UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
NOTIFICATION OF LATE FILING
Commission File Numbers:0-30653
(Check One):
[ ] Form 10-K and [] Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[ ] Form 11-K [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For the Period Ended December 31, 2002
[X] 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: December 31, 2002
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NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE
COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN
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If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
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Secured Diversified Investment, Ltd.
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Full Name of Registrant
N/A
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Former Name if Applicable
1000 Quail Street, Suite 190
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Address of Principal Office (Street and Number)
Newport Beach, California 92660
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City, State and Zip Code
PART II - - RULES 12b25 (b) and (c)
If the subject report could not be filed without reasonable effort or
expense and Secured Diversified Investment, Ltd. seeks relief pursuant to
Rule 12b25 (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;
[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 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 the Form 10-K and Form
10-KSB, 20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report
or portion thereof, could not be filed within the prescribed time period.
(ATTACH EXTRA SHEETS IF NEEDED).
Secured Diversified Investment, Ltd. has been unable to complete the
preparation of its transitional financial statements due to delays in
gathering information required to complete the preparation of financial
statements.
PART IV - - OTHER INFORMATION
1. Name and telephone number of persons to contact in regard to this
notification.
Richard T. Ludlow (801) 355-1341
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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 and 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 Secured Diversified Investment, Ltd. was
required to file such report be filed? If answer is no, identify
report(s).
[X] Yes [ ] No
3. Is it anticipated that any significant change in results or operations
form 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 separate, state the reasons why a reasonable
estimate of the results cannot be made.
Secured Diversified Investment, Ltd.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: April 1, 2003 By: /S/ Clifford L. Strand
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Clifford L. Strand, Chief Executive Officer
INSTRUCTION: The form may be signed by an executive officer of Secured
Diversified Investment, Ltd. 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 Secured Diversified Investment, Ltd. by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of Secured Diversified
Investment, Ltd. shall be filed with the form.
ATTENTION
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INTENTIONAL MISSTATEMENTS OR OMISSION OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
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