PSPW 3Power Energy Group Inc (CE)

U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 12b-25

 

Commission File Number 333-103647

 

NOTIFICATION OF LATE FILING

 

(CHECK ONE):

 

¨ Form 10-K	¨ Form 20-F	¨ Form 11-K
x Form 10-Q	¨ Form N-SAR

 

For the Quarter Ended: September 30, 2015

 

¨ 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

 

3 POWER ENERGY GROUP, INC.

Full Name of Registrant

 

P.O. Box 50006

Sh. Rashid Building

Sh. Zayed Road

Address of Principal Executive Office (Street and Number)

 

Dubai, United Arab Republic

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 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, Form 11-K or 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 or 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 Forms 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.

 

3Power Energy Group, Inc. (the “Registrant”) was unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-K for the period ended September 30, 2015 (the “Annual Report”) by the November 16, 2015 filing date applicable to smaller reporting companies due to a delay experienced by the Registrant in completing its financial statements and other disclosures in the Quarterly Report. As a result, the Registrant is still in the process of compiling required information to complete the Quarterly Report and its independent registered public accounting firm requires additional time to complete its review of the financial statements for the quarter ended September 30, 2015 to be incorporated in the Quarterly Report. The Registrant anticipates that it will file the Quarterly Report no later than the fifteenth calendar day following the prescribed filing date.

 

PART IV--OTHER INFORMATION

 

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

 

Sharif Rahman	011(97)	14 3210312
(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 the 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?

 

¨ Yes x 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.

 

3Power Energy Group, Inc.

(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

Date: November 16, 2015	By:	/s/ Sharif Rahman
		Sharif Rahman
		Title: Chief Executive Officer