UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
[ ] FORM 10-K [ ] FORM 20-F [ ] FORM 11-K [X] FORM 10-Q
For Period Ended: June 30, 1995 SEC FILE NUMBER I-9418
CUSIP NUMBERS 138219407
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[X] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For Period Ended: June 30, 1995
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: Entire Form 10-Q
Part I - Registrant Information
Full Name of Registrant Canton Industrial Corporation
Former Name if Applicable N/A
Address of Principal Executive Office:
268 West 400 South
Suite 300
Salt Lake City, Utah 84101
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
(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-K, 11-K, 20-F,
10-Q or N-SAR or portion thereof could not be filed within the prescribed time
period.
During the second quarter of 1995,the Company executed certain large
material transactions for which documentation is not yet complete.
The Company is working to obtain final documentation
of these transactions.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification.
Richard Surber President (801) 575-8073
(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 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
narrative and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made - Corporate
offices and management changes.
Net loss for the quarter will increase from $136,000 to $785,149.
This was due to a $519,342 loss on a foreclosure.
Canton Industrial Corporation
(Name of Registrant as specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: August 15, 1995 By: Richard Surber
(Signature)
Title: President
