NT 10-K 1 pdosnt10k033009.htm SEC FILE NUMBER

SEC FILE NUMBER

333-145871

CUSIP NUMBER

727667107


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 12b-25


NOTIFICATION OF LATE FILING


(Check one): X   Form 10-K     Form 20-F     Form 11-K     Form 10-Q     Form 10-D     Form N-SAR

    Form N-CSR


For Period Ended: December 31, 2008


    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: __________________________________________________________________


Read Instruction (on back page) 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


Platinum Studios, Inc.

Full Name of Registrant


N/A

Former Name if Applicable


11400 W. Olympic Blvd., 14th Floor

Address of Principal Executive Office (Street and Number)


Los Angeles, CA 90064

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)


(a) The reason 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 Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, 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 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 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 time period.


The Registrant is unable to file its quarterly report on Form 10-Q for the period ended December 31, 2008 by the prescribed date without unreasonable effort or expense due to delays involved in completing the purchase and transition of account records for  Wowio, LLC. The Registrant expects to file the Form 10-K no later than the fifteenth calendar day following the prescribed due date, as permitted by Rule 12b-25.


PART IV — OTHER INFORMATION


(1)

Name and telephone number of person to contact in regard to this notification


   Scott Rosenberg

310

807-8100

_________________

_____________________________

____________________

         (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 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.


We anticipate that the results of Platinum Studios, Inc. for the period ending December 31, 2008 will significantly change as compared to the results for the period ended December 31, 2007. This is due in large part to the Registrant’s trading on the Over the Counter market effective January 11, 2008 resulting in additional costs such as stock option expense combined with the acquisition of Wowio, LLC on July 15, 2008. A reasonable estimate cannot be made until we have completed the accounting for the Wowio, LLC transaction and the consolidated financial statements of Platinum Studios, Inc.


Platinum Studios, 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 Monday, March 30, 2008

 By /s/ Scott Rosenberg, Chief Executive 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.