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Number: 33-9030
CUSIP Number: 559376108
FORM 12b-25
US SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
NOTIFICATION OF LATE FILING
(Check One)
(X) Form 10-K ( ) Form 11-K ( ) Form 20-F ( ) Form 10-Q
( ) Form N-SAR For Period Ended: December 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
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Nothing in this Form shall be construed to imply that the Commission
has verified any information contained herein.
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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
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Full Name of Registrant: Vidikron Technologies Group, Inc.
Former Name of Registrant: Projectavision, Inc.
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Address of Principal
Executive Officer (Street and Number): One Evertrust Plaza
Jersey City, NJ 07302
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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)
(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, 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 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, 20-F,
11-K, 10-Q, N-SAR or the transition report or portion thereof, could
not be filed within the prescribed time period.
As of this date the Company has not been able to complete its audited financial
statements because it has not finalized the audit of the Italian-based entity
that the Company acquired in December of 1998. The Company has been informed
that the statement will be completed within the next few days and the Company
intends to file the subject Form 10-K on or before the fifteenth calendar day
following the prescribed due date.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification:
Martin J. Holleran (201) 938-0099
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 12 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
If so: attach an explanation of the explanation of the anticipated
change, both narratively and quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of the results can not be made.
VIDIKRON TECHNOLOGIES GROUP, 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
thereunto duly authorized.
Date: March 30, 1999 /S/
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Martin J. Holleran
President and
Chief Executive Officer
