UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 12b-25
NOTIFICATION OF LATE FILING SEC. FILE NUMBER
000-26751
CUSIP NUMBER
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
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For Period Ended: March 31, 2000
[ ] 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
For the Transition Period Ended:
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
Cypost Corporation
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Full Name of Registrant
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Former Name if Applicable
Suite 900 - 1281 West Georgia Street
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Address of Principal Executive Office (Street and Number)
Vancouver, B.C. V6E 3H7
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City, State and Zip Code
PART 11 - 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, semi-annual report, transition report on
Form 10-K, Form 10-KSB, 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
of 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
[X] (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
<PAGE>
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K and 10-KSB, 20-F,
11-K, 10-Q, N-SAR, or the transition report on portion thereof, could not be
filed within the prescribed time period.
The Registrant is unable to file, without unreasonable effort and expense, its
Form 10-QSB because the review of its interim financial statements for the
fiscal period ending March 31, 2000 have not been completed. The Registrant has
been advised by its independent accountants as follows:
Attached hereto is a letter from Arthur Andersen, the Registrant's independent
accountant, confirming the above advice. It is expected that the Registrant
will be able to file its Form 10-QSB for the fiscal period ended March 31, 2000,
within the time frame allowed in the Notification of Late Filing on Form 12b-25.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Carl Whitehead 604 (604) 904-4422
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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 answer is no,
identify report(s). Yes [X] No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the fiscal year will be reflected by the earnings
statements to be included in the subject report or portion thereof?
Yes No [X]
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
CYPOST CORPORATION
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date May 15, 2000 By /s/ Bob Sendoh
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Bob Sendoh, Chairman
INSTRUCTION: The form may be signed by an executive officer of the registrant
or by any other duly authorized representative. The name and title of the
person signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
<PAGE>
ACCOUNTANTS' STATEMENT
We are the independent auditors' of CyPost Corporation (the "Company"). The
Company is unable to file its March 31, 2000 quarterly report on Form 10-QSB
without unreasonable effort and expense within the prescribed due date and seeks
relief pursuant to Rule 12b-25(b) for the following reasons.
The Company's Form 10-SB has been filed and reviewed by the Securities and
Exchange Commission ("SEC") and various comments were raised by the SEC in
respect of that document. Similarly, the Company's December 31, 1999 Form
10-KSB has been reviewed by the SEC and various comments were also raised by the
SEC on that document. Until the Company has satisfactorily addressed each of
the points raised by the SEC, we are unable to complete the required review on
the Company's March 31, 2000 interim financial statements which will be included
in the Company's March 31, 2000 quarterly report on Form 10-QSB.
/s/ Arthur Anderson
Vancouver, British Columbia
May 12, 2000
