AUTOCORP EQUITIES INC
NT 10-K, 1999-12-17
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                     U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                    000-15216
                                    ---------
                                 SEC FILE NUMBER

                                   052764 20 6
                                    ---------
                                  CUSIP NUMBER

                                  (Check One):

       [X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form
                       10-Q and Form 10-QSB [ ] Form N-SAR

                               September 30, 1999
                              ------------------
                                For Period Ended

                       [ ] 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 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  relates  to a portion of the  filing  checked  above,
identify the Item(s) to which the notification relates:


Part I--Registrant Information

AutoCorp Equities, Inc.
- ----------------------------------
Full Name of Registrant


Former Name if Applicable
- ----------------------------------

2740 North Dallas Parkway, Suite 110
- ----------------------------------
Address of Principal Executive Office (STREET AND NUMBER)

Plano, Texas 75093-4705
- -----------------------
City, State and Zip Code

<PAGE>

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 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-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 Form 10-K and Form  10-KSB,
20-F,  11-K, 10-Q and Form 10-QSB,  N-SAR,  or the transition  report or portion
thereof could not be filed within the prescribed period.

Inability to generate required financial information on a timely basis.

(Attach Extra Sheets if Needed)

Part IV--Other Information

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

James V. Grevelle                    (972)          701-7095
- --------------------------           -----          --------
(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 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

<PAGE>

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.

AUTOCORP EQUITIES, INC.
- ----------------------------------
(Name of Registrant as specified in charter)

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

December 17, 1999                /s/  Charles Norman
- -------------------              ----------------------------------
Date                             By:  Charles Norman, President and
                                      Chief Executive 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
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.

<PAGE>

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).

GENERAL INSTRUCTIONS

1. This form is  required  by Rule  12b-25 (17 CFR 240,  12b-25) of the  General
Rules and Regulations under the Securities Exchange Act of 1934.

2. One signed  original and four  conformed  copies of this form and  amendments
thereto must be completed and filed with the Securities and 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 the 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  notifications  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 electronic 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 date  pursuant to Rule 13(b) of  Regulation  S-T  (Section
232.13(b) of this chapter).




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