US SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER:1-11968
CUSIP NUMBER:786 36 P 102
(Check One)
[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q and From 10-QSB [ ] From N-SAR
For Period Ended:___December 31, 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 Transition Period Ended:_________________________________________
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Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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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:____________________
___________________________________________________________________________
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Part I - Registrant Information
Full name of Registrant
Saf T Lok Incorporated
Former Name if Applicable
__________________________________________________
1101 Northpoint Parkway
West Palm Beach, FL 33407
(Address of Principal Executive Office)
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Part II - Rules 12b-25(b) and (c)
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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 on Form 10-KSB 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.
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Part III - Narrative
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State below in reasonable detail the reasons why Form 10-KSB or portion
thereof could not be filed within the prescribed period.
As of the date of this filing, the Company has been unable to have its
auditors complete their work and produce an audited financial statement.
The Board of Directors has therefore been unable to review the filing.
Consequently, the Company is unable at this time to file the 10-KSB.
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Part IV - Other Information
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(1) Name and telephone number of person to contact in regard to this
notification:
Franklin W. Brooks (561) 478-5625
(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
for 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, if appropriate, state the reasons why a reasonable estimate of the
results cannot be made.
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Saf T Lok Incorporated
(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, 1999 By: /s/ William M. Schmidt
---------------------------------
William M. Schmidt
Chief Financial Officer
Exhibit A
(Letterhead of Goldberg & Co goes here)
March 26, 1999
Mr. William Schmidt, Chief Financial Officer
Saf T Lok Incorporated
1101 Northpoint Blvd.
West Palm Beach, FL 33407
Re: 1998 AUDITED FINANCIAL STATEMENT
Dear Bill:
Pursuant to our recent conversation, please be advised that the 1998
Audited Financial Statement for Saf T Lok Incorporated will not be issued
until after the initial SEC filing deadline of March 31, 1999. As you are
aware there are many complex accounting and disclosure issues which will
require additional careful attention before its release.
Thank you for your continuing cooperation with the respect to the infor-
mation necessary to complete our work.
Very truly yours,
GOLDBERG & COMPANY, P.A.
By: /s/ Louise B. Goldberg
Louise B. Goldberg, C.P.A.
