C ME RUN CORP
NTN 10K, 2001-01-03
BLANK CHECKS
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                         Commission File Number: 0-22042

                           NOTIFICATION OF LATE FILING

(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: September 30, 2000

                       [ ] 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:

================================================================================
      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
--------------------------------------------------------------------------------

PART I - REGISTRANT INFORMATION

CMERUN CORP.
--------------------------------------------
Full Name of Registrant

Fundae Corp.
--------------------------------------------
Former Name if Applicable

One Cabot Road
--------------------------------------------
Address of Principal Executive
Office (Street and Number)

Hudson, MA  01749
--------------------------------------------
City, State and Zip Code



<PAGE>



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.

            (b)    The subject annual report, semi-annual report, transition
                   report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or
[X]                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 the transition report or
portion thereof could not be filed within the prescribed period. (Attach Extra
Sheets if Needed)

       The registrant is unable to file its report on Form 10-KSB for the Year
Ended September 30, 2000 within the required period because of the concentration
of its limited resources to preparation and recent filing of restated Form
10QSB/A for its second quarter and the filing of its Form 10-QSB for the third
quarter, the review of all prior periods by new independent auditors and
allocation of management time to matters related to the restructuring of its
operations and staffing levels. The registrant anticipates that the Annual
Report on Form 10KSB will be filed on or before January 15, 2001.

PART IV - OTHER INFORMATION

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

        GERRY MCGOVERN    978-567-6809
        --------------    ------------
          (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 reports) been filed? If answer is no,
identify report(s). [ ] Yes [X] No

           Report on Form 8-K for the transaction effective January 31, 2000

       (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


<PAGE>

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.


<PAGE>



                                  CMERUN CORP.
--------------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)

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


Date:  January , 2001                    By:_________________________
                                         Name:  Gerald J. McGovern
                                         Title: Chief Financial Officer

       INSTRUCTION: 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. 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 0-3 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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