U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K and Form 10-KSB
[ ] Form 20-F
[X] Form 10-Q and 10-QSB
[ ] Form N-SAR
For Period Ended: June 30, 1998
[ ] 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 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:
Batteries Batteries, Inc. (the "Company")
(Former Name if Applicable)
50 Tannery Road, Unit 2
North Branch, NJ 08876
Address of Principal Executive Office (Street and Number)
City, State and Zip Code
PART II--RULES 12B-25 (B) AND (C)
If the subject report could not be filed without unreasonable
effort and expense and the Registrant seeks relief pursuant to
Rule 12b-25(b) [P. 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;
[X] (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 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 has been attached if applicable.
PART III--NARRATIVE
State below, in reasonable detail, the reasons why Form 10-K and
Form 10-KSB, 20-F, 11-K, 10-Q and 10-QSB, N-SAR, or the
transition report or portion thereof could not be filed within
the prescribed period. (Attach extra sheets, if needed)
The report on Form 10-Q could not be filed on time because
of the time and effort necessary to obtain formal waivers from
the Company's lender of compliance with certain loan covenants.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Ronald E. Badke (908) 829-0900
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports 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.
The Company estimates that net income of the Company
decreased from approximately $164,000 in the three months ended
June 30, 1997 to approximately $(1,300,000) in the three months
ended June 30, 1998, primarily due to the sub-par performance of
a subsidiary which was acquired by the Company in January 1997
and non-recurring restructuring charges of approximately
$640,000.
Batteries Batteries, Inc.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: August 14, 1998 By:/s/ Ronald E. Badke
Ronald E. Badke, 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.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal
Criminal Violations (See 18 U.S.C. 1001).
GENERAL INSTRUCTIONS
1. This form is required by rule 12b-25 (17 CFR 240.12b-25) of
the General Rules and Regulations under the Securities
Exchange Act of 1934.
2. One signed and original and four conformed copies of this
form and amendments thereto must be completed and filed with
the Securities and Exchange Commission, Washington, D.C.
20549, in accordance with Rule 0-3 of the General Rules and
Regulations under the Act. The information contained in or
filed with the form will be made a matter of public record
in the Commission files.
3. Manually signed copy of the form and amendments thereto
shall be filed with each national securities exchange on
which any class of securities of the registrant is
registered.
4. Amendments to the notifications must also be filed on form
12b-25 but need not restate information that has been
correctly furnished. The form shall be clearly identified as
an amendment notification.
