SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File Number 1-13776
NOTIFICATION OF LATE FILING
(Check One): |_| Form 10-KSB |_| Form 11-K |_| Form 20-F
|_| Form 10-Q |_| Form N-SAR
For Period Ended:
|X| Transition Report on Form 10-KSB |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F |_| Transition Report on Form N-SAR
|_| Transition Report on Form 11-K
For the Transition Period Ended: September 30, 1998
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 GreenMan Technologies, Inc.
Former name if applicable
Address of principal executive office (Street and number)
7 Kimball Lane, Building A
City, State and Zip Code Lynnfield, MA 01940
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, transition report on
Form 10-K, Form 20-F, Form 11-K, 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 12-b-25(c)
has been attached if applicable.
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PART III
NARRATIVE
State below in reasonable detail the reasons why the Forms 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. (Attach Extra Sheets if Needed).
On August 21, 1998, the Registrant's facility in St. Francisville,
Louisiana was severely damaged by a fire, which necessitated the closure of the
facility. The Company is currently assessing the financial impact of the loss
and, in connection therewith, negotiating a settlement agreement with the
insurance carrier as well as its largest secured creditor which has a lien on
the assets. If these negotiations are successful, the Company might avoid the
need to record a significant loss due to the fire at September 30, 1998. As a
result, the Registrant requires additional time to properly determine the
financial impact, if any, of these events on its financial statements and in its
Annual Report on Form 10-KSB for the fiscal year ended September 30, 1998. These
accounting issues could not be resolved without unreasonable effort or expense
in order to file the Form 10-KSB within the prescribed time period.
The registrant expects to file the Annual Report on Form 10-KSB for the
fiscal year ended September 30, 1998 on or before January 13, 1999.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Charles E. Coppa 781 224-2411
(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 reports) been filed? If answer is no,
identify report(s).
|X| Yes |_| No
(3) Is it anticipated that any significant change in result 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?
|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.
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GreenMan Technologies, 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: December 30, 1998 By: /s/ Charles E. Coppa
Charles E. Coppa