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WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(CHECK ONE): /X/Form 10-KSB / /Form 11-K / /Form 20-F
/ /Form 10-QSB / /Form N-SAR
For Period Ended: December 31, 1997
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NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS
VERIFIED ANY INFORMATION CONTAINED HEREIN.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION
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Full Name of Registrant
Neurocorp, Ltd.
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(Former Name if Applicable)
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Address of Principal Executive Office (Street and Number)
150 White Plains Road
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City, State and Zip Code
Tarrytown, New York 10591
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;
/X / (b) The subject annual report, semi-annual report, transition report
on Form 10-KSB, will be filed on or before the fifteenth 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-KSB could not be
filed within the prescribed time period.
Registrant is awaiting confirmations from signifcant customers.
The inability to file timely could not be eliminated by the
Registrant without unreasonable effort and expense in that until such
change has been completed, it cannot finalize its financial
statements.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Joseph Dio Guardi (914) 366-0212
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(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
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(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?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.
/X/ Yes / / No
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Preliminary indications are that the net loss for the year ended December
31, 1997 will be approximately $ 2,500,000, as compared to a net loss of
$1,649,675 for the fiscal year ended December 31, 1996.
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Neurocorp, Ltd.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated: March 27, 1998 By: S/ JOSEPH DIO GUARDI
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Joseph Dio Guardi-
CFO
