CASH TECHNOLOGIES INC
NT 10-K, 2000-08-30
BUSINESS SERVICES, NEC
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<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC  20549

                                  FORM 12b-25

                                             Commission File Number 000-24569
                                                                    ------------
                          NOTIFICATION OF LATE FILING

<TABLE>
<CAPTION>

<S>                 <C>            <C>            <C>            <C>            <C>
(Check One):        [X] Form 10-K  [ ] Form 11-K  [ ] Form 20-F  [ ] Form 10-Q  [ ] Form N-SAR
For Period Ending:  May 31, 2000
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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
</TABLE>

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.
                        --------------------------------------------------------
Former name if applicable

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Address of principal executive office (Street and number)  1434 West 11th Street
                                                          ----------------------
City, State and Zip Code   Los Angeles,  CA 90015
                         -------------------------------------------------------

                        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.
<PAGE>

                              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.)

     Cash Technologies, Inc. (the "Company") is unable to file its Annual Report
     on Form 10-KSB for the fiscal year ended May 31, 2000 without unreasonable
     expense and effort due to the inability of management and its independent
     auditors to finish the required financial statements for the fiscal year
     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

     Howard Brand                                (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?

                                                               [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.


Cash Technologies, Inc.
--------------------------------------------------------------------------------
(Name of registrant as specified in charter)


          CASH TECHNOLOGIES, INC.

Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date August 28, 2000                     By /s/ Howard Brand
     ----------------------------         ----------------------------
                                           Chief Financial Officer
<PAGE>

Additional information and explanation regarding Part IV Response 3.

     The Company completed two private offerings of debt and equity securities
during the fiscal year, and is continuing to transform its operations from the
placement of CoinBank machines and the coin processing business to a business
based upon its EMMA(TM) transaction processing software and the multifunction
ATM-X(TM) and POS-X(TM) client software. As a result, the Company expects to
reflect the issuance of the debt and the equity portions of the placements in
its financial statements for this period which were not in existence during the
fiscal year ended May 31, 1999. In addition, the Company expects to report an
interest charge to earnings in its financial statements as a result of the value
of the equity portion of the offerings. Further the Company expects to record a
charge for the carrying value of CoinBank machines which is expected to give
rise to a substantial expense which will increase the Company's reportable
losses for the fiscal year. As a result of the inability to complete the
financial statements, the company is unable to quatitatively determine the
changes from the previous fiscal year end.


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