-----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, HHNEX0V+wZaNLvF0nsP39t52HXIhElHoQXtH8/cWhDx7Kh9IOZTvniHJjO/nGZ9E uJuqafVTE7q31/SO5asKvA== 0001144204-10-026048.txt : 20100511 0001144204-10-026048.hdr.sgml : 20100511 20100511114534 ACCESSION NUMBER: 0001144204-10-026048 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100331 FILED AS OF DATE: 20100511 DATE AS OF CHANGE: 20100511 EFFECTIVENESS DATE: 20100511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DALECO RESOURCES CORP CENTRAL INDEX KEY: 0000746967 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 232860739 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-12214 FILM NUMBER: 10819713 BUSINESS ADDRESS: STREET 1: 17 WILMONT MEWS, 5TH FLOOR CITY: WEST CHESTER STATE: PA ZIP: 19382 BUSINESS PHONE: 6104290181 MAIL ADDRESS: STREET 1: 17 WILMONT MEWS, 5TH FLOOR CITY: WEST CHESTER STATE: PA ZIP: 19382 FORMER COMPANY: FORMER CONFORMED NAME: UNITED WESTLAND RESOURCES LTD DATE OF NAME CHANGE: 19860822 NT 10-Q 1 v184363_nt10q.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 12b-25

NOTIFICATION OF LATE FILING
     
   
SEC FILE NUMBER
0-12214
     
   
CUSIP NUMBER
23437P1208
 
(Check One): o Form 10-K o Form 20-F o Form 11-K x Form 10-Q o Form N-SAR
o Form N-CSR
   
  For Period Ended: March 31, 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: ________________________
 
Read attached instruction sheet 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

Daleco Resources Corporation
Full name of registrant:

Former name if applicable:

17 Wilmont Mews, 5th Floor
Address of principal executive office (Street and number):
 
West Chester, Pennsylvania 19382
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 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 or 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
     
o
(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-SCR, or the transition report or portion thereof, could not be filed within the prescribed time period.

The Registrant's filing of its report on Form 10-Q is delayed due to the Registrant's inability to timely process the financial information for the quarter and present it to the Registrant’s accountants for review and comment prior to the filing deadline. The Registrant does anticipate filing its quarterly report within the additional time provided by this filing.  The delay is processing is the direct result of a reduction of staffing at the Registrant and reduction of net cash flow resulting from the precipitous decline in oil and gas prices during the quarter.
 
PART IV -- OTHER INFORMATION
 
(1) Name and telephone number of person to contact in regard to this notification
 
 
Gary J. Novinskie
  
(610)
   429-0181
  (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 the 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?
   
 
o 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.
 
 
Daleco Resources Corporation has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
Date: May 11, 2010 By:   /s/ Gary J. Novinskie
 
Gary J. Novinskie, President
   
-----END PRIVACY-ENHANCED MESSAGE-----