RESEARCH ENGINEERS INC
NTN 10K, 1999-11-17
PREPACKAGED SOFTWARE
Previous: STAN LEE MEDIA INC, 8-K, 1999-11-17
Next: GRAND COURT LIFESTYLES INC, SC 13G/A, 1999-11-17




                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING


                                      Commission file number: 0-28560


(Mark One)
[X] Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q [ ] Form N-SAR


                   For the fiscal year ended March 31, 1999


[ ]  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:

                 All portions of Annual Report on Form 10-KSB.
- --------------------------------------------------------------------------------





<PAGE>


                         PART I - REGISTRANT INFORMATION



Research Engineers, Inc.
- --------------------------------------------------------------------------------
Full Name of Registrant


- --------------------------------------------------------------------------------
Former Name if Applicable

22700 Savi Ranch Parkway
- --------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)


Yorba Linda, CA  92887
- --------------------------------------------------------------------------------
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 Rules  12b-25(b),  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, Form
                              11-K, 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(c) has been attached
                              if applicable.


                              PART III - NARRATIVE


State below in reasonable  detail the reasons why Forms 10-K,  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.)

Research  Engineers,  Inc. (the "Company")  completed the acquisitions of R-Cube
Technologies,  Inc. and PacSoft Incorporated in the fourth quarter of the fiscal
year ended March 31, 1999.  Following the acquisitions,  the Company (i) has had
to integrate the Company's operations and accounting functions with those of the
acquired companies and (ii) replaced key accounting personnel.  As a result, the
Company  cannot  completely  finalize its audited  financial  statements for the
fiscal year ended March 31, 1999 without  unreasonable effort and expense in the
prescribed  time  for  filing  the  Company's  Annual  Report on Form 10-KSB for
such  fiscal   year.   The  Company  is  in  the   process  of  finalizing  such
financial statements as  promptly  as  possible  and  intends to file its Annual
Report  on Form  10-KSB  within the  fifteen-day  extension  period  required by
this Form 12b-25 notice.


<PAGE>


                           PART IV - OTHER INFORMATION


(1)         Name and telephone number of person to contact in regard to this
            notification

<TABLE>
             <S>                                   <C>            <C>
             Wayne Blair                           (714)          974-2500
            -----------------------------         ---------      ---------------
                       (Name)                    (Area Code)       (Telephone)
</TABLE>

(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 or 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.



                            Research Engineers, 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   June 30, 1999                By    /s/   WAYNE BLAIR
      ------------------                 ---------------------------------------
                                          Wayne Blair, 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 U.S.C. 1001)
- --------------------------------------------------------------------------------



<PAGE>


                              GENERAL INSTRUCTIONS

1.    This form is required by Rule  12b-25 (17 CFR  240,12b-25)  of the General
      Rules and Regulation under the Securities Exchange Act of 1934.

2.    One signed 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.    A 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 amended notification.

5.    Electronic Filers. This form shall not be used by electronic filers unable
      to timely  file a report  solely due to  electronic  difficulties.  Filers
      unable  to  submit  a report  within  the time  period  prescribed  due to
      difficulties  in  electronic  filing should comply with either Rule 201 or
      Rule 202 of  Regulation  S-T or apply for an  adjustment  in  filing  date
      pursuant to Rule 13 (b) of Regulation S-T.






© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission