UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
SEC FILE NUMBER
NOTIFICATION OF LATE FILING 0-28154
FORM 10-KSB CUSIP NUMBER
651053
For Period Ended: December 31, 1996
[Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.]
PART I - REGISTRANT INFORMATION
NEWCARE HEALTH CORPORATION
--------------------------
Full Name of Registrant
Not Applicable
-------------------------
Former Name if Applicable
3600 Oak Manor Lane, Building 4
--------------------------------------------------------
Address of Principal Executive Office (Street and Number)
Largo, Florida 34644
------------------------
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 expense;
(b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be
filed on or before the fifteenth calendar day following the
[X] 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 has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
On February 6, 1997, the Registrant engaged Laney, Boteler & Killinger as its
independent accountants for the fiscal year ended December 31, 1996. This
change in accountants was reported by the Registrant by a Current Report on
Form 8-K, filed with the Commission on February 26, 1997.
Due to this recent change of accountants, the Registrant has not had the
opportunity to provide all necessary documentation to its accountants in order
to acquaint it with its prior operations in order to prepare the financial
statements for the December 31, 1996 fiscal year. Thus, the Registrant is
unable to file its Annual Report on Form 10-KSB in a timely manner by the
current due date.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Jon D. Sawyer 303/893-2300
------------- -----------------------------
(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
reports) 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 qualitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
- ------------------------------------------------------------------------------
NEWCARE HEALTH CORPORATION
-------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
NEWCARE HEALTH CORPORATION
Date: March 31, 1997 By /s/ Ashok Dalal
Ashok Dalal
Executive Vice President
[ATTENTION: Intentional misstatements of omissions of fact constitute Federal
Criminal Violations (See 18 U.S.C. 1001).]