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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER:
33-36775
CUSIP NUMBER:
N/A
(Check One):
[ ]Form 10-K [ ]Form 20-F [ ]Form 11-K [x]Form 10-Q and Form 10-
QSB[]Form N-SAR
For Period Ended: December 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
For the Transition Period Ended:
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 1-Registrant Information
Summit Securities, Inc.
601 W. 1st Avenue
Spokane, WA 99201-5015
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.
(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 /X/
(c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable. N/A
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Part III-Narrative
State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof could not be
filed within the prescribed period.
The Registrant's personnel primarily responsible for preparation of the
Report did not have adequate time to prepare the report due to the
concurrent preparation of quarterly financial statements for affiliates
and subsidiaries.
Part IV-Other Information
(1) Name and telephone number of person to contact in regard to
this notification: Susan A. Thomson
(509) 835-2139
(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?
[ ] 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.
Summit Securities, Inc. has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
Date: May 14, 1999 By /s/ Greg Gordon
Greg Gordon
Secretary/Treasurer
ATTENTION
Intentional misstatements or omissions of fact constitute Federal
Criminal Violations (see 18 U.S.C. 1001).
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