SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 12b-25
NOTIFICATION OF LATE FILING
Form 10-K Form 20-F Form 11-K X Form 10-Q Form N-SAR
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Commission file number 0-30653
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Secured Diversified Investment, Ltd.
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Full Name of Registrant
5030 Campus Drive
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Address of Principle Executive Offices (street and number)
Newport Beach, California 92612
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City, State and Zip Code
Part II - Rules 12b-25 (b) and (c)
If the subject could be filed without unreasonable effort or expense
and the Registrant seeks relief pursuant to Rule 12b-25 (b), the following
should be completed. (Check if appropriate).
X (a) The reasons described in reasonable detail in Part III of
------- this form could not be eliminated without unreasonable
effort of 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
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 statements 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, 10-KSB,
20-F, 11-K, 10-Q, 10-QSB, N-SAR, or the transition report or portion
thereof, could not be filed within the prescribed time period.
The quarterly report of the Registrant on Form 10-QSB could not be
filed because management requires additional time to compile and
verify the data required to be included in the report. The report
will be filed within fifteen calendar days of the date the original
report was due.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Clifford L. Strand (949) 851-1069
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Name Area Code Telephone Number
(2) Have all other reports required under Section 13 or 15 (b) of the
Securities and Exchange Act of 1934 or Section 30 or the
Investments Act of 1940 during the preceding 12 months (or for
such shorter) period that the Registrant was required to file
such reports been filed? If answer is no, identify report(s).
X Yes No
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(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
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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.
Secured Diversified Investment, Ltd.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: May 17, 2004 /S/ Munjit Johal
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Munjit Johal, Chief Financial Officer