-----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, Qq7Wh+epJe0UrzsiV+R3NPBMefyXkO1LA/yja7hILyhUdtmHQXXxTUWSsLa0wt7O 77ZSD2Ai9ahBCN88dbSSgA== 0001144204-10-059076.txt : 20101110 0001144204-10-059076.hdr.sgml : 20101110 20101110163829 ACCESSION NUMBER: 0001144204-10-059076 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100930 FILED AS OF DATE: 20101110 DATE AS OF CHANGE: 20101110 EFFECTIVENESS DATE: 20101110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FUQI INTERNATIONAL, INC. CENTRAL INDEX KEY: 0001382696 STANDARD INDUSTRIAL CLASSIFICATION: JEWELRY, PRECIOUS METAL [3911] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-33758 FILM NUMBER: 101180502 BUSINESS ADDRESS: STREET 1: 5/F., BLOCK 1, SHI HUA INDUSTRIAL ZONE STREET 2: CHU ZHU ROAD NORTH CITY: SHENZHEN STATE: F4 ZIP: 518019 BUSINESS PHONE: 86075525806333 MAIL ADDRESS: STREET 1: 5/F., BLOCK 1, SHI HUA INDUSTRIAL ZONE STREET 2: CHU ZHU ROAD NORTH CITY: SHENZHEN STATE: F4 ZIP: 518019 FORMER COMPANY: FORMER CONFORMED NAME: VT MARKETING SERVICES INC. DATE OF NAME CHANGE: 20061205 NT 10-Q 1 v201717_nt10q.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 12b-25
NOTIFICATION OF LATE FILING
 
SEC FILE NUMBER:  001-33758
CUSIP NUMBER:  36102A 207
 
(Check One):  Form 10-K o  Form 20-F o  Form 11-K o
Form 10-Q x  Form 10-D o   Form N-SAR o   Form N-CSR o
 
For Period Ended:  September 30, 2010
 
o Transition Report on Form 10-K 
o Transition Report on Form 20-F 
o Transition Report on Form 11-K 
o Transition Report on Form 10-Q 
    o 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
 
Fuqi International, Inc.
Full Name of Registrant
 
N/A
 Former Name if Applicable
 
5/F., Block 1, Shi Hua Industrial Zone, Cui Zhu Road North
 Address of Principal Executive Office (Street and Number)
 
Shenzhen, 518019, People’s Republic of China
 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;
o
(b)
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR for 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-K, 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, N-SAR, N-CSR, or the transition report portion thereof, could not be filed within the prescribed time period.

The Registrant is unable to prepare and review all necessary information and disclosures in its Quarterly Report on Form 10-Q within the prescribed time period.  The Registrant requires additional efforts and time to accurately prepare and present all necessary disclosures.  As previously reported by the Registrant, the Registrant has identified accounting errors that will require a restatement of its condensed consolidated financial statements for the fiscal quarters ended March 31, June 30 and September 30, 2009 contained in its Quarterly Reports on Form 10-Q.  The accounting errors include errors related to inventory and cost of sales.  Because of the nature and timing of the review and analysis of the accounting errors by the Registrant and their impact on its condensed consolidated financial statements, the Registrant has been unable to file its Annual Report on Form 10-K for the year ended December 31, 2009, its Quarterly Report on Form 10-Q for the three months ended March 31, 2010, and its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2010, by their respective due date.  For the same reasons, the Registrant is unable to file its Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2010.   The Registrant will file its Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2010 as soon as it is able; however, such filing will not occur within the fifth calendar day after the prescribed due date for such report.

PART IV— OTHER INFORMATION
 
(1) Name and telephone number of person to contact in regard to this notification

Ching Wan Wong
  
852
  
6199-0741
(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).  Yes o  No x

The information in “Part III – Narrative”, above, is incorporated herein by reference.
 
(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 o

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.

The Registrant is unable to provide a reasonable estimate of the changes in the results of operations for the three and nine months ended September 30, 2010 and 2009 because, as indicated above in Part III of this Form 12b-25, the Registrant has identified accounting errors, including those related to inventory and cost of sales, that will result in a restatement of its condensed consolidated financial statements for the fiscal quarters ended March 31, June 30, and September 30, 2009 contained in its Quarterly Reports on Form 10-Q.  The Registrant continues to conduct its review and analysis of these errors and their impact on its condensed consolidated financial statements.  Due to the Company’s time and effort expended in the review and analysis, the Registrant has been unable, as of the date of this filing, to prepare and review the results of operations for the three and nine months ended September 30, 2010 that may be compared to the comparable periods of 2009, which will be restated.  As such, the Registrant is unable to provide a reasonable estimate of the changes in the results of operations for the foregoing periods. 

 
 
Fuqi International, 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:  November 10, 2010
By:
   /s/  Ching Wan Wong
   
Name:   Ching Wan Wong
   
Title:     C.F.O.
 
 
INSTRUCTION:  The form may be signed by an executive officer of the registrant or by any other duly authorized representative.  The name and title of the person signing the form shall be typed or printed beneath the signature.  If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.
 
ATTENTION
 
Intentional misinformation or omissions of fact
constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 
 
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