0001185185-17-001748.txt : 20170814 0001185185-17-001748.hdr.sgml : 20170814 20170814163637 ACCESSION NUMBER: 0001185185-17-001748 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170630 FILED AS OF DATE: 20170814 DATE AS OF CHANGE: 20170814 EFFECTIVENESS DATE: 20170814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEL INSTRUMENT ELECTRONICS CORP CENTRAL INDEX KEY: 0000096885 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 221441806 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-31990 FILM NUMBER: 171030815 BUSINESS ADDRESS: STREET 1: ONE BRANCA ROAD CITY: EAST RUTHERFORD STATE: NJ ZIP: 07073 BUSINESS PHONE: 2019331600 MAIL ADDRESS: STREET 1: ONE BRANCA ROAD CITY: EAST RUTHERFORD STATE: NJ ZIP: 07073 NT 10-Q 1 telinstrument-nt10q063017.htm NT 10-Q

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 
  
FORM 12b-25
 
NOTIFICATION OF LATE FILING

OMB APPROVAL
OMB Number: 3235-0058
Expires: October 31, 2018
Estimated average burden hours per response ... 2.50
 
SEC FILE NUMBER
001-31990
 
879165 20 7
 
 
(Check one):
 
Form 10-K   Form 20-F   Form 11-K  ý   Form 10-Q    Form 10-D   Form N-SAR   Form N-CSR
 
 
 
 
 
For Period Ended:
June 30, 2017
 
 
 
 
 
   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:
 

 
Read Instruction (on back page) 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

Tel-Instrument Electronics, Corp.

Full Name of Registrant
 

Former Name if Applicable
 
One Branca Road

Address of Principal Executive Office (Street and Number)

East Rutherford, New Jersey 07073

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 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 or 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 Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report thereof, could not be filed within the prescribed time period.

Registrant was not able to obtain all information prior to filing date and management could not complete the required financial statements and Management's Discussion and Analysis of such financial statements by August 14, 2017.
 
PART IV — OTHER INFORMATION
 
(1)
 
Name and telephone number of person to contact in regard to this notification
 
 
 
 
 
Joseph P. Macaluso
 
(201)
 
933-1600
(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).
 
 
Yes ý     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 ý     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 has experienced a decline in revenues as a result of completing its three major programs and also shows an increase in litigation costs as a result of the trial that took place during the quarter ended June 30, 2017.

 



TEL-INSTRUMENT ELECTRONICS CORP.
(Name of Registrant as Specified in Charter)
 
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
 
 
 
Date:
August 14, 2017
By:
/s/ Joseph P. Macaluso
 
 
 
Name: Joseph P. Macaluso
 
 
 
Title: Principal Accounting Officer