U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 12b-25
NOTIFICATION OF LATE FILING
|_| Form 10-KSB |_| Form 20-F |_| Form 11-K |X| Form 10-QSB
|_| Form N-SAR
For Period Ended : 3/31/98
|_| Transition Report of Form 10-KSB
|_| Transition Report of 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: ________________________
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: Mace Security International, Inc.
Former Name if Applicable: Not Applicable
Address of Principal
Executive Office: 160 Benmont Ave.
Bennington, VT 05201
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>
|X| (b) The subject annual report, semi-annual report, transition report on 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 of 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-KSB, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof could not be filed within the
prescribed period.
The subject Form 10-QSB cannot be timely filed without unreasonable effort or
expense because the Registrant requires additional time to prepare its pro forma
information and to obtain its accountant's review of pro forma information based
on subsequent events.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Mark Capone CFO (800)-255-2634
(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 reports(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
<PAGE>
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.
Based on preliminary estimates it is anticipated that the Company's net
loss for the first quarter ending March 31, 1998 will be approximately $470,000
as compared to a net loss of $277,000 for the period ended March 31, 1997.
Management believes that the increased loss is due primarily to a decline in the
Company's Consumer Division Sales and increased professional fees incurred in
connection with the pending sale of the Company's Law Enforcement Division to
Armor Holdings, Inc.
Mace Security International, Inc.
(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 4, 1998 /s/ Mark Capone
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Mark Capone, Chief Financial Officer
Authorized Representative
INSTRUCTION: The form may be signed by an executive officer of the registrant or
any other duly authorized 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 misstatements or omissions of fact constitute Federal Criminal
Violations (See 19 U.S.C. 1001).
