LONG DISTANCE DIRECT HOLDINGS INC
NTN 10Q, 1996-05-23
BLANK CHECKS
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                                UNITED STATES                  OMB APPROVAL
                      SECURITIES AND EXCHANGE COMMISSION  OMB Number:  3235-0058
                            Washington, D.C. 20549        Expires: June 30, 1994
                                                          Estimated average 
                                                          burden hours per
                                                          response ......... 2.5

                                 FORM 12b-25                 SEC FILE NUMBER
                                                              33-26019-LA

                          NOTIFICATION OF LATE FILING          CUSIP NUMBER
                                                               54265Q 10 9

(Check One) __ Form 10-K  __ Form 20-F __ Form 11-K  XX Form 10-Q __ Form N-SAR

                 For Period Ended: 3/31/96  
                 [  ]     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 Transition Period Ended:____________________________

 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:
- --------------------------------------------------------------------------------

PART I - REGISTRANT INFORMATION

- --------------------------------------------------------------------------------
Full Name of Registrant

                Long Distance Direct Holdings, Inc.
- --------------------------------------------------------------------------------
Former Name if Applicable

                Golden Ark, Inc.
- --------------------------------------------------------------------------------
Address of Principal Executive Office (STREET AND NUMBER)

                1 Blue Hill Plaza
- --------------------------------------------------------------------------------
City, State and Zip Code

                Pearl River, NY 10965
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)

         (a)     The reasons described in reasonable detail in Part III of this
                 form could not be eliminated without unreasonable effort or
                 expense;

 XX      (b)     The subject annual report, semi-annual report, transition
                 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 of 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 the Form 10-K, 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)

         Resignation of auditors as previously notified with the Commission
under form 8-K, has caused delay in filing. Registrant has appointed new
auditors and anticipates filing on or about June 15, 1996.
                                                (Attach Extra Sheets if Needed)
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PART IV - OTHER INFORMATION

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

              Michael Preston               914                 620-0765
         --------------------------     -----------        ------------------
                  (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 reports
         been filed?  If answer is no identify report(s).
         __ Yes   XX No (Form 10-K for period ended 12/31/95)

(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   XX 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:

- --------------------------------------------------------------------------------

                      Long Distance Direct Holdings, Inc.
             ------------------------------------------------------
                  (Name of Registrant as Specified in Charter)

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


Date     5/23/96                      By   /s/ Michael Preston      
                                       ----------------------------------------
                                          Michael Preston, 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
  Intentional misstatements or omissions of fact constitute Federal Criminal
                       Violations (See 18 U.S.C. 1001).


                              GENERAL INSTRUCTIONS

1.       This form is required by Rule 12b-25 (17 CFR 240.12b-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 must also be filed on form 12b-25 but
         need not restate information that has been correctly furnished.  The
         form shall be clearly identified as an amendment notification.


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