SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number
333-59525-01
NOTIFICATION OF LATE FILING
(Check One):[ X ] Form 10-K [ ]Form 11-K [ ]Form 20-F
[ ] Form 10-Q [ ]Form N-SAR
For Period Ended: June 30, 1998
[ ]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:
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:
Part I. Registrant Information
Full name of registrant: PlayStar Wyoming Holding Corp.
Former name if applicable: PlayStar Corporation
Address of principal executive office (Street and number):
60 Nevis Street, 2nd Floor
City, State and Zip Code:
St. John's, Antigua West Indies
Part II. Rule 12b-25 (b) and (c)
If the subject report could not be filed without reasonable 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, 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.)
Registrant's Form 10-K for the fiscal year ended June 30, 1998 could
not be filed on a timely basis because the audit of the Company's
financial statements has not been completed as a result of extensive
corporate changes resulting from the reincorporation of PlayStar
Corporation, the Registrant's predecessor, as the Registrant. In
connection with the reorganization of the Company, the Company devoted its
resources and efforts to completion of the reincorporation and related
registration statement. Accordingly, the Registrant's books for the fiscal
year end could not be closed without unreasonable effect or expense.
Part IV. Other Information
(1) Name and telephone number of person to contact in regard to this
notification
William F.E. Tucker (268) 562-0073
(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.
PlayStar Wyoming Holding Corp.
(Name of registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: September 29, 1998 By /s/William F.E. Tucker
-------------------- -----------------------
Name: William F.E. Tucker
Title: Chairman and Chief Executive
Officer
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PART IV - OTHER INFORMATION
(Attachment)
It is anticipated that a significant decrease in results of operations from
the corresponding period last year will be reflected by the earnings statement
to be included in the subject report. The Company is a start-up company and has
not commenced operations as of yet. Therefore, the Company has incurred all
start-up costs and expenses and earned no income. The Company anticipates that
it will incur a net loss for the fiscal year ended June 30, 1998; however, the
amount cannot be determined at this time since the Company's accounting books
have not been closed.
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