UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SEC File Number: 0-11426
FORM 12b-25 CUSIP Number: 695 167 106
NOTIFICATION OF LATE FILING
(Check One):[X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [
]Form N-SAR
For Period Ended: December 31, 1995
[ ]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: Not
applicable
PART I-REGISTRANT INFORMATION
Full Name of Registrant Packaging Research Corporation
Former Name if Applicable
Address of Principal Executive Office 2582 South Tejon Street
City, State and Zip Code Englewood, Colorado 80110
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-25b, the following should be completed. (Check box if
appropriate)
[X] (a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable
effort or expenses;
[X] (b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K, Form N-SAR, or
portion thereof, will be filed on or before the fifteenth
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 the Form 10-K, 20-
F, 11-K, 10-Q, N-SAR, or the transition report or portion thereof,
could not be filed within the prescribed time period.
The Registrant's Form 10-K for the year ended December 31, 1995
cannot be filed within the prescribed time period due to the
unavailability of certain information required for the completion
of the audit of the Company's financial statements as of the fiscal
year ended December 31, 1995. Such information could not be
obtained without unreasonable effort or expense. See attached
letter dated March 29, 1996 from Arthur Andersen & Co., the
Company's independent public accountants.
PART IV-OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Robert H. Porter (303) 936-2363
(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 reports) been filed? If 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.
Packaging Research Corporation
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: March 29, 1996 By /s/ROBERT H. PORTER
Robert H. Porter
Chief Financial Officer
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.
Public Accountants' Letter
ARTHUR
ANDERSEN
Arthur Andersen & Co., SC
1225 17th Street, Suite 3100
Denver, CO 80202-55531
(303) 295-1900
March 29, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Packaging Research Corporation
Form 12b-25
Notification of Late Filing of 1995 Form 10-K
Dear Ladies and Gentlemen:
This letter will serve to confirm that we, as PRC's independent
public accountants, are unable to complete our audit of, and render
our required report on PRC's 1995 financial statements without the
Company incurring unreasonable effort or expense as discussed in
the accompanying Form 12b-25, in a manner necessary for the timely
filing of PRC's 1995 Form 10-K.
ARTHUR ANDERSEN LLP
Copy to: Mr. Robert Fillingham
Packaging Research Corporation
