UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
FORM 12b-25 ------------------------
OMB Number 3235-0058
Expires: May 31,1997
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hours per response..2.50
NOTIFICATION OF LATE FILING
(Check One):
(X) Form 10-K ( ) Form 20-F ( ) Form 11-K ( ) Form 10-Q ( ) Form N-SAR
For Period Ended: December 31, 1996
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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Read Instruction (on back page) 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
Fotoball USA, Inc.
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Full Name of Registrant
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Former Name if Applicable
3738 Ruffin Road
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Address of Principal Executive Office (Street and Number)
San Diego, CA 92123
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City, State and Zip Code
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)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expenses:
(b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or
(X) portion thereof, will be filed on or before the fifteenth
calendar day following the prescribed due date; or the subject
quarterly report of 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.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (See attached Schedule)
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
David G. Forster (619) 467-9900
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(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 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.
Fotoball USA, Inc.
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: March 31, 1997 By: /s/ David G. Forster
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David G. Forster
Vice President - Finance and
Chief Financial Officer
<PAGE>
Schedule to Form 12b-25
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Fotoball USA, Inc. (the "Company") is in the process of obtaining
certain information necessary to complete the Company's Annual Report on
Form 10-KSB for the year ended December 31, 1996 (the "Form 10-KSB"). The
information required to ensure proper disclosure in the Form 10-KSB could
not be timely obtained, and thus the Form 10-KSB could not be timely filed,
without unreasonable effort or expense. As a result, the Company will be
delayed in filing the Form 10-KSB. The Form 10-KSB will be filed within the
time period required by Rule 12b-25.
