SECURITIES AND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM 12b-25
Notification of Late Filing
(Check one): [ X ] Form 10-KSB; [ ] Form 20-F; [ ] 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 or Form 10-QSB
[ ] Transition Report on Form N-SAR
For the transition period ended ___________________
SEC File Number 1-15383
CUSIP Number 91732M 10 5
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
USURF America,Inc.
(Full Name of Registrant)
(Form Name, if Applicable)
8748 Quarters Lake Road
Baton Rouge,Louisiana 70809
(Address of Principal Executive Office)
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 12-b25(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
[ ] (c) The accountant's statement or other exhibit required by Rule
12b25(c) has been attached if applicable.
PART III
- - NARRATIVE
State below in reasonable detail the reasons why the Form 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.
The Annual Report on Form 10-KSB could not be filed
because the independent auditors of
Registrant have not completed the preparation of
Registrant's audited financial statements.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
David M. Loflin (225) 922-7744
0 (Name) (Telephone Number, area code)
(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 cannon be made.
Results of operations will reflect decreased revenues,
due to a rapid decline in the Company's dial
-up Internet access business, the decline being
substantially caused by the Company's
CyberHighway subsidiary being forced into bankruptcy in
September 2000. The Company will
report a loss from operations attributable to the
operating loss of its dial-up access business, as well
as the issuance of common stock for services to
consultants, at a level comparable to that for the
year ended December 31, 1999.
The Company's balance sheet at December 31, 2000, will
reflect the impairment of the Company's
customer base and goodwill, resulting from the bankruptcy
described above. Substantially all of the
Company's dial-up customer base and associated goodwill
will be deemed impaired, resulting in a
substantial decrease in total assets and shareholders'
equity compared to December 31, 1999.
USURF AMERICA, 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: March 29, 2001. By: /s/ David M. Loflin
David M. Loflin
President and
Acting Principal Financial Officer