0001144204-17-050685.txt : 20170929 0001144204-17-050685.hdr.sgml : 20170929 20170929160611 ACCESSION NUMBER: 0001144204-17-050685 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170630 FILED AS OF DATE: 20170929 DATE AS OF CHANGE: 20170929 EFFECTIVENESS DATE: 20170929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PORTSMOUTH SQUARE INC CENTRAL INDEX KEY: 0000079661 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] IRS NUMBER: 941674111 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-04057 FILM NUMBER: 171111579 BUSINESS ADDRESS: STREET 1: 1100 GLENDON AVENUE STREET 2: SUITE PH-1 CITY: LOS ANGELES STATE: CA ZIP: 90024 BUSINESS PHONE: (310) 889-2511 MAIL ADDRESS: STREET 1: 1100 GLENDON AVENUE STREET 2: SUITE PH-1 CITY: LOS ANGELES STATE: CA ZIP: 90024 NT 10-K 1 v476159_nt10k.htm NT 10-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SEC File No. 0-4057

CUSIP No. 737212100

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

 

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

 

For the Fiscal Year Ended: June 30, 2017

 

¨ Transition Report on Form 10-K

¨ Transition Report on From 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: N/A

 

NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMISSION HAS VERIFIED ANY OF THE INFORMATION CONTAINED HEREIN.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: N/A

  

PART I - REGISTRANT INFORMATION

 

 

Portsmouth Square, Inc.

Full Name of Registrant

 

 

N/A

Former Name if Applicable

 

 

1100 Glendon Avenue, Suite PH-1 

Address of Principal Executive Office (Street and Number)

 

 

Los Angeles, California 90024 

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 12b-25(b), the following should be completed. (Check box if appropriate)

 

(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

xprescribed 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. N/A

 

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 or portion thereof, could not be filed within the prescribed time period.

 

The Company has not been able to complete the required financial statements for the fiscal year ended June 30, 2017 on a timely basis. The Company expects to file the required report within the allocated extension.

 

PART IV - OTHER INFORMATION

 

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

 

David Nguyen (310) 889-2511   
(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 reports. 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 ¨ 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.

 

* The Company is in the process of reviewing its accounting for the expense accruals and the tax provision and may have adjustments related to these items. The Company has not yet made a final determination of the amount of such adjustments.

 

 

PORTSMOUTH SQUARE, INC.

(Name of Registrant as Specified in its Charter)

 

 

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

 

Date: September 29, 2017 By: /s/ David Nguyen
  David Nguyen, Treasurer
  Principal Accounting Officer