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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(CHECK ONE)[]Form 10-KSB []Form 11-K [X]Form 10-QSB [] Form N-SAR
For Period Ended: March 31, 2000
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[ ] 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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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.
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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:
n/a
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PART I - REGISTRANT INFORMATION
SAF T LOK INCORPORATED
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Full Name of Registrant
n/a
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Former name if Applicable
1101 Northpoint Parkway
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Address of Principal Executive Office (Street and Number)
West Palm Beach, FL 33407
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City, State and Zip Code
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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 appropriate box)
[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-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-QSB,
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 Form 10-KSB, 20-F, 11-K, 10-QSB
AND Form 10-QSB, N-SAR, or the transition report or portion thereof could not be
filed within the prescribed period.
"The Form 10-QSB could not be filed within the prescribed time because
the Registrant requires additional time in order to finalize quarterly
financial information and complete consolidation of financial
statements."
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Franklin W. Brooks 561 478-5625
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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
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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?
[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.
"The earnings statements of the Company to be included in the
Form 10-QSB for the quarter ended March 31, 2000 is expected
to reflect a net loss of approximately $1.47 million, as
compared to a net loss of approximately $500,00 for the
corresponding period in 1999. The change in results of
operations was primarily due to expenses associated with the
issuance and conversion of debentures, and an increase in
compensation and service costs in connection with the issuance
of stock and stock options for the quarter ended March 31,
2000."
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SAF T LOK INCORPORATED
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
SAF T LOK INCORPORATED
Date: May 15, 2000 By: /s/ Franklin W. Brooks
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Franklin W. Brooks
President
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