Form 12b-25
COMMISSION FILE NUMBER
0-18275
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20459
FORM 12B-25
NOTIFICATION OF LATE FILING
(Check One):
[X]Form 10-K and 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q and 10-QSB
[ ] Form N-SAR
For Period Ended: July 31, 2000
[ ] 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:
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Read 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.
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If the notification related 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
(Full name of Registrant)
...........................ITEX Corporation...........................
(Address of Principal Executive Office)
...........................3400 Cottage Way...........................
(City State Zip)
......................Sacramento, California 95825....................
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<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), 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 annual report, semi-annual report, transition report on
Form 10.K, Form 10-KSB, Form 20-F, 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 Form 10-QSB, or portion thereof will be filed on or before
the fifth calendar day following the prescribe due date; and
(c) The accountant's statement or other exhibit required by Rule 12b.25(c)
has been attached if applicable.
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Part III. Narrative
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State below in reasonable detail the reasons why Form 10-K and 10-KSB, 20-F,
11-K, 10-Q and 10-QSB, N-SAR or the transition report or portion thereof could
not be filed within the prescribed time period.
Registrant electronically filed its Annual Report on Form 10K for the year ended
July 31, 2000 on October 30, 2000 by direct transmission. However, Registrant
was unable due to the need to complete and properly format its filing, to
commence transmission of its filing prior to 5:30 p.m. Eastern Standard Time,
and accordingly Registrant was notified of receipt of its filing for October 31,
2000.
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Part IV. Other Information
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(1) Name and telephone number of person to contact in regard to this
notification
Robert Harris 916 679-1111
(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).
[ ] Yes [X] No
10-Q for period ended November 20, 1999
10-Q for period ended February 12, 2000
10-Q for period ended May 7, 2000
<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?
[ ] Yes [X] 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.
ITEX CORPORATION
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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 October 31, 2000 By /s/Collins M. Christensen
President and Chief Executive 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 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).
