ELECTRONICS COMMUNICATIONS CORP
NT 10-Q, 1997-11-14
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
Previous: SOFTWARE PUBLISHING CORP HOLDINGS INC, 10QSB, 1997-11-14
Next: CANTERBURY PARK HOLDING CORP, 10QSB, 1997-11-14




                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549




                                   FORM 12b-25


                           NOTIFICATION OF LATE FILING
                                       of

                                   FORM 10-QSB 
                      For Period Ended: September 30, 1997



                        ELECTRONICS COMMUNICATIONS CORP. 
                              (Name of Registrant)



                   10 Plog Road, Fairfield, New Jersey, 07004
                     (Address of Principal Executive Office)




                                     1-13764
                            (Commission File Number)



================================================================================

                Nothing in this form shall be construed to imply
                that the Commission has verified any information
                                contained herein.

                                   Page 1 of 3
<PAGE>
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.)

                  (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 quarterly report on Form 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

         State below in reasonable detail the reasons why Form 10-Q could not be
filed within the prescribed period.



         On October 10, 1997,  prior  management  and a majority of the Board of
         Directors resigned. The Company simultaneously employed a new chairman,
         president,  chief executive officer, chief financial officer, treasurer
         and  secretary  and  elected new  directors.  New  management  requires
         additional time to complete Form 10-QSB for the quarter ended September
         30, 1997. The Form 10-QSB will be filed within five calendar days.




                                   Page 2 of 3

<PAGE>
Part IV - Other Information


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

              Joseph A. Rosio                                 (201) 808-8862
              ------------------------------------------------------------------

         (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  such
              reports.

                           Yes [X]                   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? 

              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.


                           Yes [X]                   No [ ]

         It is  anticipated  that the loss of operations  for the  corresponding
         period from the last  fiscal  year will  decrease  from  $2,421,509  to
         approximately  $1,700,000.  Compared to the corresponding period in the
         prior fiscal year, sales decreased by approximately  $900,000,  cost of
         sales and total expenses decreased by approximately $1,800,000.

         Electronics  Communications  Corp., has caused this  notification to be
signed on its behalf by the undersigned thereunto duly authorized.


Date:  November 14, 1997              By: /s/ Joseph A. Rosio
                                         ---------------------------------------
                                         Name:   Joseph A. Rosio
                                         Title:  President



                                   Page 3 of 3


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