1863 3-24-99 Form 12b-25 22,231
[paragraph 32,291] Form 12b-25
-- Form 12b-25 is proposed to be amended in Release No. 33-7369, December 5,
1996. See paragraph 85,865
[Adopted in Release No. 34-10707 (paragraph 79,728), effective June 3, 1974, 39
F.R. 12861; amended in Release No. 34-16718 (paragraph 82,487), effective May 8,
1980, 45 F.R. 23651; amended in Release No. 34-21633 (paragraph 83,725),
effective April 30, 1985, 50 F.R. 1442; Release No. 34-26589 (paragraph 72,435),
effective April 12, 1989, 54 F.R. 10306; Release No. 34-30968 (paragraph
72,439), effective August 13, 1992 57 FR 36442; Release No. 34-31905 (paragraph
85,111), effective April 26, 1993, 58 FR 14628; and Release No. 34-35113
(paragraph 85,475), effective January 30, 1995, 59 F.R. 67752.]
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
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NOTIFICATION OF LATE FILING SEC FILE NUMBER
0-87830
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(Check One): CUSIP NUMBER
026801100
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|X|Form 10-K and Form 10-KSB |_|Form 20-F |_|Form 11-K |_|Form 10-Q Form 10-QSB
[_]Form N-SAR
For Period Ended: March 31, 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 the Transition Period Ended:
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________________________________________________________________________________
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:
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- --------------------------------------------------------------------------------
________________________________________________________________________________
Part I -- Registrant Information
________________________________________________________________________________
Full Name of Registrant American Industries, Ltd.
Former Name if Applicable
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Address of Principal Executive Office (Street and Number)
101 Convention Center Drive #1212
City, State and Zip Code
Las Vegas, NV 89109
________________________________________________________________________________
Part II -- Rules 12b-25(b) and (c)
________________________________________________________________________________
<PAGE>
22,232 Exchange Act--Forms 1863 3-24-99
(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, Form 11-K, 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 [Amended in Release No. 34-26589 (paragraph 72,435),
effective April 12, 1989, 54 F.R. 10306.]
(c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
________________________________________________________________________________
Part III -- Narrative See attached
________________________________________________________________________________
State below in reasonable detail why the 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. [Amended in Release No. 34-26589
(paragraph 72,435), effective April 12, 1989, 54 F.R. 10306; and Release No.
34-30968 (paragraph 72,439), effective August 13, 1992, 57 FR 36442.]
(Attach Extra Sheets if Needed)
________________________________________________________________________________
Part IV--Other Information
________________________________________________________________________________
(1) Name and telephone number of person to contact in regard to this
notification
George Balis (602) 944-1390
(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.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date 6-30-1999 By George Balis Pres
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).
<PAGE>
Part III -- Narrative
Registrant's Director and Chief Executive Officer, George Balis, has been
out of the country for the past month arranging for the commencement of
operations overseas, namely Luxembourg, the state of incorporation for the
Registrant's wholly owned subsidiary Global Technologies, S.A. Upon his return,
Mr. Balis found that the Registrant's auditor required additional information to
complete the annual audit. That information has now been provided to the
auditor, and it is therefore anticipated that the filing of the current 10-K may
be delayed but not beyond the time period allowed by Exchange Regulation 12b-25
