TOPRO INC
NT 10-K, 1996-09-30
ELECTRICAL INDUSTRIAL APPARATUS
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<PAGE>   1
                                 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 PERIOD ENDED:  June 30, 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 Instruction (on back page) Before Preparing Form. Please Print of 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 checked above,
identify the Item(s) to which the notification relates:

- ------------------------------------------------------------------------------

PART I - REGISTRANT INFORMATION

Topro, Inc.
- ------------------------------------------------------------------------------
Full Name of Registrant


- ------------------------------------------------------------------------------
Former Name if Applicable

2525 West Evans Ave
- ------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)

Denver, CO 80219
- ------------------------------------------------------------------------------
City, State and Zip Code

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; and 

[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 of 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(b) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable detail the reasons why the Form 10-K, Form 20-F, Form
11-K, Form 10-Q, Form N-SAR, or the transition report or portion thereof, could
not be filed within the prescribed time period. (ATTACH EXTRA SHEETS IF
NEEDED.)

        Audit cannot be completed by the required date without unreasonable 
effort and costs.  
<PAGE>   2
PART IV -- OTHER INFORMATION

        Name and telephone number of person to contact in regard to this
notification: 

       John Jenkins                 303                   935-1221
   --------------------         -----------          ------------------
          (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?

        [ ]     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.

                                  Topro, Inc.
                  --------------------------------------------
                  (Name of Registrant as specified in charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized,

Date:         September 25, 1996               By: /s/ John Jenkins
     ------------------------------------         ----------------------------

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

        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.

        1.      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.

        2.      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.

        3.      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.
<PAGE>   3
Hein + Associates LLP
717 17th Street, Suite 1600
Denver, CO 80202-3330

        September 19, 1996

        Securities and Exchange Commission
        Washington, D.C. 20549

                RE: Topro, Inc.

        Gentlemen:

        We confirm that the audit of Topro, Inc. is not yet completed and
        cannot be completed by the required filing date September 30, 1996 
        without unreasonable cost and effort.


        Sincerely,


        /s/  Hein + Associates LLP
        Hein + Associates LLP


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