-----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, Lm7YcfNFzupOY9rxxpJ38IIOT7n9CNBwDi365MOYvFeBX0zqj85070sYSvJ/cB0y sIjBBh4z3WX6Ja8gvrH1ng== 0000912057-01-506730.txt : 20010410 0000912057-01-506730.hdr.sgml : 20010410 ACCESSION NUMBER: 0000912057-01-506730 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20001231 FILED AS OF DATE: 20010403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AUDIO HIGHWAY-COM CENTRAL INDEX KEY: 0001030108 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 770377306 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: SEC FILE NUMBER: 001-14697 FILM NUMBER: 1593053 BUSINESS ADDRESS: STREET 1: 20600 MARIANI AVE STREET 2: 408-255-5301 CITY: CUPERTINO STATE: CA ZIP: 95014 BUSINESS PHONE: 4082555301 MAIL ADDRESS: STREET 1: 20600 MARIANI AVENUE CITY: CUPERTINO STATE: CA ZIP: 95014 NT 10-K 1 a2044266znt10-k.txt FORM NT-10K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. FORM 12b-25 NOTIFICATION OF LATE FILING SEC FILE NUMBER: 1-14697 CUSIP NUMBER: 050740 10 9 (Check One): [X] Form 10-K [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q [ ] Form N-SAR For Period Ended: December 31, 2000 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 audiohighway.com - -------------------------------------------------------------------------------- Former Name if Applicable - -------------------------------------------------------------------------------- Address of Principal Executive Office (Street and Number) 84 W. Santa Clara St., Suite 300 - -------------------------------------------------------------------------------- City, State and Zip Code San Jose, CA 95113 - -------------------------------------------------------------------------------- PART II - RULES 12b-25(b) AND (c) (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 or semi-annual report/portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report/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. Not Applicable - -------------------------------------------------------------------------------- PART III - NARRATIVE State below in reasonable detail the reasons why the Form 10-K, 11K, 20-F, 1000-Q or N-SAR or portion thereof could not be filed within the prescribed time period. (Attach Extra Sheets if Needed) The Registrant filed for bankruptcy protection under Chapter 11 of the Federal Bankruptcy Code on January 10, 2001 and subsequently laid off all but a very skeletal staff. That staff is working with the Registrant's auditors and legal counsel to complete the audit and the drafting of the Annual Report on Form 10-KSB for the year ended December 31, 2000. However, additional time is needed, given its limited resources. This needed time will prevent the Registrant from filing the Report by April 2, 2001 without unreasonable effort and expense. - -------------------------------------------------------------------------------- PART IV - OTHER INFORMATION (1) Name and telephone number of persons to contact in regard to this notification Grant Jasmin (408) 861-4000 - -------------------------------------------------------------------------------- (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 report(s) 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? [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. See explanation attached. audiohighway.com (Name of Registrant as specified in charter) has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: April 2, 2001 By: /s/ Grant Jasmin -------------------------- Grant Jasmin Executive Vice President, Vice President, Finance and Chief Operating Officer 3 audiohighway.com Form 12b-25 PART IV, ITEM (3) EXPLANATION: The Registrant expects that it will have both lower revenues and higher expenses for the year ended December 31, 2000 compared to December 31, 1999. The funds used to expand the business in prior years had been exhausted, and in 2000, the Company was forced to significantly scale down its operations, lay off staff and forego business expansion. On January 10, 2001, the Registrant filed for protection under the federal bankruptcy laws. It continues to seek new sources of financing and transactions that may permit it to continue operations in some reorganized form but there is no assurance that it will be able to do so. The Registrant expects that there will be significant adjustments to many of its accounts due to the uncertainty of its ability to continue as a going concern. Because the audit of Registrant's results for the year ended December 31, 2000 has not been completed, the Registrant does not know the amounts of those adjustments at this time. 4 -----END PRIVACY-ENHANCED MESSAGE-----