SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 0-21821
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NOTIFICATION OF LATE FILING
(CHECK ONE):/ /Form 10-K / /Form 20-F / /Form 11-K /X/Form 10-Q / /Form N-SAR
For Period Ended: SEPTEMBER 30, 1999
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/ / Transition Report on Form 10-K / / Transition Report on Form 10-Q / /
Transition Report on Form 20-F / / Transition Report on Form N-SAR / /
Transition Report on Form 11-K
For the Transition Period Ended:
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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:.
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PART I -- REGISTRANT INFORMATION
Full Name of Registrant: CONSOLIDATED CAPITAL OF NORTH AMERICA, INC.
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Former Name if Applicable:
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Address of principal executive office (Street and number):
410 17TH STREET, SUITE 400
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City, State and Zip Code: DENVER, COLORADO 80202
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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 appropriate box)
/X/ (a) The reason described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
// (b) The subject annual report, semi-annual report, transition report
on Form 10-K, 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; 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, 20-F, 11-K, 10-Q,
N-SAR or the transition report or portion thereof, could not be filed within the
prescribed time period. (Attach extra sheets if needed.)
The Registrant continues to work with its secured lenders in the liquidation of
the assets of its three operating subsidiaries. The Registrant must work with
the Assignees and Receivers to get the applicable financial information. As
such, the Registrant needs additional time in order to accumulate the necessary
information for a correct and timely filing. As a result, the Registrant has
been unable to complete and timely file the subject Form 10-QSB without
unreasonable effort and expense.
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PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Donald R. Jackson 888 313-8051
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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 report(s) been filed? If 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.
AT THE PRESENT TIME THE REGISTRANT CAN NOT MAKE A REASONABLE ESTIMATE OF THE
AMOUNT OF THE LOSS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1999 BUT BASED UPON
INCOMPLETE INFORMATION THE LOSS WOULD BE GREATER THAN THE LOSS INCURRED FOR THE
NINE MONTHS ENDED SEPTEMBER 30, 1998. THE LOSS INCURRED FOR THE NINE MONTHS
ENDED SEPTEMBER 30, 1998 AMOUNTED TO APPROXIMATELY $10 MILLION.
CONSOLIDATED CAPITAL OF NORTH AMERICA, 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 November 15, 1999 By: /s/ Donald R. Jackson
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DONALD R. JACKSON, SECRETARY, TREASURER
