U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 0-18412
CUSIP NUMBER: 728129 10 7
[ ] Form 10-K and Form 10-KSB
[ ] Form 20-F
[ ] Form 11-K
[X] Form 10-Q and Form 10-QSB
For Period Ended: August 31, 1998
[ ] 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
[ ] Money Market Fund Rule 30b3-1 Filing
For the Transition Period Ended: N/A
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: N/A
<PAGE>
Part I. Registrant Information.
The Registrant is Playorena, Inc. (the "Company") and has an address at 150
Vanderbilt Motor Parkway, Suite 311, Hauppauge, New York, 11788.
Part II. Rules 12b-25 (b) and (c)
[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (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; and
(c) The accountant s statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
Part III. Narrative
The Form 10-QSB for the quarter ended August 31, 1998 for the Company,
could not be filed within the prescribed period because the Company was unable
to complete certain information key to filing a timely and accurate report on
the internal financial aspects of the Company, due to its very limited
resources. Such inability could not have been eliminated by the registrant
without unreasonable effort or expense.
Part IV. Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
David N. Feldman, Esq. (212) 869-7000
(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).
[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 to be included in the subject report or portion thereof?
[ ] Yes [X] No
<PAGE>
Playorena, Inc.
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: October 13, 1998 By: /s/ Lawrence Kaplan
Lawrence Kaplan, President
