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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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: March 31, 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:
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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
Reconditioned Systems, Inc.
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Full Name of Registrant
Not Applicable
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Former Name if Applicable
444 West Fairmount
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Address of Principal Executive Office (Street and Number)
Tempe, Arizona 85282
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City, State and Zip Code
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, 11-K, 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 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.
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PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 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 filed with the Commission a preliminary proxy statement and
form of proxy for the Annual Meeting of its Stockholders. The preliminary
proxy statement contains six proposals including a proposal to amend the
Company's Articles of Incorporation to provide for the automatic conversion of
each outstanding share of the Registrant's Series A Convertible Preferred
Stock, together with any and all accrued but unpaid dividends through the
conversion date, into 13 shares of the Registrant's Common Stock. Because of
the inclusion of this proposal in the proxy statement, the Registrant was
required to include its consolidated financial statements and management's
discussion and analysis of financial condition and results of operations in the
proxy statement as well as in its 10-KSB filing. As such, the Registrant
wishes to avoid any possible discrepancies between its proxy statement and its
10-KSB filing by extending its 10-KSB filing date to July 15, 1996 so that it
has time to clear the Commissions comments on its proxy statement prior to
filing its 10-KSB.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Dirk Anderson (602) 968-1772
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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), 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 statement 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, if appropriate, state the reasons why a reasonable estimate of the
results cannot be made.
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Reconditioned Systems, 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
hereunto duly authorized.
Date: June 27, 1996 By: /s/ Dirk Anderson
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Dirk Anderson
