0001020488-01-500041.txt : 20011009
0001020488-01-500041.hdr.sgml : 20011009
ACCESSION NUMBER: 0001020488-01-500041
CONFORMED SUBMISSION TYPE: NT 10-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20010630
FILED AS OF DATE: 20011001
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: NETGATEWAY INC
CENTRAL INDEX KEY: 0001075736
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 870591719
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: NT 10-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27941
FILM NUMBER: 1749760
BUSINESS ADDRESS:
STREET 1: 754 EAST TECHNOLOGY AVE
CITY: OREM
STATE: UT
ZIP: 84097
BUSINESS PHONE: 5823080010
MAIL ADDRESS:
STREET 1: 754 EAST TECHNOLOGY AVE
CITY: OREM
STATE: UT
ZIP: 84097
NT 10-K
1
form12b25100101.txt
NOTIFICATION OF LATE FILING
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): |X| Form 10-K |_| Form 20-F |_| Form 11-K
|_| Form 10-Q |_| Form N-SAR
For Period Ended: June 30, 2001
|_| 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: ______________________
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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.
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If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
Netgateway, Inc.
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Full Name of Registrant
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Former Name if Applicable
754 East Technology Avenue
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Address of Principal Executive Office (Street and Number
Orem, Utah 84097
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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 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 or Form N-SAR, or portion thereof
will be filed on or before the fifteenth calendar day following
{X} 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 RESPONSE
State below in reasonable detail the reasons why Form 10-K and 10-KSB, 20-F,
11-K, 10-Q, N-SAR, or the transition report or portion thereof could not be
filed within the prescribed period.
During its current fiscal year Registrant engaged a new firm
of independent public accountants, Registrant's Chief
Financial Officer and Controller were replaced, Registrant
relocated its headquarters from Long Beach, California to
Orem, Utah following a major acquisition completed at the end
of its previous fiscal year and Registrant experienced
financial difficulties that resulted in a significant
reduction in the level of staffing and resources available to
its accounting department. The audit process required more
time than originally anticipated. It is anticipated that the
audit will be concluded within the very near future so the
Form 10-K can be filed on or before the prescribed extended
due date.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
George M. Flint III (801) 532-1234
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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 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
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(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.
Registrant experienced a significant improvement in its
results of operations from the prior fiscal year as a result
of (i) a change in its product offerings the Company's revenue
in the fiscal year ended June 30, 2001 will not correspond
closely to the prior year. In the circumstances, the Company
expects to report a reduction in net loss for the fiscal year
ended June 30, 2001 compared to June 30, 2000 and (ii) a
significant reduction in non-cash charges associated with
employee equity related compensation in the prior fiscal year.
Registrant is not able to reasonably estimate the extent of
these changes for the reasons noted in its response to Part
III of this Notification of Late Filing.
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Netgateway, Inc.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: September 28, 2001 By: /s/ Frank C. Heyman
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Frank C. Heyman, Chief Financial Officer