UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
0-13400
CUSIP NUMBER
(Check One):[x]Form 10-k [ ]Form 20-F [ ]Form 11-K [ ] Form 10-Q [ ] Form N-SAR
For Period Ended: December 31, 1998 [ ] 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 Instruction (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 on the filing checked above, identify
the Item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
NTS-Properties V, a Maryland Limited Partnership
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Full Name of Registrant
- -
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Former Name if Applicable
10172 LINN STATION ROAD
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Address of Principal Executive Office (Street and Number)
Louisville, Kentucky 40223
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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 without unreasonable effort or expense
and the registrant seeks relied 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;
(b) The subject annual report,semi-annual report,transition report
on Form 10-K,Form 20-F,11-K 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
[X] report of 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.
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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.
Changes in the Partnership's accounting staff which has delayed the final
preparation of the Form 10-K.
PART IV - OTHER INFORMATION
1) Name and telephone number of person to contact in regard to this notification
Brian F. Lavin (502) 426-4800
(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(s) been filed? If answer is no,
identify report(s) [X] Yes [ ] No
3) Is it anticipated that any significant change in the result 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 narratively and
quantitatively,and if appropriate,state the reasons why a reasonable estimate
of the results cannot be made.
See APPENDIX 1
NTS-Properties V, a Maryland Limited Partnership
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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 /s/ Brian F. Lavin
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President and Chief Operating
Officer of NTS Capital Corporation
(Acting 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
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.
ATTENTION
INTERNAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).
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GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17CFR 240.12b-25) of the General Rules
and Regulations under the Securities and Exchange Act of 1934.
2. One signed original and four conformed copies of this and amendments thereto
must be completed and filed with the Security Exchange Commission, Washington,
D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations
under the Act. The information contained in or filed with the form will be made
a matter of public record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be filed with
each national securities exchange on which any class of securities of the
registrant is registered.
4. Amendments to the notification must also be filed on form 12b-25 but need not
restate information that has been correctly furnished. The form shall be clearly
identified as an amended notification.
5. Electronic Filers. This form shall not be used by filers unable to timely
file a report solely due to electronic difficulties. Filers unable to submit a
report within the time period prescribed due to difficulties in electronic
filing should comply with either Rule 201 or Rule 202 of Regulation S-T (Section
232.201 or Section 232.202 of this chapter) or apply for an adjustment in filing
space pursuant to Rule 13(b) of Regulation S-T (Section 232.13(b) of this
chapter).
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APPENDIX 1
Attachment to Form 12b-25
The Registrant had a pretax loss of approximately $608,000 in 1997 and will have
a pretax profit of approximately $3,996,000 in 1998.
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