UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File Number 2-76262-NY
NOTIFICATION OF LATE FILING
(Check One):
|X| Form 10-K and Form 10-KSB |_| Form 11-K |_| Form 20-F
|_| Form 10-Q |_| Form N-SAR
For Period Ended: November 30, 1996
[ ] 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.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
________________________________________________________________________________
________________________________________________________________________________
PART I
REGISTRANT INFORMATION
Laser Master International, Inc.
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Full Name of Registrant
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Former Name if Applicable
1000 First Street
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Address of Principal Executive Office (Street and Number)
Harrison, New Jersey 07029
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City, State and Zip Code
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 appropriate box.)
|_| (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 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; 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 Form 10-K, 11-K, 20-F, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
Registrant was advised by its auditing firm that the auditing was unable to
finalize the audit for the year end as a result of not receiving third party
confirmation. Attached hereto is a letter from Goldstein and Morris the
Registrant's accounting firm confirming the within.
<PAGE>
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Joseph Baratta 212 750-9700
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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 change in results of operation for
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.
Laser Master International, 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 February 18, 1997 By /s/ Abraham Klein
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Abraham Klein - Executive V/P
Instruction: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal criminal
violations. (See 18 U.S.C. 1001)
<PAGE>
February 28, 1997
Laser Master International, Inc.
and Subsidiaries
1000 First Street
Harrison, N.J. 07029
Attention: Mr. Mendel Klein
Re: Laser Master International, Inc.
Dear Mr. Klein:
Please be advised that we are not able to complete our audit of your financial
statements to permit you to complete and file your Form 10-KSB for the fiscal
year ended November 30, 1996 inasmuch as we are not yet in receipt of certain
third party confirmations and audit responses. However, we anticipate that such
information will be received shortly which will permit us to complete our audit
by the first week of March 1997.
We understand that you will include this statement in the Notification of Late
Filing under Rule 12b-25 which you are filing with the Securities and Exchange
Commission and we hereby consent to such inclusion.
Very truly yours,
GOLDSTEIN AND MORRIS, CPA'S P.C.
By: /s/ Alan Goldberger
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Alan Goldberger
