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U.S. 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, 2000
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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)
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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
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[X] (c) The accountant's statement or other exhibit required by Rule
12(b)-25(c) has been attached if applicable.
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PART III - Narrative
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State below in reasonable detail the reasons why the Form 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
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(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 the 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 loss for the year ended January 31, 2000
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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
thereunto duly authorized.
Date: April 26, 2000 By:_____________________________
Leonard W. Pietrzak
Vice President - Finance
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Asher & Company, Ltd.
1845 Walnut Street
Philadelphia, PA 19103-4755
(215) 564-1900
March 27, 2000
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, 2000, because
our audit procedures have not been completed.
ASHER & COMPANY, Ltd.
