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U. S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number 0-15476
NOTIFICATION OF LATE FILING
[ ] FORM 10-K [ ] FORM 20-F [ ] FORM 11-K [X] FORM 10-Q [ ] FORM N-SAR
For period Ended: September 30, 1999
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended: Not applicable
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: Not applicable
PART I
REGISTRANT INFORMATION
Full name of registrant: Zaxis International Inc.
Former name, if applicable: Not applicable
Address of principal executive office: 1890 Georgetown Road
City, state and zip code: Hudson, OH 44236
PART II
RULE 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.)
[X] (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 15th 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
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PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period.
The Registrant will not be able to complete and file its Form 10-QSB
for the quarterly period ended September 30, 1999, on the prescribed
due date of November 15, 1999, without unreasonable effort or expense,
as a result of certain pending matters that need to be resolved in
connection with the preparation of its financial statements for the
quarter ended September 30, 1999, and the companion disclosures. The
Registrant presently expects to be able to file the Form 10-QSB as
contemplated by Rule 12D-25(b)(2).
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Conaly Bedell (330) 650-0444
(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
The Registrant was unable timely to file the Form 10-Q for its third
quarter ended December 31, 1998 but has timely made all other filings
required during the preceding 12 months.
(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.
ZAXIS INTERNATIONAL 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: November 16, 1999 By: /s/Conaly Bedell
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Conaly Bedell, President
Chief Executive Officer
