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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25 SEC File Number: 0-21070
CUSIP Number: not applicable
NOTIFICATION OF LATE FILING
(Check One): Form 10-K X Form 10-KSB Form 20-F Form 11-K
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Form 10-Q Form 10-QSB Form N-SAR
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For Period Ended: June 30, 1997
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 10-QSB
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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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
International Tourist Entertainment Corporation
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Full Name of Registrant
not applicable
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Former Name if Applicable
7030 Park Centre Drive
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Address of Principal Executive Office (Street and Number)
Salt Lake City, Utah 84121
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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] The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[ X] The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K, 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, 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
[ ] 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-K, 10-KSB, 20-F,
11-K, 10-Q, 10-QSB or N-SAR or portion thereof could not be filed within the
prescribed time period.
On February 6, 1997, the United States Bankruptcy Court issued
an order confirming the registrant's Plan of Reorganization. The
registrant has been heavily engaged in the implementation of the
Plan of Reorganization and as a result has been unable to finalize
all of the information necessary for the completion and timely
filing of its Annual Report on Form 10-KSB.
Part IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Bob Cardon (801) 566-9000
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(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 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.
INTERNATIONAL TOURIST ENTERTAINMENT CORPORATION
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: 9/29,1997 By /s/ Bob Cardon
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Its Corporate Secretary
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INSTRUCTION: The form may be signed by an executive officer of the registrant
or by any other duly authorized representative. The name and title of the
person signing the form shall be typed or printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
