----------------------------- UNITED STATES OMB APPROVAL SECURITIES AND EXCHANGE COMMISSION ----------------------------- Washington, D.C. 20549 OMB Number: 3235-0058 Expires: May 31, 1997 Estimated average burden FORM 12b-25 hours per response ..... 2.50 ----------------------------- ----------------------------- NOTIFICATION OF LATE FILING SEC FILE NUMBER 019817 (Check One): ----------------------------- ----------------------------- |X| Form 10-K and Form 10-KSB |_| Form 20-F |_| Form 11-K | | Form 10-Q and Form 10-QSB CUSIP NUMBER |_| Form N-SAR 22528Q 10 9 For Period Ended: August 31, 1996 ----------------------------- -------------------- [ ] 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 CREATIVE PROGRAMMING AND TECHNOLOGY VENTURES, INC. - ------------------------------------------------------------------------------------------------------------------------------------ Full Name of Registrant Not Applicable - ------------------------------------------------------------------------------------------------------------------------------------ Former Name if Applicable 7900 East Union Avenue, Suite 1100 - ------------------------------------------------------------------------------------------------------------------------------------ Address of Principal Executive Office (Street and Number) Denver, Colorado 80237 - ------------------------------------------------------------------------------------------------------------------------------------ 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 box if appropriate) | (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, Form 10-KSB, Form 20-F, Form 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 of transition report on Form 10-Q or Form 10-QSB, 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 Forms 10-K and 10-KSB, 20-F, 11-K, 10-Q and 10-QSB, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. The Company recently completed a major corporate restructuring with significant financial statement implications and adjustments and it has not received all the necessary information for the timely completion of the Form 10-KSB. (Attach Extra Sheets if Needed) SEC 1344 (6/94) PART IV--OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification GARY R. VICKERS (303) 694-5324 - --------------------------------------- --------------------- ----------------- (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 | | 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. The Company anticipates that it will recognize an estimated loss of approximately $3.895 million for its August 31, 1996 fiscal year end as compared to a reported loss of $1.438 million for its fiscal year end 1995. The increase in operating losses in 1996 reflect the cessation of operations at its Alexandria, Inc. subsidiary and significantly increased game development and production expenses at its Off World Entertainment, Inc. (dba Odd World Inhabitants) subsidiary. The financial statements will, however, contain a footnote detailing subsequent events outlining the successful completion of the divestiture of Off World Entertainment, Inc. effective September 13, 1996 (CPTV's fiscal first quarter 1997) for $6.8 million less certain debt obligations approximating $500,000 and other transactional expenses. The divestiture is expected to generate a substantial gain for CPTV in its fiscal first quarter ended November 30, 1996. ==================================================================================================================================== CREATIVE PROGRAMMING AND TECHNOLOGY VENTURES, 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: November 25, 1996 By: /s/ GARY R. VICKERS --------------------------- ---------------------------------------- Gary R. Vickers, President 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 -------------------------------------------------------------- Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). - ------------------------------------------------------------------------------------------------------------------------------------