SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
Notification of Late Filing
Commission File Number: 0-9297
(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 June 30, 1998
[ ] 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: CRONUS CORPORATION
Former name if applicable:
Address of principal executive office: 7660 E. Broadway,
Suite 210
City, State and Zip Code: Tucson, Arizona 85710
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
[X] (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's independent accountant has been unable to timely
assist the Company and its auditors in preparing the
required financials for Form 10-QSB because of the time
demands on the independent accountant not related to the
Company. Due to the delay of the independent accountants,
the Company's financial information for the time period
covered by the Form 10-QSB report has not yet been
completed.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in
regard to this notification:
Kevin Sherlock (520) 885-1220
---------------------------------------------
(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?
[ ] 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.
Exhibits:
1. Letter from independent accountant.
CRONUS CORPROATION
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf
by the undersigned thereunto duly authorized.
Date: August 17, 1998 By /s/
-------------------------
James W. McCabe
President and Director
EXHIBIT 1
To the Board of Directors
Cronus Corporation
Our firm was unable to timely assist Cronus Corporation
in preparing the unaudited financials for Form 10-QSB for
the Company's quarter ended June 30, 1998 because of the
time demands on our firm unrelated to our work on behalf of
Cronus.
/s/ J. Dennis Bartlett, P.C.
Tucson, Arizona
August 13, 1998
