SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number 0-16450
[ X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q and Form 10-QSB
For Period Ended: December 31, 1998
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Money Market Fund Rule 30b3-1 Filing
For the Transition Period Ended: N/A
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: N/A
<PAGE>
PART I. REGISTRANT INFORMATION.
The Registrant is Advatex Associates, Inc. (the "Company") and has an
address at 605 West 48th Street, New York, New York.
PART II. RULE 12B-25 (B) AND (C)
[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-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.
The Form 10-K for the fiscal year ended December 31, 1998 for the
Company could not be filed within the prescribed period because the Company was
unable to complete certain information key to filing a timely and accurate
report on the certain ownership, compensation and internal financial aspects of
the Company. Such inability could not have been eliminated by the Company
without unreasonable effort or expense.
PART IV. OTHER INFORMATION.
(1) Name and telephone number of person to contact in regard to this
notification:
David Feldman, Esq. (212) 869-7000
(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 to be included in the subject report or portion
thereof?
[ ] Yes [X] No
<PAGE>
Advatex Associates, Inc.
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: March 31, 1999 By: /s/ Joseph P. Donnolo
-------------------------------
Joseph P. Donnolo
Chairman and Chief Executive
Officer
By: /s/ Rohullah F. Lodin
-------------------------------
Rohullah F. Lodin
Chief Financial Officer and
Chief Accounting Officer
