SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12B-25
Commission File Number: 1-13851
NOTIFICATION OF LATE FILING
-X- Form 10-K --- Form 11-K --- Form 20-F --- Form 10-Q
- --- Form N-SAR
For Period Ended:------------------------------------------------------
- --- Transition Report on Form 10-K --- Transition Report on Form 10-Q
- --- Transition Report on Form 20-F --- Transition Report of Form N-SAR
- --- Transition Report on Form 11-K
For the Transition Period Ended:---------------------------------------
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
PART I
REGISTRANT INFORMATION
Full name of registrant: SONUS CORP.
Address of principal executive office (Street and number):
111 S.W. FIFTH AVENUE, SUITE 1620
PORTLAND, OREGON 97204
PART II
RULE 12B-25 (B) AND (C)
The subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b).
- -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 on Form 10-K will be filed on or
before the fifteenth calendar day following the prescribed due
date; and
- -X- (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
- 1 -
<PAGE>
PART III
NARRATIVE
Sonus Corp. experienced unexpected delays in completing its year-end closing and
audit preparation process. As a result, the completion of the audit was delayed
and Sonus Corp. was unable to file its Form 10-KSB on October 29, 1999, the
filing due date. The audit process was completed and the opinion from Sonus
Corp.'s independent auditors was received on November 1, 1999.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Brian S. Thompson (503) 225-9152
(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?
-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.
- 2 -
<PAGE>
SONUS CORP. has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
Date: November 1, 1999 By /s/ Scott E. Klein
Scott E. Klein
President and Chief Operating Officer
- 3 -
Sonus Corp.
Portland, Oregon
November 1, 1999
Ladies and Gentlemen:
Pursuant to Rule 12b-25 of the General Rules and Regulations under the
Securities Exchange Act of 1934, we inform you that we have been furnished a
copy of Form 12b-25 to be filed by Sonus Corp. on or about November 1, 1999,
which contains notification of the registrant's inability to file its Form
10-KSB by October 29, 1999. We have read the Company's statements contained in
Part III therein and we agree with the stated reason as to why we were unable to
complete our audit and report on the consolidated financial statements for the
year ended July 31, 1999 by October 29, 1999, to be included in the Form 10-KSB.
Very truly yours,
/s/ KPMG LLP