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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 0-18222
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: September 30, 1998
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/ / 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 Rica Foods, Inc.
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Former name if applicable Costa Rica International, Inc.
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Address of principal executive office (Street and number)
Suite 507
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95 Merrick Way
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City, state and zip code Coral Gables, Florida 33134
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PART II
RULE 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 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 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, N-SAR or the
transition report portion thereof could not be
filed within the prescribed time period. (Attach
extra sheets if needed.)
The company recently obtained the approval of a majority of its shareholders
to acquire the remainder of the outstanding capital stock of its subsidiary,
Corporacion As de Oros, S.A. ("As de Oros"). As a result of the imminent
acquisition and need to disclose material information concerning the
operations and facilities of As de Oros, the time required by the Company and
its accountants, Arthur Andersen LLP, to prepare the Annual Report on Form
10-K has been greater than anticipated. The registrant could not expedite
this process without unreasonable effort or expense. It intends to file the
Form 10-K within 15 calendar days of its due date.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to
contact in regard to this notification
Randall Piedra
95 Merrick Way
Suite 507
Coral Gables, Florida 33134
305-476-1757, 476-1760
(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 not,
identify report(s).
/X/ Yes / / No
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(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 narratively and
quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of
the results cannot be made.
Rica Foods, Inc.
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed
on its behalf by the undersigned thereunto
duly authorized.
Rica Foods, Inc.
Date: December 29, 1998 By: /s/ Calixto Chaves Zamora
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Chairman and Chief Executive Officer
