U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER 0-24378
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11K
[X] Form 10-Q and Form 10-QSB [ ] 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:
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 notificationrelates:
PART 1 -- REGISTRANT INFORMATION
Full Name of Registrant FIRST SCIENTIFIC, INC.
Former Name if Applicable N/A
1877 WEST 2800 SOUTH, SUITE 200
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Address of Principal Executive Office (Street and Number)
OGDEN, UTAH 84401
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City, State 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 box if
appropriate)
[X] Yes [ ] No
(a) The reasons defined in reasonable detail in PartIII of
this form could not be eliminated without unreasonable effortor
expense.
SEE PART III BELOW.
(b) The subject matter report, semi-annual report, transition
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 quarterlyreport or
transition report on Form 10-Q, or portion thereof will befiled on
or before the fifth calendar day following the prescribed duedate; and
(c) The accountant's statement or other exhibitrequired by
Rule 12b-25(c) has been attached if applicable.
N/A
PART III -- NARRATIVE
State below in reasonable detail the reasons why Form10-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 filedwithin the
prescribed period.
FIRST SCIENTIFIC, INC. (THE "COMPANY") IS WAITING FORTHE
COMPLETION OF ITS UNAUDITED FINANCIAL STATEMENT TO BE INCLUDED
IN ITS REPORT ON FORM 10-QSB FOR THE QUARTER ENDED SEPTEMBER30, 1999.
THE COMPLETION OF SUCH REPORT HAS BEEN DELAYED DUE TO MANAGEMENT'S
REVIEW OF CERTAIN ITEMS IN CONNECTION WITH THE COMPANY'S OPERATIONS.
THE COMPANY INTENDS TO FILE ITS REPORT ON FORM 10-QSB FOR THE QUARTER
ENDED SEPTEMBER 30, 1999 PROMPTLY AFTER THE CONCLUSION OF THE REVIEW.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard
to this notification
DWIGHT WILLIAMS, ESQ. (801) 535-5000
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required undersection 13
or 15(d) of the Securities Exchange Act of 1934 or section 30of the
Investment Company Act of 1940 during the preceding 12 monthsor 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
(3) Is it anticipated that any significant change in results
of operations from the corresponding period for the lastfiscal year
will be reflected by the earnings statements to be includedin 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.
FIRST SCIENTIFIC, INC.
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(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/ Gordon M. Davis
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Gordon M. Davis
Vice President Administration/CFO
(principal financial and
accounting officer)
ATTACHMENT OF FORM 12B-25 FOR
FIRST SCIENTIFIC, INC.
PART IV (3) - EXPLANATION OF SIGNIFICANT
CHANGE IN RESULTS OF OPERATIONS
The Registrant's estimated sales for the nine-month period is
approximately $426,000 which is approximately $358,000 Higher than
the sales for the nine-month period ended September 30, 1998. The
Registrant's estimated loss for the quarter ended September 30,1999 is
approximately $507,000 which is approximately $3,393,000 lower than
the loss for the quarter ended September 30, 1998. Such reducedloss was
attributable to (a) a one time research and development expenseof
approximately $3,766,000 (b) increased general andadministrative
expenses of approximately 438,000 in the reporting quarter.
