SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
COMMISSION FILE NUMBER 033-24178-A
NOTIFICATION OF LATE FILING
|_| Form 10-K |_| Form 11-K |_| Form 20-F |X| Form 10-Q
|_| Form N-SAR
FOR PERIOD ENDED: SEPTEMBER 30, 1999
|_| Transition Report on Form 10-K |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F |_| Transition Report on Form N-SAR
For the Transition Period Ended: _______________________________________
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 SKYLINE MULTIMEDIA ENTERTAINMENT, INC.
Former name if applicable
ADDRESS OF PRINCIPAL EXECUTIVE OFFICE 350 FIFTH AVENUE, SUITE 612
CITY, STATE AND ZIP CODE NEW YORK, NEW YORK 10118
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 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, 20-F, 11-K or Form 10-Q, or portion therof 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
[X] (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.
DURING THE LAST FISCAL YEAR, THE COMPANY HAS EXPERIENCED CHANGES IN KEY
MANAGEMENT PERSONNEL AS WELL AS INDEPENDENT AUDITORS. SPECIFICALLY, IN JUNE
1999, THE COMPANY'S CHIEF FINANCIAL OFFICER RESIGNED, AND THE COMPANY REPLACED
RICHARD A. EISNER & COMPANY, LLP AS ITS INDEPENDENT AUDITORS WITH THE ACCOUNTING
FIRM OF CORNICK, GARBER, AND SANDLER, LLP. AS A RESULT OF THE FOREGOING CHANGES,
THE COMPANY HAS EXPERIENCED SOME DIFFICULTY IN COMPILING THE INFORMATION
REQUIRED TO BE INCLUDED IN THE FORM 10-Q FOR THE RELEVANT FISCAL QUARTER WITHOUT
INCURRING UNDUE HARDSHIP AND EXPENSE. THE REGISTRANT UNDERTAKES THE
RESPONSIBILITY TO FILE SUCH ANNUAL REPORT NO LATER THAN FIVE DAYS AFTER ITS
ORIGINAL DATE.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
RONALD H. AGHASSI (212) 564-2224
(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.
SKYLINE MULTIMEDIA 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 15, 1999 BY /s/Robert Brenner
Robert Brenner, President & CEO
