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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 12b-25
SEC FILE NUMBER
CUSIP NUMBER
NOTIFICATION OF LATE FILING
(Check One):
[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: Year Ended June 30, 1999
[ ] 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 Attached Instruction Sheet 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.
________________________________________________________________________________
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:_________________________
________________________________________________________________________________
Part 1 - Registrant Information
________________________________________________________________________________
Full Name of Registrant: International Microcomputer Software, Inc.
Former Name if Applicable
INTERNATIONAL MICROCOMPUTER SOFTWARE, INC.
Address of Principal Executive Office (Street and Number)
75 Rowland Way, Novato, California 94945
(City, State and Zip Code)
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PART II - RULES 12b-25 (b) AND (c)
(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 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 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; [X]
(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
In connection with the review by the Securities and Exchange Commission ("SEC")
of two previously filed form S-3 registration statements and prior filings, the
Company has received comment letters from the SEC. The Company has responded to
these letters. As of September 28, 1999, the Company had not received a response
from the SEC to the Company's most recent submission. Resolution of the staff's
comments may affect the financial statements to be included in the Form 10-K.
Until it receives a response from the SEC, the Company believes it is unable
to file a Form 10-K for the year ended June 30, 1999 without unreasonable effort
or expense.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Costa John, CEO (415) 257-3000
(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.
(Name of Registrant as specified in charter)
INTERNATIONAL MICROCOMPUTER SOFTWARE, INC.
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: September 29, 1999 By: /s/ Costa John
Chief Executive Officer and Chief Financial Officer
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RESPONSE TO PART IV,(c): EXPLANATION OF ANTICIPATED CHANGE IN RESULTS AND
REASONS WHY A REASONABLE ESTIMATE OF THE RESULTS CANNOT BE MADE.
International Microcomputer Software, Inc. has reported material losses in its
previous Form 10-Q filings for fiscal year 1999. As compared to the fiscal year
ended June 30, 1998, the Company has reported a material decline in sales.
Accordingly, regardless of the outcome of the resolution by the SEC staff of the
comment letters identified in Item III above, the Company will report a material
loss for the fiscal year ended June 30, 1999. Until the questions raised in the
Staff's comment letters are resolved, the Company believes it is unable to
accurately estimate its loss for the year ended June 30, 1999.
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