PROFESSIONALLY MANAGED PORTFOLIOS
NT-NSAR, 2000-06-29
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UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

Commission File Number: 811-05037

(check one):   [  ] Form 10-K and Form 10-KSB
                      [ ] Form 10-Q and Form 10-QSB
                      [ ] Form 20-F
                      [ ]  Form 11-K
                     [X] Form N-SAR

For Period Ended: April 30, 2000
[ ] 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:

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

PROFESSIONALLY MANAGED PORTFOLIOS
Full Name of Registrant
-------------------------

Former Name if Applicable

2020 E. FINANCIAL WAY, SUITE 100
Address of Principal Executive Office
(Street and Number)

Glendora, CA 91741
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;

[ ]  (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 following the prescribed due date;
or the subject quarterly report of transition report on Form
IO-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 and Form 10-KSB, 11-K, 20-F, IO-Q and Form
IO-QSB, N-SAR, or other transition report or portion
thereof, could not be filed within the prescribed period.

PENDING AUDITED ANNUAL FINANCIAL STATEMENTS.

PART IV - OTHER INFORMATION

(1)   Name and telephone number of person to contact in
regard to this notification:

Rochelle Gonzales       (626)              852-1033
(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 statement 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, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.

PROFESSIONALLY MANAGED PORTFOLIOS
(Name of Registrant as Specified in Charter)

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

Date:     June 29, 2000        By: /s/ Rochelle Gonzales




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