UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
[ ] Form 10-KSB [ ] Form 20-F [ ] Form 11-K [X] Form 10-QSB
For Period Ended: June 30, 1997 SEC FILE NUMBER I-9418
------------------- CUSIP NUMBER 232456103
[ ] 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 Transition Period Ended:_______________
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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: Entire Form 10-QSB
Part I - Registrant Information
Full Name of Registrant CyberAmerica Corporation
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Former Name if Applicable N/A
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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 Form 10-KSB, 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-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 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 first quarter of 1997, the Company focused its
operations on the investment in and sale of real estate. The
Company sold one parcel of real estate during the second
quarter of 1997 and sold an additional parcel shortly after
the end of the quarter. Because of the change of the
Company's operational focus, the Company has modified the
accounting treatment from similar past sales. The
adjustments to the Company's financial statements resulting
from this modified treatment of real estate sales have
delayed the Company's preparation of its financial
statements for the quarter
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 if 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 - Corporate offices and management changes.
The Company expects to record revenues for the second quarter
of 1997 of approximately $1,491,000. This figure is
significantly higher than second quarter revenues of $913,125
for 1996. This increase is largely attributable to the sale of
an appreciated building during the second quarter of 1997 and
a change in the reporting of the Company's financial
statements caused by a change in the Company's operations.
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: August 16, 1997 By: /s/Richard Surber
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Name: Richard Surber
Title: President
