U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ X ] Form 10-Q and
Form 10-QSB [ ] Form N-SAR
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For Period Ended: 3/31/00
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[ ] 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:_______________________________________
________________________________________________________________________________
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:
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant
Tridex Corporation
Address of Principal Executive Office (Street and Number)
61 Wilton Road
Westport, CT 06880
<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 box if appropriate)
[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, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K or 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
[ ] (c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.
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PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
During the first calendar quarter of the current year, the period for which the
Registrant's Quarterly Report on Form 10-Q relates, several principal officers
of the Registrant resigned from their employment with Registrant. These officers
included the Registrant's Chief Financial Officer, who, in the past, generated
the Registrant's accounting and financial reports and oversaw the public
reporting process, and the Registrant's Secretary, who maintained the
Registrant's internal records and files relating to matters which are the
subject of the Quarterly Report on Form 10-Q. To date, the Registrant has not
been able to recruit replacements for the departed officers. These factors have
hampered Registrant's ability to finalize its interim financial statements and
Form 10-Q.
For the reasons set forth above, the Registrant's inability to timely file its
Quarterly Report on Form 10-Q for the period ended March 31, 2000 cannot be
eliminated without unreasonable effort or expense. The Registrant intends to
file its Quarterly Report no later than the fifth day after the due date of the
Quarterly Report.
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of persons to contact in regard to this
notification:
Seth M. Lukash, Chairman, CEO and CFO, (203) 226-1144
(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?
[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 cannot be made.
The Registrant anticipates reporting a $3.6 million pre-tax loss from operations
for the quarter ended March 31, 2000 as compared to a $1.8 million pre-tax loss
from operations for the prior year period. However, as a result of gain on the
sale of discontinued operations, the Registrant will report net income of
approximately $1,300,000 for the quarter as compared to a net loss of $726,000
for the prior year period.
The Registrant has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
TRIDEX CORPORATION
Date: May 15, 2000 By: /s/ Seth M. Lukash
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Seth M. Lukash
Chairman, CEO and CFO
