U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 1-12350
NOTIFICATION OF LATE FILING
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[ X ] Form 10-Q and Form 10-QSB
For Period Ended: March 31, 1996
Nothing in this Form shall be construed to imply that the Commis-
sion 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: QPQ Corporation
Former Name if Applicable: International Pizza Corporation
Address of Principal Executive Office
(Street Number): 1000 Lincoln Road, Suite 210
City, State and Zip Code: Miami Beach, Florida 33139
PART II - RULE 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 appropriate
box.)
[ 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 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 re-
quired by Rule 12b-25(c) has been attached if
applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K,
Form 10-KSB, 11-K, 20-F, 10-Q, Form 10-QSB, N-SAR or transition
report or portion thereof could not be filed within the prescribed
time period.
As a result of unforeseen delays in connection with the
preparation of the registrant's quarterly financial
statements, the registrant is unable to file its
quarterly report on Form 10-QSB within the prescribed
time period. The registrant cannot eliminate the reasons
for its inability to file the foregoing Report without
unreasonable effort and/or expense. The foregoing Report
will be filed no later than the fifth calendar day
following the prescribed due date for the Report.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification:
Mitchell Rubinson (305) 531-5800
(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 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 cannot be
made.
QPQ Corporation
(Name of Registrant as specified in charter)
Has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: May 13, 1996 By: /s/ Mitchell Rubinson
Name: Mitchell Rubinson
Title: Chief Executive Officer