SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
Notification of Late Filing
Commission File Number: 000-08835
(Check one)
| | Form 10-K and Form 10-KSB
| | Form 11-K
| | Form 20-F
|X| Form 10-Q and Form 10-QSB
| | Form N-SAR
For the period ended December 31, 1997
| | Transition Report on Form 10-K and Form 10-KSB
| | Transition Report on Form 20-F
| | Transition Report on Form 11-K
| | Transition Report on Form 10-Q and Form 10-QSB
| | 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 notification relates:
__________________________________
PART I
REGISTRANT INFORMATION
Full name of registrant: Taurus Entertainment Companies, Inc.
Former name if applicable: Taurus Petroleum, Inc.
Address of principal
executive office: 2106 Main Street, Suite 109
City, State and Zip Code: Houston, Texas 77002
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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 appropriate box.)
|X| (a) The reasons described in 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 of Forms 10-K, 10- KSB, 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, 10-QSB, 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.
PART III
NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could
not be filed within the prescribed time period. (Attach extra sheets if needed.)
The Registrant's quarterly report on Form 10-QSB could not be filed
within the prescribed time period because the Company has not been able to
complete the unaudited financial statements required to be included in the Form
10-QSB in order for the Form 10-QSB to be filed in a timely manner. The Company
has made several acqusitions of businesses and assets during the period to be
reported which have increased the time and effort demands on the Company's
management. The acquisitions have been reported in a Current Report on Form 8-K
dated December 31, 1997 and filed on January 15, 1998.
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PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Eric Langan (713) 650-0161
(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?
|X| YES | | 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.
Explanation for Form 12b-25 Part IV Item (3): The Company anticipates
that its results of operations for the quarter ended December 31, 1997 will
reflect revenue from operations. The revenue from operations reflects the
Company's revenues related to the businesses and assets acquired during the
quarter to be reported. The results cannot be reasonably estimated because the
Company has not been able to complete the unaudited financial statements
required to be included in the Form 10-QSB, and therefore the Company at this
time has no reasonable basis for making an estimate of the results.
Exhibits
None.
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Taurus Entertainment Companies, Inc.
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(Name of Registrant as Specified in Charter
Has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date February 17, 1998 By /s/ Eric Langan
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Eric Langan
Chairman of the Board, President,
and Chief Accounting Officer
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