UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One) __ Form 10-KSB Form 20-F Form 11-K _X_ Form 10-Q 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 Transition Period Ended:
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
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Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates.
PART I - REGISTRANT INFORMATION
BANYAN CORPORATION
Full Name of Registrant
Former Name if Applicable
4740 Forge Rd., Bldg. 112
Address of Principal Executive Office (Street and Number)
Colorado Springs, Colorado 80907
City, State and 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)
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(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, Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day
_X_ following the prescribed due date; or the subject quarterly report of 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.
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PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets If Needed)
Due to time constraints on the Company's accountants, the Company has not
yet recieved the financial statements it requires to complete the Form 10QSB.
The Company believes that it will have the statements and that it will be able
to give the Company its statements early next week.
PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this notification
Cameron Yost (719) 531-5535
(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 preceeding 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). _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 earning 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 cannat be made.
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Banyan Corporation
(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 12, 1999 By: /s/ Cameron Yost
