U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER 33-17507
CUSIP NUMBER 751918 10 3
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[X] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: June 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:
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: RAMOIL MANAGEMENT, LTD.
Former Name if Applicable:
Address of Principal Executive Office (Street and Number):
2424 NORTH FEDERAL HIGHWAY
SUITE 350
BOCA RATON, FLORIDA 33431
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]
[X] (a) The reasons described in reasonable detail in Part II 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
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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
[X] (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 and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period.
The Form 10-Q and/or Form 10-QSB could not be filed timely without
unreasonable effort or expense. The local Italian auditors for the
registrant's Italian operations forwarded the financial information to
the registrant's accountants on or about August 12, 2000. The time,
effort, and expense involved in reviewing and incorporating the
financial information into the registrant's financial statements to
meet the filing deadline would have been unreasonable. Thus the filing
deadline is an overwhelming burden and necessitates the need for the
extension requested.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Radoljub Radulovic
(561) 338-5611
(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 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.
The Registrants revenue and profits increased significantly
from the prior periods.
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RAMOIL MANAGEMENT, LTD.
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: August 15, 2000 By: /s/ Radoljub Radulovic
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President
