SEC File Number: 0-17776
CUSIP Number: 521784306
FORM 12b-25
U. S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
NOTIFICATION OF LATE FILING
(Check One)
[ ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[X] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: March 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
[ ] 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.
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates: N/A
Part I - Registrant Information
Full Name of Registrant: Leak-X Environmental Corporation
Former name if applicable: N/A
Address of Principal
Executive Office (Street and Number):
790 East Market Street, Suite 270
West Chester, PA 19382-4806
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-K or Form 10-KSB, Form 20-F, Form 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 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 if applicable.
Part III - Narrative
State below in reasonable detail the reasons why the Form 10-K or 10-KSB,
20-F, 11-K, 10-Q or 10-QSB, N-SAR or the transition report or portion thereof,
could not be filed within the prescribed time period.
The Registrant has primarily devoted its resources and the attention of
its personnel to the further development of its business and, accordingly, the
Registrant is not able to file its quarterly report on Form 10-QSB for the
quarter ended March 31, 1998 within the prescribed time period without
unreasonable effort and expense.
Part IV - Other Information
(1)Name and telephone number of person to contact in regard to this
notification:
Joyce A. Rizzo (610) 344-3380
(Name) (Area Code) (Telephone Number)
(2)Have all other periodic reports required under Section 13 of 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
earning 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.
LEAK-X ENVIRONMENTAL CORPORATION
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: May 15, 1998 /s/ Joyce A. Rizzo
Joyce A. Rizzo
Chief Executive Officer
