SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number 000-13895
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(Check one)
[_] Form 10-K and Form 10-KSB [_] Form 11-K [_]Form 20-F
[X] Form 10-Q and Form 10-QSB [_]_ Form N-SAR
For period ended March 31, 2005
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[_] 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 and Form 10-QSB
[_] Transition Report on Form N-SAR
For the transition period ended
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READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR
TYPE.
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
Full name of registrant SEALIFE CORPORATION
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Former name if applicable
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Address of principal executive office (STREET AND NUMBER)
5601 W. SLAUSON AVENUE
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City, state and zip code CULVER CITY, CALIFORNIA 90230
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12b25-1
PART II
RULE 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, 10-KSB, 20-F, 11-K or Form N-SAR, or
[X] | 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 of 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 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. (Attach extra sheets if needed.)
The Registrant's Form 10-QSB, for the quarter ended March 31,
2005, could not be filed within the prescribed time period because
certain information and data relating to and necessary for the
completion of the Registrant's financial statements and management's
discussion and analysis of financial condition and results of
operations could not be obtained by registrant within such time period
without unreasonable effort or expense.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification.
ROBERT A. MCCASLIN (310) 338-9757
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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.
12b25-2
SEALIFE CORPORATION
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date 5/16/05 By /s/ Robert A. McCaslin
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Name: Robert A. McCaslin
Title: Chief Executive Officer and Chief
Financial Officer
INSTRUCTION. The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and title of
the person signing the form shall be typed or printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute federal
criminal violations (SEE 18 U.S.C. 1001).
PART IV - OTHER INFORMATION
(3) EXPLANATION OF ANTICIPATED CHANGE
The Registrant anticipates that, for the quarter ended March 31, 2005,
as compared to the same period in the prior year, net losses from continuing
operations will increase from approximately $81,986 to $790,088, due in large
part to an increase in compensation for legal services, marketing and sales
executives, business consulting, research and development, industrial relations
consulting and officers' wages as a result of the Company's increased sales and
marketing efforts in early 2005. The registrant also anticipates that, for the
period ended March 31, 2005, net sales will be approximately $36,052, up from
$12,816 in the same period last year. The increase in net sales is attributable
to the Company's increased sales and marketing efforts in early 2005.
12b25-3