MANUAL COPY
Form 12b-25
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Commission File No.
0-18866
CUSIP Number
320940109
NOTIFICATION OF LATE FILING
( Check One )
[ X ] Form 10-KSB [ ] Form 11-K [ ] Form 20-F [ ] Form10-Q
[ ] Form N-SAR
For Period Ended: June 30, 1996
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:
n/a
Part I - Registrant Information
Full Name of Registrant: First National Entertainment Corp.
Former Name if Applicable: 1st National Film Corp.
Address of Principal Executive Office: 600 Enterprise Drive,
Suite 109
City, State and Zip Code: Oak Brook, Illinois
60521
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)
[ 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 or semi-annual
report/portion thereof will be filed on or before the fifteenth
calendar day following the prescribed due date; or the subject
quarterly report/portion thereof will be filed on or before the
fifteenth 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-KSB,
11-K, 20-F, 10-Q or N-SAR or portion thereof could not be filed
within the prescribed time period.
On September 16, 1996, the Company engaged new public accountants
for the purposes of auditing its financial statements for the
fiscal year ending, June 30, 1996.
As of the date of this filing, that audit remains in progress.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification:
Stephen J. Denari, (630) 573-8209
(2) Have all other periodic reports required under section 13 or
15 (d) of the Securities and 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 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 can not be made.
FIRST NATIONAL ENTERTAINMENT CORP.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: September 30, 1996 By:
____________________________
Stephen J. Denari,
President
Form 12b-25
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Commission File No.
0-18866
CUSIP Number
320940109
NOTIFICATION OF LATE FILING
( Check One )
[ X ] Form 10-KSB [ ] Form 11-K [ ] Form 20-F [ ] Form10-Q
[ ] Form N-SAR
For Period Ended: June 30, 1996
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:
n/a
Part I - Registrant Information
Full Name of Registrant: First National Entertainment Corp.
Former Name if Applicable: 1st National Film Corp.
Address of Principal Executive Office: 600 Enterprise Drive,
Suite 109
City, State and Zip Code: Oak Brook, Illinois 60521
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)
[ 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 or semi-annual
report/portion thereof will be filed on or before the fifteenth
calendar day following the prescribed due date; or the subject
quarterly report/portion thereof will be filed on or before the
fifteenth 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-KSB,
11-K, 20-F, 10-Q or N-SAR or portion thereof could not be filed
within the prescribed time period.
On September 16, 1996, the Company engaged new public accountants
for the purposes of auditing its financial statements for the
fiscal year ending, June 30, 1996.
As of the date of this filing, that audit remains in progress.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification:
Stephen J. Denari, (630) 573-8209
(2) Have all other periodic reports required under section 13 or
15 (d) of the Securities and 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 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 can not be made.
FIRST NATIONAL ENTERTAINMENT CORP.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: September 30, 1996 By: /s/ Stephen J. Denari
Stephen J. Denari, President
