UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 0-5418
CUSIP NUMBER: 93163V 10 9
|_| Form 10-K |_| Form 20-F |_| Form 11-K
|X| Form 10-Q |_| Form 10-D |_| Form
N-SAR |_| Form N-CSR
For Period Ended: June 30, 2005
|_| 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: Not applicable
PART I - REGISTRANT INFORMATION
Full Name of Registrant: Walker Financial Corporation
Former Name if Applicable: Not Applicable
Address of Principal Executive Office: 990 Stewart Avenue - Suite 60A, Garden
City, New York 11530
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;
(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
|X| 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 period.
The registrant is in the process of implementing its business model and seeking
equity and/or debt financing. The unavailability of staff due to the ongoing
implementation of its business model and in order to focus attention on
obtaining equity and/or debt financing has required the registrant's executive
officer and employees to devote substantial effort and expense which otherwise
would have been devoted to the preparation and filing of the registrant's
Quarterly Report on Form 10-QSB for the quarter ended June 30, 2005. For such
reason, the subject Form 10-QSB could not be filed within the prescribed period.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification: Mitchell S. Segal, President: (516) 832-7000
(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.
The registrant anticipates reporting a net loss of approximately $(409,038) on
net sales of $ 88,099 for the quarter ended June 30, 2005, compared to a net
loss of $(379,789) on net sales of $50,791 for the quarter ended June 30, 2004.
Walker Financial Corporation has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
Date: August 15, 2005 Walker Financial Corporation
By: /s/ Mitchell S. Segal
----------------------------
Mitchell S. Segal, President
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End of Filing