UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
Commission
File Number: 000-50243
(Check
One): [x] Form 10-K [_] Form 20-F [_] Form 11-K
[_] Form 10-Q [_] Form 10-D [_] Form N-SAR
[_]
Form
N-CSR
For
Period Ended: December
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: _______________
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
GIANT
MOTORSPORTS, INC.
__________________________________________
Full
Name
of Registrant
American
Busing Corporation
__________________________________________
Former
Name if Applicable
13134
Route 62
__________________________________________
Address
of Principal Executive Office
Salem,
Ohio 44460
__________________________________________
City,
State and Zip Code
PART
II -
RULES 12b-25 (b) AND (c)
If
the
subject report could not be filed out 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
reason 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, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will
be
filed on orbefore 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
10-D,
orportion
thereof, will be filed on or before the fifth calendar day following
the
prescribed due
date; and |
|
(c) The
accountant’s statement or 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.
The
Registrant has been unable to compile all pertinent information to complete
the
annual report or complete providing the Registrant's accountant with all of
the
accounting information necessary to complete the annual report. The annual
report could not be completed without unreasonable effort or
expense.
The
Registrant anticipates that it will file its Annual Report on Form 10-K within
the "grace" period provided by Securities Exchange Act Rule 12b-25.
PART
IV -
OTHER INFORMATION
(1)
Name
and
telephone number of persons to contact in regard to this
notification.
Gregory
A. Haehn
|
440
|
439-9480
|
(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 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 changes
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 in the 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 can not be made
SIGNATURE
GIANT
MOTORSPORTS, INC. has caused this notification to be signed on its
behalf
by
the
undersigned hereunto duly authorized.
Date:
March 27, 2008 By:
_/s/
Gregory A. Haehn______
Gregory
A. Haehn, President
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
misstatements or omissions of fact constitute Federal criminal violations (see
18 U.S.C. 1001).