UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number: 0-17263
(Check one) [X] Form 10-K and Form 10-KSB [ ] Form
11-K [ ] Form 20-F [ ] Form 10-Q
[
] Form 10-QSB [ ] Form N-SAR
For Period Ended April 30, 2007
[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR
For Transition Period Ended:
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.
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
Champions Biotechnology, Inc.
Full Name of
Registrant
Former Name if Applicable
2200 Wilson Blvd., Suite 102-316
Address of Principal Executive Office
(Street and Number):
Arlington, Virginia 22201
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)
[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, 10-KSB, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, 10-QSB, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
[ ] (c) The accountants 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, 10-KSB, 11-K, 20-F, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof could not be filed within the prescribed period. (Attach extra sheets if needed.)
The Registrant’s annual report on Form 10-KSB could not be filed within the prescribed time period because its auditors need additional time to complete their review of the audited financial statements of the Registrant for the year ended April 30, 2007. Such delay could not be eliminated by the Company without unreasonable effort and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, the Company will file its Form 10-KSB no later than fifteen calendar days following the prescribed due date.
_____________________________________________________________________________________________
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
James Martell (703) 526-0400
(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 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 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.
Champions Biotechnology, Inc.
(Name of Registrant as Specified in
Charter)
Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Champions Biotechnology, Inc. |
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Date: July 27, 2007 |
By: |
/s/ James Martell |
James Martell |
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President and CEO |