U.S SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 000-23307
Team Communications Group, Inc.
NOTIFICATION OF LATE FILING
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(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[X] Form 10-Q and Form 10-QSB [ ] Form 11-K [ ] Form 20-F
For Period Ended: June 30, 2001
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:
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Part I - Registrant Information
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Full Name of Registrant: Team Communications Group, Inc.
Former Name if Applicable:
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Address of Principal Executive Office (Street Number): 11818 Wilshire Blvd.
Suite 200
City, State and Zip Code: Los Angeles, California 90025
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Part II - Rule 12b-25(b) and (c)
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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
Form 10-K, 10-KSB, Form 20-F, 11-K or Form 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.
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Part III- Narrative
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State below in reasonable detail the reasons why the Form 10-K and Form 10-KSB,
11-K, 20-F, Form 10-Q and Form 10-QSB, N-SAR or transition report or portion
thereof could not be filed within the prescribed time period.
The Company's Quarterly Report on Form 10-QSB for the Quarter ended June
30, 2001 cannot be filed within the prescribed time period because the
Company is experiencing delays in the aggregation and collection of certain
information required to be included in the Form 10-QSB. The Form 10-QSB
will be filed as soon as reasonably practicable and in no event later than
the fifth calendar day following the prescribed due date.
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Part IV- Other Information
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(1) Name and telephone number of person to contact in regard to this
notification:
Jay J. Shapiro (310) 312-4400
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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, 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?
[ ] 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.
Team Communications Group, 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: August 14, 2001 By:
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Name: Jay J. Shapiro
Title: President