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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, 1999.
[ ] 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
|X| date; or the subject quarterly report or transition report
on Form 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 annual report on Form 10-QSB for the
quarter ended March 31, 1999 on the prescribed filing date for the following
reasons:
The Company was not able to compile the financial data
necessary to complete the Company's financial statements by May 17,
1999, the required filing date for the Company's quarterly report on
Form 10-QSB, without unreasonable effort and expense because of the
extraordinary demands upon management's time with respect to
financing, acquisition and other activities in the weeks preceding the
required filing date for the Form 10-QSB.
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Part IV
Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Paul C. Tunink, Chief Financial 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 financial statements will
reflect revenues of approximately $10,787,000 and net income of
approximately $84,000 for the quarter ended March 31, 1999, as compared
to revenues of $5,689,000 and a net loss of $422,000 for the quarter
ended March 31, 1998.
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, 1999.
MURDOCK COMMUNICATIONS CORPORATION
BY /s/ Paul C. Tunink
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Paul C. Tunink, Chief Financial
Officer
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