AGUAY CORP
NT 10-Q, 2000-08-14
NON-OPERATING ESTABLISHMENTS
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                        UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C. 20549

                             FORM 12b-25

                   NOTIFICATION OF LATE FILING



                        (Check One):

                 ( )Form  10-K ( ) Form  20-F ( ) Form  11-K (X) Form 10-QSB

                 ( ) Form N-SAR

                 For Period Ended: June 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:________________

   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.

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

AGUAY CORPORATION
Full Name of Registrant

1490 Blue Jay Circle, Weston, FL 33327
Address of Principal Excutive Offices

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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)

The Registrant hereby represents that:

     (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 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,  20-F,  11-K, 10-Q,
N-SAR, or the transition report or portion thereof could not be filed within the
prescribed period.

The Registrant is filing Quarterly reports in its first year and is attempting
to obtain all the necessary  documentation  of the information  required for
inclusion in such report.

As a result,  the Registrant's  Form 10-QSB could not be filed accurately within
the prescribed period without unreasonable effort and expense.

PART IV - Other Information

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

    Alfred Arberman                 (954)             385-2553
   (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?

                                                      [ ] 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 cannot be made.

                         AGUAY CORPORATION
           (Name of Registrant as Specified in Charter)

has caused this  notification to be
signed on its behalf of the undersigned thereunto duly authorized.

Date:                               By:
August 14, 2000                     /s/ Alfred Arberman, Chief Financial Officer
                                    and Principal Financial Accounting Officer


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     INSTRUCTION:  The  form  may be  signed  by an  executive  officer  of the
     registrant or by any other duly authorized representation. 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 excutive 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 Regulation 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.


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