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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check one)
_X_ Form 10-K ___ Form 20-F ___ Form 11-K ___ Form 10-Q ___ Form N-SAR
For Year Ended December 31, 1996
__ 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: _____________
Read Instructions (on back page) Before Preparing Form,
Please Print or Type.
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: PROJECTAVISION, INC.
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Address of Principal Executive Office (Street and Number):
TWO PENN PLAZA, SUITE 640, NEW YORK, NEW YORK 10121
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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-25b, 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 expenses;
(b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K, 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 portion thereof will be filed
on or before the fifth calendar day following the
prescribed due date; and
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(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, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
(Attach Extra Sheets if Needed)
The Company has not been able to compile the requisite financial data
necessary to enable the Company to have sufficient time to complete the
Company's financial statements by March 31, 1997, which is the required filing
date for the Company's annual report on Form 10-K, without unreasonable effort
and expense.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification:
Jules Zimmerman (212) 971-3000
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(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 reports) been
filed? If answer is no, identify report(s). _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.
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Projectavision, Inc.
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(Name of Registrant as Specified In Charter)
has caused this notification to be signed on its behalf by the
undersigned hereto duly authorized.
Dated: March 31, 1997 PROJECTAVISION, INC.
By: /s/ Jules Zimmerman
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Jules Zimmerman, Chief
Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representatives's authority
to sign on behalf of the registrant shall be filed with the form.
ATTENTION
Intention misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.
2. One conformed copy of this form and amendments thereto must be
completed and electronically filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with the general
rules and regulations under the Act. The information contained in or
filed with the form will be made a matter of public record in the
Commission files.
3. A manually signed copy of the form and amendments thereto shall be
filed with each national securities exchange on which any class of
securities of the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but
need not restate information that has been correctly furnished. The
form shall be clearly identified as an amendment notification.
