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;
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[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's CFO has been unavailable from time to time
during the past several weeks due to medical difficulties, causing a delay in
finalizing the financial information and the Management's discussion and
analysis of financial condition and results of operations to be included in
the 10-QSB.
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
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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 three months ended June 30, 1998 will be approximately
$423,000 as compared to a net income of $18,704 for the three month period
ended June 30, 1997. For the six months ended June 30, 1998 the Company
expects to show a net loss of $846,000 compared to a net loss of $258,322 for
the comparable period in 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 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: August 14, 1998 /s/ Mark Capone
____________________________________
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).
