NT 10-K 1 sep_nt10k.txt FORM NT-10K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 Commission File Number 1-14068 NOTIFICATION OF LATE FILING (Check one) [X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q and Form 10-QSB Form [ ] N-SAR For Period Ended DECEMBER 31, 2002 __ Transition Report on Form 10-K and Form 10-KSB __ Transition Report on Form 20-F __ Transition Report on Form 11-K __ Transition Report on Form 10-Q and Form 10-QSB __ 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 Full Name of Registrant: Sepragen Corporation ------------------------------------------------------- Former Name of Registrant: N/A ------------------------------------------------------ Address of Principal Executive Office (Street and Number): 14500 Doolittle Drive, San Leandro, CA 94577 -------------------------------------------------------------------------------- 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-25b, 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 Forms 10-K, 10-KSB, 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 Forms 10-Q, 10-QSB, 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 Forms 10-K, 10-KSB, 20-F, 11-K, 10-Q,10-QSB, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. The Company has not been able to compile the requisite financial data and other narrative information necessary to enable it to have sufficient time to complete the Company's Annual Report on Form 10-KSB by March 31, 2003, the required filing date, without unreasonable effort and expense. PART IV--OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Vinit Saxena, CEO 510 667-1004 -------------------- ----------- ---------------------------- (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? [ ] 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. SEPRAGEN CORPORATION -------------------------------------------- (Name of Registrant as Specified In Charter) has caused this notification to be signed on its behalf by the undersigned hereto duly authorized Dated: March 31, 2003 By: /s/ Vinit Saxena ------------------------------------- Vinit Saxena President and Chief Executive Officer -------------------------------------------------------------------------------- INSTRUCTION: The form may be signed by and 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 Intention misstatements or omissions of fact constitute Federal Criminal Violations See 18 U.S.C. 1001).