UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
SEC FILE NUMBER
NOTIFICATION OF LATE FILING 0-16176
FORM 10-K CUSIP NUMBER
043742 30 3
For Period Ended: September 30, 1995
[Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.]
PART I - REGISTRANT INFORMATION
ASHA CORPORATION
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Full Name of Registrant
Not Applicable
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Former Name if Applicable
600 C Ward Drive
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Address of Principal Executive Office (Street and Number)
Santa Barbara, California 93111
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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 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, Form N-SAR, or portion thereof, will be
filed on or before the fifteenth calendar day following the
[X] prescribed due date; or the subject quarterly 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 has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Registrant is involved in a joint venture with a Singapore corporation.
It has encountered problems obtaining information required by its auditors,
from the Singapore entity, and has been unable to provide such information to
its auditors in time for them to complete their report.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Jon D. Sawyer 303/295-2355
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(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) been filed? If 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? [X]Yes [ ]No
If so, attach an explanation of the anticipated change, both narratively
and qualitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
The Registrant expects to report that during the fiscal year ended
September 30, 1995, the Registrant had approximately $4,470,000 in revenues as
compared to $1,260,343 during the fiscal year ended September 30, 1994. The
Registrant also anticipates that it will report net income of approximately
$1,540,000 for the fiscal year ended September 30, 1995, as compared to a net
loss of $(915,589) for the fiscal year ended September 30, 1994. The reason
for the improved results is that the Registrant received substantially greater
license and right of first refusal revenue during the fiscal year ended
September 30, 1995.
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ASHA CORPORATION
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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.
ASHA CORPORATION
By/s/ John C. McCormack
John C. McCormack, President
Date: January 2, 1996
[/TABLE]
[ATTENTION: Intentional misstatements of omissions of fact constitute Federal
Criminal Violations (See 18 U.S.C. 1001).]
(asha.12b)
