ZING TECHNOLOGIES INC
NT 10-K, 1998-09-29
SEMICONDUCTORS & RELATED DEVICES
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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 12b-25
                         Commission File Number 0-14328

                           NOTIFICATION OF LATE FILING

(Check One):[X] Form 10-KSB [  ] Form 20-F  [  ] Form 11-K  [  ] Form 10-Q
           [  ] Form N-SAR

For the Period Ended:   June 30, 1998
[  ] Transition Report on Form 10-K      [  ] Transition Report on Form 10-Q
[  ] Transition Report on Form 20-F      [  ] Transition Report on From 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 related to a portion of the filing checked above,
identify the item(s) to which the notification relates:________________________


                         PART I. REGISTRANT INFORMATION

Full name of registrant:  Zing Technologies, Inc.
                       ----------------------------------
Former name if applicable:
                          -------------------------------
                115 Stevens Avenue
- ---------------------------------------------------------
Address of Principal executive office (Street and number)

City, state and zip code      Valhalla, NY 10595
                        ---------------------------------

                        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 on Form 10-KSB will be filed on or before
            the 15th 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


<PAGE>


        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:

        As a result of the recent and significant stock market volatility which
occurred in mid-August, 1998, the Company engaged in comprehensive market
analysis to determine the effect of the volatility on the Company's investment
portfolio. The need to await receipt of documentation needed for this analysis
delayed completion of subsequent events disclosure for the annual report on Form
10-K.

PART IV.  OTHER INFORMATION

        (1) Name and telephone number of person to contact in regard to this 
            notification

                Martin S. Fawer                           (914) 747-7474
                --------------------------------------------------------------
                   (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 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.

                             Zing Technologies, Inc.
                   ------------------------------------------
                  (Name of registrant as specified in charter)

has caused this notification to be signed on its behalf by the undersigned 
thereunto duly authorized.

Date:   September 29, 1998                        By:       Martin S. Fawer
       -----------------------                           ------------------
                                                            Martin S. Fawer
                                                 Title: Chief Financial Officer

               Instruction. The form may be signed by an executive officer of
        the registrant or by any other duly authorized representative. If the
        statement is signed on behalf of the registrant by an authorized
        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:

        Intentional misstatements or omissions of fact constitute Federal 
criminal violations (see 18 U.S.C.1001).



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