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) Report on Form 10-KSB
For the Period Ended: September 30, 1997
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
Registrant's Accountant's did not complete final audit until after the
filing deadline on December 29, 1997. The Audit is now complete and
Registrant's 10-KSB will be filed immediately preceding the submission
of this Form 12b25. This fact is confirmed by Registrant's certified
public accountant's, Pender Newkirk and Company, in an attached
letter.
PART IV - OTHER INFORMATION
1. Name and telephone number of person to contact in regard to this
notification
William C. Ray (336) 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 30, 1997
By: /s/William C. Ray
William C. Ray, Vice President
December 30, 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, 1997 and for the year ended September 30, 1997. 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. Due to the holiday season, we have
been unable to complete our quality control procedures on the
Registrant's financial statements as required by our firm's policies.
We were in the process of reviewing the statements, but did not
complete our procedures by December 29, 1997, which is the required
filing date for the Registrant's Annual Report on Form 10-KSB. Our
quality control procedures were completed on December 30, 1997.
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
