SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Notification of Late Filing
Commission File Number 0-18224
(CHECK ONE): X Form 10-K and Form 10-KSB
---
--- Form 11-K
--- Form 20-F
--- Form 10-Q and Form 10-QSB
--- Form N-SAR
For period ended June 30, 1996
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--- Transition Report on Form 10-K and 10-KSB
--- Transition Report on Form 20-F
--- Transition Report on Form 11-K
--- Transition Report on Form 10-Q and Form 10-QSB
--- 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
Full name of registrant NuOasis Gaming, Inc.
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Former name if applicable E.N. Phillips Company
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Address of principal executive office (Street and Number)
2 Park Plaza, Suite 470
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City, State and Zip Code Irvine, California 92614
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<PAGE>
PART II
RULE 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 appropriate boxes.)
(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, semiannual report,
--- transition report on Forms 10-K, 10- KSB, 20-F,
11-K or Form N-SAR, or portions thereof will be
filed on or before the 15th calendar day following
the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, 10-QSB,
or portion thereof will be filed on or before the
fifth calendar day following the prescribed due
date; and
X (c) The accountant's statement or other exhibit
--- required by Rule 12b-25(c) has been attached if
applicable.
PART III
NARRATIVE
Not applicable.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification.
Steven H. Dong (714) 533-5382, ext. 21
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or
15(d) or 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 periods 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
--- ---
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<PAGE>
The Registrant's wholly-owned subsidiary, Ba-Mak (whose consolidated
operations constituted the Registrant's only revenue-producing operation in
fiscal year 1995) suffered substantial losses since inception and on October 28,
1994 filed a Chapter 11 Petition with the United States District Court
(Bankruptcy Division) for the Eastern District of Louisiana, Bankruptcy Case
#94-13661. In April 1995, Ba-Mak's operations ceased following the Bankruptcy
Court's conversion of its Chapter 11 proceeding into a Chapter 7 of the
Bankruptcy Code. The Chapter 7 Trustee took possession of Ba-Mak's assets and
liquidated such assets for the benefit of Ba-Mak's bankruptcy estate. The
Registrant had no current operations during the nine months ended June 30, 1996.
As a result, it is anticipated that the earnings statements will reflect the
change in operations from the prior year.
NuOasis Gaming, 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
thereunto duly authorized.
Date: September 27, 1996 By:/s/Steven H. Dong
--------------------------
Steven H. Dong,
Chief Financial Officer
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<PAGE>
RAIMONDO, PETTIT & GLASSMAN
PARTNERSHIP INCLUDING PROFESSIONAL CORPORATIONS
ACCOUNTANTS AND CONSULTANTS
UNION BANK TOWER, SUITE 1250
TELEPHONE (310) 540-5990 FAX (310) 543-3066D
TORRANCE, CALIFORNIA 90503
Carol Raimondo, CPA*
Timothy D. Pettit, CPA*
Kurt S. Glassman, CPA
Grant N. Niman, CPA*
Jacques Welche, CPA*
J. Ten Vidman, CPA
Gene E. Lim, CPA
Patricia E. Lemire, CPA
Michael C. Hotra, CPA
Rhonda Richlen, CPA
* A Professional Corporation
September 23, 1996
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549
Gentlemen:
This letter is written in response to the requirement of Rule 12b-25(c) under
the Securities Exchange Act of 1934 and in satisfaction of item (c) of Part II
of Form 12b-25.
We are the independent auditors of NuOasis Gaming, Inc. (the "Registrant"). The
Registrant has stated in Part III of its filing Form 12b-25 that is unable to
timely file, without unreasonable effort or expense, its Annual Report on Form
10-KSB for the period ended June 30, 1996. This firm is unable to render its
report on or before September 28, 1996 because our firm has not yet completed
our audit of the financial statements of the Registrant for the period ended
June 30, 1996.
We hereby advise you that we have read the statement made by the Registrant in
Part III of its filing on Form 12b-25 and agree with the statements made
therein.
Very truly yours,
/s/Raimondo, Pettit & Glassman
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