-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OhHhLCbA9zIDr5DLyAZWsI/pYeiE1htBtHtjHDFSPRJ9+h9vs3AK9y/KLP7BojPh U32CtL6743JWW/Hq983KqA== 0000898430-97-002192.txt : 19970520 0000898430-97-002192.hdr.sgml : 19970520 ACCESSION NUMBER: 0000898430-97-002192 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970331 FILED AS OF DATE: 19970515 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: AVTEL COMMUNICATIONS INC/UT CENTRAL INDEX KEY: 0001005974 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TELEPHONE INTERCONNECT SYSTEMS [7385] IRS NUMBER: 870378021 STATE OF INCORPORATION: UT FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-27580 FILM NUMBER: 97609305 BUSINESS ADDRESS: STREET 1: P O BOX 8446 CITY: GOLETA STATE: CA ZIP: 93118 BUSINESS PHONE: 8013221221 MAIL ADDRESS: STREET 1: 350 WEST 300 SOUTH CITY: SALT LAKE CITY STATE: UT ZIP: 84101 FORMER COMPANY: FORMER CONFORMED NAME: HI TIGER INTERNATIONAL INC DATE OF NAME CHANGE: 19960119 NT 10-Q 1 NOTICE OF LATE FILING OF FORM 10-QSB UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING (Check One): [_] Form 10-K [_] Form 20-F [_] Form 11-K [X] Form 10-Q [_] Form N-SAR For Period Ended: MARCH 31, 1997 ------------------------------------ [_] 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 - -------------------------------------------------------------------------------- Full Name of Registrant AvTEL COMMUNICATIONS, INC. - -------------------------------------------------------------------------------- Former Name if Applicable HI, TIGER INTERNATIONAL, INC. - -------------------------------------------------------------------------------- Address of Principal Executive Office (Street and Number) 130 CREMONA DRIVE, SUITE C - -------------------------------------------------------------------------------- City, State and Zip Code SANTA BARBARA, CA 93117 - -------------------------------------------------------------------------------- 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; | (b) The subject annual report, semi-annual report, transition report | on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will [X] | 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, 11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. (ATTACH EXTRA SHEETS IF NEEDED) Due to a pending acquisition by the Registrant of Matrix Telecom, Inc., a Texas corporation, the Company's management, accounting and other resources have not been able to direct sufficient time and attention to the proper preparation and filing of Form 10-QSB for the quarter ended March 31, 1997, without unreasonable effort and expense. On April 29, 1997, the Registrant entered into a Stock Exchange Agreement with Matrix Telecom, Inc., a Texas corporation ("Matrix") pursuant to which twenty-one (21) persons or entities who own 100% of the issued and outstanding common of stock of Matrix ("Matrix Stockholders") will exchange such common stock for an aggregate of 34,590,049 of the Registrant's $.001 par value common stock. As a result of the transaction, the Matrix Stockholders will, after giving effect to the exchange, acquire and hold approximately 79% of the issued and outstanding common stock of the Registrant on a fully diluted basis. SEC 1344 (11-91) PART IV--OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification JAMES P. PISANI (805) 685-0355, EXT. 702 ------------------------------------ ----------- ------------------------- (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 such shorter) period that the registrant was required to file such reports) been filed? If the answer is no, identify report(s). [X] Yes [_] 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. SEE ATTACHED NARRATIVE - -------------------------------------------------------------------------------- AvTEL COMMUNICATIONS, 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 MAY 12, 1997 By /s/ JAMES P. PISANI ----------------------------- ----------------------------------------- James P. Pisani, Executive Vice President Chief Operating Officer and Chief Financial Officer (Principal Financial and Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----