AURORA ACQUISITIONS INC
NT 10-Q, 1998-08-17
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25
                                                      --------------------
     NOTIFICATION OF LATE FILING                         SEC FILE NUMBER
                                                             0-21025
                                                      --------------------
  (Check One):                                             CUSIP NUMBER
                                                      --------------------

[ ]Form 10-K and Form 10-KSB  [ ]Form 20-F  [ ]Form 11-K  [X]Form  10-Q and
   Form 10-QSB   [ ]Form N-SAR

     For Period Ended:  June 30, 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:  Not Applicable
- --------------------------------------------------------------------------------

     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: Not Applicable

- --------------------------------------------------------------------------------

Part I--Registrant Information
- --------------------------------------------------------------------------------

     Full Name of Registrant:  Aurora Acquisitions, Inc.

     Former Name if Applicable:  Not Applicable

     Address of Principal Executive Office:

              1050 17th Street
              Suite 1700
              Denver, Colorado  80265


                                       -1-


<PAGE>


- --------------------------------------------------------------------------------

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,  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

[ ]  (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 Form 10-K and Form 10-KSB,
20-F,  11-K, 10-Q and Form 10-QSB,  N-SAR,  or the transition  report or portion
thereof could not be filed within the prescribed period.

     The  Registrant is unable to file its  Quarterly  Report on Form 10-QSB for
the period  ended  June 30,  1998  within  the  prescribed  period  because  the
Registrant's counsel has been unable to complete the Quarterly Report due to the
fact that  counsel has been out of the country on business  and is  experiencing
other unexpected  staffing  problems.  The Registrant is,  therefore,  unable to
complete the preparation  and filing of its Quarterly  Report on Form 10-QSB for
the period ended June 30, 1998, within the prescribed period.

- --------------------------------------------------------------------------------

Part IV--Other Information
- --------------------------------------------------------------------------------

     (1) Name and  telephone  number  of  person  to  contact  in regard to this
notification

     Henry F. Schlueter, Esq.          (303)                 292-3883
- --------------------------------------------------------------------------------
            (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


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<PAGE>

     (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.




                            AURORA ACQUISITIONS, 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: August 17, 1998                 By: /s/ David J. Gregarek
                                         ---------------------------------------
                                         David J. Gregarek, Secretary, Treasurer







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.



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