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UNITED STATES SEC File Number
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549 -------
CUSIP Number
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One) [X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR
For Period Ended: December 31, 2001
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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 Instruction (on back page) Before Preparing Form. Please Print or Type.
NOTHING IN THE 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:
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant
BLAGMAN MEDIA INTERNATIONAL, INC.
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Former Name if Applicable
MNS Eagle Equity Group I, Inc. (Predecessor registrant prior to a stock exchange
on April 20, 2000)
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Address of Principal Executive Office (Street and Number)
1701 Avenue of the Stars, Suite 1710, Los Angeles, California 90067
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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 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 of 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.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Forms 10-K, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
POTENTIAL PERSONS WHO ARE TO RESPOND TO
THE COLLECTION OF INFORMATION CONTAINED
(ATTACH EXTRA SHEETS IF NEEDED) IN THIS FORM ARE NOT REQUIRED TO
RESPOND UNLESS THE FORM DISPLAYS A
CURRENTLY VALID OMB CONTROL NUMBER.
PART III - NARRATIVE
The Company and its independent accountant will not complete their
review and preparation of the Company's Financial Statements for the period
ended December 31, 2001 and the related disclosure in Part I of the Annual
Report on Form 10-KSB by March 31, 2002 without unreasonable effort and expense
because (i) the Company intends to summarize in a Subsequent Events Note and in
the Business Discussion of the Annual Report, the aspects of the merger (through
a wholly owned subsidiary) with Century Media, Inc. completed on March 22, 2002,
(ii) the Company's limited administrative and financial personnel have been
focused on completing the merger and (iii) the accounting and documentation of
the significant transactions during 2001 involving the issuance of equity
capital are still being completed. A copy of the letter from Weinberg & Co.,
P.A. is attached as an exhibit.
PART IV - OTHER INFORMATION (3)
It is not anticipated that there will be any significant change in the
actual results from the operations of the Company as reflected in the earnings
statement. The accounting for the equity issuances during 2001 may result in a
significant increase in the losses reflected in the earnings statement. However,
the matters relating to the documentation and accounting for the transactions
during 2001 involving the issuance of equity have not been finalized and the
Company is not able to make an estimate of the impact of these transactions on
its earning statements for the year ended December 31, 2001.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Robert Blagman, Chairman and CEO 310 788-5444
--------------------------------------- ----------- ------------------
(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 [ ] No
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(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 [ ] 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.
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Blagman Media International, 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 March 28, 2001 By /s/ ROBERT BLAGMAN
--------------------------- -------------------------------------
Robert Blagman, Chairman and CEO
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.
ATTENTION
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INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001)
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GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the
General Rules and Regulations under the Securities Exchange Act of
1934.
2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and
Exchange Commission, Washington, D.C. 20549, in accordance with Rule
0-3 of the General Rules and Regulations under the Act. The
information contained in or filed with the form will be made a matter
of public record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be
filed with each national securities exchange on which any class of
securities of the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but
need not restate information that has been correctly furnished. The
form shall be clearly identified as an amendment notification.
5. Electronic Filers. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties.
Filers unable to submit a report within the time period prescribed due
to difficulties in electronic filing should comply with either Rule
201 or Rule 202 of Regulation S-T (Section 232.201 or Section 232.202
of this chapter) or apply for an adjustment in filing date pursuant to
Rule 13(b) of Regulation S-T (Section 232.12(c) of this chapter).
[WEINBERG & COMPANY, P.A. LETTERHEAD]
March 27, 2002
Mr. Robert Blagman
Blagman Media International, Inc.
1901 Avenue Of The Stars
Suite 1710
Los Angeles, California 90067
Please be advised that we are unable to provide our opinion on the consolidated
financial statements of Blagman Media International, Inc. as of December 31,
2001 and for the year then ended because we are awaiting responses for certain
independent confirmations and various documentation relating to equity
transactions. We expect to receive such information shortly.
Very truly yours,
/s/ WEINBERG & COMPANY, P.A.
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WEINBERG & COMPANY, P.A.
Certified Public Accountants