SECURITIES & EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Notification of Late Filing
ULTRADATA SYSTEMS, INCORPORATED
Commission File Number 0-25380
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(Check one)
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 the period ended December 31, 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:
PART I
REGISTRANT INFORMATION
Full name of Registrant ULTRADATA SYSTEMS, INCORPORATED
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Former name, if applicable
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9375 Dielman Industrial Drive, St. Louis, MO 63132
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Address of principal executive office
PART II
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
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(a) The reasons described in detail in Part III of this form could not be
eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form
10-K 10-KSB, 20-F, 11-K or Form 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, 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
Ultradata Systems, Incorporated is unable to file its annual report on Form
10-KSB within the prescribed time because it has not received the audited
1999 financial statements of Talon Research & Development Properties, Ltd.,
the New Zealand corporation of which it owns approximately 25%.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Monte Ross (314) 997-2250
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(2) Have all other periodic reports required under Section 13 or 15(d) or 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. Yes X No
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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. Yes X No
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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.
The earnings statements for 1999 are expected to show the following changes in
results of operations compared to 1998:
1999 1998
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Net Sales $ 5,566,626 $ 7,234,075
Gross Profit 2,368,967 3,061,874
Operating Loss (1,817,989) (3,304,504)
ULTRADATA SYSTEMS, INCORPORATED
______________________________________________
Name of Registrant as Specified in its Charter
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 29, 2000 By: /s/ Monte Ross
__________________________
President and CEO
March 30, 2000
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, DC 20549
Gentlemen:
This letter is written in response to the requirement of Rule 12b-25(c) under
the Securities Exchange Act of 1934 and in satisfaction of item (c) of Part II
of Form 12b-25.
We are the independent auditors of Ultradata Systems, Incorporated (the
"Registrant"). The Registrant has stated in Part III of its filing on Form
12b-25 that is is unable to timely file, without unreasonable effort or
expense, its Annual Report on Form 10-KSB for the year ended December 31, 1999
because our Firm has not yet completed our audit of the Registrant for the year
ended December 31, 1999 and is therefore unable to furnish the required opinion
on such financial statements.
We hereby advise you that we have read the statements made by the Registrant
in Part III of its filing on Form 12b-25 and agree with the statements made
therein. We are unable to complete our audit of the Registrant's financial
statements and furnish the required opinion for a timely filing because we are
currently waiting for informational verifications from third parties which are
essential for us to complete our audit and, as a result, have not had the
ability to complete the auditing procedures which we consider necessary in the
circumstances.
Very truly yours,
/s/ BDO Seidman, LLP
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BDO Seidman, LLP
