-----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, H9JhkDpf+8iIEaVLKInb2MbElj6Vp0XdGvwGkYbVDFZ+nASLEcgsj6ukLVIp8tVN 1n3PwZuFAab6skEjmEbGJw== 0000903893-96-001122.txt : 19961231 0000903893-96-001122.hdr.sgml : 19961231 ACCESSION NUMBER: 0000903893-96-001122 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960928 FILED AS OF DATE: 19961227 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: GODDARD INDUSTRIES INC CENTRAL INDEX KEY: 0000041980 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 042268165 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-02052 FILM NUMBER: 96687147 BUSINESS ADDRESS: STREET 1: 705 PLANTATION ST CITY: WORCESTER STATE: MA ZIP: 01605 BUSINESS PHONE: 5088522435 MAIL ADDRESS: STREET 1: P O BOX 165 CITY: WORCESTER STATE: MA ZIP: 01613-0765 NT 10-K 1 FORM 12B-25 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 12B-25 SEC File Number 0-2052 CUSIP Number 380262105 NOTIFICATION OF LATE FILING (Check One): [X] Form 10-K and [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q Form 10-KSB [ ] Form 10-Q and [ ] Form N-SAR Form 10-QSB For Period Ended: September 28, 1996 ------------------------------------ [ ] 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: _____________________ 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/Former Name if Applicable Goddard Industries, Inc. - -------------------------------------------------------------------------------- 705 Plantation Street - -------------------------------------------------------------------------------- Address of Principal Executive Office (Street and Number) Worcester, Massachusetts 01605 - -------------------------------------------------------------------------------- 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; [X] (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR, 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 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 the Form 10-K and Form 10-KSB, 20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach Extra Sheets if Needed) Please see Exhibit A attached hereto. PART IV - OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification David H. Murphree, Esquire (617) 856-8200 -------------------------- ------------------------------------ (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) been filed? If answer is no, identify report(s). Yes [X] 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. Please see Exhibit A hereto Goddard Industries, Inc. has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. Date December 26, 1996 By:/s/Saul I. Reck ------------------- Name: Saul I. Reck Title: President EX-99.A 2 EXHIBIT A TO FORM 12B-25 Exhibit A to Form 12b-25 ------------ RESPONSE TO PART III Goddard Industries, Inc. (the "Company") is unable to file its report on Form 10-KSB for the period ended September 28, 1996 within the prescribed time because of the fact that it is presently in the final stages of negotiation and execution of settlement agreements settling two of the three material environmental litigation matters in which the Company presently is involved (the Town of Shrewsbury suit, the trial of which is scheduled to commence on January 6, 1997, and the St. Paul Fire and Marine Insurance Co. declaratory judgment action related to insurance coverage). The finalization of interrelated, final written settlements among more than a dozen parties are at a sensitive stage. The Company believes that there is a high degree of likelihood that it will be able to enter into final written agreements with all parties with respect to both matters within the fifteen days following the prescribed filing date. The Company believes that disclosure prior to finalization of the settlements could be adverse to the Company's interests and potentially misleading to investors. It is anticipated that the terms of the final settlements will affect Item 3 of Part I, Item 6 of Part II, and the financial statements included under Part IV of the Form 10-KSB for the period ended September 28, 1996, as well as the corresponding disclosure items for the current period. RESPONSE TO PART IV(3) Before taking into account the effects of the environmental litigation and any settlement thereof as described under Part III above, it is anticipated that revenues for the full fiscal year ended September 28, 1996, will increase by approximately 22% and that net income will increase by approximately 60% over results for the preceding fiscal year. -----END PRIVACY-ENHANCED MESSAGE-----