-----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, MDYx8Rxjj/n3OrkvDeSRBn+80vbhentCl5ZhR3zf49kWNElVitdaFAl/A41LOskr 83/pW0vu8vBavKIYIjJyiA== 0001144204-08-030096.txt : 20080516 0001144204-08-030096.hdr.sgml : 20080516 20080516062211 ACCESSION NUMBER: 0001144204-08-030096 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080516 DATE AS OF CHANGE: 20080516 EFFECTIVENESS DATE: 20080516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN TOWERS ENTERPRISES INC CENTRAL INDEX KEY: 0001365669 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221] IRS NUMBER: 204574010 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-52150 FILM NUMBER: 08840292 BUSINESS ADDRESS: STREET 1: 5 ASH DRIVE CITY: CENTER BARNSTEAD STATE: NH ZIP: 03225 BUSINESS PHONE: 702 943 0714 MAIL ADDRESS: STREET 1: 5 ASH DRIVE CITY: CENTER BARNSTEAD STATE: NH ZIP: 03225 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN TOWER ENTERPRISES INC DATE OF NAME CHANGE: 20060609 NT 10-Q 1 v114837_nt10q.htm
 
 
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549 
 
FORM 12B-25
 
NOTIFICATION OF LATE FILING 
 
SEC File Number: 000-52150
 
CUSIP Number:  354807 10 9
 
Check One: o  Form 10-K    o  Form 20-F    o  Form 11-K    x  Form 10-Q    o  Form NSAR   
 
For the period ended: March 31, 2008
 
o  Transition Report on Form 10-K
o  Transition Report on Form 20-F
o Transition Report on Form 11-K
o  Transition Report on Form 10-Q
o  Transition Report on Form NSAR
 
For the transition period ended:  Not Applicable
 
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: Not Applicable 
 
 
 

 
 
PART I - REGISTRANT INFORMATION 
 
Full Name of Registrant: Franklin Towers Enterprises, Inc.
 
Former Name if Applicable: N/A
 
Address of Principal Executive Office: 5 Ash Drive, Center Barnstead, New Hampshire 03225
 
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)
 
 
 
(a) The reason 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 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
 
 
(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, or N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period.
 
Franklin Towers Enterprises, Inc. (the "Company") could not complete the filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2008 due to a delay in obtaining and compiling information required to be included in the Company's Form 10-Q, which delay could not be eliminated by the Company without unreasonable effort and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, the Company will file its Form 10-Q no later than the fifth calendar day following the prescribed due date.
 
PART IV - OTHER INFORMATION 
 
(1) Name and telephone number of person to contact in regard to this notification:

David Lubin, Esq.
516
887-8200
     
(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 for 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?  
 
Yes x No o 
 
If answer is no, identify report(s): Not Applicable 
 
 
 

 
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal years will be reflected by the earning statements to be included in the subject report or portion thereof?
 
Yes x  No o
 
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 registrant anticipates a significant change in the results of operations from the quarter ended March 31, 2007 to the quarter ended March 31, 2008 as a result of the acquisition of its wholly-owned subsidiary Chongqing Qiluo Textile Co. Ltd., a limited liability company organized under the laws of the People’s Republic of China. The acquisition was consummated in June 2007 and as a result there are operations to be reported for the quarter ended March 31, 2008 as compared to the quarter ended March 31, 2007 when the registrant had no operations and no revenues. However, until the registrant completes its review of the financial information from its operations in China, it can not make a reasonable estimate of the anticipate change.
 

 
 

 
 
FRANKLIN TOWERS ENTERPRISES, INC.
 
(Name of Registrant as Specified in Charter)
 
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.  

 
 
Dated: May 15, 2008
FRANKLIN TOWERS ENTERPRISES, INC.
   
   
 
By: /s/ Dingliang Kuang
 
Name: Dingliang Kuang
 
Title: Chief Executive Officer and President

 
ATTENTION
 
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001)
 
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