SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
of
FORM 10-QSB
For Period Ended: September 30, 1998
DIAPULSE CORPORATION OF AMERICA
(Name of Registrant)
321 East Shore Road, Great Neck, NY 11023
(Address of Principal Executive Office)
____132-3___
(Commission File Number)
Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.
Page 1 of 3
Part II
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 quarterly report on Form 10-QSB will be filed on or
before the five calendar days 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
State below in reasonable detail the reasons why Form 10-QSB could not be file
within the prescribed period.
Due to the delay in filing the Company's 10-KSB for the year ended
December 31, 1997, the Company has been delayed in closing it's books for the
third quarter ended September 30, 1998.
As a result of the foregoing, the Company's Quarterly Report on
Form 10-QSB for the quarter ended September 30, 1998, cannot be completed and
timely filed without unreasonable effort or expense.
Page 2 of 3
Part IV
(1) Name and telephone number of person to contact in regard to this
notification.
___Jesse Ross_________________(516) 466-3030___
(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 twelve months or for such shorter period
that the registrant was required to file such report(s) been filed? If the
answer is no, identify such reports.
Yes [ ] No [ X ]
As described above, The Company has not yet filed its Form 10-QSB for the 2nd
and 3rd Quarters ended June 30, 1998 and September 30, 1998 due to the delay in
filing our 10-KSB
(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? If so, attached 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.
Yes [X] No [ ]
The Company expects its results of operations for the third quarter of fiscal
1998 to be significantly less profitable that the third quarter of 1997. Sales
are significantly less, which will result in lower gross margins and lower
earnings.
DIAPULSE CORPORTION OF AMERICA has caused this notification to
be signed on its behalf by the undersigned thereunto duly authorized.
Date: November 13, 1998, By: ________________________
Name: Jesse Ross
Title: Chairman of the Board
and President
