-----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, Utmr31OzoTIFh8McqyRSfYsfpgbVIsxMwzPLSKaHvK1aDL7pdAuVPIKKiqlMBKSA baUNmdlmAJmhGmiaigiEeQ== 0001012709-02-001298.txt : 20020916 0001012709-02-001298.hdr.sgml : 20020916 20020916154731 ACCESSION NUMBER: 0001012709-02-001298 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020731 FILED AS OF DATE: 20020916 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MULTI SOLUTIONS INC CENTRAL INDEX KEY: 0000723733 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 222418056 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-12162 FILM NUMBER: 02764926 BUSINESS ADDRESS: STREET 1: 4262 US ROUTE 1 STREET 2: SUITE 2 CITY: MONMOUTH JUNCTION STATE: NJ ZIP: 08852 BUSINESS PHONE: 9083299200 MAIL ADDRESS: STREET 1: 4262 US HIGHWAY 1 STREET 2: SUITE 2 CITY: MONMOUTH JUNCTION STATE: NJ ZIP: 08852-1905 NT 10-Q 1 nt10q-902.txt MULTI SOLUTIONS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 SEC FILE NUMBER 000-12162 NOTIFICATION OF LATE FILING --------------- CUSIP NUMBER 625430 10 3 (Check One): | |Form 10-K |_|Form 20-F |_|Form 11-K |X| Form 10-Q |_|Form N-SAR For Period Ended: 7/31/02 ------------------- ( ) 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 Instructions (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 - -------------------------------------------------------------------------------- Full Name of Registrants: Multi Solutions, Inc. - -------------------------------------------------------------------------------- Former Name if Applicable - -------------------------------------------------------------------------------- Address of Principal Executive Offices (Street and Number) 3535 Quakerbridge Rd., Suite 103 - -------------------------------------------------------------------------------- City, State and Zip Code Hamilton, NJ 08619 - -------------------------------------------------------------------------------- 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 quarterly report on Form 10-QSB 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 12(b)-25(c) has been attached if applicable. PART III -- NARRATIVE State below in reasonable detail the reasons why the Form 10-QSB could not be filed within the prescribed time period. (Attach Extra Sheets If Needed) "The financial statements and Managements Discussion are not completed." PART IV --OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification: Charles Lombardo (609) 631-7401 --------------------------------------------------------------------------- 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 reports) 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. The consolidated net loss for the Six months ended 07/31/02 is anticipated to be approximately $137,600, which represents a decrease in loss of approximately $80,000(approximately 36.8%) from the net loss of $217,600 for the Six months ended 07/31/01. We believe that this increase in the results of operations was due primarily to: (i) an increase in license and maintenance fees of approximately $7,600 and a decrease in consulting fees of approximately $4,900; (ii) a decrease in expenses of approximately $71,300, primarily due to decreased general and administrative expenses; and (iii) an increase in other income of approximately $6,000. The consolidated net loss for the Quarter ended 07/31/02 is anticipated to be approximately $56,800 which represents a decrease in loss of approximately $5,500 (approximately 8.8%) from the net loss of $62,300 for the Quarter ended 07/31/01. We believe that this increase in the results of operations was due primarily to: (i) a decrease in license and maintenance fees of $8,700 and a decrease in consulting fees of $3,200; (ii) a decrease in expenses of approximately $16,400, primarily due to decreased general and administrative expenses; and (iii) an increase in other income of approximately $1,000. --------------------------------------------------------------------------- Multi Solutions, Inc. ------------------------------------------------------- (Name of Registrant as Specified in Charter) has caused this notification to be signed on their behalf by the undersigned hereunto duly authorized. Date September 13, 2002 By /s/ Charles J. Lombardo --------------------------- --------------------------------------- Charles J. Lombardo 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). - -------------------------------------------------------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----