<PAGE>
FORM 12B-25
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SEC File No.: 0-18222
CUSIP No.: 125000 50 5
NOTIFICATION OF LATE FILING
/ /Form 10-K / /Form 11-K / /Form 20-F
/X/FORM 10-Q / /Form N-SAR
For Period Ended: MARCH 30, 1996
--------------------
- -------------------------------------------------------------------------------
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: N/A
- -------------------------------------------------------------------------------
PART I -- REGISTRANT INFORMATION
- -------------------------------------------------------------------------------
Full Name of Registrant: Quantum Learning Systems, Inc.
Former Name if Applicable: CCR, Inc.
- -------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number):
1111 S.W. 17th Street
- -------------------------------------------------------------------------------
City, State and Zip Code: Ocala, Florida 34474
- -------------------------------------------------------------------------------
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).
/ x / (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
(b) The subject annual report or semi-annual report/portion, thereof
will be filed on or before the fifteenth calendar day following
the prescribed due date; or the subject
<PAGE>
quarterly report/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, 11-K, 20-F, 10-Q,
or N-SAR, or portion thereof, could not be filed within the prescribed time
period.
The Company has only recently obtained all information concerning the
acquisition of Corporacion Pipasa, S.A., and has not been able to complete the
incorporation into the appropriate financial information for the Form 10-QSB
filing. The information has been received by the Company and will be
incorporated into the Company's filing prior to the end of the extension period.
- -------------------------------------------------------------------------------
PART IV -- OTHER INFORMATION
- -------------------------------------------------------------------------------
(1) Name and telephone number of person to contact in regard to this
notification:
Robert Bare 423 543-5951
---------------------------------- ----------------- ----------------------
(Name) (Area Code) (Telephone Number)
(2) Have all 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.
2
<PAGE>
Reasonable estimates cannot be made at this time because the auditors
have not completed the proposed adjustments to the financial
statements.
James K. Isenhour, the Chairman of the Registrant, has caused this
notification to be signed on its behalf by the undersigned thereunto duly
authorized.
Date: May 14, 1996
------------------------
Quantum Learning Systems, Inc.
By:
----------------------------------
James K. Isenhour
Chairman of the Board
3
