UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File Number: 000-29935
Notification of Late Filing
(Check one)
| | Form 10-K |_| Form 11-K |_| Form 10-Q |_| Form N-SAR
|X| Form 10-KSB
For Period Ended: December 31, 2006
|_| 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: N/A
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
CROWN EQUITY HOLDINGS INC.
Full name of Registrant
Micro Bio-Medical Waste Systems, Inc.
Former Name if Applicable
27430 Riverside Lane
Address of principal executive offices(Street and Number)
Valencia CA 91354
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 appropriate box.) |_| Yes |_| No
|X| (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 N-SAR, or portion thereof, will be filed on or
before the 15th 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.
|_| 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 Form 10-K, 11-K, 20-F, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Registrant's quarterly report on Form 10-KSB for the year ended
December 31, 2006 will be filed on or before the fifteenth calendar day
following the prescribed due date. The reason for the delay is that the
Registrant is waiting for certain information from a third party.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Claudia Zaman (661) 287-3772
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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 Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or such shorter period that the
registrant was required to file such report(s) been filed? If answer is
no, identify report(s). |X| Yes |_| No
(3) Is it anticipated that any significant change in results of operation for
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 anticipated change, both narratively and
quantitatively, and if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
CROWN EQUITY HOLDINGS 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 April 2, 2007 By:/s/ Claudia Zaman
Claudia Zaman, CEO
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 executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be
filed with the form.
ATTENTION
Intention misstatements or omissions of fact constitute Federal criminal
violations. (See 18 U.S.C. 1001)