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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 000-24569
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NOTIFICATION OF LATE FILING
(Check One): [_] Form 10-K [_] Form 11-K [_] Form 20-F [X] Form 10-Q
[_] Form N-SAR
For Period Ending: May 31, 1998
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[_] Transition Report on Form 10-K [_] Transition Report on Form 10-Q
[_] Transition Report on Form 20-F [_] Transition Report on Form N-SAR
[_] Transition Report on Form 11-K
Read the 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: _______________________
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PART I. REGISTRANT INFORMATION
Full name of registrant CASH TECHNOLOGIES, INC.
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Former name if applicable
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Address of principal executive office (Street and number) 1434 West 11th Street
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City, State and Zip Code Los Angeles, Ca 90015
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PART II. RULE 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 appropriate box.)
[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, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the 15th calendar day following the prescribed due date; or the
subject quarterly report on 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 is applicable.
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PART III. NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-
Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attached extra sheets if needed.)
On July 9, 1998 the registration statement on Form SB-2 of Cash
Technologies, Inc. (the "Company") was declared effective. Prior to July 9,
1998 the Company did not file reports under the Securities and Exchange Act
of 1934. The Company terminated the services of its prior accountants in
August 1998 and only recently retained new independent accounts.
Management's efforts have been focused upon retaining a new independent
accountant and completing the filing of its Report on Form 10KSB for the
fiscal year ending May 31, 1998. The Company is unable to file its Form
10QSB for the fiscal quarter ended August 31, 1998 without unreasonable
expense and effort due to its inability to finish the required financial
statements for the quarter ended Ausgust 31, 1998 with sufficient time for
management to review the financial statements and to prepare the management
discussion and analysis.
PART IV. OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Bruce Korman (213) 745-2000
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(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?
[_] 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.
Cash Technologies, Inc.
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(Name of registrant as specified in charter)
Has cause this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date October 14, 1998 By /s/ Bruce Korman
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Bruce Korman, President
