SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File No. 0-7462
(Check One): _X_Form 10-K __Form 20-F ___Form 11-K XX Form 10-Q ___Form
N-SAR
For Period Ended: June 30, 1995
( ) 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: CPT Holdings, Inc.
Former Name if Applicable: N/A
Address of Principal Executive Office (Street and Number):
1430 Broadway. 13th Floor
.City, State and Zip Code:
New York, New York 10018
12b25-
<PAGE>
12b25-
<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 appropriate box).
(x) (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, on Form 10-K, will be filed on or before
the fifteenth calendar day following the prescribed due date;
( ) (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 the 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 time period. (Attach extra sheets if needed).
The registrant is unable to file Form 10-K for the fiscal year ended June 30,
1995, on or before September 28, 1995, without unreasonable effort or expense
because of difficulties experienced in gathering certain transaction-related
information related to the secured party asset sale of Hupp Industries, Inc.
and the asset purchase of J&L Structural, Inc., in order to finalize on the
necessary filing requirements.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
William L. Remley . 212 382-1313.
(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 __
12b25-
<PAGE>
(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 ___
See attached Schedule A
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.
12b25-
<PAGE>
12b25-
<PAGE>
CPT Holdings Inc., has caused this notification to be signed on its behalf
by the undersigned hereunto duly authorized.
CPT HOLDINGS, INC.
Dated: September _28_, 1995 By:___William L. Remley__________
-----------------
William L. Remley
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.A.C. 1001).
12b25-
<PAGE>
12b25-
<PAGE>
Schedule A
Registrant's subsidiary, Hupp Industries, Inc. ("Hupp") discontinued
all remaining operations as a result of a secured party asset sale on October
27, 1994. Losses from discontinued operations totaled approximately $550,000
through the date of sale. At the same time, the actual loss from the sale of
Hupp assets was significantly less than the estimate of $3,049,000 disclosed in
the fiscal year 1994 Form 10K dated June 30, 1994. Approximately $2,000,000
will be recognized as a gain on sale of discontinued operations resulting from
this change in estimate. In addition, due to the final decree issued with
regard to Hupp's chapter 11 bankruptcy filing in November 1991, certain
outstanding debts totaling approximately $2,300,000 have been forgiven and are
being recognized under discontinued operations.
Furthermore, as a result of the purchase of J&L Structural, Inc. on
April 6, 1995, the results of continuing operations in comparison to the
previous year will be significantly impacted due to the relative volume of
operations of the newly acquired entity compared with the operations of
Brighton Electric Steel Casting Company during fiscal 1994.
12b25-
<PAGE>
