UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING | |
SEC FILE NUMBER: | 000-54252 |
CUSIP NUMBER: | 62540Q109 |
(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, 2012 | ||
[ ] 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: |
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: |
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. |
PART I - REGISTRANT INFORMATION |
MULTI-CORP INTERNATIONAL INC. |
Full Name of Registrant |
Former Name if Applicable |
2757 CR 355 |
Address of Principal Executive Office (Street and Number) |
Denver City, Texas 79323 |
City, State and 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 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. |
The Form 10-K for the fiscal year ended December 31, 2012 will not be submitted by the deadline due to a situation where the workload exceeds available personnel. We were not able to complete all of the financial information required to allow sufficient time for our independent auditors to be able to finalize their review and provide their consent by the filing deadline of April 1, 2013. |
PART IV – OTHER INFORMATION | ||||||
(1) | Name and telephone number of person to contact in regard to this notification | |||||
Jean Mann | 806 | 592-8659 | ||||
(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). | |||||
Yes [X] 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? 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. | |||||
Yes [X] No [ ] | During the final quarter of the fiscal year ended December 31, 2012 the Comapny acquired a 100% working interest in 2,800 acres in the Cave Pool Unit and field, which contains approximately 40 wells, that have produced but are currently shut-in. The Company acquired the working interest by way of the issuance of a total of 12,000,000 shares of hte Company's common stock in exchange for the working interest and certain equipment and facilities. The Company is continuing to evaluate the impact this acquisition will have on its financial reports, however, we expect to report significant changes to our results of operations, including a gain as a result of a bargain purchase of assets. In addition the Comapny expects to report a significant decrease in professional fees over the comparative twelve months ended December 31, 2012 and 2011, as well as an increase in stock based compensation from Nil in the fiscal year ended December 31, 2011 as compared to $250,000 in the fiscal year ended December 31, 2012. |
MULTI-CORP INTERNATIONAL 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: | April 1, 2013 | By: | /s/ Jean Mann | |||
Name: | Jean Mann | |||||
Title: | Principal Executive Officer |
ATTENTION |
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). |