US SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SEC File No.: 0-18344 CUSIP Number: 835 765 10 8
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NOTIFICATION OF LATE FILING
[ ] Form 10-KSB [ ] Form 11-K [ ] Form 20-F [X] Form 10-QSB
For the fiscal year ended June 30, 1997
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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 related:
PART I -- REGISTRANT INFORMATION
Full Name of Registrant: Sooner Holdings, Inc.
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Former Name if Applicable: N/A
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Address of Principal Executive
Office: 2680 W. I-40, Oklahoma City, OK 73108
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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;
{
[X] {------ (b) The subject annual report will be filed on or before
{ the fifteenth calendar day following the prescribed
{ due date; or the subject quarterly report 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.
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PART III -- NARRATIVE
State below in reasonable detail the reasons why the Form 10-KSB, 11-K,
20-F, or 10-QSB or portion thereof could not be filed within the prescribed time
period.
One of the Registrant's subsidiaries, SD Properties, Inc., had several
transactions in the second quarter which information was late in being provided
to the parent for consolidation. The Registrant has just obtained this financial
information necessary for completion of the quarterly financial statements. This
information could not be compiled timely or resolved without unreasonable effort
and expense and for this reason, the Registrant's Form 10-QSB for the quarter
ended June 30, 1997 could not be filed when due. The Registrant will file its
Form 10-QSB prior to the 5 day time frame prescribed pursuant to 12b-25.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
notification:
R. C. Cunningham II, CEO and President (405) 236-8332
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(Name) (Area Code and Telephone No.)
(2) Have all other periodic reports required (under Section 13 or 15(d) of
the Securities Exchange Act of 1983) during the preceding 12 months (or
for such shorter period that the Registrant was required to file such
reports) been filed? If answered 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 cannot be made.
PART V -- SIGNATURES
SOONER HOLDINGS. INC.
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(Name of Registrant as specified in charter)
The Registrant has caused this notification to be signed on its behalf
by the undersigned thereunto duly authorized.
Dated: August 13, 1997
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By: /s/ Lanny R. Lang
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Lanny R. Lang
Treasurer
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