the subject quarterly report/portion
thereof will be files 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-KSB, 11-
K, 20-F, 10-QSB or N-SAR or portion thereof could not be filed within the
prescribed time period.
The auditors have only recently completed their audit procedures on
the Company. Because of delay in completing these audit procedures, the
Registrant does not have sufficient time to meet filing requirements for
Form 10-KSB and to complete the consolidated financial/accounting
requirements by the due date. See the Attached letter from the Company's
auditors.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
CHARLES BURTON (303) 750-7439
Name (Area Code) (Telephone Number)
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(2) Have all 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 not, identify
report(s).
[X] Yes [ ] No
(3) It is 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.
Frank's Express, Inc. has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
Date: March 25, 1999
Frank's Express, Inc.
By: ///SIGNED///
Charles Burton
President
<PAGE>
STATEMENT OF INDEPENDENT AUDITORS
We are unable to furnish the required independent auditors' report on the
financial statements of Frank's Express, Inc. as of and for the year ended
December 31, 1998, due to the fact that our audit procedures have not been
completed.
///Signed///
Janet Loss, CPA, P.C.
Denver, Colorado
March 25, 1999
