SAZTEC INTERNATIONAL INC
NT 10-Q, 2000-02-15
COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12B-25
                           NOTIFICATION OF LATE FILING


         COMMISSION FILE NUMBER:    0-25896

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

                  For Period Ended:  DECEMBER 31, 1999

                  [  ] Transition Report on Form 10-K and Form 10-KSB

                  [  ] Transition Report on Form 20-F

                  [  ] Transition Report on Form 11-K

                  [  ] Transition Report on Form 10-Q and Form 10-QSB

                  [  ] Transition Report on Form N-SAR

                  For 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

         Full Name of Registrant:   SAZTEC INTERNATIONAL INC.

         Former Name if Applicable:

         Address of Principal Executive Office (STREET AND NUMBER):
         43 Manning Road

         City, State and Zip Code:   Billerica, MA 01821


<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)

         [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, 10-KSB, 20-F,
                           11-K or 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, 10-QSB, 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, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof
could not be filed within the prescribed period. (Attach extra sheets if
needed.)

Delay in getting documents together due to change in accounting personel.


                                     PART IV
                                OTHER INFORMATION

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

             Paul F. Parshley       (978)          901-9612
             ---------------------------------------------------
             (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

         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.



<PAGE>
                            5TH AVENUE CHANNEL CORP.
                  (Name of Registrant as Specified in Charter)

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

         Date:  02/14/00          By: /s/ Paul F. Parshley
                                  ----------------------------------------------
                                  Name: Paul F. Parshley
                                  Title: Vice President Finance & Administration




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