U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One)
[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: June 30, 1996
[ ] 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:
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:. Not Applicable
...............................................................................
Full Name of Registrant: Continental American Transportation, Inc.
...............................................................................
Address of principal Executive Office (Street and Number)
495 Lovers Lane Road, Calhoun, Georgia, 30701
...............................................................................
City, State and Zip Code
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 on Form 10-KSB will be filed on
or before October 14, 1996, the fifteenth calendar day following the
prescribed due date, September 28, 1996; and
(c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable: Not Applicable.
<PAGE>
PART III--Narrative
Registrant, dated September 26, 1996.
PART IV--Other Information
(1) Name and telephone number of person to contact in regard to this
notification
Erik Bailey, Vice President/CFO (706) 629-8682
..............................................................................
(Name) (Area Code)(Telephone Number)
(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 statements to be included in the subject report
or portion thereof?:
[X] Yes [ ] No
Please see letter, dated September 26, 1996 from Erik Bailey,
President and Chief Executive Officer of Registrant explaining the anticipated
changes, both narratively and quantitatively, of any significant changes in
the results of operations for Registrant's fiscal year ended June 30, 1996
from the Registrant's fiscal year ended June 30, 1995, which will be reflected
in the Registrant's earnings statements.
Continental American Transportation,Inc.
...............................................................................
(Name of Registrant as specified in charter)
has caused this notification to be signed on behalf by the undersigned
thereunto duly authorized
Date...September 26, 1996.......... By..s/Erik Bailey.........................
Erik Bailey, Vice President
Chief Financial Officer
<PAGE>
Continental American Transportation, Inc.
495 Lovers Lane Road
Calhoun, Georgia 30701
(706)629-8682
September 26, 1996
VIA EDGAR FILING
Filing Desk
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Continental American Transportation, Inc.
Commission File No. 0-18279
Form 12b-25 re Form 10-KSB for Fiscal Year Ended
June 30, 1996
Dear Ladies and Gentlemen:
Pursuant to Rule 0-3 of the General Rules and Regulations
promulgated under the Securities Exchange Act of 1934, as amended
(the "Act"), attached hereto for filing please find one (1)
conformed signature copy of Form 12b-25 submitted herewith for
filing pursuant to Rule 12b-25 of the Act.
PART III - NARRATIVE
Please be advised that Registrant's accountants, managers and
independent auditors have been engaged in preparing all of the
portions of Registrant's Annual Report on Form 10-KSB for the
fiscal year ended June 30, 1996 during the last 90 days and will
not be able to complete all of the portions contained in said Form
10-KSB on or before September 28, 1996, without incurring
unreasonable expense and enduring unreasonable burdens in the
preparation thereof.
PART IV - OTHER INFORMATION
(3) Please be advised that Registrant expects significant
changes in the results of Registrant's operations from the year
ended June 30, 1995, that will be reflected by the earnings
statements to be included in the Registrant's Annual Report on Form
10-KSB for its fiscal year ended June 30, 1996, as follows:
Registrant's management reasonably estimates that Registrant will
reflect a loss in the approximate amount of $1,500,000 for the year
ended June 30, 1996. This estimated result in the earnings of
Registrant is based upon various factors, including but not limited
to (a) Registrant's acquisition of Carpet Transport, Inc. and its
affiliates, Chase Brokerage, Inc. and A & P Transportation, Inc.,
with an effective date of March 1, 1996, and the consolidated
results of operations following such acquisitions reflecting a loss
for the nine months ended March 31, 1996, of $1,437,041 as set
forth on Registrant's Consolidated Statements of Operations
(Unaudited) included in Registrant's quarterly report filed on Form
10-QSB for the quarter ended March 31, 1996, and (b) Registrant's
<PAGE>
management's review of the results of operations from April 1,
1996, and continuing for the three month period ended June 30,
1996.
Registrant hereby undertakes to file the subject Form 10-KSB
on or before October 14, 1996.
Very truly yours,
CONTINENTAL AMERICAN TRANSPORTATION, INC.
By: s/Erik Bailey
Erik Bailey, Vice President
Chief Financial Officer
cat12b5.25
