HELIONETICS INC
NTN 10Q, 1996-05-20
CONSTRUCTION - SPECIAL TRADE CONTRACTORS
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<PAGE>
              U.S. SECURITIES AND EXCHANGE COMMISSION
      FORM 12b-25WASHINGTON  D.C. 20649       SEC FILE NUMBER
                                                     1-8355
          NOTIFICATION OF LATE FILING        CUSIP NUMBER
            (Check One)                                
          [ ] Form 10-K  [ ] Form 11-K  [ ] Form 20-F  [X] Form
10-Q
                                                  OMB Approved
                                                  OMB 3235-0058
                                                  Expires 31 Oct
1984
                 For Period Ended: March 31, 1996
___________________________________________________________________
___________
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:___________________________________________________________
__
___________________________________________________________________
___________
     Part I - Registrant Information
___________________________________________________________________
___________
     Full Name of Registrant: HELIONETICS, INC.
     Former Name if Applicable:    Not applicable
___________________________________________________________________
___________
     Address of Principal Executive Office (Street and Number):
                         6849 Hayvenhurst Avenue
___________________________________________________________________
___________
     City, State and Zip Code Van Nuys, California 92714
___________________________________________________________________
___________
     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;
          (b) The subject annual report/portion thereof will be
filed on or
before the fifteenth calendar day following the prescribed due
date; or the
subject quarterly report/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 the Form
10-K, 11-K, 20-F
or 10-Q, or portion thereof, could not be filed within the
prescribed time
period.

          THE EXAMINATION OF THE COMPANY'S FINANCIAL STATEMENTS
FOR THE YEAR
ENDED DECEMBER 31, 1995 ARE STILL UNDERWAY.  THE INDEPENDENT
PUBLIC ACCOUNTANTS
EXAMINATION ARE CURRENTLY ESTIMATED TO BE COMPLETED IN TWO WEEKS
(APPROX MAY 24,
1996). THE REGISTRANT WILL FILE ITS FORM 10-Q AS SOON AS THE FORM
10-K FOR THE
YEAR ENDED DECEMBER 31, 1995 IS FILED. 

     Part IV - Other Information
___________________________________________________________________
___________
     (1) Name and telephone number of person to contact in regard
to this 
notification

           Adrian Cayetano               818         778-0000
          (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) during the preceding 12
months (or for
such
         shorter period that the registrant was required to file
such reports)
                         [ ] YES   [X] 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?
                         [x] YES   [ ] 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 can not be made. SEE ATTACHED RIDER A
___________________________________________________________________
___________

     ________________________HELIONETICS,
INC.________________________________________
          (Name of Registrant as specified in charter)
     
     has caused this notification to be signed on its behalf by
the undersigned
thereunto
     duly authorized.

     Date:   May 13, 1996               By: /s/ Adrian Cayetano
                              Principal Accounting Officer

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>


                              RIDER A

It is anticipated that the Company's result of operations for the
quarter ended
March 31, 1996 will be significantly changed from the previous
year due to the
reporting as a discontinued operation of the Company's KSW, Inc.
subsidiary whose
interest was distributed by the Company to its shareholders of
record as of
December 4, 1995.  Additionally, the Company's subsidiary,
Tri-Lite, Inc., on
February 1996, filed for chapter 11 proceedings under the
Bankruptcy code thereby
requiring a different presentation and disclosure for their
results of operations
for 1996.

The Company at this time cannot accurately quantify the effect of
such accounting
issues since the completion of the Company's financial statement
are currently
underway. 











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