SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
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NOTIFICATION OF LATE FILING
0-23204
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(Commission File Number)
|X| Form 10-K and Form 10-KSB |_| Form 11-K
|_| Form 20-F |_| Form 10-Q and Form 10-QSB |_| Form N-SAR
For period ended: December 25, 1999
|_| Transition Report on Form 10-K and Form 10-KSB
|_| Transition Report on Form 20-F
|_| Transition Report on Form 11-K
|_| Transition Report on Form 10-Q and Form 10-QSB
|_| Transition Report on Form N-SAR
For the transition period ended:
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: Boss Holdings, Inc.
Former name (if applicable): Vista 2000, Inc.
Address of principal executive offices: 221 West First Street, Kewanee,
Illinois 61443
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PART II
RULE 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 reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense:
|X|
(b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 10-KSB, 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, 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
The annual report of Boss Holdings, Inc. (the "Company") on Form 10-K could not
be filed within the prescribed time period because the Company's audited
financial statements were not completed and could not be completed within the
prescribed time period without unreasonable effort or expense. Without complete
financial statements, the narrative portions of the report could not be
completed. As a result, the Company could not solicit and obtain the necessary
review of the Form 10-K and signature thereto by a majority of its board of
directors in a timely fashion prior to the due date of the report. The Company
anticipates that its report on Form 10-K will be filed on or before the
fifteenth calendar day following its prescribed due date.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
J. Bruce Lancaster Chief Financial Officer (309) 852-2131
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(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 twelve 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
2
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(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
Consistent with its results of operations reported during the first three
quarters of the current year, the Company anticipates that results from
operations as of the fiscal year end will be a loss compared with a profit
last year. This results primarily from continuing decreased revenues and
increased selling, general and administrative expenses. Because fiscal
year-end adjustments and other audit provisions have not been finalized,
at this time the Company is unable to estimate with reasonable accuracy
the 1999 results of operation. The Company anticipates its report on Form
10-K will be filed within the time prescribed in Part III above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BOSS HOLDINGS, INC.
By: /s/ J. Bruce Lancaster
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J. Bruce Lancaster, Chief Financial Officer
Date: March 22, 2000