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SEC File Number: 0-9539
CUSIP Number: 812207 20 7
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
[X] Form 10-K [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q [ ] Form N-SAR
For Period Ended: September 30, 1995
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[ ] 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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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
SEARCH CAPITAL GROUP, INC.
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FULL NAME OF REGISTRANT
N/A
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FORMER NAME IF APPLICABLE
700 NORTH PEARL - SUITE 400 / NORTH TOWER, LOCK BOX 401
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ADDRESS OF PRINCIPAL EXECUTIVE OFFICE (STREET AND NUMBER)
DALLAS, TEXAS 75201
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CITY, STATE AND ZIP CODE
PART II - RULES 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 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, Form 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 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
State below in reasonable detail the reasons why Forms 10-K, 11-K, 20-F, 10-Q
or N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Registrant has been working diligently in attempting to meet the prescribed
due date of December 29, 1995 for filing its Annual Report on Form 10-K but has
been unable to finalize it due to delays caused by personnel shortages and
priority matters relating to the bankruptcy proceedings of its subsidiaries.
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(ATTACH EXTRA SHEETS IF NEEDED)
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Robert Idzi (214) 965-6000
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(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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(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.
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SEARCH CAPITAL GROUP, 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: December 22, 1995 By: Search Capital Group, Inc.
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General Partner
By: /s/ ROBERT D. IDZI
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Name: Robert D. Idzi
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Title: Senior V.P. &
Chief Financial Officer
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ATTACHMENT TO FORM 12b-25
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PART IV(3)
The Registrant had a net change in results from operations from a net
loss of $26,190,000 for the year ended September 30, 1994 to a net loss of
approximately $20,134,000 for the year ended September 30, 1995, which resulted
in an increase of approximately $6,056,000. The Registrant had no other
material changes between periods.
