U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 0-29126
CUSIP NUMBER: 476142 10 4
[ ]Form 10-K and Form 10-KSB [ ]Form 20-F [ ]Form 11-K
[X]Form 10-Q and Form 10-QSB
For Period Ended: December 31, 1999
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Money Market Fund Rule 30b3-1 Filing
For the Transition Period Ended: N/A
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 Items(s) to which the notification relates: N/A
<PAGE>
PART I. REGISTRANT INFORMATION.
The Registrant is Jenna Lane, Inc. (the "Company") and has an address at 1407
Broadway, Suite 2400, New York, New York 10018.
PART II. RULES 12B-25 (B) AND (C)
[*] (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 or Form N-SAR, or portion thereof will be filed on or
before the fifteenth 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
(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 the Form 10-K, Form
10-KSB, 11-K, 10-Q, N-SAR, or the transition report or portion thereof could not
be filed within the prescribed time period.
The Form 10-Q for the quarter ended December 31, 1999 for the Company
could not be filed within the prescribed period because the Company was unable
to complete certain information key to filing a timely and accurate report on
the internal financial aspects of the Company. The Company is completing a
previously announced review of its financial results for the year ended March
31, 1999 and the six months ended September 30, 1999, and until such review is
substantially complete the Company is unable to timely complete the information
necessary to file the Form 10-Q. Such inability could not have been eliminated
by the registrant without unreasonable effort or expense.
PART IV. OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
David N. Feldman, Esq. (212) 869-7000
(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 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.
<PAGE>
JENNA LANE, INC.
Rule 12b-25 Notification
Part IV, Item (3)
- - The Company cannot determine whether or not there will be a significant
change in its results of operations for the three months ended December
31, 1999 until it completes its review of, and possible restatement of,
reported results for the year ended March 31, 1999. The review and
restatement may result in reducing earnings for the year ended March
31, 1999. The Company expects to complete its analysis and review
prior to filing its Form 10-Q for the fiscal quarter ended
December 31, 1999.
<PAGE>
JENNA LANE, INC.
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: February 14, 2000 By: /s/ Gary Coffey
--------------------------------
Gary Coffey
Vice President and Chief Operating Officer
