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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number: 0-23859
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NOTIFICATION OF LATE FILING OF FORM 10-KSB
For Period Ended: December 31, 1998
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PART I
REGISTRANT INFORMATION
Full name of registrant: Fortune Entertainment Corporation
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Former name if applicable: N/A
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Address of principal executive office (Street and number)
Fortune Entertainment Corporation, 2700 East Sunset Road, Suite 39
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City, state and zip code: Las Vegas, Nevada 89120
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PART II
RULE 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, 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
Registrant became a reporting company by filing a Form 10-SB on October 30,
1998, which became effective on December 30, 1998. By a letter dated December
30, 1998 the Staff provided a number of comments on the Form 10-SB. The
Registrant requires additional time to reflect the Staff's comments which
affect the required disclosure under Form 10-KSB. The Registrant is therefore
filing this Form 12b-25 to obtain the 15 calendar day filing extension for the
Form 10-KSB.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Bruce Horton 702 895-7812
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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?
|_|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.
Fortune Entertainment Corporation
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 31, 1999 By:
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Bruce Horton
Chief Financial Officer