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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 0-23278
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NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K [ ] Form 11-K [ ] Form 20-F [X] Form 10-Q
[ ] Form N-SAR
For Period Ended: MARCH 31, 1997
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[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-K [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended:
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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:
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Part I. Registrant Information
Full name of registrant: BRAZIL FAST FOOD CORP.
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Former name if applicable
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Address of principal executive office (Street and number)
Praia do Flamengo
200-22 o Andar
CEP 22210-030
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City, state and zip code RIO DE JANEIRO, BRAZIL
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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, 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, or portion thereof will be
filed on or before the fifth calendar day following the prescribed due date;
and
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[ ] (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, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period.
Registrant's operations are conducted wholly within the Federative Republic
of Brazil. Logistical and communications difficulties between Registrant's
executive offices in Rio de Janeiro and its New York based accountants will
preclude completion of the subject Report by the prescribed due date.
Part IV. Other Information
(1) Name and telephone number of person to contact in regard to this
notification
IRA I. ROXLAND (212) 688-7000
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(Name) (Area Code and 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.
See attachment.
BRAZIL FAST FOOD CORP.
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(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 15, 1997 By /s/ ROGERIO CARLOS LAMIM BRAZ
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President
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ATTACHMENT
to
FORM 12b-25
Registrant anticipates reporting a net loss of R$(1,555,000), or R$(.13)
per share, upon revenues of R$19,201,000 for the three months ended March 31,
1997.
On March 19, 1996, Registrant acquired Venbo Comercio de Alimentos Ltda., a
Brazilian limited liability company which conducts business under the tradename
"Bob's." Prior thereto, Registrant existed as a "blank check" company, solely
to serve as a vehicle to effect a merger, exchange of capital stock or similar
business combination. Consequently, Registrant's operating results for the
three months ended March 31, 1997 are not comparable to those for the three
months ended March 31, 1996.
