UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number: 333-46828
CUSIP Number: 48576Q 10 5
(Check one:)
[X] Form 10-K [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q [ ] Form 10-D [ ] Form
N-SAR [ ]Form N-CSR
For Period Ended: December 31, 2007
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[ ] 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: Not applicable
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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: Not applicable
PART I - REGISTRANT INFORMATION
Karver International, Inc.
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Full Name of Registrant
Not applicable
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Former Name if Applicable
601 Brickell Key Drive, Suite 901
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Address of Principal Executive Office (Street and Number)
Miami, Florida 33131
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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) [X]
(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, Form 20-F, Form 11-K, Form N-SAR or Form
N-CSR, 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
subject distribution report on Form 10-D, 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, 20-F, 11-K,
10-Q, 10-D, N-SAR, N-CSR, or the transition report, or portion thereof, could
not be filed within the prescribed time period.
Although the Registrant has been working diligently to prepare its
consolidated financial statements for the year ended December 31, 2007, and such
consolidated financial statements have been substantially completed, the
Registrant has not finalized such consolidated financial statements and is
unable to file its Annual Report on Form 10-KSB for the year ended December 31,
2007 within the prescribed period without unreasonable effort or expense. The
Registrant expects to file its Annual Report on Form 10-KSB for the year ended
December 31, 2007 on or before April 14, 2008.
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PART IV - OTHER INFORMATION
(l) Name and telephone number of person to contact in regard to this
notification
Jack Kachkar 305-350-3996
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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?
[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.
Registrant expects to show a significant increase in net loss from the year
ended December 31, 2006, primarily due to an increase in operating expenses due
to increased scope of business development activities and increase in accrued
interest, since prior year end. The anticipated total operating expenses will be
approximately $1.192 million, an increase of approximately $753,000 from
approximately $439,000 for the year ended December 31, 2006.
Karver 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
hereunto duly authorized.
Date: March 31, 2008 By: /s/ Jack Kachkar
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Jack Kachkar
Chairman
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