INTERNATIONAL CAVITATION TECHNOLOGIES INC
NT 10-Q, 2000-10-16
GOLD AND SILVER ORES
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                                                                 SEC FILE NUMBER

                                                                    CUSIP NUMBER



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

(Check One):  [ ]Form 10-K   [ ]Form 20-F   [ ]Form 11-K
              [X]Form 10-Q or Form 10-QSB   [ ]Form N-SAR

For Period  Ended:  08-31-00
[ ]  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: __________________________
Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commissions 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:

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PART 1--REGISTRANT INFORMATION (Official Text)


International Cavitation Technologies, Inc.
---------------------------------------------
Full Name of Registrant:


Yellow Gold of Cripple Creek, Inc.
------------------------------------
Former Name if Applicable


12407 South Memorial Drive
-----------------------------
Address of Principal Executive Office (Street and Number)


Bixby, OK 74008-2505
-----------------------
City, State and Zip Code


PART II--Rules 12b-25(b) AND (c) (Official Text)
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,  transition report
          on Form 10-K, Form 20-F, 11-K, 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

     (c)  The accountant's statement or other exhibit required by Rule 12b-25(c)
          has been attached if applicable.  PART III--NARRATIVE  (Official Text)
          State below in reasonable  detail the reasons why the Form 10-K, 11-K,
          10-Q, N-SAR, or the transition report or portion thereof, could not be
          filed  within the  prescribed  time  period.  (Attach  Extra Sheets if
          Needed)

PART III--narrative(official Text)
State below in  reasonable  detail the reasons  why the Form 10-K,  11-K,  10-Q,
N-SAR, or the transition  report or portion  thereof,  could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)

The company's independent auditors  were delayed in starting their review of the
--------------------------------------------------------------------------------
quarterly financial information.
--------------------------------------------------------------------------------

<PAGE>


PART IV--OTHER INFORMATION (Official Text)
(1) Name  and  telephone   number  of  person  to  contact  in  regard  to  this
    notification.


     David N. Shroff                    (918)                     369-5950
   ------------------                  -------                  -------------
         (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). [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  statement 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.

--------------------------------------------------------------------------------

                  International Cavitation Technologies, Inc.
                  -------------------------------------------
                  (Name of Registrant as Specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.

Date: 10/16/00                                    By:  /s/ David N. Shroff
     --------------                                    -----------------------
                                                       Chairman and
                                                       Chief Executive Officer


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