-----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, IbqUHpdrXIguw0R97HTwnW2AQBl5VlgW4+jeCDXwA7VVWlLTWhAeOPzYSoAGIHj3 I11+1TpQXhoKvaGZ8lOySQ== /in/edgar/work/20000815/0000950115-00-001031/0000950115-00-001031.txt : 20000922 0000950115-00-001031.hdr.sgml : 20000921 ACCESSION NUMBER: 0000950115-00-001031 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000630 FILED AS OF DATE: 20000815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NOCOPI TECHNOLOGIES INC/MD/ CENTRAL INDEX KEY: 0000888981 STANDARD INDUSTRIAL CLASSIFICATION: [8900 ] IRS NUMBER: 870406496 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: SEC FILE NUMBER: 000-20333 FILM NUMBER: 703253 BUSINESS ADDRESS: STREET 1: 537 APPLE ST CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428-2903 BUSINESS PHONE: 6108349600 MAIL ADDRESS: STREET 1: 537 APPLE ST CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428-2903 NT 10-Q 1 0001.txt NOTIFICATION OF LATE FILING U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING [ ] Form 10-K [ ] Form 20F [ ] Form 11-K [x] Form 10-Q [ ] Form N-SAR For Period Ended: June 30, 2000 ------------- [ ] 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 Full Name of Registrant: NOCOPI TECHNOLOGIES, INC. Address of Principal 537 Apple Street Executive Office: West Conshohocken, PA 19428 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) [Section 23,047], 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; [ ] (b) (i) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20F, 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 [x] (ii) 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. [x] (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. (Statement is not required and has not been attached) PART III - NARRATIVE Registrant is required to include in its financial statements forming part of the subject report the results of Euro-Nocopi, SA ("Euro"), a French corporation, based on the equity method of accounting. The financial information concerning Euro necessary to complete the preparation of Registrant's financial statements in accordance with such requirement has not yet been furnished to Registrant by Euro. As a consequence, Registrant's management has been unable to complete the preparation of Registrant's financial statements and Registrant's independent accountants have been unable to complete their quarterly review of Registrant's financial statements. PART IV - OTHER INFORMATION (1) Name and address of person to contact in regard to this notification: Thomas F. Hurley, Esq. Hangley Aronchick Segal & Pudlin One Logan Square - 27th Floor Philadelphia, PA 19103 Telephone: (215) 496-7056 (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 [ ] 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. Based on information currently available to Registrant, its net loss is anticipated to decrease from $392,400 for the six months ended June 30, 1999 and $86,500 for the three months ended June 30, 1999 to approximately $135,000 for the six months ended June 30, 2000 and approximately $62,000 for the three months ended June 30, 2000. The reduction in the second quarter net loss from the year earlier period resulted primarily from the reductions in research and development, selling and general and administrative expenses associated with staff reductions by Registrant, substantially offset by reductions in revenue and gross profit. The year to year reduction in net loss from the first half of 1999 to the first half of 2000 resulted from the same factors, and from the non-recurrence of the severance expense associated with the departure of the Registrant's President and Chief Executive Officer during the first quarter of 1999. The foregoing does not reflect changes to Registrant's financial results that may occur as a result of the inclusion therein of Euro's results in accordance with the equity method of accounting. Such changes may increase or decrease Registrant's net loss. NOCOPI TECHNOLOGIES, INC. - -------------------------- (Name of Registrant) has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: August 14, 2000 By: /s/ Rudolph A. Lutterschmidt --------------- ------------------------------------- Rudolph A. Lutterschmidt, Chief Financial 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. -----END PRIVACY-ENHANCED MESSAGE-----