U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER
0-8149
CUSIP NUMBER
844797 10 1
(Check One)
[X ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: December 31, 1995
[ ] 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.
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:_________________________
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Part I --- Registrant Information
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Full Name of Registrant SOUTHWEST CAPITAL CORPORATION
Former Name if Applicable N/A
Address of Principal Executive Office (Street and Number)
1650 University Blvd., N.E., Suite 100, Albuquerque, New Mexico 87102
City, State and Zip Code
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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)
[ ] (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 on Form-K, 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
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
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State below in reasonable detail the reasons why the Form 10-K and Form 10-KSB,
11-K, 20-F , 10-Q and Form 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)
Because of an unanticipated change in the Registrant's principal accountant,
there was a delay in securing the services of a new accountant to prepare the
audited financial statements to be included in the Registrant's Form 10-KSB for
the year ended December 31, 1995. The Registrant has retained the services of
Grant Thornton to conduct the audit of its records for the year ended December
31, 1995, and expects that the audit will be finalized and the Form 10-KSB filed
within the 15 day period of the extent.
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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.
Thad H. Turk 505 242-4590
(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 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 can not be made.
SOUTHWEST CAPITAL CORPORATION
Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Laurence Zipkin
Date: March 29, 1995 By ___________________________________
Laurence Zipkin, President
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 representatives 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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