UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q
For Period Ended: March 31, 2000 SEC FILE NUMBER 000-28513
CUSIP NUMBER 522001 30 4
[ ] 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 Period Ended: March 31, 2000
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: Entire Form 10-Q
Part I - Registrant Information
Full Name of Registrant Learner's World, Inc.
---------------------
Former Name if Applicable N/A
---
Address of Principal Executive Office:
369 Avenue U
Brooklyn, New York 12233
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)
(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 2-F, 11- F, or From 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 form 10-K, 11-K, 20-F,
10-Q or N-SAR or portion thereof could not be filed within the prescribed time
period.
The Company's prior in-house accountant was replaced and a new
accountant had to be hired. As a result the Company has not been able to compile
the information that is required to be disclosed in its 10-QSB. Consequently,
the Company may not be able to file its Form 10-QSB on time without unreasonable
effort or expense.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification.
Salvatore Casaccio President (718)449-3194
---------------------------------------------------------
(Name) (Title) (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 12 months or for
such shorter period that the registrant was required to file
such report(s) been filed? If the answer if 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
narrative and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be
made.
N/A
Learners World, 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: May 10, 2000 By: /s/ Salvatore Casaccio
------------ -----------------------
Name: Salvatore Casaccio
Title: President