SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
Notification of Late Filing
Commission File Number 0-26479
-------
(Check One)
[X] Form 10-K and Form 10-KSB [ ] Form 11-K
[ ] Form 20-F [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For period ended December 31, 2000
-----------------
[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR
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 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
Full name of registrant Wolfpack Corporation
---------------------------------------------------
Former name if applicable N/A
-------------------------------------------------
Address of principal executive office (Street and Number)100 Europa Dr.,
---------------
Suite 455
---------
City, State and Zip Code Chapel Hill, North Carolina 27514
---------------------------------------------------
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 appropriate box.)
[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, semi-annual report, transition report on
Forms 10-K, 10-KSB, 20-F, 11-K, or Form N-SAR, or portion thereof will be filed
on or before the 15th calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, 10-QSB, or portion
thereof will be filed on or before the fifth calendar day following the
prescribed due date; and
[X] (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 reason why Forms 10-K, 10-KSB, 11-K, 20-F,
10-Q, 10-QSB, N-SAR, or the transition report portion thereof could not be filed
within the prescribed time period. (Attach extra sheets if needed.)
The registrant's current auditor was first retained in January 2001. Subsequent
to such retention, registrant has at various times provided its auditor with
such documentation and information needed and requested by it to prepare and
complete the audit of registrant's financial statements for the fiscal year
ended December 31, 2000. The audit is taking more time to complete for the
following reasons: (1) The registrant's previous auditor has failed to provide
necessary information in a timely fashion; and (2) the registrant and its
current auditor are addressing a reverse acquisition transaction to ensure
proper accounting treatment of all items. These factors, together with the
timing of the auditor's engagement, have prevented the auditor from completing
the audit in sufficient time for registrant to file its Form 10-KSB by its due
date. (See attached Accountant's Statement).
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Adam S. Gottbetter, Esq. (212) 983-6900
---------------------------------------------------------------------------
(Area Code) (Telephone Number)
(2) Have all other periodic report required under Section 13 or 15(d) or
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 the 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 [ ] No
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reason why a reasonable
estimate of the results cannot be made.
The registrant made a significant acquisition during the year ended December 31,
2000 and has substantially changed its business. At present the registrant can
not make a meaningful estimate of the results of operations for the year ended
December 31, 2000.
WOLFPACK CORPORATION
- --------------------------------------------------------------------------------
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 29, 2001 By: /s/ Peter L. Coker
-------------------------------------------------
Peter L. Coker, Chief Executive Officer
ACCOUNTANT'S STATEMENT
- ----------------------
King Griffin & Adamson PC
14160 Dallas Parkway, 9th Floor
Dallas, Texas 75240
Securities Exchange Commission
Washington, DC 20549
March 29, 2001
Re: Wolfpack Corporation (the "Company")
Dear Sirs:
On January 29, 2001, we were retained as the Company's independent auditor
for the fiscal year ended December 31, 2000. During the period subsequent to
our retention, we have been provided with documentation and information needed
by us to prepare and complete the audit. At our request, this documentation has
been supplemented from time to time with additional documentation and
information. We have noted significant delays in receiving information from the
registrant's prior auditor, including the delayed receipt of his report and
financial statements for the year ended December 31, 1999. Due to the
circumstances discussed above, the audit will not be completed prior to April 2,
2001, the due date for the Company's Form 10-KSB. We do expect, however, that
the audit will be completed in sufficient time for the Company to file its Form
10-KSB for fiscal year ended December 31, 2000 within the fifteen calendar day
extension period granted to the Company pursuant to Rule 12b-25.
Very truly yours,
/s/ King Griffin & Adamson PC
King Griffin & Adamson PC