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U.S. 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-Q [ ] Form N-SAR
For Period Ended: September 30, 1998
[ ] 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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Nothing in this Form shall be construed to imply that the Commission has
verified any information contained herein.
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If the Notification relates to a portion of the filing checked above,
identify the Item(s) to which the Notification relates: N/A
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Commission File Number: 1-0096
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PART I
Registrant Information
Full Name of Registrant:
STRIKER INDUSTRIES, INC.
Address of Principal Executive Office:
One Riverway, Suite 2450
Houston, Texas 77056
PART II
Rules 12b-25 (b) and (c)
[X ] 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:
(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 Quarterly Report on Form 10-Q will be filed on or before
the fifth calendar day following the prescribed due date of the Quarterly
Report.
(c) The accountant's statement or other exhibit required by Rule
12b-25 (c) is attached. N/A
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PART III
Narrative
State below in reasonable detail the reasons why Form 10-Q could not be filed
within the prescribed period:
All of the required information necessary to complete Form 10-Q by
November 14, 1998 was not available, and therefore Form 10-Q will be filed
within the five-day extension period.
PART IV
Other Information
(1) Name and telephone number of person to contact in regard to this
Notification:
Paul B. Edmiston 713 622-4092
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(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 as 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
part thereof? [X ] Yes [ ] No
For the quarter ended September 30, 1998, operations were resumed
at the Registrant's Mill in Thorold, Ontario, Canada only. The Registrant's Mill
in Stephens, Arkansas remained idled due to the suspension of operations and
casualty losses at the Registrant's Mills at Stephens, Arkansas, as more fully
reported in Note 14 of the Registrant's Annual Report on Form 10-K filed with
the Commission for the year ended December 31, 1997, which conditions and
situation continued without substantial change throughout the quarter ended
September 30, 1998. The operating loss, general and administrative expenses and
interest expense during the period has resulted in a net loss (estimated to be
approximately $1,200,000) for the quarter ended September 30, 1998, as compared
to a net loss of $1,248,936 for the quarter ended September 30, 1997. This will
be fully explained in the Registrant's Quarterly Report on Form 10-Q for the
quarter ended September 30, 1998 to be filed with the Commission on or before
November 19, 1998.
STRIKER INDUSTRIES, INC. has caused this Notification to be signed on
its behalf by the undersigned hereunto duly authorized.
Date: November 13, 1998 By: /s/Paul B. Edmiston
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Paul B. Edmiston
Chief Financial Officer
