UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

 

 

(Check one): [X] Form 10-K    [  ] Form 20-F    [   ] Form 11-K    [  ] Form 10-Q    [   ] Form 10-D

[   ] Form N-SAR     [  ] Form N-CSR

 

For Period Ended: December 31, 2015

 

[ ] 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: ___________________________________________________________

 

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

 

 

CAPITAL ART, INC.

 

 Full Name of Registrant:

 

 

Former Name if Applicable 

 

6445 South Tenaya Way, B-130

 

Address of Principal Executive Office (Street and Number)

 

Las Vegas, Nevada 89113

 

City, State, 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)

 

[X] (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 Form N-CSR, 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 subject distribution report on Form 10-D, 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 why Forms 10-K, 20-F, 11-K, 10-Q,10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The registrant is unable to file its 2015 Form 10-K report in a timely manner because the registrant needs additional time to complete the presentation of its financial statements, and the analysis thereof. In turn, the registrant requires additional time to complete the auditor’s review of the registrant’s financial statements in order to complete the 10-K. Part of the delay was due to the registrant’s focus and resources being dedicated to on responding to the SEC’s comments relating to the Form 10-12G filing and subsequent amendments thereto.

 

PART IV — OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification:

 

Sam Battistone (702) 493-4373
(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.

 

 

CAPITAL ART, INC.

 

(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, 2016

 

 

  CAPITAL ART, INC.
     
  By:  /s/ Sean Goodchild
    Sean Goodchild
    Chief Executive Officer

 

 

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