U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER
[0-208848]
(Check One): CUSIP NUMBER
[91359C 307]
[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: December 31, 1998
[ ] Transition Report on Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-QSB
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:_______________________
Part I - Registrant Information
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UNIVERSAL HEIGHTS, INC.
__________________________________________
Full Name of Registrant
2875 N.E. 191 STREET, SUITE 400A
__________________________________________
Address of Principal Executive Office (Street and Number)
MIAMI, FLORIDA 33180
__________________________________________
City, State and Zip Code
Part II - Rules 12b-25(b) and (c)
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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]
<PAGE>
(b) The subject annual report, semi-annual report, transition report on
Form 10-KSB, 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 of transition on Form 10-QSB, 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. [ ]
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PART III - NARRATIVE
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State below in reasonable detail the reasons why the Form 10-KSB, 10-QSB, N-SAR,
or the transition report or portion thereof, could not be filed within the
prescribed time period.
On February 8, 1999, the Company engaged Deloitte & Touche LLP as its
independent accountants, as described in the Form 8-K filed by the Company with
the Securities and Exchange Commission on February 12, 1999, and amended on
February 26, 1999. Deloitte & Touche LLP has informed the Company that it will
require some additional time to complete its audit of the Company's financial
statements for the fiscal year ended December 31, 1998. In addition, the Company
believes that conclusion of the audit and consultation with Deloitte & Touche
LLP is necessary in order to complete the narrative portions of its Annual
Report on Form 10-KSB for the year ended December 31, 1998. The Company expects
to file its Annual Report on Form 10-KSB for the year ended December 31, 1998 on
or before April 15, 1999.
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification:
Bradley I. Meier 305-792-4200
(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 reports) been filed? If
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
<PAGE>
Universal Heights, Inc.
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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.
Date March 31, 1999 By: /s/ Bradley I.Meier
_______________________________
Name: Bradley I. Meier
Title: President, Chief Executive
Officer and Chairman
