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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
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 PERIOD ENDED: April 30, 2000
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[ ] 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
RICH COAST INC.
____________________________________________________________
Full Name of Registrant
____________________________________________________________
Former Name if Applicable
6011 Wyoming Avenue
____________________________________________________________
Address of Principal Executive Office (Street and Number)
Dearborn, MI 48126
____________________________________________________________
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; and
[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 or before the fifteenth calendar day 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.
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PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, Form 20-F, Form
11-K, Form 10-Q, Form N-SAR, or the transition report or portion thereof, could
not be filed within the prescribed time period. (Attach extra sheets if
needed.)
The Company was unable to compile the financial information in time because
it was preparing for the sale of its Ford Road property and moving its offices
to a new facility.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Theresa M. Mehringer, Esq. (303) 221-6000
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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 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
Registrant's revenues increased to approximately 2,907,000 in fiscal year 2000
from approximately 2,267,000 in fiscal year 1999. The increase in revenues was
primarily due to price increases and new customers. The net loss in fiscal year
2000 was approximately 3,134,000, compared to a net loss of approximately
$2,572,000 in fiscal year 1999. This increase in the net loss was primarily due
to an impairment of property and equipment recorded in fiscal year 2000.
RICH COAST INC.
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: July 31, 2000 By: /s/ James P. Fagan
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James P. Fagan, President
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
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