SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 000-49723
NOTIFICATION OF LATE FILING
(Check One): [X] Form 10-K [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q
[ ] Form 10-N-SAR
For Period Ended: December 31, 2004_
[ ] 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:
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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.
Former Name If Applicable: iGames Entertainment, 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 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
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[ X ] (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 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 fiscal year of Money Centers of America, Inc. (the "Company") ended
on December 31, 2004. Accordingly, the Company's Annual Report on Form 10-KSB is
required to be filed by March 31, 2005.
The Company has been informed by its auditors that comments recently
received by the Company from the SEC in connection with a Registration Statement
on Form SB-2 filed with the SEC will require revisions to the Company's audited
financial statements for the fiscal year ended March 31, 2004, primarily with
respect to the Notes to the financial statements, and that the Company's
auditors were unable to complete such revisions in time due to the timing of the
receipt of the SEC's comments.
As a result of the foregoing, the Company was unable to complete its
Annual Report on Form 10-KSB 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
Christopher M. Wolfington (610) 354-8888
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(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.
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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: March 31, 2005 By: /s/ Christopher M. Wolfington
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Christopher M. Wolfington
Chief Executive Officer
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March 31, 2005
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 Annual Report on Form 10-KSB for the year ended December 31, 2004 because
our Firm has not received the completed revisions to the financial statements of
the Registrant for the year ended March 31, 2004 in response to comments
received by the Commission on such financial statements in response to the
filing by the Registrant of a Registration Statement on Form SB-2 including such
financial statements 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