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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20548
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission file Number 0-22294
Cusip Number ____________
(Check One): [X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q and Form QSB [ ] Form N-SAR
For Period Ended: DECEMBER 31, 1998
[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: __________________________________________
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.
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
Full name of Registrant MEDWASTE, INC.
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Former Name if Applicable
_______________________________________________________________________________
Address of Principal Executive Office (Street and Number)
6175 NW 153rd STREET
______________________________________________________________________________
City, State and Zip Code: MIAMI LAKES, FL 33014
_______________________________________________________________________________
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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 appropriate box)
[ ] (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 Forms 10-K, 10-KSB, 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,
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
State below in reasonable detail the reasons why Form 10-K and Form
10-KSB, 20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or
portion thereof could not be filed within the prescribed period. (Attach Extra
Sheets if Needed)
Since calendar year end, there have been significant changes in the
Registrant's management and finance department, which has necessitated
additional work necessary to complete the audit for fiscal year ended
December 31, 1998.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
GEORGE MAS, VICE PRESIDENT/CHIEF FINANCIAL OFFICER (305) 819-8877
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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 reports(s) been filed? If the answer is
no, identify reports(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.
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The Registrant is filing for an extension because there have
been significant changes in Registrant's management and accounting
department. In connection therewith, the Registrant's management is
presently analyzing certain accounting policies affecting 1998 which
will require material restatements to previously filed quarterly
reports.
At this time, the outcome of such analysis is not complete,
so the Registrant is unable to quantify the amount of the restatement.
MED/WASTE, 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.
MED/WASTE, INC.
Date: 03-29-99 By: /s/ George Mas
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GEORGE MAS, VICE PRESIDENT
