UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
[ ] Form 10-KSB [ ] Form 20-F [ ] Form11-K [X] Form 10-QSB [ ] FORM N-SAR
For Period Ended: September 30, 1996 SEC FILE NUMBER 0-13409
CUSIP NUMBER 29879H109
[ ] 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 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: Entire Form 10-QSB
PART I - REGISTRANT INFORMATION
Full Name of Registrant Eurotronics Holdings, Incorporated
Former Name if Applicable N/A
Address of Principal Executive Office:
1095 East 2100 South
Salt Lake City, Utah 84106
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)
(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, semiannual report, transition
report on Form 10-KSB, Form 2-F, 11-F, 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 or transition report on Form 10-QSB,
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.
<PAGE>
PART III - NARRATIVE
State below in reasonable detail the reasons why Form 10-KSB, 11-K,
20-F, 10-QSB or N-SAR or portion thereof could not be filed within the
prescribed time period.
On June 17, 1996, Eurotronics Holdings Incorporated (the "Company")
acquired all outstanding capital stock of InterConnect West, Inc.
("ICW") pursuant to an Agreement for Exchange of Stock entered by and
between the Company, ICW, and ICW's shareholders. As a result of this
Agreement, ICW is now the Company's wholly-owned subsidiary and
therefore ICW's operations must be consolidated on the Company's
financial statements. ICW's independent auditor completed the audit on
ICW's financial statements for the fiscal year ended December 31, 1995
only within the last week. Much of the information provided in the
audited year end financial statements is necessary to prepare the
financial statements required in the Form 10-QSB for the quarter ended
September 30, 1996. Accordingly, the Company has been unable to file
this Form 10-QSB within the prescribed time period.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification.
Mark Tolman President (801) 487-0888
(Name) (Title) (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 12 months or
for such shorter period that the registrant was required to
file such report(s) been filed? If the answer if 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?
(X) Yes ( ) No
If so, attach an explanation of the anticipated change, both
narrative and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be
made.
Prior to the Company's June 17, 1996 acquisition of ICW, the
Company was a development stage corporation with no active
operations. The Company had not recorded revenue from
operations since the fiscal year ended December 31, 1989.
Accordingly, the Company's statement of operations for the
third quarter of fiscal 1995 recorded revenue of $2,610 which
represented debt settlement income. The Company also recorded
$87,557 in general and administrative expenses, resulting in
a net loss of $84,947. Since June 17, 1996, the Company has
conducted operations through its wholly-owned subsidiary ICW.
For the quarter ended September 30, 1996, ICW has recorded
total revenue of $57,841, gross profit of $38,039, expenses
of $14,541, and net profit of $23,348.
Eurotronics Holdings Incorporated
(Name of Registrant as specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized
Date: November 15, 1996 By /s/ Mark Tolman
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Name: Mark Tolman
Title: President
