UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING.
(Check One):
[ ] Form 10-K and Form 10-KSB [X] Form 20-F [ ] Form 11-K
[ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For period ended: December 31, 1999
[ ] 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
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: Leon Tours Limited
Former name if applicable
Address of Principal Executive Saffrey Square, Bay Street & Bank Lane
Office (Street and Number) Suite 104A, Box N-3927
City, State and Zip Code: Nassau, Bahamas
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 12b25(b), the following should
be completed (Check box if appropriate)
[ ] (a) The reasons described in reasonable detail in Part II 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, Form 20-F, Form 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.
State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period.
Karsh & Company, P.C., the principal independent accountants of Leon Tours
Limited (the "Company") resigned because of a decision made by management of
Karsh & Company to cease the engagement of clients which involve services or
representation under the Securities Act of 1933, as amended, and the Securities
Exchange Act of 1934, as amended. Therefore, management of the Company needed to
locate a new principal independent accountant for the Company. The Company
recently engaged the services of Jones, Jensen & Co. of Salt Lake City, Utah. A
Form 6-K has been filed by the Company.
Due to the timing by the Company of the engagement of Jones, Jensen & Co. as
principal independent accountants and the excessive prior commitments by Jones,
Jensen & Co. to its other clients, the audited financial statements for the
Company have not been completed.
PART IV - OTHER INFORMATION.
(1) Name and telephone number of person to contact in regard to this
notification:
Diane D. Dalmy
303-985-9324
(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.
Leon Tours Limited
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(Name of registrant as specified in its charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 30, 2000 By: /s/ Luther Jeffries
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Luther Jeffries
