-----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, RPAffmIneu8G6kU/8VJMZGkCaMMO/MpvPbT54Unbb34A2eVVW+lLsI8Xb8XlpW39 ovx918DVRXLSjeNqQsF/Yw== 0000950150-97-001180.txt : 19970815 0000950150-97-001180.hdr.sgml : 19970815 ACCESSION NUMBER: 0000950150-97-001180 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970630 FILED AS OF DATE: 19970814 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: COSMETIC GROUP USA INC /CA/ CENTRAL INDEX KEY: 0000867028 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] IRS NUMBER: 954040591 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-13126 FILM NUMBER: 97660231 BUSINESS ADDRESS: STREET 1: 11312 PENROSE ST CITY: SUN VALLEY STATE: CA ZIP: 91352 BUSINESS PHONE: 8187672889 MAIL ADDRESS: STREET 1: 11312 PENROSE STREET CITY: SUN VALLEY STATE: CA ZIP: 91352 FORMER COMPANY: FORMER CONFORMED NAME: K7 CAPITAL CORP DATE OF NAME CHANGE: 19930328 NT 10-Q 1 NOTIFICATION OF LATE FILING 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING SEC File Number 0-19227 --------------- CUSIP Number 221240-104 --------------- (Check One): [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-QSB [ ] Form N-SAR For Period Ended: June 30, 1997 -------------------------------------------------------- [ ] 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 - ------------------------------------------------------------------------------ Full Name of Registrant COSMETIC GROUP U.S.A., INC. - ------------------------------------------------------------------------------ Former Name if Applicable N/A - ------------------------------------------------------------------------------ Address of Principal Executive Office (Street and Number) 11312 PENROSE STREET, SUN VALLEY, CA 91352 - ------------------------------------------------------------------------------ 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 Rules 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 Form 10-K, Form 20-F, 11-K, 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 of 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, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. (ATTACH EXTRA SHEETS IF NEEDED) 2 PART IV--OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Jennifer Eggers, CFO 818 767-2889 --------------------------------------- ----------- ------------------ (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 reports) 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 of 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. - ------------------------------------------------------------------------------ COSMETIC GROUP U.S.A., 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 8/14/97 By /s/ JENNIFER EGGERS --------------------------- ------------------------------------- JENNIFER EGGERS, CFO 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) - ------------------------------------------------------------------------------ GENERAL INSTRUCTIONS 1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934. 2. One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act. The information contained in or filed with the form will be made a matter of public record in the Commission files. 3. A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered. 4. Amendments to the notifications must also be filed on form 12b-25 but need not restate information that has been correctly furnished. The form shall be clearly identified as an amended notification. (Attach Extra Sheets If Needed) 3 COSMETIC GROUP U.S.A., INC. ATTACHMENT TO FORM 12b-25 PART III On May 30, 1997 the Registrant entered into an Agreement in Principle and on July 24, 1997 signed an Asset Purchase Agreement for the sale of the Registrant's Contract Packaging Assets and Business. Closing of the transaction is subject, among other matters to clearance of the Registrant's proxy materials with the Securities and Exchange Commission and approval of the Registrant's shareholders. As a result of the above, the Registrant will prepare the financial information included in the June 30, 1997 10-QSB showing the operation of the Contract Packaging Business as a discontinued operation. The additional information required for this presentation, including the restatement of prior periods, has taken the Registrant's accounting staff extra time and the financial statements will not be completed for filing on the due date without extension. 4 PART IV (3) The Registrant estimates that operating results (as restated for presentation of Contract Packaging Business as a discontinued operation) will be as follows:
Three months ended June 30 Six months ended June 20 -------------------------- ---------------------------- 1997 1996 1997 1996 ----------- --------- ----------- ----------- Loss from continuing operations . . . . . . . $(1,100,000) $(880,000) $(1,600,000) $(1,460,000) Income from discontinued operation . . . . . . . 10,000 970,000 610,000 1,620,000 ----------- --------- ----------- ----------- Net income (loss) . . . . $(1,090,000) $ 90,000 $ 990,000 $ 160,000
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