BIG ENTERTAINMENT INC
NT 10-Q, 1998-11-17
RETAIL STORES, NEC
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12B-25
                           NOTIFICATION OF LATE FILING

COMMISSION FILE NUMBER: 0-22908

(Check one)

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

         For Period Ended: SEPTEMBER 30, 1998

         [ ] Transition Report on Form 10-K and Form 10-KSB

         [ ] Transition Report on Form 20-F

         [ ] Transition Report on Form 11-K

         [ ] Transition Report on Form 10-Q and Form 10-QSB

         [ ] Transition Report on Form N-SAR

         For Transition Period Ended:

READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM.  PLEASE PRINT OR TYPE.

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: BIG ENTERTAINMENT, INC.

Former Name if Applicable:

Address of Principal Executive Office (STREET AND NUMBER): 
    2255 GLADES ROAD, SUITE 237 WEST

City, State and Zip Code: BOCA RATON, FLORIDA 33431


<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, 10-KSB, 20-F, 11-K or Form N-SAR, or portion 
                thereof will be filed on or before the 15th calendar day 
                following the prescribed due date; or the subject quarterly 
                report or transition report on Form 10-Q, 10-QSB, 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.

                                    PART III

                                    NARRATIVE

         State below in reasonable detail the reasons why Form 10-K, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof
could not be filed within the prescribed period. (Attach extra sheets if
needed.)

The Registrant experienced a delay in finalizing the reporting of its third 
quarter results due to an extended failure of the computer system containing the
Company's general ledger.

                                     PART IV
                                OTHER INFORMATION

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

      MARCI L. YUNES, CHIEF FINANCIAL OFFICER (561) 998-8000 
      (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:

      [ ] 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.


<PAGE>

                             BIG ENTERTAINMENT, 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 17, 1998      By: /s/ MARCI L. YUNES
                                      ------------------------------------------

                                   Name: MARCI L.YUNES, CHIEF FINANCIAL OFFICER

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.

                                    ATTENTION

      Intentional misstatements or omissions of fact constitute federal criminal
violations (SEE 18 U.S.C. 1001).

                              GENERAL INSTRUCTIONS

      1.  This form is required by Rule 12b-25 of the General Rules and
Regulations under the Securities Exchange Act of 1934.

      2.  One signed original and four conformed copies of this form and
amendment thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General
Rules and Regulations under the Act. The information contained in or filed with
the Form will be made a matter of the public record in the Commission files.

      3.  A manually signed copy of the form and amendments thereto shall be 
filed with each national securities exchange on which any class of securities 
of the registrant is registered.

      4.  Amendments to the notifications must also be filed on Form 12b-25 but
need not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.

      5.  ELECTRONIC FILERS. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties. Filers
unable to submit a report within the time period prescribed due to difficulties
in electronic filing should comply with either Rule 201 or Rule 202 of
Regulation S-T or apply for an adjustment in filing date pursuant to Rule 13(b)
of Regulation S-T.



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