U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
0-26464
CUSIP NUMBER
126371-10-3
(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, 1998
|_| 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:
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:
Part I--Registrant Information
Full Name of Registrant
CSI Computer Specialists, Inc.
Former Name if Applicable
Address of Principal Executive Office (Street and Number) City, State and Zip
Code
904 Wind River Lane Suite 100
Gaithersburg, Maryland 20878
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)
| | (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, transtion 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 within the prescribed period. (Attach Extra Sheets
if Needed)
Item 1 of the Quarterly Report on Form 10-QSB for the period ended March 31,
1998 (the "10-QSB") requires the Company to provide a balance sheet as of
December 31, 1997. The Company is completing preparation of its financial
statements for the fiscal year ended December 31, 1997 for inclusion in its
Annual Report on Form 10-KSB for such period (the "10-KSB"). The delay in the
completion of the financial statements is principally attributable to the
Company's relocation to new corporate offices and transition to a new accounting
system following the acquisition of two divisions and a subsidiary in 1997, as
previously disclosed. The Company intends to file the completed 10-KSB on May
18, 1998. Because the balance sheet as of December 31, 1997 has not been
completed and the 10-KSB has not been filed, the Company is unable to file the
Form 10-QSB by its due date of May 15, 1998. The Company will file the completed
10-QSB on or before May 20, 1998, five calendar days following the prescribed
due date.
Part IV--Other Information
(1) Name and telephone number of person to contact in regard to this
notification
James D. Boccabella CPA
Chief Financial Officer
301-921-8860
(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).
|_| Yes |X| No
Form 10-KSB for the year ended December 31, 1997 (see narrative above).
(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?
|_| Yes |X| 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.
<PAGE>
CSI Computer Specialists, Inc. has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
CSI Computer Specialists, Inc.
May 15, 1998 By: James D. Boccabella
- -------------- ------------------------------------
Date James D. Boccabella CPA,
Chief Financial Officer
