FORM 12B-25
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTIFICATION OF LATE FILING
[X] Form 10-K and Form 10-KSB [ ]Form 20-F [ ] Form 11-K
[ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: December 31, 2002
[ ] 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: N/A
PART I
REGISTRANT INFORMATION
Full Name of Registrant: Costas, Inc.
Former Name if Applicable: N/A
Address of Principal Executive Office
Street and Number: 3356 Eagle Way
City, State and Zip Code: Rosamond, California 93560
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 report or semi-annual
report/portion thereof will be filed on or before the
fifteenth calendar day following the prescribed due
date; or the subject quarterly report/portion thereof
will be files 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.
PAGE-1-
PART III
NARRATIVE
State below in reasonable detail the reasons why the Form 10-
KSB or portion thereof could not be filed within the prescribed
time period.
The accountants have not had the opportunity to finish the Form 10-KSB
in time for the Company to make its final review prior to the due
date. The Company will file the Form 10-KSB by the extension date.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in
regard to this notification:
Frank Danesi Jr. (702) 338-6109
------------------------------------------------
Name (Area Code) (Telephone Number)
(2) Have all 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 not, identify report(s).
[X] Yes [ ] No
(3) It is 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.
Costas, 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 31, 2003.
By: /s/John Henderson
-----------------------
Name: John Henderson
Title: President
PAGE-2-
213