TRACKER CORP OF AMERICA
NT 10-K, 1999-06-30
OIL ROYALTY TRADERS
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                      SECURITIES  AND  EXCHANGE  COMMISSION
                              WASHINGTON, DC  20549

                                   FORM 12B-25

                                                Commission File Number   0-24944
                                                                        --------

                           NOTIFICATION OF LATE FILING
   (Check One): [X] Form 10-K    [ ] Form 11-K    [ ] Form 20-F    [ ] Form 10-Q
[ ] Form  N-SAR
For  Period  Ended:          March  31,  1999
                             ----------------
[ ]  Transition  Report  on  Form  10-K      [ ]  Transition Report on Form 10-Q
[ ]  Transition  Report  on  Form  20-F      [ ] Transition Report on Form N-SAR
[ ]  Transition  Report  on  Form  11-K

     For  the  Transition Period Ended:  _______________________________________
     Read  attached  instruction  sheet 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:


                                     PART I
                             REGISTRANT INFORMATION

Full  name  of  registrant    The  Tracker  Corporation  of  America
                           -----------------------------------------
Former  name  if  applicable

Address  of  principal  executive  office  (Street  and  number)

 180  Dundas  Street  West,  Suite  1505
- -----------------------------------------
City,  state  and  zip  code       Toronto,  Ontario  M5G  1Z8  Canada
                                 -------------------------------------

                                     PART II
                             RULE 12B-25 (B) AND (C)

     If  the  subject  report  could not be filed without unreasonable effort to
expense  and  the  registrant  seeks  relief  pursuant  to  Rule  12b-25(b), the
following  should  be  completed.  (Check  appropriate  box.)

[X]  (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, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
     before  the  15th calendar day following the prescribed due  date;  or  the
     subject quarterly  report  or 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.

<PAGE>
                                    PART III
                                    NARRATIVE

     State  below  in  reasonable  detail the reasons why Form 10-K, 11-K, 20-F,
10-Q,  N-SAR  or the transition report portion thereof could not be filed within
the  prescribed  time  period.  (Attach  extra  sheets  if  needed.)

     Tracker's  independent accountants were unable to complete the audit of its
financial  statements  by  the  prescribed  deadline.

                                     PART IV
                                OTHER INFORMATION

(1)     Name  and  telephone  number  of  person  to  contact  in regard to this
notification

          Bruce  I.  Lewis                          (416)          593-2604
- --------------------------------------------------------------------------------
               (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)     It  is  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 narratively
and  quantitatively,  and,  if  appropriate,  state the reasons why a reasonable
estimate  of  the  results  cannot  be  made.

                    The  Tracker  Corporation  of  America
- --------------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)

Has  caused  this  notification  to  be  signed on its behalf by the undersigned
thereunto  duly  authorized.

Date:  June 30, 1999          By  /s/  Bruce I. Lewis, Chief  Executive  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).

                              GENERAL INSTRUCTIONS

1.     zThis  form  is  required  by  Rule  12b-25  of  the  General  Rules  and
Regulations  under  the  Securities  Exchange  Act  of  1934.

2.     One signed original and four conformed copies of this form and amendments
     thereto  must  be  completed  and  filed  with  the Securities and Exchange
Commission,  Washington,  DC  20549,  in accordance with Rule 0-3 of the General
Rules and Regulations under the Act.  The information contained in or filed with
the  form  will  be  made a matter of the public record in the Commission files.

<PAGE>
3.     A  manually signed copy of the form and amendments thereto shall be filed
with  each  national securities exchange on which any class of securities of the
registrant  is  registered.

4.     Amendments  to  the  notifications  must also be filed on Form 12b-25 but
need  not restate information that has been correctly furnished.  The form shall
be  clearly  identified  as  an  amended  notification.

5.     Electronic  Filers.  This  form  shall  not  be used by electronic filers
unable  to  timely  file a report solely due to electronic difficulties.  Filers
unable  to submit a report within the time period prescribed due to difficulties
in  electronic  filing  should  comply  with  either  Rule  201  or  Rule 202 of
Regulation  S-T or apply for an adjustment in filing date pursuant to Rule 13(b)
of  Regulation  S-T.



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