NT 10-K 1 sept05-nt10k.txt ============================================================================= SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING Commission File Number: 000-29171 (Check One): [ X ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR For Period Ended: 09/30/2005 [ ] 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 For the Transition Period Ended: _____________________________________________________________________________ Read Attached Instruction Sheet 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: MED GEN INC Former Name if Applicable: N/A Address of Principal Executive Office: 7284 W PALMETTO ROAD, SUITE 207 City, State and Zip Code: BOCA RATON, FLORIDA 33422 Phone Number: 561-750-1100 PART II RULE 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) [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, 10-KSB, 20-F, 11-K or Form 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, 10-QSB 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 Form 10-K, 10-KSB, 11-K, 20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed). Med-Gen, Inc. is requesting this extension because we are waiting for supporting documents in order to complete the September 30, 2005, audit. The Company has been advised by its accountant's that several convertible debentures that were sold to accredited investors during the fiscal year contain language that requires additional derivative accounting computations. The Company has retained an expert firm to prepare these calculations and incorporate them into the filing. This information is required for the completion of the audit and certain portions of the report 10-KSB. By: /s/Paul B. Kravitz --------------------------- Paul B. Kravitz Chief Executive Officer PART IV OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification: Paul B. Kravitz 561-750-1100 ---------------- ------------------------------ (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 other 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? [] 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. Med-Gen, Inc. -------------------------------------------- [Name of Registrant as Specified in Charter] Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: December 29, 2005 By: /s/Paul B. Kravitz --------------------------- Paul B. Kravitz Chief Executive Officer