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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
______________________________
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K
[ X ] Form 10-Q [ ] Form N-SAR
For Period Ended: March 31, 1997 SEC File Number 0-18048
[ ] Transition Report on Form 10-K CUSIP Number 783942 10 5
[ ] 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:
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PART I - REGISTRANT INFORMATION
SA TELECOMMUNICATIONS, INC.
(Full Name of Registrant)
1600 Promenade Center, 15th Floor
(Address of Principal Executive Office)
Richardson, Texas 75080
(City and State) (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.)
(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 quarterly report on Form 10-QSB 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.
<PAGE>
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PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-QSB
could not be filed within the prescribed time period.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification:
J. DAVID DARNELL (972) 690-5888
(Name) (Area Code) (Telephone Number)
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(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 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 IV(3)
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SA TELECOMMUNICATIONS, 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: May 15, 1997 /s/ J. David Darnell
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By: J. David Darnell, Vice
President-Finance and Chief
Financial Officer
ATTENTION
Intentional misstatements or omissions constitute Federal Criminal
Violations (see 18 U.S.C. 1001).
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ATTACHMENT III
TO
NOTIFICATION OF LATE FILING
OF FORM 10-QSB
FOR FISCAL QUARTER ENDED MARCH 31, 1997
The Registrant was unable to timely file its Quarterly Report
on Form 10-QSB for its fiscal quarter ended March 31, 1997 because
the Registrant discovered on or about May 2, 1997 what it
currently believes to be a programming error related to the billing
software resulting in potentially significant unbilled and unbillable
telecommunications services revenues during the course of the quarter
then ended. The Registrant believes it is critical to the integrity
of its Financial Statements to further investigate the source and magnitude
of this matter prior to the submission of its Quarterly Report.
Due to the fact that the perceived programming error did not come
to the attention of management of the Company until May 2, 1997, the
Registrant represents that it could not have eliminated the reason
causing the delay without unreasonable effort or expense.
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ATTACHMENT IV(3)
TO
NOTIFICATION OF LATE FILING
OF FORM 10-QSB
FOR FISCAL QUARTER ENDED MARCH 31, 1997
The Registrant is currently investigating the possibility of
a potentially significant programming error related to billing
software discovered May 2, 1997 which condition management of the
Registrant currently believes to have existed through all or a
significant portion of the quarter ended March 31, 1997. Based on
current information and belief, management expects that the
Registrant will report a net loss for the quarter ended March 31, 1997
of approximately $3,333,000 as compared to a net loss for the quarter
ended March 31, 1996 of $432,130. In addition, the Registrant is
expected to report a net loss per share of $.21 for the three
months ended March 31, 1997 as compared to a net loss of $.03 per
share for the corresponding period last fiscal year.
