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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 000-13670
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, 1998
/X/ 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:
READ INSTRUCTIONS (ON BACK PAGE) 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
Teletrak Environmental Systems, Inc.
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Full Name of Registrant
Teletrak Advanced Technology, Inc.
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Former Name if Applicable
2 Sutton Place
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Address of Principal Executive Office (Street and Number)
Webster, MA 01570-1190
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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 withoug 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 not be eliminated without unreasonable effort or
expense;
(b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K
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or 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 of transaction 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 been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 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 is unable to file Form 10-KSB within the prescribed time period
without unreasonable effort or expense for the following reasons: (i) the recent
retention of new accountants, Richard A. Eisner & Company, LLP and (ii) the need
for consolidating for the first time, the financial statements of the Registrant
with its wholly-owned subsidiary, Advanced Environmental Systems, Inc. As the
Registrant only completed the acquisition of Advanced Environmental systems,
Inc. in November, 1998, the retention of a new accounting firm has caused an
unavoidable delay in the preparation of consolidated financial statements and
the completion of the related audit.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Richard S. Frazer, Esq. (212) 326-0416
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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 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.
Teletrak Environmental Systems, 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: APRIL 1, 1999 By: GERD E. REINIG
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