-----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, EiAEM6vmrXFSaLiijHvM49L+wnpaP1glpb3r8Cd2Ru5gFxFBL0qzSIIDgcVQncEf w7mgAJDvJy2dY6dC91u+uw== 0000826411-97-000001.txt : 19970130 0000826411-97-000001.hdr.sgml : 19970130 ACCESSION NUMBER: 0000826411-97-000001 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961031 FILED AS OF DATE: 19970129 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ABLE TELCOM HOLDING CORP CENTRAL INDEX KEY: 0000826411 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL WORK [1731] IRS NUMBER: 650013218 STATE OF INCORPORATION: FL FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21986 FILM NUMBER: 97513717 BUSINESS ADDRESS: STREET 1: 1601 FORUM PL STREET 2: STE 305 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 4076880400 MAIL ADDRESS: STREET 1: 1601 FORUM PLACE CITY: WEST PALM BEACH STATE: FL ZIP: 33401 FORMER COMPANY: FORMER CONFORMED NAME: DELTA VENTURE FUND INC DATE OF NAME CHANGE: 19890312 NT 10-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 12b-25 Commission File Number 0-21986 NOTIFICATION OF LATE FILING (Check One): [XX] Form 10-K [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q [ ] Form N-SAR For Period Ended: October 31, 1996 ------------------ [xx]Transition Report on Form 10-K [ ]Transition Report on Form 10-Q [ ]Transition Report on Form 20-F [ ]Transition Report on Form N-SAR [ ]Transition Report on Form 11-K 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 Full name of registrant ABLE TELCOM HOLDING CORP. ------------------------------------------------------ Former name if applicable: Address of principal executive office (Street and number) 1601 FORUM PLACE,SUITE 1110 - ------------------------------------------------------------------------------- City, State and Zip Code WEST PALM BEACH, FLORIDA 33401 - ------------------------------------------------------------------------------- Part II. Rule 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 Form 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 portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.) On October 12, 1996 and December 2, 1996, the Registrant acquired two significant subsidiaries. Each such acquisition required the preparation of Current Reports on Form 8-K (filed October 25, 1996 and amended on December 20, 1996 with respect to the October 12, 1996 acquisition; and filed December 13, 1996 and to be amended on or about February 11, 1996 with respect to the December 2, 1996 acquisition). The acquisition also resulted in significantly increased accounting and audit responsibilities. As a result of the financial reporting, accounting, and auditing requirements, the Company is unable to file its Annual Report on Form 10-K within the prescribed time period without unreasonable expense and effort. Part IV. Other Information (1) Name and telephone number of person to contact in regard to this notification DANIEL L. OSBORNE (561) 688-0400 - ------------------------------------------------------------------------------- (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 [ ] 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 [ 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. The Company recorded special charges during the second and fourth quarters of fiscal year 1996 which will result in a net loss of $(5,910,247) for the fiscal year when compared to a $(281,166) net loss for 1995. ABLE TELCOM HOLDING CORP. ------------------------------- (Name of registrant as specified in charter) Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. /s/ Daniel L. Osborne Date: January 29, 1997 -------------------------------------- Daniel L. Osborne Chief Financial and Accounting Officer -----END PRIVACY-ENHANCED MESSAGE-----