U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
FOR FORM 10-Q
For Period Ending Commission File No. 0-13829
September 30, 1995 CUSIP No. 740330 10 5
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 a filing above,
identify the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
PRECISION STANDARD, INC.
(Full Name of Registrant)
One Pemco Plaza
1943 50th Street North
Birmingham, Alabama 35212
(Address of Principal Executive Office)
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;
(b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K or
Form N-SAR, or portions thereof, will be filed on or
X before the fifteenth 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 the 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.
Since the end of the reporting period, the Company determined
that certain post-closing adjustments to items recognized
during the quarter were required. In addition, since the time
that determination was made, one of the responsible officers
of the Company has been traveling extensively and therefore
has been unable to review and execute the report.
PART IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification.
Walter M. Moede (205) 591-3009
(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 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 answer is no, identify report(s).
X Yes No
(3) Is it anticipated that any significant change in results of
operation 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
The Company anticipates reporting a loss for the
three months ended September 30, 1995 as opposed to a profit of
$714,540 for the same quarter in 1994. The Company believes that
a loss is anticipated by analysts and others following the
Company's stock.
Precision Standard, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: November 13, 1995 By: /s/ Walter M. Moede
Walter M. Moede
Executive Vice President
(Principal Financial Officer)
