SEC FILE NUMBER: 0-13851 

 

 

 

 

      CUSIP NUMBER: 65476M109 

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

FORM 12b-25 

NOTIFICATION OF LATE FILING 


(Check One): o Form 10-K o Form 20-F o Form 11-K S Form 10-Q o Form N-SAR o Form N-CSR

     For Period Ended: May 31, 2007                                           

      [  ]       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 I
REGISTRANT INFORMATION

Nitches, Inc.
Full Name of Registrant

Not applicable
Former Name if Applicable

10280 Camino Santa Fe
Address of Principal Executive Office (Street and Number)

San Diego, California 92121
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.)

       

(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 
S (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 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 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, N-CSR, or the transition report portion thereof, could not be filed within the prescribed time period.

The registrant’s preparation for, and compilation, dissemination and review of relevant information required by, the registrant’s Quarterly Report on Form 10-Q for the period ended May 31, 2007, could not be accomplished in order to permit a timely filing of such report without undue hardship and expense to the registrant. Although the registrant attempted to conclude an appropriate process, using the resources reasonably available to it, which would have permitted a timely filing of such report, the registrant was unable to do so. The registrant undertakes to file such report no later than five calendar days after its original prescribed due date.

PART IV
OTHER INFORMATION

     (1) Name and telephone number of person to contact in regard to this notification:

Steven P. Wyandt      858      625-2633 
(Name)  (Area Code)  (Telephone Number) 

     (2) Have all other periodic reports 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). S Yes  o 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? S Yes  o 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.

The registrant’s Quarterly Report on Form 10-Q for the period ended May 31, 2007 will reflect changes in operations as a result of its acquisitions of the assets of Taresha LLC effective July 1, 2006, and Saguaro LLC effective October 27, 2006. The report will also reflect the receipt of $1.5 million in financing proceeds during the period ended May 31, 2007, resulting from the sale of equity to Sojitz Corporation as described in the registrant's Current Report on Form 8-K filed with the Commission on April 25, 2007.

Nitches, 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:  July 13, 2006  By:       /s/ Steven P. Wyandt 
        Steven P. Wyandt, Chief Financial Officer 

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