-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PgfsT7VsFWB+FhTYxpGeU8iT3GGkGQa5Ww46Pw9TOjRbKaXJ+vM1FAP8qmsyMHT2 mekTjzXlXGIkvV2kJ6onBQ== 0001117768-09-000271.txt : 20090817 0001117768-09-000271.hdr.sgml : 20090817 20090817134406 ACCESSION NUMBER: 0001117768-09-000271 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090630 FILED AS OF DATE: 20090817 DATE AS OF CHANGE: 20090817 EFFECTIVENESS DATE: 20090817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAS VEGAS GAMING INC CENTRAL INDEX KEY: 0001103993 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 880392994 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-30375 FILM NUMBER: 091018705 BUSINESS ADDRESS: STREET 1: 4000 WEST ALI BABA LANE STREET 2: SUITE D CITY: LAS VEGAS STATE: NV ZIP: 89118 BUSINESS PHONE: 702-871-7111 MAIL ADDRESS: STREET 1: 4000 WEST ALI BABA LANE STREET 2: SUITE D CITY: LAS VEGAS STATE: NV ZIP: 89118 NT 10-Q 1 mainbody.htm MAINBODY mainbody.htm
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 12b-25
 
NOTIFICATION OF LATE FILING
 
SEC File Number:  000-30375
CUSIP Number:  517674-10-7
(Check One):
 
o Form 10-K  
o Form 20-F  
o Form 11-K  
x Form 10-Q  
o Form N-SAR  
o Form N-CSR
 
For Period Ended:  
June 30, 2009                       
 
[   ] Transition Report on Form 10-K
[   ] Transition Report on Form 10-Q
  
[   ] Transition Report on Form 20-F
[   ] Transition Report on Form N-SAR
[   ] Transition Report on Form 11-K
 
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:
 
PART I -- REGISTRANT INFORMATION
 
Las Vegas Gaming, Inc.
Full Name of Registrant
 
3980 Howard Hughes Pkwy., Suite 450
Address of Principal Executive Office (Street and Number)
 
Las Vegas, Nevada 89169
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 box if appropriate).

x
 
 
x
 
o 
(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,11-K or Form N-SAR, or 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 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 the Form 10-K, 20-F, 11-K, 20-F, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof could not be filed within the prescribed time period.
 
The Company was unable to complete its quarterly report on Form 10-Q for the period ended June 30, 2009 (the “Form 10-Q”) prior to the prescribed filing date because the Company’s management needs additional time to ensure that the Company’s disclosures to be contained in the Form 10-Q are complete and accurate.  The Company currently expects to file the Form 10-Q on or before the fifth calendar day following the Form 10-Q’s prescribed due date.

PART IV -- OTHER INFORMATION
 
(1) Name and telephone number of person to contact in regard to this notification
 
Bruce A. Shepard
(Name)
702
(Area Code)
871-7111
(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 answer is no, identify report(s). x Yes   o 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   o 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.

Management expects the Company to report (i) a net loss for the three-month period ended June 30, 2009 of approximately 51% less than the comparable period in 2008, (ii) a net loss for the six-month period ended June 30, 2009 of approximately 49% less than the comparable period in 2008, and (iii) a decrease in cash and investments in marketable securities to ($0) at June 30, 2009 from $502,597 at December 31, 2008.  The Company is presently unable to satisfy its obligations as they come due and does not have enough cash to sustain its anticipated working capital requirements for the remainder of 2009 and, unless the Company obtains third-party financing or otherwise raises capital through the sale of assets or otherwise in the near future, the Company will be unable to continue as a going concern.


 
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Las Vegas Gaming, Inc.
(Name of Registrant as Specified in Charter)
 
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date:  August 17, 2009
By:
/s/ Bruce A. Shepard
 
Bruce A. Shepard, Chief Financial Officer
 
 

 

 
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