U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER 333-38567
CUSIP NUMBER 981558102
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11K
[X] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: June 30, 1999
[ ] 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:
PART 1 -- REGISTRANT INFORMATION
Full Name of Registrant WORLD WIRELESS COMMUNICATIONS, INC.
Former Name if Applicable N/A
2441 South 3850 West
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Address of Principal Executive Office (Street and Number)
WEST VALLEY CITY, UTAH 84120
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City, State 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)
[X] Yes [ ] No
(a) The reasons defined in reasonable detail in Part III of
this form could not be eliminated without unreasonable effort or
expense.
SEE PART III BELOW.
(b) The subject matter 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.
N/A
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 the
transition report or portion thereof could not be filed within the
prescribed period.
WORLD WIRELESS COMMUNICATIONS, INC. (THE "COMPANY") IS WAITING
FOR THE COMPLETION OF ITS UNAUDITED FINANCIAL STATEMENT TO BE INCLUDED
IN ITS REPORT ON FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 1999.
THE COMPLETION OF SUCH REPORT HAS BEEN DELAYED DUE TO MANAGEMENT'S
REVIEW OF CERTAIN ITEMS IN CONNECTION WITH THE COMPANY'S OPERATIONS.
THE COMPANY INTENDS TO FILE ITS REPORT ON FORM 10-Q FOR THE QUARTER
ENDED JUNE 30, 1999 PROMPTLY AFTER THE CONCLUSION OF THE REVIEW.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard
to this notification
STEPHEN R. FIELD, ESQ. (212) 332-6050
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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.
WORLD WIRELESS COMMUNICATIONS, INC.
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: AUGUST 12, 1999 By: /s/ David D. Singer
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David D. Singer
President and
Chief Executive Officer
ATTACHMENT OF FORM 12B-25 FOR
WORLD WIRELESS COMMUNICATIONS, INC.
PART IV (3) - EXPLANATION OF SIGNIFICANT
CHANGE IN RESULTS OF OPERATIONS
The Registrant's estimated sales for the six-month period is
approximately $1,670,000, which is approximately $700,000 lower than
the sales for the six-month period ended June 30, 1998. The
Registrant's estimated loss for the quarter ended June 30, 1999 is
approximately $2,208,000, which is approximately $779,000 lower than
the loss for the quarter ended June 30, 1998. Such reduced loss was
attributable to (a) lower operating expenses of approximately $72,000,
due in part to a reduced number of employees, (b) lower research and
development expenses of approximately $850,000, but (c) increased
interest charges of approximately $255,000 incurred in
connection with the issuance of warrants pursuant to default terms of
the Registrant's bridge financing in May, 1999.
