SEC File Number: 0-10593
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One)
[_] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[x] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: July 31, 1999
[ ] 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: N/A
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Nothing in this Form shall be construed to imply that the Commission has
verified any information contained herein.
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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:__________________________________
Part I - Registrant Information
Full Name of Registrant: Candie's, Inc.
Former name if applicable: Millfeld Trading Co., Inc.
Address of Principal
Executive Office (Street and Number): 2975 Westchester Avenue
Purchase, New York 10577
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
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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;
[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-K or 10-KSB, Form 20-F, Form 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 10-QSB, 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 or 10-KSB,
20-F, 11-K, 10-Q or 10-QSB, N-SAR or the transition report or portion thereof,
could not be filed within the prescribed time period.
The Form 10-Q for the quarter ended July 31, 1999 could not be filed within
the prescribed time period due to unforeseen difficulties arising in connection
with its preparation primarily relating to the inability of the registrant to
complete the financial statements required in the Form 10-Q on a timely basis.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Deborah K. Sorell, Esq. (914) 694-8600
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 of 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 [x] No
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Annual Report on Form 10-K for the fiscal year ended January 31, 1999 and
Quarterly Report on Form 10-Q for the quarter ended April 30, 1999.
(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? [X ] Yes [ ] 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.
Candie's, Inc.
(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 15, 1999 /s/ Neil Cole
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Neil Cole,
Chief Executive Officer
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ATTACHMENT TO PART IV OF
FORM 12b-25 OF
CANDIE'S, INC.
With respect to its Form 10-Q for the fiscal quarter
ended July 31, 1999
The registrant is unable at this time to quantify its financial results for
its fiscal quarter ended July 31, 1999 due to its delay in completing the
financial statements for the quarter ended July 31, 1999. The quarterly
financial statements could not be completed on a timely basis due to, among
other things, the timing of the completion of the registrant's financial
statements for its fiscal year ended January 31, 1999. However, the registrant
does expect that the financial statements for its fiscal quarter ended July 31,
1999 will reflect operating and net losses compared to operating and net income
for the comparable quarter in 1998.
