United States
Securities and Exchange Commission
Washington, D.C. 20549
SEC FILE NUMBER
1-11046
FORM 12b-25
CUSIP NUMBER
890530 10 8
NOTIFICATION OF LATE FILING
(Check One) XX Form 10-K Form 20-F Form 11-K Form 10-Q Form N-SAR
For Period Ended: September 30, 1995
( ) 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 Instructions (on back page) 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 1 -REGISTRANT INFORMATION
TOP SOURCE TECHNOLOGIES, INC.
Full Name of Registrant
TOP SOURCE, INC.
Former Name if Applicable
2000 PGA BLVD., SUITE 3200
Address of Principal Executive Office (Street and Number)
Palm Beach Gardens, Florida 33408
City, State and Zip Code
PART 11 - 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 prescribed due date;
xx 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(c)
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.
SEC 1344 (11-91)
The Registrant cannot file its report on Form 10-K for the year ended
September 30, 1995 before the statutory due date of December 29, 1995
without causing undue hardship and expense, because of disclosure issues
being assessed by the Registrant and its SEC attorneys. These disclosure
issues, which have no impact on the Company's financial statements, relate to
franchise matters including the progress of the Registrant's possible sale
of a master franchise for its On-Site Oil Analyzer. The Registrant hopes
that by January 13, 1996 there may be additional material facts it can
disclose concerning franchise matters.
The Registrant intends to issue a press release on December 22, 1995 reporting
its audited results of operations for the year ended September 30, 1995.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
David Natan (407) 775-5756
(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).
Yes xx 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 xx No
TOP SOURCE TECHNOLOGIES, INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
/s/ David Natan
Date: December 22, 1995 David Natan, Chief Financial 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.
