SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
GREENTREE SOFTWARE, INC.
Commission file number 0-11791
NOTIFICATION OF LATE FILING
(Check One): [X] Form 10-K [ ] Form 11-K [ ] Form 20-F
[ ] Form 10-Q
[ ] Form N-SAR
For Period Ended: May 31, 1997
[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
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: N/A
PART I. REGISTRANT INFORMATION
Full name of registrant: Greentree Software, Inc.
Former name if applicable: N/A
Address of principal executive office (Street and Number): 7901 Flying Cloud
Drive, Suite 150
City, State and Zip Code: Eden Prairie, Minnesota 55344
<PAGE>
PART II. RULE 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.)
[X] (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 Form 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
[ ] (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. (Attach extra sheets if needed.)
Registrant is unable to file the subject report within the
prescribed period because of the unusual effort and expense required to
prepare such report within the prescribed time period. The unusual effort
and expense includes the gathering of financial information in connection
with the audit of the Registrant's financial reports for the 1997 fiscal
year as a result of a change in Registrant's independent public
accountants, the relocation of the Registrant's executive offices and a
change in the Registrant's management.
PART IV. OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Jerome B. Misukanis (612) 941-1500
(Name) (Area code) (Telephone number)
<PAGE>
(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
(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.
GREENTREE SOFTWARE, INC.
(Name of registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
GREENTREE SOFTWARE, INC.
Date: August 28, 1997 By: /s/ Jerome B. Misukanis
Jerome B. Misukanis,
Chief Financial Officer and Treasurer
