SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File No. 33-26531-LA
Form 10-KSB for Period Ended: 12/31/98
PART - I - Registrant Information
COMMERCIAL LABOR MANAGEMENT, INC.
(Exact name of registrant as specified in its charter)
CIK No. 0000845807
137 North Larchmont Boulevard, #507, Los Angeles, California 90004
(Address of principal executive offices) (Zip Code)
PART II - Rules 12-b25 (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, or 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 filed on or before the fifth calendar day following the prescribed due
date;
(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 and form
10-KSB, 20-F, 1-K, 10-Q, and Form N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period.
Form 10-KSB for Intelliquis, Inc. could not be filed within
the prescribed period due to the audit not being completed in
the time period necessary for current filing.
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Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Ed Torres
(562) 754-3334
(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 the answer is no,
identify report(s).
Yes
(3) It is anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
effected by the earnings statements to be included in the subject report or
portion thereof?
An increase of liabilities and operating losses of
approximately $32,000 will be effected in the earnings
statement. Further, the Company wrote off an estimated tax
benefit of $202,000 in 1998 as unrealizable.
Registrant has caused this notification to be signed on its behalf by
the undersigned thereunto duly authorized.
Dated: March 31, 1999 COMMERCIAL LABOR MANAGEMENT, INC.
/s/ Edward Torres
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President
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ARMANDO C. IBARRA
Certified Public Accountant
A Professional Corporation
637 Third Avenue, Suite H
Chula Vista, CA 91910
(619) 422-1348
ACCOUNTANT'S STATEMENT
Re: COMMERCIAL LABOR MANAGEMENT, INC.
To Whom It May Concern:
We are the auditors for COMMERCIAL LABOR MANAGEMENT, INC. and have
audit procedures underway for the fiscal year ending December 31, 1998; however,
the audit has not been finalized within the time frame necessary for current
filing.
Dated: March 31, 1999 Armando C. Ibarra
/s/ Armando C. Ibarra, Sr.
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