UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 01558
CUSIP NUMBER: 138108-10-5
Check one: X Form 10-K Form 20-F Form 11-K
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Form 10-Q Form N-SAR
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For Period Ended: November 30, 1997
PART I. - REGISTRANT INFORMATION
A. Full Name of Registrant - Canterbury Information
Technology, Inc.
B. Address of Principal Office - 1600 Medford Plaza, Route
70 & Hartford Road, Medford, New Jersey 08055.
PART II. - RULES 12b-25(b) AND (c)
The subject report could not be filed without reasonable
effort or expense and the Registrant seeks relief pursuant to
Rule 12b-25(b). The Registrant states the following:
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 on Form 10-K will be filed on
or before the fifteenth calendar day following the prescribed due
date;
C. The accountant's statement or other exhibit required by
Rule 12b-25(c)) is not applicable.
PART III. - NARRATIVE
The Registrant's annual report on Form 10-K can not be filed
within the prescribed time period due to the fact that additional
time is required to finalize a loan extension with its primary
lender.
PART IV. - OTHER INFORMATION
A. Name of Person to Contact in Regard to this
Notification: William N. Levy, Esq. (609) 751-9494.
B. 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 reports.
C. It is not 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.
CANTERBURY INFORMATION TECHNOLOGY, INC. has caused this
notification to be signed on its behalf by the undersigned
hereunto duly authorized.
By: /s/Stanton M. Pikus
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Stanton M. Pikus, President
Date: February 26, 1998
