UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SEC File Number: 1-13817
FORM 12b-25 CUSIP Number: 099469108
NOTIFICATION OF LATE FILING
(Check One):
( ) Form 10-K and Form 10-KSB ( ) Form 20-F (X) Form 10Q and Form 10-QSB
( ) Form N-SAR
For Period Ended: MARCH 31, 2000
( ) 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 the Transition Period Ended:
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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
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Full Name of Registrant: BOOTS & COOTS INTERNATIONAL WELL CONTROL, INC.
Former Name if Applicable: Not Applicable.
Address of Principal Executive Office (Street and Number):
777 POST OAK BOULEVARD, SUITE 800
City, State and Zip Code: HOUSTON, TEXAS 77056
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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-KSB, Form 20-F, 11K, 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 the Form 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 is applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR, or the transition report portion thereof, could
not be filed with the prescribed time period. (Attach Extra Sheets if Needed.)
The Registrant has not yet completed its Quarterly Report on Form 10-Q for
the quarter ended March 31, 2000, pending the completion of its Annual Report on
Form 10-K for the year ended December 31, 1999. The Registrant has been unable
to file its Annual Report on Form 10-K because the audit of the Registrant's
financial statements has not been completed, as explained in the Registrant's
filing on Form 12b-25 in connection therewith. The audit of the Registrant's
year end financial statements has commenced and the Registrant will file its
Form 10-Q for the March 31, 2000, quarter after the audit is complete and it has
filed its Form 10-K for the year ended December 31, 1999.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Larry Ramming (713) 621-7911
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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 reports) been filed? If answer is no
identify report(s).
YES _____ NO X
The Registrant has not yet filed its annual report on Form 10-K for the year
ended December 31, 1999.
(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.
Results for the quarter ended March 31, 2000, will not be completed until the
audit of the Registrant's results for the year ended December 31, 1999, is
completed. As mentioned in its Form 12b-25 in connection with the delay in
filing its annual report on Form 10-K, the Registrant anticipates reporting a
significant increase in losses in comparison to its fiscal year ended December
31, 1998, due to the effect of decreased activity in the exploration and
production business sectors during this period, as well as losses due to the
classification of its ITS subsidiary as a discontinued operation effective
December 31, 1999. The Registrant is unable to make a reasonable estimate of
its results of operations for the quarter ended March 31, 2000, as its efforts
to date have focused on the completion of the audit of its results of operations
for the year ended December 31, 1999.
BOOTS & COOTS INTERNATIONAL WELL CONTROL, INC
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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.
Date: MAY 16, 2000 By: /S/ LARRY H. RAMMING
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CHIEF EXECUTIVE OFFICER
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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 the executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
<PAGE>
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ATTENTION
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).l
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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 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.