Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
15 November 2013 - 2:32PM
Edgar (US Regulatory)
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SEC FILE NUMBER
000-54403
CUSIP NUMBER
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
12b-25
NOTIFICATION OF LATE FILING
(Check one): [_]Form 10-K [_] Form 20-F [_] Form 11-K [X] Form 10-Q
[_] Form 10-D [_] Form N-SAR [_] Form N-CSR
For Period Ended: September 30, 2013
[_] 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 Instruction (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
POWERSTORM CAPITAL CORP.
Full Name of Registrant
Former Name if Applicable
2321 Rosecrans Avenue, Suite 4265
Address of Principal Executive Office (Street and Number)
El Segundo, CA 90245
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, 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 of 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
(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 why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR,
N-CSR, or the transition report portion thereof, could not be filed within the
prescribed time period.
POWERSTORM CAPITAL CORP. (the "Registrant") was unable, without unreasonable
effort or expense, to file its Quarterly Report on Form 10-Q for the period
ended September 30, 2013 (the "Quarterly Report") by the November 14, 2013
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 period ended September
30, 2013 to be incorporated in the Quarterly Report. The Registrant anticipates
that it will file the Quarterly Report no later than the fifth calendar day
following the prescribed filing date.
SEC 1344 (04-09) Persons who are to respond to the collection of information
contained in this form are not required to respond unless the
form displays a currently valid OMB control number.
(Attach extra Sheets if Needed)
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PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Michel Freni (310) 297-6807
(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). Yes[X] 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 [_] No[X]
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.
POWERSTORM CAPITAL CORP.
(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 14, 2013 By: /s/ Michel Freni
---------------------------------
Michel FreniCEO
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