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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File No. 000-21463
(Check One): [ ] Form 10-K or Form 10-KSB [ ] Form 11-K [ ] Form 20-F
[ X ] Form 10-Q or Form 10-QSB [ ] Form N-SAR
For Period Ended: March 31, 1998
[ ] Transition Report on Form 10-K or Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q or Form 10-QSB
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: Not Applicable
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 relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates: Not Applicable
Part I
Registrant Information
Full Name of Registrant: Murdock Communications Corporation
Former Name if Applicable: Not Applicable
Address of Principal Executive Office (Street and Number): 1112 29th Avenue
S.W.
City, State and Zip Code: Cedar Rapids, IA 52404
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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 box if appropriate)
(a) The reason described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
(b) The subject annual report, semiannual report, transition
report on Form 10-K, Form 10-KSB, Form 20-F, Form 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
[X] 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
(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, 10-KSB,
11-K, 20-F, 10-Q, 10-QSB, N-SAR or the transition report portion thereof could
not be filed within the prescribed time period. (Attached extra sheets if
needed.)
The registrant could not file its quarterly report on Form 10-QSB for
the quarter ended March 31, 1998 on the prescribed filing date for the following
reasons:
Due to the unanticipated complexity of including financial
information with respect to certain companies acquired by the Company
since the start of the fourth quarter of 1997, the Company has not been
able to compile and complete the information necessary to complete the
Company's unaudited interim consolidated financial statements by May
15, 1998, the required filing date for the Company's quarterly report
on Form 10-QSB, without unreasonable effort and expense.
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Part IV
Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Thomas E. Chaplin, Chief Executive Officer 319-362-6900
(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?
[ X ] Yes [ ] No
The Company anticipates that its unaudited interim
consolidated financial statements will reflect a net loss of
approximately $422,112 for the three months ended March 31, 1998, as
compared to a net loss of $1,226,992 for the three months ended March
31, 1997.
Murdock Communications Corporation has caused this notification to be
signed on its behalf by the undersigned thereunto duly authorized.
Dated this 18th day of May, 1998.
MURDOCK COMMUNICATIONS CORPORATION
BY /s/ Thomas E. Chaplin
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Thomas E. Chaplin, Chief Executive
Officer
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