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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File
Number 0-12185
(Check one): [ X ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F [ ]
Form 10-Q and Form 10-QSB [ ] Form N-SAR
For the period ended December 31, 1999
[ ] 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 _______________________________________
________________________________________________________________________________
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
________________________________________________________________________________
If 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: DAUGHERTY RESOURCES, INC.
Former Name if Applicable: ALASKA APOLLO RESOURCES INC.
Address of Principal Executive Office: 120 Prosperous Place, Suite 201
Lexington, Kentucky 40509
PART II
RULE 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)
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[ 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, semi-annual report, transition
report on Forms 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or portion thereof will
be filed on or before the 15th calendar day following the prescribed due date;
or the subject quarter report or transition report on Form 10-Q, 10-QSB, 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, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could
not be filed within the prescribed time period.
The registrant is currently unable to provide its accountants with all
the information necessary to complete the registrant's audited financial
statements. The registrant is awaiting the completion of a more current
engineering report regarding its gold properties. The engineering report should
be available in time for the registrant's accountants to complete the audited
financial statements by April 14, 2000.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
William S. Daugherty, telephone (606) 263-3948
(2) Have all other period 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
answer is no, identify the 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?
[ X ] Yes [ ] No
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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.
See the attached Exhibit A.
Daugherty Resources, Inc. has caused this notification to be signed on
its behalf by the undersigned thereunto duly authorized.
Date: March 29, 2000 By /s/ William S. Daugherty
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William S. Daugherty, President
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Exhibit A
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It is anticipated that there will be a significant change in the
results of operations from the period ending December 31, 1998. The change will
result from an evaluation of the registrant's gold mining properties to
determine if those assets have been impaired. The registrant has retained both
an appraisal and an engineering firm to assist it in this regard and the results
of the evaluation will be reported in the registrant's Form 10-KSB.
