U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 333-26943 CUSIP NUMBER:
(Check One):
[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q
and Form 10-QSB [ ] Form N-SAR
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 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: N/A
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Part I--Registrant Information
Full Name of Registrant: Moll Industries, Inc. (the "Company") and Anchor
Holdings, Inc.
Former Name if Applicable: Anchor Advanced Products, Inc.
Address of Principal Executive Office:
Tyson Place, Suite 200, 2607 Kingston Pike, Knoxville, TN 37919-2048
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)
[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, 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
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
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 portion thereof could not be filed
within the prescribed period.
In fiscal 1998, the Company, formerly known as Anchor Advanced Products, Inc.,
completed a number of acquisitions, including certain acquisitions in several
foreign countries, as well as a merger and restructuring, the result of which
have been significant accounting reporting burdens. Certain unanticipated
difficulties have arisen in obtaining financial disclosure numbers and
information from certain of the Company's foreign subsidiaries which can not be
obtained without unreasonable effort or expense.
Part IV--Other Information
(1) Name and telephone number of person to contact in regard to this
notification
Andrea M. Cezeaux
Choate, Hall & Stewart
(617) 248-2128
(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
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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:
Operations for the fiscal year ended December 31, 1998 were materially
impacted by the following events: acquisition of the Hanning Companies,
acquisition of Somomeca Industries S.A.R.L. and its subsidiaries, acquisition of
Gemini Plastic Services, Inc., sale of 10 1/2 Senior Subordinated Notes due 2008
and the acquisition of the Company by Mr. George Votis, and the subsequent
restructuring of the Company.
MOLL INDUSTRIES, INC.
ANCHOR HOLDINGS, INC.
have caused this notification to be signed on their behalf by the undersigned
thereunto duly authorized.
Date: March 31, 1999 MOLL INDUSTRIES, INC.
By: /s/ Phyllis C. Best
----------------------------
Phyllis C. Best
Chief Financial Officer
ANCHOR HOLDINGS, INC.
By: /s/ Phyllis C. Best
----------------------------
Phyllis C. Best
Chief Financial Officer
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