MERIS LABORATORIES INC
NT 10-Q, 1996-08-14
MEDICAL LABORATORIES
Previous: VIDEO LOTTERY TECHNOLOGIES INC/DE, 10-Q, 1996-08-14
Next: SARASOTA BANCORPORATION INC / FL, 10QSB, 1996-08-14




                                                   -----------------------------
           UNITED STATES                           OMB APPROVAL
  SECURITIES AND EXCHANGE COMMISSION               -----------------------------
       Washington, D.C. 20549                      OMB Number:      3235-0058
                                                   Expires:       May 31, 1997
                                                   Estimated average burden
             FORM 12b-25                           hours per response ..... 2.50
                                                   -----------------------------
        NOTIFICATION OF LATE FILING                SEC FILE NUMBER
                                                   -----------------------------
                                                   CUSIP NUMBER
                                                   -----------------------------
(Check One):

|_| Form 10-K |_| Form 20-F |_| Form 11-K |X| 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:
                                      ---------------------------

     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

                           MERIS LABORATORIES, INC.
- --------------------------------------------------------------------------------
Full Name of Registrant
                                    N/A
- --------------------------------------------------------------------------------
Former Name if Applicable
                                2890 ZANKER ROAD
- --------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
                           SAN JOSE, CALIFORNIA 95134
- --------------------------------------------------------------------------------
City, State and Zip Code



                                       1
<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)

  |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 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 calendar day
        |     following the prescribed due date; and 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(c) has been attached if applicable.


                             PART III -- NARRATIVE

     State below in reasonable  detail the reasons why Forms 10-K,  20-F,  11-K,
10-Q,  N-SAR, or the transition  report or portion  thereof,  could not be filed
within the prescribed time period. (Attach Extra Sheets if Needed)


     The  Registrant  has not been able to finalize  its  financial  statements,
including  matters  pending  with  respect to the  Company's  line of credit and
debenture  agreements,  related  to the  Quarterly  Report  on Form 10-Q for the
period ended June 30, 1996 within the required due date.




                           PART IV--OTHER INFORMATION


(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
     notification

     Thurman Jordan            408                           434-9200 ext.3722
     ---------------------------------------------------------------------------
     (Name)                 (Area Code)                     (Telephone Number)






                                       2
<PAGE>




(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 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 Exhibit A)

================================================================================

                            Meris Laboratories, 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:  August 14, 1996                By:    /s/ Thurman Jordan
     --------------------                 -----------------------------
                                          Thurman Jordan
                                          Senior Vice President - Finance
                                          (Duly authorized Officer and Principal
                                          Financial and Accounting 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).


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



                                        3                                       
<PAGE>


                    
                                    EXHIBIT A

                         FOR PART IV - OTHER INFORMATION (3)


     The  Registrant  believes  its  continuing  losses  result  from  increased
competition  in the  clinical  laboratory  industry,  decreased  testing  volume
levels,  further reductions in reimbursement rates including reductions effected
by Medicare, billing and accounts receivable issues, and on-going litigation.

     The Registrant  expects to report net losses of approximately  $4.9 million
and $6.0  million  for the three  and six month  periods  ended  June 30,  1996,
respectively, as compared to $3.7 million and $3.3 million for the three and six
month period ended June 30, 1995,  respectively.  The  Registrant is not able to
file its  Quarterly  Report on Form 10-Q for the period  ended June 30,  1996 on
August 14,  1996 and  anticipates  to file such  Report on or before  August 19,
1996.


     
     




























                                        4


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission