-----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, Bpfv7Hcowk4QJPV+aByG3tKJ/nl/uNNgxnJcvKsS5Lnumah8bL5blxJAMOn+s32u owljF4DECJ3YD4iD4NgOtA== 0001144204-08-037427.txt : 20080630 0001144204-08-037427.hdr.sgml : 20080630 20080630133300 ACCESSION NUMBER: 0001144204-08-037427 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080630 DATE AS OF CHANGE: 20080630 EFFECTIVENESS DATE: 20080630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KINGSTON SYSTEMS INC CENTRAL INDEX KEY: 0000810837 STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC [3569] IRS NUMBER: 141688816 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15840 FILM NUMBER: 08924968 BUSINESS ADDRESS: STREET 1: 117 TREMPER AVE CITY: KINGSTON STATE: NY ZIP: 12401 BUSINESS PHONE: 2123395335 NT 10-K 1 v118585_nt10k.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING (Check One): [X] Form 10-K [ ] Form 11-K [_] Form 20-F [ ] Form 10-Q For Period Ended: March 31, 2008 [ ] 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: ____________________________ 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 Kingston Systems, Inc. ----------------------------------------------- Full Name of Registrant 8 Merrill Industrial Drive, Unit 12 ------------------------------------------------------ Address of Principal Executive Office (Street and Number) Hampton, New Hampshire, 03842 ------------------------------------------------ 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 appropriate box.) [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, 20-F, 11-K or N-SAR, or portion thereof, will be filed on or before the 15th 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 Form 10-K, 11-K, 20-F, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. The Company is unable to file its form 10-K within the prescribed period due to ministerial difficulties, without unreasonable effort or expense. PART IV OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Ralph McKittrick (603) 661-1626 ---------------- --------------------------- (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 [ ] No Please see statement below: (3) Is it anticipated that any significant change in results of operation for 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 Reflected in Kingston System's (the "Company") 10-K for the year ended March 31, 2008 will be approximately the following results of operations (as compared to the actual results for the year ended March 31, 2007): 2008 2007 Revenue $ 500,000 $604,221 Net (Loss) Income $(850,000) $223,247 The 2008 numbers are subject to further review and adjustment. The Company's wholly owned subsidiary, Parallel Robotics Systems Corporation ("Robotics"), manufactures robots and solely generates the Company's revenues. During the 2008 fiscal year, five major robot projects were completed. During the 2007 fiscal year, four major robot projects and a number of smaller robot-related projects were completed. The expected revenue in fiscal 2008 decreased, compared with fiscal 2007, due to some smaller revenue generating projects. At March 31, 2008, two robot projects were in process. Net income for the 2007 fiscal year was comprised of a net loss from operations of $698,192, offset by a $921,439 gain on the settlement of a judgment. The expected net loss in fiscal 2008 increased over fiscal 2007 primarily due to an increase in operating expenses. KINGSTON SYSTEMS, INC. -------------------------------- (Name of Registrant as Specified in Charter) Has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 30, 2008 By: /s/ Ralph McKittrick -------------------------------------- Ralph McKittrick Chief Executive Officer 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-----