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EXHIBIT 5-1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): [X] Form 10-K [_] Form 20-F [_] Form 11-K
[ ] Form 10-Q [_] Form N-SAR
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For Period Ended: 12-31-95 | SEC FILE NUMBER |
------------------------------------ | 0-17529 |
[_] Transition Report on Form 10-K --------------------
[_] Transition Report on Form 20-F --------------------
[_] Transition Report on Form 11-K | CUSIP NUMBER |
[_] Transition Report on Form 10-Q | 298738 10 5 |
[_] Transition Report on Form N-SAR --------------------
For the Transition Period Ended:
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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
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Full Name of Registrant
Europa Cruises Corporation
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Former Name if Applicable
150 - 153rd Ave., East, Suite 200,
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Address of Principal Executive Office (Street and Number)
Madeira Beach, FL 33708
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City, State and Zip Code
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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 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;
| (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
[X] | 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 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.
Due to unforseen circumstances, an appraisal report required for the auditors
opinion will not be available until after March 31, 1996. A signed statement by
the appraiser is attached.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Debra Gladstone 813 393-2885
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(Name) (Area Code) (Telephone Number)
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(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 the answer is no, identify report(s). [X] Yes [_] No
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(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 narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
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EUROPA CRUISES CORPORATION
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date March 28, 1996 By /s/ Debra Gladstone
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Debra Gladstone,
Chief Financial Officer
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[LETTERHEAD OF J. DANIEL SCHROEDER APPRAISAL COMPANY APPEARS HERE]
March 28, 1996
Ms. Debra Gladstone
Europa Cruises Corp.
150 153rd Avenue
Suite 200
Madeira Beach, FL 33708
Re: Diamondhead Property Appraisal
Dear Ms. Gladstone,
Due to unforeseen complications in scheduled projects and staffing limitations,
we cannot complete the required appraisal of the 404 acres of property in
Diamondhead, Mississippi, owned by Europa Cruises Corp. until April 4, 1996. We
apologize for your inconvenience. Glad to be of service to you.
Yours Truly,
/s/ J. Daniel Schroeder /s/ Kevin R. Behrendt
J. Daniel Schroeder Kevin R. Behrendt
Certified General Appraiser Licensed Appraiser
License Number GA-150 License Number LA-536
