-----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, UCAWHFeLrA1TSHBQrN84MXoXut8F5IhBQGuurcA57nBrk70n8E9bcbWptikIvFXR v7QACPT4ZyQkWexJA8NOJg== 0000855373-96-000005.txt : 19960927 0000855373-96-000005.hdr.sgml : 19960927 ACCESSION NUMBER: 0000855373-96-000005 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960630 FILED AS OF DATE: 19960926 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROWN DISC PRODUCTS CO INC CENTRAL INDEX KEY: 0000855373 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 841067075 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-31068 FILM NUMBER: 96635087 BUSINESS ADDRESS: STREET 1: 1120 B ELKTON DR CITY: COLORADO SPRINGS STATE: CO ZIP: 80907 BUSINESS PHONE: 7195931015 NT 10-K 1 NOT TIMELY 10-KSB 1 ============================================================================== U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING SEC FILE NUMBER 33-31068 CUSIP NUMBER 115605-30-5 (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: June 30, 1996 ------------- - ------------------------------------------------------------------------------ [ ] 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: (Not applicable) ============================================================================== PART I -- REGISTRANT INFORMATION - ------------------------------------------------------------------------------ BROWN DISC PRODUCTS COMPANY, INC. - ------------------------------------------------------------------------------ Full Name of Registrant (Not applicable) - ------------------------------------------------------------------------------ Former Name if Applicable 1120-B Elkton Drive - ------------------------------------------------------------------------------ Address of Principal Executive Office (Street and Number) Colorado Springs, Colorado 80907-3568 - ------------------------------------------------------------------------------ City, State and Zip Code 2 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 Rules 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; | | (b) The subject annual report, semi-annual report, | transition report on Form 10-K, Form 20-F, 11-K, [X} | 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 of 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 the Form 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. (ATTACH EXTRA SHEETS IF NEEDED) Brown Disc Products Company, Inc. ("Registrant") will not be able to complete its Form 10-KSB, including audited financial statements for the fiscal year ended June 30, 1996, due to a delay in completion of its audited financial statements. This delay resulted in part from changes in internal management personnel during the last fiscal year and in part for audit review of numerous changes in the Company's debt and equity capitalization reported in prior filings by the Company with the Securities and Exchange Commission. PART IV -- OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Ronald H. Cole (719) 593-1015 ---------------------- ----------- ------------------ (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 (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 of 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. Reference is made to EXHIBIT I attached hereto. 3 BROWN DISC PRODUCTS COMPANY, 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: September 26, 1996 By: Ronald H. Cole ------------------ ------------------------------------- Ronald H. Cole, President
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) - ------------------------------------------------------------------------------ EXHIBIT 1 STATEMENT IN RESPONSE TO PART IV-(3) Registrant's results of operations for the fiscal year ended June 30, 1995 resulted in a net loss of $384,328, or $0.14 per common share on 2,751,641 shares outstanding for the period. For the nine months ended March 31, 1996, the Registrant reported a net loss of $46,896, or $0.02 per common share on 2,767,459 average shares outstanding for the period. The net loss for the nine months then ended included a non-recurring gain of $189,889 realized in connection with forgiveness of debt. Results of operations for the three months ended March 31, 1996 were a net loss of $103,342, or $.03 per share on 3,565,873 average shares outstanding for that quarter. See the Registrant's Report on Form 10- QSB for the Quarterly Period ended March 31, 1996. The Registrant incurred continuing losses from operations during the three months ended June 30, 1996 in an amount currently undetermined. Management of the Company does not believe an accurate statement of its results for the fiscal year ended June 30, 1996 can be made until the Registrant's independent certified public accountants have completed their review of the Registrant's financial statements for the fiscal year then ended. -----END PRIVACY-ENHANCED MESSAGE-----