SECURITIES & EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Notification of Late Filing
PAPERCLIP SOFTWARE, INC.
(Check one)
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[X] Form 10-Q and Form 10-QSB [ ] Form N-SAR [ ] Form N-CSR
For the period ended: December 31, 2006
[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR
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
PAPERCLIP SOFTWARE, INC.
Full name of Registrant
Jilin Dongsheng Weiye Science and
Technology Development Co., Ltd.
Jifeng East Road, Jilin China
c/o American Union Securities 100 Wall St. 15th Floor
Address of Principal Executive Office (Street and Number)
New York, NY 10005
City, State and Zip Code
212-232-0120
(Issuer's telephone number)
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;
[x](b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 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 of 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
PAPERCLIP SOFTWARE, Inc. is unable to file its Quarterly Report on Form 10-QSB
within the required time because there was a delay in completing the adjustments
necessary to close its books for the quarter.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Peter D. Zhou 212 232-0120 x230
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) or 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.
Yes [X] 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.
PAPERCLIP SOFTWARE, INC.
---------------------------------
Name of Registrant as Specified in its Charter
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: February 14, 2007 By: /s/ Aidong Yu
--------------------
Aidong Yu
Chief Executive Officer