UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 0-17963
CUSIP NUMBER:
Check one: X Form 10-K Form 20-F Form 11-K
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Form 10-Q Form N-SAR
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For Period Ended: September 30, 1997
PART I. - REGISTRANT INFORMATION
A. Full Name of Registrant - (DE) U.S. ENVIRONMENTAL, INC.
B. Address of Principal Office - 201 East Kennedy Blvd., Suite 1900
Tampa, Florida 33602
PART II. - RULES 12b-25(b) AND (c)
The subject report could not be filed without reasonable effort or
expense and the Registrant seeks relief pursuant to Rule 12b-25(b). The
Registrant states the following:
A. The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
B. The subject annual report on Form 10-KSB will be filed on or
before the fifteenth calendar day following the prescribed due date;
C. The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached.
PART III. - NARRATIVE
The Registrant has recently installed new officers to run the
Company. Since installing the new officers, the Registrant has been
diligently attempting to update its quarterly filings and complete
its audited financial statements for the year ended September 30, 1997
as required by Rule SB. The prior management has not been helpful
in providing the information necessary to complete these filings.
Because of the significant amount of work needed to complete the
annual report and past quarterly filings, it is not possible to timely
complete the necessary financial reports without unreasonable effort of
expense. This fact is confirmed by the Registrant's certified public
accountants, Pender Newkirk & Company, in an attached letter.
The Registrant and its certified public accountants are confident that
they can complete the financial statements within the additional time
period allowed by the filing of this Form 12b-25.
PART IV. - OTHER INFORMATION
A. Name of Person to Contact in Regard to this Notification:
Bob Lewis, 813-282-0545
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B. Have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 during the preceding 12 months
or for such shorter period that the registrant was required to file such
report(s) been filed: Yes XX No
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If answer is no, identify report(s): Form 10-QSB 12/31/96,
Form 10-QSB 3/31/97, Form 10-QSB 6/30/97
C. It is not 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.
U.S. ENVIRONMENTAL, INC. has caused this notification to be signed on its
behalf by the undersigned hereunto duly authorized.
By: /s/Robert W. Lewis
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Robert W. Lewis, C.F.O.
Date: December 29, 1997
