SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 0-27520
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NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K [ ] Form 11-K [ ] Form 20-F
[ X] Form 10-Q [ ] Form N-SAR
For Period Ended: March 31, 2002
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[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended:________________
Read attached instruction sheet before preparing form. Please
print or type.
Nothing in this form shall be construed to imply that the Commis-
sion 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 SDC INTERNATIONAL, INC.
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Former name if applicable___________________________________________________
Address of principal executive office (Street and number)
777 S. Flagler, 8th Floor West
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City, state and zip code West Palm Beach, FL 33401
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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.)
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(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, 20-F, 11-K or Form N-SAR, or portion
thereof will be filed on or before the 15th calendar day fol-
lowing 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 the Form 10-K,
11-K, 20-F, 10-Q, N-SAR or the transition report portion thereof
could not be filed within the prescribed time period. (Attach extra
sheets if needed.)
SDC International, Inc. (the "Company") recently completed its
acquisition of TATRA A.S. ("TATRA"). The financial statements
of TATRA were originally prepared in accordance with generally
accepted auditing standards in the Czech Republic. The Company
has been unable to timely file its Quarterly Report on Form
10-QSB without unreasonable effort or expense because the
Company is currently awaiting the conversion, by independent
auditors, of the consolidated financial statements of TATRA into
a format that is in accordance with generally accepted accounting
principles in the U.S. It is the intention of the Company's
management to complete the preparation and filing of the Form
10-QSB for the period ended March 31, 2002 as soon as practicable
after the completion of such conversion.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Ronald Adams, Chairman and CEO (561) 882-9300
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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 Act of 1934 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):
[ ] Yes [ X ] No
Form 10-QSB for the period ended March 31, 2001
Form 10-QSB for the period ended September 30, 2001
Form 10-KSB for the period ended December 31, 2001
(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
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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.
SDC INTERNATIONAL, 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 thereunto duly authorized.
Date: May 13, 2002 By:/s/ RONALD ADAMS
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Ronald Adams
Chairman of the Board and
Chief Executive Officer
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