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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12B-25
SEC File Number: 33-28622-A
NOTIFICATION OF LATE FILING
(Check One) X Form 10-K __Form 20-F __Form 11-K __Form 10-Q __Form N-SAR
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For Fiscal Year Ended: June 30, 1998
[ ] 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:_______________________________
READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE
PRINT OR TYPE
Nothing in the form shall be construed to imply that the Commission has verified
any information 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: MSU Corporation
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Former Name if Applicable
Address of Principal Executive Office (Street and Number):
Elder House, 526-528 Elder Gate
City, State and Zip Code: Central Milton Keynes, MK9 1LR, England
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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)
(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, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion
thereof, will be filed on or before the fifteenth calendar day
[X] following the prescribed due date; or the subject quarterly
report of 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.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed with the
prescribed time period:
Preparation of the information, including the financial statements, in the
Form 10-K has taken longer than originally anticipated. Hence, the Company will
be filing the Form 10-K after the scheduled due date.
The Company is current with respect to all prior "reporting requirements"
and is diligently endeavoring to complete its 10-K in as expeditious a manner as
possible in light of the circumstances described above.
The Company, therefore, intends to file its Form 10-K for the year ended
June 30, 1998 as soon as practicable, but no later than 15 calendar days
following the prescribed due date as indicated in Part II(b) of the Form 12b-25.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Richard Horby Phillips 011 44 1908232100
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(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 reports been
filed? If 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? X Yes ___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.
MSU CORPORATION has caused this notification to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: September 28, 1998 By: /s/ Richard H. Phillips
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Richard H. Phillips, Vice President
(Principal Financial and Accounting Officer)
