ASSOCIATED TECHNOLOGIES
NT 10-K, 1997-03-31
BLANK CHECKS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 12b-25

                       Commission File Number 33-55254-45

                           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:  December 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:



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            Associated Technologies

  Former Name if Applicable

           1204 Third Avenue, Suite 172
  Address of Principal Executive Office (Street and Number)

           New York, New York 10021
  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;

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[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

[X]  (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,  20-F,  11-K,
10-Q,  N-SAR,  or the  transition  report or portion  thereof  could not be file
within the prescribed period.

     Registrant had a change in control. Auditor started late on the audit.

                           Part IV - Other Information

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

    Alan James Gallagher      011 61 2                9241-4576 (Australia)
           (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?

                  Loss will be about $1.1 million.
                                                            [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.

                  Associated Technologies
          (Name of Registrant as specified in charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.


Date     March 31, 1997        By       /s/ Alan James Gallagher
                                     Alan James Gallagher, President




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