CAPITAL MEDIA GROUP LTD
NT 10-K, 2000-03-31
TELEVISION BROADCASTING STATIONS
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  FORM 12b-25

                          NOTIFICATION OF LATE FILING

                                  (CHECK ONE):

        [X] Form 10-K and Form 10-KSB    [ ] Form 20-F    [ ] Form 11-K
        [ ] Form 10-Q and Form 10-QSB    [ ] Form N-SAR

For Period Ended:

[ ] 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 the Transition Period Ended:


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            Nothing in this Form shall be construed to imply that the
             Commission has verified any information contain 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:


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PART I--REGISTRANT INFORMATION
- --------------------------------------------------------------------------------
      Capital Media Group Limited
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      Full Name of Registrant (Former Name if Applicable)

      Cardinal Capital Corporation
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      Former name if applicable

      2 rue du Nouveau Berey
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      Address of Principal Executive Office (Street and Number)

      94220 Charenton France
      --------------------------------------------------------------------------
      City, State and Zip Code

- -------------------------------------------------------------------------------
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;

[X]   (b) The subject annual report, semi-annual report, transition report on
          Form 10-K, Form 20-F, Form 11-K 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-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>
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PART III--NARRATIVE
- --------------------------------------------------------------------------------
     State below in reasonable detail the reasons why Forms 10-K, 10-KSB, 11-K,
20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could not be
filed within the prescribed time period. (Attach extra sheets if needed.)

         The Registrant's Annual Report on Form 10-KSB for the fiscal year ended
December 31, 1999 could not be filed within the prescribed time period because
certain information and data relating to and necessary for the completion of the
Registrant's financial statements and management's discussion and analysis of
financial condition and results of operations could not be obtained by the
Registrant within such time period without unreasonable effort or expense.
- --------------------------------------------------------------------------------
PART IV--OTHER INFORMATION
- --------------------------------------------------------------------------------
     (1) Name and telephone number of person to contact in regard to this
notification

  Philip B. Schwartz               305                  982-5604
- ------------------------        ---------           ------------------
        (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 filed such report(s) been file? 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?

                                                   [ ] 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.

                           Capital Media Group Limited
- --------------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)

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

Date: March 28, 2000             By: /s/  Gilles Assoulme
      --------------                 ---------------------
                                 Name: Gilles Assoulme
                                       ----------------
                                 Title: Chairman, President and
                                        -----------------------
                                        Chief Executive Officer
                                        -----------------------



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