SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number 0-01298
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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: 12/31/99
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[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended:
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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.
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
Full name of registrant: Advanced Technical Products, Inc.
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Former name if applicable:
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Address of principal executive office (Street and number):
200 Mansell Court East, Suite 505
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City, State and Zip Code: Roswell, Georgia 30076
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Part II. Rule 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, semi-annual report, transition report on
Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the 15th 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 [X];
and
(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 Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
As previously disclosed, the Registrant is presently responding to a
governmental investigation. As part of its response, the Registrant is
performing additional reviews that have caused a delay in the determination of
certain items to be included in the Registrant's financial statements for the
fiscal year ended December 31, 1999 and the disclosure in certain Items in the
Form 10-K.
Part IV. Other Information
(1) Name and telephone number of person to contact in regard
to this notification
Garrett L. Dominy (770) 993 0291
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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
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(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.
Advanced Technical Products, 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 March 31, 2000 By /s/ Garrett L. Dominy
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Name: Garrett L. Dominy
Title: Executive Vice President and Chief
Financial Officer
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Part IV
Other Information
As previously announced, the Registrant has ongoing a review of the books and
records of its Alcore subsidiary, and anticipates that a result of such review
will be the recording of material adjustments to the Registrant's consolidated
operating results. The magnitude of such adjustments and the period or periods
in which such adjustments are to be recorded will be determined by the
Registrant's continuing review. The Registrant previously announced that such
adjustments could eliminate any earnings reported during the first nine months
of 1999. The Registrant now believes that such adjustments could be larger and
may exceed the earnings reported for the first nine months of 1999.
