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
For Period Ended: February 29, 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:____________________________
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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 III, Items 9, 10, 11 and 12.
PART I - REGISTRANT INFORMATION
Trackpower, Inc.
Full Name of Registrant
Former Name if Applicable: American Digital Communications, Inc.
Address of Principal Executive Office (Street and Number)
67 Wall St Suite 2411
New York, NY 10005
City, State and Zip Code
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without reasonable 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 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.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 11-K, 10-Q, N-SAR,
or the transition report or portion thereof, could not be filed within the
prescribed time period.
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See Attachment I
(Attach Extra Sheets if Needed)
SEC 1344 (6/93
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PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Gary Hokkanen (905) 837-9909
(Name) (Area Code) (Telephone Number)
(2) Have all other period 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). |_| 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? |_| 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.
Trackpower, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date 06/28/00 By /s/ Gary Hokkanen
Gary Hokkanen, 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
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Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
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Attachment I
The Registrant is seeking an extension of the period in which
to file the Part III information as part of its Form 10-KSB for the year ended
February 29, 2000 because of difficulties in obtaining the relevant information
due primarily to time constraints imposed on the management of the company
arising from the proposed joint venture with eBet Limited. The Registrant is
currently in the process of completing the remaining portions of the Part III
information, and anticipates that the Part III information will be filed within
the grace period provided for under Rule 12b-25.
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