New World Brands Inc - Notification that Annual Report will be submitted late (NT 10-K)
31 Marzo 2008 - 3:03PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
Commission
File Number: 033-91432
NOTIFICATION
OF LATE FILING
(Check
One): [
ü
]
Form
10-K [ ]
Form
11-K [ ]
Form
20-F [
] Form 10-Q
[ ]
Form N-SAR
[ ]
Form N-CSR
For
Period Ended: December 31, 2007
[ ] 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:
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
New World Brands,
Inc.
Full Name
of Registrant
Former
Name if Applicable
340 West Fifth
Street
Address
of Principal Executive Office (Street and Number)
Eugene, OR
97401
City,
State and Zip Code
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.)
|
|
[
ü
]
|
(a)
|
The
reason described in reasonable detail in Part III of this form could not
be eliminated without unreasonable effort or
expense;
|
|
|
[
ü
]
|
(b)
|
The
subject annual report, semi-annual report, transition report on Form 10-K,
Form 20-F, Form 11-K or 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 the Form 10-K, 11-K, 20-F, 10-Q, N-SAR, N-CSR or
the transition report or portion thereof could not be filed within the
prescribed time period. (Attach extra Sheets if Needed.)
The
registrant is still in the process of providing the final form of financial
notes, including the final value of its common stock, to its independent
registered public accountants for review. The registrant’s confirmation of share
value is necessary because of a significant change (from fiscal year 2006 to
fiscal year 2007) in the shareholders’ equity section of the registrant’s 10-KSB
resulting from (1) the conversion of the registrant’s preferred shares and (2)
the registrant’s upcoming merger with Qualmax, Inc., which merger will result in
the complete elimination of Qualmax, Inc. shares. The audit process has been
further impacted by the fiscal 2007 sale of the registrant’s subsidiary, IP
Gear, Ltd., and the effect of such sale on the registrant’s year end audited
financial statements.
Accordingly,
the registrant is unable to complete the financial statements required to be
filed in the registrant’s annual report on Form 10-KSB for the year ended
December 31, 2007 by the date on which such report is due. The
registrant represents that its Form 10-KSB will be filed within the period
specified by Rule 12b-25(b)(ii).
PART
IV – OTHER INFORMATION
|
(1)
|
Name
and telephone number of person to contact in regard to this
notification
|
Shehryar
Wahid 541
868-2942
(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).
|
[
ü
]
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 [
ü
]
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.
New World Brands,
Inc.
(Name of
Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned thereunto
duly authorized.
Date:
March 31,
2008
By:
/s/ Shehryar
Wahid
Name: Shehryar
Wahid
Title:
Chief
Financial Officer and
Chief
Operating Officer
INSTRUCTION: The
form may be signed by an executive officer of the registrant or by any other
duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative’s authority to sign on behalf of the registrant shall be filed
with the form.
ATTENTION
|
Intentional
misstatements or omissions of fact constitute Federal criminal violations
(See 18 U.S.C. 1001).
|
New World Brands (CE) (USOTC:NWBD)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
New World Brands (CE) (USOTC:NWBD)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024
