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OMB APPROVAL
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UNITED STATES OMB Number: 3235-0058
SECURITIES AND EXCHANGE COMMISSION Expires: May 31, 1997
Washington, D.C. 20549 Estimated average burden
hours per response ..... 2.50
FORM 12b-25 -----------------------------
NOTIFICATION OF LATE FILING -----------------------------
SEC FILE NUMBER
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CUSIP NUMBER
(Check One): -----------------------------
[ ] Form 10-KSB [ ] Form 20-F [ ] Form 11-K [X] Form 10-QSB [ ] Form N-SAR
FOR PERIOD ENDED: August 31, 1998
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[ ] 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 the Transition Period Ended:
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
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:
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PART I - REGISTRANT INFORMATION
Pak Mail Centers of America, Inc.
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Full Name of Registrant
N/A
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Former Name if Applicable
3033 South Parker Road, Suite 1200
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Address of Principal Executive Office (Street and Number)
Aurora, Colorado 80014-2934
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City, State and Zip Code
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 Form 10-KSB, Form 20-F, Form 11-K or 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 of transition report on Form
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.
<PAGE>
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-KSB, Form 20-F,
Form 11-K, Form 10-QSB, Form N-SAR, or the transition report or portion thereof,
could not be filed within the prescribed time period. (Attach extra sheets if
needed.)
Delays have been encountered in obtaining and completing the financial
information necessary to prepare the financial statements of Registrant for the
quarter ended August 31, 1998 due to the recent death of Registrant's Manager of
Accounting and Human Resources. Therefore, Registrant is unable to complete the
required financial information without unreasonable effort and expense for the
quarter ended August 31, 1998, in order for Registrant's Quarterly Report on
Form 10-QSB to be filed in the prescribed time period. Registrant's Quarterly
Report on Form 10-QSB will be filed no later than the fifth calender day
following the prescribed due date.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Raymond S. Goshorn 303 752-3500
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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?
[X] Yes [ ] 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.
(3) Registrant will report revenues of approximately $1,043,812 for the
three months ended August 31, 1998, as compared to revenues of $1,233,954 for
the three months ended August 31, 1997. Additionally, Registrant will report net
income of approximately $27,373 for the three months ended August 31, 1998, as
compared to net income of $169,242 for the three months ended August 31, 1997.
The decrease in revenues and net income between the three months ended August
31, 1998 and the same prior year period is primarily due to a decrease in
individual franchise sales.
<PAGE>
Pak Mail Centers of America, Inc.
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: October 14, 1998 By: /s/ Raymond S. Goshorn
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Raymond S. Goshorn,
Chief Financial Officer
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.
ATTENTION
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).
