U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check one)
[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ]
Form 10-Q and
Form 10-QSB [ ] Form N-SAR
For Period Ended: December 31, 1995
[ ] 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: N/A
Nothing in this form shall be construed to imply that
the Commission has verified any information contained
herein.
PART I--REGISTRANT INFORMATION
Full Name of Registrant: AmeriConnect, Inc.
Former Name if Applicable: Amerifax, Inc.
6750 West 93rd Street, Suite 110
Address of Principal Executive Office (Street and Number)
Overland Park, KS 66212
City, State and Zip Code
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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.
[x] (b) The subject annual report on Form 10-KSB will be filed
on or before the fifteenth calendar day following the prescribed
due date.
(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-KSB cannot be filed within the prescribed period
without unreasonable effort or expense because the registrant is
currently awaiting additional information from third parties in
order to complete its financial statements as of and for the year
ended December 31, 1995. This information is integral to the
completion of the financial statements and cannot be obtained
timely without unreasonable effort and expense to the registrant.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in
regard to this notification
Robert R. Kaemmer 913 341-8888
(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?
[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 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.
See Attachment A
AmeriConnect, 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: March 29, 1996 By: /s/ Robert R. Kaemmer
Name: Robert R. Kaemmer
Title: President and Director
ATTENTION
Intentional misstatements or omissions of fact
constitute Federal Criminal Violations (See 18 U.S.C. 1001).
<PAGE>
ATTACHMENT A
The Company anticipates a net loss of approximately
$1,600,000 for the fiscal year ended December 31, 1995 compared
to a net income of $421,580 for the fiscal year ended December
31, 1994. The expected net loss for the fiscal year ended
December 31, 1995 is due in part to one time charges, including
(i) approximately $400,000 that the Company has recorded as an
allowance for bad debt on notes receivable and related accounts
receivable due from a specific agent whose commissions will not
be sufficient to cover these amounts, (ii) a valuation allowance
of approximately $500,000 that the Company established to reduce
the deferred tax asset to the amount that will more likely than
not be realized and (iii) approximately $200,000 in previously
recorded credits initially believed to have been due from one of
the Company's telecommunications providers that were subsequently
determined to be uncollectible and were written off. However, since
the audit is not complete, the net loss referred to above is tentative.
