UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): x Form 10-K o Form 20-F o Form 11-K o Form 10-Q o Form 10-D o Form N-SAR o Form N-CSR
For Period Ended: 12/31/2011
¨ 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 Instructions (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
Full Name of Registrants:
Kiwibox.Com, Inc.
Former Name if Applicable
Magnitude Information Systems, Inc.
Address of Principal Executive Offices (Street and Number)
330 West 38th Street, Suite 1602
City, State and Zip Code
New York, New York 10018
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 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 on Form 10-K will be filed on or before the fifteenth calendar day following the prescribed due date; and |
(c) | The accountant's statement or other exhibit required by Rule 12(b)-25(c) has been attached if applicable. |
PART III -- NARRATIVE
State below in reasonable detail the reasons why the Form 10-K could not be filed within the prescribed time period. (Attach Extra Sheets If Needed)
The Registrant can not complete the required financial statements within the prescribed filing date without unreasonable effort and expense.
PART IV --OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification:
Craig S. Cody | (212) | 239-8210 | ||
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 oNo
(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 oNo
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.
Registrant acquired a foreign subsidiary, KWICK! Community GmbH & Co. KG, on September 30, 2011. Registrant’s Form 10-K for the fiscal year ended December 31, 2011 shall contain the first US GAAP audit of this foreign subsidiary based on PCOB standards. This has resulted in a delay in the preparation of final audited numbers. Registrant anticipates reporting a net profit for this fiscal year.
Kiwibox.Com, Inc. (f/k/a Magnitude Information Systems, Inc.)
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on their behalf by the undersigned hereunto duly authorized.
Date March 29, 2012 | By: | /s/ Craig S. Cody | |
Craig S. Cody, Chief Financial 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.
-----------------------------------ATTENTION------------------------------------
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).
--------------------------------------------------------------------------------