UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
COMMISSION FILE NUMBER: 0-21006
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, 1999
[] 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:_______________
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: Infu-Tech, Inc.
Former Name if Applicable:
Address of Principal Executive Office (Street and Number): 910 Sylvan Avenue
City, State and Zip Code: Englewood Cliffs, N.J. 07632
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 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 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.
The registrant has operated without a chief financial officer for several
months. The newly appointed chief financial officer is in the process of
assuming that position. The absence of a chief financial officer and desire
of the new chief financial officer to review the Form 10-K financial
information has delayed completion of the Form 10-K.
<PAGE>
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Jack Rosen 201 567-4600
(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 answer is no identify reports(s). |X| Yes |_| No
---------------------------------------------------------------------------
(3) It is anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be
reflected by the earning statements to be included in the subject
report or portion thereof? |X| Yes |_| No
The registrant expects to report a loss for the year ended June 30,
1999 of approximately $175,000, compared with net income of $196,000
in the prior year. The change from the prior year resulted primarily
from reductions of revenues and increases in costs of medical and
nutritional products of slightly more than $1,000,000 each, partly
offset by an approximately $950,000 reduction in personnel costs,
an approximately $600,000 reduction in selling, general and
administrative costs, a reduction of approximately $70,000 in
depreciation and amortization and an increase of approximately
$190,000 in net other income.
---------------------------------------------------------------------------
2
<PAGE>
INFU-TECH, 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 28, 1999 By: /s/ Jack Rosen
----------------------------------------- ------------------------
Jack Rosen
Chairman of the Board
3
