--------------------------
OMB APPROVAL
--------------------------
OMB Number: 3235-0058
Expires: May 31, 1997
Estimated average burden
hours per response ..2.50
--------------------------
--------------------------
SEC FILE NUMBER
33-89714
--------------------------
--------------------------
CUSIP NUMBER
756790101
--------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): [X] Form 10-K [ ] Form 20-F [ ] Form 10-Q [ ] Form N-SAR
For Period Ended: December 31, 1997
-----------------------------------
[ ] 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
RED OAK HEREFORD FARMS, INC.
- --------------------------------------------------------------------------------
Full Name of Registrant
RED OAK HEREFORD FARMS, INC.
- -------------------------------------------------------------------------------
Former Name if Applicable
N/A
- ---------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
2010 Commerce Drive, Red Oak, Iowa
- ---------------------------------------------------------------------------
City, State and Zip Code
Red Oak, Iowa 51566
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 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 on Form 10-K will be filed on or before
the 15th 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 Forms 10-K, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
On December 4, 1998, BDO Seidman, LLP resigned as principal accountants of Red
Oak Hereford Farms, Inc. ("registrant"). Because of this late notice the
("Registrant") could not file within the prescribed time period.
On January 18, 1999 the ("registrant") has retained HLB Gross Collins, P.C. as
the registrant's certifying accountant.
The registrant is completing required certified audited and plans to file within
the required extension period.
(Attach Extra Sheets if Needed)
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard
to this notification
Harley Dillard 712 623-9224
- ----------------------- ------------ ------------------
(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 [X] 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.
Operating net loss of the registrant has increased from $4.5 million
in 1997 to an estimated $6.7 million in 1998. The increase in losses
results primarily from cattle feeding.
- -------------------------------------------------------------------------------
RED OAK HEREFORD FARMS, 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 March 30,1999 By /s/ Harley Dillard
----------------- ---------------------------------
Harley Dillard Treasurer