UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number
0-18995
Cusip Number
458744109
(Check One) [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K
[X] Form 10-Q [ ] Form N-SAR
For Period Ended: June 30, 1997
[ ] 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 Period Ended:___________________
Read instructions (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.
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 (Official Text)
Full Name of Registrant:
Interline Resources Corporation
Former Name if Applicable
N/A
Address of Principal Executive Office (Street and Number)
160 W. Canyon Crest Rd.
City, State and Zip Code
Alpine, UT 84004
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 reasonable effort or
expense;
[X] (b) The subject annual report or semi-annual report on Form
10-K, Form 20-F, 11-K, 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 files
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 the Form 10-K,
11-K, 10-Q, N-SAR, or the transition report or portion thereof,
could not be files within the prescribed time period.
Company representatives were unable to assemble the materials
necessary for a complete filing in a timely manner.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Mark Holland 801-756-3031
(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 statement to be included in the
subject report of 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.
The Company has sold significant assets. This quarter's
report will be presenting discontinued operations, and the
presentations may be somewhat dissimilar in form from what was
previously presented.
In addition, the Company has been involved in litigation
regarding the payment of approximately $2.3 million for the
interest of a used oil refinery and regarding a petition filed by
two parties for involuntary bankruptcy under Chapter 7 of the
federal bankruptcy laws. The Company's officers have been involved
in the litigation and have not been able to complete the quarter's
results in an accurate and timely manner.
INTERLINE RESOURCES CORPORATION
____________________________________________________
(Name of Registrant as specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: August 14, 1997 By: /s/ Mark W. Holland
Mark Holland
Chief Financial Officer
