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| FORM 12b-25 |
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| NOTIFICATION OF LATE FILING |
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(Check one): |
| Form 10-K |
| Form 20-F |
| Form 11-K | X | Form 10-Q |
| Form 10-D |
| Form N-SAR |
| Form N-CSR | |||
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| For Period Ended: | September 30, 2006 | |||||||||||||||
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| Transition Report on Form 10-K | |||||||||||||||
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| Transition Report on Form 20-F | |||||||||||||||
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| Transition Report on Form 11-K | |||||||||||||||
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| Transition Report on Form 10-Q | |||||||||||||||
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| Transition Report on Form N-SAR | |||||||||||||||
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| 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:
PART I — REGISTRANT INFORMATION
Broadcaster, Inc. |
Full Name of Registrant |
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International Microcomputer Software, Inc. |
Former Name if Applicable |
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9201 Oakdale Avenue, Suite 200 |
Address of Principal Executive Office (Street and Number) |
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Chatsworth, CA 91311 |
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)
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| (a) | The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; |
| (b) | The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 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-Q 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 | ||
X | ||||
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| (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-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra Sheets if Needed)
The registrant’s management devoted substantial time to working with counsel and others on the filing of a registration statement on Form SB-2, which was filed on November 13, 2006. As a result, the registrant is unable to file its Quarterly Report on Form 10-QSB in a timely manner without unreasonable effort or expense.
PART IV — OTHER INFORMATION
(1) | Name and telephone number of person to contact in regard to this notification | ||||||||
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| Blair Mills |
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| 206-9274 | ||||
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| (Telephone Number) | ||||
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(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). | ||||||||
Yes | X | 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? | ||||||||
Yes | X | No |
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| The registrant’s previous Quarterly Report on Form 10-QSB for the quarter ended September 30, 2005 reflected the Precision Design business, which was sold on June 9, 2006, as part of continuing operations. The assets and liabilities and results of operations of the Precision Design business will be reflected as a discontinued operation in the subject report. The registrant has not yet completed the preparation of its financial statements for the quarter ended September 30, 2006. However, its results from continuing operations will be impacted by the acquisition of AccessMedia Networks Inc. on June 1, 2006. As a result revenue increased for the quarter ended September 30, 2006 increased to approximately $4.6 million from $1.7 million in the quarter ended September 30, 2005. For the quarter ended September 30, 2006, the Company expects to report net loss of approximately $2,000,000, or $.03 per share, as compared to a net loss of approximately $1,951,000, or $.07 per share, for the quarter ended September 30, 2005.
. 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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Broadcaster, Inc. | ||||
(Name of Registrant as Specified in Charter) | ||||
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has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. | ||||
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Date: | November 14, 2006 |
| By: | /s/ Blair Mills |
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