UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
Commission
File Number:
001-15643
(Check
One):
¨
Form
10-K
¨
Form
20-F
¨
Form 11-K
x
Form 10-Q
¨
Form N-SAR
¨
Form
N-CSR
For
Period Ended:
September
30, 2008
¨
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
attached instruction sheet 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
PREMIER
POWER RENEWABLE ENERGY, INC.
Full
name
of registrant:
HARRY’S
TRUCKING, INC.
Former
name if applicable:
4961
Windplay Drive, Suite 100
Address
of principal executive office (Street and number):
El
Dorado
Hills, California 95762
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;
|
|
(b)
|
The
subject annual report, semi-annual report, transition report on
Form 10-K,
Form 20-F, 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 portion thereof, could not be filed within the
prescribed time period. (Attach extra sheets if needed.)
The
Company has experienced a delay in completing the information necessary for
including in its September 30, 2008 Form 10-Q Quarterly Report (the “Quarterly
Report”). The Company expects to file the Quarterly Report within the allotted
extension period.
PART
IV — OTHER INFORMATION
|
(1)
|
Name
and telephone number of person to contact in regard to this
notification
|
|
Jamie
H. Kim, Esq.
|
|
(310)
|
|
208-1182
|
|
(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?
x
Yes
¨
No
|
As
reported in the Company’s Current Report on Form 8-K filed on September 11,
2008, the Company (then named “Harry’s Trucking, Inc.”) acquired the business
that now constitutes our current operations, by executing a Share Exchange
Agreement (“Exchange Agreement”) by and among the Company, the Company’s then
majority stockholder, Premier Power Renewable Energy, Inc., a California
corporation (“Premier Power California”), and the stockholders of Premier Power
California who, immediately prior to the closing of the transactions
contemplated by the Exchange Agreement, collectively held 100% of Premier Power
California’s issued and outstanding share capital (the “PPG Owners”).
Hereinafter, this share exchange transaction is described as the “Share
Exchange.”
Under
the
Exchange Agreement, the Company completed the acquisition of all of the equity
interests of Premier Power California held by the PPG Owners through the
issuance of 24,218,750 restricted shares of common stock of the Company to
the
PPG Owners. As a result of the Share Exchange, the PPG Owners became our
controlling stockholders, and Premier Power California became the Company’s
wholly owned subsidiary. In connection with Premier Power California becoming
the Company’s wholly owned subsidiary, the Company acquired the business and
operations of Premier Power California, and Premier Power California’s wholly
owned subsidiaries, Bright Future Technologies, LLC, a Nevada limited liability
company, and Premier Power Sociedad Limitada, a limited liability company formed
in Spain, became the Company’s indirect wholly owned subsidiaries. The closing
of the Share Exchange occurred on September 9, 2008. The above description
of
the Share Exchange is qualified in its entirety with reference to the Company’s
Current Report on Form 8-K, together with the exhibits included with such
report, as filed with the SEC on September 11, 2008.
The
Share
Exchange was accounted for under the purchase method of accounting as a reverse
acquisition. For accounting and financial reporting purposes, the Company was
treated as the acquired company, and Premier Power California was treated as
the
acquiring company. Consequently, the Share Exchange is treated as a
recapitalization of Premier Power California, and, thus, the assets,
liabilities, and historical operations that will be reflected in the
consolidated financial statements for the quarterly period ended September
30,
2008 are those of Premier Power California and are recorded at the historical
cost basis of Premier Power California. The Company’s assets and liabilities are
consolidated as of the effective date of the Share Exchange and are recorded
at
their net tangible book value. The Company’s results of operations are
consolidated with Premier Power California commencing the effective date of
the
Share Exchange. Accordingly, the amounts reflected in the Company’s financial
statements for the quarter ended September 30, 2008, including, but not limited
to, the Company’s revenue, net profit, assets, liabilities, and shareholder's
equity will differ significantly from that reported in the previous year's
Quarterly Report on Form 10-QSB filed for the corresponding fiscal quarter
in
2007. The Company is unable to provide an accurate quantitative estimate of
the
results for the fiscal quarters ended September 30, 2008 and 2007, as it has
not
yet completed the information necessary to provide such an estimate. The
Company, however, expects to file its Quarterly Report on Form 10-Q for the
quarter ended September 30, 2008 with such results within the allotted extension
period.
PREMIER
POWER RENEWABLE ENERGY, 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 17, 2008
|
/s/
Dean Marks
|
|
|
Dean
Marks
|
|
|
Chief
Executive Officer
|
Premier Power Renewable ... (CE) (USOTC:PPRW)
Historical Stock Chart
From May 2024 to Jun 2024
Premier Power Renewable ... (CE) (USOTC:PPRW)
Historical Stock Chart
From Jun 2023 to Jun 2024
