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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION -----------------------------
Washington, D.C. 20549 OMB Number: 3235-0058
Expires: January 31, 2002
Estimated average burden
FORM 12b-25 hours per response ..... 2.50
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NOTIFICATION OF LATE FILING SEC FILE NUMBER
033-21085
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CUSIP NUMBER
648854-10-7
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(Check One):| |Form 10-K | |Form 20-F | |Form 11-K |X|Form 10-Q | |Form N-SAR
For Period Ended: December 31, 2001
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[ ] 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:
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
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NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS
VERIFIED ANY INFORMATION CONTAINED HEREIN.
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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
Tremor Entertainment Inc.
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Full Name of Registrant
New Systems, Inc.
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Former Name if Applicable
2621 West Empire Avenue
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Address of Principal Executive Office (Street and Number)
Burbank, CA 91504
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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 appropriate box.)
(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, Form 11-K, Form N-SAR, or portion thereof, will be
filed on or before the fifteenth calendar day following the prescribed
[X] 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 why the Form 10-K, 11-K, 20-F 10-Q, N-SAR, or
the transition report or portion thereof, could not be filed within the
prescribed time period.
The Registrant's Report on Form 10-QSB for the quarterly period ended December
31, 2001 could not be filed within the prescribed time period because the
Registrant has not finalized all of its accounting matters due to its inability
to obtain financial statements as a result of the Registrant's merger
transaction in December 2001, as reported by the Registrant on Form 8-K filed
December 21, 2001. As a result, the financial statements of the Registrant for
the quarterly period ended December 31, 2001 have not yet been completed.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Karen L. Benson (818) 729-0020 ext 35
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange |X| 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? YES NO
If answer is no, identify report(s). [X] [ ]
(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 YES NO
included in the subject report or portion thereof? [X] [ ]
If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of results cannot be made.
See Attachment B.
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Tremor Entertainment, Inc.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date February 14, 2002 By /s/ Karen L. Benson
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Karen L. Benson, Chief Financial 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
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Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
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ATTACHMENT B
PART IV - OTHER INFORMATION
(3) The earnings statements to be included in the Registrant's Report on Form
10-QSB for the three (3) and nine (9) month periods ended December 31, 2001 as
compared to the Registrant's Report on Form 10-QSB for the comparable periods
ended December 31, 2000 will reflect significant changes in the results of
operations due to the Registrant's merger transaction in December 2001. Because
the Registrant completed a merger transaction in December 2001, the extent of
the changes in the results of operations cannot be quantified with any
reasonable certainty at this time.