UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
[X] Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-QSB
For Period Ended: December 31, 1996 SEC FILE NUMBER 0-11734
----------------- CUSIP NUMBER 67087B100
[ ] Transition Report on Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-QSB
[ ] Transition Report on Form N-SAR For Transition Period Ended:__________
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Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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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: Entire Form 10-KSB
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Part I - Registrant Information
Full Name of Registrant OMAP Holdings Incorporated
Former Name if Applicable N/A
Address of Principal Executive Office:
82-66 Austin Street
Kew Gardens, New York 11415
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
From 10-K, Form 2-F, 11-F, or From 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 or transition report on From
10-Q, or portion thereof will be filed on or before the fifth calendar
day following the prescribed due date; and
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(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 Form 10-KSB, 11-K,
20-F, 10-QSB or N-SAR or portion thereof could not be filed within the
prescribed time period.
In December 1995, the Company acquired a French manufacturing
company, Establissements R. Kohl S.A. ("Kohl"). Kohl is the
Company's principal operating subsidiary and is responsible for
the majority of the revenue realized by the Company during the
1996 fiscal year. The Company has experienced unanticipated
delays in preparing its year end financial statements resulting
from differences between French and American accounting standards
with respect to the treatment of inventory. The Company has been
unable to eliminate these delays without unreasonable effort or
expense.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification.
James Tilton President (718) 445-7736
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(Name) (Title) (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 12 months or for such shorter period
that the registrant was required to file such report(s) been filed? If
the answer if 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 narrative
and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
N/A
OMAP Holding Incorporated
(Name of Registrant as specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 31, 1997 By:/s/ James Tilton
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Name: James Tilton
Title: President
