SEC FILE NUMBER
0-6664
FORM 12B-25 U.S. SECURITES AND EXCHANGE COMMISSION CUSIP NUMBER
WASHINGTON, D.C. 20549 482724200
NOTIFICATION OF LATE FILING
(Check One)
From 10-K ______ Form 11-K ______ Form 20-F ___X___ Form 10-Q
For Period Ended: September 30, 1997
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:________________
________________________________________________________________________________
PART I - REGISTRANT INFORMATION
- --------------------------------------------------------------------------------
Full Name Of Registrant
K-tel International, Inc.
Former Name If Applicable
- --------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
2605 Fernbrook Lane North
- --------------------------------------------------------------------------------
City, State and Zip Code
Minneapolis, Minnesota 55447-4736
- --------------------------------------------------------------------------------
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 on this
form could not be eliminated without unreasonable effort or
expense;
[X] (b) The Subject annual report/portion thereof will be filed on or
before the fifteenth calendar day following the prescribed due
date; or the subject quarterly report/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.
<PAGE>
- --------------------------------------------------------------------------------
PART III - NARRATIVE
- --------------------------------------------------------------------------------
State below in reasonable detail the reasons why the Form 10-K, 20-F or
10-Q, or portion thereof, could not be filed within the prescribed time
period.
Financial information from material foreign subsidiaries for the
quarter ended September 30, 1997 were not received in sufficient time
to consolidate the financial results of the Company and file the 10-Q
by the prescribed date.
(Attached Extra Sheets if Needed)
- --------------------------------------------------------------------------------
PART IV - OTHER INFORMATION
- --------------------------------------------------------------------------------
(1) Name and telephone number of person to contact in regard to
this notification
Corey Fischer 818 223-4251
------------- --- --------
(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) during
the preceding 12 months (or for such
shorter period that the registrant was __X__YES _____NO
required to files such reports) been
filed? If answer is no, identify report(s)
- --------------------------------------------------------------------------------
(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?
If so, attach an explanation of the __X__YES _____NO
anticipated change, both narratively and
quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of
the results can not be made.
- --------------------------------------------------------------------------------
K-tel International, Inc.
(NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date November 13, 1997 By /S/ Corey Fischer
----------------------------- -----------------
ATTENTION
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001)