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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
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
SEC File Number 1-12471
NOTIFICATION OF LATE FILING OF FORM 10-K
For Period Ended: December 31, 2000
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PART 1 - REGISTRANT INFORMATION
Full Name of Registrant: Pick Communications Corp.
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Former Name If Applicable: N/A
Address of Principal Executive Office (Street and Number): 5225-55 N.W. 87th Avenue
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City, State and Zip Code: Miami, Florida 33178
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PART II - RULES 12b-15(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 applicable).
[x] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[x] (b) The subject annual report on Form 10-K will be filed on or before
the 15th 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 Form 10-K could not be filed
within the prescribed time period.
The Registrant is restructuring its operations and has not been able to assemble
the information required for its annual report on Form 10-K for the fiscal year
ended December 31, 2000.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Helge Bornmann (305) 717-1500
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(Name) (Area Code) (Telephone No.)
(2) Have all other periodic reports require 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 earning statements to be included in the subject
report or portion thereof?
[ ] Yes [ x ] 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.
Pick Communications Corp.
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(Name of registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 30, 2001 By: /s/ Helge Bornmann
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Helge Bornmann
President and Chief Executive Officer
Instruction. The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and title of
the person signing the form shall be typed and printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
ATTENTION:
Intentional misstatement or omissions of fact constitute Federal criminal
violations (see 18 U.S.C. 1001).