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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number
0-14203
(Check One):
Form 10-K
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Form 20-F
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Form 11-K
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x Form 10-Q
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Form N-SAR
For Period Ended: August 31, 1999
Transition Report on Form 10-K
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Transition Report on Form 20-F
Transition Report on Form 11-K
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Transition Report on Form 10-Q
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Transition Report on Form N-SAR
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For the Transition Period Ended:
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:
Part I--Registrant Information
Full Name of Registrant
Meridian National Corporation
Former Name if Applicable
Address of Principal Executive Office (Street and Number) City, State and
Zip Code
805 Chicago Street
Toledo, Ohio 43611
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)
x (a) The reasons described in reasonable detail in Part III of this form could
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not be eliminated without unreasonable effort or expense;
x (b) The subject annual report, semi-annual report, transition report on Form
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10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the fifteenth calendar day following the
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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
(c) The accountant's statement or other exhibit required by Rule 12b-25(c) has
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been attached if applicable.
Part III--Narrative
State below in reasonable detail the reasons why Form 10-K and Form 10-KSB, 20-
F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period. (Attach Extra Sheets
if Needed)
Form 10-Q for the quarter ended August 31, 1999 will not be filed within
the prescribed time period as a result of the heavy workload experienced by
the Registrant's accounting and reporting department. The implementation
of a new computer system has caused a delay in the completion of the
Quarterly Report on Form 10-Q.
Part IV--Other Information
(1) Name and telephone number of person to contact in regard to this
notification
James L. Rosino
Vice President - Finance
(419) 729-3918
(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
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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.
Net loss for the second quarter ended August 31, 1999 was $1,293,000,
or $.36 per share, compared to net loss of $19,000, or $.01 per share,
for the second quarter of the previous fiscal year. Net sales for the
second quarter amounted to $10.2 million compared to $11.0 million for
the second quarter of the prior fiscal year, an decrease of 7.6%.
Meridian National Corporation has caused this notification to be signed on
its behalf by the undersigned thereunto duly authorized.
Meridian National Corporation
By: /s/ James L. Rosino
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James L. Rosino
Vice President - Finance
Date: October 18, 1999
