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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION -----------------------------
Washington, D.C. 20549 OMB Number: 3235-0058
Expires: January 31, 2002
Estimated average burden
FORM 12b-25 hours per response ..... 2.50
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NOTIFICATION OF LATE FILING SEC FILE NUMBER
000-18686
(Check One): -----------------------------
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[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-QSB [ ] Form N-SAR CUSIP NUMBER
695810309
For Quarter Ended: February 29, 2000 -----------------------------
[ ] 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: _______________________________________________________________________
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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.
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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:
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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
7173 South Havana, Suite 600
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Address of Principal Executive Office (Street and Number)
Englewood, Colorado 80112
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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-K, 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-Q, 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, 20-F, 11-K, 10-Q, N-SAR, or the transition report or portion thereof,
could not be filed within the prescribed time period.
Registrant has encountered delays in completing its Quarterly Report on Form 10-QSB for the quarter ended February
29, 2000, because James Q. Race, the Registrant's Controller, Treasurer and Secretary, who is primarily responsible
for obtaining and completing the financial information necessary to prepare the financial statements of Registrant
for the quarter ended February 29, 2000, had to unexpectedly attend an out-of-town funeral several days prior to
when the Form 10-QSB was originally due, which delayed the timely completion of the Quarterly Report on Form
10-QSB.
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PART IV--OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this notification
James Q. Race (303) 957-1000
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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 answer is no,
identify report(s). [X] Yes [ ] No
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(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.
For the quarter ended February 29, 2000, Registrant anticipates that it will report a net loss of approximately
$275,000, or approximately $.09 per share, compared to net income of $104,539, or $.03 per share, for the quarter
ended February 28, 1999. The primary reasons for this change are that during the quarter ended February 29, 2000:
(a) Registrant was unable to sublet its former office space, which remains vacant and resulted in approximately
$50,000 in rent expense; (b) Registrant incurred approximately $40,000 in additional programming charges with
respect to its new software program that it released in February, 2000; (c) Registrant recorded approximately
$105,000 in prior period expenses due to adjustments required by its independent auditors; and (d) Registrant
recorded and paid its annual franchisee rebate in the first quarter of its fiscal year, as compared to paying such
rebate in the fourth quarter of its preceding fiscal year.
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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: April 17, 2000 By /s/ James Q. Race
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James. Q. Race
Controller, Treasurer and Secretary
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.
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Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
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