AQUIS COMMUNICATIONS GROUP INC
NT 10-Q, 1999-11-16
RADIOTELEPHONE COMMUNICATIONS
Previous: AQUIS COMMUNICATIONS GROUP INC, 10-Q, 1999-11-16
Next: RED ROOF INNS INC, 8-K, 1999-11-16




                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 12b-25

                                             Commission File Number  1-13002
                                                                   -------------

                           NOTIFICATION OF LATE FILING

(Check One):
|_| Form 10-K   |_| Form 11-K   |_| Form 20-F   |X| Form 10-Q   |_| Form N-SAR

               For Period Ended: September 30, 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:
                                               ---------------------------------

     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:
                                                       -------------------------

- --------------------------------------------------------------------------------

                                     PART I
                             REGISTRANT INFORMATION

                        Aquis Communications Group, Inc.
- --------------------------------------------------------------------------------
                            Full Name of Registrant

                           Paging Partners Corporation
- --------------------------------------------------------------------------------
                           Former Name if Applicable

                           1719 A Route 10, Suite 300
- --------------------------------------------------------------------------------
           Address of Principal Executive Office (Street and Number)

                          Parsippany, New Jersey 07054
- --------------------------------------------------------------------------------
                            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 appropriate box.)


|X|  (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, 20-F, 11-K or N-SAR, or portion thereof, will be filed on
         or before the 15th 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.
<PAGE>

                                    PART III
                                   NARRATIVE

State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. See Schedule A

                                    PART IV
                               OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this
     notification

    Steven Simon                                     973          560-8095
- --------------------------------------------------------------------------------
       (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 answer is no,
     identify report(s). |X| Yes |_| No


(3)  Is it anticipated that any significant change in results of operation for
     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

     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. See Schedule B


                        Aquis Communications Group, Inc.
- --------------------------------------------------------------------------------
                  (Name of Registrant as Specified in Charter)

            Has caused this notification to be signed on its behalf
                  by the undersigned hereunto duly authorized.


Date November 16, 1999            By /s/ John S. Adiletta, President
    -----------------------       -------------------------------------------
                                         John S. Adiletta, President


Instruction: The form may be signed by an executive officer of the registrant or
by 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 18 U.S.C. 1001)

                              GENERAL INSTRUCTIONS

1.    The form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
      Rules and Regulations under the Securities Exchange Act of 1934.

2.    One signed original and four conformed copies of this form and amendments
      thereto must be completed and filed with the Securities and Exchange
      Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the
      General Rules and Regulations under the Act. The information contained in
      or filed with the form will be made a matter of public record in the
      Commission files.

3.    A manually signed copy of the form and amendments thereto shall be filed
      with each national securities exchange on which any class of securities of
      the registrant is registered.

4.    Amendments to the notifications must also be filed on form 12b-25 but need
      not restate information that has been correctly furnished. The form shall
      be clearly identified as an amended notification.

5.    Electronic Filers. This form shall not be used by electronic filers unable
      to timely file a report solely due to electronic difficulties. Filers
      unable to submit a report within the time period prescribed due to
      difficulties in electronic filing should

<PAGE>

      comply with either Rule 201 of Regulation S-T (ss.232.201 or ss.232.202 of
      this chapter) or apply for an adjustment in filing date pursuant to Rule
      13(b) of this chapter).


                                     - 3 -
<PAGE>

                                   Schedule A

            Due to the recently discontinued merger discussions with Intelispan,
Inc., the Registrant was required to write down all costs and expenses
associated with the transaction, the exact amounts of which are still being
determined.


                                     - 4 -
<PAGE>

                                   Schedule B

            The Registrant's sales revenues for the reporting period were
$8,717, as opposed to $6,925 for the corresponding period of the prior year. Net
earnings per share for the reporting period were ($.17). Due to the merger of a
wholly-owned subsidiary of the Registrant with Aquis Communications, Inc., the
Registrant's business and results of operations have materially changed from the
corresponding period for the prior year.


                                     - 5 -



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission