UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SEC File Number: 0-20843
FORM 12b-25 CUSIP Number: 730749108
NOTIFICATION OF LATE FILING
(Check One): (X) Form 10-KSB ( ) Form 20-F ( ) Form 11-K ( ) Form 10-QSB
( ) Form N-SAR
For Period Ended: DECEMBER 31, 1999
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( ) 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:
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Read Instructions (on back page) 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.
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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
COMTECH CONSOLIDATION GROUP, INC.
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Full Name of Registrant
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Former Name if Applicable
10497 TOWN AND COUNTRY WAY, SUITE 460
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Address of Principal Executive Office (Street and Number)
HOUSTON, TX 77024
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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)
( ) (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-KSB, Form 20-F, 11K, 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 of transition report on the Form 10-QSB, 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 is applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-KSB, 11-K,
10-QSB, N-SAR, or the transition report or portions thereof, could not be filed
with the prescribed time period. (Attach Extra Sheets if Needed)
The Registrant's Annual Report on Form 10-KSB for the year ended December
31, 1999, could not be filed within the prescribed time period because certain
information and data relating to and necessary for the completion of the
Registrant's management's discussion and analysis of financial condition and
results of operations could not be obtained by the Registrant within the time
period without unreasonable effort or expense. The Registrant is currently
pursuing an unregistered private equity financing which has consumed a
considerable amount of the new management's time. Previous management' s
lack of documentation of acquisitions is mostly to blame for the need for an
extension.
New management anticipates that the Registrant's Form 10-KSB will be filed
on or before April 14, 2000.
The Registrant anticipates that it will report a below the line loss in
excess of $ 1,000,000.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
WALTER D. DAVIS (713) 554-2244
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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 reports) been filed? If answer is no
identify report(s).
YES X NO
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(3) It is 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
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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.
Losses expected to be in excess of $1,000,000. The loss is due to the
mismanagement of subsidiaries by prior CCCI management. Also, due to
acquisition losses and the resultant write-off of several health care agencies
put into bankruptcy.
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COMTECH CONSOLIDATION GROUP, 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: March 29, 2000 By: /S/ WALTER D. DAVIS
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WALTER D. DAVIS
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 the executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
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ATTENTION
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).l
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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 nations 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.
