NT 10-Q, 1999-11-16
Previous: DIGITAL LINK CORP, SC 13E3/A, 1999-11-16

                                  UNITED STATES
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

(Check One):
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 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  Instruction (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:


  Kimmins Corp.
Full Name of Registrant

Former Name if Applicable

  1501 Second Avenue, East
Address of Principal Executive Office (Street and Number)

  Tampa, FL   33605
City, State and Zip Code

PART II--RULES 12b-25(b) AND (c) (Official Text)

If the subject  report could not be filed without  reasonable  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 reasonable 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;  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.



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. (Attach extra sheets if needed)

The financial  statements of Kimmins Corp. ("KVN") as of September 30, 1999, are
still in the  process of being  finalized.  We are  requesting  additional  time
through this  "Notification  of Late Filing" to be able to accumulate and report
accurate financial information.


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

- --------------------------------------------------------------------------------

  Norman S. Dominiak               (813)                         248-3878
        (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 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 statement 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 quantitatively,  and if appropriate, state the reasons why a reasonable
     estimate of the results cannot be made.

     It is anticipated that any significant changes in the results of operations
     for the Registrant's quarter ended September 30, 1999, as compared to prior
     year's  results,  will be  reflected  in the  financial  statements  of the
     Registrant. (See attached explanation).

                                  Kimmins Corp.
                  (Name of Registrant as Specified in Charter)

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

Date:  November 16, 1999               By: /s/ NORMAN S. DOMINIAK
       ---------------                     -----------------------
                                           Norman S. Dominiak, Vice President

INSTRUCTION:  This 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.


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


Attachment to Part IV, Item 3

                                9 Months Ended        9 Months Ended
                                   9/30/99                9/30/98
- ---------------------------- --------------------- ----------------------

Gross Receipts               $   50,400,000          $    57,293,904

Outside Services                 (5,600,000)             (10,177,626)
                             -----------------       -----------------

Net Revenue                      44,800,000               47,116,278

Cost of Revenue                  38,900,000               49,238,583
                             -----------------       -----------------

Gross Profit                      5,900,000               (2,122,305)

Sell, Gen & Adm                   5,300,000                6,705,690
                             -----------------       -----------------

Operating Income                    600,000               (8,827,995)

Minority Interest                  (100,000)              (3,283,670)

Non-oper Gain/(Loss)              2,100,000                      ---

Interest Expense                 (3,500,000)              (4,646,559)
                             -----------------       -----------------

Income Before Taxes                (900,000)             (16,758,224)

Provision for Taxes                 350,000                6,797,268
                             -----------------       -----------------

Income from continuing
  operations                       (550,000)              (9,960,956)

Income from discontinued
  operations                             -0-              19,741,538
                             -----------------       -----------------

Net Income/(Loss)            $     (550,000)         $     9,780,582
                             =================       =================

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