U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25 SEC File No:
NOTIFICATION OF LATE FILING
Form 10-Q
For Period Ended 09/30/99
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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 the notification relates:
Not applicable. The filing relates to the entire form 10-Q.
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Part I--Registrant Information
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Full Name of Registrant: China Food and Beverage Company
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Address of Principal Executive Office: 8 West 38th Street
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City, State and Zip Code: New York, NY 10018
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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)
[X] (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 or semi-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.
Part III--Narrative
State below in reasonable detail the reasons why Form 10-Q or 10-QSB or
portion thereof could not be filed within the prescribed time period.
On December 30, 1998, the Company acquired all the capital stock of Victoria
Beverage Co., Ltd., an Isle of Man corporation, which owned a 55% interest in
Anhui Hao Dun Brewery Co. Ltd. The brewery is located in the Chinese city of Liu
An. The Company continues to experience unavoidable delays in preparing its
quarterly financial statements, due primarily to the difference between Chinese
and American accounting standards, especially with respect to the treatment of
inventory. The Company has been unable to eliminate these delays without
unreasonable effort of expense.
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Part IV--Other Information
(1) The person to contact in regard to this notification is:
James Tilton (212) 398-7833
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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
(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 results cannot be made.
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CHINA FOOD AND BEVERAGE COMPANY
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has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 15, 1999 By:/s/ James Tilton
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Instruction: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
