ZAP POWER SYSTEMS INC
NT 10-K, 1999-03-30
ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP)
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                         UNITED STATES
              SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C. 20549


                          Form 12b-25

                  NOTIFICATION OF LATE FILING
<TABLE>
<CAPTION>
<S>          <C>               <C>            <C>            <C>             <C>
(Check One): [X] Form 10-KSB   [ ] Form 20-F  [ ] Form 11-K  [ ] Form 10-Q   [ ] Form N-SAR
</TABLE>

For Period Ended: December 31, 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 Instruction (on back page) Before Preparing Form. Please Print or Type.
   Nothing in this form shall be construed to imply that the Commissions 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

ZAP POWER SYSTEMS
- -----------------------
Full Name of Registrant

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

117 Morris Street
- -----------------------
Address of Principal Executive Office (Street and Number)

Sebastopol, CA 95472
- -----------------------
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 Rule 12b-25(b), 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 of
               transition  report on Form 10-Q, or portion thereof will be filed
               on or before the fifth  calendar day following the prescribed due
               date.

<PAGE>

         PART III.       NARRATIVE

         State below in  reasonable  detail the  reasons  why Forms 10-K,  20-F,
         11-K, 10-Q, N-SAR, or the transition  report or portion thereof,  could
         not be filed within the prescribed time period.

         The Company has not been able to supply certain documentation  required
         to complete the  footnotes to the  financial  statements  in time to be
         able to file the  Company's  Annual  Report on Form 10-KSB by March 31,
         1999.


         PART IV.       OTHER INFORMATION

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

               JAMES MCGREEN                  707   824-4150
               -------------                  ---   --------

         (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.

               -----------------------------------------------------------------

                                      ZAP POWER SYSTEMS                  
                        --------------------------------------------
                        (Name of Registrant as Specified in Charter)

         has  caused  this  notification  to be  signed  on  its  behalf  by the
         undersigned hereunto duly authorized.

         Date          3/31/99
              --------------------------
         By        James McGreen
              --------------------------

         INSTRUCTIONS:  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
<PAGE>


         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 O-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  (Section  232.201  or Section
              232.202 of this chapter) or apply for an adjustment in filing date
              pursuant to Rule 13(b) of  Regulation  S-T (Section  232.13 (b) of
              this chapter).



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