12b25frm.doc
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
33-25308-D
CUSIP NUMBER
64121 L 10 3
(x) Transition Report on Form 10-KSB
For the Transition Period Ended: September 30, 1996
PART I - REGISTRANT INFORMATION
Network Systems International, Inc.
200 North Elm Street
Greensboro, North Carolina 27401
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)
(a) The reasons described in reasonable
detail in Part III of this form could not be
eliminated without unreasonable effort or
expense;
(xx) (b) The subject annual report, semi-
annual report, transition report on Form 10-K,
11-K or Form N-SAR, or portions 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 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 Registrant has recently changed its
fiscal year end from December 31 to September
30. Because of the change in year end and it
being the first consolidated year end audit of
Registrant, certified public accountant's for
Registrant have been unable to complete the
Company's financials for the year end due to
the Company's inability to provide necessary
documentation for the audit without
unreasonable effort and expense. This fact is
confirmed by Registrant's certified public
accountant's, Pender Newkirk and Company, in an
attached letter. The Registrant and certified
public accountant's are confident that they can
complete the financial statements within the
additional time period allowed by the filing of
this Form 12b-25.
PART IV - OTHER INFORMATION
1. Name and telephone number of person to
contact in regard to this notification
William C. Ray (910) 271-8400 ext. 249
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 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 statements to
be included in the subject report or portion
thereof?
( ) Yes (X) No
Network Systems International, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on
its behalf by the undersigned hereunto duly
authorized.
Date: December 26, 1996
By: /s/William C. Ray
William C. Ray, Vice President
December 16, 1996
Securities and Exchange Commission
450 Fifth Street Northwest
Washington, D.C. 20549
Gentlemen:
We were retained by Network Systems
International, Inc. as independent certified
public accountants to report on financial
statements at September 30, 1996 and for the
periods ended September 30, 1996 and 1995. We
have endeavored, with the full cooperation of
the Registrant, to obtain the necessary
information to meet the filing requirements of
Form 10-KSB, both as to form and timeliness.
We are waiting on several material
confirmations required as part of our audit.
These confirmations are not expected to arrive
with sufficient time for us to complete our
audit procedures by December 30, 1996, which is
the required filing date for the Registrant's
Annual Report on Form 10-KSB.
Yours very truly,
/s/Pender Newkirk & Company
Pender Newkirk & Company
Certified Public Accountants
Tampa, Florida
Pender Newkirk & Company, Certified Public
Accountants
100 South Ashley Drive
Suite 1650
Tampa, Florida 33602
(813) 229-2321 Fax: (813) 229-2359
