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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25 SEC File Number 1-4124
CUSIP Number 477178107
NOTIFICATION OF LATE FILING
(Check One):
[X] Form 10-K [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q [ ] Form N-SAR
For Period Ended:
JANUARY 31, 1997
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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.
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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
JETRONIC INDUSTRIES, INC.
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Full Name of Registrant
Former Name if Applicable
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Address of Principal Executive Office (Street and Number)
4200 Mitchell Street
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City, State and Zip Code
Philadelphia, PA 19128
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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;
[X] (b) The subject annual report or semi-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
[X] (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 Forms 10-K, 11-K, 20-F,
10-Q or N-SAR or portion thereof, could not be filed within the prescribed time
period.
Additional time is necessary to complete the Consolidation.
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Part IV - Other Information
(1) Name and telephone number of person to contact in regard
to this notification
LEONARD W. PIETRZAK (215) 482-7660
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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 that the registrant was required to
file such report(s) been filed? If answer is
no, identify report(s). [X] Yes [ ] No
(3) Is it anticipated that any significant changes
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
Attachment to Part IV(3) -- Other Information
The Company expects to report a profit for the year ended January 31, 1997
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compared to a loss for the prior year.
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JETRONIC INDUSTRIES, INC.
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: April 21, 1997 By: /s/ Leonard W. Pietrzak
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Leonard W. Pietrzak
Vice President - Finance
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April 21, 1997
Mr. Leonard W. Pietrzak
Vice President - Finance
Jetronic Industries, Inc.
4200 Mitchell Street
Philadelphia, PA 19128
Dear Mr. Pietrzak:
We are unable at this time to provide you with our Independent Auditors' Report
on the consolidated financial statements of Jetronic Industries, Inc. and
Subsidiaries for the year ended January 31, 1997, because our audit procedures
have not been completed.
ASHER & COMPANY, Ltd.