UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B - 25
NOTIFICATION OF LATE FILING
(CHECK ONE):
<square> Form 10-K <square> Form 20-F <square> Form 11-K <checked-box>
Form 10-Q <square> Form N-SAR
For Period Ended: June 30, 1997
<square> Transition Report on Form 10-K
<square> Transition Report on Form 20-F
<square> Transition Report on Form 11-K
<square> Transition Report on Form 10-Q
<square> Transition Report on Form N-SAR
For the Transition Period Ended: __________________________
Read the attached instruction sheet 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.
If the notification relates to a portion of the filing check above, identify
the Item(s) to which the notification relates:
PART I -- REGISTRANT INFORMATION
DBS Industries, Inc.
Full Name of Registrant
Former Name if Applicable
100 Shoreline Highway, Suite 190A
Address of Principal Executive Office (STREET AND NUMBER)
Mill Valley, CA 94941
City, State and Zip Code
<PAGE>
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) [paragraph 23,
047], the following should be completed. (Check box if appropriate.)
<checked-box> (a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable effort
expense;
<checked-box> (b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-K, Form 11-K, Form N-SAR or a 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 a portion thereof will be filed
on or before the fifth calendar day following the prescribed due
date; and
<square> (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 Form 10-K, 11-K, 20-F, 10-Q,
N-SAR, transition report or a portion thereof could not be filed within the
prescribed time period. (Attach extra sheets if needed.)
More time is required to complete the Company's second quarter financial
statements.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
DANIEL B. ENG
(916) 442-0400 (Name) (Area Code and 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 report(s) been filed? If the
answer is no, identify report(s).
<checked-box> Yes <square> No
<PAGE>
(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?
<square> Yes <checked-box> 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.
DBS INDUSTRIES, INC.
(Name of Registrant as specified in its charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
FRED THOMPSON
Date: August 14, 1997 By: _______________________________________
Fred Thompson, CEO
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
representative's authority to sign on behalf of the registrant shall be filed
with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (see 18 U.S.C. 1001).
