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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 000-23835
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NOTIFICATION OF LATE FILING
(Check One): /X/ Form 10-K Form 11-K Form 20-F Form 10-Q Form N-SAR
For Period Ended: June 30, 2000
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Transition Report on Form 10-K Transition Report on Form 10-Q
Transition Report on Form 20-F Transition Report on Form N-SAR
Transition Report on Form 11-K
For the 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 HomeSeekers.com, Incorporated
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Former name if applicable
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Address of principal executive office (STREET AND NUMBER)
6490 South McCarran Boulevard, Suite D-28
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City, state and zip code Reno, Nevada 89509
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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 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 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
/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 (Attach extra sheets if needed.)
The Company has not, without unreasonable effort or expense, been able
to complete its Form 10-KSB for the year ended June 30, 2000 (the "Form
10-KSB") by the close of business on September 28, 2000 because:
(i) The Company's chief financial officer resigned in May 2000.
(ii) On September 7, 2000, the Company's controller resigned for
personal reasons. The controller's resignation was effective that same
day.
(iii) The Company's financial and accounting staff were
unable to complete the closing of the accounting records or to complete and
review the financial statements and disclosures in timely fashion to enable
the independent auditors to complete the audit and report on the financial
statements as of September 28, 2000.
The Company expects to file the Form 10-KSB within the 15-day period
provided for under Rule 12b-25.
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PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Gregory L. Costley (775) 827-6886
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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 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 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.
Because the Company's financial and accounting staff were unable
to complete the financial statements and the audit of such financial
statements is not completed, the Company is unable to provide a reasonable
estimate of its results of operations at this time.
HomeSeekers.com, Incorporated
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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 September 28, 2000 By /s/ Gregory L. Costley
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Chairman of the Board and Chief Executive
Officer
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EXHIBIT A
HomeSeekers.com, Incorporated
6490 S. McCarran Boulevard, Suite D-28
Reno, Nevada 89509
Dear Sirs:
In accordance with the notification to the Securities and Exchange Commission
on Form 12b-25 of HomeSeekers.com, Incorporated's inability to timely file
its annual report on Form 10-KSB for the year ended June 30, 2000, the
factors described in the succeeding paragraph make impossible the submission
of our report as of a date which will permit timely filing of your 2000
annual report to the Commission.
The Company's chief financial officer resigned in May 2000 and the Company's
controller resigned in September 2000. The Company's financial and
accounting staff were unable to complete the closing of the accounting
records or to complete and review the financial statements and disclosures in
timely fashion to enable us to complete our audit and report on the financial
statements as of September 28, 2000.
You are authorized to attach a copy of this letter as an exhibit to
Form 12b-25 to the Securities and Exchange Commission.
Very truly yours,
Ernst & Young LLP
Reno, Nevada
September 28, 2000
