0001023175-11-000163.txt : 20110331 0001023175-11-000163.hdr.sgml : 20110331 20110331135642 ACCESSION NUMBER: 0001023175-11-000163 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110331 DATE AS OF CHANGE: 20110331 EFFECTIVENESS DATE: 20110331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VALLEY FORGE COMPOSITE TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0001332412 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 203014499 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51420 FILM NUMBER: 11725145 BUSINESS ADDRESS: STREET 1: RIVER CENTER I STREET 2: 50 E RIVER CENTER BLVD, SUITE 820 CITY: COVINGTON STATE: KY ZIP: 41011 BUSINESS PHONE: 859-581-5111 MAIL ADDRESS: STREET 1: RIVER CENTER I STREET 2: 50 E RIVER CENTER BLVD, SUITE 820 CITY: COVINGTON STATE: KY ZIP: 41011 FORMER COMPANY: FORMER CONFORMED NAME: QUETZAL CAPITAL I INC DATE OF NAME CHANGE: 20050707 NT 10-K 1 valleyforgeform12b2520110122.htm NT 10K




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

(Check one):

OMB APPROVAL

 

OMB Number: 3235-0058
Expires: May 31, 2012
Estimated average burden
hours per response .... 2.50

 

 

 

 

 

 

 

 

[ x ] Form 10-K    [           ] Form 20-F    [           ] Form 11-K
[           ] Form 10-Q    [           ] Form 10-D    [           ] Form N-SAR    [           ] Form N-CSR

 

For Period Ended: December 31, 2010

[           ]

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:

 

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

 

Valley Forge Composite Technologies, Inc.
Full Name of Registrant

 

N/A
Former Name if Applicable

 

50 East River Center Blvd., Suite 820
Address of Principal Executive Office (Street and Number)

 

Covington, Kentucky 41011
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)

 

x

(a)

The reason 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, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will 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 subject distribution report on Form 10-D, 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 why Forms 10-K, 20-F, 11-K, 10-Q,10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The need for Registrant’s new accounting firm (previously reported on Form 8-K) to refine the expense calculations for options issued in 2010 and otherwise complete its first audit of Registrant precluded the Registrant from filing its Annual Report on Form 10-K for its fiscal year ended December 31, 2010 within the prescribed due date without unreasonable effort or expense.  Such annual report will be filed no later than the fifteenth calendar day following the prescribed due date.  

PART IV — OTHER INFORMATION

(1)

Name and telephone number of person to contact in regard to this notification


 

Louis J. Brothers

859

581-5111

 

(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 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.

 

Valley Forge Composite Technologies, 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: March 31, 2011


By:

/s/ Louis J. Brothers

 

 

Louis J. Brothers

 

Title:

President, CEO and CFO


 

Valley Forge Composite Technologies, Inc.


Attachment to Form 12b-25


March 31, 2011


Valley Forge Composite Technologies, Inc. reported a comprehensive loss in 2009 of $2,038,623.  The Company currently estimates that its comprehensive loss for 2010 will be $1,536,843.  This amount may be adjusted, in either direction, by the final results of the audit, which is currently being completed.