FORM 12b-25 U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SEC FILE NUMBER
0-11331
NOTIFICATION OF LATE FILING
(Check One) CUSIP NUMBER
713 75T 203
_X_ Form 10-K ___ Form 11-K ___ Form 20-F ___ Form 10-Q ___ Form N-SAR
For Period Ended: December 31, 1997
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Part I - Registrant Information
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Full Name of Registrant: Performance Industries, Inc.
Former Name if Applicable
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Address of Principle Executive Office:
2701 E. Camelback Road, Suite 210
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City, State and Zip Code:
Phoenix, AZ 85016
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Part II - Rules 12b-25 (b) and (c)
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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 or semi-annual report/portion
thereof will be filed on or before the fifteenth calendar day
following the prescribed due date; or the subject quarterly
report/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.
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Part III - Narrative
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State below in reasonable detail the reasons why the Form 10-K, 11-K,
20-F, 10-Q or N-SAR or portion thereof, could not be filed within the
prescribed time period.
There has been a delay in preparing the Financial statements in final
form by the Auditors due to the press of work and were unable to
complete audit.
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<PAGE>
Part IV - Other Information
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(1) Name and telephone number of person to contact in regard to this
information:
Edmund L. Fochtman, Jr. 602 912-0100
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(Name) (Area Code) (Telephone Number)
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(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
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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?
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons the reasons why a reasonable estimate of the results can
not be made.
| | YES |X| NO
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PERFORMANCE INDUSTRIES, 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: April 1, 1998 /s/ Robert A. Cassalia
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