-----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, JUAQ/GqCYNq2skBBpI0YRBEd1fIXnTo81DLKHjJoIxU4OrNeIZoo19g5JWMb4Ax/ Y4uk/l+E9X6h5Cb/VDAQgw== 0000939802-97-000004.txt : 19970222 0000939802-97-000004.hdr.sgml : 19970222 ACCESSION NUMBER: 0000939802-97-000004 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961231 FILED AS OF DATE: 19970218 SROS: NONE 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: 97536634 BUSINESS ADDRESS: STREET 1: 350 WEST 300 SOUTH CITY: SALT LAKE CITY STATE: UT ZIP: 84101 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 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING FORM 10-QSB For Period Ended: December 31, 1996 Part I - Registrant Information Full Name of Registrant Avtel Communications, Inc. Former Name Hi, Tiger International, Inc. Address of Principal Executive Office 130 Cremona Drive, Suite C Santa Barbara, CA 93117 Part II - Rules 12b-25 (b) and (c) (a) The reasons described in Part III of this form could not be eliminated without unreasonable effort or expense. (b) The Form 10-QSB will be filed on or before February 20, 1997. (c) Attachment of statements not applicable. Part III - Narrative Due to an acquisition transaction in November 1996 and a pending acquisition by the registrant of West Net Communications, Inc., a California corporation, Form 10-QSB for the quarter ended December 31, 1996 could not be filed by February 14, 1996 without unreasonable effort and expense. 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 (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 reports. [x] Yes[ ] No (3) Is it anticipated that any significant change in results of operations from the corresponding period from the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [x] Yes [ ] 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. During the quarter ended December 31, 1996, the registrant acquired all of the issued and outstanding capital stock of Avtel Holdings, Inc. a California corporation ("AHI"). The acquisition was structured as a merger (the "Merger") and was completed in accordance with an Acquisition Agreement dated August 30, 1996. Pursuant to the Merger, a wholly owned subsidiary of the registrant was merged with and into AHI which became the surviving entity and a wholly owned subsidiary of the registrant. Also pursuant to the Merger, the shareholders of AHI acquired, after giving effect to the Merger, approximately 61% of the issued and outstanding capital stock of the registrant. In addition, the registrant authorized and issued 1,000,000 shares of its Series A Convertible Preferred Stock. During the quarter ended December 31, 1996, the registrant also acquired all of the issued and outstanding capital stock of Silicon Beach Communication, Inc., a California corporation ("SBC"). The registrant's loss from operations for the quarter ended December 31, 1996 increased by approximately $213,000 from the same quarter in the preceding year due, primarily, to a significant increase in general and administrative expenses relating to the Merger and the acquisition of SBC. The loss from operations in the quarter ended December 31, 1995, was $12,058 as compared to a loss from operations in the same quarter of 1996 of $225,376. Avtel Communications, Inc. has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: February 14, 1997 By: /S/ James P. Pisani Chief Operating Officer and Chief Financial Officer (Principal Financial and Accounting Officers) -----END PRIVACY-ENHANCED MESSAGE-----