UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
(NT 10-QSB)
Commission File Number: 0-20101
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NOTIFICATION OF LATE FILING
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(Check One): [ ] Form 10-KSB [ ] Form 11-K [ ] Form 20-F [X] Form 10-QSB
For Quarter Ended: MARCH 31, 1999
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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:
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Part I. Registrant Information
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Full name of registrant: URECOATS INDUSTRIES INC.
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Address of principal executive office (Street and number):
POWERLINE BUSINESS PARK, 4100 NORTH POWERLINE ROAD, SUITE F-1
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City, State and Zip code: POMPANO BEACH, FLORIDA 33073
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Part II. Rule 12b-25 (b) and (c)
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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 appropriate box.)
[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
on Form 10-K, 20-F, 11-K of Form N-SAR, or portion 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-QSB, 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
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State below in reasonable detail the reasons why Form 10-KSB, 11-K, 20-F,
10-QSB, N-SAR or the transition report portion thereof could not be filed
within the prescribed time period.
The registrant underwent a restructuring in February 1999, which necessitated,
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among other things, certain management changes. The registrant has recently
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reorganized existing and hired new management and other personnel to handle
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various responsibilities, which has delayed coordination of information
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necessary to file the requisite form in the specified timeframe.
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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:
Larry T. Clemons (954) 977-5428
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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 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.
URECOATS INDUSTRIES 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: May 14, 1999 By: /s/ Larry T. Clemons
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Name: Larry T. Clemons
Title: President
