UNITED STATES
SECURITIES AND EXCHANGE COMMISSION ------------------------
Washington, D.C. 20549 OMB APPROVAL
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FORM 12b-25 OMB Number: 3235-0058
NOTIFICATION OF LATE FILING Expires: May 31, 1997
Estimated average burden
hours per response..2.50
(Check One): [X] Form 10-K [ ] Form 11-K ------------------------
[ ] Form 20-F [ ] Form 10-Q ------------------------
[ ] Form N-SAR SEC FILE NUMBER
001-10459
For Period Ended: SEPTEMBER 30, 2000 ------------------------
[ ] Transition Report on Form 10-K ------------------------
[ ] Transition Report on Form 20-F CUSIP NUMBER
[ ] Transition Report on Form 11-K 372252-10-6
[ ] Transition Report on Form 10-Q ------------------------
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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Read Instruction (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.
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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:
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PART I -- REGISTRANT INFORMATION
Geneva Steel Company
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Full Name of Registrant
N/A
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Former Name if Applicable
10 South Geneva Road
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Address of Principal Executive Office (Street and Number)
Vineyard, Utah 84058
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City, State and Zip Code
PART II -- RULE 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;
|
| (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
[X] | thereof will be filed on or before the 15th 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.
<PAGE>
PART III
NARRATIVE
State below in reasonable detail why the Form 10-K, 11-K, 20-F 10-Q, N-SAR or
the transition report portion thereof could not be filed within the prescribed
time period. (Attach extra sheets if needed.)
The Registrant's reorganization plan, which includes a corporate
restructuring, has been approved by the bankruptcy court, but not yet
fully implemented. The implementation of this plan is currently
expected to occur within the extended filing period permitted by Rule
12b-25 and will affect the Registrant's responses to a number of the
required items of Form 10-K.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Dennis L. Wanlass (801) 227-9302
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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 report(s) been filed? If the 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?
[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 Attached
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<PAGE>
Geneva Steel Company
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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: December 29, 2000 By /s/ Dennis L. Wanlass
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Dennis L. Wanlass
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).
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 signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and
Exchange Commission, Washington, D.C. 20549, in accordance with Rule
0-3 of 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 amended notification.
5. Electronic Filers. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties.
Filers unable to submit a report within the time period prescribed due
to difficulties in electronic filing should comply with either Rule 201
or Rule 202 of Regulation S-T (ss.232.201 or ss.232.202 of this
chapter) or apply for an adjustment in filing date pursuant to Rule
13(b) of Regulation S-T (ss.232.13(b) of this chapter).
<PAGE>
ATTACHMENT TO FORM 12b-25
It is anticipated that net sales will increase from approximately $315
million in the year ended September 30, 1999, to approximately $564 million for
the year ended September 30, 2000, while the loss from operations and net loss
applicable to common shares will decrease from approximately $129 million and
$190 million, respectively, for the year ended September 30, 1999, to $9.9
million and $9.7 million, respectively, for the year ended September 30, 2000.
