SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 000-49723
---------
NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K [ ] Form 11-K [ ] Form 20-F
[ X ] Form 10-Q [ ] Form 10-N-SAR
For Quarter Ended: September 30, 2007
[ ] Transition Report on Form 10-K [ ]Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F [ ]Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
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 I
REGISTRANT INFORMATION
Full Name of Registrant: Money Centers of America, Inc.
------------------------------
Address of Principal Executive Office (Street and Number):
700 S. Henderson Road, Suite 325
--------------------------------
City, State and Zip Code: King of Prussia, PA 19406
-------------------------
PART II
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 appropriate box)
[ 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, 20-F, 11-K or Form N-SAR or
Form N-CSR, 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
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 ] (c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.
-1-
PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
The third quarter of Money Centers of America, Inc. (the "Company") ended
on September 30, 2007. Accordingly, the Company's Quarterly Report on Form
10-QSB is required to be filed by November 14, 2007.
The Company has been informed by its auditors that they are unable to
complete their review of the Company's financial statements for the quarter
ended September 30, 2007 in time for filing by November 14, 2007.
As a result of the foregoing, the Company was unable to complete its
Quarterly Report on Form 10-QSB on a timely basis and to do so would have
required it to use unreasonable effort and to incur unreasonable expense.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Jason P. Walsh (610) 354-8888
------------------------------------------------------------------------------
(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.
-2-
MONEY CENTERS OF AMERICA, INC.
(Name of Registrant as specified in Charter)
Has duly caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 15, 2007 By: /s/ Jason P. Walsh
-------------------- ----------------------------
Jason P. Walsh
Chief Financial Officer
-3-
November 14, 2007
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549
Gentlemen:
This letter is written in response to the requirement of Rule 12b-25(c) under
the Securities Exchange Act of 1934 and in satisfaction of item (c) of Part II
of Form 12b-25.
We are the independent auditors of Money Centers of America, Inc. (the
"Registrant"). The Registrant has stated in Part III of its filing on Form
12b-25 that it is unable to timely file, without unreasonable effort or expense,
its Quarterly Report on Form 10-QSB for the quarter ended September 30, 2007
because our Firm has not yet completed its review of the Registrant's financial
statements for the quarter ended September 30, 2007 and is therefore unable to
furnish the required opinion on such financial statements.
We hereby advise you that we have read the statements made by the Registrant in
Part III of its filing on Form 12b-25 and agree with the statements made
therein.
Very truly yours,
/s/Sherb & Co., LLP
Certified Public Accountants
-4-