UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
(Check One): /X/Form 10-K / /Form 20-F / /Form 11-K / /Form 10-Q / /Form N-SAR
For Period Ended: March 31, 2000
----------------
/ / 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 ON 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
_____________________________________________________________________________
Full Name of Registrant
NATIONAL MANUFACTURING TECHNOLOGIES, INC
_____________________________________________________________________________
Former Name of Applicable
PHOTOMATRIX, INC.
_____________________________________________________________________________
Address of Principal Executive Office (Street and Number)
1958 KELLOGG AVENUE
_____________________________________________________________________________
City, State and Zip Code
CARLSBAD, CA 92008
_____________________________________________________________________________
<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 defined in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense.
/X/ (b)The subject matter report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K or 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 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.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Form 10-KSB for the fiscal year ended March 31, 2000, could not be filed
within the prescribed time period without unreasonable effort or expense as a
result of a combination of a change in accountants and the delay in filing of
the Form 10-QSB for the quarter ended December 31, 1999.
As noted in the National Manufacturing Technologies, Inc., Form 8-K dated March
24, 2000, Levitz, Zacks and Ciceric replaced BDO Seidman LLP as the Company's
principal accountant. The Company's fiscal year ended on March 31, 2000 and the
new independent accountant was retained on March 17, 2000.
The Form 10-QSB for the quarter ended December 31, 1999 was filed on March 23,
2000, causing a delay in the closing and preparation of the financial results
for the fiscal year ended March 31, 2000.
Part IV -- Other Information
(1) Name and telephone number of person to contact in regard to this
notification
Patrick W. Moore (760) 431-4999
------------------ ------------------------------------------------
(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 form
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?
/ 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.
Although the audit is not completed in that our books and records do not yet
reflect all year-end adjustments, we anticipate that National Manufacturing
Technologies, Inc., will report revenues from continuing operations for the year
ended March 31, 2000 of $9.7 million, as compared to revenues from continuing
operation for the year ended March 31, 1999 of $5.0 million. It is anticipated
that National Manufacturing Technologies, Inc., will report a net loss from
continuing operations of $ 2.4 million and a net loss including discontinued
operations of $1.6 million for the year ended March 31, 2000, as compared to a
net loss from continuing operations of $2.7 million and a net loss including
discontinued operations of $4.4 million for the year ended March 31, 1999.
National Manufacturing Technologies, 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: June 30, 2000 By Patrick W. Moore
--------------- --------------------
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.
_______________________________________________________________________
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
_______________________________________________________________________
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240, 12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General
Rules and Regulations under the Act. The information contained in or filed with
the Form will be made a matter of the public record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of the
registrant is registered.
4. Amendments to the notifications must also be filed on Form 12b-25 but
need not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.
5. Electronic Filers. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties. Filers
unable to submit a report within the time period prescribed due to difficulties
in electronic filing should comply with either Rule 201 or Rule 202 of
Regulation S-T ( 232.13(b) of this chapter).
