Form NT 10-K

CREATIVE VISTAS INC - CVAS

Filed: April 03, 2006 (period: December 31, 2005)

Notification that form 10-K will be submitted late

 
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UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25
 
SEC FILE NUMBER
0-30585
CUSIP NUMBER
225300 10 2 
 
NOTIFICATION OF LATE FILING
 
For the Period ended December 31, 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:

Read Instruction (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
 
Creative Vistas, Inc.
Full Name of Registrant
 
Former Name if Applicable
 
2100 Forbes Street, Units 8-10,
Address of Principal Executive Office (Street and Number)
 
Whitby, Ontario, Canada L1N 9T3
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, 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 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.
 
See Exhibit A attached hereto.

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PART IV -- OTHER INFORMATION
 
(1) Name and telephone number of person to contact in regard to this notification
 
Sayan Navaratnam | | 905 | | 666-8676
(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 such reports. | 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 ⌧ 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.
 
See Exhibit B hereto.
 
Creative Vistas, Inc.
(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 31, 2006 | By: | /s/ Sayan Navaratnam
| Sayan Navaratnam
| President and Chief Executive Officer
 
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
 
Intentional misstatement or omissions of fact constitute FEDERAL CRIMES VIOLATIONS (SEE 18 U.S.C. 1001.)
 
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 amended notification.
 
5. Electronic Files. 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 (§ 232.201 or § 232.202 of this chapter) or apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation S-T (§ 232.13(b) of this chapter).

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Exhibit A to Form 12b-25
 
Certain issues affecting presentation and disclosure were not resolved until the eve of the filing due date. In order to ensure that the Company's Form 10-KSB for the fiscal year ended December 31, 2005 reflected current information, filing has been delayed for a brief period.

 
 
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Exhibit B to Form 12b-25

Prior to September 30, 2004, we had no independent business operations. On September 30, 2004, we completed the acquisition of AC Technical Systems Ltd, resulting in a significant change in our results of operations.

 We expect to report an income of approximately $827,000 on revenues of approximately $8,718,000 for the twelve month period ended December 31, 2005.

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