U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER 0-21479
CUSIP NUMBER: 45031W
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[X] Form 10-Q and Form 10-QSB [ ] 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:
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 I-SECTOR CORPORATION
Former Name if Applicable ALLSTAR SYSTEMS, INC.
Address of Principal Executive Office
(Street and Number) 6401 SOUTHWEST FREEWAY
City, State and Zip Code HOUSTON, TEXAS 77074
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) [ 23,047], 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;
[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
[Amended in Release No. 34-26589 ( 72,435), effective April 12,
1989, 54 F.R. 10306.]
[ ] (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
<PAGE>
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 Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period. (Attach Extra Sheets if
Needed)
Response:
The Registrant is currently undergoing a reorganization, including the recent
disposition of certain operating segments. In connection with this
reorganization, the Registrant is having difficulties assembling the requisite
financial information to prepare, and timely file, its Form 10-Q for the quarter
ended June 30, 2000 (the "Form 10-Q"). Furthermore, the Registrant's
implementation of the requirements associated with the new audit committee rules
has also contributed to its inability to prepare, and timely file, the Form
10-Q. For the foregoing reasons the Registrant could not timely file the Form
10-Q with unreasonable effort and expense.
Part IV--Other Information
(1)Name and telephone number of person to contact in regard to this notification
JAMES H. LONG (713)795-2000
(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 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.
Response:
On May 19, 2000, the Registrant sold its Computer Products Division and certain
assets of its IT services business. Accordingly the operations for the Computer
Products Division are reported as Discontinued Operations beginning with Form
10-Q for the quarter ended March 31, 2000.
I-SECTOR CORPORATION.
(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, 2000 By: /s/James H. Long
James H. Long, President and CEO
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.
