Commission File No.: 000-21105
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): | | Form 10-K and Form 10-KSB |_| Form 11-K |_| Form 20-F
|X| Form 10-Q and 10-QSB |_| Form N-SAR
For Period Ended: July 31, 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:
Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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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
FIREBRAND FINANCIAL GROUP, INC.
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Full Name of Registrant
RESEARCH PARTNERS INTERNATIONAL, INC.
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Former Name if Applicable
One State Street Plaza
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Address of Principal Executive Office (Street and Number)
New York, New York 10004
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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;
|X| (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 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
|_| (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
<PAGE>
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K and Form 10-KSB,
Form 11-K, Form 10-Q and Form 10-QSB, Form N-SAR, or the transition report or
portion thereof, could not be filed within the prescribed time period. (Attach
Extra Sheets if Needed)
As a result of the departure of our Chief Financial Officer and the addition of
new accounting personnel, the Company experienced a delay in preparing the
quartly report.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Robert Rosenberg, Chief Financial Officer (212) 208-6565
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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
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(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 for the six-month period ended July 31, 1999 were
$25,081,000, as compared to revenues of approximately $31,068,000 for the
six-month period ended July 31, 2000. The Registrant's net loss of income for
the six-month period ended July 31, 1999 was $(1,079,000), as compared to a net
loss of approximately $(3,756,000) for the six-month period ended July 31, 2000.
Revenue increased mainly as a result of higher revenues from commission and
asset management activities. Net losses increased due to increases in marketing
and promotional activities, higher commission expenses due to additional
staffing, higher arbitration expenses, increased professional fees, increased
business development costs and other increased operating costs.
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RESEARCH PARTNERS INTERNATIONAL, 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: September 14, 2000 By: /s/ Robert Rosenberg
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Robert Rosenberg, 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.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
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