UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
[ ] Form 10-KSB [ ] Form 20-F [ ] Form11-K [X] Form 10-QSB [ ] FORM N-SAR
For Period Ended: September 30, 1996 SEC FILE NUMBER I-9418
CUSIP NUMBER 232456103
[ ] 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 Period Ended:___________________
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-QSB
PART I - REGISTRANT INFORMATION
Full Name of Registrant CyberAmerica 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, semiannual report, transition
report on Form 10-KSB, Form 2-F, 11-F, 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 or 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 Form 10-KSB, 11-K,
20-F, 10-QSB or N-SAR or portion thereof could not be filed within the
prescribed time period.
During the third quarter of 1996, certain of the Company's majority
owned subsidiaries developed operations sufficiently material to
require consolidation into the Company's financial statements. This
consolidation process was previously unexpected and has prevented the
Company from filing the Form 10-QSB within the prescribed time period.
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?
(X) Yes ( ) 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.
The Company is recording a net loss of $754,001 for
the fiscal quarter ended September 30, 1996, as compared to
net income of $111,947 for the corresponding quarter of the
previous year. The main factor contributing to this change is
the increase in general and administrative expenses incurred
by the Company during the third quarter of fiscal 1996. In the
third quarter of 1996 these expenses totaled $656,555, as
compared with the 1995 third quarter total of $171,478. This
increase is largely attributable to the Company's purchase of
equipment and software used in the Company's development of
its Internet services division. The Company has also incurred
higher salary expenses during the third quarter of fiscal 1996
resulting from a significant increase in the number of its
employees.
CyberAmerica 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: November 15, 1996 By /s/ Richard Surber
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Name: Richard Surber
Title: President
