U. S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 25049
FORM 12b-25
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SEC FILE NUMBER
0-08507
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NOTIFICATION OF LATE FILING
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CUSIP NUMBER
11130Q 10 2
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(Check One):
X Form 10-KSB __ Form 20-F __ Form 11-K __ Form 10-Q __ 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: ___________________________
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Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.
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Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
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If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates: N/A
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Part I--Registrant Information
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Full name of Registrant: BroadBand Wireless International Corporation
Former Name if Applicable: Black Giant Oil Company
Address of Principal Executive Office (Street and Number): 1301 Avenue M
City, State and Zip Code: Cisco, Texas 76437
<PAGE>
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Part II--Rules 12b-25(b) and (c)
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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 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
X (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
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State below in reasonable detail the reasons why Forms 10-K, 10-KSB,
20-F, 11-K, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof
could not be filed within the prescribed time period. (Attach Extra Sheets if
Needed.)
On June 24, 2000, the Registrant's auditor, Jackson & Rhodes, P.C.,
resigned as the Registrant's auditor. On June 28, 2000, the Registrant
engaged the independent accounting firm of Clyde Bailey, P.C. as the
Registrant's new auditor. The resignation of Jackson & Rhodes, P.C. has
delayed the finalization of the outside audit by Clyde Bailey, P.C.
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Part IV--Other Information
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(1) Name and telephone number of person to contact in regard to
this notification.
Ivan W. Webb (254) 442-3968
(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
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<PAGE>
(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
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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.
BroadBand Wireless International 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: June 29, 2000 By: /s/ Ivan W. Webb
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Ivan W. Webb
President and Chief
Executive Officer
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.
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ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (see 18 U.S.C. 1001).
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GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240, 12b-25) of
the General Rules and Regulations under the Securities
Exchange Act of 1934.
2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the
Securities and Exchange Commission, Washington, DC 20549, in
accordance with Rule 0-3 of the General Rules and Regulations
under the Act. The information contained in or filed with the
form will be made a matter of the public record in the
Commission files.
3. A manually signed copy of the form and amendments thereto
shall be filed with each national securities exchange on which
any class of securities of the registrant is registered.
4. Amendments to the notifications must also be filed on Form
12b-25 but need not restate information that has been
correctly furnished. The form shall be clearly identified as
an amended notification.
5. Electronic Filers. This form shall not be used by electronic
filers unable to timely file a report solely due to electronic
difficulties. Filers unable to submit a report within the time
period prescribed due to difficulties in electronic filing
should comply with either Rule 201 or Rule 202 of Regulation
S-T or apply for an adjustment in filing date pursuant to Rule
13(b) of Regulation S-T.
<PAGE>
Exhibit 99.1
Exhibit to Form 12b-25
(Clyde Bailey, P.C., Letterhead)
June 29, 2000
Mr. Ivan W. Webb
BroadBand Wireless International Corporation
1301 Avenue M
Cisco, Texas 76437
Dear Mr. Webb:
You have furnished us with a copy of your "Notification of Late Filing" on Form
12b-25 dated June 29, 2000.
We are in agreement with the comments under Part III of the Form with respect to
the reasons why we are unable to furnish our report on the financial statements
of BroadBand Wireless International, Inc. for inclusion in the Form 10-KSB for
the year ended March 31, 2000.
Yours very truly,
/S/ CLYDE BAILEY, P.C.
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