UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number 0-22282
Cusip Number 90330 N 101
[X] Form 10-Q for quarter ended September 30, 1999
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:
PART I - REGISTRANT INFORMATION
(Full Name of Registrant) USCI, Inc.
(Former name if applicable)
(Address of Principal Executive Office) 6115-A Jimmy Carter Blvd.
(City, State and Zip Code) Norcross, Georgia 30071
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;
(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.
<PAGE>
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 Quarterly Report on Form 10-Q for the period ended September 30, 1999
is not being filed within the prescribed period due to the Chapter 11
filing of the Registrant's wholly-owned operating subsidiary.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in
regard to this notification
Robert J. Kostrinsky (770) 840-8888
(Name) (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.
Explanation: The Registrant expects that the losses incurred for the
quarter ended September 30, 1999 will exceed the losses reported for the
quarter ended September 30, 1998. The financial statements reflecting such
losses have not yet been completed.
<PAGE>
USCI, 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: November 16, 1999 By /s/ Robert J. Kostrinsky
Robert J. Kostrinsky,
Chief Financial Officer
