WORLD WIRELESS COMMUNICATIONS INC
NT 10-Q, 1999-11-16
COMMUNICATIONS SERVICES, NEC
Previous: STERLING FINANCIAL SERVICES OF FLORIDA I INC, 10QSB, 1999-11-16
Next: ACADEMY CAPITAL MANAGEMENT INC/TX, 13F-HR, 1999-11-16



                   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:  September 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
       ---------------------------------------------------------
      Address of Principal Executive Office  (Street and Number)

               WEST VALLEY CITY,    UTAH      84120
      ------------------------------------------------------
                     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 SEPTEMBER 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 SEPTEMBER 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
    ----------------------------------------------------------------
                 (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.
                       ------------------------------------
                  (Name of Registrant as specified in charter)

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


   Date: NOVEMBER 16, 1999          By:  /s/ David D. Singer
                                    ------------------------
                                       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 nine-month period is
  approximately $2,718,000 which is approximately $834,000 lower than
  the sales for the nine-month period ended September 30, 1998. The
  Registrant's estimated loss for the quarter ended September 30, 1999 is
  approximately $2,110,000, which is approximately $5,201,000 lower than
  the loss for the quarter ended September 30, 1998. Such reduced loss was
  attributable to the impairment of goodwill recognized in the third quarter
  of 1998.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission