United
States
Securities and Exchange Commission
Washington,
D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission
File No. 000-30489
Cusip No. 53221T 10 8
(Check One): [X] Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: June 30, 2005
_________________
[ ] 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:
_________________
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 1: REGISTRANT INFORMTION
Full Name of Registrant: Lifeline Therapeutics, Inc.
Former Name If Applicable: Yaak River Resources Inc.
Address of Principal Executive Office (street and number): 6400 South Fiddlers Green Circle, Suite 1970
City, State and Zip Code: Englewood, Colorado, 80111
PART 11: RULE 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; and |
[X] | (b) The subject annual report, semi-annual report, transition report on Form 10-K, 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, 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-KSB, 11-K, 20-F, 10-QSB, N-SAR or the transition report portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.)
Registrant is unable to complete its report on Form 10-KSB within the prescribed time without unreasonable effort or expense due to, among other things, delays caused by time demands from the Registrants recent activities. Accordingly, Registrant needs the extension of time to complete its report on Form 10-KSB.
PART IV: OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification:
William Kutney
720
488-1711
|
(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? [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.
Registrant anticipates estimated revenues of $2,353,795 for the fiscal year ended June 30, 2005, compared with no revenues for the fiscal year ended June 30, 2004. Registrant anticipates a net loss for the fiscal year ended June 30, 2005 that is substantially in excess of the net loss of $453,441 for the fiscal year ended June 30, 2004. Registrant believes that a reasonable estimate of the net loss for the fiscal year ended June 30, 2005 cannot be made at this time because it has not yet made final decisions concerning the accounting treatment of a number of matters.
LIFELINE
THERAPEUTICS, INC.
Name of Registrant as Specified in Charter
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Date: September 29, 2005 | /s/ William Kutney | ||||
By: William Kutney, Chief Financial Officer |