<PAGE> U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
[X] Form 10-K and 10-KSB [ ] Form 20-F [ ] Form 11-K Form 10-Q and 10-QSB
[ ] Form N-SAR
For Period Ended: December 31, 1996
________________________________________________________________________________
Nothing in this form shall be construed to imply the Commission has
verified any information contained herein.
________________________________________________________________________________
Part I Registrant Information
________________________________________________________________________________
Full Name of Registrant: LUNN INDUSTRIES, INC.
One Garvies Point
(Address of Principal Executive Office)
Glen Cove, New York 11542
(City, State and Zip Code)
________________________________________________________________________________
Part II Rules 12b-25(b) and (c)
________________________________________________________________________________
(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 report on Form 10-KSB will be filed on or before the
fifteenth calendar day following the prescribed due date.
(c) Not applicable.
<PAGE>
________________________________________________________________________________
Part III Narrative
________________________________________________________________________________
The Registrant has been unable to complete and file, when originally due, the
Annual Report on Form 10-KSB due to the delays in completing the audit and the
financial statements as a result of the change in independent accounting firms.
________________________________________________________________________________
Part IV Other Information
________________________________________________________________________________
(1) Name and telephone number of person to contact in regard to this
notification
Lawrence A. Muenz (516) 242-7348
(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 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?
[ ] Yes [X] 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.
<PAGE>
Lunn Industries, Inc.
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 31, 1997 By: /s/ Lawrence Schwartz
---------------------
Name: Lawrence Schwartz
Title: Vice President, Secretary and Chief
Financial Officer
