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United States Securities and Exchange Commission
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(check one)
_X_ Form 10-K/10KSB
___ Form 20-F
___ Form 11-K
___ Form 10-Q/10-QSB
___ Form N-SAR
For Period Ended : December 31, 1998
___ Transition Report on Form 10-K/10KSB
___ Transition Report on Form 20-F
___ Transition Report on Form 11-K
___ Transition Report on Form 10-Q/10QSB
___ Transition Report on Form N-SAR
For the Transition Period Ended: _____________________________________
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PART 1 - REGISTRANT INFORMATION
Full Name of Registrant: CIMARRON-GRANDVIEW GROUP, INC.
Address of Principal Executive Office: 601 West Main Avenue, Suite 714
City, State and Zip Code: Spokane, Washington 99201-0677
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){section
23,047], 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, 10-KSB, 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 on Form 10-Q, 10-QSB, or portion
there of will be filed on or before the fifth calendar day
following the prescribed due day; 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 why the Form 10-K and Form 10-KSB, 11-K,
10-Q and Form 10QSB, N-SAR, or the transition report or portion thereof,
could not be filed within the prescribed time period.
Due to resignation of previous accountant on February 16, 1999 and engagement
of new accountants on March 8, 1999, audited financial statements could not be
completed in a timely manner.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Greg Lipsker 509 455-9077
(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 reports)
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.
(Letter head of LeMaster & Daniels, PLLC, Accounting Firm)
STATEMENT OF INDEPENDENT AUDITORS
Due to the timing of our appointment as auditors of Cimarron-Grandview
Group, Inc. on March 8, 1999, we have not yet completed our audit of the
Registrant's 1998 financial statements in order to include our report and
the financial statements in the Registrant's Form 10-KSB. We expect to
complete the audit and issue our report by April 15, 1999.
/s/ LeMaster & Daniels, PLLC
Spokane, Washington
March 30, 1999
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SIGNATURE
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CIMARRON-GRANDVIEW GROUP, INC.
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
By: /s/ Greg Lipsker Date: March 30, 1999
_____________________________________ ______________________________
Title: President
