U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
INTERBET, INC.
SEC FILE NUMBER 33-55254-43
CUSIP NUMBER 458431 10 3
(Check One): [X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR
For Period Ended: December 31, 1997
[ ] 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
[ ] Money Market Fund Rule 30b3-1 Filing
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
Part I
INTERBET, INC.
Full Name of Registrant
Former Name, if Applicable
Suite 110, 1777 Botelho Drive
Walnut Creek, California 94596
Address of Principal Executive Office, City, State and Zip Code
<PAGE>
Part II
(a) The reasons described in reasonable detail in Part III of this form could
not be eliminated without unreasonable effort or expense;
(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 fifteenth calendar day following the prescribed
due date; and
Part III
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 has not had funds required to engage and pay for the professional
services, legal and auditing, needed to prepare the information and financial
statements which must be included in the annual report on Form 10-K. The
shortage of funds could not have been eliminated through any effort in view of
the financial condition, business and immediate prospects of the Registrant.
Since the date of the annual report on Form 10-K for the year ended December 31,
1996, the Registrant acquired a development stage business through merger in
June 1997. The business incurred operating losses during the current fiscal
year.
Part IV
(1) Name and telephone number of person to contact in regard to this
notification
Stanley T. Deck, Jr. (510) 296-2400
(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
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.
The Registrant was not engaged in any business during the fiscal year ended
December 31, 1996. In June 1997, the Registrant acquired by merger a development
state company which is anticipated to have incurred operating losses during the
fiscal year ended December 31, 1997. The Registrant did not have any revenues
during that fiscal period.
Interbet, Inc. has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: March 30, 1998
By /s/ Stanley T. Deck, Jr.
Stanley T. Deck, Jr., President and Chief Executive Officer
