UNITED STATES ------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ------------------------- OMB Number: 3235-0058 FORM 12b-25 Expires: January 31, 2005 Estimated average burden hours per response2.50 NOTIFICATION OF LATE FILING SEC FILE NUMBER: 0-21679 (Check One): [ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F [X] Form 10-Q and 10-QSB [ ] Form N-SAR For Period Ended: September 30, 2002 --------------------- [ ] 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: ----------------------------- - -------------------------------------------------------------------------------- READ INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE. - -------------------------------------------------------------------------------- Nothing in the 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 RETURN ASSURED INCORPORATED - -------------------------------------------------------------------------------- Full Name of Registrant 5962 La Place Court, Suite 230 - -------------------------------------------------------------------------------- Address of Principal Executive Office (STREET AND NUMBER) Carlsbad, CA 92008 - -------------------------------------------------------------------------------- City, State and Zip Code 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 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 12b-25(c) has been attached if applicable. PART III - NARRATIVE State below in reasonable detail the reason why Forms 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.) Due to unanticipated delays in completing its unaudited financial statements for the quarterly period ended September 30, 2002, registrant has only recently provided such financial statements and related data to its independent accountants for review. Registrant expects its Form 10-QSB to be filed on or before November 19, 2002. PART IV - OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Adam S. Gottbetter 212 983-6900 ---------------------------------- ----------- ------------------ (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 reports been filed? If 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. On April 26, 2002, the Registrant entered into an Acquisition Agreement with EliteJet, Inc., a Nevada corporation ("EliteJet") and the shareholders of EliteJet pursuant to which Registrant acquired EliteJet in a so called "reverse acquisition." For accounting purposes however, EliteJet is deemed to be the acquiror. Accordingly, the post reverse acquisition comparative historical financial statements furnished for Registrant will be those of EliteJet. For the nine months ended September 30, 2002, EliteJet has approximately $1,976,000 million of net revenue and a net loss of approximately $1,570,000 million. RETURN ASSURED INCORPORATED ------------------------------------------------------ (Name of Registrant as Specified in Charter) has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. Date: November 14, 2002 By: /s/ Scott Walker --------------------------- ---------------------------------------- Name: Scott Walker, President