PROFESSIONAL WRESTLING ALLIANCE CORP
NT 10-K, 2000-03-29
PATENT OWNERS & LESSORS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

             [x] Form 10-K [ ] Form 20-F [ ] Form 11-K [] Form 10-Q

For Period Ended: December 31, 1999 . . . . . . . . . SEC FILE NUMBER 033-24108D
                                                      CUSIP NUMBER   74315V 10 6


[ ]  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 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: Entire Form 10-K

Part I - Registrant Information

         Full Name of Registrant    Professional Wrestling Alliance Corporation
                                    ------------------------------------------

         Former Name if Applicable                                     N/A
                                                                       ---

         Address of Principal Executive Office:
                  15692 Gault Street
                  Van Nuys, California 81406

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 box if appropriate)

         (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  2-F,  11- F, or From  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


<PAGE>



         (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 form 10-K, 11-K, 20-F,
10-Q or N-SAR or portion  thereof could not be filed within the prescribed  time
period.

The Company has undergone a recent change of management and  directors.  Because
of the  changes,  the  Company is unable to file timely  without  undue cost and
effort.

Part IV - Other Information

         (1)      Name  and  telephone  number of person to contact in regard to
                  this notification.

                           Barry Vichnick    President          (818) 786-7154
                           ----------------------------------------------------
                           (Name)           (Title)         (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 12 months or for
                  such shorter  period that the  registrant was required to file
                  such  report(s)  been  filed?  If the  answer if 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?

                                                               ( ) Yes  (X ) No

                  If so, attach an explanation of the anticipated  change,  both
                  narrative and quantitatively,  and, if appropriate,  state the
                  reasons why a  reasonable  estimate  of the results  cannot be
                  made - Corporate offices and management changes.

                                                                            N/A

                   Professional Wrestling Alliance Corporation
       -----------------------------------------------------------------
                  (Name of Registrant as specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.


Date: March 24, 2000                                 By:   /s/ Barry Vichnick
      --------------                                    ------------------------
                                                            Name: Barry Vichnick
                                                             Title:    President







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