U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFCATION OF LATE FILING
SEC FILE NUMBER
0-24242
CUSIP NUMBER
744088106
(Check One):
[ ] Form 10-K and Form 10-KSB [ ]Form 20-F [ ]Form 11-K [x ] Form 10-Q
and Form 10-QSB
[ ] Form N-SAR
For Period Ended: March 31, 1999
[ ] 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:________________________________________________
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
Former Name if Applicable
Productivity Technologies Corp.
________________________________________________________________________________
Address of Principal Executive Office (Street and Number)
509 Madison Avenue, New York, New York 10022
________________________________________________________________________________
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;
<PAGE>
(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
(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 and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed with the prescribed period. (Attach Extra Sheets if
Needed)
The Company's report could not be timely filed due to (i) a change in
legal counsel engaged to review the report on the Company's behalf; and (ii)
delays in communicating necessary information to counsel due to a malfunction of
e-mail systems.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification.
Jesse Levine (734) 657-1010
- --------------------------------------------------------------------------------
(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) It is 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?
[ ] Yes [x ]No
It 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.
Productivity Technologies Corp.
------------------------------------------------
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: May 17, 1999 By: /s/ Jesse Levine
------------- ---------------------------------------
Jesse Levine, Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorizing representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
ATTENTION: Intentional misstatement or omissions of facts constitute Federal
Criminal Violations (See 18 U.S.C. 1001).
