UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTICE OF LATE FILING
Commission File Number:
(Check one)
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F and
[ X ] Form 10-QSB [ ] Form N-SAR
For Period ended: June 30, 1998
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[ ] Transition Report on Form 10-K and Form 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 Transition Period Ended:
Read Attached Instruction Sheet before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply 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: Capital Growth Holdings, Ltd.
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Former Name if Applicable: N/A
Address of Principal Executive Office (Street and Number): 660 Steamboat Road
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City, State and Zip Code: Greenwich, Connecticut 06830
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<PAGE>
PART II
RULES 12b-25(b) AND (c)
If the subject report cou7ld 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).
(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort of expense;
[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or portion 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
(c) The accountants 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 Form 10-K, 10-KSB, 11-K,
20-F, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof could not
be filed within the prescribed period. (Attach extra sheets if needed.)
The SEC has mandated that the footnotes to the Registrant's financial statement
include summary financial results for First American Railways, Inc.,, a public
company in which the Registrant has a significant investment in. As First
AMerican Railways, Inc. does not have their financial results available to us at
this time, we are unable to complete the footnotes to the Registrant's financial
statements required for our 10Q filing.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Michael S. Jacobs (203) 861-7750
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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
registrant was required to file such report(s)) been filed? If the answer is no
t, identify report(s).
[ X ] Yes [ ] No
- ----- -----
It is 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 poriton thereof:
[ ] Yes [ X ] No
- ----- -----
If so: attach an explanation of the anticipated change, both narratively
and quantitively, and, if appropriate, state the reasons whgyu a reasonable
estimate of teh reults cannot not be made.
<PAGE>
Capital Growth Holdings, Ltd.
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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: August 14, 1998 By:
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Name: Michael S. Jacobs
Title: Senior Vice President
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
1. This form is required by Rule 12b-25 of the General Rules and
Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and
Exchange Commission, Washington. D.C. 20549, in accordance with Rule 0-3 of
the General Rules and Regulations under the Act. The information contained
in or filed with the Form will be made a matter of public record in the
Commission files.
3. A manually signed copy of the form and amendments thereto shall be
filed with each national securities exchange on which any class of
securities of the registrant is registered.
4. Amendments to the notifications may also be filed on Form12b-25
but need not restate information that has been correctly furnished. The
form shall be clearly identified as an amended notification.
5. Electronic Files. This form shall not be used by elect4r5onic
filers unable to timely file a report solely due to electronic difficulties
Filers unable to submit a report within the time period prescribed due to
difficulties in electronic filing should comply with either Rule 201 or
Rule 202 or Regulation S-T or apply for an adjustment in filing date
pursuant to Rule 13(b)or Regulation S-T
