Notification That Annual Report Will Be Submitted Late (nt 10-k)
January 31 2017 - 8:01AM
Edgar (US Regulatory)
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OMB APPROVAL
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OMB Number:
3235-0058
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UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
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Expires:
October 31, 2018
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Estimated
average burden
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hours per
response.......2.50
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FORM
12b-25
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SEC FILE NUMBER
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333-185909
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CUSIP NUMBER
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NOTIFICATION
OF LATE FILING
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468642205
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(Check one):
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☑
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Form
10-K
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☐
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Form
20-F
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☐
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Form
11-K
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☐
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Form
10-Q
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☐
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Form
10-D
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☐
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Form
N-SAR
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☐
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Form
N-CSR
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For Period Ended:
October 31, 2016
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☐
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Transition
Report on Form 10-K
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☐
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Transition
Report on Form 20-F
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☐
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Transition
Report on Form 11-K
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☐
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Transition
Report on Form 10-Q
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☐
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Transition
Report on Form N-SAR
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For the Transition Period
Ended:
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Nothing
in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification
relates to a portion of the filing checked above, identify the
Item(s) to which the notification relates:
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PART
I — REGISTRANT INFORMATION
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INTERACTIVE
MULTI-MEDIA AUCTION CORPORATION
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Full Name of
Registrant
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N/A
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Former Name if
Applicable
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20 – 22 Wenlock Road
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Address of
Principal Executive Office
(Street
and Number)
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London N1 7GU United
Kingdom
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City, State and Zip
Code
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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)
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(a)
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The reason
described in reasonable detail in Part III of this form could not
be eliminated without unreasonable effort or expense
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☑
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(b)
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The subject annual
report, semi-annual report, transition report on Form 10-K, Form
20-F, Form 11-K, Form N-SAR or Form N-CSR, 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 subject distribution report on Form 10-D, or
portion thereof, will be filed on or before the fifth calendar day
following the prescribed due date; and
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(c)
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The
accountant’s statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
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PART
III – NARRATIVE
State below in
reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
10-D, N-SAR, N-CSR, or the transition report or portion thereof,
could not be filed within the prescribed time period.
(Attach extra
Sheets if Needed)
The Registrant is
unable to file, without unreasonable effort and expense, its Form
10-K Annual Report for the period ended October 31, 2016 because
the Registrant was not able to provide, in a timely manner, the
Registrant’s accountant with all the necessary information in
order for the Registrant’s accountant to complete their
review of the Form 10-K prior to the filing deadline. It is
anticipated that the Form 10-K Annual Report, along with the
financial statements, will be filed on or before the 15th calendar
day following the prescribed due date of the Registrant’s
Form 10-K.
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PART
IV — OTHER INFORMATION
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(1)
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Name and telephone
number of person to contact in regard to this
notification
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Nicholas Hargreaves
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+44
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207-608-5510
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(Name)
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(Area
Code)
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(Telephone
Number)
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(2)
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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).
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Yes
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☑
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No
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☐
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(3)
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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?
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Yes
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No
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☐
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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.
The Company currently anticipates that it will
report a net loss of approximately $460,000, on revenues of
approximately $158,000, for the year ended October 31, 2016, as
compared to a net loss of approximately $308,000, on revenues of
$234,000, for the year ended October 31, 2015. The
significant increase in losses is principally attributable to an
impairment charge of approximately $356,000.
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INTERACTIVE MULTI-MEDIA AUCTION
CORPORATION
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(Name of Registrant
as Specified in Charter)
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has caused this
notification to be signed on its behalf by the undersigned hereunto
duly authorized.
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By:
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/s/
NICHOLASHAGREAVES
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Name:Nicholas
Hargreaves
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Title:President,
Chief Executive Officer, Chief Financial Officer and
Director
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3
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