U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
SEC File No:
NOTIFICATION OF LATE FILING 000-18865
Form 10-Q
For Period Ended December 31, 1997
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:
Not applicable. The filing relates to the entire Form 10-Q.
Part I--Registrant Information
Full Name of Registrant: American Resources and Development Company
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Address of Principal Executive Office: 102 West 500 South, Suite 300
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City, State and Zip Code: Salt Lake City, Utah 84101
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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 or semi-annual report/portion
thereof will be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report/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.
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Part III--Narrative
State below in reasonable detail the reasons why Form 10-Q or 10-QSB or
portion thereof could not be filed within the prescribed time period.
Financial statements from a former consolidated subsidiary, Golf Ventures, Inc.,
were not available at the time of the required filing. This subsidiary merged
with another company in November 1997 and as a result the effect of this merger
will be reflected in the 10-Q in pro forma financial information.
Part IV--Other Information
(1) The person to contact in regard to this notification is:
Tim Papenfuss 801-288-9120
(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).
[ ] Yes [X] 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 results cannot be made.
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American Resources and Development Company
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: February 18, 1998 By: Tim Papenfuss
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Tim Papenfuss, Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
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