UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): ___ Form 10-K ___Form 20-F Form 11-K X Form 10-Q ___Form 10-D Form N-SAR ___Form N-CSR
For Period Ended: May 31, 2009
[ ] 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
Full Name of Registrant: CASCADE TECHNOLOGIES CORP.
Former Name if Applicable:
Address of Principal Executive Office (Street and Number): 1530 9th Avenue SE
City, State and Zip Code: Calgary, Alberta T2G 0T7
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 reason 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 of 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. (Attach Extra Sheets if Needed)
The Form 10-Q for the period ended May 31, 2009 will not be submitted by the deadline due to a situation where the workload exceeds available personnel. Due to the fact that the registrant has recently completed a change of business and has limited personnel, the Registrant will not be able to file on a timely basis. A delay in obtaining information necessary to prepare management’s financial statements has created a situation where the registrant’s independent auditors are currently completing their review of the Form 10-Q for the period ended May 31, 2009, and will not be able to complete this review by the filing deadline.
Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
Jacqueline Danforth 403 693-8004
(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? [ 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.
The registrant expects to report losses from operations of $82,870 for the period ended May 31, 2009 as compared to losses from operations of $18,693 for the period ended May 31, 2008. This increase to operational losses is as a result of a change of business from an online stocking distributor, buying and selling semiconductors, electro-mechanical and passive components to a company seeking projects in the renewable energy sector. During the nine month period ended May 31, 2009 the Company expended $55,465 on professional services including legal and accounting fees and professional services related to the preparation of a business plan, as compared to $8,300 expended in the same category in the same nine month period from the previous fiscal year. Additionally general and administrative expenses more than doubled over the comparative nine month periods from $10,393 (2008) to $25,655(2009) as a result of increased travel costs, new expenses related to the incorporation of two subsidiaries and other expenses related to establishment of new corporate office locations.
During the nine month period ended May 31, 2008 the Company reported revenues of $451 to offset operational expenses. There were no revenues reported during the current nine month period ended May 31, 2009 as a result of the change in business.
Net losses for the comparative periods are expected to total $84,477 (2009) as compared to $18,242 (2008) respectively.
CASCADE TECHNOLOGIES CORP.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: July 14, 2009 | By: | /s/ Jacqueline Danforth | |
| | | Name: Jacqueline Danforth | |
| | | Title: CFO (Principal Accounting Officer) | |
| | | | |
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
