UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 12b-25 |
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SEC FILE NUMBER 000-53446 |
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CUSIP NUMBER 00400G 100 |
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: August 31, 2012
. | 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:
PART I — REGISTRANT INFORMATION
ABSOLUTE LIFE SOLUTIONS, INC.
Full Name of Registrant
N/A
Former Name if Applicable
45 Broadway, 6th Floor
Address of Principal Executive Office (Street and Number)
New York, New York 10006
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 | (a) | The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense. | |||
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(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 annual report on Form 10-K for the fiscal year ended August 31, 2012 by the prescribed date without unreasonable effort or expense due to delays involved in the compiling and auditing of the Company’s financial information. 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 |
SAMUEL M. KRIEGER, ESQ. | (212) | 363-2900 | |
(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.
As set forth in its Current Reports on Form 8-K , the Company is no longer engaged in its prior primary activity as a specialty financial services company primarily engaged in the acquisition of life settlement transactions.. As a result, the Company is attempting to quantify the effect thereof on its financial statements and disclosure obligations in Form 10K. |
ABSOLUTE LIFE SOLUTIONS, 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: November 30, 2012 | By: | /s/ Avrohom Oratz |
AVROHOM ORATZ | ||
Title: | President and Chief Executive Officer |