Form 12b-25
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20459
FORM 12B-25
NOTIFICATION OF LATE FILING
(Check One):
[X]Form 10-K and 10-KSB [ ]Form 20-F [ ]Form 11-K [ ]Form 10-QSB [ ]Form N-SAR
For Period Ended: December 27, 1998
[ ] 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 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 related to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
Part I-Registrant Information
MEDIX RESOURCES, INC.
(Full name of Registrant)
- -------------------------------------
7100 E BELLEVIEW AVENUE, SUITE 301
(Address of Principal Executive Office)
- -------------------------------------
ENGLEWOOD, COLORADO 80111
(City State Zip)
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 10-KSB, 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 Form 10-QSB, or portion thereof will
be filed on or before the fifth calendar day following the prescribed
due date; and
X (c) The accountant's statement or other exhibit required by Rule 12b.25(c)
has been attached if applicable.
<PAGE>
Part III. Narrative
State below in reasonable detail the reasons why Form 10-K and 10-KSB, 20-F,
11-K, 10-Q and 10-QSB, N-SAR or the transition report or portion thereof could
not be filed within the prescribed time period.
The audit fee for the prior year was unpaid until March 24, 1999 which
prohibited the independent auditors' from beginning their audit in time
sufficient to issue their opinion within 90 days of the current fiscal
year end.
Part IV. Other Information
(1) Name and telephone number of person to contact in regard to this
notification
John P. Yeros (303) 741-2045
(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 [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.
MEDIX RESOURCES, INC.
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date March 29, 1999 /s/ John P. Yeros, Chairman and Chief Executive 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).
March 29, 1999
U.S. Securities and Exchange Commission
Washington DC 20549
Dear Sir/Madam:
I have read Form 12b-25 for Medix Resources, Inc. for a 15 day extension on its
Form 10-KSB for the year ended December 27, 1998, and I concur with the Part III
narrative.
Sincerely,
/s/ Dave Steiner, Principal
Dave Steiner, Principal
Ehrhardt Keefe Steiner & Hottman PC
DJS/acf
Enclosures
