UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE COMMISSION

OMB Number: 3235-0058

 

 

Expires: April 30, 2009

 

Washington, D.C. 20549

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hours per response 2.50

 

FORM 12b-25

 

 

 

SEC FILE NUMBER

 

 

333-119234

 

NOTIFICATION OF LATE FILING

 

 

 

 

 

 

 

 

(Check One): o Form 10-KSB o Form 20-F

o Form 11-K x Form 10-QSB

o Form 10-D

o Form N-SAR o Form N-CSR

 

For Period Ended: March 31, 2007

 

[

] 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

The Flooring Zone, Inc.

Full Name of Registrant

n/a

Former Name if Applicable

3219 Glynn Avenue

Address of Principal Executive Office (Street and Number)

Brunswick, Georgia 31520

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)

 

 

(a)  The reason 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, semi-annual report, transition report on Form 10-KSB, Form 20-F, 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-QSB, 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 Forms 10-KSB, 20-F, 11-K, 10-QSB, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The quarterly report of the registrant on Form 10-QSB could not be timely filed because management requires additional time to compile and verify the data required to be included in the report. The report will be filed within five calendar days of the date the original report was due.

 

PART IV -- OTHER INFORMATION

 

(1)

Name and telephone number of person to contact in regard to this notification

 

Mike Carroll

 

912

 

264-0505

(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).

 

x Yes

o 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?

 

x Yes

o 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 anticipates that during the quarter ended March 31, 2007 revenues will have decreased approximately 35% compared to the quarter ended March 31, 2006 as a result of the closing of the Company’s store in Yulee, Florida, with its corresponding decrease in total sales, and an overall slow down in construction in the area where our store is located. The Company estimates that cost of good sold will have decreased approximately 50% during the three months ended March 31, 2007 as compared to the same period 2006. As with revenues, this decrease in cost of goods sold was partially the result of the closing of our Yulee store. The reduction in cost of goods sold can also be attributed to the Company purchasing inventory at more competitive prices during 2007. As a result of the foregoing, the Company anticipates gross profit will be 15% higher and net loss will be 55% lower during the quarter ended March 31, 2007 compared to the quarter ended March 31, 2006.

 

 

 

                                                           The Flooring Zone, Inc.                                                       

 

(Name of Registrant as Specified in Charter)

 

 

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

 

 

Date:

May 16, 2007

By /s/ Mike Carroll

 

 

Mike Carroll, President