U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER: 1-14082
(Check One)
[ ] Form 10-K and Form 10-KSB [ ]Form 20-F [] Form 11-K
[X] Form 10-Q and Form 10-QSB [ ]Form N-SAR
For Period Ended: Second Quarter Ended June 30, 1998
[]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:________________________________________
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: Smart Choice Automotive Group, Inc.
5200 South Washington Avenue
(Address of Principal Executive Office) (Street and Number)
Titusville, Florida 32780
(City, State, Zip Code)
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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 reports, semi-annual report, transition report on
Form 10-K or 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 or 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.
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Part III-Narrative ____________________________________________________________
State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-K, 11-K and Form 10-Q and Form 10-QSB, N-SAR, or the transition report or
portion thereof could not be filed within the prescribed period.
The Company is unable to file its report on Form 10-Q for the quarter ended
June 30,1998 within the prescribed time period due to a delay in the completion
of its financial statements for the quarterly period. Such delays have been
caused by management's attention to issues related to the company's upcoming
public offering of its securities.
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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:
Joseph E. Mohr (407)269-0834
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 and 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 [ ] 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.
Smart Choice Automotive Group, Inc.
(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, 1998 By: /s/ Joseph E. Mohr
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Joseph E. Mohr, Chief Financial Officer
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