UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 12b-25
                           NOTIFICATION OF LATE FILING

                            SEC File Number 001-11540
                            CUSIP Number 73933E 10 8

                                   (Check One)

/X/ Form 10-K/Form 10-KSB // Form 20-F // Form 11-K / / Form 10-Q/Form 10-QSB
// Form N-SAR // Form N-CSR

                       For period ended September 30, 2007

                  / / Transition Report on Form 10-K/Form 10-KSB
                  / / Transition Report on Form 20-F
                  / / Transition Report on Form 11-K
                  / / Transition Report on Form 10-Q/Form 10-QSB
                  / / 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

RECEIVABLE ACQUISITION & MANAGEMENT CORPORATION
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Full Name of Registrant


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Former Name (if applicable)

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140 Broadway, 46th Floor, New York, New York 10005
Address of Principal Executive Office

New York, New York 10005
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City, State and Zip Code

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;

/X/         (b) The subject annual report, semi-annual report, transition report
            on Forms 10-K, X 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, N-CSR or the transition report portion thereof could not be
filed within the prescribed time period.

The registrant is in the process of preparing and reviewing the financial
information of the registrant. The process of compiling and disseminating the
information required to be included in the Form 10-KSB for the relevant fiscal
year, as well as the completion of the required audit of the registrant's
financial information, could not be completed without incurring undue hardship
and expense. The registrant undertakes the responsibility to file such annual
report no later than fifteen days after its prescribed due date.

PART IV - OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this
notification.

Max Khan, CEO 212-858-7590
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(2) Have all other periodic reports required under Section 13 or 15(d) or 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) : Yes |X| 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? :
Yes |_| No |X|

If so: attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reason why a reasonable estimate
of the results cannot be made.

                 Receivable Acquisition & Management 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
hereunto duly authorized.



Date: December 27, 2007                By: /s/ Max Khan
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                                           Max Khan
                                           Chief Executive Officer