0001515971-14-000221.txt : 20140515 0001515971-14-000221.hdr.sgml : 20140515 20140515133309 ACCESSION NUMBER: 0001515971-14-000221 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140331 FILED AS OF DATE: 20140515 DATE AS OF CHANGE: 20140515 EFFECTIVENESS DATE: 20140515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Green Automotive Co CENTRAL INDEX KEY: 0001497632 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 223680581 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-54049 FILM NUMBER: 14845655 BUSINESS ADDRESS: STREET 1: 23 CORPORATE PLACE STREET 2: SUITE 150 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 877-449-8842 MAIL ADDRESS: STREET 1: 23 CORPORATE PLACE STREET 2: SUITE 150 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 FORMER COMPANY: FORMER CONFORMED NAME: Matter of Time I Co. DATE OF NAME CHANGE: 20100728 NT 10-Q 1 gacrnt10q033114.htm NT 10-Q Green Automotive Company




UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

SEC File No: 000-54049

Washington, D.C. 20549

CUSIP No:  39260A  10 0


 

 

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 


(Check One):       oForm 10-K     oForm 20-F     oForm 11-K     ýForm 10-Q     oForm 10-D     oForm N-SAR     oForm N-CSR


For Period Ended:  March 31, 2014


¨

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:___________________________


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.


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


Green Automotive Company

Full Name of Registrant



Former Name if Applicable


5495 Wilson Street

Address of Principal Executive Office (Street and Number)


Riverside, California  92509

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 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.


Primarily due to the death of the Company’s then-Chief Financial Officer on March 29, 2014, data and other information regarding certain material operations of the Company, as well as its financial statements required for the filing, were not readily available and could not be made available without unreasonable effort and expense.


PART IV — OTHER INFORMATION


(1)

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


Ian Hobday

 

(877)

 

449-8842

(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   o  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    o  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.


We anticipate our financial results for the three months ended March 31, 2014, will differ significantly from the same period of the prior year primarily due to: (i) the fact we did not sell any buses during the three months ended March 31, 2013, but manufactured buses and sold around 18 buses during the three months ended March 31, 2014, and (ii) the significant decrease in the price of our common stock during the three months ended March 31, 2014 compared to the three months ended March 31, 2013, led to a corresponding drop in the fair value of our derivative liabilities for the three months ended March 31, 2014.  The manufacturing and sale of buses during the three months ended March 31, 2014 is expected to significantly increase our revenue, cost of goods sold and operating expenses, as well as change our net profit/loss for the period ended March 31, 2014, compared to the same period the year prior.  The exact impact will not be known until our financial statements for the three months ended March 31, 2014 are completed.






Green Automotive Company

(Name of Registrant as Specified in Charter)


has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.


Date: May 15, 2014

By:

/s/ Ian Hobday



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 misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).