UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
(Check One ) [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K
[ X ] Form 10-Q [ ] Form N-SAR
For the Period Ended July 31, 2003
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[ ] 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
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Read Instructions (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: N/A
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PART I - REGISTRANT INFORMATION
NATIONAL AUTO CREDIT, INC.
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(Full Name of Registrant)
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(Former Name if Applicable)
555 Madison Avenue, 29th Floor
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(Address of principal executive offices)
New York, New York 10022
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(City, State and Zip Code)
PART II - RULES 12B-25(B) AND (C)
If the subject report could not be filled 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;
[ X ] (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
prescribed due date; or the subject quarterly report on Form 10-Q, or
portion thereof will be filled on or before the fifth calendar day
following the prescribed due date; or
[ ] (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-K, 20-F,
11-F 10-Q, N-SAR, or the transition report portion thereof, could not
be filed within the prescribed time period.
The Company requires additional as time to complete the filing of
its Quarterly Report on Form 10-Q for the period ended July 31,
2003 as a result of the consolidation of the Company's
acquisition, on July 31, 2003, a group of four companies, Campus
Group Companies, Inc., Audience Response Systems, Inc.,
Interactive Conferencing Network, Inc. and Multi-Video Services,
Inc., collectively known as The Campus Group. The Company's
accountants and Audit Committee require additional time to review
the financial statements and other portions of the 10-Q, which,
as a result of such acquisitions, contain historical information
unfamiliar to such persons.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Robert V. Cuddihy, Jr. 212 644-1400
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities 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 [ ] 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 [ 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.
NATIONAL AUTO CREDIT, INC.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized
Date September 15, 2003 By /s/ Robert V. Cuddihy, Jr.
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Chief Financial 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 or 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.
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